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      "amount": "0.011 STEEM",
      "memo": "Hi @bitforex. Would you like to earn solid (115k SP) upvote on your recent post from @project.hope? Check out our recent post for more details. And hopefully you will find this publication worth your time and attention. We're explaining our community economy \"business model\", hoping that more people will join our efforts in the future. // LINk: https://steemit.com/hive-175254/@project.hope/project-hope-economy-explained-2021"
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{
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      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "3e2j3k-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Oct 11 - [Bitcoin Breaks Above $56,000 for First Time in 5 Months](https://www.cryptoglobe.com/latest/2021/10/bitcoin-breaks-above-56000-for-first-time-in-5-months/)\n\n🖊️ Oct 12 - [The Future Of Crypto In China Gets Bleaker As Over 20 Cryptocurrency Firms Withdraw From The Chinese Market](https://zycrypto.com/the-future-of-crypto-in-china-gets-bleaker-as-over-20-cryptocurrency-firms-withdraw-from-the-chinese-market/)\n\n🖊️ Oct 13 - [US dominates global Bitcoin hash rate distribution after China crackdown](https://cointelegraph.com/news/us-dominates-global-bitcoin-hash-rate-distribution-after-china-crackdown)\n\n🖊️ Oct 14 - [G7 Finance Leaders Issue Guidelines on Central Bank Digital Currencies](https://coinquora.com/g7-finance-leaders-issue-guidelines-on-central-bank-digital-currencies/)\n\n🖊️ Oct 15 - [Bitcoin Briefly Tops $60K Ahead of Expected BTC Futures ETF Approval](https://decrypt.co/83531/bitcoin-briefly-tops-60k-ahead-expected-btc-futures-etf-approval)\n\n🖊️ Oct 16 - [CryptoPunk owner declines a $9.5 million bid for his rare NFT](https://www.theblockcrypto.com/linked/120873/cryptopunk-owner-declines-a-9-5-million-bid-for-his-rare-nft?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Oct 17 - [$BTC Surges Above $62K After SEC Tacitly Approves First Bitcoin Futures ETF](https://www.cryptoglobe.com/latest/2021/10/btc-surges-above-62k-after-us-sec-approves-first-bitcoin-futures-etf/)\n\n![digest 4 (63).jpg](https://cdn.steemitimages.com/DQmbf8WBDwURi6PCKFQ7nNvpn1v8kVCgjg9mxW5KbKB3Fxv/digest%204%20(63).jpg)",
      "json_metadata": "{\"tags\":[\"hotnews\",\"crypto\",\"cryptocurrency\",\"btc\",\"digest\",\"weekly\"],\"image\":[\"https://cdn.steemitimages.com/DQmbf8WBDwURi6PCKFQ7nNvpn1v8kVCgjg9mxW5KbKB3Fxv/digest%204%20(63).jpg\"],\"links\":[\"https://www.cryptoglobe.com/latest/2021/10/bitcoin-breaks-above-56000-for-first-time-in-5-months/\",\"https://zycrypto.com/the-future-of-crypto-in-china-gets-bleaker-as-over-20-cryptocurrency-firms-withdraw-from-the-chinese-market/\",\"https://cointelegraph.com/news/us-dominates-global-bitcoin-hash-rate-distribution-after-china-crackdown\",\"https://coinquora.com/g7-finance-leaders-issue-guidelines-on-central-bank-digital-currencies/\",\"https://decrypt.co/83531/bitcoin-briefly-tops-60k-ahead-expected-btc-futures-etf-approval\",\"https://www.theblockcrypto.com/linked/120873/cryptopunk-owner-declines-a-9-5-million-bid-for-his-rare-nft?utm_source=cryptocompare&utm_medium=rss\",\"https://www.cryptoglobe.com/latest/2021/10/btc-surges-above-62k-after-us-sec-approves-first-bitcoin-futures-etf/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "64y6ij-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Oct 4 - [New Zealand Launched Its First Bitcoin-Only Investment Fund](https://cryptopotato.com/new-zealand-launched-its-first-bitcoin-only-investment-fund/)\n\n🖊️ Oct 5 - [Bitcoin beats stocks, commodities to best performing asset of 2021](https://cointelegraph.com/news/bitcoin-beats-stocks-commodities-to-best-performing-asset-of-2021)\n\n🖊️ Oct 6 - [NFTs Near $5 Billion in Market Cap](https://www.trustnodes.com/2021/10/06/nfts-near-5-billion-in-market-cap)\n\n🖊️ Oct 7 - [Shiba Inu Is 385% in a Week, Becomes 12th Largest Cryptocurrency](https://decrypt.co/82842/shiba-inu-is-385-week-becomes-12th-largest-cryptocurrency)\n\n🖊️ Oct 8 - [Total Value Locked in Defi crosses $200 billion for the first time](https://coingape.com/total-value-locked-in-defi-crosses-200-billion-for-the-first-time/)\n\n🖊️ Oct 9 - [Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days](https://cointelegraph.com/news/shiba-inu-is-now-a-top-20-cryptocurrency-with-shib-price-soaring-300-in-9-days)\n\n🖊️ Oct 10 - [China Plans To Add Crypto Mining To Negative List Of Industries To Invest In](https://bitcoinist.com/china-plans-to-add-crypto-mining-to-negative-list-of-industries-to-invest-in/?utm_source=rss&utm_medium=rss&utm_campaign=china-plans-to-add-crypto-mining-to-negative-list-of-industries-to-invest-in)\n\n![digest 4 (62).jpg](https://cdn.steemitimages.com/DQmQm5zcHvAvxWpi2KyCAFW3GtxhYNgML41hSodeNs1i5jo/digest%204%20(62).jpg)",
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      "title": "How can Bitcoin reduce its negative impact on the environment and reduce potential contributions to climate change?",
      "body": "Bitcoin’s rapidly emerging popularity and prominence in the global economic marketplace has raised significant concerns about environmental impacts and degradation. Detractors have long claimed that digital coins like BTC have become enemies to the environment, primarily due to concerns about the use of electricity to power the digital currency. \nWhile the debate around Bitcoin consuming too much electricity seems to be dying down somewhat,  carbon emissions in connection with Bitcoin were admittedly massive in the past. However, more recent studies reveal that efforts to reduce emissions have been successful and the release of carbon in connection with Bitcoin is steadily decreasing. It is primarily the mining process for BTC that leads to these environmental impacts, as it involves solving complex mathematical problems using computers in order to create a new currency, generating carbon dioxide releases in the process that have been as high as 63 MT of carbon dioxide. \nWhile this is certainly cause for concern, many countries—China, for example—seem to have taken control over the situation, claiming that consumption has decreased significantly. This is, of course, good news for BTC miners, investors, and supporters, and bad news for detractors of the Bitcoin and cryptocurrency industry. It seems they soon may not have the facts on their side when it comes to concerns about emissions and environmental impacts. In fact, some reports claimed that China had been able to reduce the carbon dioxide emissions to 17 MT two years ago.  \nResearchers have provided tangible evidence that consumption of electricity from BTC mining is decreasing, which has reduced the emissions of digital currency as a whole. Unfortunately, regardless of the evidence that is presented on improvement in this area, experts feel that findings may not be strong enough to prevent people from continuing to express concerns regarding Bitcoin’s impact on the environment, in particular, its carbon emissions and use of electricity.\n![Frame 22.png](https://cdn.steemitimages.com/DQmZraAKqPNUaE1ExXNT2FoJvQP8w4HGkVKper3jdCCegx3/Frame%2022.png)",
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      "author": "bitforex",
      "permlink": "4r3qoi-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Sep 27 - [Bitcoin Price Analysis: BTC still tests $44,000, ready to break higher today?](https://www.cryptopolitan.com/bitcoin-price-analysis-2021-09-27/)\n\n🖊️ Sep 28 - [Chinese Crypto Investors Continue To Buy More Despite Recent Crackdown](https://coingape.com/chinese-investors-continue-to-buy-more-despite-recent-crackdown/)\n\n🖊️ Sep 29 - [Thailand Tourism Authority to Pilot Its Own Utility Token For Visitors](https://coinquora.com/thailand-tourism-authority-to-pilot-its-own-utility-token-for-visitors/)\n\n🖊️ Sep 30 - [Payment giant Visa has developed an interoperability concept for CBDC payments](https://chaintimes.com/payment-giant-visa-has-developed-an-interoperability-concept-for-cbdc-payments/)\n\n🖊️ Oct 1 - [TikTok launches its first-ever NFT series](https://coingape.com/nft-news-tiktok-launches-its-first-ever-nft-series/)\n\n🖊️ Oct 2 - [El Salvador, the first country to mine Bitcoin using volcanoes](https://en.ethereumworldnews.com/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes/)\n\n🖊️ Oct 3 - [IMF recommends CBDC and global crypto standards for financial stability](https://cointelegraph.com/news/imf-recommends-cbdc-and-global-crypto-standards-for-financial-stability)\n\n\n![digest 4 (7).jpg](https://cdn.steemitimages.com/DQmdRML6CpRHZvmbL59LJh4HXnutNCxr4VkwVDcssJq1WRS/digest%204%20(7).jpg)",
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      "author": "bitforex",
      "permlink": "2p6mbu-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Sep 20 - [EL SALVADOR NOW OWNS 700 BITCOIN AS PRESIDENT BUKELE BUYS PRICE DIP](https://bitcoinmagazine.com/culture/el-salvador-now-owns-700-bitcoin-as-president-bukele-buys-price-dip)\n\n🖊️ Sep 21 - [Bitcoin Dipped to $40K Amid Global Stocks Pullback](https://cryptopotato.com/bitcoin-dipped-to-40k-amid-global-stocks-pullback-market-watch/)\n\n🖊️ Sep 22 - [Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030](https://cointelegraph.com/news/bitcoin-mining-estimated-to-represent-0-4-of-global-emissions-in-2030)\n\n🖊️ Sep 23 - [Ethereum Price Analysis: ETH returns above $3,100 resistance, further upside to follow?](https://www.cryptopolitan.com/ethereum-price-analysis-2021-09-23/)\n\n🖊️ Sep 24 - [Bloomberg Publishes Fake News on Bitcoin as China Prints $100 Billion](https://www.trustnodes.com/2021/09/24/bloomberg-publishes-fake-news-on-bitcoin-as-china-prints-100-billion)\n\n🖊️ Sep 25 - [China bans all cryptocurrencies, bitcoin falls](https://coinnounce.com/china-bans-all-cryptocurrencies-bitcoin-falls/)\n\n🖊️ Sep 26 - [Teens In India Are Becoming the World’s Next Big Crypto Fans](https://www.livebitcoinnews.com/teens-in-india-are-becoming-the-worlds-next-big-crypto-fans/)\n\n![digest 4 (60).jpg](https://cdn.steemitimages.com/DQmUxptytQq71wkfYP33XD6pmJiToiRDPhmYBtwNHv9fXXi/digest%204%20(60).jpg)",
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      "author": "bitforex",
      "permlink": "what-form-of-digital-assets-will-be-the-future-of-payments",
      "title": "What form of digital assets will be the future of payments?",
      "body": "We’re living in a time when digital assets are edging closer to mainstream adoption. From retail customers to traditional banks and financial service providers, the use of digital assets is on the rise. Many of these assets promised to disrupt financial markets and large incumbents. But despite receiving widespread attention, they haven’t quite achieved their potentials. That said, large institutions are keeping up with the developments. According to a Bank for International Settlements report, 86% of the world’s central banks are exploring digital currencies.\nAfter all, the world we live in is now digital, so it makes sense that money and assets should go digital. But how realistic is this in the next five years? And will the type of digital assets and the technology behind them remain the same?\n# Large Organizations Are Beginning Their Digital Assets Journey\nInstitutional interest in cryptocurrencies continues to grow. For example, Goldman Sachs surveyed over 300 of its high-net-wealth clients and found that 40% of them are already exposed to cryptocurrencies. More recently, Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — announced it will launch a Bitcoin (BTC) trading service for private banking clients in Switzerland, while Citigroup is considering providing trading, custody, and financing services.\nAside from banks, payment firms such as MasterCard and PayPal are getting involved in cryptocurrencies by accepting crypto payments for their customers.\nAnd then, there are central bank digital currencies (CBDCs). Infrastructure providers are trying to position themselves as ready for CBDCs. SWIFT and Accenture recently published a joint report that outlined how it could work as a potential carrier of CBDCs, should they become a reality. \nFurthermore, central banks worldwide are exploring CBDCs and working to safeguard public trust in money and payments. These retail and wholesale CBDCs can do this by offering the unique features of finality, liquidity, and integrity while also providing security. For example, the most promising CBDC design would be tied to a digital identity system, requiring users to identify themselves to access funds. This new venture will foster innovations that serve the public interest.\nInterestingly, it is still the early days of the development of cryptocurrencies, CBDCs, and other forms of digital assets. However, there is a near-unanimous view that these assets need to become more standardized, secure, and robust before entering the mainstream.\n# At A Crossroad\nPerhaps, the digital assets form we will most likely adopt is the CBDCs, controlled and issued by central banks. There has been major testing already, and this type of digital asset would ensure a strong supply, governance, and regulation similar to what we see with fiat currencies today.\nFor any of these digital assets, buying-in among end-users — large corporations, SMEs, and individual consumers — will be crucial to determining success. And success will ultimately be measured in decades, not a few years.\n\n![bitfor.jpg](https://cdn.steemitimages.com/DQmaRpwSBW6KgaUkmJRkuz8mDxmcY3FSDjjX7R9CsoPCdAV/bitfor.jpg)",
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      "permlink": "3bonst-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Sep 13 - [Majority of Korean crypto exchanges to shut down this month](https://cointelegraph.com/news/majority-of-korean-crypto-exchanges-to-shut-down-this-month-insiders-say), insiders say\n\n🖊️ Sep 14 - [Crypto market attempting recovery following fake Walmart news](https://www.okex.com/academy/en/fake-walmart-litcoin-news-bitcoin-ethereum-attempt-recovery-crypto-market-daily)\n\n🖊️ Sep 15 - [Miami Becomes First City to Approve a Native Crypto, Here’s How It Would Be Used](https://coingape.com/miami-becomes-first-city-to-approve-a-native-crypto-heres-how-it-would-be-used/)\n\n🖊️ Sep 16 - [Vitalik Buterin Times 100](https://www.trustnodes.com/2021/09/16/vitalik-buterin-times-100)\n\n🖊️ Sep 17 - [PayPal officially launches its cryptocurrency services in the UK](https://chaintimes.com/paypal-officially-launches-its-cryptocurrency-services-in-the-uk/)\n\n🖊️ Sep 18 - [California named ‘most crypto ready’ US state](https://cointelegraph.com/news/california-named-most-crypto-ready-us-state)\n\n🖊️ Sep 19 - [President Of Turkey Announces War Against Cryptocurrencies](https://bitcoinist.com/president-of-turkey-announces-war-against-cryptocurrencies/?utm_source=rss&utm_medium=rss&utm_campaign=president-of-turkey-announces-war-against-cryptocurrencies)\n\n![digest 4 (59).jpg](https://cdn.steemitimages.com/DQmafBDNZWMZCYX5YYMdiJRkQu4fvF2onBG2h6uWuiQo8cn/digest%204%20(59).jpg)",
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  "timestamp": "2021-09-13T07:47:03",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "245bhq-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Sep 6 - [Solana Hits All-Time High as Coin Rises 14% in 24H](https://decrypt.co/80328/solana-hits-all-time-high-as-coin-rises-14-in-24h)\n\n🖊️ Sep 7 - [HISTORY IS MADE: EL SALVADOR BECOMES THE FIRST COUNTRY TO ADOPT BITCOIN](https://bitcoinmagazine.com/markets/el-salvador-first-country-to-adopt-bitcoin)\n\n🖊️ Sep 8 - [Bitcoin Crashes After El Salvador Declares Bitcoin as Legal Tender](https://www.cryptonewsz.com/bitcoin-crashes-after-el-salvador-declares-bitcoin-as-legal-tender/)\n\n🖊️ Sep 9 - [Ukraine becomes the latest country to legalize and regulate cryptocurrency](https://coinnounce.com/ukraine-becomes-the-latest-country-to-legalize-and-regulate-cryptocurrency/)\n\n🖊️ Sep 10 - [El Salvador’s biggest bank is now accepting bitcoin payments](https://www.theblockcrypto.com/linked/117403/el-salvadors-biggest-bank-is-now-accepting-bitcoin-payments?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Sep 11 - [Bitcoin Update: 200-Day SMA, Dropping Supply on Exchanges, El Salvador, $100K by Mid 2022?](https://www.cryptoglobe.com/latest/2021/09/bitcoin-update-200-day-sma-dropping-supply-on-exchanges-el-salvador-100k-by-mid-2022/)\n\n🖊️ Sep 12 - [Altcoins Continue to Rise While Ethereum and Bitcoin Fall](https://decrypt.co/80735/altcoins-continue-to-rise-while-ethereum-and-bitcoin-fall)\n\n![digest 4 (57).jpg](https://cdn.steemitimages.com/DQmXUybh6g9B9aWBLopoQD1Avb4Vd3HWcQpErZWNGmacMed/digest%204%20(57).jpg)",
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      "author": "bitforex",
      "permlink": "bitcoin-futures-what-you-need-to-know",
      "title": "Bitcoin Futures: What You Need to Know",
      "body": "With Bitcoin futures, you can trade Bitcoin without owning the underlying cryptocurrency. It allows you to speculate on the future price of the cryptocurrency without actually holding it. There are monthly contract offers by the Chicago Merc for cash. And as an investor, you take cash rather than Bitcoin when you settle the contract.\n\n## Why Bitcoin futures?\n\nHere are some reasons you may want to consider Bitcoin futures:\n# Security and Trust\nA certain level of security is attached to Bitcoin futures, giving investors the boldness and conviction to trade them. Bitcoin future trades happen on an exchange regulated by the Commodity Futures Trading Commission (CFTC). The CFTC is an independent federal agency that regulates the trade around commodity futures and promotes the market’s efficiency.\n# No Wallet Or Exchange Needed\nBitcoin futures are cash-settled - you do not need a Bitcoin wallet before you participate. Likewise, there is no Bitcoin exchange in the picture. The advantage of this system is that you do not own the underlying cryptocurrency, which means you are not at risk of holding a highly volatile currency that may yield some losses in cases of unfavorable price changes and market sentiments. Another advantage is that it excludes you from the cost of holding Bitcoin.\n# Limited Exposure To Risk \nThe risks you are exposed to are limited to price limits and position limits when trading Bitcoin futures. Position limit sets your ownership at certain boundaries, protecting you from a situation where an investor manipulates the price and moves the market for their gains at the expense of other traders and investors. \n# Tips For Trading Bitcoin Futures\n1. Have a clear objective.\nYou should have well spelled-out trading objectives. There must be goals you intend to meet. For instance, you might expect a certain level of profit. While some factors may be beyond your control, you can wield some level of control in the trade to make events turn out in your favor.\n2. Make a trading plan.\nHaving goals is not enough; you must have a clear plan on how to achieve them. So, develop a plan to guide your Bitcoin futures trading. Such a plan must take into cognizance the market you will be trading in. Hence, you should consider certain market behaviors that will affect your trade, else you come across as a novice trader.   \n3. Know your risk limits.  \nEvery trade involves some level of risk. Dedicating your time and fund to trading is a huge step that ought to yield the desired dividends. But you should be able to bear the outcome if anything happens and the market is not in your favor or your speculations are not correct as you think. So understand the risks you are dealing with and ensure you can manage them if things go south. \n\nTrading Bitcoin futures can be easy if you have access to the necessary information. You will need to trade on an exchange, and a suitable exchange will facilitate price discovery and transparency. You are good to go once you have completed your registration and provided your personal data. \n\n![битфор (13).jpg](https://cdn.steemitimages.com/DQmeFDnxHkF4ta1M1fvX1hPeej7mFs7cx8qQAYDnHMUk2zq/%D0%B1%D0%B8%D1%82%D1%84%D0%BE%D1%80%20(13).jpg)",
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      "author": "bitforex",
      "permlink": "5v9lru-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Aug 30 - [Altcoin Month: 82% of top Altcoins outperformed Bitcoin in August](https://www.cryptopolitan.com/altcoin-month-outperformed-bitcoin/)\n\n🖊️ Aug 31 - [Bitcoin Consolidates, Ethereum and SOL Gain Momentum](https://cryptonews.com/news/bitcoin-consolidates-ethereum-and-sol-gain-momentum-11626.htm)\n\n🖊️ Sep 1 - [Twitter is reportedly planning on facilitating bitcoin payments](https://chaintimes.com/twitter-is-reportedly-planning-on-facilitating-bitcoin-payments/)\n\n🖊️ Sep 2 - [Bitcoin Retests $50,000 Milestone for Second Time in 10 Days](https://decrypt.co/80014/bitcoin-retests-50000-milestone-second-time-10-days)\n\n🖊️ Sep 3 - Surveys: [Most of El Salvador Public Is Opposed to Bitcoin Adoption Law](https://cryptonews.com/news/surveys-most-of-el-salvador-public-is-opposed-to-bitcoin-ado-11671.htm)\n\n🖊️ Sep 4 - [Ethereum gas fees surged to insane levels amid NFT and DeFi frenzy](https://www.cryptopolitan.com/ethereum-gas-fees-to-insane-levels/)\n\n🖊️ Sep 5 - [Altcoins Moon, Bitcoin Stays on Earth](https://decrypt.co/80187/altcoins-moon-bitcoin-stays-on-earth)\n\n![digest 4 (56).jpg](https://cdn.steemitimages.com/DQmWH2L837Af98kLd9nctwM1bJKLonZ19hMUxwhgSPYni25/digest%204%20(56).jpg)",
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      "permlink": "decentralized-and-centralized-finance-need-to-collaborate",
      "title": "Decentralized And Centralized Finance Need To Collaborate",
      "body": "Decentralized finance, or DeFi, has established itself as a force capable of disrupting traditional systems. While DeFi is still the major opposition to traditional finance, the centralized operators are actively looking to integrate into the established system. As a result, the institutional interest pushes both decentralized and centralized participants to ask questions about DeFi, its roles, and a possible collaboration with centralized finance, or CeFi.\n\n## A Compromise Between Defi and Cefi\n\nThe CeDeFi concept might seem far-fetched to some: How can something be centralized and decentralized at the same time? However, for institutions and DeFi alike, CeDeFi might be a solution to both systems’ problems.  \nThe first thing to clarify is the intent of institutions. If the idea of centralized organizations getting closer to DeFi seems threatening, remember they are doing it just because the DeFi is centralized. Banks, investment firms, and hedge funds are interested in having a higher degree of autonomy. Not ruling out those who are there make a profit, CeFi is actually full of those who understand the genuinely revolutionary implications behind the technology. \nSo, CeFi is more than happy to welcome DeFi’s values, if only it will meet (at least) these three crucial criteria: 1) full compliance, 2) secure and reliable performance, and 3) deep liquidity.\n\n## What are the benefits of the DeFi-CeFi amalgamation? \n\nInstitutions work with governments, large companies, research foundations, etc., to build infrastructures that have impacted billions of people’s lives for hundreds of years. At the very least, the cooperation with CeFi is an important step towards the global adoption of De-Fi. \n\nDecentralized innovation doesn’t have to be confined to a limited number of first adopters. Integrating CeFi will birth other benefits, such as:\n\n•\tPreparing a favorable position for regulatory discussions. The market boom of 2021 predictably culminated in the highly increased interest of regulators. With DeFi handling a lot of capital (around $116 billion in total value locked, or TVL), the need for a comprehensive legal framework is not just evident — it’s a pressing one. How DeFi performs now in terms of security, investor protection, secure custody, and development of beneficial use cases will influence the regulatory stance and how DeFi fares in the next years (or decades). \n\n•\tScaling DeFi infrastructure. It’s impressive that DeFi now handles billions of dollars in such a short time. However, CeFi has been handing trillions for centuries. Institutions have already established mechanisms for working with large capital, but such tools are just emerging in DeFi. Yes, DeFi is revolutionary in terms of tech, but CeFi is undoubtedly more experienced in responding to market and governmental pressures. These experiences and practices can be combined to improve both systems in the long run.\n\n![битфорекс (3).jpg](https://cdn.steemitimages.com/DQmRmmVEXQt3BsNjPKeooDPAec1nsd5kTQjNddDYQYbHY9T/%D0%B1%D0%B8%D1%82%D1%84%D0%BE%D1%80%D0%B5%D0%BA%D1%81%20(3).jpg)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "iguqr-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Aug 23 - [Marvel Launches First NFT Digital Comic Books On Veve](https://bitcoinist.com/marvel-launches-first-nft-digital-comic-books-on-veve/?utm_source=rss&utm_medium=rss&utm_campaign=marvel-launches-first-nft-digital-comic-books-on-veve)\n\n🖊️ Aug 24 - [Cardano price rises 11% in less than 24 hours](https://www.cryptopolitan.com/cardano-price-rises-11/)\n\n🖊️ Aug 25 - [Cryptosnake: the most anticipated NFT game of 2021](https://coinpedia.org/blockchain-esports/cryptosnake-nft-game/)\n\n🖊️ Aug 26 - [24 Crypto Exchanges to Close in South Korea – and 18 More Could Follow](https://cryptonews.com/news/24-crypto-exchanges-to-close-in-south-korea-and-18-more-coul-11570.htm)\n\n🖊️ Aug 27 - [Government of Cuba Says It Will Recognize, Regulate Cryptocurrencies](https://decrypt.co/79567/government-cuba-says-will-recognize-regulate-cryptocurrencies)\n\n🖊️ Aug 28 - [Visa Head of Crypto Says CryptoPunk Won’t Be Company’s Only NFT](https://blockworks.co/visa-head-of-crypto-says-cryptopunk-wont-be-companys-only-nft/)\n\n🖊️ Aug 29 - [Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin](https://www.newsbtc.com/news/bitcoin/dorsey-plans-to-build-bitcoin-dex/)\n\n\n![digest 4 (6).jpg](https://cdn.steemitimages.com/DQmSnWLtcLdHdVAk5msUaqpS27TgSnbVKV2YAavQyAL34Qz/digest%204%20(6).jpg)",
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      "title": "BitForex Launches EthereumMax (EMAX) !",
      "body": "🌟 New Listing 🌟\n\nWe're delighted to announce the listing of (@ethereum_max) EthereumMax (EMAX) on Bitforex!\n\n⏱ Time: 2021/08/27 11:00 (GMT+8)\n🤙 Details: https://bit.ly/3sMeRkz\n\n🎉 Happy Trading!\n\n\n![333.jpg](https://cdn.steemitimages.com/DQmVQoZxemGRoDfc7hA2dchde2TCmMd7RzD1XZEsjCosGnt/333.jpg)",
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      "title": "EthereumMax (EMAX) on Bitforex!",
      "body": "🌟 New Listing 🌟\n\nWe're delighted to announce the listing of (@ethereum_max) EthereumMax (EMAX) on Bitforex!\n\n⏱ Time: 2021/08/27 11:00 (GMT+8)\n🤙 Details: https://bit.ly/3sMeRkz\n\n🎉 Happy Trading!\n\n\n![333.jpg](https://cdn.steemitimages.com/DQmVQoZxemGRoDfc7hA2dchde2TCmMd7RzD1XZEsjCosGnt/333.jpg)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "78pxuq-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jul 26 - [Bitcoin Breaks Back Above $39K](https://www.coindesk.com/bitcoin-amazon-largest-single-daily-gain) in Largest Single Daily Gain in 6 Weeks\n\n🖊️ Jul 27 - [Cardano Could Become ‘Big Three’ Mainstream Cryptocurrency](https://dailyhodl.com/2021/07/27/cardano-could-become-big-three-mainstream-cryptocurrencies-according-to-morningstar-portfolio-strategist/), According to Morningstar Portfolio Strategist\n\n🖊️ Jul 28 - [Coca-Cola officially gets into NFTs for charity](https://cointelegraph.com/news/coca-cola-officially-gets-into-nfts-for-charity)\n\n🖊️ Jul 29 - [Mastercard Announces a Program Supporting Blockchain and Crypto Startups](https://coinquora.com/mastercard-announces-a-program-supporting-blockchain-and-crypto-startups/)\n\n🖊️ Jul 30 - [Crypto community grew by 100% in four months](https://www.cryptopolitan.com/crypto-community-grew-by-100/)\n\n🖊️ Jul 31 - [Bitcoin Spikes to a 2-Month High Above $42K: Up 25% in July](https://cryptopotato.com/bitcoin-spikes-to-a-2-month-high-above-42k-up-25-in-july-market-watch/) \n\n🖊️ Aug 1 - [Ethereum Price Surpasses $2,600 While Bitcoin Growth Slows Down](https://decrypt.co/77400/ethereum-price-surpasses-2600-while-bitcoin-growth-slows-down)\n\n![digest 4 (5).jpg](https://cdn.steemitimages.com/DQmexgZFYsDktpynfsp7QVDXL8epPb5jdKR9dejoJyCmLce/digest%204%20(5).jpg)",
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      "parent_permlink": "bitforex",
      "author": "bitforex",
      "permlink": "is-cryptocurrency-the-solution-to-financial-inequality",
      "title": "Is Cryptocurrency the Solution to Financial Inequality?",
      "body": "Experts predict that cryptocurrency will soon overtake FIAT money as the preferred medium of exchange, possibly as early as 2030. What does this mean for people currently experiencing financial difficulties? Do cryptocurrencies have the potential to solve these types of problems? \nFirst, it is important to explore some of the causes behind our nation’s current income inequality crisis to understand how cryptocurrencies like Bitcoin might impact people in poverty.\n## Income Inequality in America \nIncome inequality in America means that 33.98 million people, or just a little over 10% of the entire population, live below the poverty line. And with the ongoing COVID-19 global pandemic, that number will likely grow until we’re completely out of the woods. \nThe reasons for the inequalities can be linked to a plethora of factors, but the most common are:\nEducation: Education is not equally accessible in all parts of the country. While it may be easy to get an education in one area or country, it may be much more difficult in another. In addition, factors like race and class can also impact access to education.\nWealth Condensation: The majority of wealth is kept and spent amongst already wealthy people, and that essentially means only the rich get richer.\nTechnological Development: Advancements in technology can render certain jobs obsolete; for example, an order picker in a warehouse.\nGender: The gender wage gap is one of the most famous examples of economic inequality, especially among single women trying to make a living independently.\nOf course, there are more factors behind financial inequality, but compiling a list of them and talking about how they contribute would most likely take all day. Suffice it to say; these four are the top contributors.\n## How Cryptocurrency Can Help \nCryptocurrencies are the solution to financial inequality because they strengthen the middle class in two ways: (i) They stabilize the middle class, and (ii) They help people below the middle class to get into it by hold onto their hard-earned wealth.\nCryptocurrencies are much better than banks in holding wealth. While you may be rejected for a checking or savings account, cryptocurrencies are actually very inclusive. All you need is a phone and an internet connection. Alternatively, you can buy some at a Bitcoin ATM, which you find in some convenience stores or grocery stores. \nUltimately, what cryptocurrency does is give people hope: a hope that they don’t have to live in poverty all their lives just because they were born into the wrong socio-economic class. Cryptocurrency births the possibility that people can still integrate themselves into the world economy.\n\n![image.png](https://cdn.steemitimages.com/DQmacu5E97bS6rKVj5NaWGNKCm4dtTg1kBtHt7FA44tWFmk/image.png)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "2yejrs-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jul 19 - [Female-focused brands accept crypto payments driving adoption](https://cointelegraph.com/news/beauty-and-the-bitcoin-female-focused-brands-accept-crypto-payments-driving-adoption)\n\n🖊️ Jul 20 - [Bitcoin Price Plunges Below $30K]( https://coinpedia.org/bitcoin/bitcoin-price-plunges-below-30k-here-are-the-next-support-levels/)! A Bear Market Validated? \n\n🖊️ Jul 21 - [Meme Coins Experience a Steep Decline in Performance](https://coinquora.com/meme-coins-experience-a-steep-decline-in-performance/)\n\n🖊️ Jul 22 - Goldman Sachs: [18% of World's Super Rich See Crypto as Inflation Hedge](https://decrypt.co/76598/goldman-sachs-18-worlds-super-rich-see-crypto-inflation-hedge)\n\n🖊️ Jul 23 - [Elon Musk Reveals he Personally Owns Bitcoin, Ethereum, and Dogecoin](https://www.cryptoglobe.com/latest/2021/07/elon-musk-reveals-he-personally-owns-bitcoin-ethereum-and-dogecoin/)\n\n🖊️ Jul 24 - [Abkhazia in talks with Russia to supply energy for Bitcoin (BTC) mining](https://coingape.com/abkhazia-in-talks-with-russia-to-supply-energy-for-bitcoin-btc-mining/)\n\n🖊️ Jul 25 - [81 Countries Are Now Exploring Central Bank Digital Currencies](https://news.bitcoin.com/81-countries-central-bank-digital-currencies-5-cbdcs-fully-launched/) — 5 CBDCs Fully Launched\n\n![digest 4 (4).jpg](https://cdn.steemitimages.com/DQmeAv42bYpLzFEPXfRT3jrpkECry5EKqysJuicmQz9GnE3/digest%204%20(4).jpg)",
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      "permlink": "74jays-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jul 12 - [Bitcoin searches hit ATH](https://www.cryptopolitan.com/bitcoin-searches-hit-ath-in-lebanon/) in Lebanon as fiat loses 90% value in 2 years\n\n🖊️ Jul 13 - [Ethereum DeFi Ecosystem Has Hit 3 Million Users](https://cryptobriefing.com/ethereum-defi-ecosystem-has-hit-3m-users/)\n\n🖊️ Jul 14 - [China intensifies crackdown on crypto mining](https://chaintimes.com/china-intensifies-crackdown-on-crypto-mining-as-miners-flee-to-other-countries/) as miners flee to other countries\n\n🖊️ Jul 15 - [Dolce and Gabbana to launch of an exclusive NFT collection](https://cointelegraph.com/news/dolce-and-gabbana-to-launch-of-an-exclusive-nft-collection)\n\n🖊️ Jul 16 - [Binance crackdown continues as Hong Kong says it is unlicensed](https://www.cryptopolitan.com/binance-crackdown-continues-in-hong-kong/)\n\n🖊️ Jul 17 - [El Salvador plans to launch stablecoin by end of the year](https://www.cryptopolitan.com/el-salvador-could-launch-a-stablecoin/)\n\n🖊️ Jul 18 - [$31.5K Bitcoin price on track for lowest weekly close of 2021](https://cointelegraph.com/news/31-5k-bitcoin-price-on-track-for-lowest-weekly-close-of-2021)\n\n![digest 4 (52).jpg](https://cdn.steemitimages.com/DQmUF74K5MXrYLuGaRL9uAAurW9cqvhZdL5VV7aV2sj6MSX/digest%204%20(52).jpg)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "35kzqu-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jul 5 - [Vietnam’s Central Bank To Pilot Use of Crypto](https://decrypt.co/75208/vietnams-central-bank-to-pilot-use-of-crypto)\n\n🖊️ Jul 6 - [Bitcoin mining industry faces the greatest hash-power migration in history](https://coinnounce.com/bitcoin-mining-industry-faces-greatest-hash-power-migration-in-history/)\n\n🖊️ Jul 7 - [Bitcoin miner revenue jumps by 50% in 4 days](https://cointelegraph.com/news/bitcoin-miner-revenue-jumps-by-50-in-4-days-since-record-difficulty-drop) since record difficulty drop\n\n🖊️ Jul 8 - [Bitcoin Sinks Below $33K](https://news.bitcoin.com/bitcoin-sinks-below-33k-analyst-says-btc-at-dangerously-low-levels-while-eth-rests-at-comfortable-levels/), Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’\n\n🖊️ Jul 9 - [Cryptocurrency Trading Volumes Plunge as Prices and Volatility Stall](https://www.cryptoglobe.com/latest/2021/07/cryptocurrency-trading-volumes-plunge-as-prices-and-volatility-stall/)\n\n🖊️ Jul 10 - [TikTok Bans Cryptocurrency-Related Ads](https://cryptopotato.com/tiktok-bans-cryptocurrency-related-ads/)\n\n🖊️ Jul 11 - [Ethereum's 2.0 upgrades aren't the game-changer](https://cointelegraph.com/news/ethereum-s-2-0-upgrades-aren-t-the-game-changer-that-could-bring-more-users) that could bring more users\n\n\n![digest 4 (51).jpg](https://cdn.steemitimages.com/DQmRwBEVvP4fB5c9rUCartt67BGgG74vitkEinZQw4JANyD/digest%204%20(51).jpg)",
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      "author": "bitforex",
      "permlink": "9yycg-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jun 28 - [Open Banking and DeFi](https://cryptonews.com/news/open-banking-and-defi-the-next-big-thing-in-finance-10852.htm): The Next Big Thing in Finance\n\n🖊️ Jun 29 - [Bitcoin Is Fully Legal in El Salvador Starting Early September](https://www.livebitcoinnews.com/bitcoin-fully-legal-in-el-salvador-beginning-september-7/)\n\n🖊️ Jun 30 - [Bitcoin's hash rate has fallen 50% from its peak in May](https://www.theblockcrypto.com/post/110062/bitcoins-hash-rate-has-fallen-50-from-its-peak-in-may?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Jul 1 - [650 US banks and credit unions ready to offer Bitcoin (BTC) purchases](https://cryptoslate.com/650-us-banks-and-credit-unions-ready-to-offer-bitcoin-btc-purchases/)\n\n🖊️ Jul 2 - [Binance Not Authorised To Operate In Cayman Islands](https://decrypt.co/75042/binance-not-authorised-to-operate-in-cayman-islands)\n\n🖊️ Jul 3 - [Ethereum’s breakout to $2,500](https://ambcrypto.com/ethereums-breakout-to-2500-depends-on-these-factors/) depends on these factors\n\n🖊️ Jul 4 - [BabyDoge price rises 700% in the last few weeks](https://www.cryptopolitan.com/babydoge-price-increase-700/)\n\n![digest 4 (50).jpg](https://cdn.steemitimages.com/DQmfQnQakb9gnU6vsW6xwNTTyoQbjXfuybbTmRUQsH76UHY/digest%204%20(50).jpg)",
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      "permlink": "banks-expend-more-energy-than-btc",
      "title": "Banks Expend More Energy Than BTC",
      "body": "Hard as it may be for you to believe banks are lying! Banks collectively expend more energy than the BTC network both in the past and at present. The same goes for the gold-mining companies. Consider this: the annual power consumption for BTC mining is 113.89 TWh. This includes the energy used by miners, pools, and nodes. Energy consumption here can be transparently tracked in real-time with a special tool. But when it comes to banks and gold mining, it is hard to establish precise indicators. \n\nFinancial institutions never reveal any information on electricity consumption. To estimate these numbers, retail and commercial banks will have to do advanced computations and multi-layered calculations. Annual electricity consumption by data centers, banks and their branches, automated teller machines, and card data processing systems is estimated to be around 263.72 TWh.\n\nThe basis of the calculation of the energy consumption in the gold mining industry is the data from the authority on Gold. It turns out that gold mining expends about 240.61 TWh every year. What is more, this figure doesn’t include greenhouse gas emissions when using non-ecological tires. Tires with high rolling resistance increase fuel consumption and carbon footprint. \n\nExperts decided to conduct such a study against the background of the recent BTC collapse. This is partly due to Elon Musk’s tweets saying Tesla has suspended the BTC payment for its services, citing its adverse effects on the environment as the reason. \n\n\n![битфор энергия.jpg](https://cdn.steemitimages.com/DQmfUuQbXsTix6fJq4y3JSvmkDEtSAGPPDi6kMTogCXrxiS/%D0%B1%D0%B8%D1%82%D1%84%D0%BE%D1%80%20%D1%8D%D0%BD%D0%B5%D1%80%D0%B3%D0%B8%D1%8F.jpg)",
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  "timestamp": "2021-06-28T07:55:33",
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      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "2ynaho-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jun 21 - [Ethereum Plunges Below $2,000](https://decrypt.co/74066/ethereum-plunges-below-2000)\n\n🖊️ Jun 22 -  [Bitcoin Dips Below USD 30,000](https://cryptonews.com/news/bitcoin-dips-below-usd-30-000-10791.htm)\n\n🖊️ Jun 23 - [Meme Coins Are Among Worst Performers This Week](https://cryptonews.com/news/meme-coins-are-among-worst-performers-this-week-10801.htm)\n\n🖊️ Jun 24 - [Bitcoin price recovery tops out at $35,000](https://coingape.com/bitcoin-price-recovery-tops-out-at-35000-as-billionaire-mark-cuban-brands-gold-useless-as-an-inflation-hedge/) as billionaire Mark Cuban brands gold useless as an inflation hedge\n\n🖊️ Jun 25 - [Ethereum's hash rate sinks 20% after China's mining shutdown orders](https://www.theblockcrypto.com/post/109629/ethereum-hash-rate-sink-china-mining-shutdown?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Jun 26 - [Palestine explores the possibility of issuing its own digital currency](https://coinnounce.com/palestine-explores-the-possibility-of-issuing-its-own-digital-currency/)\n\n🖊️ Jun 27 - [Mexican Bank, Banco Azteca Working to be the First Bank in Mexico to Accept Bitcoin](https://coingape.com/maxican-bank-banco-azteca-accept-bitcoin/)\n\n![digest 4 (3).jpg](https://cdn.steemitimages.com/DQmQJCfa45n82X3xo858rbEuaHvijUEBpDfQaV8yi5T6y2D/digest%204%20(3).jpg)",
      "json_metadata": "{\"tags\":[\"hotnews\",\"crypto\",\"cryptocurrency\",\"btc\",\"digest\",\"weekly\"],\"image\":[\"https://cdn.steemitimages.com/DQmQJCfa45n82X3xo858rbEuaHvijUEBpDfQaV8yi5T6y2D/digest%204%20(3).jpg\"],\"links\":[\"https://decrypt.co/74066/ethereum-plunges-below-2000\",\"https://cryptonews.com/news/bitcoin-dips-below-usd-30-000-10791.htm\",\"https://cryptonews.com/news/meme-coins-are-among-worst-performers-this-week-10801.htm\",\"https://coingape.com/bitcoin-price-recovery-tops-out-at-35000-as-billionaire-mark-cuban-brands-gold-useless-as-an-inflation-hedge/\",\"https://www.theblockcrypto.com/post/109629/ethereum-hash-rate-sink-china-mining-shutdown?utm_source=cryptocompare&utm_medium=rss\",\"https://coinnounce.com/palestine-explores-the-possibility-of-issuing-its-own-digital-currency/\",\"https://coingape.com/maxican-bank-banco-azteca-accept-bitcoin/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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{
  "trx_id": "1b277e71d0b37abd5b165e9262a7653480af08a6",
  "block": 54846760,
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  "timestamp": "2021-06-22T09:28:00",
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      "parent_author": "",
      "parent_permlink": "bitforex",
      "author": "bitforex",
      "permlink": "why-is-bitcoin-growing-so-fast",
      "title": "Why is Bitcoin growing so fast?",
      "body": "Bitcoin has a tenacious hold on the market. It’s also a superstar on social media, hip, and in-demand. Compared to some of the biggest tech startups, it is one of the fastest-growing multi-million-dollar industries the world has seen. This decentralized superorganism has reached $1 trillion within a period twice as fast as most leading companies. Despite the critics’ dire predictions, BTC forged new records, touching the $50,000 - $63,000 marks this year. And one question is on everyone’s lips: to what does Bitcoin owe this miraculous success? Let’s figure it out together.\n\nAccording to Crypto Parrott, a cryptocurrency social trading simulator, it took retail giants like Amazon a quarter of a century to reach a $1 trillion market cap, almost half a century for Microsoft, and 42 years for Apple. Interestingly, Google was faster than everyone else - 21 years to complete the mission. Nevertheless, they all pale in the shadow of the king of crypto – it took BTC just 12 years to fly so high. But this is not just due to coincidence. Bitcoin has some distinctive features that gave it this competitive advantage. You need to understand that the market value of Bitcoin is different from the other traditional assets. Traditional players offer material products, the demand for which contributes to the growing demand. The rise in Bitcoin’s market capitalization is mostly driven by speculation. But institutional investors can radically alter the situation.\n\nMore and more biggies have drawn attention to the crypto world to date. MicroStrategy and Tesla are cases in point. These companies invested more than $ 2.2 billion and $ 1.5 billion in BTC, respectively. Likewise, we have seen firms like Square putting hundreds of millions of dollars into this undeniably ingenious invention. All these events could not leave the digital Gold unaffected. So, it caused a drastic price hike in 2020-2021.\n\nFurthermore, we have witnessed new additions to the Bitcoin space, such as Ethereum ETFs in Canada or the Coinbase listing on Nasdaq. They also potentially help digital currency by ensuring Satoshi maintains its trillion-dollar position.\n\nCelebrities are catching up with the crypto space as well. One of the best-selling music artists of all time, Eminem, announced that he would be dropping his first NFT (Non-Fungible Token) release. The Weekend, a Canadian singer and record producer, teases a new song to be released as NFT. It cannot but please us because the future currency revolution is well underway. Let’s hope it will eventually be unstoppable.\n \n![image.png](https://cdn.steemitimages.com/DQmdTAqDE2DNidaETjnfhL5k9r4ML2PpNk2T3VqwMqs1gcR/image.png)",
      "json_metadata": "{\"tags\":[\"bitforex\",\"defi\",\"blockchain\",\"crypto\",\"btc\",\"nft\"],\"image\":[\"https://cdn.steemitimages.com/DQmdTAqDE2DNidaETjnfhL5k9r4ML2PpNk2T3VqwMqs1gcR/image.png\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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{
  "trx_id": "9a7abe817754feced1c50856aeb2e389e51de54a",
  "block": 54816370,
  "trx_in_block": 5,
  "op_in_trx": 0,
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  "timestamp": "2021-06-21T07:57:57",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "3yggfx-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jun 14 - [No Crypto in G7 Wrap-up](https://cryptonews.com/news/no-crypto-in-g7-wrap-up-but-traders-miners-will-still-want-t-10677.htm), but Traders, Miners Will Still Want to Take Note\n\n🖊️ Jun 15 -  Crypto Analyst Predicts [Other Nations Will Follow El Salvador’s Adoption of Bitcoin](https://www.cryptoglobe.com/latest/2021/06/crypto-analyst-predicts-other-nations-will-follow-el-salvadors-adoption-of-bitcoin/)\n\n🖊️ Jun 16 - [Binance Smart Chain’s Daily Transaction Count Drops by 60% in 1 Month](https://en.ethereumworldnews.com/binance-smart-chains-daily-transaction-count-drops-by-60-in-1-month/)\n\n🖊️ Jun 17 - [Bitcoin fails to break $41,000](https://cryptoslate.com/bitcoin-fails-to-break-41000-even-as-green-crypto-mining-gains-traction-whats-next/) even as ‘green’ crypto mining gains traction. What’s next?\n\n🖊️ Jun 18 - Data shows [Bitcoin is relatively ‘cheap’ at these prices](https://cryptoslate.com/data-shows-bitcoin-is-relatively-cheap-at-these-prices-best-to-buy-time-for-new-investors/), “best to buy” time for new investors\n\n🖊️ Jun 19 - [A 557% hike for Cardano – Is it possible?](https://ambcrypto.com/a-557-hike-for-cardano-is-it-possible/)\n\n🖊️ Jun 20 - [Is $24,000 Bitcoin’s Next Stop?](https://zycrypto.com/is-24000-bitcoins-next-stop-robert-kiyosaki-warns-of-impending-biggest-crash-in-world-history/) Robert Kiyosaki Warns Of Impending “Biggest Crash In World History”\n\n\n![digest 4 (46).jpg](https://cdn.steemitimages.com/DQmU9ohsw3pDM887WizedarTSN3aAW7MzpwFUREmKV1ab5u/digest%204%20(46).jpg)",
      "json_metadata": "{\"tags\":[\"hotnews\",\"crypto\",\"cryptocurrency\",\"btc\",\"digest\",\"weekly\"],\"image\":[\"https://cdn.steemitimages.com/DQmU9ohsw3pDM887WizedarTSN3aAW7MzpwFUREmKV1ab5u/digest%204%20(46).jpg\"],\"links\":[\"https://cryptonews.com/news/no-crypto-in-g7-wrap-up-but-traders-miners-will-still-want-t-10677.htm\",\"https://www.cryptoglobe.com/latest/2021/06/crypto-analyst-predicts-other-nations-will-follow-el-salvadors-adoption-of-bitcoin/\",\"https://en.ethereumworldnews.com/binance-smart-chains-daily-transaction-count-drops-by-60-in-1-month/\",\"https://cryptoslate.com/bitcoin-fails-to-break-41000-even-as-green-crypto-mining-gains-traction-whats-next/\",\"https://cryptoslate.com/data-shows-bitcoin-is-relatively-cheap-at-these-prices-best-to-buy-time-for-new-investors/\",\"https://ambcrypto.com/a-557-hike-for-cardano-is-it-possible/\",\"https://zycrypto.com/is-24000-bitcoins-next-stop-robert-kiyosaki-warns-of-impending-biggest-crash-in-world-history/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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{
  "trx_id": "d70f1c5533d243cca6557ecb076718fb2e69fc0d",
  "block": 54616330,
  "trx_in_block": 2,
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  "timestamp": "2021-06-14T08:02:24",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "2hh9uz-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Jun 7 - [Will Cardano Kill Ethereum?](https://coinpedia.org/altcoin/will-cardano-kill-ethereum/) Bullish Moves on The Way!\n\n🖊️ Jun 8 -  [ETHEREUM on exchanges hit a 2-year low;](https://ambcrypto.com/ethereum-on-exchanges-hit-a-2-year-low-so-what-does-this-mean-for-its-price/)so what does this mean for its price?\n\n🖊️ Jun 9 - [El Salvador becomes the first country ever to make bitcoin legal tender](https://www.theblockcrypto.com/post/107699/el-salvador-becomes-the-first-country-ever-to-make-bitcoin-legal-tender?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Jun 10 - [El Salvador Approves Law Making Bitcoin Legal Tender](http://www.chaindd.com/3588079.html?lang=en&wxshare=1)\n\n🖊️ Jun 11 - [Texas to Allow State Banks to Hold Bitcoin](https://decrypt.co/73283/texas-allow-state-banks-hold-bitcoin)\n\n🖊️ Jun 12 - Top Market Indicators Suggest [Crypto Market is in ‘Cool-Off’ Phase](https://coingape.com/top-market-indicators-suggest-crypto-market-is-in-cool-off-phase/)\n\n🖊️ Jun 13 - [Bitcoin's Bear Market Is Ending](https://seekingalpha.com/article/4434571-bitcoins-bear-market-is-ending)\n\n![digest 4 (44).jpg](https://cdn.steemitimages.com/DQmT7uuPgVkqvbtER3in64F5z8q3ptnLjw71zKekxvxrLnk/digest%204%20(44).jpg)",
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  "timestamp": "2021-06-12T08:14:39",
  "op": [
    "transfer",
    {
      "from": "crypto.piotr",
      "to": "bitforex",
      "amount": "0.003 STEEM",
      "memo": "Regarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most reputable witness. You can find it here: https://worldofxpilar.com/dash.php . I've helped testing it and it's WORKING GREAT so far (In case if you would have any questions, consider joining their discord channel: https://discord.com/invite/VAHHsmnNaJ )"
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{
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  "block": 54446278,
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  "timestamp": "2021-06-08T09:15:57",
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    {
      "parent_author": "",
      "parent_permlink": "bitforex",
      "author": "bitforex",
      "permlink": "best-vacation-destinations-for-crypto-lovers",
      "title": "Best Vacation Destinations for Crypto Lovers",
      "body": "With the pandemic (hopefully) rounding up, more countries are reopening their borders for international tourism. Vaccination is well underway, so it looks like people will be able to spend their vacation abroad this summer. What is an ideal destination for a permanent stay or short relaxation for crypto lovers? Here are some options to choose from.\n\n# The Bahamas\n\nIt is difficult to imagine a better place to relax than the warm Bahamas atmosphere. There are no updates on new coronavirus cases to date, so there are no safety concerns. The Bahama Islands are famous for launching the world’s first CBDC. The Sand Dollar is the first digital currency issued by a central bank that went beyond the pilot phase to life. What is more, the regulatory authorities will insist on its greater adoption this summer. So, hikers can take part in that historic occasion and bear witness to the opening of a new chapter in crypto history. The country also boasts high-speed internet and premium neighborhoods.\n\n# Cyprus\n\nLike any offshore state, Cyprus is very loyal to crypto and businesses, easily attracting investors, startup owners, and crypto exchanges to the jurisdiction. Although the local authorities have recently discouraged citizens from investing in digital Gold, you can still convert it into fiat through a number of platforms. This is why it is a paradise for holders.\n\nTo enter Cyprus, passengers need to provide a vaccination certificate through the “Cyprus Flight Pass” service. In addition to this, vaccinated persons may be required to take some tests during their stay in line with the recent safety guidelines designed by the Government.\n\n# Greece\n\nYou can conduct crypto transactions using popular online platforms in Hellas. This is a major motivation for crypto fans and enthusiasts to visit Greece.  \n\nThe cradle of civilization has begun opening the doors more readily to US residents with COVID-19 vaccinations. Nevertheless, intending tourists must have taken the second jab of their COVID-19 vaccines several weeks before making the trip. Tourists from other countries must present a negative COVID-19 test result on arrival.\n\n# Georgia\n\nGeorgia provides users with a fast and decentralized way to sell crypto for fiat and vice versa. Individuals don’t have to pay the tax on income earned from the sale of crypto. Any transactions with digital cash are non-taxable. The same goes for the Lari, the official currency of Georgia.\n\nThe first step is to get your immunization records updated and ready. Unvaccinated residents of the USA are also welcomed, provided they came via certain countries and are healthy.\n\n# Grenada\n\nThe market here remains largely unregulated so that crypto fans can take advantage of it. There are many well-known exchanges where you can switch between trading coins and XCD, making it quite easy to buy or pay off.  \n\nThe national authorities allow all vaccinated Americans to enter Grenada. However, every visitor, including those who were recently vaccinated, will be quarantined first for two days while officials run a confirmatory COVID-19 test.\n\n![for Crypto Lovers.jpg](https://cdn.steemitimages.com/DQmNm4cW5yxa72goNdmtujpG79VFHSk2fA9jkVucVQpJ6sm/for%20Crypto%20Lovers.jpg)",
      "json_metadata": "{\"tags\":[\"bitforex\",\"crypto\",\"defi\",\"trading\",\"blockchain\",\"vacation\",\"holiday\"],\"image\":[\"https://cdn.steemitimages.com/DQmNm4cW5yxa72goNdmtujpG79VFHSk2fA9jkVucVQpJ6sm/for%20Crypto%20Lovers.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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{
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  "timestamp": "2021-06-07T07:35:54",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "4u5fbx-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ May 31 - [XRP Price Rockets 15%](https://zycrypto.com/xrp-price-rockets-15-to-1-as-ripple-stops-sec-from-accessing-its-legal-communications/) To $1 As Ripple Stops SEC From Accessing Its Legal Communications\n\n🖊️ Jun 1 - [Bitcoin Closed May as the Second-Worst Performing Month](https://cryptopotato.com/bitcoin-closed-may-as-the-second-worst-performing-month-with-a-35-drop/) With a 35% Drop\n\n🖊️ Jun 2 - [Dogecoin to Get Listed on Coinbase Pro](https://www.cryptonewsz.com/dogecoin-to-get-listed-on-coinbase-pro/)\n\n🖊️ Jun 3 - [You Can Pay for This Electric Car](https://www.cryptoglobe.com/latest/2021/06/you-can-pay-for-this-electric-car-with-crypto-and-it-can-mine-crypto-while-parked/) With Crypto and It Can Mine Crypto While Parked\n\n🖊️ Jun 4 - [Elon Musk’s reputation plummets](https://cryptoslate.com/elon-musks-reputation-plummets-following-his-bitcoin-energy-attack/) following his Bitcoin energy attack\n\n🖊️ Jun 5 - [Google Just Announced New Terms for Crypto Businesses](https://dailyhodl.com/2021/06/04/google-just-announced-new-terms-for-crypto-businesses-this-is-what-they-must-do-starting-next-month/) – This Is What They Must Do Starting Next Month\n\n🖊️ Jun 6 - [DeFi projects like Yearn.finance, CRV, SUSHI will likely take this price path](https://ambcrypto.com/defi-projects-like-yearn-finance-crv-sushi-will-likely-take-this-price-path/)\n\n\n![image.png](https://cdn.steemitimages.com/DQmcpP4osFT5iDVvTGVgvUAQh5eVDruX5evfLjuEQ2wCkMn/image.png)",
      "json_metadata": "{\"tags\":[\"hotnews\",\"crypto\",\"cryptocurrency\",\"btc\",\"digest\",\"weekly\"],\"image\":[\"https://cdn.steemitimages.com/DQmcpP4osFT5iDVvTGVgvUAQh5eVDruX5evfLjuEQ2wCkMn/image.png\"],\"links\":[\"https://zycrypto.com/xrp-price-rockets-15-to-1-as-ripple-stops-sec-from-accessing-its-legal-communications/\",\"https://cryptopotato.com/bitcoin-closed-may-as-the-second-worst-performing-month-with-a-35-drop/\",\"https://www.cryptonewsz.com/dogecoin-to-get-listed-on-coinbase-pro/\",\"https://www.cryptoglobe.com/latest/2021/06/you-can-pay-for-this-electric-car-with-crypto-and-it-can-mine-crypto-while-parked/\",\"https://cryptoslate.com/elon-musks-reputation-plummets-following-his-bitcoin-energy-attack/\",\"https://dailyhodl.com/2021/06/04/google-just-announced-new-terms-for-crypto-businesses-this-is-what-they-must-do-starting-next-month/\",\"https://ambcrypto.com/defi-projects-like-yearn-finance-crv-sushi-will-likely-take-this-price-path/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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{
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  "timestamp": "2021-05-31T07:37:24",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "2ogxda-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ May 24 - Bitcoin Dominance Rises Again As Funds Are Buying The Dip\nhttps://cryptonews.com/news/bitcoin-dominance-rises-again-as-funds-are-buying-the-dip-10424.htm\n🖊️ May 25 - Potential Ban Drives Miners Out Of China\nhttps://cryptocoin.news/news/potential-ban-drives-miners-out-of-china-54074/?utm_source=rss&utm_medium=rss&utm_campaign=potential-ban-drives-miners-out-of-china\n🖊️ May 26 -  Despite Historic Crash, Most Bitcoin Investors Still in Profit: Report\nhttps://decrypt.co/71921/despite-massive-crash-most-bitcoin-investors-profit\n🖊️ May 27 - Uniswap to Launch on Layer 2 Solution Arbitrum\nhttps://cryptobriefing.com/uniswap-launch-layer-2-arbitrum/\n🖊️ May 28 - Vitalik Doubles Down on Proof-of-Stake: It Could Solve Bitcoin’s Problems\nhttps://bitcoinist.com/vitalik-doubles-down-on-proof-of-stake-it-could-solve-bitcoins-problems/?utm_source=rss&utm_medium=rss&utm_campaign=vitalik-doubles-down-on-proof-of-stake-it-could-solve-bitcoins-problems\n🖊️ May 29 - DubaiCoin: Dubai’s first cryptocurrency’s massive growth of 1000% leaves everyone shocked\nhttps://www.cryptopolitan.com/dubaicoin-dubais-first-cryptocurrencys-massive-growth-of-1000-leaves-everyone-shocked/\n🖊️ May 30 - Polkadot and Uniswap: it’s a matter of time before both alts make this move\nhttps://ambcrypto.com/polkadot-and-uniswap-its-a-matter-of-time-before-both-alts-make-this-move/\n\n![digest 4 (25).jpg](https://cdn.steemitimages.com/DQmTdVbxGujxvLWEvMyFfqSivrAG4Uydu1hUzrD5JvdSzZ5/digest%204%20(25).jpg)",
      "json_metadata": "{\"tags\":[\"hotnews\",\"crypto\",\"cryptocurrency\",\"btc\",\"digest\",\"weekly\"],\"image\":[\"https://cdn.steemitimages.com/DQmTdVbxGujxvLWEvMyFfqSivrAG4Uydu1hUzrD5JvdSzZ5/digest%204%20(25).jpg\"],\"links\":[\"https://cryptonews.com/news/bitcoin-dominance-rises-again-as-funds-are-buying-the-dip-10424.htm\",\"https://cryptocoin.news/news/potential-ban-drives-miners-out-of-china-54074/?utm_source=rss&utm_medium=rss&utm_campaign=potential-ban-drives-miners-out-of-china\",\"https://decrypt.co/71921/despite-massive-crash-most-bitcoin-investors-profit\",\"https://cryptobriefing.com/uniswap-launch-layer-2-arbitrum/\",\"https://bitcoinist.com/vitalik-doubles-down-on-proof-of-stake-it-could-solve-bitcoins-problems/?utm_source=rss&utm_medium=rss&utm_campaign=vitalik-doubles-down-on-proof-of-stake-it-could-solve-bitcoins-problems\",\"https://www.cryptopolitan.com/dubaicoin-dubais-first-cryptocurrencys-massive-growth-of-1000-leaves-everyone-shocked/\",\"https://ambcrypto.com/polkadot-and-uniswap-its-a-matter-of-time-before-both-alts-make-this-move/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "3w6k5r-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ May 17 - [Ethereum Co-Founder Vitalik Buterin](https://decrypt.co/71107/ethereum-co-founder-vitalik-buterin-burns-6-74-billion-in-shiba-inu) Burns $6.74 Billion in Shiba Inu\n\n🖊️ May 18 - [Fox teams up with Rick and Morty co-creator](https://cointelegraph.com/news/fox-teams-up-with-rick-and-morty-co-creator-on-animated-nft-series) on animated NFT series\n\n🖊️ May 19 - [Bitcoin dumps to $38,500](https://cryptoslate.com/bitcoin-dumps-to-38500-2-billion-in-crypto-liquidations-as-market-drops/), $2 billion in crypto liquidations as market drops\n\n🖊️ May 20 - [$750 Million in Bitcoin Withdrawn From Exchanges](https://cryptopotato.com/750-million-in-bitcoin-withdrawn-from-exchanges-after-the-bloodbath-to-30000/) After the Bloodbath to $30,000\n\n🖊️ May 21 - [Buterin: ‘Elon Musk’s Influence on Crypto Prices Won’t Last Forever’](https://cryptonews.com/news/buterin-elon-musk-s-influence-on-crypto-prices-won-t-last-fo-10401.htm)\n\n🖊️ May 22 - [Elon Musk’s Influence on the Cryptocurrency Space](https://timesnext.com/elon-musks-influence-on-the-cryptocurrency-space/)\n\n🖊️ May 23 - [Crypto Market Cap Sinks Below $1.5T](https://decrypt.co/71741/crypto-market-cap-sinks-below-1-5t-as-btc-and-eth-continue-to-crash) as BTC and ETH Continue to Crash\n\n![digest 4 (24).jpg](https://cdn.steemitimages.com/DQmZFJpamxssCDz4Yt8kNAk9D8mpDXaajqYHDAwJ5yhqWjZ/digest%204%20(24).jpg)",
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      "parent_permlink": "bitforex",
      "author": "bitforex",
      "permlink": "the-chicken-or-the-egg-why-nfts-could-be-fungible-after-all-can-nft-be-fungible",
      "title": "The Chicken Or The Egg: Why NFTs Could Be Fungible After All Can NFT be fungible?",
      "body": "Let’s answer together.\n\n# Fungibility\nWhile this may sound complicated, it is actually not. The concept of fungibility is simple – it refers to the things we own and use in our daily lives in modern society. These can be either real or virtual assets. For instance, a dollar in your bag or the BTC in your wallet is a case in point; both are easily replaceable.\n\n# NFT\nThe non-fungible token is an absolute game-changer for crypto. \n\nSuch tokens, for the most part, are based on the ERC-1155 standard. They guarantee non-fungibility. So, they cannot carry out a usual currency role.\n\nThe ERC-20 introduces a standard for Fungible Tokens. In other words, this fact allows you to issue identical tokens that can serve as a real currency. This makes the idea of using an ERC-20 token for something outstanding or exceptional absurd.\n\n# Let’s Dream Up a Little\nNow, across the gulf of space and time, on another planet called \"Anything is possible\", someone issued 21.000.000 of NFTs on the ERC-1155 standard. Just for the sake of this discussion, do you know, hypothetically, what will happen with non-fungible tokens then? \n\nThe answer is obvious: one token would be easily replaced by another. This leads to an unexpected discovery: tokens would act as a real currency in a very natural way – a move that will subsequently draw the wrath of regulators.\n\nCan an ERC-20 token with a permanent total supply of 1 be an NFT? Users were recently asked this question on Twitter. Approximately half of the people who responded said \"Yes\", about 30% of respondents said \"No\". Others abstained or did not answer.\n\n# Bottom Line\nOf course, we are not claiming any facts; all we have here are guesses and assumptions. Realistically, none of that matters; what matters is that NFT is a big hit now. \n\n\n\n![Frame 647 (2).png](https://cdn.steemitimages.com/DQmdSU4bhaftVH2jPBTJBYGgS6nNhskWG8bLwrVXo8X9Zvs/Frame%20647%20(2).png)",
      "json_metadata": "{\"tags\":[\"bitforex\",\"defi\",\"crypto\",\"nft\",\"token\",\"erc20\",\"eth\"],\"image\":[\"https://cdn.steemitimages.com/DQmdSU4bhaftVH2jPBTJBYGgS6nNhskWG8bLwrVXo8X9Zvs/Frame%20647%20(2).png\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_author": "",
      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "57tqoo-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ May 10 - Elon Musk-owned  [SpaceX gets paid in Dogecoin](https://cryptoslate.com/elon-musk-owned-spacex-gets-paid-in-dogecoin-for-new-mission/) for new mission\n\n🖊️ May 11 - [$1.7 billion liquidated as crypto markets dumps after ‘petcoin’ frenzy](https://cryptoslate.com/1-7-billion-liquidated-as-crypto-markets-dumps-after-petcoin-frenzy/)\n\n🖊️ May 12 - [9 CryptoPunks sell for $17M](https://cointelegraph.com/news/9-cryptopunks-sell-for-17m-at-christie-s-auction-house) at Christie’s auction house\n\n🖊️ May 13 - [BTC dropped below $50,000](https://www.theblockcrypto.com/linked/104725/btc-below-50000-2-billion-liquidation?utm_source=cryptocompare&utm_medium=rss) as $2 billion in crypto long positions liquidated\n\n🖊️ May 14 - Bitcoin’s Environmental Concerns: [Tesla Backs Out](https://timesnext.com/bitcoins-environmental-concerns-tesla-backs-out/)\n\n🖊️ May 15 - [Cardano (ADA) Shoots 17%](https://coingape.com/cardano-ada-shoots-17-hitting-a-new-all-time-high-of-2-18-grabs-top-5-crypto-spot/) Hitting A New All-Time High of $2.18, Grabs Top-5 Crypto Spot\n\n🖊️ May 16 -Why Uniswap, Cardano, Solana, and Dogecoin Could Become [Best-Performing Cryptos Of 2021](https://zycrypto.com/why-uniswap-cardano-solana-and-dogecoin-could-become-best-performing-cryptos-of-2021/)\n\n![digest 4.png](https://cdn.steemitimages.com/DQmX4oGQ4F2i1r1N8rF4XgPQyo7FPfAQTim9L3t8zbc6RBo/digest%204.png)",
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      "parent_permlink": "bitforex",
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      "title": "What happens when Wallmart buys $1 billion of Bitcoin?",
      "body": "Walmart has recently become a hotbed of conversation in the crypto world. But the one question on everyone's lips is, “What happens if the retail corporation buys a large number of Bitcoins?” Will this trigger the process of \"hyper-Bitcoinization\"? Let’s figure it out together.\n\nSome analysts believe that Walmart will eventually purchase a huge number of BTC, one way or another. It's not about if; it’s only when. They have drawn a parallel between the world's largest company by revenue and Tesla. By making this declaration, they are aware of strong interests from the big guys in the industry, who also want to make massive investments in this digital gold. But the problem is, they don't ring any bell with ordinary people. When it comes to Walmart, everything is different. It is a world-famous brand loved by everyone, including children and adults. This reputation is solid enough to get the ball rolling.\n\nWalmart may start accepting BTC as a means of payment in its over 11,000 stores. But despite the technical feasibility of adopting such a solution, it's still better to store BTC than sell it. Plus, Walmart staff may ask for their salary in Bitcoins. While there is no guarantee that the retail giant will go for it, such an inflationary asset falling into their hands will have them go on paying with it. \n\nIn all of these, it's possible that Walmart workers can make up their mind on whether to convert a part of the salary into BTC or not (on a case-by-case basis). The company's owners can also start buying BTC and use it for donations. Fair enough, we have a decentralized superorganism currently competing with other types of money, with strong chances of getting the better of them.\n\nAll of this may sound like a pipe dream or just a reasonably logical forecast. But these could go beyond ordinary analysts’ guess to reality.  Walmart's potential investment in BTC can make this high-yielding alternative asset class more credible in the eyes of people.\n\n![bit.jpg](https://cdn.steemitimages.com/DQmPScxRvJNYfckULZ38ct1U3WkcC2MxYRieEVxxXEveMjB/bit.jpg)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "q1ufp-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ May 3 - [Ethereum breaks $3,000](https://cryptoslate.com/ethereum-breaks-3000-its-now-more-valued-than-bank-of-america/) — it’s now more valued than Bank of America\n\n🖊️ May 4 - [Dogecoin beats Tether’s market cap](https://coinnounce.com/dogecoin-beats-tethers-market-cap-as-it-enters-the-top-5-cryptocurrencies/) as it enters the top 5 cryptocurrencies\n\n🖊️ May 5 - 40% intend to use crypto for payments in the next year: [Mastercard survey](https://cointelegraph.com/news/40-intend-to-use-crypto-for-payments-in-the-next-year-mastercard-survey)\n\n🖊️ May 6 - Federal Reserve Bank Paper: [DeFi May Cause a Paradigm Shift](https://www.cryptonewsz.com/federal-reserve-bank-paper-defi-may-cause-a-paradigm-shift/)\n\n🖊️ May 7 - [22.8% Of Ethereum’s Circulating Supply is Deposited in Smart Contracts](https://en.ethereumworldnews.com/22-8-of-ethereums-circulating-supply-is-deposited-in-smart-contracts/ )\n\n🖊️ May 8 - [Dogecoin (DOGE) Broke All-Time High Above $0.7](https://cryptopotato.com/dogecoin-doge-broke-all-time-high-above-0-7-following-elon-musks-recent-tweets/) Following Elon Musk’s Recent Tweets\n\n🖊️ May 9 - [Cardano smashes new all-time high](https://cointelegraph.com/news/cardano-smashes-new-all-time-high-following-14-gain) following 14% gain\n\n![digest 4.jpg](https://cdn.steemitimages.com/DQmVotdG9GpiPtXWQDWfc8r5WzA1YR6TGQZ4V7sWJePofxL/digest%204.jpg)",
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      "parent_permlink": "bitforex",
      "author": "bitforex",
      "permlink": "bitcoin-mass-adoption-solutions",
      "title": "Bitcoin Mass Adoption Solutions",
      "body": "It is rather sad, but still a reality, that Bitcoin remains one of the most undervalued assets out there. What are the features it needs to add to be a replacement for traditional money?  Is there a light at the end of the tunnel? This article will walk you through some Bitcoin mass adoption solutions. So, tighten your seat belt and brace yourself for an exciting journey ahead.\nStore of Value\nOver the past years, the world’s central banks have constantly pursued a policy of cheap money. They keep pumping money into financial markets and economies from then till date. Due to the difficult and often tragic situation, people find themselves in, cash is becoming a thing of the past.\nUsers will value Bitcoin in the future because its supply is limited to 21 Million. People, by nature, are drawn irresistibly towards rare things. This limit of 21 million has not changed in ten-plus years. No government or bank can switch on the money printing machine and get more Bitcoins. This stellar reputation is one of the reasons it is far easier to trust this coin.  \nAlternative Payment Method\nSome people still believe crypto is the money of criminals and do-nothings. It is unfair, but BTC could live with the unfairness. To illustrate an entirely different point, Bitcoin is the new means of money. It could become an important asset for our everyday activities in the future. Someday soon, people will be able to buy groceries at the supermarket or movie tickets with Bitcoin.\nRevolutionary Technology\nThe Bitcoin network is based on a distributed database (blockchain), which connects thousands of user software wallets.\nUnlike traditional payment networks such as Visa, the Bitcoin network is not managed by a single organization or individual. The very idea was to allow money to change hands without the involvement of a central bank or any central authority. The system represents a decentralized computer network located around the world that tracks all transactions of digital funds. That’s why Bitcoin is not a currency for the government; it's a global currency for the people. \nAll these features can make hyper-bitconization happen. Believe in the BTC gospel, and you can become a part of the future currency revolution. \n\n![битфор биткоин.jpg](https://cdn.steemitimages.com/DQmbSoNNK49LgY7uJQBXaWWZwbSZACaofd9yNf7T47Jn7WF/%D0%B1%D0%B8%D1%82%D1%84%D0%BE%D1%80%20%D0%B1%D0%B8%D1%82%D0%BA%D0%BE%D0%B8%D0%BD.jpg)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "26uygg-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Apr 26 - [DeFi Ecosystem Continues to Grow]( https://www.cryptonewsz.com/defi-ecosystem-continues-to-grow-at-an-enviable-pace/) at an Enviable Pace\n\n🖊️ Apr 27 - Long Time [Dogecoin Developer Sporklin](https://cryptopotato.com/dogecoin-developer-sporklin-dies-cancer/) Dies After Losing a Battle Against Cancer\n\n🖊️ Apr 28 - [MetaMask’s Active User Base](https://cryptopotato.com/metamasks-active-user-base-has-increased-5x-in-6-months-to-5-million/) Has Increased 5x in 6 Months to 5 Million\n\n🖊️ Apr 29 - Bitcoin Dominance Dives To Lowest In Years, [Altcoin Season Is Finally Here](https://www.newsbtc.com/news/bitcoin/bitcoin-dominance-altcoin-season/)\n\n🖊️ Apr 30 - [Biggest Token Burning in History](https://www.newsbtc.com/news/company/biggest-token-burning-in-history-sensorium-burns-over-10b-worth-of-senso-tokens-reveals-nft-functionality/): Sensorium Burns Over $10B Worth of SENSO Tokens; Reveals NFT Functionality\n\n🖊️ May 1 - [Bitcoin Traders Yet to Show Confidence in BTC’s Recent Drive to $58k](https://en.ethereumworldnews.com/bitcoin-traders-yet-to-show-confidence-in-btcs-recent-drive-to-58k/)\n\n🖊️ May 2 - [Ethereum Nears $3,000](https://www.trustnodes.com/2021/05/02/ethereum-nears-3000)\n\n![digest 4 (18).jpg](https://cdn.steemitimages.com/DQmTSAKFGW9mKDQiyG2geXcJSnjSKUqBGqEUf65Bro4tR6h/digest%204%20(18).jpg)",
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      "title": "⚡Crypto Digest",
      "body": "🖊️ Apr 19 - Chinese regulator says [Bitcoin is an ‘alternative investment’](https://cryptoslate.com/chinese-regulator-says-bitcoin-is-an-alternative-investment/)\n\n🖊️ Apr 20 - [Dogecoin ($DOGE) Now Accepted as a Means of Payment](https://www.cryptoglobe.com/latest/2021/04/dogecoin-doge-now-accepted-as-a-means-of-payment-says-online-retailer-newegg-on-dogeday/), Says Online Retailer Newegg on #DogeDay\n\n🖊️ Apr 21 - [Facebook’s Diem Stablecoin](https://cryptopotato.com/facebooks-diem-stablecoin-could-be-launched-by-the-end-of-2021-report/) Could be Launched by the End of 2021: Report\n\n🖊️ Apr 22 - Nearly Two-Thirds of [US Adults are 'Crypto Curious'](https://decrypt.co/68578/nearly-two-thirds-of-us-adults-are-crypto-curious-survey): Survey\n\n🖊️ Apr 23 - [Bitcoin price falls below $50,000](https://www.theblockcrypto.com/linked/102690/bitcoin-price-below-50000?utm_source=cryptocompare&utm_medium=rss)\n\n🖊️ Apr 24 - [14% of Americans Own Crypto](https://cryptopotato.com/bitcoin-most-popular-but-americans-hold-more-ethereum-and-bitcoin-cash-survey/), Bitcoin Remains Most Popular: Survey\n\n🖊️ Apr 25 - [Peter Brandt: “Biden Presidency May Become A Big Negative Factor For Bitcoin”](https://zycrypto.com/peter-brandt-biden-presidency-may-become-a-big-negative-factor-for-bitcoin/)\n\n![image.png](https://cdn.steemitimages.com/DQmcZHkBRAZhR9dAj92hTVkKVgjMDkTDtTzFDu7ZtnivqpP/image.png)",
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      "title": "Cryptocurrencies are democratizing the financial world",
      "body": "# Quick Take\nA modern financial and banking system is not perfect. We have to recognize that we gave it a place in our lives that it had not earned. Customers pay high fees to banks and don't understand where their money is going. Banks have to maintain a large staff of workers and use the SWIFT system which is not very reliable. But there's a solution: Blockchain paired with cryptocurrency. They allow you to cut out the middleman in the banking transactions and automate many processes. The efficiency of the banking system will also be improved by reducing costs. Banks can gain additional sources of revenue, thanks to the emergence of new business models and products based on the blockchain. But first things first.\n\n# Blockchain\nAccording to the Global Innovation Index 2014 and IMF Financial Access Survey, two billion people have insufficient access or none at all to banking services. This is sad but true.\nThe study found that a traditional bank account offers more quality of life: people have great potential in terms of borrowing money for education, business, real estate purchase, etc. Of course, there are obstacles and difficulties on the way.\nMore importantly, a huge number of people cannot obtain credit through normal channels, because they have to collect an extraordinary number of  documents and wait several weeks for an identity check.\nIn some countries, all the above goes hand in hand with extremes of terrain and distance.\n\nNow there's a solution to all these problems. While it is most commonly associated with Bitcoin and other cryptocurrency applications, the blockchain is capable of so much more. Using this revolutionary technology, you can create a common KYC registry that can be used by several banks in the region. The system of full transparency and connectedness lends the blockchain its trust and credibility.\n\nA blockchain-based payment system can simplify the implementation of digital money. Even in countries where a large number of people are excluded from the banking system, almost everyone has a mobile phone.\nPeople want to buy goods from neighboring countries, migrant workers want to send money home, and communities want to control their own ecosystems. By creating a blockchain payment system and connecting it to mobile phones, users will be able to send funds across the border fast and cheap. You don't have to wait in long queues, to send money. you could send money from home! plus it doesn't cost much\n\n# Cryptocurrency\nMost people around the globe are very displeased by their own government, hence they have little confidence in the banking system. The positive effects of decentralization, anonymity, transparency, transaction speed, and minimal costs all explain why an asset class that frowns on regulatory oversight is becoming increasingly popular.\nDecentralization, one of the biggest buzzwords in technology right now, continues to gather enthusiasts and dictate the evolution of the crypto world. While our financial system is failing us, BTC is providing solutions to all the problems we are facing.\n\n\n\n![image.png](https://cdn.steemitimages.com/DQmRQuVe7DEBeUqQVP6GN6itDSMaVrRdqcqfVkWNd4J4ZN2/image.png)",
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      "title": "Cryptocurrencies are democratising financial world",
      "body": "# Quick Take\nA modern financial and banking system is not perfect. We have to recognize that we gave it a place in our lives that it had not earned. Customers pay high fees to banks and don't understand where their money is going. Banks have to maintain a large staff of workers and use the SWIFT system which is not very reliable. But there's a solution: Blockchain paired with cryptocurrency. They allow you to cut out the middleman in the banking transactions and automate many processes. The efficiency of the banking system will also be improved by reducing costs. Banks can gain additional sources of revenue, thanks to the emergence of new business models and products based on the blockchain. But first things first.\n\n# Blockchain\nAccording to the Global Innovation Index 2014 and IMF Financial Access Survey, two billion people have insufficient access or none at all to banking services. This is sad but true.\nThe study found that a traditional bank account offers more quality of life: people have great potential in terms of borrowing money for education, business, real estate purchase, etc. Of course, there are obstacles and difficulties on the way.\nMore importantly, a huge number of people cannot obtain credit through normal channels, because they have to collect an extraordinary number of  documents and wait several weeks for an identity check.\nIn some countries, all the above goes hand in hand with extremes of terrain and distance.\n\nNow there's a solution to all these problems. While it is most commonly associated with Bitcoin and other cryptocurrency applications, the blockchain is capable of so much more. Using this revolutionary technology, you can create a common KYC registry that can be used by several banks in the region. The system of full transparency and connectedness lends the blockchain its trust and credibility.\n\nA blockchain-based payment system can simplify the implementation of digital money. Even in countries where a large number of people are excluded from the banking system, almost everyone has a mobile phone.\nPeople want to buy goods from neighboring countries, migrant workers want to send money home, and communities want to control their own ecosystems. By creating a blockchain payment system and connecting it to mobile phones, users will be able to send funds across the border fast and cheap. You don't have to wait in long queues, to send money. you could send money from home! plus it doesn't cost much\n\n# Cryptocurrency\nMost people around the globe are very displeased by their own government, hence they have little confidence in the banking system. The positive effects of decentralization, anonymity, transparency, transaction speed, and minimal costs all explain why an asset class that frowns on regulatory oversight is becoming increasingly popular.\nDecentralization, one of the biggest buzzwords in technology right now, continues to gather enthusiasts and dictate the evolution of the crypto world. While our financial system is failing us, BTC is providing solutions to all the problems we are facing.\n\n\n![image.png](https://cdn.steemitimages.com/DQmfFCNrbe9VDFKs9g9UeJ9w6pVDcwsGFWbN6KfCTfaNgAb/image.png)",
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      "parent_permlink": "hotnews",
      "author": "bitforex",
      "permlink": "2wx4en-crypto-digest",
      "title": "⚡Crypto Digest",
      "body": "🖊️ Apr 12 - Why [cryptocurrency is booming](https://cointelegraph.com/news/why-cryptocurrency-is-booming-in-india-despite-national-ban-fears) in India despite national ban fears\n\n🖊️ Apr 13 - [Bitcoin breaks new all-time high](https://cointelegraph.com/news/bitcoin-breaks-new-all-time-high-above-63k-what-are-traders-saying) above $63K: What are traders saying?\n\n🖊️ Apr 14 - [DOGE soars 80%](https://cointelegraph.com/news/doge-soars-80-on-the-day-to-become-10th-largest-crypto-by-market-cap) on the day to become 10th largest crypto by market cap\n\n🖊️ Apr 15 - Why [Cardano](https://www.newsbtc.com/news/why-cardano-could-be-the-next-runner-up-to-ethereum/) Could Be The Next Runner Up To Ethereum\n\n🖊️ Apr 16  - [Bitcoin Dips](https://decrypt.co/66732/bitcoin-dips-as-turkey-bans-crypto-payments) as Turkey Bans Crypto Payments\n\n🖊️ Apr 17 - Why [Dogecoin](https://ambcrypto.com/why-dogecoin-continues-to-attract-long-term-hodlers/) continues to attract long-term hodlers\n\n🖊️ Apr 18 - [Peak fear?](https://cointelegraph.com/news/peak-fear-bitcoin-funding-rates-crash-to-lowest-levels-in-7-months) Bitcoin funding rates crash to lowest levels in 7 months\n\n![digest 4 (14).jpg](https://cdn.steemitimages.com/DQmcLURWp8CmEfpNU5GngPcP7hTThafUmPqiVVWgeq9sCRT/digest%204%20(14).jpg)",
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      "permlink": "why-people-are-so-obsessed-with-bitcoin-the-psychology-of-crypto-explained",
      "title": "Why people are so obsessed with bitcoin: the psychology of crypto explained",
      "body": "# Quick Info\nThe first decentralized cryptocurrency reached the $58,400 level on February 21, 2021. Another ATH has shown once again that cryptocurrency has got a big future ahead of it. It has found immense popularity, critical acclaim and big success worldwide. Biggies like Tesla invest in BTC and plan to accept digital gold as a means of payment in the near future.\nSo, what's the secret? Why is everyone crazy about bitcoin? Let’s figure out.\n\n# Flip Side of Volatility\nThe limited supply is one of the reasons for the high volatility of BTC. The maximum and total amount of bitcoins that can ever exist is 21 million. When demand outstrips supply, the price rises.\nTraders and investors use high volatility to earn a high income. To that end, some users turn to a buy and hold strategy: they buy coins, hold them until the price goes up, and then sell them. What could be easier, right?\nBitcoin's volatility also serves as advertisement and attracts more crypto enthusiasts. The more participants in the crypto market, the more opportunities they have for trading and investing.\n\n# FOMO\nWhile some recall known cases of bitcoin theft, others complain about lost opportunities. There were times you could buy socks for 5 BTC per pair! Socks like these would be worth a fortune today... People are obsessed with such stories because they always dream of winning the lottery.  Spoiler: you can't win if you don't play. People understand that earning money on bitcoin is also a kind of lottery. When its price skyrocketed from $7,000 to almost $20,000 in 2017, many users had the worst case of FOMO. As we have seen, missed opportunities come at a high price.\n\n# Social Media\nThe popularity of the leading digital currency by market capitalization is still growing thanks to social media. It is a powerful tool for spreading information which ensures a steady flow of new supporters.\nThe mood on social networks can have a significant impact on the BTC price. When one person buys digital gold, he informs other members of a community about it. It contributes to broadcasting the message further. Effect can be positive, or it can be negative. But in any case, it tends to call attention to even more people.\n\n# New Religion\nAs human history has demonstrated, a new religion is one of the ways to make money. You have to put forward an idea that cannot be criticized or analyzed, people just have to believe in it. You need a strong team of like-minded persons who are convinced of their faith. \nWith their help, this idea should seek to spread within the society. \n\nWhether you like it or not, cryptocurrency is the new religion. The main postulate is its full independence from State control. The whole scheme is based on complete anonymity and trust. The fact is, all of this looks like no one owes anyone anything. In case of  financial shocks in this market, there is absolutely no one to present claims.\nWider dissemination of information about crypto and its huge advantages leads to more and more newbies joining the rank of believers.\n\n# Wealth Creation\nCan bitcoin make me rich ? That is the first question people ask when they hear about BTC. Well, this is understandable, since bitcoin or, let's say, the cryptocurrency industry is a mystery to people around the world. \nThe answer is yes, but you have to play by the rules. Bitcoin is not just an investment, it is a value in itself. Apart from the fact that crypto is not being taught in schools, you need to invest time and money to understand how it works. But let us tell you this: once you get good at this, you will start enjoying the benefits of your efforts.\n\n![image.png](https://cdn.steemitimages.com/DQmSLm3y2b7YPFcSTSNfpzHVeYuMyKQ8UBmMwh11W9YH6Lc/image.png)",
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