Miss El Salvador Features Bitcoin in Miss Universe 2023
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds.
Bitcoin Showcased in Miss Universe 2023The Miss Universe 2023 contestant from El Salvador, Alejandra Guajardo, surprised viewers Wednesday night with her choice of costume. Guajardo walked onto the stage in the 71st Miss Universe National Costume Show wearing a costume representing “the evolution of the Salvadoran currency,” the Miss Universe El Salvador official Instagram account described, adding that the outfit is designed by Francisco Guerrero.Miss El Salvador’s national costume features cacao beans, the colón, the U.S. dollar, and the Bitcoin symbol. Originally, cacao was used as currency in El Salvador. The colón became the official currency of El Salvador from 1892 until it was replaced by the U.S. dollar in January 2001. The costume’s predominant colors are gold, silver, and bronze.
Esta noche, Miss Universo El Salvador, Alejandra Guajardo, representa la historia de las monedas del país, desde el colón hasta el #Bitcoin, en su traje nacional. pic.twitter.com/q5tVbytJXl
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds.
Bitcoin Showcased in Miss Universe 2023The Miss Universe 2023 contestant from El Salvador, Alejandra Guajardo, surprised viewers Wednesday night with her choice of costume. Guajardo walked onto the stage in the 71st Miss Universe National Costume Show wearing a costume representing “the evolution of the Salvadoran currency,” the Miss Universe El Salvador official Instagram account described, adding that the outfit is designed by Francisco Guerrero.Miss El Salvador’s national costume features cacao beans, the colón, the U.S. dollar, and the Bitcoin symbol. Originally, cacao was used as currency in El Salvador. The colón became the official currency of El Salvador from 1892 until it was replaced by the U.S. dollar in January 2001. The costume’s predominant colors are gold, silver, and bronze.
Esta noche, Miss Universo El Salvador, Alejandra Guajardo, representa la historia de las monedas del país, desde el colón hasta el #Bitcoin, en su traje nacional. pic.twitter.com/q5tVbytJXl
Chainalysis: Crypto Crime Outlets Have Become Limited
Blockchain analysis firm Chainalysis says in a new report that crypto crime fighting has been effective to some degree. While the amount of crime hasn’t necessarily fallen in recent years, the fight against it has limited criminals to certain platforms when cashing out, transferring their stolen funds into fiat, or engaging in illicit transactions.
New Chainalysis Report Says Criminals Don’t Have That Many EnterprisesIn its report, Chainalysis says most criminals are limited to about 915 digital platforms to engage in illegal transfers. This is the smallest number recorded since 2012, arguably a year when crypto was still very new and in development. The analysis company also said that many illicit firms have gone out of business in recent years, thus keeping criminals contained to fewer options as they no longer have the large havens to explore when engaging in illegal transactions.
Blockchain analysis firm Chainalysis says in a new report that crypto crime fighting has been effective to some degree. While the amount of crime hasn’t necessarily fallen in recent years, the fight against it has limited criminals to certain platforms when cashing out, transferring their stolen funds into fiat, or engaging in illicit transactions.
New Chainalysis Report Says Criminals Don’t Have That Many EnterprisesIn its report, Chainalysis says most criminals are limited to about 915 digital platforms to engage in illegal transfers. This is the smallest number recorded since 2012, arguably a year when crypto was still very new and in development. The analysis company also said that many illicit firms have gone out of business in recent years, thus keeping criminals contained to fewer options as they no longer have the large havens to explore when engaging in illegal transactions.
Play-To-Own – Paving the Way for the Next Generation of Games
The gaming industry has come leaps and bounds since the introduction of the Magnavox Odyssey back in 1972.
We have progressed through Web 1.0, Web 2.0 and are now entering the new age of the internet with Web 3.0 – and with the evolution of the internet comes the evolution of gaming.
Blockchain technology has revolutionized the gaming industry, bringing transparency to games and complete ownership to players – something that was always missing in Web 2.0 gaming experiences.
The gaming industry has come leaps and bounds since the introduction of the Magnavox Odyssey back in 1972.
We have progressed through Web 1.0, Web 2.0 and are now entering the new age of the internet with Web 3.0 – and with the evolution of the internet comes the evolution of gaming.
Blockchain technology has revolutionized the gaming industry, bringing transparency to games and complete ownership to players – something that was always missing in Web 2.0 gaming experiences.
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Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
Argentina to Settle Bilateral Transactions With China in Chinese YuanArgentina, one of the big three economies in Latin America, will use the Chinese yuan to pay for certain imports. According to statements from Argentine Economy Minister Sergio Massa, the country will begin settling payments for Chinese imports using the Chinese yuan, in the context of saving the scarce dollars that the country still has left.
The agreement is perceived by analysts as a positive pact for the nations, as China deepens the penetration and usage of the Chinese yuan in Latam, and Argentina manages to leverage $5 billion of the “swap” reserve that was approved between Argentine President Alfredo Fernandez and Chinese President Xi Jinping, solidified in a bilateral meeting which took place at the 17th G20 summit back in 2022.
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
Argentina to Settle Bilateral Transactions With China in Chinese YuanArgentina, one of the big three economies in Latin America, will use the Chinese yuan to pay for certain imports. According to statements from Argentine Economy Minister Sergio Massa, the country will begin settling payments for Chinese imports using the Chinese yuan, in the context of saving the scarce dollars that the country still has left.
The agreement is perceived by analysts as a positive pact for the nations, as China deepens the penetration and usage of the Chinese yuan in Latam, and Argentina manages to leverage $5 billion of the “swap” reserve that was approved between Argentine President Alfredo Fernandez and Chinese President Xi Jinping, solidified in a bilateral meeting which took place at the 17th G20 summit back in 2022.
Margex Copy Trading: Revolutionizing Cryptocurrency Trading for Both Novice and Pro Traders
Cryptocurrency trading has gained immense popularity in recent years, offering individuals lucrative opportunities to grow their assets. However, for those less experienced in trading and new investors entering the market, the intricacies of cryptocurrency trading can be overwhelming.
Fortunately, the emergence of Margex, an innovative platform for trading cryptocurrency derivatives, has introduced a fascinating twist to these challenges with its unique Copy Trading system. Margex’s copy trading mechanism allows users to leverage the expertise of professional traders and maximize their profits without requiring any prior trading experience. By allowing users to copy the trading strategies of professional traders, Margex simplifies the trading process and eliminates the need for in-depth market knowledge.
Cryptocurrency trading has gained immense popularity in recent years, offering individuals lucrative opportunities to grow their assets. However, for those less experienced in trading and new investors entering the market, the intricacies of cryptocurrency trading can be overwhelming.
Fortunately, the emergence of Margex, an innovative platform for trading cryptocurrency derivatives, has introduced a fascinating twist to these challenges with its unique Copy Trading system. Margex’s copy trading mechanism allows users to leverage the expertise of professional traders and maximize their profits without requiring any prior trading experience. By allowing users to copy the trading strategies of professional traders, Margex simplifies the trading process and eliminates the need for in-depth market knowledge.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
US Judge Grants Bankrupt Crypto Lender Celsius Greenlight To Convert Altcoins Into Bitcoin and Ethereum
A US judge is ruling that bankrupt crypto lender Celsius may convert its altcoin holdings into Bitcoin (BTC) and Ethereum (ETH) as a form of financial relief.
In a new court document, Judge Martin Glenn of the Southern District of New York has ruled that starting on July 1st, the troubled crypto firm will be allowed to convert all non-BTC and non-ETH cryptocurrencies into the top two digital assets by market cap.
A US judge is ruling that bankrupt crypto lender Celsius may convert its altcoin holdings into Bitcoin (BTC) and Ethereum (ETH) as a form of financial relief.
In a new court document, Judge Martin Glenn of the Southern District of New York has ruled that starting on July 1st, the troubled crypto firm will be allowed to convert all non-BTC and non-ETH cryptocurrencies into the top two digital assets by market cap.
CBDCs Could Enhance Financial Inclusion If Well-designed – IMF
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker.
These remarks were made by Kristalina Georgieva, IMF Managing Director, on June 19, 2023, at the High-level Policy Roundtable on Central Bank Digital Currencies while discussing ‘The Role of the Public Sector in Money and Payments – A New Vision’ in Rabat, Morocco.
The International Monetary Fund (IMF) Managing director has recognized the role that Central Bank Digital Currencies (CBDCs) could play in increasing financial inclusion and making cross-border payments and remittances cheaper and quicker.
These remarks were made by Kristalina Georgieva, IMF Managing Director, on June 19, 2023, at the High-level Policy Roundtable on Central Bank Digital Currencies while discussing ‘The Role of the Public Sector in Money and Payments – A New Vision’ in Rabat, Morocco.
Palau Stablecoin Advances to Next Phase on XRPL, Transitioning from Island Paradise to Blockchain Frontier
The Republic of Palau and Ripple have taken a significant step toward the future of digital currency with the launch of their limited stablecoin pilot. The partnership began in 2021 and aimed to explore potential use cases for the Palau Stablecoin (PSC), linked to the U.S. Dollar, on the XRP Ledger (XRPL). The XRPL is a carbon-neutral variant of a blockchain using the so-called decentralized ledger technology known for its secure and private transactions, making it an ideal platform for settling and providing liquidity to tokenized assets.
The Republic of Palau and Ripple have taken a significant step toward the future of digital currency with the launch of their limited stablecoin pilot. The partnership began in 2021 and aimed to explore potential use cases for the Palau Stablecoin (PSC), linked to the U.S. Dollar, on the XRP Ledger (XRPL). The XRPL is a carbon-neutral variant of a blockchain using the so-called decentralized ledger technology known for its secure and private transactions, making it an ideal platform for settling and providing liquidity to tokenized assets.
Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up in the crypto world, is raking in significantly higher weekly fees. Here’s an insight into the leading blockchain networks and where users are truly shelling out for block space.
Bitcoin Proponents Discuss the 2 Leading Blockchains and Transfer FeesMany of today’s leading blockchain networks come with transfer fees, designed to motivate miners or validators to oversee and validate transactions, fortifying the network. Besides ensuring security, these fees deter spam, prioritize transactions, and cater to distinct economic policies based on each blockchain’s consensus guidelines.
In the Bitcoin realm, when miners discover a block, they’re rewarded with the fees associated with that particular block. There’s a prevailing sentiment that, for Bitcoin’s security to remain robust after multiple halvings, its fees might need an uptick.
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up in the crypto world, is raking in significantly higher weekly fees. Here’s an insight into the leading blockchain networks and where users are truly shelling out for block space.
Bitcoin Proponents Discuss the 2 Leading Blockchains and Transfer FeesMany of today’s leading blockchain networks come with transfer fees, designed to motivate miners or validators to oversee and validate transactions, fortifying the network. Besides ensuring security, these fees deter spam, prioritize transactions, and cater to distinct economic policies based on each blockchain’s consensus guidelines.
In the Bitcoin realm, when miners discover a block, they’re rewarded with the fees associated with that particular block. There’s a prevailing sentiment that, for Bitcoin’s security to remain robust after multiple halvings, its fees might need an uptick.
CoinDCX Unveils Unified Integrated App at Unfold 2023
The Unified app allows users to switch to ‘Pro mode’ within the CoinDCX app for advanced trading tools tailored to their preferences.
CoinDCX, India’s leading and most valued VDA company, is thrilled to announce the launch of its enhanced CoinDCX app, designed to cater to the diverse requirements of Indian crypto investors and traders. CoinDCX has seamlessly integrated the advanced features of its CoinDCX Pro app into the main app, allowing users to effortlessly switch to ‘Pro mode’ within the CoinDCX app for access to advanced trading tools tailored to their preferences. This updated app provides a secure, user-friendly, and compliant platform for trading in VDA’s.
The Unified app allows users to switch to ‘Pro mode’ within the CoinDCX app for advanced trading tools tailored to their preferences.
CoinDCX, India’s leading and most valued VDA company, is thrilled to announce the launch of its enhanced CoinDCX app, designed to cater to the diverse requirements of Indian crypto investors and traders. CoinDCX has seamlessly integrated the advanced features of its CoinDCX Pro app into the main app, allowing users to effortlessly switch to ‘Pro mode’ within the CoinDCX app for access to advanced trading tools tailored to their preferences. This updated app provides a secure, user-friendly, and compliant platform for trading in VDA’s.
SOL Price Analysis: Solana Rally Could Resume Above $60
Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could start a strong increase if it clears the $60.00 resistance.
Solana (SOL) Price AnalysisSOL price started a decent upward move from the $51.20 support zone. The price formed a base and was able to climb above the $53.50 and $55.00 levels.
There was a clear move above the 23.6% Fib retracement level of the downward move from the $68.18 swing high to the $51.28 low. Besides, there was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair.
Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could start a strong increase if it clears the $60.00 resistance.
Solana (SOL) Price AnalysisSOL price started a decent upward move from the $51.20 support zone. The price formed a base and was able to climb above the $53.50 and $55.00 levels.
There was a clear move above the 23.6% Fib retracement level of the downward move from the $68.18 swing high to the $51.28 low. Besides, there was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair.
DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition
On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and just do a flat tax.”
DeSantis Targets IRS Overhaul and Flat Tax in 2024 Presidential RaceIn a recent series of town hall gatherings, U.S. Republican presidential contender Ron DeSantis appeared alongside Nikki Haley, the former Republican Governor of South Carolina. At the CNN-sponsored event, DeSantis engaged with potential GOP caucus-goers and moderators, delving into a variety of national issues and sharing his presidential aspirations. Addressing the audience and CNN’s Kaitlan Collins, DeSantis reaffirmed his commitment to disband the U.S. federal tax authority, the IRS, articulating:
I would eliminate the IRS, have a single rate, and just do a flat tax — That would be the ideal tax system.
On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. residents. DeSantis declared to CNN’s Kaitlan Collins on Thursday, “I would eliminate the IRS, have a single rate, and just do a flat tax.”
DeSantis Targets IRS Overhaul and Flat Tax in 2024 Presidential RaceIn a recent series of town hall gatherings, U.S. Republican presidential contender Ron DeSantis appeared alongside Nikki Haley, the former Republican Governor of South Carolina. At the CNN-sponsored event, DeSantis engaged with potential GOP caucus-goers and moderators, delving into a variety of national issues and sharing his presidential aspirations. Addressing the audience and CNN’s Kaitlan Collins, DeSantis reaffirmed his commitment to disband the U.S. federal tax authority, the IRS, articulating:
I would eliminate the IRS, have a single rate, and just do a flat tax — That would be the ideal tax system.
Do Kwon’s Triumph: Montenegro Revokes His Extradition To U.S.
Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.
The appellate court of Montenegro accepted the appeal of Kwon’s defence lawyers in a panel session on Wednesday, according to a statement issued by the court.
The High Court of Podgorica initially made the decision to deport Kwon in December. However, his attorneys lodged an appeal a few weeks later, and he was allowed to remain in Montenegro while the appellate court heard the case.
Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.
The appellate court of Montenegro accepted the appeal of Kwon’s defence lawyers in a panel session on Wednesday, according to a statement issued by the court.
The High Court of Podgorica initially made the decision to deport Kwon in December. However, his attorneys lodged an appeal a few weeks later, and he was allowed to remain in Montenegro while the appellate court heard the case.
Ripple Price Analysis: Bulls Struggle To Start Fresh Surge
Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price must stay above the $0.580 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.6250 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7442 and the price recently corrected lower. There was a move below the $0.660 and $0.650 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5300 swing low to the $0.7442 high.
Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price must stay above the $0.580 support to remain in a bullish zone.
Ripple Price AnalysisThis past week, Ripple price saw a decent increase above the $0.6250 resistance against the US Dollar. The XRP/USD pair climbed above the $0.650 resistance to move into a positive zone.
The bulls even pumped the price above the $0.700 resistance. A high was formed near $0.7442 and the price recently corrected lower. There was a move below the $0.660 and $0.650 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5300 swing low to the $0.7442 high.
Bitgert Coin Expected by Analysts to See Startling 1800% Surge In The Future
Imagine a world where Bitgert (BRISE) is a symbol of advancement in cryptocurrencies, and innovation is the future. Ever since its modest inception on the BNB Chain in July 2021, Bitgert has been dedicated to transforming defi.
After starting as a unique venture, it has already achieved a market valuation of $117,517,319.05, with a current price of $0.000000305) per BRISE. The tokens in this cryptocurrency revolution have given early holders phenomenal, life-changing returns; none have done so more spectacularly than BNB’s astounding 521,351% increase since launch. This is comparable to the exchange-based cryptocurrency token Bitgert.
Imagine a world where Bitgert (BRISE) is a symbol of advancement in cryptocurrencies, and innovation is the future. Ever since its modest inception on the BNB Chain in July 2021, Bitgert has been dedicated to transforming defi.
After starting as a unique venture, it has already achieved a market valuation of $117,517,319.05, with a current price of $0.000000305) per BRISE. The tokens in this cryptocurrency revolution have given early holders phenomenal, life-changing returns; none have done so more spectacularly than BNB’s astounding 521,351% increase since launch. This is comparable to the exchange-based cryptocurrency token Bitgert.
Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering.
According to a Reuters report, the SEC will most likely withhold its approval for spot ETFs linked to the second-largest cryptocurrency. The regulator is set to decide on a raft of applications. The securities watchdog is expected to give its decision on applications issued by VanEck and Ark at the tail end of May.
Franklin Templeton Spot Ether ETF Added On DTCC Website, Fueling Hopes For SEC Approval
Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.
Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.
The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.
Franklin Templeton’s proposed spot Ethereum exchange-traded fund (ETF) has been listed on the Depository Trust & Clearing Corp.’s website with the ticker symbol EZET. This development indicates a possible signal that the U.S. Securities and Exchange Commission (SEC) could greenlight the ether ETFs.
Franklin Templeton’s Ether ETF Launched On DTCCThe Franklin Ethereum TR Ethereum ETF (EZET) is now listed on the DTCC — a key platform for securities transactions in the United States.
The Depository Trust & Clearing Corp.’s website’s “Create/Redeem” column lists EZET, signifying its availability for creation and redemption. The listing marks a preliminary step in the trading process, but it does not guarantee that the SEC will approve the spot Ethereum ETF.