Going Crypto Makes Sense for Elon Musk’s X While X, the platform formerly known as Twitter, has made a turn to share some of its earnings with its users, the lack of a genuinely universal payment method – like crypto – means users of countries such as Russia and Venezuela are excluded from getting these benefits, disrupting Elon Musk’s intentions of incubating a global content ecosystem. Elon Musk’s X Seeks to Open an ‘Entire Financial World’While the acquisition and transition of X, the platform formerly known as Twitter, to the hands of Elon Musk, tech visionary, and eccentric millionaire, has not been without its hiccups, it’s undeniable that Musk’s vision has changed the direction of the company – for good or otherwise, depending who you ask to. The legacy Twitter, commandeered by Jack Dorsey, felt like more of a traditional Nasdaq-listed company with processes carried out by company employees, and users were separated from it. Musk has tried to scrap this notion, having a more close-to-the-user approach and introducing the idea of rewarding content providers with part of the revenue received by the company using this content as the hook. This is nothing new, as monetization has been implemented widely in the content industry; however, X seems to want to do it in the most universal way possible.

CZ Says News of Exec Departures at Binance Is FUD Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading platform that has affected its market share. CZ Comments on Executives Leaving Binance Amid Regulatory CrisisChangpeng Zhao, founder and CEO of the world’s largest cryptocurrency exchange, defended his company in the face of what he called “more FUD about some departures.” In a tweet posted after it became clear that several executives are leaving, CZ highlighted the remarkable growth of the crypto firm in a few years’ time and assured it continues to hire. 4. Another day, another FUD. On rumors of layoffs.

Coinbase’s Legal Chief To Testify Before US Congressional Committee Paul Grewal, the Chief Legal Officer at Coinbase Global Inc. is set to testify before the United States House Committee on Agriculture later today. As the legal chief for the largest crypto exchange in the United States, Grewal will emphasize the need for clear regulations for the crypto industry. The lawyer will also underscore the importance of the Digital Asset Market Structure discussion draft, which was introduced by House Republicans last week. Coinbase: Proposed Bill Needed For Balanced Crypto RegulationsPaul Grewal took to Twitter recently to inform his followers about his upcoming appearance on Capitol Hill. The Coinbase executive also shared a summary of the testimony that he plans to deliver before the Congressional committee. Grewal stated that he will use the opportunity to present his company’s views on the Digital Asset Market Structure Discussion Draft, which was unveiled by House Agriculture Committee Chairman G.T. Thompson and Financial Services Committee Chairman Patrick McHenry last week. Grewal stated that his testimony would revolve around three key topics: The U.S. falling behind due to a lack of clear regulations leading to the departure of crypto innovation, Crypto is solving real-world problems, and a clear path is needed in order to protect responsible innovation, and that the Digital Asset Market Structure bill is a strong step towards regulatory clarity for the crypto industry.

‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention: • Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo. • Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd. Launched? May 29th • Results so far? 750 holders, $3.5m market cap. • CEX listing? First listing on MEXC today at 12pm UTC. • Next CEXs? They are in contact with Bybit, Huobi, OKX • Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS. DYOR, but from my side, this might be a massive pump. Don't forget to thank me later. 🧿 Rating: coinmarketcap 💰 Buy: uniswap, mexc 🐦 Follow: twitter

FTX Gets Bankruptcy Court’s Approval To Sell LedgerX For $50 Million The U.S. Bankruptcy Court for the District of Delaware has approved the sale of FTX’s non-bankrupt crypto derivatives exchange LedgerX. The bankruptcy court’s approval comes less than two weeks after the defunct crypto exchange announced that it had reached an agreement with an affiliate of Miami International Holdings to sell LedgerX in a multi-million dollar deal. FTX Will Sell LedgerX To M7 HoldingsThe bankruptcy hearing for the proposed sale was streamed live on Youtube earlier today. Bankruptcy Judge John Dorsey gave FTX the green light to sell its LedgerX business to M7 Holdings LLC for $50 million. The buyer is an affiliate of Miami International Holdings, which owns and operates several exchanges, including the Bermuda Stock Exchange and the Miami International Securities Exchange. FTX announced on April 25, 2023, that it had entered into an interest purchase agreement with M7 Holdings LLC to offload LedgerX. The agreement to offload the crypto derivatives exchange came after a comprehensive sale process that saw participation from multiple bidders including popular crypto exchange OKX. At the time, FTX stated that the deal with M7 was subject to approval from the Delaware bankruptcy court as well as the U.S. Commodities and Futures Trading Commission.

Dogecoin Whales Accumulate 1,470,000,000 DOGE in Three Months As Top Memecoin Shows Decoupling Signs: Santiment A leading analytics firm says whales are loading up on Dogecoin (DOGE) as the top memecoin flashes signs of breaking away from the rest of the crypto markets. Market intelligence firm Santiment says that Dogecoin whales, or addresses holding over 10,000,000 DOGE, are in the process of gobbling up large stacks of the leading meme crypto asset.

Polygon Hits It Big With New Web3 ID Service Based on Zero-Knowledge Proofs The Sandbox is among the blockchains already using the technology.Polygon ID is applicable in under-collateralized lending and e-commerce.Polygon, Ethereum’s layer-2 scaling solution, has launched a decentralized identity solution that provides the tools for developers to create self-sovereign, decentralized, and private identity solutions enabled with zero-knowledge proofs. Polygon ID went live on March 1 as an open-source licensed platform that is entirely self-service. According to the project developers, the integration of the zero-knowledge proofs allows users to verify credentials without revealing their data.

Former High-Ranking SEC Official Blasts Crypto Lender Nexo’s $45,000,000 Settlement Deal With US Regulator A former high-ranking executive of the U.S. Securities and Exchange Commission (SEC) is calling out crypto lender Nexo’s multimillion-dollar settlement with the regulatory agency. According to a new press release, Nexo has agreed to a settlement deal with the SEC for selling unregistered securities that will see it paying the regulatory body $22.5 million.

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid SanctionsThe Central Bank of the Russian Federation (CBR) has allowed issuers of digital financial assets (DFAs) not to disclose information sensitive in the light of sanctions risks. The exemption, valid until July 1, 2023, concerns data revealing the beneficial owners of such entities. According to an announcement quoted by Russian crypto media, the temporary reporting relief is part of a package of measures meant to help persons and organizations operating within the Russian financial market infrastructure.

Cyprus Regulators To Suspend FTX EU Crypto License Summary: FTX stands to lose its crypto license issued by financial regulators in Cyprus, Bloomberg said on Friday.The license allowed Sam Bankman-Fried’s exchange digital asset services across European markets and jurisdictions.Friday’s suspension joined several shocking developments that have emerged since FTX’s sudden collapse rocked crypto investors and institutions alike.FTX, Sam Bankman-Fried’s trouble cryptocurrency exchange, might lose its European digital asset license as Cyprus regulators mull the decision in the wake of spreading contagion. In July, the Cyprus Securities and Exchange Commission (CySec) approved FTX for an “operational license”. The regulatory nod allowed SBF’s exchange to offer its services across markets in Europe. A regional headquarters in Switzerland was announced alongside the regulatory victory, EthereumWorldNews reported at the time.

Google Chooses Coinbase To Power New Crypto Payment Tool for Cloud Services: Report Tech giant Google is reportedly partnering with crypto exchange Coinbase to allow its users to pay for cloud services with crypto assets. In early 2023, the Google Cloud Platform will begin accepting cryptocurrency payments using the Coinbase Commerce service from select Web 3.0 developers, according to CNBC.

Hedge Fund Veteran Mark Yusko Doubles Down on $250,000 Bitcoin Prediction Despite Steep Correction – Here’s Why The managing partner of cryptocurrency hedge fund Morgan Creek Digital is not backing down on his big Bitcoin (BTC) prediction. In a new Altcoin Daily interview, crypto trader Austin Arnold asks Mark Yusko if his prediction from last year that Bitcoin could hit $250,000 in half a decade still stands. According to the hedge fund veteran, Bitcoin skyrocketing to $250,000 seems “easy” to him but notes that the “timing is harder.”

Iran Starts Licensing Crypto Miners Under New Regulatory Framework The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework approved last week. The authorities previously issued licenses to a number of crypto mining operations but halted the process due to power consumption and illegal mining issues. Iran Resumes Issuing Licenses to Crypto MinersThe Iranian government approved a set of “comprehensive and detailed” crypto regulations during a meeting last week that include provisions for crypto mining.

‌Get a piece of NFT land in the Crypto Soul World metaverse! Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

FREE NFT GIVEAWAY! Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community. Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

Get a free NFT land in the new metauniverse RIGHT NOW! Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance. CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch. When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched! Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants. The metauniverse is scheduled to launch on September 1.

Harmony Team to Return to the Drawing Board After Plan to Mint Billions of ONE Causes a Stir in the Community Summary: Harmony founder, Stephen Tse, has responded to community concerns over the recent reimbursement proposal involving the minting billions of ONE.Mr. Tse states that he has noted the community’s suggestions and met with the team to discuss a way forward.The Harmony team will return to the drawing board to develop additional proposals.The team at Harmony (ONE) has announced via Twitter that the project’s founder, Stephen Tse, has provided the community with a response to their concerns regarding the reimbursement proposal that involves the minting of billions of ONE to compensate those affected by the $100 million hack. #HarmonyONE founder Stephen Tse provided the community with a response and next steps on the recent proposal.

Crypto Winter Hits Huobi as the Exchange is Rumored to Lay Off 30% of its Workforce Summary: The crypto exchange of Huobi is reportedly planning layoffs that will exceed 30% or more of its current employees.Huobi cites a reduction in revenue due to the ongoing crypto market drawdown and its exit from mainland China as the main reasons behind the move.The crypto exchange of Huobi Global is reportedly looking to lay off 30% or more of its staff. According to the team at WuBlockchain, Huobi cites a reduction in revenue due to its exit from mainland China as the main reason for the planned move to lower the number of its employees. EXCLUSIVE: Cryptocurrency exchange Huobi will start layoffs, which may exceed 30%. The main reason is the sharp drop in revenue after the removal of all Chinese users. Previously, Bybit also announced a layoff plan. pic.twitter.com/jbRG2Aew5G

LBank Weekly Listing Report, 27th June 2022 As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 27th June. For a more complete list please follow our twitter @LBank_Exchange

Datamall Chain Pioneers Web3 Data Storage Datamall Chain is a project that is leading the way in web3 data storage. The project is part of the larger Decentralized Storage Exchange Network and is committed to breaking the barriers between the various decentralized storage service markets. It also seeks to build a secure data storage bridge for decentralized storage services, as well as provide a free, real, secure, and efficient data storage infrastructure for Web3.

Coinweb is one of the most promising projects Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

Starbucks to Venture into Web3 by Launching NFTs Later this Year Quick take: Starbucks plans to build its own NFT collection, building a community on an environmentally sustainable Web3 platformThe company will start by launching its first NFT collection based on coffee art and storytelling later this yearStarbucks is potentially looking for a new CEO who understands the potential of NFTs and Web3Starbucks, the American multinational chain of coffeehouses and roastery, has announced plans to enter the Web3 space by launching its own NFT collection later this year. Furthermore, the individual NFTs will provide their owners with access to exclusive content experiences and benefits. The company said: We plan to create a series of branded NFT collections, the ownership of which initiates community membership, and allows for access to exclusive experiences and perks.

Magic Eden To Integrate Tokens Of Hot Solana NFT Projects DeGods and Aurory Magic Eden, one of the leading Solana NFT marketplaces, is gearing up to expand its portfolio and has announced that it will now accept crypto tokens of top Solana projects such as DeGods and Aurory. Users will now be able to use $DUST and $AURY crypto tokens to make NFT purchases on Magic Eden. Furthermore, these tokens will have a similar utility as the SOL token, which can be utilized by users on the platform to buy Solana NFTs from any collection listed on Magic Eden.

Ethereum Rival Terra (LUNA), Cosmos (ATOM) and Three Additional Altcoins Bullish for This Month: Crypto Strategist A widely followed crypto analyst is naming Terra (LUNA), Cosmos (ATOM) and three additional crypto assets as his top altcoin picks for the month of March. Trader Jason Pizzino tells his 261,000 YouTube subscribers that decentralized finance (DeFi) payment network Terra looks strong after rallying from a low of $43 to nearly $100 in a little over a month.

Crazy Horse 3 Says “Yes” to Crypto Payments Crazy Horse 3 – a strip club in the middle of Sin City (that’s Las Vegas, Nevada) has agreed to accept crypto payments for lap dances and many of the club’s services. Crazy Horse 3 Is Willing to Accept CryptoThe whole point of crypto was to be able to pay for everyday items and services. Many digital assets – such as bitcoin – were initially created to push things like credit cards, checks, and fiat currencies to the side, though this has been an extremely slow journey given that these assets have shown themselves to be quite volatile. As a result, many companies have said “no” to crypto payments throughout the years given that they do not want to risk losing profit, and to a certain extent, we can’t really blame them. Consider the following scenario: a customer walks into a store and wants to buy $50 worth of merchandise with bitcoin. For one reason or another, the store does not convert the crypto into fiat right away. About 48 hours go by, and the price of bitcoin goes down, causing that $50 to turn into $30. While the customer gets to keep everything they bought, the store winds up losing $20 in profit. Is that a fair situation? Not everyone thinks so.

Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit PRESS RELEASE. ESTONIA — 03 FEBRUARY 2022 — Yield App, a FinTech company and digital asset wealth management platform, has published its 2021 Q4 report, showing the firm continuing on a strong growth trajectory that saw its managed assets grow by 40% from Q3 to reach $475 million. In addition, the platform has published the results of an inspection by leading global auditor Armanino that shows its assets firmly in the black. The firm, which recently celebrated the launch of a revamped “V2” platform, said managed assets increased by 40% from $339.4 million at the end of September to $475 million by 31 December. This marks a bold first year for the passive income provider following its public launch in February 2021 and which has included a heavy-weight partnership with UK premier league football club West Ham United.

Bitcoin Analyst PlanB Unwavering On S2F and Floor Models Despite Growing Criticism Renowned Onchain Analyst PlanB is facing mounting criticism directed at his Bitcoin Stock to-flow cross-asset models after his prediction for a $135,000 floor price before the end of 2021 showed no signs of success. According to a section of netizens, the models have been marred by various irregularities. Although there has been ongoing criticism since the models’ publication in March 2019, the most glaring of all disapprovals came in after PlanB predicted that Bitcoin’s price was poised to tap $98,000 in November and $135,000 by December.

The Biggest Bitcoin Price News of 2021 As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year?But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better understand the trends that occurred in 2021. For the most part, 2021 has been a solid year for bitcoin’s price. The world’s number one digital currency by market cap started out the year on a hefty note, trading for well over $20,000. Who knew that things would eventually take an even greater turn, as through the first half of 2021, the currency incurred additional spikes? This made everyone believe that the early ugliness associated with 2020 and the coronavirus pandemic were officially over.

The Next Move For Jack Dorsey After Stepping Down From Twitter Is To Fully Immerse Himself In Bitcoin Jack Dorsey steps down from his role as Twitter CEO leaving him with spare time. Analysts have pointed out that the allure of cryptocurrencies was simply hard to resist for the ex-twitter CEO. From Twitter To BitcoinIn an internal memo to the Twitter team, Jack Dorsey made known his decision to step down from his role as company CEO. he revealed that company CTO, Parag Agrawal will become the new CEO while Bret Taylor will become the board chair. Being a known Bitcoin believer, it is difficult to imagine Jack Dorsey working on something different aside from Bitcoin. “If I were not at Square or Twitter, I’d be working on bitcoin,” said Dorsey at a Bitcoin conference this year. “If it needed more help than Square or Twitter, I would leave them for Bitcoin.”

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Bitcoin Needs To Pull Back Hard This Weekend in Order To Rally Next Week, Says Crypto Analyst Tone Vays A popular crypto analyst thinks that Bitcoin (BTC) is due for a quick pullback soon if traders want to see higher highs next week. In a new market update, crypto analyst Tone Vays tells his 115,000 YouTube subscribers that BTC could break out once it breaches $63,000. But he’s expecting a move down to the $55,000 region first. “I’m not too thrilled with this. However, we can now lower our breakout area to $63,000. If the price of Bitcoin goes above $63,000, we’re gonna break the prior swing high ($66,900). Now what I really wanna see is one more pullback down. I wanna see us pull back this weekend, hard. Pull back right into $55,000, and then bounce right off of that.”

Teenage Boy Is Kidnapped After Talking About BTC Returns Online People will go through great lengths to get their hands on cryptocurrency. After all, assets are booming like they never have before, and bitcoin is on the verge of once again hitting $64,000 per unit, which was the new all-time high it achieved in April of this year. However, who would be nasty enough to kidnap someone over it? This is the situation at hand as a 14-year-old boy was taken against his will after talking about his growing crypto stash on social media. The Boy Made a Lot of Money; Others Wanted ItThe boy is remaining anonymous at the time of writing, though reports have mentioned that he hails from England. He was stepping out of a restaurant in the town of Bradford when he was confronted by a gang of kidnappers who seized him, covered his mouth so he couldn’t call for help, and then shoved him into a nearby vehicle. Muhammed Khubaib – the 22-year-old owner of the vehicle – reportedly punched the boy in the face with a sand-filled glove. The kidnappers then told the boy that he needed to call his mother and that she would need to pay a ransom of roughly 10,000 pounds or else her son “wouldn’t be going home.” After a bit of negotiation, Laura McBride – the boy’s mother – got the kidnappers to agree to a 900-pound payment. The boy was then returned.

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​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI. 💵💵💵 Closed deal FTM/USDT Open: $0.26867, 06.08.2021 Close: $1.3955, 08.09.2021 Profit: +419.41% Duration: 33 days 💵💵💵 What Is FTM? Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019. The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself. Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts. The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms. Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.” Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents. Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.

Former Tech Mogul and 25 Others Arrested in Alleged Massive Trading Scheme Involving Crypto: Report A joint operation by Israeli police and the Federal Bureau of Investigation (FBI) has led to the arrest of a former tech mogul and 25 other people for their alleged participation in a fraudulent trading scheme involving cryptocurrencies. The Times of Israel reports that Guy Grinberg, co-founder of the China-based social media platform Koolanoo, was brought to Tel Aviv Magistrate’s court for a remand hearing last week.

Ripple introduces new $250M creator fund for NFT development on XRP Ledger Ripple, a provider of enterprise blockchain and crypto solutions, today announced a $250 million fund to provide creators with the financial, creative, and technical support needed to explore and craft premium non-fungible tokens (NFTs) and other tokenization projects on the XRP Ledger. Heightened interest in NFTs globally has introduced new revenue streams and business models while deepening the mainstream’s relationships with the communities, people, and things they care about. However, when it comes to creating state-of-the-art NFTs, many creators face barriers to entry–including the fear their NFTs won’t sell and a lack of understanding on navigating different NFT concepts. Meanwhile, developers are burdened with high transaction fees and clunky user experiences.

Cardano To Spark Largest Explosion in Crypto Innovation Since Launch of Ethereum, According to Coin Bureau The host of Coin Bureau says that Cardano can spark a massive new wave of crypto innovation that will rival the launch of Ethereum. Pseudonymous analyst Guy says tells his 1.36 million subscribers that with many decentralized applications (DApps) set to launch on its mainnet, Cardano is providing massive opportunities. “We are now on the brink of another explosion in crypto innovation, the likes of which we haven’t seen since Ethereum launched back in 2015, and early adopters will stand to reap the greatest rewards.” Guy says that one reason users and developers are drawn to Cardano is because of its unique staking system, which – according to him – makes it one of the most decentralized cryptocurrencies on the market.

Mark Mobius: El Salvador Is Wrong to Push BTC Legendary investor Mark Mobius doesn’t think much of bitcoin. He also doesn’t think much of El Salvador’s decision to make bitcoin legal tender. In a fiery new interview, he says that the Central American country is likely to stand on its own in this department, and he doesn’t see other countries following suit when it comes to digital currency. Mark Mobius on El Salvador’s BTC DecisionsEl Salvador first declared in June that it was going to make bitcoin legal tender. The country, up to this point, had long depended on the U.S. dollar to operate within the global financial system, though the nation eventually sought new ways to bring about financial freedom and independence. Thus, the country turned to bitcoin, and claimed that customers could walk into any shop or establishment to utilize bitcoin in the same way they would the U.S. dollar. However, not everyone was a fan of this idea, including the World Bank which refused El Salvador’s request for assistance with its bitcoin agenda implementation, claiming that the asset was too volatile as the reason for saying no. Nevertheless, El Salvador was quick to revert to its own unique methods of implementing bitcoin, and now it looks like the country has proved all its naysayers wrong.

“Cryptocurrencies Will Eventually Prove To Be Worthless” – Billionaire John Paulson Lambasts Crypto’s Volatile Nature John Paulson is a co-founder of Paulson & Co, and the historic beneficiary from the U.S. housing financial market collapse of 2008 in which he placed a legendary successful short position that saw him earn about $4 billion. The billionaire has stated that cryptocurrencies have “no intrinsic value.” Speaking on Bloomberg’s Wealth with David Rubenstein, Paulson, when asked what he thought of the cryptocurrency market, pointed out that due to the high volatility of the assets, their limited supply meant nothing as they have no intrinsic value.

​​One more great deal in August. Low risk. Huge profit. Everything as we love. 💵💵💵 Closed deal IOTX/USDT Open: $0.021736, 04.08.2021 Close: $0.070366, 24.08.2021 Profit: +223.73% Duration: 21 days Briefly about the instrument: IoTeX is the decentralized backbone for machine economics which serves machines ranging from smart home devices to autonomous vehicles. To this end, IoTeX has built and launched a fast, high-performance, and EVM-compatible blockchain that provides flexibility and scalability for various applications. Also, middlewares and Dapps are built on top of the blockchain to bring self-sovereign devices and real-world oracles into reality. IoTeX has several mechanisms that ensure the privacy of users and transactions. Some of these are ring signatures and the reliable payment code that hides the transaction receiver’s address. Delegated proof-of-stake works by having stakeholders vote for the block producers on the network. The number of block producers is set and once they are elected, they are responsible for adding new blocks to the blockchain. For doing it, they receive rewards that they can distribute to the stakeholders who voted for them, incentivizing block producers to continue working and stakeholders to continue voting for block producers. This is a very promising project with a strong and experienced development team. Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.

​​Great deal from the first half of August. Very fast, very profitable. 💵💵💵 Closed deal DENT/USDT Open: $0.00231274, 04.08.2021 Close: $0.00462374, 13.08.2021 Profit: +99.92% Duration: 9 days Briefly about the instrument: Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data. Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location. Subscribe to @TrendGuruBot and earn hundreds of percent in any market conditions.

Swapnex Enables Arbitrage Trading Across Multiple Exchanges Swapnex, a multifunctional arbitrage trading platform, allows traders to get the best prices across different exchanges. Swapnex combines cryptocurrency prices from multiple exchanges allowing traders to get the best prices in the market. By design, the platform consolidates popular crypto exchanges into a single website. As a result, account owners have access to more than ten crypto exchanges, numerous boosters, manual and auto trading tools, among other features. Some of the notable exchanges on the platform include Coinbase, Binance, Bithumb, Kraken, etc.

Not sure what to do with ERC-20 tokens of failed projects? Project iQuantXchange (https://iquant.exchange) swap ERC-20 tokens of failed projects for IQX token. The startup has been around for over a year, and during that time it has established itself as a stable platform for swapping worthless tokens for the promising IQX token, which will become the utilitarian token of their new exchange service. The iQuantXchange will distribute all proceeds from transaction fees to all IQX token holders and is potentially a very powerful investment tool. So powerful, in fact, that some users are buying tokens from failed projects to exchange them for IQX. To participate in this swap you just need to go to their website https://iquant.exchange, go to Swap Rate Checker section and enter the token you want to get rid of. You will be shown the exchange rate. Then just register and make the exchange. Get answers to questions about this project you can here:

iquantx.medium.com

or in the project's Telegram group @iQuantX

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NFT Marketplace Reaches $78,000,000 in Daily Volume, Shattering All-Time High The non-fungible token (NFT) marketplace OpenSea is shattering its previous transaction volume records as NFTs continue to take off. OpenSea processed about $78.8 million in transaction volume on August 8th, smashing the previous record set only two days prior of nearly $70.5 million, according to blockchain research tool Dune Analytics.

XinFin, Guarda, And Simplex Partner Up To Allow Instant XDC Buy XinFin, an enterprise-ready and open-source, hybrid blockchain protocol specializing in tokenization for real-world decentralized finance, announced it has partnered up with Guarda Wallet and Simplex to allow wallet users to buy XDC instantly. The partnership is reportedly aimed at increasing the adoption of the XDC, XinFin’s native token. This will be achieved by providing a new and easy way to acquire XDC while opening up the token to a larger community.

Cardano (ADA) Price Analysis: More Downsides Likely Towards $1 Cardano price is trading in a negative zone below $1.20 against the US Dollar, similar to bitcoin. ADA price could continue to move down towards the $1.00 support. Cardano Price AnalysisIn the past few days, cardano price saw a lot of bearish moves below the $1.50 and $1.40 levels against the US Dollar. The ADA/USD pair even broke the $1.30 support zone and the 55 simple moving average (4-hours). The recent decline gained pace below the $1.20 support zone. The bears seem to be in control and the price traded as low as $1.077. The current price action suggests high chances of more downsides below $1.08.

Crypto exchange AscendEX offers zero-fee credit card crypto purchase promo AscendEX, a cryptocurrency exchange platform, announced it has partnered with BANXA to offer a zero-fee rate for users to buy crypto with their credit card/debit card. This promo is concurrent with other fee-free bank transfer payment methods. Active since July 6th, the zero-fee event will last for 14 days. The Event Period:July 6th, 12 a.m. UTC through July 21st, 12 a.m. UTC. Details:Users who buy digital assets using BANXA on AscendEX will be eligible for zero transaction fees. This applies to both existing and new users.Also, the first 200 new users who sign up on AscendEX and buy 500 USDT or more digital assets worth using BANXA will be eligible for a 5% discount per purchase. Each buyer can save up to 50 USDT.After buying any digital asset using BANXA, users who transfer assets worth more than 500 USDT to their futures account will be eligible for Futures Bonus Credit worth 20 USDT. Users who transfer assets worth over 1,000 USDT will be eligible for Futures Bonus Credit worth 50 USDT. The Futures Bonus Credit pool is capped at 10,000 USDT and will be distributed on a first-come, first-served basis.BANXA Promo:Fiat Currencies Available: AUD, CAD, CZK, DKK, EUR, GBP, HKD, NOK, PLN, RUB, SEK, TRY, and USD.Tokens Available for Purchase: BTC, ETH, USDT, USDC, LINK, BNB, LTC, XRP, and BAT.Payment Method: Apple Pay, Visa, and Mastercard.

Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis Suarez had a head start turning Miami into a bitcoin hub. Mayoral Candidate Promises to Turn New York City Into the Bitcoin HubThe 2021 New York City mayoral election is underway. Brooklyn Borough President Eric Adams, a former police officer, is currently in the lead. He led the first round of voting with 31.7% support. Civil rights lawyer Maya Wiley came second with 22.3%, followed by the city’s former sanitation commissioner, Kathryn Garcia, with 19.5%. Former presidential candidate Andrew Yang came in fourth with 11.7%. During his election night party speech last week, Adams said: I’m going to promise you. In one year, one year, you’re going to see a different city … We’re going to bring businesses here. We’re going to become the center of life science, the center of cybersecurity, the center of self-driving cars, drones, the center of bitcoins. We are going to be the center of all technology. He added: “Miami, you had your run. We’re bringing our businesses back.” In Florida, Miami Mayor Francis Suarez is a bitcoin hodler. He has also been trying to turn his city into a bitcoin hub. He has put forward a proposal to allow the city to pay its employees in bitcoin, accept the cryptocurrency for fees and taxes, and even explore the possibility of holding BTC on its balance sheet. The city recently hosted the Bitcoin 2021 conference and blockchain.com just moved its headquarters there, which “created 300 new jobs and $30 million of recurring economic impact for our city,” Mayor Suarez said at the conference. Another New York City mayoral candidate, Andrew Yang, also wants to turn NYC into a bitcoin hub. He said back in February: “As mayor of NYC — the world’s financial capital — I could invest in making the city a hub for BTC and other cryptocurrencies.” However, the 46-year-old Democrat conceded the race last week. Nonetheless, he could still help the next mayor of NYC with bitcoin adoption as he said: “Though we’re not sure who’s the next mayor is going to be, but whoever that person is, I will be very happy to work with them to improve the lives of the 8.3 million people who live in our great city and I encourage everyone here to do the same.”