🎙 The crypto market is highly volatile, 2023 has been no exception, especially with the recent failures of several American banks.

However, despite the risks involved, the potential for good returns attracts more and more investors to the world of crypto.

In this video let us review the most popular ways to earn cryptocurrencies and consider what advantages and drawbacks there are.

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NFTs and Social Media 🖼🌐

With Web3 and NFTs, social media is now transforming into an even bigger market! It enables creators to monetize their creations and allow their fans to buy and own its digital tokens, while social media companies can increase engagement, expand their customer base, generate new revenue streams, capture user data and use it to better serve their customers.

Here are 5️⃣ social media platforms that are integrating NFTs in their framework!

G7️⃣ and 'travel rule'.

The G7 committee met in Japan to discuss CBDCs and crypto regulation, with the goal of implementing the "Travel Rule" for crypto assets. They discussed the global financial implications for CBDCs and the laws governing the transfer of cryptocurrency assets.

The countries are excited about the upcoming publication of the first set of deliverables by the 2023 World Bank Group and IMF Annual Meetings in Morocco. They highlighted the controversial "Travel Rule," which requires any financial institution processing cryptocurrency transactions greater than $3,000 to disclose the sender's name, address, and account information.

The committee supports initiatives by the FATF on accelerating global implementation of the FATF Standards on virtual assets, including the "travel rule," and its work on emerging risks such as DeFi arrangements and peer-to-peer transactions.

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Bitcoin is a safe asset in case of US debt default

Bitcoin (BTC) is seen as a safe-haven asset in the event of a US debt default, with investors willing to buy it compared to other assets.

The survey was conducted amid suspicion of a debt default in the US, and President Joe Biden is meeting with Congress to discuss the situation.Also, investors are busy seeking protection and hiding places for their assets in the long run.

Of all ‘safe havens’ that were listed BTC, gold and treasuries were top on the list, with gold leading.In the case of Bitcoin, more retail investors indicated interest compared to finance professionals making the token the choicest option amongst dollar, yen or even franc.

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Let's solve the problem! 😉

What are you supposed to do?

As usual, you need to solve 3 maths problems and find the number hidden in the❓

To take part you need to:

💬 Send your answer to comments under this post 👇

Tomorrow the winner will be chosen via randomizer among the users who provide the correct answer. The one of you will get a Bitcoin mining contract! 🎁

Hurry up to take part!

"MiCA Crypto Regulation Gets Green Light from EU Countries - Your Guide to the New Rules"

The European Union has passed the Markets in Digital Assets (MiCA) law, which requires enterprises in the 27-country bloc to obtain a license before issuing, trading, or safeguarding digital assets.

MiCA guidelines are intended to safeguard investors, maintain financial stability, and promote innovation. Legislation addresses digital assets, services, market manipulation, and deceptive behavior.

MiCA will become EU law in the middle of 2024, establishing a single market environment across Europe in terms of regulatory standards and operating procedures. Cryptocurrency service providers and supporters welcome it.

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Guys, you still have several hours to take part in this activity 🔢

Hurry up! The winner will be announced today!

Before 🍕, there was a 🖼: the forgotten FIRST Bitcoin transaction

With BTC🍕Day nearing, he community is discussing an initial BTC transaction that involved the purchase of a JPEG.

Sabunir, who wanted to try BTC transactions, posted on the Forum that he was willing to sell a desktop wallpaper for 500 BTC (≈ $1 in 2010). There was no interest.

Satoshi Nakamoto, the creator of BTC, participated in the conversation to facilitate the trade. And Sabunir’s wallet received two transactions, one for 100 BTC and another for 500 BTC.

The community has been discussing that if the transaction were due to the sale of an image, it would predate the infamous BTC transaction for two pizzas.

However, others argue that these transactions were for a donation rather than sell of a JPEG.

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Tether pledges to plow 15% of profits into💸➡️ Bitcoin

Tether International Limited (Tether) has announced plans to purchase Bitcoin (BTC) with 15% of its realized net operating gains. The company has revealed that its reserves held roughly $1.5 billion in BTC as of the end of March and holds the private keys linked to all of its BTC holdings.

Tether CTO Paolo Ardoino explains that BTC's limited supply, decentralized nature, and widespread adoption have positioned it as a favored choice among institutional and retail investors. Tether believes BTC has the potential to restructure the way we conduct business and live our lives. It will focus exclusively on deploying investment strategy realized profits to fuel its Bitcoin-investing agenda, disregarding price-induced unrealized capital gains.

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