Author: EASYDAILYCRYPTO NEWS

The Institute of Electrical and Electronics Engineers is adopting Avalanche blockchain to issue secure, tamper-proof certificates in India, enhancing digital credentialing. This initiative, as reported by CoinTelegraph, partnering with Zupple Labs to use Avalanche blockchain, represents a pivotal step in digital credentialing, aiming to offer tamper-proof, instantly verifiable certificates. “Utilizing Avalanche’s C-Chain, primarily for its compatibility with the Ethereum Virtual Machine, the IEEE demonstrates a forward-thinking approach in adapting blockchain technology. The choice of Avalanche (AVAX), endorsed by entities like SK Planet and JP Morgan Onyx, hinges on its capacity for ensuring the immutability, longevity, and security of the certificates.”…

Bitcoin has nearly doubled since Jim Cramer advised users to sell on his television show, Mad Money. When Bitcoin hovered around $24,000 nine months ago, Cramer advised users to sell their holdings. Investors who heeded this advice missed an over 80% increase in value, underscoring the risks of relying on celebrity endorsements or opinions in financial decision-making. Many crypto enthusiasts, however, are well familiar with the reverse Cramer effect. It’s one of those comedic and sometimes accurate speculations in the crypto community that Bitcoin prices always trend opposite to Cramer’s advice. For instance, investors who bought $1,000 in BTC after…

This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.“Every election is a sort of advance auction sale of stolen goods.”― H.L. MenckenVoting is sometimes fake, sometimes real. Elite coalitions gather behind the scenes and what you see in front of the camera is a complicated narrative dance measuring popular sentiment, which is sometimes aligned with reality and often isn’t.As the electoral engine of the United States purrs to life, many are questioning the point of it all. Events in the 21st century have shattered the delicate notions of fairness in…

Senior analyst Vetle Lunde of K33 Research analyzes Bitcoin’s market trends ahead of the U.S. decision on the first spot Bitcoin ETF. Lunde’s report offers a detailed perspective on the crypto market and forecasts potential trends in the coming months. Lunde attributes the recent positive momentum in Bitcoin to the growing anticipation of the SEC’s decision, noting a significant rise since October, backed by strong institutional demand. He draws parallels with past events that have historically boosted Bitcoin’s value, such as the CME BTC futures launch in 2017, Coinbase’s IPO in April 2021, and El Salvador adopting Bitcoin as legal…

The ‘Safety of Rwanda Bill’ aims to enable the government’s flagship Rwanda policy to go ahead despite the United Kingdom’s top court finding it unlawful.The UK government has published emergency legislation aimed at allowing a controversial deportation scheme to Rwanda to move forward. The “Safety of Rwanda Bill” is designed to overcome a November 15 ruling by the UK Supreme Court that found the government’s proposed scheme to send thousands of asylum seekers and migrants to the East African nation to be unlawful. The draft bill, which deems Rwanda a safe country and is set to be rushed through the…

Testifying before the U.S. Congress today, Jamie Dimon, the CEO of JPMorgan Chase, stirred controversy by expressing his negative opinions on the Bitcoin and crypto market. The renowned banking executive stated that if he held a position in the government, he would “close down” Bitcoin and cryptocurrencies.Dimon, who has been historically critical about Bitcoin and cryptocurrencies, reiterated his concerns regarding how the assets can be used. He emphasized that the government has the power to enforce strict regulations or even shut down the entire crypto space.”I’ve always been deeply opposed to crypto, Bitcoin, etc,” said Dimon. “The true use case…

QCP Capital attributes Bitcoin’s price surge primarily to developments surrounding the much-anticipated spot ETF. The cryptocurrency market is witnessing another dramatic surge in Bitcoin prices, with a remarkable 15% increase since the start of December. This uptick contributes to a significant 158% gain year-to-date for the leading token.  The catalyst for this latest surge was the SEC’s announcement on Dec. 1, stating that Jan. 5 would be the final deadline for rebuttal comments on spot ETFs. This timeline sets up the following week for probable approval, a development eagerly awaited by market participants. QCP Capital had speculated in a previous…

Satoshi Nakamoto is God and Bitcoin’s design is perfect. Or is it? There’s one feature of the protocol that keeps bugging me: the Halvening (halving, whatever). I’m sure Naka thought this over. His first Bitcoin must have had an incremental reduction of the supply per block. But the final design, the one we know, cuts the block reward in half only after every 210,000 blocks (every four years). Obviously, this decision had a tremendous impact on price action, volatility, and adoption. Unfortunately, it’s not the best supply scheme. Let’s explore.HalvingsBitcoin, as we know it, has a supply schedule adhering to…

Ron DeSantis and Nikki Haley are racing to establish themselves as the obvious alternative to Donald Trump.US presidential hopefuls are set to take the stage for the fourth debate in the 2024 Republican primary, with the race narrowing to a head-to-head battle to be the main alternative to frontrunner Donald Trump. Four candidates will be on stage at the University of Alabama for their last scheduled meeting before the Iowa caucuses kick off the United States presidential nominating season next month. Candidate dropouts and Trump’s clear stance on not attending the debates have left the battle between Florida Governor Ron DeSantis,…

A Dec. 6 post from Lookonchain, a leader in cryptocurrency price updates, highlights that BAKE, a part of the BakerySwap ecosystem and a decentralized automated market-making (AMM) protocol, had increased 100%. The price surge was said to follow BakerySwap’s announcement of their new launchpad project on BRC20, which got 181,000 impressions on X. A strategic move  At the same time, Lookonchain reports that the third-largest holder, a whale, had deposited 4.38 million BAKE or $1.4 million into the global cryptocurrency exchange, Gate.io.  This strategic move occurred after BAKE’s price reached close to its high of $0.352, suggesting the whale now…