• Bitcoin adoption could get another boost from Brazil.
• This is after a Brazilian Congressman introduced a bill proposing adoption of BTC as national reserve asset.
• US lawmakers are also pushing for a Bitcoin strategic reserve.

A Congressman in Brazil has introduced a Bitcoin reserve bill, adding the country to a growing list of nations looking to tap into the flagship cryptocurrency as a treasury reserve asset.

On Nov. 25, Brazilian Congressman Eros Biondini introduced a new proposal aimed at the creation of a Bitcoin (BTC) reserve in Brazil.

The proposal, titled ‘Bitcoin Sovereign Strategic Reserve (RESBit)’, outlines the benefits of adopting BTC as a national Treasury reserve asset. Diversification of the country’s assets and reduction of economic risk are part of the strategic plan. The bill also looks at the opportunity this would offer in terms of putting Brazil at the forefront of technological and financial innovation and development globally.

JUST IN: A bill to create a strategic #Bitcoin reserve has been introduced in Brazil’s Chamber of Deputies pic.twitter.com/0jh3hXaxCJ

— Bitcoin Magazine (@BitcoinMagazine) November 26, 2024

According to Biondini, RESBit will be critical to bolstering Brazil’s economic sovereignty if approved.

In this case, Biondini proposes a gradual addition of BTC to the strategic reserve coffers. The bill targets having Bitcoin form 5% of the country’s national reserves. The acquisition and management of this project will be under the Central Bank of Brazil, with purchased BTC stored in cold wallets.

During his campaign, US president-elect Donald Trump vowed to support a strategic Bitcoin reserve for the country. Since his election to office, and ahead of his inauguration in January, a lot has happened with regard to a US national bitcoin reserve. US senator Cynthia Lummis has spearheaded these efforts, with multiple industry players backing it.

If only there was a way to dig our nation out of debt while ensuring the strength of the U.S. dollar. Oh wait. #BITCOINAct

— Senator Cynthia Lummis (@SenLummis) November 19, 2024

This comes as other countries, including Argentina, Morocco, and Romania add to the overall bullishness around BTC adoption across the globe.

The Plutus V2 Cost Model network upgrade went live on the Cardano mainnet on Sept. 27, five days after the Vasil upgrade was triggered.

Every Friday, we publish our weekly #Cardano development update. So for the lowdown on what IOG’s dev team has been working on last week, head on over and take a lookhttps://t.co/udW6gkdFhp

— Input Output (@InputOutputHK) December 9, 2022

The Plutus V2 Cost Model network upgrade, per the Cardano team, increases the operational efficiency of dApps (decentralized applications).

Speaking of Plutus, it is the smart contract platform of the Cardano blockchain that allows for the writing of applications that interact with the blockchain.

Plutus Core is a scripting language used in the Cardano ledger. September’s Vasil upgrade brought about a new version of Plutus Core (Plutus V2), a tuned Plutus interpreter and new cost models for both Plutus V1 and Plutus V2 scripts.

The Cardano network reached the significant milestone of 3,000 Plutus scripts at the start of August and has shown no signs of slowing down since then.

On Sept. 22, the date of the Vasil hard fork, the number of smart contracts or Plutus scripts stood at 3,292. According to the most recent weekly report compiled by Cardano builder IOG, the number of Plutus scripts is 4,347, of which 400 are Plutus V2 scripts.

Currently, 1,151 projects are in various stages of development on the Cardano blockchain. There are also 7.2 million native tokens minted across 66,530 policies. The total number of transactions is now 56.3 million.

Cardano’s decentralization drive

In a thread of tweets shared by crypto researcher Sooraj, Cardano remains at the forefront of research and the development of an objective decentralization measurement framework: the Edinburgh Decentralization Index (EDI).

Currently we have no real benchmarking or Indexes

to assess the degree of #Decentralization of public blockchains

That’s why the #Crypto industry falls for the shiny new chain run by 4 people

Here’s a thread on the Edinburgh Decentralization Index https://t.co/qk5xZFe0gk

— Sooraj (@Soorajksaju2) December 9, 2022

EDI is an index developed by the University of Edinburgh to measure the level of decentralization of public blockchains.

The Uruguayan Parliament has been presented with a new cryptocurrency bill project by the executive branch. By giving the Central Bank of Uruguay authority over cryptocurrency assets, amending its organic charter, and establishing the Superintendence of Financial Services as the body to regulate virtual asset service providers, the bill aims to clarify how crypto assets will be regulated in the nation. This new progress could increase the value and prices of the Runfy Token (RUNF), Dogecoin (DOGE), and Shiba Inu over time.

Let’s examine the distinct features of the DOGE, RUNF, and SHIB to significantly impact world economies, which could cause an increase in their prices and values.

 

Dogecoin (DOGE): Not Just An Internet Currency

 

Dogecoin (DOGE) is a Decentralized Finance (DeFi) that enables its users to send money online effortlessly and is sometimes referred to as the “internet currency.” It is a suitable medium of trade due to the community of holders and users’ ongoing growth. The coin was listed on eToro, one of the largest international cryptocurrency brokerages, as well as some of the leading stock and cryptocurrency trading platforms since its launch. The demand from users to trade the coin has substantially surged.

The fact that DOGE is designed to endure inflation is a crucial strength that could guarantee the asset’s capacity to withstand pressure and appreciate over time.

 

 

 

Shiba Inu (SHIB) Recent Upgrades Could Skyrocket Its Value

 

Shiba Inu (SHIB), a decentralized cryptocurrency, has various thrilling utilities. The token’s Decentralized Exchange (DEX), ShibaSwap, has recently become accessible. ShibaSwap has expanded the number of customers who can buy the tokens and stake them in liquidity pools to support the adoption of the Decentralized Exchange (DEX). This has provided its users with a variety of additional easy and practical ways to use the token. The ShibaSwap platform also has several capabilities. The meme-coin attracts a lot of buyers consistently, which can guarantee a promising future and possibly increase its price and worth as the crypto market is making waves globally.

 

Runfy Token (RUNF) Sets The Pace For Health and Wellness In The Crypto Market

The developers of Runfy Token (RUNF) were aware of how challenging it is to maintain and achieve fitness and health goals, particularly in the absence of the appropriate equipment, technology, and attitude. This is why the team developed Runfy (RUNF) ecosystem, a platform, and software that enables fitness enthusiasts to have access to the crucial resources they require to meet their objectives. Runfy (RUNF) ecosystem is a program that makes it simple for users to keep track of their calorie and nutritional intake and offers advice on how to reach their fitness objectives.

The Binance Smart Chain powers the utility token RUNF, which minimizes transaction costs.

 

What Other Bonuses Does The Runfy Token (RUNF)  Its Buyers?

When a purchase is made during stage 1 of RUNF release, it will attract a 7% bonus, while a 5% bonus would be allocated for every purchase done during the second stage of coin release and then 3% if done in the third stage. It also gives a referral bonus of $30 each to the referred and the referrer for every purchase of $100 made by the directed. Also, when traders register and purchase within 10 minutes, they will be given a 25% bonus. For every second, third, and fourth purchase made, the trader would receive 50%, 75%, and 100%, respectively, for those purchases. Then for every purchase made with a fiat amount of $100, the trader would receive a 1% bonus; if done with $250, a 4% bonus would be given, 8% bonus would be provided for every purchase made with $500, and 20% and 45% bonus would be given for every purchase done with $1000 and $2500 respectively.

 

Cryptocurrency has contributed significantly to the upward drive of several countries’ economies globally. The acceptance of cryptocurrency globally could increase the price and value of the Runfy Token (RUNF) token. It would be best if you buy now to avoid paying more later.

For more information on RUNF token, visit:

Presale: http://go.runfytoken.io/

Website: http://runfytoken.io/

Telegram: https://t.me/RunfyTokenOfficial

 

Blockchain network has become a thriving industry globally with a lot of potential. Experts believe the next generation of the internet, Web 3.0, will be based upon a decentralized network and blockchain. Given that, many entrepreneurial minds worldwide are groping for opportunities in the blockchain world.

 

Cryptocurrency being one of them, there has been an influx of coins and tokens. Unfortunately, copying others is a part of human tendency, which has been reflected in the crypto world. Several cryptos are different but sound similar. Catcoin is one of them. It has many imitators in the market. Let’s see what Catcoin is and how it is different from other cat theme-based cryptos.

 

 

 

 

 

What is Catcoin.com?

 

Catcoin.com (CATCOIN) is a cat-themed cryptocurrency to put cats up against dogs in the crypto world. It is a digital currency based on Binance Smart Chain and follows peer-to-peer architecture. Catcoin are tokens with a limited supply of 100,000,000,000,000,000 (one hundred quadrillions).

 

It is a deflationary cryptocurrency which means that the total supply decreases with time. Catcoin has lower inflation than other cryptocurrencies. Over time, it becomes more valuable as inflation can eat away at your investment if you do not manage your portfolio well enough. There is high chance that Catcoin.com will become next shiba inu

 

How is it different from other cat-themed coins?

 

Catcoin , when launched a few years back is a coin but now it is a token. So what is the difference between the two?

Basic knowledge of blockchain technology can give you the proper idea on this matter. A token is simply a medium of transferring value in a decentralized platform like a blockchain. Tokens are used for various reasons like an asset, currency, or reward for performing any task over the blockchain. Tokenization has opened new dimensions for thousands of digital ventures and projects to flourish and make their presence felt among investors and masses alike.

 

And when it comes to Catcoin, it’s a BEP20 token standing in stark contrast to other cat-themed coins that exist today in the crypto space. Catcoin.com is one such project that revolves around a digital asset resembling the characteristics of cats and will be used as an asset within its ecosystem.

 

What makes Catcoin unique from other cat-themed coins? To find out more about this, let’s dive into how Catcoin differs from other currencies:

 

First and foremost, unlike other cat-themed currencies out there, Catcoin is entirely community-driven, meaning your voice matters to the project developers! They want the investors/promoters to actively participate in future activities the project may have available in store for them!

 

Catcoin’s vision isn’t just to bring an alternative form of currency. Still, its developers want to implement an ecosystem that revolves around Catcoin as the primary mode of payment through their marketplace, where goods can be purchased with said coin without hassle! The marketplace won’t only feature goods related to cats but common goods, so they aim for something big here!

 

Secondly, one thing that sets the Catcoin project apart from others is its DAO governance which means the project functions without intervention from any third party authorities (such as governments), leaving all control over decision-making processes to our community members/investors/promoters, so everyone has an equal say when it comes down to it!

 

Features of CATcoin 

 

Catcoin has several features that set it apart from other cryptos.

• Unlike most other cryptos, 97 percent of catcoin are available for purchase by the public.
• Three percent of the total supply is reserved for marketing purposes.
• Catcoin system charges 8 percent on every sell. Out of which, 6 percent is reserved for liquidity. This means that users have a greater chance of purchasing a catcoin.
• Catcoin can be traded on digital currency exchanges such as Pancakeswap or Coingecko.
• Catcoin can be stored in a digital wallet where they will remain safe until they’re needed to make purchases or trade on one of the crypto exchanges.

 

Plans with CatCoin.

CatCoin has started small, but it strives to grow big shortly. Catcoin aim to launch DAO Catdex and much more interesting stuff.

 

CatCoin is a different kind of cryptocurrency with a lot of potential. On top of being decentralized and supporting private transactions, this currency is also flexible and scalable. As more people learn about CatCoin and how safe it is compared to traditional currency, they’re opting to use this method over others available today.

 

Please Note – There are many copies of the Catcoin token in the market make sure you visit Catcoin.com to pick the right one.

 

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According to the announcement from the AadaFinance project, peer-to-peer lending powered by the Cardano ecosystem is getting ready for the launch of the first version of the protocol in May 2022.

How does the protocol work?

As the loan scheme suggests, the process of borrowing, with the help of Aada’s protocol, is quite similar to solutions based on Ethereum. First of all, the borrower creates a request and deposits collateral into a smart contract.

The lender funds the loan via the smart contract, and both parties receive a non-fungible token that will be used later when the borrower returns his or her collateral.

Peer to peer lending?

Yes, you heard it right. We will launch the first version (V1) of our protocol in early May

More information will seek this week! pic.twitter.com/AlkTrOwcW2

— Aada (@AadaFinance) March 28, 2022

Whenever the requestor no longer needs the funds, he returns the take amount to the borrower and receives his or her collateral back from the smart contract with deducted fees and the non-fungible token, while the lender gets the assets back with accumulated fees and also returns the non-fungible token.

According to CoinMarketCap, the capitalization of the biggest and considerably best lending and borrowing platforms, like Aave, increased largely in 2021 and reached approximately $3 billion.

Cardano market and fundamental growth

Following the recovery of the market, the resumed growth of the DeFi industry and other positive factors, Cardano’s price on the market rallied by more than 35% in the last 10 days, correlating with the network’s TVL that reached $326 million in March.

As the chart on DeFiLIama suggests, a massive increase in TVL began in March as the network entered the third month of the year with only $74 million and then faced a 350% increase. Such a massive inflow of funds is most likely tied to the release of additional products on the network, like Minswap.