Source: india today
The official website of the Kataeb Party leader
Security & Justice
Report: Israel Plans Wider Strikes on Hezbollah Targets
The Israeli military is reportedly gearing up for large-scale airstrikes in multiple regions across Lebanon, Israel's Channel 14 reported on Friday.
Friday, November 22, 2024
UNIFIL Denies Report of Convoy in Baalbek
UNIFIL spokesperson Andrea Tenenti issued a statement to the National News Agency, correcting inaccurate information reported by a media outlet.
Thursday, November 21, 2024
Opinion
Lebanon's Economy—Not Battlefield—May Have the Final Word
Time and again during this most recent war in Lebanon, we hear the phrase, “The battlefield has the final word”. It has become the sole and wholly unsatisfactory refrain of Hezbollah and the so-called 'Axis of Resistance'.
Wednesday, November 20, 2024
Flying Above the Bombs, a Lebanese Airline Becomes an Unlikely National Hero
It used to be like almost any other national carrier, fielding gripes about flight delays, ticket prices and bad food.
Wednesday, November 20, 2024
Sports
Alcaraz Beats Rublev to Open ATP Finals Account
Carlos Alcaraz opened his account at the ATP Finals on Wednesday with an entertaining 6-3, 7-6 (10/8) win over Andrey Rublev which boosted his hopes of reaching the semifinals.
Wednesday, November 13, 2024
Ecuador's Angulo, 22, Dies a Month After Car Crash
Ecuador international Marco Angulo has died at the age of 22 just over a month after being seriously injured in a car crash, his club has announced.
Tuesday, November 12, 2024
Tuesday 6 July 2021 18:50:50
Bitcoin Was Not the Most Exchanged Cryptocurrency Last Week, for the First Time
Bitcoin has been the baton holder for cryptocurrency market for a long time, but its position as the ultimate crypto is in danger for the first time. Ethereum has outpaced Bitcoin in the total number of transactions last week, for the first time. The crypto also saw more daily active addresses which is basically the active number of participants of Ether. The data indicates that more and more investors are moving towards Ethereum, and it may soon be able to close down the gap on Bitcoin.
The transaction data was confirmed by Santiment, a crypto analytics company, which tweeted that Ether (the official currency of the Ethereum network, and the second oldest major token that's still around) created history, surpassing Bitcoin for the first time in daily active addresses.
Notably, Bitcoin is seen as an alternate to Gold while Ethereum is looked at as a supercomputer on which other cryptos can be based. Ethereum creators have already confirmed that they are also working on an energy efficient successor to the crypto which may launch later this year.
The more interesting data here is that while the number of active addresses with Ether have gone up, there is a decline in the same for Bitcoin. This suggests that Bitcoin investors have started looking at other cryptocurrencies as long term options.
Some reasons could include China’s crackdown on Bitcoin mining and environmental concerns raised around the crypto from multiple people, including Elon Musk who confirmed that his car making company Tesla will not accept payments in Bitcoin until it comes more energy efficient. However, neither Musk or Tesla have sold their Bitcoin holdings so far.
The crypto enthusiasts still believe that Bitcoin will bounce back from the current dip as it has in the past. The coin has been around for almost a decade now and has stood the test of time. However, this is the first time that it is being challenged by another crypto. It will also be interesting to see if Ethereum is able to maintain the momentum it has achieved in the past few days.