Bitcoin (BTC) Dominates Attention of Institutional Investors As Capital Flows Jump: CoinShares Digital assets manager CoinShares says that after three weeks of outflows, digital assets finally enjoyed a week of heavy inflows from institutional investors. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets took in $29 million last week, ending a three-week run of outflows.

Brighter Times Lie Ahead For XRP As Bank Of America Heaps Praises On Ripple’s Cross-Border Payments In a recent report by Bank of America, the role of Ripple in the payments industry, especially in the Asia-Pacific (APAC) region, has been hailed by the second-largest bank in the United States. A team of analysts from the bank is unabashedly bullish on the company’s tech. Bank Of America Endorses Ripple As A “Possible Exception”In a recent report by Bank of America entitled “Breaking New Ground: Harnessing Payments Innovation in APAC”, the bank highlighted the role of blockchain in digitizing trade documents and the potential of Ripple’s frictionless remittance solutions to transform cross-border payments. Bank of America acknowledges the evolutionary power of technology in enabling real-time payments. According to the bank’s report, APIs are the primary catalysts for the adoption of real-time payments, and they have revolutionized both customer connectivity and transaction processing.

Coinbase Has No Plans To Shut Down Staking Or Delist Tokens Coinbase’s Chief Executive Officer Brian Armstrong has revealed that the Securities and Exchange Commission’s lawsuit against his company will have no impact on its operations. Armstrong confirmed that the largest crypto exchange in the United States will not shut down its staking services, which was one of the products that prompted the enforcement action from the SEC. Staking Program Accounts For 3% of Coinbase’s Net RevenueBrian Armstrong’s comments came a day after his exchange was sued by the SEC for operating as an unregistered securities exchange, broker, and clearing agency. While speaking at the Bloomberg Invest Conference earlier today, Armstrong revealed that Coinbase would continue offering staking services to its clients. The executive added that the staking program contributed 3% to the company’s overall net revenue. Even though this complaint came in from the SEC it’s really business as usual today, we’re continuing to trade the assets that we have on our platform. We’re not going to wind down our staking service. Coinbase’s staking product is architected and built in a way to be compliant.

‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got my attention: • Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo. • Strong community? 100%. Bunch of defiant spirits rallying behind the coin. My 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

Voyager Digital Plans To Start Repaying Creditors In The Coming Weeks The stranded customers of Voyager Digital got some relief earlier today after the bankrupt crypto lender indicated that it may start repaying them in the next few weeks. Voyager Official Committee of Unsecured Creditors recently took to Twitter to announce that the company was deliberating the final liquidation procedures. Voyager Digital To File Final Liquidation Procedures On May 5According to a Twitter thread from Voyager’s Unsecured Creditors Committee, the bankrupt crypto lender and the committee is in the process of finalizing the liquidation procedures. The committee reminded its Twitter community that any plan for liquidating the firm’s assets are required to be filed before they come into effect. The liquidation procedure will lay out the details of the method by which creditors will receive the distribution from Voyager. Once the liquidation procedures are filed parties will have ten days to express any objection to the plan. In the event that any party objects, the bankruptcy court will schedule a hearing to consider the objection before allowing the crypto lender to go ahead with the liquidation. In case no objections are filed, Voyager Digital’s distribution plan will come into effect.

Crypto Critic Jamie Dimon Issues Warning on Inflation, Says Fed Likely To Raise Rates Higher Than Expected JPMorgan CEO and crypto critic Jamie Dimon is issuing a warning on inflation and a potential incoming economic crisis. In Dimon’s latest annual letter to JPMorgan’s shareholders, he says that the US’ largest bank is prepared for potentially higher interest rates, and higher and longer-lasting inflation.

Why Avorak AI, SHIB Holders Put Forward Crypto Wallets Metamask and Trust Wallet The world of cryptocurrencies has been growing and accelerated, with new coins and tokens being launched daily. Shiba Inu Coin and Avorak AI are two of the most popular cryptocurrencies in the market. They have gained much attention lately, and many holders are looking for secure and reliable ways to store their digital assets. This article will discuss three reasons why Shiba Inu and Avorak AI holders recommend Metamask and Trust Wallet crypto wallets. Shiba InuShiba Inu Coin is a meme-based cryptocurrency that has gained a lot of attention in recent months. It was created in August 2020 and has since grown to become one of the most talked-about cryptocurrencies in the market. The coin’s popularity has been driven by its community, which promotes it on social media platforms. Despite being a relatively new coin, Shiba Inu has already made significant gains in the market. In May 2021, the coin’s value increased by over 1,000% and has since maintained an impressive market capitalization. This has attracted a lot of new holders to the coin, who are looking for secure and reliable ways to store their digital assets.

The Shanghai Upgrade Is Unlikely to Spark Massive ETH Selling Pressure — Here’s Why The crypto community has continued to fret over the likelihood of Ethereum validators mass-dumping their Ether as the Shanghai upgrade approaches. The Shanghai upgrade, expected to roll out later this month or early April, will signify Ethereum’s transition to a full-fledged proof-of-stake system. It will also allow validators to withdraw their staked ether and rewards gained by staking their Ether on the beacon chain.

KEY3.id Supports Multi-Chain Transaction, Partnership With KuCoin Wallet, CoinHub Wallet and Wallet3 To Launch 2023 Lucky Transaction Campaign With Over 30,000 Participants on Social KEY3.id recently announced the support of multi-chain transactions, including major public chains such as Ethereum, BSC, TRON, Polygon, BNB Chain, Solana and more. As the only DID on Ethereum chain to support multi-chain transactions, KEY3.id gained the support and access from wallets such as KuCoin Wallet, CoinHub Wallet and Wallet3 and exchanges such as Yibi to jointly launch the 2023 Lucky Transaction Campaign.The campaign generated mass buzz on Twitter, reaching over 30,000 participants for the draw to transfer 0.2023 USDT to the appointed DIDs of the wallet partners (2023kuwallet.did, coinhub.did, dagen.did) using the partnership wallets. Users now can directly access DApps from different chains using KEY3.id’s .did domain name and blue-chip NFT bound DID to make transactions and send and receive tokens as well as NFTs.

Here’s How Binance’s Bitcoin and Stablecoin Reserves Compare to FTX’s Before the Collapse: Quant Analyst The chief executive of on-chain insights platform CryptoQuant says that despite the current rumors surrounding Binance, the exchange’s stablecoin reserves still look quite different than FTX’s did prior to its collapse. Ki Young Ju is responding to a Reuters story that broke earlier this week reporting that Binance and its CEO Changpeng Zhao are under federal investigation for potential money laundering violations.

Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had anticipated an interest rate hike of this magnitude. A few days following the latest Fed interest rate hike, the price of Bitcoin even rose to over US$ 21,000. However, the Bitcoin price rally was short-lived following insolvency rumours at the FTX crypto exchange. CoinDesk had reported that Alameda Research, a trading firm founded by Sam Bankman-Fried (SBF), founder and CEO of FTX, held a significant amount of FTT tokens on its balance sheet.

Celsius Mining Owes $5.4 Million In Hosting Fees Says Core Scientific, Crypto Miner After Legal Recovery Summary: Core scientific intends to pursue a claim against bankrupt crypto lender Celsius and the company’s mining business.A filing with the U.S. Securities and Exchange Commission on Wednesday said Core Scientific plans to “vigorously defend its interests” during the ongoing bankruptcy proceedings.The crypto miner claims that Celsius Mining owes around $5.4 million for hosting services.Legal counsel for the troubled crypto lender previously argued that Core Scientific violated bankruptcy protection by debt recovery. Core Scientific submitted a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday in line with the company’s plan to recover $5.4 million owed by Celsius Mining, the digital asset mining business attached to the bankrupt crypto lender. The company runs crypto mining operations as well as hosting services as part of its revenue generation strategy. Prior to its chapter 11 bankruptcy filing in July 2022, Celsius and Core Scientific had an agreement where Core Scientific provided crypto hosting for the lender’s mining business.

Crypto Exchange Bittrex Fined $30 Million For Breaking US Sanctions Crypto exchange Bittrex has settled with the US Treasury department over allegations that the firm violated the sanctions imposed by the OFAC by engaging with users from the sanctioned jurisdictions. Bittrex Will Pay $30 Million To The US Treasury As Settlement Money. The US Treasury Department has imposed a $30 million fine on the cryptocurrency exchange Bittrex. The department alleged that Bittrex had violated US sanctions by permitting users from Cuba, the Crimea region of Ukraine, Iran, Sudan, and Syria to conduct cryptocurrency proceedings through the Bittrex platform.

IMF: Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The IMF has called for a global response to crypto regulation that is coordinated, consistent, and comprehensive. IMF Officials on Crypto Regulation, Mainstream AdoptionThe International Monetary Fund (IMF) published a report titled “Regulating Crypto: The right rules could provide a safe space for innovation” in the September edition of its flagship Finance & Development magazine. The report is authored by IMF’s Monetary and Capital Markets Department deputy director Aditya Narain and assistant director Marina Moretti.“Crypto assets have been around for more than a decade, but it’s only now that efforts to regulate them have moved to the top of the policy agenda,” the report describes, elaborating: It’s only in the past few years that crypto assets have moved from being niche products in search of a purpose to having a more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.

Top Crypto Analyst Explores Bitcoin (BTC) Market Structure That Is Giving Traders ‘Nightmares’ A popular crypto strategist says Bitcoin (BTC) is forming a structure that tends to give traders sleepless nights. The pseudonymous analyst Inmortal tells his 174,000 Twitter followers about Bitcoin’s recent pattern of long consolidation followed by a brief rally and then a deeper decline in prices.

BAYC’s Yuga Labs Files Lawsuit Against RR/BAYC Creator Ryder Ripps Yuga Labs, the NFT company behind BAYC and MAYC, has filed a suit against American conceptual artist and creator of NFT collection RR/BAYC, Ryder Ripps, and his partner Jeremy Cahen. Yuga Labs claims the creative director is “scamming consumers by misusing Yuga Labs’ trademarks.” Yuga Labs accuses Ryder Ripps of intentional copyright infringementsIn the lawsuit filed on June 25, Yuga Labs pointed out Ripps’ deliberate attempts at making a caricature of the uniqueness of the BAYC collections by knowingly creating copycat NFTs using the exact same trademarks and marketing them to the general public. Going further, Yuga noted that these copyright infringements are “not accidental”, but rather “calculated, intentional, and willful with the stated purpose of causing actual and monetary harm to Yuga Labs and to the holders of authentic Bored Ape Yacht Club NFTs.” The firm seeks a jury trial.

Binance Crypto Services In Bahrain Expanded Under New License On Thursday, Binance announced that it had received a Category 4 License as a crypto assets service provider (CASP) from the Central bank of Bahrain. “Binance is extremely proud to announce that Binance Bahrain received a category 4 license as a Crypto Asset Provider (CASP) from the Central Bank of Bahrain (CBB) on May 24, 2022.” Read the announcement. A category-4 license seeks to cater to the business models of specialist fund managers who operate or manage market collective investment undertakings (CIUs). Introduced in September 2021, the license brings crypto exchanges under the purview of Bahrain’s regulations and creates a conducive environment for the Middle East country to progressively adopt digital asset regulations without stifling innovation.

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.

Ripple’s XRP Projected To Surpass $2.55 By December 2022 Following SEC Lawsuit Outcome A new report by finance trend survey platform Finder has projected Ripple’s (XRP) price to hit $2.55 before the year ends. The report, which was updated on May 4 entailed consulting a panel of 36 industry experts for their thoughts on how XRP will perform over the next decade should Ripple win or lose the case against the Securities and Exchange Commission (SEC).

Drops DAO Mainnet Finally Goes Live, Adding NFTs As Collateral Drops DAO, a decentralized lending network based in Lithuania, has officially announced that its mainnet version will go online on Wednesday, May 4, 2022. The mainnet’s debut gives users and community members access to the Drops ecosystem, allowing them to interact with and use all of the ecosystem’s features. Drops DAO’s mainnet launch allows users to utilize their non-fungible tokens (NFTs), metaverse assets, and DeFi tokens as collateral to borrow money through the platform’s lending facilities. According to the team’s announcement, this will provide much-needed liquidity and utility to the NFT and DeFi ecosystems. Drops DAO, on the other hand, eliminates the necessity for middlemen in the lending system, highlighting the benefits of decentralized protocols.

Ethereum Significantly Undervalued While Terra, Solana and Additional ETH Rival Show Positive Signals: Bloomberg Analyst Commodity analysts from Bloomberg say that Ethereum (ETH) is significantly undervalued and that three of its biggest competitors are all showing solid potential. In the latest Crypto Outlook report, Bloomberg strategist Mike McGlone says that based on a discounted cash flow model, which attempts to estimate the value of an investment based on projections of future cash flows, Ethereum is undervalued by a long shot.

LBank Exchange Will List BITCOIN LEGEND (BCL) on March 15, 2022 INTERNET CITY, DUBAI, Mar. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list BITCOIN LEGEND (BCL) on March 15, 2022. For all users of LBank Exchange, the BCL/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 15, 2022. Today’s world is in the fourth industrial revolution, and there is no doubt that blockchain technology will play an important role in it. Created to realize people’s ideals, BITCOIN LEGEND (BCL) aims to become a platform that builds a decentralized application ecosystem using blockchain technology, cryptocurrency, and metaverse systems in the field of the fourth industrial revolution. Its native token BCL will be listed on LBank Exchange at 16:00 (UTC+8) on March 15, 2022, to further expand its global reach and help it achieve its vision.

Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging British citizens not to ask for pay raises, Bailey replied: “Broadly, yes.” BOE Raises Rates for the Second Time Since the Start of the Covid-19 Pandemic, British Central Bank Governor Says ‘We Need to See Restraint in Pay Bargaining’The Bank of England has raised the benchmark interest rate again after raising the rate back in December. BOE was the first major central bank to raise rates after the pandemic and on Thursday, the rate was bumped again from 0.25% to 0.5%. The British central bank’s move follows hawkish statements stemming from the U.S. Federal Reserve when it said it would raise rates “soon.” Fed chairman Jerome Powell signaled that the rates would likely be increased in mid-March 2022. Following the BOE’s Monetary Policy Committee meeting, the bank disclosed that four out of the nine committee members wanted to bump the rate to 0.75%. However, the majority of committee members, including governor Andrew Bailey, voted to increase the benchmark rate to 0.5% instead. After the increase, the British pound tapped a two-year high against the euro, and British government bonds were sold off during the afternoon trading sessions on Thursday.

Mac Jones of the Patriots Gives His Teammates BTC Mac Jones is a rookie quarterback for the New England Patriots football team. He’s had quite a year in 2021, having led the team to a new 9-6 record, and he’s now slated to be the official winner of the Rookie of the Year award. Mac Jones Seems to Love BTCTo celebrate, Jones is giving bitcoin to all the team members that helped the Patriots get to where they need to be. He says he couldn’t have accomplished all he’s set out to do by himself, and he’s looking to share his gratitude by spreading a little digital wealth amongst his fellow players.

Moralis Adds Number One Coinbase Engineer Craig Hammell as a Senior Tech Advisor December 1, 2021 – Sunbyberg, Sweden Decentralized application platform Moralis welcomes Craig Hammell to its team as a senior technical advisor. Attracting Craig Hammell, the first engineering hire of Coinbase, will bring his expertise to the Moralis project and enhance the project’s capacity to scale and encompass more blockchains. Furthermore, Hammell will help bring Moralis’ tools to mobile devices and gaming engines, including Unity.Moralis, a blockchain solution powering decentralized applications (DApps), welcomes a new member to its team. The project has generated a lot of attention following its recent $13.4 million seed funding round, courtesy of EQT Ventures. That seed capital will fuel product development and corporate expansion, bringing Moralis’ user-friendly interface for DApp development to a broader audience. Adding Craig Hammell to the team as a technical advisor will help scale Moralis into the standard for web 3.0 development. Moreover, it will enhance the appeal of its middleware product, as the team adds a senior technical advisor with a proven track record in the crypto world to its ranks. Craig Hammell will fill the role of advisor, as he immediately acknowledged the potential and use case for Moralis and its role in taking web 3.0 into the mainstream.

Katsubet cryptocasino gives 10 FREE SPINS! Special offer from our partners Katsubet. Only for subscribers of our channel - 10 free spins for sign up! A huge number of games and slots, best service on the cryptocasino market! Register now with this link and get 10 FREE SPINS! Сryptocasinos are a new trend in the world of gambling. Major players such as KatsuBet and 7BitCasino are already in the top 10 of the world's casinos. Do not miss this chance to join the world of casinos with our partners! ‍

The largest crypto casino 7BitCasino gives out free bonuses to newcomers Crypto casino today has become a new trend in the world of the crypto industry. The opportunity to make money with ease is now available to everyone. Try yourself in the largest crypto casino on the Internet! Register now and get free spins and bonuses!

Tom Brady Pays Fan an Entire Bitcoin to Get a Special Ball Back Football legend and team member of the Tampa Bay Buccaneers Tom Brady has paid a fan an entire bitcoin to get a special football back. Tom Brady Parts with BTC, Gets a FootballIn a recent interview, Brady recounts throwing his 600th touchdown ball to wide receiver Mike Evans. No player has ever achieved such a touchdown milestone, and this made the ball one of the most special items in the history of the sport. Unfortunately, Evans did not realize the significance of the ball and handed it to a fan named Byron Kennedy in the audience. Realizing how important the ball was, several team representatives began negotiating with the fan to get it back. Overall, Kennedy received as much as $100,000 in gifts – including an entire bitcoin from Brady himself – to hand the ball back, though many analysts estimate the ball itself may have been worth as much as $500,000, and Brady admits Kennedy may have received the short end of the stick.

Celestial Leads The Future Of Cross-Chain Gaming Metaverse Finland, Helsinki, October 29, 2021. Coming up as a first-mover on the adoption of blockchain gaming metaverse on the OEC public chain (formerly known as OKExChain) is Celestial, a cross-chain gaming metaverse trending in the crypto airwaves. Deploying the concept of galactic warfare, Celestial combines the concept of GameFi, SocialFi, and NFTSwap to bring one of the finest innovations to the gaming metaverse. Celestial has grown in popularity in the blockchain gaming ecosystem since its inception. Racking up some impressive figures, Celestial initiated a public BETA test on September 14 that contributed to over 70% of OEC public chain trading activity, resulting in high congestion of the OKexchain, with daily transactions topping 1 million at the time.

Market Pundit Tells Why ‘Shiba Inu Transcending Dogecoin Is Very Bad For Bitcoin’ Key takeaways Shiba Inu (SHIB) recently surpassed Dogecoin (DOGE) by market valuation.The event has raised sentiments that the same could soon happen between Bitcoin and Ethereum.Despite SHIB’s success, leading platforms are still skeptical about listing the asset.Shiba Inu (SHIB), the rave of the moment dog-themed cryptocurrency, finally did the unexpected and flipped long-time rival, Dogecoin (DOGE) yesterday. While the battle has been long drawn out with SHIB repeatedly closing in on DOGE’s dominance, the flippening finally occurred as SHIB made it to 9th place in crypto rankings having reached a market capitalization of around $41 billion compared to DOGE’s around $39 billion. SHIB surged 66.80% in the last 24 hours and also set a new all-time high of around $0.000088. It is currently trading at around $0.000071.

Video Game Retail Giant Gamestop Seeks a Senior Engineer for Blockchain NFT Platform The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail giant Gamestop seems to be building an NFT marketplace. Gamestop Looks to Hire Engineer to Join Company’s NFT/Blockchain TeamOn October 25, the corporate entity Gamestop, a retail chain of video game merchandise and consumer electronics, published a job listing seeking a senior software engineer for a possible NFT platform. The candidate, if hired, will join Gamestop’s “NFT/Blockchain team.” “Gamestop is looking for a Sr. Software Engineer to join our NFT/Blockchain team,” the company’s job listing notes. “This role will be remote and will collaborate with a team of engineers, product managers, designers, and business partners distributed across the U.S. In this role, you will help design, build, and maintain highly scalable services and core API components, powering products and features that delight millions of Gamestop customers.”

Binance CEO Changpeng Zhao Warns Of Very High Crypto Volatility — Here’s What To Expect The Bitcoin market is currently one of the most talked-about markets at present. A lot of recent events have sparked conversations about where the market is headed in the long term. Although presently, the market is performing as analysts predicted it would. Nonetheless, there have been some notable drawbacks that have caused prominent figures in the market to speak up about the impending volatility that could hit the big bull anytime soon. Speaking to Fox News over the weekend was Mohammed El-Erian, the former chief executive of Pimco who asserted that although the market is commendably stable, it might be short-lived. His reasoning is that the Fed’s have stirred up a liquidity wave that has significantly boosted the price stability, and that in the long term, things are bound to change.

Over 3,000,000 Email Addresses Associated With CoinMarketCap Accounts Leaked on Hacking Forums: Report Millions of email addresses with accounts on prominent crypto price-tracking platform CoinMarketCap are being traded on hacking forums, according to a data breach-monitoring site. Have I Been Pwned (HIBP) says that 3,117,548 email addresses associated with CoinMarketCap accounts have been circulating hacking forums since October 12th.

MEXC Wins Title Of Best Exchange In Asia At The Crypto Expo Dubai Conference MEXC Global was crowned the best cryptocurrency exchange platform in Asia at the Crypto Expo Dubai 2021. MEXC dedicates this accolade to all its loyal customers and supporters, without whom an audience for it would be non-existent. Some of the prominent players in the blockchain industry graced the rare event, including 50 crypto-based companies, and over 60 CEOs and founders from more than 30 countries. The event hosted more than 3,000 traders, with MEXC as a gold partner.

Pacaso Is Helping People Buy Houses with Crypto Pacaso – a leading real estate firm – has announced it will begin accepting cryptocurrency payments from users looking to purchase or invest in a second home. Pacaso Is Allowing Crypto Payments for Second HomesThe property in question cannot be a first-time buy. The company wants to ensure the customers in question have a little experience in the real estate market before they commit to a cryptocurrency-based purchase. That said, Pacaso realizes that digital currencies are becoming more mainstream, and investors are looking to potentially cash in on these assets by obtaining properties to build their wealth. The company has joined hands with Bit Pay, a crypto payment processing platform, to ensure transactions are correct and completed in due time. The currencies that customers can pay with include bitcoin, Ethereum, Litecoin, bitcoin cash, Dogecoin, and several stable currencies.

Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’ According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin” and added, “I feel like I’ve been underinvested in it.” Peter Thiel Postulates Meeting Satoshi Nakamoto on a Beach in AnguillaThe tech investor Peter Thiel is a fan of bitcoin (BTC) and has explained this on a few occasions in the past. In mid-May, Palantir Technologies, the American big data software firm, revealed that the company would accept bitcoin for services and was also considering keeping the crypto asset on its balance sheet.Bloomberg reported that the billionaire venture capitalist said bitcoin is an “already known” secret, speaking at a conference in Miami. In addition to this statement, Thiel reportedly said that he felt “underinvested” in bitcoin.Furthermore, Thiel also discussed an early encounter with the founders of E-Gold Ltd., the defunct digital gold company. Thiel talked about a theory he has that he may have met Satoshi Nakamoto, the creator of Bitcoin, the day he met with the E-Gold team.“My sort of theory on Satoshi’s identity was that Satoshi was on that beach in Anguilla,” Thiel is quoted as saying. “I met them on the beach in Anguilla in February of 2000. We were beginning the revolution against the central banks on the beach in Anguilla. We were going to make Paypal interoperable with E-Gold and blow up all the central banks.”Thiel said there were around 200 people at that initial meeting. “Bitcoin was the answer to E-Gold, and Satoshi learned that you had to be anonymous and you had to not have a company,” Thiel said. “Even a company, even a corporate form was too governmentally linked,” the tech billionaire said. Peter Thiel: ‘The Fact That Bitcoin Is at $60,000 Is an Extremely Hopeful Sign’

Ethereum on the Brink of Catching Fire, According to Analyst Justin Bennett – Here’s His Target and Timeline Widely followed crypto analyst Justin Bennett thinks Ethereum (ETH) is gearing up for another major rally that could launch the crypto asset by nearly 400%. In a series of tweets, Bennett explains how Ethereum could rally to $20,000 by January 2022 if Bitcoin (BTC) allows for the right market conditions. “If $BTC breaks $65,000 without a significant pullback first, $ETH probably matches it with a close above the May trend line. Would put ETH on track for $20,000 in January.

Secretum: The Much Needed Solution To Today’s Messaging Applications Secretum, the world’s first and only decentralized, encrypted messaging and OTC trading app powered by Solana blockchain, has set itself as the best messaging app promising to revolutionize the industry. Secretum is the first decentralized, encrypted messaging app that offers users an intuitive, easy, and direct messaging platform. Secretum is built upon a three-layer architecture – Blockchain, application, and nodes.

CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5% Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!

ProShares Bitcoin ETF To Go Live Tomorrow, Marking Major Milestone For Crypto World After a myriad of rejections by the SEC over the past years, it has now been officially confirmed that the first-ever Bitcoin ETF in the United States is set to make its debut this week. ProShares’ ETF To Start Trading On NYSEThis week marks a landmark event in the crypto industry as the first long-awaited Bitcoin ETF in the U.S. will debut on the New York Stock Exchange on October 19. ProShares will launch the Bitcoin Futures ETF known as ProShares Bitcoin Strategy ETF under the ticker BITO. The fund is linked to BTC futures that are traded on the Chicago Mercantile Exchange (CME). The ETF will finally start trading after a 75-day review period by the Securities and Exchange Commission (SEC) captained by Gary Gensler and will provide investors with a new way to purchase the benchmark cryptocurrency on the stock market.

Eric Rosengren: A Digital Dollar Could Be Great for the U.S. Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness. Eric Rosengren Thinks a Digital Dollar Could Work for the CountryIf only China could have such an attitude. One of the big reasons, analysts speculate, why China has ultimately eliminated both bitcoin and its crypto mining industry over the past few months is because the country does not want any competition for the digital yuan, which is the virtual form of its national currency. The asset was introduced in late 2019 and has already gone through several stages of testing, including being worked into the payment systems of various American companies such as Subway. In addition, a select group of individuals have been chosen to use the digital yuan for payments. Surely, the digital yuan could have operated alongside bitcoin and other digital assets, but China clearly felt otherwise. It has since forced all its crypto miners to move elsewhere and has declared all bitcoin and digital currency transactions illegal.

The Catalyst Required For Bitcoin To Finally Reach $100,000 Is Here Multiple reports corroborate that the SEC could approve a Bitcoin Futures Exchange-Traded Fund next week and the regulator is reportedly no longer opposed to these products. These reports – of course among other factors, are currently breeding huge positive price changes for Bitcoin. They are solidifying the claims by the BTC price stock-to-flow model, whose creator, a pseudo-anonymous bitcoin analyst called PlanB, and British cryptographer Adam Back opined that Bitcoin would attain a $100,000 price by year-end. Anthony Pompliano, not basing his prediction on ETFs just like these two do not, also says Bitcoin could attain that price mark this year.

New York and Texas Are Competing for New Crypto Miners There are still many miners having to leave China after the country declared bitcoin illegal. It looks like New York and Texas are now competing as they work to bring many of these miners to their turf. New York and Texas Go Head to HeadIn addition to New York and Texas, Kentucky and Georgia are also attracting their fair share of new miners. These regions are known for offering very inexpensive electricity in certain areas, and those looking to extract new coins are eager to take advantage and mine all they can for as little as possible. At the top of the list is the Big Apple. Just shy of 20 percent of bitcoin’s hash rate is in New York, while Kentucky falls into second place with 18.7 percent. Third is Georgia, with approximately 17.3 percent, and Texas comes in fourth place with 14 percent. Despite these stats, Texas – according to Foundry USA – ranks as the biggest mining pool in the United States and the fifth largest in the world.

Bitcoin Miners Are Changing The Energy Industry: Here Is How They Are Doing It Bitcoin has had far-reaching consequences, almost single-handedly changing the world’s financial landscape. The asset class has the energy industry in its sights and is set to bring a wave of innovation through mining. Mining Bitcoins On Oil FieldsBitcoin maximalist Anthony Pompliano in a tweet to his 1.1 million followers drew attention to the innovative way Bitcoin was changing the energy industry. They achieve this by mining bitcoin on oil fields and making practical use of natural gas that is often flared. Bitcoin miners are taking advantage of the opportunity to prevent energy waste and giving value to a commodity that has no real use. “There was 419 billion cubic feet of natural gas burned off last year from flaring or venting, according to the Energy Information Administration. No one used it for anything. This total waste is a massive opportunity for bitcoin miners,” says Pompliano. However, in recent times, Bitcoin miners are taking advantage of this source of energy, “creating a market for wasted gas to reduce flaring and cut emissions.”

​​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.

Litecoin (LTC) Price Analysis: $200 Presents Key Resistance Litecoin price is recovering higher above $170 against the US Dollar, similar to bitcoin. LTC price could continue higher if it clears $185 and $188. Litecoin Price AnalysisThis week, there was a fresh increase in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC failed to clear the $185 resistance and corrected lower. There was a break below the $172 support, but dips were limited. The price formed a support base above $165 and started a fresh increase. There was a break above the $172 resistance zone. It cleared the 50% Fib retracement level of the main decline from the $185 swing high to $166 low.

US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the dreary economic outlook, gas prices across the U.S. have skyrocketed up more than $1 from a year ago. New York Fed’s Survey of Consumer Expectations Continues to Look GloomyAfter 2020’s massive monetary expansion, in order to help the economy combat the coronavirus outbreak and help facilitate the lockdown orders that subsequently followed, inflation has crept into the wallets of every American.Month after month, the Federal Reserve has published the central bank’s Survey of Consumer Expectations (SCE) reports, and every month, inflation expectations jump higher. Once again, the latest Fed SCE report published on Tuesday indicates that Americans are still expecting higher inflation and low purchasing power a year from now.The inflation expectations have surged to all-time highs and are the highest levels since 2013, with an expectation of 5.3% one year from now. Furthermore, the New York Fed (the branch that publishes the SCE report), once again mentions the coronavirus.“Median inflation uncertainty – or the uncertainty expressed regarding future inflation outcomes – was unchanged at the short-term horizon and decreased at the medium-term horizon,” the Fed survey highlights. “Both measures are still well above the levels observed before the outbreak of Covid-19.” The recently published Fed SCE report leverages a rotating panel of 1,300 households. IMF Warns Central Banks Like the Fed to Tighten Monetary Easing PolicyIn addition to the SCE report, the International Monetary Fund (IMF) has noted, in the world organizations’ quarterly update on global economic conditions, that central banks may need to tighten monetary easing policy. The IMF emphasized countries like the U.S. and the U.K. where “inflation risks are skewed to the upside.” IMF warns of need to be ‘very, very vigilant’ over rising inflation risk

Dreams Quest To Launch IDO $DREAMS IDO launches on Red Kite and GameFi, DuckStarter Singapore, 9th OCT – Dreams Quest, a blockchain-based NFT gaming platform, announces the launch of their anticipated IDO campaign scheduled on Red Kite (Polka Foundry), GameFi, and DuckStarter. The launch gives an opportunity to access the Dreams Quest ecosystem by purchasing $DREAMS tokens. The ecosystem will be gradually unveiled with a variety of mini-games, leading up to the launch set for 2022.

This Pro-Crypto U.S. Senate Candidate Holds Over $1M In Bitcoin Blake Masters, a Republican who is hoping to unseat incumbent Arizona Senator Mark Kelly during the 2022 election, is a bitcoin millionaire, according to the latest filed financials. Blake Masters’ Crypto InvestmentsIn its early years, bitcoin was dismissed by institutional investors as a worthless digital asset that attracts criminals. This has, however, changed significantly in recent years. Owing to the top crypto’s outstanding performance compared to other asset classes, bitcoin now bears the hallmark of institutional acceptance. While the rush of smart money and mainstream financial institutions to bitcoin is a very bullish signal, Congressional adoption is a completely different ball game. Blake Masters, who is a top aide to billionaire entrepreneur Peter Thiel revealed his crypto portfolio in a recent filing with the U.S. Securities and Exchange Commission (SEC). Per the filing, Masters currently owns bitcoin worth more than $1 million. He has also allocated his portfolio to other cryptocurrencies including Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tezos (XTZ), among others. This means that Masters is one of the most deeply crypto-invested congressional candidates. Apart from crypto, Masters has also invested in precious metals like gold and silver.

Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popular stablecoin, to simplify and accelerate the process of sending remittances. This also means that Moneygram will act as a fiat on and off-ramp service for USD coin users. Moneygram to Use Crypto for RemittancesMoneygram, a Dallas, Texas-based payments and remittances company, has announced a partnership with the Stellar Development Foundation, the development and growth arm for the Stellar blockchain, to make use of its capabilities for settling payments and facilitating remittances. The company will use the native version of USDC on the Stellar blockchain to move funds in a more easy and effective way. However, neither Moneygram nor Circle are banks. United Texas Bank will serve as a settlement bank between Circle and MoneyGram, acting as a link between the two institutions. Moneygram now becomes an off-ramp for users of USD coin as a way of getting fiat funds, and vice-versa, adding value to the USDC ecosystem. Moneygram was one of the first remittances companies to integrate blockchain when it announced a partnership with Ripple. However, this partnership dissolved after the SEC announced it was pursuing legal actions against the company in December, 2020. Simpler, Faster, and CheaperThe new system to be implemented by the company is expected to allow for almost instantaneous settlement times with low fees thanks to the use of the Stellar blockchain, and no implied volatility due to the use of stablecoins. About the importance of these instruments, Alex Holmes, CEO of Moneygram stated: As crypto and digital currencies rise in prominence, we’re especially optimistic about the potential of stablecoins as a method to streamline cross-border payments… we are extremely well-positioned to continue to be the leader in building bridges to connect digital currencies with local fiat currencies. According to Circle, this partnership will contribute to lowering the costs associated with remittances. This is one of the UN’s proposed Sustainable Development Goals, which aims to lower remittance costs from 7% to 3% of the funds sent. It will be interesting to see if cryptocurrencies can help achieve this objective in the short term.