Crypto News

The German government has 15.5k Bitcoins left on their balance, which is 31% of their initial position. So, sooner or later, this circus will come to an end, allowing us to move forward with market growth without these disruptions. Alas, there is still Mt. Gox left as a pressing issue for the market to thrive. ⏺Crypto_Whales🚀

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Adversarial Relationship Between Fiat Money and Crypto Fiat money, created and controlled by governments, stands in stark contrast to cryptocurrency. While crypto operates in a decentralized and transparent manner, fiat money relies on central authorities and holds no intrinsic value. Historically, central manipulation of currency has often led to devaluation and collapse.The abandonment of the gold standard in 1971 marked the beginning of the fiat money era. Cryptocurrency, particularly Bitcoin, emerged as a solution to the limitations and risks of fiat money. Decentralized and fixed in supply, crypto challenges the notion that money must be controlled by governments. This adversarial relationship urges us to rethink our understanding of money and its value. As we explore the future of money, crypto presents an alternative that emphasizes decentralization, transparency, and community governance. Imagine a world where transactions are secure, censorship-resistant, and free from intermediaries. This is the promise of crypto, making fiat money its natural adversary. Understanding the fundamental differences between fiat and crypto is essential as we navigate this financial evolution. Will crypto be the next iteration of money? Only time will tell, but the conversation is just beginning. ⏺Crypto_News🚀

Solana rate has the potential to hit $1300 if asset-based spot ETFs are launched - GSR Analysts of the company GSR stated that Solana can overcome the bar at $1300 in case of approval of spot ETFs based on the asset. Such a development is possible in a bullish scenario, the market maker's representatives believe. ⏺Crypto_News🚀

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