Central Bank of Brazil Rebrands CBDC to ‘Drex,’ Launch Expected by 2024 The Central Bank of Brazil has issued a press release revealing details about “drex,” the Brazilian central bank digital currency (CBDC) formerly known as the digital real. The bank explained the need for a rebranding and detailed how it might revolutionize transactions with digital contracts for real estate and vehicles. Drex is expected to be launched next year. Central Bank of Brazil Rebrands Digital Real to DrexThe Central Bank of Brazil has revealed the reasons behind the rebranding of the Brazilian central bank digital currency (CBDC), formerly known as the digital real, to drex. In a press release issued last week, the bank reported the new name was an acronym for “Digital Real Electronic,” with the X representing “modernity and connectivity.”

Big Blow To Crypto As Nasdaq Scraps Plans To Enter Custody Business Amid U.S. Regulatory Turmoil Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision. The service was scheduled to go live in the second quarter of this year. The sudden reversal of the custody plans marks a notable setback to the institutional adoption of crypto in the U.S. Nasdaq Halts Plan For Institutional Crypto Custody ServiceCEO Adena Friedman announced that Nasdaq has dropped its plans for a Bitcoin custody service during the company’s Q2 results call. “This quarter, considering the shifting business and regulatory environment in the United States, we have made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue relevant license,” Friedman indicated.

Bloomberg Macro Strategist Says US Bonds Sucking Liquidity Out of Crypto and Risk Assets – Here’s His Outlook Bloomberg Intelligence’s senior macro strategist Mike McGlone says that one major factor has him bearish on the crypto markets. In a new interview with crypto analyst Scott Melker, McGlone says that the high interest rates currently offered on US Treasury Bills (T-Bills) is sucking liquidity out of the crypto markets. T-bills are short-term government debt obligations sold at a discount, the difference between the purchase price and the face value being accrued interest. Four-week to one-year T-Bills have recently been auctioned off with more than 5% interest. He also says one indicator of a liquidity drain is the declining market cap of stablecoins.

‌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

Merov announces launch of its comprehensive suite of services for the Bitcoin mining industry Merov is pleased to announce the introduction of its full range of services created specifically for the Bitcoin mining sector. Merov Hosting, Rejuvit Systems by Merov, and Merov Marketplace are a few of the services in the suite that each address a requirement for the bitcoin mining sector. Montana L. Dukes, Founder and Chief Executive Officer of Merov said: “As a pioneer in the industry, we are excited about the opportunities these services present, and we look forward to continuing to innovate and provide exceptional services to the Bitcoin mining community.”

Governor Kristi Noem Vetoes Central Bank Digital Currency Bill Republican governor Kristi Noem of South Dakota has vetoed a bill that would have established a central bank digital currency (CBDC) as a legitimate form of money without recognizing assets like BTC and Ethereum. Kristi Noem Shoves the Bill AsideIn a recent statement, Noem commented: At this moment in time, such a government-backed electronic currency has not yet been created. More importantly, South Dakota should not open the door to a potential future overreach by the federal government.

FTX Used Hodgepodge of Apps To Manage Billions of Dollars in Assets, Including Crypto: New Court Filing Collapsed crypto exchange FTX used a “hodgepodge” of “non-enterprise solutions” to manage its billions of dollars in assets, according to a new bankruptcy filing. FTX CEO John J. Ray III, who replaced disgraced founder Sam Bankman-Fried, notes in a new report filed with the U.S. Bankruptcy Court for the District of Delaware that none of the FTX Group companies employed an “appropriate” accounting system.

MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VTV accused MinePlex of illegal activities. “We are saddened and disappointed that such a major Vietnamese TV channel has neglected the basic principles of journalism and didn’t verify and clarify the content before publishing subsequent articles that caused confusion, affecting our honor and reputation. MinePlex has full legal bases and operating conditions,” said a spokesperson for the company.

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030 Ark Invest, the American asset management firm launched by Cathie Wood, presented its take on the future of finance and blockchain technology in its Big Ideas 2023 report. Aside from crypto, the report discussed various exciting technologies, including Molecular Diagnostics, Artificial Intelligence, and the technological convergence of Public Blockchains with other fields that could put the platforms on the road to a $200 trillion valuation by the end of the decade. Bitcoin Is Likely To Scale Into A Multi-Trillion Dollar MarketCathie Wood has been vocal in her support for Bitcoin. The recent downturn in the crypto market failed to deter her confidence in the flagship cryptocurrency. The report by her firm stated that the crypto winter elevated Bitcoin’s value propositions as a decentralized alternative, by shedding a light on the role of centralized counterparties in the crypto contagion. We believe Bitcoin’s long-term opportunity is strengthening. Despite a turbulent year, Bitcoin has not skipped a beat. Its network fundamentals have strengthened and its holder base has become more long-term focused.”

DOJ Investigating $372,000,000 That Disappeared From FTX Shortly After Bankruptcy: Report The U.S. Department of Justice (DOJ) is reportedly investigating a $372 million hack on the bankrupt crypto exchange FTX. Bloomberg Law, citing an anonymous “person familiar with the case,” reports that federal prosecutors have opened up a separate criminal probe into the alleged hack.

US DOJ Seizes 7 Seven Domain Names Used in “Pig Butchering” Crypto Schemes The U.S. Attorney’s Office for the Eastern District of Virginia has seized seven domain names used in committing “pig butchering” cryptocurrency crimes. According to a Monday statement by the Department of Justice, the crimes have been running from as far back as August 2022, when scammers defrauded five victims in the U.S. using domains spoofed to look like those of the Singapore Monetary Exchange. “Pig butchering” is a scheme where scammers lure victims on dating apps and social media websites or by sending random messages masquerading as a wrong number. Once trust is established, a victim(pig) is redirected to fraudulent cryptocurrency investment platforms, where they are persuaded to invest before siphoning their funds. This scheme operates along similar principles with traditional scammers who convince victims to invest small amounts into crypto over time before stealing that assets-fattening the pig before butchering it.

EOS Price Analysis: Risk of More Losses Below $1 EOS price is struggling below $1.10 against the US Dollar, similar to bitcoin. The price remains at a risk of a sharp decline below the $1.00 support. EOS Price AnalysisThis past week, EOS price started a fresh decline below the $1.10 zone against the US Dollar. The price traded below the $1.05 and $1.00 levels to enter a bearish zone. The pair accelerated lower below the $1.00 support zone and settled well below the 55 simple moving average (4-hours). The recent low was formed near $0.9411 before the price started an upside correction. There was a move above the $1.00 resistance zone.

Crypto Analyst Warns To Stay Cautious on Bitcoin As Inflation Data Puts Pressure on BTC A leading crypto analyst is warning his followers about possible Bitcoin (BTC) pitfalls as inflation data puts the pressure on the king crypto. In a new strategy session, crypto trader Benjamin Cowen tells his 768,000 YouTube subscribers that core inflation is accelerating.

Under-the-Radar Altcoin Soars After Surprise Coinbase Roadmap Listing A low-cap, decentralized finance (DeFi) altcoin is surging after top US-based crypto exchange Coinbase added it to its listing roadmap. Coinbase announced OOKI, the native asset of the Ooki Protocol, was added to the roadmap on Friday.

‌Get a piece of NFT land in the Crypto Soul World metaverse! Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

FREE NFT GIVEAWAY! Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community. Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet. Right now the price of a token is only $0.01 and continues to rise due to high demand. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

Get a free NFT land in the new metauniverse RIGHT NOW! Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance. CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch. When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched! Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants. The metauniverse is scheduled to launch on September 1.

2022 Cryptocurrency Acquisitions Are Coming to a Halt The cryptocurrency space is plunging, and this is putting a huge damper on the plans of many bitcoin and blockchain-related companies across the globe. Cryptocurrency Mergers May Not Be Going Through2022 was set to be the year of cryptocurrency acquisitions. There were 42 acquisitions scheduled to occur over the next several months, but now it looks like these mergers aren’t happening given that the cryptocurrency arena continues to show signs of degradation and downgrading. It’s a sad sight, and one that really puts the future of the space in question. With no mergers set to occur for the next six months at least, how can the industry grow, and without said growth, how can the digital currency space reach mainstream status?

Creating Utility for Tokenized Derivatives of Proof-of-Stake (PoS) Assets Is Critical for DeFi’s Growth Two significant events define the growth of crypto and the broader blockchain-powered industries. The first is the emergence of decentralized finance (DeFi), underpinned by blockchain-based digital assets. DeFi quickly became an alternate financial system that facilitates global accessibility and superior financial infrastructure. And today, this new financial system has over four million unique users and is worth over $200 billion.

Coinweb is one of the most promising projects Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

RBI’s Informal Pressure Led to Suspension of Coinbase Trading Services in India: Brian Armstrong Coinbase Co-founder and CEO Brian Armstrong has said that “informal pressure” from the banking sector regulator led to the halting of his company’s trading services in India just within three days of its launch. Speaking at the Q1 2022 earnings call with top Coinbase executives and financial sector analysts on May 10, Armstrong asserted that the company will re-launch in the Indian market soon. “So a few days after launching, we ended up disabling UPI because of some informal pressure from the Reserve Bank of India, which is kind of the Treasury equivalent there,” he explained, blaming for the company’s failure to continue with the business on the central bank – the Reserve Bank of India.

Bored Ape Yacht Club NFT Trade Volume Up 176% in 24hrs as Total Market Cap hits $996M Quick take: The 24-hour trade volume of Bored Ape Yacht Club NFTs has risen by 176% in the last 24 hoursThe total market capitalization has hit $996 million at the time of writingThe floor price of Bored Ape Yacht Club NFTs has hit 109.5 EthereumThe popularity of Bored Ape Yacht Club continues to grow, as demonstrated by Coinbase planning to create a film trilogy on the NFTsEpisode one of ‘The Degen Trilogy’ will be released in June of this yearBored Ape Yacht Club NFTs continue to reach new heights in trade volume, total market capitalization, and floor price. According to the team at WuBlockchain, the 24-hour trade volume of the Bored Ape Yacht Club series of NFTs has risen by 176%. Furthermore, 6,419 addresses now hold Bored Ape Yacht Club NFTs. Additionally, the total market value of the BAYC NFTs has hit $996 million, with the floor price stable at 109.5 Ethereum.

Bank Of Canada Partners MIT To Take CBDC Research A Step Further Canada’s central bank has disclosed that they will be working with the Massachusetts Institute of Technology (MIT) to extend their CBDC research. However, the Bank has revealed no intention to launch a CBDC. A Year-Long ResearchIn a press release yesterday, the Bank of Canada, the country’s apex bank, announced that they would be working with MIT to explore the potential of blockchain technology in developing a CBDC. The Bank of Canada’s statement revealed that the research would go on for 12 months. The Bank, in the statement, revealed that it would be an extension of the research carried out by the institution’s Digital Currency Initiative (DCI). According to the press release, the Bank reported that the collaboration would “help inform the Bank of Canada’s research effort into CBDC.”

Clesson Co. Ltd: The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in the industry. eBest Investments and Securities, a leading South Korean asset management firm, and Groom Investments, an early-stage investment fund, have indeed committed the aforementioned amount in equity funding to Clesson Co., Ltd, the parent company of LABEL Foundation as part of a new collaboration. The freshly collected funds, according to the LABEL team, will expedite the construction of the MOOC and music NFT infrastructure and attract more skilled IP holders into the platform.

DotArcade Announces IDO launch on January 12 Hochiminh City, Vietnam / DotArcade, one of the most awaited NFT “Empire” games announces the launch of IDO on January 12, 2022 on Gamestation, and on January 15, 2022 on lauchpads: Koistarter, Onus, BSCstation. DotArcade is the first game mix between Arcade and Moba game genre. While hundreds of other NFT games are following the “old” turn-base and click-to-earn path, the Real-time strategy game – Dot Arcade – is considered to be one of the most anticipated games in 2022.

Grayscale: Most Crypto-Owning Americans Only Started Investing in 2021 2021 saw many Americans jumping into the crypto space. In fact, according to a new report from Grayscale Investments, more than half of Americans owning crypto began trading just this year. Grayscale Issues New Report Detailing Crypto OwnershipIt can be said for many reasons that 2021 was the era of crypto. One of the main reasons is because assets like bitcoin and Ethereum hit all-time highs, with the former reaching $68,000 per unit in November and the latter spiking to about $4,700 per unit. In addition, this was also the year in which a bitcoin ETF was unleashed on the public. While it is based on futures technology rather than physical bitcoins, many analysts and traders believe this is a solid step forward for the crypto arena. Interest has really grown this year per data from Grayscale. As many as 1,000 individuals were surveyed between the ages of 25 and 64. Approximately 55 percent of the holders said that they garnered their first crypto sometime this year, while only about 26 percent of the participants said that they had held crypto units prior.

Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here’s Why Shiba Inu (SHIB) could be in for some rough times ahead, says Mike McGlone, Bloomberg Intelligence senior commodity strategist. In the latest edition of the Bloomberg Crypto Outlook, McGlone refers to the popular memecoin as a “Dogecoin wannabe” and “an example of excesses among 13,000 cryptos.” SHIB made headlines in recent months due to jaw-dropping gains. The 11th-ranked crypto asset by market cap is trading at $0.000057 at time of writing, up a staggering 74,142,662.9% in the past year. However, SHIB has dropped 19.5% in the past month.

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​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI. 💵💵💵 Closed deal FTM/USDT Open: $0.26867, 06.08.2021 Close: $1.3955, 08.09.2021 Profit: +419.41% Duration: 33 days 💵💵💵 What Is FTM? Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019. The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself. Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts. The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms. Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.” Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents. Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.

The Merge: Ethereum’s Core Developers Met In Person To Assess Proof-of-Stake Transition Ethereum is taking the first big leap towards its second iteration that will see it transition to the sustainable proof-of-stake consensus mechanism. Core developers converged from every corner of the globe to lay the building blocks. The Merge In GreeceOver the last week, around 40 developers from Eth1 and Eth2 met at an undisclosed location in Greece to create a multi-client merge devnet. Those in attendance included individuals from the Ethereum Foundation and ConsenSys, all working in unison. The task was accomplished as “three execution clients and four consensus clients nicely transitioned together from proof of work to proof of stake,” according to Ben Edgington, a top Ethereum developer. He noted that although it was a big win for the community and the beginning of the end for Proof-of-Work, “things are expected to go awry in the short term”.

Coinbase Says Malicious Actors Stole Crypto From at Least 6,000 Traders This Year Crypto exchange Coinbase says that bad actors have stolen crypto assets from at least 6,000 traders this year. In a letter posted on the California Attorney General website, Coinbase says hackers took advantage of a flaw in the exchange’s SMS Account Recovery process to receive an SMS two-factor authentication token and gain access to the funds, which they then transferred to wallets unassociated with the exchange. The hackers had previously secured e-mail addresses, passwords, and phone numbers associated with the impacted accounts, according to Coinbase’s letter. Coinbase claims no evidence has been found suggesting that personal information was taken from the exchange itself.

US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen. US Government Targets Crypto Exchanges in Ransomware FightThe U.S. Treasury Department announced a set of actions to counter ransomware Tuesday, which include the publication of an updated advisory on ransomware and the addition of entities to the Office of Foreign Assets Control (OFAC)’s list of Specially Designated Nationals.

Ukraine Regulates BTC, Gives Crypto an Official Green Light Ukraine is now the latest country in the world to legalize and regulate bitcoin and cryptocurrency. Up until this point, the world’s number one digital asset has existed in something of a gray space within the country’s borders, but now it looks like the nation is moving forward with BTC use, suggesting that the asset is becoming far more mainstream and legitimate. Ukraine Says “Yes” to CryptoThe Parliament of Ukraine voted unanimously to not only permit bitcoin activity, but to implement the appropriate regulations to ensure malicious activity doesn’t bring the country down. The bill was first introduced in the year 2020, and now it looks like administrators have moved forward in making it law. Until the passing of the bill, individuals could potentially trade and invest in cryptocurrencies, though any companies that worked or delved in blockchain and digital assets wound up getting the stink eye from the Ukrainian government. They were put under very close scrutiny and were made to feel rather unwelcome.

Cloud-based blockchain platform SIMBA Chain raises $25M in Series A funding SIMBA Chain, a platform to develop and deploy decentralized applications (dApps) across many blockchains, announced today it raised $25 million in a Series A round led by Valley Capital Partners. A startup incubated at the University of Notre Dame, SIMBA Chain offers a simple, time and energy-efficient method for deploying blockchain technology in the most secure and complex environments.

​​One more great deal in August. Low risk. Huge profit. Everything as we love. 💵💵💵 Closed deal IOTX/USDT Open: $0.021736, 04.08.2021 Close: $0.070366, 24.08.2021 Profit: +223.73% Duration: 21 days Briefly about the instrument: IoTeX is the decentralized backbone for machine economics which serves machines ranging from smart home devices to autonomous vehicles. To this end, IoTeX has built and launched a fast, high-performance, and EVM-compatible blockchain that provides flexibility and scalability for various applications. Also, middlewares and Dapps are built on top of the blockchain to bring self-sovereign devices and real-world oracles into reality. IoTeX has several mechanisms that ensure the privacy of users and transactions. Some of these are ring signatures and the reliable payment code that hides the transaction receiver’s address. Delegated proof-of-stake works by having stakeholders vote for the block producers on the network. The number of block producers is set and once they are elected, they are responsible for adding new blocks to the blockchain. For doing it, they receive rewards that they can distribute to the stakeholders who voted for them, incentivizing block producers to continue working and stakeholders to continue voting for block producers. This is a very promising project with a strong and experienced development team. Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.

Blockchain platform Fleta set to launch its new cross-chain ‘Converter’ service Today, the team of blockchain infrastructure platform Fleta, announced that its Fleta Converter will be launched on September 15th. Fleta Converter is a bridge service for freely sending cryptocurrency assets to other networks, utilizing Fleta’s cross-chain technology ‘Gateway‘ system. Currently, many users feel uncomfortable when sending crypto-assets to DeFi services across different networks. Fleta Converter facilitates users in managing various DeFi services more efficiently.

​​Great deal from the first half of August. Very fast, very profitable. 💵💵💵 Closed deal DENT/USDT Open: $0.00231274, 04.08.2021 Close: $0.00462374, 13.08.2021 Profit: +99.92% Duration: 9 days Briefly about the instrument: Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data. Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location. Subscribe to @TrendGuruBot and earn hundreds of percent in any market conditions.

Not sure what to do with ERC-20 tokens of failed projects? Project iQuantXchange (https://iquant.exchange) swap ERC-20 tokens of failed projects for IQX token. The startup has been around for over a year, and during that time it has established itself as a stable platform for swapping worthless tokens for the promising IQX token, which will become the utilitarian token of their new exchange service. The iQuantXchange will distribute all proceeds from transaction fees to all IQX token holders and is potentially a very powerful investment tool. So powerful, in fact, that some users are buying tokens from failed projects to exchange them for IQX. To participate in this swap you just need to go to their website https://iquant.exchange, go to Swap Rate Checker section and enter the token you want to get rid of. You will be shown the exchange rate. Then just register and make the exchange. Get answers to questions about this project you can here:

iquantx.medium.com

or in the project's Telegram group @iQuantX

EOS Price Analysis: Turns Attractive Above $5 EOS price is showing positive signs above $4.60 against the US Dollar, similar to bitcoin. The price must clear $5.25 for more gains. EOS Price AnalysisThis week, EOS price saw a decent increase above the $4.20 resistance zone against the US Dollar. The price broke the $4.50 resistance level and the 55 simple moving average (4-hours) to move into a positive zone. The price even spiked above the $5.00 level, but there was no upside continuation. A high is formed near $5.08 and the price is now consolidating gains. An initial support on the downside is near the $4.92 level. It is near the 23.6% Fib retracement level of the recent increase from the $4.41 swing low to $5.08 high.

​​​​​​​​​​​ Some really interesting news about TrendGuru AI project has been popping up in many crypto related media in the last few days. It looks like Artificial Intelligence has started a revolution in the crypto market! TrendGuru AI - a very old project in the field of market data analysis, announces revolutionary results and finally goes public. This is bound to be a game changer in the cryptocurrency markets. The best AI analytics is now available to everyone with @TrendGuruBot. «After 6 years of developing and testing our artificial intelligence on our deposits, we are ready to present you the latest and greatest version of our robot. It is an artificial intelligence bot that provides high-profit and low-risk signals for trading in cryptocurrency markets. The technology is based only on pure mathematics and the latest developments in the field of self-learning systems. Simply following the instructions of the system will allow you to consistently receive three-digit returns every year.» Read more in TrendGuruAI channel and earn hundreds of percent even in a falling market! Definitely recommended!

Here’s the Worst Case Scenario for Bitcoin in the Short Term, According to Trading Veteran Tone Vays Veteran crypto trader and analyst Tone Vays is unveiling his worst-case scenario for Bitcoin in the short term. In a new strategy session with on-chain analyst Willy Woo, Vays says that with Bitcoin’s recent piercing of the $42,000 level, he’s less convinced of a significant move down for BTC as he expects the king crypto to rally to a new all-time high. “I still think that there will be a little bit of a pullback. At first, I thought the pullback would go as low as $35,000 at its worst-case scenario, before getting up to new all-time highs. Now that we’ve made it all the way to $42,000 and change, I think the pullback should go no lower than $37,500 before coming back to the forties and eventually breaking out of it sometime in August or early September. That’s basically my overall view on Bitcoin.” Vays’ perspective is a tweak on his previous prediction where the crypto analyst initially expected a “capitulation day” for Bitcoin, where BTC would print a new 2021 low. Now, Vays thinks the June 21st low of $28,675 won’t likely be seen again as long as Bitcoin reclaims the $42,000 level.

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