Author: Crypto Flexs

December 8 What is SpiderChain and how does it affect Bitcoin? Post time: 14:16h education by admin The evolution of Bitcoin Layer 2 features is witnessing a new development with the introduction of “Spiderchain”, a proposal that has recently been gaining attention in the cryptocurrency community. This plan, developed by Botanix Labs, represents an innovative approach to improving the functionality and scalability of Bitcoin. Efforts to improve Bitcoin’s functionality A new Bitcoin sidechain concept is gaining attention as a potential game-changer for Bitcoin’s layer 2 features, known as Spiderchains. Spiderchains, developed by Botanix Labs, represents a new approach to creating…

Read More

The United States (US) added 199,000 jobs in the nonfarm sector in November. How will a strong job market affect Bitcoin (BTC)? A strong job market is generally considered a positive thing for the economy. However, this also indicates that the Federal Reserve (Fed) will not be cutting interest rates anytime soon. Bitcoin (BTC) is not affected by strong job market numbers. Nonfarm payrolls growth in November was higher than October’s growth, according to Barrons. The United States added 199,000 jobs, exceeding expectations of 175,000. However, the salary increase is lower than the average monthly salary of 240,000 won over…

Read More

Leading Infrastructure Provider Joins Flare to Enable Blockchain for Data – Chainwire housenewsroomLeading infrastructure provider joins Flare to enable blockchain for data. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary…

Read More

introductionThe emergence of digital currencies, especially Bitcoin, has transformed online commerce. This guide details how to use Bitcoin to purchase cannabis in locations where it is legally allowed. legal compliance and How to transact safely.Understand the legal environmentThe legality of cannabis varies around the world, with some regions fully legalizing cannabis while others maintain strict prohibition. Buyers should be familiar with local cannabis laws.Legality of Buying Cannabis Online in the United StatesThe legality of purchasing cannabis online in the United States varies by state. More than 20 states have legalized marijuana for medicinal and recreational use, reflecting the growing acceptance…

Read More

Bitcoin (BTC) hit $44,000 after Wall Street opened on December 8 as U.S. employment data narrowed market bets on interest rate cuts.BTC/USD 1-hour chart. Source: TradingViewBitcoin holds firm as employment data unsettles the US dollar.Data from Cointelegraph Markets Pro and TradingView covers the latest BTC price action as the risk asset reacts to the latest US inflation clues.Nonfarm payrolls beat expectations, 199,000 to 190,000, while the unemployment rate was lower than expected, 3.7% to 3.9%, according to official figures from the Bureau of Labor Statistics.Both said the Federal Reserve’s monetary tightening had not yet had its full impact and that…

Read More

Bitcoin price adjusted lower and tested the $42,800 support area. BTC is currently showing positive signs and may attempt a new surge above $44,000. Bitcoin is holding gains above the $42,500 pivot level. The price is trading above $42,800 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trend line forming with support near $42,900. The pair is likely ready for a new increase above the $44,000 level. Bitcoin price eye fresh rise Bitcoin price began a downward correction below the $44,000 level. BTC fell below the $43,500…

Read More

As climate change puts energy sustainability at the forefront, natural gas has emerged as a cleaner transition fuel compared to oil and coal. Gascoin seeks to accelerate this transition by revolutionizing the natural gas industry through asset tokenization on the blockchain. Gascoin aims to bring accessibility, transparency and efficiency to the gas sector by allowing investors to purchase tokenized shares of natural gas reserves. With approximately $24 billion in natural gas reserves, Gascoin is at the forefront of reshaping the industry landscape. With its ongoing Initial Coin Offering (ICO), the project is actively working to bring global gas assets to…

Read More

Investment manager VanEck said in a new filing with the Securities and Exchange Commission on Friday that its proposed spot Bitcoin ETF will use the ticker “HODL,” a common acronym for “hold on for dear” in cryptocurrency circles. Life.”“The shares are expected to be listed on the exchange under the ticker symbol ‘HODL’ pursuant to the notice of issuance,” the amended Form S-1 filing states. This isn’t the first time the company has attempted a pun with its cryptocurrency ETF ticker. Valkyrie has subscribed to a Bitcoin futures ETF with the ticker symbol “BTFD,” which stands for “buy the f******…

Read More