These will be the Top 10 Coins of 2023

The cryptocurrency world upset many of its investors with big drops in 2022. However, many famous financiers and investment advisors have made statements that predict that some currencies will rise in 2023. Bitcoin, ETH, POT and many coins and tokens caused their investors to lose a lot of money in 2022. Many financial experts think that this decline is due to the depreciation of the dollar in the FED and the USA. For 2023, people are still happily making predictions and making billions in cryptocurrencies. We brought together the 2023 predictions of many famous analysts and finance magazines.

10) This altcoin could explode with Elon Musk doping

The altcoin project in question is called MASK. The asset saw a huge surge of interest with Elon Musk's acquisition of Twitter. Accordingly, as we have announced as the market by gaining many new users, Binance shared its “Bluebird Index”, which includes some of the big names in the crypto money industry, at the beginning of November. According to the list; BNB, DOGE and MASK were included in this list. Binance's "Bluebird Index" was a reference to Twitter's bluebird. However, in this reference, no one considered MASK as much as DOGE or BNB. So what is the MASK token? The project's website contains some information on this topic. According to the official statement, the project provides integration with websites that do not support crypto services. To provide this, it works as a browser add-on. The plugin has many functions such as tipping, NFT interactions, crypto money transfer between addresses. In other words, users can perform many Blockchain-based transactions on the Internet with this project. Mask Network could potentially become the foundation for future integration of digital assets. The amount of technical problems and inconveniences that arise during the use of the extension is quite large. Therefore, the solution developed by the project's team seems to push the integration of Web3 functionality into the platform. However, some experts suggest that this project and Twitter may come together in the future. This means that an Elon Musk doping could affect the altcoin price. Some experts are extremely hopeful for MASK. According to them, cryptocurrency has the potential to surprise investors in the future, especially with Twitter's potential blockchain network. Based on the performance of the altcoin price, more investors are betting on this prediction. It remains unclear whether MASK will become Twitter's blockchain ecosystem in the future. But the increase in the number of investors reveals that many believe it.

9) Whales for SHIB ready in 2023

Whale-watching platform WhaleStats shows that despite the recent high volatility, Ethereum whales continue to hold Shiba Inu (SHIB). Thus, SHIB takes on a “stablecoin”-like role that is safe for investors in volatile markets. However, the Shiba Inu has been one of the biggest savings of Ethereum whales for years. The meme token has always been among the top 10 in the wallets of major investors. However, it has been losing its popularity lately and has now dropped from 1st and 2nd place to 5th place. It remains among the top 10 in terms of trading volume. SHIB is also at a lower point in whale accumulation than last year. During the 2021 bull season, the total SHIB the whales kept in their wallets averaged around a billion dollars. At the end of October last year, the SHIB price reached a historic high. It found the ATH price at $0.00008845. It has since been on the decline, along with Bitcoin and Ethereum. The cryptocurrency market suffered a heavy drop, fueled by well-known events that began in late February and spurred by the ensuing energy price crisis. During the summer, the whales' SHIB balances began to shrink drastically. It first fell below $1 million, then fell below $500 million. It eventually went under $100 million. In October, they fell below the $80 million mark and are "stably" holding $70 million. At the time of writing, the whale portfolios contain $74,511,078 worth of SHIB. Sometimes whales choose to buy million-dollar SHIBs. But then he sells them when the situation in the market becomes more favorable. It looks like it will be very important for the 2023 SHIB. People are still quite inexperienced with cryptocurrencies and will suffer for a long time if they do not know exactly what they are investing in.

8) Trust Wallet (TWT) up 90 percent: “Can do 100x”

Binance CEO CZ highly praised the altcoin project. As we reported on Tokensboss.com, CZ said that Trust Wallet is much better than exchanges for hosting Bitcoin. After that, the TWT price started to rise with a huge popularity boost. It has increased by over 90% in just a few days. This increase also caused the token to hit a new high of $2.40 on November 14. Currently, the crypto industry's biggest whales are predicting a nearly 100-fold price increase for Trust Wallet by 2023. This is extremely difficult but possible. Binance, the world's largest cryptocurrency exchange by trading volume, invests in many projects. Changpeng Zhao, who sits in the CEO seat of the exchange, praised one of these projects in the past days. The CEO's post on Twitter came just days after the results of the FTX exchange. With the legacy of FTX, the crypto world has entered a new crisis and the prices of many assets have dropped. However, Trust Wallet (TWT), which CZ praised in his tweet, managed to maintain its rise. This rise caught the attention of focal points and the project gained significant support. In addition to CZ, the FED also appeared as a factor that drove the price of the cryptocurrency up. The dove stance of Fed Chairman Jerome Powell triggered a moderate recovery in the cryptocurrency market. The US dollar was also next to cryptocurrencies. The dollar fell more than 1.5% in global markets, hitting a three-month low. In fact, the global cryptocurrency market has been struggling in recent weeks. The developments, however, stopped the decline and ignited a minor rebound today. Bitcoin (BTC) and Ethereum (ETH), the most valuable cryptocurrencies, surpassed $17,000 and $1,200 respectively. The live Trust Wallet Token price today is $2,31 USD with a 24-hour trading volume of $115.291.653 USD. We update our TWT to USD price in real-time. Trust Wallet Token is down 4,81% in the last 24 hours. The current CoinMarketCap ranking is #44, with a live market cap of $963.972.852 USD. It has a circulating supply of 416.649.900 TWT coins and a max. supply of 1.000.000.000 TWT coins. Trust Wallet Token or TWT is a simple BEP-20 service token that provides various benefits and incentives to Trust Wallet users. Trust Wallet is a mobile cryptocurrency wallet that supports dozens of popular native assets in addition to popular tokens on the Ethereum, Binance and TRON blockchains.

7) Demand for this altcoin skyrocketed 600% on Google in DOGE USA

The popular meme coin Dogecoin (DOGE) has unfortunately lost the momentum it gained after Tesla CEO Elon Musk took over Twitter. DOGE is content to post small gains for now. However, it is witnessing increased interest among potential US investors at a time like this. Notably, interest in the keyword 'Buy Dogecoin' in the US has increased by 625% in the last three months, according to data from December 2 in Google Trends. Meanwhile, for the week ending November 28, this search had a popularity score of 58. For comparison, during the week of September 5, the search's popularity score was just 8. Dogecoin has a history of massive price spikes that happen every three to four years. For example, after years of nearing worthless levels, Dogecoin surged 6500% between mid-2017 and January 2018, from $0.0003 to $0.019 per token. Dogecoin continued to trade between $0.001 and $0.006 per token between early January 2018 and December 2020. It then experienced a 25,000% increase between December 2020 and May 2021, reaching a record high of over $0.76. It has since traded at between $0.05 and $0.15 per token for most of 2022. Based on Dogecoin's past performance, it may take a few months or a few years for a big uptrend to begin. This means that Dogecoin can reach not only the $1.0 level but also the $3.0 level in 2023. What could start such a rally? First, as mentioned above, speculation that Elon Musk might integrate the Dogecoin blockchain into his Twitter payment system may come true, creating significant adoption and demand for the meme coin. On the other hand, Dogecoin is likely to lead crypto adoption which could also benefit its major competitors like Bitcoin, Litecoin and Ethereum in the long run. If economic conditions push some central banks, such as the Federal Reserve, to cut interest rates in 2023, this could be positive for cryptocurrencies, which are still traded as speculative risk assets and tend to outperform when financial conditions are more favourable.

6) Litecoin halving

Experts predict that the main driver of recent price increases will be halving. Halving is one of the most interesting features of a Proof-of-Work (PoW) cryptocurrencies like Litecoin. In a halving, there is a change in the crypto supply determined by an algorithm. This directly affects miners. Because the reward for generating new cryptocurrencies is halved. Currently, Litecoin miners earn 12.5 coins each time they successfully mine a new block. In August 2023, this figure will change to 6.25. In 2027, this figure will change to 3,125. The net result will be a slower growth of the Litecoin supply over time. Just like Bitcoin, Litecoin experiences one of these halvings every four years. Also, both of these events have triggered a rally in Litecoin in the past (in 2015 and 2019). As traders have pointed out, Litecoin has shown a similar pattern in past halving events. That is, a market bottom followed by a gradual increase in price in the timeframe leading up to the halving. Afterwards, there was a rapid price increase that continued for a long time during the halving. It makes sense to think about crypto mining in the same way as gold mining. In this way, the impact of the halving on the price becomes intuitively clear. Imagine what would happen if every four years the world's gold miners announced that they could mine only half as much gold from their mines in the future. It will naturally tend to increase the price of gold. In many ways, this is the same phenomenon that is happening with Litecoin right now.

5) What Is IMPT Called “Eco-Friendly Coin”?

Aiming to reduce carbon emissions, IMPT is based on an environmentally friendly structure and stands out as the best crypto project of 2022. We mentioned above that 2022 is a generally stagnant year for cryptocurrencies. Despite this stagnation, IMPT tokens, which were released on October 3, have already reached an important position among environmentally friendly coins and completed the first stage of the pre-sale process, which is planned in 3 stages, by selling 3 million 240 thousand dollars worth of IMPT tokens. At the forefront of the features offered by IMPT is a plan in which serious measures are taken for carbon emission. Under this plan, investors and people who prefer to use the IMPT token while shopping are offered the opportunity to participate in the carbon offset program. Although the IMPT project was published very recently, it is announced that agreements have been made with over 10 thousand popular organizations for now. It is worth emphasizing that these developments are details that should not be overlooked. Because the IMPT project, which has grown so fast in a short time, shows that it can easily achieve greater success in the future compared to Solana. IMPT tokens, which started the first phase of the pre-sale on October 3, were completed with a rapid sale of the tokens before the scheduled completion date of the first phase. In the first week, the amount obtained from token sales reached the level of 3 million tons 240 thousand dollars. This concrete success of the IMPT project is one of the best indicators that the project is advancing with strong steps. As we are currently in the 2nd phase of the pre-sale, it has been announced that the 2nd phase will end on January 31st. Assets sold with a supply of 600 million tokens over $0.018 in the first stage are sold with a supply of 660 million tokens over $0.023 in the current second stage. It should be noted that there is also a dynamic table on the website of the platform where the pre-sale stages can be followed live. According to the information currently published in the relevant table, half of the sales process has been completed and it is thought that the second stage will be completed before the specified date, just as it was experienced in the first stage. In the final stage of the sale, it is stated that 540 million tokens will be sold at $ 0.028.

4) Avalanche and Alibaba become partners

Avalanche has announced that it has been incorporated into Alibaba Cloud's public blockchain. Thus, Alibaba will support validators and provide cutting-edge infrastructure. Also, according to the announcement, the new partnership will lead users to launch validator nodes through the service. Apart from that, it will allow Alibaba Cloud to access computing, storage and distribution resources through its suite of products. Avalanche is an eco-friendly smart contract platform. It features transactional certainty and a new scaling technology that enables both institutions and individuals to create private blockchains as a service. Avalanche developers looking to launch new Avalanche validators can easily do so with Alibaba Cloud's plug and play infrastructure as a service (IaaS/Infastructure as a Service). To keep up with user activity, application developers can also add additional cloud infrastructure to support their applications during peak demand. Founded in 2009, Alibaba Cloud, the technology and intelligence backbone of Alibaba Group, is Asia Pacific's leading IaaS provider. On the other hand, Avalanche Elastic provides a comprehensive suite of cloud computing services to customers worldwide, including computing, database, storage, network virtualization, large-scale computing, security, management and application services. Since its launch in September 2020, Avalanche; Aave has more than 1,000 projects built on the platform, including top DeFi projects like Curve, BENQi, Sushi, and Chainlink, and enterprise apps for leaders like Deloitte and Lemonade. The network is currently protected by more than 1,200 validators. It also processes an average of two million transactions per day. Following these developments, the value of Avalanche's AVAX altcoin rose. AVAX managed to rise from $12.99 to $13.70 on a daily basis. At the time of writing, it is changing hands at $13.38, up 2.6 percent. In other words, it slightly rasped its earnings after the development. Meanwhile, the coin is about 90 percent below its all-time high of $146, recorded on November 21, 2021. As AVAX Proje, it is thought to be one of the most popular investment tools in 2023, known as the crypto currency that shapes the future.

3) SwissBorg Can Surprise

SwissBorg is an Ethereum-based Blockchain platform that provides various tools and infrastructure for users to easily manage their assets. This platform leverages an asset app, smart yield feature, and CHSB token. It also works in a community-based and decentralized way. Founded in 2017 in Lausanne, Switzerland, the platform has continued to grow since then. The project managed to raise $57 million during the ICO in December 2017. Today the project works with over 180 members from 200 countries. One of the most outstanding features of SwissBorg is that it is fully compliant with Swiss law. This makes it a platform open to adoption across the country. This asset management platform aims to simplify the crypto investment process. In doing so, it integrates with major digital asset exchanges and promotes community-based ownership. It is also the first Blockchain-based asset management platform to do so. The platform can be used with the "Wealth App" application on both IOS and Google Play. Working on Ethereum and Gnosis Blockchain networks, SwissBorg is currently available in over 100 countries. Therefore, it is possible to say that it is a crypto project with high adoption. However, the ecosystem supports many successful cryptocurrencies, including BTC, ETH, CHSB, USDC, BNB and XRP. In addition to cryptocurrencies, users can manage over 16 fiat currencies on the platform. This means that SwissBorg's users can use a wide range of assets. CHSB coin powers the entire SwissBorg ecosystem. Apart from ensuring the decentralization of the platform, it provides a number of advantages to the users. Accordingly, coin holders can vote in the management of the platform through their assets. However, they earn a discount on gas fees charged on transfers made through the asset management app. Finally, the CHSB coin can also be used for passive earnings through staking. This means that assets can be locked onto the platform and provide additional token rewards at certain rates. - SwissBorg (CHSB) Price Forecast January 2023 : For January 2023, SwissBorg (CHSB) price can reach a minimum value of $0.25 while maximum estimated price is around $0.28. The average price for CHSB is predicted to reach $0.27 in January 2023. - SwissBorg (CHSB) Price Forecast February 2023 : SwissBorg price is predicted to reach the monthly average limit of $0.27 for February, while the coin will be traded between a maximum of $0.29 and a minimum of $0.26. - SwissBorg (CHSB) Price Forecast March 2023 : For March, SwissBorg price is expected to reach an average monthly limit of $0.28, while the coin will be trading between a maximum of $0.30 Read the full article

Million Dollar “Rug Pulling” Event Drops Altcoin Price 99 Percent!

Million Dollar “Rug Pull” Incident Happened. The Price of One AltCoin has fallen rapidly after the Rug Pull. The altcoin market is witnessing a new fraud case. WhaleFarm, a DeFi project that makes big promises, is causing another “rug pull” thing. The altcoin price dropped 99 percent after this event.

WhaleFarm Token is the newest scam to hit investors

WhaleFarm, a DeFi project with a completely anonymous team that launched Farming days ago, has stolen more than $2 million from investors in the industry's latest rug pull. As expected, the value of the project's native cryptocurrency dropped almost 100% within minutes. Let's examine the details of this event together… - Launched earlier this month, WhaleFarm started trading with high promises to investors as it offers the opportunity to earn up to 7,217,848% APY by staking multiple cryptocurrencies, including BNB, BUSD, USDT, BTC, ETH, ADA, DOT and LINK. - While this percentage sounds too good to be true, the project has actually seen some growth and the native cryptocurrency WhaleFarm Token has gained in value. - This turned out to be a scam, as sometimes happens in the DeFi market, especially since the promised returns are disproportionate. - As popular crypto commentator Mr.Whale noted, there were already warning signs. Except for the promised 7,217,848 APY, the team was completely anonymous. WhaleFarm Token is the most recent scam to pull the rug on investors. It's estimated they stole over $2.3 million. - Fully anonymous team - Promised 7.2 million % in returns - The token is now down -99.99% - Twitter page deactivated - Telegram group deleted pic.twitter.com/Ye6CZ9HgUt— Mr. Whale (@CryptoWhale) June 30, 2021 The same team also deleted the Twitter page and the official Telegram group, which can serve as proof that this is indeed a "carpet pull". Initial estimates put the amount stolen at around $2.3 million. As the chart below shows, WhaleFarm Token has dropped almost 100% minutes after the event and is currently still trading below $0.20. As mentioned above, “carpet pulling” is not uncommon in the cryptocurrency market. As Cryptokoin.com has previously reported, similar events have occurred in the market in the past. One of them came from TurtleDex, which poured $2.5 million into Binance Coin. Before that, there was Meerkat Finance, which stole around $30 million in BUSD and BNB from investors. Uranium Finance was one of the newest examples of carpet pulling at the end of April, with around $50 million. Read the full article

Elon Musk's latest attempt to pump Dogecoin fails miserably. He’s becoming irrelevant!

Elon Musk's latest attempt to pump Dogecoin fails miserably. He’s becoming irrelevant! View Reddit by ControlPotential - View Source Read the full article

Bitcoin (BTC) Mining Council Paints a Positive Picture on Sustainable Energy

The Bitcoin Mining Council (BMC) has published its first research for the energy used by the Bitcoin network. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. BMC is a new project set out with the goal of setting new standards for transparency in Bitcoin's increasingly controversial energy use. BMC claims to have collected data from over 32% of the current global Bitcoin network in its first volunteer survey. The findings suggest that the global Bitcoin ecosystem uses 56% sustainable energy. Still, the nature of the extrapolation and methodology illustrates how the survey's result can be overly optimistic. The research was largely based on the responses of BMC members and included only three questions according to the methodology. - How much electricity does your total fleet consume today? - What is the total percentage of sustainable electricity in the electricity your fleet uses today? - What is the total hash rate of your fleet today? In addition to the fact that the responses are voluntary, the research does not include the definition of "sustainable electricity" and there is no oversight in the figures reported. This makes it difficult to draw valid conclusions. The research comes just after China terminated its mining activities within the country. It is worth remembering that with the cessation of operations in China, the Bitcoin hash rate has also dropped seriously. Read the full article

Famous Trader Announces 2 Altcoins That Will Explode After Institutional Adoption

Crypto trader Tyler Swope states that a billion-dollar capital will flow into two digital assets, and these altcoins will lead to the next altcoin boom. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. Swope told its 255,000 YouTube subscribers that Compound Finance (COMP) will rise much higher on the list of crypto assets by market cap. Swope cited an announcement that blockchain giant Circle announced that it will use Compound Finance in its plans to provide businesses with access to DeFi credit markets and other services. “This DeFi protocol will be the first to work with Circle's DeFi API… So why would they make such a choice? The first one went very low on the charts, dropping to 58th place, while a bunch of silly tokens rank higher even though they were of no use. Even C tokens like CETH, CDAI, CUSDC ranked higher than Compound's governance token. The fact that these tokens are higher proves the heavy use of the Compound Finance protocol. I think this token should be higher than the tokens I mentioned. At least in the top 30 cryptos” Compound is trading at $373.58 at the time of writing. It is currently ranked 50th on Coinecko. Another altcoin Swope mentions is Unibright (UBT), which develops enterprise blockchain solutions and builds integration platforms and ecosystems for tokenized assets. Unibright also plays a key role in the development of Baseline Protocol and Baseledger, an open-source initiative to provide a range of new blockchain-based services to commercial enterprises. According to CoinGecko, UBT is trading at $1.27 at the time of writing. It ranks 191st in the crypto currency ranking. Read the full article

Bitcoin (BTC) Now Available in Elrond (EGLD) Network's Maiar App

Elrond Network, the developer of the Elrond (EGLD) blockchain protocol, has launched its own financial application, Bitcoin (BTC) on Maiar. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. Adding Bitcoin to Maiar will accelerate the adoption of the money app and Elrond blockchain infrastructure, according to Beniamin Mincu, CEO of Elrond Network. Maiar app allows you to get a guardianship-free blockchain wallet that works on any smartphone. The most important advantage of Maiar is that there is no need to use complex address names such as 1HLOD9E4SDFFPDYFNYNKBLQ85Y51J3ZB1. It is possible to replace these with easy nicknames, which Elrond calls "herotags". 400,000 users used the Maiar app in just 4 months. The app is available in six languages ​​(English, Spanish, French, German, Romanian and Indonesian) on Android and iOS. Read the full article

Anthony Scaramucci Thinks It Would Be Positive For China To Quit Mining

Anthony Scaramucci, CEO and founder of SkyBridge Capital, spoke on the Squawk Box about the effects of China's pressure on miners. Scaramucci believes that China's move will be beneficial in the long run, even if the developments have a negative impact on the value of Bitcoin (BTC).

A Positive Development

Although the decline of Bitcoin has worried some segments, Scaramucci looks at the issue from a positive angle. Scaramucci believes that the environmental problems created by Bitcoin are gradually disappearing thanks to this move by China. Scaramucci also reminded that according to Michael Saylor, MicroStrategy CEO and president of the Bitcoin Mining Association, 56% of all BTC mining operations are conducted using green energy. Read the full article

Binance Responds to Barclays' Move

Binance, the world's largest cryptocurrency exchange, made a statement on its Twitter account after the leading British bank Barclays stopped making payments to the exchange by credit and debit cards. It’s disappointing to learn that some partners are taking unilateral action to stop servicing Binance users based on what appears to be an inaccurate understanding of events. (thread) - Binance (@binance) July 5, 2021 Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. In the statement made on Binance's Twitter account, the following statements were included: It's very disappointing to see some of our partners taking unilateral steps to stop serving Binance users as a result of their misunderstanding of things. Our partner referred its users to an FCA notice sent to Binance Markets Limited (BML). The company said it took this action to keep people's money safe. We have always taken the security of our users' money very seriously. The FCA's statement was not about user deposits. The FCA statement relates to BML, an FCA regulated company incorporated in the United Kingdom. BML is a separate legal entity and does not offer any services or products through binance.com. If our partners have any concerns, we welcome a meeting to discuss the matter. For questions about BML, please contact with. We take our compliance obligations very seriously and are committed to working collaboratively with regulators to shape policies that protect consumers, foster innovation and advance the industry. Read the full article

The World's Top Cryptocurrency Producing Countries +7

The List of the World's Top Cryptocurrency Producing Countries Continues to Grow. With the arrival of Iran, the list of the world's most crypto money producing countries has become clear. The world's largest crypto money producers were determined in the first 7 rows. It has been announced that Iran is one of the 7 countries that produces the most crypto money in the world, along with China, Russia, USA, Kazakhstan, Canada and Iceland due to its discounted electricity tariffs. Mohammed Hudadadi Behlül, who is the head of the electricity supply unit to the crypto money production centers within the Iranian Electricity Production and Distribution Company, made a statement about the production of crypto money in the country. Behlül stated that his country is one of the 7 countries that produce the most crypto money in the world, along with China, Russia, USA, Kazakhstan, Canada and Iceland, due to the discounted electricity tariffs, and said that this causes the consumption of high amount of electricity energy.

Explaining that they have confiscated 196,233 unauthorized crypto money production devices in Iran so far, Behlül stated that the electricity consumption of these devices is more than 570 megawatts and an 800 megawatt power plant should be established to meet this. Behlül stated that the electricity consumed for the production of a bitcoin corresponds to the electricity consumed by 35 thousand households, and asked the public to notify the centers where unauthorized crypto money is produced. Due to mass power cuts in Iran, Bitcoin mining activities in the country were suspended on the order of President Hassan Rouhani on May 26. The Bitcoin mining ban will last until September 22. In his statement on June 8, Rouhani said that necessary steps are taken to legalize cryptocurrency activities in the country and protect the capital of citizens investing in this space.

Most cryptocurrencies are produced in these countries

After the announcement that Iran is one of the 7 countries that produce the most crypto money in the world, along with China, Russia, USA, Kazakhstan, Canada and Iceland, due to discounted electricity tariffs, the world's largest crypto money producing countries have become clear. Nigeria takes the first place with 33 percent, followed by Vietnam with 21 percent and the Philippines with 20 percent. The countries that use the least cryptocurrencies are Japan and Denmark with 4 percent. Bitcoin, the most well-known cryptocurrency, has yielded more than 450 percent on the US dollar in the last year. According to the research conducted by the World Economic Forum, the citizens of the countries that use crypto money the most in the world have been announced. With the entry of millennials into the market as investors, the popularity of cryptocurrencies has increased day by day, especially in Africa and Asia. In the research conducted on the world's 74 largest economies, Europe, America, Asia and Africa, Nigeria ranked first in the use of cryptocurrencies with 33 percent. Read the full article

Famous Trader Announces 2 Altcoins That Will Explode After Institutional Adoption

Crypto trader Tyler Swope states that a billion-dollar capital will flow into two digital assets, and these altcoins will lead to the next altcoin boom. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. Swope told its 255,000 YouTube subscribers that Compound Finance (COMP) will rise much higher on the list of crypto assets by market cap. Swope cited an announcement that blockchain giant Circle announced that it will use Compound Finance in its plans to provide businesses with access to DeFi credit markets and other services. “This DeFi protocol will be the first to work with Circle's DeFi API… So why would they make such a choice? The first one went very low on the charts, dropping to 58th place, while a bunch of silly tokens rank higher even though they were of no use. Even C tokens like CETH, CDAI, CUSDC ranked higher than Compound's governance token. The fact that these tokens are higher proves the heavy use of the Compound Finance protocol. I think this token should be higher than the tokens I mentioned. At least in the top 30 cryptos” Compound is trading at $373.58 at the time of writing. It is currently ranked 50th on Coinecko. Another altcoin Swope mentions is Unibright (UBT), which develops enterprise blockchain solutions and builds integration platforms and ecosystems for tokenized assets. Unibright also plays a key role in the development of Baseline Protocol and Baseledger, an open-source initiative to provide a range of new blockchain-based services to commercial enterprises. According to CoinGecko, UBT is trading at $1.27 at the time of writing. It ranks 191st in the crypto currency ranking. Read the full article

Cryptocurrency Exchange Binance Suspends SEPA Transfers

The world's largest cryptocurrency exchange, Binance, has notified its users that it has suspended SEPA transfers. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. According to an email sent by Binance to its users, the exchange has suspended SEPA transfers. The following statements were included in the e-mail sent: “Due to events beyond our control, we are temporarily suspending EUR deposits via SEPA Bank Transfers from 08:00 UTC (11:00 UTC) on 7 July 2021. You can still deposit EUR and/or buy cryptocurrencies with credit or debit cards on Binance.” The suspension of SEPA transfers means that Binance users will lose access to one of the most common payment channels in Europe. Binance did not explain why it had to suspend SEPA payments. However, there are various speculations regarding the reason for this. Binance has been working with Clear Junction bank to manage SEPA payments since June 2020. The bank may have chosen to stop working with Binance due to recent FCA actions against Binance. Binance can re-enable SEPA transfers when it finds a new banking partner to work with. “We are working hard with our partners to find a solution and we appreciate your patience,” the exchange emailed. statements were also included. The message from Binance also states that pending SEPA payments will be returned to customers within a week. Read the full article

Flare Announces Plan to Distribute 100,000,000,000 Spark Tokens to XRP Holders

Flare Network's long-awaited airdrop to XRP holders could be ready with a final plan confirmed. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. Flare, which has been planning to distribute Spark (FLR) to XRP holders for months, will reveal how the distribution will be for the first time. summarized. Flare says that once the network goes live, each qualifying person will immediately receive 15% of their Spark tokens, followed by an average of 3% per month, continuing for a minimum of 25 months and a maximum of 34 months. He also says that this slow rollout is designed to avoid excessive selling pressure or other negative effects on the Spark token: “There has always been a point where we make it clear that XRP holders are the best people to provide capital to support the reliable issuance of FXRP on Flare. The only way to ensure this fairly is the Spark distribution that we think will take place. Rather than adopting Flare and Spark for the benefit it creates, a certain percentage of people will want to claim Spark simply because they believe it's 'free money'. To mitigate the negative effects of this dynamic, the amount of liquidity that can be released at any given time is limited by the extended unlock process.” Flare Networks and its native token Spark aim to bring smart contract capabilities to various blockchain networks, starting with XRP and then Litecoin (LTC). Flare previously said that they would let the community decide how the distribution should be done, but as a result, they made the opposite decision. The previous decision by the community on distribution was partly driven by concerns about tax implications. Flare said anyone who is concerned about their tax obligations can opt out of the 3% monthly distribution. Read the full article

Made a killing on DOGEcoin this year thanks Elon. Just got my model Y today and paid off my business debt! Woot woot!

Made a killing on DOGEcoin this year thanks Elon. Just got my model Y today and paid off my business debt! Woot woot! View Reddit by hooveram - View Source Read the full article

Hit the ⬆️ button if you think Shiba Inu will knock a zero this weekend!!!! #shibarmy #shibinu

Hit the ⬆️ button if you think Shiba Inu will knock a zero this weekend!!!! #shibarmy #shibinu View Reddit by jchenpro - View Source Read the full article

China Makes Digital Yuan Available at 3000 ATMs

China continues its efforts to increase the adoption of the digital yuan. The country held lotteries to boost the popularity of the digital currency. More than $40 million digital yuan has been distributed so far. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. China hopes to boost digital yuan adoption by adding digital yuan support to more than 3,000 ATMs in Beijing. Citizens will be able to withdraw the digital yuan in cash and vice versa.

Available at ATMs

The Industrial and Commercial Bank of China (ICBC) announced that it has made the digital yuan available at more than 3,000 ATMs in Beijing. China became the first country to implement a central bank digital currency (CDBC). The digital yuan has proven popular, especially since the Covid-19 pandemic hit the country. Citizens will be able to use ATMs to cash out digital yuan and vice versa. Prior to this announcement, only 10 ATMs in Beijing supported digital currency. To further increase adoption, China is running lotteries in six cities. More than $40 million in giveaways has been distributed since October. China has also joined forces with the United Arab Emirates, another country that has implemented a digital currency, to create a global payment network based on CBDCs. Current members include the BIS Innovation Centre, the Hong Kong Monetary Authority and the Bank of Thailand. China and the United Arab Emirates are not the only countries preparing for the CBDC world. Indonesia also recently announced plans to issue a digital currency due to the boom in digital transactions amid the COVID-19 crisis. Read the full article

Bitcoin (BTC) Whales Accumulated $3,380,000,000 in BTC in Less than a Month

Bitcoin (BTC) whales are currently busy storing Bitcoin. The asset's value slumped from its all-time high of around $65,000 to just under $40,000. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. Bitcoin addresses holding 100 to 10,000 BTC have bought a total of 90,000 Bitcoins in the last 25 days, according to crypto analytics firm Santiment. It is currently worth $3.38 billion in total. The amount held by these Bitcoin holders is almost half of the circulating supply of the cryptocurrency, Santiment reported. “They have a 7-week high of 9.11 million BTC, which is currently worth a total of $366.89 billion and is worth 48.7% of the total Bitcoin supply.” In addition, Blockchain analytics firm Glassnode says that the miners powering the network now hold more Bitcoin. Weekly Bitcoin outflows from miner addresses dropped to about $1.7 million, the lowest level in the last five months. Read the full article

Philippine Stock Exchange Wants to Offer Cryptocurrency Service

The Philippine Stock Exchange (PSE), the national stock exchange of the Philippines, wants to provide cryptocurrency trading when regulators give it the green light. Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel. PSE chairman and CEO Ramon Monzon told CNN Philippines on Friday that the exchange would be an ideal platform for trading cryptocurrencies because it has both trading infrastructure and investor protection measures. However, Monzon said that the PSE is currently awaiting guidelines from the Philippine Securities and Exchange Commission (SEC) and other regulators regarding cryptocurrencies. In 2019, the SEC said it would publish draft guidelines for crypto exchanges. Last year, SEC chairman Emilio Aquino said the SEC had draft rules with public comments and wanted to finalize them. However, the regulator has not yet released any official statement. Last year, the Philippines central bank approved several cryptocurrency exchanges in the country, including Bitan Moneytech, Rebittance Virtual Currency Philippines, and Bexpress. The central bank requires cryptocurrency exchanges to register as remittance and transfer companies. Exchanges also need to take other measures, including anti-money laundering and consumer protection mechanisms. Read the full article