Crypto Weekly 22/11/21

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CRYPTO Scammers Google Ad Trick VIDEO OF THE WEEK A Broke Traders Way Out


NFT`s Quantum Leap The Metaverse

BEGINNERS GUIDE Dollar Loses Credibility Biggest Questions of Crypto $2.00US $2.00CAN



Crypto Weekly

Hello and a warm welcome to the third issue of Crypto Weekly. C As usual, a lot of stuff has happened in the last week because the music never stops in the crypto sphere and the time keeps rolling on

rypto weekly is the brainchild of the guys at CMC and I am Rob Stone, Editor, and I hope to bring you an informative read on everything crypto every week of the year.

Another week has gone by and this is our third issue of Crypto Weekly. I have been mining the search engines for the best stories in the news, current happenings, and the ideas the world is excited about in the cryptosphere. At times it is overwhelming all the work curating and writing that goes into the next issues. But I am also caught up in the excitement of the crypto revolution and everything I come across that I want to share with all of you on these pages. The hours that my work entails pass so quickly that I don’t have time to feel daunted by it. I can only wish they could pass more slowly so I might be able to make the next edition even richer. As usual, a lot of stuff has happened in the last week because the music never stops in the crypto sphere and the time keeps rolling on. I hope you all enjoy what we have brought together for you this week. Please let us know your thoughts, and if you would like to see something featured please do get in touch.

Robert Stone Editor


NEWS Crypto Weekly

Bank Style Rules Soon to be Imposed on Stablecoins by Feds


egulators have long been circling cryptocurrencies, and now they have a new target: stablecoins. President Obama's Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency called on Congress to impose bank-like rules on the assets.

out stablecoin issuers and providers in the past. The Commodity Futures Trading Commission criticized Tether, the largest issuer, for failing to back its stablecoins fully with US dollars for nearly four years, meaning the company didn't have enough dollars to pay everyone who might cash out their Tether stablecoins.

Their value is supposed to fluctuate less than other digital currencies since stablecoins are pegged to a real-world asset - often the US dollar.

"The rapid growth of stablecoins as an innovative and unregulated means to engage in speculative digital asset trading, lending and borrowing are both inspiring and unsettling," said acting Comptroller of the Currency Michael J. Hsu in a statement.

Nevertheless, even with this connection to fiat currencies or commodities, regulators believe the risk of stablecoins not being stable, hurting investors, and undermining financial security remains too high, according to a press release from the Treasury Department. The move is significant, as regulators have called

As part of the regulatory recommendations, stablecoin issuers should be insured by FDIC in case of losses, just like banks. The affiliation of stablecoin issuers with other companies should also be restricted to prevent

any concerns about a concentration of wealth and influence. Additionally, the legislation should require that the federal government supervise custodial wallet providers to ensure adequate risk management. The industry responded quickly. Jeremy Allaire, the co-founder and CEO of payments platform and stablecoin operator Circle, said, "We fully support the call for Congress to act and establish Federal banking supervision for stablecoin issuance." According to Allaire, "the rapid growth and strategic significance of this to dollar competitiveness in the age of crypto and blockchain is critical. It provides a path for stablecoins to be adopted as a fundamental element of financial and economic infrastructure in the coming decade."  



Crypto Weekly

Bitcoin, Stablecoins, and NFTs Not Well Comprehended by 98% of People


hat do you know about cryptocurrency? You're not alone if your answer is "Not much.". 98% of people across the U.S., Mexico, and Brazil do not understand basic crypto concepts. 90% of respondents didn't know the Bitcoin supply is capped at 21 million. About the same number didn't understand stablecoins. 98% of people scored below 60% (under 65 is traditionally considered a failing grade in school) on a 17-question quiz about crypto, The Crypto Literacy Survey. The survey was administered by YouGov and was part of a report published by, an initiative led by Coinme, CoinDesk, and Digital Currency Group, Blockworks reported. As bitcoin has emerged as a recognized asset class and is becoming more prevalent, the survey highlighted the need for crypto education. Coinme is the first state-licensed Bitcoin ATM company in the U.S, and the company also expanded to include digital wallets and private client services. "Now that

Only 40% of respondents understood how Bitcoin's price is determined at any given moment. 32% of Brazilians and 28% of Mexicans said they intended to purchase or sell crypto in the next six months, but only 12% of Americans said the same. However, only 17% of Americans surveyed own crypto, compared to 15% of Brazilians and 14% of Mexicans we have the largest licensed on-ramp in the U.S., we can double down on efforts to help educate the broad population to understand how to utilize digital currency," said Coinme CEO and cofounder Neil Bergquist in an article published by Blockworks. Building Wealth

Bernquist remarked that one of Bitcoin's most significant value propositions is its fixed supply of 21 million coins in a recent survey. Twenty-one percent thought Bitcoin supply was unlimited, and 62% couldn't even guess the maximum supply of Bitcoin. Furthermore, only 40% of respondents understood how Bitcoin's price is determined at any given moment. 32% of Brazilians and 28% of Mexicans said they intended to purchase or sell crypto in the next six months, but only 12% of Americans said the same. However, only 17% of Americans surveyed own crypto, compared to 15% of Brazilians and 14% of Mexicans. Over twothirds of respondents across all three countries do not believe it is easy to buy cryptocurrencies. The good news is that people are working hard to educate themselves about crypto, according to Matthew Hougan, chief investment officer at Bitwise Asset Management. "I expect these statistics to change in the months ahead rapidly."  



Crypto Weekly

A Crypto-Comprehension Study Show Most Have No Idea what Bitcoin, Stablecoins, or NFTs Are


hat do you know about cryptocurrency? You're not alone if you answered, "Not much.".

one of its greatest weaknesses. Twentyone percent of Americans thought Bitcoin supply was "infinite," while 62% couldn't guess at its maximum supply. A further 40% of people did not understand why Bitcoin's price changes at any given time.

According to a survey conducted across the U.S., Mexico, and Brazil, 98% of people don't understand basic crypto concepts. 90% didn't know that the Bitcoin supply is limited to 21 million. About the same number didn't understand stablecoins. 98% of people scored below 60% on the Crypto Literacy Survey (under 65 is considered failing). YouGov conducted the survey as part of a report by, a joint initiative of Coinme, CoinDesk, and Digital Currency Group. Due to the increasing popularity of bitcoin as a recognized asset class, the survey underscored the need for crypto education. Bitcoin ATM company Coinme is the first state-licensed company in the U.S. The company also provides digital wallets

and private client services. Coinme CEO and co-founder Neil Bergquist stated in an article published by Blockworks, "Now that we have the largest licensed on-ramp in the United States, we can educate the broader population about digital currencies." Bergquist pointed out that the lack of understanding of Bitcoin's fixed supply of 21 million was

Only 12% of Americans said they intend to purchase or sell crypto in the next six months, compared with 30% of Brazilians and 28% of Mexicans. American respondents, however, own crypto to a greater extent than Brazilians (15%) and Mexicans (14%). Across all three countries, twothirds of respondents said purchasing cryptocurrency is not easy. According to Matthew Hougan, chief investment officer of Bitwise Asset Management, people are working hard to educate themselves about crypto. "I think these statistics will rapidly change over time."  

The Crypto Job Market is Booming


here have been 1,000 crypto jobs added since 2018 and reportedly 50% pay raises to entice talent. Goldman Sachs, Fidelity, JPMorgan Chase, and Wells Fargo are among the companies that have made crypto hires. Bloomberg reports that crypto jobs have seen a pay increase of up to 50%.Big banks have

been building up their ranks of crypto experts and offering large salary bumps to attract new talent. Revelio data, first reported by Bloomberg, indicated that banks and financial firms such as Goldman Sachs, Fidelity, JPMorgan Chase, and Wells Fargo have been adding crypto-related jobs in the past three years. Bloomberg found that Goldman Sachs hired 82 crypto professionals, Wells Fargo 74, Fidelity 68, and JPMorgan 63. Goldman Sachs, Fidelity, and Wells Fargo did not respond to Insider's request for comment. Those jobs likely came with a sweetener as well. The Wall Street Journal reported that crypto-related roles received a 20%-30% pay raise

compared to peers at the same level, with senior crypto roles receiving a 50% pay raise. Revelio said crypto experts receive raises of about 9%. Bank executives' public statements about crypto are at odds with the influx of hires in recent years. In a recent interview, JPMorgan Chase CEO Jamie Dimon called bitcoin worthless, while Morgan Stanley CEO James Gorman said crypto wasn't important to the bank. Even so, the bank did add some crypto roles, according to the Bloomberg report. After US regulators approved the firstever bitcoin futures ETF in October, bitcoin hit all-time highs near $67,000.  


FEATURE Crypto Weekly

Ethereum's Transformation Could Lead to Bitcoin's Demise A

s the world's second most valuable cryptocurrency, Ether is upgrading its underlying platform, Ethereum. Its price is at all-time highs. Ether's market cap is just about $500 billion, or roughly half the value of Bitcoin, the most prominent cryptocurrency. But will Ethereum now be positioned to become the dominant platform on the internet? Could Ether become number one with this upgrade? The first step is to understand the differences between bitcoin and Ethereum. With Bitcoin, people can send value between one another without using banks and using blockchains, which are online ledgers, a decentralized network of computers known as validators records and verifies transactions. Bitcoin is relatively scarce to make this more attractive: Only

around 18 million coins exist, and the protocol ensures there will never be more than 21 million coins.

referred to as gas fees, ether fuels the platform, gives it a utility and intrinsic value that bitcoin does not.

Bitcoin and Ethereum both work similarly, but Ethereum is different. On this worldwide "decentralized" platform, developers are building thousands of blockchain-based applications. It means that all of these applications can run independently of any company or government. For instance, cryptocurrency exchanges and insurance systems are examples.

Despite this, Ethereum faces several significant issues. Since the network has grown so popular and is so congested, gas fees have become very expensive. Users willing to pay the highest transaction fees are prioritized. Bitcoin also experiences congestion, which its developers are trying to resolve using Lightning built on top of Bitcoin, which offers faster transaction speeds.

Platforms like this rely on smart contracts, which are automated agreements that ensure that assets and money are transferred when certain conditions are met. As a result of the platform's success, Ether has been the second-largest cryptocurrency after bitcoin for the past few years. Even being

In addition, Ethereum's second problem is that as its popularity has grown, validators are taking up an increasing amount of computing power. Since bitcoin uses a great deal of electricity, it has received a lot of negative publicity, and so has Etherium.



Crypto Weekly

Ethereum's second problem is that as its popularity has grown, validators are taking up an increasing amount of computing power. Since bitcoin uses a great deal of electricity, it has received a lot of negative publicity, and so has Etherium. Many analysts predict Ethereum 2.0 will solve these problems by switching from "proof of work" to "proof of stake."

Many analysts predict Ethereum 2.0 will solve these problems by switching from "proof of work" to "proof of stake." Without getting into too much detail, proof of work involves each validator solving complex equations to prove a transaction is valid. The system uses a random selection process to determine which validator to use to confirm each transaction, so all validators don't have to worry about this power-hungry work. In the bitcoin community, many are against proof of stake because it grants control of more than half of the network to the biggest validators, possibly corrupting the validation system. Proofof-stake proponents argue that checks and balances prevent such a thing from happening. In Ethereum 2.0, the platform will consume 99.9 percent less power, making it far more sustainable. The platform would be able to process up to 100,000 transactions per second, which

would help eliminate gas fees and create smart contracts more sophisticated than they were in the past. Over the last two years, the transition to Ethereum 2.0 has been slow, plagued by many technical issues. Since January, the new proof-of-stake blockchain has run in parallel with the existing system, allowing the developers to prepare it for merging in 2022. This upgrade is a rehearsal for the seamless integration coming in 2022. Altair introduces numerous technical changes designed to keep validators honest and to make the system more decentralized. All eyes will be on the "sharding," which significantly increases the system's processing power if the merger proceeds as planned. Before Altair's upgrade, Ether prices had been reasonable, and Bitcoin's recent surge to all-time highs has helped boost the entire crypto market. The rest of the market consists of

speculators switching from bitcoin and new money moving into the space.The merger of Ethereum's two blockchains will be interesting to observe how it will affect Ether's price concerning rival platforms such as Cardano and Solana, which have been very popular in recent months partly due to Ethereum's fees problems. The real question is what it will mean for bitcoin. As long as Bitcoin remains the brand most investors are most comfortable risking their money on, their protocol will be viewed as more decentralized than proof of stake. While Ethereum 2.0 has greener credentials and can handle more transactions, it is unclear whether these advantages outweigh Ethereum 2.0's disadvantages. Bitcoin currently has a value many times greater than Ether, but there is talk that Ether will overtake Bitcoin someday. What are the chances?



Crypto Weekly

Ethereum is Just Beginning, and Bitcoin will be Pushed Aside I

have one word of advice for all those investors who are considering taking their profits and running. Ethereum has hit all-time highs, surpassing $4,700 for the first time. The logic of cashing out a position at its peak makes sense to me, but I don't think Ethereum is anywhere near there yet. In my opinion, Ethereum is a far better alternative to Bitcoin. You can also get a lot more for your money. A year ago, ETH-USD could be purchased for less than $400. Ethereum and other popular cryptocurrencies began a run that made a lot of crypto fans giddy in January. Most of the attention is focused on Bitcoin. Dogecoin is also getting some attention, thanks to the Reddit crowd and Elon Musk. However, for casual investors, Bitcoin remains the standard. Over the past year, Bitcoin has also experienced significant growth of more than 300%. Compared to Ethereum, that's nothing. ETH has been up by 1,000% over the last year. Analysts at the U.K.-based bank Standard Chartered predict that kind of crazy growth will continue for the foreseeable future. Analysts believe Bitcoin's price could triple and reach $100,000 easily. In

what way does Ethereum compare? Some analysts predict that Ethereum could increase by ten times, and Forbes reports that the bank believes that the price of ETH-USD will surpass Bitcoin at some point in the future.

This Is Why Ethereum Will Survive ETH-USD is undergoing many changes at this point that, I believe, will help push Etherium into the mainstream. As a result, Ethereum will be able to challenge Bitcoin for supremacy in crypto. My last post on this topic was several weeks ago. Like Bitcoin, Ethereum was launched in 2015 with a proof-of-work consensus protocol. However, many people complain that Proof of Work is too slow and expensive for Ethereum in the long run. Ethereum 2.0 will switch from proof-of-work (PoW) to Proof-ofStake (PoS), which should solve these kinds of issues. First, Ethereum's Beacon Chain was launched. The Beacon Chain will then be integrated with the Ethereum mainnet. In 2022, Shard Chains will split the network to increase the capacity of storing data and processing transactions.In the end,

Ethereum should be able to handle more transactions with more scalability and speed. It should consume less electricity and have a smaller carbon footprint, and it will also be more secure. In addition, the changes will affect the so-called Ethereum killer cryptocurrencies that rely on open-source blockchain protocols to exploit Ethereum's PoW weakness.

The Bottom Line Decentralized finance (Defi) and nonfungible tokens (NFTs) are two of Ethereum's most popular applications. This trend will only continue with Ethereum 2.0. So, you can expect Ethereum to be around for a while. Even though it is unreasonable to expect Ethereum to return 1,000% per year, I expect ETH-USD to be a top performer. By their very nature, cryptocurrencies are much more volatile than the overall stock market. You can get huge returns, but you can also suffer considerable losses in a blink of an eye. Crypto is currently unregulated, although that may change at some point. Ethreum is, by far, my top choice.  

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FEATURE Crypto Crypto Weekly Weekly

One Small Step on the Blockchain, One Quantum Leap for Humanity.


here is No More Facebook Prison in the Metaverse. NFTs, or nonfungible tokens, are the core of the Metaverse. The Metaverse is still in its first days of discovery, and NFTs are the way in. NFTs and the Metaverse will make us all owners of the Internet of things, and this is only the very first stage of something so big it is nearly unimaginable what the future will bring. As everyone knows, Facebook is focusing on the Metaverse, and so, the term "metaverse" has gone mainstream. It was announced a few weeks ago that the company would change its name to "Meta" to enter a new era known as the Metaverse. The way I see it, it's not going to happen like that. Not if Facebook stays the same way it is today by any means, which is pretty much like an oligarchy controlling all of us in a dictatorial fashion. In the Metaverse, "users" own it and add value. In a Facebook-like system, whatever we create in the Metaverse can be throttled or deleted at any given time. In the Metaverse, the people own it, so there will be no way you will ever be sent to Facebook

prison. It's a communist system where users add value to the system but get nothing in return. In Facebook, it would be like they somehow give us some portion of stock from commenting, liking, or uploading photos because we are adding value to the platform. Well, Facebook doesn't work like that. With the Metaverse, people are the owners of what they do, so we build a foundation of things that we own with our time, effort, and participation. Will Facebook allow that" No way! Suppose Facebook were to become decentralized and turn itself over to the people, where it was user-owned and governed. Then only maybe it could become a "real" part of the Metaverse. The revolution has only just begun, and we haven't seen anything yet. Perhaps you remember the early days of dialup Internet in the 1990s when AOL was the leading platform. This is where the metaverse and distributed networks are now. It's almost like if you were to ask anyone about the Internet and what it would become back at the beginning, few could have come up with or described what we have now.

If you're wondering what blockchain, Metaverse, and NFTs have in common, you're not alone. First, a little background. Is the Metaverse even real? Imagine your physical world, things around you, and the people and things you interact with. What if your physical world was digital? Just that. Welcome to the Metaverse. An NFT is a unique digital asset stored on a blockchain and based on the same technology that underpins cryptocurrencies. They are tokens that will unlock the Metaverse, and the Internet will become all around us like the real world.

What has all this to do with NFTs and crypto? The answer is everything! In the minds of many, NFT conjures images of digital artworks and collectibles tied to what seems like excessive amounts of money. Digital art frenzy is a compelling use case for NFTs. However, it is by no means the only one. Hobbyists, enterprises, and investors have a lot of opportunities ahead to accelerate the adoption and use of NFT.


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Crypto Weekly Weekly Crypto

NFT-controlled access to the Metaverse is one of the key benefits. The Metaverse is the sum of all the processes and protocols that power the Internet and the emerging Web3.0, merging into one world. The future of online experiences will include all communications, finances, games, personal profiles, and more. Parallel to the real world, the Metaverse is also an extension of it. In the Metaverse, you'll find aspects of everyday life that bridge the gap between the happenings of the Internet and daily life, such as augmented reality. Where do we enter the Metaverse? Of course, it's through NFTs. Metaverses and NFTs have become almost interchangeable. Blockchain gaming has seen an explosion in NFTs, which is part of the reason. Metaverses will become a reality through virtual worlds, and interoperable games are a natural vehicle for that. NFTs facilitate access to the Metaverse by tying real-life identities with digital avatars. In the context of blockchain technology, NFTs are a type of cryptocurrency that can be used to identify ownership of digital items, such as art, music, and video games. It was at the inaugural NFT.NYC conference in 2019 that NFT-controlled access was first implemented. There was even an opportunity to display a custom message on the Times Square billboard, as well as an NFT-based ticket to get in. Even though a crypto conference in New York could hardly be called the "metaverse," a precedent was set. Different projects and games have rushed to take advantage of the intersection of the Metaverse and NFTs, promising to revolutionize how we interact with the Internet. The NFT could serve both as the deed for a 'virtual' property as well as the key, granting access to the Metaverse and allowing the owner to give access to others. It is possible to sell a house to another Metaverse resident using the smart contract features of the deed/key NFT, granting them ownership of the property and all the access rights that come with it. In addition, NFT-controlled access can

be used for various real-life and metaworld events, such as VIP access to conventions and festivals. Fans might even be able to access fan-only content or receive branded merchandise via airdrops, opening up an entirely new avenue of engagement with brands. Building an interoperable infrastructure beyond the Metaverse and into the physical world can support augmented reality and location-based engagement, services, and marketing. NFTs can be assigned to all kinds of experiences, including massively multiplayer online video games and augmented reality spaces. Using the blockchain ecosystem, these experiences can be turned into marketable commodities with liquid, exchangeable value. What will the future bring? The Facebook CEO reportedly uttered the word "metaverse" 16 times during an earnings call with investors a few weeks ago. In addition to using products like "Portal" to bridge the physical and digital worlds, Facebook has initiated Diem, an upcoming stablecoin that will be integrated into Facebook's platform. Because the tech world is preparing for a metaverse-based future, NFT-based augmented experiences are likely to become a cornerstone of social media experiences. Blockchain-based identity systems will enable financial services to be offered in the Metaverse. There's a chance that one day, a metaverse state will be created under the control of different DAOs. NFTs serve as our keys, ID cards, and passports, while DeFi serves as a virtual financial system. We

already have the pieces; now, we just need to combine them. In crypto, a DAO is a formalized community in which members have aligned incentives due to mutually agreed-upon governance mechanisms, often in the form of a particular cryptocurrency or token. The people could begin to assemble free selfregulated governments for themselves through the blockchain using the Metaverse. Users and developers are only limited by their imaginations. As the Metaverse grows, users will access new experiences and new levels of visibility, control, and even comprehension. Despite the Metaverse technically existing, it's NFT's that are being developed now that will bring it to life in the real, physical world. The Web3.0 sector must look outside itself and cultivate blockchain participation from established and experienced creators to unlock this potential and cultivate the Metaverse. NFTs are metaphorical-and literal keys to accomplishing this. The Metaverse could turn out to be one of the greatest tools humans have created in the history of the world. The Metaverse, one small step on the blockchain and one quantum leap for humanity. Yes, I just said that. 

Robert Stone Editor: Crypto Weekly


FEATURE Crypto Weekly

As the U.S. Dollar Loses Credibility

Crypto Fills the Void


ver a decade ago, a bubble asset rose and fell wildly. The people who held it would have lost 100 percent of their money five times in a row. At various points, they would have made fortunes but also seen their assets destroyed due to hyperinflation. Specifically, the asset being discussed is gold priced in Weimar marks. This may remind you of bitcoin. Earlier this year, Luke Gromen examined the startling similarities between gold in Weimar Germany and bitcoin today in his newsletter Tree Rings. What did he conclude? In more ways than one, Bitcoin is the last working fire alarm warning us of an upcoming period of significant geopolitical changes.The point is well taken. The central banks

have suppressed price discovery in markets with low-interest rates and quantitative easing over the last decade (or decades, depending on where you put the marker). It's much harder to gauge the health of individual companies or the real economy as a whole based on asset prices, regardless of whether you see this as a smoothing of business cycles or enabling debt-ridden businesses.

world has been severely damaged. The dollar's status as the global reserve currency has weakened in some quarters, and Trump indeed devalued Brand USA. However, Trump is also indicative of very long-term economic problems in the U.S. Issues masked by low-interest rates and monetary policy kept asset prices high and encouraged debt and leverage.

A speculative bubble fueled by the Federal Reserve could explain the popularity of cryptocurrency. Still, instead, it might be viewed as a sign of a new global order in which the U.S. and the dollar will play a less critical role.

Some investors believe that bitcoin's rise reflects a belief that the U.S. will eventually resemble Weimar Germany in some ways as a post-2008 monetary policy designed to stabilize markets gives way to post-Covid monetization of U.S. debt loads. Growth, austerity, or money printing are the only ways out of debt. Bitcoin might be a haven if the U.S.

As a result of Donald Trump's presidency and his toxic politics, U.S. trust in the



Crypto Weekly

government sells so much debt that the dollar begins to lose value. The currency debasement in Germany didn't end well. The bitcoin boom has yet another facet. A post-neoliberal world has replaced the unipolar world in which the United States was the preeminent political and economic power. There is no longer a consensus in favor of free trade and unfettered capitalism. There will probably be two or three poles - the U.S., Europe, and China. China has shown a desire to become less dependent on the U.S. financial system, buying fewer Treasuries and introducing its own digital currency. There is no doubt that the dollar will remain the main reserve currency globally, while the renminbi and euro will gradually become more essential stores of value. However, it is also possible to imagine that cryptocurrencies that can easily cross borders would have some advantages over fiat money. While the migration of people and goods may become more limited, digital trade and information flows are still growing. Digital currencies, according to tech leaders like Tesla's Elon Musk, Facebook's Mark Zuckerberg, and

Elon Musk

Twitter's Jack Dorsey, are better suited to a multipolar world. Since they are mainly unregulated, they are less susceptible to political influence. Bitcoin might be able to float above any currency nationalism that might result from a new world order in the same way that comprehensive technology platforms recently removed Trump from social media. What will become of cryptocurrency? Will it become a form of

Some investors believe that bitcoin's rise reflects a belief that the U.S. will eventually resemble Weimar Germany in some ways as a post-2008 monetary policy designed to stabilize markets gives way to post-Covid monetization of U.S. debt loads.

Mark Zuckerberg

Jack Dorsey

Digital currencies, according to tech leaders like Tesla's Elon Musk, Facebook's Mark Zuckerberg, and Twitter's Jack Dorsey, are better suited to a multipolar world. Since they are mainly unregulated, they are less susceptible to political influence

insurance against future uncertainties? Which consensus will be more powerful, the Washington consensus or the Beijing consensus? Possibly. However, it is also possible that sovereign states will regulate this existential threat. U.S. Treasury Secretary Janet Yellen has already raised the issue of future cryptocurrency regulation. All of this does not make me want to buy bitcoin. However, I do not see it as a bubble. Several hundred automakers competed to replace the horse and buggy at the beginning of the 20th century. Who knows whether Bitcoin, Ethereum, Diem, or some other yet-tobe-invented digital currency will prevail in the long run. At this point, the bitcoin boom is best viewed as a warning sign. 


FEATURE Crypto Weekly

JPMorgan Says Bitcoin is Like a Form of Gold & will Hit $146K T

he price of Bitcoin was around $63,160 just recently, and JPMorgan then renewed its $146,000 long-term price target for bitcoin, which first made waves last January. In the eyes of investors, bitcoin is increasingly looking like a digital alternative to gold. According to the report, cryptos are "an emerging asset class in a multi-year uptrend." Despite a few caveats, JPMorgan recently published a report on digital assets. In the long term, the US's largest bank has renewed its prediction for bitcoin to surge to $146,000 as volatility subsides and institutions begin to prefer bitcoin over gold. It's roughly 130% more expensive than Wednesday's price of $63,160. JPMorgan believes bitcoin, which is also a scarce product, will increasingly compete with gold as a hedge against inflation. In September/October 2021, investors became more concerned about inflation, which led to renewed interest in bitcoin as an inflation hedge, according to JPMorgan strategist Nikolaos Panigirtzoglou. He said that

Bitcoin's allure as a hedge against inflation had been boosted by gold's inability to respond to recent inflation concerns. Over the past 13 years, inflation has soared around the globe. In light of millennials' increasing influence in the investing universe and their preference for cryptocurrencies, Panigirtzoglou said the token would continue to compete with gold in the future. Given the amount of money invested in gold, any such a shift implies big upside for bitcoin in the long term," he said, suggesting a long-term price target of $146,000. However, JPMorgan said that for the $146,000 price to come true, bitcoin's volatility would need to fall sharply, so rules-bound investors feel comfortable investing. According to the bank, bitcoin's volatility is currently four to five times greater than gold. To be attractive to institutional investors, bitcoin volatility must drop dramatically before the multitudes plow in. JPMorgan said bitcoin's volatility poses a significant challenge to its "theoretical" price target. During

April and May's boom and bust, the bank's reputation among institutional investors suffered. According to JPMorgan, bitcoin's fair price is actually around $35,000 right now due to volatility. The bank said the token's volatility is currently falling, and a price of $73,000 seems reasonable for next year. Bitcoin, however, is wildly unpredictable. Given bitcoin's gain of more than 340% last year, a surge above $146,000 seems entirely possible. Another drop to below $30,000, as seen in the summer, is also a potential, according to the bank. In any case, JPMorgan's global markets strategists seem optimistic about crypto. There is no doubt that cryptocurrencies and digital assets more broadly are on a multi-year structural uptrend, according to the report. The digital asset class has emerged as a clear winner post-pandemic, with retail investors joining institutional investors such as family offices, hedge funds, and real money asset managers including insurance companies."  



of the

week The # 1 Mistake New Traders Make That Keeps Them Broke (And How to Correct It) - by James Sides James Sides is an experienced and well-respected trader who has been a friend of Crypto Weeklỳ s Editor for many years. He has a free-to-enter Facebook group if you would like to learn more from him called Crypto Common Sense.



Crypto Weekly

Thanks to Partnership with Robinhood, Burger King's Loyalty Program Allows Crowns for Crypto


ou can get a little cryptocurrency with your Whopper and fries. Through a new partnership between Burger King and Robinhood, members of the fast-food chain's Royal Perks loyalty program can win Bitcoin, Ethereum, and Dogecoin when they spend $5 on the Burger King app or website. As part of the reward distribution system, customers will receive Dogecoin as a reward. According to Burger King's website, the prize pool will include 2 million Doge, 200 Ether, and 20 Bitcoin. Users can win up to 21 prizes per day, and prizes must be claimed by Dec. 17. For the crypto promotion, you need to be a member of the loyalty program. As a loyalty member places an order,

a link telling them how to claim their crypto will be included. They must either have a Robinhood account or create one to claim it.

Get the most out of your money.

they earn crowns, exchange them for more menu items or promotional prizes. Before claiming a crypto prize, a loyal customer must make a qualifying purchase of $5 (pre-tax). In the email,

Burger King said it was always looking for ways to reward its most loyal guests with exciting, unique, and culturally relevant offers. Cryptocurrency has been a hot topic of conversation recently, but we understand that it can be difficult to understand. Burger King isn't new to cryptocurrency. According to Gadget360, Burger King has already started accepting crypto as payment in some of its German and Venezuelan restaurants, and it launched its own cryptocurrency in Russia called "WhopperCoin."  

UnitedMasters and Coinbase Have Partnered to Pay musicians in Crypto Now, UnitedMasters will offer artists the option to receive payment in the cryptocurrency of their choice. UnitedMasters partnered with Coinbase to provide the offering, the two companies announced. Apple and Google parent Alphabet previously backed UnitedMasters. UnitedMasters and Coinbase announced Tuesday that they have partnered to pay artists in cryptocurrency for their music. UnitedMasters said in a press release that artists can be paid in US dollars in whole or in part and the cryptocurrency of their choice through the Coinbase payroll system. It said artists can now participate in an equitable,

decentralized, and transparent economic system. Surojit Chatterjee, Coinbase's Chief Product Officer, said, "This is the future of payroll.". The cryptocurrency exchange Coinbase started allowing users to deposit their paychecks directly into their Coinbase accounts last month.

The announcement comes as Bitcoin nears its all-time high price of nearly $65,000, surpassing $57,000. Bloomberg reports that UnitedMasters is one of the first in the music industry to offer this service. Since 2017, the company has helped independent artists reach fans with their music. Steve Stoute, the founder, has since received backing from Apple, Google parent Alphabet, and Andreessen Horowitz, Insider previously reported. UnitedMasters has partnered with brands such as Apple, Bose, AT&T, NBA, and NFL to help artists get noticed. As TechCrunch reported in 2020, UnitedMusicians has helped musicians such as NLE Choppa and Lil Tecca launch their careers.


NEWS Crypto Weekly

SEC Chair Gensler likens crypto investments to seed investments, warns many coins will fail might eventually regulate stablecoins, telling the Senate Banking Committee that stablecoins could qualify as securities.


hairman of the Securities and Exchange Commission Gary Gensler defended the tough stance he has taken on cryptocurrencies on Tuesday, arguing that there is "hype" in the markets for digital assets, and that investors have no protection in these markets as they do in stock and bond markets. According to the regulator, his agency will 'be very active' in regulating stablecoins and other digital assets. A few days ago, Gensler was interviewed at the Securities Industry and Financial Markets Association annual meeting. According to Gensler, many investors seek yield...but these platforms have not been regulated by either the SEC or the Commodity Futures Trading Commission to offer investor protection. Without that, you don't have market integrity, you don't have efficiency in competition, and you certainly don't have resilience." President Obama's Working Group on Financial Markets issued a report on Monday recommending that Congress

Many investors seek yield...but these platforms have not been regulated by either the SEC or the Commodity Futures Trading Commission to offer investor protection. Without that, you don't have market integrity, you don't have efficiency in competition, and you certainly don't have resilience pass legislation that would require stablecoin issuers to be insured and regulated like banks. Mr. Gensler discussed the report at the meeting. Gensler said his agency would "be very active in pushing this market into the investor protection framework," regardless of new laws. In September, Gensler refused to rule out that the SEC

Dai, Tether, and USD Coin USDCUSD all peg their value to the U.S. dollar and have become popular ways to trade popular cryptocurrencies like bitcoin BTCUSD, -1.76% and ether ETHUSD, 0.22%. They are an attractive instrument for cryptocurrency investors to store uninvested funds due to their stability. Gensler also defended the recent decision by the Basel Committee on Banking Supervision, a consortium of global banking regulators, to propose that banks set aside enough capital to fully cover losses in bitcoin or other cryptocurrencies, even though these rules would discourage banks from entering the cryptocurrency market and bring with them greater oversight of the digital asset market. Gensler said it is akin to seed investing in venture capital. He predicted many current digital assets would not succeed as long-run competitors against government-issued currency or precious metals. The SEC urged crypto entrepreneurs to work with the regulator within the existing framework for investor protection and "actually think about all of the protections that our investor protection, consumer protection, and banking laws already offer" instead of rushing to get approval. "That's the challenge because there are a lot of groups trying to stay outside of public policy frameworks," Gensler said. It's an attempt to arbitrage public policy and, to some extent, arbitrage [traditional financial service companies.] It's also about level playing fields."  



Crypto Weekly

Dollar Walways be King over Crypto, says Treasury Chief Despite the continued growth of Bitcoin and cryptocurrencies, US Deputy Treasury Secretary Wally Adeyemo said the US dollar will remain the world's most dominant currency.

President Biden has signed a $1.2tn infrastructure bill into law, which includes $550bn in spending to redevelop the U.S. infrastructure and create investment opportunities. Cryptocurrency investors will also be affected by the bill because of tax provisions, and Adeyemo says the new spending due to the legislation will only boost the value of the US dollar.

Adeyemo acknowledged virtual currency's challenges as well as its potential and potential, in an interview with CNBC. Aside from providing economic opportunities, digital assets can also pose challenges, he said. Despite the fact that cryptocurrency is used in criminal matters, Adeyemo proposes the US government tighten its anti-money laundering (AML) regulations and work with other nations to control it. In Adeyemo's view, the

private sector can reduce illicit activity in the cryptocurrency industry if it is involved.

"The decision we make in America about investing in our economy is ultimately what will determine the dollar's position in the world," he said. "The reason that people are involved in the dollar-based economy is that they want to invest in America."  

Carlos Maslatón Predicts Bitcoin Will Reach $1 Million By 2026 At La Bit Conference


aslatón spoke about the past, present, and future of Bitcoin at La Bit Conf, a leading crypto conference in Latin America. An Argentine lawyer and technical analyst, Carlos Maslatón,

predicted Wednesday that Bitcoin (CRYPTO: BTC) will reach $1 million by 2026. The conference was held in El Salvador, which became the first country to recognize Bitcoin as legal

tender formally. During his presentation, Maslatón predicted that the bull market that started in November 2018 would continue until $ 1 million in 2026, but not without a significant correction along the way. He said that the first big wave of Bitcoin reached $1,163 in 2013 when it started trading on the formalized market - in 2011. "Markets always correct. That's why in January 2015 we had that sharp drop from $1,163 to $157 per Bitcoin." The surge and the drop allowed Bitcoin to soar to $19,666 in December 2017, he said. In his view, the rally that started at $3,850 on March 12 with a leveraged cleansing correction of $120,000-$150,000 before the skyrocket to the anticipated $1-million level will continue upward to $399,750 in one to two years.   


FEATURE Crypto Weekly

I Asked Myself Some of the Most Important

Questions in Crypto Just to Clarify Things


rypto seems absurd, and people still make a lot of money with it. I( am not wealthy yet, so do I have a problem, or am I just a normal human being trying to hang on to a future blowing up in our faces every day? Cryptocurrencies have attracted a great deal of investor attention this year, and I needed to ask myself a few questions. The biggest issue to me is the assets can seem confusing and even worthless, and some like Dogecoin were founded as a big joke! There have been stories about teenage bitcoin millionaires. Originally a joke, a meme coin made someone a millionaire. The internet is a buzz. Is there some reason for the obsession with Shiba Inu's? The topic has been avoided long enough, and now the fear of missing out has finally overwhelmed the reluctance

to learn more. You can find all the answers here.

What the heck is going on? Don't you think it has a "frenzy" feeling to it? Many people believe crypto will revolutionize the financial system and other parts of society, similar to how the internet changed how we live. Crypto has also made many people very rich, and seeing that can make people more confident about the technology. Bitcoin was the first cryptocurrency in 2009. Fiat currencies are controlled by centralized institutions such as governments, central banks, and big banks, just like the US dollar or euro. In 2009, the financial crisis was still in full swing, and things didn't look good. With Bitcoin and other cryptocurrencies, massive amounts of new money have

been pumped into the economy, and a decentralized currency has been created with a fixed supply. Bitcoins, for instance, are limited to 21 million. Blockchain networks are the foundation of cryptocurrencies, where data blocks are linked together by a "chain" of data verification. It has gained popularity in recent years, and now many Wall Street banks that had a hand in the financial crisis are participating. This has attracted even more investors, some of whom may just be speculating. The result is an environment that feels so outlandish at the moment. What does a Shiba Inu have to do with any of this? Let's find out! As an alternative to bitcoin, altcoins appeared on the scene in 2011. Thus, there are now thousands of cryptocurrencies, including one called Shiba Inu, which has skyrocketed to the top 10 of all cryptocurrencies in the last few weeks. Due to social media



Crypto Weekly

and memes, altcoin prices are even more volatile than Bitcoin. Can cryptocurrency be used as an exchange medium? Can it be considered speculative? Indeed, it may be a wise investment, given where things are heading, but, of course, you could lose your shirt. It's undoubtedly a currency that's meant to sit alongside the money issued by governments. It's undoubtedly speculative - who knows what's behind it or what will happen?

This year, bitcoin doubled, and Ethereum quadrupled. The numbers for many altcoins are even more absurd. You'd have $202.28 if you'd put $100 into bitcoin on January 1, 2021

What can we buy with crypto? Currently, cryptocurrencies are primarily used as financial assets, just like gold. However, they are also being used in everyday life. In El Salvador, a town called Bitcoin Beach used the digital asset as you and I do with the dollar. Generally, people can use their cryptocurrencies through apps. Payments made with digital assets are made possible by BitPay's partnership with Verifone, which makes the card readers used during everyday purchases. BitPay and Apple Pay enable people to buy everyday items, like a chocolate

bar and jewelry. Thanks to a new partnership with Coinbase, one record label is even offering to pay artists in the cryptocurrency of their choice. Is it stupid to hold back from buying into the craze? Perhaps it is! What's to say that Bitcoin can't rally further than its all-time high? No one knows what tomorrow will bring. After hitting a record $65,000 in April, it crashed, but it could still soar. The asset class

is thus speculative, high-risk, and sometimes high-reward. Don't buy in just because everyone else is doing it. Perhaps investing in cryptocurrencies is a reasonable option if you have extra cash on hand and want to diversify your portfolio. How are people deciding what these coins are worth? There is clear speculation in projects that were meant to be jokes, like Dogecoin and Shiba Inu. But price movements right now in projects that were founded with more serious intentions, like bitcoin and Ethereum, are also at least partly a result of speculation. Whereas in stocks, you have many standardized ways to value companies, such as price-to-earnings ratios, the methods for cryptos aren't nearly as structured or widely known yet. This year, bitcoin doubled, and Ethereum quadrupled. The numbers for many altcoins are even more absurd. You'd have $202.28 if you'd put $100 into bitcoin on January 1, 2021. If you did the same thing on January 1, 2018, you'd have $444.38. It would be $18,907.81 if it were 2115. The crypto market is full of speculation. At least some of the


FEATURE Crypto Weekly

Regulating the crypto industry can only be beneficial. It shouldn't disrupt any growth in the industry, and what we've seen in the new administration is that industry and regulators have been communicating more, which I think is really good.

cryptocurrencies hitting highs will likely crash back to earth at some point. However, no one knows for sure. Crypto is being compared to the dotcom bubble around 1999 and 2000. The internet had a significant impact on society, and some companies won big, but many investors' investments failed. Even the eventual winners suffered losses when the bubble burst. Some crypto protocols or projects seem to have more compelling use cases than others and may persist. Several Ethereum-based projects seem to have more of a purpose - Wificoin, for example, aims to make public WiFi more accessible - than Shiba Inus. My biggest question has been the feds. I doubt the feds are too happy about any

of this. Regulation at the moment scares some crypto investors. According to one school of thought, cryptocurrencies - or at least some of them - are said to hinder the US's ability to control its monetary policy. This is already the Chinese policy. Regulation, according to others, would legitimize assets and protect investors.

to change my profile picture to laser eyes and start hanging out with them? If you spend a few minutes on crypto Twitter, you'll hear phrases like "To the moon!" and "Diamond hands!" and most likely some nastier messages to those expressing doubt or skepticism about digital assets.

Regulating the crypto industry can only be beneficial. It shouldn't disrupt any growth in the industry, and what we've seen in the new administration is that industry and regulators have been communicating more, which I think is really good.

The reason for this is that many people involved in or invested in crypto believe in the potential of blockchain technology. Many of them may also have a direct financial interest in the assets doing well. This pervasive, over-the-top bullishness is certainly not conducive to robust discussion and can turn off outsiders. The Crypto community is comprised of some of the world's worst winners, and this is one of its biggest problems.  

My last question could be the biggest of them all. Crypto fanatics are generally cult-like and bullish, and cults have never been my cup of tea. Do I have



Crypto Weekly

far surpasses the market's standard of 3% - 5% reflections that are triggered every 24 hours. To begin the process, all that is needed is to buy or sell a minimum of one SEEK token 24 hours or more after an initial purchase. RugSeekers aims to become the tip of the spear in corruption detection software by delivering industryleading, user-friendly software. RugSeeker ScamSeeker software is in development and continues under ongoing refinement. RugSeekers is currently working with an ecosystem of projects with a similar moral structure to develop a state-of-the-art investor education program.

The Rugseeker Bounty and Marketing program

for Tips that Lead to Stopping Corruption R

ugSeekers is a professional, diligent, and experienced team that strives to reduce fraud and corruption in the crypto space. As a result of being ripped off, the RugSeeker team is dedicated and obligates themselves to purge investors of facing that indignity. Peace of mind, safety, and security! It is the goal of RugSeekers to restore the crypto space to its former glory, making it again a place of security and trust. Rugseekers want decentralized digital currencies that are free from the restrictions of fiat currency. To accomplish this, a detailed and unbiased risk assessment of the projects and people in the cryptosphere must begin on the ground floor. The Rugseeker's assessment process is a combination of digital review and in-depth human element evaluation, and it has proven to be valuable and indispensable. Although Rugseekers are well aware that scanners, codes, contracts, and hardcopy reviews are essential, the unpredictable human element requires the most attention and investigation. RugSeekers stands out from the rest of the industry thanks to that detail.

Rugseeker's unique process was built and designed by investors for investors. With a combined quarter-century of experience in banking, lending, and finance, the team is invaluable to the mission.

The Rugseekers Token Offers AutoReflections When Buying or Selling "SEEK" Tokens The Rugseekers Token offers a tokenomics approach that sets them apart from other tokens. It has an industry-leading reflection of 8%, which

RugSeekers is the world's first cryptocurrency project to release a "bounty" program. RugSeekers will pay a reward based on volume and through a lottery system on the 1st and 15th of each month. All anyone needs to do is report a potential fraudulent project in its infancy and prior to any previous detection. To qualify a "Bounty Hunter" must hold 2 billion SEEK tokens. RugSeekers will draw and announce the winners through various media outlets. This bounty program will be a leading player in the RugSeekers marketing campaigns. The RugSeeker Chief Marketing officer, Nicole, will lead the charge and is well respected in the field. RugSeekers will be aggressive and assertive on social media platforms, two YouTube channels, and advertising, apparel, and promotional outlets as part of their marketing strategy.

RugSeekers Plans of Expansion A rapidly changing and volatile market requires networking and partnerships. To eliminate fraud and corruption in cryptocurrency, RugSeekers has developed collaborative relationships with other projects, and RugSeekers will be able to expand their educational program as a result. The possibilities for joint collaborative projects are endless.  


HIDDEN GEMS Crypto Weekly


ReducedLunch (REDU)


Reduced Lunch is a BEP20 token, hosted on the Binance Smart Chain (BSC). The intention of the smart contract is to allow peer-to-peer exchange of the $REDU token. The charity funding comes from the Fees for providing liquidity for the token. Reduced Lunch uses the $REDU token, but is not tied directly to the $REDU token. Reduced Lunch developers will have no control over what happens to the $REDU token, as it will become a community token. Once the ownership of the token has been renounced, $REDU will continue to exist with locked liquidity. The developers of Reduced Lunch are dedicated to the project succeeding. In order to fund projects for Reduced Lunch, the $REDU token will provide liquidity. Instead of funds being used directly from token reserves to fund charity, the decision

ReducedLunchBSC was made to make the charity fund passive. Farming will allow funds to be generated without damaging the token ecosystem. One of the charitable goals for Reduced Lunch is to be able to sponsor individuals, traveling across the globe, on mission trips and research endeavors. With access to these resources, communities will be able to combat food insecurity, build new schools, and have access to clean water. World issues abound and the suffering of the people seem to be neverending and the team knows there is a lot of work to be done with a token that is a designed ecosystem the capability to be paired with BUSD or BNB tokens to be and that will support long term benefits for all involved

Stardust (SD)




Stardust is a new platform for all in one staking, farming, swap, dapp and much more. Stardust Protocol aims to solve the problems of prior cryptocurrencies including mining rewards, farming rewards, and liquidity provisioning. Mining equipment can be both costly and harmful to the environment, but mining remains of interest due to the opportunities afforded by it. As an easy alternative to mining rewards, we propose allowing users to participate in a smart contract token reflection to produce tokens inside their own wallets. Another challenge remains to facilitate and maintain liquidity on decentralized exchanges. By nature, decentralized exchanges require liquidity for user participation, thus the responsibility is on the developers to


provide it. Historically, developers created incentives aimed at users to provide liquidity which can be outweighed by risk due to the subjectivity of impermanent loss. As a solution, we propose utilizing a smart contract function to automatically capture liquidity to be used on the decentralized exchanges and held in custody independent from user possession. Additionally, a smart contract that provides the capability to burn tokens can promote scarcity by reducing the total supply. Together, the combination of these tokenomics may afford far superior benefits for the community within the decentralized venue. Allowing these functions to be amplified and dependent on volume provides an ideal incentive to expedite adoption and foster new use cases.



Crypto Weekly



Royalbet (RBET)


The ROYAL BNB Team brings you Royal BET (RBET)First ever Royal Ecosystem extension with excellent play to earn utility. Bet on horses to win money, play to earn redefined in a never before experienced way in the BSCspace. With RBET, you’re not only joining a token, you’re joining a Royal family! If you want to earn rewards from the winnings you make from Royal Bet, we have the perfect system in place for you. By staking BNB in Royal BNB (RB), you will earn 15% BNB rewards every 12 hours!


What makes Royal BET different to other tokens? Royal BET gives you a chance to win from betting. The betting process involves purchasing a ticket. You simply choose which horse you predict either to win or to make the top 3. You can then experience the jaw-dropping adrenaline rush as you watch the animated game. Every play is fully randomized via the contract. If you win, your winnings will go straight into your BSC wallet in seconds. The Royal Ecosystem offers play-to-earn gaming with $RBET as well as outstanding rewards with Royal BNB. Simply stake your BNB in Royal BNB to receive 15% BNB Rewards every 12

SeamlessSwap (SEAMLESS)


Seamlessswap is a Binance Smart Chain-based cryptocurrency with a one-of-a-kind rewards platform with maximum payouts through a gaming platform, where buyers and sellers meet to transact based on long-term speculative and value views. Seamlessswap is based on Binance Smart Chain BSC (BEP20). This ecosystem is based upon automatic Rewards, LP Acquisition and Yield Farming. LP Acquisition is advantageous in cryptocurrency as it generates rewards by holding the coin and also generates a passive income. Seamlessswap also provides multifunction for the user, with a secure platform for Ultra-fast transactions, lower fees than other coins, and a burning function. Seamlessswap



is an eco-friendly currency that does not want to damage the environment, so that's why it disabled the mining function. No one can mine Seamlessswap. Every transaction in the Seamlessswap protocol leads to the automated creation of liquidity within the PancakeSwap LP, which operates on the concept of automatic LP. Seamlessswap distributes RFI static benefits to holders through static reflection, resulting in a continuous increase of their balance. Finally, Seamlessswap uses a manual burn approach, with burns managed by the team and promoted depending on performance. This is advantageous for long-term participants and helps to keep the community informed and rewarded.


FEATURE Crypto Weekly

Pawn My NFT Coming Soon on the Binance Smart Chain Some investors believe that bitcoin's rise reflects a belief that the U.S. will eventually resemble Weimar Germany in some ways as a post-2008 monetary policy designed to stabilize markets gives way to post-Covid monetization of U.S. debt loads. Here is where to find more information about the company


he ability to make instant offers sets Pawn My NFT apart from the competition. For selected NFT collections, an instant Pawn My NFT offer will be made. Pawn My NFT will allow users to pawn their Non-Fungible Tokens with smart contracts securing transactions. The PawnMyNFT website will then allow NFT Projects to purchase advertising space. Users will be able to create their own profile and participate in an upvoting system. Users will be able to use the Pawn My NFT Rarity Tool to check the rarity of NFTs listed by developers. NFTs that take advantage of new investors have thrived recently in the cryptocurrency space due to their lack of information. Pawn My NFT can change investors' lives by providing them with tools that they need to avoid untrustworthy projects by providing a safe entry into the NFT space by offering

pawnmynft token will be completely free of reward tokenomics, and investors won't have to worry about the complexity of rewards tokenomics. They will feel relaxed and secure in their investment and be able to trade freely.

educational discussions on trading NFTs and crypto. Pawn My NFT provides a secure BSC token, with low tax, reliable liquidity, no reflections, and no rewards, as opposed to delivering reflections in native tokens or rewards in the form of easy-to-understand tokenomics. Due to no trading restrictions, the

Every transaction in Pawn My NFT replenishes the token's liquidity via an automatic liquidity pool. Through the contract, tokens will be accumulated from each transaction, replenishing the Liquidity Pool, providing stability for the token, and ensuring a stable price floor. 9% of the buying price and 10% of the selling price is taxed. There is also a Telegram community with 24-hour voice chat where investors can learn about how to trade safely, grow their money, and make intelligent decisions on the Binance Smart Chain and the NFT Market. The Project uses a fully documented developer team, further ensuring the investors' safety and trust.



Advantages of

Cryptocurrency Over Fiat Currency The popularity of cryptocurrencies has grown over the years, creating a lucrative industry. It is essential to understand some of the main advantages that these digital currencies have over traditional fiat currency. There are many benefits to consider when investing in cryptocurrency (crypto); here are seven advantages that we will examine in more detail below.



Crypto Weekly

Ease of Use




Sound Privacy

Crypto enables you to make financial transactions with anyone, regardless of location, at the click of a button.


Since cryptocurrency doesn't require any personal information from you, the consumer, there is no risk of having your identity stolen or your credit card number shared with third parties like banks, payment services, advertisers, and credit-rating agencies. And because no sensitive data gets sent over the internet, there is minimal risk of it getting hacked or compromised in any way.



Cryptocurrencies are decentralized, which means they are not controlled by any one institution or government. Decentralization makes them available to you no matter where you are in the world or what happens to any of the global financial system's significant intermediaries.

There's no room for manipulation on the blockchain networks, thanks to their public nature. Every transaction is published without exception. This is a considerable advantage of cryptocurrencies. No one can change the transaction history or manipulate it in any way because everything on this network is visible for everyone to see.




Cryptocurrency payments are irreversible, significantly reducing the risk of fraud for merchants (unlike credit cards or checks). For customers, this means the potential to purchase their goods cheaper by eliminating one of credit card companies' main arguments against high processing fees.


The cryptocurrency blockchains are constantly checked by nodes, which verify them with overwhelming computing power in order for transactions on this system to stay valid. As time goes on, these security measures will only become more sophisticated.



The blockchain's safety is attributed to its being permissionless as well as open-source. This means that countless experts in the field have examined every aspect of cryptocurrencies' safety from a programmer's perspective--a computer scientist or cryptographer, for example, would have plenty of opportunities not only to look at how code works but also to assess what makes for good encryption algorithms to prevent loss.

Cryptocurrencies are quickly becoming the payment of choice for many consumers and with good reason. The advantages discussed above make them an attractive option to anyone who values their privacy or wants to

avoid dealing with traditional financial institutions like banks. If you want more information about cryptocurrencies, please check back weekly; our goal is to provide answers to the many cryptocurrency questions you may have!

If you find our content helpful in your understanding of this new technology, we ask you to share it on social media so others can learn all about how crypto is revolutionizing the way people pay for goods and services around the world.  


FEATURE Crypto Weekly

New Trick Scammers Use to Steal

Crypto Wallets Using Google Ads

Investors should be on the lookout for a new type of crypto fraud involving Google Adwords stealing cryptocurrency wallets. Check Point Research reports that over $500,000 worth of cryptocurrency was stolen just this past weekend.

Ads mimicking popular wallet brands like Phantom, MetaMask, and Pancake Swap, are being placed at the top of Google Search to trick users into giving up their wallet passcodes and private keys. GOBankingRates spoke with Oded Vanunu, head of products vulnerability research at Check Point Software Technologies, who says the amount stolen is not surprising and that Check

Point believes the amount has increased since a few more hacking groups have joined. Google search has ushered in a new era of cybercrime, according to Vanunu. Crypto domains are attractive to hacking groups since it is tough to get back stolen money. In the crypto market, hacking groups are always looking for very "innovative" ways to trick users."

If you already have a wallet, the fake website attempts to steal your passphrase, or it will provide a passphrase for a newly created wallet. By either method, the scammer gains access to your wallet and can steal all your cryptocurrency.



Crypto Weekly

Scammers place Google Ads on search queries related to crypto wallets to appear first. As a result, the victim clicks on a malicious link in a Google Ad and is taken to a phishing website that looks identical to the original wallet website.

used when the user installs a new wallet.He also advised that when trying to find wallets or crypt trading and swapping platforms in the crypto space, "always look for the first website in your search that is not an ad" because ads may mislead you into getting scammed by attackers. Last but not least double-check the URLs!

If you already have a wallet, the fake website attempts to steal your passphrase, or it will provide a passphrase for a newly created wallet. By either method, the scammer gains access to your wallet and can steal all your cryptocurrency. "I understand that it is confusing for crypto novices, and they can be exploited because they do not understand the applications they are installing," Vanunu said. However, he suggests that users should note some essential rules and take several steps to protect themselves. He pointed out that only the extension should create

the passphrase. "To understand if this is an extension or a website, always look at the browser URL," he said. Afterward, the extension will have an extension icon and a chrome-extension URL. No one would ever ask for users' passphrases, and users should never give them out. In addition, it is only

We previously reported that 2020 was a record year for investment and cryptocurrency scams - with 26,500 cases reported to the government, resulting in losses of $419 million - and 2021 is on track to beat them. In July, the Motley Fool said 2021 would be a record year for investment fraud, as 14,079 investment scams were reported to the Federal Trade Commission in the first quarter of 2021, and those victims lost $215 million. It seems that 2021 will be a record-breaking year for investment scammers because this represents about half of the total reported scams and losses in all of 2020.  


FEATURE Crypto Weekly

Cryptocurrency Investors Can Benefit from an Age-Old Strategy


avid Starr handles quantitative analysis and market indicators as part of Simpler Trading. He said that the recent rallies in bitcoin and Ethereum aren't over yet. Using Elliott Wave theory, Starr says he bought bitcoin and Ethereum in September, predicting that they will go up in the short term. Many things have happened in the markets that weren't supposed to. Markets reached record highs during a pandemic, and interest rates were sometimes zero. People made a killing by buying stocks and cryptocurrencies as a joke. People often feel that old tactics and old ways of thinking no longer work. Jesse Livermore and Benjamin Graham could have predicted nothing of this nature. The tried-and-tested methods remain useful. Using one of the oldest forms of technical analysis, David Starr made a successful cryptocurrency trade in the fall. Ralph Nelson Elliott developed Elliott Wave Theory in the 1930s. A long-

term surge can be interrupted by two downturns before an ultimate recovery, he said. Similarly, a long-term slump might include two rallies that can ultimately fizzle. Starr said that a move that goes against an asset's longerterm trend would have a three-wave structure or a combination of multiple three-wave structures. Elliott Wave is a concept that can tell traders something about the psychology of investors in an asset class or an asset and how comfortable they are at different prices. Potential investors can use that information to decide whether to invest or exit, just as Elliott himself did in 1935 when he identified a significant market low. With Starr's commentary, the chart shows how the severe sell-off in Ethereum this spring fits into that five-part pattern. David Starr says Ethereum's slump earlier this year and its breakout to record highs followed an Elliott Wave pattern. He advised traders to keep an eye out for a longterm trend, wait for a pullback to occur,

then enter a trade in the direction of the dominant trend. In late September, he recommended buying Ethereum and micro Bitcoin futures. According to Insider, he has sold most of his Bitcoin holdings.From my perspective, the moves up from September lows into new all-time highs in both Bitcoin and Ethereum don't appear to be over. Despite all-time highs, I don't think they are bearish, and I think they still have a ways to go. Starr says that the most common criticism of Elliott's theory is that the waves are only apparent in retrospect and cannot predict future price movements. Even though they can't give bulletproof forecasts, they can provide an investor a sense of an asset's most significant support levels based on research and intuition. The backward-looking nature of Elliott Waves is dealt with by Starr's tool, Voodoo Lines, which he describes as "combining some of that Elliott wave stuff, some Fibonacci stuff, and other stuff." "What the Voodoo Lines do is



Crypto Weekly

Markets reached record highs during a pandemic, and interest rates were sometimes zero. People made a killing by buying stocks and cryptocurrencies as a joke.

somewhat like saying, 'Let's reverse that problem.' Take the stuff from hindsight and project some current levels from it to figure out what level they will be interested in today." Starr believed that even if he were wrong about Bitcoin and Ethereum and they weren't about to rally, the direction of their past moves suggested he had a minimal downside in late September, and he had the confidence to buy when

he did. Having enough structure into that September low allowed me to enter when I believed the trend would continue, that we had ended a pullback in June and that we were on our way to new all-time highs that may well exceed those highs," he said. As long as Bitcoin stays above $53,800, it should reach $66,500 and beyond, while he will stick to Ethereum if it stays above $4,170. Once it does that, its next

big test will be at $5,134. Friday morning, Bitcoin was trading around $61,350, and Ethereum was at $4,480. Elliott Wave theory won't tell an investor if one cryptocurrency will outperform another, according to Starr. In addition, he is cautious about using the concept for assets that aren't as widely held, like newer cryptocurrencies, since the technique is more reliable when applied to a larger crowd. 

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