fintech
88,538 views
98 Posts
Hot
Latest
📈 TRADING SETUP ( NFA ) 📈
Still boring price action on #XTP
sideways is the name here. Waiting for that breakout starts to work on my nerves😅
note: im no TA expert!
#crypto2023 #cryptotrading #fintech
Still boring price action on #XTP
sideways is the name here. Waiting for that breakout starts to work on my nerves😅
note: im no TA expert!
#crypto2023 #cryptotrading #fintech
⚡The #blockchain technology platform #Bakkt acquires Apex #Crypto for $200M
Bakkt has conducted the $200M acquisition of Apex Crypto, a turnkey platform that lets #fintech businesses offer #cryptocurrency investing to clients.
Bakkt has conducted the $200M acquisition of Apex Crypto, a turnkey platform that lets #fintech businesses offer #cryptocurrency investing to clients.
The Echovc Chain blockchain fund will be accessible to startups that attempt to solve the continent’s challenges using the #blockchain. #startups #fintech
https://news.bitcoin.com/africa-focused-venture-capital-firm-echovc-launches-blockchain-fund/
https://news.bitcoin.com/africa-focused-venture-capital-firm-echovc-launches-blockchain-fund/
Demystifying DeFi – A Deep Dive into the Hottest Trend in Cryptocurrencies and Fintech
With the rapid growth of the DeFi market, there is an urgent need to understand this new trend and explore its potential benefits, risks, and challenges.
This article aims to provide a comprehensive analysis of DeFi, including its underlying technology, its impact on the financial industry, and its future potential.
DeFi is an umbrella term used to describe a new ecosystem of decentralized financial applications that operate on blockchain networks without the need for intermediaries such as banks, brokers, or exchanges.
This new system is built on the principles of transparency, security, and accessibility, offering users more control over their financial assets and the ability to participate in a more inclusive and open financial system.
By demystifying DeFi, we hope to equip investors, businesses, and financial institutions with the necessary knowledge to navigate this exciting and transformative trend in cryptocurrencies and fintech.
Definition of DeFi
DeFi, short for “decentralized finance,” refers to a new ecosystem of financial applications that operate on blockchain networks without the need for intermediaries such as banks, brokers, or exchanges.
These applications are built on the principles of transparency, security, and accessibility, and are designed to offer users more control over their financial assets and the ability to participate in a more inclusive and open financial system.
DeFi applications typically use smart contracts to automate financial transactions, and rely on decentralized exchanges and liquidity pools to facilitate trading and lending activities.
#DeFi #fintech #crypto2023 #cryptotrading #cryptocurrency
This article aims to provide a comprehensive analysis of DeFi, including its underlying technology, its impact on the financial industry, and its future potential.
DeFi is an umbrella term used to describe a new ecosystem of decentralized financial applications that operate on blockchain networks without the need for intermediaries such as banks, brokers, or exchanges.
This new system is built on the principles of transparency, security, and accessibility, offering users more control over their financial assets and the ability to participate in a more inclusive and open financial system.
By demystifying DeFi, we hope to equip investors, businesses, and financial institutions with the necessary knowledge to navigate this exciting and transformative trend in cryptocurrencies and fintech.
Definition of DeFi
DeFi, short for “decentralized finance,” refers to a new ecosystem of financial applications that operate on blockchain networks without the need for intermediaries such as banks, brokers, or exchanges.
These applications are built on the principles of transparency, security, and accessibility, and are designed to offer users more control over their financial assets and the ability to participate in a more inclusive and open financial system.
DeFi applications typically use smart contracts to automate financial transactions, and rely on decentralized exchanges and liquidity pools to facilitate trading and lending activities.
#DeFi #fintech #crypto2023 #cryptotrading #cryptocurrency
Portugal's Progressive Policies Propel Fintech Growth. 🇵🇹
Portugal's fintech sector is flourishing, with a population of around 10 million. The recently launched Portugal Fintech Report highlights the country's unique governmental approach, particularly in cryptocurrency and freelancer regulations.
Factors Driving Fintech Growth:
Regulatory Flexibility: Portugal's regulatory approach allows for flexibility, fostering a robust fintech landscape.
Tax Incentives: The country offers attractive tax incentives, making it an enticing hub for digital asset and freelancer-centric fintech startups.
Lifestyle Benefits: Portugal combines regulatory support with high-quality living conditions, attracting global talent.
Highlighted Fintechs in Portugal:
ivendPay: Provides comprehensive cryptocurrency solutions for everyday transactions, offering innovative technology and instant cryptocurrency-to-fiat exchange.
Wallid: Offers ID solutions spanning Web2 and Web3, simplifying online purchases and ensuring control over individual ID data.
Coinscrap Finance: A B2B fintech using transactional data and behavioral economics to help banks and insurers understand clients' financial situations.
Uphold: A Web3 financial platform with "Anything to Anything" interface, serving over 10 million customers globally.
Jupiter app: Streamlines tax management for freelancers and digital nomads, empowering individuals and positioning Portugal as a leader in supporting the future of work.
Portugal as the European Crypto Hub:
Lisbon excels as Europe's crypto hub due to favorable regulations and a dynamic tech community. Portugal's Digital Transitional Action Plan prioritizes innovation through designated "Free Zones" for testing new technologies.
Global Talent Pool and Collaboration:
Portugal, Europe's crypto hub, fosters entrepreneur collaboration through strategic projects. Proximity to Spain fuels fintech expansion. Initiatives like the Non-Habitual Resident scheme attract freelancers with tax benefits, set to change in 2024.
#IvendPay #Portugal #Spain #fintech #Europe
Portugal's fintech sector is flourishing, with a population of around 10 million. The recently launched Portugal Fintech Report highlights the country's unique governmental approach, particularly in cryptocurrency and freelancer regulations.
Factors Driving Fintech Growth:
Regulatory Flexibility: Portugal's regulatory approach allows for flexibility, fostering a robust fintech landscape.
Tax Incentives: The country offers attractive tax incentives, making it an enticing hub for digital asset and freelancer-centric fintech startups.
Lifestyle Benefits: Portugal combines regulatory support with high-quality living conditions, attracting global talent.
Highlighted Fintechs in Portugal:
ivendPay: Provides comprehensive cryptocurrency solutions for everyday transactions, offering innovative technology and instant cryptocurrency-to-fiat exchange.
Wallid: Offers ID solutions spanning Web2 and Web3, simplifying online purchases and ensuring control over individual ID data.
Coinscrap Finance: A B2B fintech using transactional data and behavioral economics to help banks and insurers understand clients' financial situations.
Uphold: A Web3 financial platform with "Anything to Anything" interface, serving over 10 million customers globally.
Jupiter app: Streamlines tax management for freelancers and digital nomads, empowering individuals and positioning Portugal as a leader in supporting the future of work.
Portugal as the European Crypto Hub:
Lisbon excels as Europe's crypto hub due to favorable regulations and a dynamic tech community. Portugal's Digital Transitional Action Plan prioritizes innovation through designated "Free Zones" for testing new technologies.
Global Talent Pool and Collaboration:
Portugal, Europe's crypto hub, fosters entrepreneur collaboration through strategic projects. Proximity to Spain fuels fintech expansion. Initiatives like the Non-Habitual Resident scheme attract freelancers with tax benefits, set to change in 2024.
#IvendPay #Portugal #Spain #fintech #Europe
RHUNA is a fintech platform aiming to revolutionize the events and entertainment industry by integrating Web 3.0 and blockchain technologies. It features integrated digital wallets for cryptocurrencies, simplifies payment processes, and pioneers Decentralized Autonomous Organizations (DAOs) for event planning, giving the community a voice in decision-making.
#rhuna #fintech #blockchain #dao
#rhuna #fintech #blockchain #dao
Jamie Dimon's assertion that he would "close down" Bitcoin and crypto if he were in government, citing criminal use cases.
His narrow focus on the negatives of crypto warrants scrutiny.
⚡️Cryptocurrencies have evolved beyond illicit uses, with applications like DeFi and NFTs. Blockchain, the tech behind crypto, fosters innovation in various industries.
⚡️Crypto promote financial inclusion and job creation, contributing to economic growth. Major institutions recognize and integrate them.
The industry actively addresses risks through enhanced security and regulatory compliance.
Dimon's perspective reflects a poor understanding of the cryptocurrency landscape, overlooking its multifaceted nature and potential societal contributions. A more comprehensive assessment would acknowledge the industry's evolution and its positive impact on technology, finance, and global inclusion.
#cryptoregulations #cryptodebate #BitcoinNews #Usecases #fintech
His narrow focus on the negatives of crypto warrants scrutiny.
⚡️Cryptocurrencies have evolved beyond illicit uses, with applications like DeFi and NFTs. Blockchain, the tech behind crypto, fosters innovation in various industries.
⚡️Crypto promote financial inclusion and job creation, contributing to economic growth. Major institutions recognize and integrate them.
The industry actively addresses risks through enhanced security and regulatory compliance.
Dimon's perspective reflects a poor understanding of the cryptocurrency landscape, overlooking its multifaceted nature and potential societal contributions. A more comprehensive assessment would acknowledge the industry's evolution and its positive impact on technology, finance, and global inclusion.
#cryptoregulations #cryptodebate #BitcoinNews #Usecases #fintech
AI has revolutionized numerous industries, including finance. #AI-Trader is a platform that combines AI and the cryptosphere, exemplifying the transformative power of AI in financial technology (#fintech ). AI's ability to analyze vast amounts of data, including historical data, news, social media, and more, allows it to gain deep insights into the market. This enables AI-Trader to predict trends and enhance forecasting accuracy. By leveraging these capabilities, AI-Trader creates advantages in the market, automating complex tasks, offering personalized financial services, and making informed investment decisions in the dynamic world of #cryptocurrencies .
#bitcoin #cryptotrading
#bitcoin #cryptotrading
A business that wants to succeed must develop in creative ways to stand out in a competitive market. Creative and Grow with $RBIF to create your journey. Financial freedom journey 🔥🚀🚀
#RBIF #fintech #DigitalTransformation #AI
#RBIF #fintech #DigitalTransformation #AI
Crypto #ATM Company To Go Public After Announcing Merger.
Following the successful completion of a merger deal, Bitcoin Depot, a prominent cryptocurrency ATM provider in the United States, has announced its intentions to go public.
On June 30, investors authorised the merger, which was enabled by #fintech company #GSR II Meteora Acquisition Corporation.
The $885 million transaction, which was announced in August 2022, is anticipated to give investors access to Bitcoin Depot on the #Nasdaq market starting on July 3.
The merger, according to Bitcoin Depot's founder and CEO Brandon Mintz, is intended to support numerous growth opportunities and promote the wider acceptance of Bitcoin (BTC) in North America.
Following the successful completion of a merger deal, Bitcoin Depot, a prominent cryptocurrency ATM provider in the United States, has announced its intentions to go public.
On June 30, investors authorised the merger, which was enabled by #fintech company #GSR II Meteora Acquisition Corporation.
The $885 million transaction, which was announced in August 2022, is anticipated to give investors access to Bitcoin Depot on the #Nasdaq market starting on July 3.
The merger, according to Bitcoin Depot's founder and CEO Brandon Mintz, is intended to support numerous growth opportunities and promote the wider acceptance of Bitcoin (BTC) in North America.
🚀 MKR Unleashed: Revolutionizing DeFi with MakerDAO!🌟
Hello everyone, As Linkan, let’s dive into the revolutionary world of MakerDAO and its pivotal MKR token. A key player in DeFi, MakerDAO’s MKR token is more than just a digital asset—it’s a cornerstone of decentralized governance and financial stability.
🔍 MakerDAO & MKR: DeFi’s Driving Forces 🔍
Since its inception in 2014, MakerDAO has been instrumental in the DeFi landscape, particularly through its management of the $DAI stablecoin. $MKR , as a governance token, empowers holders to shape the MakerDAO ecosystem, influencing crucial policies and ensuring the stability of DAI.
🌐 MKR’s Dual Role: Governance and Stability 🌐
Beyond governance, MKR is vital in maintaining DAI’s value, addressing market shifts, and providing stability through smart contracts in volatile conditions.
📊 MKR in the Market 📊
As of December 2023, MKR’s significant role in governance and utility is underscored by its limited circulating supply of 977,631 out of 1.01 million tokens. The token’s value can fluctuate, reflecting the dynamic nature of the DeFi market.
🔥 Looking Ahead with MakerDAO and MKR 🔥
As DeFi evolves, $MKR continues to be central to governance and stability, showcasing the transformative power of blockchain in finance.
👥 Your Insights 👥
How do you envision MKR shaping the future of DeFi? Let’s explore the potential together!
#DeFi #MakerDAO #Blockchain #CryptoGovernance #fintech
Hello everyone, As Linkan, let’s dive into the revolutionary world of MakerDAO and its pivotal MKR token. A key player in DeFi, MakerDAO’s MKR token is more than just a digital asset—it’s a cornerstone of decentralized governance and financial stability.
🔍 MakerDAO & MKR: DeFi’s Driving Forces 🔍
Since its inception in 2014, MakerDAO has been instrumental in the DeFi landscape, particularly through its management of the $DAI stablecoin. $MKR , as a governance token, empowers holders to shape the MakerDAO ecosystem, influencing crucial policies and ensuring the stability of DAI.
🌐 MKR’s Dual Role: Governance and Stability 🌐
Beyond governance, MKR is vital in maintaining DAI’s value, addressing market shifts, and providing stability through smart contracts in volatile conditions.
📊 MKR in the Market 📊
As of December 2023, MKR’s significant role in governance and utility is underscored by its limited circulating supply of 977,631 out of 1.01 million tokens. The token’s value can fluctuate, reflecting the dynamic nature of the DeFi market.
🔥 Looking Ahead with MakerDAO and MKR 🔥
As DeFi evolves, $MKR continues to be central to governance and stability, showcasing the transformative power of blockchain in finance.
👥 Your Insights 👥
How do you envision MKR shaping the future of DeFi? Let’s explore the potential together!
#DeFi #MakerDAO #Blockchain #CryptoGovernance #fintech
Stablecoins – Balancing Privacy and Compliance in the Cryptocurrency Landscape of Fintech
Stablecoins are digital currencies designed to maintain a stable value against a pegged asset, usually a fiat currency. As the use of cryptocurrency continues to gain momentum in the financial technology (fintech) landscape, stablecoins have become increasingly popular due to their stability and ease of use.
However, as with any digital asset, there are concerns about privacy and compliance. On one hand, users demand privacy and anonymity in their transactions, while on the other hand, governments and regulatory bodies require compliance with Know Your Customer (KYC), Anti-Money Laundering (AML) regulations, and taxation.
This raises the question of how to balance the need for privacy and compliance in the context of stablecoins. In this article, we will explore the types of stablecoins, the challenges of balancing privacy and compliance, and the solutions available to address these challenges in the cryptocurrency landscape of fintech.
Definition of Stablecoins
Stablecoins are digital currencies designed to maintain a stable value against a pegged asset, typically a fiat currency such as the US dollar, euro, or yen. Unlike other cryptocurrencies like Bitcoin, whose values can fluctuate widely in a short time, stablecoins aim to provide price stability to their holders.
This stability is achieved by using various methods such as backing the stablecoin with fiat currency, cryptocurrency, or an algorithmic approach that adjusts the coin’s supply based on market demand. Stablecoins are used as a means of exchange, a store of value, and a unit of account in digital payments, lending, and other financial applications. https://coinxposure.com/stablecoins-balancing-privacy-and-compliance-in-the-cryptocurrency-landscape-of-fintech.html
#Stablecoins #fintech #Binance #bitcoin #Altcoin
However, as with any digital asset, there are concerns about privacy and compliance. On one hand, users demand privacy and anonymity in their transactions, while on the other hand, governments and regulatory bodies require compliance with Know Your Customer (KYC), Anti-Money Laundering (AML) regulations, and taxation.
This raises the question of how to balance the need for privacy and compliance in the context of stablecoins. In this article, we will explore the types of stablecoins, the challenges of balancing privacy and compliance, and the solutions available to address these challenges in the cryptocurrency landscape of fintech.
Definition of Stablecoins
Stablecoins are digital currencies designed to maintain a stable value against a pegged asset, typically a fiat currency such as the US dollar, euro, or yen. Unlike other cryptocurrencies like Bitcoin, whose values can fluctuate widely in a short time, stablecoins aim to provide price stability to their holders.
This stability is achieved by using various methods such as backing the stablecoin with fiat currency, cryptocurrency, or an algorithmic approach that adjusts the coin’s supply based on market demand. Stablecoins are used as a means of exchange, a store of value, and a unit of account in digital payments, lending, and other financial applications. https://coinxposure.com/stablecoins-balancing-privacy-and-compliance-in-the-cryptocurrency-landscape-of-fintech.html
#Stablecoins #fintech #Binance #bitcoin #Altcoin
#fintech was the second-best performing category with 24.3%, followed by #infrastructure and development which accounted for 14.3%. #NFT #Metaverse
https://news.bitcoin.com/african-blockchain-business-funding-rose-429-in-2022-report/
#hongkongweb3festival2023
https://news.bitcoin.com/african-blockchain-business-funding-rose-429-in-2022-report/
#hongkongweb3festival2023
$XRP Price Could #Skyrocket to $30 in Short Term, Says Fund Manager
According to Thomas Kralow, the founder and manager of #Kralow Capital, the native token of the XRP Ledger, $XRP, might experience a major price gain to perhaps reach a bullish target of $30 in the near future.
At the time of Kralow's comments, #Ripple, a significant player in the XRP market, is embroiled in a legal dispute with the #SEC, which is accused the #fintech company of selling XRP as an unregistered security.
According to Thomas Kralow, the founder and manager of #Kralow Capital, the native token of the XRP Ledger, $XRP, might experience a major price gain to perhaps reach a bullish target of $30 in the near future.
At the time of Kralow's comments, #Ripple, a significant player in the XRP market, is embroiled in a legal dispute with the #SEC, which is accused the #fintech company of selling XRP as an unregistered security.
Visa Europe Innovation Program 5th Edition Graduates. 🎖️🏆
The 2023 edition of the Visa Europe Innovation Program, a collaboration between Visa and Hackquarters aiming to bring innovation to the payments ecosystem in 6 European countries, has successfully concluded.
Out of 55 applications, 5 fintech ventures were selected to focus on smart and sustainable futures, next-gen payment experiences, empowering SMEs, new payment flows, and embedded finance themes, delivering innovative solutions.
Throughout the program, fintechs received over 32 hours of mentorship, opportunities to expand into international markets, participated in 73 introduction meetings, and formed 6 collaborations.
The graduating ventures include:
🔹Abonesepeti:
A platform managing all subscriptions in one app, providing solutions to subscription-related issues.
🔹Agrio Finans:
A financial technology solution preparing the agriculture and food economy for green reconciliation.
🔹Craftgate:
A "One-Stop" Shop Payment Orchestration allowing the management of various payment methods from bank virtual POS to alternative methods through a single panel.
🔹Enqura:
A next-gen remote identity verification platform, a fast and secure solution that won an international innovation award.
🔹Recepta:
A platform assisting businesses in offering personalized paper and digital receipts to customers without requiring personal information.
These successful ventures continue to contribute valuable innovations to the finance world through the Visa Europe Innovation Program, standing out for the support and opportunities provided to selected fintechs.
source: webrazzi
#visa #fintech #Abonesepeti #AgrioFinans #Craftgate
The 2023 edition of the Visa Europe Innovation Program, a collaboration between Visa and Hackquarters aiming to bring innovation to the payments ecosystem in 6 European countries, has successfully concluded.
Out of 55 applications, 5 fintech ventures were selected to focus on smart and sustainable futures, next-gen payment experiences, empowering SMEs, new payment flows, and embedded finance themes, delivering innovative solutions.
Throughout the program, fintechs received over 32 hours of mentorship, opportunities to expand into international markets, participated in 73 introduction meetings, and formed 6 collaborations.
The graduating ventures include:
🔹Abonesepeti:
A platform managing all subscriptions in one app, providing solutions to subscription-related issues.
🔹Agrio Finans:
A financial technology solution preparing the agriculture and food economy for green reconciliation.
🔹Craftgate:
A "One-Stop" Shop Payment Orchestration allowing the management of various payment methods from bank virtual POS to alternative methods through a single panel.
🔹Enqura:
A next-gen remote identity verification platform, a fast and secure solution that won an international innovation award.
🔹Recepta:
A platform assisting businesses in offering personalized paper and digital receipts to customers without requiring personal information.
These successful ventures continue to contribute valuable innovations to the finance world through the Visa Europe Innovation Program, standing out for the support and opportunities provided to selected fintechs.
source: webrazzi
#visa #fintech #Abonesepeti #AgrioFinans #Craftgate
Binance VIP Voices: Balancing Crypto Innovation & Regulation - The Future of Institutional Adoption
Main Takeaways
Major global financial institutions are increasingly viewing cryptocurrencies and blockchain as legitimate and beneficial due to advantages like speed and transparency.
Recent regulatory developments are viewed positively as they can enhance trust, and user protection and enable greater crypto adoption.
Traditional financial entities consider crypto integration a growth opportunity, with regulatory frameworks essential for building trust among institutional investors and encouraging their adoption.
#Crypto #Blockchain #fintech
#CryptoGovernance #BinanceFuturesNEXT
Major global financial institutions are increasingly viewing cryptocurrencies and blockchain as legitimate and beneficial due to advantages like speed and transparency.
Recent regulatory developments are viewed positively as they can enhance trust, and user protection and enable greater crypto adoption.
Traditional financial entities consider crypto integration a growth opportunity, with regulatory frameworks essential for building trust among institutional investors and encouraging their adoption.
#Crypto #Blockchain #fintech
#CryptoGovernance #BinanceFuturesNEXT
Traders generally buy the Bitcoin (BTC) when the MACD crosses above its signal line (orange line) and Sell, or short, the Bitcoin (BTC) when the MACD (blue line) crosses below the signal line (orange line). Now, see the graph again...
My point being, BTC is trying to break the resistance and break ATH but the retail investors are not in yet (will speak more about this in another post) but for now, since next halving is estimated to take place on April 19th, 2024...roughly 49 days from now, it is too early for ATH to be materialized (unless BTC is actually meant to go up to $150K)
My theory (based on the MACD and 350DMA) is that the BTC sellout is about to begin, especially since the BTC Greed Index is also very high (80+).
What would happen next? If it tanks, it may well fall to $54,478. Only if it can break the ATH of $69,045, it would then rise to $73 or $75K but that seems too odd a scenario. It seems that the sellout is about to begin in the coming hours/days. Stay vigilant.
Graph Credits: https://lnkd.in/gvQGf_cb
#BTC #cryptocurrency #fintech
My point being, BTC is trying to break the resistance and break ATH but the retail investors are not in yet (will speak more about this in another post) but for now, since next halving is estimated to take place on April 19th, 2024...roughly 49 days from now, it is too early for ATH to be materialized (unless BTC is actually meant to go up to $150K)
My theory (based on the MACD and 350DMA) is that the BTC sellout is about to begin, especially since the BTC Greed Index is also very high (80+).
What would happen next? If it tanks, it may well fall to $54,478. Only if it can break the ATH of $69,045, it would then rise to $73 or $75K but that seems too odd a scenario. It seems that the sellout is about to begin in the coming hours/days. Stay vigilant.
Graph Credits: https://lnkd.in/gvQGf_cb
#BTC #cryptocurrency #fintech
