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breaking : Donald   declares     with at least $1 million   Former U.S. President Donald Trump has provided new data abo...
17/08/2023

breaking : Donald declares with at least $1 million

Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded non-fungible tokens (NFTs), and the income it produced.

Donald Trump Declares Crypto Wallet With at Least $1 Million in Ethereum
The frontrunner for the 2024 Republican presidential nomination who hopes to win a second non-consecutive term in the White House, Donald Trump, has filed a new disclosure as a candidate which reveals various sources of income that can help him fund his campaign.

Among the major ones are businesses and properties like a company in Miami that owns golf courses and a resort valued at more than $50 million which has generated $145.8 million in income in 2022 and through the end of April of this year, Bloomberg noted in a report.

Federal candidates in the U.S. are required to disclose the value of certain assets and some types of income in broad ranges. These include dividends, capital gains, interest, rent, and royalties, for example. Income from some other sources, such as salaries and speaking fees, must be disclosed in exact amounts.

Trump’s filing shows that a company which made $9.7 million by licensing his image on non-fungible tokens (NFTs), CIC Digital LLC, held a cryptocurrency wallet with at least $1 million in ethereum (ETH), which produced income of $2.8 million.

In a previous disclosure in July, Donald Trump declared that CIC Digital’s wallet had no more than $500,000 and generated no income. At the time, the firm also had a fiat bank account with less than $1,000 in the balance.

The NFTs called Trump Digital Trading Cards, which depict America’s 45th president as numerous characters, including Superman, were launched in December, last year, when the first badge was sold in a matter of hours.

Unlike other hopefuls to become the Republican Party’s presidential nominee, like Florida Governor Ron DeSantis and Vivek Ramaswamy who have been more positive towards cryptocurrencies, Donald Trump has not been keen to embrace bitcoin and the like. During his presidency, he once stated that their value is based on thin air.

breaking : British   users will find their ability to acquire   assets curtailed post-October 1, 2023.   Paypal Pauses U...
16/08/2023

breaking : British users will find their ability to acquire assets curtailed post-October 1, 2023.

Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024

In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free to liquidate their digital holdings whenever they wish.

Paypal Temporarily Halts UK Cryptocurrency Buys
British Paypal users will find their ability to acquire digital currencies curtailed post-October 1, 2023. This temporary measure, as highlighted in an email to U.K. customers, is set to last until sometime in the early part of 2024, with the company assuring, “We expect to re-enable crypto purchases in early 2024.”

This development trails Paypal’s introduction of a stablecoin, PYUSD, anchored to the U.S. dollar’s value. To reflect on the timeline, Paypal had unveiled its crypto services in the U.K. in August 2021, with a full-fledged deployment by September. From that juncture, users could transact in four diverse digital currencies.

The catalyst behind this interim cessation? Paypal cites the “new rules enacted by the UK Financial Conduct Authority (FCA) that require crypto firms to implement additional steps before customers can purchase crypto.” The digital payment juggernaut elaborated, “While we work to satisfy these new regulations, you won’t be able to buy crypto using Paypal.”

Emphasizing its stringent adherence to regulatory frameworks, Paypal added:

We remain deeply committed to our compliance obligations and Paypal consistently works closely with regulators around the world to adhere to applicable rules and regulations in the markets in which we operate.

Though the email remains non-committal on a specific restart date, Paypal expressed its regret for the potential inconvenience. The company reassured its U.K. customer base, promising to alert them once the service is back in action, enabling them to dive back into crypto acquisitions.

🇸🇻 El Salvador President on embracing  📷: "I really, really want to say “I told you so”
15/08/2023

🇸🇻 El Salvador President on embracing 📷: "I really, really want to say “I told you so”

WHAT DO YOU SAY?
15/08/2023

WHAT DO YOU SAY?

07/08/2023

Elon Musk says his fight against Mark Zuckerberg will be live-streamed on X (Twitter), and "all proceeds will go to charity for veterans."

What type of   market are we in?
27/07/2023

What type of market are we in?

24/07/2023

X would become half of the global financial system.

Twitter’s X To Become Half of the World’s Financial System: Elon Musk
Elon Musk is all set to rebrand Twitter’s iconic blue bird logo into X. The reshaping of the social media giant could also integrate payment systems across the world. Users might be able to send and receive money through Twitter’s X, hinted the billionaire in a recent interview.

Musk is bullish on X and forecasted that the payment integration could become half of the global financial system. However, he cautioned that its success could be possible only if things fall into place as planned and are done right.

breaking : current figures reveal a total of over 3.46 million   has been burned since the network's London hard fork.  ...
16/07/2023

breaking : current figures reveal a total of over 3.46 million has been burned since the network's London hard fork.
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of over 146,000 ethereum every month.

Ethereum Has Burned 3.46 Million Ether in 710 Days
Nearly two years — precisely 23 months — have zipped by since the enforcement of Ethereum’s London hard fork, marking the implementation of Ethereum Improvement Proposal (EIP) 1559. This significant change has led to the continuous burn of the base fee portion of a transaction fee on the Ethereum network, around the clock, each day.

Current figures reveal a total of over 3.46 million ether has been burned since the London hard fork. Given the prevailing ETH exchange rates, the overall worth of the obliterated ether adds up to $6.68 billion. This equates to a monthly average of more than 146,000 ether being destroyed since EIP-1559 came into effect.

To give a sense of scale, the sum of $6.68 billion worth of ether burned could enable a person to purchase roughly 19,085 single-family homes, each estimated at an average price tag of $350,000. EIP-1559 paved the way for a deflationary technique in Ethereum, steadily diminishing the total ETH supply.

Regular ETH transfers have contributed most significantly to the Ethereum reduction, incinerating nearly 300,000 ETH. Opensea’s non-fungible token (NFT) transactions have witnessed over 230,000 ether burned, while Uniswap v2 has led to the destruction of close to 200,000 ether.

Transactions involving Tether have wiped out over 150,000 ETH, and combined, Uniswap v3 and v1 have caused the burning of more than 200,000 ETH. At the time of writing, an estimated 120,201,621 ETH is making its rounds in circulation, holding a worth around the $232.53 billion mark.

SOOURCE : BITCOIN COM

Let's settle this once and for all...
15/07/2023

Let's settle this once and for all...

BREAKING: Coinbase to relist Ripple $XRP.  Coinbase is officially deciding to re-list Ripple XRP, according to an offici...
13/07/2023

BREAKING: Coinbase to relist Ripple $XRP.
Coinbase is officially deciding to re-list Ripple XRP, according to an official announcement from the exchange. “Coinbase will re-enable trading for XRP (XRP) on the XRP network,” an official tweet from Coinbase reads.
According to the latest ruling of the ongoing Ripple, a US judge officially ruled earlier today that Ripple XRP is not a security. The ruling has finally put an end to the ongoing battle between XRP and the SEC. Since the ruling, XRP is seeing its price surge by over 30%.
Following the favorable outcome for Ripple in its case vs the SEC, XRP is gaining the attention of prominent exchanges. Crypto exchange Gemini has also expressed that the exchange is exploring the listing of XRP for both spot and derivatives trading. Coinbase appears to be the first exchange to re-list Ripple’s XRP however. More exchanges may decide to re-list the cryptocurrency soon.
source : watcherguru

The "US dollar will die.   to $120k next year" – Rich Dad, Poor Dad author
11/07/2023

The "US dollar will die. to $120k next year" – Rich Dad, Poor Dad author

HODL   ✊
09/07/2023

HODL ✊

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