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Has The Time Come For Shiba Inu To Get Listed On Robinhood, As The Exchange Launch Public Beta Crypto Wallets

Mark Brennan
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Has The Time Come For Shiba Inu To Get Listed On Robinhood, As The Exchange Launch Public Beta Crypto Wallets

Online broker Robinhood has launched a cryptocurrency wallet beta program for 1,000 selected clients on a waiting list.



By March 2022, the number of participants will expand to 10,000 users who have applied earlier.

The company expects users to help test the app’s core functionality and provide feedback to build the final version of the product.

Robinhood blog post wrote:

“Starting today, we’ll begin rolling out crypto Wallets to 1,000 customers from the top of the Wallets waitlist (subject to owning an external wallet for testing and some safety checks). By March, we will expand the program to 10,000 customers before rolling out to the rest of the WenWallets waitlist.”

Test participants have a withdrawal limit of $2999 per day to external wallets with a limit of 10 transactions. Two-factor authentication is required.

In March 2021, Robinhood co-founder and CEO Vlad Tenev stated that the platform plans to add wallet functionality in a short time. In May, COO Christine Brown confirmed that digital asset withdrawals are coming.

We have previously given our analysis that the main reason for Shiba Inu’s delayed listing on Robinhood is the launch of Robinhood wallet; unless Robinhood launches their wallets, it will wait and may not announce the SHIB listing. Now, as they have embarked on public testing of their wallets, they might soon list Shib.

Also, ZeroHedge, a far-right libertarian financial blog followed by millions of people, recently revived the rumors about Robinhood listing for SHIB. According to the source, Robinhood plans to list the Shiba Inu token in February.

Ethereum Co-Founder Vitalik Buterin Comes Up With His Guess About Satoshi Nakamoto

Albert Brown
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Ethereum Co-Founder Vitalik Buterin Comes Up With His Guess About Satoshi Nakamoto

During a conversation with UpOnlyTV, Vitalik Buterin, founder of Ethereum, spoke about the current challenges of his project and its use cases.



In addition, he took the opportunity to leave his guess about who Satoshi Nakamoto is?

 

On occasion, Buterin also commented on the importance of anonymity and privacy. According to ETH founder, Satoshi’s disappearance was the second best thing he did, the first being Bitcoin.

Other big names like Elon Musk and Peter Thiel also follow the same line of thought as Vitalik. Both believe that Satoshi is someone who is well known in the community for his previous work.

Vitalik Buterin quotes Hal Finney.

Vitalik’s guesses about Satoshi Nakamoto’s identity started with a joke in which he had to choose a candidate from four options.

The first one featured Craig Wright (Faketoshi), Charles Hoskinson (Creator of Cardano), Elon Musk (CEO of Tesla), and an anonymous blueberry. Vitalik chose the unknown personality, denying that Craig Wright is the creator of Bitcoin. However, he claims to be a BTC creator and is already being sued for such insistence.

When asked more openly about the identity of Satoshi Nakamoto, Vitalik did not hesitate to quote Hal Finney, the first person to receive a Bitcoin transaction.

“I feel like if I had to name one person, I would say Hal Finney.”

According to Wikipedia, “Harold Thomas Finney II (May 4, 1956 – August 28, 2014) was an American developer for PGP Corporation and was the second developer hired after Phil Zimmermann. He was credited as the lead developer on several console games in his early career. He also was an early bitcoin contributor and received the first bitcoin transaction from bitcoin’s creator Satoshi Nakamoto.”

In addition to Vitalik Buterin, other big names like Peter Thiel, co-founder of PayPal, believe that the creator of Bitcoin is someone connected to past projects. Thiel also stated that he probably met Satoshi on a beach in the 2000s.

Elon Musk, founder of Tesla, in addition to stating that he is not Satoshi, said that the most likely name for this tricky Question is Nick Szabo, known for the creation of Bit gold.

Finally, Hal Finney, with Reusable Proof-of-Work, and Nick Szabo with Bit gold are strong candidates as Satoshi Nakamoto. Despite this, there are numerous other candidates, such as Wei Dai, creator of B-money.

It seems that the mystery of Satoshi Nakamoto’s identity will be present forever. At least he’s proved that it’s possible to remain anonymous even while creating one of the most innovative technologies of the modern-day.

McDonald Responded To Floki Inu (FLOKI) Request Of Being Accepted As A Form of Payment

Zabi
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McDonald Responded To Floki Inu (FLOKI) Request Of Being Accepted As A Form of Payment

McDonald Responded To Floki Inu’s Request Of Being Accepted As A Form of Payment.



On Wednesday, one of the FLOKI fans asked McDonald’s when they are going to accept FLOKI as the form of payment.

McDonald’s responded to the tweet and said they constantly review things according to the customers’ needs. Stay tuned for more updates.

The reply from an American fast food company was not clear whether they would be accepting Floki or not, but the response from such a big company to a prosaic follower matters a lot. This displays that company is now conscious of its customer’s needs, and McDonald’s may begin accepting different cryptocurrencies as payment.

In response to the McDonalds tweet, Floki Inu’s official Twitter handle posted a tweet saying that McDonald’s accepting FLOKI would be amazing to hundreds of thousands of Floki Vikings, as they would have one more reason to eat with McDonald’s.

Till now, McDonald accepts Bitcoin (BTC) as a form of payment only in El Salvador, as the country became the first to adopt Bitcoin as legal tender on September 7, 2021.

Floki Inu is a meme-coin, calling itself a people’s cryptocurrency and branding itself as a “movement.” The meme-coin is on a mission to beat Shiba Inu (SHIB) token in terms of fame, utility, and market capitalization and wishes to see its name in the Top 10 list of the World’s most prominent cryptocurrencies. The team for the meme coin is said to become public.

Floki Inu is working on “three flagship utility projects:”

  • An NFT gaming metaverse called Valhalla
  • An NFT and merchandise marketplace called FlokiPlaces
  • A content and education platform called Floki Inuversity

Floki Inu (FLOKI) is also bringing a gradual and phased transition to a DAO (Decentralized Autonomous Organization).

Main Reasons Why To Keep An Eye On Cardano Even In Bear Market

Albert Brown
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Main Reasons Why To Keep An Eye On Cardano Even In Bear Market

Cardano’s Promising Future Can Yield Huge Returns For Patient Investors.



The past few months have not been pleasurable for cryptocurrency investors, as the market has continued to suffer significant corrections. Several reports suggest that the cryptocurrency market has lost a whopping $1 trillion in the last 72 days, forcing several investors to flock to safety by holding stable coins.

While many may seem afraid to invest in cryptocurrencies now, this current bear market presents an opportunity for investors to put their money into promising cryptocurrencies that have the potential to bring significant returns in the long term. 

One cryptocurrency with this potential is Cardano (ADA), the blockchain project launched in 2017 by Ethereum co-founder Charles Hoskinson.

Cardano Blockchain

Popularly described as the “Ethereum killer,” Cardano was established to provide solutions to the problems inherent in Ethereum. 

The Cardano blockchain network offers low fees, scalability, and speed. These features gradually make Cardano a favorite choice for developers looking for the perfect network to deploy their decentralized applications (dApps) and smart contracts. 

Cardano is unique and different from existing blockchains. The network uses a dual-layer system that revolutionizes how people conduct business and a proof-of-stake (PoS) consensus algorithm with an added feature of the Ouroboros family protocols to solidify its security. 

Despite Cardano’s success in recent years, its developers are still working around the clock to help it become the best blockchain in the crypto space.

Expected Cardano Upgrades

The Cardano team’s 2022 roadmap focuses on addressing the challenges inherent in several layer-1 networks, including scalability, interoperability, and sustainability. 

Cardano’s previous upgrades have helped the network achieve major feats, including optimizing its decentralization and supporting smart contracts. 

Interestingly, the Basho upgrade is tipped to usher in better features such as the support of side chains for Cardano. This autonomous system gives ADA holders the right to vote on important decisions for the network, etc. 

Also, the Cardano blockchain block size was recently increased from 8KB to 72KB (an increase of 12.5%). Further improvements will be implemented over time, according to IOHK, based on ongoing monitoring of the system and overall network health.

Decentralized Exchange And Metaverse:

The first decentralized exchange SundaeSwap recently announced went live on Cardano’s mainnet this Thursday.

Pavia is building a metaverse on Cardano. It is similar to The Sandbox and Decentraland projects, based on the commercialization of virtual lands so that users and brands can build personalized experiences in immersive virtual environments.

So far, the project has minted 100,000 “land parcels” in the form of non-fungible tokens (NFTs). More than 60% of the land was negotiated in two initial sales rounds in October and November. The rest should be sold in the first quarter of this year. Like The Sandbox and Decentraland, Pavia also has a native token – PAVIA – that will serve to drive the game’s economy.

With all these promising features and offerings, ADA is poised to become a cryptocurrency that will grow in value in the long term. It would be best to take advantage of the massive discount ushered in by the bear market. 

 

 

Bitcoin Below $40K, Ethereum Below $3K, Main Reasons Of Crypto Market Fall

Mark Brennan
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Bitcoin Below $40K, Ethereum Below $3K, Main Reasons Of Crypto Market Fall

The start of 2022 was not good for the crypto market. Unlike for the last three years, this year started badly for Bitcoin and the company.



The global cryptocurrency market capitalization fell more than 5% today, dropping below the $2 trillion mark to $1.88 trillion, according to coinmarketcap.

Bitcoin continued its downtrend falling over 7% to $38,750. Bitcoin has lost over 14% since the beginning of this year, currently trading at $38,854

On the other hand, Ethereum has fallen below the $3,000 mark. It fell over 8% to $2,835. Cardano has fallen over 11%, while XRP, Polkadot, Litecoin Solana, Terra, Stellar have also been trading down in the 5-15% range over the past 24 hours. The price of Dogecoin also fell over 9% to $0.1487, Shiba Inu fell about 8% to $0.00002589 and, BNB dropped to $411, down 11%.

Reasons Of Market Fall

Cryptocurrency decline follows Wall Street losses on Thursday. The Nasdaq is down almost 5% this week, and the S&P 500 has fallen for the third week in a row.

As US 10-year Treasury yields soared earlier this week, rising rates forced investors to abandon their positions in riskier assets. Yields move in the opposite direction to prices.  U.S Fed Tapering is bad for unregulated markets like crypto. Tapering is the process in which the Fed slows down its purchases of new assets, including securities and bonds. Fed tapering and increasing interest rates could cause global liquidity to shrink and ultimately affect bitcoin’s price.

The crypto industry has faced several regulatory setbacks recently as skepticism about the rapid growth of digital assets around the world. Cryptocurrency exchanges will be the focus of the US Securities and Exchange Commission regarding digital assets in 2022. Russia’s central bank yesterday proposed a ban on bitcoin mining and cryptocurrency trading all across Russia.

Crypto funds have seen outflows for the fifth straight week, digital asset manager CoinShares said in a report, net outflows of digital asset investment products for the week ended Jan. 14 totaled $73 million.

Huobi’s recent report also predicts that Bitcoin will enter a bear market this year.

World Top Exchange Huobi Predict Bitcoin Will Enter Bear Market This Year

Mark Brennan
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World Top Exchange Huobi Predict Bitcoin Will Enter Bear Market This Year

The world top exchange Huobi believes that Bitcoin will suffer a Bear market this year due to the U.S. Fed’s tapering in November.



The world’s top exchange Huobi is listed in Hong Kong and processes more than $1 billion of trading volume daily, according to Coinmarketcap. It is one of the biggest crypto trading platforms in the world.

In collaboration with the Blockchain Association Singapore, Huobi released a report on Friday titled “Global Blockchain Industry Overview and Trends 2020-2021 Annual Report”

In the report, Huobi experts believe that Bitcoin is like to suffer a bear market, and the price of bitcoin will fall this year as global markets will react to the U.S. Federal Reserve dialing back on asset purchases.

As we know, in general, when bitcoin falls, the entire digital assets market suffers, as the crypto market is still not mature. The fall of the king crypto negatively influences the price of all other altcoins, including Ethereum.

Tapering is the process in which the Fed slows down its purchases of new assets, including securities and bonds. According to Huobi experts, Fed tapering and increasing interest rates could cause global liquidity to shrink and ultimately affect bitcoin’s price.

Huobi Research Institute, the research arm of Huobi, wrote:

“Fed tapering is likely to cause a reduction in global liquidity — or money pumped into the global economy — this year. Like many other high-risk assets, Bitcoin is often sensitive to changes in liquidity. Therefore, the cryptocurrency will face a ” bear market,” where the security faces a prolonged price decline.”

The report further clarifies that a rise in interest rates by Fed will put extra pressure on risky and nonregulated assets like Bitcoin, so “The possibility of bitcoin depreciation cannot be eliminated,”

Bitcoin touched $69,000 as an all-time high, but since then, the price of BTC has not been to hold its ground and kept on falling. And today, the BTC price broke the significant physiological level of $40K, currently trading at $38,800.

As Twitter Debuts NFTs Profile Images, World Top Footballer Neymar Jr Bought Two NFTs For $1.1M To Change His Profile Picture

Mark Brennan
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As Twitter Debuts NFTs Profile Images, World Top Footballer Neymar Jr Bought Two NFTs For $1.1M To Change His Profile Picture

Neymar announced he bought two NFTs from the famous Bored Ape Yacht Club (BAYC) collection as Twitter kicks off setting NFTs as a profile picture.



The post by the Top Football player has already received above 100,000 likes and more than 12,000 retweets. Along with Twitter, he also changed his profile picture of all his social media accounts with his NFT BoredApeYC.

According to data from OpenSea, the leading football player spent 1.1 million dollars to acquire two NFTs. He paid 159.99 ETH ($517,000) for BAYC #6633 and 189.69 ETH, almost $613,000 for the second NFT, BAYC #5269.

Neymar’s most valuable NFT has laser eyes, a popular meme among maximalist bitcoiners who claim that the price of Bitcoin could reach $100K soon.

 

Neymar’s Apes were transferred from the “EneJay” account to another with the name “EneJayVault,” probably for security reasons.

Twitter Blue

Twitter Blue is a paid version of Twitter that allows users to have different advantages and features. Recently, the social network announced one that caught a lot of attention: Now, Twitter Blue users can use NFTs as a profile picture.

According to an official announcement by Twitter Blue Lab, the service will allow users to connect their wallets, to display NFTs as a profile picture.

Your Twitter account will be linked with your public crypto wallet address when using the new feature. The platform will have access to the history of transactions and coins stored in the wallet, including all NFTs in the address.

Twitter Blue points out that wallet address is already public on the blockchain and can be verified on any platform, so Twitter Blue is not taking personal info from the linked accounts.

Twitter Blue Labs also clarifies that the platform will never request to transfer any amount from the cryptocurrency wallet, nor will it ask for private details like wallet keys or the seed phrase. The user must always remain vigilant and verify all requests for accessing their wallet.

Another interesting detail that draws attention is that the platform will store the public address to continue checking if the NFT that the users set on the profile still belongs to them or not.

At the moment, only Twitter Blue members on the IOS app can use NFTs in their profile pictures. And speaking of Twitter and NFTs, it seems that some big names liked the idea of ​​using NFTs in their profile picture, as was the case with Neymar.

For now, setting NFTs as a Twitter Blue profile image remains an experimental idea, only available in the US, Canada, Australia, and New Zealand.

Every day a new celebrity enters the NFT market and buys a Bored Ape NFT. The list already has Mark Cuban, Thiago Nigro, Snoop Dogg, Eminem, Steph Curry, DJ Khaled, Post Malone, Tommy Mottola, Jack Miller, Dez Bryant, Crystal Hefner, Andrew Wiggins, Lil Durk, and Travis Barker.

The Central Bank Of Russia Proposes A Ban On Cryptocurrency Use And Mining

Mark Brennan
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The Central Bank Of Russia Proposes A Ban On Cryptocurrency Use And Mining

The Central Bank of Russia (CBR) issued a consultation paper on Thursday entitled ‘Cryptocurrencies: Trends, Risks, and Regulation’, whose primary focus is to influence Russian authorities to ban both mining and the use of cryptocurrencies such as Bitcoin.



The document issued by the Central Bank of Russia begins by analyzing the size of cryptocurrencies. Examining data from December 2021, the bank cites crypto market capitalization of 2.3 trillion dollars and the volume of transactions by Russians, estimated at 5 billion dollars per year.

Going further, the bank also mentions the growth of the volume of Bitcoin ETFs, available in countries such as the USA, Canada, and Brazil, and the expansion of the decentralized finance (DeFi) sector.

While this may seem like good news for cryptocurrency lovers, the Russian Central Bank does not seem happy with these digits.

The CBR states that the growth of cryptocurrencies is a threat to Russian financial stability. For example, the bank mentions the high volatility of this market and the conversion of the Russian ruble to other digital currencies.

“The growth of cryptocurrencies use creates threats for Russian retail investors and financial stability. High volatility and proliferation of fraud in cryptocurrency trading creates for individuals risk of losing a significant portion of their investments and even of becoming a debtor in case of leveraged trading.”

However, the most important point is the comparison between dollarization and cryptonization. The Central Bank of Russia claims that, in both cases, it makes CBR lose grip over economic power and decisions in its own country.

“Just as dollarization, cryptoization limits monetary policy sovereignty, which might force central bank to permanently maintain a higher key rate in order to contain inflation. This will reduce the affordability of credit to both households and businesses.”

The bank also analyzes that when people hold their savings in crypto, it will badly impact their economic growth.

“The spread of cryptocurrencies could make people withdraw their savings from the Russian financial sector and, subsequently, decrease its capability to finance the real sector and potential economic growth reducing the number of jobs and potential for household income increase.”

Russia wants to ban mining and use of Bitcoin: After presenting its doubts, the Central Bank of Russia then states that it is necessary to ban mining and the use of cryptocurrencies such as Bitcoin as a payment method; as an example, the CBR cites China.

The three proposals from CBI are below; the first one aims to prohibit the use of cryptocurrencies as payments, the second is related to mining, and the last is related to financial institutions’ investments in digital assets.

  • “Establish liability for the violation of the statutory ban on using cryptocurrencies as a means of payment for goods, works and services sold and bought by Russian residents, whether legal entities or individuals. Prohibit the organization of the issue and/or the issue and the organization of the circulation of cryptocurrencies (including by cryptocurrency exchanges, cryptocurrency exchange offices, and P2P platforms) on the territory of the Russian Federation and establish liability for breaching this ban.
  • Cryptocurrency mining should be banned as it creates unproductive consumption of electric power, which threatens the power supply of residential buildings, social infrastructure, and enterprises and the Implementation of Russia’s environmental agenda.
  • Prohibit financial institutions’ investment in cryptocurrencies and related financial instruments like ETFs as well as the use of Russian financial intermediaries and Russian financial infrastructure to conduct cryptocurrency transactions, and stipulate liability for violating this ban.”

The world is divided on what actions to take on cryptocurrencies. Even Russia does not have a clear position, as its parliament wants to legalize the mining sector.

In short, the Central Bank of Russia does not want to lose its power over the people, as politicians see an opportunity to tax companies and citizens. Finally, it is worth remembering that today Russia is one of the largest mining centers on the planet.

Fox Business Journalist Says SEC legal Team Declared Ripple (XRP) Non-Security In 2018 So What Changed In 2 years?

Mark Brennan
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Fox Business Journalist Says SEC legal Team Declared Ripple (XRP) Non-Security In 2018 So What Changed In 2 years?

Eleanor Terrett, a Fox Business journalist, recently questioned the ongoing lawsuit between the SEC and Ripple.



Ripple Labs and US Securities and Exchange Commission (SEC) lawsuit started in DEC 2020. According to SEC, Ripple is a security, Where Ripple team says why SEC is specifically targeting Ripple, ignoring Ethereum created by an ICO and all other coins.

According to Terrett, the SEC legal team reviewed Ripple on June 13, 2018, the day before Hinman’s speech on Ethereum’s security status. It came with no recommendations to hold Ripple and its executives accountable for security.

This fact made her think about what could have led to a change in 2 years.

According to the Fox Business journalist, John Deaton, the founder of Crypto-Law.us, obtained the details. She vowed that the case would be examined later with another main Fox Business Journalist, Charles Gasparino.

Eleanor Terrett tweeted,

“On the latest ruling in the SEC vs. Ripple case: JohnEDeaton1 gave me his biggest takeaways and here’s what I find the most interesting: On June 13, 2018, the day before the Hinman speech, the SEC legal team reviewed whether XRP was security in a legal memo and did not.

Recommend bringing any enforcement action against Ripple or its executives. This shows SEC lawyers did NOT think it was unequivocal that XRP was a security. So what changed in two years?”

 

At the end of December 2020, the SEC, led by Jay Clayton, filed a lawsuit against Ripple and two of its top executives, Chris Larsen and Brad Garlinghouse.

The regulator said that Ripple had sold XRP to institutional investors for seven years as an unregistered security. The SEC also said the firm made more than $1.3 billion from unauthorized initial coin offering of the digital token.

Michael Saylor Reaffirmed After BTC Drop From $69K to $40K That Neither He Nor His Company Will Sell A Single Satoshi

Mark Brennan
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Michael Saylor Reaffirmed After BTC Drop From $69K to $40K That Neither He Nor His Company Will Sell A Single Satoshi

Michael Saylor, again affirmed that neither he nor his company is going to sell their bitcoin holdings.



Michael Saylor, CEO of MicroStrategy, in a conversation with Bloomberg, reaffirmed his commitment to hold bitcoin, despite a 40% decline in Bitcoin price from ATH.

“Never. No. We are not sellers,” said the top manager.

Saylor said he was comfortable and not nervous about the Bitcoin price drop from $69,000 to $40,000. He stayed sold on the point that Bitcoin is the best defense against rising inflation.

“The best defense against inflation is a Bitcoin standard. So I don’t really think we could do anything better to position our company in an inflationary environment than to convert our balance sheet to Bitcoin.”

Saylor is also committed to buying more bitcoins as the company generates cash, He also hopes that more Wall Streets businesses will join BTC at current prices.

“I feel like it’s consolidating at this level, This is a great entry point for institutional investors.”

MicroStrategy holds 124,391 BTC worth over $5.2 billion at current exchange rates. The company spent a total of $3.75 billion on its purchase with an average price is $30,159/BTC.

Earlier Michael Saylor, head of MicroStrategy, on the company’s investor day call said that his company is looking to generate yields on their bitcoin holdings. He also Predicted “Bitcoin Will Surpass Gold, Will Emerge Into A $100T Asset Class And 100x Of Where It Is Right Now”

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