Mga kababayan narito na ang isa sa pinaka advance na news and maybe future system ng bansa regarding sa coinless society sa taong 2025.

Ayon sa bangko central para daw ito maiwasan ang hawaan ng virus at mapadali ang transaction. Hnd na raw gagamitin ang barya.

Source from reliable GMA news which you can search nalang po sa youtube.

Ano sa palagay mo ang maganda at pangit na effect nito sa crypto at sa bansa?

It will really happen. Not now, but definitely ito talaga ay mangyayare.

That investor just want to reap a good harvest during the peak. Lucky for him he had those coins and maybe he is planning to buy back when the price goes down again. Those transaction can sometimes trigger fear to some new traders because of the quantity but yeah that is how crypto works.

They really have faith on bitcoin. It takes confident and faith to do that. They are really risk taker. And at the end they get what they believe.

One eth is now worth pretty much one ounce of gold for the first time, with ethereum just about at or above gold’s price.
Eth rose to as much as $1,877, with it trading for some time at $1,820 as the volatile currency oscillates.
An ounce of gold reached as much as $2,077 in August 2020, but now trades at $1,820.
Ethereum is very far from gold’s market cap which is estimated by some to be at around $20 trillion, with eth’s market cap currently at $200 billion.
It’s overtaking of gold’s price however is interesting because that’s what bitcoin did in 2017 ahead of its major bull run.
So giving some credence to the theory that ethereum is following bitcoin’s trajectory just one cycle behind.
Source url

Well it is not really surprising. Ethereum will really tap the price as gold. But of course gold will continue to increase in price and it will sustain unlike Ethereum, it will surpass the price of gold at one time and can decline because of volatility.

Whale who sold Bitcoin before 2020 crash cashed out $156M before this week's 20% dip
A serial seller with a lot of BTC to their name chose to divest themselves of a large chunk of Bitcoin just before Monday's crash to $47,400.

Whale who sold Bitcoin before 2020 crash cashed out $156M before this week's 20% dipMARKETS NEWS
Bitcoin (BTC) lost 20% in a day, partly thanks to the actions of a single whale, new research suggests.

Data from on-chain analytics firm Santiment on Feb. 23 shows that BTC/USD dipped to $47,400 after Bitcoin’s second-largest transaction of 2021 took place.

Ghost of Bitcoin Sell-offs Past returns
The transaction — 2,700 BTC, worth $156.6 million at $58,000 per token — resulted in a sale that piled pressure on the market, thus snowballing into the largest one-hour candle in Bitcoin’s history.

“As we noted yesterday, there was an 11x exchange inflow spike that initiated #Bitcoin's price correction from its $58.3k,” Santiment wrote in accompanying comments on Twitter.

“Further data combing revealed that an address was responsible for the 2nd largest $BTC transaction of the year, an import of 2,700 tokens to the wallet before a quick sell-off.”

Import chart for suspect whale sell-off address. Source: Santiment/ Twitter
The findings shed light on what exactly was happening as volatility took over Bitcoin, which managed to recover to $54,000 before trading below $50,000 once more at the time of writing.

Some believe that the market was overextended, with naysayers, in particular, claiming that a bubble-like process had long been underway. Others argued that it was simply “business as usual” for crypto trading. But as Cointelegraph reported, concerns had mounted about unusual inflows to exchanges.

Santiment noted that the same address had also sold immediately before the cross-asset price crash in March 2020. At the time, Bitcoin lost almost 60% of its value and hit $3,600.

“This same address also made a 2,000 $BTC import last March right as the Black Thursday correction took place,” it revealed.

“In total, it's made 73 transactions in its one-year existence, for a total of 91,935 $BTC imported, with all tokens moving away within minutes after arrival.”
Whales in the spotlight
Suspicions had long been eyeing whales, who had profited from small wallets selling during previous price dips throughout Bitcoin’s recent bull run. As Cointelegraph reported, the number of whale-sized wallets had been growing, while smallholders had been decreasing.


Bitcoin whale addresses vs. BTC/USD chart. Source: Dovey Wan/Twitter
“The most interesting side by side tells you how Bitcoin investor profile progress — ‘whales’ diminished as price elevated in the last cycle; new group of whales just keep popping up this time, while shrimps are the weak hands who sold too early,” Primitive founding partner Dovey Wan tweeted last week alongside a chart comparing the 2017 and 2021 bull runs.

“THE GREAT WEALTH TRANSFER,” she added.

Some responses to the research meanwhile noted that the wallet in question had been responsible for a fraction of total trading volume and that its influence should therefore be limited.

"We don't believe that one address alone triggers the price retracement of the largest crypto asset in the world, so we certainly wouldn't want you to believe it either," Santiment replied.

Source: https://cointelegraph.com/news/whale-who-sold-bitcoin-before-2020-crash-cashed-out-156m-before-this-week-s-20-dip

India’s Warren Buffet says Bitcoin hangover will be worse than the party
The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors.

India’s Warren Buffet says Bitcoin hangover will be worse than the party NEWS
The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse than the party itself.

Jhunjhunwala, speaking on CNBC’s Street Signs Asia segment on Feb. 23, said the Bitcoin party was one he’d rather not attend:

“I think it’s speculation of the highest order. I don’t want to join every party in town. I think the hangover is much worse.”
The headache from that hangover was felt to some extent on Tuesday, as almost $400 billion departed the global cryptocurrency market cap. Bitcoin lost close to 20% of its value in hours, while much of the altcoin market suffered losses in excess of 30%.

Whether that means the bullish Bitcoin party is over for now, or if investors will return for a hair of the dog that bit them, remains to be seen.

Either way, Jhunjhunwala is eager to see Indian regulators rubber-stamp their ban on Bitcoin and other cryptocurrencies, and believes the nation should focus on building its own CBDC — the digital rupee.

“I think regulators should step in and ban Bitcoin, and they should focus on the digital rupee,” said Jhunjhunwala.

In mid-February, news broke regarding the Indian government’s impending blanket ban on all cryptocurrencies, with holders expected to be given a three-to-six-month grace period in which to cash out their crypto funds.

Not everyone is as eager as Jhunjhunwala to see cryptocurrency banned in India. Former chief technology officer of Coinbase, Balaji Srinivasan, voiced his own concerns about the ban, declaring that such a move would be akin to banning the internet.

Other nations have already moved to ban the spread of cryptocurrencies. The Nigerian central bank recently issued a directive to all commercial banks ordering them to cease doing business with cryptocurrency exchanges. That’s despite, or perhaps because of the fact that Nigeria is one of the busiest centers on earth for Bitcoin usage — so much so that Nigerian officials labeled it a threat to their own national currency.

Source: https://cointelegraph.com/news/india-s-warren-buffet-says-bitcoin-hangover-will-be-worse-than-the-party

For the sake of answering the question, investing in start ups is high risk-high reward. Take it if you're okay to lose.

It is really true. Investing is high risk and reward. Make sure to face the consequences of your own decisions.

Bitcoin price gained bullish momentum above $50K and traded to a new all-time high at $57,500 against the US Dollar. BTC remains supported and it is likely eyeing a test of $60,000.

Bitcoin climbed above the $50,000 resistance and traded to a new all-time high near USD 57,500.
The price is trading nicely above the $55,000 level and the 100 simple moving average (4-hours).
There is a key bullish trend line forming with support near $54,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is showing a lot of positive signs and the bulls seems to eyeing a test of $60,000.
Bitcoin Price is Gaining Traction
This past week, bitcoin price extended its rise above the key $50,000 resistance zone against the US Dollar. The BTC/USD pair even broke the $55,000 level and settled well above the 100 simple moving average (4-hours).

It traded to a new all-time high near $57,500 and recently started a downside correction. There was a sharp dip below the $56,000 and $55,000 levels. The price broke the 23.6% Fib retracement level of the upward move from the $50,634 swing low to $57,500 high.

However, the bulls were active near the $54,000 support level. The 50% Fib retracement level of the upward move from the $50,634 swing low to $57,500 high also acted as a decent support.

Bitcoin Price

There is also a key bullish trend line forming with support near $54,000 on the 4-hours chart of the BTC/USD pair. The pair is also recovering and trading nicely above $55,000. An initial resistance is near the $57,000 level. The first major resistance is near the $57,500 high.


A clear break above the $57,500 resistance is likely to open the doors for more upsides. The next major resistance for the bulls sits at $60,000.

Dips Supported in BTC?
If bitcoin struggles to clear the $57,500 resistance level, there are chances of a downside correction. The first major support is near the trend line and $54,000.

The next major support is near the $52,500 level (a multi-touch zone). If there is a clear break and close below the $52,500 support, the price could decline towards the $50,000 level in the near term.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-price-rally-could-extend-to-60k/

Law Decoded: Bringing blockchain into securities markets, Feb. 12–19
But security tokens are not ready to take over the world quite yet.

Law Decoded: Bringing blockchain into securities markets, Feb. 12–19NEWSLETTER
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.

Editor's note
Technology is by and large not the major barrier — though many in the industry have a decent bit of hubris about it. More important is that people, whenever their money is on the line, get mighty conservative. Which is not necessarily greedy or unreasonable, but it is why it was easier for lawmakers to greenlight email than electronic signatures.

Conservatism surrounding money also means that old systems have to fail in a pretty conspicuous fashion for anyone to seriously talk about reforming or even discarding them. Think about how grotesque the subprime mortgage bubble of 2008 looked as regulators and news outlets dug through its wreckage in subsequent years: That’s what it took for Dodd-Frank to pass into law.

The whole Robinhood turbulence at the end of last month is not in the same league. But any casual observer, uncontaminated by the MBA jargon that exists to justify such shenanigans, can look at the events surrounding GME trading and know that these markets are not as free as we might imagine. And maybe it’s for that reason that we’ve spent so much time talking about it, because it’s an intro to standing problems in securities trading that is interesting enough to teach a whole generation of casual observers what short-selling is.

The thing is, the stock market is not going anywhere. But everyone sees in this eye-catching crisis an occasion to petition for what they want. For the blockchain community, it’s been an opportunity to consider how you can disintermediate securities trading or even facilitate same-day settlement of trades — securities tokens in other words. Others have, however, used it as an opportunity to disown classic securities altogether. But, more low-profile than the Robinhood affair, this week has seen a number of developments that bring crypto into securities markets and securities markets onto blockchains.

Source: https://cointelegraph.com/news/law-decoded-bringing-blockchain-into-securities-markets-feb-12-19