I wont be surprised if $NWC hits 2 usd in the upcoming week.
Their fundamentals are amazing, they launched crypto mobile app, partnered with KuCoin and Coinmarketcal.
Rumor is they are about to list on Binance, they will do 10x easy.
Currently on KuCoin👇
https://welcome.newscrypto.io/3d3mNrU
And Uniswap👇
https://welcome.newscrypto.io/3aUkDrV
Sponsor of yesterday's pump. - $ 132M loss from Habit Candle Giant
Short at maximum BNB, ETH, BTC?
Tesla Buys $1.5 Billion in Bitcoin Days After Elon Musk Twitter Bio Change
https://bit.ly/3a0yXzT
For Trading signals follow us:https://bit.ly/3tahtsa
💎 Key NFT News
- Jake Bruchman of CoinFund posted a great article on NFT liquidity this week.
- Well-known investor Mark Cuban has been involved in NFT in recent days.
- The new NFT Hashmasks project quickly attracted a lot of attention. Here is a description of what the project is about.
- Cooper Turley has posted an excellent overview of the NFT release situation.
While the Bitcoin exchange rate continues to be at approximately the same level, the number of coins on cryptocurrency exchanges is dropping significantly. This means that investors withdraw BTC from trading platforms for long-term storage.
This trend is reminiscent of what happened at the end of 2016. At that time, the cryptocurrency was valued at $ 700-900.
MicroStrategy Buys Another $10 Million in Bitcoin, Now Holds 71,079 BTC in Total Worth $2.5 Billion
https://bit.ly/2MiBtZn
For Trading signals follow us:https://bit.ly/3tahtsa
🔸Elon Musk Says Bitcoin is the Financial Furture, Regrets Not Buying it Earlier🔸
https://bit.ly/39DlSMJ
For updates: https://twitter.com/CoinGapeMedia
Dogecoin (DOGE), which burst into the top 10 of the cryptocurrency rating by capitalization, was not the most profitable for the week. The largest growth in seven days was demonstrated by the Tokenlon (LON) token from the second hundred of the list.
Читать полностью…As a result of yesterday's events, the redditors from r / wallstreetbets were blocked in Discord (another adherents of free speech), after which they successfully moved to Telegram, their channel already has more than 80,000 members.
Today they announced that they will pump the price of stock exchange shares during the day and switch to crypto at night.
🔥 Robinhood has already reacted by limiting cryptocurrency trading due to "unusual market conditions" and has asked banks for a $ 1 billion loan to weather the market surge in volatility.
One of the developers of the Robinhood application, which is now the most popular for investment among ordinary users, shared an insider that the management introduced the restriction on the purchase of shares and cryptocurrencies after a number of calls from a number of large hedge funds affected by user actions, as well as from the White House.
UPD. A short extract from the dialogues in the WSB redditors chat:
• We continue to hold GameStop this week.
• On the next one we will choose something else from the stock market.
• If you can't buy GME, buy and hold BTC.
• Crypt is good, but we'll come back to it later.
• We are not a pump group, and this is not about making money, we just want to bend funds, as they were bending us for a long time.
Investors invested $ 180 million in bitcoin fund through IPO on the Toronto Stock Exchange
Ninepoint Partners LP today reported on the successful completion of an initial public offering (IPO), which it organized for its bitcoin fund, raising $ 180 million.
“This is the largest initial public offering of a bitcoin investment fund in Canada to date,” said Ninepoint Managing Partner Josh Wilson.
According to the press release, trading in the shares of the trust will also start on the Toronto Stock Exchange, where they will be presented under the tickers “BITC.U” and “BITC.UN” depending on the currency of the quote - the US dollar and the Canadian dollar, respectively. Prior to this, Ninepoint secured the approval of the Canadian regulator to list its securities.
Thus, Ninepoint is competing with Grayscale, which is many times larger than it in terms of assets and has over $ 20 billion in Bitcoin alone. Ninepoint, however, expects to take advantage of the 0.7% lower managerial rate and no requirement to hold shares before the sale. In comparison, Grayscale charges its customers 2% per year. Like the Grayscale bitcoin trust, Ninepoint "intends to achieve its investment objectives by investing directly in bitcoin using high quality services." The custody division of the American cryptocurrency exchange Gemini will be responsible for storing Ninepoint bitcoins.
This is not the first foundation for Ninepoint. The company specializes in alternative investments, including funds related to precious metals and real estate.
Reddit and Ethereum Foundation to Build Blockchain Scaling Solution Together
The Reddit platform, which calls itself the "home page of the Internet," today announced a partnership with the Ethereum Foundation to develop solutions for blockchain scaling.
“We are committed to accelerating progress in scaling and developing the technology required to run large-scale applications such as Ethereum-powered Community Points. The scaling technology developed within the framework of this cooperation will be based on the principles of open source, and anyone can use it, ”writes the administrator of the portal jarins.
Together, Reddit and the Ethereum Foundation can work on both the creation of new solutions for scaling the second level, and the withdrawal of already proposed technologies from the design stage to the operational one.
Last year, Reddit, as part of the Community Points program, launched its own tokens for users of the r / Cryptocurrency and r / FortNiteBR subreddits. Its idea is to reward users for quality content with the ability to exchange tokens for insignia and other privileges. ERC20-tokens MOONS and BRICKS are presented on the Rinkeby testnet, but users have found a way to exchange them for real cryptocurrency.
In the summer, the portal encouraged developers to come up with solutions to scale their cryptocurrency initiative with a view to potentially expanding it to its multi-million dollar user base. Currently, the site is visited daily by over 50 million users.
“At this stage of cooperation, our efforts will be focused on bringing Ethereum to the scale of Reddit. Our blockchain activity will be spearheaded by the crypto team Reddit. We are currently hiring backend developers looking to build a decentralized internet, added jarins. "If you are interested in solving complex problems, including scaling and bringing the blockchain to millions of users, contact us."
🦄NEW UNISWAP 10x GEM ~ NWC 🦄
🔥Pair ~ NWC/ETH 🔥
Newscrypto is fundamentally one of the strongest projects out there, providing profitable solutions for crypto trading. In a year and a half the managed to:
🔹Integrate Visa, Mastercard, Paypal, Apple Pay & more
🔹Become number 1. educational project in the crypto sphere
🔹Partnered up with leading crypto exchange #KuCoin
🔹Partnered up number one data provider #CoinMarketCal
🔹Developed numerous revolutionary products
The future looks bright for the project as they plan to:
🔸Launch their biggest product, a mobile APP
🔸Enable cross chain technology, utilizing BSC, Stellar and ERC
🔸Listing to other DEX's, including Sushiswap, Binance DEX etc.
$NWC is the backbone of the Newscrypto network and acts as a payment method in their products. As the need for their products grows, so does the need for the NWC token.
🌐Token contract:
https://etherscan.io/address/0x968F6f898a6Df937fC1859b323aC2F14643e3fED
🌐Dextools:
https://www.dextools.io/app/uniswap/pair-explorer/0x4f6d22362629c5a933d285ad0036d78f30a6b1cb
🌐Token:
https://etherscan.io/token/0x968F6f898a6Df937fC1859b323aC2F14643e3fED
Trading pair on Uniswap:👇
https://info.uniswap.org/pair/0x4f6d22362629c5a933d285ad0036d78f30a6b1cb
Website: https://newscrypto.io/
Telegram: /channel/NWC_Public
Twitter: https://twitter.com/NwcPublic
Launch of Ether Futures on the Chicago Stock Exchange Will Accelerate Institutional Adoption of Altcoin
A report from Pantera Capital said institutional investors will be on the air more actively after the Chicago Exchange (CME) launches ETH futures.
Less than three weeks are left before such a product appears. At the end of last year, CME announced the launch of Ethereum Futures. Investors will be able to take advantage of such products as early as February 8th. One contract is 50 ETH.
In a January letter to investors, Pantera Capital notes that the launch of futures is fundamental to the long-term strengthening of the altcoin.
The company stated:
“Once ETH futures are launched, institutional entry into cryptocurrency will accelerate. As more and more holders are betting on ETH in Ethereum 2.0, this means a further decline in sales. "
The emergence of a new product will lead to the fact that by the end of this year the ether rate will be able to update the maximums. According to analysts at Pantera Capital, Ethereum is currently the leading network for deploying smart contracts and developing blockchain applications (DApps).
In addition, Ethereum is the main platform for DeFi projects. In just one year, the value of tokens locked in the DeFi ecosystem has grown from $ 1 billion to $ 24 billion.
The ETH rate on Thursday, January 21, is holding around $ 1311. The capitalization of the largest altcoin over the past 24 hours has decreased to $ 149.993 billion (-4.35%).
The number of transactions carried out on the Ethereum network during the day is at an all-time high. We are talking about at least 1.25 million transfers per day.
Читать полностью…The recent rise in the Dogecoin rate against the background of Elon Musk's tweets did not pass without a trace. In particular, CoinMetrics analysts noted the activation of addresses that were previously inactive.
Читать полностью…❗️ Tesla bought Bitcoin for $ 1,500,000,000. Elon contributes to the crypto, more than all known CryptoHipers!
Читать полностью…Tifon gas station network to start accepting cryptocurrencies
Tifon, a network of Croatian petrol stations, will begin accepting cryptocurrency payments for fuel and other products and services in partnership with Electrocoin.
Through a partnership with cryptocurrency payment platform PayCek from Electrocoin, 46 Tifon gas stations in Croatia will begin accepting BTC, ETH, XLM, XRP and EOS for goods and services.
According to Nikola Škorić, Electrocoin CEO, PayCek will convert cryptocurrencies to Croatia's national currency, the kunas, and then transfer them to Tifon.
Tifon said the new service could be popular with foreign and local tourists who visit Croatian cities and coastlines in summer. Tifon Chief Financial Officer Ana Lokas said:
"Although cryptocurrency payments in Croatia are still in the early stages of expansion, with the introduction of this payment option at all Tifon stations, we expect further growth and development in this sector."
Recall that in 2019, the Croatian Post announced a test launch of the service for exchanging cryptocurrencies for cash in the city of Zadar. The service was also provided in partnership with Electrocoin.
$MYST now lives on @BittrexGlobal exchange ⚡️
So we’re giving away $15K in MYST to our growing community 🚀
You still have 3 days left to enter & win a share.
Get to know the #token that powers @MysteriumNet #dVPN #network 💪
👇
https://global.bittrex.com/discover/the-15000-myst-trading-competition-starts-february-1st
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1. Join Holdefi Telegram Group
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📊 Cryptocurrency market statistics for January
• Bitcoin has set a new all-time high of $ 42,000
• Ethereum also broke the all-time high of $ 1450
• Cryptocurrency market capitalization reached $ 1 trillion for the first time
• The volume of trading on exchanges broke a record $ 900 billion
• Trading volume on the largest decentralized exchange Uniswap exceeded $ 30 billion
• BTC miners earned over $ 1.09 billion in January, the largest value since December 2017
• ETH miners earned $ 800 million, which exceeds the previous all-time high of three years ago.
Apparently we still do not know something. Crypto signals for global movements?
Taking into account the algorithms and selection time, such wallet names can be selected forever. Hmmm 🎄☑️
Ethereum relaunches its rocket takeoff to $1,500
https://bit.ly/3tahtsa
For updates: https://twitter.com/CoinGapeMedia
SEC Releases Official Statement on Recent Market Volatility Owing to GME and AMC Price Pump
https://bit.ly/2NQDPiB
For more updates https://twitter.com/CoinGapeMedia
Guggenheim CIO Says “Institutional Demand Not Strong Enough to Keep Bitcoin Price Above $30,000”
https://bit.ly/3omzsYR
For more updates : https://twitter.com/CoinGapeMedia
More than 120,000 bitcoin options contracts expire on Friday with a total value of $ 4 billion
Most of them have $ 20,000 and $ 52,000 strike prices. If I understand correctly, then on Friday we need to stay between these prices, and the maximum loss of traders will be at the close at the price of $ 28,000,
Annual Report 2020: Rise Cryptocurrency Derivatives + Huobi Case Study
http://bit.ly/26cdedfe
For more updates: https://twitter.com/CoinGapeMedia
Bitcoin Searches in Argentina Spikes Significantly as Annual Inflation Rates Crosses 40%
http://bit.ly/2LSxxON
For more updates: https://twitter.com/CoinGapeMedia
Bitcoin price could drop to zero - UBS Wealth Management
Analysts at one of the world's largest asset management firm have warned budding investors inspired by Bitcoin's bull rally: you could lose all your money. Bloomberg reports.
According to the Swiss company UBS Global Wealth Management, large cryptocurrencies could be destroyed by regulatory measures and rival digital assets issued by central banks.
“In our view, there is little that can stop the price of cryptocurrency from falling to zero if a better version is launched or in the event of depressive regulatory measures,” analysts, including Chief Investment Officer Michael Bolliger, said in a report. "Netscape and Myspace are examples of network applications that were popular but disappeared over time."
The investment firm's report drew warm support from Bloomberg readers on Twitter. Preston Pysh, co-founder of The Investor's Podcast Network, wrote: “I heard that the price could turn negative like the price of oil. Cryptocurrency can be so unclaimed that no one wants to store it in their hardware wallets ... people will pay to put it in your hardware wallet. It can be terrible. This is so scary".
The total amount of funds in the niche of decentralized finance continues to exceed the equivalent of $ 20 billion. The peak of the indicator at 23.09 billion was recorded on January 10, that is, quite recently.
Читать полностью…