🇸🇻 President Bukele reveals El Salvador will buy 1 Bitcoin daily
President Nayib Bukele announced that El Salvador would buy 1 Bitcoin (BTC) daily starting November 18. The recent bear market does not appear to have deterred President Bukele’s interest in the flagship digital asset. Under Bukele, El Salvador became the first country to make BTC a legal tender and the first sovereign state to purchase the cryptocurrency. El Salvador’s last Bitcoin purchase was on June 30, 2022. Then, the country bought 80 Bitcoin at an average cost of $19,000. Cumulatively, the government has spent over $100 million to acquire a total of 2,381 BTC –the current bear market conditions have dropped the asset’s value to less than $40 million. President Bukele described BTC as the opposite of FTX and likened the struggling exchange to a Ponzi scheme.
President Nayib Bukele announced that El Salvador would buy 1 Bitcoin (BTC) daily starting November 18. The recent bear market does not appear to have deterred President Bukele’s interest in the flagship digital asset. Under Bukele, El Salvador became the first country to make BTC a legal tender and the first sovereign state to purchase the cryptocurrency. El Salvador’s last Bitcoin purchase was on June 30, 2022. Then, the country bought 80 Bitcoin at an average cost of $19,000. Cumulatively, the government has spent over $100 million to acquire a total of 2,381 BTC –the current bear market conditions have dropped the asset’s value to less than $40 million. President Bukele described BTC as the opposite of FTX and likened the struggling exchange to a Ponzi scheme.
💰 Cardano to Get First USD-Backed Stablecoin by 2023, With New Privacy Blockchain and Token
Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability.
Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability.
BREAKING: 🇧🇷 - One of the biggest banks in Latin-America to offer #Bitcoin custody services in 2023.
Itau Unibanco has 55m customers globally! 🚀
Itau Unibanco has 55m customers globally! 🚀
Financial literacy 101 👇
You need to spend less each month than you earned in the previous month.
Income - Expenses = Delta
Delta>0 - investment resource
Delta<0 - first make it > then start investing
Goal is to save 10-20% of monthly income.
🔹Lifehack: get your paycheck, save up the delta and forget about it.
Then, calculate your daily budget: take your last month's income (minus the delta) and divide it by 30 days. Here you have your daily budget.
If you can't control yourself, you can set a limit in your bank account. If unforeseen expenses come up, than don't take from the next days, use the financial cushion you already have.
Just like that!
❗️If you don't learn to do this with your income now, than when your income grows your losses will grow with it.
🔹Remember the 50/30/20 rule:
50% - for your needs
30% - for your wants
20% - for your financial goals: savings and paying debts
By spending less on things that aren't that important, you will have more for what's really important.
In this blog I will try to simplify as much as I can from my education in investing.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
You need to spend less each month than you earned in the previous month.
Income - Expenses = Delta
Delta>0 - investment resource
Delta<0 - first make it > then start investing
Goal is to save 10-20% of monthly income.
🔹Lifehack: get your paycheck, save up the delta and forget about it.
Then, calculate your daily budget: take your last month's income (minus the delta) and divide it by 30 days. Here you have your daily budget.
If you can't control yourself, you can set a limit in your bank account. If unforeseen expenses come up, than don't take from the next days, use the financial cushion you already have.
Just like that!
❗️If you don't learn to do this with your income now, than when your income grows your losses will grow with it.
🔹Remember the 50/30/20 rule:
50% - for your needs
30% - for your wants
20% - for your financial goals: savings and paying debts
By spending less on things that aren't that important, you will have more for what's really important.
In this blog I will try to simplify as much as I can from my education in investing.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
📱 #1 Source For Education on Crypto, Bitcoin, Trading & general News
📩 Join with us 👇
Link: https://t.me/Block_Inside
📩 Join with us 👇
Link: https://t.me/Block_Inside
PayPal working with crypto wallet MetaMask to offer easy way to buy crypto
PayPal is integrating its cryptocurrency buying, selling and storing services with MetaMask Wallet as the companies seek to enhance users' ability to transfer digital assets from their platforms.
The partnership between the payment company and MetaMask developer ConsenSys will allow users to choose their PayPal accounts as payment for buying ether (ETH) in the MetaMask app.
The offer is designed to facilitate a seamless purchase and transfer of ether from PayPal to MetaMask.
This launch follows PayPal's making cryptocurrency transfers between its own platform and several popular cryptocurrency exchanges possible in June. In October 2020, the fintech company debuted a service to buy, sell and store crypto, Binance.
PayPal is integrating its cryptocurrency buying, selling and storing services with MetaMask Wallet as the companies seek to enhance users' ability to transfer digital assets from their platforms.
The partnership between the payment company and MetaMask developer ConsenSys will allow users to choose their PayPal accounts as payment for buying ether (ETH) in the MetaMask app.
The offer is designed to facilitate a seamless purchase and transfer of ether from PayPal to MetaMask.
This launch follows PayPal's making cryptocurrency transfers between its own platform and several popular cryptocurrency exchanges possible in June. In October 2020, the fintech company debuted a service to buy, sell and store crypto, Binance.
Next 5-10 years are probably your last opportunity to make x100-x1000 in the Crypto market.
What can I (and you) do here:
✔️use 10-20% of monthly income to buy crypto: BTC, ETH or DCA into stablecoins and find yourself a safe platform which will grow that supply
✔️invest into infrastructural blockchain project with actively developing ecosystems
In my blog I will try to simplify as much as I can from my education in investing and 7+ years of experience in crypto.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
What can I (and you) do here:
✔️use 10-20% of monthly income to buy crypto: BTC, ETH or DCA into stablecoins and find yourself a safe platform which will grow that supply
✔️invest into infrastructural blockchain project with actively developing ecosystems
In my blog I will try to simplify as much as I can from my education in investing and 7+ years of experience in crypto.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
📣 BlockFi confirms move to allow BlockFi wallet users access to funds
BlockFi released a statement on Dec. 20 confirming a motion filed in relation to BlockFi wallet users accessing funds. The company is most well known for its yield-bearing service, BlockFi Interest Accounts. BlockFi ecosystem was a custodial crypto wallet. The wallet was not subject to lending services and thus BlockFi argued that ” it is our belief that clients unambiguously own these assets.” The statement comes hours after news broke through a leaked email that customers may soon be able to access funds.Further information can be found on the BlockFi blog.
BlockFi released a statement on Dec. 20 confirming a motion filed in relation to BlockFi wallet users accessing funds. The company is most well known for its yield-bearing service, BlockFi Interest Accounts. BlockFi ecosystem was a custodial crypto wallet. The wallet was not subject to lending services and thus BlockFi argued that ” it is our belief that clients unambiguously own these assets.” The statement comes hours after news broke through a leaked email that customers may soon be able to access funds.Further information can be found on the BlockFi blog.
🇭🇰 Gate Group in talks with Hong Kong authorities over crypto policy, regulation
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB),the Securities and Futures Commission (SFC).
The purpose of the meeting was to address industry leaders’ questions and concerns regarding policy and regulation. The watchdogs are also looking to encourage virtual asset exchanges to consider license requirements. Gate Group said that they support the SFC’s recent efforts to regulate virtual asset trading platforms and license virtual asset funds.
Source
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB),the Securities and Futures Commission (SFC).
The purpose of the meeting was to address industry leaders’ questions and concerns regarding policy and regulation. The watchdogs are also looking to encourage virtual asset exchanges to consider license requirements. Gate Group said that they support the SFC’s recent efforts to regulate virtual asset trading platforms and license virtual asset funds.
Source
Forwarded from GELD VERDIENEN
DRÜCKEN SIE DIE EINGABETASTE, UM NOCH HEUTE ZUGANG ZU ERHALTEN
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💰 Cardano Founder Welcomes As ADA Not Being Listed On Gemini
Gemini is one of the larger exchanges that does not currently support Cardano trading on its platform. The exchange, which now accepts more than 110 currencies, the bulk of which have a smaller market cap than Cardano, has been slow to add ADA. Hoskinson informed that the digital asset was not listed on the Gemini cryptocurrency market. Recalling the difficulty that Gemini ran with its Earn program when Genesis Digital Trading halted withdrawals and was rumored to be on the verge of bankruptcy. In turn, Gemini had to halt its Earn program, and Genesis is said to owe the exchange $900 million in user assets. Hoskinson compares this to FTX, which did not include ADA for trade as well.
Gemini is one of the larger exchanges that does not currently support Cardano trading on its platform. The exchange, which now accepts more than 110 currencies, the bulk of which have a smaller market cap than Cardano, has been slow to add ADA. Hoskinson informed that the digital asset was not listed on the Gemini cryptocurrency market. Recalling the difficulty that Gemini ran with its Earn program when Genesis Digital Trading halted withdrawals and was rumored to be on the verge of bankruptcy. In turn, Gemini had to halt its Earn program, and Genesis is said to owe the exchange $900 million in user assets. Hoskinson compares this to FTX, which did not include ADA for trade as well.
⚡️ Wormhole Attackers Just Moved 2.9M USDC To A New Wallet Address On Ethereum
According to the latest discovery by crypto security site Mistrack, Wormhole attackers have just transferred 2.9 million USDC to a new wallet address on Ethereum. The initial gas fee was from a marked wallet address before. Using the SignatureSet (signature_set) generated in a previous transaction, an attacker can bypass Wormhole’s protection solution (called Wormhole Guardians) for the first time. These Wormhole Guardians observe and validate events and data on connected chains. In other words, Guardians manage transactions between each blockchain. Before transferring tokens to another chain, Guardians check that the tokens are generated correctly.
According to the latest discovery by crypto security site Mistrack, Wormhole attackers have just transferred 2.9 million USDC to a new wallet address on Ethereum. The initial gas fee was from a marked wallet address before. Using the SignatureSet (signature_set) generated in a previous transaction, an attacker can bypass Wormhole’s protection solution (called Wormhole Guardians) for the first time. These Wormhole Guardians observe and validate events and data on connected chains. In other words, Guardians manage transactions between each blockchain. Before transferring tokens to another chain, Guardians check that the tokens are generated correctly.
⚒ Miners sold 3,835 bitcoins on time
Ali Martinez draws attention to the activation of BTC miners last week. They have successfully sold 3,835 bitcoins for about $88.2 million.
The analyst notes: mining pools entered the market on time and sold BTC profitably - even before the cryptocurrency entered a bearish phase.
On February 23, 1.838 million BTC were under the control of wallets affiliated with mining pools, and by the end of last week their reserves had decreased to 1.835 million bitcoins.
Against this background, Martinez records an increase in network activity, which in the long term can be considered as a bullish factor.
Judging by the data of the Glassnode platform, the number of new BTC addresses is growing on the blockchain. This trend indicates the adoption of cryptocurrency by investors. Accordingly, the demand for the asset will increase, which will have a positive impact on its value.
Ali Martinez draws attention to the activation of BTC miners last week. They have successfully sold 3,835 bitcoins for about $88.2 million.
The analyst notes: mining pools entered the market on time and sold BTC profitably - even before the cryptocurrency entered a bearish phase.
On February 23, 1.838 million BTC were under the control of wallets affiliated with mining pools, and by the end of last week their reserves had decreased to 1.835 million bitcoins.
Against this background, Martinez records an increase in network activity, which in the long term can be considered as a bullish factor.
Judging by the data of the Glassnode platform, the number of new BTC addresses is growing on the blockchain. This trend indicates the adoption of cryptocurrency by investors. Accordingly, the demand for the asset will increase, which will have a positive impact on its value.
🆘🆘 The liquidity situation in crypto is worsening after the banking fears this month 📉
#BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails.
#BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails.