El Salvador made Bitcoin legal tender on June 9, 2021.1 It is the first country bitcoin halving for dummiesto do so. The cryptocurrency can be used for any transaction where the business can accept it. The U.S. dollar continues to be El Salvador’s primary currency.
Users can delegate their tokens to a staking pool that will, for a fee, participate in the network’s Proof-of-Stake consensus on behalf of the delegator. Or rudifficulty selling bitcoinn a node themselves and directly participate in consensus. Staking rewards.com describes the complexity of Delegating SOL to a staking pool as ‘easy’. Wallets like SOLflare.com allow for allocation to a pool within minutes and rewards are automatically compounded. It describes the complexity of running your own Solana validator node as ‘professional’. There are very high hardware requirements, validators also need to put up to 1.1 SOL per day to pay for vote transactions.The percentage of available SOL being staked is 76.6%. There has been a sharp increase in new stakers to the network in the last 30 days. Indicating a shift in sentiment of SOL holders with deeper commitment to lock in held assets to the network. Staking to the Solana network requires locking up assets for at least 5 days.
Brave New Coin lead analyst Josh Olszewicz analyzed the Solana network and the price of the SOL token on September 8th. Josh backs the blockchain’s staking mechanism and burgeoning smart contract as value lockers and funnels to drive new entrants into Solana and SOL. On the technical side, Josh describes current volumes on Solana as “insane.” He says that while bullish continuation is possible it is more based on hope than it was a month ago. It would require more spikes in volume and euphoria from bulls to support further price all time highs.Solana is a new blockchain platform network that has found product market fit in 2021. Solana has attracted headlines after news that Solana Labs, the development team that manages the Solana chain technology, had raised US$314 million of new funding. The money will be used to develop technology in the Decentralized Finance (DeFi) space. The funding round was led by prominent Silicon Valley VC firm Andreessen Horowitz, and crypto-specific hedge fund Polychain Capital.Discussing the project after the raise, Alameda Research CEO and long term Solana backer Sam Bankman-Fried said the project has “the most ambitious tech road map of any blockchain, and they’ve been making impressive progress on it. It’s a blockchain that has the potential to support a DeFi ecosystem with world-scale activity.”Despite being attached to the 6th largest asset in crypto, Solana is a new project that has only shown glimpses of what it is really capable of. Its Dapp ecosystem is nascent and most of what has been built is closely based on an Ethereum blueprint.These somewhat unoriginal Dapps, however, are fast, cheap, and easy to use. They offer some of the best UX in crypto. Solana also has one of the best experiences for stakers in the space. This is indicated by the increasing commitment of SOL holders to stake in the network.
The network remains relatively decentralized, it has big-name VC backers and influencers endorsing it as the future and it continues to attract developers to build on it. It ticks all the boxes and the only question now is if this ongoing momentum can be maintained.
Price was capped inside a massive falling wedge. It broke out on the day of the Coinbase listing, retested the wedge, and now has to reclaim the 200 ema as a next step for better valuations.The breakout is better visual at the 4H time frame. First, price deviated / trapped below the wedge. Then the Coinbase pump came, price retested the wedge and the 200 ema and so far it held. However, a lower high seems to be printed here, so bulls better step in to carry it higher.Shiba Inu saw a massive pump in the month of May but also retraced in the weeks after. Ever since then, the price is trapped inside a range. The Coinbase pump was short lived, and the price came back down again.
Justin Trudeau's Liberal Party has narrowly won Canada's election, but it failed to secure a majority.This is Mr Trudeau's third federal election win, but his critics say the poll was a waste of time.
The Liberals are projected to win 156 seats, short of the 170 seats needed for the majority Mr Trudeau was seeking with his early election call.The Conservatives have held onto their main opposition status and are expected to win about 122 seats."There are still votes to be counted but what we've seen tonight is millions of Canadians have chosen a progressive plan," Mr Trudeau told supporters in Montreal in the early hours of Tuesday morning."You elected a government that will fight for you and deliver for you," he said.
A failed gamble for TrudeauThe election, which took place during a fourth pandemic wave in Canada, was the most expensive in the country's history, costing some C$600m ($470m; £344m).The projected results suggest a parliament strikingly similar to the one elected just two years ago in 2019.The snap election call, sending Canadians to the polls for the second time in two years, was widely seen as a bid by Mr Trudeau to secure a majority government and he struggled to explain why a campaign was necessary. Conservative leader Erin O'Toole called it a waste of time and money.
"Canadians sent him back with another minority at a cost of $600m and deeper divisions in our great country", he told reporters.Mr Trudeau maintained that the election gave the incoming government a clear mandate in moving forward.
But controversy over three instances of him wearing blackface and brownface - widely accepted as racist caricatures - resurfaced in the election campaign.Separately he was also heckled by anti-vaccine protesters on the campaign trail, with some shouting they would refuse the Covid-19 jab.
While questions will inevitably be raised about Mr Trudeau's political future, Liberal MP Pablo Rodriguez told journalists early in the evening that no matter the outcome, he had "100% confidence" in him as Liberal Party leader."And all the members of the party do as well," he said.The country's left-wing New Democrats (NDP), which ran on a "tax the ultra-rich" message with leader Jagmeet Singh trying to tap into progressive voters frustrated with the Liberals, looks to have picked up a small number of seats.Vote counts will continue to trickle in over the coming days as elections officials tally the roughly one million mail-in ballots cast this election, and current seat tallies are still to be finalised.For the Conservatives, the result is a disappointment for new party leader Erin O'Toole, who ran on a centrist message in a bid to expand the party's base of support.Like in 2019, the party is projected to have won the popular vote. But the first-past-the-post system - awarding victory to the candidate with most votes in any given constituency - means that has not translated to seats won.
Speaking to party faithful in Oshawa, Ontario, a defiant Mr O'Toole pitched his vision for a bigger Conservative tent, saying: "Our party needed the courage to change because Canada has changed."He urged supporters not to waiver from the commitment to grow the party's base, acknowledging that "clearly there is more work for us to do" in setting the stage for a better showing in the next campaign.
Election night - as it happenedTrudeau - a life in politics
The man who hoped to topple TrudeauConservative strategist Jason Lietaer told journalists at party headquarters that there's reason to keep Mr O'Toole on as leader despite his failure to secure them a victory.
"He's gone from unknown to contender in just a few weeks," Mr Lietaer said. "O'Toole was a huge underdog. To be within a few points is something we're all proud of."While minority governments are common in Canada, coalitions are extremely rare and Mr Trudeau will need to compromise with opposition parties to pass legislation.The NDP are likely to be kingmakers in this new parliament, and could help the Liberals to survive key confidence votes and get their policies through.Mr Singh, the NDP leader, speaking in Burnaby, British Columbia, noted he had secured concessions from Mr Trudeau in the last parliament.
He said he had a laundry list of priorities this time around, and vowed to push for action on climate change, affordable housing, and healthcare."You can be sure if we work together we can build a better society," he said.
The night saw setbacks for both the Green Party and the People's Party of Canada (PPC).New Green leader Annamie Paul was badly defeated in her efforts to secure a seat in Toronto, after she struggled with internal party divisions that threatened her leadership.
"I am disappointed - it is hard to lose, no one likes to lose," Ms Paul said as she thanked supporters.Still, the party is still projected to send at least two members of parliament to Ottawa.
The PPC failed to secure any seats despite a late surge as its populist leader tapped into a vein of anger among some Canadians over vaccine mandates and lockdown measures, but did increase its overall vote share.A third Russian faces charges over his alleged involvement in the 2018 Salisbury poisonings, which left three people critically ill and one dead.Prosecutors have authorised charges against Denis Sergeev in the Novichok attack on former double agent Sergei Skripal and his daughter Yulia.Dawn Sturgess died after the poisoning and a police officer was badly injured.
Police also confirmed they believe the suspects in the case belonged to a Russian military intelligence team.Security sources believe Sergeev acted as the on-the-ground commander for the operation and was the senior member of the team from Russia's GRU.
He has also been linked to other covert activity across Europe.On 2 March 2018, the alleged GRU hit team came to the UK.
Two men, using the names Alexander Petrov and Ruslan Boshirov, arrived in the afternoon at Gatwick airport. Police have now for the first time confirmed their real names as Anatoliy Chepiga and Alexander Mishkin.The third man, Denis Sergeev, using the name Sergey Fedotov, had arrived at Heathrow airport earlier that day at 11:00 GMT.