Daily digest for Start living with Crypto!, on May 1, 2023

posted: "Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there's two main reasons to be optimistic. " Start living with Crypto! 2 reasons why Bitcoin Ordinals are 'positive' for the BTC: Grayscale May 1 Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there's two main reasons to be optimistic. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/2-reasons-why-bitcoin-ordinals-are-positive-for-the-btc-grayscale/

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posted: "Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed "is criminal," he warned that its actions "will bring down" the United States. Robert Kiyosaki Says " Start living with Crypto! Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed 'Criminal' May 1 Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed "is criminal," he warned that its actions "will bring down" the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert Kiyosaki, warned in a series of tweets this week that the Fed is wiping out regional banks by supporting only the big banks, such as JPMorgan Chase. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Wednesday: "WTF. What The Fed? Why is Fed destroying regional banks across America? Regional banks are [the] heart and soul of [the] economy. Fed via the Repo Market [is] killing regional banks. Is this intentional? Is a depression intentional? WTF is Fed up to? Get $ out of regionals." The renowned author followed up with a tweet Thursday, stating that even online retail giant Amazon is affected by the Fed's actions. "Without credit flowing, Amazon is cutting 18,000 jobs," he stressed, adding: The ripple effect from WTFed will bring down USA … WTFed wiping out regional banks. In a separate tweet, Kiyosaki cautioned that by supporting only the big banks, such as JPMorgan Chase, the Fed is wiping out regional banks. Calling the Fed's action "Cruel," Kiyosaki reiterated his previous statement that regional banks are the heart and soul of America. Calling the Fed "criminal," he then urged his 2.4 million Twitter followers to support small banks and small businesses. On Friday, Kiyosaki warned in another tweet about President Joe Biden's central bank digital currency (CBDC) and went on to recommend his customary choices of investing in additional gold, silver, and bitcoin. He wrote: In his book 1984, George Orwell warned 'Big Brother is watching.' Biden's CBDC is 'Big Brother.' Buy more gold, silver, and bitcoin. In a recent episode of his Rich Dad Show, Kiyosaki discussed economic chaos, war breaking out, and rising starvation. Earlier this month, he said, "America is dying," warning about hyperinflation and the death of the U.S. dollar. Do you think the Fed is criminal like Rich Dad Poor Dad author Robert Kiyosaki said? Do you think regional banks are being wiped out? Let us know in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/robert-kiyosaki-says-regional-banks-are-being-wiped-out-calls-fed-criminal/

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posted: "The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. "By linking its economy a" Start living with Crypto! Russian Official Expects Agreement on BRICS Currency This Year May 1 The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. "By linking its economy and currency to politics, the U.S. is practically undermining the foundations of its dominance," said the Russian official. Agreement on BRICS Currency Could Be Reached in 2023, Says Russian Official Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, discussed BRICS currency and the de-dollarization trend on Wednesday at the press center of Parliamentary Newspaper, the publication of the Federal Assembly of the Russian Federation. Aksakov expects the share of the U.S. dollar in international trade to decline, noting that Americans continuing to destroy the value of the dollar with their own hands shows the whole world that the USD is being used for political purposes. He said: By linking its economy and currency to politics, the U.S. is practically undermining the foundations of its dominance. I am sure that the share of the dollar in world trade will steadily decline. The Russian official added that now there is a search for some kind of collective currencies, emphasizing that a discussion on this topic is already on the agenda of the BRICS countries (Brazil, Russia, India, China, and South Africa). Aksakov further stated that while the negotiations are at an early stage, an agreement can be reached in 2023. The BRICS nations have been ramping up their de-dollarization efforts and are currently working to create a common currency that will reduce their reliance on the U.S. dollar. State Duma Deputy Chairman Alexander Babakov said last month that BRICS currency is expected to be discussed at the next leaders' summit in August. The economic bloc is also pushing to expand its global influence. A Russian official said this week that Russia is actively discussing BRICS expansion with member countries. So far, 19 nations have either applied to join the group or have expressed interest to join. However, multiple people have warned that a BRICS currency will erode the U.S. dollar's dominance. Do you think the BRICS currency will undermine the U.S. dollar's dominance? Let us know in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/russian-official-expects-agreement-on-brics-currency-this-year/

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posted: "Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE's market capitalization has surged from" Start living with Crypto! Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap Apr 30 Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE's market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% in 24 Hours, Now Fifth-Largest Meme Token by Market Cap On April 30, 2023, the top meme coin crypto assets by market capitalization are worth $19.11 billion. Over the past 24 hours, the valuation of all meme tokens has risen 1.6%. However, only two out of the top five meme coins by market capitalization have seen gains. The newly launched cryptocurrency, pepe (PEPE), is leading the pack with triple-digit gains. Data collected from coingecko.com shows that over the last seven days, PEPE has risen 152.9%, with most of the gains coming from the last 24 hours as the token jumped 99% higher on Sunday. PEPEUSDT chart by TradingView Bitcoin.com News reported on PEPE and several other meme coin assets eight days ago. At that time, PEPE was the sixth-largest meme token asset by overall valuation. Today, PEPE is the fifth-largest, and the market capitalization recorded on April 22 of $141 million has risen to more than $303 million. On April 30, PEPE had $149.63 million in global trade volume, hovering just below cardano's (ADA) daily volume on Sunday. The meme token is down 10% lower than its all-time high recorded on Sunday at $0.000000813847 per unit. PEPE is also 1,217% higher than the all-time low of $0.000000055142 per unit recorded on April 18, 2023, or roughly two weeks ago. There are 420.69 trillion PEPE coins in circulation today. According to coincarp.com statistics, there are 55,024 PEPE holders today. The top ten wallets hold 20.64% of the entire supply, and the top 100 PEPE holders control 43.82% of the current supply. While PEPE is hosted on centralized exchanges, the coin's trading activity is mostly on the decentralized exchange (dex) Uniswap (v2). The market value of the meme coin economy has undergone significant fluctuations in recent months, with dogecoin (DOGE) and shiba inu (SHIB) experiencing ups and downs. Meme coin assets have garnered increasing demand from investors and speculation in the cryptocurrency market since their significant rise in value since 2020. The meme coin economy is well-known for its volatility, but DOGE and SHIB have remained at the forefront of the meme coin market for the last two years. While the market value of these meme coins may fluctuate, their impact on the broader crypto economy has not been ignored. What do you think about the recent surge of PEPE the meme coin and its impact on the overall meme coin market this week? Share your thoughts and predictions in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/meme-coin-pepe-surges-by-152-this-week-now-the-fifth-largest-meme-token-by-market-cap/

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posted: "Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 millio" Start living with Crypto! NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023 Apr 30 Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, Bored Ape Yacht Club Leads in Collections NFT sales surpassed $1 billion in both January and February 2023; however, sales figures declined in March and April. According to cryptoslam.io's latest NFT sales data for April, the sales stood at $732.13 million, which is 5.76% lower than the previous month. Out of this amount, Ethereum-based NFT sales dominated the market, accounting for $485 million in trades. However, Ethereum NFT sales declined by 19% in April compared to March figures. Meanwhile, Solana-based NFT sales recorded $88.16 million, down 6.78% from last month. The top five blockchains with the most NFT sales in April, following Ethereum and Solana, were Polygon, Immutable X, and BNB Chain, as per the latest data. During the month of April, Polygon witnessed a surge in sales by 22.75%. Meanwhile, Arbitrum, the sixth-largest blockchain in terms of NFT sales, saw sales spike by 78.35%, amounting to $10.29 million. In terms of NFT collections, Bored Ape Yacht Club (BAYC) emerged as the leader with $45.10 million in sales. Azuki NFTs secured the second spot with $21.91 million in sales over the past month. Nakamigos, Mutant Ape Yacht Club, and Mad Lads followed BAYC and Azuki in terms of NFT sales. Sandbox's Land #21,221 emerged as the top-selling NFT in the past month, with a sale price of $1.256 million, approximately 20 days ago. The second most expensive NFT sale in April was Maverick Position #386, which fetched $1.05 million, 16 days ago. Azuki #3,628 secured the third spot on the list, selling for $626K, 18 days ago, followed by Azuki #5172, which was acquired for $458K. The fifth most expensive NFT sale in April was CryptoPunk #3,990, which sold for $444K, 24 days ago. As of Sunday, April 30, 2023, nftpricefloor.com reports that the collection with the highest floor value is Cryptopunks, currently standing at around 49.99 ether. Just below Cryptopunks is Bored Ape Yacht Club (BAYC), with a floor of around 48.69 ether. The floor values of the top collections following Cryptopunks and BAYC include Mutant Ape Yacht Club, Azuki, and Otherdeed. What do you think the future holds for the NFT market, and how do you think the decline in sales figures in March and April will impact the industry going forward? Share your thoughts about this subject in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/nft-sales-drop-for-second-consecutive-month-after-record-breaking-start-to-2023/

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posted: "After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predic" Start living with Crypto! US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023 Apr 30 After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May 2-3 Federal Open Market Committee (FOMC) meeting. While economists are anticipating a rate hike in May, they anticipate that it will be the final one in 2023. The majority of polled economists believe that the Fed will maintain the rate at 5.25% for the remainder of the year. Report Says Next Phase of the Tightening Cycle Is Holding Benchmark Rate at Current Levels Several reports and surveys indicate that market observers believe the U.S. central bank will increase the benchmark interest rate by 25bps at the FOMC meeting this week. The FOMC meeting is scheduled to take place on May 2-3 and according to the CME Group Fedwatch tool, 83.9% suspect a 25bps rate hike will come to fruition. On the other hand, the Fedwatch tool shows 16.1% predicts no rate hike for the upcoming May meeting. The most recent predictions ahead of the next FOMC meeting are similar to the forecasts economists gave at the beginning of April 2023. Additionally, Bloomberg reported on April 29, that economists the publication talked to also believe a 25bps rise is in the cards. Bloomberg's economics report states: Signs point to the FOMC raising rates by 25 basis points to 5.25% in the May 3 decision — despite ongoing turmoil in the banking system — and signaling that this will be the last hike for a while. The next phase of the tightening cycle will be to hold rates at that elevated level, while watching to see if inflation trends down. Survey Shows 90% of Economists Suspect a 25bps Rise in May, BOFA Analyst Says Additional Hikes Beyond May Uncertain According to a survey from Reuters, a vast majority (90%) of 105 economists polled suspect a 25bps hike. Additionally, 59 of those economists believe that the federal funds rate will remain unchanged for the rest of the year following the predicted May hike, while 26 participants are forecasting a rate cut. Furthermore, most of the economists surveyed by Reuters do not anticipate the inflation rate in the U.S. to reach the Fed's 2% target until 2025. The economists also noted that there's still a risk of inflation rates spiking again this year. Michael Gapen, the chief U.S. economist at Bank of America (BOFA) Securities, commented that a whole lot remains to be accomplished before the 2% goal can come to a realization. Gapen also added that it is uncertain whether or not the Fed will hike the benchmark rate after May. "On the data front, despite the slowdown in inflation in March, there is still a lot more work to be done to get back to the 2% target," Gapen said. "We maintain the first rate cut in March 2024. Should the stresses in the financial system be reduced in short order, we cannot rule out that stronger macro data will lead the Fed to put in additional hikes beyond May," the BOFA executive added. What do you think the impact of the expected rate hike by the U.S. Federal Reserve will have on the economy? Share your thoughts in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/us-central-bank-expected-to-raise-lending-rate-by-25bps-experts-predict-final-hike-of-2023/

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posted: "If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own." Start living with Crypto! Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days Apr 30 If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/just-bitcoin-or-diversify-5-cryptocurrencies-to-watch-in-the-next-few-days/

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posted: "Just over two weeks have passed since Ethereum's Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into li" Start living with Crypto! Ethereum's Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade Apr 30 Just over two weeks have passed since Ethereum's Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has been added to 17 liquid staking platforms. Ethereum Liquid Staking Platforms Continue to Swell As of today, April 30, 2023, the total value locked into liquid staking protocols such as Lido Finance, Coinbase's Wrapped Staked Ether, Rocket Pool, Frax, Stakewise, Stakehound, Ankr, Ether.fi, and Bitfrost is just over $16 billion. According to 30-day statistics, six out of the top ten protocols, ranked by value locked, have experienced gains over the past month, with four of them showing double-digit growth. At present, Lido dominates the $16 billion market, holding 73.6% or 6,206,101 of the 8,431,605 ethereum locked in liquid staking protocols. Data shows that just after the Shapella upgrade, 400,735 ethereum worth $763,600,542 using today's ether exchange rates has been added to the liquid staking cache. Lido's 30-day metrics show an increase of 5.50% while Coinbase's liquid staking platform saw a loss of 0.64% over the last month. Rocket Pool's total value locked (TVL) jumped 29.24% in 30 days while Frax's TVL rose by 31.65%. Like Lido, Stakewise, the fifth-largest liquid staking protocol saw a modest 30-day increase rising 1.23% higher. Recent data reveals that following the Shapella upgrade, a notable 400,735 ethereum, totaling $763.6 million in value, has been added to the liquid staking cache. While Lido's 30-day metrics depict an increase of 5.50%, Coinbase's liquid staking platform suffered a loss of 0.64% over the past month. In the same period, Rocket Pool experienced a substantial 29.24% jump in total value locked (TVL), while Frax's TVL rose by 31.65%. Similar to Lido's small rise, Stakewise, the fifth-largest liquid staking protocol, witnessed a modest 1.23% increase over the past 30 days. Binance has thrown its hat in the ring, entering the fray with a newly launched liquid staking product, now standing as the tenth largest platform under Bitfrost. As of now, the protocol's total value locked (TVL) is approximately $38.69 million, with 20,305 ether staked into the application. Liquid staking protocols have gained significant traction in recent months providing users with the convenience of earning passive staking rewards while still retaining control of their assets. The addition of 400,000 ether to the liquid staking TVL within just two weeks of the Shapella upgrade underscores the growing interest and attention this sector is receiving. How do you think liquid staking protocols will impact the overall cryptocurrency market and the future of staking? Share your thoughts about this subject in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/ethereums-liquid-staking-protocols-attract-400000-ether-after-shapella-upgrade/

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posted: "New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive. " Start living with Crypto! Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023 Apr 30 New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/mineflation-cost-to-mine-one-bitcoin-in-the-us-rises-from-5k-to-17k-in-2023/

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posted: "Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto's last known emails, predictions of massive declines in Americans' standard of living, and important developments at the struggling First " Start living with Crypto! Satoshi's Last Emails: 'Make It About the Open-Source Project,' Economist Predicts 'Catastrophic' Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review Apr 30 Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto's last known emails, predictions of massive declines in Americans' standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. The Elusive Satoshi Nakamoto: Last Emails Reveal Bitcoin Creator's Thoughts Before Disappearing Over a Decade Ago Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had "moved on to other things" and confidently asserted that the project was entrusted in "good hands." Read More Economist Warns of 'Catastrophic' Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization Economist Peter St Onge has warned that U.S. dollar weaponization will lead to "soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage." Commenting on the economist's warnings, Tesla and Twitter CEO Elon Musk weighed in on de-dollarization. Read More US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30% In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its shares to dive-bomb by over 50% on Tuesday. Read More Gold Bug Peter Schiff Warns 'Death Blow' Coming for US Dollar — USD to Lose Reserve Currency Status Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. "People are still reluctant to call it a financial crisis, but that's exactly what it is, except it's bigger in scale and it's going to be far more impactful than the 2008 crisis," Schiff stressed. Read More What are your thoughts on this week's hottest stories from Bitcoin.com News? Be sure to let us know in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/satoshis-last-emails-make-it-about-the-open-source-project-economist-predicts-catastrophic-fall-in-us-living-standard-frc-shares-plummet-and-more/

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posted: "The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for "investment purposes with a vesting period of 180 days." The RBZ also reveale" Start living with Crypto! Zimbabwe's De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May Apr 30 The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for "investment purposes with a vesting period of 180 days." The RBZ also revealed that the gold-backed digital tokens "would be used both as a means of payment and a store of value." Gold-Backed Tokens Additional Value-Preserving Instruments According to the Zimbabwean central bank, it plans to start issuing the recently mooted gold-backed digital currency on May 8. The digital currency, which will be backed by the gold held at the Reserve Bank of Zimbabwe (RBZ), is expected to complement the physical gold coins that went into circulation in July 2022. The announcement of the digital currency's issuance date came just a few days after the central bank governor, John Mangudya, was quoted revealing the RBZ's intention to fight local currency depreciation with gold-backed digital currency. Also, as reported by Bitcoin.com News, Zimbabwe's central bank hopes to curb the local demand for the greenback with the soon-to-be-launched digital currency. However, in a statement issued on April 28, the RBZ governor revealed that the issuance of the gold-backed digital tokens "is meant to expand the value-preserving instruments available in the economy." The gold-backed tokens are also intended to "enhance divisibility of the investment instruments and widen their access and usage by the public." Gold-Backed Digital Currency as a Store of Value As per the statement, the issuance of the digital currency will be split into two phases. The first phase will see the digital tokens being issued for "investment purposes with a vesting period of 180 days." According to the RBZ, the gold-backed tokens will be redeemed in the same way as physical gold coins are redeemed. Prospective buyers can acquire digital tokens using local or foreign currency, the statement added. The RBZ also suggested that current holders of the Mosi-oa-Tunya gold coins will be able to acquire the digital coins using the local banking system. Under the second phase, residents with digital tokens held in e-wallets or cards will be able to use such funds to settle transactions. "The gold-backed digital tokens held in either e-gold wallets or e-gold cards will be tradable and capable of facilitating Person-to-Person (P2P) and Person-to-Business (P2B) transactions and settlements. It, therefore, means that the gold-backed digital tokens would be used both as a means of payment and a store of value," the RBZ said in the statement. Meanwhile, Fadzayi Mahere, the spokesperson of Zimbabwe's main opposition party, warned in a tweet that the RBZ's gold-backed digital currency initiative could be illegal. Register your email here to get a weekly update on African news sent to your inbox: What are your thoughts on this story? Let us know what you think in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/zimbabwes-de-dollarization-central-bank-to-issue-gold-backed-digital-currency-in-early-may/

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posted: "Bitcoin approaches the end of April barely moving as BTC price offers little short-term clues on trajectory." Start living with Crypto! 'Good luck bears' — Bitcoin traders closely watch April close with BTC price at $29K Apr 30 Bitcoin approaches the end of April barely moving as BTC price offers little short-term clues on trajectory. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/good-luck-bears-bitcoin-traders-closely-watch-april-close-with-btc-price-at-29k/

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posted: "United States Senator Ted Cruz has said he remains "incredibly bullish on bitcoin" which he described as the "alpha in the crypto sphere." According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an "" Start living with Crypto! US Senator Ted Cruz: 'I Like BTC for the Same Reason the Chinese Communist Govt Doesn't Like BTC' Apr 30 United States Senator Ted Cruz has said he remains "incredibly bullish on bitcoin" which he described as the "alpha in the crypto sphere." According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an "important check" against government spending. Bitcoin Is Still the 'Most Dominant' United States Senator Ted Cruz has said he is "incredibly bullish on bitcoin" and he still believes the "insight that led to its creation is still extraordinary." In his remarks at an event organized by the Bitcoin Policy Institute, Cruz insisted bitcoin is the "alpha in the crypto sphere" because it came first and "is the most dominant one." The remarks by Cruz, a Republican from Texas, came at a time when the Biden administration has upped the ante in its fight against the crypto industry. As has been reported by Bitcoin.com News since the start of 2023, U.S. officials and agencies have targeted crypto entities as part of the so-called Operation Chokepoint 2.0. The Securities and Exchange Commission (SEC) charges have ranged from illegally selling securities to American citizens to promoting these without the requisite permissions. "I am incredibly bullish on #Bitcoin." – Senator @TedCruz pic.twitter.com/595jRKSwna — Michael Saylor (@saylor) April 27, 2023 In response to the crackdown which is being spearheaded by the SEC, Republican senators including Cruz have slammed the regulatory body's chairperson Gary Gensler. Others like the pro-crypto U.S. Senator Tom Emmer claimed that Gensler's actions are "pushing innovation into the hands of a communist country." Senator Cynthia Lummis, a BTC advocate and investor, also voiced her displeasure with the SEC's crypto regulation approach. BTC a Hedge Against Inflation Meanwhile, in his address at the Bitcoin Policy Institute event, Cruz explained why he and many others are attracted to bitcoin. "One of the attractions to bitcoin is as a hedge against inflation and particularly when you have irresponsible politicians in Washington that spend money like drunken sailors," Cruz said. Cruz added that the printing of trillions of dollars over the past two years had led to what he described as "significant inflation." According to Cruz, since BTC is less "susceptible to government control" it can therefore act as an "important check" against wasting government spending. The Texas Senator also claimed that he likes BTC for the "same reason that the Chinese Communist government doesn't like bitcoin." What are your thoughts on this story? Let us know what you think in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/us-senator-ted-cruz-i-like-btc-for-the-same-reason-the-chinese-communist-govt-doesnt-like-btc/

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posted: "After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Pay" Start living with Crypto! Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges Apr 30 After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers Can Now Transfer Cryptocurrency to Paypal Users, External Accounts, and Exchanges On April 28, the payments services company Paypal announced that Venmo's 60 million customers can now enjoy cryptocurrency transfers. The rollout follows Paypal's crypto transfer launch last summer after initially introducing the product without the ability to transfer to external accounts. Similarly, up until now, Venmo only allowed its customers to buy, hold, and sell after integrating crypto in 2021. "Crypto transfers will be rolling out to Venmo customers over the coming weeks starting in May 2023," Paypal said on Friday. In a bid to gather more insights into the behavior of its clientele, Paypal conducted a survey of Venmo customers. The findings revealed that a considerable number of individuals are now flocking to Venmo to better manage their cryptocurrency. More than half of Venmo's crypto customers elected to use the firm's crypto services. 74% of Venmo's crypto customers opted to leave their investments in their Venmo accounts. During the first quarter of 2023, almost 50% of Venmo customers who already possessed cryptocurrency balances chose to expand their portfolios by acquiring additional digital assets through Venmo. Paypal issued guidelines detailing the process of transferring crypto, along with a blog post on the topic. The company emphasized that crypto transfers cannot be undone or reversed and urged customers to verify the recipient's details by carefully inspecting the destination address. Moreover, Venmo cardholders can take advantage of incentives that offer cashback in the form of crypto assets and receive price alerts about fluctuations in crypto values. What are your thoughts on Paypal's move to offer cryptocurrency transfer services to Venmo users? Do you believe this will make it easier for more people to invest in digital assets? Share your views in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/paypal-upgrades-crypto-services-to-60-million-venmo-users-allowing-transfers-to-external-wallets-and-exchanges/

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posted: "At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-bloc" Start living with Crypto! Bitcoin Network Hits 75% Progress Towards Next Reward Halving Apr 30 At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block reward from 6.25 bitcoins per block to 3.125 bitcoins per block. Bitcoin Halving Countdown: Fewer Than 52,500 Blocks Left to Discover On Saturday morning (ET), the Bitcoin network progressed 75% of the way toward the next block reward halving, with fewer than 52,500 blocks left to discover until the event occurs. This milestone marks another step in the ongoing evolution of the Bitcoin network as it progresses toward its eventual maximum supply of 21 million bitcoins. The Bitcoin blockchain halves its block reward every 210,000 blocks, which occurs roughly every four years. ▓▓▓▓▓▓▓▓▓▓▓▓░░░ 75% 365 days and 52503 blocks left $29385 per #bitcoin — Progress Until Next Halving (@btc_halving) April 29, 2023 Bitcoin has recorded three halvings so far, with the first taking place on Nov. 28, 2012. Prior to that date, Bitcoin miners received 50 BTC per block discovered, and after the first halving, it was cut to 25 BTC. The second halving occurred on July 9, 2016, cutting the block subsidy down to 12.5 BTC, and the third took place on May 11, 2020, slashing the reward down to the current 6.25 bitcoins per block. We are 75% through this Halving cycle as of block 787,500!#Bitcoin pic.twitter.com/qtGq7L5TgW — Clark Moody (@clarkmoody) April 29, 2023 The 75% progress mark happened at block height 787,500, and at the time of writing, there are 52,465 blocks left to discover until the halving. Bitcoin's halving is expected to occur on or around April 22, 2024, while other estimates vary by a few days. With 6.25 bitcoins per block today, Bitcoin's inflation rate per year is 1.71%, but after the next halving, it is expected to be 0.84%. Statistics show that roughly 900 bitcoins are generated per day, and at the current BTC exchange rate, miners accrue roughly $26,335,800 per day. The next proof-of-work (PoW) blockchain to experience a reward cut will be the Dash network, but the fraction removed is a reduction and not an official halving. The Dash reward reduction will occur in less than 53 days from now. Litecoin (LTC), on the other hand, will experience a reward halving in less than 95 days from now. The LTC network will see its reward halved from 12.5 LTC to 6.25 LTC on or around Aug. 3, 2023. What do you think the impact of the Bitcoin halving will be on the overall cryptocurrency market? Share your thoughts in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/bitcoin-network-hits-75-progress-towards-next-reward-halving/

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posted: "U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. "For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position," said the lawmaker. " Start living with Crypto! US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says 'It's Not an Unfounded Prediction' Apr 30 U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. "For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position," said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator Rand Paul (R-KY) shared his concerns about the growing de-dollarization trend and the USD losing its global reserve currency status in an interview with Fox Business Thursday. He was asked: "Is king dollar going to be tossed off of its throne because of bad fiscal and monetary policies? Is it going to lose its world reserve status in your judgment?" The senator from Kentucky replied: I am concerned about it. "I think our foreign policy has something to do with that … We've pushed all of our adversaries farther and farther away from us and closer and closer together. It's not just Russia and China being pushed together by foreign policy and obviously, some of it is their own doing, and it's a response to things they've done that we don't like," the lawmaker opined. He added: "North Korea is in that basket as well. Iran is in that basket. But now we have some countries, such as Saudi Arabia, also sort of being pushed together into this non-aligned or unaligned coalition that wants to denominate their trades in things other than the dollar. So I think it is coming. And also if you treat your dollar like scrap paper and you continue to buy up enormous amounts of U.S. debt, your dollar becomes worthless too." Senator Paul continued: So, for a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position, and I think it's not an unfounded prediction to say, yeah, we could possibly lose our status as a reserve currency. Paul additionally warned: "We need to be careful of having some sort of zero trade policy because I think that will make the world a worse place." The senator concluded: You are essentially at war with a country when you quit trading with that country. Do you agree with Senator Rand Paul about the dollar losing its status as the world's reserve currency? Let us know in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/us-senator-rand-paul-warns-of-us-dollar-losing-reserve-currency-status-says-its-not-an-unfounded-prediction/

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posted: "Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more." Start living with Crypto! Visa stablecoin plan, debt's ceiling effect on Bitcoin price: Hodler's Digest, April 23-29 Apr 30 Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/visa-stablecoin-plan-debts-ceiling-effect-on-bitcoin-price-hodlers-digest-april-23-29/

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posted: "Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are "on the brink of war" and "are beyond the ability to talk." The billionaire added that their relations "are getting so bad" that U.S.-China trade could collapse. He cautioned " Start living with Crypto! Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse Apr 30 Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are "on the brink of war" and "are beyond the ability to talk." The billionaire added that their relations "are getting so bad" that U.S.-China trade could collapse. He cautioned that the next 18 months "will be a very risky period." U.S. and China on the Brink of War, Says Dalio Ray Dalio, the founder of the world's largest asset manager, Bridgewater Associates, warned in a Linkedin post, published Wednesday, that the U.S. and China are on the brink of war. The billionaire, who has visited China for almost 40 years and has built close friendships there, shared his perspectives from his recent 13-day trips to China, as well as from meetings with Chinese citizens, experts on China residing outside the country, and policymakers in other countries, including the U.S. Regarding U.S.-China relations, Dalio stressed: The United States and China are on the brink of war and are beyond the ability to talk. He noted that the two nations appear to be "close to having a sanctions war and/or military war that neither side wants." Dalio clarified: "I want to emphasize that by saying that they are on the brink, I don't mean to say that they will necessarily go over the brink. I mean to say that they are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways — like Russia's invasion of Ukraine did for Russia and the world, just much bigger." Next 18 Months 'Very Risky' for China and U.S. The Bridgewater Associates founder cautioned that the next 18 months will be very risky for China and the U.S. Noting that "The hawkish political influences in the United States will exert more pressure on the relationship over the next 18 months because of the emergence of the 2024 election season," Dalio opined: That will be a very risky period because China and the U.S. are now already on the brink of war. "The political timetable of the election cycle between now and the 2024 elections in the United States and Taiwan will likely lead to more push-the-limit anti-Chinese brinksmanship from the U.S.," he continued. The billionaire founder of Bridgewater Associates added: U.S.-China relations are getting so bad that there is reason to worry that anti-China sentiment could make doing business with China like doing business with Russia, which would lead U.S.-China trade to collapse. "This would have similarly damaging economic consequences, though many times larger, severely hurting supply chains and trade. That would at a minimum cause severe economic consequences for the U.S., China, and the world and at a maximum could lead to military war," he cautioned. "These conflicts are affecting most countries' and multinational companies' relations and how the world is operating in innumerable ways that are intensifying." Meanwhile, the U.S. Department of Defense revealed this week that it is focused on potential conflict with China. "We have a clear strategy that's focused on China," the deputy secretary of defense told Bloomberg. "Our focus is making sure that the PRC [People's Republic of China] leadership wakes up every day and says, 'Today is not the day to undertake aggression that threatens U.S. interests' … That's our focus today, in 2027, and in 2035 and 2045." What do you think about billionaire Ray Dalio's warning? Do you think the U.S. and China will go to war? Let us know in the comments section below. Unsubscribe to no longer receive posts from Start living with Crypto!. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://paybitcoin.in.th/billionaire-ray-dalio-warns-us-and-china-on-brink-of-war-beyond-ability-to-talk-us-china-trade-could-collapse/

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