Archive for the ‘Cryptocurrency’ Category

Experts Warn: Don’t Miss Out on DigiToads (TOADS) as the … – Blockzeit

Crypto experts are advocating for the success of DigiToads, and here is why.

As more and more people embrace this digital currency, the market continues to expand, providing ample investment opportunities for those willing to take the risk. One such best crypto coin that has been in the gossip recently is DigiToads (TOADS). Within no time, the value of DigiToads has gone over the roof, and it will go even higher in the coming days.

However, with all the buzz surrounding this top cryptocurrency, knowing what this coin has in store for you is essential.

In this article, well take a closer look at what DigiToads is all about, why its gaining so much attention, and whether or not its a good investment option for you. So, buckle up and get ready to explore the world of DigiToads!

DigiToads is already challenging some of the best cryptocurrencies in 2023 despite being a new entrant. This crypto coin has announced its entry with an innovative approach to addressing industry problems such as scalability and speed. DigiToads has collected all the attention of experts who believe it has the potential to become a dominant force in the market.

First, lets talk about the presale of DigiToads, which is in full swing. DigiToads have decided to conduct its presale in ten stages while increasing the price and giving the profit share to its investors after every step. The presale is in its fourth stage, raising over $2 Million. The cost of the TOADS token started from $0.01 in the first stage and has soared to $0.02 so far in the fourth stage.

By the end of this ten stage presale, the price of one TOADS token will soar further up to $0.055, which means a 5x profit to the investor who put their money in the first stage. Once TOADS launches in July the full potential of DigiToads is endless with a lot more to come.

Another reason experts are so optimistic about DigiToads is its deflationary token model. The deflationary model means reducing the supply of tokens over time creates scarcity, which can increase their value. This can incentivize holders to hold onto TOADS, creating a sense of long-term value in the community.

Its commitment to creating a sustainable and eco-friendly cryptocurrency by utilizing an energy-efficient proof-of-stake (PoS) consensus mechanism, unlike other cryptocurrencies that rely on high energy consumption, makes it more cost-effective, reducing its carbon footprint. That is a crucial consideration given the growing global concern about climate change.

This meme coin also discourages token dumping or selling, as holders would want to maximize the value of their tokens. This can stabilize the tokens price and prevent large sell-offs that could negatively impact the market.

DigiToads is playing its part to help save the rainforest, a natural habitat of its fellow toads. DigiToads have decided to donate 2.5% of the total earnings to charitable trusts that will revive the rainforest.

With its Deflationary token, Play-To-Earn model, NFT staking, and charitable causes, DigiToads has topped the books of all crypto experts.

>> Buy DigiToads Now <<

DigiToads is making a name for itself in the ever-evolving digital currency world. With its unique approach to addressing crypto problems such as scalability and speed, it has invaded the attention of experts who believe it has the potential to become a dominant coin in the industry.

Furthermore, its commitment to creating an eco-friendly cryptocurrency and donating some of its earnings to charity is another sign that the aim of DigiToads is more than profit.

If youre looking to invest in the best cryptocurrency with the potential for huge profits, DigiToads is undoubtedly the best crypto to invest in.

For more information on DigiToads visit the website, join the presale or join the community for regular updates.

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Experts Warn: Don't Miss Out on DigiToads (TOADS) as the ... - Blockzeit

A Quick Guide To Whale-Watching In The Cryptocurrency Market – Benzinga

Cryptocurrency is still new and one of the most exciting asset classes, which has attracted investors from all over the world. Just like the stock market, some players have a major influence over the cryptocurrency market. These major influential players are popularly known as whales in the crypto landscape.

Whale watching in the cryptocurrency market can be genuinely insightful, provided you use a reliable Crypto Whales Tracker. Watching crypto whales includes observing the activities of the most influential players, which have a direct impact on the market dynamics. This helps in making informed investment decisions.

Image sourced from Pexels

Crypto whales are individuals or some group entities that have a major impact on the cryptocurrency market, and they also have this impact because they hold a lot of cryptocurrencies. They are generally early adopters of cryptocurrency, and these crypto whales have accumulated their holdings through investing or mining. A crypto whale tracker app is your best bet to monitor these crypto whales. Some whales are individual investors, while others are hedge funds or even institutional investors.

Whales are important in the cryptocurrency market because they influence the market's supply and demand dynamics, which affects the price. As whales have a huge holding in the cryptocurrency market, they can influence the market by selling or buying huge amounts of cryptocurrency at once. Whenever they buy, they increase the demand, and this leads to an increase in prices at the same time; whenever they plan to sell, they decrease the demand, and the prices are pushed down to a great extent.

Identifying crypto whales can be challenging for you as most cryptocurrency transactions are anonymous. You have to look at the blockchain, which is a decentralized public ledger that records all the cryptocurrency transactions. By understanding the blockchain, you can identify the addresses that hold a huge amount of cryptocurrency, which indicates a whale.

One of the best ways to identify crypto whales is to look at the trading information on the cryptocurrency exchange. The exchange can provide a lot of data on trading volume, and by understanding this information, you can identify the accounts which are trading huge amounts of cryptocurrency. These accounts can be of institutional investors or the whales.

Whale watching can provide a lot of insights into the cryptocurrency market. When you monitor the activities of cryptocurrency whales, you can get a sense of where the market is moving. For example, if you see a whale buying a huge amount of currency, it would be a sign that they believe the market is undervalued and the prices would be rising in the future. Conversely, if you see cryptocurrency whales selling a huge amount of cryptocurrency, it can be a sign that the cryptocurrency whales believe the market is overvalued and the prices are most likely to fall.

Whale watching can also help identify the trends in the market. If you see plenty of cryptocurrency markets buying or selling at the same time, it can be a sign that some trend is emerging. This information can be valuable for all the traders who look forward to capitalizing on marketing trends.

You need to get access to the trading information on the cryptocurrency exchange to get started with whale watching. There are different types of platforms that provide this data. These platforms will make it very easy for you to keep a tab on the trading volume and identify all the accounts which are trading huge volumes of cryptocurrency.

Once you have identified the potential whales, you can start keeping them on the activities. Now you can keep an eye on the amount of cryptocurrency that the crypto whales are buying and selling besides checking the frequency of their whales. When you do so, you can start to get a sense of the investment strategy and also use the information to make an informed decision. You must keep in mind that whale watching is one of the best tools in your toolkit, and you should take a holistic approach when investing in cryptocurrency.

Featured image sourced from Shutterstock

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A Quick Guide To Whale-Watching In The Cryptocurrency Market - Benzinga

The Growing Popularity of Cryptocurrency in Maryland’s Gambling … – Eye On Annapolis

One of the most significant impacts of cryptocurrency on Marylands gambling industry is the potential shift away from traditional payment methods. As more players become familiar with cryptocurrency, they may prefer to use it over credit cards or other traditional payment methods.

Cryptocurrency also offers advantages that traditional payment methods cannot match. For example, transactions with cryptocurrency are generally faster and more secure than traditional transactions. Additionally, cryptocurrency transactions can be made with greater privacy, which is particularly important for players who value anonymity.

While many types of cryptocurrency are accepted by online, and brick-and-mortar casinos, Bitcoin Cash (BCH) has emerged as a particularly popular option.BCH casinosoffer several advantages over traditional casinos, including faster transaction times, lower fees, and increased privacy.

BCH casinos also allow players to take advantage of the benefits of cryptocurrency, such as increased anonymity and security. With BCH, players can make transactions without revealing their identity, making it a popular choice for those who value privacy.

One of the most significant advantages of using cryptocurrency in Marylands gambling industry is its increased security and privacy. Cryptocurrency transactions are protected by advanced encryption technology, making them virtually impossible to hack.

Additionally, cryptocurrency transactions do not require players to provide personal information like their name or address. This added level of privacy is particularly appealing to players who value their anonymity.

Another advantage of using cryptocurrency in Marylands gambling industry is the lower fees and faster transaction times. Traditional payment methods often come with high fees, which can add up quickly for frequent players.

With cryptocurrency, fees are typically much lower, which can result in significant savings for players. Additionally, transactions with cryptocurrency are generally faster than traditional transactions, allowing players to get in on the action more quickly.

The growing popularity of cryptocurrency, including BCH, is significantly impacting Marylands gambling industry. As more players become familiar with the benefits of using cryptocurrency in casinos, we can expect to see a shift away from traditional payment methods.

BCH casinos offer several advantages over traditional casinos, including faster transaction times, lower fees, and increased privacy. For players who value security, anonymity, and convenience, BCH casinos may be the perfect option.

However, as with any new technology, there are risks associated with using cryptocurrency in gambling. Players need to understand these risks and take steps to protect themselves. By staying informed and playing responsibly, players can take advantage of the many benefits cryptocurrency offers in Marylands gambling industry.

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The Growing Popularity of Cryptocurrency in Maryland's Gambling ... - Eye On Annapolis

Bitcoin on Track for Longest Hot Streak in Two Years – PYMNTS.com

Bitcoin is on a path to increase for the fourth consecutive month, its longest streak in two years.

Thats according to a Sunday (April 30) Bloomberg News report, which notes that this sort of steak has historically been good for bitcoin, as its data shows that four-month advances by bitcoin presaged an average jump of 260% in the following year. In this case, that would bring bitcoin to a record $105,000.

The biggest thing for crypto is that its a lightning rod for liquidity, Christopher Forbes, head of CMC Invest Singapore, told Bloomberg Television. And as liquidity returns to the market, and it is and were seeing that, I think crypto will continue to trade well.

The report also notes that over the past few days Standard Chartered Bank, BCA Research and Bloomberg Intelligence have all pointed to potential paths for bitcoin to hit $100,000.

The recent banking-sector crisis has helped to reestablish bitcoins core use case as a decentralized, trustless and scarce digital asset, Geoff Kendrick, head of crypto and EM FX West research at Standard Chartered, wrote in a note.

The news comes amid a flurry of regulatory activity around the cryptocurrency space, such as the European Unions approval April 20 of the Markets in Crypto Assets (MiCA) regulation, giving as PYMNTS wrote the historically embattled digital asset sector a legitimate on-ramp to one of the worlds largest and most mature market economies.

As that report noted, market observers are increasingly taking the position that MiCA could help the crypto industry finally get something it has found elusive throughout its decade-plus history: access to banking services.

Meanwhile, the embrace of cryptocurrency does not extend to credit unions, according to recent research by PYMNTS and PSCU.

The April 2023 report Credit Union Innovation: Bridging the Cryptocurrency Divide finds that 56% of credit union leaders say they are less than enthusiastic about providing cryptocurrency products for their members.

Cryptocurrency remains a hot topic in the news, and while just under 1 in 3 U.S. consumers own cryptocurrency (31%), those who do tend to take crypto into consideration when making a host of financial decisions, including where they bank.

This points to a potential disconnect between what some credit union members want, and what some credit union executives plan to deliver, PYMNTS wrote.

Some observers say that the more consumers become educated about cryptos possibilities, the more willing they may be to experiment with digital assets. And indeed, half of consumers say that one reason they dont use cryptocurrency is because they know so little about it.

Still, credit union executives dont appear to be convinced, with two-thirds saying they are wary of offering cryptocurrency because of its volatility, and half pointing to the relatively weak penetration of digital assets as a payment method.

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Bitcoin on Track for Longest Hot Streak in Two Years - PYMNTS.com

Survey reveals 73pc of compliance professionals fear cryptocurrency is enabling money laundering – Stockhead

Anti-money laundering software company First AML reveals research findings into cryptocurrencys role in money laundering

There is no doubt that cryptocurrency is becoming increasingly popular as a medium of exchange, but unfortunately, its not all sunshine and rainbows.

A recent survey by anti-money laundering technology company First AML has revealed that the growing use of cryptocurrencies is also fuelling an alarming rise in money laundering activities.

The study, which gathered responses from 250 ANZ business leaders and individuals working in compliance, found that 73% of those working in compliance are worried about the increasing threat of money laundering through cryptocurrencies.

To make matters worse, nearly 40% of compliance-related companies in Australia have detected instances of cryptocurrency-related money laundering. And more than half of the survey respondents (51%) feel that current practices only partially address the issue.

One of the most significant challenges in combating cryptocurrency-related money laundering is keeping pace with evolving money laundering techniques. According to the survey, 34% of respondents cited this as the biggest challenge.

Its not just businesses that are struggling though. 80% of business leaders believe their companys Anti-Money Laundering (AML) compliance can be improved.

And for those that dont get their AML act together, there are consequences. Over 40% of businesses surveyed reported that they have experienced fines or penalties due to AML non-compliance.

On top of that, a whopping 93% of those businesses said that these penalties had a negative impact on their operations.

But its not all doom and gloom. The survey also provides important insights for businesses and individuals working in compliance to improve their AML processes.

For example, difficulty in identifying and tracking suspicious actors (23%) and a lack of clear regulatory guidance (19%) were identified as additional challenges that need to be addressed.

First AML chief executive Milan Cooper said the emergence of cryptocurrency-related money laundering presents significant challenges for businesses attempting to combat financial crime.

It is clear that current practices only partially address this threat, and that keeping pace with evolving money laundering techniques presents a significant challenge, said Milan.

Businesses need to find effective ways of staying up to date with regulatory guidance, and continue to develop new processes to stay compliant.

This article was developed in collaboration with First AML, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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Survey reveals 73pc of compliance professionals fear cryptocurrency is enabling money laundering - Stockhead