Showing posts with label cryptocurrency news. Show all posts
Showing posts with label cryptocurrency news. Show all posts

3 Major Signs We're Kicking Off 2022 With a BULLISH Outlook On Bitcoin...

Bitcoin Bullish 2022


It's a new year, and when the previous year saw record highs set for every major crypto asset, people naturally wonder if a bearish market is around the corner. 

Like every market, eventually it will be our turn, thankfully crypto has a history of fairly short bearish terms followed by a bullish market that exceeds the prior one. 

However, it doesn't look like we're there yet - these 3 indicators would absolutely look different if we were entering a bearish market:

Those Who Recently Sold Aren't Leaving...

Speculative traders who made large sales in December are now re-purchasing, according to analysis by Willy Woo. 

This includes a number of hedge funds who sold in December to take a profit, and are now redeploying their capital.


Long Term Hodlers Continue Accumulating...

We're seeing wallets that hold and do not trade Bitcoin taking advantage of the current price dip to accumulate more.  These are people who have bought Bitcoin and left it untouched for at least 6 months.

This category of trader currently holds the most Bitcoin.

We can logically assume they believe we have not yet seen Bitcoin's all time high, and that the profits possible are so great, they don't bother participating in short-term opportunities to profit by selling and re-buying price swings.

No Increased Inflow To Exchanges...

Bitcoin investors who hold a sizeable amount of coins typically move those coins out of exchange accounts after buying them, and into offline cold storage to keep their coins secure.

This means that before they can sell their coins, they need to first transfer them back to an exchange account for trading - and currently, this is not happening.  

We continue the 2021 trend of more tokens leaving exchanges than being moved back to them.

In Closing...

I am aware, as you should be as well, that things can change fast.  Sometimes triggered by totally irrational panic selling, other times by major real-world events.

The thing is - nobody can plan for things that may or may not come at any time. 

But you can be prepared - while I stand by this report I'd also like to include a reminder to be smart. Set stop-losses, have a plan to make sure if things take a sudden turn, you're walking away with most of what you earned. 

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Author: Mark Pippen
London News Desk 
Breaking Crypto News



Stablecoin Usage EXPLODED Last Year - Why Every Trader Should Pay Attention...

Cryptocurrency News - Stablecoins

Stablecoins - if you're like me, without much thought you went from not using them at all, to using them occasionally, to using them a LOT.  So while it's no surprise to hear their usage is at an all time high, I was surprised to find out just the last 1 year accounts for nearly a 400% increase.

That increase brought the total amount if stablecoins in the crypto ecosystem from just $29 billion to a whopping $150 billion.

Their growth is still in overdrive right now - 30 days ago that total was $135 billion, meaning  $15 billion more stablecoins were minted in just the last month.

Total stablecoin usage chart

The chart above (via TheBlock) shows steady growth in 2020 with a sudden spike upwards early 2021 - a trend that hasn't slowed down at all.

Major Shake-Ups Within The Stablecoin Ecosystem...

In order of popularity the main stablecoins are (USDT) Tether, USD Coin (USDC), DAI (DAI), USDP (USDP) and Binance USD (BUSD).

But upon closer inspection you'll notice that the current top stablecoin, USDT (Tether) is actually declining in popularity - beginning the year holding about 75% of the entire stablecoin market, and ending it closer to 50%.

USDC didn't just hold on to it's rank as 2nd most popular - while the total ecosystem grew by about 4X compare to last year, USDC saw growth of nearly 10X - from a $4 billion marketcap to $41 billion! 

Stablecoin of the top crypto exchange Binance, BUSD was the 2nd fastest growing and 3rd most popular - they saw growth from $1 billion to $14.

Why Should Traders Pay Attention To The Stablecoin Supply?

Stablecoins are generally used to reduce transactional volatility. As a result, they become helpful tools to use on exchanges.

So the fact that additional funds are being allocated to stablecoins suggests that a large amount of capital is going into the crypto markets. The investor may not have decided which assets to invest in, but they have put their money in a position where they quickly can, when they deem the time is right.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News

ECOSAC is Taking BTC Mining to 100% Carbonless Emission...

EcoSac
2 Companies are participating at the same time in a DUO SACRIFICE PHASE. Sacrifice to show your voice  that the World needs ecofriendly BTC mining going forward. By 2024 BTC mining will use as much electricity as the country of Australia, according to some reports.

Change can happen but only if voiced together through a Sacrifice. Once the sacrifice phase is over, the total sacrifice points for each sacrifice’s address's points are totaled up. This creates a list of Sacrificees ranked by total points from largest to smallest. 

Minimum Sacrifice set to 100 points for which every Sacrificees receives the following products and services as long as the minimum Sacrificed amount is $4million USD or more: 

- Company A points (1 for 1)
- Company B points (1 for 1)
- Bonus Coin points (1/4 to 1)
- Frega points (5% of Sac amount 1 for 1)
- Potential Gifting Pooling Participation Program

In addition to the 100 points for 250 – 499 Sacrifice points includes:

- EcoSac Dryfit long sleeve Shirt
- Safepal S1 Hardwallet with leather case

In addition to the 100 & 250 points for 500 - 999 Sacrifice points includes:

- 500 2D LE NFT for Sacrificees 501 to 999 on Day 1
- All other Day 1 Sacrificees will receive a # 2D NFT
- For day 2-14 non-LE 2D NFT sequenced # largest to smallest by sac amount
- Crypto tax software for 1 year

In addition to the 100, 250, & 500 points for 1,000 or more Sacrifice points or more includes:

- 500 3D NFT LE for the 1st 500 Sacrificees on Day 1
- EcoSac watch or flash drive subject to availability
- Five random wallet addresses will be chosen via an aggregate to be awarded:
- Tesla Model 3 Long Range (Tax liabilities will be covered by the Sacrificee or wallet holder)

Those who cant afford the tax liability will have the option to have STM auction the vehicle to the highest  Sacrificee and receive the amount in BTC in lieu of the vehicle.

Five random wallet addresses for Full Bridge Implant Giveaway that includes: 

1. All extractions as needed.
2. All bone grafts except sinus lifts.
3. Premium Neodent Aqua implants which offer one of the fastest healing times for implants in the world.
4. Zirconia Pro - Upper/lower zirconia teeth featuring Prettau 2 Dispersive Zirconia from Zirkonzahn one of the world’s most stunning aesthetics
5. Available in BL1 shade https://vimeo.com/542789913/9277fca237
6. Unconditional 5 year warranty. No exclusions. No deductibles.
7. Performed by https://getdoneinone.com/locations/palm-beach/#doctor or potentially at a location  closest to you

This is truly the opportunity of a lifetime! 

*All Sacrificees whom are wanting the procedure will need to be a candidate of which ONLY the Doctor can make that  determination as STM or those involved with the Sacrifice cannot give any medical opinions nor will do so at any time. 

**All candidates will need to have xrays taken at their expense for the initial consult in order to be considered  for the procedure 

***subject to change at any time 

Leaderboard Bonuses: 

-  In addition to the 100, 250, & 500, & 1,000 points for the Top 14 (less the top 6) Sacrifice point totals includes: ecofriendly Bicycle or Scooter (when available by Company B) 

-  In addition to the 100, 250, 500, & 1,000 points for the Top 5 (less the Top 1) in Sacrifice points will receive 1  Whale pass (if available otherwise an additional ticket) + 1 ticket to BTC 2022 in Miami 

-  In addition to the 100, 250, 500, & 1000 points for the Top Sacrificee will receive an all-expense paid trip to  include Hotel and Air plus transfers from their home area to London for London2049 in Oct 2022 or a Bitcoin  conference of their choice. 

Everyone’s points supply increases with the amount sacrificed. The sacrifice will create 1 free dual point per  sacrifice point. Meaning, 1 sacrifice point earns 1 point in Company A and 1 point in Company B plus 25% of a  point in the Bonus Coin, plus 5% of every sacrifice into Frega points, and a depending on the Sac amounts  additional products or services can be obtained such as a Hard wallet, NFT either 2D or 3D, Tesla, London  conference, passes to Bitcoin 2022 in Miami, etc. The USD value of sacrifice's are estimated using 60-minute  time weighted average prices as needed. At some future date in 2022 Company A, B, and Bonus point totals be  exchanged for three different coins whereas the coins when launched on various exchanges will start at zero  value. 

Point Bonus 

Those with the largest voice and sacrifice the largest points will be in the front. The next largest follows and so  forth all the way to the minimum of 100 points sacrificed. Upon sacrificing, a volume bonus will now be added  to the point total from the largest receiving 3X and every bonus thereafter being slightly less until it reaches just  a bit above 1x. The difference between each point bonus is minimum but it’s a difference.  

At the end, all the sacrifice addresses are taken with point totals plus the bonus added from largest to smallest in  order. The first address at 3x bonus to the last slightly above 1x. Now everyone has received their bonus that is  well deserved for speaking out on ecofriendly electricity usage. This now can be seen on a linear bonding curve  from 1x+ to 3x. 

The largest point total is in the beginning. The next highest Sacrificees point total is next, and so forth. Days 1  and 2 will have the max bonus allowed starting at 3x; day 3 will start at 2.5x; and days 12-14 have a flat bonus  of 1.25x. 

Dual Company Goals:

- Decrease BTC Mining Electricity Usage worldwide
- Using total off grid power sources.
- See you in Miami for BTC 2022
- Using other renewable power sources
- Wind, solar, hydro, wave, and flare capping gases to reduce the environmental impact of BTC mining.
- Environment voice campaigning to maintain it for generations to come.
- Reduce Emissions
- 100% carbonless emission via MPGS (magnetic power generating system)
-  Be a Voice for Eco Friendly BTC!

Time to Sacrifice!

BIG Disruption Looming Ahead with Ground Breaking All-In One Decentralized Technology that is Launching Q1 2022

Soft Launch 12/14/21 12am UTC 

Hard Launch 1/4/22 12am UTC  

For More Info:
Website: www.Ecosac.io
Telegram: https://t.me/ecosacio
Contact: Abhi@saratechnologies.com

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Information Provided via Press Release
Distributed by Global Crypto Press Association
Breaking Crypto News

Jack Dorsey's First Move As Ex-CEO Of Twitter, and Full-Time CEO Of Block: Cash App Users Can Now Give Bitcoin Or Stocks as a Gift...

It's been a little over a week since Jack Dorsey stepped down from Twitter to focus entirely on 'Block' - which is the new name of the company that includes Square, Cash App, and a soon-to-launch DeFi focused Bitcoin exchange. 

The first announcement from Block since Dorsey made the move: A new Cash App feature that allows users send stocks and bitcoin to other users.

Video courtesy of CNBC...

The Days of OnlyFans Are Over - ONLYCAM is Here to Tackle The Issues Faced by Adult Content Creators...

OnlyCam Blockchain Cryptocurrency

OnlyCam is the new adult entertainment online platform, who make their content creators the top priority. Content creators are at the forefront of the OnlyCam vision, and their services ensure creators do not face adversities while working online.

KINGSTOWN, SAINT VINCENT / Dec 14th 2021 / OnlyCam is breaking down barriers in the online adult entertainment industry by making content more accessible, reliable, and more fun for both creators and consumers. In recent times, NSFW content creators have faced a myriad of issues including censorship, lack of copyright laws, cultural and regulatory challenges, intermediaries, and lack of payment platforms. OnlyCam provides accessible and straightforward solutions to all these issues for its creators and aims to provide a new and exciting online experience for both creators and consumers.

Here’s how OnlyCam will take each of these issues:

Censorship

 Adult content creators are subject to many censorships that mainstream actors do not encounter. Many social media platforms such as Facebook and Instagram prohibit sexually explicit content, which puts a limit on the earning of creators by blocking their access to these revenue streams. Censorship can result in creators being banned from platforms sits altogether and being unable to work. Not only this, but it also creates instability for content creators. By announcing they would exit the industry and no longer allow explicit content, OnlyFans caused many content creators to be out of work. OnlyFans have also censored content they may not agree with, for no reason other than personal preference. OnlyCam gives its performers a safe and reliable platform where creative freedom is encouraged. Performers can work without the worry of censorship through working with an inclusive, non-discriminatory platform, where content is never censored.

 Copyright Ownership

 Adult creators and performers are always denied copyright to their work. This prevents them from selling their work by themselves and prevents the adult content producers and actors from receiving royalties from others using it.

 Our NFT solution provides the copyright to the creator for their adult content and ensures the content belongs to the adult content creator or performer. Since the content will belong to the content creators and performers, they will also receive royalties for every usage and every sale of the content. The creator is provided with more autonomy as they can directly sell/mint/repurpose their content.

Intermediaries & Lack of Payment Platforms 

The biggest issue facing adult performers is its unfair pay, where larger production companies take most of the revenue, and only a small percentage goes to the performers. There is also a lack of payment platforms available on most large NSFW content sites, meaning performers do not have freedom in how to access their earnings. OnlyCam provides solutions to both issues by introducing their $ONLY payment token. By using the $ONLY token, there is little gas fee. OnlyCam will offer a gateway through Onlycam.exchange that will allow creators and customers to exchange Bitcoin, Ethereum, BNB and other stable coins as well as fiat for $ONLY. This means more money goes directly to the creators by using a straightforward transaction method. It also ensures creators access their earnings in a new and unique way which allows them to take control of their finances.

 About OnlyCam: OnlyCam is an online NFSW entertainment ecosystem that is revolutionising the way content is consumed. OnlyCam aims to tackle the big issues faced by the adult industry by providing sustainable, and profitable solutions, for both content creators and consumers.

Find out more about the project: https://only.cam/

Join the community: https://bit.ly/3Gt6O1S

Contact:
Only Cam
PO Box 1574
Kingstown
VC0100 - SVG
https://only.cam
pr@only.cam

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Information Provided via Press Release
Distributed by Global Crypto Press Association
Breaking Crypto News

CIA Involvement In Crypto Goes Back Further, and Runs Deeper Than Previously Known...

CIA cryptocurrency and bitcoin

Well, the headline may not be true if you're among those who believe the CIA created crypto to begin with.

After all, the encryption Bitcoin uses was created by US Intelligence - that's a fact... one that sounds big until you learn it's standard for a variety of secure applications aside from blockchains, and used by thousands of companies and coders. 

Where these theories get a bit... intense, are claims that clues are hidden in the name Satoshi Nokomoto which they believe is basically an 'Easter egg' or hidden message created by government programmers - if this sounds interesting (and some really is!) you can go down that rabbit hole here.

But Today Is About New Public Statements We're Sure Came From The CIA...

During a Q&A portion of his appearance an audience member at a Wall Street Journal event with CIA Director Williams Burns asked him if the agency will be looking into cryptocurrency in light of the recent ransomware incidents.

We discover from Burns' response that the CIA is more involved than previously supposed, and has been for some time:

"My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second - and third-order consequences as well and helping with our colleagues in other parts of the United States government to provide solid intelligence on what we're seeing as well.”

Until now, it was assumed that the FBI was responsible for the overwhelming majority of intelligence agency activity within the crypto markets, and that they generally acted alone.

But it appears the CIA can often be found assisting the FBI by providing them with what they call 'strong intelligence on cryptocurrency space'.

Also worth noting - the CIA didn't limit their 'assisting' role to just with the FBI - it sounds like they're available to any government agency that needs them.

Law Enforcement and Intelligence Agencies Currently Share The Same Target - Ransomware Criminals...

Over the last two years ransomware attacks have disrupted local and state government offices, hospitals, oil pipelines, and other key organizations - the attack locks down computers until a stated amount of cryptocurrency is given to the hackers to unlock them.

Many companies are simply paying the ransom, they claim the losses they incur as a result of being locked out of their systems actually makes paying the cheapest option.

This has been met with anger by some within the government, who say every time a ransom is paid, they both reward and motivate criminals to continue, and expand their operations.

Frustration Is Building As Ransomware Attacks Show No Sign Of Slowing Down...

This frustration has led one Congressman to propose a way to force the money flow to stop.

Patrick McHenry has filed a measure that would ban payments over $100,000 to ransomware criminals - making it criminal to pay criminals.

Another viewpoint is seen often in online crypto communities - those who believe that the ransomware attackers are awful people, but their victims usually end up in that position through recklessness.  It's the government's role to arrest those behind it - not find new ways to punish the victims even.

With so much still unresolved I'd typically end this by saying something about how we'll be covering any new developments, so keep an eye out - but when the CIA is involved, we may never hear more than what we already know.

-----------
Author: Ross Davis
Silicon Valley Newsroom
GCP | Breaking Crypto News

Soccer Legend Lothar Matthaus, WWE Champion 'The Great Khali', and Hit Rapper 'The Game', PLUS 30 Others Join nOFTEN To Launch Their NFTs...

Noften NFTs

The fast-emerging platform is strengthening its grip on the metaverse through NFTs...

BERLIN, GERMANY: nOFTEN, the world's leading Non-Fungible Tokens (NFT) marketplace for artists & celebrities, announced its association with WWE champion Khali, world-famous rapper Game and Lothar Matthaus- The FIFA world cup champion to sell exclusive NFT artwork after its great collaboration with FTV.

This association aims to get fans more connected to their favourite artist's unseen innovation and gives them an opportunity and a platform to buy, sell, trade, and bid for celebrity NFTs. It's not that often experienced and is driven by blockchain technologies that help monetize and safeguard their artworks. As a result, both Indian and International artists are becoming part of this unique community and taking it on a larger level.

In this hugely competitive market, digital platforms play a significant role in showcasing and sharing artists' talent with the world without limitations. nOFTEN understands the market and is a gold rush for artists & celebrities, churning out mind-boggling pay-outs for early adopters if used right. It inspires other sports leaders, dancers, actors, singers, and painters. More and more investors are investing in the crypto market because of the complete traceability of the ownership of unique digital assets.

Noften NFT

On the alliance, Constantin Clemens Aurin, nOFTEN, said, "It's overwhelming to see how NFT is becoming a favourite topic amongst artists and how they welcome the concept of direct connection with their fans. The opportunities that are present within the space are beyond space."

On this association, the world-famous rapper The Game said, “With this digital liberty, I can put forth my creative vision on display and show, not only the growth of my career but also the passion I have for other things."

Wrestler-champion Khali said, "I cannot be more excited for such an association wherein I get to interact with my fans on a personal level and showcase the art I have in me, which the world may not be much aware of. I don't think there can be any such platform better than this."

Footballer Lothar Matthaus said, "I always believe the digital platform can do wonders if you have talent. The greed to learn and achieve more will land you in a great place. And getting an apt platform to show your hidden talent is nothing but a way to fulfill your dreams smoother. I am extremely happy for this association and waiting to see what'snext in line."

It will get more exciting to see what nOFTEN has more in the bag as fans of all kinds are getting significant collections of their choice and receiving personal interaction opportunities with their loved artists.

About nOFTEN:

nOFTEN is the world's leading NFT Marketplace leveraging The celeb-Fan-centric theme, celebrating the free spirit of artists, turning it into valuable digital assets. Artists of every genre, offering discrete collections and personal interaction opportunities, are a part of nOFTEN. 

For more information:
Visit the official website at www.noften.com

Questions / Comments contact:
Clemens Aurin at connect@noften.com

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Information Provided via Press Release
Distributed by Global Crypto Press Association
Breaking Crypto News

The FAST Growing Trend Of Celebrities, Athletes, and Politicians Asking For Their Paycheck In Bitcoin...

While we haven't reached 'Mass Adoption' levels yet, the process is absolutely happening right before our eyes. 

Bitcoin's increasing popularity now has celebrities, athletes, and politicians choosing to take paychecks in Bitcoin...

Video Courtesy Of Fox Business

For The First Time EVER - The Nation With The Most Bitcoin Mining Power Is The UNITED STATES!

USA Bitcoin Mining Dominatees

The Bitcoin mining pool 'Foundry USA' which is obviously based in the United States, came in first place among the pools with the greatest hash rates on the network. It's the first time a North American pool has outperformed China in this category.

AntPool and F2Pool, both from China, have traditionally topped the list of Bitcoin mining pools in terms of hash rate.

This changed when the Foundry USA Pool achieved 17% of the worldwide Bitcoin mining power.

How Did The US Do It?

Basically - all thanks to China.

Several Chinese mining operations selected the United States as one of their choices for continuing operations. Given the rise of Bitcoin in the cryptocurrency sector, this was an excellent choice. As is customary, this means a large infusion of cash into the market and a general rise in the assets traded there.

It's vital to note that the Chinese government chose to reject the use of Bitcoin and other cryptocurrency-related activities, forcing the miners to seek new bases of operation.

Not The First Time China Was De-Throned...

Only once before has the number one ranking shifted from China to another country. It wasn't a pool from the United States last time, but rather one from the Netherlands.

That was way back in 2014 - which gives you an idea of how dominate Chinese miners have been.

In 2014 it was only a matter of days before China reclaimed the top spot from the Netherlands - but China won't be making a comeback this time, as their mining hashrate continues to decline.

Trading volume from China is also rapidly dwindling, as the country becomes completely cut off from international crypto markets.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News


It's A Good Day To BUY Cryptocurrency....

Bitcoin fell sharply alongside other assets on Friday, hitting a seven-week low and officially entering bear market territory.

The world’s biggest cryptocurrency sank nearly 8% in the last 24 hours according to Coin Metrics data. The slide brought bitcoin to its lowest level since early October.

Other cryptocurrencies took a hit as well - Ether, the second-biggest crypto, fell more than 10%, while XRP slumped 9.9% and returned to prices under the $1 level

The price drop is happening in tandem with other investments in resopnse to a new, heavily-mutated variant of the coronavirus.

..and it's circumstances like this which the pro's look at, and see a signal to BUY!

Video Courtesy Of CNBC

Bitwallet Partners with Baanx to Bridge the Gap Between Fiat and Cryptocurrency with Cutting Edge Technology...

 bitwallet baanx partnership


HOUSTON, TX (Global Crypto Press Association) - BitWallet has partnered with Baanx in an agreement that will bring additional services into the BitWallet app as well as broadening the range of cryptocurrency wallets available.

This  partnership will allow BitWallet users easy access to cryptocurrency services as well as future plans to release traditional fiat services such as deposits, withdrawals, and wires from the BitWallet app.

John T. Perrone, President & CEO of BitWallet said this week, "When you combine Baanx's financial technology, with the foundation that BitWallet has already built as a cryptocurrency wallet and exchange, you get a truly revolutionary product. BitWallet is the next generation – better than banking, combining fiat and crypto services all from one app."

BitWallet will be launching its own cards that will allow the spending of cryptocurrency globally. Users will be able to spend a number of cryptocurrencies offered through the BitWallet app at businesses all around the world.

BitWallet is currently available for download in the Apple App Store and Google Play Store.

About BitWallet: Headquartered in Houston, Texas, BitWallet is a high-security cryptocurrency wallet and exchange for both individuals and businesses. With BitWallet you can send Bitcoin anywhere in the world, instantly, for free.

About Baanx: Headquartered in the UK, Baanx is Building the future of modular, API driven, Financial Services - debit cards, digital wallets, IBANs, remittance/FX, payment gateways and more.

For More Information:
Web: BitWallet.org
Twitter @BitWalletInc
Facebook @BitWalletInc
Instagram @BitWalletInc

For questions or to Learn About Investment Opportunities Contact:
John T. Perrone via e-mail at John@BitWallet.org 

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Information Provided via Press Release
Distributed by Global Crypto Press Association
Breaking Crypto News

Binance CEO 'CZ' On "The Showdown Over Crypto & Disruptive Technologies" At Bloomberg Economic Forum 2021...

Regulators from all around the world are pursuing the crypto business. China has deemed all cryptocurrency transactions unlawful and has forbidden cryptocurrency mining. The European Union is developing a framework for crypto issuers and service providers to be licensed. 

In the United States, SEC head Gary Gensler seeks authority over a sector he refers to as the "Wild West." All of this regulatory concern comes at a time when digital assets are becoming increasingly popular. Bitcoin has been widely accepted. The launch of the Bitcoin ETF in the United States is a watershed moment.

When Eric Adams, the recently elected mayor of New York, takes office in January, he plans to collect his first three paychecks in Bitcoin. Is a showdown is on the horizon?

Video courtesy of Bloomberg

AirBNB Gone INSANE? or is Their Plan GENIUS? Company Will IPO In Tourisms Worst Period Ever - Plus Major Revamp Involving Cryptocurrencies, Blockchain Tech, And More...

 

AirBNB IPO Cryptocurrency Bitcoin

No other industry has had it as hard during the pandemic than the tourism industry, which came to a standstill practically overnight. 

Now, disappointing performance of the vaccine, with it neither preventing contracting or spreading COVID (but does reduce death rates and severity of cases) it's becoming questionable whether unrestricted travel will become possible again within the next year.

Rumors of an IPO have been around since 2017, and after all that waiting it's under these disaster conditions that AirBNB shocked us with the announcement - they're planning an IPO.

So - why would a company in an industry currently suffering, choose now to IPO? Well, AirBNB is so focused on 'the future' that what's happening now isn't relevant to their plan...

Airbnb is planning costly investments in the expansion and further development of the platform. 

With regard to crypto integration, it would be surprising if implementing Bitcoin payments were not part of this plan. Not to mention, they've openly said in a statement:

"Our future success will also depend on our ability to adapt to new technologies such as tokenization, cryptocurrencies, new authentication technologies such as biometrics, distributed ledger and blockchain technologies, artificial intelligence, virtual and augmented reality and cloud technologies."

Yes, all those words were in 1 sentence: tokenization, cryptocurrencies, distributed ledger, blockchain technologies.

So far, responses from the public are mixed...

Are they making big moves at the absolute worst time?

Or is this aggressive, forward-looking strategy exactly how a company like AirBNB could emerge from the pandemic stronger than ever? 

Potentially, they could position themselves in a much more dominate position in their industry - which may easier right now, while their competition is hurting or hibernating. 
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Author: Oliver Redding
Seattle Newsdesk  / Breaking Crypto News


Stadium That's Home To LA Lakers, LA Clippers, and the Grammy Awards Becomes 'Crypto.com Arena' In 2022...

Crypto.com Arena Los Angeles

Home to the Los Angeles Lakers and the Los Angeles Clippers, as well as where the Grammy Awards ceremony takes place - the 'Staples Arena' becomes 'Crypto.com Arena' at the beginning of 2022!

Kris Marszalek, CEO of Crypto.com says "For years to come, people will remember this moment as the time when cryptocurrencies crossed the chasm into the mainstream."

Crypto.com acquired the rights to the Arena in a deal that reportedly cost $700 million...

The deal covers the entire 2022 season,  and includes an option to renew after that. 

The stadium is owned by AEG, whos CEO Dan Beckerman issued a statement saying "Crypto.com is looking for the most unique brand platform to make a statement and drive adoption and we are looking for an innovative and forward-thinking company to help us chart a course for the full future of sporting and entertainment events."

This won't be the only high profile placement of crypto in mainstream sports we'll be seeing next year - FTX (another crypto exchange) is set to be one of the main sponsors of the 2022 Superbowl.

------- 
Author: Justin Derbek
New York News Desk
Breaking Crypto News


StandPoint Finance is Negotiating the Opening of Its Own Bitcoin Mining Farm...

standpoint finance bitcoin mining
Standpoint Finance, after due consideration of important market statistics, decides to harness the promising potentials of Bitcoin mining and has begun negotiations to own its mining farm.

Kingstown, St. Vincent and the Grenadines - Standpoint Finance (STF) announces its resolve to establish its Bitcoin mining farm, hinting that negotiation is ongoing. The farm will house high-powered computers that would solve complex computational math problems. According to Investopedia, a leading source of financial content on the internet, Bitcoin mining is the process of creating new bitcoin by solving those computational maths puzzles. Tom Wood, Standpoint Finance’s VP business development, stated in a statement on Friday that the company decided to join other companies that already own or are planning to own their Bitcoin mining farm. The decision comes after the company deliberated on a report submitted by the company’s team of crypto market analysts. The company’s analyst team had earlier been charged with a responsibility to investigate the prospect in the Bitcoin mining business. “After carefully examining the crypto ecosystem in general and specifically the bitcoin market, we can see long-term constant growth in the daily trading volumes as more and more general services, online e-commerce as well as a traditional offline business willing to accept crypto as a legal tender. We believe that this constant rise in demand will inevitably lead to a rise in price which we believe will send bitcoin beyond the 100,000 USD marks in 2-3 years,” Tom Wood said. From the report submitted, Bitcoin price is projected to continue to rise, as available market statistics show a long-term upward trajectory. STF market analyst team projects that Bitcoin price will surpass the 100,000 USD mark in the next three years. Owing to that projection, the group of analysts believes that Bitcoin mining would become a top-flying investment opportunity. STF intends to harness the opportunity by owning a Bitcoin mining farm. As part of the ongoing negotiation, the company is considering the possibility of a joint venture or independent initiative. Although it is unclear how STF will eventually proceed, the company has opened its doors to investors and other companies that would be interested in partnering to own a Bitcoin mining farm. One clear thing is that the company intends to replicate the success it has recorded so far in its brokerage business in this new venture. Tom Wood further stressed that the company would be employing the best hands to ensure the Bitcoin mining farm do not only come to fruition but be successful.

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StandPoint Finance is a leading broker with a revolutionary customer-centred trading platform that allows newbie and established traders to trade smartly. Apart from having years of experience in the industry, the firm has hired the best hands for the job. Their well-trained analyst, account managers, and customer service professionals make trading seamless for users.

Website: https://www.standpointfinance.com/
Email:
support@standpointfinance.com


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Information Provided via Press Release
Distributed by Global Crypto Press Association