Former Associate of Sam Bankman-Fried Talking to Federal Prosecutors About Potential Plea Deal: Report A close Sam Bankman-Fried associate is reportedly negotiating with federal prosecutors to plead guilty to criminal charges arising from the collapse of digital asset exchange FTX. Bloomberg, citing “people familiar with the case,” reports that former FTX Digital Markets co-chief executive Ryan Salame, one of the Republican Party’s largest political donors in the last midterm elections, could enter a plea as early as next month to offenses that include campaign finance law violations.

Gemini’s Winklevoss Demands $1.46B Settlement from DCG In EARN Product Tussle Gemini has escalated its conflict with Digital Currency Group (DCG) after approximately seven months since Genesis Global Trading, DCG’s lending arm, suspended withdrawals. On Tuesday, Gemini co-founder Cameron Winklevoss presented Barry Silbert, the founder of DCG, with a “best and final offer” letter to settle the $1.465 billion debt owed to Gemini. Winklevoss’s letter carried a clear request, threatening legal action against Silbert and DCG if an agreement is not reached by July 6.

Top Crypto Trader Issues Bitcoin Alert, Identifies Critical Zone Where Large Correction Could Occur The crypto strategist who nailed the end of the Bitcoin (BTC) bull market in 2021 is warning of a market correction. Pseudonymous trader Pentoshi tells his 696,600 Twitter followers that he continues to believe Bitcoin will cross the $32,000 level.

A Quarter of Global Central Banks Plan To Increase Gold Reserves As They Grow More Pessimistic on US Dollar: Report New data shows nearly a quarter of all central banks are looking to hedge against the US dollar by accumulating more gold. According to a survey by the World Gold Council, a market development organization for the gold industry, central banks around the world are more pessimistic on the dollar than they have been in the past, and consequentially plan to grow their gold reserves.

‌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

Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal government. Despite the potential challenges, Munger emphasized that the current situation is not as severe as the 2008 financial crisis, stating that “it’s not nearly as bad as it was in 2008.” U.S. Banks Saddled With Poor-Quality Commercial Real Estate Loans, According to Charlie Munger’s Latest InterviewThe renowned investor and vice chairman of Berkshire Hathaway, Charlie Munger, spoke to the Financial Times (FT) in an interview published on April 30, 2023, where he discussed potential issues facing the U.S. banking system. During the previous financial crisis, Berkshire Hathaway provided capital injections to Bank of America and Goldman Sachs. However, the FT interview noted that the conglomerate holding company has not made any comparable moves amid recent events, including the failures of Silicon Valley and Signature Bank last month.

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last two weeks. This month, the mining pools Foundry USA and Antpool dominated the pack, accounting for 52.87% of the global hashrate in March. Bitcoin Mining Revenue Has Increased Month Over Month Since DecemberBitcoin miners had a decent month in March with revenues not seen since before June 2022. During the last 30 days, 4,498 blocks were discovered, and bitcoin miners obtained $734.78 million in revenue. Of that value, 28,112 freshly minted bitcoins were issued, accounting for $712.12 million. March statistics further show that bitcoin miners made approximately $22.66 million from transaction fees.

Ethereum’s Shanghai Upgrade Propels Liquid Staking Market Above DeFi Lending Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms of total value locked.The hype around Ethereum’s Shanghai update and staked Ether withdrawals has seemingly boosted liquidity and interest in liquid staking services. Ahead of Ethereum’s Shanghai upgrade expected in March 2023, deposits into liquid staking protocols significantly increased to over $14 billion. Data from on-chain aggregator Defi Llama showed that liquid staking services became the second-largest market in crypto as of Monday, February 27. Indeed, liquid staking platforms surged ahead of decentralized finance (DeFi) lending markets which boast just over $13 billion in total value locked (TVL). Crypto exchanges, liquid staking, and DeFi lending currently lead the frontier of TVL in the digital asset ecosystem with trading venues at the summit of incoming liquidity..

The United Kingdom Announces Plans for New Crypto Regulations The United Kingdom and its finance ministry is planning to lay the groundwork for new digital currency regulations following the collapse of popular digital currency exchange FTX. The United Kingdom Doesn’t Want Another FTX in the BooksFinancial Services Minister Andrew Griffith commented in a recent interview: Our view is that this reinforces the case for clear, effective, timely regulation and proactive engagement with [the] industry. This includes a proposal to bring centralized crypto asset exchanges into financial services regulation for the first time, as well as other core activities like custody and lending.

Victoria Jacobs Arrested for Funding Terrorists with Crypto A woman living in New York City is being accused of using crypto to fund a terrorist organization in Syria. 43-year-old Victoria Jacobs – who also operates under the alias Bakhrom Talipov – is now being charged with terrorism herself, along with money laundering and various other crimes. Victoria Jacobs Is in Big TroubleJacobs is believed to have given the money to a group called Hay’at Tahrir al-Sham, a foreign terrorist organization currently designated as such by the U.S. State Department. She is also believed to have funded an enterprise known as Malhama Tactical, which provided both tactical and military training to the terrorist group in question.

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign TradeIran’s central bank is considering the possibility of creating, with Russia’s participation, a digital token to facilitate trade in the Persian region, according to a report quoting the head of the crypto industry organization in the Russian Federation.

NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC NFT collection. $154 Million in NFT Sales Recorded Over the Last Week, Cryptopunks’ Floor Values RiseFrom last Wednesday up until today, $154.78 million in sales were recorded over the last seven days which is 27.72% higher than the week prior. The $154 million in NFT sales over the last week came from 184,248 NFT buyers and 886,605 blockchain transactions according to cryptoslam.io metrics. Once again Ethereum NFT sales dominate as the chain saw $129.99 million in NFT sales out of the $154 million seven-day aggregate. NFT sales from ETH jumped 37.73% higher than ETH-based NFT sales last week. Besides Ethereum, NFT sales from Solana, Immutable X, Polygon, and Cardano followed. In addition to Ethereum’s NFT sales increase, Immutable X NFT sales rose 5.20% higher than the week prior.

Did Binance Help Iran Avoid Financial Sanctions? Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country to engage in crypto trades nearing $8 billion at press time. Binance Is Alleged to Have Aided IranAlmost all the trades occurred between Binance and Nobitex, a crypto exchange based in the Middle Eastern country. This data comes directly from blockchain analysis firm Chainalysis, which recently produced a report discussing how sanctioned countries will often use crypto to avoid financial penalties.

Do Kwon Pokes Fun At “Cops From The World Over” – Insists People Have No Business in Knowing His Location Do Kwon, the founder of cash-beleaguered crypto firm Terraform Labs, plans on throwing a conference to clear the air around allegations that he is hiding. In a Friday tweet, the Korean developer aimed at authorities looking for him, stating that he would arrange a virtual meetup “to get over” accusations that he was hiding. “Alright, I’ll throw a meetup/conference soon to get over this in hiding <bullshit>. Cops from the world over welcome to attend,” Kwon tweeted.

Coinbase Employee’s Brother Guilty of Insider Trading Not long ago, Live Bitcoin News published an article talking about the world’s first cryptocurrency insider trading case, which occurred at the hands of a former employee of popular digital currency exchange Coinbase. It now looks like that case has reached a new pinnacle. Former Coinbase Employee May Have Conducted Insider TradesThe case involves Ishan Wahi, a former product manager for Coinbase. He is accused of receiving private information about what coins the exchange was going to list and then sharing it with his personal acquaintances, one of which was his brother Nikhil Wahi. It is alleged that Ishan told his brother and a friend named Sameer Ramani about the coins, prompting them all to invest just shy of the listings. They were reportedly aware that Coinbase would potentially cause the prices of the coins to rise. From there, they would engage in selling the assets for a profit. Nikhil has admitted that trades were conducted based on confidential data gathered from Coinbase. He has subsequently pled guilty to several charges including a wire fraud conspiracy charge. This is now labeled the first case of its kind in the digital currency arena.

Crypto Trader Predicts Over 60% Crash for One Ethereum-Based Altcoin, Unveils Outlook for Bitcoin and Cardano A widely followed crypto trader is expressing bearish sentiment toward one Ethereum-based altcoin while revealing his forecast for Bitcoin (BTC) and Cardano (ADA). The pseudonymous crypto analyst known as Altcoin Sherpa tells his 182,400 Twitter followers that the native token of Lido DAO (LDO), the decentralized autonomous organization (DAO) behind the Lido Ethereum staking protocol, could fall by about 64% from its current price.

‌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.

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across CountryIran’s Ministry of Energy has changed certain crypto mining regulations to ease access to renewable power for entities authorized to mint digital currencies in the Islamic Republic. A recently issued decree relieves miners from the obligation to use on-site power generation capacities and permits them to buy electricity from renewables from across the country and through the national grid, Bargqnews unveiled.

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury.A small portion of Kyber Network’s treasury is with Three Arrows Capital but is not significant enough to affect the KNC project’s operations.The team at Kyber Network adds that it has enough funds to operate for many years.The potential insolvency of the Three Arrows Capital hedge fund continues to expose a web of affected crypto projects. Yesterday, the team at Kyber Network clarified via Twitter that Three Arrows Capital held a small portion of its treasury. Therefore, as explained in the tweet below, its potential insolvency could have a small impact on Kyber Network.

Planet Sandbox to Release its dApp and NFT Marketplace Planet Sandbox, a Play-to-Earn shooting sandbox game, has been the talk of the town lately owing to refreshing gameplay and a plethora of ways to earn. Its vision is to revolutionize the crypto industry and create a metaverse built and controlled by the players. Planet Sandbox plans to release its Marketplace in Q3 2022, along with the dApp (Decentralised Application). The native Marketplace will accommodate the players’ need to buy and trade in-game NFTs without reliance on third-party, and dApp is coming with exciting features such as Staking, Dashboard, and Inventory.

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.

Acardex Begins ACX Token Pre Sale To Early Buyers, As Staking Platform Goes live on Cardano! Acardex announces the successful Beta release of acardex staking platform on cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across the finish line. Acardex is utilizing Cardano’s ecosystem which allows ADA holders to stake their tokens and be rewarded with Cardano every 5 days. Acardex labs have utilized this method to develop a novel mechanism where users can earn Acx tokens without spending their ADA.

Huge Rallies in Sight for Zilliqa (ZIL) and Top Ethereum Gaming Project As Bitcoin (BTC) Breaks Out: Crypto Analyst A popular crypto strategist and trader is predicting massive rallies for Decentraland (MANA) and Zilliqa (ZIL) as he believes Bitcoin (BTC) is poised to break out of a multi-month accumulation period. Pseudonymous analyst TechDev tells his 380,100 Twitter followers that virtual reality platform Decentraland is currently trading within a long ascending channel on the weekly chart. “MANA has one of the cleanest channels out there with a clear repeating structure.”

LBank Exchange Will List Apollo Inu (APOLLO) on March 9, 2022 INTERNET CITY, DUBAI, March. 4, 2022, ZEXPRWIRE, LBank Exchange, a global digital asset trading platform, will list Apollo Inu (APOLLO) on March 9, 2022. For all users of LBank Exchange, the APOLLO/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 9, 2022. There are many content creators such as painters, photographers, musicians and tik-tok’ers don’t have time, money or access to opportunities to make a career out of their creative passion. To address this issue, Apollo Inu (APOLLO) is building communities that help aspiring artists and content creators get the resources they need to get their big break. The APOLLO token will be listed on LBank Exchange at 21:00 (UTC+8) on March 9, 2022, to further expand its global reach and help it achieve its vision.

ADALend Partners With Robatz Network for the Cardano Native Decentralized Lending Protocol Development ADALend and Robatz Network sign a contract for the development of the decentralized lending protocol. Robatz Network and ADALend represent a significant milestone for developing the lending protocol and will allow both companies to work together to further the development of the protocol, which will ultimately increase the utility of the platform for users. ADALend is a scalable, trustless, and decentralized lending protocol built on the Cardano blockchain. The partnership will allow developers to perform further research to analyze the aggregate protocol environment, including liquidity, swap, UI, and UX. Robatz Network will also be involved in the design and deployment of the platform, with an expected date to commence development of the protocol architecture around the 1st of April 2022. Robatz Network plans to improve the user experience on the ADALend platform, allowing users to conduct self-governed lending transactions with greater ease.

These Two Altcoins May Have Made It Into Elon Musk’s Crypto Portfolio, According To Speculators The billionaire CEO of Tesla, Elon Musk, has an obvious soft spot for Dogecoin (DOGE) which he holds and regularly pumps with his engaging Twitter activity. Besides Dogecoin, Musk has only revealed that he also holds Bitcoin and Ether. However, speculations continue to persist in the cryptocurrency community that the mega-entrepreneur may hold some cryptocurrencies that he is yet to disclose to the public. The contending cryptocurrencies proposed by market observers that Musk may discreetly hold include XRP and meme coin Floki Inu (FLOKI).

One Ethereum Rival Primed for All-Time Highs As ETH Sets Up for Massive Breakout Against Bitcoin: Top Crypto Analyst Widely followed crypto analyst Pentoshi says that an Ethereum rival is jostling for new all-time highs as ETH also looks ready to fly in its Bitcoin pair. The pseudonymous analyst tells his 375,000 Twitter followers that the chart for Ethereum-scaling solution Polygon (MATIC) is hinting at a sizeable price spike. “Not sure if this has any good [fundamental analysis] coming but looks that way. Charts look telling. In my opinion, new all-time highs coming soon. Higher lows and momentum building.

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Crypto Has ‘An Awful Lot of Promise’ and Bitcoin Is ‘Mathematically Pure’: Apple Co-Founder Steve Wozniak Apple co-founder Steve Wozniak thinks Bitcoin represents “mathematical purity.” The legendary tech innovator says in a new interview with Yahoo! Finance that the US dollar isn’t fixed because the government can just print more money and continue borrowing. Bitcoin, by contrast, can’t change its circulation, Wozniak explains. “Bitcoin isn’t run by some company. It’s just mathematically pure, and I believe nature over humans always.”

The Relationship Between Sports and Tech – How Did It Evolve Over the Years? Technology has radically changed the sports industry, helping it grow into a federated, multimillion-dollar industry in a little more than 100 years. This change includes several improvements in different aspects of every discipline, starting with apparel and clothing, to measuring systems and monetizing sports. Let’s explore the relationship between sports and tech more closely – the ways it has evolved over the years, and see where we’re at now.

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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.

SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.” SEC Commissioner Peirce Discusses Crypto Regulation and Decentralized FinanceSEC Commissioner Hester Peirce talked about cryptocurrency regulation in an interview with Yahoo Finance, published last week. Peirce is also known in the crypto community as “crypto mom” for her knowledge and support of the crypto space. She was asked about whether the SEC has any trouble catching up with developments in the crypto space and protocols which are advancing and changing very quickly on a daily basis.

COTI bank accounts go live with its crypto debit cards now shipping COTI, a blockchain-powered cryptocurrency payment ecosystem, has announced that its COTI bank account and VISA debit cards have now arrived. “We have been working with our close partner, Simplex, to provide our users with COTI bank accounts and debit cards, and we are happy to have successfully achieved this important milestone.”– The COTI Team

60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce services. 60 Crypto Exchanges Expected to Shut Down or Reduce ServicesUnder the “Act on the Reporting and Use of Specific Financial Transaction Information (Special Act),” crypto exchanges must be Information Security Management System (ISMS)-certified and register with the South Korean Financial Intelligence Unit (FIU) by Sept. 24. Crypto exchanges that fail to do either must cease operations on that date.According to local media, 34 exchanges have not received ISMS certification, so they are expected to shut down entirely on Sept. 24.A total of 29 crypto exchanges have been ISMS-certified but only one has successfully registered with the FIU, a unit of the Financial Services Commission (FSC), the country’s top financial regulator.The Financial Intelligence Unit held its first crypto business review meeting Friday to review the report submitted by Dunamu Inc., the operator of Upbit, the largest crypto exchange in the country. The review committee accepted the report, making Upbit the first licensed crypto exchange operator in the country.The FIU further revealed Friday that besides Upbit, four other crypto exchange operators have submitted a report: Bithumb, Korbit, Coinone, and Korea Digital Exchange (Flybit). In addition, a wallet operator, Korea Digital Asset (KODA), has also submitted a report.The FSC said: Considering that there is one week left until the 24th, virtual asset providers who have not yet filed a report should file a report promptly.

Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’ On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out Recurring Crypto PurchasesThe investment platform Robinhood (Nasdaq: HOOD) is now providing customers with the ability to purchase crypto assets in a recurring fashion. This means that customers can purchase a set amount of digital currency ($1 or more) and buy it every day, week after week, every two weeks, or on a monthly basis. Additionally, Robinhood says that clients can “set recurring investments across multiple coins without ever incurring a fee.”“Today we’re rolling out crypto recurring investments, a new feature that allows you to regularly buy your favorite coins, commission-free and with as little as $1 on a daily, weekly, biweekly, or monthly schedule of your choice,” Robinhood’s announcement notes. “Saving is a habit and recurring investments introduce a strategy to grow holdings over time while potentially reducing the impact of market volatility.”The company has become well known in the crypto industry, and following Coinbase’s initial public offering (IPO), Robinhood also went public this year. On June 29, Bitcoin.com News reported on Robinhood’s IPO and how it fell short of expectations. Robinhood is also often associated with dogecoin (DOGE) and crypto-focused armchair sleuths believe Robinhood is the largest DOGE wallet owner.In fact, dogecoin helped Robinhood’s revenue quite a bit in 2021 as reports note that DOGE made up 62% of the company’s cryptocurrency revenue in the second quarter. The latest recurring crypto purchasing feature indicates that Robinhood aims to be a mainstay in the digital currency exchange world. Many other digital currency exchanges like Crypto.com and Coinbase have offered recurring purchases for a while now. Robinhood Insists Competition’s Fees Are Higher

Ethereum Scaling Solutions: How Do the Layer-2 Protocols and Sidechains Differ? Ethereum has become a victim of its own success. It worked fine for years when a relatively small number of crypto enthusiasts were interacting with the blockchain. But the DeFi and NFT boom over the last year has grabbed the attention of the masses, with millions of users and developers entering the space to take advantage of new opportunities. Demand for Ethereum shot through the roof, but the network was clearly unable to handle the influx of new users. The countless transactions and other interactions on Ethereum-based DeFi apps, NFT platforms, and games are clocking up the chain. Network congestion and astronomically high fees have become a serious issue for users and developers.

​​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.

Trading Legend Peter Brandt Questions Bitcoin Rally, Warns Bullish Sentiment ‘Much Too High’ Veteran trader Peter Brandt says that the formation of a rising wedge on the Bitcoin/US dollar chart is cause for concern. Brandt poses a question to his more than half a million Twitter followers on whether the rising wedge pattern will meet expectations or disappoint. “Rising wedge – will it fulfill its expectations or fail to launch?”

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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India Plans to Unveil Central Bank Digital Currency Model by Year End The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year EndThe Reserve Bank of India (RBI) may unveil a model of a central bank digital currency (CBDC) by the end of the year, Deputy Governor T. Rabi Sankar said Friday at the post-Monetary Policy Committee (MPC) press conference.

Crypto Firm Fire Blocks Garners More than $300 Million in New Funds Digital currency provider Fire Blocks – a startup based in New York – has managed to raise more than $300 million in new funds, thereby bringing its overall valuation beyond the $2 billion mark in just under half a year. Fire Blocks Gets Its Hands On a Lot of MoneyFire Blocks came about three years ago in 2018. Just last February, the company managed to secure approximately $133 million for itself through a Series C funding round. During that period, the company’s overall valuation was around $700 million, which is already impressive for a company that hasn’t been around for very long, but things have really picked up since the beginning of 2021. At that time, Fire Blocks saw its customer roster spike to include more than 500 businesses, up by more than 350 from just a few months prior.

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by "prioritized trust, transparency, and accountability." Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account report, which is "correctly stated." Circle Publishes Stablecoin Reserve Transparency Blog Post, Letter from Grant Thornton, and the Latest Reserve AttestationAt the end of May, the cryptocurrency community started discussing the stablecoin usd coin (USDC) as the project’s reserve backing attestations were running late. At the time, USDC’s token issuance was swelling rapidly and at the end of the month, the Centre Consortium partner Coinbase revealed interest-bearing USDC accounts with 4% APY. A few days later, Circle disclosed that the project expanded to the Tron network, and plans to reside on ten different blockchains. At the time of writing, USDC is the second-largest stablecoin under tether (USDT), as the market valuation commands $26.72 billion in value on Tuesday. At press time, 30-day statistics show USDC in circulation on July 20, 2021, is 10% higher than the latest attestation, as the reserve report only covers USDC accounting until the end of May.

Five-Year Game Plan for Cardano Unveiled, Targeting Banks and Fortune 500 Companies The CEO of the Cardano Foundation, Frederik Gregaard, says onboarding mainstream financial institutions and large corporations is part of a five-year growth strategy for the fifth-largest blockchain project by market cap. Gregaard says the Swiss-based foundation, which is responsible for overseeing and supervising the growth of Cardano, is looking to partner with mainstream financial institutions to enable universal access to the blockchain’s native token, ADA.

Tanzania Central Bank Doing Its Homework To Fully Embrace Cryptocurrencies The Central Bank of Tanzania is now doing its homework to find new ways through which the country can embrace cryptocurrencies, and thus overturn its earlier limitation on cryptocurrency activities in the country. A Bank of Tanzania spokesperson told Reuters that the bank was working on a new directive from President Samia Suluhu Hassan, who directed the reverse of its earlier ban on cryptos. The president directed the bank to instead, find ways through which the country can embrace the technology. The new direction the country is taking to embrace cryptocurrencies and blockchain shows how “leadership matters,” said Antonio Pompliano – a popular Bitcoin teacher, author, and founder of Morgan Creek Digital hedge fund. “In the financial sector, we have witnessed the emergence of blockchain technology or cryptocurrency,” said President Samia Suluhu Hassan. “Many countries in the world have not accepted or started using these currencies. However, I would like to advise the central bank to start working on those issues. Just be prepared.” The bank banned cryptocurrencies in 2019 saying they were not recognized by the law. It, therefore, discouraged citizens and companies from involving themselves in similar deals. This is encouraging news for crypto communities in the country given that most East African countries, including Kenya and Uganda, have their central bank warning their citizens against crypto deals. They mostly cite the lack of protection to investors. A crypto mining hotspot in East AfricaRegarding crypto activities in Tanzania, the country has a large cryptocurrency mining sector. In fact, it is rated 72 out of the 249 countries actively involved in mining cryptocurrencies. However, it remains to be seen what the Central Bank of Tanzania is working on regarding this matter. If the bank is to pursue a crypto-conscious regulatory framework, it takes time to develop one. In this case, they would have to start from zero since none exists. In fact, part of the role would be to make changes to the country’s National Payments System Act No. 4 of 2015 (the NPS) which prohibits digital payments. It requires anyone issuing an electronic payment system to have a license or approval from the Bank of Tanzania. Plus crypto experts and traders in the country worry that the country may not be ready for all this. For instance, they point to the fact that Tanzania does not have a broker, or investment, or trade advisers in matters regarding cryptocurrencies. Many also may be discouraged by the volatile nature of cryptocurrencies.