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The Merge: what to expect from the biggest update of Ethereum

▪️ A few months are left before the long-awaited The Merge update, which will become important in the development of Ethereum. Not only will the algorithm change, Ethereum will become more environmentally friendly and deflationary, which can positively affect its price in the medium and long term.

😱 The Merge is expected to cut energy costs by more than 99%. And miners will be replaced by validators, which will require 32 ETH in the form of collateral.

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🧐 The bitcoinblack project launched an exclusive Visa crypto credit card in the UAE

💡 The bitcoinblack team has announced the launch of Visa VIP Crypto Credit Card in the UAE. Its holders can become 10,000 people around the world.

💵 According to the press release, the card is positioned as a “gateway to the world of luxury goods and services” for the wealthy in the digital asset industry.

Created in 2021, the payment solution allows you to convert bitcoin and other cryptocurrencies to fiat and spend funds in more than 140 countries where Visa is accepted. 😱

Bitcoinblack members receive a number of "premium benefits" including no spending limit.

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😱Prediction: Bitcoin will be $17,000?

▪️Bestselling author of Rich Dad Poor Dad and entrepreneur Robert Kiyosaki called the Bitcoin crash “great news” and predicted a test of the $17,000 level.

🔥Robert said he expects a drop to $20,000, then there will be a bottom test that will show what it will be, and then he promises to go "big".

Earlier, the entrepreneur explained why he is confident in the long-term success of digital gold:
“Bitcoin will win because America is led by three puppets.”

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🇵🇦 Legalization of crypto in Panama

▪️The regulatory document "regulates the trade and use of crypto assets, the release of digital value, the tokenization of precious metals and other assets, payment systems and other areas."

🙌🏻 Congressman Gabriel Silva emphasized that the legalization of cryptocurrencies will help Panama become "the center of innovation and technology in Latin America."

📝 According to the document, from now on, cryptocurrencies in Panama are an acceptable form of payment "for any legal civil or commercial transaction", including the payment of taxes, duties and other fees in favor of the state.
Moving to Panama? 😉

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😱 Bitcoin in Marvel

▪️ Hunt for Wolverine comic - Adamantium Agenda number 1 is the story of how Wolverine once saved New York. Since the 80s, Marvel comics have been very popular, and now the company is owned by Disney.

🔥The popularity of cryptocurrencies is so popular that it is even mentioned there. In one of the most dangerous moments, Tony Stark's character says the phrase: “Cryptocurrencies? Sounds a bit risky."

😌In this story, Bitcoin is described as a universal tool of robots, where Tony Stark makes a crypto payment.

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👋 CAR President Touadère Faustin-Archange said that, along with the local fiat franc and BTC, a new currency has appeared in the country since yesterday - Sango Coin, which will also be the official means of payment.

▪️According to the head of state, the second cryptocurrency (Bitcoin was legalized earlier) was needed by the Central African Republic to attract investment. Sango Coin itself will be backed by the natural resources of the Central African Republic - diamonds, oil, etc., and, based on information from the

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In June 2022, investors invested $3.67 billion in crypto and Web3 projects. Venture capital investors continue to pour billions into crypto and Web3 projects, a well-known analyst Colin Wu (Wu Blockchain) said in his report.


Although the volume of investments decreased by 18% compared to May ($4.45 billion), this is significantly more (by 60%) when compared with June 2021, when the amount of funds raised was $2.3 billion.


In total, cryptocurrency venture companies had 191 open investment projects in June (in May there were 225).

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What is Tether (USDT)?

Tether (USDT) is one of the most popular stablecoins. It was designed as a 1:1 US dollar backed asset. The coin is available on many blockchain networks and has seen an increase in trading volume and increased liquidity over the past few years.

Tether is a key element of the cryptocurrency ecosystem. As of June 2022, Tether is the third largest cryptocurrency in the world, behind only Bitcoin and Ethereum. In addition, it is considered the coin with the largest daily trading volume - even more than Bitcoin.

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📈 Meta (Facebook) will open its own shop for METAVERSE

▪️ The store will feature Meta hardware, Quest 2 virtual reality headset, Portal video call device and Ray-Ban Stories smart sunglasses.
Customers can try out the devices, experiment with virtual and augmented reality, and buy products.

😉 “The best way to understand virtual reality is to experience it for yourself,” Mark Zuckerberg, founder and CEO of Meta, said in a statement.

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👟 Nike and RTFKT presented the first NFT collection

▪️ Nike and RTFKT Studio presented the first collection of non-fungible tokens on the Ethereum blockchain. The digital sneaker is inspired by the Nike Dunk silhouette.

😨 Some owners of new NFTs have already listed tokens on the OpenSea marketplace - the price of digital sneakers starts from 3.25 ETH (~$9600).


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😱 Elon Musk's tunnel startup Boring Company was valued at nearly $6 billion.


▪️ Boring Company — Elon Musk’s startup, the head of Tesla and SpaceX — raised $675 million as part of an investment round. The company is laying underground tunnels to solve problems with traffic and traffic jams in cities

▪️ Boring Company specializes in building transport tunnels deep underground. Tunnels minimize the use of urban areas and do not conflict with existing transport systems.

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⬇️ Bill Ackman Foundation Loses Over $400 Million Selling Netflix Shares

▪️ Billionaire Bill Ackman's investment company sold shares in the American streaming service Netflix three months after the purchase

Streaming service Netflix for the first time since 2011 reported a drop in the number of paying users by 200 thousand in a quarter - to 221.6 million people. The indicator takes into account the loss of 700 thousand customers from Russia, where the company has suspended service. Without taking this into account, the increase in subscribers on the Netflix platform worldwide would be 500 thousand people.

😉 Netflix - no way without you!

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😱 VanEck CEO Jan van Eck: "Bitcoin can rise to $250,000"

▪️The head of the management company VanEck made a bold forecast about the growth of the first cryptocurrency against the backdrop of a bearish trend in the market, when bitcoin is trying to maintain the $30,000 mark.

▪️Jan van Ekw suggested that the BTC rate could rise to $250,000 within a few years. The businessman added that, to a certain extent, bitcoin has already received recognition from regulators and institutional investors, and has also become legal tender in two countries: El Salvador and the Central African Republic.



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5 main mistakes of traders:

1. Lack of a system.
Any person who wants to be successful must have a plan and an action algorithm.
2. Excitement
Most traders don't know how to stop and lose money.
3. Lack of information
Many people read a couple of articles, saw a successful success on tik tok, and decided that everyone knew. Not! You must have the necessary information to earn and not lose.
4. Emotional instability
If you have problems and a bad mood - in no case should you trade.
5. The desire to do everything at once
This is where patience is needed. Small deals, slowly towards the goal. Risks and quick expectations will lead nowhere.

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Michael Saylor: Ethereum is a security

Ethereum should be classified as a security since the asset was originally distributed to investors as part of an ICO. This was stated by the head of MicroStrategy Michael Saylor in an interview with Altcoin Daily.

Sailor explained that periodic updates to the software of the Ethereum network, behind which the development team is behind, indicate that the asset is a security.

In his opinion, for a cryptocurrency to be considered a commodity, it should not have an issuer or someone who would “make decisions”.


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🌓 Apartments for the cryptocurrency in Europe

▪️ Due to the tense geopolitical situation, investors are increasingly buying property in Europe for cryptocurrencies.

📈 Against the backdrop of a tense geopolitical and macroeconomic environment, investors are withdrawing money from high-risk assets into real estate

💸 According to Perez, some investors buy real estate directly with cryptocurrencies, without exchanging them for fiat money with the help of banks. She believes that this decision can be quite attractive for most investors.

And we would like to remind you that currency exchange transactions at the LOWEST prices per transaction and current rates can be made on our website:

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💵 The future of NFTs and metaverses will be exciting

▪️The Chairman of the Standing Committee on Finance of the Indian Parliament considers it a matter of time when people will use digital assets and cryptocurrencies in everyday life.

🙌🏻 NFT technology, in his opinion, will help improve the protection of digital asset ownership: any digital art, whether photos or films, can be protected using NFT, the parliamentarian is sure. Leputat expects blockchain to play a key role in India's economic growth.

❗️The chairman of the committee does not rule out that the metaverses will become much more popular in the future, and the technology of non-fungible tokens forms an effective synergy with them.

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🚀 Russia is testing digital currency

💵 Seven banks will join the testing of the digital ruble platform in the coming months

▪️ The launch of the prototype platform took place in January 2022 with the participation of five banks. Together with the regulator, they tested the issuance of digital rubles, the opening of digital wallets, as well as transfers between citizens.


The second stage of platform testing is expected in autumn 2022. It involves the conduct of operations to pay for goods and services, as well as government payments.

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Who quickly? 📶

The world's first cryptocurrency reached a capitalization of $1 trillion in 12 years. Whereas US mega-cap tech companies took much longer:

▪️ Bitcoin only took 12 years, twice as fast as Amazon;

▪️ It took Microsoft about 44 years to reach the $1 trillion valuation, which is about 3.6 times slower than Bitcoin;

▪️ It took Apple 42 years and Google 21 years.

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⚡️ Bank of England urged to regulate cryptocurrencies by analogy with the traditional market

Cryptocurrencies need to be regulated in the same way as traditional finance in order to reduce risks in the industry and increase investor confidence. This was stated by Deputy Governor of the Bank of England John Cunliffe.
During the press conference, the official recalled the collapse of the Terra ecosystem. According to him, digital assets cannot maintain their value and stability, causing stress in the markets.

He acknowledged that cryptocurrencies have “real potential for use in the financial system.”

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⚡️Mike Novogratz doubted the collapse of Bitcoin to $13,000

▪️According to Novogratz, centralized companies in the cryptocurrency market had too many positions with leverage. This led to the bankruptcy of some of them.
He also predicted a sideways trend in the digital asset industry until the Fed stops raising the base rate.

▪️Recall that in June, Novogratz predicted a continuation of the recession in the cryptocurrency market for 18 months. In his opinion, the industry will see the first signs of recovery after the easing of the Fed's monetary policy.


❗️And we would like to remind you that currency exchange transactions at the LOWEST prices per transaction and current rates can be made on our website:

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