CryptoSentinel :: crypto news and analysis
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All things crypto and IEO + focus on scams!

Spinoff from famous Russian crypto media group CryptoChasovoy @ICOkaraulny

Run by @Icomuzhik

Crypto Wallet World: @walletw

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Forwarded from CryptoRank Analytics
​​The Latest Breaking News 📣

#1 Dapper labs unveils Flow-native stablecoin, FUSD — link

#2 Square completes $100m investment in underserved communities — link

#3 Texas to allow state banks to hold bitcoin — link

#4 Crypto wallet manufacturer Ledger hits unicorn status after $380M raise — link

#5 Invesco proposes crypto economy ETF — link

👉 https://cryptorank.io/news
Forwarded from Speak Ventures
🌋 Bitcoin powered by volcanoes 🌋
🤔 Domino effect possible in Latin America 🤔
🇮🇳India classifying BTC as an asset? 🇮🇳


Bitcoin mining with volcano energy in El Salvador 😳

Well, that developed quickly. In one weekend, El Salvador’s government:
—> Proposed a bill to recognize BTC as legal tender
—> Submitted the bill to the legislative assembly
—> Became 1st country in the world to adopt BTC as money
—> Proposed Bitcoin mining using 100% renewable volcano energy
—> Drafted plans for a Bitcoin mining hub around volcanoes
—> Adopted a Lightning Network-based BTC wallet called Strike


Sounds like a busy weekend, right? It doesn’t look like Nayib Bukele, El Salvador’s president, is looking to stop there. In reply to a Forbes magazine line that wondered whether money might soon grow on volcanoes, Bukele tweeted back, “it will.🌋

After the quick unfolding of events, commentators across Crypto Twitter were left stunned. After all, what do you say when watching an entire country adopt Bitcoin in real-time?

If you’re thinking what we’re thinking, you’ve probably spent quite a bit of time these days checking out oceanside real estate in the tiny Central American nation. 👍


🤔Adopting Bitcoin as legal tender — who’s next? 🤔

El Salvador’s recognition of BTC might have been the first domino to fall in a region packed with candidates likely to follow suit.
Argentina, Paraguay, Venezuela, Nicaragua, and other Latin American countries have suffered through several periods of currency hyper-inflation and debasement.

Imagine watching the wealth you’ve accumulated tirelessly simply disappear due to bad monetary policy. Millions of Latin Americans have experienced exactly this, making it no wonder why the region continues to use stablecoins en masse. 📈

El Salvador’s move is a watershed moment for the LATAM region as a whole. Now, there is a blueprint for decisively moving away from inflationary central bank currencies and toward a global store of wealth built upon the actual value of mining.

Several legal reps from Brazil, Mexico, and other major LATAM countries have come through with the laser eyes, signaling their desire to make Bitcoin move in their respective countries.

Who is the next domino to fall? It’s not a matter of if, but when.


🇮🇳India flip-flops on BTC, now ready to call it an asset 🇮🇳

After looking likely to ban BTC for months, the Indian government is now keen on declaring it an asset. The action in El Salvador may have prompted the about-face. But in our view, there’s a more likely scenario.

The crypto community, led by Polygon’s Sandeep Nailwal, donated billions of dollars to Indian COVID relief efforts in recent weeks. Part of that donation was the $1B+ worth of SHIB tokens sent by Ethereum founder Vitalik Buterin.

Did the massive outpouring of support from the digital currency community resonate with India’s lawmakers? The timing of the switch-up makes it seem possible — even plausible.

Whatever the reason, if India does make good on declaring BTC an asset, expect fireworks. With a population well over 1 billion, India’s gov has the power to turn the tide on BTC sentiment.
Forwarded from unfolded.
new ฿ daily high: $40,443
Forwarded from defiprime
Sovryn: Bitcoin-Based Trading and Lending Platform 🔥

Ororo shared Sovryn backstory, and told us how they are building a bitcoin-based #DeFi platform for seamless lending and borrowing.

https://defiprime.com/sovryn
Forwarded from CryptoVigilante
Are you bullish or bearish on Bitcoin?
Anonymous Poll
56%
Bullish
22%
Bearish
23%
Not sure
Forwarded from Blockchair News
🌀 Biden says any response to Russia-based ransomware will be cyber, not military 🌀

https://blockchair.com/news/biden-says-any-response-to-russiabased-ransomware-will-be-cyber-not-military--321ea462ee

BTC: $39535 ▪️ ETH: $2453 ▪️ XRP: $0.85 ▪️ BCH: $604
Forwarded from CryptoRank Analytics
​​The Latest Breaking News 📣

#1 World Bank rejects El Salvador request for help on Bitcoin implementation — link

#2 Chinese banks roll out 3,000 ATMs that can convert digital yuan to cash — link

#3 McLaren to build NFT Platform on Tezos — link

#4 CNN makes moments from history available for purchase with NFTs — link

#5 VanEck subsidiary invests in UK analytics startup CryptoCompare — link

👉 https://cryptorank.io/news
Forwarded from Blockchair News
🌀 Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin 🌀

https://blockchair.com/news/russian-oligarch-deripaska-blasts-bank-of-russia-for-ignoring-bitcoin--dbd0c7f5f1

BTC: $38099 ▪️ ETH: $2344 ▪️ XRP: $0.84 ▪️ BCH: $595
Крипто дебаты 😂👍😁
Forwarded from CryptoVigilante
Moral of the story: Never Trust Goldman Sachs.
Forwarded from Blockchair News
🌀 Can Elon Musk Go To Prison For Manipulating Prices And Shilling Shitcoins? 🌀

https://blockchair.com/news/can-elon-musk-go-to-prison-for-manipulating-prices-and-shilling-shitcoins--9f414769cf

BTC: $32050 ▪️ ETH: $1927 ▪️ XRP: $0.63 ▪️ BCH: $469
Forwarded from unfolded.
Some banks are starting to offer crypto services — link | archive
Forwarded from CryptoRank Analytics
The Supply of Tokenized BTC Grew by 75% in 2021

245,000 Bitcoin has now been wrapped onto Ethereum. This represents 1.3% of its current circulating supply.

The amount of tokenized bitcoin has increased by 105,000 BTC since the start of the year: 139,970 —> 245,690 and has been growing at a rapid clip.

👉https://cryptorank.io/price/wrapped-bitcoin