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Brazil's House of Representatives Proposes National Bitcoin Reserve

Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.

Gustavo Mendoza

7 minutes ago

CryptoQuant Report Indicates XRP Trading Volume Stabilization

A recent CryptoQuant report analyzes XRP trading volume, indicating a balance between buyers and sellers.

Rajesh Kumar

2 hours ago

Analysts Highlight Key Indicators for Bitcoin's Market Bottom

Analysts highlight significant price-based benchmarks indicating Bitcoin is in a long-term accumulation phase, with key indicators suggesting a favorable position for long-term investors.

Miguel Rodriguez

3 hours ago

Political Dynamics Threaten Progress of Clarity Act

Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.

Luis Flores

7 hours ago

What is EcoFi?

EcoFi is an open-source, permissionless, and censorship-resistant protocol built to power safe and responsible innovation in the Decentralized Finance (DeFi) space. The EcoFi protocol is designed to equitably disburse value among system participants through a unique infrastructure hinging on infinite scarcity, made possible due to the unique mechanics of EcoFi's distribution mechanism. This is achieved by staking ECO tokens through the EcoFi protocol to mint SPRT tokens. SPRT tokens can be used to purchase digital goods from an ecosystem connected to the EcoFI Platform comprising numerous marketplaces. The first such marketplace will be the HyperObject FINE ART NFT Gallery, a one-of-a-kind digital art gallery featuring FINE ART NFTs backed by distinct physical editions. Once the marketplace is sufficiently stable, EcoFi will transition to a DAO governance model.