Circle executive: The GENIUS Act prevents large tech companies and banks from dominating the stablecoin market

The “Meta Earth Global UBI Initiative: From E to Emergency” campaign is a fascinating test case: a hybrid of on-chain mobilization and traditional off-chain logistics that may offer a blueprint for a new, more inclusive era of philanthropy. The Web3 world is built on grand narratives—decentralized futures, autonomous economies, and digitally-native societies. Yet, these ambitious […] The post A New Aid Blueprint? Meta Earth Tests On-Chain Consensus, Off-Chain Action in the Philippines appeared first on Live Bitcoin News.

The post Fed Rate Cuts May Push Crypto Prices Up As ‘Digital Gold’ Replaces TradFi appeared on BitcoinEthereumNews.com. FX168 Financial News (North America) reports that cryptocurrency polymath Eric Trump has said that President Trump’s consistent advocacy of a Federal Reserve interest rate cut could push up cryptocurrency prices significantly. A rate cut would make interest-bearing safe assets less attractive. It would prompt investors to turn to speculative assets such as stocks and Bitcoin (BTC-USD).  Historically, cryptocurrencies typically rise during easing cycles, albeit not in a straight line. A rate cut could trigger a short-term rally. It could also signal economic weakness, which could drag down the performance of risky assets. In Eric Trump’s view, the digital asset industry is here to stay for the long haul. From there, the existence of proven cloud mining platforms has high benefits. What is Cloud Mining? XiuShan Mining cloud mining is a way to allow users to mine cryptocurrencies by renting computing power (arithmetic). A third party provides that computing power. Besides, users don’t need to purchase expensive mining equipment or perform technical maintenance themselves.  Users simply purchase a certain number of arithmetic contracts from the specialized XiuShan Mining cloud mining platform. That’s responsible for purchasing, deploying, operating, and maintaining the equipment, including power supply and technical management. Users can receive cryptocurrency revenue generated by mining on a pro rata basis according to the arithmetic power and lease term.  How Does Cloud Mining Work? Rented Arithmetic: Users select and purchase arithmetic contracts on the XiuShan Mining platform, which are typically measured in terms of hash rates (e.g., giga-hashes per second) that determine the amount of mining power. Mining Operations: XiuShan Mining uses its large mining facilities in remote data centers to validate blockchain transactions using the arithmetic power rented by users to solve complex mathematical problems. Distribution of Revenues: Cryptocurrency revenues generated by mining are distributed to users on a regular basis…

PANews reported on November 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin has still risen by 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."