Terms – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 16 Mar 2025 04:19:27 +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 Terms – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Layer-1 Project MultiversX Continues To Top the Crypto Gaming Sector in Terms of Development Activity: Santiment https://earlybirdsinvest.com/layer-1-project-multiversx-continues-to-top-the-crypto-gaming-sector-in-terms-of-development-activity-santiment/ https://earlybirdsinvest.com/layer-1-project-multiversx-continues-to-top-the-crypto-gaming-sector-in-terms-of-development-activity-santiment/#respond Sun, 16 Mar 2025 04:19:26 +0000 https://earlybirdsinvest.com/layer-1-project-multiversx-continues-to-top-the-crypto-gaming-sector-in-terms-of-development-activity-santiment/

The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in the realm of development activity, according to the crypto analytics firm Santiment.

Santiment notes on the social media platform X that MultiversX, formerly known as Elrond, registered 212.17 notable GitHub events in the past 30 days.

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) ranks second, clocking 168.93 events, and the Ethereum layer-2 protocol Skale Network (SKL) is a distant third with 41.07.

MultiversX and Decentraland have occupied the number one and two spots in previous months as well, according to Santiment.

Image
Source: Santiment/X

Santiment notes that it doesn’t count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”

The analytics firm has previously said that heavy development activity centered around a crypto project is a positive indication that could mean that the developers believe the protocol will be successful. It also indicates that the project is less likely to be an exit scam.

MultiversX is a distributed, proof-of-stake blockchain network that is decentralized via more than 3,500 nodes. The project aims to help developers build next-gen applications.

The project’s native token, EGLD, is trading at $18.10 at time of writing. The 139th-ranked crypto asset by market cap is up more than 3% in the past 24 hours.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

]]> https://earlybirdsinvest.com/layer-1-project-multiversx-continues-to-top-the-crypto-gaming-sector-in-terms-of-development-activity-santiment/feed/ 0 25396 El Salvador’s Bitcoin Growth Halted by IMF Loan Terms https://earlybirdsinvest.com/el-salvadors-bitcoin-growth-halted-by-imf-loan-terms/ https://earlybirdsinvest.com/el-salvadors-bitcoin-growth-halted-by-imf-loan-terms/#respond Wed, 05 Mar 2025 02:27:13 +0000 https://earlybirdsinvest.com/el-salvadors-bitcoin-growth-halted-by-imf-loan-terms/

El Salvador is working on a $1.4 billion funding agreement with the International Monetary Fund (IMF), but it comes with strict conditions.

As part of the deal, the government is not allowed to increase its Bitcoin
BTC


$87,305.14

holdings. The IMF’s concerns over Bitcoin’s risks have led to rules preventing public institutions from voluntarily buying more of the cryptocurrency.

Documents released on March 3 confirm that the agreement also blocks the government from issuing Bitcoin-linked debt or financial instruments. The goal is to limit exposure to the price swings of digital assets and focus on financial stability.

How to Avoid Crypto Taxes? (Legal Ways Explained)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

How to Avoid Crypto Taxes? (Legal Ways Explained)

How to Avoid Crypto Taxes? (Legal Ways Explained)
How to Avoid Crypto Taxes? (Legal Ways Explained)

In a statement from February 26, the IMF’s executive director for El Salvador, Méndez Bertolo, explained that the loan program aims to improve governance, transparency, and economic resilience. He noted that Bitcoin-related risks are being managed and outlined recent changes to the country’s Bitcoin Law.

According to Bertolo, Bitcoin will no longer be considered legal tender. Its use will remain optional, and tax payments must be made in US dollars.

While the government must follow the IMF’s restrictions, President Nayib Bukele remains committed to Bitcoin as part of El Salvador’s financial strategy. On March 3, he announced another purchase, increasing the country’s total Bitcoin holdings to 6,100 BTC.

Meanwhile, Hong Kong’s Securities and Futures Commission (SFC) recently introduced a new strategy called ASPIRe to boost crypto market access and regulation. Which areas are the focus of the plan? Read the full story.

Aaron S. Editor-In-Chief

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.

]]> https://earlybirdsinvest.com/el-salvadors-bitcoin-growth-halted-by-imf-loan-terms/feed/ 0 23312