Bitcoin Becomes Legal Tender With Unfriendly Welcome by Apple & Google.
Bitcoin (BTC) has become legal tender in El Salvador and with it will come a “ton” of “FUD,” the nation’s President Nayib Bukele warned. And as Bukele confirmed the news that government “brokers” had bought BTC 400 (USD 21m), the release of the state-run BTC wallet has apparently been hit by a delay of sorts – while a wave of negativity sweeps through the nation’s press.
Midnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.
Yesterday, Bukele took to Twitter to first warn of “incoming FUD! Tons of it.” He then returned to announce a BTC 200 buy, claiming that “our brokers will be buying a lot more as the deadline approaches.” And he later added the update:
“El Salvador just bought 200 new coins. We now hold BTC 400.”
He then teased the dawn of history, with a three-minute countdown to the start of September 7.
But the President called on Apple, Huawei, and Google to “release” the Chivo wallet app, after stating that the nation was “waiting” for the app to be available in their stores. He first wrote that it “won’t be long” until the stores were updated – and then followed up with an angry face emoji and the imperative “Release him!”
Meanwhile, the nation’s Chivo ATMs are also ready for business, albeit under the watchful eye of heavily armed men. El Diario de Hoy published photographs of the ATM in the San Martín district of San Salvador, housed in a small weather-proof building – and surrounded by automatic rifle-toting guards.
Police told the photographer that armed officers have been told to “routinely” patrol the facilities to ensure they stay “vandalism”-free.
Bukele has previously said that the government will spend at least USD 205m worth of public funds to ensure BTC adoption goes smoothly.
The negativity was palpable, however, as the same media outlet quoted various experts who called the bitcoin law “the work of beginners,” an “experiment” and even “stupid.”
Street protests continued, with the same media outlet quoting an individual named Blanca Marroquín, as stating:
“This bitcoin law is not for the poor.”
La Prensa Gráfica reported that an opposition MP from the VAMOS party has launched a bid to repeal the law.
Bitcoin (BTC) has become legal tender in El Salvador and with it will come a “ton” of “FUD,” the nation’s President Nayib Bukele warned. And as Bukele confirmed the news that government “brokers” had bought BTC 400 (USD 21m), the release of the state-run BTC wallet has apparently been hit by a delay of sorts – while a wave of negativity sweeps through the nation’s press.
Midnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.
Yesterday, Bukele took to Twitter to first warn of “incoming FUD! Tons of it.” He then returned to announce a BTC 200 buy, claiming that “our brokers will be buying a lot more as the deadline approaches.” And he later added the update:
“El Salvador just bought 200 new coins. We now hold BTC 400.”
He then teased the dawn of history, with a three-minute countdown to the start of September 7.
But the President called on Apple, Huawei, and Google to “release” the Chivo wallet app, after stating that the nation was “waiting” for the app to be available in their stores. He first wrote that it “won’t be long” until the stores were updated – and then followed up with an angry face emoji and the imperative “Release him!”
Meanwhile, the nation’s Chivo ATMs are also ready for business, albeit under the watchful eye of heavily armed men. El Diario de Hoy published photographs of the ATM in the San Martín district of San Salvador, housed in a small weather-proof building – and surrounded by automatic rifle-toting guards.
Police told the photographer that armed officers have been told to “routinely” patrol the facilities to ensure they stay “vandalism”-free.
Bukele has previously said that the government will spend at least USD 205m worth of public funds to ensure BTC adoption goes smoothly.
The negativity was palpable, however, as the same media outlet quoted various experts who called the bitcoin law “the work of beginners,” an “experiment” and even “stupid.”
Street protests continued, with the same media outlet quoting an individual named Blanca Marroquín, as stating:
“This bitcoin law is not for the poor.”
La Prensa Gráfica reported that an opposition MP from the VAMOS party has launched a bid to repeal the law.
IX SWAP - World’s 1st DeFi AMM & Liquidity Pools for Security Tokens and Tokenized Stocks.
IX SWAP is now trading at KuCoin and Uniswap!
Buy IXS and stake at https://app.ixswap.io/#/staking
https://twitter.com/IxSwap/status/1436676026243817480?s=20
Follow IXS on Twitter: https://twitter.com/IxSwap
Join IXS telegram group: https://t.me/ixswapofficial
Website: https://ixswap.io
IX SWAP is now trading at KuCoin and Uniswap!
Buy IXS and stake at https://app.ixswap.io/#/staking
https://twitter.com/IxSwap/status/1436676026243817480?s=20
Follow IXS on Twitter: https://twitter.com/IxSwap
Join IXS telegram group: https://t.me/ixswapofficial
Website: https://ixswap.io
AMC To Add Ethereum, Litecoin, and BCH Payments Alongside Bitcoin.
To further capitalize on those moviegoers who have embraced cryptocurrencies, troubled US movie theatre chain AMC Entertainment Holdings Inc. confirmed that, besides the already-announced bitcoin (BTC), it will be accepting payment in ethereum (ETH), litecoin (LTC), and bitcoin cash (BCH).
This comes after the chain made waves in the cryptosphere last month when it stated it would allow customers to buy tickets and snacks with BTC by the end of this year.
Adam Aron, CEO of AMC, unveiled the plan in a recent tweet addressed to “[c]ryptocurrency enthusiasts”.
AMC “has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash,” the CEO said.
Last month, Aron shared his opinion that cryptocurrencies were on track to increase their importance in the coming years in a much-discussed tweet.
“If it remains safe and reliable to use, it would seem that crypto currency will get even more important in future years," he said. "From reading your comments, I see that many of you are crypto enthusiasts. AMC is pleased to get out in front, by planning to accept payment online in bitcoin.”
Embracing crypto could provide the chain with the much-needed financial boost. AMC has managed to escape bankruptcy owing to a USD 917m cash infusion by the company’s investors. The business welcomed the new equity and debt capital, recognizing it “should allow the company to make it through this dark coronavirus-impacted winter.”
The CEO’s latest announcement has also triggered a number of positive reactions by crypto users on social media, with one particular group of cryptocurrency supporters voicing their demand that the company add a new crypto to the mix - specifically, the dogecoin (DOGE) community.
The issue of AMC’s notorious meme stock also resurfaced in the course of the debate.
At one point on September 15, the AMC stock went up to USD 47.7, then ended the day at USD 46.84. Its year-to-date change is 2,230%.
To further capitalize on those moviegoers who have embraced cryptocurrencies, troubled US movie theatre chain AMC Entertainment Holdings Inc. confirmed that, besides the already-announced bitcoin (BTC), it will be accepting payment in ethereum (ETH), litecoin (LTC), and bitcoin cash (BCH).
This comes after the chain made waves in the cryptosphere last month when it stated it would allow customers to buy tickets and snacks with BTC by the end of this year.
Adam Aron, CEO of AMC, unveiled the plan in a recent tweet addressed to “[c]ryptocurrency enthusiasts”.
AMC “has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash,” the CEO said.
Last month, Aron shared his opinion that cryptocurrencies were on track to increase their importance in the coming years in a much-discussed tweet.
“If it remains safe and reliable to use, it would seem that crypto currency will get even more important in future years," he said. "From reading your comments, I see that many of you are crypto enthusiasts. AMC is pleased to get out in front, by planning to accept payment online in bitcoin.”
Embracing crypto could provide the chain with the much-needed financial boost. AMC has managed to escape bankruptcy owing to a USD 917m cash infusion by the company’s investors. The business welcomed the new equity and debt capital, recognizing it “should allow the company to make it through this dark coronavirus-impacted winter.”
The CEO’s latest announcement has also triggered a number of positive reactions by crypto users on social media, with one particular group of cryptocurrency supporters voicing their demand that the company add a new crypto to the mix - specifically, the dogecoin (DOGE) community.
The issue of AMC’s notorious meme stock also resurfaced in the course of the debate.
At one point on September 15, the AMC stock went up to USD 47.7, then ended the day at USD 46.84. Its year-to-date change is 2,230%.
Commodity strategist predicts Bitcoin ETF could get the nod in US next month.
A Bitcoin ETF could be approved by U.S. regulators by October, according to Bloomberg Intelligence commodity strategist Mike McGlone.
Bloomberg Intelligence commodity strategist Mike McGlone believes it is only a matter of time before the United States Securities and Exchange Commission approves the country’s first Bitcoin (BTF) exchange-traded fund (ETF).
In an interview with Stansberry Investor host Daniela Cambone on Tuesday, McGlone asserted that Canada is extending a competitive lead over the U.S. after approving Bitcoin ETFs from 3iQ and CoinShares in April.
He emphasized that capital is flowing from the U.S. to Canada’s institutional crypto products, including money from Cathie Wood’s Ark Invest. However, he believes that lawmakers in the U.S. will not want to miss out for much longer.
When asked about a timeframe on a potential U.S. Bitcoin ETF approval, McGlone said it could happen “potentially by the end of October.” He maintained that it was likely to be a futures-backed product first, adding that it would open a “legitimization window for a massive amount of money inflow.”
McGlone also reiterated the latest report from Bloomberg Intelligence that stated Bitcoin prices hitting $100,000 was a possibility this year and that this would be driven by the approval of an ETF.
Crypto YouTuber Lark Davis shares McGlone’s price targets, observing that in previous bull markets in 2013 and 2017, the latter quarters saw huge price rallies.
The SEC has yet to approve a crypto ETF despite the number of applications it has received from prospective issuers continuing to mount.
Earlier this month, multinational financial services firm Fidelity Investments lobbied the SEC to approve an exchange-traded product, arguing that Bitcoin markets have already reached maturity under the regulator’s own standards.
A Bitcoin ETF could be approved by U.S. regulators by October, according to Bloomberg Intelligence commodity strategist Mike McGlone.
Bloomberg Intelligence commodity strategist Mike McGlone believes it is only a matter of time before the United States Securities and Exchange Commission approves the country’s first Bitcoin (BTF) exchange-traded fund (ETF).
In an interview with Stansberry Investor host Daniela Cambone on Tuesday, McGlone asserted that Canada is extending a competitive lead over the U.S. after approving Bitcoin ETFs from 3iQ and CoinShares in April.
He emphasized that capital is flowing from the U.S. to Canada’s institutional crypto products, including money from Cathie Wood’s Ark Invest. However, he believes that lawmakers in the U.S. will not want to miss out for much longer.
When asked about a timeframe on a potential U.S. Bitcoin ETF approval, McGlone said it could happen “potentially by the end of October.” He maintained that it was likely to be a futures-backed product first, adding that it would open a “legitimization window for a massive amount of money inflow.”
McGlone also reiterated the latest report from Bloomberg Intelligence that stated Bitcoin prices hitting $100,000 was a possibility this year and that this would be driven by the approval of an ETF.
Crypto YouTuber Lark Davis shares McGlone’s price targets, observing that in previous bull markets in 2013 and 2017, the latter quarters saw huge price rallies.
The SEC has yet to approve a crypto ETF despite the number of applications it has received from prospective issuers continuing to mount.
Earlier this month, multinational financial services firm Fidelity Investments lobbied the SEC to approve an exchange-traded product, arguing that Bitcoin markets have already reached maturity under the regulator’s own standards.
🚀 Regulated Crypto Exchange of tokenized assets Currency.com It reported a significant increase in the number of clients and trading volumes for the 1H of 2021
- The number of new customers increased by 130%.
- The total trading volume on the site increased by 197%.
- The total number of trading operations increased by 968%.
In 2020, the crypto platform reported a 374% growth in its customer base, making it one of the fastest growing crypto platforms in Europe.
The increase in activity is associated with an increased interest in the Dogecoin cryptocurrency. The five most traded coins on the platform included:
- Dogecoin;
- Bitcoin;
- Ethereum;
- XRP;
- Litecoin.
Register on a regulated crypto exchange Currency.com and trade more than 2000 tokenized assets!
- The number of new customers increased by 130%.
- The total trading volume on the site increased by 197%.
- The total number of trading operations increased by 968%.
In 2020, the crypto platform reported a 374% growth in its customer base, making it one of the fastest growing crypto platforms in Europe.
The increase in activity is associated with an increased interest in the Dogecoin cryptocurrency. The five most traded coins on the platform included:
- Dogecoin;
- Bitcoin;
- Ethereum;
- XRP;
- Litecoin.
Register on a regulated crypto exchange Currency.com and trade more than 2000 tokenized assets!
Currency
One regulated platform for fiat, crypto and global payments - Currency.com
Grow your portfolio with instant and secure digital asset operations.
‘DeFi or DoxFi’ Asks Community After Compound Founder’s Statement.
Following questions of legality and ethics surrounding the ongoing issue faced by decentralized finance (DeFi) protocol Compound Finance, whose users claimed millions in COMP coin due to an error - the founder is now backpedaling a controversial statement, while the community is once again questioning how decentralized DeFi really is.
As reported, Compound Finance passed and executed a proposal on Wednesday, but soon reported “unusual activity.” Due to a bug in a smart contract, users were able to claim millions in COMP – with some USD 82m impacted in the process.
But then, in the night between Thursday and Friday (UTC time), Robert Leshner, Founder of Compound Labs, tweeted a request that didn't sit well with the crypto community.
“If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it to the Compound Timelock. Keep 10% as a white-hat,“ he said, adding: “Otherwise, it's being reported as income to the Internal Revenue Service (IRS), and most of you are doxxed.”
It was already being heavily debated if anybody should be returning this money, or is it fair game, or if the team should be asking for it to be sent back at all – but now, the community argued that the act of doxing is being used against these individuals, an act in itself highly questionable ethics-wise even if not illegal, in addition to the threats of reports to the US IRS.
Hours later, Leshner said that he’s trying to do anything he can to “help the community get some of its COMP back, and this was a bone-headed tweet / approach,” adding:
“That's on me. Luckily, the community is much bigger, and smarter, than just me. I appreciate your ridicule and support.”
Nonetheless, many again questioned the decentralization of DeFi. “Is it still "DeFi" if the founders dox you to the IRS,” asked ‘Dan Darkpill’, with a commenter simply replying “DoxFi.”
More users argued that it can’t be claimed a project is DeFi if its creators can give orders, dox, threaten the community members. “Leshner is not setting a good example here. In code we trust also means we eat our own shit when shit happened,” said another.
Following questions of legality and ethics surrounding the ongoing issue faced by decentralized finance (DeFi) protocol Compound Finance, whose users claimed millions in COMP coin due to an error - the founder is now backpedaling a controversial statement, while the community is once again questioning how decentralized DeFi really is.
As reported, Compound Finance passed and executed a proposal on Wednesday, but soon reported “unusual activity.” Due to a bug in a smart contract, users were able to claim millions in COMP – with some USD 82m impacted in the process.
But then, in the night between Thursday and Friday (UTC time), Robert Leshner, Founder of Compound Labs, tweeted a request that didn't sit well with the crypto community.
“If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it to the Compound Timelock. Keep 10% as a white-hat,“ he said, adding: “Otherwise, it's being reported as income to the Internal Revenue Service (IRS), and most of you are doxxed.”
It was already being heavily debated if anybody should be returning this money, or is it fair game, or if the team should be asking for it to be sent back at all – but now, the community argued that the act of doxing is being used against these individuals, an act in itself highly questionable ethics-wise even if not illegal, in addition to the threats of reports to the US IRS.
Hours later, Leshner said that he’s trying to do anything he can to “help the community get some of its COMP back, and this was a bone-headed tweet / approach,” adding:
“That's on me. Luckily, the community is much bigger, and smarter, than just me. I appreciate your ridicule and support.”
Nonetheless, many again questioned the decentralization of DeFi. “Is it still "DeFi" if the founders dox you to the IRS,” asked ‘Dan Darkpill’, with a commenter simply replying “DoxFi.”
More users argued that it can’t be claimed a project is DeFi if its creators can give orders, dox, threaten the community members. “Leshner is not setting a good example here. In code we trust also means we eat our own shit when shit happened,” said another.
Biden admin weighing bank-like regulation for stablecoin issuers.
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports.
The Biden administration is reportedly considering a new legal framework for stablecoin issuers that would put them in the same category as banks, raising questions about the future of crypto regulation in the country.
Citing people familiar with the matter, The Wall Street Journal reported Friday that the administration is looking to convince Congress to create a new “special-purpose charter” for stablecoin issuers and other companies that fall within the same category. Although it’s not entirely clear how the legislation will look, it’s expected to be tailored specifically to these types of business models.
Policymakers have been sounding the alarm over stablecoins in recent months because they believe these dollar-pegged assets aren’t properly regulated. Earlier this week, Federal Reserve Chairman Jerome Powell told the Financial Services Committee that stablecoins like Tether (USDT) and USDC Coin (USDC) should be regulated within the same parameters as money market funds like bank deposits. Nevertheless, he remained steadfast in stating that no blanket ban on Bitcoin (BTC) or other digital assets was in the cards.
As Cointelegraph reported in July, joint research by the Fed and Yale University outlined two regulatory frameworks for stablecoins in a 49-page paper called, “Taming Wildcat Stablecoins.” In that paper, the authors argued that policymakers have only two choices with respect to stablecoin regulations: make them equivalent to public money or tax them out of existence via central bank digital currency.
Stablecoins — digital currencies that are wholly or in part pegged to a form of fiat money like the U.S. dollar — have swelled to become a $128 billion market, according to the latest market capitalization figures. Tether accounts for over half of the total market, though competitors such as USDC and Binance USD (BUSD) have made significant headway this year. As these markets have grown, concerns over the liquidity and reserve status of stablecoin issuers have made eye-grabbing headlines.
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports.
The Biden administration is reportedly considering a new legal framework for stablecoin issuers that would put them in the same category as banks, raising questions about the future of crypto regulation in the country.
Citing people familiar with the matter, The Wall Street Journal reported Friday that the administration is looking to convince Congress to create a new “special-purpose charter” for stablecoin issuers and other companies that fall within the same category. Although it’s not entirely clear how the legislation will look, it’s expected to be tailored specifically to these types of business models.
Policymakers have been sounding the alarm over stablecoins in recent months because they believe these dollar-pegged assets aren’t properly regulated. Earlier this week, Federal Reserve Chairman Jerome Powell told the Financial Services Committee that stablecoins like Tether (USDT) and USDC Coin (USDC) should be regulated within the same parameters as money market funds like bank deposits. Nevertheless, he remained steadfast in stating that no blanket ban on Bitcoin (BTC) or other digital assets was in the cards.
As Cointelegraph reported in July, joint research by the Fed and Yale University outlined two regulatory frameworks for stablecoins in a 49-page paper called, “Taming Wildcat Stablecoins.” In that paper, the authors argued that policymakers have only two choices with respect to stablecoin regulations: make them equivalent to public money or tax them out of existence via central bank digital currency.
Stablecoins — digital currencies that are wholly or in part pegged to a form of fiat money like the U.S. dollar — have swelled to become a $128 billion market, according to the latest market capitalization figures. Tether accounts for over half of the total market, though competitors such as USDC and Binance USD (BUSD) have made significant headway this year. As these markets have grown, concerns over the liquidity and reserve status of stablecoin issuers have made eye-grabbing headlines.
A cool opportunity to get a token at a price of $ 0.1 before entering the exchange!
❗️ Right now, IDO is taking place on the Zelwin.Finance site of the iCW token - iCryptoWorld.
iCryptoWorld is already a successful company in the global digital technology market. It has been operating since 2017 and provides services for renting equipment for turnkey cryptocurrency mining and cloud mining.
Participating in IDO is easy:
Visit app.zelwin.finance/ido
Add any number of ZLW tokens to the iCryptoWorld betting package.
Connect your wallet on the IDO page and register to participate.
If you become the winner of the drawing, you will have the opportunity to redeem the project tokens, if you do not win, you will still have ZLW tokens that can be sold or left as an investment.
Learn more at app.zelwin.finance/ido
If you have questions or a promising project for IDO - write @zelwinchat. The first Zelwin.Finance project was AMC Fight Nights - × 14 ATH.
Go ahead!
❗️ Right now, IDO is taking place on the Zelwin.Finance site of the iCW token - iCryptoWorld.
iCryptoWorld is already a successful company in the global digital technology market. It has been operating since 2017 and provides services for renting equipment for turnkey cryptocurrency mining and cloud mining.
Participating in IDO is easy:
Visit app.zelwin.finance/ido
Add any number of ZLW tokens to the iCryptoWorld betting package.
Connect your wallet on the IDO page and register to participate.
If you become the winner of the drawing, you will have the opportunity to redeem the project tokens, if you do not win, you will still have ZLW tokens that can be sold or left as an investment.
Learn more at app.zelwin.finance/ido
If you have questions or a promising project for IDO - write @zelwinchat. The first Zelwin.Finance project was AMC Fight Nights - × 14 ATH.
Go ahead!
🚀 NEW LTT TOKEN PRESALE
♻️LocalTrade's rework came with many improvements and innovative tools that focus on giving our users the best and most effective means to trade freely.
Not only can you become part of the crypto field easily because of how the platform is structured, but you also have the opportunity to BUY tokens and EARN with the exchange itself.
🟢 In the next 3 months the token will be worth 0.5$, which means that its value will have GONE UP 5 TIMES!
✅ What are you waiting for? Be among the first and purchase LTT at the lowest price!
🔥DON'T MISS OUT. From the 20th of September to the 20th of October, our NEW TOKEN "LTT" will be finally available for you to grab 🔥
💰A GREAT OPPORTUNITY. During Round A, the token's price will be only 10 cents per token!
👇JUST CLICK HERE👇
GRAB LTTs AT 0.10$
👆JUST CLICK HERE👆
#Presale #LocalTrade #Cryptocurrency #LTT_token
♻️LocalTrade's rework came with many improvements and innovative tools that focus on giving our users the best and most effective means to trade freely.
Not only can you become part of the crypto field easily because of how the platform is structured, but you also have the opportunity to BUY tokens and EARN with the exchange itself.
🟢 In the next 3 months the token will be worth 0.5$, which means that its value will have GONE UP 5 TIMES!
✅ What are you waiting for? Be among the first and purchase LTT at the lowest price!
🔥DON'T MISS OUT. From the 20th of September to the 20th of October, our NEW TOKEN "LTT" will be finally available for you to grab 🔥
💰A GREAT OPPORTUNITY. During Round A, the token's price will be only 10 cents per token!
👇JUST CLICK HERE👇
GRAB LTTs AT 0.10$
👆JUST CLICK HERE👆
#Presale #LocalTrade #Cryptocurrency #LTT_token
Holdex Finance will be one of the most powerful Decentralized Fin-Tech Platforms in the market! Holdex is already listed on 4 exchanges: HOTBIT, PROBIT, INDOEX, and P2PB2B. The token is on a pumping period, and most of the investors have already earned x4-x5 profit.
The team will make massive announcements today, and the price would be a minimum of $1 in 2 days. Certik Report is onboarding and expected to be published this week. CMC listed Holdex during the day. That means that Holdex can hit x20 very soon.
Don't miss it! #Holdextothemoon
Top10 exchange listings are coming soon with an x20-x30 potential!
https://t.me/holdexfinance
https://twitter.com/holdexfinance
The team will make massive announcements today, and the price would be a minimum of $1 in 2 days. Certik Report is onboarding and expected to be published this week. CMC listed Holdex during the day. That means that Holdex can hit x20 very soon.
Don't miss it! #Holdextothemoon
Top10 exchange listings are coming soon with an x20-x30 potential!
https://t.me/holdexfinance
https://twitter.com/holdexfinance
Bakkt Users Will be Able to Spend Bitcoin via Google Pay.
Digital asset marketplace Bakkt said that their clients will be able to add their Bakkt Visa Debit Cards into Google Pay for everyday purchases.
“Digital assets such as bitcoin will be converted to fiat currency for these payments to occur,” said the company.
Bakkt also said that they’ve chosen Google Cloud as a preferred cloud provider. That said, they plan to market their solutions that will be powered by Google Cloud to “leading retailers and merchants in the United States.”
The company plans to further leverage Google Cloud’s tools by building new analytics on its platform, along with artificial intelligence (AI), machine learning (ML), and geolocation functionality, in order “to draw out deep, location-aware business insights.” These insights will then provide expanded loyalty redemption options for Bakkt consumers, as well as consumer behavior patterns for Bakkt partners, they said.
Per Bakkt CEO Gavin Michael, “partnering with Google Cloud will enable us to continue to build a best-in-class, innovative platform that can undoubtedly scale to meet the needs of millions of users.”
Meanwhile, in late September, the crypto platform owned by the Intercontinental Exchange Inc., partnered with Choice Hotels International to expand the utility of the company’s rewards program, Choice Privileges, through the Bakkt App – which they launched back in March.
Prior to that, in early August, they partnered with quick-service restaurant Quiznos to launch its first physical location pilot enabling Quiznos customers to pay with BTC.
Digital asset marketplace Bakkt said that their clients will be able to add their Bakkt Visa Debit Cards into Google Pay for everyday purchases.
“Digital assets such as bitcoin will be converted to fiat currency for these payments to occur,” said the company.
Bakkt also said that they’ve chosen Google Cloud as a preferred cloud provider. That said, they plan to market their solutions that will be powered by Google Cloud to “leading retailers and merchants in the United States.”
The company plans to further leverage Google Cloud’s tools by building new analytics on its platform, along with artificial intelligence (AI), machine learning (ML), and geolocation functionality, in order “to draw out deep, location-aware business insights.” These insights will then provide expanded loyalty redemption options for Bakkt consumers, as well as consumer behavior patterns for Bakkt partners, they said.
Per Bakkt CEO Gavin Michael, “partnering with Google Cloud will enable us to continue to build a best-in-class, innovative platform that can undoubtedly scale to meet the needs of millions of users.”
Meanwhile, in late September, the crypto platform owned by the Intercontinental Exchange Inc., partnered with Choice Hotels International to expand the utility of the company’s rewards program, Choice Privileges, through the Bakkt App – which they launched back in March.
Prior to that, in early August, they partnered with quick-service restaurant Quiznos to launch its first physical location pilot enabling Quiznos customers to pay with BTC.
✔️An Innovative DEX built on Binance Smart Chain by XcelLab Ecosystem ✔️
XcelSwap, decentralized exchange built to increase utilities, trustless and permissionless transactions using smart contracts on Binance Smart Chain with the best farms in DeFi
😎😎😎😎😎😎😎😎😎😎
Swap, staking and farming are available in XcelSwap, and some serious features to come such as a Cross Chain and NFT marketplace.
Some of the Exciting Features 🤩🤩
📌 Low trading fee
📌 More rewards for liquidity provider
📌 Highest APY in Yield Farming
📌 Staking
📌 Cross Chain Transfer
📌 Lending and Borrowing (coming up)
📌Governance at the hand of users
Start Trading Now: XcelSwap
Learn More about XcelSwap:
https://www.youtube.com/watch?v=Nt9wt55ZBmw
Major Links to stay updated
Join Telegram Group
Follow on twitter
#xceldefi #xcelpay #xcellab #xcelswap #binancesmartchain #defistaking
XcelSwap, decentralized exchange built to increase utilities, trustless and permissionless transactions using smart contracts on Binance Smart Chain with the best farms in DeFi
😎😎😎😎😎😎😎😎😎😎
Swap, staking and farming are available in XcelSwap, and some serious features to come such as a Cross Chain and NFT marketplace.
Some of the Exciting Features 🤩🤩
📌 Low trading fee
📌 More rewards for liquidity provider
📌 Highest APY in Yield Farming
📌 Staking
📌 Cross Chain Transfer
📌 Lending and Borrowing (coming up)
📌Governance at the hand of users
Start Trading Now: XcelSwap
Learn More about XcelSwap:
https://www.youtube.com/watch?v=Nt9wt55ZBmw
Major Links to stay updated
Join Telegram Group
Follow on twitter
#xceldefi #xcelpay #xcellab #xcelswap #binancesmartchain #defistaking
Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year.
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000.
Digital analytics firm Chainalysis reported that the growth in North America’s crypto market has been driven by the rise in popularity of decentralized finance.
In its 2021 Geography of Cryptocurrency Report, Chainalysis said the monthly crypto transaction volume across North America grew by more than 1,000% from July 2020 to June 2021. The monthly volume reached a peak of $164 billion in May 2021 before dipping to just over $100 billion in June.
According to Chainalysis’ report, decentralized finance, or DeFi, was largely responsible for North America continuing to maintain its position as one of the largest crypto markets worldwide. DeFi transactions represented 37% of North America’s overall transaction volume from July 2020 to June 2021, with residents sending roughly $276 billion in crypto to platforms in the DeFi space.
The Central, Northern and Western Europe region sent the most in crypto overall — $389 billion, roughly 40% of its overall transaction volume during the same time period. Chainalysis said “DeFi whales” were responsible for turning the region into the world’s biggest cryptocurrency economy, with the majority of institutional-sized transfers going towards platforms in decentralized finance.
However, the report said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000. Uniswap was the most popular DeFi platform in North America, with users having sent more than $100 billion in transaction volume between July 2020 and June 2021.
“Right now, DeFi is targeted towards crypto insiders,” said dYdX growth lead David Gogel. “It’s people who have been in the industry for a while and have enough funds to experiment with new assets.”
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000.
Digital analytics firm Chainalysis reported that the growth in North America’s crypto market has been driven by the rise in popularity of decentralized finance.
In its 2021 Geography of Cryptocurrency Report, Chainalysis said the monthly crypto transaction volume across North America grew by more than 1,000% from July 2020 to June 2021. The monthly volume reached a peak of $164 billion in May 2021 before dipping to just over $100 billion in June.
According to Chainalysis’ report, decentralized finance, or DeFi, was largely responsible for North America continuing to maintain its position as one of the largest crypto markets worldwide. DeFi transactions represented 37% of North America’s overall transaction volume from July 2020 to June 2021, with residents sending roughly $276 billion in crypto to platforms in the DeFi space.
The Central, Northern and Western Europe region sent the most in crypto overall — $389 billion, roughly 40% of its overall transaction volume during the same time period. Chainalysis said “DeFi whales” were responsible for turning the region into the world’s biggest cryptocurrency economy, with the majority of institutional-sized transfers going towards platforms in decentralized finance.
However, the report said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000. Uniswap was the most popular DeFi platform in North America, with users having sent more than $100 billion in transaction volume between July 2020 and June 2021.
“Right now, DeFi is targeted towards crypto insiders,” said dYdX growth lead David Gogel. “It’s people who have been in the industry for a while and have enough funds to experiment with new assets.”
Crypto Exchange of Tokenized Assets Currency.com announced the launch of the Currency com Prime OTC market
Currency.com announced the launch of the direction of over-the-counter cryptocurrency trading (OTC market) Currency.com Prime for premium customers. The launch of the over-the-counter trading department will allow institutional and wealthy clients to independently conclude transactions.
They will also have 24/7 access to a personal manager and premium consulting services. Currency.com Prime will support clients with market liquidity to enable them to transact with over 200 assets in multiple currencies.
Clients will have access to:
- to exclusive innovative products;
- lending;
- Staking;
- NFT;
- Private tokens;
- Structured products.
For customers looking for digital asset storage solutions, Currency.com provides customized hot and cold wallets.
Sign up to Currency.com and trade on a regulated crypto exchange!
Currency.com announced the launch of the direction of over-the-counter cryptocurrency trading (OTC market) Currency.com Prime for premium customers. The launch of the over-the-counter trading department will allow institutional and wealthy clients to independently conclude transactions.
They will also have 24/7 access to a personal manager and premium consulting services. Currency.com Prime will support clients with market liquidity to enable them to transact with over 200 assets in multiple currencies.
Clients will have access to:
- to exclusive innovative products;
- lending;
- Staking;
- NFT;
- Private tokens;
- Structured products.
For customers looking for digital asset storage solutions, Currency.com provides customized hot and cold wallets.
Sign up to Currency.com and trade on a regulated crypto exchange!
Tired of extremely high GAS fees and complicated transactions? Rubic makes everything easier for you.
One-click Multi-Chain swaps are already live on Rubic.exchange. Transfer more than 9,500 assets between Ethereum, Polygon, BSC and Avalanche. It is without a doubt, a revolutionary feature in Crypto.
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
One-click Multi-Chain swaps are already live on Rubic.exchange. Transfer more than 9,500 assets between Ethereum, Polygon, BSC and Avalanche. It is without a doubt, a revolutionary feature in Crypto.
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
South Korean pension fund to invest in Bitcoin ETF: Report.
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an executive reportedly said.
South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).
KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news agency The Korea Economic Daily reported Monday.
According to the report, KTCU is considering investing in several Bitcoin ETF products, including those by South Korean asset management firm Mirae Asset Global Investments. The company launched two ETFs tracking the value of Bitcoin futures via its Canadian subsidiary, Horizons ETFs, in April 2021.
“As there are some well-made cryptocurrency-linked ETF products by asset managers such as Korea’s Mirae Asset Global Investments, we plan to invest in the ETF products after consultation with domestic asset managers,” an executive at KTCU reportedly said.
The official also mentioned potential investment in a Bitcoin ETF by Mirae Asset’s subsidiary, Global X ETFs, which filed for a Bitcoin ETF with the United States Securities and Exchange Commission in July.
According to the report, KTCU is the second-largest institutional investor in South Korea, with $40.2 billion in assets under management. The pension fund has allocated 40% of its investments in alternative assets, 10% domestic and 9% international stocks. KTCU has yet to determine the size and other details of its potential Bitcoin ETF investment.
The news comes amid global pension funds getting increasingly interested in gaining exposure to cryptocurrencies like Bitcoin and major companies in the industry. Last week, the Houston Firefighters’ Relief and Retirement Fund reportedly purchased $25 million in Bitcoin and Ether (ETH). Canada’s Ontario Teachers’ Pension Plan Board participated in a $420-million funding round for major crypto exchange FTX, the firm announced on Thursday.
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an executive reportedly said.
South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).
KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news agency The Korea Economic Daily reported Monday.
According to the report, KTCU is considering investing in several Bitcoin ETF products, including those by South Korean asset management firm Mirae Asset Global Investments. The company launched two ETFs tracking the value of Bitcoin futures via its Canadian subsidiary, Horizons ETFs, in April 2021.
“As there are some well-made cryptocurrency-linked ETF products by asset managers such as Korea’s Mirae Asset Global Investments, we plan to invest in the ETF products after consultation with domestic asset managers,” an executive at KTCU reportedly said.
The official also mentioned potential investment in a Bitcoin ETF by Mirae Asset’s subsidiary, Global X ETFs, which filed for a Bitcoin ETF with the United States Securities and Exchange Commission in July.
According to the report, KTCU is the second-largest institutional investor in South Korea, with $40.2 billion in assets under management. The pension fund has allocated 40% of its investments in alternative assets, 10% domestic and 9% international stocks. KTCU has yet to determine the size and other details of its potential Bitcoin ETF investment.
The news comes amid global pension funds getting increasingly interested in gaining exposure to cryptocurrencies like Bitcoin and major companies in the industry. Last week, the Houston Firefighters’ Relief and Retirement Fund reportedly purchased $25 million in Bitcoin and Ether (ETH). Canada’s Ontario Teachers’ Pension Plan Board participated in a $420-million funding round for major crypto exchange FTX, the firm announced on Thursday.
😱 PureFi goes on QuickSwap DEX (MATIC) 😱
⏰ Time to farm the LP tokens
UFI-BNB https://bit.ly/3l7YZHw
UFI-MATIC https://bit.ly/3GzAYl1
Experience the revolutionary Syrup farming 🍯
AND
Generate additional yield 🌽
The numbers are MASSIVELY higher than what the regular staking says can offer 🤩🤑
▶️ MATIC DEX
https://bit.ly/3GzAYl1
⏰ Time to farm the LP tokens
UFI-BNB https://bit.ly/3l7YZHw
UFI-MATIC https://bit.ly/3GzAYl1
Experience the revolutionary Syrup farming 🍯
AND
Generate additional yield 🌽
The numbers are MASSIVELY higher than what the regular staking says can offer 🤩🤑
▶️ MATIC DEX
https://bit.ly/3GzAYl1
🐶🚀 Rocket Shiba Inu 🚀🐶
The World’s Most Asymmetric Bet 📊
Have you missed the Shiba train?, thia is your time to catch up and take a Rocket 🚀
👀 Strong Team, Gaming Token, Staking, Fair Launch, Green Coin 👀
✅ Perfect Asymmetric Risk-Reward Scenario
Rewards are comparatively large on the reward side. This means with relatively low risk, you get very high chance of changing your financial life forever
✅ Earn Rewards on Innovative Tokenomics & Fee Partitioning
Holders will receive tokens through a static reflection. This means long term is king
✅ 3% Automatic Liquidity & Fast Pool Accumulation
Every transaction automatically contributes to the liquidity pool. This means the more time goes by, the more strength the ecosystem becomes
🥇Tokenomics:
- 3% liquidity
- 3% Marketing and Development
- 3% Redistribution in X
Blast off 🚀: https://t.me/rocketshibainu
The World’s Most Asymmetric Bet 📊
Have you missed the Shiba train?, thia is your time to catch up and take a Rocket 🚀
👀 Strong Team, Gaming Token, Staking, Fair Launch, Green Coin 👀
✅ Perfect Asymmetric Risk-Reward Scenario
Rewards are comparatively large on the reward side. This means with relatively low risk, you get very high chance of changing your financial life forever
✅ Earn Rewards on Innovative Tokenomics & Fee Partitioning
Holders will receive tokens through a static reflection. This means long term is king
✅ 3% Automatic Liquidity & Fast Pool Accumulation
Every transaction automatically contributes to the liquidity pool. This means the more time goes by, the more strength the ecosystem becomes
🥇Tokenomics:
- 3% liquidity
- 3% Marketing and Development
- 3% Redistribution in X
Blast off 🚀: https://t.me/rocketshibainu
Telegram
Rocket Shiba Inu
Have you missed the Shiba train? well now its time you catch up and take a Rocket 🚀
🚨New #BSCGems
@Flokimooni reach 2 M Marketcap ! 🚀
It is only the beginning ! Don't miss the rocket, big influencers posting shortly 👀
Enjoy your Doge rewards till holding $FLOKIM
💰Make sure to buy now !DONT MISS THIS X1000
✅Dex & Launchpad
✅Rare NFT's collection Drop
✅Play to earn game
✅50% burned 50% locked Liquidity
✅DOGE REWARDS FOR HOLDERS
📈Chart: https://poocoin.app/tokens/0x0f5351b9eaefd6687dff143de6ea5d01cb9c1205
Contract address 📈 : 0x0f5351b9eaefd6687dff143de6ea5d01cb9c1205
Website 🖥:https://flokimooni.com
Twitter 🕊: https://twitter.com/flokimooni
Telegram 🇬🇧: https://t.me/flokimooni
@Flokimooni reach 2 M Marketcap ! 🚀
It is only the beginning ! Don't miss the rocket, big influencers posting shortly 👀
Enjoy your Doge rewards till holding $FLOKIM
💰Make sure to buy now !DONT MISS THIS X1000
✅Dex & Launchpad
✅Rare NFT's collection Drop
✅Play to earn game
✅50% burned 50% locked Liquidity
✅DOGE REWARDS FOR HOLDERS
📈Chart: https://poocoin.app/tokens/0x0f5351b9eaefd6687dff143de6ea5d01cb9c1205
Contract address 📈 : 0x0f5351b9eaefd6687dff143de6ea5d01cb9c1205
Website 🖥:https://flokimooni.com
Twitter 🕊: https://twitter.com/flokimooni
Telegram 🇬🇧: https://t.me/flokimooni
Bitcoin Regains Strength, Ethereum Hits New ATH, SHIB Slides.
Bitcoin price was able to start a fresh increase above the USD 60,000 and USD 60,500 resistance levels. BTC climbed above USD 61,200. It is currently (04:18 UTC) facing resistance near USD 62,000, above which there could be a steady increase.
Besides, most major altcoins are gaining bullish momentum. ETH rallied 9% and it even spiked above USD 4,400. XRP could test the USD 1.12 resistance zone. ADA is now consolidating above the USD 2.00 level.
After a close above USD 60,000, bitcoin price was able to recover further. BTC was able to climb above the USD 60,500 and USD 61,200 resistance levels. An immediate resistance is near the USD 61,800 level. The next major resistance is near USD 62,000, above which the price may perhaps gain bullish momentum.
On the downside, an initial support is near the USD 61,200 level. The main support is now forming near the USD 60,000 level, below which the price might gain bearish momentum.
Ethereum price started a major increase above the USD 4,200 resistance. ETH rallied 9% and it even spiked above USD 4,400, reaching its new all-time high of USD 4,416 (per Coingecko) and correcting lower soon after. On the upside, an initial resistance is near the USD 4,400 level. The next major resistance is near USD 4,440, above which the price could accelerate higher towards the USD 4,550 level.
Bitcoin price was able to start a fresh increase above the USD 60,000 and USD 60,500 resistance levels. BTC climbed above USD 61,200. It is currently (04:18 UTC) facing resistance near USD 62,000, above which there could be a steady increase.
Besides, most major altcoins are gaining bullish momentum. ETH rallied 9% and it even spiked above USD 4,400. XRP could test the USD 1.12 resistance zone. ADA is now consolidating above the USD 2.00 level.
After a close above USD 60,000, bitcoin price was able to recover further. BTC was able to climb above the USD 60,500 and USD 61,200 resistance levels. An immediate resistance is near the USD 61,800 level. The next major resistance is near USD 62,000, above which the price may perhaps gain bullish momentum.
On the downside, an initial support is near the USD 61,200 level. The main support is now forming near the USD 60,000 level, below which the price might gain bearish momentum.
Ethereum price started a major increase above the USD 4,200 resistance. ETH rallied 9% and it even spiked above USD 4,400, reaching its new all-time high of USD 4,416 (per Coingecko) and correcting lower soon after. On the upside, an initial resistance is near the USD 4,400 level. The next major resistance is near USD 4,440, above which the price could accelerate higher towards the USD 4,550 level.
