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Why Bitcoin Could Recover After a 17% Decline - The December 2019 Outlook...

Welcome to the December 2019 Crypto Outlook with Contentworks, an agency specialising in content marketing for financial services, crypto and blockchain. It’s the most wonderful time of the year for many, but will the price of Bitcoin fill traders with festive cheer, or leave them out in the cold? Let’s find out.

Bitcoin had a rough month in November. Its price declined by 17%. In total, the currency has dropped by 21% over the past three months although it has gained by more than 90% year-to-date. This means that it has outperformed stocks and gold. The S&P 500 and the Dow have gained by 25% and 20% respectively while gold has gained by just 14%. The recent decline came as sentiment shifted from volatile assets like crypto and moved to stocks as the market continued to hope that a trade deal between the United States and China will be sealed. That has not happened, seven weeks after the two countries talked about the first phase of the deal.

The price of Bitcoin also dropped as China started to crackdown against unregulated cryptocurrencies in the country. This led to the closure of cryptocurrency exchanges. The crackdown was the biggest cleanup exercise after the one done in 2017 when the price of cryptocurrencies was surging. The latest crackdown is also important because of how important Asia is to the world of cryptocurrencies. According to Chainalysis, 20 of the biggest cryptocurrency exchanges are located in Asia. In addition, 40% of all crypto transactions happen in Asia. Also, the market received reports that the CEO of a little-known exchange known as IDAX had gone missing. This means that its users had lost an unknown amount of money.

However, it is still incredibly difficult to ban cryptocurrencies as this could lead to a thriving underground industry. Instead, governments should put in place meaningful regulations. Therefore, the market will continue to pay close attention to China in December to see what happens.

The market will also focus on North Korea. In November, it was reported that the country was developing its own digital currency. Unlike the Chinese digital yuan, North Korean officials said that the currency will be more like Bitcoin. The digital yuan will be a normal currency but in digital format. It will be monitored and controlled by the PBOC. Meanwhile, North Korea’s currency will be a real cryptocurrency that will be mined by users from around the world. The country, which hosted a blockchain summit in April, hopes that its currency will help it get around the crippling sanctions placed by the United States. Talks between Kim and Trump appear to have been unsuccessful. In recent years, isolated countries like Iran and Venezuela have turned to crypto to do business.

A look at the Bitcoin chart shows that it’s likely the price could recover in December. Firstly, the BTC/USD chart has reached a 61.8% Fibonacci Retracement level on the 52-week chart shown below. This is usually an indication that prices could recover. Secondly, the price of Bitcoin has historically risen in December. It reached an all-time high in December 2017 and this year’s rally started in December. Finally, the market is still thinking of halving, which will happen in April next year. This halving could lead to a significant rally. We saw that earlier this year with Litecoin.


The market will also be watching a number of events this month. The most important ones will be the World Blockchain Summit in Bangkok, Elev8Con in Las Vegas, and the Blockchain Innovation and Investment Summit in Dubai.

At Contentworks, our team of financial professionals closely follows market movements for FX, Crypto and other tradable instruments. We are proud to serve some of the biggest crypto and fintech companies in the world by delivering high-impact articles, videos, PR and white papers. 


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Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.


Roger Ver Tells CNBC Bitcoin Cash "Can Still Go Up 1000X" - Okay... One BIG PROBLEM With That...


Roger Ver, founder of bitcoin.com, who's known as "Bitcoin Jesus," joins CNBC's "Power Lunch" team to talk about the cryptocurrency markets, the price of Bitcoin and more.

Crypto Press Association Editorial: 
Okay, i'm neither a Bitcoin Cash hater, or fanatic.  I hold some, and I hold some of the original (whatever you may call it) Bitcoin as well.

As someone who works in crypto full time, and regularly pays people or receives payments in crypto, I have also experienced the downsides of Bitcoin when the network is congested, and fees are high.  Which is why I tend to request payments of funds I intend to live off (and not HODL) in another coin. My landlord doesn't take crypto, so if i'm about to convert it to fiat currency upon receiving it so I can pay my insane San Francisco Bay Area rent - Ethereum or Litecoin is fine.

I just wanted to establish for the Bitcoin Cash die-hard believers - i'm not the enemy.

But I do have one issue, and the above video is a perfect example.

Roger claims that Bitcoin Cash needs to exist because of the previously mentioned issues with Bitcoin.  Summed up, these issues have rendered Bitcoin unusable as a replacement for cash, which is one of it's intended uses, as outlined by the ultimate authority on the subject - Satoshi himself, in the Bitcoin whitepaper.   So far so good, solid argument.

But then you guys say things like "it could still go up 1000X" and that's where you lose me completely. 

So i'm supposed to spend something that could increase in value by 1000X? Are you KIDDING ME? 

If the 1000x thing is even half true, we better not spend even a fraction of a Bitcoin Cash token - you'd have to be insane. 

No investment advisor would suggest selling a stock they believe would even 10X in value - yet Roger will go on TV to talk about how easy it is to give up (spend) an asset of yours that would have made you rich if you just held onto it?

So, we've established only an idiot would spend Bitcoin Cash.

But now that we're not spending it... who cares about the transaction times and fees? These don't matter now that you've just convinced me to HODL.

You're seriously saying I should think "thank god there's no $10 transaction fee" when the day comes and I finally sell my Bitcoin Cash... at $200,000 per coin!? Who cares!

So do we spend this thing like cash, or hold on because it's current price is nothing compare to whats coming?

Cash depreciates in value, literally the opposite of what you say Bitcoin Cash will do.  That's why we can't treat them the same.
Having it both ways is destroying the argument that it needs to exist at all.  Everyone agrees the original Bitcoin is fine as long as you're not trying to spend it. 

But then, if we're not spending it we can't make case that Bitcoin Cash needs to exist - bringing its entire value into question.   Its a messy value analysis when you take all of these claims into account.

So - which is it? Or how do you rationalize saying both "it's great because you can spend it" and "save it and you'll become rich" at the same time?

Share your thoughts with us on Twitter @TheCryptoPress

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Author: Ross Davis
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM

San Francisco News Desk




U.S Based E-Commerce Company Buyaladdin.com INC Reveals CEO...

Buyaladdin ABBC Coin News
The nascent global e-commerce company Buyaladdin.com, INC. proudly appoints one of its key people.

Stanley Park who participated in Buyaladdin application development will be entrusted as the Buyaladdin CEO. Together with a fellow American corporate leader on the executive board, Buyaladdin CEO Stanley will manage the global operations of Buyaladdin.com, INC. He has previously led the public live demonstration of Buyaladdin’s application at the Rockefeller Center in New York City last July 16, 2019.

Buyaladdin intends to be the first multi-payment online retailer that would give opportunities to customers across borders with a variety of merchandise and opens up a more secure and accessible means of payment method — cryptocurrency. More than 100 online shopping malls will be integrated within the Buyaladdin application once it is launched. Major e-commerce brands like Amazon, Rakuten, Lazada, and eBay will be a part of the one-stop online shopping marketplace.

Targeting 100 million users, Buyaladdin designed its application to be simple, user-friendly, and efficient. The main features of the Buyaladdin application include price comparison from one shop to another, location-sensitive online retailer recommendations, quick join function to easily sign up for an account on any integrated online retailers, and the fiat-to-crypto mileage points system. Upon checkout, shoppers can choose to pay with their Bitcoin, Ethereum, or ABBC Coin.

Shoppers can conveniently purchase goods from the Buyaladdin app using their crypto and fiat currencies. Buyaladdin users can purchase in-app mileage points and convert these to crypto, specifically ABBC Coin. In this context, 100 mileage points are equivalent to 1 ABBC. ABBC Coin consumers will then get exclusive benefits to make their shopping experience more enhanced and delightful.

Buyaladdin will serve as a safe payment gateway with 50% of ABBC Coin’s total supply — amounting to 500 million — obtainable within the app. The ABBC Coin circulating supply within the application is not subject to trading or withdrawal. It will be strictly allotted as payment for all online purchases that will be conducted within the Buyaladdin app. With this approach, users will be able to use ABBC Coin in their daily life; bringing better value to ABBC Coin.

Excluded to the circulating supply available on digital asset exchanges, ABBC Foundation will conform to the rest of ABBC Coin’s total supply by leveraging the capability of its Generation 2 Delegated-Proof-of-Stake (DPoS) powered blockchain in performing the staking process.

Registered and licensed in Delaware, USA, Buyaladdin recently established strategic partnerships with Edison Nation and Overstock.


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Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.


ABBC Foundation Files Case Against Turkish Crypto Exchange Sistemkoin...

ABBC Coin
In line with the hacking incident and delisting of ABBC Coin on the Sistemkoin exchange, ABBC Foundation is now taking legal action against the Turkey-based digital asset exchange.

In September 2018, ABBC Coin was listed on Sistemkoin. According to the ABBC team, a few months after, a user has informed them via email that he could not withdraw his ABBC Coins on the said exchange.

Sistemkoin claimed that ABBC Coins within their exchange were hacked. They demanded that ABBC must deposit the equal amount of ABBC Coins that have been stolen to resume ABBC Coin activities on the exchange.

As the ABBC team seeks to fix this issue as soon as possible, they have tried to be in touch with Sistemkoin’s team to resolve any loss of assets on the user’s side. Apparently, Sistemkoin did not take any responsibility for the incident and proceeded to delist ABBC Coin last December 2018 on their platform without any notice to the ABBC team.

Furthermore, one of ABBC’s senior managers has also experienced an anomaly with Sistemkoin. He decided to withdraw his funds worth 550 Ether and transfer it to another wallet address. Sistemkoin approved his withdrawal request but the funds were sent to a different wallet address. The manager reportedly contacted the COO, CEO, and Telegram support of Sistemkoin but there were no proper replies given. On the contrary, he got blocked on their system. 

From the delisting date until the present, numerous complaints have been received by the ABBC support team. On the other hand, the Sistemkoin’s support channel is giving invalid answers that only aim to delay any response to the abovementioned issues.

Due to Sistemkoin’s inability to take any measures to mitigate the losses of users and instead kept on pinning the blame on the ABBC Foundation, a case against Sistemkoin has now been filed.

According to ABBC CEO Jason Daniel Paul Philip, the team cannot tolerate the situation any longer and they want Sistemkoin to be accountable for any errors committed under their jurisdiction. “We want to protect our users and alert the rest of the crypto community of the irregularities that have been happening on Sistemkoin’s operations.”

ABBC can be traded with more than 30 trading pairs, available in over 20 leading exchanges including BitMart, DragonEX, Bithumb Global, BitForex, and Coinall.

Visit ABBC At https://abbccoin.com

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Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.
Claims made are those of the authoring company and have not been independently verified by the Global Crypto Press.




The Story Of Level01 - Through The Eyes Of Co-Founder Adam Ooi...

Level01 is one of the few Blockchain projects that has remained in the limelight despite the slowdown and poor take-ups of many ICOs throughout 2018 till now.

Not only did they manage to list their smart token LVX on 2 top crypto exchanges, DigiFinex and P2PB2B, the steady prices and active trading speaks volume on the confidence that crypto investors have for them.

Level01 has laid claim to be a pioneer in decentralized and AI-guided derivatives trading, with a vision to bring you the fairest, safest and most profitable options trading platform.

Adam Ooi Presents Level01 To The Audience
We spoke to Level01 Co-Founder Adam Ooi, and he shared with us the philosophy behind Level01's approach to solving problems and making the world a better, or in his words, “fairer place”.

“If there was more to life than this, why have we not found it?

Humankind has come so far with phenomenal discoveries in biology, chemistry, physics, math, and even parapsychology.

We have everything from Einstein’s field equations to epigenetics to the beginnings of anti-gravity technology but yet we feel discontent.

What does life mean to everyone?

I believe we should never take the one-size-fits-all answer.
Rather, it should feel personal.
Purposeful.
Special.

For me, finding the meaning of life is simple.

Just go back to basics and look for what comes naturally to us. So I would say the answer to the meaning of life is “peace”.People work hard, fight hard, and strive hard to be better, smarter and more creative but at the end of the day, what do we all want in life? This is very subjective and if you were to consider everything that is going on now in life, “peace” may be last on your list.

For now, you may or may not consider my proposition, but I have vehemently explored this for the past 12 years. 

A key point to note for all of us is that balance is the condition for peace.


Our very own planet is a prime example. From the delicate balance of our ecosystem to the equilibrium of human political power, it’s all about balance.If you investigate the human condition and our relation to nature deeply enough, you will find that we have always fought for the right to be equal and have fairness in our daily lives, every time we have a yardstick for comparison.

Without means of comparison, there will be no benchmark for fairness.

In a utopian human world, this is a balance. It is as if you could make the world flat, and only then, you would deduce and declare everyone as equal.

Nonetheless, I realize that it is impossible to make everyone equal, but we now have the technology to level the playing field and may everything fairer.

The beauty of the human spirit is in its propensity to transform the world, even when it comes to something as delicate and complex as creating a fair society.

At Level01, we believe we can.

It is why our name is as such.

The word “Level” stems from the action and result of being fair and “01” represents the 0s and 1s of the digital world.

We understand that the world is not fair, but we want to strive to make it so, as much as we can, as best as we can. It won’t be perfect, but that is the beauty of life. In its own ironic and mysterious way, life always presents room for improvement, and that to me is life’s highest and most meaningful gift. 

We took that gift and transformed it through technology with a system that enables anyone, from any background to dictate and control their own financial wealth.

Here on Level01, the future is bright.“

Level01 is about to launch it’s AI-driven options trading app soon with trusted data from Thomson Reuters and they have big plans to make Level01 into an integrated financial platform for the general public in the near future.

Learn more about Level01 at https://level01.io


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Author: Oliver Redding
Seattle Newsdesk




VOTE NOW: Can Bitcoin Still End 2019 Above $10,000?!

There's barely over a month left in 2019, can Bitcoin still break $10,000, as so many predicted?

Cast your vote in our poll on Twitter...
Click here if poll isn't loading...


Buyaladdin Joins Overstock’s Affiliate Program Connecting Asia-Pacific-Based Consumers with Millions of Products Online...

Buyaladdin and Overstock
Wilmington, Del. USA, November 26, 2019 -- Buyaladdin.com, Inc. announced today that it has joined the Affiliate Program of online retail leader Overstock.com. Buyaladdin will now have access to Overstock’s large assortment of new home goods products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. Buyaladdin plans to launch this initiative in the first quarter of 2020.

tZERO, the global leader in blockchain innovation for capital markets, provided business and technology consulting services to the ABBC Foundation to assist the company in joining Overstock’s affiliate partner program.

“We are thrilled to join Overstock’s affiliate program to expose the Asian consumer market to products from one of the largest online retailers in the U.S. We believe that online shoppers in Asia who want control of how they purchase goods will be excited to access Overstock’s wide variety of products via Buyaladdin” said Geun-Woo Lee, CSO of Buyaladdin.com. “We are excited to take the first steps in collaborating with Overstock and tZERO and hope to partner with them on future strategic opportunities in the digital assets space.” he added. “We are glad to welcome Buyaladdin and its potential customer base to our affiliate program as a new global partner,” said Ryan Sorensen, Director of Affiliate Partnerships at Overstock, he continued “Buyaladdin is a big player in the Asian market,” said Saum Noursalehi, CEO of tZERO. “We look forward to exploring potential capital markets opportunities with Buyaladdin in the region.”

About Buyaladdin
Buyaladdin.com, Inc., headquartered in Delaware, USA with R&D and Service Center located in Dubai, UAE, is the first ever multi-payment shopping service system in the world. The payment system features on absolute freedom brought to global buyers in choosing method of payments among fiat currency, credit card and crypto-currency.

To learn more about the Buyaladdin e-commerce platform, please visit www.buyaladdin.com


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Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.



Profit During A Bloodbath - You've Been Told How, So Why Aren't You?

Crypto News
Well, it seems i'm a member of a very small group of people right now: People who made a profit in the crypto market over the last 48hrs.

Before you send off the angry tweets - yes, there's also some days where most people made a profit and I don't, and yes, some of it is pure luck.

But today, my obsession with altcoins saved me.

While those who focus on the 'safer' top coins are feeling the pain - it's not a bloodbath everywhere. Take a look at some of the coins that managed to gain during the onslaught...


The point of this isn't to give some long rambling article where I encourage people to buy some of the coins I hold, I wouldn't, and it would get me fired.

But I do want to remind everyone of something you've heard so many times it can lose it's importance - diversify your investments!

Why? Because of days like this.

That's why you won't find any of the top traders, from crypto to the stock market, arguing against a diverse portfolio. Ask yourself if you're in a position where you can imagine everything you own tanking all at once. If the answer is yes, consider selling some, maybe 30% of it, and putting those funds elsewhere.

Also, this doesn't mean just a diverse list of cryptocurrencies.  You should own some stock, you should own some commodities.

Like many in the crypto world, i'm a younger, recent college graduate and member of the 'millennial' generation - and crypto was the first thing I ever made an investment in. But now that I've been in it for a few years, I should have some lessons learned - we should all aim to become smarter, and wiser investors every year.

So listen to those with more experience, and absorb as much as you possibly can.  On that note, my only point today is something you'll hear every one of those experienced investors say - DIVERSIFY!

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Author: Otto Bauer
E-Mail:  Otto@GlobalCryptoPress.com 

Euro News Desk



There's Another MASSIVE Asian Crypto Scam On The Verge Of Collapse - What Is The 'Cloud Token' End Game?

It was in my previous investigation into PlusToken, a China based crypto scam responsible for stealing a record breaking $3 billion, where I came across another one gaining momentum.

I was looking into how the PlusToken scam spread, and seeing that one person after another who was promoting it, perhaps even 'most' of them, were also posting about something else called 'Cloud Token'.

As Chinese police were raiding and arresting those behind PlusToken, the people behind Cloud Token were living like superstars, and still are.

Cloud Token Scam
Cloud Token's Ronald Aai loves the spotlight. Here, he is escorted off stage by security at a Cloud Token event. 
You can see this for yourself: do a quick search of YouTube for old videos promoting PlusToken, find one 3 months or older from when the company was still active.   Then look at that channels newest videos.  There's a good chance you'll see one promoting Cloud Token recently upload.

Like PlusToken, the overwhelming majority of crypto traders in the English speaking market have never heard of Cloud Token, which is interesting - there's a larger gap between the two markets than I previously would have thought.

The few posts spammers attempted to make in English speaking crypto forums were promptly met with replies calling them scammers.  It seems US/UK traders have generally wised up.

Apparently, this is not the case with the Asian market, as the people promoting Cloud Token are literally the same people who were also promoting a scam who's founders are sitting in Chinese prisons right now.  The temptation for a quick buck is unbelievably strong in some people.

This May Sound Cold, But Don't Feel Sorry For The 'Victims'...

I'm the only journalist to have confronted Bitconnect, the first big crypto scammers, in person at the Silicon Valley Blockchain Expo.

On YouTube the video of my confrontation gained 300,000+ views before they had thousands of people falsely report it and get my channel killed.  I did find a copy of it in another person's video, go to about 2:10 if you haven't seen it.

Packed house at Cloud Token's Singapore Event.
In my case, Bitconnect sent their army after me. I received everything from laughable tweets saying I was just jealous that I 'missed the boat' to even more laughable private messages with death threats from wannabe crypto gangstas.

That's right, these idiots were scam victims, but before they realized they were scammed, they lashed out at the very people warning them.

I tried following up with several of them to see how they were feeling the day after Bitconnect stole all their money. Suddenly, all those bad-asses lost their attitudes.

In the case of Cloud Token, i've already spotted several posts and videos dedicated to convincing people that while "Plustoken was a scam, Cloud Token is legit!" - the opposite of what they should have learned.

So don't be fooled - these people will cry when all their money gets stolen and play the victim when the time comes - but try confronting them now, while the scam is still 'profitable' and see how that goes.

The Same Old Bait....

The Cloud Token scam is the same recycled pitch that they've all been.

You know how it goes - give us your crypto, we'll pay you daily returns at some insane percentage.  In Cloud Token's case, it's up to 12% per month.

Of course, featuring the classic pyramid.
For any readers who may be new to this, there's no such thing as a company that can double every investors money every year. This is always a scam, no exceptions.

There's legitimate companies paying interest on crypto - and 12% per year (what Cloud Token says they'll do per month) is a good rate.

Then of course, at the core is the referral program, where users are encouraged to get friends and family scammed as well. This person-to-person promotion is what their marketing revolves around.

It's all smoke and mirrors, so it shouldn't surprise anyone that when we located the contract creation of Cloud Token on Ethereum's blockchain, we find a coin that says only 4 people own any.  Meaning the app doesn't even really use the token at all, I guess there's no reason to really issue any coins, they can just make the app say someone is holding however many they want to.

One Alarming Difference...

Where I start to get a really bad feeling in my stomach is when I see they're pushing Cloud Token as a multi-coin wallet, able to accept all the top coins - and of course, they want all of yours!

The scams of the past have had the basic concept of "send us your Bitcoin, we'll pay you profits in this coin we just created, which can be exchanged for Bitcoin" but at some point they stop this exchange.  That's when everyone is stuck with tons of the scammers worthless coins, and they've disappeared with all the crypto worth anything.

But CloudToken is the first big scam where they're holding people's entire portfolio of coins.

What are they doing? I have no idea, but why does every event for pyramid scheme scams have people doing strange things like this? 
But the BIGGEST Difference - These Guys Showed Their Faces...

The previous scams we've mentioned have all had anonymous founders. That's why nobody knows who was behind Bitconnect still.   When these previous scams held events, they simply contacted some of their best promoters from YouTube and Twitter, and encouraged them to host company events in their area.

But the CloudToken 'team' appears to be deeply mentally disturbed, and went straight for the spotlight when the company began to grow in popularity, pretending that they aren't scamming everyone in the room.

Everyone loves the scam when it's  still paying - and these guys couldn't pass up getting some of that love.  It's creepy.

So now, with their identities known, they need to close this thing without having bounties put on their heads.   Which is an awful plan - every time this happens there's people who lost everything, and they're out for blood.

Over the last few days there's been some red flags that Cloud Token may be coming to a close.

"Cloud 2.0" is supposedly here, and they're saying they're shipping phone SIM cards out to their users, who still aren't sure what to do with them.  But, somehow they will be required to use it.

Also announced is that a 3rd party called "Ribbons" will be taking over payouts.  This company does not exist, so if it pops up, it was created only as a shell company of Cloud Token.

My guess is they're going to make it look like nobody liked Cloud 2.0 and "oops, we thought it would be cool, but nobody could figure out how to use it.  Now we're going out of business." 

Of course, the big mystery is how much crypto do they hold? Based on the overlap with PlusToken, which had accumulated $3 billion, this one could easily be in the billions as well.

Or, will law enforcement shut them down before they can execute whatever their exit plan is?

The end is coming, and I have a feeling it's going to be an mess like we haven't witnessed before. We'll be watching!

Have any friends in Cloud Token? What do they say when you tell them the obvious truth? Tweet us @TheCryptoPress 


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Author: Ross Davis
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM

San Francisco News Desk




Don't Sell Those Coins - Bitcoin & Crypto Loans With Terms In YOUR Favor!? Our YouHodler Review...

Photo of Bitcoin Loan with Crypto Loans
Today we're going to take a look at and review YouHodler, one of the longer running bitcoin & crypto loan platforms.

In 2019 they expanded to feature several other services, including some creations of their own and we'll take a look at those too.

One step I take before going in to my own review, is scanning various crypto communities for mentions of the company, to hear other peoples experiences.  Just to make sure if I had a good experience, it doesn't turn out to be a rare thing.  Or, if I had a bad experience and others are saying a company is great, I need to be open to the possibility that my bad impression just isn't accurate, but rather an anomaly.

In the case of YouHodler, I was unable to find any angry customers posting complaints. So, off to a good start!

Now lets take a look at what they offer!


Bitcoin & Crypto Loans...

Here is where YouHodler really excels for one obvious reason - their loan-to-value rates!

I was extremely disappointed when I first set food into the crypto loan world, finding out that i'd need to deposit $10,000 to get a $5000 loan just made the whole thing seem like it wasn't worth doing.

But YouHodler is still to this day offering their 90% Loan-To-Value loan, which has an interest rate of just 3%!

Not sure how they do it, but that's not my problem - it works and you get the funds right away.

Also worth noting - you can use 12 different cryptocurrencies as collateral!

The majority of lenders are bitcoin only, with a few accepting Ethereum as well.  So, this is another area YouHodler stands out.


Turbocharge Loan - Instantly Multiply Your Bitcoin...

This is one of their inventions, something some savy traders have been doing on their own but could take hours to fully execute. YouHodler has it down to 1 click with their "turbocharge" tool.

It works by using your bitcoin loan to buy more bitcoin, like:

Loan 1: 1 BTC
Loan 2: 0.864 BTC
Loan 3: 0.746496 BTC
Loan 4: 0.644973 BTC
Loan 5: 0.557257 BTC

Now, the user with 1 BTC suddenly has 3.812726 BTC, and positioned to score bit during a bull run.  YouHodler explains the smart way to use this:

"Perhaps the best part of this strategy is that it’s a moderate risk. Users can always repay the crypto loans back using the same “chain” strategy. For example, users can repay the smallest loan in the chain, get back some BTC and convert this BTC to fiat to use towards paying back the next loan in the chain. Take note that the amount taken from the 5th loan in the chain will not be enough to repay the 4th loan. The user will need to add a small amount to this in order to pay back the 4th loan (applicable for a case when the price is less than +12.7%). By repaying the chain of loans using this method, clients only need to pay the loan interest for the additional 2.812726 BTC in order to get their 1 BTC (original collateral) back."

Next time you feel a bull run coming, and turn out to be right - you don't need to stare at the charts wishing you bought more - turbo charge your existing holdings!


Earn Interest On Coins You're Saving Anyway ...

This doesn't take too much explaining - you can earn 12% on stablecoins, and 7.2% on Bitcoin by simply leaving your coins for storage on the platform.

So if you're currently just letting what you're HODLing long term sit in a wallet doing nothing, you should seriously consider earning interest and turning them into active income.

Big advantage here is that you get your interest earnings in a monthly payment, which you can immediately spend as you wish.


Our Official Conclusion:

YouHodler should be among the first places you try - they're just getting a lot of things right!

Crypto lending platforms aren't rare anymore, neither is the ability to earn interest on your coins - but you won't find platforms with terms as user-friendly as YouHodler's.

Then, their 'TurboCharge' just earns them points for having a feature that's useful, but can't be found anywhere else.


Our Readers Get The VIP Treatment!

So - check them out here and since you followed the link from our site, we've arranged with YouHodler to give anyone who signs up from here special terms, including more time to pay back your loan with no penalty!


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Author: Matt Miller
London News Desk
CryptocurrencyLoans Team | YouHodler Review

Singapore Announces New Cryptocurrency Regulations Set To Go Into Effect June 2020....

The Monetary Authority of Singapore (MAS) plans to regulate the trading of cryptocurrency derivatives, such as Bitcoin futures. It outlined the proposed changes in a consultation paper. The move aims to reduce the rising interest in cryptocurrencies from retail investors. MAS said the proposed regulations on the trading of payment token derivatives could soon be regulated under the Securities and Futures Act. The new measures are expected to kick in from June 2020.

Video Courtesy Of CNA