Four Tether Executives Are Now Crypto Billionaires As Stablecoin Issuer Fetches $9,000,000,000 Valuation: Forbes The four executives behind the biggest stablecoin in the world are reportedly worth over $1 billion each now that the market cap of Tether (USDT) is at an all-time high. Despite a long bear market for digital assets, the British Virgin Islands-based company posted a profit of $1.5 billion in the first quarter of 2023 alone, with USDT accounting for over 50% of the entire crypto market’s liquidity, according to Forbes.

US Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator Acting Comptroller of the Currency Michael J. Hsu just issued a fresh warning about potential risks to the US banking system. In a new statement from the Office of the Comptroller of the Currency (OCC), Hsu says that banks should be “on the balls of their feet” with regards to risk management as credit markets begin to weaken.

‌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

Mysterious Bitcoin Whale Abruptly Moves Over $525,000,000 in BTC – Here’s Where the Crypto’s Headed An anonymous Bitcoin (BTC) whale is suddenly moving over $525 million of the crypto king in a single huge transaction. According to new data from whale-surveying platform Whale Alert, a deep-pocketed trader abruptly shifted on Thursday a staggering 20,054 BTC worth about $525.7 million at time of writing from one unknown crypto wallet to another.

Blofin Eases Access to Vietnamese Market with Language Support Hanoi, Vietnam (Apr. 18th, 2023) – Blofin launched a Vietnamese language service to improve the experience for local users. It has collaborated with affiliates, start-ups, and customers to improve cryptocurrency adoption with the Blofin trading system in the Vietnamese market. As part of its commitment, Blofin is dedicated to continually improving their crypto exchange platform based on user feedback. According to the 2022 Global Crypto Adoption Index, Vietnam has emerged as the leader in cryptocurrency adoption worldwide, with 21% of its population reportedly owning cryptocurrencies. The Vietnamese people are using digital currencies for remittances, as a hedge against fiat currency volatility, and for other financial purposes that are unique to their economy. Blofin’s CEO, Matt, expressed his pride in Vietnam’s remarkable growth, “In less than three years, Vietnam made it an appealing destination for cryptocurrency ventures. Blofin is delighted to provide a dependable and accurate trading platform for Vietnamese users to meet their needs.”

Under-the-Radar Altcoin Rips Nearly 55% This Week Amid Surging Trading Volume and Induction Into Industry Group An under-the-radar altcoin built on Ethereum (ETH) is defying the correction in the broader crypto markets after surging about 55% this week. Polymath (POLY) rallied from a weekly low of $0.176 to a high of $0.272 to dramatically outpace the crypto markets at large.

Classic Parade Introduces New Crypto Payment System Last year, a company called Classic Parade announced it was going to let crypto fans rent their classic cars using crypto. Now, the company is taking things a step further by introducing a brand new digital currency payment system. Classic Parade Continues Its Crypto JourneyBased in the United Kingdom, Classic Parade offers a wide array of classic and luxury vehicles individuals can rent. Andrew Brown – the founder and owner of Classic Parade – explained in a recent interview: Our clientele are international and want to be able to pay to rent our supercars without the hassle and cost of exchange rates and transfer fees. Many of our clientele have significant holdings in cryptocurrency, and so it makes sense to offer this option for them. The transactions are immediate, and we can also take the deposits in crypto as well, and then it’s easy to return the deposit after the rental has expired as well… We [need] to go through the usual identity checks needed to hire a vehicle, but these are easy to process, and it becomes much easier with every repeat transaction. This way, we can also provide adequate ‘know your customer’ checks. One of Classic Parade’s most popular cars for summer rentals is the Lamborghini Huracan Spyder, which costs £1,100 a day to rent or 1.21 ETH or 0.064 BTC. We are expecting a great deal of interest from crypto investors in the next few months to rent out our incredible supercars. Many investors are relatively young and want to show their wealth, and so the interest in supercars is very strong for this market.

Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks The persistent scarcity of foreign exchange may force the Nigerian central bank to delay repaying the $10.4 billion owed to local banks, analysts at Moody’s Investors Service have concluded. The central bank’s failure to pay its debts on time will likely force the affected financial institutions to similarly delay paying back their own forex-denominated debts. Nigeria’s Declining Oil RevenuesNigeria’s perennial shortage of foreign exchange may likely result in the country’s central bank failing to repay domestic lenders on time, the rating agency Moody’s Investors Service has said. As reported by Bloomberg, the Central Bank of Nigeria (CBN) owes the West African nation’s so-called rated commercial lenders about $10.4 billion which the bank received in the form of swaps and forwards. According to Moody’s analysts that include Mik Kabeya and Lynn Merhi, the anticipated central bank debt repayment delay may similarly force the affected banks to delay settling their own offshore obligations.

Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging artists, including singers, musicians, DJs, and producers, to use blockchain tools to grow their brand and fan engagement. Mastercard Partners With Polygon to Teach Web3Traditional finance companies are now seeking to harness the power of blockchain for a myriad of activities in different fields. Mastercard, one of the biggest payments companies, has partnered with Polygon, an Ethereum scaling platform, to introduce five different emerging artists to the possibilities that Web3 tech can bring to their activities. The Mastercard artist accelerator program will use the Polygon network to teach the selected artists how to perform a series of activities that will allow them to cut the middleman, mint their own NFT (non-fungible tokens) collections to grow their online fan engagement, and be present in metaverse-based concerts, among others.

Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors to “get out” of crypto now. Jim Cramer’s Latest Crypto WarningsThe host of CNBC’s Mad Money show, Jim Cramer, is back with more warnings for crypto investors. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.

Warren Buffett Explains His Hate for Bitcoin Bitcoin has had its worst year to date, and Warren Buffett – the billionaire investor and CEO behind real estate giant Berkshire Hathaway – is laughing in all our faces right about now. Warren Buffett Really Hates BitcoinBuffett has never supported bitcoin. In fact, he’s said some rather negative things about it. Discussing crypto assets in 2018, he said: They will come to a very bad ending.

Japanese Crypto Exchange Aims To Go Public on the Nasdaq Next Year A Japanese crypto exchange and Web3 platform is looking to grow by going public on the Nasdaq Stock Market by 2023. According to a Q2 fiscal report filed with the U.S. Securities and Exchange Commission (SEC), Tokyo-based crypto exchange platform Coincheck is planning to go public on the Nasdaq next year.

“We Stand For Bankers” ECB Chief Lagarde Disclosed That She Dislikes Seeing a New Period of “Free Banking” In Crypto Christine Lagarde, the chief of the European Central Bank (ECB), attended an online panel today hosted by the Bank of France alongside The Federal Reserve’s Jerome Powell to share their thoughts on CBDCs and the decentralized financial sector (DeFi). Christine Lagarde, described cryptocurrency evolution as “stormy.” According to her, crypto initially started as a cultural hype pushed by libertarians and promoted by Satoshi Nakomoto, to now being a tool widely accepted by companies such as PayPal, Mastercard, and Visa.

Post Voyager Announces Launch of Jellyme, an NFT Marketplace on the MOOI Network POST VOYAGER, a blockchain division of Cocone, a leading name in Japanese mobile gaming, and a creator of the MOOI Network, announced the opening of Jellyme, a non-fungible token (NFT) marketplace, on Monday. A “decentralised NFT marketplace that enables the MOOI Network users to enjoy their NFTs, primarily in-game assets or characters by possessing full ownership of their NFTs” is how Jellyme is described. The MOOI Wallet can be used to store NFTs traded on the platform, and MOOI tokens, the MOOI Network’s governance token, will be used to facilitate all transactions.

‌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.

Legal Expert Slams SEC Bid To Revoke XRP Holders’ Amici Status In High-Profile Ripple Case The drawn-out litigation between the United States Securities and Exchange Commission (SEC) and the distributed ledger technology company, Ripple, continues to see new developments. The SEC has filed a letter asking the court to throw out XRP holders’ amici status. SEC’s Seeks To Bar Token Holders’ Views Defense lawyer James K. Filan took to Twitter earlier today to share a heavily redacted letter submitted by the SEC. In the letter, the regulator requested U.S. District Judge Analisa Torres to rescind the amici status granted to XRP token holders and restrict attorney John E. Deaton from further participation in the legal battle. The SEC noted that last October, the judge determined that token holders could participate as “amicus curiae” — a party that is not involved in the litigation but is permitted by the court to advise or provide information.

Gold Market on the Rise – AABBG Token and the Gold Crypto Opportunity The current economic scenario has awoken the gold bulls on the financial markets. The fears of an economic recession and the currently high inflation are pushing the gold prices up. In this particular framework, investors seem to have a new weapon under their belt: gold-backed cryptocurrencies. These assets aim to take the best features from two distinct worlds. These projects want to merge the growth potential of cryptocurrencies and the safe-haven feature of the gold market.

UK Treasury Plans To Go Ahead With Legalizing Stablecoins Despite TerraUSD Debacle In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her Majesty’s Treasury would put these plans on hold, but it appears the regulators are moving ahead with their plans. UK Stablecoin Plans Not DeterredThe UK Treasury has revealed that it plans to go ahead with its plan to create legislation to make certain stablecoins accepted currencies for goods and services. Remarkably, even as crypto markets, stablecoins included, experienced a lot of volatility last week, the department remains undeterred. Notably, in April, Her Majesty’s Treasury had revealed plans to make the UK a hub for crypto-assets and blockchain technology. In line with the set goal, the Treasury Department announced that the government would create legislation to allow stablecoins to be accepted for goods and services in the UK.

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 Has Fallen, but Not Everyone Thinks This Is the End Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be HopeHowever, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind to BTC or its altcoin cousins, especially when one considers the fact that the asset was trading for nearly $70,000 last November. Still, the present circumstances aren’t depressing analysts. In fact, several of them are still quite bullish about where the digital currency space is heading. They are convinced this is just a bump in the road, but that in the end, bitcoin and its counterparts are going to accomplish some big things.

Analyst Says One Ethereum Competitor Could Flip Bullish, Warns Against Altcoin That Surged Over 130% in Hours A popular analyst is looking under the hood of four crypto assets to gauge if they have enough upside potential for buy-in. Pseudonymous trader Altcoin Sherpa tells his 170,3000 Twitter followers that he expects the Ethereum (ETH) challenger and smart contract platform Solana (SOL) to break out past the $100 level once again.

Everdome To Launch Mission to Mars From Hatta, United Arab Emirates February 25, 2022 – Dubai, United Arab Emirates Iconic Dubai tourism destination chosen for the Earth-based phase one of Everdome’s metaverse journey.Everdome, the most hyper-realistic metaverse, has announced the mission launch site will be in the stunning mountainous region of Hatta in Dubai, United Arab Emirates. Newly released footage gives users a taste for what’s to come, exploring the spawn and launch rooms with expansive views of the launch site brought to life by the Unreal Engine Five-powered game. Set to launch in three phases throughout 2022, Everdome will take users on a journey from planet Earth to Mars. Phase one includes the pre-launch phase, set in Hatta, during which users can explore the launch room and learn more about space exploration and the journey to come. Phases two and three continue the Everdome journey, from mission launch and life aboard the vessel, through to landing and settling on Mars.

DeFi – Reflections on 2021 and the Road Ahead It’s fair to say that crypto has brought us many surprises over the last year. Many expected DeFi to go mainstream in 2021, and while major corporations and institutions started to take an interest in Ethereum and the DeFi ecosystem running on top of it, there’s little doubt that NFTs stole the spotlight. In fact, while NFTs pervaded mainstream culture for the first time, many of the earliest DeFi protocols stalled and entered their own bear market even as other crypto assets soared to record highs. One factor behind this might be the rising gas fees on Ethereum, as well as traders seeking exposure to ETH over application-level governance tokens. Nonetheless, while many DeFi tokens traded sideways, the total value locked in the industry surpassed $100 billion on Ethereum and $250 billion across the broader ecosystem.

Ethereum Price Analysis: ETH Could Rally If It Clears $4K Ethereum price is recovering above $3,900 against the US Dollar. ETH/USD could start a steady increase if there is a clear move above $4,000. Ethereum Price AnalysisRecently, ethereum saw a fresh decline from well above $4,000 against the US Dollar. ETH price traded below the $4,000 support and moved into a bearish zone. There was also a move below the $3,720 level and the 55 simple moving average (4-hours). A low was formed near $3,660 and the price is now correcting losses. The price recovered above the $3,800 resistance level. There was a move above the 23.6% Fib retracement level of the key decline from the $4,490 swing high to $3,660 low.

DeFi Fraud and Theft Losses Skyrocket by 600% in 2021: Report Blockchain analytics firm Elliptic says the rapidly expanding decentralized finance (DeFi) sector of the crypto world has seen fraudsters make off with billions of dollars in illicit gains. In a new report called “DeFi: Risk, Regulation, and the Rise of DeCrime,” the firm coins the new term “DeCrime” to highlight the type of theft that has increased by 600% since 2020. Total losses as of this month were over $12 billion.

Aladdin Exchange Will Now Offer Demo Trading Platform for New Traders Aladdin Exchange has made it easier for the general public to dive into crypto trading by introducing demo trading. Coming soon on its platform, Aladdin’s Demo Trading, a user can enjoy a free demo account without making a deposit, providing a risk-free trading experience. Aladdin’s Demo Trading will act as a training ground for new traders. It will simulate the market environment with the goal to replicate ‘real’ trading as closely as possible. It will also give users demo coins that will serve as their starting balance for trade. Aladdin’s Demo Trading will let prospective customers familiarize themselves with the know-how of the trading platform prior to doing the real thing.

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Gate.io’s Perpetual Contracts More Popular Than Ever During Bitcoin’s most recent run which saw it break through its previous all-time high, trading volume on leading cryptocurrency exchange, Gate.io, surged during September and October. The Securities and Exchange Commission (SEC) greenlit bitcoin futures ETFs on October 15th, in an industry first that has sent the leading cryptocurrency surging in recent weeks. Last week, the price of Bitcoin officially broke through $66,000 and surged to a new record all-time high. At the same time, the popularity of Gate.io’s Perpetual Contracts also reached a new high.

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MEDACOIN: A Unique Play to Earn Platform Medacoin (by Medabots) is reaching its heights by following a strict business model that has two important factors. The first is maintaining positive growth that will keep the team and the project on track with its roadmap goals, and the second is by engaging and building trust amongst its community. The first stage of the roadmap has been very positive with the successful launch of the in-game token, Medacoin. Now it is time to enter the next phase of the roadmap by releasing the Medabots video game in Q4. Medacoin (MEDA) is a brand-new cryptocurrency that is based on the BNB platform and allows its users to control their in game virtual assets. Medacoin will serve as the native currency in the Medabots games and can also be used to make in-game purchases in the NFT marketplace! Medacoin Usage Medacoin can be used for several purposes, on several platforms! Here is a list on how Medacoin can be used: In-game purchases:– Physical Medabots– NFT Marketplace– In-Game Credits Used to enter live tournaments against other players (P2E)Used to fund future NFT tournamentsCan be transferred and used on all the games that are backed by the platform.How to Buy Medacoin

​​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.

George Soros’ Fund Holds Bitcoin, CEO Says Cryptocurrency Has Gone Mainstream Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.” Soros Fund Management’s CEO Says Bitcoin Has Gone MainstreamSoros Fund Management, the asset management company founded by billionaire investor George Soros, has invested in bitcoin, the fund’s CEO, Dawn Fitzpatrick, revealed in an interview with Bloomberg, published Tuesday.Fitzpatrick is both the CEO and chief investment officer (CIO) of Soros Fund Management. She is the first person to hold both titles.Discussing inflation, she said, “If you watched gold in September, it was down 5% so I think the fear of the debasing of the U.S. dollar has receded to a degree.” In addition, she noted, “The IMF just came out with kind of reserve currency balances and the U.S. dollar has stopped losing ground.”Nonetheless, bitcoin is trading above $50K. Commenting on the rapid rise in the price of BTC, Fitzpatrick opined: I am not sure bitcoin is only viewed as an inflation hedge here. I think it’s crossed the chasm to mainstream. Cryptocurrencies now have a market cap of over $2 trillion. There’s 200 million users around the world. So, I think this has gone mainstream from our perspective.

Panther Protocol Partners With Firo to Boost Privacy Technology Panther Protocol, an end-to-end privacy protocol that integrates blockchains to develop privacy technologies has entered a partnership with Firo, a privacy advocator digital currency that facilitates true financial freedom for users according to a recent announcement. It is quite interesting that the partnering companies both have their focuses on facilitating privacy infrastructures for financial institutions and large corporations. Hence, the collaboration is likely regarded as a suitable one since both companies are recognized for advocating privacy.

Fintech Firm Revolut Pays for Dallas-Based Wework Workspace With Bitcoin The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion. Revolut Pays Bitcoin for Wework Property in TexasOn September 16, 2021, Revolut, the fintech firm that offers users cryptocurrency services and aims to provide the world with a “global financial superapp” announced a deal with Wework. According to the announcement, Revolut will be leveraging the Wework workspace at 6900 Dallas Parkway in Dallas, Texas. Revolut details that the payment for the workspace was settled in bitcoin (BTC). The company said on Thursday: Revolut will also be Wework’s first enterprise member to sign new space using cryptocurrency, specifically bitcoin, as it establishes its largest office yet in the U.S.

SolRazr Raises $1.5 Million To Build First Decentralized Developer Ecosystem for Solana Blockchain September 7, 2021 – Singapore, Singapore Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising launchpad, accelerator, and developer tools.Designed to be the de-facto fundraising and developer platform for projects building on Solana, SolRazr aims to support the growth of decentralized finance (DeFi) on the high-performance network. “Solana will power SolRazr to help projects raise capital at lightning speed, and to help investors contribute at negligible transaction costs,” said Sreekanth Kalapur, Co-Founder of SolRazr. “The platform is not only fast and inexpensive but also secure and bot-proof, providing fair and truly decentralized allocations for the SolRazr community. SolRazr is not just a launchpad; we are building a platform with a host of developer tools to help anyone build fast on Solana.”

Jack Dorsey’s Square Sets Out To Build A Decentralized Bitcoin Exchange Jack Dorsey, CEO, and founder of Square has announced that the payments company’s recently established department, TBD, will be building a decentralized exchange (DEX) for Bitcoin. “We’ve determined @TDB54566975’s direction: help us build an open platform to create a decentralized exchange for Bitcoin,” Dorsey said in a recent tweet. TBD was first announced in July without much clarification when Dorsey stated that Square would be building a new business focused on providing “non-custodial, permissionless, and decentralized financial services” for Bitcoin.

​​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.

InfStones joins interoperable blockchain protocol Persistence as validator InfStones, a blockchain infrastructure service provider, announced today it has partnered with Persistence, an interoperable blockchain protocol. InfStones will be joining the Persistence mainnet as a validator in order to provide staking services to the community. “The Persistence ecosystem is growing rapidly and with this expansion, we are dedicated to working and growing our network security. The addition of InfStones to the ecosystem is a long stride in achieving our goal as they are one of the most trusted validators by leading exchanges and networks.”– Tushar Aggarwal, Co-Founder & CEO of Persistence

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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Binance US CEO Suddenly Steps Down, Cites ‘Differences’ With Colleagues Brian Brooks is resigning as chief executive officer of crypto exchange Binance.US just three months after he was appointed to the position. Brooks unveils to his 57,900 followers the reason behind his sudden departure. “Greetings crypto community. Letting you all know that I have resigned as CEO of ⁦⁦⁦BinanceUS. Despite differences over strategic direction, I wish my former colleagues much success. Exciting new things to come!”

On Curbing Market Manipulation, Sen. Warren Tells Why She’s Skeptical Of Bitcoin As An Inflation Hedge The cryptocurrency market requires tighter regulation to benefit small-scale investors and enable the government to push back on the whale-ridden market, according to Senator Elizabeth Warren. The Chair of the Senate Banking Subcommittee made the remarks during an interview with CNBC, adding that heavy money movers often manipulate the price of crypto assets like bitcoin by taking advantage of lax crypto-regulatory guidelines.

Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large drops seen across stock markets on Monday morning, as equities have significantly decreased in value. Crypto Markets Follow Monday’s Stock Market Rout, Entire Crypto Market Cap Sheds Over 3%Bitcoin dropped to a low of $30,400 on July 19, losing approximately 8.64% during the last week as the leading crypto asset slid 3.3% in 24 hours. Bitcoin’s market valuation is $575 billion at the time of writing and there’s $19 billion worth of BTC trade volume on Monday. The top five trading pairs with BTC include USDT, USD, BUSD, JPY, and EUR. The stablecoin tether (USDT) commands over 56% of today’s BTC trades. Out of the $1.25 trillion, BTC captures 46.4% of the overall valuation, while ethereum (ETH) commands 17% of the entire crypto economy.

Tendermint introduces Emeris: all-in-one dashboard for cross-chain crypto apps Tendermint, an open network infrastructure provider with a focus on the Cosmos blockchain ecosystem, today introduced Emeris, a one-stop portal for all crypto apps, no matter what blockchain they run on. Starting as a non-custodial, cross-chain DeFi portal, Emeris will extend its suite of products to other tools including a mobile app and a browser extension wallet. Blockchain AgnosticThe goal of Emeris is to integrate decentralized applications (dApps) from different blockchains. Moreover, it will provide access to various types of sector protocols, from lending and yield farming to NFT marketplaces, payment applications, data storage, and many other use-cases. Emeris BetaFor this month’s beta launch, Emeris will initially focus on cross-chain DeFi. Emeris will provide users with a dashboard presenting a consolidated view of their crypto holdings across multiple Cosmos chains. Initially, supported chains will include Cosmos Hub, Crypto.com, Akash Network, IrisNet, Persistence, Osmosis, Regen Network, and Sentinel. Plans are for new chains will be regularly integrated. In addition to its asset management capability, the Emeris dashboard comes with two flagship features:

Canada’s Largest Green Bitcoin Mining Firm Expands Public Trading With Nasqad Listing One of the largest Canadian renewable energy-focused cryptocurrency mining firms BitFarms has been listed on the New York-based American stock exchange Market NASDAQ. Cryptocurrency mining firms earn transaction fees in the native token of the specific network such as bitcoin, Ethereum, and Litecoin, for securing and processing transactions on the networks. The firm started as a bitcoin mining farm in 2017 but has since diversified its portfolio through partnerships and established five industrial mining facilities in Quebec. ”We are proud to be a leader in the industry in setting the highest standards for ourselves and our mining operations and to be uplifting to one of the most prestigious stock exchanges in the world.” Bitfarms to Become The Largest Green Crypto Mining CompanyBitfarms prides itself as the greenest mining company on the bitcoin network and uses 99% of its hydropower to power 1% of the network. The listing is an important achievement and a significant milestone that follows years of development and ambition, Bitfarms said. “When Bitfarms begins trading on the Nasqad, it will be the largest publicly traded Bitcoin miner in Both America using greater than 99% hydroelectric renewable electricity.”. After the Nasqad debut, Bitfarms slumped 8% to $3.9 on Monday during its first day of trading and other mining companies like Marathon Digital Holdings and Riot Blockchain. However, Bitfarms had been publicly trading on the Toronto Stock Exchange for two years. The slump has been linked to the ongoing crackdown of crypto mining firms in China, which has led to major sell-offs of various cryptocurrencies, including bitcoin as well as a drop in the value of mining equipment. Despite the price slump, Bitfarms said in Mid-June that the global redistribution of the Bitcoin hash rate has so far been benefiting the firm. “As the hashrate of Chinese miners drops, Bitfarms has earned higher transaction fees and increased its shares of the total Bitcoin network hashrate.” As a result of the crackdown, Bitfarms has been earning more Bitcoin using the same hashrate and costs of operations. Bitfarms Expansion Plan with Foundry PartnershipThe listing comes two months after Bitfarms entered into a joint partnership with Foundry Digital, a subsidiary of Digital Currency Group. Foundry provides financing for mining bitcoin and other cryptocurrencies mining equipment, as well offering access to equipment manufacturers. The partnership has facilitated the purchase of 2,465 Whatsminer M3OS Bitcoin mining machines, which have collectively increased Bitfarms operating hashrate by 133PH/s. The Nasdaq listing also adds to the growing number of companies with cryptocurrency companies with public listings, including Coinbase and Grayscale. Other top non-crypto currency firms with exposure to crypto through partnerships, investments, or side ventures, include Microsoft, Square, Paypal, Visa, Goldman Sachs, MicroStrategy, and Mastercard.

Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the death cross technical pattern means the price is due to rebound and possibly double-top to higher values than the previous all-time high. The Return of the Infamous Death CrossOn June 19, a number of Twitter conversations, forum posts, and even headlines discussed the technical pattern called the death cross in regard to bitcoin’s (BTC) chart. Bloomberg published an article concerning the death cross on Saturday and the publication featured a few statements from billionaire investor Mark Cuban. The definition of a death cross stemming from Investopedia notes the pattern suggests “the potential for a major sell-off.” The website’s definition adds: The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages. However, the death cross doesn’t necessarily mean a bearish market is due. Investopedia details that death cross events led to traditional stock market crashes during the past century including 1929, 1938, 1974, and 2008. Death crosses are not unusual and data from Canterbury Investment Management indicates the Dow Jones Industrial Average has experienced 84 death crosses since 1929. The popular economist and trader Alex Krüger recently discussed the situation of a death cross in relation to BTC/USD charts. “The Death Cross takes place when the 50 day moving average crosses below the 200 day moving average,” Krüger tweeted. “The Death Cross takes place when the 50 day moving average crosses below the 200 day moving average. Journalists love writing about how a death cross could bring forth a bear market. However, one week historical returns following a bitcoin death cross are POSITIVE. Relax,” Krüger stressed. Picture via Alex Krüger on Twitter. The popular creator of the bitcoin stock-to-flow model, Plan B, also tweeted about the infamous death cross on Saturday. “Study this chart to see what happened [the] last two times the death cross happened, Q4 2019 and Q1 2020,” Plan B said to his 566,000 followers. Picture via Plan B on Twitter. However, an individual named Mohit Sorout responded to Plan B’s tweet and noted that there’s been a number of death cross occasions throughout bitcoin’s lifetime. “There have been 6 past death crosses in bitcoin’s lifetime,” Sorout replied to Plan B. “4 have resulted in enormous downside. The two that didn’t lead to a downtrend were towards the end of a bear market, not after a full blown bull run. Choose your bias wisely,” he added.