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    Saturday, March 5, 2022

    Crypto Currency Markets Switzerland's 'Lugano' Becomes First European City To Make Bitcoin, USDT And LVGA Token Its Legal Tender

    Crypto Currency Markets Switzerland's 'Lugano' Becomes First European City To Make Bitcoin, USDT And LVGA Token Its Legal Tender


    Switzerland's 'Lugano' Becomes First European City To Make Bitcoin, USDT And LVGA Token Its Legal Tender

    Posted: 04 Mar 2022 08:29 AM PST

    Look for projects similar to those that succeed

    Posted: 04 Mar 2022 10:56 PM PST

    This concept perplexes a lot of individuals, especially those who watch new currencies rise in value and feel bad about not investing or being a part of the Launchpad before it became popular. When a token performs well, it is common for other tokens with comparable mechanisms and utility to do well as well.

    This was the situation with large capital tokens such as BTC and ETH, which frequently pump and increase at the same time. It's also true for coins dedicated to football teams like PSG and BAR, as well as their parent company, Chiliz. This might also be the case with NFT game tokens Axie and Kitty. Birds of a feather, as the saying goes, flock together.

    Pay attention to what's hot, and if it's too far along in its ascent, look for a comparable concept or project to invest in. This scenario is common for many tokens, and I've seen a lot of individuals try to retaliate by revenge trading and taking a loss rather than investing in a new and comparable business.

    Pay attention to the market; it will determine whether or not you will be successful. This is what defines your PNL ratio; maintain it at all times.

    submitted by /u/juerdbvd
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    The internet's future and how it will be used.

    Posted: 04 Mar 2022 10:03 PM PST

    Various concepts have been introduced into the market that allow you to earn money simply by sharing your internet connection. They do, however, pay in fiat currencies. These days, you can be compensated for the extra bandwidth you don't use. It's a new business that was released in 2020, if my memory serves me correctly.

    Basically, if you have a computer that has been turned on for several hours and is connected to a reliable internet connection, you have everything you need to earn money passively. You can now do this and earn some passive income as a result. There are other ways to make money in crypto, such as staking, lending, or farming, but each comes with its own set of risks.

    However, bandwidth sharing is something you can think about, and some crypto projects have already started doing so, one of which is PKT cash.

    PKT is a layer-1 protocol that is completely decentralised. It's made to send high-speed data around the world and provide internet access without the need for monopolistic ISPs. The Network Steward, a democratically elected wallet address that provides grants for technology and infrastructure development, receives 20% of every mined block.

    Turn Your Bandwidth Into Cash. PacketCrypt, the world's first bandwidth-hard proof of work, is used by PKT. When you connect your home or office internet to the PKT Network, you can earn PKT Cash (PKT).

    submitted by /u/cfhsofttcjfry
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    The volume of Russian crypto on big exchanges has dropped by 50%

    Posted: 04 Mar 2022 09:26 PM PST

    Despite further economic penalties on Russia, the volume of cryptocurrency bought in rubles on big exchanges continues to decline. Russian denominated crypto purchase and trading on key exchanges has stalled, according to data from blockchain-analysis firms, contradicting notions that the country will convert to digital assets to avoid sanctions.

    When Bitcoin surged over 15% last week, several industry analysts blamed it on Russians buying cryptocurrencies in the face of tightening economic sanctions. This notion appears to be inaccurate, as data from Chainalysis shows that the amount of ruble-denominated crypto trade was just $34.1 million on March 3, less than half of the previous high of $70.7 million a week earlier on Feb. 24. Despite the fact that experts dismiss the suggestion that crypto may be used to assist Russia avoid economic sanctions, the United States and the European Union continue to tighten their regulatory oversight over digital assets.

    In my opinion, I think the war will cause crypto regulations or even bans to be introduced sooner in many other countries. Until then, I will continue to DCA into my favorite cryptocurrencies, mainly DeFi like Aggregated Finance, and the top 15 cryptocurrencies by market cap.

    submitted by /u/crandalljft
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    LBank Exchange Will List Apollo Inu (APOLLO) on March 9, 2022

    Posted: 04 Mar 2022 09:15 PM PST

    Ukraine conflict: Government to sell NFTs to fund war against Russia

    Posted: 04 Mar 2022 09:32 PM PST

    Ukraine's government has said it will issue non-fungible tokens (NFTs) to fund its military as they defend the country against the Russian invasion.

    The announcement by deputy prime minister Mykhailo Fedorov comes in the same week the country raised more than £200m from the sale of war bonds.

    The bonds are one of a number of ways Ukraine is using to raise funds.

    The government is also in talks with the International Monetary Fund (IMF) and World Bank over emergency.

    In a Tweet, Mr Fedorov said the NFTs will be launched "soon".

    However, there were no plans to sell fungible tokens, of which cryptocurrencies are a prime example, he added.

    NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other piece of property, but which have no tangible form of their own.

    The digital tokens can be thought of as certificates of ownership for virtual or physical assets.

    The announcement is the latest sign that the Ukrainian government is embracing digital assets as it looks for new ways to raise money to pay for its military. If they sold the NFTs on OpenSea or deedly.digital, I am sure that people would buy it for a lot.

    submitted by /u/cfhsofttcjfry
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    Catching a gem early is the best you can do to your portfolio

    Posted: 04 Mar 2022 10:38 PM PST

    Most people are unaware of how profitable it is to locate gem coins online. Fortunately, with the support of my seasoned trading pals, I was swiftly pushed on to realize the potential of this form of trading and searching when I began making 50x on my first deals in 2020.

    It's critical to capture a good coin early, as long as it's a good coin that has been well analyzed. Scams and rug pulls are the most common risks in this form of trade. As was the situation with the SQUID token following the Netflix release of the Squid game series. They took advantage of the buzz to make some money and pull the rug out from under the ones at the top.

    If you've been trading for a while, you should find this to be a simple read. The first stage is to examine the team and ensure that they are well-equipped and experienced. You should also consider the investors and funders who will provide the project with cash.

    One thing to consider is their marketing performance; good new ventures will frequently recognize the value of marketing and invest heavily in their marketing efforts. Bad ventures will frequently go beyond in their marketing and pull the rug out from under them as soon as they reach a tremendous peak and begin to decline.

    Read their plan and research their philosophy and long-term objectives to determine whether a coin is a good one or a shitcoin. This is the method I try to use when I'm looking for new opportunities and tokens in the market, like as when I first discovered FET or when I'm looking at Kitty Inu right now. The latter appears to be successful, as it enters the lucrative industry of NFT gaming and game tokens. It's all really strong.

    submitted by /u/juerdbvd
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    The crypto market now has a slew of ground-breaking platforms that have allowed users to solve a variety of real-world problems in fields like digital finance, healthcare, artificial intelligence, and Web3, to name a few.

    Posted: 04 Mar 2022 09:40 PM PST

    Projects that use cryptocurrency to solve real-world problems will usher in a revolution. The cryptocurrency ecosystem is exploding at breakneck speed around the world. The true economic and social potential of decentralised platforms is becoming increasingly apparent to a growing number of people.

    "There are numerous projects available in the fields of finance, health, and real estate. All of them have real-world applications and a large growth potential, as the price will rise as soon as widespread adoption occurs. Some well-known projects, like xrp, have the potential to solve a real-world problem while also establishing themselves as major industry players.

    It is well-known for its super-fast speeds and low fees. The only stumbling block is a pending lawsuit involving xrp. Another project that helps humans in Africa is the bob eco coin. This is a fresh face on the scene! Tens of thousands of jobs have been created, and a war on pollution has been declared, thanks to the world of Security Tokens."

    As cryptocurrency adoption grows, people are gravitating toward cause-based projects, also known as utility-based tokens in the crypto world. This, too, will necessitate a great deal of investigation. Many market projects deceive people by promising things that aren't true. We should look at good projects and be early adopters of undervalued projects as adoption grows. There will be numerous projects in various fields, such as finance and supply chain.

    submitted by /u/quinndhd
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    In Honor of March Madness, You can Make a crypto bracket, and then vote for your favorite coin to win in each round. Best Bracket can win 5 grand!

    Posted: 04 Mar 2022 04:07 PM PST

    New Cardano DEX Hopes to Overcome Chain's Scaling Woes

    Posted: 04 Mar 2022 07:09 PM PST

    Papa Johns giving away NFTs issued on Tezos

    Posted: 04 Mar 2022 07:08 PM PST

    One day every artist is going to realize the potential of crypto through Music NFTs

    Posted: 04 Mar 2022 05:43 PM PST

    Gal Gadot Backed Cardano DEX AdaSwap Has Just Raised $2.6 Million

    Posted: 04 Mar 2022 07:06 PM PST

    People who day-trade crypto, how do you do it?

    Posted: 04 Mar 2022 11:47 PM PST

    I just saw this video and I suppose: are you successful consistently enough to do it for a living? What confuses me is that cryptocurrencies appear to essentially climb and fall together (excluding meme tokens), typically following BTC most of the time; so do you just buy BTC on a weaker day and wait for a 5-10% rise? And how much does news factor into it? Do you look for the rumours to buy and await the news with notifications ready, or are you long gone before that usual sell-off begins - focusing purely on a targeted % increase? Is it almost completely luck, and do you just trade a few at a time to maximise your chances of one being successful? I just don't know how you anticipate this stuff, not to mention dealing with the stress. Thanks for any potential replies; not necessarily looking to trade myself, just interested to read the insights of crypto day-traders.

    submitted by /u/Zumcddo
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    According to Coinbase CEO Brian Armstrong, the company will not ban all Russian users

    Posted: 04 Mar 2022 07:42 PM PST

    Investment platforms v individual trading in Crypto

    Posted: 04 Mar 2022 01:10 PM PST

    Logan Paul recently had his take on the debate about the future of crypto and NFTs, and this is what he had to say:

    ''Every single human being on this planet should make every move that they do or every business endeavor or goal, or anything that they want to achieve with the metaverse and web 3.0 in the back of their minds."

    He goes on to state in the interview that he believes it will be a goldmine, and that "the potential as of now is infinite since no one knows how it will operate or what will work in this space." Crypto was once reserved for nerds and "certain individuals" in society. The perception that crypto is just for a privileged few in the population is now absurd, thanks to the 4dot ecosystem and many other investment opportunities that have since been developed. The new technologies allow anyone and everyone with capital to invest in and benefit from crypto.

    $CCF has to be one of the most important "not-so-new technology" in the blockchain ecosystem (Cross Chain Farming). It has been a quiet mover in the FaaS industry over the last few months, but it deserves every crypto trader's attention.

    It's a Defi 3.0 FaaS protocol in which investors profit from a yield farming treasury controlled by the protocol. Members are rewarded in the form of dividends and reflections, just like other investments. It's also the Binance Smart Chain's first fully audited Cross-Chain DefI 3.0 FaaS DAO. As a result, investors can keep track of their tokens in real-time. This isn't the only ecosystem that can thrive. Other projects include D3 Protocol, 4dot Launchpad, and Hera Capital, which is set to launch in 2023. Previously, you would have to spend a significant amount of time studying and analyzing these markets before making any investment, but that is no longer necessary. Enter the new player, the 4dot ecosystem, which is essentially four players in one.

    This ecosystem integrates all of the other ecosystems and invests wisely on behalf of its investors, making Defi available to everyone.

    The system is also affordable, simple to use, and extremely secure to all of the investors on board.

    submitted by /u/Extension_Ad_2645
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    Ukrainian Government Cancels Crypto Airdrop and Announces Army NFTs Instead

    Posted: 04 Mar 2022 04:34 AM PST

    Instead of an ai-generated image, customizeable nfts for personal use or amusement are the next trend cycle in NFT.

    Posted: 04 Mar 2022 08:11 PM PST

    The market for NFT avatars has exploded. Some NFTs, including those from the CryptoPunks collection, have sold for millions of dollars. This trend has sparked a lot of interest and curiosity in the NFT and crypto worlds, and many people have started their own collections as a result. However, getting started with NFT avatars can be a little daunting. To make the process go more smoothly, we'll go over what NFTs are, why they're so popular, and what we can expect in the future.

    Because of private collector capital and institutional investment, the growth of NFT avatars has the potential to skyrocket. Visa, for example, paid $150,000 for the Cryptopunk NFT "Digital avatar With Mohawk." Many other NFT avatar projects have received positive feedback as well. The Penguin NFT Club sold a Pudgy Penguin for $469,000. Ten thousand Bored Ape Yacht Club NFTs were sold within a day of their launch.

    That isn't the case. As more big companies join in, such as Reddit, Discord, and Twitter, the avatar phenomenon will become even more bizarre. The avatar phenomenon is strong primarily due to community, and most members of this community will have their own avatar, which need not be worth millions of dollars because tools such as the NFT avatar maker can help you customise your avatar with billions of possible combinations.

    The possibilities are endless.

    submitted by /u/crandalljft
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    Recent Bitcoin Rally Had Nothing to do With Sanctions on Russia

    Posted: 04 Mar 2022 05:15 AM PST

    Recent Bitcoin Rally Had Nothing to do With Sanctions on Russia

    This week Bitcoin (BTC) price rallied all the way to $44,000 levels amid reports that the recent U.S. sanctions on Russia were the reason for that. However, new data shows that talks of Russians are evading sanctions via crypto don't seem to be true.
    As per data from blockchain analytics firm Chainalysis, the ruble-denominated crypto activity on March 3 stood at $34.1 million. 1 million activity a week ago on February 24. The ruble-denominated crypto activity stood at a record $158 million in May 2021.
    Data from Citigroup also shows that the actual Bitcoin buying from Russia just stood at an average of 210 BTC per day. Thus, Russia's buying power seems to have little impact on the crypto market. Probably, it could be because of renewed whale buying as reported by Coingape.

    Russian volumes have been relatively small so far, suggesting that the price action is more due to investors positioning for an expected uptick in demand from Russia, rather than Russian demand itself. It will take meaningful capital flight to move the needle

    https://preview.redd.it/lnanby83adl81.png?width=1920&format=png&auto=webp&s=0a3fe41bf920f7db15e0e1bcfc9c4feff7df4466

    submitted by /u/SwapzoneIO
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    Are your bags ready for altcoin season? if yes what are you holding right now?

    Posted: 04 Mar 2022 02:57 PM PST

    Altcoin season is very closer than you think, and this time it will draw the line between altcoins with potential for long term hodling, and ones that don't really have any utilities.

    So basically this altcoin season will be immensely helpful for investors looking to go long term on their crypto investments, and which project suits them.

    My top picks right now are MATIC, ADA, ETH, and DOT, but mainly focusing on MATIC.

    I took advantage of the recent dip to buy MATIC at $1.4, which was insane considering that it's really undervalued.

    I chose Polygon because it has been doing some major moves this year in different markets ranging from DeFi to NFT to gaming.

    For example, Minecraft chose Polygon to launch its "NFT Worlds", and Telefonica Tech will be developing Web3 integration solutions for business on MATIC.

    submitted by /u/DeltaFrost99
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    The Increasing Use of NFT Avatars

    Posted: 04 Mar 2022 10:00 PM PST

    Because of private collector capital and institutional investment, the growth of NFT avatars has the potential to skyrocket. Visa, for example, paid $150,000 for the Cryptopunk NFT "Digital avatar With Mohawk." Many other NFT avatar projects have received positive feedback as well. The Penguin NFT Club sold a Pudgy Penguin for $469,000. Ten thousand Bored Ape Yacht Club NFTs were sold within a day of their launch.

    NFT avatars' popularity doesn't end there. Demand is also fueled by the social media movement and various networks' obsession with individuality. For example, many collectors have changed their social media profile photos to their NFT avatar headshots, and this trend has gotten the NFT community's attention. Many users post their NFT avatars on social media and in online communities like Reddit and Discord, encouraging more crypto investors to get involved.

    In the year 2022, non-fungible tokens are expected to be one of the most popular cryptocurrency trends. Many rare footballer and artwork assets were auctioned off for hundreds of thousands of dollars in 2021, indicating that the market will grow. The best way to profit technically is to invest in NFT and new crypto.

    With such widespread adoption, I believe custom nft avatars should be considered. The nft avatar maker, for example, is a tool that allows you to customise your avatar with billions of different options.

    submitted by /u/quinndhd
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    Over $20 Million in Crypto Donations Pour Into Ukraine Following Russian Invasion

    Posted: 04 Mar 2022 12:52 PM PST

    More than $20 million worth of cryptocurrency — primarily Bitcoin and Ethereum — has been donated in support of Ukraine's resistance to Russia's invasion over the last few days.

    The official Twitter account of the Ukrainian government shared two cryptocurrency wallet addresses on Saturday to receive donations of Bitcoin, Ethereum, and Tether. According to research from blockchain analytics firm Elliptic, those wallets have attracted $22.2 million worth of crypto so far.

    The prices of Bitcoin and Ethereum plunged Wednesday night after news that Russia had invaded Ukraine. Bitcoin dropped back below $35,000, and Ethereum dropped below $2,400 — though both had risen by Friday afternoon. As of Monday morning, Bitcoin was back over $40,000 and Ethereum was near $2,800.

    This activity is why decentralization of money is important. Imagine trying to move fiat, you would face restrictions. The coming of decentralized payments means like Bitcoin and Decentralized Exchanges like Fomodex.io is a blessing. Truth be told.

    submitted by /u/CatAdministrative567
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    Ukraine Now Accepts Dogecoin and Solana Donations

    Posted: 04 Mar 2022 09:11 PM PST

    The Ukrainian ruling body added Dogecoin and Solana to its list of accepted cryptocurrencies that could be sent as donations.

    The first-ever memecoin Dogecoin and Solana joined the list of cryptocurrencies that people can donate to the Ukrainian government. Until now, the nation received contributions in Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Tether (USDT).

    Mykhailo Fedorov – Vice PM and Minister of Digital Transformation of Ukraine – revealed that people could now support the country's defense by making Dogecoin and Solana donations. In his most recent tweet, he even asked Elon Musk (arguably the most prominent DOGE owner) to aid his nation's efforts.

    In a separate tweet, Fedorov mentioned a project called Aid For Ukraine, which is a joint initiative between Solana, Everstake, and the Ukrainian authorities. He also left a crypto address where people can send SOL donations supporting the charitable organization.

    Digital assets have become an important feature during the war between Russia and Ukraine. Until now, the Ukrainian government has raised around $35 million in crypto through over 35,000 donations.

    I found it restrictive that the government only accepted Bitcoin and USDT. I think I will sell some NFTs on NFT marketplace, Deedly.digital to donate.
    Earlier this week, Polkadot's Founder – Gavin Wood – sent $5 million worth of DOT to support the Ukrainian side against the Russian invasion. "This will certainly contribute to the Ukrainian victory as well as support civil people," Fedorov said in response to the donation.

    submitted by /u/cfhsofttcjfry
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    3 Crypto Myths Proved Wrong in 2021

    Posted: 04 Mar 2022 10:30 AM PST

    Venezuela Pegs Minimum Wage to State Digital Currency

    Posted: 04 Mar 2022 11:12 PM PST

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