Cryptonaire Weekly Magazine Edition 188

CRYPTONAIRE

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CONTENTS WEEKLY CRYPTOCURRENCY MARKET ANALYSIS...............................................................................................................5 CRYPTO TRADE OPPORTUNITIES...............................................................................................................................................7 PRESS RELEASE..................................................................................................................................................................................12 THE ALOHA DEFI ECOSYSTEM: STAKING, NFTS, DAO AND MASS ADOPTION................................................12 SUBSCRIBING TO NETFLIX, SPOTIFY AND PHYSICAL PRODUCTS IN ONE PLACE? INTRODUCING SUBME.CASH!...14

ADVERTISE WITH US .......................................................................................................................................................................16 ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD..................................................................................................17 Coinbase Is Adding Assets at Record Pace in 2021 ......................................................................................................17 Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks...................................................................19 Federal Reserve Discussing Bitcoin and Crypto with Market Advisors Including PTJ, Ray Dalio ..................21 Mexico’s 3rd Richest Man Bashes Fiat as “Fraud,” says Bitcoin Should be in Every Investor’s Portfolio...22 Indian Investments in Crypto Have Exploded...................................................................................................................24 Strong Hands Accumulating Bitcoin in Massive Amounts, According to On-Chain Analyst Will Clemente...25 Huobi Reveals Countries Where It Has Halted Derivatives Trading.........................................................................27 Cathie Wood's Ark Invest teams up with 21Shares to file for Bitcoin ETF...............................................................28 John McAfee's Death Ignites 'Dead Man's Switch' Theory — Widow Says He 'Was Not Suicidal'...............30 Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC ......................................31 COOP NETWORK – AN ECO-FRIENDLY PUBLIC CHAIN ADAPTED TO THE NEEDS OF A COMMUNITY......................32 ZUMO – WHERE TRADITIONAL CURRENCIES AND CRYPTOCURRENCY MEET.................................................................38

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Editor’s Letter

Britain’s Financial Conduct Authority (FCA) became the latest regulator to announce a crackdown on crypto trading. The FCA has banned Binance Markets Limited, the UK division of Binance, from undertaking “any regulated activity in the UK.” However, the exchange’s spokesperson told CNBC: “The FCA U.K. notice has no direct impact on the services provided on Binance.com ... Our relationship with our users has not changed.”

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE COOP NETWORK – AN ECO-FRIENDLY PUBLIC CHAIN ADAPTED TO THE NEEDS OF A COMMUNITY & ZUMO – WHERE TRADITIONAL CURRENCIES AND CRYPTOCURRENCY MEET In our previous analysis we had recommended traders buy the rebound off £21,000 and the market gave two opportunities to buy on June 22 and 26. The stops for this trade can be kept just below £20,000.

Bitcoin is currently facing resistance at the 20-day exponential moving average but the bears have not been able to sink the price back below £23,620. This suggests that the selling pressure may be reducing.

The bullish divergence on the relative strength index also supports the view that the bearish momentum may be waning.

If the bulls drive the price above the 20-day EMA, the BTC/GBP pair may rise to the 50-day simple moving average where the bears are likely to mount another stiff resistance.

However, the possibility of the bulls pushing the price above the 50-day SMA is high. If that happens, the pair could rally to £29,350 where traders can book profits on 50% of their position and trail the stops on the rest.

A breakout and close above the £30,000 to £31,005 resistance zone will suggest that the downtrend has ended.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Karnav Shah

Enjoy the issue!

Co-Founder, CEO & Editor-in-Chief



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CRYPTONAIRE WEEKLY After mentoring thousands of crypto traders around the globe, we have culminated all of the consistent and ongoing requirements of crypto-traders into one place.

Our Cryptonaire Weekly magazine includes expert technical analysis, providing trading opportunities to our subscribers as well as fundamental analysis so our readers can keep up to speed with the current developments in the crypto markets.

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Featuring in this weeks Edition: - World Mobile Token - Aloha DeFi - Subme Cash - Zumo - The Coop Network - Asia BroadBand - Amber Group - Werewolf Also Get, - Markets Analysis - Market News Update - Read Our Latest Blog: COOP NETWORK – AN ECO-FRIENDLY PUBLIC CHAIN ADAPTED TO THE NEEDS OF A COMMUNITY ZUMO – WHERE TRADITIONAL CURRENCIES AND CRYPTOCURRENCY MEET

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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, welcome to this week’s 188th edition of Cryptonaire Weekly Magazine. The global crypto market cap is $1.41 Trillion, up $80 billion since the last week. The total crypto market trading volume over the last 24 hours has increased by 12.34 % to $82.14 Billion.

The DeFi volume is $6.53 Billion, 7.95% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $64.46 Billion, 78.48% of the total crypto market’s 24-hour trading volume.

Bitcoin’s price has increased 6.04% from $32,800 last week to around $34780 and Ether’s price has increased 8.42% from $1,960 last week to $2,125.

Bitcoin's market cap is $653 Billion and the altcoin market cap is $757 Billion.

Britain’s Financial Conduct Authority (FCA) became the latest regulator to announce a crackdown on crypto trading. The FCA has banned Binance Markets Limited, the UK division of Binance, from undertaking “any regulated activity in the UK.” However, the exchange’s spokesperson told CNBC: “The FCA U.K. notice has no direct impact on the services provided on Binance.com ... Our relationship with our users has not changed.”

The sharp price correction and the regulatory actions in the past few days have not reduced the institutional interest in Bitcoin. Ricardo Salinas Pliego, the third richest man in Mexico, recommended investment in Bitcoin and called it the “new gold.” Salinas, also said he is working with Banco Azteca to make it the first bank to accept Bitcoin. However, Mexico’s central bank shot down this idea and said that cryptocurrencies are outlawed from being used by the country’s financial institutions.

In another sentiment booster, Cathie Wood’s Ark Invest became the latest to file for creating a bitcoin exchangetraded fund. According to the Securities and Exchange Commission filing, the ETF’s investment objective is to track the performance of Bitcoin and if approved, it will trade under the ticker symbol “ARKB”.

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Percentage of Total Market Capitalization (Dominance)

Bitcoin

46.11%

Ethereum

17.45%

Tether

4.42%

Binance Coin

3.21%

Cardano

3.02%

Dogecoin

2.36%

XRP

2.13%

USD Coin

1.80%

Polkadot

1.09%

Uniswap

0.74%

Others

17.67%

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CRYPTO TRADE OPPORTUNITIES BITCOIN - BTC/GBP

In our previous analysis we had recommended traders buy the rebound off £21,000 and the market gave two opportunities to buy on June 22 and 26. The stops for this trade can be kept just below £20,000.Bitcoin is currently facing resistance at the 20-day exponential moving average but the bears have not been able to sink the price back below £23,620. This suggests that the selling pressure may be reducing.

The bullish divergence on the relative strength index also supports the view that the bearish momentum may be waning. If the bulls drive the price above the 20-day EMA, the BTC/GBP pair may rise to the 50-day simple moving average where the bears are likely to mount another stiff resistance.

However, the possibility of the bulls pushing the price above the 50-day SMA is high. If that happens, the pair could rally to £29,350 where traders can book profits on 50% of their position and trail the stops on the rest.

A breakout and close above the £30,000 to £31,005 resistance zone will suggest that the downtrend has ended.

This bullish view will be invalidated if the pair turns down from the current level and plummets below the £20,000 support. Such a move could open the doors for a further decline to £15,000.

Previous Analysis...

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ETHEREUM - ETH/GBP

Ether bounced off the £1,216.19 support on June 22 and again on June 26. This suggests that the bulls are aggressively defending this support. Hence, on the way down, this becomes an important level to watch out for.

The relief rally of the past three days has reached the 20-day EMA where the bulls are facing resistance. However, the 20-day EMA is flattening out and the RSI has risen above 45, indicating that bulls are trying to form a bottom.

If buyers propel the price above the 20-day EMA, the ETH/GBP pair could rise to the downtrend line.

The 50-day SMA is close to the downtrend line, hence the bears may defend this level aggressively.

If the price turns down from the downtrend line but does not break below the 20-day EMA, it will indicate that the sentiment has turned positive and traders are buying on dips.

Conversely, if the price turns down from the current level, the bears will try to reassert their supremacy by pulling the price below £1,216.19. If they succeed, the pair may plummet to the psychological support at £1,000.

Previous Analysis...

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RIPPLE - XRP/GBP

XRP is trading inside a descending channel. Both moving averages are sloping down and the RSI is below 40, indicating that bears are in control.

The XRP/GBP pair bounced off £0.3668 on June 23 but the bulls are struggling to push the price to the breakdown level of £0.53566. This suggests a lack of aggressive buying by the bulls even at these levels as they are not confident that a bottom has been made.

If the price turns down from the current level or the overhead resistance and plummets below £0.3668, the pair could drop to the support line of the descending channel.

On the other hand, if the bulls drive the price above the 20-day EMA, it will suggest that the selling pressure has reduced in the short term. The pair may then rise to the 50-day SMA. We are not proposing a trade in it as the trend is down.

Previous Analysis...

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CARDANO - ADA/GBP

Cardano rebounded off the £0.71 support on June 22, suggesting that the bulls are defending this level aggressively. The bulls have not allowed the price to slip and sustain below this support since February 24, hence this becomes an important level to watch out for.

The bounce has reached the 20-day EMA where the bulls are facing resistance from the bears.

However, the bulls have not given up much ground, suggesting that the selling pressure is reducing.

Both moving averages are flattening out and the RSI has risen above 45, indicating that the bulls are making a comeback. If the buyers push the price above the 20-day EMA, the ADA/GBP pair could rise to the 50-day SMA. Contrary to this assumption, if the price turns down from the current level, the bears will make one more attempt to sink the pair below the £0.71 support. If that happens, the pair could witness panic selling.

Previous Analysis...

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BINANCE - BNB/GBP

Binance Coin bounced off the £160 support on June 22, indicating that buyers are accumulating on dips. The bulls will now try to push the price above the 20-day EMA. If they manage to sustain the price above this resistance, the BNB/GBP pair could rise to the 50-day SMA and then to £305.44. This level is likely to act as a stiff resistance.

If the pair turns down from this level, the range-bound action is likely to continue for a few more days.

However, the moving averages are sloping down and the RSI is in the negative territory, indicating advantage to the bears.

If the price turns down from the 20-day EMA, the bears will try to pull the pair below the £160 support. If they succeed, the decline could extend to £120. As the trend remains bearish, we are not recommending a trade in it.

Previous Analysis...

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PRESS RELEASE THE ALOHA DEFI ECOSYSTEM: STAKING, NFTS, DAO AND MASS ADOPTION

Decentralized Finance (DeFi) is a hot topic in the market right now, but it is still far from reaching its true potential. ALOHA is a progressive London-based company developing an exciting suite of products perfectly structured to tap into the true potential of DeFi, featuring an ecosystem designed to provide users with as much earning potential as possible, and focusing on ease of use, seamless usage of tokens, cross-platform functionality, and easily realisable compounding of gains.

THE ALOHA ECOSYSTEM The ecosystem comprises the following: – Aloha DAO – where users participate in the governance process and determine platform changes – ALOHA NFT’s – Unique assets that operate on a themed seasonal basis. NFT’s can be used to participate in the DAO, as well as to sell/swap or to hold and receive exclusive opportunities for early participation in future events, such as the upcoming SHAKA token launch.

– Aloha Wi-Fi Mobile App – Allows users to earn ALOHA by sharing their mobile hotspot and IOT (Aloha walkabout) Cryptonaire Weekly | June 29th 2021

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– Marketplace (launches in July 2021) Users can spend rewards earned at local and national Aloha affiliated retailers – Aloha 4 Business (goes into beta testing in July) Retailers have the option to accept Aloha as payment for services, collected Aloha can be used to pay for targeted advertising to the Aloha community via the marketplace – Academy Coming in July 2021 – The Academy has been developed to help users that are new to crypto to be able to get the best out of its platforms – Shaka farming The new SHAKA token is built on the Polygon network, which reduces gas fees and transaction times. SHAKA also has a supply cap of 100 million tokens. Shaka has been created to enhance the Aloha Ecosystem and offer more DEFI services to its community.

Martin Regan CEO at Aloha says;

"Aloha has already come a long way since inception, and the addition of the DeFi elements has taken it to another level, enabling us to engage with a far wider community and become part of the exciting DeFi world. We are now well placed for the next step change in our development, and both I and the team are extremely excited to take Aloha to the next level in our journey.

I fully believe that Aloha will generate significant opportunities for growth and stakeholder value as we continue to develop our business model, and I look forward to keeping the community appraised of developments."

Platinum Crypto Academy and Cryptonaire Weekly CEO Karnav Shah expressed, “It’s exciting to provide exposure for a company like Aloha DEFI which is the gateway to the DeFi world with NFTs, staking, and a DAO platform that utilizes NFTs. The Platinum Crypto Academy looks forward to working with Aloha DEFI on providing maximum exposure to the crypto community.”

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SUBSCRIBING TO NETFLIX, SPOTIFY AND PHYSICAL PRODUCTS IN ONE PLACE? INTRODUCING SUBME.CASH!

The global subscription e-commerce market growth was valued at US$ 13.23 billion already in 2018 and is still rapidly growing (in many countries at the 100% a year rate). The transition to a subscription based economy additionally accelerated with the COVID-19 pandemic, which made us stay at home and introduced many to the digital economy.

Subme is a project which aims to disrupt the current state of market by introducing the possibility to subscribe to everything from physical products to charity donations or investment opportunities.

While doing so, Subme wants to additionally become your personal management center where you can unsubscribe and subscribe to your favorite services such as Netflix, Spotify or Photoshop while being crypto friendly. The project already raised $1.5 M in the private and public sales and is awaiting it’s last $600 000 public sale on 29th of June. Whitelists are open on https://subme.cash/

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CHANGING THE RULES OF THE GAME Most of us struggled in some point of our life with the unsubscribing to an online service. The companies, often unethically, don’t want to us unsubscribe from their service. Subme wants to bring back control to the people, so they can manage their subscriptions in one place.

The other way that Subme wants to change the subscription market as we know today is to provide a way for customers to subscribe to real life products and services. One of the problems of today’s world is lack of time, and being able to receive products on a recurring basis could help to save a lot of it. This is why Subme will allow delivering products such as wines, coffee or superfoods on a recurring basis. This model of sales is not only beneficial to the customer but also the retailers as they mean constant revenue streams which are more predictable. Subscription also provides higher average customer lifetime value, and brand loyalty, which is build over time.

THE $SUB TOKEN PUBLIC SALE The heart of the Subme ecosystem is $SUB token. It is given to the Subme customers in the form of the cash back. From the investor standpoint, $SUB token is a chance to have an exposure to the Subme sales revenue as 5% of it will be quarterly used to buy back $SUB tokens from the market!

The last chance to get Subme tokens before the listing is to join the whitelist at Subme.Cash and provide your BEP-20 address. The last public sale is only $600 000 with limited space (whitelist lottery).

Karnav Shah CEO of Platinum Crypto Academy & Cryptonaire Weekly expressed “It’s an absolute pleasure to be working with Subme. Subme helps us to change the way we think about subscriptions and how to order physical products, services as well as saving up and donating to charities. We say look forward to the upcoming edition of Cryptonaire weekly to find out more about Subme subscribe everything.”

“We are happy to be featured on Platinum Crypto Academy” says Bogusz Kończak CEO at Subme.

“We need to create strong partnerships with companies involved in the crypto market. Subme is the essence of partnerships, we aim to help companies and people stay connected, using services they love!”

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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD Coinbase Is Adding Assets at Record Pace in 2021

After a slow start, Coinbase is adding assets more rapidly than ever before—a move that will likely benefit many new crypto projects.

Coinbase has added 29 new assets for trading in 2021 alone.

The company says it plans to add every asset where it is legal to do so.

Coinbase, which became the first U.S. crypto company to go public in April, has been an industry leader in many things—but listing new assets was historically not one of them. This became apparent during the 2017 ICO (initial coin offering) boom when Coinbase only offered trading of three tokens beyond Bitcoin, as new rivals like Binance sprung up that offered dozens of cryptocurrencies.

Coinbase has since picked up its pace aggressively. It added 21 new assets for trading in 2020, and 29 new assets, including Polkadot and Dogecoin rival SHIB, in the first half of 2021 alone. That's more assets added in the first half of 2021 than in any prior six-month period.

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Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks

The platform’s total number of staking addresses grew 8 percent.

According to data aggregation platform PoolTool, Cardano (ADA) added more than 50,000 staking addresses in three weeks’ time, reflecting a substantial 8% growth in less than a month.

Cardano’s total staking addresses surpassed the 600,000 milestone in early June as the attention around the platform continues to grow.

Recent developments Currently, Cardano has a total number of 659,301 staking addresses from 2,647 active pools and its total staked value is $29,44 billion, accounting for 71,27% of the $41,3 billion total supply.

Cardano’s price witnessed its all-time high on May 16, when it reached $2,46 but like most of the market, it experienced a downward trend and since then witnessed a 49% plunge.

Since its price hit a 90 day low on June 22, dropping to $1,02, Cardano managed to bounce back and is currently trading at $1,27.

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Federal Reserve Discussing Bitcoin and Crypto with Market Advisors Including PTJ, Ray Dalio, & BlackRock CEO

The Federal Reserve may not be making any strides when it comes to the regulation of the cryptocurrency sector, but they sure are trying to understand it.

Earlier in February, the Fed of New York had a meeting with external market advisors that didn't include an expert from the crypto sector.

According to the minutes of the Investor Advisory Committee on Financial Markets, committee attendees included Ray Dalio of Bridgewater Associates, Paul T. Jones of Tudor Investment, Rick Rieder of BlackRock, and Scott Minerd of Guggenheim Partners. These investors have recently started investing in crypto with Jones, one of the biggest Bitcoin advocates who recommends investing 5% of the portfolio in BTC. William Ackman of Pershing Square Capital Management, Gregory Davis of Vanguard, David M. Rubenstein of The Carlyle Group, and others were also the attendees.

While talking about the rising popularity and price appreciation of cryptocurrencies earlier this year, some committee attendees saw bitcoin and other cryptocurrencies as an alternative store of wealth, comparable to traditional ones such as gold, as per the meeting minutes.

Other attendees saw the prices potentially exhibiting bubble-like characteristics and noted that bitcoin was not useful from a financial transaction standpoint.

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Mexico’s 3rd Richest Man Bashes Fiat as “Fraud,” says Bitcoin Should be in Every Investor’s Portfolio

Ricardo Salinas Pliego says he is working on making his bank the first in Mexico to accept Bitcoin, which he called “the new gold.”

Mexican billionaire Ricardo Salinas Pliego said his bank is on the way to start accepting Bitcoin.

“Sure, I recommend the use of Bitcoin, and me and my bank are working to be the first bank in Mexico to accept Bitcoin,” Mexico’s third-richest man and owner of Banco Azteca said in a tweet in response to Michael Saylor, the billionaire founder and CEO of Microstrategy.

Saylor quoted a video in which Salinas said Bitcoin should be part of every investor’s portfolio and bashed fiat currencies, calling them “fraud” and “stinky.”

Salinas shared that he has been studying cryptocurrencies a lot and found that it’s an asset that has international value and trades with enormous liquidity at a global level, and that is enough reason for it to be part of every portfolio.

According to him, the finite supply of Bitcoin, 21 million, is the “key” part, and that’s why he doesn't believe anything that Ethereum does because it doesn't have a finite supply.

“For all I know, they emit more, and your asset depreciates.”

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Indian Investments in Crypto Have Exploded

Crypto investments in the country have surged to $40 billion from $200 million a year ago.

Indians’ investments in the crypto market have surged to $40 billion, data from blockchain analytics firm Chainalysis reveals. The figure compares with last year’s $200 million, Bloomberg reported Monday.

It’s a considerable jump, demonstrating a shift in thinking among the country’s youngest investors away from the precious metals that older generations in the country typically favor.

“I’d rather put my money in crypto than gold,” said entrepreneur Rishi Sood, who was cited in the report. “Crypto is more transparent than gold or property and returns are more in a short period of time.”

More than 15 million Indians are now trading crypto, roughly 8 million fewer than in the U.S. and many more than the U.K.’s 2.3 million, according to the report.

Despite the regulatory roller coaster Indians have faced from the country’s central bank, courts, and political corridors, crypto is beginning to take root in the country of 1.33 billion.

Meanwhile, India’s financial regulators are considering classifying bitcoin as an asset class under a bill that could be presented as soon as next month.

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Strong Hands Accumulating Bitcoin in Massive Amounts, According to On-Chain Analyst Will Clemente

Closely-followed analyst Will Clemente says he’s seeing on-chain signals indicating that strong hands are aggressively buying the Bitcoin dip.

Clemente tells his 123,400 Twitter followers that in the past month, long-term holders have quietly accumulated massive amounts of BTC to offset the selling of short-term holders.

“In the last 30 days, long-term holders have added 579,940 BTC to their holdings while short-term have reduced their holdings by 521,983 BTC.” Looking at short-term holders, Clemente highlights a tweet from Lex Moskovski, CIO of cryptofocused hedge fund Moskovski Capital, showing how these entities are parting with their BTC and taking losses comparable to the bear market of 2018 and the coronavirus-induced panic in March last year.

“Bitcoin short-term holders capitulated yesterday. They took losses on par with all the major drawdowns in Bitcoin history.”

While short-term holders sell, Lex Moskovski emphasizes that billions and billions of dollars worth of capital are flowing into exchanges in the form of stablecoins, suggesting that investors who are staying on the sidelines are getting ready to enter the crypto markets.

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Huobi Reveals Countries Where It Has Halted Derivatives Trading

The exchange is scaling back trading services in response to China’s crackdown on crypto.

Crypto exchange Huobi is prohibiting customers in 10 countries or regions from trading derivatives, including mainland China and retail investors in the U.K., according to an updated User Agreement.

The list came more than a month after the exchange said it would ban futures contracts and some leveraged investment products in “a few specified countries and regions,” as CoinDesk first reported.

The exchange has already barred people in another 11 countries from crypto transactions and provision of related services, according to the new agreement. These countries or regions include the U.S., Canada, Japan, Iran, North Korea and Crimea.

The full list includes the following: Anyone from mainland China, Taiwan, Israel, Iraq, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, Sevastopol and the U.K. (in the U.K., retail investors only) is prohibited from using the derivatives trading services provided by Huobi’s website.

Use of the transaction of digital assets and provision of related services by persons located in the U.S., Canada, Hong Kong, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela and Crimea is prohibited.

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Cathie Wood's Ark Invest teams up with 21Shares to file for Bitcoin ETF

Wood recently asserted the crypto downtrend has improved the chances of a Bitcoin ETF securing regulatory approval.

Ark Investment Management has become the latest firm to file for a Bitcoin exchange-traded fund (ETF).

According to a June 28 filing with the United States Securities and Exchange Commission (SEC) submitted in partnership with European exchange-traded product issuer, 21Shares, the ETF would be listed on the Chicago Board Options Exchange’s (CBOE) BZX Exchange and trade under the ticker ARKB. The ETF would also track the S&P BTC index, with the trust underpinning the ETF also holding BTC directly. The filing has received praise from the crypto industry.

Cathie Wood, the CEO and founder of Ark Invest, also serves as a board member to 21Shares.

According to CoinShares, 21Shares is currently the fourth-largest institutional crypto product issuer by assets under management with more than $1 billion.

ETF analyst, Eric Balchunas, told BNN Bloomberg that if approved, the Bitcoin ETF would be of significant benefit to 21Shares, allowing the firm to penetrate the U.S. market.

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John McAfee's Death Ignites 'Dead Man's Switch' Theory — Widow Says He 'Was Not Suicidal'

At age 75, the former antivirus tycoon and cryptocurrency advocate, John McAfee, passed away by reported suicide. McAfee was a wild and charismatic man but prior to his death, he was facing tax-related charges and extradition to the United States. For the last few days, the internet has seen myriad theories and assessments of McAfee’s wild rollercoaster of life and death.

Jeffrey Epstein Conspiracies and a ‘Dead Man’s Switch’ Theory Follow McAfee’s Death in Spain Three days ago, Bitcoin.com News reported on the death of John McAfee after the Catalan justice department in Spain announced his alleged suicide. Prior to McAfee’s reported death, the Spanish high court ruled in favor of the U.S. government’s attempt to extradite him. Spanish officials told the newspaper, El Pais, that “everything pointed to suicide.”

However, when the news went viral on the web, many said they believe McAfee would never take his own life, and speculation about a ‘dead man’s switch’ conspiracy began to circulate. Basically, a dead man’s switch is a switch that is activated when the human operator is either dead or incapacitated in some way.

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Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC

The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC. Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets.

The Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 28,298 shares of the Grayscale Bitcoin Trust, or GBTC, as of April 30, according to a June 28 filing with the United States Securities and Exchange Commission. At a current GBTC price of $29.68, Morgan Stanley’s exposure is worth roughly $840,000.

The exposure was worth over $1.3 million at the end of April, according to the filing.

Morgan Stanley's Europe Opportunity Fund is designed to seek maximum capital appreciation by investing in assets that "the investment team believes are undervalued at the time of purchase."

Grayscale is by far the world’s largest crypto asset manager, with $29 billion in assets under management. The Grayscale Bitcoin Trust accounts for the lion’s share of assets at over $21.7 billion.

Read more...

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COOP NETWORK – AN ECO-FRIENDLY PUBLIC CHAIN ADAPTED TO THE NEEDS OF A COMMUNITY

In human history, one of the most important developments of the financial world is cryptocurrency.

The volatile nature of the crypto market draws and keeps various recreational investors on the sidelines. However, a new and less volatile cryptocurrency investment is gaining popularity nowadays.

These are the digital tokens that represent real-world assets and provide numerous opportunities to transform business like the AABB Gold token which is a gold-backed crypto. An excellent way to avoid inflation is to invest in commodities-backed cryptocurrencies, which use precious metals as their source of value.

The best part about this venture is that it revitalises a business model based on membership in which profits are shared in a socially conscious way rather than benefiting the few on top. Lately, cryptocurrency investment has been the talk of the town, but people lack the know-how and the real incentives to understand and make rational decisions when it comes to investing their hard-earned money.

The Coop Network decided to assist and make people aware of what they should be looking for and how they can benefit from it. The Coop Network has put a light on blockchain benefits and their value, cryptocurrency investments to NFTs targeting every aspect while prioritising the well-being all-in-all of its members, keeping things legal and safe.

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WHAT IS THE COOP NETWORK? THE MYSTERY BEHIND THE NAME On one bright morning of September 2020, five extraordinary skilled members joined hands to give birth to this initiative. They named it ‘GEOMA DAO COOP’, where ‘GEO’ means earth, ‘MA’ comprises the two initials of the term management, and ‘DAO’ are the three initials of the words Decentralised Autonomous Organisation. Thus, the tagline, ‘Coop network’, is derived from the term co-operative network. An immensely thoughtful name that collectively becomes Geoma Dao Coop touches and highlights every aspect of this venture, and it highly synchronises with its objectives. It aims at cooperating with the community to help them grow up and above the common economical ways. The Coop Network indeed got lucky with this brilliant bunch of founders when it comes to the title.

THE AIM OF THE NETWORK The Coop Network aims to be a beacon showing that utilising such modern-day technology the digital and the analog world can come together in a fashionable way.

The enterprise “Geoma Dao Coop” and its founders played their part in creating the possibility. They believe that profits are not created equal; Those who carry social benefits are considered to be better. Sharing profits this way can be done with ease using blockchain. In general, it allows people from across the globe with mutual goals and visions to interact and prosper together.

THE NEED OF THE TIME “Good things take time,”said the wise man. And every great business starts small.Change is inevitable, and people, like you and me, should adapt to this new direction the world is going. The Coop Network has assisted many people not only learn crypto but also invest in cryptocurrency.

Blockchain is becoming more and more part of our future although the technology is not easy to be understood by the majority of people. Going through the Coop Network’s website will let you know everything about the investment in cryptocurrency and the benefits of blockchain.

WHAT ARE THE BASIC FEATURES OF THE COOP NETWORK? Cycle chart with four Elements. Step chart, option diagram, template. Creative concept for infographics, presentation, project, report. Can be used for topics like management, workflow, teamwork.

The Coop Network is built for value and utility. The value is represented by the security token and the backbone of the entire Network is the utility token. The utility features include:

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GOVERNANCE A Co-op as an enterprise is governed by its members. Proposals and votes are performed in a decentralisedmanner. Members vote for the governance council, those people which are the bridge between the analog and digital world.Any member, fit to take over responsibility and is of high moral and ethical standard, is eligible into the governance council. The governance council members are not employees. They are retributed on merit and achievements. Members do also propose and vote on business planning and investments.

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DEFI (DECENTRALISED FINANCE) The Coop Network accommodates a Lending Union. The utility coin is used for staking, lending and borrowing, factoring as part of this feature. Also, an audited stable coin with a Fiat bridge will be implemented onto the Network in order for members to cash out with ease their profits.

OPEN ACCOUNTING SYSTEM POLICY The open accounting system has the purpose of full transparency towards the members of the network. Members can see on what and for what money are spent.

ASSET SYSTEM Assets are security tokens on The Coop Network Blockchain. Security tokens are bearer of dividends. Dividends will be distributed automatically by the system to each security token holder.

HOW THE COOPNETWORK HELPS USERS GROW IN THE BLOCKCHAIN SPACE Blockchain is the latest yet safest technology when it comes to confirm transactions of any kind. It is far from being a so-calledscam. It is based on mathematics, oncryptography. It was introduced by Satoshi Nakamoto, a person or a group of persons, to the larger public in 2009 with a published White Paper. The Proof of Work principle was used to confirm transactions and to secure the blockchain. This kind of principle uses a lot of electrical energy thou. Therefore, a new principle, the Proof-of-Stake principle came forward like a knight in shining armour.

– The Coop Network uses PoS technology with a foreign feature instead of the well-known mining feature. It is in the beginning a little more difficult to secure the blockchain but as its users grow the blockchain becomes more and more secure.

– It lets its users learn about blockchain and become a member of the network without any hassle.

– You put your money to where your mind is and thus get exposure to like-minded people.

– This is a very user-friendly network that open-heartedly allows the users to be a part of the venture and move on in their lives.

– The Coop Network has emphasised the sustainability factor. They let the members interact but within certain limits of respect, honesty, and integrity. The goal of the whole system is to climb up together, not to make others fall and stand tall yourself.

These and many more factors played their part in making The Coop Network a great endeavour.

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WHICH BENEFITS DOES THE COOP NETWORK PROVIDE TO ITS MEMBERS? The Geoma Dao Coop Network is made entirely for its ongoing and potential members. It is also a member-run network itself, with a package of benefits for the users. Besides the blockchain benefits, the coop network provides its users with several advantages to make the system as userfriendly as possible. These benefits are to draw the members in the chain.

EASY TO USE WALLET The Coop Network wallet is user friendly and includes all necessary apps for smooth functioning within the co-operation. Oncethe forging function is started, the user becomes a validator of transactions and is given a reward. [H4] As the world moves toward a digital age, criminals and thefts also have increased in number. People fear the loss of their revenues and thus do not step into such networks. The Coop Network has solved all such prevailing problems. The network’s goal is to build trust between its members and provide them with the best possible services.

APPLICATIONS The Coop Network has planned to develop multiple applications, not just for businesses but also for consumers. These applications will eliminate the use of paper, and everything like inventories will be traced in them. In addition, it will allow businesses to keep a check on the supply chain. In this way, it minimises the risk of stock production in excess that results in a loss. On the other hand, consumers can also check and learn about the quality of the product they have to purchase by using QR codes.

TRANSPARENT SUPPLY CHAIN The Coop Network will contribute to creating a trustworthy market, keeping transparency on top of the list. Through the application, consumers will be able to track everything regarding their product, from their delivery status to their quality assurance. It will assist in gaining trust and commitment and make the business do wonders. The rating system will also be introduced for the buyers to know about the experience faced by previous customers.

These and many more services are in the making for the members of the Coop Network.

CONCLUSION It is imperative that we encourage and take advantage of enterprises that are attempting to introduce blockchain technology more and more into daily life. The Coop Network ensures the best way to learn about cryptocurrency-investing opportunities. The Geoma Dao Coop is a rising enterprise that will soon shine in the world. We should all sign up and get registered with it before it gets bigger and pricier. An eco-friendly public chain adapted to the needs of a community awaits you with open arms.

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Ledger has recently integrated ParaSwap in the Ledger Live App. It’s a DEX aggregator that allows you to exchange Ethereum tokens at the best rate by comparing the price of different DEXs like Uniswap, Sushiwhap or Bancor. And by using ParaSwap through the Ledger Live app, you have the best security as you are using you Nano.

To use this feature, you will need: Ledger device, the Ledger Live app and finally, an exchange application to install on your Ledger device.

– Borrow Ledger is working with Compound ($COM) to allow users to lend out DAI, USDT, and USDC through a compound decentralised finance (DeFi) protocol. The purpose of this is to enable lenders to earn annual interest rates.

In addition, there are many benefits of using Ledger for lending:

– Control You have the right to control and prove that the cryptocurrency you lent and generates interest belongs to you. This is because the lending on Ledger is done through Compound. When you borrow on the platform, you will get “cTokens” in return. These cTokens represent proof of your ownership of the loaned cryptocurrency and the interest generated. These cTokens are stored by you until you want to lend out assets and interest; in this case, all you have to do is send the cTokens back to the smart contract.

– Security cTokens are stored in your Ledger hardware wallet.

– Convenience You can directly use Compound’s loan function through Ledger Live.

Using Compound and Ledger Live for lending and encryption only requires 3 simple steps. First, on Ledger Live’s Manager, install the app for the cryptocurrency you want to lend and create an account. Second, enable your account to authorise Compound’s smart contract to interact with your account. Finally, select the amount of cryptocurrency you want to lend, then issue a transaction to Compound, verify and approve the transaction on your device.

BENEFITS OF USING THE LEDGER NANO X WALLET The Ledger Nano X is designed as a mobile device that you can take with you wherever you go. It connects wirelessly to the Ledger Live app on your smartphone, so you can easily conduct secure transactions anywhere.

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ZUMO – WHERE TRADITIONAL CURRENCIES AND CRYPTOCURRENCY MEET

WHY IS IT IMPORTANT TO CHOOSE A SAFE CRYPTO WALLET? As a cryptocurrency investor, one of your key priorities is to keep your investment safe. By choosing the right kind of crypto wallet, you safeguard your money and make sure you have full personal control over what you do with it.

The non-custodial crypto wallet Why use a crypto wallet to store your money in the first place? One of the important things to understand about crypto is the importance of your private key. Your private key is the unique cryptographically generated key that controls access to your funds. Simply put, whoever has your private key has your money.

That leaves you with two choices. Either you trust someone to take care of your private key for you. This is what happens when you buy and keep cryptocurrency on the big crypto exchanges, for example. Or you take responsibility for it yourself – what is known as a non-custodial solution.

The advantage of this is security and control. A non-custodial crypto wallet allows you to take personal custody of your private key (and therefore your money), providing a more secure way to look after your funds and meaning that you and only you decide how you handle your money.

Different types of non-custodial crypto wallets Cryptonaire Weekly | June 29th 2021

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There are plenty of different options when it comes to choosing a non-custodial crypto wallet, each with their own advantages and disadvantages. These include:

Hardware wallets: A physical device that allows you to store your keys offline, connecting to a computer only to make transactions.

Desktop wallets: Wallets that rely on software installed locally on your PC. Mobile wallets: A wallet that allows you to store assets digitally through an app on your phone or tablet.

Paper wallets: A piece of printed paper detailing your private and public keys.

Whichever option you choose, it’s critical to examine the security of the provider you are considering. Not all wallet providers will have the same level of security measures in place, and poor security practices could leave you exposed.

ZUMO MONEY: WHAT IS IT, AND HOW DOES IT WORK? If you’re interested to find out more about holding your crypto in a non-custodial crypto wallet, you might well be interested in the Zumo Money mobile app.

Zumo Money is a secure yet easy-to-use crypto wallet smartphone app that stores Bitcoin, Ether, and more. Engineered to get you comfortable with crypto, it allows you to make easy transactions on the go with a flat fee of 0.5% for buying, selling and exchanges. Transactions are also subject to blockchain fees (the fee charged to process and verify transactions on the blockchain, see the full Zumo guide here). These are transparently displayed to the user before they make a transaction.

A key benefit of Zumo Money is the convertible Visa card, which allows Zumo app usersto convert their crypto into British pounds and spend anywhere that accepts Visa. Hold your British pounds and your crypto in one convenient app, and manage all your money in one place. Currently, the card is virtual, with a physical card coming soon. If you’d like to find out more, or sign up for the convertible card, you can visit Zumo’s page here.

All in all, Zumo Money combines all the best benefits of security, usability and flexibility. All you have to do is download the app, choose an ID, and you’re good to go. It’s a non-custodial crypto wallet, meaning that you have full control of your funds and private keys. That’s what makes it a leading crypto wallet in the UK.

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WHAT IS BSV? Bitcoin Satoshi Vision (BSV) is a derivative of Bitcoin Cash, which is itself a derivative of Bitcoin. It uses essentially the same blockchain, with some amendments that have targeted the dual benefits of cheaper transaction fees and increased transaction capacity.

The name comes from its supporters’ belief that BSV aligns with the original vision of Satoshi Nakamoto, who first published the white paper explaining Bitcoin.

It is the third cryptocurrency supported by Zumo, with Zumo users able to hold and receive BSV. To find out more about BSV and its benefits, read the latest Zumo BSV guide.

Created in 2018, BSV aims to scale transaction capacity and thereby provide a scalable Bitcoin solution while allowing users to benefit from reduced fees.

IS ZUMO COMPATIBLE WITH BSV? Zumo will shortly be supporting BSV as well as Bitcoin and Ether. As a UK crypto wallet, it also supports GBP transactions and has a virtual Visa debit card. This means Zumo users get exposure to a variety of cryptocurrencies, as well as traditional money. For more information about Zumo’s virtual debit card, please read the section below.

BEST CRYPTOCURRENCY INVESTMENT OPPORTUNITY WITH THE ZUMO MONEY APP Zumo Money’s unique features help it stand out from other crypto apps. Zumo is one of the best crypto wallets with some of the most sophisticated security and most user-friendly interface. Its wallet Cryptonaire Weekly | June 29th 2021

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WEEKLY CRYPTO investment journal stores both Bitcoin and Ether as well as the upcoming introduction of Bitcoin Satoshi Vision (BSV).

Currently, only a few wallets support BSV in the UK, making it a good choice for those interested in holding the cryptocurrency. Zumo also offers the ability to shop online using the virtual Visa debit card. It even includes price alerts so you can react to market volatility in seconds. If you ever need pounds fast, you can convert your crypto assets to GBP in minutes.

To celebrate the introduction of BSV to the Zumo app, you can enter a giveaway to win £10,000 of BSV by simply downloading and activating the Zumo app. You must have your profile approved and deposit at least £1 to qualify. Participants must live in the United Kingdom in order to qualify for the giveaway. activating the Zumo app. You must have your profile approved and deposit at least £1 to qualify.

Participants must live in the United Kingdom in order to qualify for the giveaway.

Zumo also ensures privacy and security for customers. Once you have installed the app, you will need to pass KYC (Know your customer) checks to activate it. Many countries have started imposing regulations on crypto exchanges to protect investors. Data leaks, fraud and scammers are just some of the threats prevented by proper KYC. KYC is used to verify customers to ensure that the transactions made on the platform are genuine and not made by scammers. In addition, it keeps a record of each user’s past transactions. Zumo goes to extra lengths to safeguard the privacy of its users. You can read about Zumo’s due diligence with sensitive data in its privacy policy.

ZUMO’S VISA DEBIT CARD – A QUICK OVERVIEW Virtual debit cards are similar to their physical counterparts. You can use them to make an online purchase as you would with a regular debit card. The key difference is that a virtual debit card isn’t a physical card.

There’s no card to lose, or even a PIN for that matter. For these reasons, virtual debit cards are more secure than physical ones. Virtual payment cards aren’t just useful when travelling; they’re also handy for everyday purchases. You can use them for online shopping or booking hotels and flights online.

Virtual debit cards linked to a UK crypto wallet in the UK are even better. They allow holders to exchange their crypto into British pounds and virtually spend all their assets, however they are stored. These cards can be used anywhere online that accepts major credit cards, and cannot be easily cloned and stolen.

If you want to learn more about how to use the Zumo virtual debit card, you may wish to consult the FAQs. This has many troubleshooting tips like how to freeze or unfreeze your card or report it stolen.

It also details Zumo’s anti-fraud measures to protect your assets. With all these security measures in place, you can be confident and assured with the Zumo Money crypto wallet.

CONCLUSION In conclusion, Zumo Money is a fantastic solution for anyone who needs a non-custodial crypto wallet in the UK. It’s the easiest to use, fastest and most convenient wallet in the UK market. The best part of this app is that it’s entirely free to get started. If you want the best crypto wallet for your crypto assets, then Zumo Money is a perfect choice. With its beautiful interface, it will make holding cryptocurrencies as easy as ordering an Uber.

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