BITBEXBANK GRAND WIN (BGW) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, Sep. 19, 2022 – LBank Exchange, a global digital asset trading platform, has listed BITBEXBANK GRAND WIN (BGW) on September 19, 2022. For all users of LBank Exchange, the BGW/USDT trading pair is now officially available for trading.

Utilizing the power of blockchain technology, BITBEXBANK GRAND WIN (BGW) functions as a payment method for the real economy through a stable platform of the payment system. Its native token BGW has been listed on LBank Exchange at 18:00 (UTC+8) on September 19, 2022, to further expand its global reach and help it achieve its vision.
Metacryp: A Fantastic Game-Fi Utility Project Building Community Momentum Like BNB And Uniswap

A massive fan base of meme token lovers, decentralized finance users, and new cryptocurrency adopters switch camps to Game-Fi and play-to-earn token projects as they see its earning potential.

Game-Fi token projects, such as Metacryp (MTCR), create exciting virtual realities and play-to-earn games in the Metaverse. An unlimited number of users are welcome to leverage the potential presented by the Metacryp (MTCR) Game-Fi project.
Crypto Strategist Justin Bennett Predicts Litecoin To Outperform Bitcoin, Issues Warning on Ethereum

A widely followed crypto trader is expressing positive sentiment toward Bitcoin (BTC) alternative Litecoin (LTC).

Crypto strategist Justin Bennett tells his 111,800 Twitter followers that he is bullish on Litecoin and expects the 14th-largest crypto asset by market cap to even outperform the king crypto.
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies

The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission is disappointing,” the Bahamian regulator stressed.

Bahamas Regulator and FTX Disagree on the Value of Seized Crypto AssetsThe Securities Commission of the Bahamas issued a statement Monday to “correct material misstatements” made by the new FTX CEO, John J. Ray III, regarding the value of the cryptocurrencies it seized from FTX. Ray represents U.S. FTX debtors in the crypto exchange’s bankruptcy filing (Chapter 11 Debtors).

The Bahamian regulator explained that on Dec. 30, 2022, FTX and Ray “publicly challenged the Commission’s calculations” of the value of the crypto assets transferred to its digital wallets on Nov. 12. According to the Commission, over $3.5 billion in cryptocurrencies were seized from FTX. However, Ray argued that the value of the digital assets transferred on that date was actually about $296 million.
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023

As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high prices via over-the-counter (OTC) trades. A clone of the popular NFT collection Cryptopunks, called Ordinal Punks, is selling for similar values to the original NFTs minted on Ethereum.

Ordinal Inscriptions Become Latest Sensation in NFT Market, Selling for High Prices on Over-the-Counter TradesOrdinal inscriptions are gaining popularity in 2023, with the number rising to more than 50,000. Just five days prior, there were only 7,000 inscriptions. As of 12:20 p.m. ET on Feb. 11, 2023, there are 57,179 inscriptions hosted on the Bitcoin blockchain. Additionally, several ordinal inscriptions have sold for substantial amounts in the past week, including a clone of the Cryptopunks NFT collection, known as Ordinal Punks.

Ordinal Punks are a collection of 100 generative punks that were minted within the first 650 inscriptions on the Bitcoin blockchain. Many new NFTs based on Bitcoin are being sold through over-the-counter (OTC) transactions, using a rudimentary pricing spreadsheet. Recently, Ordinal Punk #41 sold for 11.5 BTC, or $249,052. On Friday, the Ordinal Punks surpassed the floor values of Cryptopunks. While the trend of Ordinal inscriptions is still new, there is limited infrastructure in terms of markets and updated price metrics.
World’s first Irish Pub in the metaverse launches in The Sandbox

NFT Marketplace: https://www.sandbox.game/en/collections/the-shebeen-irish-pub/229/

The world’s first Web3 metaverse Irish pub, the Irish Shebeen, is launching in The Sandbox, a decentralized gaming virtual world, on March 17, St Patrick’s Day. It will be live for 12 days. People will be able to visit, undertake quests, mint NFTs, see local artists and find a treasure trove of Irish lore and fun.
Binance Swapped BUSD In $1 Billion SAFU Fund For TUSD And USDT Stablecoins

Summary:

Binance moved BUSD assets from its Secure Asset Fund for Users fund into two other stablecoins – TUSD and Tether USDT.The crypto exchange made the swap with crypto trust company Paxos can no longer mint new BUSD tokens due to regulatory enforcement action from federal and state regulators.SAFU’s insurance fund launched in 2018 was valued at $1 billion in January 2022 and now features BNB, BTC, TUSD, and USDT holdingsBinance swapped BUSD holdings in its Secure Asset Fund for Users (SAFU) fund to two other stablecoins, the crypto exchange announced on Friday. The BUSD held in SAFU was transferred into TUSD, an Ethereum-based stablecoin issued by the TrustToken platform, and Tether’s USDT.

Crypto’s largest centralized exchange made the swap to “ensure that assets in SAFU continue to protect users” in the long run since Paxos can no longer mint new BUSD coins and the token’s market cap will dwindle to zero over time.
Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace

PRESS RELEASE. Seattle, WA, April 19, 2023 — Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on blockchain-native data.

As a leader in intelligent computing and AI, Microsoft is committed to supporting its customers and partners with their business needs, including Web3 scenarios and use cases. In September 2022, Microsoft’s venture capital fund, M12, led a funding round for Space and Time. The one-click deployment of Space and Time on the Azure Marketplace provides developers with a trustless intermediary to quickly and easily onboard large volumes of enterprise data to smart contracts, as well as new use cases for indexed blockchain data.
Tradecurve Looks to Challenge Decentraland and Axie Infinity for Metaverse Crown

Axie Infinity and Decentraland are well-known in the crypto industry, and many perceive them as pretty reliable options. But this can quickly change as Tradecurve is here to make some waves. By offering various possibilities and setting big expectations, Tradecurve and its TCRV tokens prepare to make a huge revolution in the metaverse!

Decentraland Works Hard to Remain in GameDecentraland was quite successful at the beginning of this year when its MANA token managed to surpass its first resistance level. However, this bullish MANA run ended the previous month when Decentraland (MANA) tried to exceed the second resistance level and failed. 

As a result, the Decentraland (MANA) trading volume decreased, and since then, it has been trying to return to its bullish run.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Nearly 20 Countries Eyeing BRICS Membership, Some Even ‘Begging’ To Join: Russian Deputy Minister

Senior Russian diplomat Sergey Ryabkov says the line to get into BRICS is getting more and more competitive.

According to a report from Tass, a publication owned by the Russian government, Ryabkov says that nearly 20 countries are currently waiting to get into BRICS, the economic coalition currently made up of Brazil, Russia, India, China and South Africa.
Bitcoin Whales Make Up A Large Chunk Of Exchange Inflows, Reaching A New High Along The Way

Bitcoin (BTC) whales have recorded an uptick in trading activity in recent weeks, with short-term holders (STH) surprisingly at the fore. 

In its latest newsletter, “The Week On-Chain”, digital asset analytics firm Glassnode explained that since the price of BTC soared above $30,000 in June, there has been a slight shift among different levels of investors in Bitcoin.

Bitcoin whales exchange inflows hit a one-year high in July at 41%, following positive activity on the broader market. Observers have long noted that the actions of whales show an asset’s market health, leading to bulls understanding their ‘netflow to exchanges.’
The U.S. is Tracking Bitcoin Transactions of Mexican Cartels

The Department of Homeland Security is working hard to bring down the activities of drug cartels that are either entering or doing business in the U.S. To do this, it’s striving to track all the crypto and bitcoin cartels use to engage in transactions.

Cartels May Be Using BitcoinSuch cartels are trafficking several deadly drugs that ultimately make their way across the U.S.’s now non-existent border and wind up in the homes of Americans that become sick or dead from the substances. Among the most dangerous drugs being sold by the cartels is fentanyl, which has led to the deaths of hundreds of thousands of deaths in the nation.

Homeland Security is run by Secretary Alejandro Mayorkas, who is currently facing impeachment efforts from House republicans due to his lack of standing and safety procedures regarding the border. It’s odd that now, suddenly, after several years of not caring about the status of the border and letting immigrants flood their way into the U.S., he’s got a concerned face about what’s going on.
Max Keiser Predicts Bitcoin Astronomical Flight To $220,000 As “All Hell Breaks Loose”

Max Keiser, a well-known Bitcoin advocate and advisor to the president of El Salvador, has expressed an optimistic outlook for Bitcoin’s near-term trajectory.

Responding to a recent CNBC article titled “Signs of Disruption Emerge in Financial Markets,” which discussed a significant shift in the financial landscape from expectations of enduring low-interest rates to the anticipation of higher rates, Keiser took to Twitter on Thursday, stating, “As predicted: All hell breaking loose. Bitcoin $220,000 (short term) in play.” In a subsequent tweet, the 63-year-old noted, “Central banks will print a wall of money visible from outer space.”
October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC

Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over $24 million — in 86 separate transactions on October 4, 2023. Additionally, a wallet from 2013 sprung into action, transferring 500 BTC in just one transaction on the same day. Moreover, another 426 BTC from a 2012 wallet was shifted this week.

Dormant Bitcoin Whales Resurface, Transferring Tens of Millions of Dollars in BTCOld-school bitcoiners have been actively moving substantial bitcoin amounts in October 2023, as highlighted by btcparser.com. As we stepped into the month, following September’s flurry of old BTC transfers, the momentum of reawakening idle wallets hasn’t waned.

One of the week’s most captivating transactions involved a staggering 860 BTC — valued slightly above $24 million at current exchange rates — split amongst 86 distinct wallets. All these wallets, curiously, sprung to life nine years after their creation on January 3, 2014.
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow

On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend in consumer pricing.

Steady CPI in October Balances Shelter Rise Against Gasoline Drop; Markets and Crypto React With Mixed Sentiments
US Lawmaker Spotlights Crypto Bills Approved by House Committee This Year

U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from using taxpayer dollars on its abusive crypto enforcement tirade until Congress passes legislation giving the SEC jurisdiction over this industry.”

Crypto Bills Greenlighted by House Financial Services Committee in 2023U.S. Congressman Tom Emmer (R-MN) summarized the House Financial Services Committee’s achievements in 2023 on social media platform X last week. He emphasized that the committee “has moved more legislation in 2023 to boost our capital markets, welcome innovation, and hold unchecked regulators accountable than in previous years.”

The lawmaker proceeded to highlight various bills related to crypto legislation that were greenlighted by the committee during the year. “In July, we passed the Blockchain Regulatory Certainty Act out of Committee to streamline one of the largest barriers to entry in the digital asset space: money transmission regulation,” the congressman described.
DOJ Charges Founder and Top Promoters of Alleged $1,890,000,000 Crypto Ponzi Scheme That Promised High Returns

The U.S. Department of Justice (DOJ) has slapped three individuals with criminal charges related to their alleged involvement in a crypto pyramid scheme that looted $1.89 billion from victims.

Australian native Sam Lee allegedly co-founded “HyperFund,” an online investment platform that falsely claimed investors who purchased “memberships” would receive between 0.5% to 1% daily in passive rewards until the company either doubled or tripled their initial investment.
Option2Trade (O2T) v. Pepe – Is This Crypto The Only 500x Utility Token Competing with Memes?

The cryptocurrency market is undergoing fierce competition between meme tokens like Pepecoin (PEPE) and utility tokens like Option2Trade (O2T). O2T, a utility token, offers a 500x return and is a formidable contender in the market. This narrative explores how Option2Trade (O2T) stands out in a market filled with speculative assets and highlights the unique factors that set it apart from other meme-driven assets.
Curve Founder Michael Egorov Faced Liquidation Amid Weekend Altcoin Crash: Report

The founder of the decentralized finance (DeFi) protocol Curve (CRV) reportedly stared at the prospect of getting liquidated as the altcoin market collapsed during the weekend.

According to crypto reporter Colin Wu, Curve founder Michael Egorov faced liquidation in his lending positions after Curve’s native asset dipped to $0.42.