Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.”
JPMorgan’s Opinion on Bitcoinization in El SalvadorInvestment bank JPMorgan released a report Friday titled “The Bitcoinization of El Salvador.” The country’s congress passed the bill making bitcoin legal tender on Wednesday, becoming the first nation to do so.
JPMorgan described: “El Salvador recently passed legislation making bitcoin legal tender, and will attempt to implement a bimonetary system with the U.S. dollar as the primary unit of account but mandating bitcoin be accepted as payment for all economic activity.”
The investment bank added that “As with dollarization in the early-2000s, this move does not seem motivated by stability concerns, but rather is growth-oriented,” elaborating:
It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender, and it may imperil negotiations with the IMF.
The International Monetary Fund (IMF) has already voiced concerns regarding El Salvador’s move to make bitcoin legal tender, citing legal and economic issues. El Salvador is currently seeking a billion-dollar loan from the IMF.
An official with the Bank of International Settlements (BIS) has also expressed doubt in El Salvador’s bitcoin law, calling it an “interesting experiment,” but emphasizing that the BIS does not see that bitcoin can function as a means of payment.
The JPMorgan report further points out that there are questions as to how bitcoin will be treated by larger economies when it is legal tender in El Salvador. The bank warned that any treatment changes “would arguably be an unintended consequence of laws and regulations that significantly predate, and understandably did not anticipate cryptocurrency.” Nonetheless, the bank said:
Those moves may be complicated if this is the beginning of a broader trend among similarly situated, smaller nations.
After El Salvador passed the bill to make bitcoin legal tender, President Nayib Bukele said the country will be mining BTC using energy from volcanoes. He said it will be “very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos.”
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.”
JPMorgan’s Opinion on Bitcoinization in El SalvadorInvestment bank JPMorgan released a report Friday titled “The Bitcoinization of El Salvador.” The country’s congress passed the bill making bitcoin legal tender on Wednesday, becoming the first nation to do so.
JPMorgan described: “El Salvador recently passed legislation making bitcoin legal tender, and will attempt to implement a bimonetary system with the U.S. dollar as the primary unit of account but mandating bitcoin be accepted as payment for all economic activity.”
The investment bank added that “As with dollarization in the early-2000s, this move does not seem motivated by stability concerns, but rather is growth-oriented,” elaborating:
It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender, and it may imperil negotiations with the IMF.
The International Monetary Fund (IMF) has already voiced concerns regarding El Salvador’s move to make bitcoin legal tender, citing legal and economic issues. El Salvador is currently seeking a billion-dollar loan from the IMF.
An official with the Bank of International Settlements (BIS) has also expressed doubt in El Salvador’s bitcoin law, calling it an “interesting experiment,” but emphasizing that the BIS does not see that bitcoin can function as a means of payment.
The JPMorgan report further points out that there are questions as to how bitcoin will be treated by larger economies when it is legal tender in El Salvador. The bank warned that any treatment changes “would arguably be an unintended consequence of laws and regulations that significantly predate, and understandably did not anticipate cryptocurrency.” Nonetheless, the bank said:
Those moves may be complicated if this is the beginning of a broader trend among similarly situated, smaller nations.
After El Salvador passed the bill to make bitcoin legal tender, President Nayib Bukele said the country will be mining BTC using energy from volcanoes. He said it will be “very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos.”
New York Crypto Firm Coin Seed Is Ceasing Operations
Crypto trading firm Coin Seed has decided to shut its doors for good following a lawsuit brought forth against it earlier in the year by New York Attorney General Letitia James. The company has been accused of fraudulent activity after moving customer funds without permission and for selling “worthless” tokens in what is alleged to have been a phony initial coin offering (ICO).Coin Seed Is Closing Down for GoodIn a statement, Del Davaasambuu – the CEO and co-founder of Coin Seed – explained in a recent interview:I am announcing that I am winding down the business due to a lawsuit from the NYAG.The suit against the trading platform was initiated on February 17 of this year. It is alleged that Coin Seed ultimately defrauded several investors out of millions of dollars through the sale of CSD tokens, the official cryptocurrency of the business. James later sought to prevent Coin Seed from selling any additional tokens, claiming that the firm had potentially taken investor funds and placed them into Dogecoin without openly discussing the move with those that had participated in the token sale.A recent legal filing also alleges that Coin Seed took investor funds and allocated them into bitcoin without permission. The company is believed to have halted trading while the funds were being moved so customers could not remove their money from the Coin Seed platform. The bitcoin purchased with investor funds was later converted into Dogecoin.This, in turn, led to nearly 200 complaints being sent to the New York Attorney General’s office, who felt that the incident required further examination. On June 7 of this year, the office obtained a court order allowing it to shut down Coin Seed for good based on evidence suggesting that the firm had engaged in illegal operations. James explained in a recent interview:When platforms operating illegally in New York seek to trade on investors’ money, we will use every tool at our disposal to stop their unlawful actions.Davaasambuu is thus far cooperating with the court order and closing the company’s doors, though he still insists that Coin Seed did not engage in any illicit behavior. He claims:There are still no regulations about how to classify cryptocurrencies and what kind of licenses they should obtain to run a business in the United States. We do not even have a clear guidance on how to pay crypto-related taxes.Relentless Bullying?He has also stated that James is a “business abuser” and that she has been after him ever since the company held its ICO four years ago. He says:We could not even list our token in other exchanges because of their constant pressures and bullying. Coin Seed is a small startup with little money, and we could not hire the good lawyers to fight them.The post New York Crypto Firm Coin Seed Is Ceasing Operations appeared first on Live Bitcoin News.
Crypto trading firm Coin Seed has decided to shut its doors for good following a lawsuit brought forth against it earlier in the year by New York Attorney General Letitia James. The company has been accused of fraudulent activity after moving customer funds without permission and for selling “worthless” tokens in what is alleged to have been a phony initial coin offering (ICO).Coin Seed Is Closing Down for GoodIn a statement, Del Davaasambuu – the CEO and co-founder of Coin Seed – explained in a recent interview:I am announcing that I am winding down the business due to a lawsuit from the NYAG.The suit against the trading platform was initiated on February 17 of this year. It is alleged that Coin Seed ultimately defrauded several investors out of millions of dollars through the sale of CSD tokens, the official cryptocurrency of the business. James later sought to prevent Coin Seed from selling any additional tokens, claiming that the firm had potentially taken investor funds and placed them into Dogecoin without openly discussing the move with those that had participated in the token sale.A recent legal filing also alleges that Coin Seed took investor funds and allocated them into bitcoin without permission. The company is believed to have halted trading while the funds were being moved so customers could not remove their money from the Coin Seed platform. The bitcoin purchased with investor funds was later converted into Dogecoin.This, in turn, led to nearly 200 complaints being sent to the New York Attorney General’s office, who felt that the incident required further examination. On June 7 of this year, the office obtained a court order allowing it to shut down Coin Seed for good based on evidence suggesting that the firm had engaged in illegal operations. James explained in a recent interview:When platforms operating illegally in New York seek to trade on investors’ money, we will use every tool at our disposal to stop their unlawful actions.Davaasambuu is thus far cooperating with the court order and closing the company’s doors, though he still insists that Coin Seed did not engage in any illicit behavior. He claims:There are still no regulations about how to classify cryptocurrencies and what kind of licenses they should obtain to run a business in the United States. We do not even have a clear guidance on how to pay crypto-related taxes.Relentless Bullying?He has also stated that James is a “business abuser” and that she has been after him ever since the company held its ICO four years ago. He says:We could not even list our token in other exchanges because of their constant pressures and bullying. Coin Seed is a small startup with little money, and we could not hire the good lawyers to fight them.The post New York Crypto Firm Coin Seed Is Ceasing Operations appeared first on Live Bitcoin News.
Bitcoin Will Reach $150,000 on This Date, According to Crypto Trader Tyler Swope
Crypto analyst and influencer Tyler Swope is unveiling the exact date on which he believes Bitcoin will hit his target of $150,000.
In a new video, Swope tells his 251,000 subscribers that he does not believe Bitcoin will manage another 10x before the current boom cycle is over.
“$300,000 by December is a tad bit crazy bullish to me. Why? Well, from the last cycle’s top to top, end of 2013 to end of 2017, for the sake of math, we will call it $1,000 to $20,000. That is a 20x. The cycle before that, 2011 to 2013, for the sake of math, we will say from $10 to $1,000, a 100x.
From a 100x to a 20x, that is an 80% decrease in multipliers through the cycles. So if we say from the end of 2017’s $20,000 to December 2021 we hit $300,000, that would be a 15x. From a 20x to a 15x from this cycle to cycle would only be a 25% decrease. I don’t know about that.”
The popular YouTuber highlights that he sees Bitcoin rallying nearly 320% from its current price of $35,790 by the fourth quarter of this year.
“The top for this cycle will be between $100,000 to $200,000 by December 2021. This is and has been my prediction for a long time. But if I had to give you a specific number and day, how about right here: $150,000 by December 15th, 2021.”
In the short term, Swope believes that current price action is designed to trap bears.
“Some bears got locked out, and they won’t let them out because this pattern may be a triple bottom and not a top… Three clear bottoms and after that, according to my TA, Tyler Analysis, it means up.”
Crypto analyst and influencer Tyler Swope is unveiling the exact date on which he believes Bitcoin will hit his target of $150,000.
In a new video, Swope tells his 251,000 subscribers that he does not believe Bitcoin will manage another 10x before the current boom cycle is over.
“$300,000 by December is a tad bit crazy bullish to me. Why? Well, from the last cycle’s top to top, end of 2013 to end of 2017, for the sake of math, we will call it $1,000 to $20,000. That is a 20x. The cycle before that, 2011 to 2013, for the sake of math, we will say from $10 to $1,000, a 100x.
From a 100x to a 20x, that is an 80% decrease in multipliers through the cycles. So if we say from the end of 2017’s $20,000 to December 2021 we hit $300,000, that would be a 15x. From a 20x to a 15x from this cycle to cycle would only be a 25% decrease. I don’t know about that.”
The popular YouTuber highlights that he sees Bitcoin rallying nearly 320% from its current price of $35,790 by the fourth quarter of this year.
“The top for this cycle will be between $100,000 to $200,000 by December 2021. This is and has been my prediction for a long time. But if I had to give you a specific number and day, how about right here: $150,000 by December 15th, 2021.”
In the short term, Swope believes that current price action is designed to trap bears.
“Some bears got locked out, and they won’t let them out because this pattern may be a triple bottom and not a top… Three clear bottoms and after that, according to my TA, Tyler Analysis, it means up.”
Newly Launched BTC365 Token Offers Unique Crypto Investment Opportunity
The new BTC365 token, designed for use in the BTC365 gaming platform, is providing a unique opportunity to crypto investors to leverage cryptocurrencies’ momentum. Simultaneously, investors get to earn rich dividends from BTC365’s dividend pool.
Mainstream digital assets are still recovering from their 3-month low. Bitcoin (BTC), for instance, the crypto giant by market cap, plunged down to $30,000. This was a 50%+ dip from its record mid-April high of $64,829.
Ethereum (ETH) and Binance Coin (BNB), which are second and third to BTC, followed suit and shaved off roughly $200 billion from the crypto market on May 17. Since then, the three cryptos have managed to retrace between 30-85% off their May lows.
The newly debuted BTC365 token enables prospective investors to not only gain direct ownership to these volatile assets, but also to add onto their crypto rebound exposure and make handsome returns.
BTC 365 gives its users multiple chances to wager on cryptocurrencies like BTC and ETH. For every 1mBTC wagered, users earn 1 BTC365 token. The more the odds laid, the more BTC365 tokens gained.
Investors benefit from increased exposure to the crypto market in addition to staking their claims on BTC365’s dividend pool, comprised of some portion of BTC365’s gaming revenue. The money is rewarded to investors at a rate directly proportionate to their BTC365 token holdings, as a percentage of the current token float.
Investors interested in capitalizing on this offering are directed to create accounts on BTC354 website and make their initial deposits.
BTC365 gamers are also favored, as they now have two revenue streams. Besides winning prizes from playing on the platform, they can also take advantage of the new BTC365 token offer.
Moreover, BTC365 platform has a VIP system that rewards active users and investors with BTC365 tokens and also VIP points. Accumulating VIP points places users at a certain VIP rank where they are entitled to a greater variety of rewards as they rise in rank. Such rewards include NFTs, iPhones, Genesis Tokens and also a mining multiplier that increases earned BTC365 tokens with every unit wagered.
Currently, VIPs are benefiting from a 100% first-time deposit bonus in addition to a limited-time tiered Dogecoin distribution should they apply by July 21.
The new BTC365 token, designed for use in the BTC365 gaming platform, is providing a unique opportunity to crypto investors to leverage cryptocurrencies’ momentum. Simultaneously, investors get to earn rich dividends from BTC365’s dividend pool.
Mainstream digital assets are still recovering from their 3-month low. Bitcoin (BTC), for instance, the crypto giant by market cap, plunged down to $30,000. This was a 50%+ dip from its record mid-April high of $64,829.
Ethereum (ETH) and Binance Coin (BNB), which are second and third to BTC, followed suit and shaved off roughly $200 billion from the crypto market on May 17. Since then, the three cryptos have managed to retrace between 30-85% off their May lows.
The newly debuted BTC365 token enables prospective investors to not only gain direct ownership to these volatile assets, but also to add onto their crypto rebound exposure and make handsome returns.
BTC 365 gives its users multiple chances to wager on cryptocurrencies like BTC and ETH. For every 1mBTC wagered, users earn 1 BTC365 token. The more the odds laid, the more BTC365 tokens gained.
Investors benefit from increased exposure to the crypto market in addition to staking their claims on BTC365’s dividend pool, comprised of some portion of BTC365’s gaming revenue. The money is rewarded to investors at a rate directly proportionate to their BTC365 token holdings, as a percentage of the current token float.
Investors interested in capitalizing on this offering are directed to create accounts on BTC354 website and make their initial deposits.
BTC365 gamers are also favored, as they now have two revenue streams. Besides winning prizes from playing on the platform, they can also take advantage of the new BTC365 token offer.
Moreover, BTC365 platform has a VIP system that rewards active users and investors with BTC365 tokens and also VIP points. Accumulating VIP points places users at a certain VIP rank where they are entitled to a greater variety of rewards as they rise in rank. Such rewards include NFTs, iPhones, Genesis Tokens and also a mining multiplier that increases earned BTC365 tokens with every unit wagered.
Currently, VIPs are benefiting from a 100% first-time deposit bonus in addition to a limited-time tiered Dogecoin distribution should they apply by July 21.
Revolutionary Ecosystem Developed by Synapse Network Opens up Cross-Chain Investment Opportunities
Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured landscape.
Trade ETH to MATIC or BNB in Just One SwapTechnology specialist Synapse Network will provide investors with a simple one-stop-shop solution to consolidate their transactions. Compared to a multichain solution, where you need to invest into one of multiple pools – a costly and time-consuming process – it allows investors to allocate their funds in different blockchains, including Ethereum, Binance SmartChain, Solana, Polygon and many other popular blockchains. So investors can trade ETH to MATIC or to BNB in just one swap.
“The cross-chain revolution is the next big step of blockchain evolution, so we are thrilled to be the only player in the market to offer this technology. Cross-chain means you can choose any chain you want, or even several at a time, for any investment that you desire, – Synapse Network Co-Founder Paweł Łaskarzewski”
Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured landscape.
Trade ETH to MATIC or BNB in Just One SwapTechnology specialist Synapse Network will provide investors with a simple one-stop-shop solution to consolidate their transactions. Compared to a multichain solution, where you need to invest into one of multiple pools – a costly and time-consuming process – it allows investors to allocate their funds in different blockchains, including Ethereum, Binance SmartChain, Solana, Polygon and many other popular blockchains. So investors can trade ETH to MATIC or to BNB in just one swap.
“The cross-chain revolution is the next big step of blockchain evolution, so we are thrilled to be the only player in the market to offer this technology. Cross-chain means you can choose any chain you want, or even several at a time, for any investment that you desire, – Synapse Network Co-Founder Paweł Łaskarzewski”
Bit Farms Finds Success As China Ends BTC Mining
With China suddenly exiting the bitcoin mining space, it looks like many other companies in regions such as Canada are beginning to take over.
China Is Saying “Good Bye” to BTC MiningChina has been adamant about ending its bitcoin mining presence over the past few weeks. Beijing recently issued a notice to all mining companies that to become a greener nation, all crypto extraction projects would no longer be allowed within the country’s borders. Thus, if they wished to continue, they would need to find other countries willing to host them.
This really set off a string of negative events, a big one being that bitcoin’s price continues to suffer at press time. The world’s number one digital currency ultimately reached a new all-time high of approximately $64,000 per unit last April, though now it appears that BTC is selling for less than half that figure – and traders arguably have China to thank.
With China suddenly exiting the bitcoin mining space, it looks like many other companies in regions such as Canada are beginning to take over.
China Is Saying “Good Bye” to BTC MiningChina has been adamant about ending its bitcoin mining presence over the past few weeks. Beijing recently issued a notice to all mining companies that to become a greener nation, all crypto extraction projects would no longer be allowed within the country’s borders. Thus, if they wished to continue, they would need to find other countries willing to host them.
This really set off a string of negative events, a big one being that bitcoin’s price continues to suffer at press time. The world’s number one digital currency ultimately reached a new all-time high of approximately $64,000 per unit last April, though now it appears that BTC is selling for less than half that figure – and traders arguably have China to thank.
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of its crypto services in partnership with Lukka, an enterprise crypto asset data and software provider.
State Street Launching New Crypto ServicesState Street Corp. announced new cryptocurrency services Thursday. The financial services firm "will provide digital and cryptocurrency asset fund administration capabilities for the firm’s private funds clients" in partnership with Lukka, the announcement details, adding:
State Street will support its private fund clients with collection, standardization, enrichment, reconciliation, processing and reporting related to crypto and other digital assets.
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of its crypto services in partnership with Lukka, an enterprise crypto asset data and software provider.
State Street Launching New Crypto ServicesState Street Corp. announced new cryptocurrency services Thursday. The financial services firm "will provide digital and cryptocurrency asset fund administration capabilities for the firm’s private funds clients" in partnership with Lukka, the announcement details, adding:
State Street will support its private fund clients with collection, standardization, enrichment, reconciliation, processing and reporting related to crypto and other digital assets.
Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE Supply
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains.
Dogecoin’s Weekly Gains Outshine the Competition, Google Trends Data Shows DOGE Interest Dive-Bombed After MayAt the time of writing, both the topic dogecoin and the hashtag #dogecointothemoon have been trending on social media Sunday afternoon. As far as interest is concerned, Google Trends (GT) data shows that the search queries for the terms "dogecoin" and "doge" have dropped very low.
#DogecoinToTheMoon
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains.
Dogecoin’s Weekly Gains Outshine the Competition, Google Trends Data Shows DOGE Interest Dive-Bombed After MayAt the time of writing, both the topic dogecoin and the hashtag #dogecointothemoon have been trending on social media Sunday afternoon. As far as interest is concerned, Google Trends (GT) data shows that the search queries for the terms "dogecoin" and "doge" have dropped very low.
#DogecoinToTheMoon
Some really interesting news about TrendGuru AI project has been popping up in many crypto related media in the last few days. It looks like Artificial Intelligence has started a revolution in the crypto market!
TrendGuru AI - a very old project in the field of market data analysis, announces revolutionary results and finally goes public. This is bound to be a game changer in the cryptocurrency markets. The best AI analytics is now available to everyone with @TrendGuruBot.
«After 6 years of developing and testing our artificial intelligence on our deposits, we are ready to present you the latest and greatest version of our robot. It is an artificial intelligence bot that provides high-profit and low-risk signals for trading in cryptocurrency markets. The technology is based only on pure mathematics and the latest developments in the field of self-learning systems. Simply following the instructions of the system will allow you to consistently receive three-digit returns every year.»
Read more in TrendGuruAI channel and earn hundreds of percent even in a falling market! Definitely recommended!
TrendGuru AI - a very old project in the field of market data analysis, announces revolutionary results and finally goes public. This is bound to be a game changer in the cryptocurrency markets. The best AI analytics is now available to everyone with @TrendGuruBot.
«After 6 years of developing and testing our artificial intelligence on our deposits, we are ready to present you the latest and greatest version of our robot. It is an artificial intelligence bot that provides high-profit and low-risk signals for trading in cryptocurrency markets. The technology is based only on pure mathematics and the latest developments in the field of self-learning systems. Simply following the instructions of the system will allow you to consistently receive three-digit returns every year.»
Read more in TrendGuruAI channel and earn hundreds of percent even in a falling market! Definitely recommended!
Not sure what to do with ERC-20 tokens of failed projects?
Project iQuantXchange (https://iquant.exchange) swap ERC-20 tokens of failed projects for IQX token. The startup has been around for over a year, and during that time it has established itself as a stable platform for swapping worthless tokens for the promising IQX token, which will become the utilitarian token of their new exchange service.
The iQuantXchange will distribute all proceeds from transaction fees to all IQX token holders and is potentially a very powerful investment tool. So powerful, in fact, that some users are buying tokens from failed projects to exchange them for IQX.
To participate in this swap you just need to go to their website https://iquant.exchange, go to Swap Rate Checker section and enter the token you want to get rid of. You will be shown the exchange rate. Then just register and make the exchange. Get answers to questions about this project you can here: https://iquantx.medium.com/learn-about-the-project-from-this-faq-948250871307 or in the project's Telegram group @iQuantX
Project iQuantXchange (https://iquant.exchange) swap ERC-20 tokens of failed projects for IQX token. The startup has been around for over a year, and during that time it has established itself as a stable platform for swapping worthless tokens for the promising IQX token, which will become the utilitarian token of their new exchange service.
The iQuantXchange will distribute all proceeds from transaction fees to all IQX token holders and is potentially a very powerful investment tool. So powerful, in fact, that some users are buying tokens from failed projects to exchange them for IQX.
To participate in this swap you just need to go to their website https://iquant.exchange, go to Swap Rate Checker section and enter the token you want to get rid of. You will be shown the exchange rate. Then just register and make the exchange. Get answers to questions about this project you can here: https://iquantx.medium.com/learn-about-the-project-from-this-faq-948250871307 or in the project's Telegram group @iQuantX
Orbs Network Launches its Freshly Redesigned Site
The Orbs Network is a decentralized public blockchain aimed at bringing scalability and low fees together with a first-grade developer experience. With isolation between virtual chains, online IDE, and smart contracts in familiar languages, Orbs equip developers with the perfect mix of performance, cost, security, and ease of use. But, as someone new to Orbs network, how would you know about its capabilities? Through its website, of course!
The importance of websites in today’s digital age is undeniable. The Orbs network had long been thinking about how to be more focussed and precise in delivering information and content to its community members and the larger ecosystem it belongs to. Finally, it has launched its new website.
The Orbs Network is a decentralized public blockchain aimed at bringing scalability and low fees together with a first-grade developer experience. With isolation between virtual chains, online IDE, and smart contracts in familiar languages, Orbs equip developers with the perfect mix of performance, cost, security, and ease of use. But, as someone new to Orbs network, how would you know about its capabilities? Through its website, of course!
The importance of websites in today’s digital age is undeniable. The Orbs network had long been thinking about how to be more focussed and precise in delivering information and content to its community members and the larger ecosystem it belongs to. Finally, it has launched its new website.
Forwarded from TrendGuru AI
Great deal from the first half of August. Very fast, very profitable.
💵💵💵
Closed deal DENT/USDT
Open: $0.00231274, 04.08.2021
Close: $0.00462374, 13.08.2021
Profit: +99.92%
Duration: 9 days
Briefly about the instrument:
Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data.
Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location.
Subscribe to @TrendGuruBot and earn hundreds of percent in any market conditions.
💵💵💵
Closed deal DENT/USDT
Open: $0.00231274, 04.08.2021
Close: $0.00462374, 13.08.2021
Profit: +99.92%
Duration: 9 days
Briefly about the instrument:
Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data.
Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location.
Subscribe to @TrendGuruBot and earn hundreds of percent in any market conditions.
Forwarded from TrendGuru AI
One more great deal in August. Low risk. Huge profit. Everything as we love.
💵💵💵
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.
💵💵💵
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.
