Ethereum News by Thebittimes.Com

El Salvador’s President Nayib Bukele made a $133,000 Bitcoin donation. The money will help build 1,000 schools in Honduras, one of the biggest cryptocurrency education projects in Central America. JUST IN: El Salvador President Nayib Bukele donated 2 #Bitcoin worth $133k to help raise money to build 1,000 schools in Honduras pic.twitter.com/PbGyE7gWaA — Bitcoin Magazine (@BitcoinMagazine) October 23, 2024 Also Read: Multipolar Currency Era Looms As Russia, China Challenge The US Dollar How Nayib Bukele’s Bitcoin Donation is Transforming Education in Honduras Presidential Support for Educational Development President Bukele sent 2 BTC to Shin Fujiyama, who started Students Helping Honduras. Fujiyama is running 3,000 kilometers to raise money for schools. “He watched videos of President Bukele to gather the courage and the inspiration to just do it,” Hilbert said about Fujiyama’s motivation. This Bitcoin donation will go straight to building schools ...

Chainlink (LINK) creator Sergey Nazarov says a major milestone has been reached in its partnership with payments giant SWIFT. In a new speech at the Sibos 2024 conference in Beijing, Nazarov says that Chainlink has developed a system that connects the traditional finance (TradFi) world with blockchain functions. “Over many years now we’ve been collaborating with SWIFT to bring you the ability to use SWIFT messages and SWIFT standards in order to efficiently interact with blockchains with minimal additional investment by your institutions. I’m very happy to say that this diagram (below) that we presented in the second pilot with SWIFT last year has now become a reality. So now we are in pre-production stage where we can start offering you something that you can actually start using with your existing institutional systems.” Source: Chainlink/YouTube Nazarov says that under the new system, the initial stages of a transaction will occur over...

The price action that XRP (XRP) has experienced over the course of 2024 has been quite erratic and volatile.  At press time, the token is trading at $0.52607, having shed 14.26% in value since the beginning of the year. XRP price YTD chart. Source: Finbold There are several major factors that have dominated XRP’s price action since January.  Picks for you Bernstein analyst sets Apple (AAPL) stock price ahead of Q4 earnings 45 mins ago Millionaire jumps in 'crazy buying' memecoins with over $5 million 1 hour ago One Ethereum rival to turn $100 into $1,000 in 2025 17 hours ago ...

The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations. “Introducing the Avalanche Card! Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted. Enjoy both physical and virtual cards, 24/7 dedicated support, and seamless transactions through popular apps. “ According to the firm, the Visa card, which will be available in physical and digital formats, will support Wrapped AVAX (WAVAX), Circle’s USD-pegged stablecoin USDC, and BENQI Liquid Staked AVAX (sAVAX), among others. The card will be linked to a unique user wallet address that each user maintains custody over, all while offering Visa customer support and promising security through self-custody. The card has already hit the ground in Latin America and the Caribbea...

Bitcoin’s (BTC) path toward $70,000 has seemingly stalled, with analysts identifying conditions the digital asset must meet or risk witnessing dominance by bears. The asset is undergoing a short-term correction and faces a crucial technical test as it trades close to a major resistance zone formed by its all-time high trendline following a period of volatility and consolidation, according to an Analysis by TrendSpider on October 22. Bitcoin price analysis chart. Source: TrendSpider The analysts agreed that Bitcoin’s path from the current levels is straightforward, where the asset must convert this long-standing resistance zone of $70,000 into a support level. Picks for you Cardano (ADA) Cup and Handle pattern forming; Rally imminent? 59 mins ago ...

The Klaus price surged 9% in the last 24 hours to trade at $0.04167 as of 3.10 a.m. EST on trading volume that dropped 16% to $3.86 million. The young token also skyrocketed 613% in the past week, going from $0.006499 to its current price. Previously, the new meme coin managed hit $0.0519, which is its current ATH. $KLAUS is riding the candle! Ditch the dollar and join the Klub pic.twitter.com/BCS9rDzGGz — Klaus (@KlausOnEth) October 20, 2024 The project reached this price about four days ago, but the resistance at $0.050 is standing in the way. In fact, this level prevented KLAUS from going further three times in the past seven days, but the token is still trying to breach it, typically trading quite close to it. Klaus also noted on X that it recently hit 5,000 holders amid hype around an “Uptober” bull run. The resistance reaches new heights. 5,000 $KLAUS hodlers! pic.twitter.com/dQcQG12VwC — Klaus (@KlausOnEth) October 20, 2024 Klaus Price Predicti...

Traditionally, cloud technology requires powerful computing power and specialized hardware, and early miners faced daunting challenges: expensive electricity bills, traditional hardware intensive, investing a lot of resources to acquire technical tools and deal with intricate settings. However, the new technology of CryptoKeying cloud mining has changed this situation, providing a more convenient and simple way for those who participate in mining operations.  CryptoKeying provides alternative solutions that do not require hardware and technical expertise. Therefore, these are an attractive option for beginners and experienced users who are looking to optimize returns and reduce complexity. CryptoKeyin is a leading global cloud mining platform with a clear mission: to provide you with the tools and services you need to succeed in the digital asset field. And provide contracts to achieve maximum hashrate computing power, bringing you a profitable crypto journey. Advantages of C...