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Latest DeFi News
Find out the latest news about DeFi impacting the world of cryptos, as well as: GameFi, NFT and Metaverse.
Bitcoin, l’analyse technique doit nous amener à une grande prudence
Cette fois, la tendance est claire, on est en phase de consolidation, ce qui est très positif tant que le prix reste au-dessus de 26 500$.
La prochaine zone à franchir est celle des 30 000$.
Nous sommes actuellement dans un range qui se situe entre 26400$ et 31000$.
Cela signifie qu’avant de passer les 30000 $, il se pourrait que l’on fasse face à une forte volatilité.
Pour en savoir plus sur le prix et ce qu’il pourrait bien faire, vous pouvez retrouver des analyses pertinentes dans l’article consacré au : crypto trading.
Découvrez les avantages du trading décentralisé, sans broker, restez maître de votre argent, c’est ici.
Ethereum, will the price continue to rise in the immediate future?
It is fair to say that economic news and especially news related to technology in general as well as news from banks may well disrupt the price and create a lot of volatility for some time to come.
However, as with bitcoin, this situation has benefited Ethereum and the crypto-currency market as a whole so far.
But will this continue?
On the upside: as long as the price remains above $1,750, we won’t invalidate the past rise, so we’ll remain bullish. On the other hand, ideally, we should stay above $1800, consolidate and go up again, on a solid basis this time.
On the downside: it is imperative that the $1750 area holds, it is a pivotal zone, as long as we are above it, all hopes are allowed, otherwise, the next big support zone is around $1650.
Namely when going well below $ 1750, it will be very difficult to regain the $ 2000 in the immediate future.
Try decentralized trading now with Ethereum or dozens of other cryptos, no registration, no broker
Le jeu, principal moteur d’intégration du web 3 et des cryptomonnaies ?
On peut dire que le jeu web3 est l’un des principaux moyens pour motiver les masses à adopter les cryptomonnaies.
Justement, Polygon, une plateforme de mise à l’échelle Ethereum, a déjà entrepris des initiatives allant dans ce sens. Cela permet ainsi de développer directement le Web3.
Polygon et Immutable X ont annoncé leur association dans le but de créer une blockchain de jeu évolutive.
Cette dernière utilisera la technologie zk-rollup compatible EVM de Polygon. Le premier avantage de ce projet est la mise en place d’un écosystème qui facilite la création des jeux de Blockchain.
Le jeu pourrait permettre de développer à grande échelle le Web3 ainsi que l’utilisation à grande échelle des cryptomonnaies. N’oublions cependant pas, qu’actuellement, les cryptomonnaies sont déjà bien présentent dans le trading et font de plus en plus leur place dans les paiements.
MiCA, EU approves cryptocurrency regulation
The MiCA Regulation on cryptos was recently adopted by the European Union (EU) Parliament. The legislation, which sets out a new legal framework for the conduct of business, needed to be endorsed by member countries. This has now been done.
MiCA: A regulatory tool and an innovation lever for Europe’s crypto
In accordance with the EU legislative procedure, the MiCA Regulation will only enter into force once it has been published in the Official Journal of the Union. This will take another year. The MiCA standards will therefore only become law by mid-2024.
In the meantime, players linked in one way or another to the crypto industry are unanimous in saying that a breakthrough has been achieved. A major advance that now allows the old continent to have an operational legal lever on the European crypto market.
Ultimately, the MiCA standards aim to preserve the EU’s financial stability. This, without setting aside innovation, which maintains the attractiveness of the European crypto sector. The latter currently holds a significant comparative advantage over other regions of the world. Territories, such as the United States, which according to Hester Peirce, one of the CFTC’s commissioners, “wander a bit in the desert”.
Staking threatened in the US?
When one of the biggest players in this market closes its staking service, it is not a good sign.
Indeed, while Coinbase’s staking service is under close scrutiny by the SEC, the exchange announced on Tuesday that it would temporarily suspend the payment of Ethereum staking interest.
According to Coinbase, this halt will last no more than a few days and is due to a technical problem. Let’s face it. However, we can see that the attacks are coming from all sides and we can ask ourselves many questions.
Indeed, since the beginning of the year, the SEC has been leading a fierce fight against cryptocurrency companies.
At the heart of this conflict between the crypto world and the Securities and Exchange Commission is Coinbase, which is attempting to play the role of industry advocate by launching counter-offensives against the US exchange regulator.
In fact, the exchange has even filed a lawsuit against the SEC for deliberately refusing Coinbase’s requests for regulatory clarification.
Bitcoin, its potential is still really huge
Here’s a little chart that says it all
Not only are its characteristics unique and will be increasingly sought after, but its potential is still huge, we’re just getting started, the numbers speak for themselves.
Crypto News avec les histoires extraordinaires des millionnaires du Bitcoin
On parle beaucoup du Bitcoin, en bien, en mal, tout le monde a un avis.
Cependant, ce qui est intéressant de noter, c’est que depuis sa création, certains ont toujours eu tendance à vouloir dénigrer ou se moquer de ceux qui en achètent, et pourtant, le marché de la cryptographie a créé certaines des histoires les plus fascinantes de richesse et de succès.
En effet, de nombreux investisseurs notables de Bitcoin ont fait fortune en étant des adopteurs précoces ou en faisant preuve d’une incroyable prévoyance.
Histoires de réussite – Bitcoin :
Les jumeaux Winklevoss
Tyler et Cameron Winklevoss, connus sous le nom de Winklevoss Twins, sont célèbres pour leur implication dans les débuts de Facebook. Le duo a investi dans Bitcoin en 2013, achetant environ 120 000 BTC alors que le prix était d’environ 120 $ par BTC.
De plus, leur investissement initial de 11 millions de dollars vaut maintenant des milliards de dollars, ce qui en fait l’un des millionnaires Bitcoin les plus riches de l’histoire.
Des retours qui changent la vie : Erik Finman
Erik Finman n’avait que 12 ans lorsqu’il a investi 1 000 $ dans Bitcoin en 2011. Avec les conseils de son frère aîné, il a acheté Bitcoin à un prix d’environ 12 $ par BTC.
Le capital-risqueur Tim Draper est l’un des nombreux investisseurs Bitcoin et crypto millionnaires bien connus. En 2014, Draper a participé à une vente aux enchères des US Marshals et a acheté près de 30 000 BTC saisis sur le marché aujourd’hui disparu de Silk Road. Il a payé environ 18 millions de dollars pour les pièces, dont la valeur a depuis augmenté de façon exponentielle.
L’investissement de Draper est maintenant évalué à plus d’un milliard de dollars. Cela fait de lui l’un des millionnaires Bitcoin les plus prospères au monde.
Adopteur précoce de Bitcoin : Charlie Shrem
Charlie Shrem est une figure éminente de la communauté crypto. Au début de la vingtaine, Shrem a cofondé BitInstant, une société qui facilitait les transactions Bitcoin.
À l’époque, il a amassé une quantité substantielle de Bitcoin, qu’il a ensuite vendu pour un bénéfice considérable.
Malgré des problèmes juridiques liés au blanchiment d’argent, Shrem reste une figure influente du marché de la cryptographie. En effet, il est désormais impliqué dans de nombreux projets basés sur la blockchain.
Une bonne surprise pour 50 Cent:
Le rappeur et entrepreneur Curtis Jackson, plus connu sous le nom de 50 Cent, a fait une découverte surprenante en 2018. Il s’est rendu compte qu’il avait gagné des millions grâce au Bitcoin sans même s’en rendre compte.
En 2014, 50 Cent a permis aux fans d’acheter son album “Animal Ambition” en utilisant Bitcoin. Il aurait gagné environ 700 BTC grâce aux ventes, qu’il a oubliées jusqu’à ce que le prix de la crypto-monnaie monte en flèche. Ses avoirs en Bitcoin valaient plus de 7 millions de dollars au moment de la découverte.
Les histoires de ces investisseurs Bitcoin témoignent des opportunités incroyables que présente le marché de la cryptographie. De l’investissement initial des Winklevoss Twins à la manne inattendue de 50 Cent, ces individus ont transformé leur prévoyance et leur prise de risque en richesse substantielle.
Alors que le marché de la crypto-monnaie continue d’évoluer et de se développer, il reste à voir quelles nouvelles réussites émergeront. Cependant, une chose est claire : le potentiel de rendements qui changent la vie a fait du Bitcoin et d’autres actifs numériques un investissement convaincant pour beaucoup, et pour vous ?
DeFi news, a government launches with its own NFTs platform, which one?
The news of the NFT is marked by this announcement made by Romania. Indeed, the government has decided to launch a platform of state-owned NFTs intended for institutional investors.
“Creating a bridge between the young generations and the values of public institutions.”
This is how the project is presented by its coordinator, Paul Niculescu-Mizil Gheorghe. Interviewed by our colleagues of CoinTelegraph, he confirmed that the exchange platform of NFT, called ICI D Services, will be available from tomorrow.
Other services, not negligible, will also be offered: including the creation of decentralized domain names, as well as ecosystems of top-level domains (TLD).
The development of these services, which began last year, has been supported by the Ministry of Research, Innovation and Digitalization.
This initiative demonstrates the growing appetite of institutions for Web3.
It also shows that the NFT sector is succeeding in moving away from profile picture collections to show its technological interest. This will be a key step in continuing to democratize the field.
Le Zimbabwe mise sur une crypto basée sur l’or
Les pays qui subissent de graves dysfonctionnement au niveau de leur monnaie sont tentés par les cryptomonnaies. Le réflexe est bien naturel.
La Banque centrale du Zimbabwe et le gouvernement local ont donc décidé tout naturellement de contrer la forte dévaluation que subit sa monnaie en vendant des pièces d’or, mais elle a décidé d’aller plus loin.
En effet, elle va proposer une monnaie numérique adossée aux réserves d’or du pays.
Quand les cryptomonnaies sont utilisées afin de reprendre le contrôle d’un pays:
Le Zimbabwe est confronté à des problèmes monétaires et la situation paraît désespérée.
Tristement célèbre pour avoir imprimé sous le régime de Robert Mugabe un billet de 100 milliards de dollars,
le petit pays d’Afrique australe tente depuis plusieurs années de stabiliser sa monnaie.
Vont-ils trouver une solution salutaire à travers la cryptomonnaie ? Seul l’avenir nous le dira.
Bitcoin – mining and ecology – the numbers
For some, Bitcoin does not meet the standards of ecology, while the statistics tell us, let’s see the facts.
While Bitcoin’s detractors try their best to tarnish its reputation, we can’t help but notice that crypto mining is much more environmentally friendly than we think.
The facts in a nutshell:
- The Bitcoin mining industry now uses 52.6 percent green energy.
- Even better, Bitcoin uses 38% less coal than electric cars.
- The “Skull of Satoshi” artwork has become something of an emblem for the Bitcoin mining industry.
It has also recently been found that Bitcoin mining is now greener than the technology used by some electric vehicles.
What is an ERC-721 token?
ERC-721 is a smart contract standard based on Ethereum blockchain technology. It enables the creation of unique, non-fungible digital assets (NFTs) such as digital art, gaming tokens or virtual real estate assets.
These tokens are unique and cannot be exchanged for other tokens in the same category.
Each token is unique and has its own identity and history, allowing owners to track the ownership and provenance of their digital assets.
ERC-721 tokens are used in online gaming applications, digital art collection marketplaces, online auction platforms, property tracking applications and digital certification applications.
If you want to know the meaning of the different terms used in the DeFi and the world of cryptocurrencies, then I invite you to find the lexicon dedicated to them.
TELEGRAM has developed a blockchain service to trade crypto
In 2018, Telegram’s founders also wanted to develop a blockchain service to exchange crypto-currencies and had named it Telegram Open Network (TON).
Eventually, after setbacks with the SEC, the project fell through. However, the TON Foundation was born at that time and will continue to develop products around the same principles. This is how Telegram’s Wallet Bot first allowed to send toncoins, then bitcoins and now USDT.
TON now stands for Open Network. It is also worth noting that the wallet was not managed directly by Telegram developers, but by those of the TON Foundation.
But let’s get back to USDT, and more specifically to USDT-TRON (TRC20), which is the local version of the world’s most popular stablecoin. The idea of sending and receiving USDT as simply as a message was immediately welcomed by the crypto community, which sees it as a real improvement in the money transfer processes.
USDT accounts for nearly 50 billion daily exchanges, according to CoinMarketCap, and will allow Telegram to come and hunt in the lands of Twitter and even Stripe, which is also forging special partnerships with the crypto-currency. The war of micropayments and simplified transfers is starting, and Telegram is scoring points.
Thanks to dwpbank, no less than 1200 German banks will be able to offer Bitcoin to their customers
This is very good news for all those who appreciate Bitcoin, its access will be greatly facilitated in Germany, which will certainly give ideas to banks in other countries.
Thanks to the new platform of Deutsche WertpapierService Bank AG (dwpbank),
the 1,200 German banks for which the company offers its services will be able to allow their retail customers to invest in Bitcoin (BTC).
This is because dwpbank is a banking institute that acts as an intermediary for various German savings banks in the processing of financial asset transactions.
This new product will be made possible by wpNex, the new platform of dwpbank.
The custody services of this new product will be provided by Tangany, a company regulated by the German financial regulator BaFin.
The three cryptocurrencies that could rise in value quickly
1. FIGHT OUT – THE FASTEST GROWING PLAY-TO-EARN OF 2023. THE FUTURE OF PLAY-TO-EARN IS FIGHT OUT.
The project has assembled an expert team of Web3 developers and fitness enthusiasts to realize its revolutionary project plans. Fight Out will revolutionize the way people train and compete through Play-to-Earn games. Pre-sale until March 31st: direct access here
2. METROPOLY – Invest in real estate with Crypto in seconds
The world’s first NFT marketplace backed by real-world properties. Ready for the future of real estate? The Metropoly marketplace beta is live and ready for action! Take advantage of the launch offer: direct access here
And now, if you follow the news of the metaverse, then this project might interest you.
3. ROBOTERA – The next big P2E game from the Metaverse! Build the world of Taro your way. Become a Robot to discover, play and win. The $TARO token will power the entire RobotEra metaverse, from development to in-game currency, P2E gameplay, NFTs, and the in-game store. Buy directly with USDT or ETH. Once the presale is over, you can claim your $TARO tokens. RobotEra builds a sandbox planet rebuilding metaverse. You will become a robot, managing your own land and participating in the creation of the world. It can also acquire resources from the earth, create robot companions.
Here, create anything you can imagine and start a new era with other robots. Enjoy the presale: Direct access here
This is not investment advice, please do your own research. This is a personal analysis that I have made for myself and that I share.
Centralized, regulated finance, oh yes!
What security in the world of centralized, regulated banks, we have a good example and this one will hurt.
Indeed, on March 6, 2023, Forbes described Silicon Valley Bank as a solid, trustworthy bank and then, a few days later, it declared itself bankrupt.
This would not be too serious if it was not the main bank for start-ups in the USA. This means that we can say that it is the second biggest bank failure in the USA of all time.
We are talking about tens of billions of dollars tied up, billions deposited by start-ups that will not be able to pay their employees. The entire tech sector will be hit by this shock wave.
What is also serious is that we are talking about several years of American innovation that will be put back into play.
The consequences will be deep, serious and will last as for its propagation to other banks, nothing is guaranteed, it could be the first piece of a domino game that collapses.
Decentralized finance is often criticized, except that it should be remembered that the actors and participants in the DeFi remain in control of their financial situation and can generally withdraw their funds without any problem, when the project is serious.
The regulation does not solve everything, the proof is unfortunately again made, it is necessary to protect people from swindlers, but it has its limits. The centralized system will once again do considerable damage and embarrass people who were honest and only wanted to prosper, innovate and build the world of tomorrow.
EUROC, the first stablecoin exchangeable for other cryptocurrencies on Coinbase
EUROC has a market capitalization that currently stands at 29 million euros.
This makes it a small stablecoin, which still doesn’t weigh much but it is becoming a serious competitor for EURT which is capitalized at 205 million.
EUROC becomes the first euro stablecoin that can be exchanged for other cryptocurrencies on Coinbase.
The problem that can be highlighted at the moment is that Europe can’t come up with a stablecoin, so the Americans have to do it again, which is a bit of an odd situation.
Because the most widely used Euro stablecoins are issued by American companies.
VISA, always in phase with the crypto
Our time is a bit crazy, we keep making announcements about everything and everyone, lately it was about Visa which supposedly stopped its crypto projects, what is it really?
According to Cuy Sheffield, head of crypto-currencies at the American company Visa, he called reports of a slowdown in crypto-currency projects “inaccurate”.
Here are the words he said:
“This information is inaccurate. We continue to partner with crypto-currency companies to improve the inflow and outflow of fiat currencies.
We are looking to move forward to create new products that can enable stablecoin payments in a secure, compliant and convenient manner.”
Latest news from DeFi with this new project that launches a new crypto
Cats Coin introduction. Here is a brand new token, discover its ecosystem, its characteristics and the direct access to its official website.Cats coin is a community-driven token based on a meme with a big dream and was created by Osaka Yona for the cat community.
Cats Coin introduction:Cats Coin is a meme driven coin issued on the binance smart chain,that follows the example of other successful Shiba coins like Shiba inu, Floki inu. we also are planning on reaching a value of 100 million Marketcap
- The core of Cats Coin is to bring competitive player vs player(pvp) gamers to the crypto community
- Due to the crypto gaming scene being dominated by [ Pay To Win] and [ Pay To Earn] Games.
- Cats Coin is unique in the sense that we’ve designed the project in such a way that’s its both.
- Rewarding and fun so that you will wager your coins and increase your holdings of the coin.
- While at the same time having fun, We will be supporting NFTs at launch.with the ability to buy,sell and trade within the game’s marketplace.
- We offer NO [pay to earn] or [pay to advance] microtransaction.
- The playfield is leveled for all game’s participants.
Cats Coin, the four phases that will propel the project to the top:
Direct access to the official website
Center Pompidou in Paris and CryptoPunk, what’s the connection?
The Centre Pompidou, which houses the National Museum of Modern Art, has acquired a total of 18 digital works in the form of non-fungible tokens (NFT). It thus becomes the first French institution to carry out an operation of this scale.
These NFTs were created by 13 different artists from around the world, and the most notable example of this collection is CryptoPunk number 110.
We will also find other works, such as an NFT from the Bitchcoin collection by Sarah Meyohas for example, whose initial project is considered the first tokenization of art on the blockchain, five months before the launch of Ethereum (ETH).
Through these acquisitions, the Centre Pompidou intends to explore the influence of NFT and cryptocurrency technology on art.
Latest DeFi News
Tether, is its ecosystem really decentralized?
The founders of Tether have a background that can be described as atypical, however this is not the problem. What is more troubling is the structure of this ecosystem which is apparently 86% owned by four owners.
Four people reportedly own 86% of the company behind the USDT stablecoin.
Can we still call such a system a decentralized ecosystem?
It is legitimate to ask the question.
Unfortunately, with Tether, we are often in the dark, dealing with a company where decisions are made by four people and whose stablecoin reserves have often been questioned as well.
So far, so good, but if you need to own money that is significant to you in stablecoin, perhaps it would be wise not to put all your eggs in one dish.
Smart contracts, almost unlimited possibilities!
Smart contracts were introduced by the
Ethereum blockchain and they open up a whole world of possibilities.
There is no doubt that smart contracts have revolutionized the financial system. But can they do everything?
What is a smart contract?
A Smart contract is a computer program that automatically executes the terms of an agreement when certain conditions are met.
In other words, it is a tool that allows the creation of self-executing contracts without going through intermediaries (like a lawyer executing a will, for example).
The main limitation of a smart contract:
Like a vending machine, smart contracts also cannot understand the complexities of the human societies in which they exist. They are not ‘smart’ in the true sense of the word.
Currently, smart contracts do not understand the nuances, intentions and complexity of human beings.
In order to build decentralized societies and organizations, we need to find a way to combine trustless code with tools that account for human intentions.
Why is Stripe’s potential IPO interesting for the crypto world?
Founded in 2009, the startup Stripe is the brainchild of Irish entrepreneurs John and Patric Collison.
It provides internet payment processing solutions to large companies like Shopify and Instacart.
Crypto-friendly Stripe is now one of the most valuable companies in Silicon Valley.
It all started in 2021, when the company managed to raise $600 million from several investors.
The valuation of the startup was then $95 billion. Today, it is learned that Stripe is studying the feasibility of an IPO.
A source close to Stripe’s management said there are two possibilities in this deal. First, it’s possible that the startup’s management is considering an IPO. Second, they may want to offer employees the opportunity to sell shares in a private transaction.
Most likely, the company is considering a direct listing. In that case, it would file its shares on a public exchange and it would be up to the market to decide the price.
In 2021, Stripe offered payments via blockchain technology. The following year, it launched a new service for content creators. The latter allows fans and customers to pay content creators as well as sellers in USDC.
First private bank in the world to tokenize its own shares: Cité Gestion
Switzerland remains a pioneer in the use of blockchain and the benefits it can offer.
Now it’s Cité Gestion’s turn, an independent Swiss private bank founded in 2009, to use Taurus technology to tokenize its own shares.
This is the first time a private bank has issued shares as blockchain-based securities under Swiss law, the company said in a press release.
Cité Gestion chose Taurus, a digital asset company, to issue its tokenized shares, manage the smart contract that creates the shares and provide asset management for its securities, according to the release.
Tokenization, or the digitization of various asset classes, has been a popular trend among financial institutions because it allows traditional finance (TradFi) players to attract more investors by using blockchain technology. “Taurus believes that digitization of private assets and securities is becoming the new standard in the digital asset industry.”
What does this mean in practice?
The interest of such a system is that any investor, even on the other side of the world, can access the capital of the Geneva-based bank without necessarily going through market operators.
Chainway, la solution pour utiliser Tornado Cash en restant relax !
Tornado Cash est un protocole populaire sur Ethereum qui permet aux utilisateurs d’effectuer des transactions privées en rompant le lien on-chain entre les adresses du destinataire et de la destination. Cependant, il peut arriver qu’un utilisateur souhaite démontrer que son utilisation de Tornado Cash est irréprochable et n’est pas liée à une quelconque activité illicite. C’est là que la preuve d’innocence entre en jeu et donc Chainway.
Chainway vous permet de prouver que vos retraits sur Tornado Cash ne proviennent pas de mauvais acteurs en utilisant des preuves à connaissance zéro.
La preuve d’innocence est un outil qui permet aux utilisateurs de prouver que leurs retraits de Tornado Cash ne proviennent pas d’une liste de dépôts spécifiques, sélectionnés par l’utilisateur lui-même. Cela permet aux utilisateurs de blanchir leur nom et de démontrer leur innocence sans révéler leur identité.
En résumé, le protocole de preuve d’innocence permettra aux utilisateurs de prouver que leurs fonds ne proviennent pas de sources illégales.
Chainway a expliqué : « Cet outil innovant permet aux utilisateurs de prouver que leurs dépôts ne proviennent pas d’adresses sanctionnées ou figurant sur une liste noire. Cela permet non seulement d’améliorer la sécurité et la fiabilité du système, mais aussi de protéger les utilisateurs légitimes contre toute association à des activités illégales ».
Crypto innovations, which are the most promising?
ARK Invest founder Cathie Wood talks about crypto innovations that are underrated and may surprise us.
The technology of the bockchain is different from what we have known until now, for its part, it considers that it is a disruptive technology that revolutionizes the world especially with digital wallets.
Serious companies working in connected TV, digital wallets and blockchain technology are companies to watch, she says.
For example: digital wallets are increasingly replacing cash and credit cards. They were used as the “primary transaction method for offline commerce in 2020 and accounted for about 50% of global online commerce volume in 2021.
In summary, here is his conclusion: “I believe that the current market dislocation offers an opportunity for innovative strategies to thrive when equity markets recover. The fear of the future is palpable, but the crisis can create opportunities.
2023, will it be a good year for Bitcoin Mining.
First of all, it must be noted that 2022 was a very complicated year for miners. But as every cloud has a silver lining, the bankruptcy of Core Scientific (10% of hashrate) is good for decentralization. The industry will simply redeploy around cheap sources of electricity.
The energy shock has come and gone.
Rising electricity prices have taken their toll on miners with too much debt and who have not made the effort to seek out excess renewable electricity sources.
In the U.S., where nearly 40 percent of the hashrate is located, the average price per kWh for industries increased by 16 percent in 2022. It was 8.5 cents per kWh.
In Europe, it will be the interstellar void considering the price of the joule. Russia may well pull its cards from the deck and pick up the slack. Mining is also developing in the Arabian Peninsula, notably in Saudi Arabia, the United Arab Emirates and the Sultanate of Oman.
The first known NFT (Non-Fungible Token) was created in 2014 by CryptoKitties.
This is a San Francisco-based company that launched an online gaming platform that allowed users to buy, sell and collect unique digital cats represented as NFTs on the Ethereum blockchain.
CryptoKitties NFTs were unique tokens that could not be traded interchangeably and had unique characteristics, such as coat colors and personality traits. Since then, NFTs have been used to represent a wide variety of digital assets, ranging from digital art and photos to virtual collectibles and even locations in online video games.
The success of CryptoKitties was immediate, and the platform quickly generated millions of dollars in sales. However, it also drew criticism for the congestion it caused on the Ethereum blockchain, which resulted in high transaction fees and made it difficult to use Ethereum for other applications. Despite these problems, CryptoKitties helped popularize NFTs and pave the way for the use of non-fungible tokens to represent a wide variety of digital assets.
Bitcoin, a new rise in sight?
Is #Bitcoin on the rise again?
The area to watch initially is the $17,000 mark.
This area should be passed with volume and clearly breached so that in the worst case 17000 becomes a solid support, otherwise no further rise is possible at this time.
The first zone is $17,000, then watch for $18,400 – $18,600, the next target, and of course $20,000 remains the target for a bullish signal that could last.
Want to know more, full analysis here
The Block, when the CEO gets fired after hiding important information from his team.
The facts: in order to carry out a restructuring of the crypto media The Block, its CEO Michael McCaffrey would have sought financing from Sam Bankman-Fried without informing his employees. As a result, he was forced to resign with immediate effect.
In the face of these revelations, The Block asserts that only Michael McCaffrey would have known about these operations, and that he would have used other companies he owned to receive funding from Alameda Research.
Par ailleurs, The Block avance qu’à sa connaissance, son ancien PDG n’aurait pas cherché à influencer la ligne éditoriale en faveur de Sam Bankman-Fried.
That’s not how Changpeng Zhao (CZ), Binance’s CEO, feels, however, and he was quick to jump in and say that this would explain why The Block would be harsh on his company for no apparent reason.
The fall of FTX will at least have highlighted that the actions of many CEOs are largely questionable and set some things straight.
Quand le metaverse est utilisé comme catalyseur de la croissance
Bien que le metaverse soit encore peu connu du grand public, certains spécialistes prévoient que tout prochainement, cet écosystème deviendra un secteur florissant, comme par exemple avec le tourisme numérique dans les pays du Golfe.
De plus en plus de personnes sont d’accord sur le fait que le metaverse peut devenir un catalyseur de croissance.
En voici un bon exemple : les investissements consentis par les économies du Golfe dans le metaverse devraient leur rapporter la bagatelle de 15 milliards de dollars sur une base annuelle, d’ici les huit prochaines années.
C’est en substance ce qui ressort d’un rapport du cabinet d’études et de conseils Strategy & Middle East. Selon le document, les secteurs du voyage et du tourisme se tailleront la part du lion dans ces revenus.
Ils devraient engranger à eux seuls 3,2 milliards de dollars.
Ceci lorsque le metaverse et son usage auront atteint leur plein potentiel. Le reste sera partagé entre les autres secteurs.
The death of cryptos, really?
The death of Bitcoin and more broadly of cryptos has already been announced hundreds of times in recent years, except, wouldn’t it be just the opposite that we can notice?
The defeatists only point out the fact that Bitcoin has lost 80% or more, cryptos in general as well, yes, it’s true, and stocks like Microsoft, Apple, Tesla, have you looked at their price graph?
If Bitcoin was destined to disappear, it would have done so a long time ago, because in fact, we can see that after every drop, every attack, it strengthens and goes on to reach new heights, that’s the facts.
Right now, while you are being made to look in a certain direction, making you believe that everything is going to collapse, others are laughing and taking advantage to buy at a good price.
Latest announcement: Goldman Sachs plans to spend tens of millions of dollars to buy crypto companies.
Goldman Sachs is just reiterating its interest in the sector. A year ago, the institution was even particularly optimistic about Bitcoin (BTC), judging that its price could reach $100,000 in the next five years.
So whatever the price in 5 years, between, the price of Bitcoin will go down to zero and for others go to $ 1,000,000, the truth is certainly in these two extremes, but probably at a much higher price than currently, and that, the informed investors know.
FTX, who are we kidding?
We live in a wonderful world, it seems that the concern of financial authorities is to protect small investors, really?
In fact, the founder of FTX was dipping into the fund, billions of dollars were lost, and as a result, he will soon be pitied, if we follow the media supported by the Democrats in the USA. This man is entitled to interviews, they are going to make a movie about his life, they are already thinking of the best ways to make money with his story, while normally he should be in jail waiting for his trial, and we should do everything to find the embezzled billions.
It’s amazing, it’s new, a swindle of this magnitude, of which we know the culprit, but nothing is done to apprehend him, on the contrary, soon, they will explain to us, as he has already tried to do, that he didn’t know anything… to be continued.
Cryptos, from 0 to 300 million users
There are 300 million users of cryptos in the world now. That’s gone from zero to 300 million in just 13 years.
Twitter and cryptos, the perfect pairing to make cryptos even more popular.
Charles Hoskinson says he is convinced that Twitter will become a platform that centralizes many crypto services. As a result, it should be at the heart of adoption growth over the next few years.
The ADA founder gave the example of DOGE, which is doing quite well, since the announcement of Elon Musk as the head of the blue bird. As a reminder, Elon Musk has, several times, championed the crypto with the dog’s head.
Bitcoin and crypto, reading between the lines of the market
Everyone thinks the market is bearish, but is it really still bearish or on the contrary, shouldn’t the last few days be interpreted differently?
Indeed, what is certain is that there is a wind of panic, but what about its effect on the price of bitcoin?
In fact, if the market was really strongly bearish as proclaimed everywhere, the price should have fallen much more.
Stocks of large companies have also fallen, and to a significant degree, compared to bitcoin, which is robust, considering its history and volatility.
In fact, the DeFi market is doing very well. There are an ever-increasing number of partnerships forming in the crypto space.
It’s even safe to say that once we get past the peak of panic, if no major bad news is announced, the market could quickly start to rise again.
The only downside is that we have to wait a bit to see the full consequences of the FTX bankruptcy on the crypto world. The question is, what will be the next impacted companies and what will be the extent of the losses and bankruptcies?
For now, the price is holding up well, as long as the $16,000 area holds. To learn more, check out our analysis here.
Latest DeFi News with Cristiano Ronaldo
The famous soccer lands with these NFTs on Binance
Soccer players (and their fans) seem to be crazy about NFT.
After the Argentine Lionel Messi, who recently signed with Sorare,
it is now the Portuguese Cristiano Ronaldo who launches his collection of unique tokens via Binance.
Indeed, from November 18, 2022, NFTs from Cristiano Ronaldo’s first collection will be available on Changpeng Zhao’s crypto exchange.
Fans of the footballer will be able to better participate in the success of their star.
FTX, more than 1 million creditors claim their money
The company is known to have had approximately one million creditors on the day of its bankruptcy.
FTX’s bankruptcy is proceeding much more slowly and opaquely than usual, a restructuring consultant told the Financial Times.
He said the complications surrounding the case had prevented the platform from providing sound advice to creditors.
It is currently known that a new management team has been put in place and a first statement of debts.
After having saved some companies, FTX becomes the cause of their bankruptcy.
This is the case with Liquid, which has announced the suspension of withdrawals on its platform, both those in fiat currencies and cryptocurrencies.
Until a few months ago, however, the Japanese crypto exchange probably felt lucky to have FTX on its side.
Sam Bankman-Fried’s company had “reached out to it” – if the expression is appropriate – in difficult times. We now know what happened next…
FTX, its fall will involve other companies, which ones?
Obviously, given the size of FTX before its fall, many other companies will be impacted by its fall, the impact will be different in each case, what do we know at this stage?
Which companies will be impacted and what will be the consequences for them and their customers?
BlockFi, which announced that it had to freeze its withdrawals due to the vagueness surrounding the true situation of the exchange platform.
Genesis Trading has announced that $175 million of its assets are now being held hostage by FTX following the freeze on withdrawals. However, it believes that the problem does not impact its activities for the moment, to be continued.
SoftBank, which has invested no less than 100 million on shares belonging to Sam Bankman-Fried’s empire, is also in trouble.
As for the banks and other institutions that have put their money into crypto, they too could enter a crisis after losing part of their investment. So the domino effect seems to be happening again.
As for FTX employees, it would appear that some have lost everything by investing their life savings in the platform that employed them.
FTX, Kraken, Coinbase, Crypto.com, all at some point prevent their customers to withdraw their money, is this normal?
They are however regulated, we must stop saying that regulation will protect the users of these platforms. Indeed, even in traditional banks, customers can find themselves unable to get their money out.
The only way not to lose your money, not to take any risk, is to use decentralized platforms, since you don’t send your money to anyone, so it can’t disappear.
This is what a decentralized trading platform is for, it allows its users to trade directly with their money without sending it to the platform.
You will find that 100% of the current problems are that users risk losing some or all of the money sent to platforms that are, let’s not forget, already monitored, controlled and licensed to operate.
I repeat, the banks are totally monitored, but are you sure you will get your money back, the answer is no. If you believe the contrary, then unfortunately, in the years to come, you may well have a practical experience that I do not wish you, but you will have been warned, just read the regulations of these banks or platforms to see that the money you paid them no longer belongs to you. They simply acknowledge that they owe it to you, you have an IOU from the bank or the exchange, that’s all.
Decentralized platforms are platforms, services, that are secure, no one can block your money or worse leave with it, find out.
Trade directly with your Metamask account: cryptos, forex, US stocks
Bitcoin, what is its integration rate in the US?
The Harris Poll, conducted online on behalf of Grayscale Investments, found that:
49% of Americans know about crypto. Of course, there are variations in this rate depending on the age of the respondents since between 18 and 34 years old, this figure rises to 70%.
As for motivations, 25% of respondents said they became interested in crypto because of inflation and the economic situation.
For 57% of the panel, investing in crypto will require a clear regulatory framework.
If the results of this survey are to be believed, Americans have already dived into crypto.
All that’s missing is a tailored regulation to finish convincing the last undecideds.
Mastercard wants NFTs to become popular
For Mastercard, cryptos and NFTs are not a market to be overlooked, quite the contrary.
It is a global market made up of niches and even more specialized segments that is currently taking shape. No one knows where we are going. But we are going there.
This is especially true for the NFT sector, which has maintained strength several months after the November 2021 crypto “pico top.”
The arrival of behemoths like Mastercard will also help make non-fungible tokens more present in the public space.
Mastercard demonstrated in a video: an NFT purchase made from a metamask wallet and paid by a Mastercard card, linked to the crypto wallet. Simple, fast, efficient.
Would the benchmark for cross-border currency trading be XRP?
Can XRP, which is relatively resistant to the Bear Market, be considered a benchmark for cross-border currency trading?
First of all, let’s remember if it is still necessary, that Ripple is the company behind the XRP cryptocurrency.
Its creators developed it to facilitate trading in any other currency.
XRP is a real alternative to slow and expensive Swift transfers
It is fair to say that the uniqueness of XRP lies in its unique payment capabilities. For example, we can decide who can send us money and who cannot. There are also payment channels that allow for asynchronous balance changes.
The check function:
The checks function of the XRP register replicates the operation of paper checks: the sender creates a check that specifies an amount and a recipient. No money moves until the recipient cashes the check. Since the funds are not frozen, the cashing can fail if the sender runs out of funds at that time, just like traditional checks.
Issued currencies can also be digital tokens that are issued only in the XRP registry, without any external support. Of course, the parties involved must be willing to send or receive these tokens and treat them as something of value.
There must be at least one path between the sender and the receiver, and the total liquidity on all paths must be sufficient to facilitate payment. Payments between currencies are converted from one currency to another by consuming the bids in the decentralized XRP Ledger exchange.
Ripple’s XRP allows currency transfers that compete with Swift. Although XRP does not allow for as much decentralization and censorship resistance as Bitcoin (BTC), it can be said that XRP currently offers features that are more likely to appeal to financial institutions.
In the face of the upcoming volatility on XRP, one can say that there are many opportunities to trade by scalping this token. Why not on a decentralized trading platform, without broker, and with leverage effects?
El Salvador et Lugano (Suisse), quel est le point commun?
La réponse est claire, le Bitcoin.
En effet, Le Salvador, premier pays à avoir adopté le Bitcoin (BTC) comme monnaie légale, s’est associé à la ville de Lugano, en Suisse, afin de démocratiser la cryptomonnaie auprès des populations.
Rappelons-le, s’il est encore nécessaire, que le Salvador est le premier pays au monde à avoir adopté le Bitcoin (BTC) comme monnaie légale.
C’est la raison pour laquelle, cela représente tout un symbole que ce pays s’associe à la ville suisse de Lugano afin de démocratiser davantage le roi des cryptomonnaies dans la vie de tous les jours.
Il est important de souligner que l’émetteur du premier stablecoin au monde en termes de capitalisation boursière, l’USDT, travaille de concert avec Lugano depuis le mois de mars afin de favoriser l’adoption du Bitcoin au niveau régional.
Selon Michele Foletti, le maire de Lugano, la démocratisation du Bitcoin rime avec liberté financière :
« Lugano est une terre d’innovation et d’opportunités, et l’annonce historique d’aujourd’hui concernant notre partenariat avec le grand pays d’El Salvador est une excellente nouvelle pour les partisans de la liberté financière et du pouvoir de la cryptomonnaie »
Plus d’un an après l’adoption du Bitcoin au Salvador, le pays semble toujours confiant dans l’utilisation de la cryptomonnaie comme alternative de premier plan au système financier traditionnel.
La population européenne étant encore globalement étrangère à ce concept, le rapprochement entre le Salvador et un pays situé en Europe pourrait ouvrir de nouveaux horizons.
Les MNBC aux services de gouvernements à tendance dictatoriale, un cauchemar réaliste ou de complotiste?
Le Fonds Monétaire International (FMI), qui juge qu’un système de crédit social comme celui utilisé en Chine pourrait être particulièrement utile, trouverait bien pratique les MNBC afin de faire avancer son projet.
Cela permettra au FMI de pouvoir utiliser les MNBC pour surveiller les habitudes d’achat des consommateurs.
L’intervention a eu lieu dans une réunion du FMI appelée « Les MNBC pour l’inclusion financière : risques et récompenses ». Elle faisait intervenir plusieurs invités, dont la Reine Maxima des Pays-Bas, le gouverneur de la Banque centrale d’Indonésie ou le directeur adjoint du FMI, Bo Li.
C’est ce dernier qui a expliqué sa vision des MNBC.
Il a salué leur aspect programmable, expliquant que cela permettait de contrôler comment les personnes utiliseront leur argent.
Ainsi, la boucle est bouclée. Avec la monnaie numérique des Etats, ils pourront non seulement savoir ce que vous faites avec votre argent, mais mieux, ils pourront décider si vous êtes digne de pouvoir le dépenser, et ceci à quel rythme, auprès de qui, etc.
La suite logique de la mise en place d’une tutelle déjà présente dans les banques, quand elles vous demandent pourquoi vous voulez récupérer votre argent et bien souvent vous infantilisent ou prétexte que vous pourriez éventuellement être un terroriste, de façon polie et détournée, bien évidemment.
Donc, ne faites pas l’amalgame du Bitcoin, des crypto-monnaies en général et des MNBC, car ces dernières seront l’arme la plus redoutable de tous les temps qui sera utilisée contre les particuliers.
NFT, digital assets for the US tax authorities
Across the Atlantic, the tax service is called the Internal Revenue Service (IRS) and is part of the U.S. Treasury Department. Its mission is to collect taxes on labor, corporations and estates and, of course, income. And to the extent that cryptocurrencies can generate income, they are therefore indeed subject to the general tax system.
However, until last year, their definition left a little bit of vagueness. The reference document spoke of “virtual currency” and digital tokens functioning as “a unit of account, a store of value or a medium of exchange”. In 2022, there will be clarity with a broader and more comprehensive definition:
“Digital assets are any digital representations of value that are stored on a cryptographically secured distributed ledger or any similar technology. For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins.”
And the IRS goes further by anticipating potential innovations. The service states that “any financial asset with the characteristics of a digital asset will be considered a digital asset.” But the most notable change concerns non-fungible tokens: NFTs. Previously classified with collectibles in the same way as antiques, works of art or even precious stones, NFTs finally join cryptocurrencies in the “digital assets” category.
Obviously, this is a tax break, as the tax rate drops from 28% to zero, 10% or 15% depending on the seller’s income. From an artistic standpoint, creators may be disappointed to leave the “work of art” category.
In any event, U.S. citizens will be required to report any NFTs “purchased, exchanged, or received as gifts in 2022 to the appropriate agencies.”
So the Americans went straight to the point. No sentiment with NFTs, which become simple financial assets, like stocks or bonds.
Latest DeFi News and latest news from the world of finance
JP Morgan CEO Jamie Dimon warns, “This is serious!”
It is clear to everyone that the economic and financial world is going through serious turbulence. We can say that it is at least as serious as in 2008, and maybe even worse.
Global financial chaos is looming and could bring with it the collapse of economies, banks and currencies.
Does this worry investors and traders in cryptocurrencies? Some yes, obviously, but for many others, not at all, the answer is clearly no. On the contrary, many see it as a unique opportunity to multiply their assets like never before. Do they succeed? For the moment, we can say yes.
What you should not ignore?
Central banks will go where the Fed goes. The dollar remains the undisputed reference currency, the one with the most qualities. When financial uncertainty increases, everyone takes refuge in the safest, least risky and most liquid asset: the greenback. Even when the U.S. financial system was in serious trouble in 2008, the dollar appreciated because it was still the safest asset relative to others.
And since central bank decisions are highly correlated with those of the U.S. Federal Reserve, we can expect to see an overall increase in rates in the months to come.
With the exception of Erdogan, who is actively pushing for the hyper-bitcoinization of the world, other nations will have to continue to tighten their monetary policy to avoid capital flight to America. Indeed, when US rates rise, investors tend to move their capital from foreign bonds to US bonds to benefit from the higher yields.
All signals point to a severe, global recession. However, recessions triggered by rate hikes tend to be shorter than those triggered by banking crises (between 18 months and 5 years).
Jamie Dimon, CEO of JP Morgan, recently spoke of the serious risk of a global recession within 6 to 9 months.
The financier does not exclude a 20% drop in the S&P500 and thus joins the forecasts of Ray Dalio who held the same speech these last weeks.
Despite the risk of thermonuclear World War III, banking risk and inflation risk, crypto degens are not shy about embracing volatility. Being conservative and taking advice from Ray Dalio, Jamie Dimon or Paul Tudor Jones is out of the question.
They want to get rich quick. So be it. The only solution is to quickly find the new crypto of the moment and play smart with leverage.
Bitcoin, a first observation on the level of volatility:
Despite the macro and geopolitical storm we just described, the price of bitcoin has been relatively stable compared to the equity markets. It is surprising to see the asset known and criticized repeatedly for its volatility being close to record lows in volatility.
The remarkable stability we are currently seeing is astonishing and could foreshadow an imminent move up or down in BTC.
Investing in bear market:
There are two types of people who invest in bear market times. Those who buy Bitcoin to hold, thinking they have bought it at a very good price. Then there are those who choose to trade, they choose a decentralized trading platform and trade with leverage by scalping. Sometimes, some people do both. What is certain is that if one thinks that Bitcoin can reach $100,000 and even much more, then the current price can be a good entry point if one is patient and believes in the potential of Bitcoin. It is true that the potential upside, when you have this viewpoint, can leave you dreaming.
La récession et ses conséquences sur le prix des cryptomonnaies
La récession arrive à grand pas, et tout a été fait pour:
1. une gestion du Covid-19 plus que catastrophique
2. la guerre en Ukraine avec une gestion à nouveau totalement irresponsable quant à ses conséquences sur l’économie (crise énergétique).
Cela n’a bien sûr pas échappé aux dirigeants des grandes entreprises mondiales, qui se préparent à une récession.
La semaine dernière, un rapport du FMI était tout aussi pessimiste. Pierre-Olivier Gourinchas expliquait alors :
« Pour résumer, le pire est encore à venir. […] Pour beaucoup de gens, 2023 ressemblera à une récession. »
Les banques centrales sont prises dans un cycle dont elles ne peuvent pas sortir aisément, et envisagent à reculons de relever successivement leurs taux.
Est-ce bon ou mauvais pour le prix des cryptomonnaies?
Lors du Covid-19, les cryptos avaient plutôt bien réagi. Les crypto-actifs ont donc le potentiel de revenir sur le devant de la scène lors du ralentissement de l’économie européenne en 2023… Bien entendu, seulement si les investisseurs y voient un intérêt majeur.
Nous avons vu que dans les pays où l’hyperinflation règne, notamment en Amérique du Sud, les cryptomonnaies sont adoptées de manière naturelle par des citoyens qui y voient un intérêt pour protéger leur épargne.
Est-ce que le même phénomène se réalisera en Europe ?
Si les contraintes réglementaires ne viennent pas étouffer le monde des cryptos, on peut certainement répondre par l’affirmative, ce qui devrait dans ce cas, pousser le prix vers le haut.
What if bitcoin reached $1 million by 2030!
All sorts of price predictions have been made over the past few years, but what is certain is that no one can really know what the price will be next year, let alone several years from now.
Except, it’s right and wrong to think that way. Apart from the fact that regulation could ban Bitcoin, in which case the price could hardly go very high, otherwise the outlook is strongly bullish, and it is safe to assume that its price will be far above the highest it has ever made.
Some analysts, such as Yassine Elmandjra who works for the Ark Investment Management fund is a great optimist. In his eyes, not only the current severe correction suffered by the queen of cryptocurrencies does not matter much, but the future even looks bright.
Indeed, the financial analyst anticipates seeing Bitcoin reach the staggering sum of … 1 million dollars per unit, by 2030.
According to him, it is a fact, it is inescapable and here is his reasoning:
“When we look at the potential of bitcoin, we segment it across several use cases – everything from competing as a digital store of value, to a settlement network, to an insurance policy against arbitrary asset seizure. When you compile all the use cases on top of each other, you come up with an opportunity of about $28 trillion, which translates to over $1 million per bitcoin.”
Bitcoin, an “anti-system currency” (one can argue that in 2022), is initially designed to gain power as the existing monetary ecosystem fails.
The question arises as to how fit a global economy would be that would have allowed Bitcoin to reach such critical mass.
That’s why I think Bitcoin will rise and then it will become dangerous for it and other crpytos, because at some point the states will certainly react, and I highly doubt that it will be to help the price of Bitcoin rise.
Latest DeFi News: NFT
Anthony Hopkins launches his own NFT collection
Anthony Hopkins in partnership with Orange Comet launches his NFT collection: “The Eternal“.
Those who follow the NFT news may have noticed that for the past few months, the actor has been publicly displaying his attraction for non-fungible tokens (NFT) on Twitter.
He is now diving a little deeper into this universe with the collection “The Eternal“, powered by the studio Web3 Orange Comet. It will include 10 unique animated copies and 990 other unique images.
The 84-year-old actor, who has also been a painter since 2005, describes non-fungible tokens as a “new canvas.” He was introduced to blockchain technologies during the film Zero Contact, released in NFT and shot remotely during the Covid-19 pandemic.
This collection is based on the theme of archetypes of the psychiatrist Carl Gustav Jung.
Winkyverse, 75% of land sold in 3 days across 50+ countries
Mainbot launched its Winky edutainment robot in 2019, and the Winkyverse project was created in 2021.
This is an educational metaverse with a resolution to become the first of its kind. Finally, on September 29, 2,100 of the first Winkyverse plots went on sale through a private sale.
Building on its success with the Winky robot, Mainbot has decided to embark on a major Web3 project:
the first educational metaverse video game, The Winkyverse.
It is an immersive and collaborative universe, which will offer a multitude of quests and many educational contents adapted to adults, as well as to children and families.
The 2,100 lots available in this first sales cycle are located on Pomokata, the first biome in the Winkyverse. It is an archipelago with high peaks, lush forests and beautiful beaches.
Two types of land are available for sale:
- Standard land for WN$200,000; and
- Legendary land for WN$2,500,000.
Within this metaverse, all purchases are made in Winkies ($WNK) tokens, a virtual proprietary currency. Winkies are used by major players1 only. They can then be converted into traditional fiat currencies (dollars, euros…) to generate a profit.
Cryptocurrencies and crowdfunding = crypto-crowdfunding
Crowdfunding has been talked about since the 2000s and like crypto-currencies, it breaks out of traditional patterns and has the same disruptive feature.
It was only a matter of time before these similarities gave birth to crypto-crowdfunding.
Let’s briefly recall what crowdfunding is.
It is a mechanism by which funds are collected from a large public for the financing of a project.
It can take several forms: donation, loan or investment.
It is a market valued at $13.35 billion with a projected annual growth rate of 11.65% between 2022 and 2027.
However, even though crowdfunding is on an upward curve, for many years it has faced criticism regarding misappropriation of funds and lack of transparency.
This is where blockchain comes into play to reassure investors.
Indeed, it ensures a better follow-up, a transparent and simplified management.
This is possible thanks to the smart-contracts which govern the governance and guarantee a permanent traceability.
The advantage of cryptocurrencies is that they facilitate secure exchanges, quickly.
Therefore, crypto-crowdfunding is a profitable alliance for both parties.
WEB3 and decentralized finance, same fight?
It is safe to say that many of the objectives of WEB3 serve and support the goals of decentralized finance.
It is however important to specify that the Web3, which represents this new layer of Internet based on the blockchain, is not only about “speculation”.
The utilities and potential uses of Web3 are diverse and varied and respond to real problems, here are some examples:
Data control is becoming more and more a problem to which Web3 can provide practical solutions.
Indeed, we can only notice that today Internet is largely dominated by a few Tech actors. You all know them: Google, Amazon, Meta (ex-Facebook) and the others. These giants embody an Internet in which all data, yours and companies’, are centralized. Big Tech uses this data to sell advertising and push their own products and services. Not very satisfying, is it?
If blockchain and Web3 technologies are not the miracle solution to this centralization, they nevertheless offer an interesting use case: taking back control of our personal data (identities, banking data, subscriptions, etc.) that are written in a blockchain and that only we would be able to consult (especially via our digital wallets).
We could also mention the fact that Web2 allows the valorisation of personal data, indeed, if you take back the control of your data, you can decide who will be able to benefit from it. You can, for example, decide to give it to a company that would like to use it for advertising or something else.
For a creator, like a singer, Web3 also potentially allows to reappropriate part of the value of his songs by distributing them directly, without intermediary, via NFT. And this is where DeFi comes in, by combining WEB3 and DeFi, everyone will be able to take back the control of his life on the net and even in the real world which is more and more in interaction with the web.
Latest news from the metaverse
Darkverse, will it be soon unfortunately a reality?
Darkverse, this word is for the moment a pure invention but could become popular in the future, because who says metaverse, also says darkverse, like the web with the dark web.
Computer security company Trend Micro recently published a report on the subject. It details the potential security risks of the metaverse, which is still a relatively new field. According to Trend Micro, the virtual worlds of Web3 could have their own illegal counterpart, which they call the “darkverse”.
“In some ways, [the darkverse] is more dangerous than the dark Web, because of the pseudo-physical presence of users. It mimics clandestine physical meetings, in contrast to the open threads on the dark web’s criminal forums.”
Darkverse, not necessarily only negative?
The darkverse could be used to provide illegal marketplaces, but also for other non-crime related uses:
“This space could also be used to promote free speech in the face of oppressive entities or governments.”
If the darkverse sees the rise of illegal digital venues, access could require identification tokens, likely in the form of non-fungible tokens (NFTs).
This would then pose a problem for law enforcement, who would have no way to enter.
Another hypothesis to limit access: users could potentially only enter such places if they are physically present in a certain area.
As we can see, the potential risks raised by the report are not really different from those that already exist with the darknet.
The presence of “pseudo-physical” users does not fundamentally change the way this type of network works, as the addition of an avatar is in itself only a way of interacting in a different way with these virtual worlds.
Nasdaq, un nouvel acteur majeur se lance sur le marché des cryptomonnaies
Quand on parle du NASDAQ, on parle d’une entreprise gérant le deuxième plus important marché d’actions des États-Unis. Cela situe l’importance de cette nouvelle pour le monde des cryptomonnaies, il semblerait qu’elle soit sur le point de
lancer son propre fonds de gestion de cryptomonnaies pour les institutionnels
Le Nasdaq, la deuxième Bourse la plus importante des États-Unis, s’apprête à lancer un service de conservation de cryptomonnaies.
Baptisé « Nasdaq Digital Assets », celui-ci sera exclusivement réservé aux clients institutionnels.
Cette annonce est faite sous réserve d’une approbation des régulateurs américains.
Abuses that could cost the US dearly in the future
The SEC’s announcement is baffling, here’s a summary of what they think:
As far as the SEC is concerned, Ethereum (ETH) transactions “take place in the United States.”
The SEC allows itself a daring and dubious shortcut, by estimating that because of the important concentration of its validation nodes, the transactions on Ethereum took place in the United States.
In addition to the legal aspect, this highlights flaws caused by geographical centralization. According to Etherscan, the United States is indeed the country with the most nodes, with 4,365 nodes, or 46.19% of the network.
This highlights the importance of decentralization in order to avoid, as much as possible, offering one country more than another the possibility of appropriating a project that is the property of no particular country.
Latest DeFi News with OpenSea
OpenSea, the leading platform for NFT transactions
The current bear market, which has hit the entire crypto market, has not been kind to the non-fungible token sector.
If you are interested in NFT news, then you will be interested to know which of the NFT trading platforms is the most popular.
OpenSea, still #1
While OpenSea recorded $502 million in sales in August, global NFT sales fell 7% to about $634 million from $682 million in July.
Despite being down more than 80% from its all-time high in January, OpenSea still leads the top NFT marketplaces in terms of sales volume.
Last month, the NFT platforms achieved a combined volume of $613 million. This means that with its $502 million volume, OpenSea has captured an 82 percent share of the non-fungible token market.
Just behind OpenSea, in second place, we find Magic Eden with a volume of nearly 66 million dollars.
After The Merge, the Ethereum ecosystem could attract more and more institutions
Once the Merge succeeds, according to one study, it is quite possible that Ethereum could replace some business tools.
Indeed, a study suggests several use cases that could allow Ethereum to serve businesses, the project could also attract more and more institutions.
To demonstrate this, the study highlights three use cases, starting with payment methods.
Companies such as Paypal or Visa could take advantage of the blockchain to improve their transactions.
As for the private blockchain, it could enable interbank payments that require confidentiality but not necessarily speed.
The second use case includes the simplified creation of marketplaces through numerous tools or platforms available on the main network.
Multiple layers could also be used in case of large volumes.
Finally, according to the study, Ethereum would make tokenization possible while ensuring regulatory compliance.
In order to demonstrate that such a use would already be possible, the document takes as an example the company MS Azure, whose tokens are used to record and then transmit data.
Ethereum thus seems to have several alternatives that can replace the current tools of companies.
Attack on Tornado Cash and its users sparks solidarity
The lawsuit between Tornado Cash and the U.S. Treasury is undoubtedly one of the thorniest cases in the history of cryptocurrency. It is also attracting the interest of the biggest figures in the crypto world. This is notably the case of Coinbase. It announced on Thursday the funding of a lawsuit filed against the US Treasury.
Coinbase finances the Tornado Cash VS OFAC trial
On August 8, 2022, the U.S. Treasury (OFAC) banned access to Tornado Cash. This is an open source cryptocurrency mixer or blender that runs on Ethereum. This sanction follows allegations that Tornado Cash helped hackers (backed by the North Korean government) launder nearly $7 billion in virtual currencies.
On Thursday, September 8, 2022, six people decided to file a lawsuit in the federal court of the Western District of Texas.
The goal: to block the sanctions imposed by the U.S. Treasury Department and force it to remove Tornado Cash from the blacklist. In his statement yesterday, Brian Armstrong (CEO and co-founder of Coinbase) said he would fund the lawsuit.
In the official Coinbase blog, Brian Armstrong explains the reasons for his support. According to him, many users will find their funds trapped as a result of the sanctions imposed by the US Treasury. Even worse, they will no longer have access to an essential privacy tool. Knowing that Tornado Cash does not only allow mixing cryptos. This tool also optimizes the confidentiality of transactions.
It is therefore a question of defending the freedom of everyone to be able to continue in the future to make transactions respecting the private sphere and therefore anonymous by stopping thinking that anonymous transaction automatically means “criminal” transaction.
Surfin’Bitcoin 2022 à Biarritz
La conférence en France qui s’impose de plus en plus comme l’événement qui marque la cryptosphère et la DeFi francophone.
Lors de cet événement, il y en a eu pour tous les goûts. Les conférences se sont articulées autour de quatre grands thèmes :
Géopolitique et économie, Minage et énergie, Finance et régulation, Technologie et outils.
En résumé, on peut dire que cette édition Surfin-Bitcoin 2022 fut un succès. Un temps magnifique, des participants de qualité et une ambiance à la rigolade sur la magnifique terrasse surplombant la grande plage. Quel bonheur de quitter son avatar anonyme pour trinquer avec les siens. On a déjà hâte d’être à l’année prochaine !
Central banks’ digital currencies, the BCE’s very clear opinion
The European Central Bank (BCE) has published a new research report on central bank digital currencies (CBDs).
It contrasts them with stablecoins, and finds that institutions are the only ones able to preserve monetary stability.
We can see that if the FED in the USA is for the moment rather reserved on the subject, the BCE seems to have decided.
Indeed, for her, central bank digital currencies are the only “viable” alternatives to cash.
Crypto-currencies are still considered too unstable and could unbalance the Eurozone and completely destabilize the economy and the financial world.
Everyone will judge the relevance of these words.
Dollar-linked stablecoins soon to be banned in the EU?
It’s called the MiCA regulation, you may have heard of it. What we can say is that it is far from being unanimous, on the contrary, indeed, the crypto lobbyist associations are demanding explanations.
In effect, the MiCA regulation will ban dollar-backed stablecoins in the 27 countries of the European Union (EU).
In practical terms, this proposal places restrictions on the issuance and use of stablecoins linked to a non-local currency. For example, it does not affect stablecoins backed by an official currency of an EU member state.
According to two crypto lobbyist associations, restricting the use of stablecoins backed by foreign currencies in the eurozone would “cause crypto markets to seize up.” This could lead to a significant flight of cryptocurrency activity out of the EU.
Ripple, one of the fastest growing startups in the USA
Ripple recognized as one of the “fastest growing” startups in the U.S.
The blockchain and crypto-currency fintech company was founded in 2012 and has over 1,000 employees. However, despite growing 236 percent over the past three years, it has lost about 1,800 positions.
As of last July, Ripple Labs co-founder Jed McCaleb has made at least $3.14 billion in profits from the sale of 5.7 billion XRP tokens over the past eight years, according to crypto-currency tracking tool Whale Alert.
McCaleb sold the last of its 9 billion XRP, ending a wave of dumping that began in 2014. BeIncrypto revealed that his “tacostand” wallet data shows a balance of about 48 XRP worth $17. His last outgoing transfer of 1.1 million XRP tokens was valued at over $396,000.
Some of the fastest growing crypto companies include BlockFi, Coinme and Ledger, among others.
And for Ripple, it’s all beginning, its development is far from over. In fact, Ripple is actively seeking M&A opportunities to strategically grow the company.
El Salvador joins the list of the World Tourism Organization (UNWTO), could it be because of Bitcoin?
For the President of El Salvador, there is no doubt, he said it very clearly:
the influx of tourists is due to the adoption of Bitcoin
It is a fact that is very clear, the data of the World Tourism Organization and Google reveal a peak of interest in El Salvador.
In fact, El Salvador is one of the few countries that have seen their tourism development grow in such proportions.
In short, President Bukele explains this tourist influx by the adoption of Bitcoin (BTC) as a legal tender and the promotion of certain sports like surfing.
New technologies have always started by scaring the majority and right-thinking people, it was the case with the internet, websites, it is the same with today’s cryptocurrencies.
However, it’s up to you to estimate if the success will be as great in the future for the latter as it was in the past for the internet and the web as we know it today.
On this reflection depends perhaps the state of your fortune in the future.
Is this already the end of Bitcoin’s dominance over altcoins?
It is true that if you look at the numbers, the graphs, you can see signs that could make altcoins enthusiasts happy.
While everyone can see that the crypto market has largely suffered since the beginning of 2022, we can also notice that everything is gradually coming back into place.
Currently, the bitcoin (BTC) price is bullish and the uptrend seems to be underway, although it requires passing the $31,000 mark in order for this trend to be well confirmed.
Bitcoin is the leading crypto by capitalization. As a result, it single-handedly dominates the crypto market. However, there is a period during which altcoins take over and acquire a higher market capitalization than BTC. This is known as the Altseason or altcoins season.
During this period, it is recommended to invest in altcoins rather than BTC. In order to invest well, it is best to follow the cryptocurrency news assiduously. During the dominance of bitcoin (BTC), it increases in value rapidly. It’s quite the opposite during the Altseason.
If altcoins are ready for the Altseason, in my opinion, it is still a bit early to say that we are already completely in the Altseason, because it all depends on what Bitcoin will do in the coming weeks. However, it is true that it is becoming more and more interesting to get informed and why not take positions on some Altcoins that could well see their price soar soon.
Latest DeFi News, dernière actualité DeFi et crypto
BlackRock – Coinbase, ce partenariat pourrait-il relancer le monde de la crypto ?
Coinbase a été sélectionnée par BlackRock pour permettre aux clients d’Aladdin d’accéder au négoce et à la conservation de crypto-monnaies via Coinbase Prime.
Cela signifie que :
La plus grande société de gestion d’investissement au monde avec environ 10 000 milliards d’actifs sous gestion et qui opère dans 30 pays s’intéresse de près, de très près aux cryptomonnaies.
Pour le monde des cryptos, c’est le jackpot, en effet, l’influence dans le monde financier de BlackRock est aussi important pour ne pas dire plus qu’un pays.
Alors quand BlackRock fait un partenariat avec Coinbase afin de créer de nouveaux points d’accès pour l’adoption de crypto-monnaies par les institutions en connectant Coinbase Prime et Aladdin, cela représente certainement la nouvelle qui peut être capitale afin de relancer le marché des cryptos.
Quand le plus grand gestionnaire d’actifs au monde désire fournir aux clients institutionnels d’Aladdin®, la plateforme de gestion d’investissement de BlackRock, un accès direct aux cryptos, à commencer par le bitcoin, grâce à la connectivité avec Coinbase Prime, cela va induire un intérêt pour le monde des cryptos qui n’aurait pas pu l’être à ce niveau en 2022 – 2023.
Construit pour les institutions, Coinbase Prime intègre une infrastructure avancée de négociation d’agence, de garde, de financement de premier ordre et de jalonnement, des données et des rapports qui prennent en charge l’ensemble du cycle de vie des transactions. Il s’agit d’un écosystème qui combine ses capacités avec des pratiques de pointe en matière de sécurité, d’assurance et de conformité pour fournir aux clients institutionnels de Coinbase une plateforme de services complets pour accéder aux marchés cryptographiques.
Les clients de Coinbase comprennent des hedge funds, des allocateurs d’actifs, des institutions financières, des trésoreries d’entreprise et d’autres institutions.
Vous comprenez maintenant mieux pourquoi ce partenariat peut faire toute la différence sur le cours des cryptomonnaies et ceci plutôt rapidement.
El Salvador and Bitcoin, a successful bet?
Determination combined with a good strategy could well make El Salvador a model for many countries to follow.
If it represents a paving stone in the financial pond and therefore is particularly disturbing for the global financial system, it is no less that this country takes well the blows that are brought to him from outside as well as from within.
For example, the development of tourism in El Salvador is promising, it is one of the countries that rebound best after Covid.
Sea, Satoshi & Sun
Despite pressure from the IMF and speculative attacks on its government bonds, El Salvador has stood its ground, and not given up on maintaining Bitcoin (BTC) as legal tender. And Bitcoin is doing it right. Indeed, El Salvador is one of the few countries whose tourism has already recovered from the Covid travel ban crisis, thanks in large part to the king of cryptos, according to President Nayib Bukele.
So clearly El Salvador has no regrets about its choice to embrace Bitcoin. As for the speculators’ attacks on its government bonds: even the big bank Morgan Stanley recognizes that they are currently undervalued.
Successful bet for Bitcoin and El Salvador? For the moment the answer is clearly yes.
Bitcoin and investment funds, a marriage of convenience?
Even if investment funds are not particularly fans of cryptos, it turns out that in view of their success, they can no longer ignore them and must therefore increasingly be able to offer solutions including them.
That is why, for example, the largest fund manager Blackrock has made a partnership with the company Coinbase.
We can see that the rapprochement between DeFI and traditional finance is accelerating but does not erase the systemic differences between these assets.
So the bottom line is this: Investors are desperate for new sources of significant returns. The goal is to reassure them and to attract investors in a market that is causing caution.
Despite the current bear market, this trend is becoming increasingly clear. Some are particularly exposed to this market today.
NFT, marketplace, Magic Eden, a serious competitor for Opensea?
The largest NFT marketplace on Solana (SOL) has achieved record performance, so yes, at this point we can say that this platform represents a competitor that OpenSea must take seriously.
But, can the platform really succeed in dethroning OpenSea? According to some analysts, it will be difficult.
Magic Eden recorded a trading volume of over $300 million. This platform makes every effort to offer users the best NFT projects on Solana. In addition, it provides NFT creators with great liquidity. Currently, this NFT marketplace based on the Solana blockchain (SOL) is valued at $1.6 billion.
Magic Eden recently announced that it will soon be available on the Ethereum blockchain (ETH). Therefore, we can talk about a platform that offers a serious alternative to OpenSea.
CBDC: What is it?
CBDC, four letters that you will come across more and more, because, indeed, the CBDCs are on the rise.
A recent survey conducted by the bank of banks, the renowned Bank for International Settlements (BIS) found that
90% of central banks are considering implementing central bank digital currencies (CBDCs).
This figure was already 80% in 2021. A development that speaks volumes. The example of the Bahamas, China or the Eastern Caribbean seems to be democratizing.
Could CBDCs mark the end of the cryptocurrency market?
That’s what many experts are saying, but sorting out the information on this topic remains complex.
The potential of CBDCs is increasingly discussed. And for good reason. Some people go so far as to think that they represent a real revolution in the monetary system.
Economic fantasy or short-term reality?
It should be noted that the main benefits of CBDCs include:
Higher transaction efficiency, with reduced payment time.
Financial inclusion through the elimination of costly third-party fees for cross-border payments, and increased accessibility to payment channels.
Are these features capable of stimulating the economy? The answer is a resounding yes.
The technological advantages of a decentralized blockchain work in conjunction with a centralized authority. The latter directs the creation, confidentiality and distribution of the digital currency, and this is where the main problem or weakness of CBDCs appears for freedom-loving people, in fact, these four letters could well become your future nightmare, really?
Read the article:
CBDC, the end of your freedom?
GameFi, the sector that best resists the bear market?
Nothing like a bear market to weaken centralized and decentralized finance. Except that, in the midst of this turmoil, one sector is doing very well: GameFi. Indeed, this sector is currently performing almost as exceptionally as in the past.
If you follow GameFi news, you will have noticed, the GameFi sector has been the least disrupted by the bear market.
In fact, it’s safe to say that for blockchain-based video games, the trend is up.
We can also see that:
GameFi concentrates more than half of the blockchain activity.
According to DappRadar, investors saw the cryptocurrency market crisis as an opportunity to mark up their investments.
As a result, they have injected no less than $2.5 billion from April to June 2022 alone. With almost the same amount placed in the first quarter, at present, the $4 billion recorded in 2021 is already exceeded.
Stanger Things, what does it have to do with Netflix?
The relationship is direct since the platform
Netflix announced to launch a collection of 11 111 NFT on the theme of one of its flagship series: Stranger Things.
For those who do not know, it is a successful Netflix series.
It tells the adventures of a group of children in the small town of Hawkins in the United States.
Together, they will have to face supernatural events. And now they have their own NFT collection…
Thanks to Candy Digital, Netflix offers 11,111 NFTs.
This collection will delight the most dedicated fans of Stranger Things.
The NFTs are available as of Thursday, July 14, two weeks after the launch of the second half of Season 4. The Upside Down series includes 17 limited edition digital posters of key characters from the series, including Eleven, Will, Dustin, Eddie, Steve and more.
As with other NFT samples, buyers of the Upside Down series will not know which character poster they have purchased until they open the “Mystery Box.”
Latest bear market news
And if Bitcoin goes down to $12,000, what do you do?
In general, when the price of Bitcoin is at its highest, a lot of people say: “If Bitcoin goes down at least 50%, then I’ll buy. Except, that’s what they say when it’s at its highest, but when it’s down 50%, what happens?
I’ll let you guess, in short, Bitcoin would have to lose 50% or 80% but following good news for people to buy.
Let’s be serious, the investors who are going to earn a fortune again in the next few months are not going to be influenced by market noises, by what this or that magazine or journalist writes, which are often just parrots who are there just to relay the dominant idea of the moment and note events that they don’t understand much about.
In fact, the fall in the price of Bitcoin is to be seen as an opportunity that was absolutely unthinkable a few months ago. Those who believe in this ecosystem and have understood what Bitcoin is all about are jumping for joy, while others are crying.
The solution: you have to read up on the whole ecosystem, not just one aspect. Buy out of conviction and with a vision, otherwise, indeed, it is better to abstain.
Why do people lose a fortune with Bitcoin?
Simply because they don’t know anything about it and buy Bitcoin when everyone else is buying, which is the worst possible time for real investors to sell.
In short, buying high and selling low is the ideal formula for ruining yourself, and yet that’s exactly what most people do.
Knowing how to take advantage of Bitcoin’s volatility is what those who make a fortune from cryptocurrencies do. It’s not too complicated, but on the other hand, it may not be as simple as most people think.
The most wanted person in Europe and the world for cryptocurrency scams, is it a man or a woman?
On June 30th, the Federal Bureau of Investigation (FBI) added Ruja Ignatova to its list of most wanted fugitives on 8 counts.
This means that Ruja Ignatova enters the Top 10 Most Wanted Fugitives, along with Arnoldo Jimenez, Alexis Flores and Rafael Caro-Quintero.
What did she do?
She took $4 billion from people who put their trust in her fake cryptocurrency called OneCoin.
Ruja Ignatova was able to seduce investors at the time. She was able to fill rooms like the Wembley Arena in London.
This, among other things, contributed to the massive influx of customers into her in-between. In 2016, OneCoin had about 3 million investors.
Namely, a reward of 100,000 dollars will be offered to anyone with information that could lead to the arrest of Ruja Ignatova.
Remember? She managed to swindle 4 billion dollars from those who invested in OneCoin.
Les influenceurs ont-ils un effet positif ou nocif sur les investisseurs ?
On peut dire qu’en général ils ont une influence plutôt positive, sauf que, quand cela dérape, cela se voit, et ça peut faire mal.
Certains influenceurs peut scrupuleux peuvent très bien acheter une crypto et s’arranger pour faire monter le prix en utilisant des arguments qui dépassent le bon sens.
Ils manipulent des informations véridiques en les sortant de leur contexte.
Il faut comprendre que dans le domaine des cryptomonnaies, il est possible pour un influenceur de gagner rapidement de l’argent, beaucoup d’argent.
S’il achète au tout début d’un projet un token et qu’il a une communauté assez importante, il peut réellement influencer le cour de ce token. Une fois qu’il a réussi son coup, il lui suffit de revendre ses tokens. Le projet en question étant nouveau, il a en général peu de liquidités et donc sa revente fait s’écrouler le prix du token en question, et sa communauté se retrouve prise avec un token qui a divisé par 10 ou bien plus, et ceci en quelques heures, pour ne pas dire moins. Alors prudence, quand vous suivez les conseils des influenceurs.
Latest news from the metaverse
Metaverse, a tsunami that will radically change the face of the Internet
Metaverse, the revolution starts now, the biggest in the field of Internet understood it, example: Facebook renamed Meta, ready to change everything and risk not to miss the turn.
Here’s what Mark Zuckerberg says about Meta’s stance on the metaverse:
“We think the metaverse will be the successor to the mobile internet; we can feel present, like we’re right there with people, no matter how far apart we actually are.”
The changes in strategies and techniques will be felt both internally, impacting on the management of the company, and externally with the management of users.
In the Web3 environment, creators will also be the primary beneficiaries of revenue. So it seems that Meta will experiment with the impact of this model on its results. Indeed blockchain technology wants to be able to cut out the middlemen like Meta, to avoid this, the company becomes the solution to its own problem.
Meta is in the midst of a transformation and has decided to embrace Web 3.0 fully, at the risk of sinking its flagship products, in order to prepare for the revolution that the metaverse will bring in our personal, professional and everywhere else lives.
Bear market, it’s not bad for everyone
We always talk about the companies that are doing badly because of the bear market, but rarely do we talk about the ones that are doing very well even in the bear market and sometimes we can even say that they are taking advantage of the bear market.
Here are two examples, the first with Nested which specializes in social trading and allows novice traders to give themselves a better chance of winning their trades by following, copying professionals.
We can also talk about the decentralized trading platform gTrade which allows traders to trade without sending their money to a broker, which in these times is a guarantee of more security for traders. No one wants to take the risk of having their assets blocked by a trading platform, and this ecosystem meets this need exactly and is gaining more and more followers.
So, yes, there are many examples of companies that thrive in a bear market, and in general, they have been able to respond to specific needs that are important to their users.
Latest news, Visa launches crypto cards in Latin America
Visa has announced partnerships with several fintech startups in Latin America.
Launching a series of crypto credit cards making it easier to make payments in cryptocurrencies.
Indeed, Visa has announced collaborations with various fintech companies and IT startups in Brazil and Argentina, including Satoshi Tango in Argentina, and other startups like Crypto.com, Alterbank and Zro Bank in Brazil.
This will allow users to make transactions with Visa cards and receive cryptocurrency cashbacks every time they spend.
It should not be forgotten that bitcoin continues to attract, for example in Argentina, an ever-increasing part of the population that seeks to fight against the growing inflation in the country.
Wouldn’t a drop in Bitcoin be desired by some whales?
Bitcoin (BTC) is currently in a downward trend for the past few weeks and is currently in a range, with the price oscillating between $28,000 and $32,000.
Behind this trend, however, would be a desire of the whales to strengthen their stocks of digital assets in order to create a new dynamic in the market. At least, this is what several professionals in the cryptocurrency market think.
Latest DeFi News:
Crypto special, let’s take a look at what’s going on with Bitcoin, knowing that it then carries over to the crypto universe as well as in DeFi related projects.
The whales, the big investors take this drop as a bargain. They take advantage of it to accumulate Bitcoin at a good price.
This also means that the new trend of mega whales could have remarkable effects on the price of Bitcoin (BTC).
This could be a sign that investors are going to be very interested in bitcoin (BTC) in the coming months, which will only strengthen its value.
Which mega whales are on the move in the BTC market and increasing their stock?
We can mention Michael Saylor’s company MicroStrategy. It is an important player in this field. As of April, it had bought 4,167 BTC, or $190.5 million. Alongside it are other companies such as Binance, Bitfinex and OKEX.
The drop in value of BTC does not cool the willingness of the mega whales to increase their stock. They continue to buy BTC so that today they hold almost 12% of the total supply in the market.
Analysts believe that this trend allows them to see a positive future for the cryptocurrency.
Some sharks have crept into the crypto world, sometimes you spot a new one, would that be the case with Do Kwon?
Do Kwon is said to have regularly sent huge amounts of money to unknown addresses. Worse, he would have done so just before the collapse of Terra Luna.
he could well be blamed for having repeatedly sent the sum of 80 million dollars on unknown wallets, this before the fall of Terra Luna.
We discover with amazement that Do Kwon, since a few weeks, even months, would have made very doubtful transactions and with considerable amounts, amounting to several hundreds of millions of dollars.
The latter, however, is seriously starting to accumulate investigations on his person and on the companies linked to the Luna classic, Luna 2.0 and UST tokens.
In the last few hours, new damning revelations have been made by members of TerraForm Labs itself.
These employees have confirmed to the SEC (Securities and Exchange Commission) that every month, 80 million dollars were redirected to unknown wallets, and this for several months before the crash of Luna first version and the UST.
These multiple money transfers would have started a few months before the crash of stablecoin and the ecosystem’s flagship currency, thus further raising suspicions of money laundering or premeditated capital flight.
What if these transactions simply revealed that Do Kwon was aware of the impending implosion of the entire Terra ecosystem and that this situation guided his actions? The SEC is rightly wondering and wants answers.
Bear market, how to manage it?
Bear market, we talk about it a lot, it’s good to see it but then, what do we do?
The losses can sometimes be spectacular during a bear market, especially when everything gets out of control and you experience falls like the one that happened to Luna, for example.
Emotionally, it is very difficult. That’s why we have to say over and over again that you should never trade more than you can lose. This means that any loss should not have any significant influence in the trader’s life. By respecting this, living a Bear Market becomes much easier and allows you to stay in control.
Keeping control also means:
Being able to identify the lows in the market, so that you can reinvest at the right time and thus take advantage of the downturn to invest for a quick gain on a rebound or a larger gain by swing trading.
A bear market offers many opportunities for gains, except to the one who persists in playing the guessing game and thinks he knows. No one knows, but some people, those who have learned, know how to recognize the moments that offer a maximum chance of gains, we still do not speak of certainty in this case, but of quasi-certainty.
Making a trade with near certainty requires knowledge, patience and a good mind. It’s a very demanding profession, and all amateur traders who think they are soothsayers learn this through great losses and emotions that become increasingly difficult to manage, because they are destructive.
Managing a bear market is possible, but you can’t improvise yourself in trading, you should never improvise yourself as a trader, especially not in a bear market. Because there are all the smart people who know that the market is going to go up, we don’t know how they know but they feel it… And there are those who remain bearish even after a strong fall and do not see the rebound that will ruin them if they remain bearish just because we are in bear market.
So in summary, one word to remember, training. Without training, the best way to manage a bear market is simply not to trade.
But in any case, when you access your favorite decentralized or centralized trading platform, only trade what you can lose. This loss should in no way have a negative impact on your daily life, at which point, emotionally, you will always be in control
Ethereum, what price in the future? Many experts answer this question
Ethereum, just like Bitcoin, some see it rising and even strongly.
The Finder site interviewed a number of specialists and according to them, its price could more than double by the end of 2022, before reaching $26,000 in 8 years.
- $6,500 in 2022
- $11,000 in 2025
- $26,000 in 2030
Last little information:
Nearly 79% of financial technology experts believe that Ethereum‘s transition to a proof-of-stake validation protocol (with miners being replaced by “stakers”), scheduled for this year, will have a positive impact on ETH’s price.
Crypto trading and Forex, great contest on the decentralized leverage trading platform: Gtrade
Contest: crypto trading and Forex
Decentralized leveraged trading, two big contests with tens of thousands of dollars to be won, first contest is going on now, it lasts one month, you can still participate and the 2nd one will be on February and March, it will also last 30 days.
Here is the announcement made by the platform:
We are delighted to announce that Polygon is supporting the adoption and growth of gTrade, our decentralized leveraged trading platform, with a $250k grant in MATIC tokens targeted for trading incentives.
Latest DeFi news related to trading
We mean the only decentralized leveraged trading platform that supports 43 crypto-currency pairs and 10 currency pairs and charges no funding or borrowing fees to keep trades open.
In fact, trades have no impact on the platform’s prices because it uses a synthetic architecture connected to a custom Chainlink decentralized oracle network offering real-time medianized spot prices, which also filter out bad volatility or “ripoff streaks.”
NFT news, this time the NFT boom is coming to the photo world
NFT news, it is now confirmed, the NFT boom continues to explode, reaching the world of photography.
Digital images are finding new life and value as NFT.
In fact, the NFT boom is no longer just a sensational explosion, but rather a new reality for digital creators.
In the photography world, new collectives are forming and photographers are interacting with digital images in a whole new way.
Photographers are accustomed to selling pieces as “editions”, which may be open or limited. This increases the rarity and value of their work. Photography NFTs take on the ability to produce images in open or limited editions, but with the added value of traceability and non-mutability.
This inherent feature of NFTs prevents photo forgeries, as has proven so valuable in the fashion world.
Big names in the art world use NFTs for their photos: for example, the photographer Aimos Vasquez or the representatives of the famous fashion photographer and former creative director of Chanel and Fendi, Karl Lagerfeld, had hundreds of thousands of image catalogs transferred to the blockchain.
Latest DeFi News : la finance décentralisée s’invite dans l’immobilier
Investissement immobilier, ce qui va changer à l’avenir grâce à la DeFi
Après internet, qui a déjà bien changé les habitudes des investisseurs et a bien souvent déjà commencé à changer les habitudes au niveau des transactions, voici qu’une nouvelle révolution est en marche et qui va accentuer encore le changement des rapports entre acheteurs et vendeurs ainsi que pour les investisseurs de manière plus générale.
En effet, dans le cadre de l’actualité de la finance décentralisée, on parle de plus en plus de sociétés qui se lancent dans le métavers.
Essentiellement, ce sont trois produits qui n’existaient pas encore il y a peu de temps et qui font leur entrée en force dans l’univers de l’immobilier, il s’agit des :
- prêts hypothécaires cryptés
- la propriété fractionnée.
Ce sont les nouvelles tendances qui vont changer le visage de l’investissement immobilier en 2022.
Des sociétés sont déjà très actives dans ce domaine, comme: Propy.
Propy est le plus grand protocole axé sur l’immobilier sur le marché des crypto-monnaies, et il se concentre sur l’automatisation de l’achat d’une maison et sur la rapidité et la sécurité du processus de clôture.
Après être devenue la première entreprise à lancer un NFT immobilier en 2021, Propy a fait des vagues pour la récente vente aux enchères de NFT immobilier aux États-Unis après avoir vendu une maison à Tampa, en Floride, pour 210 Ether ( ETH ) d’une valeur d’environ 650 000 $.
On peut également parler de Milo qui est une start-up fintech basée à Miami et qui prétend offrir la première « crypto-hypothèque » au monde en permettant aux clients d’utiliser Bitcoin ( BTC ) comme garantie pour se qualifier pour un prêt de 30 ans.
Une fois lancé, le service sera ouvert aux clients américains et internationaux cherchant à acheter un bien immobilier aux États-Unis.
En cherchant un peu, vous pourrez trouver encore de nombreuses preuves de la popularité croissante des projets axés sur l’immobilier dans l’écosystème de la blockchain, ceci en examinant plusieurs projets qui ont déjà commencé à émerger sur la scène immobilière en 2022.
Mastercard wants to offer a true advisory service to its customers for cryptocurrencies and NFTs
Indeed, the giant Mastercard has announced the extension of its advisory service to cryptocurrencies as well as non-fungible tokens (NFTs).
Still aiming to position itself in the cryptocurrency sector, the company wants to support merchants who need help in adopting this new technology as well as digital objects.
The idea behind this support is to allow the creation of synergies around cryptocurrencies. This can be the creation of a loyalty program, or the implementation of a new payment method.
“This evolution of consulting is a recognition of the changing world and our business. It’s about helping customers navigate today’s challenges and anticipate tomorrow’s,” said Mastercard Data Services President Raj Seshadri.
In addition to this goal, Mastercard plans to assist central banks in their thinking about creating central bank digital currencies (CBDCs).
In fact, the payment giant launched a test platform for such digital currencies in 2020.
Bitcoin, legal tender in Lugano (Switzerland)
After El Salvador, it was not expected that Switzerland would react so quickly and that Bitcoin would become de facto legal tender in Lugano, a city located in Ticino.
Lugano will become a very attractive city, a new place in the world to live in crypto.
Indeed, the city will become a major center for the adoption of blockchain in Europe” and promote it at the local community level.
For example, everyone will be able to pay their taxes in Bitcoin or pay businesses, restaurants and others in cryptos.
Michele Foletti, mayor of Lugano, wants her city to become a model for global adoption of cryptocurrencies.
Note that this one started with the adoption of a digital token and a token that modernizes local loyalty programs.
Latest DeFi News:
The metaverse is becoming more and more important in the world of sport.
MANCHESTER CITY creates the event in the metaverse
The metaverse news is currently rich in events, here is another important news.
MANCHESTER CITY has indeed confirmed its intention to create its own stadium in the metaverse. To do this, an agreement has been reached with Tezos.
Concretely, this will help the English soccer club to become familiar with web3. Tezos could also play a major role in the future launch of collectibles and other digital products for fans.
The goal is to create a virtual replica of the Etihad Stadium, the stadium of the English soccer club.
What is also interesting to note is that such a project in the metaverse will not only open the doors of the Manchester City stadium to its fans, but also bring them closer to the team.
So it looks like Manchester City will be leading the way in the digital Metaverse, with the help of virtual reality experts from Sony, who are recreating the Etihad Stadium in the Metaverse, with the hope of making it City’s hub in the virtual reality world.
These virtual stadiums will also have the ability to accommodate far more people than real stadiums, so fans will never be disappointed that they couldn’t attend a game.
We can say that things move much faster than we think in the universe of the metaverse, here is one more proof.
DeFi, balance sheet for about a year, the figures
Let’s talk about DeFi, what the numbers tell us about 365 days.
Indeed, it is impossible to talk about the state of decentralized finance news without giving a numerical update of the situation.
Latest DeFi news about the state of this ecosystem
Due to precarious macroeconomic conditions accelerated by Russia’s invasion of Ukraine in February, risks such as stocks and crypto have trended lower throughout 2022.
However, one crypto niche has suffered longer than the rest of the market: the DeFi tokens.
Here are three significant facts:
- Crypto’s DeFi sector has been trading in a bear market for more than a year, with many of its major projects falling more than 80% from their all-time highs.
- MakerDAO, Aave, and Uniswap have traded lower over the period, despite maintaining or improving fundamentals.
- The second largest lending protocol, Compound, lost 92.5% in value and arguably deteriorated in all areas of fundamentals.
We can only note one thing, after such drops, those who believe in crypto, DeFi, will be able to make excellent deals and will certainly count on this significant drop to make a small fortune in the future, because there is no shortage of opportunities for those who believe.
Quels sont les 5 tokens qui pourraient être les plus prometteurs?
L’un des secteurs émergents dans l’espace blockchain, la finance décentralisée (DeFi), est un protocole basé sur la blockchain qui existe pour éradiquer les tiers comme les banques et les institutions financières de toutes les transactions financières.
Cet article vise à fournir aux utilisateurs une vue détaillée des cinq meilleures pièces DeFi disponibles sur le marché ainsi que la mention de la meilleure plateforme de trading décentralisée pour ceux que cela intéresse, pour ce faire retrouvez dans votre langue préférée l’article : decentralized trading platform.
Voici les cinq jetons que je recommande :
DeFi Coin – La meilleure pièce de monnaie DeFi à acheter.
Fonctionnant sur la Binance Smart Chain (BSC), DEFC est le jeton natif de la bourse DeFi Swap. Après la mise en service du DEX (échange décentralisé) de DeFi Swap début mai 2022, le prix de la pièce DEFC a connu une hausse exponentielle.
Le 5 mai 2022, la pièce DeFi a rapporté 5 fois son prix, passant de 0,1 $ à un maximum quotidien de 0,5643 $.
Lucky Block – Nouvelle crypto-monnaie de jeu à surveiller
Mana – Projet DeFi pour investir dans le metaverse
Uniswap – Meilleur projet DeFi et fournisseur de liquidités
Yearn Finance – Gagner des intérêts et contracter des prêts en utilisant DeFi.
Although there are new DeFi coins launched all the time, I see DeFi Coin as a very promising coin in the future, so you can make up your own mind.
PayPal, ever more involved in crypto related services.
PayPal does not hide it, it wishes to develop always more its services related to the cryptocurrencies as well as the electronic currencies of the central banks, the MNBC.
In the context of decentralized finance news, we don’t often have the opportunity to see major players in decentralized finance news come and offer services that serve as a bridge between individuals and cryptocurrencies, with PayPal, this is the case.
PayPal does not hide it, it wishes to develop always more its services related to the cryptomonies as well as the electronic currencies of the central banks, the MNBC.
After launching payments in Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) in the United States, PayPal wants to expand its offer related to digital currencies, says Richard Nash :
“We’re looking to work with others to encompass everything we can, whether it’s the coins we have today in PayPal digital wallets, private digital currencies or MNBCs in the future.”
PayPal is one of the world’s largest payment companies, which has ventured into cryptocurrency and blockchain in recent years. It has over 420 million users. And that represents a gold mine for the company’s growth. Its revenue increased by 19% in the second quarter of 2021 compared to the same quarter in 2020.
One reason for this increase is PayPal’s owned payment app Venmo. After introducing cryptocurrency payments in April 2021, the app’s transaction volume increased by 58% between 2020 and 2021.
NFT and Metaverse news, a new convert: Red Bull
Red Bull after careful consideration is planning to expand into the metaverse and offer NFTs.
The metaverse news as well as the news of NFTs is currently marked by the statement of Red Bull. Indeed, Austrian energy drink giant Red Bull, which filed a trademark application on March 3, 2022, signaling that it wants to expand into the metaverse and sell non-fungible branded tokens, is the latest company to start taking the plunge.
As Michael Kondoudis, a registered trademark attorney related to the metaverse, pointed out, companies are laying the groundwork for an eminent transition to a virtual marketplace.
“The metaverse is real and companies need to plan accordingly. Companies no longer need to wonder if it will happen. It’s just a matter of when,” he said.
Indeed, Red Bull is far from the only brand to invert itself into NFT and the metaverse in recent weeks. Trademark applications in these sectors are really on the rise, it must be said that it is becoming important for companies to protect their respective brands in order to avoid any abuse in the metaverse.
For Red Bull, they have been steadily increasing investments in the world of NFT and the metaverse. We can see that after their recent partnership with Bybit, the company is back in the spotlight as the latest company to file trademark applications in the metaverse.
Latest news DeFi, where are we in cryptocurrency payments?
Latest news about the possibility of paying online with cryptos:
Shopify to offer users the ability to pay in crypto through an alliance with crypto.com
Here it is, Shopify customers can now pay in cryptocurrencies.
Shopify has just joined the list of Crypto.com Pay partner companies.
This partnership will also allow Crypto.com to expand its user base.
This is a win/win deal, as this new partnership could help Shopify grow its business, attracting more merchants to its platform. As a result, this could boost crypto adoption, as remember, Shopify has over a million registered stores worldwide.
This will allow the cryptocurrency to grow faster on a large scale and for Shopify to attract new customers as well.
Unprecedented crash in cryptocurrencies, the consequences are starting to be felt
The Terra ecosystem, one of the largest DeFi projects, has collapsed in a matter of hours. This caused an unprecedented crash in the entire crypto universe.
Many consequences resulted, here is another example with CommBank, Australia’s largest bank issuing doubts about cryptocurrency trading.
For the head of CommBank as well as for many crypto users, digital assets represent a huge interest. However, the high volatility and lack of regulation makes this area risky and unreliable.
In short, nothing is lost. Indeed, the cryptocurrency crash has a major impact on the various stages of digital asset adoption. Australia like the other countries that gathered in El Salvador, recognizes the interest of cryptos and is looking for a way to regulate their use.
Magic Eden, the new NFT platform to rival OpenSea
Magic Eden has big ambitions and hopes to capture a significant portion of OpenSea’s market share.
It must be said that the company is giving itself the means to succeed, indeed, in order to create a viable NFT marketplace on Solana, already 27 million dollars have been raised.
Magic Eden focuses primarily on trading NFT games on Solana.
Let’s talk numbers:
3% of all non-fungible token (NFT) purchases take place on the OpenSea marketplace. According to DappRadar, the NFT platform has already achieved a sales volume of $23.3 billion.
However, OpenSea is still limited, particularly due to its use of the Ethereum blockchain.
We can believe it, and it is the case of many investors, but the numbers remain the numbers and for the moment, they are eloquent: Magic Eden has received only 27 million dollars during its last fundraising, a minimal amount compared to the 13 billion dollars accumulated in January by OpenSea.
Magic Eden has the support of investors and 55 employees worldwide. The company hopes to capture some of OpenSea’s market share. Its first physical office will open in San Francisco in April 2022. In addition, the company has created a decentralized autonomous organization called MagicDAO, which will allow all users to vote on the NFT collections featured on the homepage.
Latest News DeFi: Crypto and Real Estate
Real Estate rental, will it soon be possible to pay in crypto?
Real Estate rental, and if you were offered the possibility to pay your rent in crypto, would you be interested? And is it or will it be possible in the near future?
Latest news related to the use of cryptocurrencies:
According to the latest news related to the use of cryptocurrencies, we can make the following observation.
The idea of paying rent in cryptocurrencies is not new in the real estate industry. While many have put forward this suggestion, proposals in terms of tools remained scarce or unviable until now. In recent years, however, more and more platforms are making this payment method possible. The Livly and ManageGo applications are among them. With these solutions, tenants can now pay their monthly rent with cryptocurrency.
Alex Samoylovich, co-founder of the Livly platform, just announced a new app that allows tenants to pay rent with cryptocurrency.
Livly is a rental management platform launched in 2017. The company is headquartered in Chicago, Illinois. With just a few clicks, residents can manage tasks such as moving out, setting up rental insurance, requesting maintenance …
Real estate platforms are increasingly following the trend:
The platform also integrates a private condo social network and lately, a cryptocurrency payment tool.
Livly accepts many cryptocurrencies, most notably Bitcoin (BTC) and Ethereum (ETH). That said, tenants can still pay their rent in U.S. dollars on the app. This is in response to the growing demand from residents for more flexible and easy-to-use payment options. Always motivated by resident convenience and well-being, Alex Samoylovich says, “We want to give them an additional payment option and the opportunity to choose the method they prefer.” The proptech says the new technology allows it to anticipate residents’ needs.
The idea is revolutionary. Nevertheless, Livly is not the first platform to integrate a cryptocurrency-based rent payment system. The company is following in the footsteps of ManageGo’s online platform. This is a New York-based company that provides online payment and maintenance scheduling services for landlords and tenants. As of 2018, the company accepts payments in Bitcoin. ManageGo uses Coinbase’s application programming interface (API). Through this, users get real-time exchange rates.
We can conclude that as of now it is possible to pay your rent in crypto, but it is very limited, however, the trend is going in this direction.
Binance follows the adoption of Bitcoin in El Salvador and goes even further…
Binance, one of the world’s leading cryptocurrency exchange platforms, through the involvement of its founder, Changpeng Zhao, could concretely promote the adoption of Bitcoin in the country.
Indeed, Changpeng Zhao, recently arrived in El Salvador to exchange with the government. The leader of Binance and has planned to meet with Nayib Bukele in this late March 2022.
Changpeng Zhao can be said to be fully supportive of all the economic freedom that the adoption of Bitcoin brings to a country like El Salvador, especially through the bonds backed by the country’s Bitcoin reserve.
Here is an excerpt of what he said on the subject:
“I believe that El Salvador is a country […] pioneer in this industry. In a few decades, we will look back on this presidency as a heroic presidency for the financial future.”
As for El Salvador’s Bitcoin bonds, they were supposed to be issued in March 2022, but in the end will take a while longer, perhaps until September 2022. Other priorities being on the agenda right now.
Staking on Coinbase, let’s take stock of the situation
In fact, the exchange platform Coinbase is currently diversifying not only the cryptocurrencies offered for exchange, but also its staking services.
It’s Cardano’s ADA’s turn to be concerned: users will now be able to generate rewards directly from the app.
Here is what we can say:
Coinbase announced the arrival of ADA staking today, via a statement. The exchange explains that the aim is to offer an easy-to-use service, which allows the greatest number of people to have access to it.
Staking on Coinbase with Cardano, what is the return?
The platform states that annual returns are estimated to be around 3.75%.
Users start generating rewards after 20-25 days, and these are then distributed every 5-7 days. On Cardano, locked ADAs are not blocked: they can be withdrawn at any time.
Remember that Cardano is the 5th network with which it is possible to make staking on Coinbase, the platform having already added Algorand (ALGO), Cosmos (ATOM), Ethereum (ETH) and Tezos (XTZ)
Latest News: Metaverse and Music
The Sandbox and Warner Music Group sign a promising partnership
Indeed, we just learned that the Sandbox (SAND), one of the most popular and developed metaverse, has partnered with Warner Music Group (WMG) to create the first music-themed virtual world.
We are talking about an agreement that unites two big names, each one being a major player in its field. Let’s remember that Warner Music Group includes many labels hosting artists such as Bruno Mars, Ed Sheeran, David Guetta, the Red Hot Chili Peppers, Coldplay, Dua Lipa, Madonna or Wiz Khalifa.
Interesting tidbit for investors, The Sandbox will soon be holding a LAND sale during the month of March, which will offer music fans the opportunity to purchase land adjacent to that owned by Warner Music.
The Sandbox metaverse is proving to be a particularly interesting one for brands and artists. Warner Music Group joins more than 200 other entities, including The Walking Dead, Atari, Steve Aoki, Deadmau5 and Snoop Dogg.
The list is likely to grow quickly, and The Sandbox’s competition with Decentraland, another metaverse in the spotlight, is expected to intensify in the coming months.