Discord Accounts Linked to Ethereum May Be Coming, CEO Suggests
It seems that the popular messaging platform Discord is working on a link to Ethereum (ETH), as hinted by Discord’s CEO and founder Jason Citron.
“Probably nothing,” wrote Citron on Twitter above a screenshot that seems to show Discord user settings, and among connection options – Ethereum and its logo. It further suggests that users will have the option to connect their accounts to Ethereum using the MetaMask wallet or the WalletConnect protocol.
There has so far generally been a lot of support from the crypto community for this move, with many praising the social network for it.
“I dunno what they have in mind with this exactly, but it could be pretty interesting,” DC Investor tweeted, adding: “simple thing is just sharing NFT pfps non-fungible token profile pictures, but the real value could come from gated channel access (i.e., you have the right token, they can automatically authenticate you without bots).”
Meanwhile, Maya Zehavi, a blockchain-focused entrepreneur and Founding Board Member of the Israeli Blockchain Industry Forum, wondered if Discord could be “the social network that leapjumps into crypto,” instead of crypto-supporting Twitter, which in her opinion would be “a huge miss” for the latter.
But quite a few Discord users are voicing out their opposition to adding anything crypto-related to the social network, liking crypto and NFTs to spams, scams, personal data leaks, and multi-level marketing (MLM) schemes. Many are also saying that NFTs specifically shouldn’t be added as they are “bad for the environment and artists alike.”
It seems that the popular messaging platform Discord is working on a link to Ethereum (ETH), as hinted by Discord’s CEO and founder Jason Citron.
“Probably nothing,” wrote Citron on Twitter above a screenshot that seems to show Discord user settings, and among connection options – Ethereum and its logo. It further suggests that users will have the option to connect their accounts to Ethereum using the MetaMask wallet or the WalletConnect protocol.
There has so far generally been a lot of support from the crypto community for this move, with many praising the social network for it.
“I dunno what they have in mind with this exactly, but it could be pretty interesting,” DC Investor tweeted, adding: “simple thing is just sharing NFT pfps non-fungible token profile pictures, but the real value could come from gated channel access (i.e., you have the right token, they can automatically authenticate you without bots).”
Meanwhile, Maya Zehavi, a blockchain-focused entrepreneur and Founding Board Member of the Israeli Blockchain Industry Forum, wondered if Discord could be “the social network that leapjumps into crypto,” instead of crypto-supporting Twitter, which in her opinion would be “a huge miss” for the latter.
But quite a few Discord users are voicing out their opposition to adding anything crypto-related to the social network, liking crypto and NFTs to spams, scams, personal data leaks, and multi-level marketing (MLM) schemes. Many are also saying that NFTs specifically shouldn’t be added as they are “bad for the environment and artists alike.”
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between the largest cryptocurrency and the S&P 500 stock index stood at 22% for the past 60 days, according to the report.
The notable correlation gave bitcoin one of the highest stock market correlations of any cryptoasset. Only ethereum (ETH), dogecoin (DOGE), and vechain (VET) among the top 20 cryptoassets by market capitalization saw a marginally higher correlation of 23% each.
Some coins also had a negative correlation to the US stock market, according to the report. Among the top 20 cryptoassets, these included avalanche (AVAX), algorand (ALGO), and cosmos (ATOM).
Meanwhile, the report also found that correlations between crypto in general and other assets tend to increase during so-called “risk-off periods,” thus providing little downside protection for an investment portfolio. The “risk-off periods” were identified by examining the 30 worst days for the S&P 500 in the past two years.
“Thus, the crypto asset class may be less of a hedge than investors expect on the days they most need a hedge,” BitOoda warned.
In terms of the spot price of gold, the firm found that nearly all of the top 20 cryptoassets had a negative correlation over the past 60 days, with ETH and uniswap (UNI) standing out as the most uncorrelated. Both coins had a negative correlation with gold of -22%, the data showed.
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between the largest cryptocurrency and the S&P 500 stock index stood at 22% for the past 60 days, according to the report.
The notable correlation gave bitcoin one of the highest stock market correlations of any cryptoasset. Only ethereum (ETH), dogecoin (DOGE), and vechain (VET) among the top 20 cryptoassets by market capitalization saw a marginally higher correlation of 23% each.
Some coins also had a negative correlation to the US stock market, according to the report. Among the top 20 cryptoassets, these included avalanche (AVAX), algorand (ALGO), and cosmos (ATOM).
Meanwhile, the report also found that correlations between crypto in general and other assets tend to increase during so-called “risk-off periods,” thus providing little downside protection for an investment portfolio. The “risk-off periods” were identified by examining the 30 worst days for the S&P 500 in the past two years.
“Thus, the crypto asset class may be less of a hedge than investors expect on the days they most need a hedge,” BitOoda warned.
In terms of the spot price of gold, the firm found that nearly all of the top 20 cryptoassets had a negative correlation over the past 60 days, with ETH and uniswap (UNI) standing out as the most uncorrelated. Both coins had a negative correlation with gold of -22%, the data showed.
🏹 SAFEPUSSY 🏹
A NEW DESIRABLE GEM-COIN (XXX) ON PANCAKE SWAP.
📢📢📢 Welcome to one of the hottest and most promising projects of the expiring year - SafePussy. We are launching the entire erotic virtual world in which passion, pleasure and big money are best friends! SafePussy is a thrilling blockchain game in the Play-to-Earn format, where everyone can not only have fun, but also earn decent money. If you missed your XXX with various Gem-coins, then, here and now, take your chance together with us, in the project with huge plans and prospects!
⛰ The project is based on a game with its own game token. The game theme that fires your imagination:
🧡 Sexy Amazons that are looking for satisfaction
⚔️ A well-thought-out character development strategy
💰 A one-of-a-kind reward system for players.
Upcoming events:
🔸Stunning pre-sale at the best prices!
🔸Sale of unique NTF cards (game characters)
🔸Manyfold increase in your profit at the outset!
🔸Staking / farming on our own platform
🔸Game as an app on a smartphone
🔸Powerful marketing - reach 4.6 million users
Dates:
Private Sale at a super price - From November 15 to November 28, 2021
Sale NFT PACK AMAZON - From December 6 to December 12, 2021
Listing on PancakeSwap - December 19, 2021
Sale NFT PACK TOYS - December 20, 2021
🔒 Developer’s share is locked for 24 months!
👥 5% to holders from every transaction
🏦 5% to liquidity from every transaction
For more information on the game and the project, follow the link:
🇷🇺 https://telegra.ph/SafePussy-Planet-11-05
🇬🇧 https://telegra.ph/SafePussy-Planet-ENG-version-11-07
Telegram BOT: @safepussy_bot
Website: safepussy.io
Telegram Announcements : https://t.me/joinchat/ZORZSyr8myIxZWJi
Twitter: https://twitter.com/SafePussyGame
‼️ Contract address: TO AVOID FRAUD AND CLONES, THE SMART CONTRACT ADDRESS WILL BE AVAILABLE 15 MINUTES BEFORE THE LISTING ON THE OFFICIAL PROJECT CHANNEL!
💸 Give yourself a New Year present in the form of manyfold increase in your profit! 💸
A NEW DESIRABLE GEM-COIN (XXX) ON PANCAKE SWAP.
📢📢📢 Welcome to one of the hottest and most promising projects of the expiring year - SafePussy. We are launching the entire erotic virtual world in which passion, pleasure and big money are best friends! SafePussy is a thrilling blockchain game in the Play-to-Earn format, where everyone can not only have fun, but also earn decent money. If you missed your XXX with various Gem-coins, then, here and now, take your chance together with us, in the project with huge plans and prospects!
⛰ The project is based on a game with its own game token. The game theme that fires your imagination:
🧡 Sexy Amazons that are looking for satisfaction
⚔️ A well-thought-out character development strategy
💰 A one-of-a-kind reward system for players.
Upcoming events:
🔸Stunning pre-sale at the best prices!
🔸Sale of unique NTF cards (game characters)
🔸Manyfold increase in your profit at the outset!
🔸Staking / farming on our own platform
🔸Game as an app on a smartphone
🔸Powerful marketing - reach 4.6 million users
Dates:
Private Sale at a super price - From November 15 to November 28, 2021
Sale NFT PACK AMAZON - From December 6 to December 12, 2021
Listing on PancakeSwap - December 19, 2021
Sale NFT PACK TOYS - December 20, 2021
🔒 Developer’s share is locked for 24 months!
👥 5% to holders from every transaction
🏦 5% to liquidity from every transaction
For more information on the game and the project, follow the link:
🇷🇺 https://telegra.ph/SafePussy-Planet-11-05
🇬🇧 https://telegra.ph/SafePussy-Planet-ENG-version-11-07
Telegram BOT: @safepussy_bot
Website: safepussy.io
Telegram Announcements : https://t.me/joinchat/ZORZSyr8myIxZWJi
Twitter: https://twitter.com/SafePussyGame
‼️ Contract address: TO AVOID FRAUD AND CLONES, THE SMART CONTRACT ADDRESS WILL BE AVAILABLE 15 MINUTES BEFORE THE LISTING ON THE OFFICIAL PROJECT CHANNEL!
💸 Give yourself a New Year present in the form of manyfold increase in your profit! 💸
Telegraph
1hfj
d
South Korea’s Prospective New President Mulls ‘Giving a Crypto to all Citizens’
Crypto has become a key issue in the run-up to the South Korean presidential election – with shots firing in all directions as politicians hunt for votes.
As previously reported, the ruling Democratic Party nominee Lee Jae-myung has already pledged to unpick crypto tax law to delay the imposition of a controversial 20% levy on crypto trading profits from January 2022 to 2023 at the earliest. His main opponent from the People’s Power Party has also promised to delay the law.
But now Lee Jae-myung has ramped up the stakes – by suggesting that his party is “seriously considering the notion of” creating a cryptoasset and handing tokens out to the entire nation.
On November 11, Lee attended a “Youth Talk on Cryptoassets” event, where MBN quoted him as stating:
“We need to create a foundation for issuing and circulating virtual assets that are recognized around the world. It is something of a revolution: It is akin to creating a new currency.”
He hinted that he would seek to take a far more crypto-friendly approach than the incumbent government, explaining that South Korea is implementing "a national policy of isolationism" when it comes to digital assets.
Crypto has become a key issue in the run-up to the South Korean presidential election – with shots firing in all directions as politicians hunt for votes.
As previously reported, the ruling Democratic Party nominee Lee Jae-myung has already pledged to unpick crypto tax law to delay the imposition of a controversial 20% levy on crypto trading profits from January 2022 to 2023 at the earliest. His main opponent from the People’s Power Party has also promised to delay the law.
But now Lee Jae-myung has ramped up the stakes – by suggesting that his party is “seriously considering the notion of” creating a cryptoasset and handing tokens out to the entire nation.
On November 11, Lee attended a “Youth Talk on Cryptoassets” event, where MBN quoted him as stating:
“We need to create a foundation for issuing and circulating virtual assets that are recognized around the world. It is something of a revolution: It is akin to creating a new currency.”
He hinted that he would seek to take a far more crypto-friendly approach than the incumbent government, explaining that South Korea is implementing "a national policy of isolationism" when it comes to digital assets.
What an amazing time for Rubic to integrate the Moonriver network!
After their wildly successful integration of the Avalanche blockchain, Rubic’s team immediately started working on integrating the Moonriver network. On Mon, 8th Nov, they presented their complete integration of Moonriver into rubic.exchange. There are now 5 blockchains supported by Rubic’s Multi-Chain Swaps: BSC, Ethereum, Polygon, Avalanche and Moonriver.
On that very same day, Binance even listed Moonriver and opened trading for MOVR/BTC, MOVR/BNB, MOVR/BUSD, and MOVR/USDT trading pairs.
To trade these and other trading pairs, visit Rubic.
And don’t miss the updates:
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
After their wildly successful integration of the Avalanche blockchain, Rubic’s team immediately started working on integrating the Moonriver network. On Mon, 8th Nov, they presented their complete integration of Moonriver into rubic.exchange. There are now 5 blockchains supported by Rubic’s Multi-Chain Swaps: BSC, Ethereum, Polygon, Avalanche and Moonriver.
On that very same day, Binance even listed Moonriver and opened trading for MOVR/BTC, MOVR/BNB, MOVR/BUSD, and MOVR/USDT trading pairs.
To trade these and other trading pairs, visit Rubic.
And don’t miss the updates:
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country, but also that cryptocurrencies need to be regulated.
During the meeting held on November 15, entitled 'CryptoFinance: Opportunities and Challenges', Indian MPs met with representatives of major exchanges, the Blockchain and Crypto Assets Council (BACC), and other industry insiders for the first time ever, as reported by Quartz India.
The participants "largely ... agreed that there cannot be a blanket ban. But many concerns were raised and everyone agreed on the need to regulate it,” The New Indian Express reported, citing a present at the meeting.
And while the Monday meeting's conclusion was that a regulation was necessary, what is less clear is - who is going to do it?
“But there were many queries which remained unanswered. The most important was if regulated, who will be the regulator of the sector which is neither currency nor traditional trade, not just technology,” the source reportedly said.
The session took place shortly after India’s Prime Minister Narendra Modi led a review meeting devoted to cryptocurrencies, indicating a U-turn on the cabinet’s previously hawkish approach to crypto, per Bloomberg.
Government sources have vowed that "progressive" and "forward looking" steps would be made in the field of crypto regulation as the industry asked for the Indian authorities to treat cryptocurrencies as special class assets subject to the country’s income tax and the goods and services tax (GST), according to the information obtained by local broadcaster CNBCTV18.
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country, but also that cryptocurrencies need to be regulated.
During the meeting held on November 15, entitled 'CryptoFinance: Opportunities and Challenges', Indian MPs met with representatives of major exchanges, the Blockchain and Crypto Assets Council (BACC), and other industry insiders for the first time ever, as reported by Quartz India.
The participants "largely ... agreed that there cannot be a blanket ban. But many concerns were raised and everyone agreed on the need to regulate it,” The New Indian Express reported, citing a present at the meeting.
And while the Monday meeting's conclusion was that a regulation was necessary, what is less clear is - who is going to do it?
“But there were many queries which remained unanswered. The most important was if regulated, who will be the regulator of the sector which is neither currency nor traditional trade, not just technology,” the source reportedly said.
The session took place shortly after India’s Prime Minister Narendra Modi led a review meeting devoted to cryptocurrencies, indicating a U-turn on the cabinet’s previously hawkish approach to crypto, per Bloomberg.
Government sources have vowed that "progressive" and "forward looking" steps would be made in the field of crypto regulation as the industry asked for the Indian authorities to treat cryptocurrencies as special class assets subject to the country’s income tax and the goods and services tax (GST), according to the information obtained by local broadcaster CNBCTV18.
🔹TEFI Token doubled in 20 days!
🔹@TedefiBot Live and Launched
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
@tedefibot
Token Symbol: 🔹TEFI
Token Deployment date: 19 October 2021
Max Circulating supply 🔹TEFI: 86,800,000
Tokens in Circulation: 🔹4,850,000
Current Chain: 🔸BSC
Initial price: $0.02 -
📊Expected Price at the end of Q4: ~$0.12
Instant Withdrawals inside Tedefi Exchange
Live Chart Inside Telegram
Referral Program without verifications
0x1FE78e5dfa616a3F6cDc6642a7A10dbD2C2C9383 Contract
Telegram bot: @tedefibot
Support: @tedefisupport
Website: tedefi.com
Whitepaper: https://tedefi.com/whitepaper.pdf
🔹@TedefiBot Live and Launched
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
@tedefibot
Token Symbol: 🔹TEFI
Token Deployment date: 19 October 2021
Max Circulating supply 🔹TEFI: 86,800,000
Tokens in Circulation: 🔹4,850,000
Current Chain: 🔸BSC
Initial price: $0.02 -
📊Expected Price at the end of Q4: ~$0.12
Instant Withdrawals inside Tedefi Exchange
Live Chart Inside Telegram
Referral Program without verifications
0x1FE78e5dfa616a3F6cDc6642a7A10dbD2C2C9383 Contract
Telegram bot: @tedefibot
Support: @tedefisupport
Website: tedefi.com
Whitepaper: https://tedefi.com/whitepaper.pdf
🔥1,000 NEVER BEFORE SEEN IMAGES
EXCLUSIVE, SEXY, TOPLESS AND EVEN MORE Drooling faceSmiling face with hornsFire!🔥
One Holly Sonders NFT gives access to:
One album of 100 unreleased photos, $5,000-$10,000 value!
15 minute exclusive AMA Zoom for NFT holders
Holly’s NFT exclusive NFT community
Golf Day with Holly prize-draw ($2k of travel expenses paid)
NFT Holders get Early Access to future drops
Ultra-Rare Holly Christmas Collectibles
"Holly KandyKrush" game access
..and much, more more!
Tip: Collect all 10 albums to get all 1000 unreleased photos!
LAUNCHING NOVEMBER 23rd 11am EST
https://discord.gg/gqGbCmTCtD
EXCLUSIVE, SEXY, TOPLESS AND EVEN MORE Drooling faceSmiling face with hornsFire!🔥
One Holly Sonders NFT gives access to:
One album of 100 unreleased photos, $5,000-$10,000 value!
15 minute exclusive AMA Zoom for NFT holders
Holly’s NFT exclusive NFT community
Golf Day with Holly prize-draw ($2k of travel expenses paid)
NFT Holders get Early Access to future drops
Ultra-Rare Holly Christmas Collectibles
"Holly KandyKrush" game access
..and much, more more!
Tip: Collect all 10 albums to get all 1000 unreleased photos!
LAUNCHING NOVEMBER 23rd 11am EST
https://discord.gg/gqGbCmTCtD
Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More
Nym’s CEO, Harry Halpin (on the left), and Matt Zahab, the host of the Cryptonews Podcast.
Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months.
The funding round was led by venture capital giant Andreessen Horowitz (a16z) and joined by a number of other high-profile investors, including Digital Currency Group, Huobi Ventures, HashKey, and others, as well as some individual node operators on the network. The latest round followed a USD 2.5m seed investment in 2019 led by Binance Labs, and a USD 6.5m round in July this year led by Polychain Capital.
Speaking with Cryptonews.com during the Blockchain Economy Expo 2021 conference in Dubai this week, Nym’s CEO, Harry Halpin, said that the startup is now focused on launching its mainnet, which is estimated to happen “by the end of the year or early next year.”
"Once we actually hit mainnet, we’re gonna see a lot of adoption pretty rapidly," the CEO said.
According to him, the company’s testnet has managed to reach 10,000 nodes, which he said is “almost as big as even Bitcoin.” (The Bitcoin (BTC) network now has almost 13,500 nodes, per bitnodes.io data).
Nym provides network-level privacy that works “sort of like a super VPN that is resistant even against the nation-state-level adversaries,” per Halpin. Meanwhile, unlike many other projects that have launched their own tokens, Nym is not aiming for its token – NYM – to be used for payments or any other functions outside of its own network. The company instead supports the use of BTC for payments.
Nym’s CEO, Harry Halpin (on the left), and Matt Zahab, the host of the Cryptonews Podcast.
Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months.
The funding round was led by venture capital giant Andreessen Horowitz (a16z) and joined by a number of other high-profile investors, including Digital Currency Group, Huobi Ventures, HashKey, and others, as well as some individual node operators on the network. The latest round followed a USD 2.5m seed investment in 2019 led by Binance Labs, and a USD 6.5m round in July this year led by Polychain Capital.
Speaking with Cryptonews.com during the Blockchain Economy Expo 2021 conference in Dubai this week, Nym’s CEO, Harry Halpin, said that the startup is now focused on launching its mainnet, which is estimated to happen “by the end of the year or early next year.”
"Once we actually hit mainnet, we’re gonna see a lot of adoption pretty rapidly," the CEO said.
According to him, the company’s testnet has managed to reach 10,000 nodes, which he said is “almost as big as even Bitcoin.” (The Bitcoin (BTC) network now has almost 13,500 nodes, per bitnodes.io data).
Nym provides network-level privacy that works “sort of like a super VPN that is resistant even against the nation-state-level adversaries,” per Halpin. Meanwhile, unlike many other projects that have launched their own tokens, Nym is not aiming for its token – NYM – to be used for payments or any other functions outside of its own network. The company instead supports the use of BTC for payments.
📣⚽️World Champion Paul Pogba partnering with NFT project CryptoDragons!
🐉 🔥 After first successful stage of Reservation, during which 500 Dragon Eggs were “sold out” in seconds, CryptoDragons entered into partnership with World Champion Paul Pogba.
“Father of Dragons is here” announced Paul Pogba, along with the next available Reservation date: November 21, 12 pm EST.
🌐Visit: cryptodragons.com
🐉 🔥 After first successful stage of Reservation, during which 500 Dragon Eggs were “sold out” in seconds, CryptoDragons entered into partnership with World Champion Paul Pogba.
“Father of Dragons is here” announced Paul Pogba, along with the next available Reservation date: November 21, 12 pm EST.
🌐Visit: cryptodragons.com
A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.
“In my view, having stablecoins scale rapidly is not a concern as long as there is sufficient competition within the stablecoin industry and from the existing banking system,” Fed governor Christopher J. Waller said during an annual financial stability conference hosted on Wednesday by the Federal Reserve Bank of Cleveland and the Office of Financial Research.
And according to the Fed governor, competition in the sector is not a problem at the moment, and is not likely to turn into one in the near future either.
“I believe that we are a long way from a monopoly in stablecoin issuance,” Waller said in the speech, adding that he sees “a lot of interest” from different players in offering stablecoins.
To this end, the central banker also said that it is important to ensure “that there are relatively few barriers to entry” for new stablecoin issuers. Moreover, he also made it clear that he disagrees with the notion that only banks should be allowed to issue stablecoins.
“That approach and mindset would eliminate a key benefit of a stablecoin arrangement—that it serves as a viable competitor to banking organizations in their role as payment providers,” Waller said.
And although the US central banker said that he can “understand the attraction of forcing a new product into an old, familiar structure,” he reiterated that innovations from outside of the banking industry must also be allowed to compete “on a clear and level playing field.”
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.
“In my view, having stablecoins scale rapidly is not a concern as long as there is sufficient competition within the stablecoin industry and from the existing banking system,” Fed governor Christopher J. Waller said during an annual financial stability conference hosted on Wednesday by the Federal Reserve Bank of Cleveland and the Office of Financial Research.
And according to the Fed governor, competition in the sector is not a problem at the moment, and is not likely to turn into one in the near future either.
“I believe that we are a long way from a monopoly in stablecoin issuance,” Waller said in the speech, adding that he sees “a lot of interest” from different players in offering stablecoins.
To this end, the central banker also said that it is important to ensure “that there are relatively few barriers to entry” for new stablecoin issuers. Moreover, he also made it clear that he disagrees with the notion that only banks should be allowed to issue stablecoins.
“That approach and mindset would eliminate a key benefit of a stablecoin arrangement—that it serves as a viable competitor to banking organizations in their role as payment providers,” Waller said.
And although the US central banker said that he can “understand the attraction of forcing a new product into an old, familiar structure,” he reiterated that innovations from outside of the banking industry must also be allowed to compete “on a clear and level playing field.”
Spooky Shiba - first horror-NFT project 😱
Spooky Shiba - is a BSC token, BUT the project itself is based on the interconnection with the NFT market! All token holders will automatically participate in daily and weekly lotteries with pretty curious rewards 🎁
Spooky Shiba is subject to 10% tax: 5% for the liquidity pool and 5% for a marketing wallet.
Expenses gonna be redirected to the involvement of famous YouTube bloggers and affluent Twitter personas! Ads broadcast on all main social networks and even in New York - Times Square billboard 🔥
There are 3 different NFT rarity levels: Common, Rare, and Legendary.
There will also be a set of 222 NFTs, 111 of these will be raffled off as prizes, while the remaining 111 will be available for purchase!
Future plans: HORROR METAVERSE 🤫
💭 Gonna be honest - the project looks indeed interesting and promising.
• Follow the link to buy the token: LINK
• Got any questions? You’re very welcome to our chat: ENG
Spooky Shiba - is a BSC token, BUT the project itself is based on the interconnection with the NFT market! All token holders will automatically participate in daily and weekly lotteries with pretty curious rewards 🎁
Spooky Shiba is subject to 10% tax: 5% for the liquidity pool and 5% for a marketing wallet.
Expenses gonna be redirected to the involvement of famous YouTube bloggers and affluent Twitter personas! Ads broadcast on all main social networks and even in New York - Times Square billboard 🔥
There are 3 different NFT rarity levels: Common, Rare, and Legendary.
There will also be a set of 222 NFTs, 111 of these will be raffled off as prizes, while the remaining 111 will be available for purchase!
Future plans: HORROR METAVERSE 🤫
💭 Gonna be honest - the project looks indeed interesting and promising.
• Follow the link to buy the token: LINK
• Got any questions? You’re very welcome to our chat: ENG
El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community.
President Nayib Bukele claimed the new city would be circular in form to mimic the shape of a coin. The BBC reported that the city will be built “in the south-eastern region of La Unión,” where it could tap into the Conchagua volcano’s geothermal energy source.
Bukele asserted that it would be a tax-free haven of sorts, where the only tax levy would be a 10% VAT charge that would be used to pay for city construction and services.
Further news on the matter was shared by Samson Mow, the chief strategy officer of Blockstream, who shared a video of himself speaking at an event along with Bukele to Twitter, and also detailed plans to Bloomberg, as well as on the Blockstream blog.
Mow stated that the new bond, dubbed the “volcano bond,” would be partly “converted to bitcoin,” with 50% of the bond fee to be "used for infrastructure and bitcoin mining powered by geothermal energy."
Investors will be locked into the bonds for a minimum of five years, after which the government “will begin to sell” its bitcoin holdings and pay “an additional dividend to investors.”
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community.
President Nayib Bukele claimed the new city would be circular in form to mimic the shape of a coin. The BBC reported that the city will be built “in the south-eastern region of La Unión,” where it could tap into the Conchagua volcano’s geothermal energy source.
Bukele asserted that it would be a tax-free haven of sorts, where the only tax levy would be a 10% VAT charge that would be used to pay for city construction and services.
Further news on the matter was shared by Samson Mow, the chief strategy officer of Blockstream, who shared a video of himself speaking at an event along with Bukele to Twitter, and also detailed plans to Bloomberg, as well as on the Blockstream blog.
Mow stated that the new bond, dubbed the “volcano bond,” would be partly “converted to bitcoin,” with 50% of the bond fee to be "used for infrastructure and bitcoin mining powered by geothermal energy."
Investors will be locked into the bonds for a minimum of five years, after which the government “will begin to sell” its bitcoin holdings and pay “an additional dividend to investors.”
👉 THN is listing on GATE.io, ranked amongst the world's top 10 exchanges.
🗓 November 24th (Wednesday) at 12PM GMT+8
🧐 Learn about founders and team:
• Variety
• Forbes
• Entrepreneur
• Digital Journal
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
🗓 November 24th (Wednesday) at 12PM GMT+8
🧐 Learn about founders and team:
• Variety
• Forbes
• Entrepreneur
• Digital Journal
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Gate.com
0.0001113 THN USDT Spot Trading | Live Price Chart | Gate.com
THN USDT spot trading, charts and order book. 24h High 0.0001119, Low 0.0000566. THN to USDT. Trade THN/USDT safely with Gate Exchange now!
Watch: CryptoBirb on Trends in Crypto Trading, His Exit Strategy, Bear Market, and More
“I have a couple of small, low-leverage positions as well in the futures market, so I trade derivatives, I trade crypto of course, like far on the spot basis but I also have my attention outside crypto which is definitely silver, gold, real estate, and I’m definitely scaling out slowly of crypto in order to put in into more, way more undervalued assets,” he told Cryptonews.com at the Blockchain Economy Expo 2021 conference in Dubai last week.
When asked about the upcoming next 2 to 3 years in terms of trading, CryptoBirb said that he believes it is going to be a “rocky road” ahead due to a forthcoming bear market.
“Bitcoin is very much and very fast nearing its peak, I can see a lot of early symptoms,” he said. In his view, the market is not going to “crash tomorrow” but he’d like to remind new traders that it might be a good time to plan and even start executing an exit strategy.
Speaking of bitcoin price prediction, CryptoBirb expects the price to be between USD 60,000 and USD 80,000 by January, and somewhere around USD 20,000 - 30,000 on January 1, 2023. As such, he advised all the new crypto traders to be armed with patience, honesty and desire for learning in the want to make money in the space.
“Patience. Pro-activity and learning, and at the same time I believe that honesty, honesty to themselves to admit their own mistakes, to skip the denial whenever they lose,” he replied when asked about the key bits of trading advice for newcomers.
“I have a couple of small, low-leverage positions as well in the futures market, so I trade derivatives, I trade crypto of course, like far on the spot basis but I also have my attention outside crypto which is definitely silver, gold, real estate, and I’m definitely scaling out slowly of crypto in order to put in into more, way more undervalued assets,” he told Cryptonews.com at the Blockchain Economy Expo 2021 conference in Dubai last week.
When asked about the upcoming next 2 to 3 years in terms of trading, CryptoBirb said that he believes it is going to be a “rocky road” ahead due to a forthcoming bear market.
“Bitcoin is very much and very fast nearing its peak, I can see a lot of early symptoms,” he said. In his view, the market is not going to “crash tomorrow” but he’d like to remind new traders that it might be a good time to plan and even start executing an exit strategy.
Speaking of bitcoin price prediction, CryptoBirb expects the price to be between USD 60,000 and USD 80,000 by January, and somewhere around USD 20,000 - 30,000 on January 1, 2023. As such, he advised all the new crypto traders to be armed with patience, honesty and desire for learning in the want to make money in the space.
“Patience. Pro-activity and learning, and at the same time I believe that honesty, honesty to themselves to admit their own mistakes, to skip the denial whenever they lose,” he replied when asked about the key bits of trading advice for newcomers.
AKIL COIN - http://AKILCOIN.COM
👑PROMO-BUY 5bnb or more to compete in our TESLA Giveaway!
The Akil team is currently developing products across multiple brands, Akil Coin, NFTs, Akil Exchange, Akil Swap etc. which offers Binance Smart Chain-based tokens, popular cryptocurrencies, and the ability to buy, sell & store.
🚀 Presale now live ! on https://www.pinksale.finance/#/launchpad/0xc7078aCE9132B179FAb67049BBCA1BEd749fB275?chain=BSC 🚀 Launch NOVEMBER 26 2021 - 8PM UTC 🚀 CG & CMC Fast tracked!
🚀 Huge Marketing Budget
🚀 Contract Address - 0xa044f630fd8151ef9CFC87D20a9CbAd88AFaB9db
Get Free Presale NFTs value up to $1000 with a sell option at Launch. For more details join us to the Official Akil Community Group http://T.me/TheAkilCoin
Tokenomics
✅TOTAL SUPPLY - 10 Trillion ✅5% BUY & SELL TAX ✅2% LIQUIDITY
✅3% BUYBACKS/MARKETING WALLET
https://hotbit.zendesk.com/hc/en-us/articles/4410300036247-Hotbit-will-launch-AKL-Akil-Coin-Recently
https://www.wboc.com/story/45166748/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets
https://www.marketwatch.com/press-release/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets-2021-11-10
👑PROMO-BUY 5bnb or more to compete in our TESLA Giveaway!
The Akil team is currently developing products across multiple brands, Akil Coin, NFTs, Akil Exchange, Akil Swap etc. which offers Binance Smart Chain-based tokens, popular cryptocurrencies, and the ability to buy, sell & store.
🚀 Presale now live ! on https://www.pinksale.finance/#/launchpad/0xc7078aCE9132B179FAb67049BBCA1BEd749fB275?chain=BSC 🚀 Launch NOVEMBER 26 2021 - 8PM UTC 🚀 CG & CMC Fast tracked!
🚀 Huge Marketing Budget
🚀 Contract Address - 0xa044f630fd8151ef9CFC87D20a9CbAd88AFaB9db
Get Free Presale NFTs value up to $1000 with a sell option at Launch. For more details join us to the Official Akil Community Group http://T.me/TheAkilCoin
Tokenomics
✅TOTAL SUPPLY - 10 Trillion ✅5% BUY & SELL TAX ✅2% LIQUIDITY
✅3% BUYBACKS/MARKETING WALLET
https://hotbit.zendesk.com/hc/en-us/articles/4410300036247-Hotbit-will-launch-AKL-Akil-Coin-Recently
https://www.wboc.com/story/45166748/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets
https://www.marketwatch.com/press-release/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets-2021-11-10
📈 Vodka token appeared on PancakeSwap just yesterday, and has already made х10 (even up to х28!)
ℹ️ Vodka token is a collectible NFT game based on DeFi. In the game, participants mix cocktails and make money on them!
The recipe is simple: a serving of Vodka token, a serving of BNB or ETH, or USDT (one of your choice) and the NFT cocktail is ready!
❗️ There is a chance to randomly receive NFT above expectations: instead of a $ 100 cocktail, an Extra cocktail may drop out, which can be sold for $ 500.
You can also stake your NFT cocktail up to 144% APY or take part in the fair lottery and win up to 300%.
🍾 By the way, 1500 NFT cocktails are currently being drawn on the Discord Vodka token server
Terms: discord.gg/t7JeCe5Sm5
🌐 Website: vodkatoken.com
📩 Telegram: t.me/vodkatoken
🐦 Twitter: twitter.com/vodkatoken
ℹ️ Vodka token is a collectible NFT game based on DeFi. In the game, participants mix cocktails and make money on them!
The recipe is simple: a serving of Vodka token, a serving of BNB or ETH, or USDT (one of your choice) and the NFT cocktail is ready!
❗️ There is a chance to randomly receive NFT above expectations: instead of a $ 100 cocktail, an Extra cocktail may drop out, which can be sold for $ 500.
You can also stake your NFT cocktail up to 144% APY or take part in the fair lottery and win up to 300%.
🍾 By the way, 1500 NFT cocktails are currently being drawn on the Discord Vodka token server
Terms: discord.gg/t7JeCe5Sm5
🌐 Website: vodkatoken.com
📩 Telegram: t.me/vodkatoken
🐦 Twitter: twitter.com/vodkatoken
Selling Hits Crypto Market Again as New COVID Variant Spooks Traders
Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.
At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price of USD 54,735. At the same time, ethereum (ETH) was down by 6.4% to a price of USD 4,077.
Both cryptoassets fell today after seeing gains yesterday, with the sentiment then appearing to be turning positive after two weeks of mostly lower prices for bitcoin.
Following today’s sell-off, however, bitcoin is now trading below its low from Tuesday this week of USD 55,300, which at the time marked the lowest price since October 13. With today’s crash down to the USD 54,000-level, sentiment is once again turning negative among traders.
And as usual when selling pressure hits the market, leveraged traders who have bet on the wrong outcome get liquidated.
Over the past 4 hours, the overall crypto derivatives market saw close to USD 440m of mostly long positions liquidated, with the majority, as usual, being on Binance. For BTC alone, total crypto market liquidations stood at USD 116m, with USD 50m of that seen on Binance, data from Coinglass showed.
Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.
At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price of USD 54,735. At the same time, ethereum (ETH) was down by 6.4% to a price of USD 4,077.
Both cryptoassets fell today after seeing gains yesterday, with the sentiment then appearing to be turning positive after two weeks of mostly lower prices for bitcoin.
Following today’s sell-off, however, bitcoin is now trading below its low from Tuesday this week of USD 55,300, which at the time marked the lowest price since October 13. With today’s crash down to the USD 54,000-level, sentiment is once again turning negative among traders.
And as usual when selling pressure hits the market, leveraged traders who have bet on the wrong outcome get liquidated.
Over the past 4 hours, the overall crypto derivatives market saw close to USD 440m of mostly long positions liquidated, with the majority, as usual, being on Binance. For BTC alone, total crypto market liquidations stood at USD 116m, with USD 50m of that seen on Binance, data from Coinglass showed.
💰WIN 100,000$+ in PRIZES💰
If you’re looking for next 1000X NFT you’re in luck 🚀
Crypto Clowns are armed, dangerous and on the loose 🤡🔪
MINT one to WIN BIG💵
Prizes to be WON:🏅
⁃ 50,000$ in ETH 🤑
⁃ 50 x PS5 Gaming Consoles 🎮🎧
⁃ Ultra Rare 1 of 1 Crypto Ape Clown + MUTANT BORED APE (6+ETH Value) 🦍
⁃ And lots lots more… 🎪
Join Discord to Win 20,000$ NOW: https://discord.gg/3AfG47JCPR
If you’re looking for next 1000X NFT you’re in luck 🚀
Crypto Clowns are armed, dangerous and on the loose 🤡🔪
MINT one to WIN BIG💵
Prizes to be WON:🏅
⁃ 50,000$ in ETH 🤑
⁃ 50 x PS5 Gaming Consoles 🎮🎧
⁃ Ultra Rare 1 of 1 Crypto Ape Clown + MUTANT BORED APE (6+ETH Value) 🦍
⁃ And lots lots more… 🎪
Join Discord to Win 20,000$ NOW: https://discord.gg/3AfG47JCPR
Today we surpassed the milestone of 80,000 🔹Tedefi Exchange users! 🎉
Expected Price at the end of December: ~$0.5$ + 495% 🔥
This Week completed updates:🎉
💙TrustWallet Integrated
🦊Metamask Integrated
🕶Deposit confirmation speed optimized
🔧Minor bug fixes
Next two weeks plan: 🔹
P2P Transfers Inside 🔹TedefiBot
🖇New trading pairs implementation
🔐Staking Airdrop announcement 🔥
@TedefiBot
First Live Exchange for Trading based on Telegram
LIVE CHART TEFI COIN BASED ON BINANCE CHAIN🔸I
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @Tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
📠Tedefi Information
🔹Token Symbol: TEFI
🔹Network: Smartchain
🔹Circulating Supply: 25,050,000 TEFI
🔹Max Circulating Supply: 86,800,000 TEFI
📠Tedefi Chart
✅7 Days : +20.70%
✅30 Days : +190.70%
✅Expected Price at the end of December: ~$0.5$ + 495% 🔥
📠TedefiBot Features
🔸Live Chart Inside Telegram
🔸Referral Program without verifications
🔸Instant Withdrawals inside Tedefi Exchange
📠Useful Links
👉 Website Tedefi.com
👉 Team P2PBlockchain.org
👉 Telegram bot @TedefiBot
#First Telegram Exchange Platform
#Unique Telegram-Based Technology
@TedefiBot
Expected Price at the end of December: ~$0.5$ + 495% 🔥
This Week completed updates:🎉
💙TrustWallet Integrated
🦊Metamask Integrated
🕶Deposit confirmation speed optimized
🔧Minor bug fixes
Next two weeks plan: 🔹
P2P Transfers Inside 🔹TedefiBot
🖇New trading pairs implementation
🔐Staking Airdrop announcement 🔥
@TedefiBot
First Live Exchange for Trading based on Telegram
LIVE CHART TEFI COIN BASED ON BINANCE CHAIN🔸I
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @Tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
📠Tedefi Information
🔹Token Symbol: TEFI
🔹Network: Smartchain
🔹Circulating Supply: 25,050,000 TEFI
🔹Max Circulating Supply: 86,800,000 TEFI
📠Tedefi Chart
✅7 Days : +20.70%
✅30 Days : +190.70%
✅Expected Price at the end of December: ~$0.5$ + 495% 🔥
📠TedefiBot Features
🔸Live Chart Inside Telegram
🔸Referral Program without verifications
🔸Instant Withdrawals inside Tedefi Exchange
📠Useful Links
👉 Website Tedefi.com
👉 Team P2PBlockchain.org
👉 Telegram bot @TedefiBot
#First Telegram Exchange Platform
#Unique Telegram-Based Technology
@TedefiBot
