HashKey Group, one of Asia’s digital asset financial service providers, has entered into a collaboration with Catizen, a leading Web3 mini-game. This partnership will position Catizen as the first Web3 partner of the financial services provider to enhance the future of GameFi and global digital entertainment architecture.

HashKey Partners with TON Mini-Game Catizen

HashKey Group’s interaction with the TON Foundation in April has been crucial to this cause. This partnership with the TON Foundation aims to develop the TON ecosystem, which Catizen has also utilized. Since its inception, Catizen has been able to attract more than 29 million users globally.

The main goal of this partnership is to build and enhance gaming for worldwide audiences in the Web3 realm. These improved services will be offered through HashKey Global, the licensed exchange. In doing so, they will be in a position to develop a secure and stable channel for digital assets.

We are thrilled to announce our partnership with @CatizenAI as our first Web3 partner!

And this is just the beginning—stay tuned for more collaborations between HashKey Global and Catizen!

Read more https://t.co/V2fZJJo3Md pic.twitter.com/S6BJMmATYq

— HashKey Global (@HashKey_Global) August 19, 2024

HashKey Group Innovation and Regulatory Compliance

This is not a mere expansion but also a collaboration that focuses on innovation and adherence to legal aspects. Hence, the financial services provider will offer regulation compliance and blockchain back-end services to ensure that Catizen’s digital products are unique and meet international requirements. Such support is essential for preserving the effectiveness and stability of blockchain-based entertainment applications.

Managing Director of the financial services provider, Ben El-Baz, emphasized the importance of the partnership. He stated, “We are excited to continue participating in the global digital entertainment industry innovation based on our collaboration within the Ton ecosystem. Our goal is to provide compliant digital asset services to more players and, together with Catizen, explore the creation of a new paradigm that integrates digital finance and digital entertainment.”

In a related development, HashKey Global has opened new perpetual contracts for Solana, Dogecoin, and Avalanche. These products will enable traders to engage in many forms of trading and to leverage up to 10 times.

The new development aligns with the overall plan to expand derivatives services as it addresses the global crypto market’s trends.

Toncoin Market Reaction

Also, there has been a crucial token burn event within the Ton ecosystem that has improved its value proposition. To date, half of $INVITE has been burned, and 500 million tokens have been permanently taken out of the market. These include 400 million from mining, 25 million from project development, 25 million from the community and 50 million from the ecosystem fund.

Consequently, Toncoin has demonstrated a notable increase in market activity, registering a 24-hour volume surge of 154.32%, equating to $462,323,563. This spike in trading volume highlights growing investor interest and market liquidity, possibly spurred by recent developments. Currently, Toncoin is priced at $6.80, reflecting an 8.18% increase over the past week, which aligns with a broader upward trend observed in its market valuation.

Moreover, Toncoin’s market capitalization has risen by 4.11%, reaching approximately $17.1 billion, ranking it eighth globally among cryptocurrencies. This growth is complemented by its climbing daily active users and expanding utility within the crypto ecosystem.

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No one should ignore this year’s most anticipated meme coin! The $STARS presale is now live, giving you an opportunity to be part of a revolution. As such, the developers have come up with the first innovative staking smart contract ever known as “MemeVault,” which is truly groundbreaking in the world of cryptocurrency. Those who start using it at the beginning will earn rewards even before it goes global. Such opportunities are seldom found. Let’s review this project and see why it’s called the “first ever memevault staking smart contract platform.

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The SHKeeper non-custodial crypto processor is a cutting-edge solution designed by VSYS Host for secure, decentralized cryptocurrency transactions. This review explores its features, advantages, and why non-custodial processing is the preferred choice for those who value control, security, and privacy in their financial operations.

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As a top-tier all-in-one cryptocurrency platform, NFTCOLO offers a variety of cryptocurrency investment custody services, such as NFT trading, liquidity mining, collateralized lending, and advanced investment tools.

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The technological pattern in the cryptocurrency space today has many projects in DePIN, gaming, zero-knowledge, and metaverse integrating AI technology. Combining AI and blockchain is becoming an attractive idea for investors and is considered to be one of the main themes of the new crypto bull market. This brings us to WELL3, a decentralized mind-body ecosystem powered by artificial intelligence that has secured more than $5 million from seed funding and NFT sales. So let’s have a careful examination of this project and see different sides of it.

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In recent years, with the evolution of blockchain technology, gaming is not just spending your leisure time. A bucket full of NFT platforms has walked into the scene, making online gaming 10x more immersive and rewarding. The market today is crowded with NFT gaming spaces, with the interest of crypto enthusiasts flooding into them. However, not many have tasted the sweetness of wild popularity like Chainers.

With its unique blend of highly immersive gameplay, community interaction, and a bag full of features, Chainers has claimed the position of one of the most prominent NFT gaming spaces. But what makes this platform so unique, and is it worth your time? Let’s jump into the ins and outs of Chainers to know its key features, pros, cons, and much more.

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Wormhole, a prominent interoperability platform in the Web3 ecosystem, has recently made significant announcements regarding its W Token airdrop and plans for decentralization. The platform, known for powering multichain applications and bridges at scale, has garnered attention for its role in facilitating seamless data movement across over 30 blockchains.

With over 200 applications and hundreds of thousands of users utilizing Wormhole’s open-source protocols, the platform has become integral to the operations of major teams such as Uniswap, Circle, Lido, Synthetix, and Pyth. Wormhole’s ability to handle over 950 million multichain messages underscores its importance in enabling cross-chain functionality for various decentralized applications.

The recent announcements from Wormhole signal a strategic move towards further decentralization, accompanied by the introduction of the W Token airdrop. These developments mark a significant step forward for Wormhole as it continues to cement its position as a leader in the interoperability space within the Web3 ecosystem.

Tokenomics and Distribution Details

The W Token, integral to Wormhole’s ecosystem, boasts a maximum supply of 10,000,000,000 units, with an initial circulating supply set at 1,800,000,000 tokens. This allocation sets the foundation for the platform’s operations and community engagement.

In terms of its format and distribution, the W Token operates as a native ERC20 and SPL token, adhering to Wormhole’s Native Token Transfer standard. Notably, 82% of the token supply is initially locked, with tokens gradually unlocking over a four-year period according to the Token Release Schedule. This mechanism ensures a controlled release of tokens, promoting stability and long-term value.

The distribution of W Tokens spans across six distinct categories, each serving a crucial function within the Wormhole ecosystem. These categories include Guardian Nodes, Community & Launch, Core Contributors, Ecosystem & Incubation, Strategic Network Participants, and Foundation Treasury. Each category receives a specified allocation of tokens, contributing to the diverse and balanced distribution of W Tokens across various stakeholders and initiatives.

Read Also: MAVIA Price Jumps 33% Amid Bitget Listing and Token Airdrop

Governance and Decentralization Plans

Wormhole’s governance and decentralization strategy revolve around a collaborative and inclusive development model that involves multiple contributing teams. These teams, including Wormhole Foundation, Wormhole Labs, xLabs, Wormhole China, Superteam, Lurk, and Zpoken, among others, collectively drive the platform’s decentralized evolution.

Central to Wormhole’s commitment to decentralization is its token-based governance system and the establishment of the Wormhole DAO. Through token-based governance, Wormhole empowers token holders to influence the protocol’s direction and decision-making processes. The Wormhole DAO serves as the governing body responsible for overseeing key aspects of the platform’s operations.

The responsibilities and decision-making processes delegated to the Wormhole DAO encompass a wide range of critical functions. These include the addition and removal of blockchain connections to Wormhole, upgrades to smart contracts across the platform, adjustments to fees across various products, management of the Guardian set, and implementation of security features such as rate limits.

By entrusting these responsibilities to the Wormhole DAO, Wormhole aims to foster a more transparent, inclusive, and community-driven governance model. Through collaborative efforts between Wormhole Core Contributors and the community, the platform seeks to ensure that its path towards decentralization aligns with the insights and needs of its stakeholders.

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The Memeinator presale has reached a significant milestone, with 70% of the allocated tokens already sold. Currently in its 14th stage, the presale has shown notable progress, indicating strong investor interest in the project. With only 30% of tokens remaining available for purchase, investors face limited opportunities to participate in the presale. 

During the course of the presale, the price performance of the MMTR token has been noteworthy. Initially sold at $0.01, the token has seen a substantial increase in value, now trading at $0.022. Further appreciation is anticipated, with the price expected to reach $0.0485 by the end of the presale. This upward trajectory represents a potential 264% return on investment for early backers, underscoring the attractiveness of the Memeinator presale to investors.

Memeinator Presale Raises $4.4 Million, Attracts Investor Interest

The Memeinator presale has garnered significant fundraising success, amassing a total of nearly $4.4 million in investments. This achievement underscores the strong interest and support from investors towards the Memeinator project.

One of the key factors contributing to the presale’s success is the ease of purchasing MMTR tokens. Investors have the flexibility to acquire MMTR tokens using various cryptocurrencies, including ETH, USDT, and USDC stablecoins. This accessibility enhances the attractiveness of the presale to a wider range of investors.

The Memeinator project offers a unique value proposition that resonates with investors. By providing content creators with a powerful tool for filtering out irrelevant memes, Memeinator aims to address a common issue in the online space. The integration of MMTR tokens within the ecosystem further enhances its appeal, offering features such as deflationary mechanisms and rewards for token holders.

Read Also: Memeinator Tops New Meme Coins With $695k Raised In 17 Days

Evaluating Memeinator as an Investment Opportunity

Investor interest in the Memeinator presale has been steadily growing, driven by several key factors. Firstly, the project’s unique value proposition as a solution for filtering out irrelevant memes resonates with a broad audience, particularly content creators and consumers alike. The promise of leveraging AI technology to enhance content curation adds a layer of innovation that attracts investors seeking opportunities at the intersection of technology and entertainment.

Furthermore, Memeinator’s use of blockchain technology, particularly its integration of the MMTR token, enhances its appeal as an investment opportunity. The decentralized nature of blockchain ensures transparency and security, while the utility of MMTR tokens within the ecosystem adds tangible value. Features such as deflationary mechanisms and rewards for token holders incentivize participation and contribute to the project’s long-term sustainability.

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The art of trading crypto has never been more complicated than now. With so many options to choose from, traders are finding it difficult to keep track of their crypto holdings. While crypto markets expand at an exponential rate, so does the risk of dabbling in crypto without proper management. There are currently few to no transparent crypto management portfolio solutions that also generate real yield.

That is where Flynt Finance comes into the picture as a revolutionary portfolio management platform with effective options strategies. Flynt Finance and its team are working on creating a backtested, reliable, and innovative hub of financial products. Let us take a deep dive into what this platform stands for and see how useful it is in reality.

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Getting started with crypto trading can be a little challenging, especially if you have no trading background in stocks or the forex market. Generating substantial profits is also not a walk in the park. Whether you are a newbie or an expert, you can easily blow your account because of the high volatility portrayed in cryptocurrencies.

Nonetheless, there are other smart ways of making substantial profits in cryptocurrency apart from just the traditional buying low and selling high. One such way to earn smartly with crypto trade is through Proof of Stake coins, also referred to as dividend-paying cryptocurrencies traded on PoS platforms such as MyCointainer. In this regard, below you can read a comprehensive MyCointainer review analyzing the provider’s key concepts.

MyCointainer overview – why you should try staking on this platform

MyCointainer is an online automatic staking platform that generates profit for crypto traders in the form of ‘stakes.’ MyCointainer credits itself to be the easiest and safest way to stake and earn Proof-of-Stake cryptocurrency. The platform is a simple all-in-one platform that allows users to choose their PoS coins and get staking rewards from multiple crypto assets at once. The platform also offers advanced automatic staking but for selected altcoins.

What are Proof-of-Stake coins and why should you choose them over PoW?

Let’s start first by defining Proof of Stake (PoS) in cryptocurrencies. PoS is an interesting concept that allows an individual to mine or validate block transactions based on the coins he or she holds. In essence, this simply means that miners owning more crypto coins have more mining power. PoS was created as an alternative to Proof of Work (PoW), which was the original consensus mechanism in Bitcoin and the entire blockchain technology.

The problem with PoW is that it requires miners to have enormous hashing powers, which can only be achieved through huge amounts of energy that can be expensive hence reducing the profit margins. PoS is an excellent solution to the huge power consumption as it gives mining power based on the percentage of coins held by a miner. Also, Proof of Stake (PoS) is less prone to hacking attacks since the network structure makes it almost immune to mining attacks. 

Proof of Stake coins is based on the PoS consensus mechanism. The best thing about PoS coins is that it provides coin holders with sustainability and real value thanks to dividends obtained through staking their coins on a staking pool platform such as MyCointainer.com.

How does MyCointainer – a user-friendly, no-frill platform – work? 

MyCointainer basically works from DeFi and stakes running. At the core of MyCointainer is the staking pool, which is the reward infrastructure that benefits every user who has staked his/her coins, even those with a few coins. The platform is able to automatically generate access to shared master nodes staking with every reward channeled to stackers being subject to compound interest. Normally, the returns are based on each coin consensus rule and usually vary from 1% to 149%. While most investments have no reward fees, some get a reward of up to 9%. All fees are usually transparent, and users can view them on their dashboards. 

What makes MyCointainer stand out from the rest of the staking platforms is that every user benefits even those with limited amounts of coins. Also, every reward is subject to compound interest, thus the longer you stake your coins, the more rewards you earn. With such a system, holders of digital assets can easily and efficiently increase their profits without much hassle – just being part of a staking community.  

MyCointainer currently supports over 140 different digital assets with the number expected to rise in the coming days. Some supported assets include Divi Coin, Energi, Rupaya, Polis, BitBay, Monetary Unit Neblio, among others. The platform also integrates shared master nodes technology, which groups people together in a segment such that they can easily invest together for the collateral amount.

How to earn rewards with MyCointainer? Is passive crypto income real?

Earning rewards on the MyCointainer crypto staking platform is straightforward. First, you start by depositing a crypto coin of your choice to your MyCointainer staking address. The staking begins automatically after depositing the coin. With the investment going on automatically, future rewards are credited and added to your balance.

The whole process of passive earning through MyCointainer is scalable, transparent, and verifiable. Every participant in the staking pool is provided with a clear copy of all stakes — Id transactions and rewards. The developers are also looking to launch a solution that could help investors separate their rewards based on the ones coming from staking and the ones coming from Masternodes.

Benefits of MyCointainer.com

MyCointainer leverages Proof of Stake technology to enable users to earn from the coin stakes. Users stake their coins as validators on the platform and, in turn, receive rewards for their investment. The platform has several benefits outlined below: 

• User-friendly interface. MyCointainer features an instinctive, user-friendly interface that can be used by both newbies as well as experienced crypto traders. Not much expertise needed when managing coins or investing using the platform 
• FIAT-to-crypto gateway.  Users can easily buy crypto with FIAT on MyCointainer.   
• Direct interest. MyCointainer also offers direct interest in the rewards allowing users to generate more profits.  
• Profit-based fees. Fees charged for using the platform are applied only to generated rewards, thus allowing users to make more profits. 
• MyCointainer power. Subscription-based services for smart stakers that want to waive their fee based on a monthly subscription.
• Automated stacking. With MyCointainer, you hardly do anything, and you can forget about trading strategies or conducting market analysis. You only need to deposit your investment, hold, and withdraw. Everything else will be handled automatically by the platform. Sit back and watch your balance grow. 
• Regulated. The platform is regulated by the Financial Intelligence Unit (FIU) and licensed (No. FVR000557 and FRK000469) to provide services of exchanging virtual currency against Fiat and wallet management. This assures users of the security of their coins. So for those of you having doubts and asking “Is MyCointainer legit and secure?” – Yes, it is.
• Benefits to community members that help grow MyCointainer. You will get 20% of each reward that your referral has under the “Refer a Friend” system. You can also earn crypto cashback with the EarnBack extension for Google Chrome. Shop in your preferred online stores to earn up to 40% cashback in crypto.

Are your funds SAFU?

MyContainer ensures the highest level of security of funds deposited by the users through a KYC/AML compliance structure. Verified users are able to deposit, withdraw and stake any acceptable token on the platform providing a safe environment for users across the globe. MyContainer also ensures the highest level of security for users through its double-checking system on all transactions completed on the platform. 

Digital assets are stored in cold storage wallets to minimize any threats from hackers and coins are only transferred during transactions. In case of any emergency, MyContainer users are protected by the SAFU fund, Secure Asset Fund for Users.

Conclusions

MyCointainer’s mission is to grow a community of crypto enthusiasts to empower members to passively earn a steady income without much hassle or trading risk. Every reward is also subject to compound interest; thus, users are able to earn even more income. MyCointainer is the best choice for crypto traders looking to passively earn income or grow their digital assets without much risk. Sign up today and let your money work for you. Check out MyCointainer apps for iOS and Android to access your digital wallet anywhere. Read more MyCointainer reviews to get more detailed information about how you can make crypto.

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We hope you’re enjoying our market and price analysis of top crypto projects. Our next project in the same series is Utrust ($UTK) trying to disrupt e-commerce, crypto and mobile payments. So, let’s begin.

What is UTRUST (UTK) Uniqueness? Major advantages/features

Utrust UTK was founded by Nuno corrreia, Roberto Machado, and Filipe Castro IN 2017.

The introduction of Utrust (UTK) was to solve the problems around using cryptocurrencies, such as a medium of payment, looking at the high fees and security of payment platforms. The platform guarantees secure transactions for eCommerce buyers, mobile money, and digital currencies and offers a refund option. While it equally protects the seller from high volatility in the crypto market.

UTrust is focused on developing fast and seamless crypto transactions at a lower cost and allowing merchants to access a more significant number of crypto holders.

Its payments platform will be creating a unique feature that combines the blockchain and traditional fiat systems.

2. Future of Utrust (UTK) Token & Utrust Roadmap 2021

• Significant partnerships/collaborations, progress made so far.

Utrust wants to integrate with Key International partners and develop a blockchain native payments ecosystem that bridges the gap between future money and traditional e-commerce.

1. The crypto gateway company has partners who accept crypto for transaction purposes, such as Phone House, Arms&McGregor International Reality, Alternative Airlines, Travala.com, Diamond Cutts, Luis Onofre shoes & accessories, among others.
2. Utrust (UTK) also partnered with Pundi X and uses XPOS technology to boost customer security.
3. Another notable partnership is with The digital payment provider based in Switzerland Payrexx, which partners with Utrust as a crypto payment provider, exposing merchants to crypto payments.

• Utrust 2021 Road map Update

1. Utrust’s tier-2 staking will be launched at an undisclosed date in ’21, alongside activation of the Utrust Burn-Mechanism.
2. Utrust will be enabling crypto payments and crypto settlements for merchants and prospects.
3. The team looks to improve the Utrust exchange mechanism for the HOLD Wallet App and Utrust, providing the best rates to customers and increasing business profitability. The HOLD wallet App’s connection to the entire crypto ecosystem is on the to-do list of the team at Utrust.
4. Utrust intends to carry out regular security audits on the entire infrastructure.
5. As a B2B and B2C payments gateway, Utrust looks to serve merchants whose customers are buyers and more towards cross-border payments in B2B, establishing a better B2b and invoicing solution.
6. Functionality for UTK to other crypto conversions is currently under development in 2021.

3. Competition analysis: Where Does Utrust (UTK) Stand Among Other Market Players.

Utrust develops and provides a cryptocurrency payment platform for its users, but the crypto payment provider is not alone in the race to serve the ever-growing crypto users.

The Utrust project has a list of competitors in the space, including Bitpay, Coinbase Commerce, coinpayments, BitGo, Bitinex, Coinfy, itBit, Lykke, Geocoin, and Blockchain.

However, BitPay and CoinBase Commerce are the main competitors. Here’s a short comparison of Utrust Vs BitPay Vs Coinbase: 

• Below are a couple of points highlighting areas where Utrust could outshine BitPay and Coinbase Commerce.
• Utrust has top-notch and robust customer support, with a 1hr 30min average reply per ticket, an area where the competition struggles.
• With BitPay, payments are similarly processed on-chain as Utrust.
• For crypto to fiat conversions, BitPay matches Utrust by deploying an automated process.
• Meanwhile, Coinbase Commerce stands no chance against Utrust in this regard as their crypto to fiat conversions are done manually at the time of this post.
• Utrust also looks into indirect competitors like Stripe and PayPal as some of their customers will shift to Utrust at some point.
• Utrust has an internal research team that looks into competition analysis, looking into user experience, fees, and other metrics from the competition.

With that being said, we believe that Utrust can overtake and be a couple of steps ahead of Bitpay and the rest if they can achieve the significant milestones for 2021.

4. $UTK Token Price Analysis and Projections

• UTK/USDT Weekly Chart Analysis

Following a higher time frame overview of the UTKUSDT, we observe that the native token of Utrust surged by roughly 285.7%, setting the ATH at 0.74, after starting the bullish trend on 04 January ’21.

However, the UTKUSDT recently trades within an ascending channel formed by opposing bullish and bearish divergence chart structures on 01 March ’21 and 15 March ’21.

The RSI trading above level-30 shows an increase in demand for the UTK compared to the USDT.

• UTK/BTC Weekly chart

The UTKBTC exits a prolonged bullish trend after a regular bullish divergence triggered on 04 January ’21. The RSI trades above the overbought area while the ten and twenty moving averages signal a golden cross.

Although the regular bearish divergence hints that Bitcoin holders may be moving some of their stashes out of the UTK token, we anticipate a resurgence of the uptrend if the UTKBTC trades near the 0.00000793 support zone.

• UTK token Yearly Price predictions

A combination of the UTKUSDT and UTKBTC shows that we should expect the UTK token to surge towards the 3.0USD round-number resistance area this year.

5. Is UTK token a Good Investment in 2021?

You wouldn’t want to miss out on an investment in the Utrust UTK token as it has vast fundamental backing in terms of its use cases, and the technical price chart still shows that there’s more room for growth to the upside.

Referring to our chart analysis overhead, we project the UTK price to set a new all-time high above the 2.7USD mark as the team rolls out new project features.

• UTK token Market Cap projections and demand/supply scenario

The current bearish divergence on the weekly chart analyzed earlier shows sellers taking out some of their gains from an increased supply.

However, the UTKUSDT price now trading near the MA-10 shows that the bulls should come back into the market, leading to a hike in demand for the UTK token, leading to roughly 5X increase in the UTK market cap.

An impending hidden bullish divergence pattern would reinforce the bull’s confidence to resume the uptrend and see the UTK token soaring into Q2 ’21 and beyond.

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Recently, the Bitcoin Standard Hashrate Token aka BTCST token, launched on Binance Smart Chain (BSC) on December 13, 2020 created a lot of buzz among crypto miners. Over the past week, “hashrate tokens”, which collateralize proof of work (PoW) hashpower have come to life as two of the largest mining pools –Binance and Poolin – lead the way. In this article, we focus on Binance Pool’s hashpower token,  

The magnanimous surge in Bitcoin’s price to $41,000 gave rise to a mining craze as the blockchain’s hashrate hit all-time highs on January 18, 2021.  The mining demand has seen new innovations sprout in the crypto space as miners try to increase their profits and keep up with the raging bull market. 

What is BTCST Token?

The Bitcoin Standard Hashrate Token, abbreviated BTCST, is a collateralized token by Bitcoin’s hashrate, each token representing 0.1TH/s of actual Bitcoin mining power to an efficiency of 60 W/TH. Miners contribute mining power on the platform in exchange for newly minted BTCST tokens. 

The BTCST token aims at bringing liquidity to Bitcoin’s mining market, which allows anyone to have exposure to mining rewards and hashpower of any size at a low cost. The app brings liquidity and efficiency to mining power markets in a similar manner that Grayscale’s GBTC share brings liquidity to institutional investors wanting to invest in Bitcoin. 

Additionally, “those without mining power tokenized by BTCST to hedge against the risks of mining machine cost price fluctuations,” a post from Binance reads. 

BTCST token holders can also choose to stake their coins in order to receive daily distributions of Bitcoin mining rewards in proportion to the amount staked. 

Understanding BTCST Token Allocation & Price

Launch & Token Allocation 

BTCST Token launched in December 2020 with an initial token supply of 1,000,000 BTCST tokens. According to a Binance blog post, 4% of the initial circulating supply will be allocated to the Binance Launchpool and the rest will be allocated to the initial tokenizing miner. 

NB: BTCST token can only be issued when eligible miners choose to standardize and tokenize Bitcoin hashrate. Therefore, the project has not and will not host public or private sale events.

The total supply cap of BTCST is determined by the total BTCST tokens staked on the app. As assets under management increase, the 1,000,000 initial supply will increase accordingly but any newly minted token will be subject to a 25-week weekly linear vesting schedule.

BTCST Token Price History

The BTCST token was first traded on the secondary market on Binance exchange – trading against USDT – at a launch price of $74.86. The coin has since dropped to $65.03 as of writing, representing a 13% decrease from launch price. The highest BTCST price recorded is $103.33, as reported by Coingecko. 

As of January 20th, a total of 64,011 BTCST tokens are staked on the platform, a hashrate equivalent of 6,401 TH/s. 

The Crypto Mining battle between Binance and Poolin 

Binance is however not the only mining pool launching its own hashrate token. Poolin, the second largest Bitcoin mining pool, also announced the launch of its own hashcoin, pBTC35A, an ERC20 token anchoring 1TH/s of Poolin hashing power at 35 joules per TH. 

A total of 50,000 pBTC35A tokens were released by Pooling, representing 50,000 TH/s of computing power from the newest ASIC miners in Poolin’s facilities. 

The two coins aim to battle it out in this new trend – adding to the liquidity and efficiency they bring to Bitcoin’s mining business. So far, Poolin’s hashcoin seems to have an edge over Binance’s BTCST Token in that it supports decentralized finance (DeFi) through its recently launched Mars protocol. 

BTCST Price Prediction – How far can BTCST token price rise?

As is common in the cryptocurrency market, the launch price of a token is often different to the efficient market price of the token. Such is the case with BTCST price, which is heavily overvalued at current prices of $65, according to some Bitcoin analysts. 

Expert’s View on BTCST Price

In a tweet sent out on January 13, shortly after BTCST listing on Binance, Wu Blockchain, a Chinese Bitcoin mining analyst, claims BTCST token is highly priced at $73 (price at the time). Currently trading at $65 and each BTCST token anchoring 0.1TH/s, an equivalent price of $650/TH/s is derived of 60W/TH. 

On 13th, Binance Hashcoin BTCST was launched, reaching USD 73 at 19:00 Beijing time. Each BTCST is anchored at 0.1T of 60W/TH, which is equivalent to an astonishing $730/T. The hashrate coin launched by Poolin is about USD100/T, 35W/TH, which means electricity cost is lower. pic.twitter.com/7x3Vlf9JcA

— Wu Blockchain (@WuBlockchain) January 13, 2021

The most expensive Bitcoin mining device, the Antminer S19 PRO from Bitmain currently charges $80/TH/s, showing a huge disparity from BTCST mining. This could lead to the price of BTCST falling to “normal” levels across the year, as miners and users find the optimal price for the token, Wu said. 

“It is expected that BTCST will return to a relatively normal price in the future. The current price is seriously inflated.”

One user however argues that the mining rig cost only affects a small part of the general cost of mining hence the inflated BTCST price. According to the user, BTCST tokens act more like bonds giving holders an opportunity to earn future cash flows from it. 

The rig cost is a small part and really very little to do with it. Both pBTC35A and BTCST function more as Bonds, those bidding up are looking at future cash flows. BTCST is at about 1/10 the hash rate of pBTC35A-. Just FYI.

— Sir Dotler Ethington (@DotGoDdotEth) January 13, 2021

A cross divide between miners and owners of BTCST

The price is definitely a crucial point to focus on when analyzing these hashrate tokens, more so as it affects the overall distribution of the tokens. 

An inherent challenge for hashpower tokens/contracts is getting miners to sell in a bull market, and getting speculators to buy in a bear market.

— Leo (@Leorzhang) January 13, 2021

A spike in BTCST price during bull markets could see miners refuse to sell their tokens, reducing the supply further while in times of a bearish market there would be a barrier for holders to sell. 

Also Read: Bull Run Boosts Hashrate Token Craze, Binance Hashcoin [BTCST] And Poolin Tokens Selling at Inflated Rates

Bringing staking to proof of work

As alluded to, BTCST token brings together the qualities of staking and the proof-of-work consensus mechanism through its platform. Below we discuss how you can earn, buy and stake BTCST token. 

How to buy BTCST?

The BTCST token is currently available on Binance exchange only. The exchange launched three trading pairs namely BTCST/BTC, BTCST/BUSD and BTCST/USDT on January 13. 

How to stake BTCST?

During the Launchpool period, users who staked their Binance Coin (BNB), Bitcoin (BTC) or Binance USD (BUSD) tokens in the pool earned BTCST tokens. Here is the guide on how to start staking.

What does the future hold for BTCST price?

At the moment, BTCST price is still greatly overvalued and we may be headed to an “inventory flash” according to Leo Zhang, Founder of Anicca Research. Mining cycles usually come in four archetypical stages, majorly affected by the price change rate of BTC and hashrate change rate. 

And of course in mining there’s more than bull and bear trends, depending on price change rate vs. hashrate change rate, we can identify four archetypical phases: pic.twitter.com/tdIlHQE5ZL

— Leo (@Leorzhang) January 13, 2021

With the price of the most expensive miner costing $80/T, Colin Wu expects the price of hashpower tokens, specifically BTCST to drop to “normal” ranges in future. 

“It is expected that BTCST will return to a relatively normal price in the future,” Wu said. “The current price is seriously inflated.”

Conclusion

Seeing the growth in mining and price of cryptocurrencies, the two hashpower tokens are set to be followed by a multitude of other projects in future. However, there is a likelihood that the prices will be inflated as the market rushes to get a piece of the hashing power tokens.

FAQs 

1. What is Bitcoin Standard Hashrate Token (BTCST)?

BTCST token is built on Binance Smart Chain collateralized by 0.1 TH/s of real-world Bitcoin mining power.

2. How many BTCST are in circulation?

An initial token supply of 1,000,000 BTCST tokens were launched. The total circulating supply will include mining rewards a top the initial token supply. 

3. Is the BTCST smart contract audited?

Yes. BTCST has passed the scrutiny of CertiK, one of the world’s leading blockchain security firms, scoring a 98 out of 100 in a security audit.

The post Hashrate Tokens: What is Bitcoin Hashrate Standard Token Aka BTCST Token? appeared first on coinpress.

A company that enable users to earn a guaranteed income in the financial and foreign exchange markets hrough dividends paid out using the RJV12 algorithm.

In this article, we discuss the rise of the U.K.-headquartered digital asset investment firm, Trust Capital, and its unique RJV12 algorithm, which predicts markets with approximately 98% correctness. We further dwell on the vast features available on the platform including its investment program, the three levels of the Trust Capital Accounts, and the user referral program.

About Trust Capital

In the summer of 2019, a group of Oxford University students – through research on artificial intelligence (AI) – launched a universal algorithm to predict the cost forecasts of assets, hence showing a clear direction in the price movement. After numerous and intensive tests on it, the students launched the RJV12 algorithm, achieving superlative results of up to 97.6% accuracy. 

Trust Capital is a private limited company registered in the U.K. but carries out its business internationally.  The firm’s office is headquartered in the address, Unit 2 Popin Business Centre, South Way, Wembley, Middlesex, HA9 0HB. The company was founded back in 2000 launching a series of algorithms till the first ‘successful’ algorithm version, RJV11, appeared in 2017, having an accuracy of 80%.

According to the main website, Trust Capital Ltd. investments enable users to earn a guaranteed income through dividends paid out using the RJV12 algorithm, which makes profits in the financial and foreign exchange markets. The system currently uses the algorithm in several areas of interest including financial investments, medicine, bioengineering, engineering, ecology, and natural science as well.

Since its launch, earlier in 2020, the company has already received $13 million in investment funds from over 8,000 users. The company holds 50% of its equity in the investment pools.  

Why Trust Capital Limited?

The “almost accurate” algorithm is the main selling point of the U.K-registered firm, offering vast advantages over other investment firms. However, Trust Capital Ltd. Offers other advantages to its customers including;

• A quick payout system

The company employs the most advanced transaction processing systems that allow customers to receive their payouts instantly. 

• Worldwide patented algorithm

RJV12 is a globally patented and widely recognizable algorithm allowing citizens from different parts of the world to use it. 

• Reliable data security

The company places the security of user’s data and funds as a priority with the servers of the company protected from external attacks with up to date encryption. 

• Progressive percentages

One of the competitive advantages offered by Trust Capital is its additional interest on deposits made according to the users’ time of participation in the fund.

• A wide selection of Investment tariff plans

As explained below in detail, the company’s investment plans offer a wide range of Tariff plans to give users different best offers accordingly. 

• Several payment options

Trust Capital also offers a wide range of deposit and withdrawal options including Perfect Money, Payeer, Skrill, and crypto payment options including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). 

• Minimum deposit fee

The minimum deposit in Trust Capital Ltd. fund is $50 with no fees charged.

Trust Capital Accounts 

As mentioned before, the investment firm offers a statistical and mathematically verified approach to investing providing up to 3% daily interest in total payouts. Trust Capital developed a three-step tariff program to enable every user to earn “guaranteed income”. (Beware, the model used by Trust Capital looks like a Ponzi).

Standard

The standard tariff model costs the user between $50 and $300 to enter the pool. The investor is guaranteed a daily return of 1% on their investment with no refund oF deposit. 

Plus

The second tariff level costs between $301 and $1,000 per annum with a daily return of 2% guaranteed on the investment. Users are not entitled to a refund of deposit.  

Pro

The third and highest tariff level is reserved for seasoned traders and investment specialists with the fee ranging from $1000 up to $50,000 with a guaranteed daily return of 3%. However, this level does not offer a refund of deposit too. 

Additional features

• Referral program 

Trust Capital also offers users the possibility of earning extra active income with their three-step referral plans. The bonuses are paid out in cash to users’ accounts for each attracted investor to the platform. The Level-1 affiliate pays out 7% with the successive affiliate levels offering 3% and 1% respectively. 

• Deposit Insurance

Trust Capital Ltd. also has deposit insurance with all deposits in the company insured with a $1,000,000 fund and a reserve development fund of $800,000. 

• 24-hour customer support

The company employs a set of specialists and technical consultants available to answer the users’ questions round the clock, seven days a week. 

• Demo account

If you are still an amateur in the investment field, Trust Capital offers a demo account to try out the investment strategies that best optimize your funds.

Conclusion

As seen above, the RJV12 algorithm claims to offer the best investment yield using the 97.6% accurate mathematical model. However, coinpress urges users to look deeper into their investments before giving out your hard-earned money. 

Contact Trust Capital Limited

The company website offers the company office address in Wembley, Middlesex. To contact the customer support email: support@trustcapital.ltd and the financial specialists: finance@trustcapital.ltd. The company is also present on YouTube and Telegram.

FAQs

• What minimum amount is suitable for investment?

The Trust Capital sets its minimum deposit and the trading amount at 50 USD. 

• Who can participate in the referral program of the Trust Capital Invest project?

The three-step referral program is available to registered users of Trust Capital Ltd. with a deposit balance on the platform.

• What the maximum deposit limit on Trust Capital?

The company currently does not have a maximum limit of deposits allowing users to make as many deposits as possible. 

• Is Trust Capital a scam?

A new investment platform such as Trust Capital looking to offer such high rates daily should be traded with care. A couple of users have previously raised issues with the platform.

• How well protected the funds and the website of Trust Capital Ltd?

The site is protected by the most up-to-date encryption and data storage methods, all transactions are carried out through a secure corporate server, thus you will be reliably protected from any kind of unauthorized access to your data and / or third-party transactions.

• What is the minimum withdrawal?

Minimal withdrawal for BTC is 0.001, for ETH and LTC is 0.1 and finally, users can withdraw a minimum of $10 USD through their PM/Payeer accounts.

The post Trust Capital: Earn Up To 3% Daily Yield Using The Most Advanced Investment Algorithm! appeared first on coinpress.

A tier-one broker offering over 250 CDFs in five major categories including precious metals, stocks, index funds, cryptocurrencies, and forex

101Investing is the brand name of FXBFI Broker Financial Invest Ltd, an investment firm headquartered in Cyprus. The offers traders a wide spread of CDF instruments on its trading platforms such as stocks, cryptocurrencies, indices, and precious metals. The platform launched this June and is licensed, regulated, and supervised under the Cyprus Financial Supervisory Authority (CySEC).

The field of trade brokerage is facing a number of challenges and 101Investing aims at providing solutions in the market to provide the best of services to its customers. The broker currently competes with similar dynamic brokers such as eToro and Plus500 for supremacy in the trading field.

Over 250 CDF instruments are available on 101Investing’s MetaTrader 4 (MT4) platform on mobile and desktop web applications. The platform also offers four main levels of traders’ accounts i.e. Silver, Gold, Platinum, and Pro Exclusive. The broker also offers a swap-free Sharia account.

Is 101Investing safe?

The first main concern for traders is the safety of funds. As mentioned above, the company is licensed by the CySEC, which complies with the European Financial Harmonisation Law (MiFID), meaning the broker is heavily regulated within the European Union laws – meaning that
it has to comply with strict laws and regulations.

Given the strict legal boundaries, the broker only provides services to users in the European Economic Area, Switzerland, and the United Kingdom only.

Features offered on 101Investing

101Investing is a tier-one broker offering over 250 CDFs in five major categories including precious metals, stocks, index funds, cryptocurrencies, and forex. The platform also offers a user-friendly mobile application that supports all 250+ CDF trading instruments in over 10,000+ markets. The platform comes with in-built technical indicators, trading graphics, alerts, and a social trading platform to exchange ideas with other MetaTrader 4 traders.

The platform offers different leverage ratios for the different instruments and according to the user account type. The highest leverage is offered to the Professional traders at 1:500 on some of the FX pairs while the lowest leverage is offered to cryptocurrencies at 2:1.

In a bid to reduce the liquidation on the platform, the broker offers retail and institutional clients negative balance protection. Additionally, the firm is a member of the Investor Compensation Fund (ICF) which compensates retail traders in case the company fails to meet its obligations.

Deposit and withdrawal options

One of the competitive advantages that 101Investing offers is its low deposit rates of only €100 (~$113) for retail traders. The platform also offers a wide variety of payment and withdrawal options including debit and credit cards (VISA/MasterCard), EU Bank transfers, Skrill, Neteller, Trustly, and any supported crypto wallet.

Spreads

The platform offers above industry average spreads across its CDFs; Silver account types have the highest spreads with Pro and Platinum accounts eligible for the lowest spreads.

CDF spreads start at 0.003 in commodities, 0.21 in stocks, 0.32 in indices, 0.037 in precious metals, 0.7 in forex, and cryptocurrency trades carry a floating charge.

Fees and commission

The broker does not charge a commission on any of the trades. However, the firm dictates the overall spreads on CDFs and places some levies on the accounts such as the swap fee, withdrawal fees for amounts below the minimum deposit fee (€100), and a further $50 if you withdraw funds without making a single trade.

An inactivity fee on accounts that are unused for 60 days and above is also levied. The fee can range from €80 to about €200 for accounts that remain inactive for over half a year. Any account dormant for more than 271 days is charged a €500 fee.

Account Types

As mentioned before, 101Investing offers four main account types as described below;

Silver

• Leverage up to 30:1 for FX retail and professional traders. Max leverage at 200:1.
• A minimum deposit of €100.
• Minimum spreads at 0.07

Gold

• Maximum leverage of up to 400:1 for professional traders.
• Swap fee discount of 25%
• Spreads start from 0.05

Platinum

• Maximum leverage at 400:1 for professional traders
• Spreads start from 0.03
• 50% discount on the swap fees

Pro

• Enjoys instant trade executions
• Over 70% reduction in swap fees
• Personalized account manager
• Negative Balance Protection
• Maximum leverage of 500:1

101Investing also includes a swap-free Sharia account for Islamic customers.

101Investing other capabilities

The range of trading tools on 101Investing form only a fraction of the extensive features the broker offers users. In addition to the zero-commission trading, high leverage, and variable spreads, 101Investing also offers its users a demo account to sharpen their trading skills, a social trading account, and educative material to get newbies through the journey of CDF trading.

Challenges of 101Investing

• Swap rate: Fees on overnight lending services by the broker is a bit higher than the average in the industry but there are discounts offered. The swap fees are understandable given the high regulatory compliance and prime brokerage services provided by 101Investing.
• Customer support: 101Investing currently offers customer support only five days a week (Monday through Friday) from 07.00 hrs. to 17.00 hrs. This is one area that the firm could improve to compete against other prime brokers and get ahead.

Frequently asked questions (FAQs)

1. Is 101Investing available to U.S. traders?

No. At the moment 101Investing is only available in select countries in the E.U., Switzerland, and the United Kingdom.

1. Who are the payment service providers of 101Investing?

FXBFI Broker Financial Invest Ltd payment providers include Inpay, eMerchant Pay, Trustly, KoalaPays, UPayCard, and SafeCharge.

1. How much does the Compensation Fund cover?

Retail traders and their co-beneficiaries are covered up to €20,000 if the broker fails to meet his obligations due to fraud or bankruptcy.

Conclusion

101Investing is a well-established and regulated broker meaning that it has to follow strict rules and procedures. The Cyprus-based firm cons can be easily overlooked (all CDF trading brokers have challenges) given the efficiency, and speed of execution the broker offers.

Further information on 101Investing can be drawn from the company’s address:  www.101investing.com

The post 101Investing: A New Broker With Over 250 CDF Instruments And Up To 500X Leverage! appeared first on coinpress.

Last few days in crypto space were ruled by decentralized finance’s lending protocol, Compound’s COMP token. The COMP Token raced to its all time high price of $353 on June 21st and is still in uptrend. The crypto space started off with just one cryptocurrency, Bitcoin. But, with time hundreds of coins have entered the industry. In this article we will walk you though the ifs and buts of this token.

Road To Fame: KO, Compound Dethrones Maker

Compound has been in the DeFi space for quite some time now.  It was even touted as the largest lending platform in the DeFi space. However, this platform always stood second as Maker is considered the face of DeFi. The total value locked in Maker is so high that it has dominated the DeFi space for a long time now.

Out with the old and in with the new. Compound has taken the DeFi space by storm. Soon after the release of its governance COMP token, Compound seems to be over the moon as the platform practically dethroned Maker.

Compound has existed in the DeFi space since October 2018. However, the platform hadn’t even come close to locking $200 million. Things transpired so quickly that the platform broke its own records as well as others over the last week. The total value locked in Compound was at a low of $90.403 million on 14 June 2020.

In less than 24-hours, the figures kept increasing and continued in the same direction. At the time of writing the total value locked in Compound was a whopping $559.572 million.

Maker on the other hand has previously locked as much as $764 million. However, at the time of writing the credit platform had a total of $478.825 million locked.

The disparity of the total value locked in the top DeFi platforms was so high that Maker had previously dominated more than half of the entire DeFi space. But, at press time, Compound’s dominance was 37.66 percent.

Additionally, Compound overtook Maker in terms of market cap as well. At the time of writing, Compound’s market cap was $3,620,446,079 whereas Maker’s market cap was only $520,244,537. This huge disparity makes it clear that Compound’s dominance will go on for a while.

What Is Compound [COMP] Token?

Compound is a decentralized finance [DeFi] platform that allows its users to earn interest as well as borrow assets against collateral. The platform’s latest release, the COMP token allows its users to participate in its governance process. Recently, this governance token was released for trading. Below is a screenshot to understand it better.

Here is a video by team at boxmining to understand the token better.

Birth Of The COMP Token

Back in February, Compound announced that the platform is all set to roll out the Compound governance token popularly known as the COMP token. Even though the token was announced a few months ago, the team decided to traverse the administration of the lending platform to the token holders from the team. Earlier this month, the ‘Distribution of COMP to Users’ poll received a 100 percent thumbs up from all the token holders.

Just a week ago, the Compound team revealed that COMP, the governance token of the lending platform was available for its users. Soon after the announcement, the COMP-ETH pair received shelter at the decentralized exchange, Uniswap. On the first day itself, the pair recorded liquidity of more than $2 million. At the time of writing, about 2682 transactions registered and the trading volume stood at $4,527,407.

These numbers further incline towards the fact that the token had a prolific start.

COMP Token Blazed The Trail

The release of the COMP token did turn heads. However, the significant rise in its price is what cut the deal for many. The nascency of the token has resulted in almost zero data regarding its price on the first day. However, as per CoinMarketCap, the token was trading at $82.99 USD on 17 June 2020. After this, the price of the token was seen going uphill with very flimsy bumps.

Furthermore, the token did drop to a low of $64.93 on the third day of its existence. But the low didn’t seem to last long as the COMP token soared to a high of $234.46 on 19 June 2020 which was less than 24-hours. At the time of writing, the token was trading at an all-time high of $353.18 with a 71.64 percent increase in its price over the past 24-hours.

Additionally, the market cap of the token was also seen surging as it is currently at $904,598,784 pushing it to the 19th spot on CoinMarketCap’s top cryptocurrencies list.

What caused this significant upward trajectory, you ask?

Did Coinbase Fuel This COMP Token Price Rally?

San Fransisco based Coinbase was one of the first cryptocurrency exchange to announce its support for the comp token. The exchange released a blog post announcing that the token would be launching on Coinbase Pro from 22 June 2020 and trading activities would commence the next day. The exchange laid out a systematic process of on-boarding the newly released token.

On Monday, June 22, our COMP-USD and COMP-BTC order books will enter transfer-only mode, accepting inbound transfers of COMP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/maPTOLdYiW

— Coinbase Pro (@CoinbasePro) June 18, 2020

Coinbase wasn’t the only exchange that showed interest in this latest governance token. Cryptocurrency exchange FTX, which was released just last year went a step ahead and not only listed COMP but also rolled out futures trading for the token. The average price of trading pairs, COMP/ETH, and COMP/USDT on Poloniex, as well as COMP/USD on FTX US followed by COMP/USD on FTX, will be calculated as COMP’s index price on the exchange.

After FTX as well as Coinbase’s announcement, the price of the token increased by almost 80 percent.

Do you think Compound’s COMP token is here to stay or just a nine days’ wonder?

The post Compound Token 101: Meet Compound [COMP], DeFi App Taking Crypto World By Storm appeared first on coinpress.

Bitcoin wallet which allows you to send and receive Bitcoin instantly on the blockchain. All while remaining in complete control of your seed and private keys

The digital cryptocurrencies have seen a lot of growth in a fairly short time. Bitcoin, specifically, is one of those cryptocurrencies that have seen impressive action since its establishment back in 2009. Bitcoin has had a quite volatile trading history, making it one of the most popular and traded cryptocurrency. It is also widely accepted as a mode of payment by many companies that sell their services and products online. 

Today, you can conveniently buy and sell Bitcoins online by creating a wallet with a firm you trust. One such firm is Bitamp– an open-source bitcoin wallet that enables you to securely send and receive bitcoins in your wallet. At a time when cyber theft is staggeringly high, you need to be assured of your safety when carrying out any type of business over the internet. If you are looking for a web-based site where you can send or receive bitcoins from any part of the globe, Bitamp is the ideal option. 

Safeguarding Your Security and Privacy

Having a trustworthy and reliable platform that allows people to securely and conveniently manage their cryptocurrencies is immensely important. Bitamp aims to be exactly that and much more. If you are reading about Bitamp for the first time, you are probably wondering what it is. Well, it is an open source and easy to use bitcoin wallet that enables users to store as well as carry out cryptocurrency transactions in a secure manner using any device.

Available as a web-based wallet, this client-side wallet ensures you are in complete control of your funds, privacy and private keys. Being an open-source wallet, you can easily verify the claims that Bitamp makes regarding your security and privacy. What’s even better is that Bitamp is free, with its developments funded by donations. The product operates under a Massachusetts Institute of Technology (MIT) license.

Considering the steady rise of consumer internet, many people may have fears that their information may be compromised when interacting with different consumer apps. The likelihood is, you are no exception. With Bitamp, such worries are eliminated since as stated, you have full control of your bitcoin. All operations are done locally in your browser using JavaScript. On top of this, your private keys and seeds will never be shared, stored or even saved. This, no doubt, assures you of your security and privacy.

Anonymous and Instant

You probably can’t recall the number of times you wished you could carry out online transactions as an anonymous user. If you are among those people who appreciate anonymity, Bitamp is for you! Since the bitcoin wallet does not require your information during registration or when sending or receiving bitcoins, you are able to maintain anonymity. Besides this, your keys, IP address, and browser details are never stored at any given time, making it possible to transact as an anonymous user.

The process of sending or receiving bitcoins with Bitamp is instant. Hence, even when you urgently need to pay for a service or a product using bitcoin, you can conveniently do so from your browser. How about being able to send or receive bitcoin from any part of the world any time, any day? This is exactly what Bitamp delivers in that you can send or receive the cryptocurrency globally without restrictions.

Creating a Bitamp Account

The process is easy and will take you less than 10 seconds to create a wallet. You have to first ensure you are on their official website. On the upper right, you will see a tab written ‘Create Account.’ Click it. A 12-word seed will be generated and to proceed to log in, you have to retype or copy this seed on the blank space written ‘seed confirmation’ to access your account. Ensure you save this seed somewhere as you will need every time you want to log into your account. 

Since the wallet does not store your login details, there is no way you can recover the seed in case you can’t remember it. To ensure you don’t lose it, paste it in a folder you trust. While this may sound like much work, it is the only way that Bitamp can ensure you have full control of your wallet. Bitamp also allows you to run multiple accounts on their platform as well as access the site through a VPN orTOR. Most importantly, you can load your seeds from other wallets including Ledger, Electrum, Trezor, Exodus, Mycelium and so forth. To create an account, click here.

More Than a Bitcoin Wallet

Apart from the wallet interface, Bitamp comes with basic primers on different topics. Users can find a lot of useful information about bitcoin on this website. For instance, if you would like to familiarise yourself on topics such as hardware wallets, block explorers, buy bitcoin and spend bitcoin, you can conveniently do so by clicking each topic under the resources heading at the bottom of the home page or simply click on the links given above.

You will be redirected to a page with comprehensive information. Probably, one of the most exciting resources here is about bitcoin mining. It is a field that has piqued many people’s interest. If you are among those interested in mining this valuable cryptocurrency or just need to learn how it is done, click the ‘Bitcoin Mining’ topic. Everything you need to know is explained in detail.

Full Control of Your Wallet

Even though mobile wallets are many, users may sometimes miss the simplicity of a web-based wallet which provides anonymity and safety on the go. Bitamp is one such web-based bitcoin wallets launched to respond to this need. The experts behind the creation of this wallet have done an excellent job in delivering a product that is easy to use, even to beginners. With Bitamp you have full control of their private keys and you are never required to provide your personal details during registration. 

With this, you never have to worry about losing your data to third parties who can compromise it. Bitamp also allows you to send or receive bitcoins from any part of the world without installing a mobile application. And, you get to do it on your preferred device. If you are looking for a wallet where you can self-custody your bitcoin in a secure and private manner, Bitamp is the way to go. 

The post Bitamp – The Future of Open Source Wallet appeared first on coinpress.

One of the most user-friendly, cost-efficient, and most obscure mixer services in the market today..

As far as Bitcoin mixers go, BitcoinMixer.org offers one of the most user-friendly, cost-efficient, and most obscure services in the market today.

Bitcoin, the world’s oldest cryptocurrency, promises a quick way of transferring value from one wallet to another around the globe – pseudonymously.

I know most of you may be wondering why “pseudonymous and not anonymous” -as you may have heard before. Well, Bitcoin is not as anonymous as once touted across the community. In the past, well-worked research on Bitcoin transactions on specific wallets has revealed links between the transactions on a specific wallet and the wallet traced back to the owner – effectively showing a kind of loophole in BTC’s anonymity promise.

While this is good for the transparency on the blockchain, private users prefer having their transactions anonymous.

Bitcoin’s “Pseudonymous” Challenges Explained, Boon Or Threat?

Bitcoin’s public blockchain allows anyone to follow through the transactions on a specific wallet getting every detail on the transactions as explained before. While the public nature ensures accountability on the chain, it fails to provide the total anonymity promised in the whitepaper. Many of the users escape from the fiat and banking systems to Bitcoin in search of privacy on the network, aiming to keep their purchases and wallet activity away from the eye of hackers and the government authorities as well.

This weakness in Bitcoin has seen early adopters in search of extreme privacy switch to more private cryptocurrencies such as Monero (XMR), Dash (DASH), and Zcash (ZEC).

However, Bitcoin’s liquidity and overall dominance in the markets make it more appealing to users forcing them to use the currency despite its anonymity weaknesses. Such users can now easily transact their BTC coins privately and anonymously for a small fee on Bitcoin Mixers, which obscure the users’ BTC making them “clean and anonymous”.

Bitcoinmixer.org-  Send/Receive Bitcoin’s Anonymously

As seen above, the connection to your Bitcoin wallet can easily reveal the true identity behind a transaction but Bitcoin mixing ensures the obscurity of the transactions. How exactly?

Let’s say you have some bitcoins in a KYC compliant exchange hence your details are linked to the account. An analysis on your wallet address will reveal your information. Given your affinity to the coin, you decide to “clean” the coins through a mixer – adding a layer of anonymity.

Once sent to the mixer, the coins will be mixed with thousands of other transactions, dissolving your transaction into one big pool. Once mixed, the pool sends back the full amount of BTC (minus a small fee) to your preferred (now unlinked) wallet.

“We take coins from all our clients, mix them up, and send completely new coins to the wallet of your choice.” – Bitcoinmixer.org website

However compared to other mixers, Bitcoinmixer.org offers users multiple choices on which pool you would like to send your BTC coins to. Remember the tough analysis done on the blockchain to reveal true identities? If that analysis is done, all that will be seen is your transaction to an address and many different transactions sent out from that address. Your transaction and BTC are now obscured giving you the much-needed privacy in your financial records.

NB: Remember, holding your coins in a centralized wallet address reduces your chances to keep your transactions anonymous.

Why Bitcoinmixer.org?

• Large/ Multiple pools to select from: One of the most important aspects of a Bitcoin mixer, is the availability of multiple transactions coming in and out of the pool to highly obscure the transactions. Bitcoinmixer.org offers users five addresses to send out their BTC to.
• Delay feature: The mixer also allows users to either immediately send the transaction (using the “Rapid” button) or set a delay from a couple of minutes to hours before the transaction is completed. The delay feature between the deposit time and the withdrawal also increases the anonymity of the transaction.
• Enhanced privacy websites: For users who would like to further make their transactions even more secure, Bitcoinmixer.org offers a Tor browser website. You can find it here>> btcmixnqyq7kljrr.onion.
• No logs policy: Worrying that the FBI or other governmental authorities may come knocking down Bitcoinmixer.org’s doors asking for the records? Well, the company employs a no-logs policy which automatically deletes every transaction log in the past week. Want it faster? The platform also offers a manual delete function immediately after completing the transaction.
• Superior user functionality: The platform also offers a user-friendly platform for anyone to easily mix their Bitcoins fast and securely.

Simple Steps To Use The Mixer

1. Go to Bitcoinmixer.org homepage, start a New Mix

1. On the resulting page, enter the receiving wallet address (where you would like the BTC to be sent to).
2. On the drop-down menu on the right of the “address” box, select whether you would like a “Rapid” or “Delayed” transaction.

NB: The Delay function offers higher anonymity on the transaction. You can set any delayed period from 1 hour to 12 hours.

4. Enter the Captcha Code and press Continue.
5. On the next page, copy your mix ID. This is VERY important. You should copy your mix ID before sending any BTC to Bitcoinmixer.
6. Send the BTC you want to mix to the deposit address. (Remember, wrong input of wallet addresses and invalid addresses cannot be reversed, check your wallet addresses twice before sending.)
7. You have successfully mixed your BTC.

If you send a rapid transaction, the BTC will be sent to the selected address in a couple of minutes. For delayed transactions, check for your BTC in the input wallet address after the time set elapses.

Frequently asked questions(FAQs)

·         What is the Mix ID for?

Use your mix ID to check the status of your mix or to restore your mix if your browser crashes after you send your deposit. Always save your mix ID until your mix is complete and you have received your new bitcoins.

·         What is the minimum amount of BTC I can mix?

The smallest amount of BTC Bitcoinmixer.org currently allows in the mixer is 0.0002 BTC. Any amount smaller than this is treated as a donation.

·         The mixing fees?

Bitcoinmixer.org charges a service fee of 0.25% plus a transaction fee for each transaction and an extra 0.000001 BTC per payment address.

Conclusion

Bitcoin was created to offer people control over their own money, keeping the imbalanced practices by financial authorities, governments, and corporations in check. Moreover, the right to financial privacy is another big promise by the blockchain, and Bitcoin mixers are pushing to make this a reality.

As we conclude, questions on whether mixing BTC on Bitcoinmixer.org illegal have arisen in the past. The short answer to this question is no. But if you mix illegally sourced BTC, or plan to use the mixed BTC for illegal purposes, then you will be breaking the law.

The post Crypto Review: Transfer Bitcoin’s “Anonymously” On Blockchain Using BitcoinMixer.org appeared first on coinpress.

Cryptocurrency debit cards are gaining momentum in 2020.  These cards are a useful bridge between the crypto universe and traditional finance world as they work on VISA or Mastercard.  Many crypto debit card options exist, enabling holders to swap Bitcoin, Ethereum, or other crypto assets for spendable fiat currency on the fly.  With so many options it can be overwhelming to know which one, but one card is emerging as a clear winner. 

BlockCard is made by Ternio, a US based fintech company.  Ternio, started in 2018, has created a feature rich card that rivals some of the long standing card options.  It supports 13 cryptocurrencies and comes in a virtual and plastic card options.   Consensus from other crypto card websites, consumer review sites, and users on social media platforms has been positive.

We got to interview the @terniotoken CEO @danielgouldman1 at their HQ during the @TourDeCrypto with one of their first few #Blockcard transactions…

Coffee ?

Also got to meet the COO of $TERN later on @IamIanKane during the tour!!! Great guys, awesome project & team ?? https://t.co/U6hH6J3JTp pic.twitter.com/rDZIVyv8oa

— Jason Ƀerlin (@mrjberlin) May 15, 2020

BlockCard Features We Like:

• • Users get two cards (plastic and virtual) with two unique card numbers
  • 13 cryptocurrencies are supported, including some unique ones like XLM and BAT
  • Apple + Samsung + Google Pay supported for watch or phone
  • Deposit crypto on the card or take your card to Walmart or 7-11 and add cash instantly to cryptocurrency. 
  • Signup and KYC approval is nearly instant, which is a good onboarding experience.
  • Clean UI and easy to navigate which works well on desktop and mobile devices
  • 6.38% Crypto Rewards that are unlimited

Crypto Back Rewards on BlockCard

The 6.38% crypto rewards feature on it’s own makes BlockCard the only crypto debit card you should be using.  This is higher than any other card on the market and it’s unlimited.  A BlockCard user could spend $50,000 and earn $3,190 back in crypto.   The BlockCard website says:

“Using BlockCard is a rewarding experience, literally. The more you spend, the more you get back. BlockCard offers one of the most competitive rates in the industry thanks to the TERN staking program.”

You have to stake TERN in order to get the rewards.  TERN is Ternio’s cryptocurrency that is used on BlockCard.  Depending on the amount TERN you stake, you can qualify for 1% to 6% back in rewards.   The other 0.38% comes from spending TERN on BlockCard, where your rewards are compounded.  

TERN is currently trading on exchanges for approximately $0.01, which makes staking TERN relatively cheap based on the rewards you get.  However, the cost to earn the rewards will become increasingly expensive as the value of TERN increases.

TERN Crypto Economics

According to CoinGecko – “TERN has a circulating supply of 430 Million coins and a max supply of 1 Billion coins. BitMart is the current most active market trading it. In order to explore addresses and transactions, you may use block explorers such as stellar.expert.”  TERN is a Stellar based asset.    The overall market cap of TERN is small at $3,000,000, but the circulating supply of TERN is relatively small as well with only 1 Billion available.  

According to the BlockCard website.  “Every BlockCard Visa Card uses TERN as the default spendable asset. All non-TERN deposits such as Bitcoin are converted to TERN when deposited in the BlockCard Visa Card dashboard. The value of TERN is tied to usage of the BlockCard Visa Card ecosystem. As users deposit on BlockCard Visa Card, the value of TERN increases. As people spend, the value decreases. We have worked hard to build utility of TERN into the functionality of BlockCard Visa Card.”

The use case of TERN is strong, so it will be interesting to see what the future market cap could be assuming the circulating supply remains similar.

What BlockCard Needs

Overall, BlockCard is a great card and one every crypto holder should be using, but it does need a few things to conquer the market. 

• BlockCard is limited to only United States residents.  The website said European customers could apply for the card soon, but there are many countries outside of that which still need to be worked on.
• A mobile application would be nice.  While the mobile website worked ok, most major card apps offer a mobile app for Android and iOS.
• Users value stays in TERN on the card and that price can change drastically with the cryptocurrency market.   A USDT or USD pegged coin would be a good option for users that don’t want to see price volatility. 

Conclusion

Overall, BlockCard is the top crypto debit card of the year.  It is feature-rich and offers consumers a lot of functionality (if they can get it).  While it is limited to just the US and EU residents (soon), offering it to a broader range of customers globally can help with the overall value of their TERN token.  If you do plan to use BlockCard then staking TERN is a must, especially at its current price level.  If Ternio can continue its pace of building new features and availability of BlockCard, then it has a high probability of becoming a leading cryptocurrency in the future.

The post One of the Top Crypto Debit Card of 2020: BlockCard appeared first on coinpress.

Day trading on the crypto market isn’t for everyone, putting hours of work in front of the screen, analyzing and watching bars movements and trying to make any buying or selling decisions can be very frustrated and even bring to unsuccessful results, that’s why we can see an increasing number of signal providers on various platforms such as Telegram, Discard, Reddit and more.

After searching and trying many of these services we found the one that got our attention the most – Whaletank.

Reviewing their website reveals a professionally designed and secured platform. Integrated with the Telegram, users can easily register with their smartphones in a matter of seconds and start enjoying all their services which include, short term signals, portfolio holdings, information about coins, realtime news and their most recent one, automatic call-to-action API, which in simple words, makes them a hedge fund.

In this review, we’ll examine some of their unique features and try to understand the underlying technology. By simply sign-in to the account, a menu will appear on the left side revealing all the current features:

Auto-trading:

A fully automated solution for Binance signals. With their new Auto-trading service, premium members are able to put all their Binance signals on an Automated execution in few simple steps. The service is operating for the last couple of months and the results can be reviewed in their live results Google sheet.

Whalefolio:

A long term holding service, gives you a simple way to enter the amount you desire to invest and will calculate automatically the amount for each instrument that should be included in the holding portfolio. A simple-to-use dashboard divided to 3 parts showing you the entry point for the amount, holdings view by each instrument and the orders for execution, all the back of the system is connected to exchanges and provides the data in real-time.

Dashboard

will summarize all the current info regarding your holdings, divided between daily signals and the longterm holdings.

Portfolionews

This section goes along with the Whalefolio feature, gives you the news related only to the instruments in it.

Signals

This section summarizes and shows all the signals, we can see the similarity between them and the long-term signals in the Whalefolio that made simply for the quick adaption.

Whalenews

This feature was designed to collect data from over 100 sources, among them are the largest financial media’s such as Forbes, WSJ, Bloomberg, The Telegraph etc. It also follows regulators entities such as SEC, IMF, FCA. And important characters such as Donald trump, Warren Buffet, Bill gates, and many more financial influences. Even banks and their CEO’s. Nothing important will slip away from you as long as you follow this amazing feature in real-time.

Wikicoin
The coins Wikipedia, in this section you will find the information about every coin. The list gets updated every week with new coins.

By examining the Whaletank community and platform reveals a very professional service, even when the crypto market showing unstable ups and downs they keep providing accurate signals while avoiding risky actions and therefore, providing their costumers security and trust.

Whaletank ROI Google Sheet http://bit.ly/whaletanksignals

Whaletank Website: http://www.whaletank.trade

What makes this channel unique:

1. The Offering:
Gold – (0.05 BTC) – two-month subscription Platinum – (0.01 BTC) – six-month subscription Diamond – (0.2 BTC) – 24-month subscription
2. The signals: Margin signals – On Bybit
Regular signals – are conformance with the most exchanges (we prefer Binance).
3. The extras and Special features: 1. Whaletank developed a special risk calculators for managing the risk (for Margin trading and regular)
2. From educational point of view, Whaletank provide market updates and graphs with description for almost each decision they make.
4. Support:
Reachable very fast and easy via telegram, also using their platform, support is available on any page at the upper right corner.
5. The results: Whaletank publishing all their results on the google drive. link: https://docs.google.com/spreadsheets/d/1v1j51bispZzZhv8ST62QU3in9xhsEE1YPZLI6eWKOQ/edit?us p=drivesdk
6.Whaletank is a unique and professional eco-system Which combines a human analysis and extensive range of real-time technological tools, therefor Whaletank can keep their performance at the top with the rapid changes on the crypto market. In addition, their results and transparency help them to scale very fast and developed a very strong community.

The post Crypto Review: Start Crypto Trading Today In Minutes As A Beginner Using WhaleTank’s State Of The Art Platform appeared first on coinpress.

A totally anonymous, clear, low-fee, and convenient platform for users to ‘privately send their Bitcoins’.In this project review we focus on Bitcoin mixer (tumbler), Anonymix, which offers a totally anonymous, clear, low-fee, and convenient platform for users to ‘privately send their Bitcoins’.

At its launch, Bitcoin was touted as an anonymity focused platform but over the years users of BTC are coming to realize the top crypto is not as anonymous as they thought. Yes, Bitcoin’s trustworthiness is unmatched in the cryptocurrency field but the platform lacks facelessness in that a closer analysis at the blockchain can reveal relationships across wallets. This has seen the term “pseudonymous” being used to correctly describe BTC.

Crypto-centric users are inclined to privacy which has forced some of them to move to other cryptocurrencies that ensure total obscurities such as Monero, Dash, and ZCash. Others select Bitcoin mixers or tumblers to obscure the origin wallet of the BTC by mixing together several transactions in one pool before sending them out to specific wallets.

Challenges facing the adoption of Bitcoin mixers

However, the current crop of mixers faces a number of challenges including:

• High fees for the mixing service.
• High minimum and low maximum limits on the funding amount.
• Traceability of BTC from the mixers.
• Constant attacks from authorities.
• Scams popping out of the industry.

A solution to most of these problems lies in an upcoming Bitcoin mixer, Anonymity, a registration free BTC tumbler on the

What is Anonymix?

Anonymix is a top-level Bitcoin mixer offering high levels of privacy, low fees, and anonymity to its customers.

How to use

Anonymix provides a clear, user-friendly, and fast platform for novices and experts alike to use without trouble. Bitcoin mixing is not as techy as it sounds and with the Anonymix platform, any Bitcoin holder can quickly, anonymously, and safely blend their BTC into clean untraceable coins.

Here is a quick guide on how to get the most out of the Anonymix Bitcoin mixer.

1. Launch the official Anonymix website on your browser or Tor browser.
2. Enter the wallet address you would like your coins to be sent to.
3. Select the time period you would like the mixing process to start. “Quick” mix allows immediate blending and release of the Bitcoin after one confirmation. However, while the “Delay” function creates a gap between when a user sends in his/her deposits, and when he/she receives the output. A user can choose up to 24 hours for the delay.
4. Select the funding percentages for each address.
5. Enter the Captcha code.
6. Deposit the BTC
7. Press enter and wait for the confirmation.
8. Receive the clean BTC coins.

Features of Anonymix Bitcoin mixer

The main question raised by users of Bitcoin mixers mainly ranges around anonymity and that’s an area that Anonymix beats its competitors in. There are several factors that reduce the anonymity of a mixer such as registration requirements, reserving logs of transactions, and open clear net platforms that increase the probability of transactions being traced back to a specific wallet through IP addresses.

Anonymity solves each of these issues providing a no logs policy, manual time lag mixing, and a Tor website to ensuring the anonymity of the user. Below are some of the distinctive features that Anonymix offers.

·         Manual fund mixing selection

In what most mixers today miss, Anonymix offers. The platform allows users to manually select the fund they would like to send their coins to. Furthermore, you can specify the percentage of funds you would like to send to each fund.

·         No logs

A common case across Bitcoin mixers is the logs policy that allows the platforms to keep records of customers’ transactions long after the blending is complete. This reduces the level of anonymity as the mixers may reveal information that may be traced back to you.

Due to this, Anonymix maintains strict “No registration” and “No Logs” policies to protect its users’ privacy. The platform retains mixed data on their servers for a maximum of a week then deletes the history permanently. Users can also delete their personal mixing history manually immediately after the transaction is complete.

·         Withdrawals to over 10 addresses

One of the easiest ways to cleanse or blend your BTC is by sending smaller portions of the funds to different addresses making it harder for anyone to track the destination of the funds or link it to you. Anonymix provides up to 10 addresses for users to withdraw their funds ensuring anonymity is maintained.

·         Competitive funding rates

The minimum and maximum funding amounts for every mixer vary dictating how much a user can actually blend. Anonymix allows minimum deposits of 0.002 BTC (~18 USD) and up to 100 BTC (~900,000 USD) per day catering for the small scale retailers as well as the Bitcoin whales with privacy needs. The maximum rate changes in accordance with the platform’s BTC reserves at any given time.

Notwithstanding, the platform also allows users total control over the allocation of their funds to different addresses. As mentioned before, the random picking of addresses by several mixers caused a

How much are the fees?

Anonymix is one of the cheapest Bitcoin mixers in the industry today. Fees are an essential part of the mixing BTC properties keeping the mixer in business, obviously. They are also important in increasing the anonymity of the BTC transaction due to the amount deposited in the mixer slightly changing once withdrawn adding an extra layer of protection.

Anonymix currently charges a fixed rate of 0.3% per transaction on the platform. To send the mixed BTC to multiple output addresses as mentioned above, an extra rate of 0.0001BTC is charged per address.

Extras:

·         The Anonymix raffle ticket

Every transaction completed on Anonymix automatically enters you into their raffle ticket program. The BTC mixer also provides a raffle winning ticket for every 100^th mixer wining a percentage of their transaction. This ensures more addresses are used on the platform increasing the obscurity and also switches the amounts of the winning ticket adding an extra layer of anonymity.

·         The Tor browser mixer/ Clearnet mixer

Users who wish to take their BTC off the clearnet for more privacy can use the Tor browser-based website. This provides an extra layer of anonymity as search engines, browsers, and ISPs can easily be traced back. You can access the Tor website here: http://anonymixtnq67qer.onion and the mirror site at https://anonymix.net/.

·         The certificate of origin

The platform offers a certificate of origin for every mix confirming the coins you received came from Anonymix.

Conclusion

As we conclude the project review of Anonymix, the most persistent question that users ask – “Is using Anonymix bitcoin mixer illegal?” Well the direct answer to this is no, using Anonymix is perfectly legal. However, if your tokens are from an illegal source then you can have a run-in with authorities.

We recommend you only use the coin mixer for legal and privacy purposes only.

You can learn more from http://anonymixtnq67qer.onion  or  https://anonymix.net/.

The post Anonymix Review: Secure, Anonymous And Convenient Bitcoin Mixer appeared first on coinpress.