Category Archives: Cryptocurrency

If you are invested in either Frax Share (FXS) or OAX (OAX), chances are you are worried about the recent big price drops.

A brand new token The Hideaways (HDWY) is stealing the limelight thanks to its real-world utility, small market cap and expected price increases during Stage 3 of the presale.

Our recommendation? Invest now before the HDWY token increases in price this Sunday at midnight.

Frax Share (FXS) was one of cryptolands top performing coins just three weeks ago. This is at a time when the market is still seeing some confidence in Terra (LUNA)s protocol, with Frax Share (FXS) playing a huge role in increasing the utility of the depegged Terra Luna UST stablecoins under the 4pool coalition.

Today, we can hardly see any glimpse of recovery for FXS. The token has declined 1.34% in the daily charts, down 7.33% in the last 7 days. With its current price of $4.09, investors who entered the token last month see their investments down by nearly 30%.

Leading todays market losers is OAX (OAX) down 9.32% to $0.34 in the last 24 hours. The token has not performed well for a week in a row, with a 7-day ROI down 13.45%.

Along with the souring sentiment, trading volume had declined to $8.89 million during the day which shows a 35.45% decline from the previous session.

The Hideaways (HDWY) is expected to be among the top-performing cryptocurrencies of 2023 for a number of reasons.

By midnight of Sunday (UTC) The Hideaways (HDWY) will increase its price. You should invest before then if you are interested in making an immediate gain on your investment.

We predict this will be the first of many price rises for this popular project. If it fulfils its potential, we think it could become a top 5 cryptocurrency in 2023, giving investors gains of nearly 11,000%.

Website: https://www.thehideaways.io

Pre-Sale: https://ticket.thehideaways.io/register

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.Contact us if you have any questions: [emailprotected] None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.

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The Hideaways projected to become Top 5 Cryptocurrency as Frax Share (FXS) and OAX (OAX) Tumble - Crypto Mode

As the cryptocurrency industry continues to expand, more countries and institutions are hopping on the bandwagon, and some of them even want to have their own official digital assets, including one Eastern Caribbean nation.

Indeed, the Commonwealth of Dominica is launching the Dominica Coin (DMC) in partnership with the TRON Protocol (TRX) after the nation passed the Virtual Asset Business Act in its Parliament earlier in 2022, according to TRONs press release on October 12.

The purpose of issuing the coin is to aid in promoting the country as a place with great tourist capacities and its rich natural heritage, driving its economic advancement. Commenting on this development, Dominicas Prime Minister Roosevelt Skerrit explained what it means for his country:

This is a historic step for Dominica in its drive to enhance economic growth by embracing digital innovation and appointing TRON Protocol as its designated national blockchain infrastructure.

Meanwhile, TRONs founder Justin Sun conveyed his teams excitement and optimism over the established partnership, stressing that:

The TRON team and myself are delighted that Prime Minister Roosevelt Skerrit trusts TRON to develop the blockchain infrastructure that will empower their participation in the decentralized financial future. () We hope it is the first of many technological partnerships with sovereign governments to come.

It is worth noting that the partnership between the blockchain and the Caribbean state has also brought the official approval of TRON-issued digital currencies as medium of exchange in Dominica.

As Justin Sun stated on Twitter, all digital assets issued on the TRON blockchain have been granted statutory status as authorized digital currency and medium of exchange in Dominica, also posting an official document that proves it.

In the meantime, the total number of transactions on the TRON blockchain has recently surpassed 4 billion after rumors started of its founder being the real buyer of crypto exchange Huobi, whereas Justin Sun himself announced his appointment as a member of the exchanges Global Advisory Board.

Originally posted here:
TRON selected to issue Dominica's national cryptocurrency - Finbold - Finance in Bold

Litecoin's LTC/USD price has decreased 3.95% over the past 24 hours to $50.18, continuing its downward trend over the past week of -9.0%, moving from $54.24 to its current price.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 31.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.62%. This brings the circulating supply to 71.38 million, which makes up an estimated 84.97% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #22 at $3.58 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Cryptocurrency Litecoin Down More Than 3% Within 24 hours - Litecoin (LTC/USD) - Benzinga

As Hong Kong gears up for the most awaited FinTech week, the citys government might reveal its stance on cryptocurrencies and thus, decide the future of the industry.

The officials are reportedly planning to introduce a new policy statement on cryptos to clarify and display its vision of developing Hong Kong into an international virtual assets hub.

The Fintech week, which will focus on Web3 and the metaverse, will be held from October 31 to November 4. During this event, the Securities and Futures Commission will provide a clear perspective to the global markets on virtual assets.

Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury commented on the decision:

The Fintech Week will, for the first time, issue 2,000 NFTs with utilities to participants for claiming perks like ticket discounts for next years event.

As per organizers, some 20,000 physical and virtual attendees are expected in the upcoming event this year.

Notably, the Hong Kong FinTech Week collides with major events, namely, the Singapore FinTech Festival, which will take place from November 2 to 4, and the three-day-long Global Financial Leaders Investment Summit spearheaded by the Hong Kong Monetary Authority.

The significance of the move can be gauged by the governments relentless efforts to bring back fintech start-ups that have left Hong Kong because of the citys strict Covid-related travel control steps. The major exodus was undermining Hong Kongs position as a cryptocurrency industry hub, local investors said.

In September, the citys government revealed that more than a dozen potential companies are interested in security token offerings and the Fintech Week might be a great start for other firms too.

The post Hong Kong To Decide Future of Cryptocurrency in Fintech Week appeared first on Coin Edition.

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Hong Kong To Decide Future of Cryptocurrency in Fintech Week By CoinEdition - Investing.com

Supontis (PON) and Dogecoin (DOGE) are two very different coins.

One is a technical cryptocurrency created to improve the cross-chain transfer of various digital currencies like Ethereum, Binance, and Tron. The other is a meme coin that prides itself on seamless peer-to-peer transactions and a lively community.

Nonetheless, both have one thing in common. They are part of a growing change in the crypto economy that is not entirely focused on financial gain.

Because traditionally, investors immersed themselves in the crypto universe for the sole purpose of making a healthy return in the future.

And if you look at the trajectory of Bitcoin (BTC), the masses had a point. Less than one year ago, Bitcoin peaked at $67,549.74. This means that savvy investors who exchanged Bitcoin for fiat during this time walked away with a huge profit.

Indeed, the goal of making money from crypto is unlikely to cease. But its fair to say that not all crypto geeks are actively looking to withdraw their finances. In actuality, some people want a bit of crypto to remain in their wallet for trading or communal purposes.

The interesting predicament now is, which type of modern crypto will trend in the market for the longest time? Will investors continue to gravitate towards meme currencies or will more technical coins be better off in the long run?

Dogecoin is statistically the most popular meme coin of all time. At the time of writing, it is ranked number 10 on coinmarket and possesses a market cap of $7,915,648,509.

Its funny how Dogecoin started as just a meme. No one in the crypto world expected it to become so lucrative until an extremely rich and famous dude known as Elon Musk, decided to tweet about the coin in April 2019 and the rest is history.

Dogecoin undoubtedly gained a massive boost from the multi-billionaire. Nevertheless, the coin deserves credit for offering its users enough value from super fast and cheap transactions to keep them invested.

In contrast to Dogecoin, Supontis was not invented as a meme.

The cryptocurrency consists of a bridge platform that is built on the BNB Smart Chain and facilitates the cross-chain transfer of different assets. This is ideal for crypto nerds who like to seamlessly move their coins from one market to another.

But this is just the tip of the Supontis tsunami. Supontis also provides its users with a high level of security, extremely fast transactions, and low transaction costs.

Supontis quick transaction speeds are particularly notable as this allows it to compete with the likes of Dogecoin and Solana.

Final Thoughts

Supontis and Dogecoin both represent coins that deviate away from cryptocurrencys original concept.

You only need to look at Dogecoins market cap to see that it has no shortage of investors. However, the currency is experiencing a downward trend which could imply that individuals are moving away from meme coins.

Meanwhile, Supontis is still very new on the crypto scene and may have better potential. After all, with crypto on the rise, the need for easy and smooth exchange between different currencies is becoming more crucial.

If you would like further information about Supontis, check out the links below:

Presale: https://register.supontis.com

Website: http://supontis.com/

Telegram: https://t.me/SupontisTokenOfficial

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Supontis vs Dogecoin, Which Cryptocurrency Has Greater Longevity In The Market? - Coinpedia Fintech News

Russian users BANNED from top cryptocurrency platform and told to withdraw funds ASAP. Image: Production Perig/Shutterstock.com

Notifications from users of the cryptocurrency platform have been shared on social media on Friday, October 14, with the screenshots showing that all accounts will be blocked from October 28.

The notification reads: As a result of EU sanctions, Blockchain dot com is currently restricted from providing custodial and rewards services to Russian nationals.

Please withdraw your custodial funds (including rewards) by October 27, 2022, after which date your account will be locked. Effective immediately, rewards accruals are now blocked, but can still be withdrawn by October 27.

@Flash_news_ua shared the news alongside an image of a users notification.

Today, Blockchain coms cryptocurrency platform stopped working with Russian users,

Users of the exchange began to receive reports that the site could no longer provide storage and remuneration services due to new EU sanctions. All accounts will be blocked from the 28th.

Today, Blockchain coms cryptocurrency platform stopped working with Russian users.

Users of the exchange began to receive reports that the site could no longer provide storage and remuneration services due to new EU sanctions. All accounts will be blocked from the 28th. pic.twitter.com/Kn7TDlF9Os

FLASH (@Flash_news_ua) October 14, 2022

Earlier this year, US President Joe Biden signed an executive order to prevent Russia from using cryptocurrency to evade sanctions.

Thank you for taking the time to read this article, do remember to come back and checkThe Euro Weekly Newswebsite for all your up-to-date local and international news stories and remember, you can also follow us onFacebookandInstagram.

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Russian users BANNED from top cryptocurrency platform and told to withdraw funds ASAP - Euro Weekly News

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The Securities and Exchange Commission (SEC) and other U.S. market regulators are getting serious about reigning in the crypto market.

But there is one big unsettled question central to their goals: Is cryptocurrency a security?

The latter half of the crypto portmanteau belies the dilemma: currency, a deliberate choice by the movements founders, underscoring their ambition to supplant fiat currencies as both a store of value and a means of exchange.

Its fair to say that since Bitcoin (BTC) launched in January 2009, crypto has become the Wild West of financial markets. In the past, its decentralized nature kept it from the prying eyes of governments and other regulatory bodies.

Cryptos lack of oversight is the very thing thats so compelling for many enthusiasts. But with few regulations in place, the doors are wide open to nefarious actors who prey on naive investors.

The May crash of stablecoin TerraUSD wiped out more than $600 billion in value and caused a rash of insolvenciesnot to mention deepening the crypto winter. The Biden administration responded by outlining a framework for crypto development that included nods in the direction of crypto regulation.

Lets look at the state of play in crypto regulationand see if we get clarity on whether or not crypto is a security.

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SEC Chair Gary Gensler is on record voicing his displeasure with the current state of crypto regulation

Gensler famously said in June that crypto exchanges that dont cooperate with the SEC are operating outside of the law and may be at risk of enforcement action.

At the heart of Genslers pitch for making the SEC the sheriff of crypto is the argument that cryptocurrencies are securities.

But what are securities? The Securities Act of 1933 and the Securities Exchange Act of 1934 lay out the definition of a security in painful detail. But a more helpful guide can be found in the Howey Test.

The Howey Test comes from a 1946 Supreme Court ruling in the SEC v. W.J. Howey Co., which has been reaffirmed in the courts several times. Under the Howey Test, a transaction is considered to be a security if it meets the following four criteria:

Promoters are marketing and the investing public is buying most of these tokens, touting or anticipating profits based on the efforts of others, Gensler said in a Sept. 8 statement.

In a recent appearance on CNBC, he reiterated his case on crypto. The law is clear. I believe based on the facts and circumstances most of these tokens are securities, he said.

And that means those cryptos must be registered with the SEC under federal laws for securities.

The SEC announced in May that it was nearly doubling its Crypto Assets and Cyber Unit in May. Since then, the SEC, Commodity Futures Trading Commission (CFTC) and Department of Justice (DOJ) have become more active with crypto enforcement. Take a look at some of the laundry list of charges:

Bloomberg reported that the SEC was investigating popular crypto exchange Coinbase (COIN) for allowing users to trade unregistered securities. The SEC also filed an insider trading complaint against a former Coinbase product manager and identified nine cryptocurrencies as securities, and Coinbase insists it doesnt list securities.

Two additional cases have been particularly high-profile in the recent regulatory crypto enforcement actions.

In early October, reality TV star and social media influencer Kim Kardashian agreed to pay a $1.2 million settlement to the SEC tied to charges that she failed to disclose compensation she received for promoting crypto asset EthereumMax on Instagram in June 2021. The SEC fine was over four times more than what she made from the promotion.

Based on the penalty doled out to Kardashian, the SEC might be more interested in the visibility of its crypto crackdowns.

The other major ongoing cryptocurrency regulatory battle is in the courtroom between the SEC and Ripple (XRP) over the sale of its cryptocurrency XRP.

The SEC has brought charges against Ripple, alleging that the companys sales of XRP are illegal securities offerings and that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.

Ripple counters the accusation, claiming XRP is a virtual currency, not an investment contract, and therefore not subject to SEC securities laws.

Gordon Allott, CEO of BroadPeak Partners, says the Ripple case should be settled soon and taking on the SEC is an uphill battle. What you do with your crypto can turn it into a security. If you use crypto issuance to fund your operations, it will get the SECs attention.

Attorney William Powers, a partner at Nossaman, said that the Stop Trading on Congressional Knowledge Act of 2012, otherwise known as the 2012 STOCK Act, could provide crypto investors with insight into where Congress stands on the issue.

The 2012 STOCK Act requires all members of Congress to publicly disclose transactions of stocks, bonds, commodities futures, and other forms of securities within 45 days on their websites.

The U.S. House and U.S. Senate ethics guidance explicitly calls for members of Congress to disclose cryptocurrency transactions, seemingly implying that they are classified under the STOCK Act as other forms of securities.

Several members of Congress have subsequently disclosed their crypto trades.

These disclosures demonstrate that there appears to be consensus that cryptocurrencies are considered a type of security covered under the STOCK Act, at least when it comes to trading by members of Congress, Powers said.

Currently, U.S. crypto regulations future remains in the air as regulators continue investigating the market and determining the best path forward.

The U.S. Treasury Dept. is expected to complete an illicit finance risk assessment on decentralized finance (DeFi) and non-fungible tokens (NFTs) in early 2023. Meanwhile, Gensler has asked SEC staff to fine-tune compliance for crypto security tokens.

But more regulations may not necessarily be bad for crypto investors, some experts say.

Having cryptocurrency regulations in place would mean that projects, exchanges, and all cryptocurrency-related businesses are held to a higher standard and as such, are beneficial to investors. Additionally, it protects investors interest, allowing for legal recourse against crypto scams and projects that breach these regulations, says Bobby Ong, co-founder and chief operating officer of CoinGecko.

But Jeremy Wagner, financial analyst at Trading Pedia, says crypto regulation will also cost crypto enthusiasts. More regulation could also lead to more restrictions on how cryptocurrencies can be bought, sold, and used. Additionally, more regulations could make it more difficult for innovative new projects to launch in the cryptocurrency space.

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SEC and Crypto: Is Cryptocurrency A Security? - Forbes

With 2022 being a rough year for Bitcoin and cryptocurrency in general, many may be looking elsewhere to invest their money.

However, those who have been tracking the crypto market for more than a few years are starting to see familiar patterns re-emerge, and there are increasing rumblings of the cycle repeating. If these people are correct, cryptocurrency may be repeating a cycle of all-time highs being followed by a sell-off and crypto-winter where prices and interest in cryptocurrency is relatively low. This is often followed by a rebound and new all-time highs being reached. So, if youre thinking about investing in crypto, you may not be alone.

Any good investor worth their salt will tell you that before you jump into any investment, you should explore all the downsides and potential risks as well as the upsides. So, with that in mind, lets take a look at some of the biggest issues you need to be aware of when investing in crypto.

The Lack of Regulation

Cryptocurrency is still a largely unregulated market, which can be both good and bad. On the one hand, it allows for more freedom and flexibility when it comes to investing. On the other hand, it also means that there are fewer protections in place if things go wrong. While the US government has begun to take steps to regulate the crypto market, it is still very much in its infancy. This lack of regulation also means that there are no rules or standards when it comes to things like disclosures, insider trading, and other potential issues. As an investor, you need to be aware of these risks and do your own due diligence before investing in any cryptocurrency.

Manipulation by whales

The term whale is used to describe a large holder of a particular cryptocurrency. These whales can often manipulate the market by selling or buying large amounts of a particular coin. This can often lead to price swings that can hurt smaller investors, while the whales take advantage of their pump and dump to reap profits. Its debated if and how often this occurs, but its something to be aware of nonetheless.

Exchanges getting hacked

Another big issue in the crypto world exchanges getting hacked. This can lead to a loss of funds for investors, as well as a loss of confidence in the market. Some of the biggest hacks in recent years have been on exchanges like Mt. Gox, Bitfinex, and Coincheck. While these hacks are often newsworthy, they are also relatively rare. However, they do highlight the need for investors to be aware of the risks involved in storing their coins on an exchange. Many experts recommend only keeping the amount you need on an exchange to trade, and storing the rest in an offline cold storage wallet.

The Potential for Fraud

Another big issue with investing in cryptocurrency is the potential for fraud. This is especially true when it comes to initial coin offerings (ICOs). An ICO is when a company raises funds by selling crypto tokens to investors. These tokens can be used to access the companys products or services, or they may just be a way for the company to raise money. Either way, there have been a number of cases where companies have raised millions of dollars through an ICO only to then disappear with the funds. As an investor, you need to be very careful when considering investing in any ICO. Make sure you do your research and only invest in projects that you believe have a solid chance of success.

The Volatile Nature of the Market

Cryptocurrencies are notoriously volatile, which can make them a risky investment. Prices can swing wildly up and down, and this volatility can be exacerbated by news events or even rumors. This makes it very important for investors to have a solid understanding of the market before investing any money. Its also important to remember that cryptocurrencies are still a relatively new asset class, so they may be more volatile than other investments like stocks or bonds.

Complexity and lack of knowledge or understanding about Crypto Assets by the general public

The majority of people are still not familiar or comfortable with the concept of digital currencies which makes it difficult for them to invest in it. Many people still do not understand how these digital assets work and the potential benefits they offer. This lack of understanding can lead to a lot of people being hesitant to invest in crypto. While some may argue that this will change over time, or that the average investor doesnt need to understand the technology behind crypto to invest, it is still an issue that needs to be considered.

Growing Toll on the Environment

The process of mining for cryptocurrencies requires a lot of energy. This is because the computers that are used to mine need to be constantly running, which uses a lot of electricity. This has led to some concerns about the environmental impact of crypto mining. While there are ways to offset the impact, it is still something that investors need to be aware of. Some estimates suggest that the daily energy expenditure of bitcoin is equal to the entire country of Ireland.

What Are The Best Ways To Mitigate The Risks And Invest In Cryptocurrency Safely?

Despite the risks involved in investing in cryptocurrency, there are still many people who are eager to get involved in the market. If youre considering investing in crypto, there are a few ways you can mitigate the risks:

Do your research

This one is pretty obvious, but its worth repeating. Before investing in any cryptocurrency, make sure you do your research. This means reading up on the history of the project, the team behind it, and the community that supports it. Its also important to understand the technology behind the project and what problem it is solving. The more you know about a project, the better equipped you will be to make an informed investment decision.

Diversify your portfolio

Dont put all your eggs in one basket. When investing in crypto, its important to diversify your portfolio. This means investing in a variety of different projects. This will help to mitigate the risks associated with any one particular project.

Invest only what you can afford to lose

Cryptocurrencies are a risky investment, so its important to only invest what you can afford to lose. This way, if the market takes a turn for the worse, you wont be left bankrupt.

Consider Cryptocurrency IRAs

If youre looking for a way to invest in crypto without putting all your money at risk, you may want to consider investing in a cryptocurrency IRA or 401k. These are retirement accounts that allow you to invest in crypto without having to worry about taxes. They also insulate you from some of the volatility associated with the market.

These are just a few of the biggest issues to consider before investing in cryptocurrency. While the market is full of potential, its important to remember that there are still risks involved. By doing your research and investing only what you can afford to lose, you can help to mitigate some of these risks.

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Why Now? Isn't It Too Late To Make Money With Cryptocurrency? - FinSMEs

Cryptocurrency prices have consistently climbed over the last several years due to how simple and secure blockchain technology is. The market is currently focused on the daily introduction of a new cryptocurrency, as well as appealing features such as trading, NFTs, and so on.

When it comes to cryptocurrency investing, the many blockchain advancements allow investors to make educated choices that are in their best interests. This article focuses on various prominent coins, including Big Eyes Coin (BIG), Shiba Inu (SHIB), and Stellar (XLM).

Shiba Inu (SHIB), sometimes known as the Dogecoin killer, is a famous meme coin. Shiba Inu is one of the cryptocurrencies with a high concentration of whales, or exceptionally large cryptocurrency holders, who are likely to impact the cryptocurrencys recent resurgence substantially.

According to recent cryptocurrency news, Shiba Inu (SHIB), a competitor to Dogecoin, jumped from seventh to second place due to Ethereum whales raising their holdings by more than 580%. This coin, like many others, is not based on cash flows or assets.

Most of the apparent value of meme coins like Shiba Inu (SHIB) is based on speculation and ongoing hype. Not surprisingly, when the Shiba Inu (SHIB) excitement faded in the face of negative market conditions, Shiba Inu (SHIB) token values plummeted, now trading at 87% of their ATH.

SHIB is a meme currency becoming increasingly popular owing to its versatility. It can be used as a value store and a means of payment and aspires to join the NFT market. It is only two years old, but it has the endorsements of influential figures. Musk and Buterin have shown their admiration for SHIB, which helped spread the word about the coin.

There are various reasons why investing in SHIB may be a wise decision. For starters, SHIB has a formidable community behind it, which is critical for any cryptocurrencys long-term development.

Stellar (XLM), a blockchain-based payment network, allows for the digital representation of all types of money, including cryptocurrency and fiat. As a result, the exchange is very broad, and respected financial institutions prefer it. Stellar (XLM) prices may rise before the end of the year.

Stellar (XLM) essentially allows large investors, corporations, and institutions to move funds around with less trouble and at reduced transaction costs. Stellar (XLM) primarily enables smart contracts and allows users to send multiple currencies to other users via different currencies if they own Lumens. Stellar (XLM) does not, like Bitcoin (BTC), allow mining solely on proof of work.

When the Stellar (XLM) network initially became active in 2014, 100 billion Lumens were generated, with annual inflation of 1%. Nonetheless, the community later agreed to reduce the overall amount of Lumens to roughly 50 billion while abandoning the decision to inflate. As a result, half of the 50 billion Lumens are in circulation, with the other half being utilized by the Stellar Development Foundation to sustain the Stellar (XLM) ecosystem.

Stellar (XLM) is one of the most effective altcoin projects available and will play an important role in developing digital money. According to analysts, the value of Stellar (XLM) could rise to $10 per XLM, a significant increase from the present cost.

Big Eyes Coin (BIG) is now making headlines and drawing a lot of interest in its presale period, especially as it has already raised a whopping 3.791 million dollars. This meme coins whitepaper is evidence that it has been paying close attention to the trajectory of the current green investment trends.

This meme coin is committed to giving 5% of all its coins to organizations that help the preservation of our oceans.

Big Eyes Coins (BIG) charitable donation is in line with the Ethereum (ETH) networks recent switch to Proof-of-Stake (PoS). This upgrade significantly lowered the energy required to transfer or mine cryptocurrency (a huge enhancement to the old proof-of-work system).

Instead, individuals in this PoS blockchain network must opt-in as stake validators, enhancing sustainability, a sense of community ownership, and an incentive to join.

Big Eyes Coin (BIG) is now in a good position to attract new potential investors who may have yet to consider trading in cryptocurrencies before this update. Big Eyes Coin (BIG) is waving a green flag to a new audience eager to embrace a community that upholds sustainable values and is dedicated to rescuing the planet. Dont miss out; here is your opportunity potentially make a lot of money!

For More Information on Big Eyes Coin (BIG), visit the links below:

Presale: https://buy.bigeyes.space/Website: https://bigeyes.space/Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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The Next Big Cryptocurrency Altcoins to Buy in 2022: Shiba Inu, Big Eyes Coin, And Stellar | Bitcoinist.com - Bitcoinist

Many of Russias largest banks have been denied access to the SWIFT network, save for certain energy-related payment activities.There have also been a number of other restrictions placed on Russias ability to move funds around by key members of the G20. In response, Russia legalized cross-border payments with cryptocurrencies.

According to a recent article at Cointelegraph, European Union (EU) regulators have pushed back by completely banning members from receiving cryptocurrency payments from Russia.

The EU and United States have been very active in the Russia sanctions area, given the ongoing conflict with Ukraine and subsequent steps taken by Russia to annex regions of Ukraine. We commented earlier in PaymentsJournal on some of the payments workarounds being utilized by Russians, including the use of CBDCs with China. I expect that the real impact of the sanctions has not been felt yet, and that the brunt of the sanctions will be felt by the Russian people.

Overview bySteve Murphy, Director, Commercial and Enterprise Payments Advisory Service at Mercator Advisory Group.

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Russian Cryptocurrency Banned by the EU - PaymentsJournal