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Top Analyst Says He’s Investing in One Untapped Altcoin Amid Crypto Correction

Altcoin Daily host and crypto analyst Aaron Arnold is spotlighting a new under-the-radar altcoin, as the crypto markets continue to correct and Bitcoin trades around $35,000.

In a new video, Arnold tells his 848,000 subscribers that he is investing in decentralized finance (DeFi) protocol Formation Finance (FORM). Formation FI is a cross-chain DeFi platform that is optimizing the search for favorable risk-reward ratios in yield-farming opportunities across the crypto space.

 The crypto influencer notes that Formation FI, while entering a sector of the crypto space that is quite popular, had an impressive launch on the DAOMaker launchpad and is backed by top layer 2 scaling solution Polygon (MATIC).

“Formation Finance, (FORM)… Smart farming 2.0… Even if you don’t like DeFi, even if you don’t think DeFi is anything to write home about, I hope you can understand that everybody else is really interested in DeFi and yield chasing, or yield farming. 

They broke some records on DAOMaker’s Strong Holder Offering and besides that – really why I found them interesting is because they’re backed by some big names, Polygon, a lot of venture capital firms…”

Arnold says Formation FI, with its attempt to automate the yield chasing process, is exactly the type of crypto project that he’s interested in investing in right now.

“In a world where there’s so much yield chasing, everybody is trying to find the best yield, they’re taking a mathematical approach and really making it a one-stop shop bringing the front end to DeFi blocks…

This is a new project that I just invested in… I’m just saying this is the type of stuff I’m looking at.”

As for projects Arnold is interested in for the long haul, he references a recent Altcoin Daily tweet in which the traders spotlight the three coins they’re confident in holding for this bull cycle and longer.

#Bitcoin Hodl position. #Ethereum cycle position. #Cardano summer position.

What more could you need?

— Altcoin Daily (@AltcoinDailyio) June 18, 2021

Formation FI debuted on the market this past week and is trading at around $0.30 at time of writing, 27.70% off its all-time high of $0.41.
Ethernity Chain Makes Debut on Binance’s Innovation Zone

Ethernity Chain (ERN) has launched on the Binance Innovation Zone and is due to receive three trading pairs during the day.

The community-oriented platform specializes in limited edition and verified Non-Fungible Tokens (NFTs), features which have increased its popularity in the crypto world. The listing of the token on the major trading platform, Binance, is expected to further advance its operations and also its NFTs appeal.

The platform’s reputation has grown in the past couple of months. Numerous public figures have partnered with Ethernity’s team to provide brand new collectibles on the platform. More recently, Ethernity teamed up with various influential personalities including Manny Pacquiao, Pelé the footballer, Phil Ivey, Marilyn Monroe, Anderson Silva and the Winklevoss brothers.

Ethernity Chain’s native token ERN, has multiple functions in its ecosystem. It is useful in purchasing NFTs, obtaining governance rights by voting on proposals, and it can be staked for rewards. Moreover, it can be periodically bought back by Ethernity’s team via platform proceeds. Its listing on Binance will therefore, open up the token and the Ethernity Chain ecosystem to the greater crypto community.

Nick Rose, the CEO Ethernity Chain commented on this development saying:

“When the biggest exchange in the world decides to incorporate your company into theirs, it’s definitely not something to take lightly. This is a massive statement that reverberates to all our artists, charities, icons and of course, the community.”

Binance crypto exchange confirmed adding ERN to its Innovation Zone. The Innovation Zone is a trading zone dedicated to innovative assets with a potential for high volatility. The increased risk is directly proportional to the potential for great rewards. Binance traders interested in the Innovation Zone need to fill a questionnaire on the Zone’s webpage, and thereafter, they will have access to all listed tokens including ERN.

Binance has not placed any trading restrictions for any of the trading pairs. Ethernity Chain’s trading pairs will be ERN/BNB, ERN/BUSD, and ERN/USDT, with trading commencing on June 22, 2021 at 6.00AM UTC.

Ethernity is a revolutionary NFT project combining both DeFi utility and authenticated artwork represented as NFTs. Its collectibles feature leading artists and super stars in various fields ranging from film, music, sports, tech, entertainment and history.

The platform creates an exclusive channel through which renown digital artists and notable figures can showcase themselves and their work. Ethernity also intends to donate a portion of profits accrued from this endeavor to charitable causes.
Nassim Nicholas Taleb: Bitcoin Is Way Too “Fragile”

Nassim Nicholas Taleb – the author of “Black Swan” – does not think much of bitcoin.

Taleb Is No Longer a BTC FanIn the past, Taleb has been a huge advocate of the digital currency. He has commented that individuals “cannot ignore the bitcoin story,” claiming it had come quite far in the time it had been available to traders. He touted it as a powerful asset, and it was time to take the currency seriously.

However, now it looks like Taleb is reversing his stance. In a recent interview, he commented that bitcoin – without a government backing it up – has not managed to pick up speed and has failed to provide the decentralized financial space that people have been demanding. He says it is not a “safe haven” investment, and likely never will be.
blockWRK Native WRK Token Listed On Bithumb Exchange

The blockWRK project’s native WRK platform token has been successfully listed on the Bithumb cryptocurrency exchange and is now available for trading, as announced by the exchange.

WRK has been listed on the DeFi board of Bithumb, with deposits made available on July 23, 2021, at 15:00 (UTC+8). Trading of the WRK token has been made available starting from July 27, 2021, at 17:00 (UTC+8) in the WRK/USDT trading pair. The initial starting price of each WRK token is $1.01 USDT. The total supply of WRK tokens stands at 11,923,616,243 WRK, with the circulating supply being 85,869,296.7293 WRK.
Bitcoin Will Crash 85% From Current Highs, Controversial HEX Founder Richard Heart Avers

Despite the growing bullish hype and respect for support levels by Bitcoin, controversial Hex founder, Richard Heart believes that an 85% crash by Bitcoin is imminent, and it’s no different from the past.

The controversial founder of Hex in an interview with Kitco News sounded the alarm referencing the 2017 dip that saw Bitcoin plunge by about 83% in a year, which he believes is bound to happen again in the current situation.

“Any time we get one of these big run-ups which by the way is usually followed by a crash, which I think we are due for the rest of the crash, we’re already down half, I think we’ll go down another 75% to an 85% total drop,”.
​​​​​​​​​​​ 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!
The HUMAN App Delivers Real-World Utility to HMT and the HUMAN Ecosystem

HUMAN Protocol has launched on the Ethereum Mainnet. To complement this launch – which also involved the listing of HMT (the native token of HUMAN Protocol) on FTX and Gate.io on the 10th of August – the HUMAN Protocol Foundation has now released the HUMAN App: the first opportunity for people to earn HMT directly for completing data-labeling tasks, and the first gateway into the HUMAN experience.

HUMAN Protocol provides the end-to-end infrastructure – the tools, plugins, integrations, and APIs – to hire, manage, validate, and compensate individuals at scale. It is designed to support the creation of global job markets in which almost any human or machine can publish a job and any Worker with the requested skill set, knowledge, or background can complete the tasks associated with that job.
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
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.
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.
Crypto Veteran Bobby Lee Analyzes Bitcoin, Reveals What Could Prevent BTC From Reaching $1,000,000

Cryptocurrency veteran Bobby Lee is identifying what he thinks are the main factors that could stop Bitcoin’s price from hitting $1 million in the next three to five years.

While exploring the probability of China declaring Bitcoin illegal, Lee says that such a ban is unlikely to occur in 2021, but that it could happen in three to five years when the flagship cryptocurrency’s price has the potential to reach seven-figure levels.
Whales Abruptly Relocate Nearly $500,000,000 in XRP in Just 12 Hours As Crypto Markets Take Off

XRP whales just moved nearly half a billion dollars worth of the sixth-largest crypto asset.

Within a 12-hour period on Friday and Saturday, deep-pocketed entities relocated more than $470 million worth of XRP, according to the crypto tracker Whale Alert.

 The largest single transaction of the weekend’s whale spree happened when an unknown investor sent Ripple a whopping 218,682,480 XRP worth more than $280 million.

218,682,488 #XRP (280,331,182 USD) transferred from unknown wallet to Ripplehttps://t.co/G5xRcI8ShQ
Underdog Cardano Eyes $3 After Successfully Smashing Smart Contracts Record

$ADA set a new record for over 100 completed smart contracts barely two days after the release of its highly-publicized Alonzo Hardfork. The Plutus smart contract capability, which featured as a part of the purple phase of Cardano’s three-pronged upgrade, broke the 100 contract record confirming a seamless integration of the new upgrade. The success comes as an underdog victory for the current 3rd most valuable coin after a series of complaints about its smart contract ineffectiveness flooded the crypto space in the run-up to the release.
Top Crypto Strategist Predicts Massive Run-Up for Cardano, Says It’s ‘Impossible’ Not To Be Bullish on Altcoins

A top crypto analyst and trader is predicting a massive Cardano (ADA) surge as he sees the altcoin market flashing signs of strength.

The trader known in the industry as Capo tells his 167,100 followers that he believes Cardano has already bottomed out and is ready to ignite a new uptrend.

 “ADA bottom was $1.90 Now all the way up to $10. Long and strong on ADA.”

Capo references a tweet that he posted in August where he accurately predicted that Cardano would drop all to way down to $1.90 before resuming its bull cycle.
SEC Sets Delays for Several BTC ETF Applications

The Securities and Exchange Commission (SEC) is once again delaying its decision-making process regarding new bitcoin-based exchange-traded fund (ETF) applications.

The SEC Cannot Seem to Make a Decision for AnythingThis has been going on for years now. The SEC does not seem capable of making a choice regarding such a product. It just delays, delays, and delays some more, and right when you think a final decision is going to be made, the agency puts things off again. Since 2017, the firm has been getting applications for bitcoin and crypto ETF applications on its desk, and each time, the SEC has found a way to avoid the situation.

At the time of writing, there are approximately four new bitcoin ETF applications waiting in the wings. They are for the Global X Bitcoin Trust, Kryptoin Bitcoin ETF, Valkyrie XBTO Bitcoin Futures Fund, and WisdomTree Bitcoin Trust. All have been pushed back by roughly 45 days or more. Thus, the SEC is not planning to move forward on any of the set applications until November at the earliest.
Forwarded from TrendGuru AI
​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.

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

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.

Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
[ Joon. G Kim’s Column] 21c Gold rush trail; Bitcoin ETF

First, I’m thankful to watch my column. When I publish my article

‘More ETF will be passed.’ is translated over the ten countries’ languages and posts investing.com India, Iq option, and many cryptocurrency channels. I am glad to everyone touch.
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!