helps – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 06 Jul 2025 19:32:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 helps – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Alex Gladstein: Bitcoin Helps Bypass Government Control https://earlybirdsinvest.com/alex-gladstein-bitcoin-helps-bypass-government-control/ https://earlybirdsinvest.com/alex-gladstein-bitcoin-helps-bypass-government-control/#respond Sun, 06 Jul 2025 19:32:31 +0000 https://earlybirdsinvest.com/alex-gladstein-bitcoin-helps-bypass-government-control/

Alex Gladstein, the chief strategy officer at Human Rights Foundation, shared how Bitcoin
BTC


$108,414.36

is helping people push back against authoritarian control.

Speaking at the Bitcoin Policy Summit in Washington, DC, he explained that this digital currency gives individuals a way to protect their money from being frozen, monitored, or devalued by their governments.

According to Gladstein, Bitcoin is especially effective when used without linking personal identity to it. In such cases, he said, it becomes much harder for authorities to track someone’s financial activity.

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He also stated:

If you’re self-custodying your Bitcoin, governments can’t delete or freeze your stuff, and they certainly can’t hyperinflate you.

Gladstein gave an example during Ukraine’s protests against then-president Viktor Yanukovych in 2013. Many protestors suddenly lost access to their bank accounts.

At the time, Bitcoin was still relatively unknown and trading at around $100. The Human Rights Foundation was uncertain about its reliability but decided to try sending Bitcoin directly to those on the ground.

Gladstein said the result was a success since activists received funds even when other systems had failed.

The Human Rights Foundation works to defend civil liberties worldwide, particularly in countries with limited freedoms. Gladstein, who joined the organization in 2007, views Bitcoin as another tool to help people avoid financial control and censorship.

Genius Group recently announced plans to use any future lawsuit winnings to reward investors and purchase more Bitcoin. What did the company say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Remote Bitcoin and Dogecoin Mining: How XY Miners Helps Cryptocurrency Investors https://earlybirdsinvest.com/remote-bitcoin-and-dogecoin-mining-how-xy-miners-helps-cryptocurrency-investors/ https://earlybirdsinvest.com/remote-bitcoin-and-dogecoin-mining-how-xy-miners-helps-cryptocurrency-investors/#respond Fri, 27 Jun 2025 05:08:31 +0000 https://earlybirdsinvest.com/remote-bitcoin-and-dogecoin-mining-how-xy-miners-helps-cryptocurrency-investors/

In the ever-evolving cryptocurrency world, “mining” has long been regarded as a golden ticket to digital wealth.

However, the reality of traditional crypto mining often involves exorbitant hardware costs, deafening noise, shocking electricity bills, and complex technical maintenance.

These hurdles have often kept many aspiring investors from entering the space. But does this mean ordinary people have no chance to board this crypto wealth train?

The advent of cloud mining has shattered these barriers. It not only democratizes cryptocurrency profitability but also offers an easy, efficient, and hands-off investment method.

Leading platforms like XY Miners are at the forefront of this revolution, allowing you to easily participate in the mining of popular cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE) without owning a single mining rig, kicking off your passive income journey.

XY Miners

Powerful Charm of Remote Mining: Goodbye to Hardware & High Electricity Bills

The core advantage of cloud mining is that you do not need to purchase and maintain any professional mining equipment (such as ASIC miners or GPU graphics cards), but instead rent the computing power of large professional mining farms through the Internet. This means that you can immediately enjoy the following core advantages:

  • Zero hardware investment and maintenance: No need to face the expensive cost of purchasing mining machines, let alone worry about equipment depreciation, repairs, and noise.
  • No technical knowledge required: All complex settings, system maintenance, network connections and mining optimization are handled by the professional team of cloud mining providers. You just need to choose a contract and wait for the benefits.
  • Significantly reduce electricity costs: Professional mining farms are usually strategically located in areas with abundant and cheap renewable energy, such as hydropower, wind power and solar power, which greatly reduces operating costs and converts this advantage into higher potential returns.
  • Ultimate convenience: No matter where you are, as long as you have an Internet connection, you can easily participate in mining and manage your digital assets anytime, anywhere.

XY Miners: A Smart Choice to Start Your Cryptocurrency Passive Income Journey

With XY Miners, you will experience:

  • Diverse currency support: In addition to Bitcoin and Dogecoin, XY Miners also supports Ethereum (ETH), Litecoin (LTC) and XRP, SOL, and other mainstream cryptocurrencies for remote mining, helping you easily build a diversified digital asset portfolio.
  • Extremely user-friendly interface: Whether you are a cryptocurrency novice or an experienced player, XY Miners intuitive and easy-to-use platform allows you to easily select mining contracts, monitor computing power in real time, and clearly track daily returns.
  • Adhere to sustainable development: XY Miners is committed to using green and environmentally friendly energy. Its data centers mainly rely on hydropower, wind power and solar power, which not only reduces operating costs, but also reflects its commitment to environmental protection.
  • Transparency and multiple security guarantees: The platform provides real-time monitoring of computing power and accurate daily payments. At the same time, advanced security measures such as hot and cold wallet separation, multi-signature and encrypted communication are adopted to ensure the safety of your digital assets.
  • Flexible investment plans: From short-term gains to long-term passive income, XY Miners offers a variety of customized contract options to meet the preferences of different investment budgets.

How to Get Started with XY Miners: 3 Easy Steps

  1. Register in less than a minute and get a $15 bonus
  2. Choose from flexible plans and on-demand options, with a variety of mining contracts to choose from, no matter your budget
  3. Start mining immediately! With daily income settlement, the system will start working for you immediately. You can withdraw or reinvest at any time, allowing your wealth to grow faster.

XY Mining Contracts

Beyond Market Speculation, Towards Steady Growth

For many crypto investors, simply “hodling” (holding) assets or engaging in short-term trading often exposes them to significant market volatility and emotional challenges. Cloud mining, however, offers a more predictable and consistent earning model.

While cryptocurrency earnings are influenced by factors like coin prices, mining difficulty, and global hash rates, cloud mining, with its low barrier to entry and daily output, adds a steady stream of passive income to your investment portfolio.

In short, it lets you participate in the growth of the cryptocurrency network without becoming a hardware expert or an electricity magnate.

So, cloud mining has emerged as a smart choice for ordinary investors looking to enter the crypto space and earn passive income.

If you’re tired of the complexities and high upfront costs of traditional mining and crave a simple, secure, and efficient way to grow your digital assets, then XY Miners is definitely worth exploring.

For more information, visit xyminers.com or contact [email protected].

FAQs

Is XY Miners safe and legal?

Yes, XY Miners operates in the UK and follows strict regulatory standards to ensure transparency and security for all users.

How do I start mining with XY Miners?

Sign up with one click and choose a mining plan that fits your budget and goals.

What cryptocurrencies can I mine with XY Miners?

You can mine popular cryptocurrencies including Bitcoin, Litecoin, Dogecoin with XY Miners.

Are there any upfront fees?

No, XY Miners allows you to start mining without purchasing hardware or paying upfront fees, and the platform has no hidden fees.

How does the platform calculate profits?

Profits are calculated daily based on your active mining contracts and can be withdrawn or reinvested at any time.

Where are XY Miners’ mines?

The mines are located in Northern Europe, Canada, Asia and North America, regions with abundant green energy resources. All operations rely on solar, hydroelectric and wind power.

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Remote Bitcoin and Dogecoin Mining: How XY Miners Helps Cryptocurrency Investors

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As a new parent, here are 12 ways my Apple Watch helps me through the day https://earlybirdsinvest.com/as-a-new-parent-here-are-12-ways-my-apple-watch-helps-me-through-the-day/ https://earlybirdsinvest.com/as-a-new-parent-here-are-12-ways-my-apple-watch-helps-me-through-the-day/#respond Sat, 03 May 2025 21:11:30 +0000 https://earlybirdsinvest.com/as-a-new-parent-here-are-12-ways-my-apple-watch-helps-me-through-the-day/
An Apple Watch Series 10 user reviews their app Library

Kaitlyn Cimino / Android Authority

As a new parent, I’ve discovered that my Apple Watch is low-key the most helpful thing I own (besides an espresso machine). It’s like having a tiny, wearable command center strapped to my wrist, keeping me organized, connected, and just barely ahead of the chaos. Below are the most frequent ways I use my smartwatch to manage my new roommate.

1. Noise App

An Apple Watch user checks the volume of their environment with the Noise app.

Kaitlyn Cimino / Android Authority

Starting strong with the Noise app, the Apple Watch is surprisingly clutch when trying to set up a safe sleep environment. As tempting as it might be to drown all household sounds so the baby can sleep, there are limits to how loud a sound machine should be. I use the Noise App to set mine to a baby-safe volume (below 50 decibels while sleeping) to protect those impossibly tiny eardrums. On the flip side, it’s always demoralizing when you receive a noise alert because a newborn is crying in your face.

2. Alarms & Sleep Tracking

In a shared bedroom with an occupied bassinet, a silent, haptic-only alarm is the most important thing happening in my life right now. My Apple Watch alarm is the only way to ensure that I, and only I, am woken up when I carve out time to prep bottles, chug coffee, or just stare into the darkness in silence. Sleep tracking, meanwhile, is less about improvement and more about proof. It’s both validating and oddly satisfying to track just how little you’re sleeping during this “magical” time. (Spoiler: it’s not much.)

3. Organizational Apps (Reminders, Calendar, Timers)

Babies have more scheduled events and to-dos than a floor manager. From feedings to naps, Vitamin D doses to doctor’s appointments, they’re high-maintenance little tyrants, and I’ll take all the help I can get to stay organized. The Apple Watch puts details an arm’s length away, which doesn’t mean I’ll be on time, but at least I’ll know I’m running late.

4. Activity & Fitness Tracking

An Apple Watch displays a users' struggling activity rings.

Kaitlyn Cimino / Android Authority

I will be the last person to urge any new parent to revisit their fitness goals right out of the gate, but there are definitely real benefits (both mental and physical) to staying active. Even when my regular fitness routine is on pause, the watch’s activity rings give me a little nudge to keep moving, whether it’s a refreshing stroller walk or 47 midnight trips up and down the hallway to rock the baby to sleep.

5. Do Not Disturb & Focus Modes

As much as I appreciate Grandma’s enthusiasm for FaceTime, newborns don’t need distractions from notifications or calls during a nap or feeding. Focus modes let me temporarily shut out the world, when one mistimed ding can cost me an entire hour of my life (and a considerable amount of my sanity). Do Not Disturb is perfect for protecting fragile, hard-won moments of peace.

6. Third-Party Apps

An Apple Watch Series 10 displays the app library.

Kaitlyn Cimino / Android Authority

One of the Apple Watch’s biggest strengths is its unrivaled third-party app support. There’s a wild world of baby-focused apps out there, from baby monitors to feeding logs, and having them synced to my watch means I can input or check data without fumbling for my phone. I’m also an avid user of the Remote app for controlling the TV when the real remote deep dives between the couch cushions.

7. Find My Friends

Not to sound like a stalker, but it’s comforting to know where your partner is, especially when they’re doing a solo run to Target (which is, let’s be honest, a time warp). The Apple Watch makes it easy to see if they’re almost home or still stuck in aisle K12 looking for size 1 diapers.

8. Find My iPhone/Control Center ping feature

An Apple Watch user's iPhone displays the Find My Phone Alert.

Kaitlyn Cimino / Android Authority

Likewise, when I’m not looking for my partner, I’m almost certainly looking for my phone. Whether it’s buried under laundry, lost in the glider, or somehow in my own pocket, the ping tool saves me from several daily existential crises.

9. Siri, Messaging, Calls & Notifications

An Apple Watch user sets a timer using Siri.

Kaitlyn Cimino / Android Authority

Hands-free communication is a game-changer when my arms are full of baby (or baby’s gear). Siri sets my timers. I exclusively answer calls from my wrist. I also dismiss the notifications I vowed to disable, and text back the group chat that never ends, all without needing to pull out my phone (because let’s be honest, where is my phone?). Meanwhile, using my watch means less screen time for the little one, who can spot a retina display from 20 feet away.

10. Apple Pay

Whether I’ve accidentally left the house without my wallet, or I just don’t want to dig into the abyss of my diaper bag to find it, contactless payment support makes errands (read: coffee runs) a lot smoother. Outings can already feel like an Olympic sport with a baby in tow, Apple Pay shaves off a few hurdles.

11. Maps

From walking the baby to sleep to breaking up the day with a change of scenery, Maps is my ride or die companion for an endless carousel of stroller treks. I use it to navigate new neighborhoods, find shaded parks, and locate the nearest take-out locations I can hit on my way home.

12. Photo watch face 

A user's Apple Watch displays a photo watch face.

Kaitlyn Cimino / Android Authority

Because all sarcasm aside, I’m a big fan of my new little roommate. I have roughly 7.4 million photos to utilize, and the photo watch face is the perfect medium. Having their smiling (or scowling) face on my wrist is a small, joyful reminder of why sleep is overrated anyway.

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AI Tool Helps Biker Catch Gurugram Attackers via Instagram https://earlybirdsinvest.com/ai-tool-helps-biker-catch-gurugram-attackers-via-instagram/ https://earlybirdsinvest.com/ai-tool-helps-biker-catch-gurugram-attackers-via-instagram/#respond Tue, 22 Apr 2025 23:16:53 +0000 https://earlybirdsinvest.com/ai-tool-helps-biker-catch-gurugram-attackers-via-instagram/

An artificial intelligence (AI) tool helped a Gurugram biker trace the men who assaulted him and his group before the police were able to identify them.

According to a report from NDTV, a group of men, believed to be drunk, stopped Hardik Sharma and ten others on the Dwarka Expressway and began hitting them and damaging their motorcycles.

Sharma said he rode away but returned on foot when he realized a friend might have been left behind. By the time he got back, that friend had already left, and one of the men had taken hold of Sharma’s motorcycle.

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He mentioned that the attackers warned him not to record videos. “They also said that they will shoot me if I shoot their videos”, Sharma said.

He added that registering a police report was another challenge. Sharma had to visit several police stations before his complaint was accepted. It took about 12 hours for the FIR to be filed.

Frustrated by the delay, Sharma decided to use AI tools that analyze photos and videos to trace the attackers. “We use some paid AIs on which if you upload photos or videos, it can lead you to the social media of the person in them if they have a public profile”, he explained.

He also shared the gym where the men were believed to work out, along with other related media, with the police.

Meanwhile, the UK Ministry of Justice has recently been developing an AI tool to predict violent crimes. How does it work? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Ubisoft Chroma helps developers simulate color blindness across all game engines https://earlybirdsinvest.com/ubisoft-chroma-helps-developers-simulate-color-blindness-across-all-game-engines/ https://earlybirdsinvest.com/ubisoft-chroma-helps-developers-simulate-color-blindness-across-all-game-engines/#respond Wed, 16 Apr 2025 19:37:14 +0000 https://earlybirdsinvest.com/ubisoft-chroma-helps-developers-simulate-color-blindness-across-all-game-engines/

Something to look forward to: People with color blindness have varying degrees of difficulty seeing or distinguishing certain colors. Gamers affected by color blindness often rely on specific accessibility options to fully enjoy their on-screen experience. Ubisoft’s latest release, however, could significantly improve their experience – not just in one game, but across a broader range of titles.

Ubisoft recently introduced Chroma, an open-source tool designed to simulate various types of color blindness. According to the French publisher, around 300 million people worldwide are affected by color vision deficiency – many of whom are gamers who spend significant time engaging with rich and vibrant digital environments.

With Chroma, developers can simulate the three main types of color blindness: Protanopia, Deuteranopia, and Tritanopia. Ubisoft has already used the tool internally across several game projects, supporting its accessibility team during complex testing scenarios. Notably, Chroma is designed to work across all games, with no dependencies on specific game engines or platforms.

The tool boasts additional features such as accurate visual simulation and real-time rendering at up to 60 FPS. While 60 FPS may not be considered “high-performance” by modern gaming standards, it represents a reasonable tradeoff in the context of accessibility – especially when the alternative is an inaccurate or incomplete visual experience. It’s also possible that this frame rate applies only to the simulation tool during development, rather than affecting performance in final game builds.

Chroma also offers live gameplay recording, screenshot capture, a configurable UI, and more. The tool works by applying a filter over the game’s graphics to simulate color blindness, Ubisoft explained. Developed since 2021 by the company’s Quality Control team in India, Chroma uses the Color Oracle algorithm and supports both single and dual screen setups. It provides several hotkeys and a customizable overlay to streamline testing.

According to Jawad Shakil, Ubisoft’s Quality Control Product Manager, Chroma was designed to integrate color-blind accessibility into the creative and testing process from the earliest stages of game development. The QC team devoted extensive effort to ensure the tool eliminated lag and minimized visual inaccuracies.

Ubisoft is now releasing Chroma under an open-source license, giving other developers a new option to enhance accessibility in their own games.

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Bank of America Insider Helps Criminals and Illicit Businesses Launder Funds in Global Conspiracy: US Department of Justice https://earlybirdsinvest.com/bank-of-america-insider-helps-criminals-and-illicit-businesses-launder-funds-in-global-conspiracy-us-department-of-justice/ https://earlybirdsinvest.com/bank-of-america-insider-helps-criminals-and-illicit-businesses-launder-funds-in-global-conspiracy-us-department-of-justice/#respond Sat, 15 Mar 2025 02:09:34 +0000 https://earlybirdsinvest.com/bank-of-america-insider-helps-criminals-and-illicit-businesses-launder-funds-in-global-conspiracy-us-department-of-justice/

A Bank of America insider is pleading guilty to boosting a global money laundering conspiracy that aided drug traffickers and other illegal businesses, according to the U.S. Department of Justice (DOJ).

The DOJ says former Bank of America employee Rongjian Li was a member of a money laundering and drug trafficking outfit headed by Jin Hua Zhang.

According to prosecutors, Li used his position at the bank from 2021 through 2022 to help the criminal organization open several accounts.

Zhang’s organization then used the BofA accounts, some of which were registered using forged passports, to launder illicit funds.

“As part of his involvement, when the bank’s financial auditing systems flagged or froze accounts for suspicious activity, Li helped Zhang circumvent the bank’s anti-money laundering protocols and move illicit funds elsewhere.

In addition, Li was observed sitting next to Zhang at a dinner in New York, where Zhang discussed the different fee percentages he charged various criminal groups for drug trafficking and scams.”

Zhang’s organization is believed to have laundered millions of dollars in a span of months, according to the DOJ.

“The investigation revealed that, for a fee, Zhang laundered bulk cash for drug dealers and laundered profits from other illegal businesses. In less than a year, Zhang and his organization laundered at least $25 million worth of drug proceeds and funds from other illegal businesses through undercover agents.”

Li has pleaded guilty to the charge of conspiracy to commit money laundering. He faces a monetary fine and a prison sentence.

“The charge of money laundering conspiracy provides for a sentence of up to 20 years in prison, up to three years of supervised release and a fine of up to $500,000, or twice the amount involved, whichever is greater.”

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Tether Helps Guinea Explore Blockchain Tech; New Crypto Users Could Benefit from Best Wallet Token Presale https://earlybirdsinvest.com/tether-helps-guinea-explore-blockchain-tech-new-crypto-users-could-benefit-from-best-wallet-token-presale/ https://earlybirdsinvest.com/tether-helps-guinea-explore-blockchain-tech-new-crypto-users-could-benefit-from-best-wallet-token-presale/#respond Tue, 18 Feb 2025 11:29:54 +0000 https://earlybirdsinvest.com/tether-helps-guinea-explore-blockchain-tech-new-crypto-users-could-benefit-from-best-wallet-token-presale/

Yesterday, Tether (the $USDT stablecoin issuer) signed a Memorandum of Understanding (MoU) with Guinea to assist new crypto users from the African nation in exploring blockchain tech. 

The agreement is similar to one that Tether signed with Uzbekistan last year, which focused on providing new crypto users with information about Web3 education, innovation, and stablecoins. 

As Tether taps into Guinea’s population of around 14.8M and Uzbekistan’s 36.3M, new crypto adoption is bound to be spreading.

Another country rising in the crypto adoption movement is Nigeria. Per a survey conducted by Consensys, a hefty 84% of Nigerian residents owned a crypto wallet in 2024. 

Through collaborations and findings, the stablecoin king ($USDT has a whopping $141.72B market cap) illuminates how blockchain tech and crypto can be increasingly accessible to ordinary people, attracting new crypto investors in the space as a consequence. 

However, the onboarding process often prevents individuals from exploring the blockchain. A crypto wallet is necessary to buy, sell, and manage digital assets, but beginners usually find them intimidating and complex.

Luckily, the Best Wallet token presale offers a solution, and it’s super straightforward. 

Best Wallet Token Presale: A User-Friendly Solution for New Crypto Users

The Best Wallet Token presale opens the way to the Best Wallet ecoystem.

It’s an extremely user-friendly crypto wallet that’s available on Google Play and Apple App Store. Its interface is extremely intuitive and straightforward, enabling users to manage digital assets without much crypto know-how. 

Security-conscious users can also rest easy. KYC verification isn’t necessary, so there’s no need to give up personal data. Plus, it’s non-custodial, so users have complete control over their private keys and crypto, instead of a third party as with custodial wallets.

Better still, integrating with Onramper (a fiat-crypto onramp aggregator) offers attractive exchange rates and processing fees when purchasing crypto. But holders of the platform’s native token, $BEST, will enjoy the lowest transaction fees. 

Other boons of holding $BEST include early access to new projects, higher staking rewards (currently at a generous 161% APY), and community governance. 

Best Wallet token benefits
Source: Best Wallet

Best Wallet is unique in the market, as it’s the first wallet to offer exclusive access to presales, so new crypto users can buy low-cap altcoins before other investors catch on.

To get involved, you can buy $BEST on presale for just $0.024025. Head to the official Best Wallet token presale website, connect your wallet to the widget and buy as many tokens as you’d like using either $ETH, $USDT, $BNB, or fiat. 

When considering its advantageous use cases, it’s not surprising that $BEST has already snagged over $10M on presale.

$BEST Might Be the Next Crypto to Jump 100x

Tether’s collaboration with different countries helps blockchain technology be more accessible to new crypto users. 

Best Wallet is an excellent choice for new crypto users because it simplifies the often complicated onboarding process. Acquiring $BEST also offers lower fees and early access to presale projects.

The Best Wallet Token presale has already raised $10M; it could be the next meme coin to jump 100x. But this isn’t investment advice. You must always do your due diligence before buying tokens and never surpass your budget. 

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Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether https://earlybirdsinvest.com/grayscale-etf-application-helps-cardanos-ada-outshine-bitcoin-and-ether/ https://earlybirdsinvest.com/grayscale-etf-application-helps-cardanos-ada-outshine-bitcoin-and-ether/#respond Tue, 11 Feb 2025 06:07:41 +0000 https://earlybirdsinvest.com/grayscale-etf-application-helps-cardanos-ada-outshine-bitcoin-and-ether/

Cardano’s ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S.

ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is still down 36% from its December high of around $1.37.

Grayscale, a prominent crypto asset manager, filed to list the first ever spot ADA fund on the New York Stock Exchange. A spot ETF would enable investors to gain exposure to the cryptocurrency without having to own it directly.

Bitcoin and ether spot ETFs began trading in the U.S. last year, attracting billions in investor funds since their inception and bolstering the narrative of institutional adoption.

Note that the U.S. SEC’s approval of spot BTC and ETH ETFs was primarily based on the assumption that the CME’s surveillance system for bitcoin and ether futures would mitigate concerns about price manipulation. In other words, CME futures have been a prerequisite for obtaining spot ETF approval. The global derivatives giant is yet to list ADA futures.

The market doesn’t seem worried about that, as evidenced by ADA’s price spike.

Focus on Layer 1 coins

The cryptocurrency and its Layer 1 peers like BTC, ETH, SOL and others could remain well supported in days ahead as social media chatter suggests a shift in investor bias from memecoins to layer 1 coins, according to analytics firm Santiment.

“The crypto community has largely shifted their attention to Bitcoin and other Layer 1 assets like Ethereum, Solana, Toncoin, and Cardano. Collectively, the top Layer 1 assets are getting 44.2% of discussions among specific coins. Meanwhile, top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less and less across social media,” Santiment said on X.

“A shift in trader attention from meme coins to Bitcoin and Layer 1 assets is generally a sign of a more stable and sustainable market environment,” Santiment added.

BTC in stasis

Bitcoin continues to trade lacklustre between $95,000 to $100,000, with upside likely capped by trade war fears and rising inflation expectations in the U.S. Ether, the second-largest token by market value, has been locked between $2,500-$2,900 since recovering from last Monday’s crash to $2,000 on several exchanges.

Macro traders have recently pivoted to gold, sending the yellow metal’s price to all time highs above $2,900 per ounce.

Some analysts said bitcoin will have the last laugh.

“The recent decrease in volatility, coupled with the rising price of gold, should highlight Bitcoinʼs growing appeal as an alternative store of value. Despite short-term fluctuations, Bitcoinʼs fundamental narrative remains intact, with increasing institutional interest and its positioning as a potential hedge against inflation and currency devaluation continuing to support its long-term potential,” analysts at Bitfinex said.

“A shift [away from gold] may be underway. Over $196 billion worth of Bitcoin is now held by ETFs, public and private companies, and even nation states. With central banks expanding money supply and fiat devaluation risks rising, Bitcoinʼs fixed-supply narrative is becoming increasingly attractive,” analysts added.

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Why is the ether down today? Market fear and increased supply helps fuel 5% slides https://earlybirdsinvest.com/why-is-the-ether-down-today-market-fear-and-increased-supply-helps-fuel-5-slides/ https://earlybirdsinvest.com/why-is-the-ether-down-today-market-fear-and-increased-supply-helps-fuel-5-slides/#respond Sat, 08 Feb 2025 16:44:33 +0000 https://earlybirdsinvest.com/why-is-the-ether-down-today-market-fear-and-increased-supply-helps-fuel-5-slides/

Ether (ETH) has dropped by more than 5.1% in the last 24 hours to under $2,600, while Bitcoin (BTC) has dropped by about 2.9% over the same period to $95,700.

Altcoin’s biggest price performance will impact the Coindesk 20 index next week’s stock market amid the recession of the market, US President Donald Trump, which has affected the stock market next week, and next week’s They announced plans to announce mutual tariffs and plans to escalate the fears of a trade war. The country’s major trading partner.

However, the poor performance of the ether is among other factors that affect cryptocurrency, particularly. Ethereum Merger – The network was merged with the beacon chain that moved it to the Shoop-of-Stake (POS) consensus mechanism, but it was widely expected that supply would drop, and did so for several months .

However, this trend was reversed in April a few weeks after the highly anticipated “Dencun” upgrade activation. This upgrade reduced data charges and reduced the growth of the Layer 2 network by introducing the transaction “BLOBS”. This helped reduce transaction fees.

The reduction in transaction fees on Ethereum has reversed the cryptocurrency supply trend, meaning less ether. Since the introduction of EIP-1559 in 2021, all ether transactions have a base fee to burn, which will help reduce the supply of ETH.

Due to the decrease in burned ether, ETH supplies have grown over the past few months, with their circulating supply increasing by 8,242 ETH since merge, data from ultrasound.money shows.

Growth of ether supply. (ultrasound.money)

Ether also delayed the Securities and Exchange Commission (SEC) recently delaying its decision on BlackRock’s Ishares Ethereum Trust (ETHA) listing options agreement.

Other factors have also influenced Ether, such as restrictions on the Ethereum Foundation and increased competition with other networks, including Solana, with value compared to BTC recently falling to 2021 lows. In its research report, JPMorgan states that ETH lacks compelling stories like BTC.

Despite its bearish performance, analysts point out that ether prices reflect the patterns they saw. On Friday, Jake Ostrovskis, OTC trader at Crypto Market Maker WinterMute, told Coindesk he saw “there is strong commercial demand for ETH.”

Santiment’s analysts pointed out on social media that a potential setup for surprise bouncing was first mined as bearish sentiment was first mined to affect cryptocurrency. It points out that there is a possibility that this may occur. Stabilize. ”

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