DMCC and South Korea Join Forces to Launch Web3 Hub In Dubai

• Dubai Free Trade Zone DMCC has collaborated with South Korean Web3 companies to promote itself as a global center for decentralized technology.
• The agreements were made after roadshows in several cities throughout Korea, and the zone will facilitate the formation of Korean Web3 and metaverse enterprises inside its borders.
• Dubai established a metaverse task committee in May 2022, and it expects the industry to contribute $4 billion to its economy by 2030.

Dubai Free Trade Zone DMCC Collaborates With South Korean Web3 Firms

The Dubai Multi Commodities Centre (DMCC), one of the largest free trade zones in the area, has formed a number of collaborations with organizations based in South Korea. The emirate-owned zone signed these agreements after holding roadshows in several cities throughout Korea, such as with the Korea Blockchain Industry Promotion Association (KBIPA) and Seongnam City.

Facilitating Formation of Enterprises

As part of these agreements, DMCC will facilitate the formation of Korean Web3 and metaverse enterprises inside its borders. This is part of Dubai’s efforts to expand its presence in the Web3 sector and become a global center for decentralized technology.

Creating Metaverse Plan for Economic Growth

In order to encourage development of a metaverse-based local economy, Dubai established a metaverse task committee in May 2022. In July 2021, they created their own metaverse plan which anticipates that this industry will contribute $4 billion to their economy by 2030 and generate 40,000 new employment opportunities by 2025.

Moving Administrative Operations To Metaverse

It was reported last July that Dubai’s government was looking at moving some of its administrative operations to the metaverse; where agencies and departments might carry out their work more efficiently within a digital environment.

Physical NFT Store Opens At Extravagant Mall

Recently opening at one of Dubai’s most extravagant malls is physical NFT store ftNFT; this further emphasizes how serious they are about becoming a global hub for decentralized technology businesses and services.

USDC Depeg: Crypto Winter Worsens, Will the Sector Survive?

• The second largest stablecoin USD Coin (USDC) depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank.
• The U.S. government’s coordinated plan to asphyxiate the digital asset ecosystem continues apace, leading exchanges such as Binance and Coinbase have temporarily suspended USDC conversions.
• This ongoing USDC turmoil alarms investors about the hidden threats that might follow and according to CoinMarketCap, at the time of writing, USDC traded at $0.9139.

USDC Depegging From Its $1 Parity

The second largest stablecoin USD Coin (USDC) has depegged from its $1 parity owing to the shutdown of the US banking giant Silicon Valley Bank on Friday. The failure of this largest bank is registered as the worst banking crash since the 2008 financial crisis. The custom of crypto firms depositing their asset reserves in regulated banking systems is entitled to hidden threats which was evidently proven via recent bank-related crypto crashes where several crypto firms were exposed to preceding Silvergate collapse and tagged with corresponding losses. Markedly, Silicon Valley Bank’s failure has trapped Circle and its stablecoin USDC in a terrible torpedo. A lawyer cum crypto-enthusiast MetaLawMan scrutinized US regulators for being the collapse’s initiator in shadow and pointed out Signature Bank as next target.

Deja Vu To USTC Crash?

This ongoing USDC turmoil alarms investors about hidden threats that might follow after depegging slows down relief would be generated amid crypto space but both cases share zero to minimal similarities while it’s pegged to centralized dollar (USD), whereas Terra’s algo-stablecoin USTC was pegged to its sister token LUNC according to CoinMarketCap at time of writing, USDC traded at $0.9139 & hit all-time low of $0.8774 & other stablecoins such as Binance USD (BUSD), Dai (DAI), and USDD have sunk below $1 due to depegging of USDC, leading exchanges such as Binance & Coinbase have temporarily suspended conversions creating domino effect in market cap crashing down over 14% in last 24 hours also Tether (USDT) hovers & clings onto its 1 peg signalling no threat yet!

U.S Government Asphyxiating Digital Asset Ecosystem?

The U.S government’s coordinated plan is said by MetaLawMan on Twitter may be responsible for this chaos trying asphyxiate digital asset ecosystem continuing apace with SilverGate Bank & SVB failure trapping Circle & its stablecoin Usdc with many major players in crypto like exchanges, miners, hedge funds etc shifting liquidity over signature bank being targeted by U.S govt next if proved correct could cause further ripples across industry due lack regulation making process uncertain for participants causing more harm than good sparking fears among investors about what else can come up ahead!

Precautionary Remedies Taken By Exchanges

As precautionary remedy few exchanges such as Binance & Coinbase are taking preventive steps suspending Usdc conversion until situation normalizes restoring trust among users although suspension period not declared yet it’s expected won’t take long before going live again ensuring safety measures taken so far help stabilize market soon enough!

Conclusion

Crypto winter has already taken toll on entire sector with banks failing one after another scaring off investors who fear hidden risks associated involving deposits made into them thus hindering growth prospects even more however still some light seen end tunnel when us govt overseeing situation trying regulate things better with exchanges taking proactive measures survive through this economic downturn soon enough!

Bitcoin NFTs to Reach $4.5B Market Cap By 2025

• Bitcoin NFTs may reach an estimated market cap of $4.5 billion by the year 2025.
• Ethereum and Solana have been leading the field of NFTs with the launch of Ordinal at the start of this year.
• A comparison between Bitcoin and Ethereum NFTs has been made in order to understand their differences better.

Bitcoin NFTs to Gain an Average $4.5 Billion Market Cap

Current Market State

The recent talks about Bitcoin NFTs have gained massive attention post-launch of Ordinal at the start of this year, resulting in customers migrating from existing marketplaces to new ones such as Opensea. Moreover, more than 200K inscriptions have already been minted on NFT blockchains like Ethereum and Solana within just 3 months. The recent announcement from Yuga Labs named “TwelveFold” is also a major hit for the NFT marketplaces.

Bitcoin vs Ethereum NFTs

The introduction of Non-Fungible Tokens (NFT) on Bitcoin goes way back to 2012 when Namecoin was minted first on Bitcoin blockchain followed by many other projects that started offering similar services ever since then. According to Galaxy Research, if the market remains in a bull phase, it is estimated that Bitcoin NFTs can reach up to a maximum market cap value worth 10 billion dollars while if it reaches its worst case scenario then it will be valued 1.5 billion dollars only by March 2025 – making 4.5 billion dollars as neutral estimation for its future market state till March 2025.

Arguments Regarding Network Stability & Transaction Fees

The crypto community is divided into two opinions regarding this matter; one group believes that an increase in activities would maintain network stability but others are concerned that too many transactions would cause gas fees to rise which could make it difficult for small scale transactors to handle them efficiently due to overheads costs involved in each transaction fee payment .

Conclusion

Overall, with increasing popularity and usage of bitcoin based tokens and inscriptions, we can expect its reachable potential value reaching up to 10 billion dollars by bull phase or even 1.5 billion dollars during bearish markets eventually leading towards 4.5 billion dollar worth market cap soon enough before mid-2025 according to Galaxy research findings .

Shiba Inu (SHIB) Price Soars: Will It Hit $0.00005 in 2023?

• Shiba Inu (SHIB) was launched on the Ethereum blockchain and Binance Smart Chain (BSC).
• SHIB holds the 15th position on CoinGecko.
• According to a technical analysis, SHIB price might reach $0.00005 soon.

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a popular memecoin developed and launched in 2020 by a pseudonymous founder Ryoshi. It resides on both the Ethereum blockchain and Binance Smart Chain (BSC). It is also known as the DOGE killer due to its potential of being a contender to the most popular memecoin, Dogecoin (DOGE).

Current Market Status

Currently, Shiba Inu holds the 15th position on CoinGecko with 24-hour trading volume of $295,420,150. The current price of SHIB is $0.00001253 and it has gone down by 4.2% in 24 hours. The all-time high for SHIB was recorded at $0.00008616 on Oct 28, 2021.

Price Prediction 2023

According to statistics, price patterns, RSI, RVOL and other information related to SHIB, it can be predicted that the Shiba Inu (SHIB) price might attain bullish predictions of anywhere between $0.00002031 – $0.00004355 in 2023 or even reach as far as hitting a 0.00$05 value soon . On the other hand there are bearish predictions which state that it may fall to 0$0001309 by 2023 end too . Currently , it is within a descending channel pattern where if it continues ,it might reach resistance levels of 0$0001567 , 0$0001947 & 0$0002838 respectively but if reversed then there are chances that it may go down to support levels of 0$00000955 & 0$00000787 respectively .

Support & Resistance Levels

The chart below shows the support & resistance levels of Shiba Inu (SHIB):

Support – $0.00001060 , $0.00000845 , $0.00000717
Resistance – $0..00001567 , $0..00001947 , $0..00002838  

Conclusion

Shiba Inu’s popularity has been growing since its launch and its market cap stands at over 6 billion USD currently making it one of top 25 cryptocurrencies . With proper technical analysis & understanding key market metrics such as RSI & RVOL we can predict that SHIB will likely hit an estimated value of up to 0$005 before 2022 ends however bearish predictions cannot be negated completely as well .

Koinbazar Rebrands to KoinBX: Global Crypto Exchange for Trading & Investing

• Koinbazar, a global crypto exchange, is rebranding to “KoinBX” on February 19, 2023.
• The new look of the platform is meant to reflect upcoming features and create a new identity.
• KoinBX will provide top-notch service with commitment to its users in order to overcome concerns faced by traditional crypto traders.

KionBazar Rebrands To KoinBX

Koinbazar, a global cryptocurrency exchange where traders can buy, sell, and trade cryptocurrencies in an authentic, reliable and encrypted class of system is undergoing a major rebranding. On February 19th 2023 the project will be rebranded to “KoinBX” in order to facilitate entry of crypto projects and traders into the platform while also creating a new identity for the platform.

Commitment To Users

The team at KoinBX has committed themselves to provide their users with top-notch quality services with heartfelt commitment from all around the world. As a centralized exchange, security protocols have been integrated into the system in order to guarantee safety and security for all users’ data and funds.

Fraud Check & Regulatory Compliance

In order for KoinBX to accomplish anything they must respect regulatory compliance as well as safeguard customers’ interests through proper fraud check procedures. Through this process KoinBX promises not to let any promising Crypto startup fade out while also being ready onboard millions of users worldwide into Crypto through its revamped platform.

New Features

While there are billions of people in the world utilizing different Cryptocurrencies and exchanges, KoinBX will be introducing many new features such as improved user interface design and enhanced trading experience that were not available with traditional exchanges priorly.

Conclusion

Koinbazar has now undergone their rebranding process which was done so that they may better serve their users by providing them with great quality services as well as safe trading experiences without compromising customer interests or regulatory compliance standards set forth by law enforcement agencies worldwide

Binance Adjusts Tron (TRX) Network Fees: 15 TRX for Withdrawals

• Binance will adjust the TRON Network Withdrawal Fees in accordance with the most recent proposal accepted by the TRX community to switch the energy charging system to a dynamic energy model.
• The withdrawal fees have been increased from 1 to 2.6 units for USDT /USDC /TUSD and 0.8 BUSD to 2.2 BUSD for Binance stable coin, while 15 TRX instead of 1 TRX is required for TRX withdrawal.
• Prior to this, Binance wallet maintenance was done on the Tron Network (TRX) which took about two hours.

Binance Adjusts Tron (TRX) Network Withdrawal Fees

Binance recently announced an adjustment in withdrawal fees on its Tron Network (TRX). This change follows proposal 83 that was approved by the TRX community in order to switch from an energy charging system to a dynamic energy model.

Changes To Different Assets

The new fee structure applies differently to different assets: USDT /USDC /TUSD withdrawal fees have been increased from 1 unit to 2.6 units, while the charges for withdrawing Binance stablecoins have been changed from 0.8 BUSD to 2.2 BUSD. For TRX withdrawals, users must now pay 15 TRX instead of just 1 TRX previously.

Dynamic Energy Model Explained

The dynamic energy model is a strategy put out by the community which adjusts future contract energy use based on current usage or TIP-491 – avoiding excessive network resources being concentrated on few contracts and making resource allocation more reasonable across chains over time.

Prior Wallet Maintenance On Tron Network

Before these changes were implemented, there was a wallet maintenance for Tron Network (TRX) which took about two hours and allowed users to access their funds after it was completed successfully .

Conclusion

The new changes are expected improve user experience on the platform as well as ensure better management of resources available on the chain and optimize overall performance of transactions going forward

Tesla Keeps Faith in Crypto Market, Holds onto Bitcoin Reserves

• Tesla has held on to its Bitcoin holdings despite the crypto market collapse.
• Tesla’s overall earnings and revenue have exceeded expectations.
• A filing revealed by the Securities and Exchange Commission (SEC) placed Tesla’s BTC holdings at around $245 million.

Tesla has been able to hold on to its Bitcoin holdings despite the crypto market collapse and gloomy news that has been drowning the crypto environment. The firm’s overall earnings and revenue have also exceeded expectations, with TSLA stock surging today and increasing by thirteen percent over the past five days. This was a result of Chief Executive Officer Elon Musk announcing that the firm could possibly deliver two million Tesla this year. A filing revealed by the Securities and Exchange Commission (SEC) placed Tesla’s BTC holdings at around $245 million, which would be the remaining twenty-five percent of all the Bitcoin bought by the firm during the crypto bull run of 2021.

Tesla has been prudent in managing its Bitcoin holdings, not selling the excess reserve even when it was expected that they would part with some of their crypto during the fourth quarter of 2022. This indicates that the firm still has faith in the crypto market, despite the current slump. They have also been able to maintain a healthy level of liquidity, as their balance sheet continues to show positive figures.

The crypto market has been in a slump for the past few months, with many experts predicting that the bear market will continue for some time. However, Tesla’s decision to hold on to its Bitcoin holdings indicates that they have faith in the long-term prospects of the crypto market. This could be a sign that the crypto market will eventually recover, and Tesla’s decision to hold on to its Bitcoin reserves could pay off in the long run.

Tesla’s decision to maintain its Bitcoin holdings could be seen as a wise move, as it gives them the flexibility to take advantage of the crypto market when it eventually recovers. This could be beneficial for the firm, as they could potentially capitalize on any sudden surge in the crypto market. Additionally, Tesla’s decision to hold on to their Bitcoin reserves could be seen as a sign of confidence in the future of the crypto market, which could be encouraging for other investors.

In conclusion, Tesla’s decision to maintain its Bitcoin holdings despite the current crypto market slump could be seen as a sign of confidence in the long-term prospects of the crypto market. The firm’s decision to hold on to their Bitcoin reserves could also be beneficial for them in the long run, as they could potentially capitalize on any sudden surge in the crypto market.

Bitcoin Enters Early Bull Phase as Whales Accumulate Coins

• Bitcoin (BTC) continues to see more buying interest as the BTC price spikes above $23,000 once again.
• Altcoins such as Aptos led the rally, jumping by more than 40% in a day amid huge whale accumulation.
• CryptoQuant CEO Ki Young Ju noted that Bitcoin has entered an early bull phase, with most investors still underwater.

The world’s largest cryptocurrency Bitcoin (BTC) is once again making a move above $23,000 as more buying interest pours in. The crypto market has seen a surge in activity as whales accumulate coins and altcoins rally in the background. This has resulted in BTC surpassing the $23,000 mark once again, with a market cap of $443 billion.

Aptos was one of the altcoins leading the charge, jumping by more than 40% in a day amid huge whale accumulation. In addition, CryptoQuant CEO Ki Young Ju noted that Bitcoin has entered an early bull phase and that most investors are still underwater. He believes that the selling pressure is unlikely to resume since no one would want to sell at these levels at a loss. Furthermore, Ju noted that BTC whales have been holding their supplies strongly even during the current price pump.

Despite the early bull phase, Ju pointed out that Bitcoin still has contagion and macro risks, which could lead to bankruptcies, M&As, and capitulations in the next few months. However, the on-chain data indicates that whales have not been moving their Bitcoin holdings despite the recent price surge. This could indicate a long-term bullish view on the market, as whales are more likely to accumulate and hold their coins for the long term.

Overall, the Bitcoin market is showing strong signs of a bullish trend, with altcoins providing additional support. While there are still some risks to consider, the current price surge and whale accumulation indicate that Bitcoin is entering an early bull phase. As such, the crypto market could experience further price gains in the near future.

Ethereum’s London Hard Fork wird für Donnerstag erwartet

Glauben Sie, dass Ethereum sich über Nacht in einen deflationären Vermögenswert verwandeln wird? Nicht so schnell!

Ethereum’s London Hard Fork wird voraussichtlich am Donnerstag eintreffen

Der Londoner Upgrade von Ethereum wird voraussichtlich am Donnerstag aktiviert, so der Countdown auf Ethereum.org. “Das London-Upgrade wird voraussichtlich im August 2021 mit Block 12.965.000 auf Ethereum aktiviert”, heißt es auf Ethereum.org. Ethereum kaufen – Diese alternative Methode hat uns überzeugt! “Es wird EIP-1559 einführen, das den Markt für Transaktionsgebühren reformiert, zusammen mit Änderungen, wie Gasrückerstattungen gehandhabt werden, und dem Zeitplan für die Eiszeit.”

Ethereum Improvement Proposal 1559, oder EIP-1559, wird sich direkt darauf auswirken, wie das Netzwerk mit Transaktionsgebühren umgeht. In Zukunft wird jede Transaktion eine Grundgebühr verbrauchen, wodurch das zirkulierende Angebot des Vermögenswertes verringert wird und die Nutzer die Möglichkeit haben, ein Trinkgeld zu geben, um Anreize für schnellere Bestätigungen im Verhältnis zur Netzwerknachfrage zu schaffen. Die Londoner Abspaltung wird auch andere EIPs einführen, wie z.B. EIP-3541, wie die Ethereum Foundation in einem Blogpost Mitte Juli mitteilte.

Der Twitter-Nutzer korpi wies in einem Tweet am Montag auf eine Reihe bemerkenswerter Punkte bezüglich EIP-1559 hin.

“Worüber sich jeder aufregt, ist die Verbrennung von $ETH”, sagte korpi in dem Tweet-Thread, nachdem er eine Reihe anderer Punkte bezüglich des Ethereum-Upgrades diskutiert hatte. Korpi fügte hinzu:

“Nach EIP-1559 wird ein Teil der Transaktionsgebühr verbrannt und aus dem Verkehr gezogen. Aber das bedeutet nicht, dass ETH sofort zu einem deflationären Vermögenswert wird. Damit das passiert, muss die verbrannte ETH höher sein als die in Block Rewards ausgegebene ETH.”
Ethereums Londoner Hard Fork ist Teil der Ethereum 2.0-Reise, die letztendlich den Konsens-Algorithmus des Netzwerks von Proof-of-Work (PoW) zu Proof-of-Stake (PoS) ändern wird.

Bitcoin Circuit Erfahrungen & Test

Wer möchte Informationen erhalten, die beim Bitcoin-Handel die Marktrichtung im voraus anzeigen. Das mag für viele interessierte Anleger einfach unmöglich zu sein. Aber mit hochentwickelten Technologien und unter fortschrittlichen Algorithmen kann das durchaus möglich werden. Trader sollten demnach diese Möglichkeiten nutzen, um die aktuellsten Nachrichten aus dem Kryptowährungshandel zu erhalten. Der Bitcoin Circuit Trading-Bot stellt die Software bereit, mit der Anleger die gewinnbringenden Nachrichten verarbeiten können.
Wie unser Test ergeben hat, erhalten Anleger einen detaillierten Einblick in den Trading-Bot Bitcoin Circuit. Der Bot kann Anlegern helfen, Gewinne zu erzielen. Die Plattform ist erst seit jüngster Zeit auf dem Kryptomarkt bekannt und hat sich bereits die Aufmerksamkeit von vielen Anlegern gesichert.
Der nachfolgende Beitrag informiert umfassend wie der Bitcoin-Handel rentabel wird.

###Logo###

Was ist Bitcoin Circuit?

Gemeint ist damit eine Handelssoftware, die nicht nur die aktuellen Trends analysiert, sie kann auch entsprechende Vorhersagen bestimmen. Das Programm setzt sich aus globalen Nachrichten, Daten aus dem Internet als auch dem Finanzindex zusammen.
Der Trading-Bot wird die Daten so verarbeiten, dass Broker sie interpretieren können. Wird die Glaubwürdigkeit von einem Broker bestätigt, wird der Bot den Handel automatisch vornehmen. Die Software Bitcoin Circuit ist so aufgestellt, dass Anleger alle Möglichkeiten der Märkte nutzen können. Dieser Vorgang ist bedeutend schneller als der manuell durchgeführte Handelsprozess.

Features & Funktionsweise

###Kenzahlen###

Wer findet sich hinter Bitcoin Circuit?

John Meyers hat die Plattform aufgestellt. Er verfügt über umfassende Erfahrungen speziell im Finanz- und Kryptowährungshandel. Außerdem ist Bitcoin Circuit mit einem großen Netzwerk von seriösen und regulierten Brokern verbunden, die mit den innovativen Algorithmen gesammelte Daten analysieren und so den Anlegern einen bedeutenden Vorteil gegenüber anderen Anlegern verschaffen.

###3 Schritte###

Meinungen über Bitcoin Circuit

Obwohl die Software den Kryptohandel für mich sehr vereinfacht hat, konnte ich dem Programm nicht wirklich vertrauen. Jetzt habe ich schon so viel Geld verdient und dennoch habe ich die Technik dahinter nicht so wirklich verstanden. Da die Software alle Schritte für die Anleger abnimmt, musste ich nur etwa eine halbe Stunde am Tag mit dem Bot verbringen. Dabei prüfte ich lediglich mein Konto und gegebenenfalls die Einstellungen. Jetzt bin ich soweit, dass ich mein Einkommen sogar drastisch erhöhen konnte.

Vor- und Nachteile

Vorteile
Funktionen: Bitcoin Circuit bietet den Anlegern viele Funktionen, die Anleger ganz nach ihren Bedürfnissen anpassen können.
Genaue Handelssignale: Da die Signale eine sehr hohe Qualität haben, ist eine höhere Erfolgswahrscheinlichkeit möglich.
Erweitere Datenanalyse: Die Software agiert mit erweiterten Algorithmen, um so die Daten aus einem riesigen Pool von Online-Medien zu sammeln und zu analysieren.
Experten-Broker: Das Team aus versierten Brokern wird die gesammelten Daten analysieren und somit sicherstellen, dass die Signale die empfangen werden. auch zuverlässig sind.

Nachteile
Unbekanntes Team: Wer nun genau hinter Bitcoin Circuit steht, konnte nicht ermittelt werden. Das allerdings, so scheint es jedenfalls, hat keinen Einfluss auf die Leistung der Software.

Fazit:

Wie unser Test bewiesen hat, gibt es keinen Grund, an der Seriosität von Bitcoin Circuit Trading-Bot, zu zweifeln. Die Software wurde so konzipiert, um so auf dem Markt mit Erfolg zu traden.
Wer sich jetzt entschlossen hat um mit Kryptowährungen zu handeln, der kann sich bei Bitcoin Circuit anmelden.
Anleger können davon ausgehen, dass die Gewinne die Oberhand behalten, trotzdem kann es zu Verlusten kommen. Der Trading-Bot kann durchaus ein oder zwei negative Trades platzieren. Allerdings kann das aufgefangen werden, in dem Anleger die Einstellungen neu justieren.
Gerade Anfänger sollten zu Beginn des Handels nur kleinere Summen investieren. Am besten ist es, wenn zuerst mit dem kostenlosen Demo-Konto die Einstellungen geübt werden, bevor größere Summen eingesetzt werden.

Welches Bild zeigt Bitcoin Circuit vergleichsweise zu anderen Bots?

Bitcoin Circuit ist eine Software, die dem Anleger große Gewinne erzielt. Allerdings ist die Funktion des Bot etwas anders aufgestellt, als andere typischen Roboter. Auf jeden Fall aber schneidet sie besser ab als andere Mitbewerber.
Deshalb kann Bitcoin Circuit bedenkenlos von uns empfohlen werden.