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The Solana blockchain, known for its high-speed transactions and potential to revolutionize Web3, faces a stark reality:massive financial losses. According to their latest financial statements, Solana is currently burning through over $100 million every month just to keep the lights on.Solana’s Financial StatementDecember paints a particularly worrisome picture. With expenses ballooning to $136 million and net earnings plunging into a staggering -$134 million deficit, the sustainability of the platform has become a crucial question for developers and investors alike.$SOL Several factors contribute to this alarming financial outlook. Keeping Solana's network of validators running remains highly expensive, and efforts to maintain its famously low gas fees add further strain. This confluence of high operational costs and limited revenue streams places immense pressure on the blockchain's long-term viability.

Network validators and the Terra Classic community's L1 Task Force (L1TF) have persisted in finding solutions to return $USTC to its dollar peg. A fresh proposition that they have put out as part of their efforts is now being voted on.
A New Proposal Involves the Burning of 800 Million US Dollars in Crypto
The community is planning to burn 800 million USTC tokens in a "legally absolved route" in their most recent proposal (Proposal 11927). The Luna Classic treasury, which is stored in the Risk Harbor Multisig Wallet, is where the money that are being offered for burning really originate from.
Risk Harbour confessed to having misplaced the keys to the Multisig wallet, which led to the thought of burning these monies. This led them to the conclusion that the wallet should be blacklisted. On the other hand, many in the community think that burning these tokens would be the best course of action, given the enormous quantity of USTC that might be burned and the subsequent increase in token value.
Earlier, the community has suggested burning 800,000,000 USTC through an Update to the Terrad Client. Unfortunately, many validators choose not to vote, hence the proposition did not succeed. According to LUNC validator Lunanauts, the validators he contacted with were hesitant to vote because to concerns about potential legal consequences associated with modifying their nodes' code to destroy the money.

As an alternate, this most recent suggestion was put up since validators won't have to update their node code for the burn to happen. Since validators are "legally absolved" via this way, Lunanauts may think this idea should go through without any problems. Its effect is identical to that of the original plan.
From the looks of the vote thus far, the LUNC validators are still unconcerned with the most recent proposal. Only 8.67% of the total votes have been cast, according to the voting forum data. It is worth noting that 48.31% of the votes cast so far have been marked as "abstain," indicating that they are neither explicitly supporting or opposing the candidate.
There is still time for the proposal to fulfill the pass threshold; voting concludes on December 27, which is great news for the Terra Classic community. Also, considering that 50% is the pass criterion, the fact that just 5.63% have voted "No" is encouraging. Nevertheless, 40% of the total votes are still required to meet the quorum.
#USTC #LUNC #TerraLunaClassic

Is ORDI the heir to Bitcoin's throne? That's the million-dollar question (or, you know, the million-satoshi question) on everyone's mind. Both coins have limited supplies, just like your grandma's secret cookie recipe (scarcity = value, remember?). But which one will be the next big thing?But before we move forward, kindly hit the follow button to be notified whenever I make a new post or article! It's like having your own personal crypto sherpa guiding you through the mountains of information 🏔️.Similarities:1. Limited Supply:Both Bitcoin (BTC) and ORDI have capped supplies, meaning there will only ever be a certain number of coins in circulation. BTC has a max supply of 21 million, while ORDI has a slightly lower cap of 20.21 million. Think of it like a limited edition sneaker collection - the fewer there are, the more valuable they become! 👟💰2. Decentralized:Both rely on the power of the blockchain, a fancy way of saying they're not controlled by any one person or institution. It's like a digital democracy where everyone has a say! ✊Differences:1. Technology:Bitcoin's the OG, the granddaddy of crypto. It uses a tried-and-tested technology called Proof-of-Work (PoW) to secure the network. Think of it as miners using muscle power to keep the blockchain safe. ORDI, on the other hand, is a newcomer on the block. It uses a newer technology called Proof-of-Stake (PoS), which is like letting your money do the heavy lifting by holding coins instead of mining them. PoS is generally considered more energy-efficient, which is like using a solar-powered lamp instead of a gas guzzler to light your way ☀️⚡️.2. Use Cases:Bitcoin is primarily seen as a store of value, like digital gold. You can hold it and hope it increases in price over time. ORDI, however, has bigger ambitions. It aims to be a platform for building decentralized applications (dApps) on top of the Bitcoin blockchain. Think of it as Legos for crypto, where developers can build all sorts of cool things like marketplaces, games, and social media platforms ️.The Verdict:Predicting the future is always tricky, even for a crypto genius like myself. ORDI has some exciting features and ambitions, but it's still a young project with a lot to prove. Bitcoin, on the other hand, is the king of the castle, but its technology might not be as future-proof as some newer contenders. ‍♀️The bottom line? Both ORDI and BTC have their strengths and weaknesses. The best choice for you depends on your individual goals and risk tolerance. Do you want the tried-and-true king, or are you willing to gamble on the up-and-coming challenger?👍 Don't forget to like, share, and drop your thoughts in the comments! What do YOU think? Will ORDI dethrone Bitcoin? Let's hear it!P.S. Stay tuned for more crypto insights! I'm always digging for the latest nuggets of information to keep you informed and entertained.Remember, investing in crypto involves risk, so always do your own research before making any decisions. ⚠️

Hello, Binance Enthusiasts! 🌐 It’s Linkan here, diving into the exciting world of BRC20 tokens. These tokens represent a significant innovation on the Bitcoin blockchain, and with their growing popularity, it’s essential to understand their potential and unique characteristics. So, let’s explore! 🔍💡Understanding the BRC20 Token Standard:What Are BRC20 Tokens? 🤔BRC20 tokens are a novel development on the Bitcoin blockchain, mirroring Ethereum’s ERC-20 tokens but tailored for Bitcoin’s architecture. Utilizing the Ordinals protocol, these tokens are created by inscribing data onto satoshis, the smallest unit of Bitcoin. This innovation expands Bitcoin’s functionality to include both fungible and non-fungible tokens, offering a diverse range of applications from NFTs to various cryptographic tokens .How They Function ⚙️:The Ordinals protocol allows unique identifiers to be assigned to each satoshi, enabling content like text, images, or videos to be “inscribed,” thus creating NFTs and fungible tokens on the Bitcoin blockchainSpotlight on Prominent BRC20 Tokens:1. ORDI 🌐: • Use Case: As a trailblazing memecoin, ORDI exemplifies the capabilities of the Ordinals protocol in embedding diverse data into satoshis. It signifies the advent of Bitcoin-based NFTs and tokens, broadening Bitcoin’s utility • Market Impact: Gaining popularity as a token that represents new possibilities on Bitcoin, ORDI saw substantial price growth post its exchange listings, highlighting the demand for such innovative tokens2. SATS BRC-20 🛠️: • Functionality: SATS BRC-20 innovatively facilitates the creation of fungible tokens. It’s part of the Ordinals-driven movement and represents an experimental advancement in Bitcoin’s asset diversity - Challenges and Community Response: The release of SATS BRC-20 spurred debates about Bitcoin’s transaction fees and its implications for Bitcoin’s original vision3. MUBI, TRAC, BASB, ALEX: • Potential Roles: The specific details and use cases of MUBI, TRAC, BASB, and ALEX as BRC20 tokens which can be searched more and possibly I will back to you if I see something interesting and worth to mention with another article/post. However, their existence under the BRC20 standard suggests potential for diverse applications, from digital media to supply chain management, community engagement, or financial instruments.The Road Ahead for BRC20 Tokens 🛣️:The BRC20 ecosystem, currently dominated by innovative meme coins, holds vast potential for a wide array of applications. As the technology behind these tokens matures, we may see an expansion in their use cases, possibly encompassing decentralized finance, digital collectibles, and beyond.Embracing the Future with Caution 🚨:While BRC20 tokens offer exciting possibilities, they come with inherent risks due to their experimental nature. It’s crucial for investors and enthusiasts to approach these tokens with due diligence and informed decision-making.Stay tuned as we continue to navigate the evolving landscape of cryptocurrencies and blockchain technology! 🌍💫🔮Hashtags for Binance Square Engagement: • #BRC20Tokens #BRC20Tokens #CryptoTrends2024 #ORDI #SATS Please note that this is not a financial advice. Please do your own research.

Some of the craziest returns of 5X, 10X, 50X, or even more are achieved by people who find new coins early on-chain and hold them as they explode in growth.
Here’s how you can start researching and finding these coins for yourself 👇🏼

Finding New Coins
There are a few key metrics to look at to determine how early you are to a coin:

-Market Cap:
This is the most important metric to check as it directly affects how much room for future growth a coin has. With new high risk / high reward coins, you are going to be looking for gains of multiple Xs.
If a coin is at a market cap of $500k then it can 20X and still only be at a market cap of $10M. However, if a coin is already at a market cap of $2M then reaching that same $10M market cap target would be a 5X.
What market cap range you look for when deciding whether to buy a coin or when to take profit depends on your personal view of the potential of the coin.
If you find a project with real utility in a sector of crypto with a lot of demand, or a project that offers improvements over existing products/services then you may aim for higher.
On the other hand, if you were just lucky to be early to a coin taking advantage of a short term source of hype then you may want to take profits on the way up rather than hold longer term.

-Liquidity:
Most new coins do not launch with significant liquidity. If you are working with less capital then this can actually be an advantage for you in some cases.
When a coin has lower liquidity, it means that large buys/sells will move price more. It also means that volatility will generally be greater as it takes less volume to move price significantly.
If a coin has real potential but low liquidity, then entering with a small amount can allow you to be early without suffering too much from slippage.
Then, if the coin takes off, liquidity can improve as more is added or it gets listed on more exchanges (centralized or decentralized) which can allow larger players to then buy as well.

-Holders:
You can check on-chain how many holders a coin has. Clearly, the lower the number of holders is, the earlier you are.

-Age:
You can also check on-chain to see when the smart contract for a coin was deployed and when it was first listed on a decentralized exchange to determine exactly how new a project is.

Strategy:
The easiest way to start scanning new coins and checking the characteristics I just covered is through DexScreener.
Very new coins won’t always be listed on CoinGecko or CoinMarketCap yet, but DexScreener lists coins as soon as they are added to a dex.
It also displays price, market cap, volume, liquidity, FDV, and other metrics to make it easy to decide which coins to give a deeper look.
You can also filter all the new coins by characteristics such as age, liquidity, what chain they are on, price change, and more.
There are a few reasons a coin may catch your attention: large number of trades being taken, large price increases, significant liquidity being added early on, or even just the name of the coin.
Regardless, once you see a coin you want to learn more about you can click on it to open the chart and see more details. Here’s what to check next:

-Name/Contract Address:
You can search the name and/or contract address of a coin on twitter and do a quick scan for any red flags or or positive signs.
Red flags would include credible information that the coin may be a scam/rug or that the team/dev is dumping early on.
Positive signs could include an active twitter page for the project, a community around it, or traders with strong track records following/mentioning it.

-Holders/Liquidity Providers:
If one or a few addresses hold a significant portion of a coin’s supply it is worth figuring out why.
One of the larger holders will usually be the liquidity pool for the dex, but it is also possible that a team/dev reserved a large portion of the tokens for themselves.
It is a good sign if the LP tokens for the pool and any team/dev allocations are locked at least for a fair period of time as this incentivizes them to grow the project and removes concerns about immediate dumping.
Another reason an address may hold a large portion of the supply is if they were extremely early or sniped the token launch to buy a lot of coins for very cheap.
If this is the case, they will almost always dump the tokens at some point. However, if the project has real potential then that dump could provide a good entry.

Risk Management:
It is absolutely essential to practice strong risk management when trading new coins. It is completely possible for a new coin to go to 0 and for your investment to end up worthless.
That is the risk you take in exchange for the potentially massive rewards. However, if you implement risk management procedures then you can lower that risk.

-Portfolio Allocation:
You should not be risking any amount you are not willing to lose on new coins. Even if a new coin does end up going 10X or more, it is very common for there to be corrections of -50% or more during that uptrend due to the extreme volatility of microcap coins.
If you are overinvested then these corrections could cause you to panic sell and miss out on the subsequent gains.
On the other hand, if you are comfortable with the amount you invested then you will be able to remain calm and hold through the volatility.

-Taking Profits:
So you did the research, found a promising coin early on, and have made some crazy returns … don’t be scared to take profits if the amount you made is significant to you personally.
It is very easy to see someone else on twitter making a 6 figure trade or holding a memecoin for 1000X and feel like your own gains are small in comparison.
Unfortunately, this has led to many people refusing to take profits and giving back life-changing profits.
Don’t let that happen to you. You can always take at least partial profits and continue holding some coins in case the uptrend continues.

If you appreciate insights like this then follow me here @BitEagle News to stay up to date with everything affecting the crypto markets.

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THANK YOU!!!

#etf #BullRun

🔷️ The Binance Web3 Wallet is an innovative wallet for digital assets that combines convenience, security, and utility.🔷️ The wallet offers enhanced security through Multi-Party Computation (MPC) technology and a seamless user experience with access to Binance Bridge and other service providers, facilitating token swaps across different blockchain networks.🔷️ Users can explore the world of decentralized finance (DeFi) and decentralized applications (DApps) while also counting on dedicated 24/7 customer support.What Is Binance Web3 Wallet?The Binance Web3 Wallet, an integral part of the Binance app, is a user-focused cryptocurrency wallet that empowers users in the realm of decentralized finance (DeFi). With the Binance Web3 Wallet, users can easily access the world of blockchain and decentralized applications (DApps). The wallet provides a safe and efficient way for users to manage their digital assets, perform token swaps across different blockchain networks, earn yields, and much more.How Does It Work?Binance Web3 Wallet uses Multi-Party Computation (MPC) technology, which is an enhanced cryptographic security system that eliminates the need to store your private keys in a single location. The wallet uses MPC to create three “key-shares”, which are stored separately in your Web3 Wallet, cloud storage, and your device. The key-shares are also protected by your recovery password, which is solely known to you.Key Features of the Binance Web3 WalletEasy to useYou can create a Binance Web3 Wallet in just a few seconds through the Binance app. Unlike other crypto wallets, with the Binance Web3 Wallet setup you don’t have to worry about seed phrases or private keys, making it much easier to use.ConvenienceSeamlessly connected to Binance Bridge and other service providers, the Binance Web3 Wallet facilitates easy token swaps across different blockchain networks while also ensuring the best rates and prices. Users can also explore DApps and generate yield with just a few clicks.SecurityThe Binance Web3 Wallet offers important security features, including wrong address protection, and identification of potentially malicious smart contracts. When making transactions, the wallet will notify users when a token or blockchain carries a potential security risk. In addition, every transaction is controlled by Multi-Party Computation (MPC) technology, reducing the risk of single points of failure and ensuring the safety of your assets.Self-custodyEncrypted by three “key-shares” and a recovery password exclusively known to the user, the Web3 Wallet allows complete autonomy over your assets.Customer SupportUsers can count on a 24/7 customer support service to ensure a safe and smooth experience.How to Use the Binance Web3 Wallet1. Log in to your Binance account in the Binance app and go to [Wallets].2. Next, tap [Web3] and [Create Wallet] to get started.3. Note that before you can start using the Binance Web3 Wallet, you will have to back it up and set a recovery password.How to Backup Your Binance Web3 Wallet1. On the Web3 Wallet initial page, tap [Back Up Now].2. Connect the Binance App to your cloud storage account (iCloud or Google Drive).3. Set a backup password and keep it safe. Binance cannot access or reset this password, so make sure you don’t lose it.4. Back up your key on your cloud storage.5. Done. Your wallet is ready to use. You can easily transfer funds directly from your Binance Spot and Funding Wallet to your Binance Web3 Wallet.#Web3Wallet

The cryptocurrency market is playing a game of push-and-pull this week with its total cap nudging down to $1.43 trillion, the move hinting at a slight retreat in an otherwise upward trend that's been building since mid-October. Bitcoin, the bellwether of the crypto domain, witnessed a sell-off from above $38,400, echoing the market's indecision: brushing against highs, but not quite breaking through and steering clear of a steep fall. The real litmus test for BTC is staying above $36,700 as falling below could cement $38,000 as a tough resistance level.

In this cautious environment, Ripple (XRP) and Cardano (ADA) are stuck in a bit of a rut, hovering under $0.65 and $0.4, respectively. They mirror each other in performance, with both recording a 3% dip over the last week. In contrast, Step App (FITFI) is making waves, not just holding its ground, but surging with a 2% weekly and a remarkable 28% monthly increase, outperforming XRP and ADA alike. The project’s success in the move-to-earn arena, backed by a stable economy, attractive returns, a spotless reputation, and even nods from celebrities, raises an intriguing question: is FITFI gearing up to take a leading position in the altcoin race?

Step App (FITFI): Make Money from Rewarding Runs

Imagine a world where your daily run or walk not only boosts your health, but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As the first move-to-earn application that empowered fitness with AI-assisted workouts, Step sets a new standard in the FitFi realm. Bolstered by its stable economy and lucrative ROI for users, the project caters to health enthusiasts and crypto fans alike, regardless of their experience with Web3. Injecting a burst of star-studded excitement, Step App basks in the glowing endorsements of legendary athletes like Usain Bolt, propelling its esteemed market reputation to even greater acclaim.

Transform Your Steps into Tangible Rewards with Step App

In Step, managing your earnings is effortless and subscriptions are available to further personalize your in-app experience and amplify rewards. Here, the magic lies in the FITFI and KCAL tokens – central to the app’s vibrant, contest-filled community and its continuous innovation, they hold potential for appreciation over time. Whether it's upgrading your workout gear with KCAL or unlocking exclusive features with FITFI, these tokens are ready to enhance your fitness journey. In the run-up of 2024, Step is gearing up to unveil even more exciting features and airdrops, ensuring that both the community and the value of its tokens keep thriving.

Source: TradingView

Step App (FITFI) is currently in an exhilarating phase of its market adventure, nestled just above a supportive cushion at $0.006239 and is eyeing an exciting leap towards the resistance at $0.0098465. This dynamic positioning teases a vibrant market with potential for significant shifts. The 10-day SMA has perched at $0.007207, whispering of a quietly optimistic trend, while the 100-day SMA at $0.006746 suggests a deeper, more anchored bullish sentiment. The MACD has taken a minor dip to -0.000153, and the RSI at 43.51 indicates a slightly cooling, yet hopeful investor interest. These are thrilling times for Step App (FITFI), and the current technical indicators are the pulse of a story unfolding in this action-packed market landscape. Right now, the impending conclusion of the FITFI public vesting on January 26 is stirring up excitement, as enthusiasts and investors alike are keen to see how it will turbocharge the app's journey, especially with the anticipated rollout of new features and big plans for 2024. 

Step Up Your Game – Join Now!

Ripple (XRP) Technical Analysis Ahead of Confidential SEC Meeting

Ripple (XRP) is in the spotlight this week, hovering between its key support at $0.4988 and resistance at $0.6612. The intrigue around the XRP price movement comes amid some headline-worthy developments, while the U.S. SEC's closed-door meeting today, though not directly linked to Ripple (XRP), has the community on tenterhooks. This event is another link in the chain of the ongoing legal face-off between Ripple Labs and the SEC. With a February 2024 deadline looming for the legal proceedings, the air is thick with anticipation. XRP is facing a massive $770 million fine for transactions labeled non-security on secondary markets, yet the talk of a settlement is dividing expert opinion.

Source: TradingView

Technically, Ripple (XRP) is sitting on the fence. The 10-day SMA at $0.6101 nudging just above the 100-day SMA at $0.5498 suggests a hint of bullishness, but it's subtle. The MACD is barely there at 0.0004 and the RSI is at 47.01, both showing the market holding its breath, not ready to swing in either direction. This technical standoff mirrors the uncertainty rippling from the SEC's corridors, leaving the fate of XRP hanging in the balance.

On the bullish side, a favorable turn in the Ripple (XRP) legal battles could see altcoin breaking through resistance at $0.6612, with sights set on higher targets at $0.7225 and $0.8849. However, a bearish outcome, clouded by legal woes, could see it sliding towards lower supports sitting at $0.3976 and $0.2351. 

Cardano (ADA) Technical Analysis Amidst Hoskinson’s Critiques of the SEC  

Cardano (ADA) is grabbing the market’s attention, but not just for its market moves – Charles Hoskinson, Cardano's founder, is stirring the pot with his frank criticism of the SEC. He's openly challenging the regulator's decision to label ADA as a security while Bitcoin seemingly gets a free pass. Hoskinson isn't just grumbling – he's seriously questioning the fairness in how cryptocurrencies are treated, especially irked by what he sees as a preferential treatment for BTC. His pointed remarks about potential biases in regulatory practices and concerns about the Bitcoin network’s vulnerabilities are sparking lively debates among crypto enthusiasts. 

Source: TradingView

In the trading world, Cardano (ADA) is navigating a narrow path, caught between support at $0.362 and resistance at $0.407 – a scenario that hints at the market in limbo. The SMAs – both the 10-day at $0.381 and the 100-day at $0.378 – reinforce this sense of equilibrium. The MACD at -0.002 and the RSI of 39.82 are giving off neutral to slightly bearish vibes, suggesting traders are playing a waiting game, watching for a decisive move.

For the bullish scenario to unfold, ADA should break past $0.407, which will open the door to higher levels at $0.426 and $0.471. This leap would need a boost from positive market news or a shift in regulatory winds. Conversely, a bearish turn would see altcoin dipping below $0.362, potentially sliding towards lower supports at $0.336 and $0.291. Such a downturn could be spurred by negative updates or increasing pessimism around the SEC's stance.

Closing Thoughts

The crypto market is in a state of flux, with major players like Bitcoin showing mixed signals – climbing, yet cautiously. Step App (FITFI) stands out, thriving with its unique move-to-earn concept, steady tokenomics and celebrity support, contrasting with the stucking performances of Ripple (XRP) and Cardano (ADA). Both altcoins are facing their own SEC-related challenges, with the legal tussles of XRP creating suspense and the ADA founder’s concerns about regulatory fairness. These scenarios paint a picture of the crypto market that's lively, but also cautious, though the rise of Step App (FITFI) adds a dash of excitement to this mix.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Shiba Inu (SHIB) has turned many early investors into multi-millionaires. However, in some cases, investors have also reaped over one billion dollars. Between its launch in August 2020 and reaching its all-time high in October 2021, SHIB had surged by many million percent. Investors who held on reaped the benefits of being patient. Many who sold regretted their decision later.
If an investor had put in $100 every week into SHIB since early August 2020 and continued to do so till the token hit its all-time high on Oct. 21, 2021, they would have invested $6,400. However, if withdrawn on Oct. 21, 2021, the portfolio’s value would have been $1.38 billion. The rise in value translates to a growth of 21.5 million percent.

Can you still be a millionaire with Shiba Inu (SHIB)?
Although the asset has turned many investors into millionaires and billionaires, many worry that they may have missed the SHIB boat. But, SHIB could still rally by many thousand percent in the future.
However, during Shiba Inu’s (SHIB) last bull run, Ethereum (ETH) co-founder Vitalik Buterin had burned half of SHIB’s supply. Upon launch, the developers sent Buterin half of SHIB’s supply. Buterin decided to burn 90% of what he received and to give the rest to charity. The massive burn played a significant role in SHIB’s 2021 rally.
If Shiba Inu (SHIB) has to rally like it did in 2021, it needs more massive burns. The project still has 589 trillion tokens in circulation. Hence, reaching higher prices becomes difficult as the market cap would get unrealistically high. However, the developers have said they are working on a new burn mechanism, rumored to destroy trillions of tokens yearly.
$SHIB #shiba

Bitfinex’s recently launched Tether (USDT) tokenized bond, hailed as a “new era for capital raises,” appears to have failed to garner the investment and interest the firm anticipated.

Bitfinex Securities, a platform focused on listing tokenized real-world assets (RWA), announced its first tokenized bond in October, called ALT2611 Tokenized Bond, with the product going live on Nov. 15.

However, after a two-week offer period, only $1.5 million of a $10 million target has been raised, according to the official website.

The target of 100,000 ALT2611 worth 10 million USDT was set for two weeks after launch in the announcement, but it appears to have been extended by another fortnight as just 15,000 ALT2611, or 15% of the target has been reached so far.

Screenshot from ALT2611 capital raise. Source: Bitfinex

ALT2611 is a 36-month 10% coupon bond denominated in USDT and issued by Alternative, a Luxembourg-based securitization fund, managed by Mikro Kapital.

Tokenized bonds are digital representations of traditional bonds issued on the blockchain, which provides several advantages over their traditional paper counterparts, such as liquidity, accessibility, security, transparency, and 24/7 trading.

The minimum initial purchase size was 125,000 USDT, with secondary market trading in denominations of 100 USDT. Moreover, ALT2611 is not offered or made available to American citizens or persons present in the U.S.

Crypto trader Novacula Occami commented, “Bitfinex’s first USDT bond issue is a flop,” before adding, “Sorry Paolo, USDT ain’t going to dominate capital markets. BitFinex Securities Kazakhstan isn’t keeping investment bankers up at night.”

However, when it launched, Tether chief technology officer Paolo Ardoino labeled it as a “new era for capital raises” that would see USDT become the “underlying denomination asset of this new financial system.”

Exciting!This is the first bond listed on Bitfinex Securities. A new era for capital raises through deep liquid markets and stock/fond markets has begun.Furthermore $USDt will become the underlying denomination asset of this new financial ecosystem.And yes. It leverages… https://t.co/ekXj3gY7Xj

— Paolo Ardoino (@paoloardoino) October 25, 2023

The Bitfinex tokenized bond was issued on the Liquid Network, a high throughput Bitcoin sidechain.

Cointelegraph reached out to Bitfinex and Tether for comment but did not receive an immediate response.

In April, Bitfinex Securities received a Digital Asset Service Provider license in El Salvador, which has been looking into issuing its own Bitcoin bonds.

Sovereign dollar bonds in the Central American country have been performing solidly, with a 70% return in 2023 as reported by Cointelegraph in August.

Magazine: Can you trust crypto exchanges after the collapse of FTX?

Mwenye degree asiye na ajira kuna wakati huwa anaona bora angeishia form four na angefanya shughuli nyingine...Na aliyeishia darasa la saba kutokana na hali ya maisha aliyonayo kuna wakati anaona alipaswa kufika chuo kikuu ili awe na maisha mazuri...HUO NDIYO UTAMU WA MAISHA...Uzuri ni kwamba maisha huwa hayana formula maalum...aliyesoma maskini, wakati asiyesoma ni tajiri, na kuna asiyesoma maskini wakati aliyesoma ni tajiri...Mwenye pesa anaumizwa na mapenzi mpaka anatamani kuwa Single na asiye na pesa anaachwa kwa sababu hana kipato cha kumudu gharama za mwenzi wake...Unawaza kuacha shule ili ufanye biashara kwa sababu watu wengi wanafanikiwa na muda huo huo kuna mwenzako anawaza kuacha biashara kwa sababu biashara hailipi ili arudi shule akimaliza akaajiriwe...Ingelikuwa maisha yana jibu moja wala tusingeona utamu wake...HUAMINI...? chukua hii wakati wewe unaumiza kichwa ufanye nini ili ufanikiwe kuna mwenzako anatamani angefikia walau hata robo tu ya maisha yako...Ishi kwa amani...ishi kwa upendo, ishi kwa furaha...maisha ndiyo haya haya...hakuna formula zaidi ya kuishi maisha yako...Hard work pays...Ni kweli wakati mwingine kwenye maisha kufanikiwa huwa ni bahati, ila ni kwa wale tu ambao wanazielekeza bahati kuja upande wao...Kuna anayejituma sana lakini miaka nenda rudi hafanikiwi na yupo mvivu na uvivu wake anatusua...kuna anayeweka bidii kubwa kwenye kazi/biashara na bado hafikii malengo...(Utamu wa Maisha)Usiumize sana kichwa kuishi maisha ya wengine kwenye maisha yako....bali unatakiwa kutumia muda wako mwingi kuishi maisha yako kwenye maisha yako...Dunia inakuruhusu kupanga na kubonyeza kitufe unachoona ni sahihi na huku ikiwa imeficha "button" ya matokeo...kazi yako kubwa ni kuumiza kichwa kipi ni kitufe sahihi unachopaswa kubonyeza ili kikuonyeshe "button" ya matokeo unayoyahitaji..."Strategy is about setting yourself apart from the competition...It’s not a matter of being better at what you do it’s a matter of being different at what you do..."Cc @ChandoMaterials 🙏

Introdução:Olá pessoal, hoje notamos que $TRB apresentou uma grande retração nos tempos gráficos maiores, por isso como estávamos vendidos, e de fora desta altcoin, hoje passamos a nos expor novamente um pouco mais neste token super escasso.Os volumes maiores de compra também continuam mais abaixo, então pode ser uma grande oportunidade para médio e longo prazo.Quanto ao volume de vendas, estes dias tivemos uma das maiores movimentações, chegando a quase 2,1 milhões de TRB vendidas na #Binance A divergência é totalmente bulish, na minha opinião, levando em conta, ainda, que o $BTC está em uma clara tendência de alta, o que faz com que altcoins também aproveitem a tendência.SPOT (Dez vezes mais escasso que Bitcoin):TRB possui apenas 2,5 milhões de tokens, eu já garanti o meu, sendo uma oferta quase dez vezes menor que o BTC, com 21 milhões de unidades. Ainda acredito que poderá ultrapassar até mesmo o valor do BTC por unidade, em uma Bull run. Anote aí.DERIVATIVOS:Os traders continuam bearish em TRB, sendo que este token costuma ficar entre os mais dez shortados por muito tempo, por isso sinto que esse pode continuar sendo uma grande surpresa para o Bull market.CONCLUSÃO:Continuo bulish neste token, é mais um dos meus favoritos tokens misteriosos. Espero que tenham coragem e aproveitem com cautelas e gestão de risco.Comprem altcoins com cuidado, colocando parte do dinheiro que arrisque perder, sempre reservem dinheiro para quedas, pois elas possuem pouca liquidez.#BaleiasdasCriptos

Cryptocurrency whales, often referred to as smart money, are known for their impressive returns on investments if you track their movements correctly. I actively monitor their activities on the blockchain and use a systematic approach to track their movements.
So, do you wanna know How I track big whales, unusual activities & also How do I find these wallets?
Allow me to guide you through a brief step-by-step process on conducting on-chain analysis of these significant players:
1/ Identifying major whales:
a) Navigate to Etherscan (The choice of network may vary; personally, I prefer $ETH, so I use Etherscan) 👇b) Focus on popular coins; for example, let's select $PEPE.c) Click on "Holders" to view the top wallets holding the coin, including notable ones like Binance 👇2/ Reviewing and tracking these wallets:
Once you've identified these wallets, the next step is to assess their statistics and performance. Are they engaged in regular trading, or is there any unusual activity? Monitoring their future moves is crucial for potential benefits. Here are two tools I use for this purpose:a) Using Zerion ( Tool to track wallet activities ):Input the addresses you've identified to view wallet performances.Click on "History" to review past transactions.Add them to your watchlist for ongoing tracking.b) Employing Etherdrops Bot:
You can use the @etherdrops_bot to receive notifications whenever a tracked wallet makes a transaction.Simply paste the address you want to monitor 👇
👉 That concludes this guide on how to track significant cryptocurrency whales and stay ahead in discovering the next big coin. #WhaleAlert
Remember: Don't blindly follow their investments; analyze and track their activities first.
Always Do Your Own Research (DYOR) before making any purchases. Keep in mind that they are aware of their influence, and many people are observing them, so they may leverage this knowledge. ✨
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