Analyst Who Called 2021 Crypto Meltdown Forecasts New Bitcoin All-Time Highs – Here’s His Timeline The analyst who accurately predicted the crypto market meltdown of May 2021 is giving a timeline for Bitcoin (BTC) setting new all-time highs. The pseudonymous analyst Dave the Wave tells his 139,000 X followers that BTC’s current bear market and correction from its 2023 high will probably last at least till the end of the year.

Binance Ceases All Trading of Privacy Coins Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused TradingAt the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance explained in a recent statement that the decision was made following new regulatory concerns in several European countries including France, Poland, and Italy. The news comes as a shock and raises several questions, a big one being, “Is this the end of the crypto space as we know it?” While the industry is still in play and still has lots to offer, one of the big clinchers was that individuals could flock to it in the hopes they could engage in financial activity without being spied on.

SEC Shakedown Pushes eToro To Delist ALGO, MANA, DASH, And MATIC Summary: The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC’s lawsuits against Binance and Coinbase.Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12.Users can still hold and sell their positions until further notice.eToro cited “recent developments” as the reason following securities claims in filing against the two major cryptocurrency exchanges. The U.S. Securities and Exchange Commission enforcement actions against crypto exchanges Binance and Coinbase continue to reverberate throughout the industry as investment platform eToro plans to delist four digital assets that are allegedly unregistered securities. eToro is a cryptocurrency exchange and an online brokerage platform with a limited range of equities and exchange-traded funds (ETFs) that allows users to trade 30+ cryptocurrencies.

‌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

North Kingston Police Discuss Growing Crypto Scams Police in North Kingston are warning residents about a whole new array of crypto-based scams that have made themselves prominent in the area. Crypto Scams: Will They Ever Stop?Crypto scams are nothing new. In fact, they’ve practically been around since the industry was first developed nearly 15 years ago, but never have they taken on such drastic and varied forms. For example, among the most prominent forms of digital currency scams as of late are romance scams, which seek to target those looking for love online. Many crypto scammers will set up fake or phony online “love” profiles. They narrow in on their victims and establish long-term relationships. They get to know them, they make things feel very personal and clear, and before long (once they’ve gotten their victims’ trust and attention), they tell the other parties about “fantastic” new crypto investment opportunities, and that they’d be fools to avoid getting in on the action.

Trader Tone Vays Predicts Bitcoin Burst to the Upside Amid ‘Boring’ Consolidation – Here’s His Timeline A widely followed crypto analyst says that he expects Bitcoin’s (BTC) current period of low-volatility consolidation to resolve in a strong breakout rally. In a new video update, seasoned trader Tone Vays tells his 123,000 YouTube subscribers that even though the king crypto is in the middle of a “boring” consolidation phase, it’s flashing signs that point toward an upcoming burst to the upside.

Silvergate Collapse Causes Further BTC, ETH Losses The trouble surrounding Silvergate is getting even bigger. So big, in fact, that the prices of many leading digital currencies – including bitcoin and Ethereum – took serious dips during the early weeks of March. Silvergate Crash Causes Crypto Assets to SinkBitcoin, for example, fell from about $22,300 to just over $20,000 after news emerged that Silvergate was planning to shut down completely. The company said it will wind down all operations and liquidate the assets it’s holdings in the coming weeks. There is good news in that bitcoin – which only fell by about $2,000 or so – likely priced the move in during the preceding weeks given the dip was so small. It is possible bitcoin was expecting something like this to happen and it was likely prepared for it, thus shielding investors and traders from what could have easily been a serious situation.

LYOPAY App for Crypto Wallet: What Are the Services LYOPAY is a cryptocurrency payments application that allows you to store, exchange, buy, and sell cryptocurrencies and euros. It serves as the connection point between fiat and cryptocurrencies, allowing users to exchange traditional money into cryptocurrencies and vice versa. LYOPAY offers a range of services, including opening up your own bank account based in Europe, opening your crypto wallet, and making swap trading with cryptocurrencies.

Abhinav R. Soomaney Has Written a New Crypto Taxation Book Author and crypto expert Abhinav R. Soomaney has a new book out called “Cryptocurrency in a Nutshell.” In the composition, Soomaney discusses a big topic in the crypto space: taxation. A New Crypto Tax Book By Abhinav R. SoomaneyTaxation in crypto has often been talked about amongst even the most knowledgeable analysts given tax protocols within the arena’s borders can be quite complicated. In fact, during the 2020 election, there were two democrat candidates – Michael Bloomberg, the former New York City mayor, and entrepreneur Andrew Yang – that claimed they would make the crypto taxation laws in America easier to understand. This was one of the big staples of their campaigns. That’s how difficult crypto taxation laws can be. Neither of these candidates were able to get very far given at the time, crypto was still not a major topic amongst the public or politicians like it is today. However, if Soomaney can publish an entire book on the subject, you know things are getting real, and crypto taxation is becoming something that many more people are now curious about.

Crypto Sharks Are Heavily Accumulating Cardano, Taking Dip Buying of ADA to New Level: Analytics Firm A leading analytics firm says that deep-pocketed investors of Cardano are loading up on ADA and have been heavily buying dips since the high-profile implosion of FTX. Santiment says that addresses with a balance of 10,000 to 100,000 Cardano now hold their largest percentage of the supply in a year and a half to the tune of four billion ADA tokens.

From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once did at the beginning of 2022. For instance, statistics show the Bored Ape Yacht Club (BAYC) collection’s market valuation based on floor values was worth $2.33 billion on Feb. 3, 2022 — 291 days later and the collection’s market cap is now worth $615 million. Celebrities holding blue chip NFTs like BAYCs and Cryptopunks have seen their NFTs lose a great deal of value over the last nine months. Blue Chip NFT Market Caps Slide Significantly Lower Since the Start of the YearPopular non-fungible tokens (NFTs) stemming from specific collections like BAYC, Cryptopunks, Clonex, Mutant Ape Yacht Club (MAYC), Azuki, and Moonbirds are still pricey digital collectibles. For instance, the lowest valued Moonbird NFT is around 7 ether or $7,906, while a BAYC NFT will cost 57.50 ether or $63K.Statistics from nftpricefloor.com show that on Nov. 22, 2022, the Cryptopunks collection held the largest market capitalization of around 619,900 ether. That’s not much less than the Cryptopunks floor capitalization the collection had on Feb. 3, 2022, when it was 650,000 ETH.However, the price of ethereum per unit on Feb. 3 was approximately 2,667 nominal U.S. dollars per ether. That means while the floor capitalization was worth $1.73 billion nine months ago, today the market cap is down to $685.16 million.This means the Cryptopunks NFT collection dropped by 60.47% during the last nine months. The same can be said about BAYC’s NFTs as the market cap has dropped from 875,000 ether worth $2.33 billion on Feb. 3, to today’s 556,900 ETH worth $615.53 million. NFTs Owned by the Rich and Famous Lost Massive Amounts of Value in 9 Months

Wolf of Wall Street Jordan Belfort Says Sam Bankman-Fried Used FTX As ‘Personal Piggy Bank’ Jordan Belfort, otherwise known as the original Wolf of Wall Street, is giving his view on what he thinks happened behind closed doors at the bankrupt crypto exchange FTX. In a new Fox Business interview, Belfort says it’s a misconception that FTX is a crypto exchange. “It’s not an exchange. It’s like a brokerage firm or a bank that was holding customers’ money, and they were basically siphoning it off. He was using it as his own personal piggy bank, Sam Bankman-Fried. People deposited their money in FTX because they want to trade, like any brokerage firm. It would be the equivalent of going to JPMorgan Chase, deposit your money in your Chase bank account and then you find out that actually [JPMorgan CEO] Jamie Dimon has been taking your money personally and going to Las Vegas and gambling on the weekends because your money, his money – what’s the difference?

Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates. $1.1 Billion Worth of Bitcoin Has Been Removed From the Treasuries ListOn October 17, 2022, 65 companies, ETPs, and countries hold bitcoin (BTC) on their balance sheet. The data stems from the bitcoin treasuries list, which aggregates the current bitcoin holdings in publicly traded and private companies, ETPs, and countries.At the time of writing and as of September 8, 2022, the bitcoin treasuries list indicates that roughly 65 of the aforementioned types of entities own approximately 1,443,925 BTC or 6.876% of the 21 million capped supply. While the balance is a large sum, 57,481 BTC worth $1.1 billion has been erased from the bitcoin treasuries list since the start of 2022.The 1.44 million BTC in treasuries today is worth roughly $27.76 billion using current spot market values. Data saved via archive.org shows that when 2022 started, the 65 publicly traded and private companies, ETPs, and countries held 1,501,406 BTC.At the time, the 1.501 million BTC was worth $63.25 billion using exchange rates on January 2, 2022. The largest change during the last nine months was Tesla’s balance sheet, which saw 32,177 BTC removed from the firm’s treasury.Tesla once had 42,902 BTC and today, the firm’s treasury holds 10,725 BTC. The 32,177 BTC represents 55.98% of the 57,481 BTC erased from the bitcoin treasuries list since the start of the year. 4 out of 65 Entities Hold More Than 100,000 Bitcoin

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near ProtocolTether has revealed that tether (USDT) is now supported by the Near (NEAR) network, a smart contract blockchain system launched in April 2020. Near’s market valuation makes it the tenth largest smart contract token by market cap, and the 25th out of all 12,905 cryptocurrencies in existence. On September 12, Marieke Flament, CEO of Near Foundation, said USDT support on the Near blockchain will play a vital role in decentralized finance (defi). “We champion initiatives that can bring greater stability to the defi ecosystem and help us advance the mass adoption of Web3,” Flament said in a statement on Monday. “We look forward to seeing what Tether will achieve with the launch of USDT on Near Network and the vital role it will play in shaping the future of finance and the digital economy.”

Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse gas emissions.” Vespene Energy Raises $4.3M in Funding Round Led by Polychain Capital, Firm Aims to Give Landfill Owners the Ability to Monetize Landfill MethaneVespene Energy announced that the company has raised $4.3 million from a financing round led by Polychain Capital. According to the company’s website, the startup converts landfill methane into bitcoin value with no grid connections or pipeline buildout. Vespene essentially installs onsite data centers powered by micro-turbines, getting energy from municipal landfills’ methane.

‌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.

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches Antminer E9 for $4.17 per Megahash447 days after revealing the Antminer E9, Bitmain has finally launched the product. The company announced the launch on July 6, 2022, and said “[The Antminer E9] is equipped with a hashrate of 2,400 [MH/s], 1920W power efficiency, and power efficiency of 0.8J/M. E9 is an advanced Ethereum miner which enhances ETH/ETC mining operations.” The new Antminer E9 leverages the consensus algorithm Ethhash and the 2,400 MH/s of hashpower is equal to 2.4 GH/s. At $9,999 per unit, the E9 is $4.17 per megahash and delivery will take place on July 15-31.

Bloomberg Analyst Predicts Huge Reversal in Gold, Bonds and Bitcoin as One Crypto ‘Revolutionizes’ Fintech Bloomberg’s veteran commodity analyst Mike McGlone is predicting an economic cataclysm that sees gold, US bonds and Bitcoin (BTC) rise from the ashes much stronger than before. In a new interview with Kitco News, McGlone says he foresees what he calls a “great reversion” or a deep correction in risk-on assets like real estate and equities markets. “I think what’s going to happen is the great reversion. It’s just getting started. It might be like the aftermath of 1929, [but] I think it’s going to be like the aftermath of 2008 [or] maybe like after the 1987 crash. It’s so overdue, and all risk assets, everywhere from condos in Miami and Toronto to the stock market. It’s just starting to happen and the greatest inflation in 40 years and most people’s lifetime is starting that.

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.

Bitcoin Price Analysis: BTC Remains At Risk Below $32K Bitcoin price is struggling below $32,000 against the US Dollar. BTC might extend losses if it stays below the $32,000 and $34,000 resistance levels. Bitcoin Price AnalysisBitcoin price failed to clear the $38,000 resistance zone. As a result, BTC started a fresh decline and traded below the key $35,000 support zone. There was a clear move below the $34,000 level and the 55 simple moving average (4-hours). The price even traded below the $32,000 level. A low is formed near $29,735 and the price is now consolidating losses. There was a move above the $31,000 resistance zone.

Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in CircleCircle Internet Financial announced Tuesday that it has entered into an agreement for a $400 million funding round with investments from Blackrock Inc., Fidelity Management and Research, Marshall Wace LLP, and Fin Capital.Circle is the issuer of USD Coin (USDC). The stablecoin USDC has a market cap of about $51 billion and market dominance of about 2.58% at the time of writing, based on data from Bitcoin.com Markets.Expanding on its partnership with Blackrock, the world’s largest asset manager, Circle detailed: In addition to its corporate strategic investment and role as a primary asset manager of USDC cash reserves, Blackrock has entered into a broader strategic partnership with Circle, which includes exploring capital market applications for USDC.

Artists and Activists Turn to NFT Sales to Support the Ukrainian People NFTs are showing the brighter side of humanity as real support transcends the boundaries of nations and reaches Ukraine through the metaverse. In light of the ongoing military conflict, people from all around the world send their donations to Ukraine via NFT sales, as artists and activists turn to them over older fundraising methods. Millions in Donations Raised for Ukraine by NFT SalesIt feels like NFTs have been taking over the world recently, with more and more types of communities getting involved by the day. From major visual artists to global fashion brands and from video game studios to superstar rappers, everyone is rushing in to join the trend. One aspect of human life in 2022 no one was probably expecting to be drawn into the NFT phenomena is armed conflict between nations, actual war, but here we are. Soon after the start of hostilities in Ukraine, and the countless human tragedies that followed it, NFTs were being used to raise funds for helping refugees and other causes. The biggest example so far is UkraineDAO which crowdfunded 2,100 ETH by 2nd of March, worth over $6 million at the time. That event was initiated by Nadya Tolokonnikova – the Russian artist, activist and member of the anarchist feminist punk rock group Pussy Riot.

13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin 13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of the advocacy and research forum focused on peer-to-peer dynamics in society. The First of 3 February 2009 Forum Posts Introducing BitcoinThere was three occasions in February 2009 when Satoshi Nakamoto introduced the inventor’s Bitcoin white paper and open source codebase to the P2P Foundation forum members. The occasion on February 11, 2009, was the first time the creator of Bitcoin publicly announced the project using the P2P Foundation forum. Prior to these instances during the month of February, Nakamoto leveraged the email system tethered to the cryptography mailing list hosted on metzdowd.com.The introductory forum post is quite fascinating, and the inventor also leaves a link to the software’s first version on the forum as well. “I’ve developed a new open source P2P e-cash system called Bitcoin,” Nakamoto wrote 13 years ago today. “It’s completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper,” the creator added.Nakamoto is extremely descriptive in the first forum post, and Bitcoin’s inventor explains the issue with conventional currencies. “The root problem with conventional currency is all the trust that’s required to make it work,” Nakamoto wrote that day. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”Bitcoin’s inventor further stressed: We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.

LBank Exchange Will List Shintama (SHINTAMA) on February 11, 2022 INTERNET CITY, DUBAI, Feb. 9, 2022 – LBank Exchange, a global digital asset trading platform, will list Shintama (SHINTAMA) on February 11, 2022. For all users of LBank Exchange, the SHINTAMA/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on February 11, 2022. After the huge success of Shinja and Saitama, a community driven DeFi project called Shintama (SHINTAMA) was launched to bring these two large communities together for collaboration and greater good, with advanced features in development such as built in EVM compatible wallet, decentralized exchange, cross chain NFT rewards and staking platform, A.I. scam detector and contract checker, and many more. Its native token SHINTAMA will be listed on LBank Exchange at 16:00 (UTC+8) on February 11, 2022, to further expand its global reach and help it achieve its vision.

Top Crypto Analyst Outlines Path Forward for Aave, Says Bottom Close for Bitcoin Before BTC Surges by Over 130% A popular crypto analyst is offering his opinion on what comes next for Bitcoin (BTC) and decentralized finance protocol Aave (AAVE). The analyst pseudonymously known as Smart Contracter tells his 199,700 Twitter followers that the native token of the Aave platform has potentially made a higher low, signaling a possible rebound. The cryptocurrency trader says that AAVE has reached a potential support level by touching the 0.618 Fibonacci retracement level, which is used to identify support or resistance levels.

Crypto Analyst Predicts Epic Rally for Ethereum Over Bitcoin, Says ETH Now in Full Beast Mode A popular crypto strategist and trader is saying that a massive rally is on the horizon for leading smart contract platform Ethereum (ETH). Crypto analyst Justin Bennett tells his 93,500 Twitter followers that Ethereum is now in “full beast mode” after breaking out of a bullish continuation pattern against Bitcoin (ETH/BTC).

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Tron (TRX) Price Analysis: Bulls In Control Above $0.10 TRON price remained well bid above $0.1000 against the US Dollar, similar to bitcoin. TRX price is rising and it could continue to rise above the $0.1100 level. Tron Price AnalysisAfter a close above $0.0950, tron price started a fresh increase against the US Dollar. TRX price surged above the $0.1000 and $0.1020 resistance levels to move into a positive zone. The price even surged above $0.1050 and the 55 simple moving average (4-hours). There was also a break above a major bearish trend line with resistance near $0.1020 on the 4-hours chart. A high is formed near $0.1105 and it is now correcting gains.

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Interactive Brokers’ Crypto Trading Service A Huge Step To Global Crypto Access By Institutions Interactive Brokers, which has been rated as the best online broker for eleven consecutive years by Barron’s, has debuted a crypto trading service that allows registered investment advisors to trade Bitcoin, Ethereum, Litecoin, and Bitcoin Cash on behalf of their clients around the world. This is in addition to being able to trade stocks, options, futures, bonds, mutual funds, and ETFs for their clients through the platform. The service launch by the famous broker firm attests to the continued popularity of digital currency.

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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.

LBank Exchange Will List BTA (Bitcoin Asset) on October 11, 2021 INTERNET CITY, DUBAI, Oct. 11, 2021 – LBank Exchange, a global digital asset trading platform, will list BTA on October 11, 2021. For all users of LBank Exchange, the BTA/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on October 11, 2021. More than a decade ago, Bitcoin introduced itself to the whole world, since then, the crypto space has grown rapidly and created one miracle after another. Today, a brand new asset named Bitcoin Asset is here to recreate the momentum of Bitcoin with more advanced developments. BTA, the token of Bitcoin Asset, will be listed on LBank Exchange at 22:00 (UTC+8) on October 11, 2021.

The Biggest Problems Plaguing Bitcoin, Ethereum, Cardano, Polygon After Satoshi Nakamoto mined the first Bitcoin block, the blockchain industry took off like a rocket, and now cryptocurrencies are a $2 trillion market. The invention of the blockchain has been hailed as the solution to some world problems like transparency and has been deployed in several sectors. However, the technology is far from perfect and has problems that it has to contend with. The Scalability ProblemOne of the most fundamental problems affecting blockchain is the problem of scalability. As adoption rates continue to soar, most blockchains face the challenge of being unable to handle a large amount of transaction data within a short while. This leads to long wait times and high fees, leading to several solutions being advanced. Several layer-1 solutions have been put forward such as increasing the block size limit but this came with its own set of issues. As an alternative, other blockchains decided to shorten the time needed for the creation of a new block but none of these solutions worked.

Veteran Trader Peter Brandt Puts Ethereum Traders on Notice, Says ETH Forming Large Bearish Pattern Veteran trader Peter Brandt is issuing a warning to Ethereum traders as the leading smart contract platform fights to stay above $3,000. Brandt tells his 566,000 Twitter followers that he sees a large bearish pattern forming on Ethereum (ETH). “I am NOT saying I believe it and I am saying I am not shorting it – but like it or not if you own ETH you will have to deal with it. This possible H and S [head and shoulders] exists. Whether it is completed, fails or morphs, it exists. I am NOT a hater.”

India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBIThe Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve Bank of India (RBI), still has major concerns about cryptocurrencies. Governor Shaktikanta Das reportedly said Wednesday: We have serious, major concerns on cryptocurrency with respect to financial stability, [and] have conveyed the same to government of India.

Litecoin (LTC) Price Analysis: Bulls Aim Test of $200 Litecoin price is gaining pace above $180 against the US Dollar, similar to bitcoin. LTC price could continue higher if it manages to clear the $185 resistance. Litecoin Price AnalysisThis week, there was a slow increase in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC spiked below the $172 and $170 support levels. The price tested the $165 support zone, where it found bids. A low was formed near $166 before the price started a decent increase. It broke the $175 resistance zone to move into a positive zone. There was also a break above a key bearish trend line with resistance near $174 on the 4-hours chart of the LTC/USD pair.

​​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.

Worldwide Crypto Adoption Sees Massive Upsurge As Vietnam, India Lead Parade The global adoption of cryptocurrency has skyrocketed over the last year when it registered a growth of 881%. As per the 2021 Chainalysis Global Crypto Adoption Index, crypto adoption in India has been the second-largest in the world over the last year. The crypto growth story is stronger in the developing world with Vietnam leading the chart and Pakistan and Ukraine occupying the 3rd and the 4th slots.

​​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.

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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A quantum computer-resistant blockchain is under development IDB Lab, Cambridge Quantum and Tecnológico de Monterrey have been building a quantum-proof cryptographic layer on LACChain People in the blockchain industry have been talking for a while about what effect quantum computers might have on the sector. These are machines that carry out computations through the use of quantum physical properties. While traditional computers use binary "bits" to encode information, quantum computers use quantum bits (qubits), which can represent many different things at the same time. This means quantum computers can evaluate a huge number of possibilities simultaneously, making them well suited to decryption. In fact, CNBC suggested that quantum computers could be capable of hacking cryptocurrency wallets within a decade.

Bitcoin Makes History As The World’s Most Held Financial Asset The number of Cryptocurrency users has doubled in the last six months reaching 221 million by the end of June, according to new research by Hong Kong-based and fast-growing crypto-exchange Crypto.com. “The number of global crypto users reached 221 million in June 2021. It only took four months to double the global crypto population from 100 million to 200 million. In comparison, it took nine months to reach 100 million from 65 million since we began this initiative.”

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to "extreme fear" in the market. Despite being a scary term, the time is usually the best time to obtain assets for a lower price. However, data from Tradingview’s technicals show bitcoin is still in the "sell" range, while bitcoin market oscillators are more "neutral." CFGI Sentiment Metric Reaches ‘Extreme Fear’The price of bitcoin (BTC) tapped a low of $29,300 on July 20, 2021, and since then the price has managed to jump back above the $32,000 handle. Despite the rebound, there’s a lot of uncertainty within the crypto space as far as short-term bitcoin price predictions are concerned. BTC/USD chart shows bitcoin managed to climb back above the $32K zone on Wednesday.Some believe the price may plunge to the $20,000 zone again and others believe a rebound is in the cards and the next trajectory will be well above the $64K all-time high. Most traders who believe this rebound could happen, think that today’s bitcoin price movements are eerily similar to the prices BTC saw in 2013. At that time, BTC plunged to $50 per coin after skyrocketing well above the $200 handle in mid-May 2013.

Michael Wu: Bitcoin May Need to Drop Further to Attract Institutions Again Bitcoin has been tanking hard as of late, but according to financial analyst Michael Wu, this presents several benefits that investors are not seeing. Michael Wu: Institutions May Get Involved Again if BTC Falls FurtherIn recent months, bitcoin hit its highest position yet and was trading for approximately $64,000 per unit. This feat was accomplished in mid-April, though since then, the currency has fallen and lost about half that value, marking one of the biggest drops for the world’s number one digital currency in history. Prior to this fall, investors were privy to the many institutions that were now choosing to get involved in the digital currency space. Companies such as MicroStrategy and Tesla were investing billions of dollars into the asset, and it really looked like the currency was unstoppable.