Former Goldman Sachs executive Raoul Pal believes a sustained upward trend is coming for Bitcoin (BTC) and the rest of the cryptocurrency market. In a new interview with cryptocurrency trader Scott Melker, the macro expert noted that historically risky assets like Bitcoin and cryptocurrencies tend to bounce in the fourth quarter of a presidential election year. “Look, the back-end quarter of an election year is a real banana zone for all assets. That’s always the case. So you know that there’s a very, very, very high chance that everything will be completely ruined come fall. I mean, how long will…
Author: Crypto Flexs
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YesCoin It’s one of the most recent ones. Viral Telegram-based game It will take the cryptocurrency gaming industry by storm. By swiping gold coins across the screen, you promote a continuous cycle of increasing numbers. This gets further boosted with upgrades and more swipes to come.The developers are looking to pack an even bigger bag, as they hinted at a potential YES token being released following the news, mentioning an “upcoming airdrop.” It’s being built In ~ open network (ton).As a result, Yescoiners is getting serious about stacking coins ahead of a potential airdrop. Here are some top tips to…
This private equity sale by Revolut will help the company generate liquidity for early investors and employees. Revolut, potentially Europe’s most valuable startup, is looking to liquidate $4 billion worth of its existing stake, according to a Financial Times report on Thursday, June 20. The move is consistent with other private companies seeking alternative liquidity options for shareholders amid a sluggish IPO market. According to reports, fintech company Revolut is teaming up with banking giant Morgan Stanley to sell its stake. The move will also help free up additional cash for early investors and existing employees, people familiar with the…
Binance, one of the world’s leading cryptocurrency exchanges, announced support for Metal DAO (MTL) mainnet swap. According to Binance, all deposits and withdrawals of existing MTL tokens will be suspended from 02:00 (UTC) on June 24, 2024. This move is part of the transition to the new Metal DAO mainnet. Impact on Users Binance assured users that spot trading, margin trading, futures trading, and Binance Savings services will not be affected during the mainnet swap. The exchange will handle all technical requirements of users related to this event, ensuring a smooth transition. Users are advised…
The Hong Kong Monetary Authority (HKMA) has released statistics on payment cards issued in Hong Kong for the first quarter of 2024. This data provides insight into credit and debit card usage patterns in your area. credit card statistics According to the HKMA, the total number of credit cards in circulation by the end of the first quarter of 2024 reached 19.98 million. This is a 1.5% increase compared to the previous quarter and a 1.5% increase compared to the same period last year. The total number of credit card transactions in the first quarter…
TL;DR (concentrated takeaways)2-Factor Authentication (2FA) is a form of Multi-Factor Authentication (MFA) that is used to identify who you are. In addition to “Something you know” (like a password), 2FA also provides “Something you have” (like a dynamically-generated authenticator code), or “Something you are” (like biometrics).Correctly used 2-factor authentication is one of the strongest defenses against account abuse and crypto theft. (But improperly-used 2FA can actually make you more of a target!)2FA code generation devices may take the form of desktop or mobile software apps, specialized hardware, or SMS-messaging phones. You will likely end up with more than one type…
BNB price has fallen by more than 3% over the past seven days. Despite the 24-hour recovery, few on-chain indicators remain bearish. like Bitcoin (BTC) Despite efforts to raise prices, several altcoins, such as BNB met a similar fate. But in the last 24 hours, things have started to change. In fact, if the latest data is to be believed, altcoins could soon post a bullish rally, which could allow BNB to recover its recent losses. BNB turns green Renowned cryptocurrency analyst World Of Charts recently shared the following: Twitter We highlight interesting developments. Likewise, the market capitalization of altcoins…
Cryptocurrency traders in South Africa have reportedly started receiving notices from the South African Revenue Service (SARS) that their tax issues are under review. Revenue collectors are gathering information from various cryptocurrency exchanges to assess compliance. Traders who fail to provide the requested information may be subject to criminal punishment under the Tax Administration Act. SARS is probably (…)
The Hong Kong Monetary Authority (HKMA) has released first quarter 2024 statistics for the Stored Value Facility (SVF) scheme, according to the HKMA. These statistics provide valuable insight into the usage and transaction volume of SVF accounts issued by licensed operators. Key Statistics and Growth By the end of the first quarter of 2024, the total number of SVF accounts in use reached 73.58 million, an increase of 3.0% from the previous quarter. The total number of SVF transactions in this period was approximately 1.9 billion, a decrease of 4.0% compared to the fourth quarter…
The founder of Rizz memecoin found himself in a precarious position while promoting his cryptocurrency during a live stream on X.com, as onlookers watched in shock as the value of his cryptocurrency suddenly plummeted 90%. Nicolas Vaiman, CEO of Bubblemaps, joined the space before the collapse and was well aware of what was happening. Bubblemaps posted a thread describing the incident at source: bubble map.According to the Bubblemaps thread, $RIZZ was launched on the Solana platform last week. “Founders with a sizeable $8 million stake are invited to introduce their tokens on a live Space,” the team wrote. But as…