Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Ammend Their Tax Statements

The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements being reviewed correspond to reports of operations happening in 2020.

Argentine Tax Authority AFIP Ramps up Crypto Vigilance

The Argentine Tax Authority (AFIP) is using the reports coming from local exchanges to cross the data in the tax statements and the crypto holdings of several taxpayers and has already found incongruencies. According to reports, the organization has already sent notifications of these problems to 3,997 Argentine citizens, that will have the opportunity to correct their statements to include their cryptocurrency holdings and pay additional taxes.

These notifications would be linked to statements that were filed during 2020 and would be sent to taxpayers that have operated using local cryptocurrency exchanges, that must pass their operational information to the AFIP by law. The notifications explain that the taxpayer has been operating with cryptocurrency in these exchanges. It continues declaring:

You are reminded that the results derived from the disposal of digital currencies are covered by the Income Tax and, if applicable, you must proceed to externalize them in the relevant affidavits as well as their possession.

Can Crypto Be Seized to Pay Tax Debt in Argentina?

However, asking for information and justification of the expenses and cryptocurrency purchases for taxpayers in 2020 might lead them to show the history of their cryptocurrency holdings since its purchase until that year. This might also derive from having to amend cryptocurrency statements of years before 2020.

These actions can lead to a possible seizure of bitcoin, which is still a controversial issue according to analysts. Daniel Perez, an Argentine attorney, believes that there are still no laws that allow the state to take control of these cryptocurrency wallets. In contrast, digital accounts can be seized, with the organization having seized more than 1,200 of these since Feb. In an interview with Iproup, he stated:

The law would have to be modified to clearly stipulate the possibility of seizing electronic wallets. The AFIP knows this, and that is why it is trying to sneak into the Budget an article that gives it the power to do so both with respect to fiat money and bitcoin.

The applicability of this new article would be also limited because it would only apply to cryptocurrency held in noncustodial wallet providers and exchanges. It is still uncertain the ways in which the state would force citizens to deliver their cryptocurrency private keys to government officials.

What do you think about the recent notifications sent to taxpayers by the AFIP? Tell us in the comments section below.

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Crypto Law Experts Suggest SEC Likely To Lose Key Case And Discredit Howey Test

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Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector

Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot.

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Ethereum Founder Vitalik Buterin: Crypto Industry Shouldn't Be 'Enthusiastically Pursuing Institutional Capital'

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Bitcoin: Out of sight, out of mine could be the BTC miner motto for Q4 because... - AMBCrypto

Bitcoin Miners were at the receiving end of huge losses owing to the bear market of 2022. With major mining corporations contemplating bankruptcy, ...

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Crypto Law Experts Suggest SEC Likely To Lose Key Case And Discredit Howey Test

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Wealthy Millennials are getting advice from TikTok and pouring cash into Crypto, Poll Finds

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The Crypto Lifer Show - BITCOIN AND DOGE TAKE OVER!!! CRYPTO LIVES!! | RSS.com

Crypto Lifer compares the Bitcoin and Ethereum charts to the S&P 500, DXY, Bitcoin Dominance charts plus other market indicators to figure it all ...

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Influencers are trash for shilling Celsius

After a couple years in crypto, I maintained my viewership of a few crypto influencers I thought had merit. One was James at InvestAnswers. I thought he was more transparent than others, had the viewer's best interest in mind, and appreciated his empathy for animals.

However, the year leading up to Celsius locking out users, James repeatedly reccomended and assured viewers that Celsius was as safe as it gets. He even had Alex on his show multiple times.

But - after Celsius locked out users, James never addressed it or apologized for his misdirection (as far as I know). I don't mean to be too personal, but I also think he got his crypto out before the platform froze user's accounts. I'd like to be proven wrong and that James is in the same situation as others.

With that said, did any influencers apologize for shilling Celsius? It should be obvious to everyone that there is no authority in this space. You are all alone and should take personal accountability. Nobody knows anything when it comes down to it.

Submitted October 29, 2022 at 09:50PM by OpticallyMosache https://ift.tt/Iu6eDGC https://ift.tt/Lj1Bm7A

Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets

A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of this year and 74% plan to invest in the future.

Fidelity’s Institutional Investor Digital Assets Study

Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, released its fourth annual “Institutional Investor Digital Assets Study” Thursday. The study features a blind survey conducted between Jan. 2 and June 24. A total of 1,052 institutional investors in the U.S. (410), Europe (359), and Asia (283) participated.

According to the study:

Nearly six in 10 (58%) institutional investors surveyed invested in digital assets in the first half of 2022, while 74% plan to invest in the future.

In addition, 88% of institutional investors surveyed “find characteristics of digital assets appealing” and 51% “have a positive perception of digital assets.”

More than 81% of institutional investors surveyed believe that digital assets should be a part of an investment portfolio. Nearly 39% of respondents globally that invest buy digital assets directly, with bitcoin and ether noted as the most popular direct investment assets.

Fidelity detailed:

As the digital assets market and ecosystem continues to mature, fewer institutional investors now view digital assets as an alternative asset class, particularly in the U.S. and Asia.

According to the survey, “Lack of fundamentals to gauge value, security concerns among institutions and end-clients, market manipulation risks, complexity, and regulatory concerns were all cited by at least one-third of respondents as a reason why they do not currently invest in digital assets.”

Tom Jessop, president of Fidelity Digital Assets, commented: “The increased adoption reflected in the data speaks to a strong first half of the year for the digital assets industry.” He opined:

While the markets have faced headwinds in recent months, we believe that digital assets fundamentals remain strong and that the institutionalization of the market over the past several years has positioned it to weather recent events.

Fidelity Digital Assets has been ramping up services for institutional investors interested in having exposure to cryptocurrency in their portfolios. This week, the firm began offering ethereum (ETH) trading.

The firm recently explained how bitcoin could be considered portfolio insurance. “Bitcoin remains one of the few assets that does not correspond to another person’s liability, has no counterparty risk, and has a supply schedule that cannot be changed,” Fidelity Digital Assets described.

What do you think about this Fidelity study on the institutional adoption of digital assets? Let us know in the comments section below.

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Love or Hate Him — We Must Discuss Michael Saylor's Views on Bitcoin. | by Jayden Levitt

Looking past his controversies, Saylor's insightful views will make you question your Bitcoin thesis. Bitcoin Maximalists love him because he's a ...

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The U.S. Will Weaponize The Dollar By Backing It With Bitcoin

The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.

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Bitcoin Bearish Signal: Exchanges Receiving Large Deposits - NewsBTC

On-chain data shows the Bitcoin exchange inflows have spiked up over the last day, something that could prove to be bearish for the price of the ...

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Wealthy Millennials are getting advice from TikTok and pouring cash into Crypto, Poll Finds

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Dogechain is a Pump-and-Dump Scheme, On-Chain Sleuths Say

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The Bitcoin Collective: Ep134 - Not Number Go Up. It's Number of People Go Up on Apple Podcasts

It actually happened and it was amazing!! We pulled off the UK's first major Bitcoin conference and we're on today to chat through it all.

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It’s times like these where you learn the most about crypto in this sub - because the audience has shrunk and the OG’s remain.

As much as I do enjoy the pure chaos of a bull run, I appreciate the fact that these quiet, cold wintery times are filled with a higher percentage of knowledgeable, passionate crypto enthusiasts.

I’m not an expert by any means, and know comparably little compared to many members here, but far more than any average person would know.

So a small shoutout of respect and admiration for those of you still here and taking the time and effort to educate and participate. I look forward to enjoying learning as we build slowly toward the next tsunami of gainy goodness.

A bonus throwaway prediction, bull run on the next halving!

Submitted October 29, 2022 at 01:31AM by Chooky47 https://ift.tt/wW9lmEF https://ift.tt/62cyPMZ

Bitcoin ATMs Increase in Number in Moscow, Russia

The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty.

More Crypto ATMs Installed in Russian Federation Despite Absence of Regulations

With growing interest in cryptocurrencies, the number of devices offering automated teller services for digital assets is increasing, the Russian business daily Kommersant noted in article. Several dozen bitcoin ATMs (BATMs) are now operating across the country, despite the lack of clarity in terms of regulation.

Moscow has taken the lead when it comes to new installations. Quoting one of the companies behind them, Rusbit, the newspaper revealed that 14 new ‘cryptomats’ have appeared in the capital city this year, bringing the total across the Russian Federation to 52 units. Given Russia’s territory and population, that’s still a relatively small number but Rusbit expects a spike in 2023.

Most BATMs allow users to purchase one or more coins with cash or a non-cash payment method like a credit card and then receive the digital money to a crypto wallet. Some also support the sale of cryptocurrency for fiat, but the machines in Russia do not currently offer such cash withdrawals.

Rusbit offers its ATMs for between $1,800 and 3,600 and maintains them for 1% of the turnover. The company says its business is completely legal regarding the law “On Digital Financial Assets” (DFAs) which went into force in January, last year. The devices share data with the Federal Tax Service just like cash registers and verify the identities of customers, keeping records of their crypto addresses.

However, legal experts interviewed by the publication say that the bitcoin teller machines are still “in the gray zone” as far as regulations are concerned. The DFA law only partially regulated cryptocurrencies and related activities while the Russian parliament is yet to review and adopt a more comprehensive bill “On Digital Currency.”

According to Ksenia Petrovets, senior associate at the Birch Legal law firm, the current legislation does not cover operations for the exchange of digital currency for fiat money or other cryptocurrencies and these are neither explicitly prohibited nor directly legalized and regulated.

Alexander Sharapov, a lawyer from KSK Group, pointed out that it’s unclear what legal acts should regulate the interaction between the seller and the buyer of the cryptocurrency in the case of BATMs. Pavel Ganin, partner at A.T.legal, added there is no procedure for consumer rights protection either.

The CEO of defi banking platform Indefibank, Sergey Mendeleev, is worried that the new bitcoin ATMs may be confiscated by the authorities just like those that were operated by Bbfpro. Acting on request from the Central Bank of Russia, law enforcement seized 22 of the company’s machines in 2018.

Nevertheless, demand for this type of service is there, as for ordinary Russians it’s quite difficult to buy coins when they need to find peer-to-peer exchanges, open accounts on English-language platforms, and pass know-your-customer (KYC) procedures, remarked Roman Kaufman, co-founder of Berezka DAO.

The main drawback is the unfavorable exchange rate usually offered by BATM operators, which in Russia is typically 10 to 15% higher than online exchangers. On the other hand, those who just want try crypto out, can use the teller machines to purchase a much smaller amount of digital cash in comparison with trading platforms.

Do you think sanctions that are limiting Russians’ access to major crypto platforms could result in an increase in bitcoin ATM installations in their country? Tell us in the comments section below.

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Bitcoin Oct. 28 daily chart alert - Bulls working on price uptrend | Kitco News

(Kitco News) - Bitcoin-U.S. dollar prices are weaker in early U.S. trading Friday, on a corrective pullback after hitting a six-week high on ...

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Dogechain is a Pump-and-Dump Scheme, On-Chain Sleuths Say

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Submitted October 28, 2022 at 10:00PM by PersonWhoThinks https://ift.tt/PiWfBrR https://ift.tt/62cyPMZ

PayPal quietly reinstates $2500 fine

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Bitcoin (BTC) : ce mois de novembre 2022 va être très impulsif - Cryptoast

Le Bitcoin (BTC) développe une impulsion haussière depuis le début de la semaine, un mouvement qui pourrait être l'amorce de la fin d'une ...

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Morse Code for Moon Traders

It gets lonely out here in space sometimes. I sit behind my terminal like a good monkey. I stare deeply into the eyes of Gecko Terminal waiting softly to see a sign of someone staring back. I execute a small buy order seeing if I can drum up some action. Nothing. Trading has been quiet for the last hour and while my smooth brain knows a steady floor is a good sign for long term health I cant but wish for some candles to light up my quiet night. I punch in a buy for 420 Moons. My heart breaks to find no response sell of 69 moons. Am I alone out here in space?

Submitted October 27, 2022 at 09:45PM by CageMyElephant https://ift.tt/vu5S6Uy https://ift.tt/HfBNOvK

Dvision Network Announces 4th LAND Sale Together With Binance NFT and GameFi․org

PRESS RELEASE. Despite the decrease of NFTs trade volume from all time high, the metaverse development is reaching all time high since more organisations and governments show high interest in this emerging technology. Such as recent Norwegian Government joins metaverse with Interpol is already operating in a virtual world. While most of the virtual assets are still remain undervalued due to the bear market.

Meanwhile, one of the veterans in metaverse, Dvision Network has announced the highly anticipated 4th LAND Sale which will occur in collaboration with market leaders Binance NFT and GameFi.org on 28th October at 06:00 PM, KST. The sale will take place on above mentioned marketplaces and Dvision Network’ native marketplace simultaneously, making it easier for Dvision LAND collectors to get involved with different chains and platforms.

What’s there to know?

Binance NFT’s Twitter account recently revealed an NFT Sneak Peek about the new LAND Sale. According to the tweet:

“The Dvision Network LAND Mystery Box Collection contains LAND lots of 14 different parcel sizes and locations. Also, the luckiest NFT holders shall receive the premium (most luxurious) 3×3 LAND lot in the Amsterdam or Hong Kong Meta-Cities.”

Furthermore, as per another tweet by Binance NFT, both the Hong Kong and Amsterdam Meta-City virtual lots can be customized and users can even earn passive income by renting out their virtual real estate or advertising within their respective terrains.

As previously stated, all users have three options for participating in the 4th LAND Sale. They can buy Mystery Boxes on Dvision Marketplace with BNB chain-based DVI tokens, or lands can be also purchased on GameFi.org and Binance NFT marketplaces with BUSD (BNB Chain).

 

The Hong Kong city will have 1,588 LAND lots (2,501 PARCELs) and Amsterdam will have 1,496 LAND lots (2,285 PARCELs) for sale in the three marketplaces. Additionally, each Mystery Box contains a chance to win a full specification LAND in Hong Kong or Amsterdam ranging from 1×1 to 3×3 premium.

 

The details of the sale itself include the quantity for GameFi being 920 units while Binance NFT receives 1,538 units (Dvision will keep 626 units), the price per box being 90 BUSD, with the total raise is expected around 80,000 BUSD. Users will be limited in the number of boxes which is 20 boxes per wallet, and the time limit being October 28th onwards as aforementioned. Once again, everyone can participate through the three marketplaces but keep in mind that this LAND sale will be on a ‘first come, first serve’ basis.

How to participate?

As the Mystery Boxes are based on the BNB Chain (Binance Smart Chain) BEP-721 standard, all transactions in Dvision Marketplace must be traded with BEP-20-based DVI tokens. DVI tokens based on BEP-20 are available on the PancakeSwap, Gate.io, and MEXC exchanges. DVI tokens based on ERC-20 that are bought via Bithumb and Coinone can also be converted to BEP-20 through the website bridge. To further simplify the entire process, Dvision Network has posted a helpful step-by-step guide to assist with participating in the sale.

 

About Binance NFT

Binance NFT is a Binance-launched NFT marketplace on the BNB chain. It provides liquidity to the Binance NFT BNB chain-based NFT ecosystem. As the world’s largest cryptocurrency exchange, Binance is also a platform that uses a novel and innovative approach to revitalize the entire NFT ecosystem.

 

About GameFi.org

GameFi is a one-stop blockchain P2E (Play-to-Earn) gaming hub which offers game finance services to both game studios and players, as well as traders and investors. GameFi may hence best be understood as a platform with promising P2E blockchain games built on the BSC and Polygon networks. As an industry first, NFT Marketplace is now available to facilitate the trading of NFT game items within the GameFi platform.

About Dvision Network

Dvision Network strives to be the world’s most advanced blockchain-based NFT metaverse platform that is rapidly establishing a cutting-edge metaverse ecosystem by leveraging its own VR (Virtual Reality) technology, thereby lowering entry barriers for all types of users worldwide. As a result, it enables designers, businesses, and general users to immerse themselves in the most advanced and memorable metaverse experience. For more information and regular updates, visit the official website as well as the Twitter, Telegram and Medium channels.

 

 

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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PayPal quietly reinstates $2500 fine

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Submitted October 27, 2022 at 10:13PM by Q-BASE-Noob https://ift.tt/HDEnSKd https://ift.tt/HfBNOvK

Check this out!

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Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains

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Submitted October 26, 2022 at 09:41PM by jimtors100 https://ift.tt/8LbD47f https://ift.tt/bPtmuVY

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Bitcoin [BTC] investors should take this into consideration before going long - AMBCrypto

Bitcoin [BTC] bulls are finally charging after what seemed like the longest wait. It delivered an impressive upside, especially over the...

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Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards

Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto whenever they spend funds using the card.

Blockchain.com Introduces Crypto Visa Card

Blockchain.com is joining the likes of Crypto.com, Ripio, Bitso, Coinbase, Bitpay, Blockfi, and FTX by announcing the launch of a new crypto-loadable pre-paid Visa card. According to the announcement on Wednesday, Blockchain.com Visa users can “spend from a crypto balance fee-free and offer the opportunity to earn crypto rewards.”

Moreover, 50,000 registered users have already signed up for the company’s new crypto payments card. “As one of the crypto industry’s oldest and most trusted platforms, we’re excited to roll out the natural next step to make crypto easy to use in the real world and accessible to as many people as possible,” Blockchain.com’s CEO Peter Smith said in a statement sent to Bitcoin.com News on Wednesday.

Smith added:

This is a prime example of digital assets making their mark on the existing financial services industry, as we shape the future of (mainstream) finance.

Blockchain.com’s Visa card announcement follows the firm’s multi-year partnership deal with the Dallas Cowboys quarterback Dak Prescott. The company previously inked a deal with the entire Dallas Cowboys team in mid-April becoming the NFL team’s “exclusive digital asset partner.”

During the announcement on Wednesday, Cuy Sheffield, the head of Visa’s crypto unit, explained that the payments giant believes if crypto adoption is to continue to swell, mainstream finance solutions like cards help bolster that effort.

“At Visa, we believe for crypto adoption to grow, it’s critical for it to be easily accepted everywhere,” Sheffield said in a statement. “We’re excited to partner with leading crypto wallets and exchanges like Blockchain.com to unlock more ways consumers can use their crypto for everyday purchases.”

What do you think about Blockchain.com launching a crypto-centric pre-paid Visa card? Let us know your thoughts on this subject in the comments section below.

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Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains

Bitcoin continued its price run higher in Thursday morning trading in Asia as it neared US$21000. Ether and the rest of the top 10 ...

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Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains

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Submitted October 26, 2022 at 09:41PM by jimtors100 https://ift.tt/8LbD47f https://ift.tt/bPtmuVY

Don’t be exit liquidity for influencers

Okay so with the popularity of the reddit NFTs the grifters from Twitter are making there way here!

Please beware of the Twitter influencers coming onto reddit to pump their own bags.

Don't be exit liquidity for these lowlife grifters and get caught up in the "community" and fake positivity

Be careful who you follow on Twitter. As a large following doesn't equal credibility! Lots of the same influencers that are trying to “bridge the web 3 gap” are the same ones who in the past have been caught dumping on followers, undisclosed shills and other shady tactics.

I have as much hopium as anyone else but as soon as I see the shady Twitter influencer crew getting involved I stay far away!

A great place to start is @ZachXBT who has exposed countless bad actors in the space 😁

Stay safe frens ✌️

Submitted October 25, 2022 at 10:51PM by daddyhitch https://ift.tt/diYspjW https://ift.tt/bRcVYf2

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Bitcoin V8 Neon Sign - Neon Signs Depot in 2022 - Pinterest

Oct 13, 2022 - This is Bitcoin V8 Neon Sign. Part of our Bitcoin Neon Signs. This sign is a perfect gift for anyone. Good for home decoration and ...

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Little warning on Opensea

I know a lot of you are starting to get into NFTs now thanks to Reddit and honestly, cool, good for you. I hope you are all at least having a good time.

With that said, please be very aware that scams exist in plain sight on Opensea and it’s truly far easier than you might imagine to do everything right, and still get scammed.

I don’t know who needs to hear this but given the attention I’m seeing on here, more than likely a few of you at the least.

So, with that said, of the biggest ways you can get your wallet cleaned out is the fake nft airdrop scam.

With that particular scam, you’re airdropped a “cool NFT” and you go to the collection page and see it seems legit, has volume, a website, a team even, and low and behold the floor is worth an ETH or even more.

Jackpot you think, so you list your shiny new nft for sale and before you know it your wallet is drained and you have no idea how.

Fake NFTs are rampant. One wallet of mine has over a hundred fake scams in it alone. Others I know have more.

So to stay safe, only interact with what you know and trust.

Don’t take unnecessary risks and most importantly, transfer your NFTs off into a cold wallet and only keep what you don’t mind losing on your hot wallet. That’s your best bet at least.

Don’t trade on your cold wallet

Anyways. There are more but that’s a good start at least and will protect most of you.

Hope this helped someone.

Submitted October 26, 2022 at 12:17AM by reasonandmadness https://ift.tt/Jpz3quI https://ift.tt/bRcVYf2

Paypal and Western Union File Trademarks for Wide Range of Crypto Services

Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo.

Paypal’s New Trademark Filings for Crypto Services

Paypal Inc. has filed three new trademark applications with the United States Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted Monday:

Paypal has filed trademark applications for Paypal and its ‘overlapping Ps’ logo. The apps claim plans for exchanging, trading, and processing transfers of blockchain + digital assets, crypto + digital + virtual currencies … and more.

Filed on Oct. 18, the applications’ serial numbers are 97636933, 97636892, and 97636857.

An excerpt from one of the trademark applications explains that the trademark covers “downloadable software for sending, receiving, accepting, buying, selling, storing, transmitting, trading and exchanging digital currency, virtual currency, cryptocurrency, stablecoins, digital and blockchain assets, digitized assets, digital tokens, crypto tokens, and utility tokens.”

Paypal’s cryptocurrency platform allows customers in the U.S. and U.S. territories (excluding Hawaii) to transact with four different cryptocurrencies: bitcoin (BTC), ethereum (ETH), litecoin (LTC), and bitcoin cash (BCH). The payments company recently began allowing users to transfer crypto to other wallets and exchanges. Earlier this month, Paypal was caught in a controversy when people on social media noticed that its new terms of service allowed the company to fine customers $2,500 for spreading misinformation. The company subsequently claimed that it was an error.

Western Union Also Files 3 Trademark Applications for Crypto Services

Kondoudis reported Tuesday that financial services company Western Union also filed three trademark applications on the same day as Paypal. He wrote:

Western Union has filed 3 trademark applications claiming plans for financial + banking + insurance, virtual currency exchange + transfer, commodity and crypto trading + brokerage, issuing tokens of value … and much more.

The serial numbers for Western Union’s applications are 97641189, 97641182, and 97641176.

A growing number of companies have filed trademark applications relating to crypto and the metaverse with the USPTO. Earlier this month, Formula One filed eight trademark applications for “F1” covering many crypto and metaverse products and services. Ford similarly filed 19 trademark applications last month. E-commerce giant Ebay filed two in June, Facebook owner Meta filed five in May, and Mastercard filed 15 related trademark applications in April.

What do you think about Paypal and Western Union filing trademark applications for crypto services? Let us know in the comments section below.

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Top Analyst Says One Altcoin Showing Tons of Strength With Bitcoin Breakout This Week ...

Van de Poppe is also closely watching the price action of Bitcoin (BTC). The crypto analyst says that while Bitcoin has been stuck in a narrow ...

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Don’t be exit liquidity for influencers

Okay so with the popularity of the reddit NFTs the grifters from Twitter are making there way here!

Please beware of the Twitter influencers coming onto reddit to pump their own bags.

Don't be exit liquidity for these lowlife grifters and get caught up in the "community" and fake positivity

Be careful who you follow on Twitter. As a large following doesn't equal credibility! Lots of the same influencers that are trying to “bridge the web 3 gap” are the same ones who in the past have been caught dumping on followers, undisclosed shills and other shady tactics.

I have as much hopium as anyone else but as soon as I see the shady Twitter influencer crew getting involved I stay far away!

A great place to start is @ZachXBT who has exposed countless bad actors in the space 😁

Stay safe frens ✌️

Submitted October 25, 2022 at 10:51PM by daddyhitch https://ift.tt/diYspjW https://ift.tt/bRcVYf2

Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet - Dogecoin (DOGE/USD) - Benzinga

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Bitcoin, Ethereum, Dogecoin Drop Despite Surging Stocks: One Analyst Points To Fed ... - Benzinga

Bitcoin and other major cryptocurrencies fall on a day when U.S. Treasury Secretary Janet Yellen calls for regulation.

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Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain wallet.

Demand for Reddit’s Collectible NFT Avatars Skyrockets — $5 Million in Secondary Sales Sold Across 20,000 Sales

During the first week of July, Reddit revealed the company had plans to release blockchain-backed avatars that leverage the proof-of-stake (PoS) blockchain Polygon (MATIC). At the time, Reddit said that Polygon was chosen for its “low-cost transactions and sustainability commitments.” On October 18, 2022, Reddit’s chief product officer Pali Bhat explained, while speaking on a Techcrunch Disrupt panel, that three million Vault blockchain wallets crafted by Reddit were created to date.

Bhat further told the event’s attendees that 2.5 million were created in order to obtain the latest NFT avatars. According to statistics stemming from the blockchain analytics portal Dune Analytics, Opensea’s Polygon daily sales volume has skyrocketed and secondary market sales crossed the $5 million mark on Monday across 20,375 total sales. In the last 24 hours alone, the collectible Reddit NFT avatars recorded $1,951,860 in sales.

4,708 Reddit NFT avatar sales occurred across secondary markets during the last day, and today, there are 2,831,931 total collectible avatar holders as of 5 p.m. (ET) on October 24, 2022. On August 19, 2022, there were 32,730 total collectible avatar holders and since then, ownership has increased by 8,552%. By September 2022, the rate of ownership grew exponentially and there’s currently 2,919,501 Reddit collectible avatars available.

Dune Analytics stats published by the @polygon_analytics team show that 3.82% of the Reddit collectible avatars are owned by whales. Polygon’s native crypto asset, polygon (MATIC) has reaped the benefits of the latest Reddit NFT avatar demand, as the digital currency is up 6.4% during the last 24 hours. In seven days, MATIC has climbed 12.4% and during the last month, MATIC is up 15.4% against the U.S. dollar. Year-to-date, however, MATIC is down 45.4% against the greenback.

What do you think about the recent surge in demand for Reddit’s NFT collectible avatars? Let us know what you think about this subject in the comments section below.

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Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet - Dogecoin (DOGE/USD) - Benzinga

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Crypto Price Today: Bitcoin holds $19k; XRP & Uniswap drop up to 3%

Bitcoin held $19,000, whereas Ethereum was comfortable above the $1,300 mark. Top crypto tokens were trading mixed, though the changes were limited.

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Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet - Dogecoin (DOGE/USD) - Benzinga

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Two Americans Sent to Prison for Stealing Crypto by SIM Swapping

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Hong Kong Presents Digital Currency Prototype, Project Aurum

Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed.

Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum

A collaboration between the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), and the Hong Kong Applied Science and Technology Research Institute has produced a prototype of Hong Kong’s upcoming digital currency, the Bank for International Settlements (BIS) announced.

Project Aurum is a full-stack, front-end and back-end, central bank digital currency (CBDC) system comprising a wholesale interbank system and a retail e-wallet system, the international financial institution explained in a press release this week.

Participants in Aurum want to launch two different types of digital tokens. The first kind will be an intermediated digital currency while the second one will be a CBDC-backed stablecoin circulated in the interbank system. The BIS remarked:

The latter is unique in the study of CBDC to date. Privacy, safety and flexibility are core to the system.

“Bringing CBDC-backed stablecoins to life has never been done before and we, therefore, felt that doing so may supplement the growing body of research on private sector stablecoins,” the project’s authors elaborate. They further explain that in contrast with private stablecoins, Aurum’s stablecoin balances are reconciled, versus real-time gross settlement balances of the issuing bank with the central bank.

The developers believe that the system of CBDC-backed stablecoins can be used by monetary authorities when they try to work out the regulatory approaches in regard to private sector stablecoins, “especially while seeking to design methods to verify the backing of the stablecoins, a highly topical matter.” Just like with its fiat currency, three of Hong Kong’s financial institutions will be authorized to issue state-backed digital coins.

Hong Kong, one of the world’s major financial centers, has been intensifying efforts to catch up with others on the CBDC development front, including mainland China which has been expanding the digital yuan (e-CNY) pilot. The Chinese special administrative region started exploring the issuance of its own CBDC in March 2021.

In September of this year, the HKMA said that it was preparing to trial a digital version of the Hong Kong dollar (e-HKD) in the coming months. The monetary authority also took part in trials of cross-border CBDC transactions with the People’s Bank of China and the central banks of Thailand and the United Arab Emirates.

Do you expect Hong Kong to issue its digital currency in the near future? Tell us in the comments section below.

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LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022

PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October 25, 2022.

Utilizing the blockchain technology to tokenize the physical gold, VNX Gold (VNXAU) provides the reliability of gold with the flexibility of a crypto asset and enables users to buy and sell the purest gold from anywhere in the world. Its token VNXAU will be listed on LBank Exchange at 10:00 UTC on October 25, 2022, to further expand its global reach and help it achieve its vision.

Introducing VNX Gold

VNX Gold is a project under VNX that enables users to easily manage all of their gold transactions with digital tokens. Its tokenization of gold allows users to skip the hassle of visiting a vault or bank, and confidently invest from anywhere in the world.

As the first registered EEA investment platform for precious metals under the blockchain act (TVTG), VNX complies with the regulations and leading standards of investor protections. It believes that users should be able to make transactions with precious metals from anywhere in the world, with complete confidence and protection.

Upon purchase of the precious metals, users are issued a token on one of the supported blockchains. This token represents their individual ownership of the actual physical metal that is stored in high-security European vaults, independent from the banking system and in full compliance with applicable laws. While tokens may be sold at the platform or crypto exchange, user’s physical bars can be collected personally from the vault and delivered anywhere in the world by request.

Furthermore, user’s investments will be significantly simplified with tokenization. VNX provides a seamless, user-friendly digital platform that allows users to buy and sell precious metals for euro and cryptocurrency and transfer them 24/7 to their crypto wallet anywhere in the world. And users can enjoy a competitive fee structure with no storage fee.

VNXAU is a multichain token which will be available on different blockchains. With the listing on LBank VNX Gold issued its gold-backed tokens on the Q blockchain.

Q is a novel Layer 1 blockchain that offers the highest level of security for high-value use cases such as asset-backed tokens. The issuance of VNXAU on Q allows token holders enjoy high-performance transaction capabilities and solidified trust created by the Q ecosystem.

About VNXAU Token

VNX Gold (VNXAU) is a multichain token that represents ownership of specific physical gold bars purchased and stored in the VNX Gold holder’s name in a highly secured professional vault in the Principality of Liechtenstein. It’s freely transferrable on the supported blockchains and can be transferred to any

Each VNX Gold token holder is the only lawful owner of the gold subject to successful registration, identification, and passing anti-money laundering checks on the VNX Platform. Each one VNX Gold token certifies ownership of one gram of gold in a certain gold bar. There is no ultimate VNX Gold supply limitation because the number of VNX Gold tokens generated is driven by the demand from clients.

The VNXAU token will be listed on LBank Exchange at 10:00 UTC on October 25, 2022, investors who are interested in the VNX Gold investment can easily buy and sell VNXAU token on LBank Exchange by then. The listing of VNXAU token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about VNXAU Token:

Official Website: https://vnx.li

Telegram Chanel: https://t.me/vnx_li

Telegram Chat: https://t.me/VNX_Exchange

Discord: https://discord.gg/5jCaPYwr3f

Twitter: https://twitter.com/VNX_Platform

Instagram: https://www.instagram.com/vnxexchange/

Facebook: https://www.facebook.com/vnx.io/

Medium: https://medium.com/@vnx

About Q Blockchain

Q is a novel blockchain with a focus on transparent and enforceable governance.

Q’s vision is to create a comprehensive governance framework for the decentralized world, thereby enabling the most demanding applications and use cases. With its unique two-tier node system and a dispute resolution mechanism that is integrated into the protocol, Q offers unparalleled security.

This makes Q the ideal platform for high-value use cases such as asset-backed tokens issued by VNX. Users can rest assured that their assets are safe, while enjoying the benefits of a high-performance blockchain such as high transaction speed and low costs. Furthermore, the Q ecosystem offers all the features and tooling you would expect – purpose-built wallets, convenient user interfaces, token bridges to other blockchain ecosystems and much more.

Q is supported by the Q International Foundation, a not-for-profit entity based in the Principality of Liechtenstein.

Learn more about Q:

Website: https://q.org

Discord: https://discord.com/invite/YTgkvJvZGD

Twitter: https://twitter.com/QBlockchain

Medium: https://medium.com/q-blockchain

Documentation: https://docs.q.org/

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitcoin and Fiat Currency Interactions: Surprising Results from Asian Giants - MDPI

Keywords: Bitcoin; cryptocurrency market; fiat money; causality analysis; return spillovers. 1. Introduction. The Bitcoin and cryptocurrencies ...

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Cointest Updates: Top Coins winners

/r/CointestOfficial/comments/y7cbct/cointest_updates_top_coins_winners/

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LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022

PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October 25, 2022.

Utilizing the blockchain technology to tokenize the physical gold, VNX Gold (VNXAU) provides the reliability of gold with the flexibility of a crypto asset and enables users to buy and sell the purest gold from anywhere in the world. Its token VNXAU will be listed on LBank Exchange at 10:00 UTC on October 25, 2022, to further expand its global reach and help it achieve its vision.

Introducing VNX Gold

VNX Gold is a project under VNX that enables users to easily manage all of their gold transactions with digital tokens. Its tokenization of gold allows users to skip the hassle of visiting a vault or bank, and confidently invest from anywhere in the world.

As the first registered EEA investment platform for precious metals under the blockchain act (TVTG), VNX complies with the regulations and leading standards of investor protections. It believes that users should be able to make transactions with precious metals from anywhere in the world, with complete confidence and protection.

Upon purchase of the precious metals, users are issued a token on one of the supported blockchains. This token represents their individual ownership of the actual physical metal that is stored in high-security European vaults, independent from the banking system and in full compliance with applicable laws. While tokens may be sold at the platform or crypto exchange, user’s physical bars can be collected personally from the vault and delivered anywhere in the world by request.

Furthermore, user’s investments will be significantly simplified with tokenization. VNX provides a seamless, user-friendly digital platform that allows users to buy and sell precious metals for euro and cryptocurrency and transfer them 24/7 to their crypto wallet anywhere in the world. And users can enjoy a competitive fee structure with no storage fee.

VNXAU is a multichain token which will be available on different blockchains. With the listing on LBank VNX Gold issued its gold-backed tokens on the Q blockchain.

Q is a novel Layer 1 blockchain that offers the highest level of security for high-value use cases such as asset-backed tokens. The issuance of VNXAU on Q allows token holders enjoy high-performance transaction capabilities and solidified trust created by the Q ecosystem.

About VNXAU Token

VNX Gold (VNXAU) is a multichain token that represents ownership of specific physical gold bars purchased and stored in the VNX Gold holder’s name in a highly secured professional vault in the Principality of Liechtenstein. It’s freely transferrable on the supported blockchains and can be transferred to any

Each VNX Gold token holder is the only lawful owner of the gold subject to successful registration, identification, and passing anti-money laundering checks on the VNX Platform. Each one VNX Gold token certifies ownership of one gram of gold in a certain gold bar. There is no ultimate VNX Gold supply limitation because the number of VNX Gold tokens generated is driven by the demand from clients.

The VNXAU token will be listed on LBank Exchange at 10:00 UTC on October 25, 2022, investors who are interested in the VNX Gold investment can easily buy and sell VNXAU token on LBank Exchange by then. The listing of VNXAU token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about VNXAU Token:

Official Website: https://vnx.li

Telegram Chanel: https://t.me/vnx_li

Telegram Chat: https://t.me/VNX_Exchange

Discord: https://discord.gg/5jCaPYwr3f

Twitter: https://twitter.com/VNX_Platform

Instagram: https://www.instagram.com/vnxexchange/

Facebook: https://www.facebook.com/vnx.io/

Medium: https://medium.com/@vnx

About Q Blockchain

Q is a novel blockchain with a focus on transparent and enforceable governance.

Q’s vision is to create a comprehensive governance framework for the decentralized world, thereby enabling the most demanding applications and use cases. With its unique two-tier node system and a dispute resolution mechanism that is integrated into the protocol, Q offers unparalleled security.

This makes Q the ideal platform for high-value use cases such as asset-backed tokens issued by VNX. Users can rest assured that their assets are safe, while enjoying the benefits of a high-performance blockchain such as high transaction speed and low costs. Furthermore, the Q ecosystem offers all the features and tooling you would expect – purpose-built wallets, convenient user interfaces, token bridges to other blockchain ecosystems and much more.

Q is supported by the Q International Foundation, a not-for-profit entity based in the Principality of Liechtenstein.

Learn more about Q:

Website: https://q.org

Discord: https://discord.com/invite/YTgkvJvZGD

Twitter: https://twitter.com/QBlockchain

Medium: https://medium.com/q-blockchain

Documentation: https://docs.q.org/

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitcoin and Fiat Currency Interactions: Surprising Results from Asian Giants - MDPI

Keywords: Bitcoin; cryptocurrency market; fiat money; causality analysis; return spillovers. 1. Introduction. The Bitcoin and cryptocurrencies ...

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Cointest Updates: Top Coins winners

/r/CointestOfficial/comments/y7cbct/cointest_updates_top_coins_winners/

Submitted October 23, 2022 at 11:17PM by CointestMod https://ift.tt/0Ciwkvh https://ift.tt/u9Anr7s

Kanye West wants to build his own mini-city called the ‘Yecosystem’ and rumor has it, create his own cryptocurrency.

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Submitted October 22, 2022 at 10:42PM by liveaskings https://ift.tt/EUVwBdC https://ift.tt/S2UzicG

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Bitcoin Coin Wall Art - Pinterest

Sep 14, 2021 - Shop for Bitcoin Coin Wall Art by Irena Orlov. This ready to hang Bitcoin Coin Graffiti artwork is currently on a 61% off sale ...

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Ethereum's Billionaire addresses have increased their cumulative holdings by 14% in the past month and now control an all-time high of Eth

Currently, the top 132 holders of Ethereum currently hold 28.55m Eth - or roughly 23.3% of Eth's entire supply. They have added 14% more of their Eth holdings in just over a month.

https://preview.redd.it/efy5q5j3dhv91.jpg?width=2809&format=pjpg&auto=webp&s=dd58ade55d6a117cb1b1abfc327de0fc4d4f3223

Conversely, the Ethereum's 'shark and whale addresses' - who hold 100,000 to one million ETH - have dumped 3.2 Eth in the past 5 weeks, or 4.2 billion worth of Ethereum. The movement of these addresses have co-related to the Eth price movements and the Eth/BTC ratio in the past 3 months.

https://preview.redd.it/tplsxuksdhv91.jpg?width=2788&format=pjpg&auto=webp&s=a7d22ec88f0fb27bbf0db5f3100fdd3631ea15ed

With the Billionaire holders - the Blue Whales - moving against the sharks and average whales, who do you think is going to come up top? Certainly it's fascinating to see an battle of such mammoth proportions, where even someone who owns 100,000 Eth would seem like a small fry in relation to these Ethereum whales.

If I was a betting man, I would be surprised if the 'sharks' actually manage to outmanoeuvre the blue whales over time. But hey, who knows?

Source: https://dailyhodl.com/2022/10/22/ethereum-whale-abruptly-moves-over-124000000-in-eth-heres-where-the-cryptos-going/

Submitted October 22, 2022 at 11:19PM by Every_Hunt_160 https://ift.tt/Zz1eygq https://ift.tt/S2UzicG

Investment Strategist Discusses Bitcoin ‘Entering Unstoppable Maturation Stage’ — Says Price Should Continue to Rise

Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price of bitcoin to continue to rise over time.

Bitcoin’s ‘Unstoppable Maturation Stage’

Bloomberg Intelligence’s senior commodity strategist Mike McGlone provided his outlook for bitcoin this week. Citing rising demand, increased adoption, and regulation, he tweeted Wednesday:

Bitcoin may be entering an inexorable phase of its migration into the mainstream, and at a relatively discounted price.

In another tweet, he noted the declining supply of bitcoin, adding: “Bitcoin’s definable diminishing supply is unprecedented on a global scale, and so prices should continue to rise over time unless something unlikely reverses demand and adoption trends, given the laws of supply and demand.”

He also tweeted:

Bitcoin may be entering unstoppable maturation stage.

The strategist elaborated: “The fact that Bitcoin didn’t exist in October 2007, when WTI crude oil rose to its current $84 a barrel for the first time, may indicate the appreciation advantage of the nascent technology.”

“In a world rapidly going digital, the benchmark crypto is gaining value as a unique alternative asset and global collateral that’s no one’s liability or responsibility,” McGlone continued.

“It makes sense for one of the best-performing assets of the past decade to drop with the most aggressive Federal Reserve tightening in about 40 years, but rising demand and adoption, declining supply and a steep relative price discount point to risk/reward leaning favorably,” the Bloomberg Intelligence strategist opined, concluding:

Returning to its propensity to outperform most assets may be a matter of time, as mainstream adoption progresses and adaptive changes in U.S. accounting standards give it a lift.

Do you agree with Mike McGlone? Let us know in the comments section below.

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CoinEx Supports the Dream of Every Common Man by Sponsoring Rugby League World Cup 2021

The Rugby League World Cup 2021 is held in the UK between 15 October and 19 November 2022. It is an honor for CoinEx to be a sponsor of the prestigious RLWC event and to have the opportunity to inspire rugby fans to begin their cryptocurrency trading journeys.

CoinEx & RLWC Exclusive Collaboration

By sponsoring the Rugby League World Cup 2021 (RLWC 2021), CoinEx has become the exclusive cryptocurrency trading platform partner of the RLWC, demonstrating its willingness to engage and establish relationships with industries other than crypto. As the exchange strives to accomplish its vision, it also respects and supports the dedication, work and passion of players from non-crypto communities.

Why CoinEx chose to sponsor RLWC? The brand concept of CoinEx is to break down the financial shackles that hold back the common man and to provide a platform that everyone can use. Additionally, CoinEx’s brand philosophy adheres to the principles of sportsmanship advocated by the RLWC. In sponsoring the RLWC, CoinEx intends to cheer on all dream-seekers since it firmly believes that every individual in the world has unimaginable possibilities.

As part of the upcoming RLWC 2021, CoinEx will join sports fans and crypto enthusiasts worldwide to celebrate and cheer on athletes. Together, the world will witness athletes sparing no effort to accomplish their goals as they display “Beyond Your Limits” sportsmanship. By sponsoring RLWC, CoinEx intends to help more rugby fans learn how to trade cryptocurrencies using its easy-to-use products and fast, accessible services.

CoinEx & RLWC Meet-up

CoinEx took the lead in holding an on-site meet-up in Manchester on 3rd October, inviting fans and crypto users to celebrate the RLWC 2021 @RLWC2021 together!

Read more https://t.co/YojU1Rj3fI#CoinEx #CoinExRLWC #RLWC2021 #RugbyLeagueWorldCup pic.twitter.com/0MH0c6vdnN

— CoinEx Global (@coinexcom) October 7, 2022

Why CoinEx?

Why should a sports fan interested in the RLWC choose CoinEx as their preferred cryptocurrency exchange to begin their crypto trading journey? CoinEx’s vision is to make crypto accessible to the general public conveniently, e.g. a one-stop platform for blockchain assets with user-friendly features and a convenient transaction process. In addition to offering support to global traders, it serves as a gateway into the crypto world for all, including newcomers to the trading world. Additionally, along with the aforementioned benefits, there are a few other points to keep in mind when choosing CoinEx to trade on:

1. Security enhancements: A security breach has never occurred at CoinEx since the company was founded five years ago. Security measures are implemented at several levels to ensure integrity. It is the policy of CoinEx to ensure that all crypto assets are held by users and that their assets are not misused. CoinEx is distinguished from its competitors by its commitment to protecting assets.
2. The CoinEx platform is the market leader in terms of the number of cryptos listed: In addition to supporting more than 600 top cryptos, CoinEx offers users access to more than 1,000 markets making it a market leader in providing premium crypto trading services.
   
3. Global and multilingual support: Offering trading services in over 200 countries and regions in 16 languages, CoinEx provides simple, safe, and reliable crypto trading services to over 3 million customers worldwide.
4. The simplicity of CoinEx’s products and the number of services provided: The ease of use of CoinEx’s products is a significant benefit. On CoinEx (both the Web version and the mobile application), users can trade cryptos quickly and conveniently from wherever they are and whenever they choose. CoinEx also strives to offer simple and easy-to-use products, so users can start trading cryptos immediately with CoinEx products. Furthermore, CoinEx offers various financial services, including CoinEx Dock, AMM, and Financial Accounts.

 

It is CoinEx’s goal to remain farsighted while providing an outstanding user experience as the market continues to evolve. Through constant product updates and improvements to the user experience, the team aims to make crypto trading services more accessible, convenient, and secure for more traders and investors.

In addition, as part of its internationalization strategy, CoinEx intends to provide crypto trading services for more countries and regions on its way to becoming the world’s most user-friendly crypto trading platform. It is also CoinEx’s intention to remain abreast of industry developments and to aggressively expand its business across the ecosystem as the cryptocurrency industry continues to grow.

To learn more about the platform visit www.coinex.com, and follow the team on Twitter.

 

 

 

 

---

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Bitcoin, Binance Coin, Polygon, and Shiba Inu Daily Price Analyses – 22 October Morning Prediction

The performance of Bitcoin also shows a continuation of growth as it added 1.07%. Binance Coin has also stayed bullish, adding 1.22% in the last ...

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Think Before You Sell Your Bitcoin

... world is in the midst of financial calamity unlike most alive have ever seen. Is the middle of the bear market the time to sell your bitcoin?

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Kanye West wants to build his own mini-city called the ‘Yecosystem’ and rumor has it, create his own cryptocurrency.

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Submitted October 22, 2022 at 10:42PM by liveaskings https://ift.tt/EUVwBdC https://ift.tt/S2UzicG

Terra Whistleblower Calls Do Kwon 'Sociopath’ and a 'Charismatic Manipulator'

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Submitted October 21, 2022 at 09:41PM by bingorunner https://ift.tt/p8GNLSA https://ift.tt/Qc3sY42

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Will Bitcoin See A Repeat Of November 2018 - NewsBTC

According to CryptoQuant analysis, the Bitcoin price has been in a bear market for 124 days and could plunge to $14.7k.

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Bitcoin Technology: 5 Bitcoin Network Developments You Should Know About

Learn about five of the most important Bitcoin technology developments geared toward helping Bitcoin achieve its full potential.

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Reddit NFT's made me use the blockchain. And I LOVE it!

First off, I have been lurking this sub for 2 years and have been investing in Crypto for about 4 years. Yet it never was more then the regular buy high, sell low mixed with some good old DCA.

Reddit NFT's changed this for me and I just to say, I am super excited about the Reddit Avatars. I slept on GEN 1 and luckily, I've had more luck with GEN 2. Understand, this where the first NFT's i've ever bought or owned.

I ended up trying to trade on OpenSea and I have to say, it was a bit tricky, and still is for me. But with the help of this community, google and quite some scammers, it is super doable and enjoyable.

Finally, I just want to share that I managed to sell a few nice NFT's giving me a fair profit. I am grateful for this. Financial times are hard, yet Reddit just gave me the opportunity to make my baby girl an amazing 1st birthday.

Have a great weekend!

Submitted October 22, 2022 at 01:24AM by Sad_Entertainer9961 https://ift.tt/ScJGHX4 https://ift.tt/Qc3sY42

Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil

Tether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency market, has announced its stablecoin will be available at more than 24,000 ATMs in Brazil. Smartpay, a cryptocurrency systems provider, integrated its technology stack with Tecban, an ATM provider in Brazil, to make this possible.

Tether and Smartpay to Bring USDT to the Masses in Brazil

Stablecoins have been of pivotal importance to some countries in Latam, due to their unique economic circumstances. Tether, the biggest stablecoin issuer, is now bringing USDT, its dollar-pegged stablecoin, to the masses in Brazil. The company announced that its token will be available at more than 24,000 ATMs on a national level thanks to the integration that Smartpay, a third-party crypto tech company, has developed with Tecban, an ATM provider. These ATMs will serve customers in 1,000 cities in Brazil.

Now, users of Smartpay services will be able to send and receive USDT using these widely available ATMs, and will also be able to trade their USDT for the Brazilian real, allowing users to save and spend using the system. Previously, the company had also integrated Pix, a Brazilian payment system, with USDT, allowing people to pay with USDT wherever PIX payments are available.

USDT as Financial Inclusion Instrument for Brazilians

For Paolo Ardoino, CTO of Tether, this expansion is important for including more Brazilians in the alternative financial system of cryptocurrency. A recent study made by Instituto Locomotiva found that, for January 2022, almost 34 million Brazilians still had no access to a bank account. This would be the consequence of the difficulties and inflation seen in a less-than-inclusive financial system, per Ardoino’s statements.

Ardoino declared:

Adding tether tokens to ATMs across Brazil provides the opportunity to include more people in the financial system. This will bring major changes not only to the payments industry but to the entire Brazilian financial ecosystem.

USDT is the token that moves the most volume in the country, according to the latest numbers from the Brazilian Tax Authority (RFB). In August the institution reported that more than $1.4 billion was moved using USDT across 79,836 operations, with an average amount of almost $18,000 per transaction.

Smartpay aims to have this system active by November 3, with the objective of incentivizing the usage of USDT at a national level, as declared by Rocelo Lopes, CEO of Smartpay.

What do you think about the inclusion of USDT services across 24,000 ATMs in Brazil? Tell us in the comments section below.

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