Bitcoin and large-cap altcoins are meeting strong overhead resistance, which could be a signal that bears are attempting to stall the next upward move.
Category Archives: News
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
Bitcoin can still drop to $20K but holding remains winning strategy, data shows
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable.
Bitcoin likely won’t entirely replace current financial system, Coin Center director says
Bitcoin may not make the current monetary and financial system extinct, although its usage will likely vary depending on one’s location.
FXT Token Price Surge: Amplifying Profits for Token Holders
FXT Token Price Surge: Amplifying Profits for Token Holders
By Guest Author -May 14, 2021
FXT, a blockchain-based trading technology, recorded a 1500% increase in the first two weeks of May. This comes weeks after it completed its Initial Coin Offering (ICO). FXT is trading at $0.147 at the time of writing this piece. FXT token was the top 1 gainer token in the world, and its price increased up to $1.25, according to CoinMarketCap.
In an official announcement on Twitter, the company explained:
‘it’s not wrong to say that slowly and steadily, you win the race, and FXT token is a live example of this. The price of the FXT token increase by 1500% in the first half of May. It marked its position as a promising project in the crypto space. Buy today to earn tomorrow!”
FXT tokens are Ethereum based tokens created to serve as a digital currency for diverse payments and trading. The tokens reportedly have the power to increase security, add transparency and reduce the transaction cost. FXT token gives users complete control over their assets. Users can directly participate in asset staking, lending, swapping, and other financial services. They can also keep tabs on current transactions on the platform and have access to transaction history.
The company plans to mint a total of 1 billion FXT tokens. These tokens will be distributed among potential investors during various processes intended by the company. So far, from the one billion XT tokens, 75% has already been distributed to investors during the Private and public ICO sales. 20% will be given to participants as incentives for promoting the FXT tokens, while the company will reserve the remaining 5% to fund various activities, including maintenance, marketing, and other developments.
In March, the FXT token saw a more than 23000% increase in its token holders and over 19,000% increase in token transfer within a week. Currently, the tokens are listed on top crypto sites, including CoinMarketCap, ProBit Exchange, and Bilaxy, Fatbtc.
The recently concluded ICO has provided funding that the company hopes to use in scaling its activities. It will also hope to develop and launch blockchain-based platforms such as spot exchange, crypto wallets, margin trading, P2P lending platforms, and swapping platforms. One thing to note is that FXT plans to launch its ecosystem on Binance Smart Chain.
Original Source: Here
Bitcoin Black $36 Airdrop Available Now
Join the free Bitcoin Black airdrop to receive 3600 ($36) Bitcoin Black coins free!
Introduction
A cryptocurrency with a fair distribution Airdropped to 1 Million wallets prior to IEO which all funds will go to community groups voted by the community to move the project forward. Focusing on fair distribution, mass adoption, usability, education, ease of access, simplicity and community.
Distribution
Airdrop to at least 1 million wallets initially.
Not more than 0.5% of supply owned by 1 founding member.
Initial Foundation 2.5% 900 Million
Development fund 2.5% 900 Million
Pre-sale 2.5% 900 Million coins (100+ investing members who will be an addition to the founding team helping to move the project forward. Collaborating though slack)
Bounties 2.5% 900 million coins for bounties decided by pre-sale members and the Bitcoin Black community. Such as: translations of website, whitepaper, rewards dashboard and APPS.
Airdrop 10% 3.6 Billion coins to be airdropped (1 million accounts 3600 coins per account)
Rewards bounty 20% 7.2 Billion coins divided between Airdrop rewards (110 members). ICO rewards (110 members).
IEO 20% 7.2 Billion coins Funds from IEO to be allocated to multiple community foundations who will help the community move the project further into the future. Allocated to specialist departments.
Manipulation counteraction fund (approx 5%). Part used for stability control fund to remove the possibility of early low volume manipulation, and maintain stability in the currency.
App introduction rewards 40% 14.4 Billion. Introduction of 30 million members with the rate of new users growing compounded. A method to get Bitcoin Black to every school yard/ university/ workplace and community.
Supply
Maximum coins 36 000 000 000 to be in circulation ever
ICO – Howeycoins | Investor.gov
If you responded to an investment offer like this, you could have been scammed – HoweyCoins are completely fake!
Source: ICO – Howeycoins | Investor.gov
Welcome to Investor.gov, the Securities and Exchange Commission’s site designed for individual investors. We’ve recently seen fraudsters pretending to be involved in blockchain technology, initial coin offerings, and crypto-currencies – when really they are simply operating scams designed to take investors’ hard-earned money. We created the bogus HoweyCoins.com site as an educational tool to alert investors to possible fraud involving digital assets like crypto-currencies and coin offerings.
Fortunately, frauds like these often have a number of “red flags” that can help you tell if the so-called “investment opportunity” is really a scam. Our bogus site is a mash-up of a number of different things we’ve seen – any particular fraud may be harder to spot than the red flags here. Here are some of the signs of fraud that are on the HoweyCoins site – we hope reviewing these may help you recognize a real fraud in the future!
RED FLAG: CLAIMS OF HIGH, GUARANTEED RETURNS
- “HoweyCoins is the newest and only coin offering that captures the magic of coin trading profits AND the excitement and guaranteed returns.”
- We anticipate OVER 1% daily returns, with DOUBLE 2% returns on Tier 1 investors in pre-ICO stage secured purchases.
- We also forecast a minimum growth rate of between 7% to 15% annualized, making HoweyCoins attractive for long-term investment. In addition, HoweyCoins can serve as a GUARANTEED hedge against inflation and market loss.
Every investment carries some degree of risk, which is reflected in the rate of return you can expect to receive. High returns entail high risks, possibly including a total loss on the investments. Most fraudsters spend a lot of time trying to convince investors that extremely high returns are “guaranteed” or “can’t miss.”
RED FLAG: CELEBRITY ENDORSEMENTS
- CHECK OUT THESE MESSAGES FROM OUR CELEBRITY PROMOTERS.
- “I’m all about HoweyCoins – this thing is going to pop at the top!” @boxingchamp1934 (John “Champ” Smith, boxer).
Celebrities, from movie stars to professional athletes, can be found on TV, radio, and social media endorsing a wide variety of products and services – sometimes including crypto-currencies and coin offerings. A celebrity endorsement does not mean that an investment is legitimate or that it is appropriate for all investors. It is never a good idea to make an investment decision just because someone famous says a product or service is a good investment.
RED FLAG: CLAIMS OF “SEC-COMPLIANT”
- HoweyCoins will trade on an SEC-compliant exchange where you can buy and sell them for profit.
The SEC staff has concerns that many online trading platforms appear to investors as SEC-registered and regulated marketplaces when they are not. Many platforms refer to themselves as “exchanges,” which can give the misimpression to investors that they are regulated or meet the regulatory standards of a national securities exchange. Although some of these platforms claim to use strict standards to pick only high-quality digital assets to trade, the SEC does not review these standards or the digital assets that the platforms select.
RED FLAG: INVESTING WITH A CREDIT CARD
- Investors can purchase HoweyCoins with any major credit card.
Investors should understand that most licensed and registered investment firms do not allow their customers to use credit cards to buy investments or to fund an investment account. We urge investors to work only with a licensed or registered investment professional or firm and not attempt to use a credit card to fund investments.
RED FLAG: PUMP AND DUMP SCAMS
- Special pre—ICO pump special: once in, we will provide expert timing advice to make sure Tier 1 and limited offer Tier 2 participants maximize immediate gains with a pre-planned pump to occur shortly after the pre-ICO phase ends. Our past two pumps have doubled value for the period immediately after the pump for returns of over 225%.
In a pump and dump scheme, fraudsters typically spread false or misleading information to create a buying frenzy that will “pump” up the price of a stock and then “dump” shares of the stock by selling their own shares at the inflated price. Once the fraudsters dump their shares and stop hyping the stock, the stock price typically falls and investors lose money.
For more information about digital assets and fraud generally, visit the resources below.
ADDITIONAL GUIDANCE
For more information about digital assets and fraud generally, visit the resources below.
Investor.gov
Commodity Futures Trading Commission
North American Securities Administrators Association
The Office of Investor Education and Advocacy has provided this information as a service to investors. It is neither a legal interpretation nor a statement of SEC policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.