The post A Surprise Ethereum (ETH) Move Comes from a Country That Surprised With Its Bitcoin Assets! Vitalik Buterin Joins! appeared on BitcoinEthereumNews.com. A new move came from Bhutan, the South Asian country that stands out with its support for Bitcoin (BTC) and cryptocurrencies. Bhutan, which has been quietly making moves into cryptocurrency, recently moved its national ID system to Ethereum. Accordingly, Bhutan is migrating its self-sovereign identity (SSI) system, covering approximately 800,000 people, from its previous base, Polygon (POL), to the Ethereum (ETH) blockchain. The technical integration with Ethereum has been completed, and the full migration of all credentials is scheduled to be completed in the first quarter of next year. While Bhutan is the third country to implement a blockchain-based national ID system, currently only a few countries, such as Brazil and Vietnam, have partially adopted similar systems. Ethereum co-founder Vitalik Buterin and ETH Foundation President Aya Miyaguchi attended the launch ceremony. Miyaguchi stated that this is the world’s first national-level Ethereum identity integration. “The country’s commitment to granting its citizens a self-governing identity is very impressive. This integration is a world-first initiative and a step toward an open and secure digital future. This move represents not only a national achievement but also a global step toward a more open and secure digital future in the long term,” said Aya Miyaguchi. Bhutan has been running its ID system on Polygon since August 2024, and on Hyperledger Indy before that. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/a-surprise-ethereum-eth-move-comes-from-a-country-that-surprised-with-its-bitcoin-assets-vitalik-buterin-joins/The post A Surprise Ethereum (ETH) Move Comes from a Country That Surprised With Its Bitcoin Assets! Vitalik Buterin Joins! appeared on BitcoinEthereumNews.com. A new move came from Bhutan, the South Asian country that stands out with its support for Bitcoin (BTC) and cryptocurrencies. Bhutan, which has been quietly making moves into cryptocurrency, recently moved its national ID system to Ethereum. Accordingly, Bhutan is migrating its self-sovereign identity (SSI) system, covering approximately 800,000 people, from its previous base, Polygon (POL), to the Ethereum (ETH) blockchain. The technical integration with Ethereum has been completed, and the full migration of all credentials is scheduled to be completed in the first quarter of next year. While Bhutan is the third country to implement a blockchain-based national ID system, currently only a few countries, such as Brazil and Vietnam, have partially adopted similar systems. Ethereum co-founder Vitalik Buterin and ETH Foundation President Aya Miyaguchi attended the launch ceremony. Miyaguchi stated that this is the world’s first national-level Ethereum identity integration. “The country’s commitment to granting its citizens a self-governing identity is very impressive. This integration is a world-first initiative and a step toward an open and secure digital future. This move represents not only a national achievement but also a global step toward a more open and secure digital future in the long term,” said Aya Miyaguchi. Bhutan has been running its ID system on Polygon since August 2024, and on Hyperledger Indy before that. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/a-surprise-ethereum-eth-move-comes-from-a-country-that-surprised-with-its-bitcoin-assets-vitalik-buterin-joins/

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more