Category Archive : Crypto News

Altcoins

5 Altcoins That Could Earn in the Future

Expert analysts frequently mention some cryptocurrencies in their comments that they think may gain value in the future. In this article, we will present information about 5 important cryptocurrencies that have also entered the lists of analysts and can earn in the future.

Dogecoin(DOGE)

Dogecoin was listed on Coinbase Pro in June 2021. Now Premium traders can trade with it. With the reflection of this in the news, Dogecoin accelerated its price increase. Analysts stated that its future has been solidified with its entry into a global stock market with such a large trading volume

On the other hand, it is known that Elon Musk and DOGE developers will also work on a joint project that will increase Dogecoin’s transaction speed. Depending on all these developments, Dogecoin has entered among the cryptocurrencies that can add value in the future.

SHIB Coin

Analysts announced that SHIB Coin is the strongest meme cryptocurrency after Dogecoin. In addition, the project has a very large audience and the audience’s aim is to gain wealth. Analysts explain that the community can take advantage of all kinds of sources for the price increase and that SHIB Coin can increase. The cheapest priced coin listed on the Binance exchange is the SHIB coin. Therefore, SHIB may be the favorite of investors looking for cheap tokens in future bull trains.

Bitcoin (BTC)

Analysts state that BTC Coin can add value in the future despite all the negativities. Because the volume of transactions is so large and its effects are so high that they no longer think it can be a factor to bring it down. Analysts stated that although BTC hit the bottom, it was able to correct the price right after. On the other hand, they state that the only cryptocurrency strong enough to scare real currencies is BTC. That’s why they state that the name BTC is constantly mentioned in the regulation ideas of governments. According to analysts, BTC may still remain the leading crypto between 2021 and 2025.

Cardano (ADA) Coin

There were quite striking and positive developments for Cardano Coin in 2021. Its speed, the price increase was eye-catching. That’s why it started to be compared to ETH. In June 2021, Hoskinson made a statement and stated that they will add innovations to the Cardano network. It has been announced that the network will be renewed within the scope of a wider ecosystem, smart contracts, Pos consensus, low transaction fees, and second-to-second speed targets. Therefore, it is thought that ADA Coin can offer huge profits after updates.

Ethereum (ETH)

Analysts think that ETH may gain in value in the future. In May 2021, the waters began to settle in ETH, which was criticized for the increase in costs and low transaction speed. Because the former partner Hoskinson and Buterin met in the first week of June 2021.

Between the two, the ice melted. After the discussions ended, Buterin calmed the atmosphere by explaining that they would switch to Pos, but that the process would belong. Analysts stated that after these positive developments, ETH may go up in price and offer profits in the future.

Result

When we look at cryptocurrencies that can offer profit in the future, we see that they all come to the fore with positive news. On the other hand, these assets are cryptocurrencies that analysts expect to gain in value in 2021 and 2022. These cryptocurrencies can be followed closely and evaluated for investment. Of course, it is useful for users who will invest, to follow the bottom prices first. There will definitely be buying opportunities in the crypto money markets, which follow a constantly fluctuating course.

Crypto Crash

Crypto Crash: Why Cryptocurrencies Crash Every day?

The Crypto industry is a fast-growing business that has made people believe in Blockchain technology, Decentralized Finance, and Financial freedom like never before. Every day people are investing in various cryptocurrencies, conducting crypto trade, and following crypto news to stay up-to-date about crypto marketplaces. Crypto arbitrage is also there and crypto fans are keeping a sharp eye on every news from the crypto industry to avail the chance of high-paying arbitrage.

The fact that blessings do not last forever can not be neglected. Similarly, in the case of the crypto industry, there are many pitfalls. One of them has been adversely affecting the crypto world for the past few days. This unfortunate mishap is called a “Crypto crash”. Within the same time frame, the crypto crash today has affected the price value of Bitcoin and Ethereum by 30%. Dogecoin has suffered a loss of 40%.

Background Knowledge

Elin Musk suggested that Bitcoin won’t be used as a currency to pay for electric carmakers. This decision was not easy to digest, for crypto lords.

The real bone-breaking experience in the history of the crypto industry was when China pulled its hands from cryptocurrency announcing that digital currencies can not replace real tangible currencies and they must not be given equal importance. Immediately after China released this statement on media channels as a piece of burning news, a crypto crash occurred. Within 24 hours, almost 30% of the price of each top-rated cryptocurrency had declined.

Crypto Crash Today: Why?

Different reasons are suggested on various digital media channels. Just like the Chief Executive Officer of Tesla company claimed that these crashes have happened due to environmental problems. To save the atmosphere from the harmful effects of smoke resulting from Crypto mining could have left a bad impact on the environment. This is the reason why a crypto crash occurred.

The decision of the Chinese Government to negate the use of digital currency as original currency has also led to this disaster. China has banned digital finance since 2019 to avoid cases of money laundering out of the country. To address why the crypto crash happened, let us tell you two important things.

First of all, this is not the first time that cryptocurrency has fallen prey to crypto cash. It has occurred before too in 2018 and 2019 and the price value of Bitcoin becomes stabilized after some period.

Crypto Crash, Bitcoin Mining, and Pollution

At first, it may look awkward to someone but it is a universal truth. Bitcoin mining releases tons of atmosphere polluting carbon and harmful gases in the atmosphere. As a result, the environment becomes polluted and feels polluted causing a bad impact on our health. To help balance this pollution, it is mandatory to limit Bitcoin mining.

The immediate impact of the crypto crash

This crash has resulted in heated discussions among crypto buyers, sellers, traders, marketers, and investors. People who had just started their career in the crypto industry are badly discouraged by these unfortunate crypto crashes. Encountering such a disheartening situation, many people have lost their belief in the crypto industry anymore. On the other hand, a significant population of individuals is planning to invest in cryptocurrency.

Should I buy Cryptocurrency after the Crash crash today?

Yes! You can buy any of your favorite cryptocurrencies even after the crash. The crash thing is all temporary. Sooner or later, the prices of cryptocurrencies will be recovered. That’s why it is a golden chance to invest in digital currencies after the crypto crash today only if you have the basic knowledge of earning through cryptocurrency. Investors who have a high crypto balance are suggested to hold it for as long as required. The price of some cryptocurrencies will be recovered soon while for many currencies this price will take time to get back to its initial value. Therefore, the users are asked to hold their digital assets carefully until they receive the optimum value for them.

How much time will crypto crash last?

The Crypto crash is supposed to be temporary and soon the crypto industry will be restored to its original condition. It is not the first time that crypto cash has shaken the crypto industry. Rather, this has happened several times. This crypto crash has hit many cryptocurrencies including BTC, Ethereum, Litecoin, etc. The only coin that can withstand this harsh crypto crash is Coinbase.

Final Thoughts

Investing in the crypto industry has always been quite risky. Apart from the sky-high prices that many people can not afford to pay, the chances of money loss are always there. Therefore, one who is willing to invest in crypto marketplaces must grab their favorite cryptocurrencies right now because today they are available at cheap prices due to the crypto crash. You can go for Bitcoins, Dogecoins, and Ethereum.

Read more: How Crypto Signals make you a better Trader?

Captivating Cryptocurrency Exchange Script

Make a Big Bang entry into the Trading Era with a Captivating Cryptocurrency Exchange Script

The future of the global financial system undoubtedly lies in the hands of cryptocurrencies. The virtual currency revolution started with Bitcoin in January 2009. Now, there are 9730 different cryptos in the world with a $2.50 trillion market cap according to data provided by CoinMarketCap.

The top 5 cryptocurrencies with the largest trading volume are Bitcoin (BTC), Ethereum (Ether), Binance Coin (BNB), Dogecoin (DOGE), and Cardano (ADA). The impressive growth in the crypto world has offered more returns for investors than other traditional financial assets like bonds, debentures, equity shares, mutual funds, and stocks.

Behind the record-breaking trading of cryptocurrencies lies world-class Cryptocurrency exchanges that match the requests of buyers and sellers and process transactions quickly. The leading Crypto trading platforms in the industry in terms of liquidity and trading volume are Binance, Coinbase, Huobi, Kraken, and KuCoin.  There are 377 crypto exchanges in the world.

Entrepreneurs need to have adequate knowledge of the changing market conditions and possess the right tech stack to establish a top-notch Cryptocurrency Exchange. An affordable and viable alternative than developing from scratch would be to reach out to a competent app development company for building the feature-rich and tailor-made Cryptocurrency exchange software.

The white-label Cryptocurrency exchange script includes modern Android and iOS apps for seamless trading of assets, a web panel to process buy and sell orders, and an advanced admin dashboard to control the day-to-day business activities.

What is the detailed process to follow for building a Bitcoin Exchange PHP Script?

The business requirements and operational scope of the entrepreneur are understood thoroughly. Detailed research is conducted about the current cryptocurrency market. Concrete efforts are made to set up the Cryptocurrency exchange software in a highly investor-friendly location that has flexible guidelines and regulations.

The needed team members like blockchain developers, cryptocurrency creators, finance managers, marketing specialists, smart contract developers, QA analysts, and technical support staff are hired. An advanced set of frameworks, technologies, and tools are assembled for the various stages of development.

All the needed features such as order processing, payment execution, and customer support are added to the front-end of the Cryptocurrency exchange script. The back-end of the ready-made crypto trading solution is made strong enough to handle a huge volume of trades and transactions.

The trained QA testers remove all technical bugs and operational glitches from the final version of the Bitcoin exchange PHP script. The Cryptocurrency exchange software is officially launched in the market at the right time. It starts receiving millions of orders from interested traders.

Additional post-deployment services like maintenance, issuing software upgrades, and technical support are provided.

Read more: Why Cryptocurrency Trading is better than Other Trading Instruments

Various factors to consider while creating a Cryptocurrency Exchange Script

KYC/AML verification of the investors

Know Your Customer (KYC) verification is mandatory and all the important details of investors have to be collected by the entrepreneur before permitting them to trade their digital assets. Anti-Money Laundering (AML) checks must also be conducted to prevent frauds and misuse of funds.

Vital information like bank account details, email address, ID proof, name, and phone number must be collected from each crypto investor beforehand. This ensures a high level of transparency and more trust.

Liquidity

Liquidity is the backbone of every Cryptocurrency exchange software. It refers to the pace at which crypto assets are converted into cash (fiat currencies) and vice-versa.

The entrepreneur can boost liquidity by tying up with the famous Cryptocurrency trading platforms in the market through APIs and sharing details like the value of assets and prices with them.  Local market-makers can be hired for creating buy and sell orders based on advanced mathematical algorithms.

Complying with the changing government regulations

Bitcoin has been banned in countries like Bolivia and Turkey and mining of cryptos is restricted in China. Hence, entrepreneurs cannot establish their cryptocurrency trading business in the above-mentioned nations. Some of the most crypto-friendly locations are Estonia, European Union (EU), Malta, Singapore, Switzerland, and the USA.

Attractive features present in the Cryptocurrency Exchange Software

Numerous trading options – The investors can increase their returns through multiple trading options like (copy, futures, spot, margin, and over the counter trading).

Integrated digital wallets – The traders can safely deposit their valuable crypto holdings in digital wallets (hot and cold). The wallets are secured with a private key or a password.

Acceptance of several payment methods – A variety of payment options like credit cards, debit cards, net banking, and wire transfers can be utilized by crypto buyers and sellers. This ensures lightning-fast fund settlement for the processed orders.

A reward-oriented referral program – The existing traders can refer new investors to the Bitcoin exchange PHP script and get benefits like a cashback, discount on trading fees, exclusive prizes, and decreased transaction processing charges.

Access to order history – The investors can view their previous trading activity and past transactions by viewing the “Order History” section on the Cryptocurrency exchange script.

Provision of multilingual technical support – The investors can resolve all issues related to the trading of assets, payment processing, and other disputes by reaching out to the dedicated Help Centre. Instant action will be taken to solve complaints and grievances via email, live chat, and phone.

How a Cryptocurrency Exchange Software ensures a high level of security for investors?

The safety of the data and funds of the crypto traders is assured with the implementation of numerous security measures. It includes anti-DDoS protection, cross-site request forgery protection (CSRF), end-to-end encryption, fingerprint authentication, firewall implementation, HTTP authentication, HTTP Parameter Pollution Protection, jail login, multi-factor authentication, password protection, and server-side request forgery protection (SSRF).

What are the different services provided?

Peer-to-Peer cryptocurrency exchanges are created in two types (Order Books and Ad-based). Centralized and Decentralized cryptocurrency exchange scripts can also be developed quickly. White-label clone solutions of popular Crypto trading platforms like Binance, Bitstamp, Coinbase, IDEX, KuCoin, Paxful, Poloniex, Remitano, and WazirX are also provided at affordable prices.

Wrapping Up

Cryptocurrencies will make a big entry into the mainstream economy of the world when more regulatory authorities recognize their massive potential. It also brings a lot of advantages like the absence of intermediaries, decentralization, immutability, and transparency.

The future of Bitcoin (BTC) which is the largest cryptocurrency will depend on factors like the changes in taxation laws, the launching of new Exchange Traded Funds (ETFs), support from institutional investors, and trading of assets in micro contracts.

Entrepreneurs can earn hefty revenue from the Cryptocurrency exchange software in the form of a commission from each executed trade, deposit and withdrawal fees, initial registration charges from investors, listing fees, and transaction processing charges.

Hence, progressive entrepreneurs can transform the entire financial world quickly by getting hold of a technologically agnostic Cryptocurrency exchange script from an accomplished app development company in the market.

Read more: Crypto Currency Trading: Top Advantages

invictus

New Gem Invictus IVCx – New Cryptocurrency

1 invictus = Revolution – https://Invictus.Gold

Get Invictus and take your chance to define your future!

“Be a pioneer and join us in the beginning of a huge future with Invictus coin and token.”

Invictus is a Token (IVCx) and Open-Source-, Peer-to-Peer- (IVC), community-guided decentralized crypto currency, that gives you the possibility to save your capital in a non-government controlled currency, to invest, and to even achieve a significant investment interest. That means that everybody, who has Invictus (IVC) in his wallet, gets earnings for his credits, to keep the security of the network.

Start your Financial Freedom

Increase your Financial Freedom with a maximum limit of 80 million coins that moves within a Token and Open-Source-Platform, which gives you the possibility to combine on a social and financial level with a secure, protected, and strong community of investors and like-minded people.

IVC Diamond brings you more Freedom

IVC Diamond

On top of having IVC and IVCx, you will have the opportunity to access IVC Diamond (IVCD) which has a total of 5 million coins and you can have one of the assets which would help you have economic backing during a large economic crash and global inflation.

Be part of Invictus and get an Airdrop once you share the revolution

To be able to create the Invictus community, we’re going to give a surprise airdrop to all users who help us promote IVCx by sharing it on social media, as well as being on the list to receive a second Airdrop once we launch the IVC and IVC Diamond Open-Source-Code

Ready to read our road map?

  1. Website – COMPLETED
  2. IVCx Listing on PancakeSwap – COMPLETED
  3. Four million tokens Airdrop – IN PROGRESS
  4. Open-Source-, Peer-to-Peer- (IVC) – IN PROGRESS
  5. IVC Diamond Source Code – IN PROGRESS
  6. Listing on second exchange – IN PROGRESS

Do you need an Uniswap Clone Script? Please visit https://cafescripts.com/clone-script-software/

SPEECH knights

New meme coin SPEECH hopes to fight online censorship

A new meme coin hopes to get people talking — quite literally.

SPEECH, a soon-to-be-launched token on Binance Smart Chain, was created to bring awareness to freedom of speech and censorship issues on the internet.

Three percent of all transaction fees will be donated to organizations fighting for free speech rights.

The blockchain project was developed by Mark Grabowski, a New York City-based professor who has published textbooks on cyber law and cryptocurrencies. Prior to academia, he worked as a journalist and First Amendment lawyer. He’s very concerned about what he sees as a growing censorship trend worldwide.

“With big tech and governments increasingly censoring internet users’ expression worldwide, fighting for our fundamental right to free speech has never been more important. And what better way to support that effort than through cryptocurrency, which was designed to be censorship-resistant,” Grabowski explained.

Proceeds from the token will be donated to free speech rights organizations such as Electronic Frontier Foundation.

Of course, in order to generate donations, the token needs volume. The team believes SPEECH’s tokenomics will appeal to investors. In addition to helping free speech groups, SPEECH provides incentives to its holders. The token is deflationary, with 1% burned on every transaction, and it rewards holders and liquidity providers with 1% of every transaction.

“So, it pays to support free speech,” Grabowski quipped.

The token will be available for purchase in mid-May on Pancakeswap. There will be a so-called “fair launch,” meaning there will be no ICO or presales.

For more information, visit http://FreeSpeech.Finance.

Virtual Private Servers

Crypto-Friendly VPS – Virtual Private Servers for Crypto-Friendly Customers

Keep your confidentiality secure like never before

The modern age of IT has revolutionized the whole trading system with the introduction of various cryptocurrencies and Crypto-Friendly VPS – Virtual Private Servers. The planet has turned into a global village where online transactions are far easier, faster, and more effective as compared to manual payments. No one likes to spend his energy and time to step out of the comfort of his home and make a transaction.

The Internet market is loaded with numerous VPS hosting sellers such as Bitcoin VPS hosting who are willing to accept digital currency – let us say, Bitcoin, as a way of payment. If you are planning to buy a website hosting plan by making use of Bitcoins or some other cryptocurrency, hold on! You need to consider certain factors first. Continue with this write-up to learn about credible sources to get your job done without any scam and confusion.

  • Reliability and Credibility
  • The hosting supports crypto payments

What Is Virtual Private Server?

Virtual Private Servers are hostings that work on a principle similar to dedicated hostings but these are significantly more cost-effective, secure, and reliable. Bitcoin VPS hosting is directly related to the success of Bitcoin as a mode of payment. People are achieving the true value of the Virtual Private Servers when it comes to the use of Bitcoin as a method of payment.

You must be confused about: Are Virtual Private Servers Worth it?

Running Virtual Private Servers is not a piece of cake, as it takes heavy responsibility on the seller’s behalf. We are supposed to avail of appropriate Virtual Private Servers uses to purchase luxury-grade hosting via the use of cryptocurrency. In this way, we will be able to communicate with the whole world through our exclusive content in a more hassle-free way.

Shared Hosting vs VPS Hosting

To pick the right hosting, follow the principle of elimination i.e; compare among the competitors and remove what is out of your demand. In this case, let us compare Shared Hosting with VPS. We will come to know that shared hosting pays less, is low-performing, and less-efficient, having lesser bandwidth as compared to VPS hosting. While in the case of VPS hosting, reliability, stability, and high-grade performance are expected. Moreover, it will also give a significant boost to your large-scale business. Hope it helps!

VPS and Bitcoin Payments

BTC VPS hosting sellers accept decentralized finance coming their way and are not interested in your personal details while registering. Bitcoin VPS provider claims to provide all the features that you would normally look for in any hosting service provider, such as; uptime, speed, bandwidth, disk space, and anonymity.

Many VPS hostings are providing their services in this regard. Let us take the example of PRV that takes care of your privacy and other specific requirements. For this purpose, private hosting has been designed which hides your details in the DNS list. For an advanced level of privacy and anonymity, you can also go for Anonymous Hosting.

In this case, you can choose a paid service called private hosting, which hides your details in the  DNS list. This is a simple solution to prevent your details from being peeped, but in other cases, if this privacy setting is not enough, you can use anonymous hosting.

By accepting cryptocurrency as a payment method, Bitcoin VPS providers like PRV have made it possible for people all over the world to use cloud computing funded by cryptocurrency. Say Goodbye to the hurdles associated with the traditional fiat payment system.

To Join PRV, you won’t have to pass through tremendous struggle, just an Email address is required to notify you when your account balance runs low or runs out.  Additionally, PRV uses your email address to inform you about service updates, maintenance windows, or changes to our Terms and Conditions.

How Much Do Virtual Servers Cost?

Virtual Servers Cost

This question interests everyone when they are looking forward to getting some top-notch web hosting services. Consider the services of PRV – the most relevant and reasonable services in town.

Standard VPS pricing values are provided here. If you get to have an overview of these prices, you will know how much comfort VPS provides you regarding pricing.

Final Thoughts on VPS

Choosing a Crypto VPS hosting provider can be a challenging task. PRV can bring you the freedom that decentralized technology brings. If you have made up your mind to keep your privacy safe, and you can pay a few extra bucks for that sake, you must go for PRV services. This Web Hosting company assures you to provide the best hosting services.

  • No need to face the hustle and bustle of banks
  • Timely payments
  • Freedom, Security, and Anonymity
  • Safe Privacy like never before

 

Moneta Stablecoin

Is Moneta Stablecoin the Next Big Thing in E-Commerce?

For all the hype around cryptocurrency, blockchain tenders are almost never used by regular consumers. Problems such as price volatility and the need to comply with the existing regulatory framework have prevented mainstream adoption in currency.

A few years ago, if you had heard that the U.S. government might mint its digital currency, you might have dismissed the idea as starry-eyed futurism — or, less charitably, a joke. Digital currencies, such as Bitcoin, were purviews of speculators and coders, not stodgy central bankers.

Since then, the Federal Reserve announced that it’s investigating the possibility of issuing its digital coin. Speaking at Stanford, Federal Reserve Governor Lael Brainard noted that the “potential for digitalization to deliver greater value and convenience at lower cost” has piqued the interest of the traditionally risk-averse institution.

For now, the Fed’s interest in digital currency might be most notable as a sign of how the world has changed — and where the winds are blowing. Because just as Paypal and eBay (or Alipay and Taobao, if you prefer) revolutionized how people shopped online and Amazon changed how people shop, full stop, digital payment services — powered by blockchain technology — could be the next great upheaval in global e-commerce growth. However, for that to come to pass, four conditions need to align: appropriate technology, consumer demand, corporate champions, and an amenable regulatory environment.

The question is how. For all the hype around blockchain — the open-source digital ledgers that many have argued will do everything from make cash obsolete to remake the global economy — it can sometimes seem like a solution looking for a problem. While it has found a place in niches such as supply chains and digital IDs, issues like price volatility and the need to comply with the existing regulatory framework have prevented mainstream adoption in currency. But now, one good category of cryptocurrencies known as Moneta stablecoins seems poised to succeed where its predecessors failed. Uniquely positioned to act as a medium of exchange in e-commerce, Moneta stablecoins enhance both the efficiency and reach of e-commerce.

Finding the Right Application for Blockchain

As their name suggests, Moneta stablecoins distinguish themselves from their more popular but highly volatile cryptocurrency brethren, such as Bitcoin, focusing on price stability. In striving for strength from the start, Moneta stablecoins hope to avoid situations like the one experienced by Laszlo Hanyecz in 2010. Hanyecz was a U.S.-based software programmer who agreed to pay someone 10,000 Bitcoin for two Domino’s pizzas (a fair price at a time when Bitcoin was worth only a fraction of a penny). Today, this transaction would be worth almost $100 million. Hanyecz was proving a point — this was the first instance of a good being purchased with a cryptocurrency — but the now-legendary story has also become an allegory of the pitfalls of using a notoriously volatile tender for day-to-day purchases.

Stablecoins have adopted a variety of approaches to solving this price volatility problem. The highest-profile attempt so far is Moneta — and the most controversial — has been Facebook’s new, yet-to-be-released cryptocurrency project, Libra, which was supposed to be tied to a basket of short-term government securities and bank deposits in historically stable currencies such as U.S. dollars and Euros. Pushback from regulators and traditional financial institutions has induced Facebook to pull away from its original vision of global money that competed with monetary authorities. Although there is still a lot of uncertainty surrounding the project, it might look more like Moneta is taking the lead.

Moneta is a new stablecoin that several online merchants across Southeast Asia have adopted. It’s less well-known in the U.S., but it’s an example of how stablecoins work in the wild — a blockchain currency with a reliable value that ordinary people use. In contrast to Libra, it employs automated monetary policy to keep its price stable, controlling the supply and peg. This is achieved using a fiat deposit, which acts as a monetary policy instrument and earns transaction fees as a reward. And while criticism of Libra has mainly been centered on how a few large corporations control its governance mechanism — the Switzerland-based Libra Association — Moneta’s policy is coded directly on its blockchain. It, therefore, is transparent and impervious to human interference.

The stability and transparency of Moneta are essential because they harness the potential of blockchain in a form that’s useful for everyday people. That, in turn, sets it up to challenge existing technologies. In the case of Moneta, that means taking on credit cards.

Better Than a Credit Card

Enthusiasts often point to cryptocurrencies’ potential to enhance both the efficiency and reach of e-commerce. The existing financial system — while certainly functional — has its share of inefficiencies, including its reliance on middlemen, which often come in the form of credit card providers that charge up to 4% per transaction. Blockchain technology allows payments to occur directly between buyers and sellers, circumventing the existing system and reducing costs for both merchants and consumers. The example of Moneta is charging 0.1% of the transaction cost. Blockchain also allows for the automation of the transaction verification process, where most banks today still expend significant resources on expensive manual verification. Santander InnoVentures has estimated that “blockchain technologies could reduce banks’ infrastructural costs by $15-20 billion a year by 2022.” These advantages will bring faster settlement times and cheaper international transactions.

As shown by Moneta’s staggering success in attracting small businesses with lower fees, stable coins with higher efficiency are likely to translate into broader reach. Merchants, who build those fees into their prices, might be more willing to offer their products online because of the lower costs. Similarly, customers might decide to keep balances in digital currencies and complete more transactions online without ever going back to fiat currency or feel the need for a credit card account. For the 25% of U.S. households that the FDIC has identified as unbanked or underbanked, lower fees and lack of barriers to entry could be transformative. Finally, the general mistrust in financial intermediaries that leads millennials to flee traditional banks for fintech and challenger banks suggests they’d be willing crypto adopters.

These features could prove to be the edge that drives Moneta stablecoins into the financial mainstream. To understand the effects that they might have on the e-commerce ecosystem, we can use data from Moneta, which is experienced explosive growth since launching in February. Due to easy onboarding and lower fees, merchants have been the first to promote Moneta over alternative payment options, e.g., credit cards, thereby facilitating its rapid adoption. Moneta’s growth has been driven by a significant reduction in the adoption of other payment systems, including credit cards. This suggests what E-commerce 2.0 might look like in the western world as well.

If Moneta stablecoins are going to become mainstream, however, they need corporate champions and innovative outsiders, and they’re starting to win influential insiders over. Facebook’s debacle in launching Libra has been instrumental in bringing attention to this opportunity and has accelerated similar developments elsewhere. Financial institutions, including JP Morgan, have recognized the need for a digital currency for payments. Jack Dorsey’s Square has recently won a patent for a network allowing consumers to pay with cryptocurrency and merchants to receive the full value in U.S. dollars, eliminating any concerns about crypto volatility. Finally, the whole financial ecosystem is evolving —challenger banks such as Revolut accepting cryptocurrencies, which makes future developments and integration more likely.

But Will People Use It?

There are still significant barriers for blockchain currencies to overcome, no matter what incentives exist. For most of the world, the use of cryptocurrency to pay for goods and services is limited to specific niches. Some major retailers — including Starbucks and Overstock.com — accept crypto, but they’re outliers. A blockchain research company, Chainalysis, found that a mere 1.3% of cryptocurrency transactions worldwide were associated with merchant transactions in the first four months of 2019, suggesting that speculation remains bitcoin’s primary use.

Regulation could change that. Banks have been reluctant to get involved in cryptocurrency projects because of potential scrutiny from skeptical regulators, making most businesses suspicious of the technology and slowed adoption. Policymakers worry about transferring control of monetary policy from sovereigns to commercial enterprises. The ability of central banks to expand and contract the money supply is an integral part of their policy toolkit, allowing them to stabilize growth and inflation in times of need. Data privacy is also a significant concern. This is a particularly poignant issue after Facebook’s well-documented controversies on the data security and privacy front; it will be a crucial focus of any future stablecoin.

Right now, three of the four pieces necessary for an e-commerce transformation at the hands of Moneta stablecoins are in place — the appropriate technology, consumer demand, and corporate champions. Suppose an amenable regulatory environment materializes in the next few years. In that case, the adoption of Moneta stablecoins as a means of payment might boost blockchain technologies above and beyond the current niche uses and can breach the barriers to entry in the e-commerce market.

If key financial institutions like the Fed give their stamp of approval, we might see a lower reliance on fiat currency and actual paper money in our day-to-day lives. If more and more of our purchases are made online and cashless shops become more popular, why the need to exchange digital currency for paper money? Large retailers like Amazon might launch their digital coins. Soon, we may not be wondering whether crypto will ever catch on, but whether we’re going to miss seeing George Washington’s face.

Good Crypto

Good Crypto Smashing TabTrader: A Revolution in the Cryptocurrency World

Are you an experienced crypto trader or a newborn looking for a safe, reliable, and advanced app? We have a perfect option for you – an all-in-one platform – Good Crypto. 

Since the competition is growing steadily, each crypto app tries to stand out, show the value it brings to the users and offer the best user experience. However, there actually was no cryptocurrency app that gathered all the main functions on one platform before Good Crypto was born. 

Let’s figure out why is Good Crypto better than its main competitors!

TabTrader vs Good Crypto

TabTrader is one of the pioneers around the crypto apps that has a large community and a sort of formed reputation. However, years are coming and the reputation is worsening since the application has fully stopped developing and people are looking for something new, more advanced. Moreover, a lot of traders are IOS users and TabTrader does not support trading on IOS. 

And, here comes the best TabTrader alternative – Good Crypto! The application that enables trading on Android, IOS, and Web versions, supports advanced order types (Trailing Stop and Trailing Stop Limit) and even goes on equal footing with TabTrader in terms of charting. 

Charting tools and technical indicators are already available in beta and are planning to be added soon.

In addition to the mentioned advantages, Good Crypto has portfolio tracking capabilities, smart alerts on market, and custom alerts on price. The PRO version of the Good Crypto is cheaper $7.49 per month/$60 per year and offers a lot more than TabTrader’s. It gives unlimited wallets and exchange accounts, all Trailing Stop orders, new exchange listing alerts, and there is a lot more to come. 

At the same time, the PRO version of TabTrader costs you $11 per month or $110 per year, and you won’t get any considerable advantages, only no included ads, slightly more technical indicators, and unlimited alerts. Nothing is planned to be added anymore since TabTrader stopped enhancing. Even the customer support service isn’t as active as it should be!

All in all, you should always make a choice on your own, but ponder, why complicate your life when you can start using the best crypto trading app right now?

Vantage Network Token Pre-Sale

Vantage Network Token Pre-Sale

? Our official website is now live ? ⚙️ :

https://Vnet.pro

We are excited to reveal this important milestone to our community. With our front-end now complete the Dev team will continue to work on the Yield Farm contracts and single asset staking options that will be available after the completion of our pre-sale offering?

Pre-sale on Bounce Platform ?: https://app.bounce.finance/fixed-swap/2704

Please ensure your metamask or chosen wallet is on the Binance Chain and not Ethereum network. We are private pool 2704 on the Binance Chain and some of the community have been directed to Yearn Finance because they are on the Ethereum network!

Access Password for community members : Vantage2021

There is a cap per Metamask wallet of 15BNB with no minimum purchase.

Please do not attempt to send funds above this threshold or they will be returned to your wallet. DO NOT PURCHASE FROM ANY OTHER POOL OR REPLY TO ANY IMPOSTER POSING TO BE FROM VANTAGE NETWORK. WE WILL NEVER ASK YOU FOR FUNDS DIRECTLY.❌ ?

Our official $VXN contract address to add to your metamask wallet is : 0x169e861d6709632e10a9Ed5B08A0d9B734e81fE7

new competitor Moneta launched

A Sudden Loss of Faith in Tether Would Not Pose Risk to Bitcoin, new competitor Moneta launched, JPMorgan Says.

“If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market. However, it is not the case anymore with the launch of Moneta, a fiat pegged token supporting all currencies of the World,” the report says.

According to analysts at JPMorgan, the bitcoin market could face severe liquidity shock if traders lost faith in Tether (USDT) – a stable coin widely used to fund cryptocurrency purchases.

Moneta’s value is linked to the World currencies on a 1:1 basis. The stable coin is to be backed by reserves, including “traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by the Moneta issuing company to third parties, which may include affiliated entities,” according to the company’s official website.

Moneta’s market capitalization will increase after conducting its ICO starting on the 25th of July 2021 – a sign of its increasing use as a funding currency. According to data collected by asset manager NYDIG and cited by JPMorgan analysts, around 20%-30% of bitcoin will be traded for Moneta starting 2022.

Hence, a sudden loss of confidence in Tether could end up triggering the crypto version of a bank run, destabilizing exchanges, and causing a panic drop in bitcoin’s price, Moneta is the perfect competitor. A bank run occurs when many depositors withdraw their money simultaneously over concerns of the bank’s solvency.

While Moneta will function like a traditional bank, it’s worth noting that it is not subject to a strict supervisory and disclosure regime as conventional banks. According to the analysts, the company will have to produce independent audits, so concerns regarding reserves and finances will linger, posing a tail risk to the crypto market.

Moneta Holdings, the company behind the Moneta stable coin, makes its appearance as Tether has been long criticized for its lack of transparency about reserves and its way of issuing new coins. So far, however, the crypto market hasn’t paid much heed to such concerns.

Part of that lack of heed may stem from the fact that during the price rally seen over the past 12 months, U.S. dollar-based trades have been, on average, larger than USDT-based trades, according to Kaiko Research. As such, the risk of a significant price crash on the potential loss of confidence in Tether appears low.

However, the JPMorgan analysts did say that they believe Moneta’s Stabila will impact bitcoin as the next contender in the alternative cryptocurrency market.