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Ethereum's high gas fee crisis won't be solved by EIP-1559: Coin Metrics report

A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem.

According to the Ethereum Gas Report by Coin Metrics, median fees on Ethereum have been consistently over $10 for most of 2021. Comparatively, the average Ethereum transaction fee reached just $5.70 at the height of the 2017/2018 bull run.

👉 https://cointelegraph.com/news/ethereum-s-high-gas-fee-crisis-won-t-be-solved-by-eip-1559-coin-metrics-report

- Website: https://ritva.com/
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With our Ritva bot, crypto traders can program trades based on data and trends—not on emotional impulse. Ultimately, this usually grows their profits, minimizes their risks, and limits their losses across exchanges. Furthermore, bots can produce passive income 24 hours a day. Whether you’re sleeping, biking, giving a presentation, whatever: you could also be earning from automated trades.

Since our Ritva bot’s performance was so convincing and brilliant, investors around the globe have drummed up an advance service. And their voice has been heard. A new toolset named Almighty has been released with the following details:

+ Subscription fee of € 100,000
+ Valid for 360 days
+ Maximum capital worth upto $1,000,000
+ Expected profit rate of 100% of the principal.

With this toolset, we believe there will be more profit generated for our investors. A big thank you to participants who have faith in us and utilize Ritva’s Bot! Please do continue to accompany us!

- Website: https://ritva.com/
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Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi

The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.

Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains.

https://cointelegraph.com/news/cosmos-launches-inter-blockchain-communication-to-enable-cross-chain-defi

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Bitcoin is outshining gold in the battle of the safe havens

As the Bitcoin (BTC) price edges closer to $59,000, its value relative to gold is approaching new all-time highs, possibly hinting at the emergence of a new preferred store of value.

https://cointelegraph.com/news/bitcoin-is-outshining-gold-in-the-battle-of-the-safe-havens

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Exiting-Pool Reward Restructured

We initiated RITVA with a specific affiliating policy which was designed to reward those who lend us a hand in promoting the RITVA brand. At that initial stage, EURT was not yet available on the market, and RITVA’s audience was not as broad. As we make significant progress in many fronts, it follows that the affiliating policy necessitates some revision in order to maintain its lucrativeness. To this end, we introduce the following change:

For those accounts activated from May 1st onward, the exiting-pool reward will not be included as part of their incentives.

This change is made in order to ensure the viability and sustainability of our business model as well as play a role as a thank you gift to our early and loyal investor.

Thank you!

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Coinbase would have earned $2B just buying Bitcoin with its seed money

The United States’ biggest crypto exchange would have made more money by simply buying and holding Bitcoin (BTC) in 2013.

Data circulating on social media reveals that despite Coinbase’s $800-million profits in Q1, the company would still be richer had it used its seed funding cash to buy BTC.

https://cointelegraph.com/news/coinbase-would-have-earned-2b-just-buying-bitcoin-with-its-seed-money

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Dear Ritvaian,

We are very excited to highlight a series of recent take-profit order by our AI Bot. Dodo, EOS and XRP are among the latest winning picks. Each of them yeilds 50-60% profit in a span of 2-3 weeks. Considering the minimum profit guarantee of 50-100% over the duration of 360 days, our Bots are living not only upto but also beyond the investors expectation.

We congratulate all who have booked their tremendous profit with Ritva. The bullrun is here, the alt-season is here, and your profit is within reach.

- Website: https://ritva.com/
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The rise of Binance Smart Chain and its ecosystem

BNB started out as a small utility token used for payment of transaction fee on the Binance Exchange. 3 years later, it becomes the third largest cryptocurrency in the world, and is a key fuel in Binance Smart Chain (BSC). The tremendous growth of BNB serves as a firm evidence on the significance of the BSC and its ecosystem.

For a very long time, Ethereum was the only realm wherein DApps and other Decentralised Services inhabit. It is no longer the case with the birth and growth of BSC. The growth of BSC is so tremendous that Twitter is now flooded with talks of BSC flipping Ethereum.

Given such great potential, it follows that Decentralised Services developed on the BSC captures significant attention. Among them are Linear Protocol (LINA), Reef Finance (REEF) and Ellipsis (EPS).

Linear Protocol is a cross-chain compatible, decentralized synthetic asset protocol, which allows users to cost-effectively and quickly create, trade, and manage synthetic assets both on BSC and Ethereum.

Reef Finance is a multi-chain smart yield engine and liquidity aggregator powered by Polkadot. The Reef Finance ecosystem has launched its Reef Chain that integrates with DeFi from Ethereum, Polkadot, Avalanche, Cosmos and Binance Smart Chain.

Ellipsis is a decentralized exchange that allows for swapping of stablecoins with low slippage and minimal fees on Binance Smart Chain. It is an *authorised* fork of Curve.

Our AI Bots have noticed positive on-chain data of LINA, REEF and EPS. The altseason is here, and let us all witness the great rally of these tokens.
Turkey to ban cryptocurrency payments

A new ban in Turkey will prohibit crypto holders from using their digital assets for payments, in addition to preventing payment providers from adding funds to their digital wallets at crypto exchanges.

https://cointelegraph.com/news/turkey-to-ban-cryptocurrency-payments

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EURT to be listed on IDCM

Dear Ritva community,

It is almost a year since Ritva made its debut. We have made significant progress, and accomplished many milestones over the last one year. Among the many achievements, two most important ones are the completion and release of RVChain prototype, and AI Bots. We are proud with these achievements, and we are working our best to further enhance not only these two strategic products, but also other bits in our ecosystem.

RVChain brings confidentiality and scalability to the blockchain, and by its extension, a host of DeFi services. With the traditional finance sector eyeing the transition towards DeFi, the need for confidentiality and scalbility are now more essential and important than ever. RVChain offers exactly these, with EURT as its native token, similar to how BNB to Binance Smart Chain and ETH to Ethereum.

RVChain and EURT are gaining significant recognition worldwide. An upcoming listing of EURT on IDCM alliance exchanges is a strong testimony for such a recognition. For your information, IDCM is an alliance of exchanges with established alliance branches in Singapore, South Korea, UAE, Estonia, Japan, and Taiwan.
IDCM attracts a daily trading volume in a tune of 6-8 billions USD, which puts it in the top 30 crypto exchanges by volume. More information about IDCM can be found at https://www.idcm.io/

EURT will be listed on IDCM under the EURT/USDT trading pair. The listing is tentatively scheduled for 26th April. We will release further updates as closer to the official listing.
Peter’s personal message to the Ritva Community!