Crypto Asset News Update!
It’s an overcast day in paradise & we have interesting news for you,
!1) South Eastern Asian nation of Laos is about to legalise mining & trading of Bitcoin! I keep saying this & I feel like a broken record! Like a 7yr old asking their parents on a long road trip…..repeating “are we there yet?” If you aren’t “there yet” then snap out of it lol. Bitcoin is a one way ticket to the moon!
2) US Homeland security signs $1.36 Million contract with Coinbase! The idea behind this is to try deal with Ransomware attacks. But we know they will likely cross the line (think NSA whistle blower Edward Snowden) which leads to the question, will this increase the uptake of privacy coins like Monero, Zcash & Dash?
3) Solana having a good run after bottoming out at $135 USD on Friday to sit at $164 after peaking at $170 at Midday today. BREAKOUT is a conference taking place in Lisbon, Portugal on November 7th-10th which is a celebration for the Solana community & they will be sharing the exciting plans of what is next for the fastest Blockchain in the world. This will be supported by industry leaders, innovators & builders from around the globe. Exciting times ahead! Link below to this event if you wish to take a closer look or maybe even go!
4) Large quantities of XRP are being moved around, is a settlement imminent? While this case has hurt XRP in the USA it is thriving in other countries as innovation is taking place elsewhere in the meantime. A huge bonus for those cashing in on corruption in the US. Speaking of corruption, guess who is now under investigation? The SEC themselves! Surprised? Not really! Gary Ginsler flip flop’s more than Dr Fauci on mask use! This is going to be awesome to watch unfold! Stay tuned for those updates! XRP is expected to win this case but they are blocking documents from being available to the general public! I wonder why??? lol
5) Another reminder of just how early we are to this space. The most popular NFT platform is OpenSea, they have just 200,000 users. The most popular Crypto game currently is Axie Infinity with 1 Million users. DeFi has just 10 million users & to put that into perspective the game “Minecraft” has 600 Million users! I’m a huge fan of gaming Crypto’s so check out SAND, MANA & DERC. DERC has just had a decent run to a shade over $4 USD while MANA & SAND are just waiting to pop! Both trading well under $1 USD. Disclaimer, I have a big bag of SAND! And always DYOR before investing.
6) DAG Constellation! This hidden relatively unknown project is worth a 2nd look! Constellation is a distributed network that enables fast, scalable solutions for organizations who need to process and transfer data securely and build interoperability for connected sensors and devices. As computing moves increasingly to the edge, Constellation provides the only scalable, secure solution for a world with more connectivity, more centralization, and more concentrated risk. They have partnered with the US Airforce which speaks volumes in itself! 3 months ago it was trading @ $0.04 USD & now sits at $0.31. Its got good tokenenomics so is worthy of a closer look to see if you like it! You can find it on the following exchanges HitBTC, KuCoin, Hotbit, and LCX Exchange should you chose to dive in. Link below to the project!
7) Market Watch: Bitcoin ran sidewars for the most part in the last 24hrs after a 6.5% gain for the week, now trading at $48,300 USD. Slight pull back for Eth & ADA, both are primed to pump! Voyager is kicking ass with a stonking 31% increase in the last 24hrs to $3.4 USD. ATOM continuing to steam roll with an almost 14% jump in the last 24hrs to $39.80 USD. That shit coin Solana as previously mentioned also back in favour with a 11% rise in the last 24hrs. And a few notable pull backs are REN with a 10% drop to $0.96 USD, AVAX with a 7.5% pull back to $69.30 USD & SHIB down 7.45% to $0.00000793 USD but still up 15.76% this week after news broke of another big exchange listing it!
8) The World Bank won’t help El Salvador adopt Bitcoin lol. That just says it all doesn’t it? The Rothchild’s Et Al are NOT interested in people being prosperous, the seek only to increase their own wealth, power & influence, at a cost to the little guy!
9) Tanzania’s president is preparing the country for eventual Cryptocurrency adoption. The world bank will not be happy but you know what? Fuck them! Interestingly though the UN is in favour of Cryptocurrencies! So will be interesting to follow Tanzania’s progress! Stay tuned!
10) And lastly, remember with all the talk of regulation (ultimately a positive thing IMO) they are ignoring Bitcoin! Why do you think that is?? I’ll leave you to draw your own conclusions. Let us know in the comments what your thoughts are!
11) Scams, they are everywhere! Ignore anyone in the chat section of ANY site including right here! There are lots of scammers posting nonsense scams & will sometimes use our logo’s so look like this page! And under no circumstances will this page EVER ask you for money or private message you in order to invest! This page is a media outlet, we don’t offer financial advice & will NOT EVER ask for money. Stick to the basic rules of buy only from a trusted exchange, not sure which ones, just ask! PS: If you like what we do, please like & follow the page & feel free to share our posts with friends & family & you’re welcome to discuss these updates below in the comments section.
LINKS: Solana Conference November 2021: https://solana.com/breakpoint
DAG Constellation: https://constellationnetwork.io/
Here’s What the Main Stream Media Are Saying About DeFi: https://www.youtube.com/watch?v=_tXd9SC9xZw