Bitcoin's Impact on Monetary Evolution
Bitcoin's Impact on Monetary Evolution
Bitcoin has challenged central banks, empowered individuals, and redefined trust in finance. The 100 Days of #Bitcoin & Monetary Evolution series explores the historical context of money, from the use of precious metals to the rise of digital banking, leading up to the current paradigm shift caused by Bitcoin.
100 Days of #Bitcoin & Monetary Evolution, Day 10! Digital Banking: With the rise of computers, banking shifted to digital ledgers, reducing reliance on physical cash.
100 Days of #Bitcoin & Monetary Evolution Day 8: Bretton Woods Agreement ⚖️ Post-World War II, 44 countries agreed to peg their currencies to the US dollar, backed by gold.
100 Days of #Bitcoin & Monetary Evolution, Day 14 💵 Global Reserve Currencies 💶 The US dollar and the euro became dominant global reserve currencies, influencing economies everywhere.
100 Days of #Bitcoin & Monetary Evolution - Day 3 Gold and Silver: Precious metals gained prominence due to their durability and intrinsic value. So much so that they’re still used as monetary instruments today.
Day 22 of 100 Days of #Bitcoin & Monetary Evolution Shift in Paradigm 💥 Bitcoin challenged central banks, empowered individuals & redefined trust in finance. Tomorrow, we’re getting into bitcoin basics #staytuned!
100 Days of #Bitcoin & Monetary Evolution - Day 9 Nixon Shocks: In 1971, the US abandoned the gold standard, leading to fiat currencies detached from physical commodities.
100 Days of #Bitcoin & Monetary Evolution Day 5: Paper Money 📜 Around the 7th century, Chinese merchants dared to trade with paper. This lightweight innovation, though fragile, was a quantum leap in monetary technology.
Kraken Lists Multiple New Tokens in Q1-Q2 2025
Kraken continues its expansion with several new token listings in early 2025. Recent additions include: - **HMSTR** (Hamster Kombat) - April 21 - **ARC** (Arc) - April 17 - **ALCH** (Alchemist AI) - April 17 - **WCT** (WalletConnect) - April 15 - **SSV** (SSV Network) - April 14 All new listings feature enabled deposits and withdrawals, with trading available immediately upon listing. Geographic restrictions apply to all offerings. [View trading details](https://kraken.com/listings)
Kraken Lists BNB Chain Token with Geographic Restrictions
Kraken exchange announces the listing of BNB token from BNB Chain, scheduled for April 22 at 1400 UTC. Key details: - Deposits and withdrawals functionality enabled - Markets currently in post-only mode - Geographic restrictions apply to certain users Traders can prepare by making deposits through [Kraken's deposit portal](https://p.k.xyz/9f1e/e4rc0jcn). This listing follows Kraken's recent expansion, including the addition of kBTC on the Ink network.
Canada Approves First Solana ETF, Making History
Key crypto developments this week: - Security breach results in $5M hack - Trading incident leads to $9.7M loss - Canada makes history by approving first Solana ETF Market updates: - BTC encounters resistance at $85k level - SOL gains 5% following ETF news - XRP rises 10% after SEC lawsuit dismissal Technical developments: - Ethereum launches Hoodi testnet focusing on DeFi improvements - Cathie Wood advances crypto education initiatives in El Salvador For detailed market analysis and insights, subscribe to [Kraken Digest](https://k.xyz/krakendigest)
Ethereum Berlin Upgrade Anniversary
Today marks two years since the **Ethereum Berlin upgrade** was activated at block 12,244,000 on April 15, 2021. The upgrade delivered key improvements: - Optimized gas cost calculations - Enhanced support for multiple transaction types - Increased network efficiency This update was part of Ethereum's ongoing evolution, following earlier improvements like the Constantinople upgrade which reduced mining rewards and prepared for proof-of-stake transition. *Learn more about Ethereum's technical milestones at [ethereum.org](https://ethereum.org/history)*
Complete Guide to Sending & Receiving Cryptocurrency Safely
A comprehensive guide for first-time crypto transfers: - **Wallet Basics**: - Hot wallets: Online, convenient but less secure - Cold wallets: Offline, maximum security - **Critical Safety Steps**: - Always copy-paste wallet addresses - Double-check recipient details - Verify correct blockchain network - Send test transactions first - Monitor transaction fees - **Security Best Practices**: - Enable 2FA - Never share private keys - Use hardware wallets for large amounts - Verify all transaction details Alternative: Kraken Pay offers fee-free transfers between Kraken accounts using email/phone/Kraktag. [Full guide available here](https://k.xyz/3FN3d3x)