Credible Editorial material, evaluated by renowned industry specialists and experienced editors. Advertisement Disclosure Renowned market evaluator Gert Van Lagen has boldly endorsed Bitcoin (BTC) to reach the $300,000 price target amid the ongoing bull market. Van Lagen’s forecast follows closely after marking a new record high at $111,970, indicating a robust bullish intent to preserve the current price uptrend. During the last week, the leading cryptocurrency recorded a modest price increase of 5.35% as news surfaced of US President Donald Trump suggesting a 50% tariff on imports from the European Union (EU), which prompted a slight price pullback. Bitcoin Potential…
Autore: wsjcrypto
Pakistan has designated 2,000 megawatts of surplus energy exclusively for Bitcoin mining and artificial intelligence facilities.This initiative is part of a more extensive digital transformation strategy led by the Pakistan Crypto Council and supported by the Ministry of Finance, as reported by local news outlet 24NewsHD TV Channel on May 25 report.During the initial phase, the government intends to direct surplus energy towards AI infrastructure and cryptocurrency mining ventures. Finance Minister Muhammad Aurangzeb stated that this decision is anticipated to attract billions in foreign investments while generating high-tech jobs nationwide.The initiative’s second phase will facilitate access to renewable energy for…
The Ethereum market value increased by a net 3.16% in what turned out to be another momentous week for the cryptocurrency market as Bitcoin achieved a new all-time high price. Significantly, the prominent altcoin has greatly profited from the overall market resurgence over the past month, yielding a 44.69% price hike during this duration. Curiously, well-known crypto analyst Ted Pillows has predicted Ethereum will sustain this favorable performance due to a bullish chart configuration. Related Reading: Ethereum Net Flows Turn Negative As Bulls Push For $3,500 Possible ETH Breakout Pattern Indicates $3,000 Target – Analyst In an X post on…
“`html By Luisa Maria Jacinta C. Jocson, Senior Journalist THE BANGKO SENTRAL ng Pilipinas (BSP) indicated that it is considering transitioning to a point target for inflation, moving away from the current 2-4% target range, stated its top official. “We’re seriously contemplating just having a point, a target level,” BSP Governor Eli M. Remolona, Jr. remarked to reporters during a press gathering on Friday. “A single figure, indeed. In the US, it stands at just 2%. In numerous other central banks, it’s merely one figure,” he further stated. In December, the Development Budget Coordination Committee, in consultation with the BSP,…
“`html AI entities in crypto are progressively integrated into wallets, trading bots, and on-chain assistants that automate tasks and make instantaneous decisions.Although it isn’t a widely recognized framework yet, Model Context Protocol (MCP) is gaining traction at the center of many of these entities. Just as blockchains utilize smart contracts to detail what actions should take place, AI agents employ MCPs to determine how those actions can manifest.It can serve as the governance layer that oversees an AI agent’s conduct, such as which resources it employs, what code it executes, and how it reacts to user interactions.This very adaptability also…
“`html The cryptocurrency sector is not unfamiliar with controversy, yet only a few initiatives have attracted as much attention as Sam Altman’s World, previously referred to as Worldcoin.Claiming to authenticate human individuality through iris scans and distribute its WLD token worldwide, World positions itself as a means for financial inclusion. Nonetheless, detractors contend that the project’s biometric techniques are intrusive, excessively centralized, and contrary to the principles of decentralization and digital confidentiality.At the core of the critique is the assertion that biometric identity systems cannot be genuinely decentralized when they depend on proprietary hardware, closed verification methods, and centralized oversight…
“`html In the previous Mempool article, I discussed the various types of relay policy filters, their purpose, and the motives that ultimately determine how effective each category of filter is at obstructing the confirmation of different types of transactions. In this article, I will explore the interactions within the relay network when certain nodes have varying relay policies compared to others. Assuming all factors remain constant, when nodes in the network implement uniform relay policies in their mempools, all transactions ought to disseminate throughout the entire network provided they offer the minimum feerate necessary to avoid eviction from a node’s…
“`html THE UNITED STATES’ recent credit rating downgrade may advantageous for the Philippines and other developing markets as it could encourage investors to diversify their holdings. “The US credit downgrade negatively affects the US dollar and US dollar-linked assets but is advantageous for the peso as global funds move towards non-dollar investments, which includes emerging market asset categories. The Philippines is included in the emerging market spectrum,” Cristina S. Ulang, the research head at First Metro Investment Corp., stated. “It’s conceivable that the downgrade might prompt some investors to steer away from dollar assets,” Luis A. Limlingan, sales head at…
“`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure Crypto company Matrixport has provided insights into why this bull market stands apart from the 2021 bull surge. Their examination clarifies why altcoins are trailing despite the Bitcoin price surge to a new all-time high (ATH) at $111,900. Why This Bull Market Is Distinct As Altcoins Trail Bitcoin Prices In an X post, Matrixport indicated that many traders are missing out on the current Bitcoin price surge as traditional retail participation indicators remain low despite the ascent to a new ATH. The firm detailed that this…
“`html Risk tolerance across conventional and cryptocurrency markets experienced a marked increase this week, aiding U.S. cryptocurrency funds in recuperating the losses incurred during the corrections of February and March, with over $7.5 billion in weekly inflows.Bitcoin (BTC) exceeded its former record high on May 21, just two days following President Donald Trump’s announcement of ongoing ceasefire discussions between Russia and Ukraine in a May 19 X post.Simultaneously, notable analyst and Global Macro Investor CEO Raoul Pal cautioned against further fiat currency depreciation, encouraging investors to increase their exposure to cryptocurrencies and non-fungible tokens (NFTs), asserting that these assets “will…