ST. MARTIN, Miss. (AP) — A south Mississippi church is allowing parishioners to give offering or pay tithes using cryptocurrency.
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Ingrid Encalada Latorre granted stay of removal in immigration case after years of sanctuary in Boulder church
For new investors, day-to-day swings can seem frightening. But if you’ve invested with a buy-and-hold strategy, dips are nothing to panic about, says Humphrey Yang the personal finance expert behind Humphrey Talks. Yang recommends a simple solution: don’t look at your investment.
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The goal is to keep the average interval between new blockchain creations steady at a predetermined level. Bitcoin’s is 10 minutes, for instance.
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Under Brooks' leadership at OCC, the regulator issued guidance regarding banks' use of stablecoins and blockchains, as well as an interpretive letter clarifying that national banks are allowed to provide cryptocurrency custody services.
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Barring a broad-based crypto rally, the first major resistance level and Friday’s high $62,600.0 would likely cap the upside.
Four out of the top 10 cryptocurrencies were trading higher, whereas six tokens marched lower at 9.45 hours IST. Dogecoin zoomed 8 per cent following a sharp rise in Shiba Inu, which made its way in top 15 cryptos.
Cryptocurrency prices today: Ether, the coin linked to ethereum blockchain, declined over a per cent to $4,158 In cryptocurrencies, Bitcoin prices today plunged below $61,000 as the price of the world's largest cryptocurrency by market capitalization was trading more than 3% lower at $60,935. Bitcoin, which recently hit a new high, is up 109% this year (year-to-date or YTD) so far. Ether, the coin linked to ethereum blockchain and the second largest crypto, also declined over a per cent to $4,158. Meanwhile, Cardano prices were marginally lower at $2.15 whereas dogecoin plunged more than 2% to $0.25. Other digital tokens like Binance Coin, XRP, Uniswap, Litecoin, Solana were mixed over the last 24 hours. On the other hand, Shiba Inu was trading over 17% higher to $0.00004843, as per CoinGecko. Crypto funds saw inflows totalling $1.47 billion last week, the largest on record, as the first bitcoin-based exchange-traded fund (ETF) called the ProShares Bitcoin Strategy ETF (BITO), started trading in the US, according to digital asset manager CoinShares. Bitcoin saw 99% of the inflows totalling $1.45 billion last week. Additionally, inflows year-to-date (YTD) now sit at $8 billion, surpassing the record in 2020 of $6.7 billion. Ethereum saw outflows for a third consecutive week totalling $1.4 million. CoinShares believes that this is minor profit-taking as the price closes in on an all-time-high. In another news, Robinhood Markets shares fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported softer revenue than expected for the third quarter as trading levels declined for cryptocurrencies like dogecoin. Last week, Bitcoin rallied to a record high of $66,974, the recent rally came after six-months from its previous top of $64,895, fueled by the debut of the ProShares Bitcoin Strategy ETF.
While paying for things in cryptocurrencies doesn’t make sense for most people right now, more retailers accepting payments might change that landscape in the future. It’ll likely be much longer before it’ll be a smart financial decision to spend Bitcoin on goods or services, but further institutional adoption could bring about more use-cases for everyday users, and in turn, have an impact on crypto prices. Nothing is guaranteed, but if you buy cryptocurrency as a long-term store of value, the more “real world” uses it has, the more likely demand and value will increase.
Ethereum makes some noteworthy improvements to Bitcoin’s basic architecture. In particular, it utilizes “smart contracts” that enforce the performance of a given transaction, compel parties not to renege on their agreements, and contain mechanisms for refunds should one party violate the agreement.
The smart contract platform claims to be able to execute millions of transactions per second while also eliminating transaction fees. EOS provides secure access and authentication, permissions, data hosting, use control, and dApp-to-Internet connectivity. Although EOS has considerable promise, Ethereum is its major rival and is now more popular.
Barring Shiba Inu and dollar-pegged stablecoins, seven out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST. Solana, XRP, Cardano and Polkadot tanked 8-10 per cent each, whereas Shiba Inu soared 74%.