Unmissable Launch: E-book “Uncomplicated Cryptocurrencies - A Guide for Beginners”

It is with great enthusiasm that I present my new e-book, “Uncomplicated Cryptocurrencies - A Guide for Beginners”.

After an intense journey of research, analysis and investment, I realized that many beginners in the cryptocurrency market face difficulties in understanding the basic concepts.

With this in mind, I created this e-book to provide the essential information that every beginner needs to operate safely and confidently. In a practical and uncomplicated way, you will have access to updated data on the cryptocurrency scene, preparing you to face the financial market with more security.

Why buy this e-book?

Essential Content: Covers the main concepts and strategies for beginners.

Accessible Language: Clear and direct explanations, without complicated jargon.

Real Experience: Based on real experiences of investment.

Updated: Relevant and current information about the cryptocurrency market.

I highly recommend this e-book to all beginners who want to deepen their knowledge and operate more safely. With it, you will be much better prepared to navigate the cryptocurrency financial market.

Get it now for only R$ 29.90 and start your journey into the cryptocurrency world on the right foot! Available on Amazon.com.br.

Special Bonus: I will be giving away a copy of the e-book to one subscriber to my channel! To participate, subscribe to the channel and comment on this post with the phrase “I want this e-book

Why does Russia want to create a BRICS cryptocurrency?

The Ministry of Finance and the Central Bank of Russia presented a report on Tuesday (15) analyzing the need to create an alternative to the traditional financial system — in addition to making harsh criticisms of the International Monetary Fund (IMF). The publication takes place in the context of the 16th summit of BRICS leaders, scheduled to take place between October 22 and 24. 

  Russia is currently the country that presides over BRICS (the acronym in English for Brazil, Russia, India, China and South Africa), a group of developing countries that has been trying to strengthen ties with each other and has even included other nations, such as Iran, Saudi Arabia and the United Arab Emirates. 

The group's debates have revolved around several topics. Among them, the replacement of the dollar as a means of payment between the countries of the bloc — a criticism that is endorsed by China, Brazil and Russia itself. 

This debate was sparked by Russia’s exclusion from Swift, the international payments system. Since then, the country has been seeking alternatives for cross-border transfers. The country has also started using the yuan in 70% of its commercial transactions.

Thus, the solution presented in the report is to advocate a cross-border payments system via Digital Ledger Technology (DLT, the fancy name for blockchain). In other words, Russia suggests creating a kind of BRICS cryptocurrency.

Why does Russia want to create the BRICS cryptocurrency?

According to the 48-page document, global cross-border trade has mainly taken place in regions of emerging countries and developing economies. However, international investments have not kept up with this flow of resources.

Source: Your Money

So, what will Drex change in my life?

Drex, the pilot project of the digital real of the Central Bank of Brazil, is in its second phase of testing and promises to bring significant changes to everyday life. Here are two main applications that can help you save money:

Investment Fragmentation:

Drex will allow you to use your investments in Treasury Direct bonds as collateral to increase your credit card limit. The novelty is that you will be able to divide your investment into several tokens of lower value, which offers more flexibility and security. For example, if you have R$ 15 thousand invested, you can create three tokens of R$ 5 thousand each, avoiding the risk of compromising your entire investment.

Buying and Selling Cars:

The Drex platform will facilitate the transfer of vehicles through smart contracts. This means that you will be able to carry out much of the process of transferring an asset directly from home, making the process more transparent and secure. Smart contracts ensure that the exchange of documents and money occurs automatically when both parties meet their conditions.

These innovations not only make transactions safer and more efficient, but also help reduce costs, such as loan and financing fees, by minimizing human error and default risks. Drex is creating an integrated digital ecosystem that promises to transform the way we deal with money and contracts on a daily basis.

There are still many issues to be resolved, and the Central Bank continues to develop and test Drex to ensure its effectiveness and security.

And you, do you think Drex really comes to help or control and ensure more taxation in the population's pockets?

Source: Your money

Bitcoin hits new all-time high in reais: What this means for investors

Many experienced investors consider an ATH to be just the beginning of a new appreciation cycle, especially when the asset has solid market fundamentals.

The appreciation of Bitcoin in reais can therefore be seen as a stimulus for new purchases. The growth potential, especially considering that the ATH in dollars has not yet been reached, can attract investors looking to take advantage of a bullish moment without necessarily needing to “bet everything at once”.

The question of “how much is needed to get started” is common among retail investors. It is essential to remember that Bitcoin allows for fractional purchases, that is, you do not need a large amount to start investing.

With the current price of Bitcoin, which is around hundreds of thousands of reais, many wonder whether they should invest only when they have this amount available. The answer is no: the ideal is to make periodic purchases at affordable amounts, taking advantage of the average price over time.

Regular buying strategies help to reduce exposure to volatility and allow investors to build their portfolio consistently, without rushing or needing to try to predict the market. Therefore, any amount is sufficient to start and benefit from potential future appreciation.

For those who already own Bitcoin, one approach may be to adopt gradual selling, a strategy that was widely discussed and applied during the last crypto winter.

Selling in stages allows investors to take profits without getting rid of their entire portfolio, creating a balance between profit-taking and exposure to the asset.

The ATH can be interpreted as a milestone, but it is unlikely to be the ceiling for Bitcoin. This asset continues to rise, driven by increasing global demand and limited supply, which favors the thesis of long-term appreciation.

Source: Bitcoin Portal

What do Kamala Harris and Donald Trump think about cryptocurrencies?

Cryptocurrencies have become a major issue in the presidential race, with former President and Republican candidate Donald Trump shifting from a skeptic to a self-proclaimed pro-crypto candidate, while current Vice President Kamala Harris — who took over from Joe Biden as the Democratic nominee in July — has signaled her intention to move away from the anti-crypto policies of the current administration she serves in.

Donald Trump

Former President Donald Trump has been far more vocal than Harris on the topic of cryptocurrencies.

Previously anti-Bitcoin and a skeptic of the industry, the businessman and real estate mogul has made a sharp shift on the issue, coming out as a champion of the industry and gaining widespread support and donations along the way.

His pledge to support Bitcoin mining — a big business previously dominated by China but with many American players now — fits right in with Trump’s protectionist brand. The same goes for her desire to fire Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), who is seen as a “crypto-hater.”

Kamala Harris

Democratic candidate Kamala Harris has initially been tight-lipped on the topic and, unlike Trump, certainly wasn’t seen at a BTC-themed New York bar handing out burgers to Bitcoin supporters.

But crypto is very much on the former attorney general’s agenda.

In October, Harris mentioned plans for the sector as part of her platform, which includes a specific commitment to the African-American community. A campaign document said the goal was to “support a regulatory framework for cryptocurrencies and other digital assets so that Black men who invest in and hold these assets are protected.”

This approach was controversial, especially as it was her most specific comment yet on cryptocurrencies.

Source: Portaldo bitcoin

Will DREX be the end of PIX?

The Central Bank (BC) announced the start of tests of DREX, the digital version of the real. The project is expected to function as an electronic version of paper money, using the same technology as cryptocurrencies, the blockchain. However, Brazilians are unsure: does DREX represent the end of PIX?

The digital version of the real can be used for purchases, payments and transfers, but with innovative features, such as “smart contracts”, which automate more complex processes.

Unlike Pix, which focuses on instant transfers between bank accounts, Drex aims to offer new types of transactions;

In addition to facilitating foreign exchange transactions and the trading of digital assets without the need for intermediaries;

It will be more focused on serving companies in the financial market;

This guarantees security, transfer and immutability, also reducing bureaucracy and costs in processes such as: buying and selling real estate, vehicles, among others. Brazilian financial system, the two technologies do not compete with each other.

New PIX rules

The Central Bank announced some changes to the method that will come into effect in the country starting November 1st. The changes are intended to reduce scams and fraud among Brazilians who use the transfer method.

When they come into effect, the value of transactions and access to PIX by unknown devices will be limited.

Tesla cell phone: note the reference to a cryptocurrency that is not yet tradable!!

Is the Tesla cell phone a reality? It is true that the controversial and wealthy Elon Musk likes to surprise the world, whether in the automobile industry, on the internet or even in space. And he could do it again, this time in the smartphone sector. The South African entrepreneur considered the idea of ​​launching a Tesla cell phone if Twitter were removed from the Android and iPhone app stores.

Some specialized websites have already started to air the possible image of the Tesla cell phone. Once again, it is important to emphasize that there are no official images, only speculation. One of the images was suggested by designer Waqar Khan.

He suggests that the cell phone has a more futuristic design, with square edges and a more robust look. The size should be between 6 and 7 inches, Dynamic AMOLED 2X screen and at least 120Hz.

Other suggestions are that the cell phone has 5G internet and another via satellite through the company Starlink, of which Musk is CEO. To do this, the company would have to make more antennas available to ensure greater coverage for Tesla's cell phone.

But what if this image and the reference to this cryptocurrency that has not yet been commercialized are true? So I've been mining this currency for free for 1 year now, and the detail is that it's all free and you need to activate it once every 24 hours directly on your cell phone.

About Pi Network

Pi Network is a decentralized cryptocurrency project focused on creating passive cryptocurrency flows for its holders.

What you need to do then:

1. Download the mining application (Pi Network);

2. Create your user, pay attention to the password;

Note: You will have a secret phrase, don't lose it or you will lose all the cryptocurrencies.

3. Use my username (johnnyrobson) as your invitation code;

4. Complete all the steps required in the "Mainnet checklist" menu;

5. Every 24 hours you need to validate your application for mining.

Brazil is the only country that combines three key factors for crypto!!

After the emergence of blockchain technology and its first mass use case with cryptocurrencies, countries around the world are forced to adapt their regulations to meet the new demands of a currency made for the digital age. In the case of Brazil, the advances are many and make the country attractive to large companies, such as Ripple, a company related to the cryptocurrency XRP, one of the largest in the world in market value.

In an interview with EXAME during the Swell 2024 event in Miami, Silvio Pegado, director of Ripple in Latin America, stated that there are three key factors that make Brazil so attractive to crypto companies.

"Brazil is, by far, the only country [in Latin America] that combines all three things: an active regulator, an engaged financial industry and a developing crypto ecosystem. If you start looking at these three pillars, you will realize that Brazil is, in the end, a unique country in Latin America," he told EXAME.

"That's how we see it, and today we are focused on Brazil. We have already launched three products since the beginning: payments, custody and stablecoin," he added. Last Tuesday, the 15th, Ripple announced news about its stablecoin project at Swell 2024. The currency, backed by the dollar, should be called RLUSD, already has several partners and is ready for launch, awaiting only the approval of the North American authorities, something that could happen "soon" according to Brad Garlinghouse, CEO of Ripple.

"With all this preparation, I would like to highlight, dear user, that the opportunity to buy Ripple currency is now before the launch, as this will make Ripple appreciate and we will only know how much it will appreciate when this happens, so add Ripple to your portfolio and wait for the profits." (Emphasis added by the profile administrator)

Source: Exame.com

Bitcoin Halving: the effects have finally reached the market

It is good to know that the halving is an automatic and irreversible mechanism in the Bitcoin blockchain, responsible for the deflation of the token. In this case, the rewards to miners fall by 50% every four years, which is the same as affecting the issuance of the currency.

2012
-> 50 BTCs to 25 BTCs2016
-> 25 BTCs to 12.5 BTCs2020
-> 12.5 BTCs to 6.25 BTCs2024
-> 6.25 BTCs to 3.125 BTCs

As a consequence, there are fewer units in circulation on the market. Less supply + same demand = supply-demand shock + bitcoin price rises!

Historically, this supply-demand shock has brought very positive performance to Bitcoin. In some cases, appreciations exceed 1,000%. So, it is no wonder that with each “cycle” the historical maximum was renewed, as we can see below:

2012
-> US$ 1,163.002016
-> US$ 19,666.002020
-> US$ 69,000.002024
-> US$ 73,800.00… At least until now!

What is striking about 2024 is that this maximum was reached one month before the halving. This opens the possibility of “blaming” two movements. Normally, it takes 10 to 12 months for bitcoin to reach a new historical maximum.

The first of these is the approval of spot bitcoin ETFs in the United States. The funds helped popularize the cryptocurrency and provide more “security” to institutional investors who also wanted to be part of this market, injecting considerable amounts of capital.

The second movement is the simple speculation of part of the market that “anticipated” the pricing of the Bitcoin halving and took profits when they noticed the lack of strength of this behavior. Technically speaking, the halving itself had little or no direct influence on Bitcoin’s performance, but this seems to be changing.

Text: João Canhada is the founder of Grupo Foxbit

Source: Exame.com

Who is Satoshi Nakamoto? New HBO documentary claims to have solved the mystery

The mystery surrounding the identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin, has been one of the most fascinating narratives in the world of technology and finance since the creation of Bitcoin in 2009. However, despite being the mastermind behind one of the most significant technological advancements of the 21st century, Satoshi Nakamoto’s true identity remains a secret.

With the release of a new HBO documentary, Money Electric: The Bitcoin Mystery, promising to reveal the identity of Satoshi Nakamoto, interest in discovering his true identity has once again increased. Who is Satoshi Nakamoto? Are we finally about to learn the true identity of this mysterious figure?

Watch HBO’s new documentary, Money Electric: The Bitcoin Mystery, which has reignited global fascination with the Satoshi mystery. Directed by Emmy-nominated Cullen Hoback, the documentary promises to delve into new claims that could potentially end the mystery surrounding Bitcoin’s creator.

While details including the title remain closely guarded, promotional material for the documentary hints at groundbreaking revelations that could finally settle the debate.

Regardless of Satoshi Nakamoto’s identity, Bitcoin’s groundbreaking impact on transforming our financial system is undeniable.

From its humble beginnings as a niche currency embraced by cypherpunks and techies, Bitcoin has now become a trillion-dollar asset class. It has become a store of value, an investment vehicle, and even a means of bypassing traditional financial systems.

Lula says he will launch "the largest credit program in the country's history".

President Luiz Inácio Lula da Silva announced this Friday, October 18, that he will launch the Acredita program, considered the largest credit program in Brazil's history, in São Paulo. The program aims to offer lines of credit to microentrepreneurs, small and medium-sized business owners, as well as housing loans.

The initiative seeks to boost economic development, income generation and employment. Among the proposals is Procred 360, which grants credit to individual microentrepreneurs and microbusinesses.

Lula highlighted the importance of making money circulate among the poorest people to promote wealth and asked business owners to see workers as consumers.

What is your opinion on this subject?

User Loses $700,000 in a Microtransaction

It was a sunny morning in the world of Ethereum when newly minted cryptocurrency millionaire Thomas Meier decided to buy a coffee in downtown Manhattan. With the glow of wealth in his eyes, he opened his digital wallet and made a simple microtransaction on the Ether network, without realizing the cost it would entail. When he received confirmation of the transaction, he was perplexed: the fees added up to an unbelievable $700,000. What seemed like a common purchase ended up in a harsh lesson about the pitfalls of the Ethereum blockchain.

Something similar to what happened in this fictional story occurred with an Ethereum user who, in fact, lost $700,000 in a microtransaction, according to data revealed by Lookonchain. Although this is an extremely rare case, it serves as a warning that the Ethereum network can, in some transactions, apply fees that are beyond control, without any prior warning.

While some users are concerned about current fee structures, the Spanish banking giant (BME: BBVA) is taking a step forward by integrating Visa’s (NYSE: V) smart contract platform, which is based on Ethereum.

Since 2019, BBVA has been heavily involved in blockchain technology and its implications for the financial sector. In collaboration with Spanish insurer Mapfre, BBVA used smart contracts to structure the first green bond. This was the beginning of a journey that led the bank to explore the world of tokenized assets and smart contracts.

Asset tokenization and the use of smart contracts are poised to transform the financial sector. BBVA, a pioneer in this area, is demonstrating that these technologies are concrete solutions, not just futuristic concepts. By being able to represent assets as digital tokens, the bank can conduct transactions more efficiently, reducing bureaucracy.

source: Investing.com

Bitcoin outperforms investment options in Brazil and accumulates the highest increase in 2024

Despite a weaker performance in the third quarter of this year, bitcoin still accumulates an appreciation of more than 60% in 2024 and, with that, surpassed some of the main investment options for Brazilians. The information is part of a survey released by Einar Rivero, CEO of Elos Ayta Consultoria.

According to the survey, the asset that had the best performance in the third quarter was gold, which rose more than 13.22%. Second place went to IDIV (Dividend Index), with an increase of 7.93%, while Ibovespa appreciated by 6.38%. On the negative side were the dollar, with a drop of 1.99%, and IFIX (Real Estate Fund Index), which fell by 1.24%.

Considering only the month of September, gold also maintained the first position, rising by 4.8%. Second place went to Bitcoin, which rose 3.69%, followed by the IHFA (Multimarket Fund Index), which appreciated 0.97%. The negative highlights were the Small Caps index, the dollar and the Ibovespa, which fell 4.41%, 3.68% and 3.08% respectively.

Bitcoin was also a highlight in the accumulated appreciation in 2024. According to the consultancy's survey, the cryptocurrency accumulated a "significant increase" of 68.44%. With this, it has a wide distance from the second place, the BDR Index, which had gains of 41.96% in the same period. Third place goes to gold, with an increase of 27.85%.

In practice, the data means that the cryptocurrency more than doubled in value between the end of 2023 and the first three quarters of 2024, even after having a performance alternating between falls and laterality since June of this year.

Source: Exame

Auradine CEO Says Bitcoin’s Decentralization Is a Security Issue

Auradine’s CEO described a potential scenario where malicious code embedded in this firmware could shut down mining operations within a given geography. This could cause the network’s hash rate and difficulty to drop, making a 51% attack easier to execute.

“Anytime you have hardware, software, and firmware from a foreign entity connected to your energy infrastructure — which is what Bitcoin has essentially become — you need to make sure you’re doing the proper due diligence and risk mitigation.”

Another attack vector is supply chain risk, the CEO said during the interview. If highly specialized mining hardware, such as application-specific integrated circuits (ASICs), is predominantly manufactured in a single jurisdiction, then that country could restrict the export of these products at any time — leaving miners without access to crucial technology.

According to CryptoQuant, the current difficulty of the Bitcoin network is 88.4 trillion — down from 92 trillion on September 20, 2024.

The Auradine CEO is not the only one to sound the alarm about hashrate concentration and mining pool centralization.

In May 2024, it was reported that just two mining pools — AntPool and Foundry — controlled more than 50% of the network’s hashrate.

Later in September, CryptoQuant founder Ki Young Ju noted that Chinese mining pools accounted for 55% of the hash rate — a claim that was met with debate.

source: cointelegraph

Patience!!

When we advise our followers to be patient with the Cryptocurrency market, there is a reason.

The easiest and most guaranteed way to be successful in the Cryptocurrency market in the long term is to buy when it is LOW and SELL when it is HIGH.

This way, you avoid losses and make profits safely and efficiently. In my ebook "Uncomplicated Cryptocurrencies - a guide for beginners" available on Amazon, I teach everything you need to know to operate seeking success and security.

$SHIB

Germany shuts down 47 cryptocurrency exchanges!!

Germany has stepped up its fight against cryptocurrency crimes, shutting down 47 exchanges accused of facilitating illicit activities. These platforms were used by cybercriminals to launder money and hide illegally obtained funds.

The German criminal police, in partnership with the main prosecutor's office in Frankfurt and the national cybercrime agency, released a statement on Thursday (19) formalizing the charges against the 47 exchanges.

German authorities revealed that among the users of these exchanges were ransomware and botnet operators. These criminals used the platforms to convert profits obtained from cyberattacks, such as data hijacking and control of computer networks, into conventional money, thus hindering investigations.

Among the closed platforms, Xchange.cash, in operation since 2012, was one of the largest, having facilitated around 1.3 million transactions for approximately 410 thousand users. Other exchanges, such as 60cek.org, Baksman.com and Prostocash.com, were also targeted in the operation.

However, German authorities acknowledged the complexity of a large-scale prosecution, considering that many of those involved are in countries with less stringent legislation or where there is protection for cybercriminals.

Source: Investidor10

Government committee recommends return of daylight saving time

The measure is seen by the government as a way to shift peak consumption to a time with more solar generation. The Minister of Mines and Energy says he will still talk to other sectors.

The Electric Sector Monitoring Committee (CMSE) recommended this Thursday (19) the return of daylight saving time in 2024. If adopted, the clocks would be moved forward by 1 hour (which is what determines daylight saving time) after the 2nd round of municipal elections.

The strategy is seen by the government as a way to shift peak consumption to a time with more solar generation, reducing the need to activate thermoelectric plants — which are expensive and pollute more — to meet demand.

However, Silveira said he is still not convinced of the need for daylight saving time, despite the committee's recommendation.

The minister said that there is "confidence that there will be no shortage of energy" and that he intends to analyze other measures first, such as bringing forward transmission lines and changes in the operation of the Belo Monte plant.

The final decision will be up to President Luiz Inácio Lula da Silva (PT) and will be a determination that is not only technical, but also political, since daylight saving time affects society's routine.

According to the minister, the decision on daylight saving time should be made in the next 10 days.

Source: G1

ATTENTION!! Criminals target cryptocurrencies in robberies in Rio de Janeiro

A landmark of the southern zone of Rio de Janeiro, the Leblon neighborhood has become a high-risk area for cryptocurrency investors.

Criminals have been carrying out armed robberies targeting their victims' cell phones. Not exactly to steal them, but rather to access cryptocurrency wallets and applications, according to a note published in Ancelmo Gois' column in O Globo.

Using an approach that is both aggressive and sophisticated, the perpetrators of "crypto robberies" demand passwords and private keys from their victims for cryptocurrency exchanges and self-custodial wallets. Armed with this information, they transfer the funds to unidentified wallets.

Once the accounts are empty, there is very little that users can do to recover their funds, since transactions carried out on blockchain networks are irreversible. Tracking them would be a task for specialized professionals, something that is beyond the reach of the Rio de Janeiro Civil Police.

Even so, even if the victim were able to identify the destination address and the flow of the stolen cryptocurrencies, recovering them would require identifying the wallet owner, locating him and, somehow, forcing him to reverse the transactions. In other words, practically an impossible mission.

Source: Exame

Thank you to the 3,000 Followers!

I would like to thank everyone who is following this page. It is a great joy to be able to share information and generate content about the cryptocurrency financial market.

I would like to thank each of our 3,000 followers. It is very important to celebrate small achievements, because those who can be happy with them can be happy with what they have in the present.

Happiness is not in the illusion of achieving something in the future, but in the process and the journey to get there.

May God bless you in this process towards prosperity and financial freedom.

Shiba Inu Could Explode 5,000%

The crypto space is full of exciting events and unexpected surprises. Currently, one of the most intriguing theories involves the meme-coin Shiba Inu (SHIB).

If SHIB maintains its strong correlation with Bitcoin, it could experience a 5,000% increase in value. But how much of this scenario is feasible, considering VanEck’s recent Bitcoin predictions?

VanEck, known for its Bitcoin ETFs and $108 billion in assets under management, recently released a very optimistic forecast.

The firm projects that Bitcoin could reach a market cap of $61 trillion by 2050.

This estimate assumes that Bitcoin will process 10% of international payment transactions and that central banks will hold 2.5% of their assets in BTC. In this context, the price of one Bitcoin could reach a staggering $2.9 million.

One of the most notable characteristics of Shiba Inu is its high price correlation with Bitcoin. According to data from IntoTheBlock, Shiba Inu has shown an 85% correlation with Bitcoin over the past 30 days. If Bitcoin does indeed achieve the 5,600% increase predicted by VanEck, SHIB could rise by the same amount.

Source: IntoTheBlock