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Bottlepay Reportedly, a Micropayments Firm for Bitcoin Gets Acquired by NYDIG

As per the latest reports, an announcement has been made by the New York Digital Investment Group (NYDIG) about its latest acquisition. The NYDIG has announced that it has successfully acquired Bottlepay, a micropayment service based in the United Kingdom.

The New York Digital Investment Group is known for making investments in Bitcoin (BTC). The NYDIG has announced that it has successfully acquired Bottlepay for a huge fee. It is being estimated that the deal between the two firms for the acquisition of Bottlepay has been finalized for a price ranging between $280 million and $300 million.

NYDIG had its eye on Bottlepay for a while because it was back in February of 2021 when NYDIG supported Bottlepay in its funding round. NYDIG had reportedly supported Bottlepay in the seed funding round and helped it raise $15.4 million.

The particular funding round for Bottlepay had been led by Alan Howard, a billionaire investor from Britain. As a result of the funding round, Bottlepay had successfully amassed a market valuation worth $50 million.

Bottlepay is prominently known all over the United Kingdom and the European region for its unique and supportive functionalities. The mobile application powered by Bottlepay utilizes the Bitcoin Lightning Network for processing fast and swift transactions.

Through the application provided by Bottlepay, the users from the particular regions are able to send and receive small amounts. The users can make micropayments that are processed in the form of traditional fiat currencies and Bitcoin. The traditional fiat currencies being referred to are EUR and GBP.

Towards the end of the first quarter of 2021, Reddit and Discord had reportedly launched their digital applications for their users. Just like Reddit and Discord, Bottlepay also helped Twitter in the integration of payments for Bitcoins through the platform.

Bottlepay made it extremely easy for Twitter users to transfer funds to other Twitter/Bottlepay users with a unique and easy tweet format. This way

Pete Cheyne, the founder of Bottlepay has expressed his joy and optimism about the future of Bottlepay after being acquired by NYDIG. He stated that he is more than confident that Bottlepay would still be able to achieve the same and even higher goals after being acquired by the NYDIG.

NYDIG is currently counted among one of the major leaders in the cryptocurrency and finance industry. As NYDIG would use services and technology offered by Bottlepay, it will mix its own expertise with the protocol, taking it to the next level.

Unfortunately, the Bottlepay project ended up closing its operations due to the enforcement of the AML regulations back in 2019. It was the European Union (EU) that introduced the anti-money laundering regulations, forcing Bottlepay to cease its operations.

The post Bottlepay Reportedly, a Micropayments Firm for Bitcoin Gets Acquired by NYDIG appeared first on Coinfrog.

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SHIBA INU is Now Leading Meme Coin Squad Following Dominance over Dogecoin

By now, the entire world is well aware of the potential and dominance of Dogecoin in the cryptocurrency industry. It had been a while since Dogecoin (DOGE) had been around but it wasn’t until 2021 when it rose to fame.

Prior to that, Dogecoin was only treated as a meme coin that had been launched just for the sake of entertainment and fun. However, as Dogecoin ended up getting backed by Elon Musk, the richest man in the world, and the DOGE army, DOGE’s might was unmatched.

From the beginning of 2021 until mid-May, Dogecoin’s prowess and market presence were unmatched even by the largest cryptocurrencies. For almost five months, even Bitcoin (BTC) and Ethereum (ETH) had to live under the shadow of DOGE that had grown really big.

However, the meme coin had an underdog that was soon going to take the lead. As Dogecoin became widely adopted, it ended up getting inducted into the list of top 10 cryptocurrencies with the largest market capitalizations.

In the meanwhile, another meme coin launched in August of 2020 “SHIBA INU – SHIB”, had been catching the public’s eye. It started benefiting from being a meme coin that the investors were investing heavily as DOGE was growing larger in value.

In this particular period, DOGE ended up getting adopted by mainstream institutions as a mode of payment. However, DOGE ended up losing its fuel in mid-May and hasn’t been able to recover from that.

However, the cryptocurrency industry that was once interested to invest in DOGE is now leaning towards SHIB. SHIBA INU has gained tremendous rally and adoption in the past couple of months.

The adoption level in SHIB has been so high that it has finally managed to beat DOGE, becoming the top meme coin in the industry. As of now, SHIB is the largest meme coin in the particular space and it currently ranks as number 11 in the list of top cryptocurrencies by market capitalization.

Just a few days back, SHIB had beaten DOGE claiming its position as the 9th top cryptocurrency in the industry. For now, SHIB is on number 11 as the investors liquidated their investments in the meme coin after a strong rally.

However, the investments in SHIB have started coming back and its price has again started going up. At the time of writing, SHIB’s market valuation is over $32.5 billion and it has experienced a 13.72% surge in the past 24-hours. When it comes to gaining price surge in the past 30-days, its price has grown by 91.66%.

The 24-h trading volume that the meme coin is currently observing is over $11.56 billion and there are offer 549 trillion SHIB in circulation.

The post SHIBA INU is Now Leading Meme Coin Squad Following Dominance over Dogecoin appeared first on Coinfrog.

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Several Exchange-Traded Funds are Pending Approval by US SEC

As of now, exchange-traded funds are no longer a new thing in the cryptocurrency industry as well as the stock exchange markets. It has been several months since the first exchange-traded fund (ETF) for cryptocurrencies was launched.

The first-ever ETFs were launched in Canada and since then, the ETF launches have been unstoppable. Almost every month, several ETFs are being launched throughout the world.

Similar to other countries, the cryptocurrency and fund managers were hoping to launch ETFs in the United States as well. They had hoped that the US Securities and Exchange Commission (SEC) would not take much time to approve them.

However, as the government of the United States changed in January of 2021, the US SEC had too much on its plate that it had to deal with. Therefore, the exchange-traded fund approvals were pending approvals.

Even now, there are several exchange-traded funds that are waiting to be approved so they can be launched through the US Stock Exchange markets. Just recently, the US SEC had approved a few fund managers, so they were able to launch their ETFs.

However, there are still so many ETF applications that are still waiting to be approved by the US SEC. After May of 2021, the situation surrounding ETFs had changed because the entire cryptocurrency industry had taken a huge drop.

As a result, many fund managers and cryptocurrency-related firms wanting to launch ETFs had withdrawn their requests. At that time, they were not seeing much benefit or usage in launching and offering ETFs to the investors.

As the cryptocurrency industry has again made a comeback in August, and it has picked up the pace in October, the fund managers are back with their ETF requests.

At one point, the US SEC had a breather that the fund managers were not stressing or putting any pressure on the approval of the ETF requests. Now, the fund managers are determined to get the ETFs approved at the earliest.

Among the majority of the ETFs currently sitting at the US SEC for approval, most of the ETF applications are for Bitcoin and Ether. This is mainly because the prices for Bitcoin and ETH are at their all-time highs. By the looks of it, the prices for both currencies are going to surge again.

James Seyffart, the intelligence analyst at Bloomberg has shed some light on the matter from his end. He has provided details on how many ETF requests are currently waiting for approval at the US SEC.

He has revealed that as of now, over 40 exchange-traded funds for cryptocurrencies await approval from the US SEC. It is being hoped that all of these requests will be catered to or responded to by the first quarter of 2022.

The post Several Exchange-Traded Funds are Pending Approval by US SEC appeared first on Coinfrog.

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Mastercard Will Convince Merchants To Use Its Platform For Lending Crypto Trading & Other Services

Mastercard suggests that it should need to boost the confidence of its millions of merchants in enabling them to utilize its network for lending crypto trade and other related services. The offer will be available to all of its merchants who are interested in expanding their businesses by including crypto in them.

 Partnership arrangements, for the purposes of lending crypto support, has been entered into between Bakkt and Mastercard. The arrangement was announced in a seminar called “Money20/20”.

Both the partners plan to take crypto directly to the financial institutions, fintech companies and merchants existing the US. They want these three sectors to adopt crypto and provide for crypto services and solutions. For instance, Mastercard is seeking its business partners to lend crypto trading and custodial services. At the end of Mastercard, the roadmap for ensuring of these crypto services has been laid down by Bakkt. The purpose of the partnership is to make crypto adoption easy for the merchants and service providers using facilitating Mastercard customers. In addition, if the targeted sectors are convinced, then it would result in robust access to virtual assets, says Mastercard.

In the meanwhile, Mastercard explained that very soon its partners will roll out virtual currency solutions. These solutions are going to allow consumers to acquire digital assets via the digital wallets provided by Bakkt. Similarly, Bakkt will issue crypto power debit and credit cards to its customers which will be backed by Mastercard. In this manner, the customers and merchants of both i.e. Mastercard and Bakkt will have robust services available to them at all times.

Mastercard, at present, is the world’s leading electronic payment service provider. Its payment services are cash-based and credit-based. The company is present in almost every part of the world and has billions of users across the world. As of 25th October 2021, there has been more than 2.8 billion users who are using Mastercard-backed debit and credit cards. The company also has more than twenty-thousand banking partners throughout the world. Similarly, it has merchants exceeding 53 million who are all from different parts of the world.

All these twenty-thousand banks, 2.8 billion users and 53 million merchants are inter-connected through Mastercard. So there is a huge opportunity for Mastercard to make a difference. Mastercard’s traditional rival is considered to be Visa, and PayPal too has become its rival. All three electronic payment giants are actively working towards crypto projects. However, PayPal had taken a lead from Mastercard and Visa in terms of crypto adoption. It has already begun its crypto trade and custodial services in the US and UK as well.

Still, Mastercard and Visa both have an edge over PayPal in terms of having high number of clients, customers and merchants.

The post Mastercard Will Convince Merchants To Use Its Platform For Lending Crypto Trading & Other Services appeared first on Coinfrog.

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Minister Proposes Placement of Embargo over Pension Funds Spending On Crypto Investment

Enoch Godongwana, who is the Finance Minister in the Government of South Africa has put forward a proposal that seeks to the placement of an embargo over the pension funds spending for crypto investment. The proposal comes with a 12th November 2021 deadline within which time, the Government should seek public consultation, comments, and opinions on the draft proposal. In short, the proposal aims at banning investments in digital currencies, stablecoins, NFTs, and CBDCs from the pension funds subject to its passing.

South African Finance Minister, Enoch Godongwana has prepared a draft proposal which he wants the Government to consider immediately. Godongwana’s proposal relates to the pension fund in which he wishes to implement a ban over the pension funds specifically for crypto investment. The proposal has been submitted by him to the Government and a deadline for public consultation/comments has also been set up as 12th November 2021. Godongwana is of the view that considering the urgency in the matter, the proposal should be passed and implemented before 2021 ends.

At present, any pension funds in South Africa is permitted to invest funds as an investment. The permission is also available to such pension funds even if the money is being used for investing in digital assets. However, there is a certain fund spending limit for digital currency investment which is @ 2.5% of the assets owned by a pension fund. However, if Godongwana’s law is implemented then automatically the limit of crypto investment from the pension funds will be removed. Instead, funds wouldn’t be permitted anymore to utilize the funds in any investment relating to digital assets because it will be banned.

It has been specifically mentioned in Godongwana’s proposal that none of the pension funds in the country would be permitted to invest in crypto. Every type of crypto investment, whether directly or even indirectly, would be unauthorized under the law.

The draft proposal further wants to include stablecoins as well as NFTs in the definition of “digital assets”. This would mean that the pension funds’ money cannot be used for investment in either digital assets, stablecoins and/or NFTs. The language of the draft also suggests that the funds cannot be utilized further for investing in any digital currency which though is backed by any central bank. Certainly, here the law is talking about Central Bank Digital Currency i.e. CBDC.

Godongwana’s draft proposal has come in the time when the South African Government is looking to regulate the digital industry. As has been the case with most of the countries, South Africa too is trying to regulate cryptocurrencies under the garb of “public protection”. Though the crypto regulations are not finalized yet, but various provisions of the future law talk about “public and investor protection”.

The post Minister Proposes Placement of Embargo over Pension Funds Spending On Crypto Investment appeared first on Coinfrog.

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Leading Russian Neobank is considering to offer cryptocurrencies

Cryptocurrencies have easily become the most popular asset to invest in of the current day. While people initially had their doubts about the new type of asset, they eventually turned over to the side of cryptocurrencies. And with thousands of investors joining the market every day, companies realized that they can profit extensively from this new asset. And one of the newest companies to start working with cryptocurrencies is the leading Neobank in Russia, Tinkoff.

The bank’s broker portal, better known as Tinkoff Investments, has started to turn its sights towards cryptocurrencies. Dimitry Panchenko is currently leading the company and is the one who proposed the plan in the first place. After seeing how profitable these types of markets can be, he has also considered just how these types of sectors allow development and research to flourish.

Furthermore, in an effort to better understand the market, Tinkoff has also been monitoring how well it has been doing. From its rise to glory to even its current state, the firm now has a fairly intimate understanding of the crypto market. The top executive also talked about how Russia was not experiencing the same type of revolution.

He said that countries like the US have Robinhood and Paypal, both companies which have invested heavily in cryptocurrencies. In fact, PayPal very famously allowed its users to trade in cryptocurrencies through the same app. This allowed them to make their already incredibly diverse selection of apps even better.

The director also pointed out just how popular cryptocurrencies in the country were. Total investments made into crypto from Russia equate to over $15 billion, which is much more than most people would expect. And given that most investors have to stretch so far out of their comfort zone to invest in them in the first place shows that there is a growing appetite for cryptocurrencies. He also believes that this number can increase by a significant margin if people had proper access to the tools necessary to trade.

Dimitry believes that the government should allow local companies to start working in the crypto field. Because regardless of what the government thinks, people clearly want to invest in cryptocurrencies. And if they do so with the help of local companies, it can fuel the economy.

Even recently, Putin acknowledged cryptocurrencies as a method of payment, but still did not share his thoughts on making it a legal tender in Russia. And even investors within the country do not see much of a point in using it as a payment method. Instead, they would like to use it as an asset class alone. And after carefully considering all of these factors, Tinkoff will be releasing their own crypto service soon.

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Kazakhstan Aims At Collecting US$ 1.5 Billion in Revenue from Mining Operations after 5 Years

At an average rate of US$ 230 Million each year, crypto miners will enable Kazakhstan Government to collect more than US$ 1.5 Billion in the next 5 years. In addition, at least US$ 300 Million on an annual average has been paid by miners in the form of taxes. But there is an electricity crisis that needs to be addressed if Kazakhstan wants to reach the targeted figures.

Crypto mining operations are legal and licensed under the Kazakhstan Government’s rule. In fact, miners have been contributing a great in strengthening the country’s economy as well. According to the estimates of Kazakhstan’s blockchain association, each year the Government collects revenues exceeding US$ 230 Million from the crypto miners. In addition, miners have been paying more than US$ 300 per annum in the form of taxes. So allowing the activity to grow is undoubtedly in the best interest of Kazakhstan.

However, there have been some issues that have developed recently involving crypto miners and government authorities of Kazakhstan. The issue pertains to a huge amount of electricity consumption and crypto mining is apparently the highest power-consuming activity. The issue has now converted into a power shortage crisis and difficulty is being faced by the Government to overcome the crisis.

The Government has now come up with an alternate plan in which the Government is intending to outsource the power source. For this, the Ministry of Energy has become partners with a Russian company called Inter RAO. Inter RAO is currently the leading power producing company in the Russian Federation. It has been confirmed that by the end of November this year, Inter RAO will be supplying electricity to Kazakhstan Government. By doing so, Kazakhstan is expecting to overcome the crisis and subsequently will help domestic mining industry to grow.

Otherwise, it was even thought by Kazakhstan Government that they needed to control mining activity. But considering the huge amount of revenues collected from the activity, the state does not wish to compromise on anything. Instead, the Government is hoping that from five years here onwards, Kazakhstan will make US$ 1.5 Billion in revenues. This amount only reflects the money collected from the mining activity only. Similarly, there would be an additional revenue of the same amount which the Government can collect from miners as taxes.

There has been a further suggestion that Kazakhstan should immediately allow crypto trading platforms in the country as well. If this happens then the annual revenue collection from crypto mining can increase from US$ 230 Million to US$ 400 Million.

Eventually, what blockchain association of Kazakhstan is suggesting is that the continuation of mining activity actually favors the Government. But for the time being the state is expecting a shortage of at least 600 MW electricity which has to be made good immediately. Otherwise, it wouldn’t be better in nobody’s favor i.e. the Kazakhstan Government and the crypto miners.

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Shiba Inu Supports Sign Petition for Enlistment of SHIB at Robinhood

At least four hundred thousand individuals, who all happen to be the supporters of the Shiba Inu crypto coin, SHIB, have jointly signed the petition for convincing Robinhood to enlist SHIB at its crypto trading platform. It was a huge response which Robinhood wasn’t expecting at all. However, the matter of enlistment of SHIB at Robinhood is a sole discretion of the platform.

Robinhood is currently the number one online trading platform which requires no fee and hosts large population of day traders. One can trade shares, commodities, indices, stocks, etc. to name a few at the trading platform of Robinhood. However, two years back, Robinhood also introduced crypto trading at its platform as well. It has an entirely separate department for the digital assets trading which is growing on a very rapid pace.

One of the most highly traded crypto coin at Robinhood is DOGECOIN which stems from a meme and became crypto sensation. It was and is associated with a meme dog known worldwide as “Shiba Inu”. It was developed in 2013 for mocking the high amount of volatility and speculation which are found in cryptocurrencies.

At the end of 2nd Quarter 2021, Robinhood revealed that DOGECOIN’s trading volume represented more than 60% of entire cryptocurrencies’ trading volume. But there is another cryptocurrency which doesn’t only reflect the meme dog’s face but also has its name. This cryptocurrency is called “SHIB”, which is named after the globally famous dog “Shiba Inu”.

People occasionally confuse SHIB coin with DOGECOIN. However, both are entirely different from each other in several perspectives. Firstly, the value as well as the market capital of DOGECOIN is higher than SHIB coin. Both are immensely popular within the crypto community. However, at presently, SHIB coin is taking a lead in terms of its value increase from the DOGECOIN. The price of SHIB is surging with quick gains occurring very rapidly but Robinhood does not provide SHIB trading.

It is therefore an utmost desire of the Robinhood traders that their platform immediately provide for SHIB trading as well. However, it is entirely up to Robinhood whether it want to enlist SHIB coin or not. But in an effort to convince Robinhood, the supports of SHIB coin have moved an online petition. Since the moving of the petition, there are more than 400,000 people who have already signed the petition.

The petition has been moved on an online venue called “Change.org”, which usually hosts such petitions. As the name suggests, the website was developed to bring about changes in the world, which the people wanted. Change.org as well as Robinhood hasn’t ever seen such a huge response from the public. There had been many petitions moved with Change.org in the past. However, none of them had seen such a response. If the petition, seeking enlistment of SHIB at platform, is signed by 500K people, then it would become number one petition at Change.com.

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Ukrainian Enforcement Agencies Caught Crypto Criminal Network Red-Handed

A network of crypto and cyber-criminals was caught red-handed by the Ukrainian enforcement agencies which were trying to sell the software used for stealing somebody’s Bitcoin asssets. The busted network was involved illegal activities of money laundering, hacking and stealing digital assets. The network was very actively linked with the Darknet and rendering illegal services to the notorious market.

These days Ukraine is regarded as the stronghold of digital assets, yet it is also breeding crypto cyber-criminals as well.

A group consisting of cyber-criminals involved in crypto related crimes has been identified by the Ukrainian law enforcement agencies. According to the agencies, they have caught the criminals when they were carrying out their illegal activities. Police told the press that when they arrested the individuals, they were trying to sell a malicious software. The software is used to steal Bitcoin assets belonging to the victims.

The operation was led by the Security Service of Ukraine which is commonly recognized by the name “SBU”. SBU claimed that they had caught the wanted cyber-criminals’ gang. The gang was actively involved in stealing digital assets from their owners. In addition, they had whitened the laundered money on behalf of the market known as “Darknet” many times.

Police was also of the view that the suspects operated as one unit. Creating fake and unauthorized identities for the purposes of launching fraudulent schemes involving digital assets. They were being watched by SBU for many months while the investigators at SBU were collecting evidence against them. The investigators at SBU identified that the network were transferring funds by utilizing the services of several financial services. However, the financial service providers were not aware that they were dealing with hackers who have become their accounts. In fact, these were the same hackers, who were targeting financial institutions for their nefarious criminal schemes and activities. Their operations were not limited to Ukraine but also spread over multiple states and their financial institutions, claimed SBU.

SBU also revealed in the press statement that for the successful operation against the criminals, they were aided by agencies in the US. Manpower support was provided by the national police of Ukraine as well as by the Office of Prosecutor General. Because of search/arrest warrants issued by the Office of Prosecutor General, SBU was able to apprehend the gang wanted in many countries.

While making the arrests of the criminals, SBU also took into custody several items and personal belongings. These items included mobile devices, laptops, tabs, gadgets and other items of technology etc. In the meantime, SBU has provided information and evidence collected to the concerned authorities for conducting of proper proceedings. It is likely that the law would take its course against criminals and foreign individuals, who were clients of arrested individuals.

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ProBTC Review – Is ProBTC.Online a Good Broker or a Scam?

ProBTC Review

One of the platforms that are providing people with access to the world of cryptocurrencies is ProBTC. You can find a multitude of options when you want a broker, but not all of them are trustworthy solutions. The unregulated nature of the market has attracted some shady characters and criminal elements, due to which you need to ascertain if the platform you are considering is legitimate or not. This is where ProBTC.Online review can help because it will tell you exactly what makes this broker distinctive from the rest.

The profits that the crypto market has to offer has made it a hotspot nowadays, so there is a huge demand for these brokers. A horde of them have popped up recently and all claim to provide professional and reliable services, but this doesn’t mean that they are able to deliver on these promises. It is your job to figure out exactly where a broker stands and this also applies to ProBTC. Let’s find out if you can trust this broker or not:

The Trading Experience

If there is one thing that can determine whether you can trust a broker or not, is their trading platform. This is the software used for trading, which means it connects you to the crypto market and allows you to execute trades. Therefore, it has to have the right features for you to be able to trade smoothly and profitably. The problem is that while most companies will promise you a powerful and feature-rich trading platform, not many are able to do so. When it comes to ProBTC, you will be provided a web trading platform that they have developed for their clientele.

They have used advanced and sophisticated trading technology to add an intuitive user-interface, making the platform user-friendly for everyone. This ensures that traders can enjoy speedy trade execution with ProBTC.Online’s trading platform and take advantage of as many opportunities as possible. A variety of trading tools have also been added to the mix, including live charts, trading indicators and signals, daily market reviews, the latest news and a customized dashboard.

Another appealing aspect of the ProBTC trading platform is that it doesn’t have to be downloaded or installed and can be used on any device supporting a browser, thereby providing users the freedom to use it on whatever device they may have handy.

The Security Policies

To be able to trust a broker, you need to ensure that they prioritize security, especially considering the risks associated with the market. Cybercriminals are ready for the smallest opportunity to steal funds, or compromise anyone’s personal information, which can be misused. It is the job of a broker to mitigate these risks, in order to ensure that its clients can trade with complete peace of mind. So, what kind of security policies has ProBTC implemented for its traders? They have been proactive when it comes to security and have followed international security standards.

This is obvious by the fact that the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies are applied on the platform. This means anyone who signs up with ProBTC.Online is required to provide proof of ID and proof of residence. Doing so can verify their account and minimize the risk of identity theft, financial fraud and money laundering. Other than that, the platform also uses highest encryption standards and provides security of funds as well, in order to keep them safe.

The Spread and Commission

When you have to choose any product or service, you consider a number of factors, but the one that plays the most prominent role is none other than price. You want to know exactly how much it will cost before you buy anything and this should also be applicable when you have to select a broker. Every platform has different trading fees, commission and spreads associated with it and these will determine how much profits you will be able to take home at the end of the day.

The problem is that a lot of brokers are either vague about their charges, or the costs are on the high side, which can be extremely discouraging. Luckily, this is not a problem that you have to face with ProBTC because they have chosen to be clear and transparent about their trading fees and spreads. You don’t have to worry about any hidden costs being sprung up on you later on and they also offer some of the tightest spreads that you can find in the market.

This means that your trading costs will remain low and you will be able to walk away with most of the profits that you make via cryptocurrency trading.

The Customer Support

One thing that’s common in shady and unreliable companies and brokers is the lack of customer support you will see on their platform. If it is not possible to reach out to them when you have a problem, it means that they cannot be trusted. When you are stuck, you would require assistance immediately because even a small delay can cost you big in the highly volatile crypto market. Hence, you need to ascertain if there is proper support available or not. In this regard, you will find ProBTC to be a comprehensive solution because they have added the necessary support options.

You can visit the ProBTC website and check out their Contact section where you will be able to find the various channels available. Their customer support team is available 24/6 for assisting the users and they can be contacted via the phone number provided, or you can send in an email. There is also a callback feature available, allowing you to speak to the agent at your convenience. You will also find an FAQ section on their website, where answers to different questions are provided in order to help people in having a smooth trading experience.

After you have checked out these vital aspects of ProBTC, it can be concluded that you can trust this broker for all your cryptocurrency trading needs.

The post ProBTC Review – Is ProBTC.Online a Good Broker or a Scam? appeared first on Coinfrog.

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A YouTuber’s Prediction Estimates Bitcoin @ $1 Million

Tim Pool, who is also an internet sensation as well as a YouTuber and a journalist, has been predicting recently about the future Bitcoin value and estimates it to be about US$ 1 Million. He also initiated a poll where he is seeking opinions from his almost 1 million reaching followers at Twitter to give their opinions if they think Bitcoin is about to struck the price of US$ 200 K.

Tim Pool’s popularity is obvious at several platforms, in particular, on social media networks and platforms. He is one-man with so many professions. Apart from being an active journalist, he is an internet sensation as well and runs a channel of his own at YouTube. He is also a political commentator and has been hosting shows at his YouTube channel as well. He never runs out of the points and opinions on any given subject of debate. He remained Voice Media’s member in the year 2014 and also availed the chance to be a part of Fusion TV as well. He was also globally appreciated when he did the live coverage of the protests in Wall Street in 2011.

However, now a days, he is more into YouTube and hosting a podcast segment known as “Timcast IRL”. At there, he usually invites debates on politics, government policies on economics and finance. In the last episode of YouTube sessions, he picked up the topic of “buckling supply chain”. He believes that the buckling supply chain is adversely impacting worldwide economies, including the US. His followers are huge because in most of his subjects, he sticks strictly to the objective while reporting and inviting debates. He is admired because of his unbiased content which people believe is lacking in the mainstream media.

He is also very famous amongst crypto community because he is a die-hard fan of Bitcoin, which he had reiterated several times. In the recent times, when Bitcoin broke its all-time high on 20th October, Pool was quick to talk about Bitcoin. He didn’t only talk about Bitcoin but also gave his future price prediction for Bitcoin. He believes that without an iota of doubt Bitcoin is going to be worth about US$ 1 Million.

Pool posted a tweet message in which he suggested that he feels sorry for the people who still cannot understand Bitcoin. He told his followers that he knew a man who had forgotten where he had kept his Bitcoin. Now the person has found them and told Pool that Bitcoins earned him millions of dollars.

Pool emphasized that Bitcoin represents an evolution in the financial technology which would lead Bitcoin in striking US$ 1 Million. He added that the future would very much rely on investment strategies. Only those will excel who embrace the strategy of investment but only the crypto investors would be the billionaires

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Terraform Labs Will Soon Be Impleading US SEC In A Court Suit

The show-cause notice issued by the Securities & Exchange Commission of the US (SEC) to the CEO and co-founder of Terraform Labs, Do Kwon, has been challenged before a Court of law in a lawsuit. Kwon was attending Messari’s conference as a speaker at Mainnet where he was delivered the notice. Kwon says that such behavior on the part of SEC is unacceptable and if any notices were to be delivered then the process should have been done through proper channels of delivery but not like this.

Terra is a cryptocurrency that was developed and designed in the labs of Terraform under the auspices of Do Kwon. Do Kwon is therefore not only a co-founder of Terraform Labs and Terra but he is also the CEO of Terraform Labs.

Kwon is aggrieved that his integrity was lowered in the eyes of others by none other than the Securities & Exchange Commission (SEC). He has alleged that SEC delivered him the notice when he was attending a conference of Messari’s Mainnet as a guest speaker. Such an act of SEC is non-appreciable, libelous, damaging and unfounded. As a result of SEC’s unfounded behavior he told that he has sued SEC in a court of law.

Background of the issue between SEC and Kwon started when SEC asked him to assist them in an investigation against Mirror Protocol.

In the lawsuit, Kwon has been arguing that SEC had time and again called him for discussing the matter of Mirror Protocol. People in SEC wanted to know if there was any relationship between Kwon’s company with the Mirror Protocol. He has mentioned in the case that he met with the legal counsels of SEC many times voluntarily. They asked him several questions and the interrogation segment sometimes went onto to 3 to 5 hours. However, he answered each and every question that were asked by SEC’s legal counsels. Even he was asked to submit the documents voluntarily which Kwon would think would be helpful for the SEC.

He argues in the case against SEC that he was voluntarily called upon by SEC many times till the month of September. However, very surprisingly, in the month of September Kwon was sent a subpoena without mentioning any reason at all. He feels that SEC is abrogating its authority and misusing it against people who were assisting it voluntarily.

However, what really depressed Kwon was the method of delivery of subpoena. He was attending a conference and was about to address the gathering, when he was handed over the SEC notice. Kwon believes that firstly it was very unprofessional on the part of SEC to send someone a notice while the person is in a public gathering. Secondly, he argues that SEC has no jurisdiction over him nor on his company, Terraform Labs. Kwon is therefore praying to the Court to nullify the notice of SEC for being illegal and void ab initio.

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United Exchange Review – Why New Traders Feel So Comfortable on This Platform?

United Exchange Review

Not a lot of online companies are as good at delivering the results to new traders as the one I am about to tell you about. This one has really cracked the code to the hearts of the new traders in the market by giving them something that had long been looking for. I can tell you that on the surface, its services will seem similar to those provided others. However, as you dive deep, you discover some really great gems that make this company unique. I will try to make things clearer for you in this United Exchange review.

The thing about experienced traders is that they are not really focused on the platform. They have reached a point where they can make things work for themselves. As for new traders, they need the right trading software and team to excel in their trading endeavors. So, please keep reading to know the reason for their fondness for this company.

Customer Service Provided Professionally

Professional customer support is something you need but might not realize its importance when just starting out. I don’t blame you because I think most traders don’t pay much attention to this particular factor. How can they? It is not as exciting as the thoughts of making lots of profits and turning their lives around. With this company, you get the type of customer service you really need. You will have the customer support available to help you on the phone or through the email. What makes this customer support special is that you can contact them on WhatsApp as well.

From Monday to Friday, you can contact the company during the working hours. They will listen to you and provide you with a solution that really solves your problem.

Compliance and Regulation

Alright, I have to admit that the proper regulation is not in place. However, if the company is taking care of other important compliance and legal matters, I think it is safe to say that you can sign up with it. The terms and conditions are pretty clear on the website for you to check. In addition to that, you can see that United Exchange follows and adheres to the KYC and AML policies. In simple words, the firm requires enough banking and personal information from its traders that any person who is thinking about using the platform for personal and illegal gains will automatically be stopped from signing up.

Furthermore, you can rely on the encryption of your information. Since it gets encrypted, you will not lose information to cybercriminals or any other unauthorized third parties. Last but not least, all the funds that you have in your trading account are kept in segregated funds at the bank that are regulated and audited.

No-Download and Compatible Platform

Compatibility of the trading platform remains a big issue for a lot of traders all around the world. It is important for online brokers and exchanges to know that their customers come from all parts of the world. If in one part they have more iPhones, in the other part of the world, they might be using Android phones. With that in mind, the trading platform has to be compatible with all of those devices. Yes, you will get the platform that is compatible with these devices, and even the operating systems that come installed on them. This means you can use the trading platform on your Android phone, iPhone, Windows computer, and even MAC without any downloads needed.

Final Thoughts

So, I have not let the cat out of the bag. You know why new traders are so fond of this platform. It is because they get here what they don’t with other trading systems. Usually, these companies focus too much on advanced systems that don’t make sense to new traders. For a simpler yet power trading experience, you should definitely explore some options with United Exchange.

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Sure Exchange Review – What Type of Broker You Should Have?

Sure Exchange Review

There are endless options when you enter the world of online trading. You will come around trading companies that aren’t even up to the standard and claim that they are the best in business. A broker company becomes one of the best only after it starts satisfying and catering to the needs and requirements of its traders and potential traders in the way they, i.e. traders, want. In this Sure Exchange review, I will tell you about one of the most popular trading companies on the internet and how it does. You should know the qualities that make a good brokerage firm.

There are broker companies similar to Sure Exchange, but no other company provides the same level of quality in its services as this one.

Speedy Withdrawal Processes

How can a broker make trading convenient and improve your experience in the meanwhile? Well, the greatest tool of the best trading platforms is the withdrawal process. How long does it take a trader to withdraw their hard-earned funds from their trading account with a broker? Does it take more than a few days, weeks, or is it unclear totally? Sure Exchange has kept all processes smooth and transparent so the traders know exactly what is going on while they wait for funds to appear in their bank accounts.

The withdrawal process requires the traders to provide accurate information as per industry policies and choose a payment option. Once done, the withdrawal request verification takes place after which the transfers are instant. Hence, traders don’t have to wait for days or even weeks to receive their funds.

Lots of Promotions and Offers

One thing that puts a brokerage firm on the top of the line is the availability of incentives. More importantly, it is the quality and magnitude of promotions and offers that attract customers and convince them to join the broker platform. Keep in mind that most broker companies online that offer unrealistic and extremely one-sided promotions and offers are always illegitimate. This is because no broker company can let go of their valuable resources without charge and those doing so are only luring traders to steal their money.

Sure Exchange has set flexible boundaries so everyone can enjoy the latest promotions and offers such as bonuses, referral offers, and more. These help traders stay engaged with the platform. Moreover, with additional bonuses and offers, traders can increase their funds marginally to trade more actively. If you are a newcomer to the industry, Sure Exchange will welcome you with the welcome and initial deposit bonuses which increase your trading account balance marginally.

Career-Boosting Trading Conditions

To help you get started in the world of online trading, Sure Exchange has set flexible trading conditions. These revolve around huge leverages, tight spreads, and transparent commissions. You may find one or two of those qualities in only some of the broker companies on the internet. However, this broker company conforms to all. You don’t have to worry about hidden charges or commissions once you sign up because the company is upfront with all the service costs.

You will receive leverages to amplify the scope of profits that you earn through various financial markets. Using leverages will increase your investment in nearly any asset of your choice from any financial market. This broker offers comfortable leverages as high as 1:400. Furthermore, you don’t have to worry about trading charges because the broker only imposes affordable and tight spreads.

Conclusion

Do you want to be as profitable as the top-performing online traders in the industry? Sheer will and firm dedication along with the right broker’s support can help you achieve your dream. Conquering the hurdles of online trading is important and with Sure Exchange, moving on forward with your career professionally becomes easier. You should sign up with this broker company if you think that online trading is for you. Every day that goes by, there are thousands of profit opportunities in the market that go unrealized.

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IBC Exchange Review – Changing the Way Online Trades are Done

IBC Exchange Review

Ever since the online trading industry has come into being, it is being perceived as a process where you deposit money and take out profits. So far, this is this common perception about online trades and not many online trading exchanges are bothered with people thinking that way. However, IBC Exchange is a platform that has a different vision. The exchange wants you to have access to more than just a trading platform. In my IBC Exchange review, I will be discussing as to what the platform really has to offer you apart from sales.

Customer Support Representatives at Any Time

Although you have the support of account analysts and managers at the exchange, IBC Exchange still offers you with 24/7 customer support. The support teams at IBC Exchange are available for your service and they are ready to answer all your questions pertaining to the exchange. Once you call them, you will find them to be very welcoming, supportive, understanding, and prompt in dealing with your queries. Similarly, you can reach out to them through email and WhatsApp and you’d have same kind of response from their end.

Regulatory Strictness is Unwavering

When it comes to demonstrating strong and strict regulatory compliance, you would realize there is hardly any rival to IBC Exchange. The exchange strictly adheres to the regulations where the KYC and AML policies are on top of the list. IBC Exchange follows these regulations without any flexibility, which means that it would not lower its regulatory requirements for you. If you cannot deal with the regulations, then you better find a different trading exchange.

A Major Trading Platform that is Exclusive to IBC Exchange

IBC Exchange has ensured that it has one of the most sophisticated, high-end, and a well-equipped online trading platform. Most importantly, IBC Exchange wanted to offer the highest level of security and protection to your trades and transactions. This is the reason why it has developed its own trading platform. The platform offers advanced reporting system, algorithmic-trading, single-click executions, trading instructions, multi-lingual support, and so much more. The platform is available through web-browser so you can access it from anywhere, and do not have to download it.

Trading Assets Supported by IBC Exchange

As of now, the IBC Exchange is able to bring you the most profiting trading instruments that include indices, commodities, cryptocurrencies, forex, and stocks. These trading instruments are currently the highest demanded game changers of the online trading industry. If you select either of the instruments, put in the necessary efforts, and hard work, you will be set on the right path to unrivaled success.

Trading Accounts to Make Your Trades more Streamlined

If you are new to the industry, the amount of attention from the experts you need would be much higher than the investors experienced in the particular space. Keeping these factors and market requirements in mind, IBC Exchange has come up with five major kinds of trading accounts, each catering to a different investor’s trading profile. This way, IBC Exchange manages to target the right investors with almost the right kind of requirements.

Educational Backing at IBC Exchange

IBC Exchange not only backs you up with real time support or support from account managers, it also goes an extra mile to deliver more backup. This extra pair of hands and brains IBC Exchange offers you is in the form of educational content. You can refer to the educational content by IBC Exchange that is fresh and it is kept up-to-date with the experts’ input at the exchange. Go on, become part of the IBC Exchange, go through their educational content, and you would realize how much online trading knowledge they have gathered and share with you.

Ending Thoughts

No matter what you do at the end of the day, you need to make sure that you make a decision that is better for your future. Do not invest in online trades just because other people are doing the same. Invest in online trades if you think you can handle the pressure and deal with the challenges. Otherwise, my suggestion is that you learn more about online trades and then enter the market.

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Globe Exchange Review – The Ultimate Trading Experience

Globe Exchange Review

Signing up on the most suitable trading platform is ideal for you as this is the first step in your trading journey. Do you want a recommendation in this regard? I will like to suggest the Globe Exchange platform to you and anyone else looking for an online trading platform. If you seek the ultimate online trading experience, the Globe Exchange trading platform is just the thing for you! In this Globe Exchange review, you will find out the top features of this reliable trading platform that has gained a lot of traction in the online trading world. Now keep reading to get more insight into one of the bets trading platforms.

Accessible from All Devices

The Globe Exchange trading platform is accessible from all devices and this is without a doubt one of the biggest plus points of this particular platform. You can use either your phone, laptop desktop or tablet to login and access your Globe Exchange account. It is rather easy and you can be assured that you will have a great trading experience regardless of which device you prefer. As long as you have stable internet connection, you are good to go!

What’s more, the Globe Exchange user interface is easy to utilize and you will find that you can find your way around it with no worries. If you do come across any technical issues on your trading device, you can rest easy that the Globe Exchange team will fix it for you without any delay.

Different Trading Accounts

When you make Globe Exchange your online trading partner, you can choose between 5 different types of trading accounts. If you have a small budget available, you can go for the Globe Exchange basic account that lets you start trading with only 10000 dollars. This is not a very big amount making the basic account ideal for small traders and investors.

On the flip side, you can go for the Platinum or Gold account that is more suited for premium traders who have bigger budgets and can afford to make a big deposit upfront. You will have access to more trading opportunities and you can also enjoy good perks like lower trading fee that will impact positively in your profit margins. Finally, keep in mind that no matter which trading account you sign up on, you will always have the full support of the Globe Exchange team!

Security

It is true that security is one of the most reliable and powerful features of the Globe Exchange trading platform. Without the right security measures in place, you are at a lot of risk and so is your personal data. That is why you should only invest in a platform that takes its security very seriously. Globe Exchange is the prime example of such a trading platform! They use features like encryption, firewall and SSL certificates. These are very good security features that do an excellent job at giving you peace of mind when you trade with them

Globe Exchange also leverages 2FA to safeguard your identity on the platform. Owing to this security element, no one else can access your trading account. All things considered, the Globe Exchange security is strong and you have access to safe trading environment that is full risk and threat free from hackers and any other unauthorized party!

Wrapping it Up

To conclude, there is no doubt that the Globe Exchange trading platform is robust in every way and that is why so many online traders find it to be reliable! Are you keen to get started with Globe Exchange right now? If that is so, go to their website, register for a trading account and finally wire your funds. After that you are all set to make your first online trade on the platform. I wish you the best of luck trading online with Globe Exchange!

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Dripcoin review – how does it manage to differentiate itself?

Dripcoin Review    

Cryptocurrencies represent a relatively new asset class that is still unexplored by the majority of traders. However, due to numerous innovations in the field, it is now easier to open a trading account, make a fiat deposit, and start trading crypto, just like with other, more traditional assets.

In order to achieve that, different brands have already designed customized trading ecosystems that can satisfy the increasing demand for crypto-related services. Meet Dripcoin, a trading platform focused on digital assets, which is benefitting from positive feedback recently in the online world. That is the case mainly thanks to several features that will be described today.

Dripcoin proprietary platform

One of the first talking points should be the Dripcoin software, a customized and easy-to-use solution that aims to be suitable for both professionals and beginners. And indeed, the company used its team of experts and has managed to come up with a brand new trading solution that can ultimately facilitate access to the crypto market for the wider public.

  Thanks to its friendly interface, setting up charts, placing trades, or managing a trading account is very intuitive and does not require any special skills. Also, thanks to multi-device compatibility and a web-based approach, traders have access to their accounts at home, the office, or while on the go, without any installation required.

A unique approach to crypto trading

Dripcoin shares a unique approach to cryptocurrency trading, which has enabled the current infrastructure to operate without any major flaws. Traders have access to tens of different tokens, all in one place, able to take advantage of both bullish and bearish conditions. A trading account with this provider does not only provide upside exposure, but also an opportunity to get involved when valuations are falling.

To ensure nobody is left behind, Dripcoin employs reliable support and an assistant is available for all registered users. For the time being, the crypto offer is very generous and on top of that, it has the potential for being upgraded at any point.

Account opening

Dripcoin has designed a simple account opening process. All traders need to do is to provide several identification details and then verify their identlty by submitting all required documents.

Making a deposit is the next natural step and with this brand, it is possible to see funds almost instantly in the account, since it accepts payments using credit/debit cards issued by some of the largest fintech companies. Dripcoin is flexible and lets traders deposit or withdraw using wire transfers as well. Diversity is key as it targets people from all around the world.

The bottom line

Bitcoin is trading above $60,000 and the broad market capitalization has exceeded $2.6 trillion, an impressive figure for an industry that was assumed to fail just a few years ago. Dripcoin is one of the companies that have a strong contribution to the wider adoption, allowing retail traders to take advantage of price movements in this volatile field.

When trading with Dripcoin, traders have access to many crypto assets, advanced charting, and learning material, all provided so they are able to cope with any challenges that might arise along the way.

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