cryptocurrency news today
Cryptocurrency news today
Today’s crypto news underscores the sector’s dynamic nature, blending innovation, market reactions and the occasional pitfalls. As bitcoin reclaims the $30K mark and major players like PayPal delve deeper into the crypto realm, the intersection of traditional finance and digital currencies becomes ever more pronounced.< https://vege-chandra.info/merkur/sevens-kraze/ /p>
Ether and other cryptocurrencies, however, stand to gain much more from the crypto-friendly regulatory environment that Trump has promised and appears to be a priority for many in his inner circle. For example, one reason the spot bitcoin ETFs didn’t see as much success as bitcoin ETFs is because they don’t distribute staking rewards. Many in the industry are hopeful that will change next year.
Prominent figures in the crypto space, Ark Invest CEO Cathie Wood and Galaxy Digital CEO Mike Novogratz, have expressed optimism regarding the approval of a spot bitcoin ETF by the SEC. With several applications pending, the crypto community eagerly awaits a positive decision, which could further legitimize and boost the adoption of cryptocurrencies
The 2024 elections in the US, Asia, Europe and Africa are poised to influence the global regulatory framework for Bitcoin and crypto. Follow CoinDesk for essential updates and expert analysis to see what’s at stake.
Bitcoin cryptocurrency
In the bitcoin network, each bitcoin is treated equally, ensuring basic fungibility. However, users and applications can choose to differentiate between bitcoins. While wallets and software treat all bitcoins the same, each bitcoin’s transaction history is recorded on the blockchain. This public record allows for chain analysis, where users can identify and potentially reject bitcoins from controversial sources. For example, in 2012, Mt. Gox froze accounts containing bitcoins identified as stolen.
De volledige cryptocurrency-markt — nu meer dan $300 miljard waard — is gebaseerd op het idee achter Bitcoin: geld dat door iedereen overal ter wereld verzonden en ontvangen kan worden, zonder afhankelijk te zijn van vertrouwde tussenpersonen zoals banken en financiële dienstverleners.
Om ervoor te zorgen dat het mining van cryptocurrency continu gebeurt, waarbij er ongeveer elke 10 minuten een blok verschijnt, wordt de mining moeilijkheidsgraad regelmatig aangepast — ongeveer elke twee weken. Als de hashsnelheid op een hoog niveau zit, maar de wiskundige problemen die nodig zijn voor blokbeloningen te makkelijk zijn, komt nieuwe BTC te snel in omloop. (Berekeningen die te hoog zijn veroorzaken een vergelijkbaar probleem.)
Hardware Wallet: een nadeel van een online blockchain wallet is het risico dat je BTC kan worden gestolen als deze wordt opgeslagen in een zogenaamde « hot wallet » die is verbonden met het internet. Een hardware wallet betekent dat je munten worden versleuteld en opgeslagen op een fysiek apparaat, offline en in koude opslag. Veel van deze producten ondersteunen ook andere cryptocurrencies, waaronder Ethereum.
De hashsnelheid is een cruciale barometer van hoe gezond de Bitcoin-blockchain momenteel is. Kort gezegd is dit een algemeen overzicht van de verwerkingskracht die op dit moment in het Bitcoin-netwerk te vinden is.
Cryptocurrency
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
Cryptocurrencies have become a popular tool with criminals for nefarious activities such as money laundering and illicit purchases. The case of Dread Pirate Roberts, who ran a marketplace to sell drugs on the dark web, is already well known. Cryptocurrencies have also become a favorite of hackers who use them for ransomware activities.
Numerous companies developed dedicated crypto-mining accelerator chips, capable of price-performance far higher than that of CPU or GPU mining. At one point, Intel marketed its own brand of crypto accelerator chip, named Blockscale.
Though they claim to be an anonymous form of transaction, cryptocurrencies are pseudonymous. They leave a digital trail that agencies like the Federal Bureau of Investigation (FBI) can follow. This opens up the possibility for governments, authorities, and others to track financial transactions.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
Cryptocurrencies have become a popular tool with criminals for nefarious activities such as money laundering and illicit purchases. The case of Dread Pirate Roberts, who ran a marketplace to sell drugs on the dark web, is already well known. Cryptocurrencies have also become a favorite of hackers who use them for ransomware activities.
Cryptocurrency stocks
PayPal (ticker: PYPL) is a well-known technology company that has long been focused on digital payments — a key area of development in cryptocurrency. PayPal has added crypto payment and investing tools to its PayPal and Venmo apps in recent years.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Anders Bylund has positions in Bitcoin, Cardano, Coinbase Global, Ethereum, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Bitcoin, Block, Cardano, Coinbase Global, Ethereum, Mastercard, Meta Platforms, Nvidia, PayPal, Shopify, and Visa. The Motley Fool recommends CME Group and recommends the following options: long January 2025 $370 calls on Mastercard, long January 2027 $42.50 calls on PayPal, short December 2024 $70 calls on PayPal, and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy.
One of the most popular Bitcoin mining stocks is Hut 8 Mining (HUT -2.97%). The company, based in Canada, commands a sizable minority stake on the overall Bitcoin network, and it generates very strong cash flows compared to revenue. Instead of selling the Bitcoin it mines on the market, Hut 8 Mining maximizes returns for shareholders by lending them out and farming yields, leading to compounded returns. Investors can be assured that environmental concerns regarding the practice won’t hold the company back since it uses a mix of wind, solar, and natural gas sources for its electricity, with decade-long leases.
Suppose hackers managed to break through an individual’s computer and demand ransom in the form of Bitcoin to unlock the machine. In that case, Coinbase could then match the hacker’s wallet address with millions of know-your-customer (KYC) data points stored on its platform. This could help law enforcement track down the flow of funds and apprehend the cybercriminals — building greater trust in the crypto space.
The best part about cryptocurrency stocks is that most of them are not pure plays on the industry, so investors have the reward of ample diversification. Cryptocurrencies are quite volatile and can cause wild swings in the revenue and earnings of companies with sector exposure.
