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  • Don’t Miss These Promising Meme Coins This Year

    Don’t Miss These Promising Meme Coins This Year

    As the name suggests, meme cryptocurrencies are inspired by online memes, and the more viral they get, the more profit they can generate. Meme coins are one of the many buzzwords in the rapidly growing cryptocurrency market, with many to consider. This digital currency segment is gaining attention and creating profitable opportunities for new users—popularity, crowd size, interest, and demand effects the market value of these coins. Mehracki (MKI) isone of these top 4 meme coins that crypto users can look at this year, which could have great future potential. 

    Mehracki (MKI):

    Mehracki (MKI) is a community-driven meme cryptocurrency that is built on the Solana (SOL) blockchain with the capacity for 50,000 transactions per second. This token is also known as a “feel-good” meme coin and is in its presale phase. It was developed to enable holders use Mehracki’s (MKI) native token for cross-border, cost-effective, and speedy transactions without the interference of a third party. These transactions focus on the hotel and tourist industries and offer rewards and discounts for every booking and marketing. 

    Digital art enthusiasts will be able to utilize the NFT marketplace, earn rare NFTs through spending, create NFTs, transact, monetize and trade them for a long-term profit generation. 

    Shiba Inu (SHIB):

    Shiba Inu (SHIB), the most famous community-driven meme coin, has a decentralized exchange (DEX) known as Shiba Swap and is based on Ethereum (ETH) blockchain. It is renowned for its name, which is named after a well known breed of dog and resembles Bitcoin (BTC) in structure. Elon Musk and Vitalik Buterin, Ethereum’s co-founder, are two of this meme coin’s enthusiasts. 

    SHIB, Shiba Inu’s native token, is used to perform real-world transactions and payments, including as a payment method in restaurants. According to its founder, its goal is to become a stable global currency. 

    Users can not only earn a passive income through smart contract functionalities but also lend, stake, buy, sell, or trade on many other exchanges like Binance and Coinbase. 

    Dogecoin (DOGE):

    DOGE is an open-source, peer-to-peer, and the first meme cryptocurrency based on the Litecoin (LTC) blockchain. It was initially developed to be fun, accessible for everyone, and for the purpose of tips and donations. 

    Its market value grew even further when Tesla and SpaceX CEO Elon Musk endorsed it on his Twitter handle. The meme coin could secure a position in the top 20 cryptocurrencies by market capitalization. 

    The coin is considered a good suit for small and speedy transactions besides other online purchases. 

    Dogelon Mars (ELON):

    Dogelon Mars (ELON) is a meme coin famous for referencing Elon Musk’s idea of colonizing Mars and with Dogecoin (DOGE) being the currency of the city. It is based on both the Ethereum and Polygon blockchain. It is an ERC-20 doge-themed token and one of the most significant meme coins in the market. 

    The founders of this coin are unknown, and it has been around for some time and usually follows the principles of other meme coins such as Shiba Inu (SHIB). 

    Users can trade, buy, and hold on Dogelon Mars (ELON) tokens through the crypto wallet. Since the coin has seen a considerable increase in popularity and survived the market slump, it is considered a long-term project. 

    Meme coins are usually community-driven coins heavily influenced by viral internet material such as public statements, news, and memes. The meme cryptocurrency market is expanding. It is considered to be able to provide potentially profitable opportunities; cryptocurrency enthusiasts could consider the above five meme coins for long-term gains.

    Links

    Presale: https://presale.mehracki.io/register

    Website: https://mehracki.io

    Telegram: https://t.me/Mehracki_Official

  • XRP is the #1 Coin to Watch for the Week of July 4 – July 10, 2022

    XRP is the #1 Coin to Watch for the Week of July 4 – July 10, 2022

    XRP is the #1 Coin to Watch for the Week of July 4 – July 10, 2022

    The cryptocurrency markets have again moved in downward direction as the total crypto market capitalization decreased from $990 billion to slightly less than $910 billion. Almost every major cryptocurrency (excluding stablecoins, of course) depreciated by around 10% last week. As the general downtrend might continue throughout this week as well, we have prepared a selection of three coins that have a potential to surge or at least deliver gains in the following days.

    3. Centrifuge (CFG)

    Centrifuge is a decentralized asset financing protocol that aims to bridge the worlds of Decentralized Finance (DeFi) and non-digitally native assets. Through Tinlake, Centrifuge’s lending dApp, businesses can tokenize real-world assets such as consumer credit, mortgages, and invoices, to create blockchain-based asset-backed pools and access financing in the form of digital assets. Investors, on the other hand, can benefit from a stable yield that is unaffected by the volatile cryptocurrency prices. While Centrifuge chain operates on Polkadot, its lending application Tinlake is built on Ethereum due to the ecosystem’s massive liquidity. The CFG token is the protocol’s native asset that serves as an incentive for blockchain validators and grants governance rights to its holder.

    CFG price spikes following the launch of Centrifuge Connectors

    Centrifuge has launched Centrifuge Connectors, a cross-chain solution that aims to bridge the Real-World Asset (RWA) market with the broader DeFi ecosystem. By utilizing Nomad Bridge technology, Connectors allows investors to provide liquidity into Centrifuge pools without having to bridge over to the Centrifuge chain. It is a hybrid solutions that is not a classical bridge nor a chain fork but takes the best features of both worlds. Because Connectors provides a fully native experience for users on any supported chain, both investors and DeFi protocol developers will benefit from its deployment. The launch of this innovative cross-chain solution comes roughly a month after Centrifuge revealed the formation of a strategic alliance with BlockTower, which was set up to accelerate the development of RWAs in the DeFi sector. Centrifuge also raised $3 million through a treasury token sale as part of the BlockTower partnership deal. The latest developments around the Centrifuge project were apparently well received by investors as the project’s native CFG token spiked by close to 50% on several occasions last week. While the price always retraced back to between $0.21 and $0.22 the price spikes have shaken up the CFG market enough for the downtrend to reverse, as the token’s price line now seems to have established a slight uptrend.

    2. Cardano (ADA)

    Cardano is a decentralized blockchain platform focused at creating a smart contract-enabled environment on which developers can build decentralized applications (dApps). By utilizing a proof-of-stake (PoS) consensus model, Cardano aims to deliver a more sustainable, scalable, and transparent operation compared to other smart contract blockchains. The project was started in 2017 by Charles Hoskinson, a mathematician who was once part of the Ethereum developer team. Together with a team of co-workers, Hoskinson raised $62.2 million for Cardano’s development through an ICO. Today, the development of the project is overseen by three main organizations: the IOHK, Cardano Foundation and Emurgo. Hoskinson and IOHK stive to follow the principles of academic peer review in the project’s development process. The native asset of the Cardano blockchain is called ADA, but in 2021 the project rolled-out an update, which allows users to issue other tokens on Cardano blockchain as well. In September 2021 smart-contracts debuted on the Cardano mainnet, which was a major milestone for the ecosystem.

    Cardano Mainnet will soon undergo the Vasil Hard Fork

    On June 20, the Input Output Global (IOG) team working on the Vasil upgrade revealed that the hard fork was almost ready to be deployed on Cardano testnet. Nevertheless, the team decided to postpone the hard fork of the testnet as there were still seven non-crucial bugs in the code. Cardano testnet than finally and successfully forked on June 28:

    Consequently, also the Vasil hard fork of the Cardano mainnet, initially scheduled for June 29, 2022, will be implemented with a slight delay. IOHK’s post indicated that the mainnet will fork sometime by the end of July or in early August. Historical market data shows that ADA tends to intensely rally in expectation of important updates but often faces a sell-off soon after the updates are implemented. If the Vasil hard fork will have the same effects on ADA price as previous hard forks, now is the best time to acquire ADA. While technical analysis shows that ADA’s price is poised to drop (it is forming the bear pennant pattern), the Vasil upgrade will make Cardano much more developer friendly. This could end up attracting projects and developers from rivalling layer-one blockchains, leading to a higher demand for ADA and negating the projected downtrend indicated by the technical analysis.

    1. XRP (XRP)

    XRP is a cryptocurrency that was launched in 2012 by Chris Larsen, Jed McCaleb and Arthur Britto. Ripple’s network uses a unique Ripple Protocol consensus algorithm (RPCA), which is neither proof-of-work nor proof-of-stake, to facilitate fast and cheap transactions. The maximum supply of XRP is 100 billion coins and all the coins were created at launch. Back than 80% of the total XRP supply was given to fintech firm Opencoin, a company that renamed to Ripple Labs in 2015. As of today, Ripple Labs still hold more than half of the total XRP supply. However, most of the company’s XRP holdings are locked in escrow and can only be accessed periodically. In December 2020 Ripple became entangled in a lawsuit with the US SEC, which accuses that the company of selling unregistered securities. The legal battle between Ripple and the SEC remains one of the key factors influencing XRP’s price.

    The legal battle with the SEC is nearing an end

    XRP has been in a more than a year and half long lawsuit with the SEC. With the legal proceedings nearing their end, the court’s decision on whether XRP is a security could play a massive role not only for XRP and the Ripple Labs company, but also for the broader crypto sector. Earlier this year Ripple Labs CEO Brad Garlinghouse disclosed that he is very optimistic that Ripple will come out as the winner of this long-lasting legal battle. A few months after that, he attracted a lot of attention by saying that the company is looking to explore an IPO after the case with the SEC comes to an end. Although Ripple’s representatives are staying optimistic, they are apparently getting prepared for the worst-case scenario as well since the company is expanding its presence outside the US. In June, for example, Ripple Labs opened a new office in Toronto, Canada, in which they will employ up to 50 new developers. In addition, there is a plan to move Ripple Labs overseas, if the court decides in favour of the SEC and deems XRP a security as well. Although the Ripple network’s fundamentals often stay in the shadow of the developments on the court floor, they must not be overlooked. Just recently, the number of daily active addresses on the XRP Network hit 200,000, which puts this metric on a 2-year high.

    The number of daily active XRP addresses has not been as high ever since February 2020. (Source: Santiment)
  • Best Long-term Cryptocurrencies Purchases: Bitcoin(BTC), Litecoin(LTC) and, RoboApe (RBA)

    Best Long-term Cryptocurrencies Purchases: Bitcoin(BTC), Litecoin(LTC) and, RoboApe (RBA)

    It is critical to determine which token will reign next in the crypto market. Bitcoin (BTC), Litecoin (LTC) and RoboApe (RBA) are all trying great choices, and according to most crypto experts, their prices are expected to rise significantly this year despite the bearish market we’re experiencing.

    Let’s take a look at what makes these three cryptocurrencies unique and why they could be worth your time.

    Bitcoin (BTC)

    In terms of market value, Bitcoin (BTC) is by far the most valuable cryptocurrency. For quite some time, it has been the most recognized cryptocurrency in the coin market. It is also the most popular cryptocurrency, with millions of transactions taking place on its blockchain network every day.

    Furthermore, it has a significant advantage in terms of security as its hash rate is several times higher than any other coin in existence, making it considerably more difficult to hack. Over time, some who formerly criticized Bitcoin (BTC) have warmed up to it. Esteemed financiers JP Morgan have previously stated that Bitcoin (BTC) is cheap and has significant upside potential. This has all been stated during its difficult bearish period.

    All aspects considered, it is easy to see why purchasing Bitcoin (BTC) would be a wise decision. As a result, it is one of the best cryptocurrencies to retain for the long term.

    Light on its feet – Litecoin (LTC)

    Litecoin (LTC) is one of the first cryptocurrencies, having been developed in 2011 by Charlie Lee. It is a Bitcoin (BTC) fork with an 84 million maximum supply.

    With a quicker block time, reduced transaction fees, and a different mining algorithm, Litecoin (LTC) was created as an alternative to Bitcoin (BTC). It also has a greater supply than Bitcoin (BTC) (84 million vs. 21 million), so it won’t have as much purchasing power as Bitcoin (BTC) but it will have faster transaction speeds and lower costs.

    The MimbleWimble Extension Blocks (MWEB) were recently enabled by Litecoin (LTC) to enable secret transactions. This is a significant enhancement, as it can increase the chances of the cryptocurrency’s value skyrocketing in the future.

    Monkey Business With RoboApe (RBA)

    RoboApe (RBA) is a revolutionary meme token that is reshaping the esports industry. The RBA token may be used by fans to make donations to their favorite players. Despite its speed, this allows fans to interact directly with their most beloved athletes.

    The majority of games are centralized, power in the hands of a select few. This implies that CEOs and other higher-ups make decisions, appealing to their own vested interests rather than the entire ecosystem. This is changing, and  RoboApe (RBA) is spearheading that change. This is accomplished using the RoboApe DAO, which allows RBA governance token holders to vote on important issues.

    RoboApe (RBA) is pushing the boundaries of NFTs and the play-to-earn gaming concept. Players may use RoboApe and its future NFT marketplace to manufacture non-fungible tokens of weapons and lands, which they can then sell on the RoboApe (RBA) NFT marketplace. The RoboApe (RBA) ecosystem has been meticulously developed, and it may be one of the best cryptocurrencies to keep for the long term.

    Although there are numerous cryptocurrency initiatives in the cryptocurrency market today, only a handful will be successful. The most important question for early adopters is whether or not to buy Bitcoin (BTC). It’s also been dubbed “digital gold” since its value has steadily increased over time, despite being affected by economic collapses and other crises that have drastically impacted conventional currencies such as equities and bonds.

    Also, Litecoin (LTC) is a notable study token. As a direct rival of Bitcoin (BTC), its industry domination for more than a decade is proof of its validity and potential.

    RoboApe (RBA) has just recently entered the presale stage, but its RBA coin is redefining meme culture, making it worth paying closer attention to. This could be a potential long-term cryptocurrency set to bring gains to your pocket this year.

    Website: http://roboape.io/

    Presale: http://presale.roboape.io/register

    Telegram:https://t.me/ROBOAPE_OFFICIAL

  • Mushe Token (XMU) Blazing Through Second Presale Phase as The Future for Cosmos (ATOM) and Polygon (MATIC) Remain Uncertain

    Mushe Token (XMU) Blazing Through Second Presale Phase as The Future for Cosmos (ATOM) and Polygon (MATIC) Remain Uncertain

    In the crypto industry, new tokens emerge daily with exceptional characteristics and incredible potential. Therefore, all prospective coins must keep up with market advancement and dynamics.

    The world of crypto coins has evolved, and there is now a range of options for putting your hard-earned money to work in the hopes that you will acquire high-end returns. The potential for gains is higher than ever because most good projects are increasing in value.

    With the recent arrival of Mushe Token (XMU), we could potentially witness another cryptocurrency emerge from the bottom and become a complete success. 

    What does Mushe Token (XMU) have in store for us?

    The Ethereum blockchain is where Mushe Token (XMU) is currently being built. XMU plans to migrate to the Stellar open network, a proven blockchain known for low transaction costs and financial inclusion for the underbanked population. Stellar’s network consists of money service providers, financial institutions, and Fintech firms that offer valuable on-and off-ramping services. MusheVerse will be a part of the fastest-growing ecosystem for NFTs, P2E gaming, and other services. Solana is a decentralized blockchain designed for the scalability of user-friendly applications.

    Mushe Token (XMU) is creating a metaverse where users can quickly exchange tokens, freely communicate, and enjoy top-rated DeFi and gaming services to earn without restrictions. The MusheVerse will be a virtual world where users will be able to use all Mushe products at the same time.

    There are plans to create Mushe Chat, a secure platform for XMU holders to interact. End-to-end encryption will be supported on this social platform, giving users complete control over their data. Messages can be sent from one user to another. You’ll be able to communicate with your family, friends, colleagues, and others without worrying about anyone listening in. Each account will be linked to Mushe wallets, giving users access to a variety of features. For more about Mushe, please refer to the link here.

    Cosmos (ATOM) is still falling behind

    Cosmos (ATOM) is a decentralized network that offers open-source tools for programmers to build their interoperable blockchains. One of the biggest problems with blockchains is that blockchains are developed independently and that only a small number of them can exchange data with one another.

    Cosmos (ATOM) aims to turn into the “internet for blockchains,” enabling currencies and data to be shared between any two blockchains that are a part of the Cosmos ecosystem.

    The price of ATOM over the last month has taken a drop by 42.44% and 21.81% in the previous seven days. Cosmos (ATOM) is a coin that has every potential to fall back on track. However, we can only identify its true potential through time.

    Polygon (MATIC) continues to battle declines

    Polygon (MATIC) is a layer two platform that launched in 2017. The Polygon Network, formerly known as the Matic Network, allows developers to design and deploy their Ethereum-compatible blockchains with a single click, allowing other Ethereum-based projects to transfer data and tokens using the MATIC sidechain.

    This year, the price of Polygon’s token, MATIC, has soared. The market price of Polygon (MATIC) has dropped by 33.89% in the last seven days. MATIC has a circulating supply of 8,006,803,852 coins, and is currently ranked 19th on CoinCheckup.

    Discover more on Mushe Token (XMU) below:

    Join Presale: https://portal.mushe.world/sign-up 

    Website: https://mushe.world

    Telegram: https://t.me/musheworldXMU

    News on Cosmos (ATOM):

    Website: https://cosmos.network

    Telegram: https://t.me/cosmosproject

    Discord: https://discord.com/invite/cosmosnetwork

  • Crypto Giants Recover and Crypto Newcomers Gain Popularity

    Crypto Giants Recover and Crypto Newcomers Gain Popularity

    Crypto giants like Solana (SOL) and Binance Coin (BNB) are on the road to recovery. Both have produced impressive numbers this past week, leading many people to add them to their portfolios. Their desirability has become the driving force behind their success as they continue to dominate the crypto space. Mehracki (MKI) has gained immense traction since its presale launch in May. The meme token has risen in value by 51% going from 0.000056 to 0.0000953 at the time of writing. If MKI can achieve this in one month, think of what it will achieve by its August launch.

    Is Mehracki (MKI) the next big thing?

    The Greek verb Meraki describes putting one’s soul, creativity, and love into something. It is precisely what Mehracki (MKI) has done with its innovative meme token. They have designed an ecosystem that benefits both the active community and the development team with their services.

    Staking is a vital part of the Mehracki (MKI) ecosystem. It increases the security and stability of the network while producing rewards for its users. Mehracki is built on the Solana (SOL) blockchain, meaning its users can take advantage of its rapid transaction speeds.

    Mehracki (MKI) looks to break the trend of a real-life application being neglected by meme tokens. Thanks to multiple partnerships with DeFi-capable NFTs and hospitality outlets, users have control over their assets and do not have to worry about foreign exchange.

    Solana (SOL) has lightning-fast transaction speed!

    Solana (SOL) was built in 2017 and the main network launched in 2020. Its main aim was to outperform other blockchains and solve the trilemma associated with blockchains; decentralisation, scalability, and security.

    Due to Ethereum’s (ETH) immense popularity, it often experiences sluggish performances, leaving many token holders to find an alternative. That said, Solana (SOL) can perform over 50,000 transactions per second because of its unique Proof-of-History consensus mechanism.

    Solana (SOL), like every other crypto giant, was affected by the crypto collapse. However, the recovery in the platform has been consistent over the past 7 days as it saw a 4.41% increase at the time of writing. This trend may continue with Solana’s high utility being the driving force behind it.

    Positive trend for Binance Coin (BNB)

    Binance Coin (BNB) is a crypto giant that is used for loans and transfers, entertainment like virtual gifts and lottery tickets, booking travel arrangements, and credit card payments. The multitude of uses for BNB is what makes it so popular among crypto enthusiasts.

    Binance Coin (BNB) wants its users to feel safe buying BNB. It achieves this by consistently performing quarterly burns. The burn makes sure the coin remains finite, making it more valuable and scarce.

    Five-time Ballon D’or winner, Cristiano Ronaldo, recently announced a multi-year NFT partnership with Binance Coin (BNB). A series of NFTs will be released exclusively on the Binance coin NFT platform. He was quoted saying, “the fans are going to enjoy the collection”. It will increase the popularity of Binance Coin exponentially.

    To summarise

    Solana (SOL) and Binance Coin (BNB) are undoubtedly crypto giants. They dropped in value during the crypto collapse but have recovered immensely since. This trend may continue as both platforms announce new partnerships and significant advancements in their technology. Mehracki (MKI) has gained a lot of popularity since the start of its presale. The meme token has already increased in value by 51%. It will be exciting to see what the future holds for Mehracki. Will you be a part of it?

    For more information, please visit the following websites:

    Presale: https://buy.mehracki.io/register

    Website: http://mehracki.io

    Telegram: https://t.me/Mehracki_Official

    Twitter: https://twitter.com/MehrackiToken

  • 4 Coins That Defeat the Crypto Winter

    4 Coins That Defeat the Crypto Winter

    coins for crypto winter

    With assets like Bitcoin (BTC) currently trading at a 72% loss from its All-Time High (ATH) price of $68,770, many investors are now considering which digital currencies to acquire that have the biggest potential of surviving the current ‘Crypto Winter’.

    This article takes a look at four such assets, including Flow (FLOW), ApeCoin (APE), Choise.com (CHO), and Fantom (FTM) which stand a big chance of surviving the current harsh economic conditions in the crypto ecosystem. These coins were picked based on our study of different market niches featuring gaming, NFTs, and DeFi respectively.

    Flow (FLOW)

    Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. Powered by the FLOW coin, Flow comes off as one of the pioneers in the blockchain gaming ecosystem, and one whose future plans will help amplify the opportunities the space has to offer.

    While the coin is trading at a price of $1.59, up 2% in the past 24 hours, showcasing its resilience against the general market meltdown of the past few days. Riding on its unique gaming smart contract infrastructure and the success of Dapper Labs, FLOW has a good chance of charting more promising growth trends post-crypto winter.

    ApeCoin (APE)

    ApeCoin is a Non-Fungible Token (NFT) based coin that is native to Yuga Labs’ Bored Ape Yacht Club (BAYC) ecosystem. The coin was launched earlier this year and it is aimed at powering the Otherside metaverse world that Yuga Labs is trying to build.

    While the coin was airdropped to Bored Ape holders as one of the most lucrative airdrops in crypto history, the accompanying massive selloffs pushed the token down from its ATH price of $27.31 to its current price of $4.54, an 83% change.

    Massive as this plunge may seem, due to its fundamentals and massive community behind it, the token has a high tendency of retracing its positive growth trend, as indicated by the recovery it showed over the past week. It is a coin with the potential to pare its losses and retest the $27 resistance in the next few months.

    Choise.com (CHO)

    Choise.com is a MetaFi platform, called after a combination of CeFi and DeFi, that seeks to simplify decentralized finance offerings with a mix of centralized finance capabilities or advantages under one system. Choise.com is based on the DeFi platform Charism, which includes a suite of products: a non-custodial wallet, cross-chain bridges, NFTs, transaction builder, decentralized derivatives, and other solutions.

    Choise.com also seeks to make general crypto investments accessible to all. Its native token – CHO has grown by over 98% in the past 1 month. CHO is currently changing hands at $1.14 and is undoubtedly in a price discovery zone in which beating its previous ATH is just a matter of days.

    CHO has a strong fundamental, an in-demand utility, and a dedicated community that can help sustain its potential growth into the near future.

    Fantom (FTM)

    Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Fantom comes off as one of the most undervalued Layer-1 smart contract platforms around today, one with the right technological capability to achieve massive sustainability in the near to long term.

    Trading at a price of $0.24, the tech and uniqueness of Fantom may help it lead to a highly profitable token valuation post-crypto winter and may always be a good altcoin alternative for investors looking at the long term. As seen in the chart, the coin has maintained a good uptrend over the past week, a resilience against the negative downtrend in the market.

    Key Takeaways

    The digital currency ecosystem may be showing signs of intermittent price growth, but this does not discount the fact that the market is unstable and highly volatile.

    For investors who may wish to make an investment decision at this time, embracing coins/tokens with high utility, sustainable fundamentals, and strong community backing is key. All of the digital currencies profiled above have these features and more and can stand as a starting point for investors to make their research. Investors need to also understand that the inherent recovery of the broader crypto ecosystem hinges on Bitcoin (BTC), as it wields a huge dominance of 42% which influences other tokens’ reactions. As much as they need to keep an eye out for these profiled coins, closely watching the growth trend of Bitcoin is also recommended.

  • Fintech-Ideas brings blockchain functionality to its range of platforms

    Fintech-Ideas brings blockchain functionality to its range of platforms

    Berlin, Germany, 3rd July, 2022, Chainwire

    Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage.

    The integration of blockchain functionality into the company’s fintech and marketing platforms will deliver web3 services on demand. Customers will be able to gain exposure to crypto-based technologies, including blockchain, with minimal setup costs and lead time.

    Flagship Fintech-Ideas products such as Pushnoti, LiberSave, and ITTechAV are relied on by millions of customers for payments and marketing. The incorporation of web3 features will further extend their functionality and unlock new revenue streams for forward-thinking businesses. Fintech-Ideas also services the media industry through a brace of products. Aussiedlerbote Zeitung offers readers a wide range of media content and TechZeitung supports the convenient and high-scale exchange of entrepreneurial skills and expertise.

    Liber Save is a software-as-a-service solution for digital coupon issuers. Users can buy unlimited coupons from issuers and use them to purchase items from partner stores and marketplaces. 

    Pushnoti, meanwhile, helps business owners identify regular visitors for engagement purposes, and PushnotiAds is a push notification monetization platform. These, together with Fintech-Ideas products such as IT Technologie, will benefit from blockchain integration.

    The cost and complexity of introducing and maintaining blockchain functionality serves as a deterrent for many companies. Fintech-Ideas’ Blockchain-as-a-Service offering will give companies exposure to web3 and the upside it offers, without being lumbered with prohibitive maintenance costs.

    Web3, presented as a new internet standard, utilizes innovations that are synonymous with blockchain including the use of key pairs, encryption, digital IDs, and tokenization. Web3 technologies support such applications as micropayments, decentralized networking, IoT, and censorship-resistant social media platforms.

    About Fintech-Ideas

    Home to 200 employees across nine countries, Fintech-Ideas specializes in sourcing, financing and developing in-house products aimed at fintech and marketing industries. The Berlin-based company is focused on proprietary projects, which it prioritizes over software sales and contracted full-stack development. Fintech-Ideas solutions help businesses achieve their goals by freeing them to focus on their core operations.

    Contacts
    • Eugen Geptin
    • IT-Technologie A.V. GmbH
    • pr@fintech-ideas.com
  • Betting With Crypto: What to Look For in a Casino Site

    Betting With Crypto: What to Look For in a Casino Site

    It’s not hard to see why crypto betting has become a popular way to wager on sports events and casino gaming. The proliferation of newly launched crypto casinos hasn’t arrived out of nowhere; there has been considerable publicity gained by the sites that went before them, with the improved anonymity, better offers and greater versatility of crypto betting sites a definite selling point. 

    It makes sense that there would be some synergy between cryptocurrency and betting. After all, both are ways of speculating with money and backing your own analysis. The factors that lead to movements in crypto markets aren’t so different from the factors that decide a sporting event, or those that govern the way a game of blackjack will ebb and flow. In some cases, they are the self-same factors, so it isn’t hard to see why crypto betting sites have so many fans. But if you are going to join those ranks, how should you make your decision regarding the casino you choose to bet at?

    Range of betting markets

    The main problem with traditional betting sites is that they are … traditional. It’s fine for them to be that way, too, they have plenty of customers who want just that. But if you are a crypto holder, then it makes sense that you’ll have a more esoteric outlook, and you’ll want that to be reflected in the casinos and betting sites you use. You’ll want more dynamic casino games and broader markets in sportsbooks. Although some traditional bookmakers have markets in eSport, they’re often very limited and only available on bigger events. Crypto betting sites are more focused on markets that a crypto holder might be into, and it improves the betting experience.

    Range of coins accepted

    Crypto holders have a difficult enough time as it is explaining to skeptics that Bitcoin isn’t the only crypto coin. For the few traditional bookmakers that do accept crypto, customers tend to have to accept that in the eyes of most people, BTC is the only show in town. With crypto-specialist casinos and betting sites, that shouldn’t be the case. And it shouldn’t be a matter of Bitcoin and one or two others, either. Ethereum and Dogecoin are certainly part of the sphere, but they aren’t the only altcoins. When you are able to find and play at Tron casinos, and those for other new altcoins, it is only reasonable to expect that level of choice across a wide range of sites.

    Converts your coins to fiat after you deposit

    Any experienced crypto investor will know that the value of coins can go down as well as up. Market volatility is something that comes with the territory. But when you’re planning to bet with your crypto coins, you don’t want to place a bet before the dip and then win after it. That’s the definition of winning and losing at the same time. The best crypto casinos convert your coins to fiat cash before you step on to the playing floor. That way, you’re betting with the amount you deposited, not what it was turned into by market turbulence. When you’ve got some winnings to take out, they will then be converted back into the crypto coin you deposited, potentially boosting your profit.

    Has some interesting extras

    The joy of using crypto casinos is that you’re not restricted to the standard traditional casino experience. You can bet and chat with people of like minds. And you can also be among a community of innovative thinkers. So when it comes to choosing a crypto casino to bet with, bear in mind that you have a wide range of choice, and make sure you don’t just settle for the crypto version of a traditional casino. Some crypto casinos include a casino faucet that allows you to play games to mine new crypto that you can then use to play on the site. Other casinos allow you to write your own code to place bets for you when it’s more advantageous. Some simply have better offers for crypto bettors.

    Whatever it is, make sure you’re getting something a little extra from a crypto casino – getting the best from the available technology is what the crypto mindset is all about, after all.

  • Grayscale Sues the SEC Over Rejected Bitcoin ETF Application

    Grayscale Sues the SEC Over Rejected Bitcoin ETF Application

    Bitcoin (BTC) cover image

    Key takeaways:

    • Grayscale’s application to convert Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was rejected by the SEC
    • Grayscale’s legal team has filed an appeal with the US Court of Appeals for the DC Circuit
    • The shares of GBTC have been trading at historically low discount rates as of late

    Top US financial regulator rejects Grayscale’s application to convert GBTC to a physical BTC ETF

    On Thursday, the US Securities and Exchange Commission (SEC) announced it rejected Grayscale’s Bitcoin exchange traded fund (ETF) application over concerns of potential price manipulation and the lack of investors’ protection.

    While optimistic about the outcome of the SEC’s ruling earlier in the month, Grayscale did announce the hiring of top legal counsel should the regulator reject its application. Now, roughly three weeks later, the digital assets management giant finds itself holding onto its promise to pursue all available legal avenues to convert the Grayscale Bitcoin Trust (GBTC) into an ETF tracking the spot market performance of Bitcoin.

    “At Grayscale, we have not and will not waver in our commitment to converting GBTC to a spot Bitcoin ETF. The decision to pursue litigation is not one we take lightly, but we are confident in our legal team, as well as our compelling, common-sense legal arguments,” wrote the Grayscale team in a statement.

    The head of the Grayscale legal representation is Donald B. Verrilli, President Obama’s former Solicitor General. According to the official statement, Verrilli has already filed a “petition for review” of the SEC’s decision-making process on behalf of Grayscale with the US Court of Appeals for the DC Circuit. 

    According to data from Bitcoin Treasuries, Grayscale’s GBTC has 654,885 BTC (worth $12.5 billion at current market rates) in assets under management (AUM). The Trust has been trading at a historically low discount rate in comparison to the net asset value (NAV) of Bitcoin as of late.

    NAV to GBTC discount/premium chart
    GBTC discount to NAV of Bitcoin 12-month chart. Image source: Ycharts

    Grayscale was hoping for the Trust to be converted into a Bitcoin price tracking ETF, which would eliminate the discount and lead to investors who were buying shares of the Trust in the past couple of months to instantly make a profit on their GBTC investment, amounting to the difference between GBTC’s share value and the NAV of BTC (-30.74% as of June 30).

    The firm has recently published an in-depth analysis of the potential benefits of a BTC spot ETF for investors, deduced from over 11,000 comment letters submitted by “academics, market participants, other communities.” It is worth noting that in excess of 99% of comment letters were submitted in favor of converting GBTC to ETF.

    Following the rejection of Grayscale’s application yesterday, Bitcoin plunged below $19,000, retesting its support in the upper $18,000 price region for the second time in the past month. At press time, the world’s largest crypto is trading at $19,170, essentially breakeven over the past 24-hour period.