Nudrat
Crypto Writer, Trader, Analyst, Youtuber, Blockchain and Web 3.0 enthusiast
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Indian Railways Introduces NFT-Based Tickets for MahaKumbh Mela 🚉✨
In a groundbreaking move, Indian Railways is embracing blockchain technology by issuing NFT-based train tickets for the MahaKumbh Mela, a sacred Hindu pilgrimage held once every 144 years. 🌊🙏
🚀 The Collaboration: On January 13, Chaincode Consulting announced its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC) to revolutionize the travel experience for millions heading to this spiritual festival.
🌐 Powered by Polygon: The NFTs will be minted on the Polygon blockchain, ensuring scalability and efficiency. They will be accessible via NFTtrace, a real-world assets (RWAs) and traceability platform.
This innovative step not only modernizes ticketing but also preserves the significance of the MahaKumbh Mela in a digital format. 📜💡
Would you travel with an NFT ticket? Let us know your thoughts! 🗨️✨
In a groundbreaking move, Indian Railways is embracing blockchain technology by issuing NFT-based train tickets for the MahaKumbh Mela, a sacred Hindu pilgrimage held once every 144 years. 🌊🙏
🚀 The Collaboration: On January 13, Chaincode Consulting announced its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC) to revolutionize the travel experience for millions heading to this spiritual festival.
🌐 Powered by Polygon: The NFTs will be minted on the Polygon blockchain, ensuring scalability and efficiency. They will be accessible via NFTtrace, a real-world assets (RWAs) and traceability platform.
This innovative step not only modernizes ticketing but also preserves the significance of the MahaKumbh Mela in a digital format. 📜💡
Would you travel with an NFT ticket? Let us know your thoughts! 🗨️✨
A complete insight on M2 (Money Supply) of Bitcoin and SAB 121 Accounting Rule created by SEC USA. This video is for Urdu and Hindi Speaking Community to help them understand how crypto market really works.
https://youtu.be/GOHkpHqWRo8?si=a4AGOsVzDxBZg9JE
https://youtu.be/GOHkpHqWRo8?si=a4AGOsVzDxBZg9JE
Stablecoins Are About to Go Mainstream — And You Might Not Even Notice! 💰🌍
Here’s why this shift is happening fast:
🔹 Clearer Regulations: Governments are finally defining the rules.
🔹 Banking Integration: Major banks are building stablecoin infrastructure.
🔹 Global Adoption: Cross-border stablecoin usage is rising rapidly.
🚀 Market cap projections? A potential 3x by 2025.
Here’s the kicker:
Most people still don't fully grasp how stablecoins work. That gap is where big opportunities live.
🔑 Stay ahead. Start exploring stablecoins now before everyone catches up!
Here’s why this shift is happening fast:
🔹 Clearer Regulations: Governments are finally defining the rules.
🔹 Banking Integration: Major banks are building stablecoin infrastructure.
🔹 Global Adoption: Cross-border stablecoin usage is rising rapidly.
🚀 Market cap projections? A potential 3x by 2025.
Here’s the kicker:
Most people still don't fully grasp how stablecoins work. That gap is where big opportunities live.
🔑 Stay ahead. Start exploring stablecoins now before everyone catches up!
$11.6 billion is stuck in SWIFT delays every day, while stablecoins settle in just 3 seconds.
🔒 Banks: Not Instant, Not Efficient
Banks rely on outdated networks like SWIFT, which holds up a staggering $11.6 billion daily. Payments take too long and can’t keep up with the fast-paced world we live in.
🌍 Emerging Economies Are Turning to Stablecoins Out of Necessity
In Argentina, where the peso has lost 99% of its value in the last 30 years, millions use USDT to protect their savings from inflation. In Africa, stablecoins are revolutionizing cross-border trade, offering speed and cost efficiency far beyond traditional banks.
⚖️ Regulation Will Define Winners and Losers
The UAE is leading the way, adopting stablecoins with progressive regulations that encourage innovation. Meanwhile, Europe’s MiCA regulation forces issuers to keep 60% of reserves in low-risk assets, squeezing profitability. As a result, Tether is pulling out of Europe, leaving fewer options for traders.
⚡ Real-Time Payments: The Game Changer
With stablecoins, payroll, trade, and remittances can be automated and settled instantly. No more waiting days for transfers—stablecoins make financial transactions as fast as the click of a button.
Stablecoins are not just a tool for saving—they’re reshaping the future of trade and breaking down the barriers banks have built.
#USJoblessClaimsDrop #stableBTC
🔒 Banks: Not Instant, Not Efficient
Banks rely on outdated networks like SWIFT, which holds up a staggering $11.6 billion daily. Payments take too long and can’t keep up with the fast-paced world we live in.
🌍 Emerging Economies Are Turning to Stablecoins Out of Necessity
In Argentina, where the peso has lost 99% of its value in the last 30 years, millions use USDT to protect their savings from inflation. In Africa, stablecoins are revolutionizing cross-border trade, offering speed and cost efficiency far beyond traditional banks.
⚖️ Regulation Will Define Winners and Losers
The UAE is leading the way, adopting stablecoins with progressive regulations that encourage innovation. Meanwhile, Europe’s MiCA regulation forces issuers to keep 60% of reserves in low-risk assets, squeezing profitability. As a result, Tether is pulling out of Europe, leaving fewer options for traders.
⚡ Real-Time Payments: The Game Changer
With stablecoins, payroll, trade, and remittances can be automated and settled instantly. No more waiting days for transfers—stablecoins make financial transactions as fast as the click of a button.
Stablecoins are not just a tool for saving—they’re reshaping the future of trade and breaking down the barriers banks have built.
#USJoblessClaimsDrop #stableBTC
The Decision That Could Shape Crypto Policy for Decades
The next Chair of the Commodity Futures Trading Commission (CFTC) could define crypto's future in U.S. policy—and possibly the global stage.
Reports suggest Donald Trump’s transition team is considering crypto-friendly candidates for the role, signaling a bold stance on blockchain innovation.
Two frontrunners have emerged:
🔹 Summer Mersinger: Renowned for her balanced regulatory approach, she advocates for fostering growth in the crypto sector while ensuring consumer protection.
🔹 Brian Quintenz: A former CFTC Commissioner and current policy lead at a16z, he’s a vocal supporter of clear regulations to drive U.S. innovation.
This decision is more than just an appointment—it’s a potential turning point. A crypto-forward CFTC Chair could fast-track regulatory clarity in the U.S. and set the tone for a global race in blockchain policy leadership.
The Trump team’s focus on aligning the CFTC leadership with its crypto vision highlights how far the space has come—and how high the stakes are now.
The next CFTC Chair won’t just shape regulations—they’ll shape the future of digital assets in America.
👀 All eyes on Washington, D.C.!
The next Chair of the Commodity Futures Trading Commission (CFTC) could define crypto's future in U.S. policy—and possibly the global stage.
Reports suggest Donald Trump’s transition team is considering crypto-friendly candidates for the role, signaling a bold stance on blockchain innovation.
Two frontrunners have emerged:
🔹 Summer Mersinger: Renowned for her balanced regulatory approach, she advocates for fostering growth in the crypto sector while ensuring consumer protection.
🔹 Brian Quintenz: A former CFTC Commissioner and current policy lead at a16z, he’s a vocal supporter of clear regulations to drive U.S. innovation.
This decision is more than just an appointment—it’s a potential turning point. A crypto-forward CFTC Chair could fast-track regulatory clarity in the U.S. and set the tone for a global race in blockchain policy leadership.
The Trump team’s focus on aligning the CFTC leadership with its crypto vision highlights how far the space has come—and how high the stakes are now.
The next CFTC Chair won’t just shape regulations—they’ll shape the future of digital assets in America.
👀 All eyes on Washington, D.C.!
Your First Crypto Loss? Welcome to the Club, Champ 🥂
Ah, crypto—the place where dreams of Lambos turn into lessons in humility. If you’ve just watched your portfolio nosedive harder than a meme coin rug-pull, congrats! You’ve officially joined the ranks of seasoned traders—battle scars and all.
Feeling alone? Don’t. Studies show 70% of crypto traders lose money in their first year. And the other 30%? They’re probably still holding bags from 2021, just quieter about it.
Let’s Get Real: What They Don’t Tweet About
That sinking feeling when you buy the “dip”… and it keeps dipping 🕳️The midnight FOMO that turns into a morning facepalm 🤦
Realizing “diamond hands” is way harder than it sounds 💎✋
When your “research” is mostly YouTube hype videos 🎥
Losing in Crypto: The Unfiltered Truth
• It’s not just your wallet—it’s your ego that takes the hit. Nothing stings like a leveraged wipeout.
• Your first loss? Call it crypto kindergarten—painful, yes, but oh-so educational.
• Those “10x gains” stories? They skip the sleepless nights and panic-selling chapters.
Turning Losses Into Lessons 💡
Want to make that L count? Here’s how:
1️⃣ Own it: Screenshot that red portfolio. Trust us, future you will laugh (someday).
2️⃣ Learn it: Every loss has a lesson—find it before you hunt your next trade.
3️⃣ Share it: Your story could save someone else from making the same mistake.
4️⃣ Build from it: Bear markets don’t just hurt—they hone.
Even JPMorgan agrees: Investors who face losses early tend to perform better long-term. Think of it as tuition at the University of Hard Knocks, Crypto Edition.
A Final Word
Everyone in crypto has their “I wish I had…” story. Yours will just be cooler than, “I wish I’d bought Bitcoin in 2013.”
So, welcome to the club. Meetings happen every dip—BYOC (Bring Your Own Copium). The question isn’t if you’ll lose in crypto—it’s what you’ll learn when you do.
#BuytheDip
Ah, crypto—the place where dreams of Lambos turn into lessons in humility. If you’ve just watched your portfolio nosedive harder than a meme coin rug-pull, congrats! You’ve officially joined the ranks of seasoned traders—battle scars and all.
Feeling alone? Don’t. Studies show 70% of crypto traders lose money in their first year. And the other 30%? They’re probably still holding bags from 2021, just quieter about it.
Let’s Get Real: What They Don’t Tweet About
That sinking feeling when you buy the “dip”… and it keeps dipping 🕳️The midnight FOMO that turns into a morning facepalm 🤦
Realizing “diamond hands” is way harder than it sounds 💎✋
When your “research” is mostly YouTube hype videos 🎥
Losing in Crypto: The Unfiltered Truth
• It’s not just your wallet—it’s your ego that takes the hit. Nothing stings like a leveraged wipeout.
• Your first loss? Call it crypto kindergarten—painful, yes, but oh-so educational.
• Those “10x gains” stories? They skip the sleepless nights and panic-selling chapters.
Turning Losses Into Lessons 💡
Want to make that L count? Here’s how:
1️⃣ Own it: Screenshot that red portfolio. Trust us, future you will laugh (someday).
2️⃣ Learn it: Every loss has a lesson—find it before you hunt your next trade.
3️⃣ Share it: Your story could save someone else from making the same mistake.
4️⃣ Build from it: Bear markets don’t just hurt—they hone.
Even JPMorgan agrees: Investors who face losses early tend to perform better long-term. Think of it as tuition at the University of Hard Knocks, Crypto Edition.
A Final Word
Everyone in crypto has their “I wish I had…” story. Yours will just be cooler than, “I wish I’d bought Bitcoin in 2013.”
So, welcome to the club. Meetings happen every dip—BYOC (Bring Your Own Copium). The question isn’t if you’ll lose in crypto—it’s what you’ll learn when you do.
#BuytheDip
🔥 BREAKING: U.S. Government Gets Court Approval to Sell $6.5 Billion in Bitcoin
Wondering why Bitcoin is dipping? Here’s the scoop:
The U.S. government just received the green light to sell 69,370 BTC seized from Silk Road, the Bitfinex hack, and James Zhong. This stash is valued at $6.5 billion.
But does this mean Bitcoin is doomed? Let’s break it down:
1️⃣ Will This Crash Bitcoin?
No. The market is overreacting.
This sale isn’t sudden or unexpected.The government’s BTC holdings were already priced in—it’s not a surprise event.
2️⃣ Will the U.S. Sell Now?
The incoming Trump administration has pledged not to sell BTC and even floated the idea of a Strategic Bitcoin Reserve.However, the current administration seems eager to liquidate before January 20.It’s a race against time.
3️⃣ Trump’s Strategy: Bold or Bluff?
Trump told Bitcoiners: “Never sell your Bitcoin.”But will these seized reserves ever become part of a national Bitcoin strategy? Unlikely.Holding such reserves is politically risky and operationally complex.
4️⃣ Were the BTC Already Sold?
Some speculate the government pre-sold these BTC via a credit line from Coinbase.Here’s why that’s false:No one would pay a premium for $6.5 billion worth of Bitcoin through a credit line.That’s not how the market operates.
5️⃣ From a Trader’s Lens
As someone who’s traded at a Swiss hedge fund and built a crypto market maker, I can tell you this:
This isn’t about Bitcoin’s fundamentals—it’s short-term noise amplified by the media.Long-term holders know:U.S. selling BTC doesn’t kill Bitcoin.If anything, it highlights Bitcoin’s resilience.
The Bigger Picture
Let’s be clear:
✅ The seized BTC weren’t pre-sold.
✅ This sale doesn’t mark Bitcoin’s downfall.
✅ Bitcoin’s long-term story remains rock solid.
What’s your take?
Does this news impact Bitcoin’s trajectory? Let me know your thoughts! 🧠
#BTC #USBTC
Wondering why Bitcoin is dipping? Here’s the scoop:
The U.S. government just received the green light to sell 69,370 BTC seized from Silk Road, the Bitfinex hack, and James Zhong. This stash is valued at $6.5 billion.
But does this mean Bitcoin is doomed? Let’s break it down:
1️⃣ Will This Crash Bitcoin?
No. The market is overreacting.
This sale isn’t sudden or unexpected.The government’s BTC holdings were already priced in—it’s not a surprise event.
2️⃣ Will the U.S. Sell Now?
The incoming Trump administration has pledged not to sell BTC and even floated the idea of a Strategic Bitcoin Reserve.However, the current administration seems eager to liquidate before January 20.It’s a race against time.
3️⃣ Trump’s Strategy: Bold or Bluff?
Trump told Bitcoiners: “Never sell your Bitcoin.”But will these seized reserves ever become part of a national Bitcoin strategy? Unlikely.Holding such reserves is politically risky and operationally complex.
4️⃣ Were the BTC Already Sold?
Some speculate the government pre-sold these BTC via a credit line from Coinbase.Here’s why that’s false:No one would pay a premium for $6.5 billion worth of Bitcoin through a credit line.That’s not how the market operates.
5️⃣ From a Trader’s Lens
As someone who’s traded at a Swiss hedge fund and built a crypto market maker, I can tell you this:
This isn’t about Bitcoin’s fundamentals—it’s short-term noise amplified by the media.Long-term holders know:U.S. selling BTC doesn’t kill Bitcoin.If anything, it highlights Bitcoin’s resilience.
The Bigger Picture
Let’s be clear:
✅ The seized BTC weren’t pre-sold.
✅ This sale doesn’t mark Bitcoin’s downfall.
✅ Bitcoin’s long-term story remains rock solid.
What’s your take?
Does this news impact Bitcoin’s trajectory? Let me know your thoughts! 🧠
#BTC #USBTC
If You Bought ICP at Launch, You're Down 98.5% 📉
The Internet Computer (ICP) token, launched on May 10, 2021, made a dramatic entrance by reaching an all-time high (ATH) of ~$750 on the same day. However, its journey since then has been a sharp downward spiral, losing a staggering 98.5% of its value.
🔍 Current Status:
Despite this massive drop, ICP remains the 29th largest cryptocurrency by market cap, boasting a $5.5B fully diluted valuation (FDV).At $750 per token, its FDV was close to $400B—comparable to Ethereum’s FDV today—but with no track record or substantial delivery at the time, only promises for the future.
📊 Performance Metrics:
ICP generated $6.2M in fees last year, giving it an astronomical P/F ratio north of 30,000x.However, fees have picked up notably since September 2024, and the 30-day ratio now looks slightly more reasonable.
Key Takeaways:
1️⃣ VC Exit Liquidity: ICP’s launch was a textbook case of a VC-backed token introduced at an inflated valuation, leaving retail investors as exit liquidity.
2️⃣ Still Overvalued?: Even after nearly four years, a 98.5% price drop, and amidst a bull market, ICP’s valuation continues to raise eyebrows.
Sources: CoinMarketCap, TokenTerminal
The Internet Computer (ICP) token, launched on May 10, 2021, made a dramatic entrance by reaching an all-time high (ATH) of ~$750 on the same day. However, its journey since then has been a sharp downward spiral, losing a staggering 98.5% of its value.
🔍 Current Status:
Despite this massive drop, ICP remains the 29th largest cryptocurrency by market cap, boasting a $5.5B fully diluted valuation (FDV).At $750 per token, its FDV was close to $400B—comparable to Ethereum’s FDV today—but with no track record or substantial delivery at the time, only promises for the future.
📊 Performance Metrics:
ICP generated $6.2M in fees last year, giving it an astronomical P/F ratio north of 30,000x.However, fees have picked up notably since September 2024, and the 30-day ratio now looks slightly more reasonable.
Key Takeaways:
1️⃣ VC Exit Liquidity: ICP’s launch was a textbook case of a VC-backed token introduced at an inflated valuation, leaving retail investors as exit liquidity.
2️⃣ Still Overvalued?: Even after nearly four years, a 98.5% price drop, and amidst a bull market, ICP’s valuation continues to raise eyebrows.
Sources: CoinMarketCap, TokenTerminal
Stripe just made waves by acquiring Stablecoin Fintech Bridge for a whopping $1.1B—its largest acquisition to date.
And here’s the kicker: it’s also the biggest acquisition in crypto history.
Even crazier? This comes just one month after Stripe brought back crypto payments after a 6-year break.
With $3.2T worth of stablecoins moving monthly, Stripe is ready to claim its slice of the pie.
What's that saying? Be so good they can’t ignore you?
Well, looks like Stripe’s doing just that.
Follow me for your daily dose of crypto and fintech insights!
#Strip #October #BTC #stablecoins
And here’s the kicker: it’s also the biggest acquisition in crypto history.
Even crazier? This comes just one month after Stripe brought back crypto payments after a 6-year break.
With $3.2T worth of stablecoins moving monthly, Stripe is ready to claim its slice of the pie.
What's that saying? Be so good they can’t ignore you?
Well, looks like Stripe’s doing just that.
Follow me for your daily dose of crypto and fintech insights!
#Strip #October #BTC #stablecoins
El Salvador's Bitcoin Gamble: Not Quite Paying Off? 🪙
It’s been over two years since El Salvador went all-in on Bitcoin, making it legal tender. But according to a new survey by Francisco Gavidia University, things aren’t looking so bright for BTC adoption.
Here are the key takeaways:
1️⃣ Only 7.5% of people use Bitcoin for transactions.
2️⃣ A whopping 92% admit they don’t use it at all.
3️⃣ Just 1.3% see Bitcoin as a key part of El Salvador’s future.
Despite this, 58% still feel confident in the country’s direction under President Nayib Bukele. 📊
Back in 2023, a similar survey revealed that 88% of people weren’t using Bitcoin—and the numbers seem to be sliding further.
Is Bitcoin in El Salvador on shaky ground? 🤔
#Bitcoin #ElSalvador #CryptoNews #BTC
It’s been over two years since El Salvador went all-in on Bitcoin, making it legal tender. But according to a new survey by Francisco Gavidia University, things aren’t looking so bright for BTC adoption.
Here are the key takeaways:
1️⃣ Only 7.5% of people use Bitcoin for transactions.
2️⃣ A whopping 92% admit they don’t use it at all.
3️⃣ Just 1.3% see Bitcoin as a key part of El Salvador’s future.
Despite this, 58% still feel confident in the country’s direction under President Nayib Bukele. 📊
Back in 2023, a similar survey revealed that 88% of people weren’t using Bitcoin—and the numbers seem to be sliding further.
Is Bitcoin in El Salvador on shaky ground? 🤔
#Bitcoin #ElSalvador #CryptoNews #BTC
🚨 Bitcoin vs. The Magnificent 7 💻📈
While Bitcoin's been flexing its crypto muscles, it’s getting totally upstaged by the real showstoppers—Apple, Amazon, Tesla, and the rest of the "Magnificent Seven" tech giants! 🤯💥 These stocks are making gains like it's their job (well, it kinda is) while Bitcoin’s like... “Hey, what about me?!” 🪙👀
Will Bitcoin make a comeback or is it forever stuck in tech’s shadow? 🤔 Only time will tell, but for now, it looks like crypto’s got a bit of tech envy!
#Bitcoin #TechStocks #CryptoVsTech #MagnificentSeven #MarketWatchMay2024
While Bitcoin's been flexing its crypto muscles, it’s getting totally upstaged by the real showstoppers—Apple, Amazon, Tesla, and the rest of the "Magnificent Seven" tech giants! 🤯💥 These stocks are making gains like it's their job (well, it kinda is) while Bitcoin’s like... “Hey, what about me?!” 🪙👀
Will Bitcoin make a comeback or is it forever stuck in tech’s shadow? 🤔 Only time will tell, but for now, it looks like crypto’s got a bit of tech envy!
#Bitcoin #TechStocks #CryptoVsTech #MagnificentSeven #MarketWatchMay2024
With only 3 weeks left before the American presidential election, Donald Trump is mixing politics and crypto like never before! 🚨
While he's favored to win against Kamala Harris, Trump is pushing his Shtcoin* project, telling his 100M X followers they'll soon be able to invest in his DeFi token 💰.
This mix of genres could get even messier if he takes the White House in November 2024 🏛️. What's really interesting? 🤔 None of the so-called Bitcoiners who cheered him on at the Bitcoin Conference in Nashville are calling him out. Despite never really caring about Bitcoin, he’s using it for financial and electoral gain 📈.
Trump and Harris aren't the solution to the system’s problems—Bitcoin is 🔥. But true change lies outside of the current system.
#Bitcoin #BTC #DonaldTrump #PoliticsIsBullshit #AmericanLegend
While he's favored to win against Kamala Harris, Trump is pushing his Shtcoin* project, telling his 100M X followers they'll soon be able to invest in his DeFi token 💰.
This mix of genres could get even messier if he takes the White House in November 2024 🏛️. What's really interesting? 🤔 None of the so-called Bitcoiners who cheered him on at the Bitcoin Conference in Nashville are calling him out. Despite never really caring about Bitcoin, he’s using it for financial and electoral gain 📈.
Trump and Harris aren't the solution to the system’s problems—Bitcoin is 🔥. But true change lies outside of the current system.
#Bitcoin #BTC #DonaldTrump #PoliticsIsBullshit #AmericanLegend
Understanding Tokens in Crypto: The Product Paradigm
In the crypto space, the token often represents the product, but it’s not the only way to operate. Here’s a breakdown of how products and tokens interact in this ecosystem.
Tokens Are Not Always Necessary
Yes, it is entirely possible to offer products and services in crypto without a native token. You can successfully run an exchange, a blockchain, or a DeFi platform without one.
👉 For example, Coinbase still operates without a native token.
👉 Uniswap was launched and functioned for a period without a native token.
In fact, many products in the crypto space don’t even require a token to thrive!
Tokens Without Products
Conversely, it's also feasible to issue a token without a corresponding product.
👉 Meme tokens perfectly illustrate this concept, as they often lack substantial backing.
Two Products in One Launch
So, while the token can be a product, it’s essential to understand that it’s not the only product. When you launch a crypto project with a token, you're essentially launching two products:
The Actual ProductThe Token
The Speculative Nature of Crypto
Why is this distinction vital? Because the crypto space is predominantly a speculative environment. Recognizing this can significantly impact how you approach launching a crypto project.
In summary, remember: while tokens can serve as products, they’re part of a broader ecosystem where both the actual product and the token play crucial roles. 🚀
#Crypto #Tokens #DeFi #Blockchain #Coinbase
In the crypto space, the token often represents the product, but it’s not the only way to operate. Here’s a breakdown of how products and tokens interact in this ecosystem.
Tokens Are Not Always Necessary
Yes, it is entirely possible to offer products and services in crypto without a native token. You can successfully run an exchange, a blockchain, or a DeFi platform without one.
👉 For example, Coinbase still operates without a native token.
👉 Uniswap was launched and functioned for a period without a native token.
In fact, many products in the crypto space don’t even require a token to thrive!
Tokens Without Products
Conversely, it's also feasible to issue a token without a corresponding product.
👉 Meme tokens perfectly illustrate this concept, as they often lack substantial backing.
Two Products in One Launch
So, while the token can be a product, it’s essential to understand that it’s not the only product. When you launch a crypto project with a token, you're essentially launching two products:
The Actual ProductThe Token
The Speculative Nature of Crypto
Why is this distinction vital? Because the crypto space is predominantly a speculative environment. Recognizing this can significantly impact how you approach launching a crypto project.
In summary, remember: while tokens can serve as products, they’re part of a broader ecosystem where both the actual product and the token play crucial roles. 🚀
#Crypto #Tokens #DeFi #Blockchain #Coinbase
🔥 Breaking News! 🔥
The UAE just made a massive move by removing Value Added Tax (VAT) on all crypto transactions! 💸 This positions the nation as a global leader in crypto adoption.
Here are the key highlights of this game-changing update:
→ Retroactive VAT Exemption
Applies to all crypto transactions since Jan 1, 2018, allowing businesses to adjust filings and recover previously paid VAT.
→ Dual Registration for VASPs
Enhanced compliance with dual registration under SCA and VARA in Dubai, boosting transparency.
→ Crypto Ad Disclaimers ⚠️
New rules require disclaimers on crypto ads, highlighting investment risks to protect investors from volatility.
This is a killer move by the UAE! 🔥 Not only will it solidify the country as a global crypto and financial hub, but it’s a win for businesses of all sizes:
💰 Cost Savings: Reduced tax burdens for virtual assets
💡 Retroactive Relief: Recover VAT since 2018
🌍 Crypto-Friendly Climate: Making it easier for crypto companies to operate in a compliant way
With these updates, the UAE is set to attract more investments and innovation in the crypto space. 🚀
P.S. Is the UAE becoming the ultimate crypto haven? 🏆
#CryptoNews #UAE #CryptoAdoption #VAT
The UAE just made a massive move by removing Value Added Tax (VAT) on all crypto transactions! 💸 This positions the nation as a global leader in crypto adoption.
Here are the key highlights of this game-changing update:
→ Retroactive VAT Exemption
Applies to all crypto transactions since Jan 1, 2018, allowing businesses to adjust filings and recover previously paid VAT.
→ Dual Registration for VASPs
Enhanced compliance with dual registration under SCA and VARA in Dubai, boosting transparency.
→ Crypto Ad Disclaimers ⚠️
New rules require disclaimers on crypto ads, highlighting investment risks to protect investors from volatility.
This is a killer move by the UAE! 🔥 Not only will it solidify the country as a global crypto and financial hub, but it’s a win for businesses of all sizes:
💰 Cost Savings: Reduced tax burdens for virtual assets
💡 Retroactive Relief: Recover VAT since 2018
🌍 Crypto-Friendly Climate: Making it easier for crypto companies to operate in a compliant way
With these updates, the UAE is set to attract more investments and innovation in the crypto space. 🚀
P.S. Is the UAE becoming the ultimate crypto haven? 🏆
#CryptoNews #UAE #CryptoAdoption #VAT
💥 Breaking News! 💥
U.S. prosecutors are pushing for an 18-month prison sentence for Heather Morgan, aka “Razzlekhan,” for her involvement in laundering 120,000 Bitcoin stolen during the infamous 2016 Bitfinex hack. 🪙
In a filing on Oct. 9, they recommended a reduced sentence due to Morgan’s “substantial assistance” in her and husband Ilya Lichtenstein’s plea deal back in July 2023. Prosecutors emphasized that Morgan played a smaller role compared to Lichtenstein and used only a small portion of the stolen funds, which justifies their call for leniency. ⚖️
#CryptoNews #Bitcoin #Bitfinex. #Razzlekhan #LegalNews
U.S. prosecutors are pushing for an 18-month prison sentence for Heather Morgan, aka “Razzlekhan,” for her involvement in laundering 120,000 Bitcoin stolen during the infamous 2016 Bitfinex hack. 🪙
In a filing on Oct. 9, they recommended a reduced sentence due to Morgan’s “substantial assistance” in her and husband Ilya Lichtenstein’s plea deal back in July 2023. Prosecutors emphasized that Morgan played a smaller role compared to Lichtenstein and used only a small portion of the stolen funds, which justifies their call for leniency. ⚖️
#CryptoNews #Bitcoin #Bitfinex. #Razzlekhan #LegalNews
4H TF
Short
$THETA
Targets:
$1.2002- 1.1808
StopLoss: $1.2550
Leverage: 5-10
DYOR and Stay Vigilant
#DYOR #THETA #thetafuel
Short
$THETA
Targets:
$1.2002- 1.1808
StopLoss: $1.2550
Leverage: 5-10
DYOR and Stay Vigilant
#DYOR #THETA #thetafuel
Bitcoin Update: A Dip Below $50K May Be Temporary Before a Bullish Comeback
According to analyst Cole Garner, Bitcoin could experience a brief dip below $50K due to short-term liquidity issues. However, the overall bullish market outlook remains intact, hinting at a strong recovery after the downturn.
What’s your next move?
🐳 - Hold steady
❤️ - Sell
🔥 - Wait it out
⚡️ - Buy the Dip, and stack up if it drops below $50K!
#BTC #Uptober #Fall
According to analyst Cole Garner, Bitcoin could experience a brief dip below $50K due to short-term liquidity issues. However, the overall bullish market outlook remains intact, hinting at a strong recovery after the downturn.
What’s your next move?
🐳 - Hold steady
❤️ - Sell
🔥 - Wait it out
⚡️ - Buy the Dip, and stack up if it drops below $50K!
#BTC #Uptober #Fall