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​​One more great deal in August. Low risk. Huge profit. Everything as we love.

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Closed deal IOTX/USDT
Open: $0.021736, 04.08.2021
Close: $0.070366, 24.08.2021
Profit: +223.73%
Duration: 21 days

Briefly about the instrument:

IoTeX is the decentralized backbone for machine economics which serves machines ranging from smart home devices to autonomous vehicles. To this end, IoTeX has built and launched a fast, high-performance, and EVM-compatible blockchain that provides flexibility and scalability for various applications. Also, middlewares and Dapps are built on top of the blockchain to bring self-sovereign devices and real-world oracles into reality.

IoTeX has several mechanisms that ensure the privacy of users and transactions. Some of these are ring signatures and the reliable payment code that hides the transaction receiver’s address. Delegated proof-of-stake works by having stakeholders vote for the block producers on the network. The number of block producers is set and once they are elected, they are responsible for adding new blocks to the blockchain. For doing it, they receive rewards that they can distribute to the stakeholders who voted for them, incentivizing block producers to continue working and stakeholders to continue voting for block producers.

This is a very promising project with a strong and experienced development team. Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
Former BTC Innovator from Afghanistan Muhammad Ali Is Fleeing for His Life

The debacle in Afghanistan continues, and the incompetence of Joe Biden and his cronies in the U.S. is becoming more evident than ever. Figures like Muhammad Ali sought to bring a whole new level of crypto-based innovation to the country before the Taliban took over. Now, Ali finds himself not a crypto-based business developer, but a fugitive on the run.

Muhammad Ali Cannot Engage in BTC Activity in AfghanistanIn a recent interview, Ali claimed that he was fleeing Afghanistan and making his way to Turkey through Iran and other regions of the Middle East. Ali was forced to work his way around border guards and security searches along the way, making his journey even more difficult than it probably already was.

Turkey has seen its fair share of refugees over the years given that it is already home to about four million displaced Syrians. In addition, it is a hub for several Middle Easterners and other migrants looking to make their way into Europe. As a result, it is vamping up its border security as a means of keeping its people protected and preventing population swells.
Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp

On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order to launch Wsbdapp’s exchange-traded portfolios (ETPs) on Balancer V2.

Balancer Protocol and Wallstreetbets’ Defi Project Partner to Launch Exchange-Traded PortfoliosLast week, Bitcoin.com News reported on the newly launched Wsbdapp decentralized finance (defi) platform hosted on the website wsbdapp.com. The application’s creators claim to be the leaders behind the Wallstreetbets community alongside backing from Jaime Rogozinski, according to a video the team shared on Twitter. On Wednesday, the team behind the Balancer Protocol revealed the project will be collaborating with the Wsbdapp creators.

Balancer Protocol is a liquidity provider and decentralized exchange (dex) platform that leverages the Ethereum blockchain. According to Wednesday’s data, Balancer Protocol is the seventh-largest dex application using Ethereum with $471 million in trade volume during the last week. Metrics from Dune Analytics indicate that Balancer’s volume is just above 1inch Network and Synthetix. Balancer’s and Wsbdapp’s announcement shows the two projects plan to launch Wsbdapp’s “exchange-traded portfolios (ETPs) on Balancer V2.”
Bitcoin Has Fallen, and Whales Are Zoning In

The price of bitcoin has taken a bit of a dip over the past few days. The world’s number one digital asset – which was trading for over $45,000 per unit late last week – is now trading in the high $43,000 range, meaning that the currency has lost a couple thousand dollars in a short period, and it looks like whales are trying to take advantage of the situation.

Whales Are Buying Up All They CanWhales are individuals that are classified as “big bitcoin owners,” for lack of better terms. It is estimated that these individuals own the most bitcoin in circulation, and that their accounts are stacked to the gills with cryptocurrency units.

Whenever BTC drops in price, whales tend to zero in and buy more of it, ensuring they can add extra bitcoin units to their portfolios at a bargain, and this time was no exception. However, there were quite a few bitcoins purchased during this momentum, with roughly 50,000 BTC units being added to several accounts that already boast anywhere between 10,000 and 100,000 units. This money was added to the said accounts over a period of just four days according to Santiment, an on-chain analytics platform.
Twitter’s Bitcoin Tipping Feature: Big Win For Crypto?

Jack Dorsey is certainly one of Bitcoin’s most ardent proponents and the decision of his social network to introduce the Bitcoin tipping feature doesn’t come as a surprise as it has been under development. The move is seen by crypto enthusiasts as a massive victory but it all hangs on the balance of probabilities.

The Tipping FeatureOn Thursday, a ripple of excitement swept through the cryptoverse after it was announced that Twitter will allow users to tip using bitcoin on the network. The feature will first be available to iOS users with Android devices being supported within a few weeks. This has been under development since May as the social network experimented on its practicality with some accounts.

The announcement of the tipping feature introduces Bitcoin to Twitter’s over 330 million active monthly visitors making it one of the single largest adoption of the cryptocurrency. The tipping feature is not new to Twitter as users of the platform could give out tips using fiat through platforms like CashApp and Venmo.
Shark Tank Star, Kevin O’Leary Holds More Bitcoin Than Gold

Kevin O’Leary has revealed that he holds more cryptocurrency in his portfolio than gold. He adds that cryptocurrencies have given him a wide range of opportunities to invest given the myriad of blockchains that exist today.

His Crypto Exposure Surpasses Gold’sIn a recent interview with Daniella Cambone on Stansberry Research, Kevin O’Leary revealed the nature of his investments. The business mogul said that gold made up 5% of his portfolio while his cryptocurrency holdings sat at 7%.

“I have 5% in gold. So crypto for the first time is more than gold for me,” he said. He also added that despite the growing influence of cryptocurrencies, he has no plans to sell his gold. The Shark Tank star expressed admiration for cryptocurrencies as a viable investment opportunity that offers multiple avenues for investors to earn.
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​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.

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Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
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What Is FTM?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.

Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

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FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware

FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions was $66.4 million during the first two quarters of 2021. FinCEN also determined that the most used cryptocurrency associated with these activities was bitcoin.

FinCEN Dives Into Ransomware AttacksFinCEN, the U.S. Financial Crimes Enforcement Network, found that more than $5 billion in bitcoin transactions were linked to payments made to the top-ten most popular ransomware variants. These findings were published by the institution in a report titled “Ransomware Trends in Bank Secrecy Act Data Between January 2021 and June 2021,” which summarizes the ransomware activity during the first two quarters of the year.

The report, which examines ransomware trends and their critical effect on infrastructure, states that 635 reports and 458 transactions were reported as of June. This number goes over the whole amount of incidents that were reported during 2021. Some of the most known incidents include the Colonial Pipeline attack, which caused shortages of gas all across the country.

Bitcoin the Preferred CryptoThe report also found that bitcoin was the most used cryptocurrency for ransomware-related transactions. In the examined period, FinCEN reported that the vast majority of payments associated with these incidents were requested to be made in bitcoin. However, there was a marginal increase in payments made with monero, a privacy-focused cryptocurrency.

Another interesting finding of the report is that most of the funds collected through these activities were directed to known entities such as exchanges and that techniques such as “Chain Hopping”, which involves changing one cryptocurrency into another, were being used to avoid detection by the authorities. The use of mixers is also an increasingly common occurrence, seeking to further obfuscate the paths of the mixed cryptocurrencies.

Defi applications could also serve to convert some of these currencies to others in order to exchange them freely on other, more liquid exchanges. FinCEN identified ransomware-related funds that were sent indirectly to addresses associated with open protocols for use on defi applications.

The institution advised organizations to be quick to file a suspicious activity report when a ransomware attack happens and to integrate intrusion detection systems in their cyber defense mechanisms.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%

Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Shiba Inu’s Unprecedented Rally Not Profound Enough To Secure Robinhood Listing

Key takeaways

Bloomberg thinks SHIBArmy’s petition for Robinhood to list the meme coin is behind SHIB’s recent surge.Robinhood is however yet to confirm it would soon list SHIB.The dog-themed token has however continued to surge, closing the gap between it and DOGE significantly. The surge in Shiba Inu (SHIB) is not unrelated to the current clamoring by fans of the dog-themed cryptocurrency for it to be listed on retail investors’ favorite platform Robinhood according to Bloomberg.

According to the Bloomberg scoop, the #SHIBArmy Change.org petition for Robinhood to list SHIB on the platform which currently has around 393,000 signatures is one of the factors fueling the surge of the meme coin in the past few days. 
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EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

Ethereum continues to face consecutive weeks of deflationary issuance since the London hard fork which saw the EIP-1559 improvement proposal launch on the Ethereum network in early August.

So far, circa 961,920 ETH (Approximately $4.1 Billion) has been permanently destroyed in under 4 months, compared to 243,690 ETH, which is the current miner balance. Around 80,968 ETH is burnt daily accounting for 66.48% in a net reduction of circulating coins according to WatchTheBurn.
So, Which Members of Congress Own Crypto, Exactly?

Senators Pat Toomey and Cynthia Lummis should sound familiar to most crypto fans out there. They are both Republicans from the states of Pennsylvania and Wyoming respectively, and they are both doing all they can to raise awareness regarding crypto in America. They both sit on the Senate Banking Committee and are some of the only members of Congress who own crypto.

Some Members of Congress Are Very Excited About CryptoAt the time of writing, it is estimated that Lummis owns the most, with roughly $250,000 in BTC holdings. While Toomey has not invested in crypto directly the way Lummis has, he has purchased several stock options in crypto platforms and assorted products.

At press time, there are no laws in place that prevent senators or other members of Congress from owning digital currencies. In fact, Toomey and Lummis have both stated that they feel owning crypto has given them something of an edge. Digital currency has given them insight into a new wave of financial products and services that their colleagues know nothing about.
Ubitquity launches new crypto payment solution for real estate transactions

Ubitquity, a blockchain-secured platform for real estate and title recordkeeping, announced it has officially launched its UbitquityPay solution for residential and commercial real estate deals using crypto.

“UbitquityPay is the global solution for crypto payments + real estate transactions. The launch of UbitquityPay.com will act as an initial online portal for those buyers, title companies, underwriters, and banks,” said Nathan Wosnack, Founder & CEO of Ubitquity LLC.
Is Bitcoin a Failed Safe-Haven Asset? InvestAnswers Looks at Performance of BTC Against Gold

A closely followed crypto analyst is comparing the performance of Bitcoin (BTC) and gold in response to views that the precious metal fares better than the flagship cryptocurrency as a safe haven asset.

In a new video, the host of a prominent crypto channel InvestAnswers addresses reports claiming that current geopolitical tensions show that Bitcoin is failing as a safe haven asset.

To dispel the bearish narrative for BTC, the analyst compares the top crypto’s performance against gold just as Russian military forces invaded Ukraine.
Meson Network And RSS3 Partner Up To Support Open Information Syndication Protocol In Web3

Meson Network, a bandwidth trading platform built on blockchain and RSS3, an open information syndication protocol entered into a strategic partnership to ensure RSS3 users enjoy accelerated static files in a fully decentralized network frame.

As per the announcement, the partnership will integrate Meson Network’s decentralized CDN to accelerate files and content faster, giving users a premium experience. Notably, Meson Network has been using RSS3’s Revery solution to distribute social content such as Twitter messages to various platforms for a long time now. The Revery solution has massively expanded Meson Network’s global distribution channels.
Tether (USDT) Issued on Avalanche (AVAX) Hits $351 Million

Summary:

The amount of Tether (USDT) issued on Avalanche has hit $351 millionAccording to Tether’s CTO, USDT on Avalanche ‘has been growing quite aggressively’He also adds that Tether is once again exhibiting growth and is ‘the people’s choice’Tether (USDT) now has a total market cap of $81.322 BillionThe amount of Tether (USDT) issued on the Avalanche network has reached a new milestone of $351 million.

This achievement was highlighted by the Chief Technolgy Officer at both Bitfinex and Tether, Paolo Ardoino, who pointed out that the USDT on Avalanche had ‘been growing quite aggressively in the last few days’.
Riot Blockchain Announces Plans for a 1 GigaWatt Bitcoin Mining Farm in Texas

Quick take:

Riot Blockchain has announced that it plans to develop a 1 GigaWatt Bitcoin mining facility in Navarro County, TexasThe facility is part of its Bitcoin mining and hosting expansion plans, aptly named ‘The Expansion’The Expansion will start with an initial 400 MegaWatt facility on a 265-acre site and is expected to commence in July 2023The additional 600 MegaWatt will be added in the future via the 345 kV Navarro switchThe publicly traded Bitcoin mining and hosting services provider of Riot Blockchain has announced plans to develop a 1 GigaWatt (GW) BTC mining facility in Navarro County, Texas. The 1 GW project aptly named ‘The Expansion’ will provide Riot ‘with an industry-leading 1.7 GigaWatt of total development capacity.’
Coinweb is one of the most promising projects

Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.