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GildCoin - Crypto News

Channel address: @gildcoin
Categories: Cryptocurrencies , Crypto News
Language: English
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This channel contains exclusive material from the crypto world.
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The latest Messages 4

2024-03-02 20:08:02
Bloomberg Strategist: Bitcoin's Rise as Global Alternative Currency and Its Ties to Stock Market Drawdown

Bitcoin's Meteoric Rise: Bloomberg Intelligence's Mike McGlone highlights that on February 29, bitcoin reached an all-time high month-end price of $62,000, paralleling the record-breaking performance of the S&P 500. This correlation raises questions about bitcoin's risk compared to traditional safe-haven assets like gold.

Gold vs. Bitcoin: With bitcoin nearing $70,000, McGlone points out the growing trend of China accumulating gold while the US witnesses record inflows into bitcoin ETFs. This juxtaposition suggests that gold may need a crypto companion in portfolios to keep up with the changing tides.

Bitcoin Outpacing Gold: The data speaks volumes as bitcoin futures' open interest skyrockets by 60% while gold futures experience a 5% decline. McGlone emphasizes that this trend is not a passing fad but a long-term shift in investor sentiment.

Investment Exodus: Gold ETFs are witnessing clear outflows as investors divert their attention and capital towards new spot bitcoin ETFs. The strategist notes that these facts are hard to ignore and indicate a changing landscape for asset allocation.

Bitcoin: The Alternative Global Currency: McGlone boldly asserts that bitcoin is not just another digital asset; it is rapidly evolving into an alternative global currency. As the world gravitates towards intangible assets, bitcoin stands at the forefront of this financial revolution.

In a world where traditional markets face uncertainty, bitcoin emerges as a dynamic force, reshaping our perception of value and challenging the status quo. Keep an eye on both Wall Street and the blockchain as they dance to an increasingly synchronized beat.
13.1K views17:08
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2024-02-28 19:03:02
Digital Euro Association and HBAR Foundation Join Forces to Drive CBDC and Stablecoin Understanding

In a groundbreaking move, the Digital Euro Association (DEA) has teamed up with the HBAR Foundation to deepen their knowledge of CBDCs and stablecoins. This partnership marks a significant milestone in the world of digital currencies.

Jonas Gross, the chairman of DEA, expressed his enthusiasm for this collaboration, highlighting the foundation's role as an "integrated force multiplier" in advancing their shared vision. He emphasized the importance of secure and efficient technologies that benefit society as a whole.

It's worth noting that while this partnership is exciting news, the DEA wants to make it clear that it does not imply an endorsement of any specific ideologies or products. Their focus remains on exploration and advocacy.

Shayne Higdon, CEO of the HBAR Foundation, echoed the sentiment, emphasizing their commitment to building a sustainable and innovative digital future. He sees this collaboration as a way to contribute to the growth and progress of digital currencies.

With these two powerhouses coming together, it's clear that the digital currency landscape is evolving rapidly, driven by a shared goal of embracing new possibilities and ensuring a brighter financial future for all.
13.0K views16:03
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2024-02-28 17:50:46
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2024-02-25 19:23:01
Bitcoin's Scalability: Nakamoto's Vision Surpasses Visa, Historic Email Unveils

In a groundbreaking email exchange with Martti 'Sirius' Malmi, Satoshi Nakamoto reveals the true potential of Bitcoin. With an unwavering focus on encryption and the need to safeguard private keys, Nakamoto sets the stage for a digital revolution in wealth security.

But it doesn't stop there. Nakamoto's forward-thinking shines as he discusses plans for an escrow feature, envisioning a future where Bitcoin seamlessly integrates with traditional fiat currencies. This isn't just about virtual transactions; it's about real-world trade.

Connectivity matters, and Nakamoto acknowledges the vital role played by network nodes. With gratitude for Sirius' support, the conversation turns to user-friendly interfaces and community-driven development. Bitcoin isn't just a currency; it's a collaborative endeavor.

Demystifying the blockchain becomes child's play in Nakamoto's hands. Complex concepts are distilled into simple explanations, leaving no room for confusion. When asked about 'blocks,' Nakamoto delivers a concise answer that even newcomers can grasp.

Scaling up? No problem. With unwavering confidence, Nakamoto asserts that Bitcoin can outpace global payment giant Visa in terms of transaction capacity. Moore's Law is on our side, ensuring that hardware advancements will keep pace with adoption rates.
14.4K views16:23
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2024-02-24 19:01:52
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2024-02-23 18:00:08
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15.0K views15:00
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2024-02-23 15:01:02
Waterfall is the most decentralized BlockDAG protocol currently available

Key Features:

This decentralized platform has the potential to attract much more validators than other protocols.
Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
Compatible with EVM and Ethereum API.

The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:

Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.

Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.

The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.

R&D team has been rigorously testing technology since 2021.

More than 275 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.

On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.

On January the 2nd more than 650 000 transactions was successfully processed.

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14.5K views12:01
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2024-02-22 19:52:02
Nigerian Users Slam Binance: Exchange Rate Caps Spark Outrage!

Currency Crisis: Nigerian traders are up in arms against Binance, accusing the platform of capping exchange rates for naira to USDT transactions. Rumor has it that the central bank is behind this move, desperately trying to prop up the ailing local currency.

Naira's Nightmare: The Nigerian naira has been on a downward spiral against the US dollar since mid-2023, hitting rock bottom recently. Despite the Central Bank's efforts, including restrictions on foreign exchange earnings, experts fear the worst is yet to come, with predictions of NGN2,000 per dollar looming.

Telegram Takes Over: Frustrated by Binance's rate restrictions, some traders are flocking to Telegram, where they can fetch a better deal at NGN1,850 or more for one stablecoin. Mikeal Bernard warns authorities that blocking Binance won't save the day; it's a futile battle against an inevitable decline.

Binance's Defense: In response to the backlash, Binance defends its actions, stating it has the right to weed out rule-breakers. While admitting instructions from the CBN and EFCC to block high-rate transactions, the exchange emphasizes its commitment to fighting market manipulation.

As Nigeria grapples with its currency woes, traders and crypto enthusiasts watch closely, hoping for a brighter future beyond these turbulent times.
14.8K views16:52
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2024-02-21 14:01:20


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2024-02-19 21:45:00
Have you ever seen a meme coin funnier than @gta_token?
13.8K views18:45
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