Iran and Russia: Teaming up for Cryptocurrencies at Finex Conference

Exploring Blockchain and Cryptocurrency Potential

Representatives from these two nations recently huddled together at the hip International Financial Industry Exhibition (Finex) conference held in Tehran . Their mission? To dive deep into the world of blockchain and cryptocurrencies with a specific focus on exchanging Russian rubles for Iranian rials . Talk about breaking barriers .
Let’s take a step back and remember why these countries are so eager to cozy up . Both Iran and Russia have been hit hard by hefty international sanctions courtesy of the United States and the European Union . Russia got a slap on the wrist for stirring up the Ukraine war while Iran’s nuclear weapons program raised a few eyebrows.

Paving the Way for Economic Independence

But lately it seems like these historical allies are warming up to each other even more . They’ve been shouting from the rooftops about the urgent need to decrease reliance on the almighty US dollar and kick American influence to the curb . And guess what tool they’re eyeing for the job? Blockchain technology baby . Since it’s all about decentralization it perfectly aligns with their agenda.

FOR MORE INFO: https://dealsforcrypto.com/iran-and-russia-teaming-up-for-cryptocurrencies-at-finex-conference/

Commonwealth Bank Implements Measures to Safeguard Customers from Crypto Fraud

The growing popularity of cryptocurrencies has brought an increase in fraudulent activities within the crypto ecosystem . Numerous scams and malicious projects have caused significant financial losses for investors which encourages financial regulators to embrace stricter measures . Recent legal actions that were taken by the US Securities and Exchange Commission (SEC) against major crypto exchanges Binance and Coinbase have provided understandings into regulators’ future approach towards crypto companies .

Commonwealth Bank’s Proactive Customer Protection Measures

A multinational institution based in Australia; Commonwealth Bank has taken proactive steps to restrict payments to cryptocurrency exchanges . The bank’s official statement says that certain payments made to crypto exchanges may be subject to a 24-hour hold and some payments may even be rejected instantly . Additionally the bank is considering implementing a monthly payment limit for cryptocurrency exchanges in the near future .

FOR MORE INFO: https://dealsforcrypto.com/commonwealth-bank-implements-measures-to-safeguard-customers-from-crypto-fraud/

Block Earner Offers Secure Dollar and Gold Investments on the Blockchain

As the Dollar/TL exchange rate continues its upward trend and surpassing the 23 .3 mark, gram gold also sees an increase above 1,450 TL . Turkey Operations Manager of Block Earner Emrah Karadere highlights the resulting gap in sales channels and the conflict between buying and selling prices . As a response to this situation some investors are turning to USD Coin (USDC) and blockchain-backed gold (PAXG) to protect their investments .

Dollar/TL Surge Creates Gap in Sales Channels

The ongoing rise in the Dollar/TL exchange rate has led to the emergence of a gap in sales channels which affected both investors and traders . some investors have chosen to invest in dollar-indexed USD Coin (USDC) to navigate this gap while others have turned to blockchain-based gold (PAXG) . This strategic move allows users to take advantage of the volatility and trade securely even when traditional markets are closed .

FOR MORE INFO: https://fincurrency.net/block-earner-offers-secure-dollar-and-gold-investments-on-the-blockchain

DENT Coin Weekly Analysis And Price Prediction

This article will analyze the DENT coin according to www.coinmarketcap.com data. First, we will discuss the DENT coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is DENT Coin?

DENT Coin is a cryptocurrency that operates on the Ethereum blockchain. It is the native token of the DENT Wireless platform, which aims to disrupt and revolutionize the global telecommunications industry. The primary goal of DENT Wireless is to create a decentralized marketplace for buying, selling, and trading mobile data.

FOR MORE INFO: https://www.turkishnyradio.com/dent-coin-weekly-analysis-and-price-prediction/

Ethereum Burns Nearly $10 Billion Worth of ETH: Who Contributes the Most?

Since the execution of EIP-1559 in August 2021 the number of ETH burned on Ethereum has continued to rise . The recent success of The Merge has further contributed to making ETH deflationary depending on network activity . Until now nearly 3 .37 million ETH have been burned and over 745,000 demolished since The Merge in September . This accounts for 2 .8 % of the total ETH supply and is corresponding to almost $9 .8 billion .

ETH Distribution and Deflationary Impact

Since August 2021 the distribution of ETH has only increased by 3 million units which resulted in an inflation rate of 1 .42% . However with the existing rate of burn which averages 3 .5 ETH per minute since EIP-1559 the distribution has experienced a deflation by 0 .32 % .
Identifying the Top Contributors
To gain insights into the actors participating in the destruction of ETH, we examine the top contributors since EIP-1559 and The Merge . Uniswap consistently dominates the rankings across both periods while new trends surface such as Arbitrum’s growing importance and Blur’s rise in the NFT market . Notably OpenSea shifted from Wyvern to Seaport which showcases how smart contracts evolve over time .

FOR MORE INFO: https://dealsforcrypto.com/ethereum-burns-nearly-10-billion-worth-of-eth-who-contributes-the-most/

JP Morgan Expands Blockchain Footprint with 6 Indian Banks Joining Onyx

With a bold move towards technological innovation multinational banking giant JP Morgan has enlisted the participation of six prominent Indian banks in its Onyx blockchain project . HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank and JP Morgan’s local business in Gujarat are set to embark on a pilot project and aim to revolutionize real-time transactions in the realm of cryptocurrencies .
Onyx Blockchain Pilot Project Seeks to Enable 24/7 Real-Time Transactions
JP Morgan’s Onyx blockchain which follows the success of their initial blockchain venture Quorum, is now being put to the test by the collaborative efforts of six leading Indian banks . The primary objective of this pilot project is to facilitate round-the-clock real-time transactions and leverage the power of blockchain technology . While traditionally associated with cryptocurrency networks these transactions will be limited to US dollars and align with regulatory frameworks and the financial landscape in India .

FOR MORE INFO: https://dealsforcrypto.com/jp-morgan-expands-blockchain-footprint-with-6-indian-banks-joining-onyx/

Trust Wallet: A Secure Multi-Coin Wallet and DApp Browser for Cryptocurrency Enthusiasts

Trust Wallet is a highly secure and versatile cryptocurrency wallet that supports Ethereum and over 20,000 Ethereum based tokens . With its comprehensive features and user-friendly interface Trust Wallet has gained significant popularity among cryptocurrency enthusiasts . Not only does it offer multi-coin support but it also functions as a decentralized application (DApp) browser AND ALLOWS seamless access to various decentralized applications on the platform .

Complete Control and Unparalleled Protection: Managing Your Assets with Trust Wallet

The continuous growth of Trust Wallet can be attributed to its commitment to bettering user experience . The app has introduced several features some of which include support for ERC20 tokens, watch-only accounts, price charts and a DApp browser among others . Regular updates are released every two weeks to incorporate new functionalities, address issues and ensure security through necessary patches . Trust Wallet is available for both iOS and Android devices and provides a convenient solution .

FOR MORE INFO: https://www.turkishnyradio.com/trust-wallet-a-secure-multi-coin-wallet-and-dapp-browser-for-cryptocurrency-enthusiasts/

The Rise of Bitcoin: Exploring its Ideological Ties and Political Impact

In the early 2010s a revolutionary digital payment system that is called Bitcoin appeared and captured the attention of technologists and enthusiasts alike . Its rapid rise in value and utilization of blockchain technology differed it from other digital payment methods . However beneath its innovative surface a wave of extremist ideas gained momentum and as a result fueled debates around freedom, government interference and economic policies 

The Emergence of Bitcoin and Its Explosive Growth

Bitcoin’s value surged dramatically in 2013 which attracted the interest of investors and venture capitalists . Its decentralized nature and cryptographic foundation promised a new era of digital currency . While its financial success was undeniable the implications of its rise extended far beyond the realm of economics .

FOR MORE INFO: https://fincurrency.net/the-rise-of-bitcoin-exploring-its-ideological-ties-and-political-impact

Yield App Review 2023: Exploring Features, Interest Rates, Pros & Cons

Yield App Review 2023: Exploring Features, Interest Rates, Pros & Cons

Hey there! Welcome to this laid-back review of Yield App for 2023. Today, we’re going to take a chill dive into all the cool stuff Yield App has to offer as a lending platform. We’ll explore its features, talk about security, interest rates, fees, customer support, and even chat about the pros and cons. So grab a cup of coffee, sit back, and let’s get started!
Yield App is all about giving everyone a shot at the best investment opportunities, no matter if you’re a newbie or a seasoned pro. You can hop on board with just $100, and guess what? You don’t even need to be a financial or tech wizard. They’ve made the world of Defi super accessible for everyone. How cool is that? The platform pools user funds and invests them in a diverse portfolio of DeFi pools. It’s like a financial adventure waiting to happen!
Now let’s get down to business and figure out if Yield App is the lending platform of your dreams. We’ll start by checking out the pros and cons so you can get a quick snapshot of what to expect.

FOR MORE INFO: https://www.turkishnyradio.com/yield-app-review-2023-exploring-features-interest-rates-pros-cons/

Metropolitan Museum of Art to Return $550,000 in Donations from Collapsed Crypto Exchange FTX

The Metropolitan Museum of Art has made an important announcement regarding the return of $ 550,000 in donations it received from the currently inoperative crypto exchange FTX . The New York based Museum has confirmed its intention to repay the funds to FTX debtors following sincere and impartial negotiations as it is stated in a filing to the United States Bankruptcy Court in Delaware on June 2nd .

Met Museum’s Commitment to Repay FTX Debtors

After engaging in good faith discussions the Met Museum has expressed its desire to return the donations to the FTX debtors . The decision highlights the museum’s dedication to acting in the best interest of all parties that are involved and ensure transparency throughout the process .

FOR MORE INFO: https://fincurrency.net/metropolitan-museum-of-art-to-return-550000-in-donations-from-collapsed-crypto-exchange-ftx

Rabby Wallet: Your Ethereum-Compatible Wallet Alternative

Hey there If you’re feeling a bit fed up with the existing Ethereum compatible wallets out there we’ve got some good news for you . Introducing Rabby Wallet, the new kid on the block, offers a fresh and exciting alternative to popular wallets like MetaMask and Trust Wallet . Let’s dive in and check out what Rabby Wallet has in store for you.

What’s the Buzz about Rabby Wallet?

Rabby Wallet is brought to you by DeBank a Chinese company founded by the awesome Tang Hongbo . Even though they’re based in Singapore they’ve made a name for themselves by keeping tabs on over 800 decentralized finance (DeFi) protocols across a whopping 15 chains . Impressive right? And get this they even managed to raise a cool $25 million in funds for their development with big shot investors like Coinbase Ventures, Crypto.com and Circle Ventures jumping on board.

FOR MORE INFO: https://www.turkishnyradio.com/rabby-wallet-your-ethereum-compatible-wallet-alternative/

Discover Hidden Crypto Treasures with EarniFi

EarniFi which is created by DeFi Dawson is a powerful platform that allows users to track airdrops across various blockchains that include Ethereum, Binance Smart Chain and Polygon . Airdrops are often time sensitive and missing out on claiming them can mean losing out on free crypto . But no worries ! EarniFi has your back by sending you notifications whenever there’s an airdrop available for you to claim . Never miss out on an opportunity again . It doesn’t matter whether you’re a seasoned crypto enthusiast or just starting your journey EarniFi has got you covered .

Joining Forces for a Better Experience

In November 2022, EarniFi was acquired by the renowned crypto podcast Bankless with the aim of enhancing the tool even further . The team is actively exploring ways to combine the benefits of EarniFi with Bankless subscriptions promising an even more comprehensive and rewarding experience for users .

FOR MORE INFO: https://dealsforcrypto.com/discover-hidden-crypto-treasures-with-earnifi/

Koinly vs . TaxBit: A Detailed 2023 Comparison

With all the changes happening in the crypto world it’s super important to have a way to report taxes on it that’s both accurate and efficient . You wouldn’t want to deal with IRS after all . So there are these two cool platforms called Koinly and TaxBit that help people and businesses deal with the tricky world of crypto taxes . In this comparison we’ll check out the features, pricing and benefits of both platforms so you can make a smart choice based on what you need .

Koinly: Streamlining Crypto Tax Reporting

Koinly is a cool website that helps you with your crypto taxes . It makes it super easy to keep track of all your crypto stuff and report it for taxes . Koinly’s got you covered when it comes to reporting your crypto taxes with its easy-to-use interface and ability to integrate with lots of other stuff .

FOR MORE INFO: https://www.turkishnyradio.com/koinly-vs-taxbit-a-detailed-2023-comparison/

DeeLance Aims to Make Web3 Revolution a Reality in Business

The world of blockchain technology is evolving at a rapid pace and industries across the board are eager to tap into its potential for digital transformation. In recent years we’ve come to realize that many preconceived notions about blockchain were just plain wrong. High transaction fees ,double spending , online scams and data recovery issues turns out, blockchain can help prevent all that. And as the developing world faces new challenges like the remote work boom caused by the Covid-19 pandemic it’s clear that the blockchain industry has some gaps to fill.

Bridging the Gap: DeeLance’s Vision for Web3 and Freelance Recruitment

Enter DeeLance a crypto project that’s shaking things up by bridging the Web3 ecosystem with the freelance and recruitment industry. Their goal is to leverage blockchain technology and revolutionize the way we do business.
So what exactly is DeeLance all about? Well it’s a decentralized recruiting platform that operates on the Web3 framework. Their vision is to transform every aspect of business from hiring staff to building virtual facilities to attracting new customers through innovative advertising.

FOR MORE INFO: https://dealsforcrypto.com/deelance-aims-to-make-web3-revolution-a-reality-in-business/

Binance Loses Market Share Amid Regulatory Pressure and Tougher Competition

Binance one of the biggest players in the cryptocurrency exchange industry has recently experienced a significant drop in its market share . This decline can be attributed to a combination of regulatory actions taken by authorities in New York and the Commodity Futures Trading Commission (CFTC) as well as increased competition in the market . According to data from research provider CCData Binance’s market share has fallen by approximately 25 percent sliding from 57.5 percent to 43 percent.

New York Regulators and CFTC Investigations

In February regulators in New York put a halt to the issuance of BUSD Binance’s branded stablecoin. This stablecoin had been a significant contributor to the company’s monthly trading volume. As a result of this regulatory action Binance faced a decrease in liquidity on its platform putting additional pressure on the exchange. Shortly afterward the CFTC filed a lawsuit against Binance accusing the exchange of inflating its reported trading volume and profitability by accessing extensive information on its US customers. Binance has denied these allegations.

FOR MORE INFO: https://fincurrency.net/binance-loses-market-share-amid-regulatory-pressure-and-tougher-competition

Asian Markets are On Fire due to The US Debt Crisis Talks

Today Short positions on Asian Markets were on rise due to the uncertainty of the u .s . debt limit which indicated that Bitcoin tested under the 27 .000 $ with the 2% fall . But when European markets opened the support level became 27 .000 $ and it became stable around 27 .100 $ at the end of session . Likewise Ethereum short positions could not be separated from BTC despite showing a resistance . The price continues with 1870 $ under the influence of %1 .5 fall .

Unstable market continues in the short term

Market reviewers are of the opinion that the debt crisis will still influence the market in a negative way until the debt crisis is finalized . The debt ceiling agreement is expected to be done after the poll in the U .S . representative court and senate . The possibility of liquidity crisis is still seen as a big threat for the reviewers so the short term falls in crypto market is possible .

FOR MORE INFO: https://dealsforcrypto.com/asian-markets-are-on-fire-due-to-the-us-debt-crisis-talks/

Exploring LIRP: Pros and Cons of Life Insurance Retirement Plans

Hey ! Are you trying to save up for retirement in a safe and tax-friendly way? LIRPs are becoming more popular these days as an option for retirement savings instead of the usual 401(k)s and IRAs . LIRPs are pretty cool because they give you life insurance and a cash value that you can use for retirement . So we’re gonna talk about LIRPs in this blog post . We’ll go over the good stuff and the not-so-good stuff so you can figure out if it’s something you wanna do for your retirement . Sound good? Let’s get into it then .

What Are LIRPs?

So LIRPs are basically life insurance plans that also help you save up for retirement . LIRPs are pretty cool because they not only give your loved ones a payout when you pass away but you also get to stash away some cash that grows over time . So basically this money you got saved up can be a smart way to get some cash flow when you’re retired without having to pay too much in taxes .

FOR MORE INFO: https://www.turkishnyradio.com/exploring-lirp-pros-and-cons-of-life-insurance-retirement-plans/

Global Financial Leaders Embrace Crypto’s Potential, Ripple Report Reveals

According to a recent report by Ripple global financial leaders are increasingly optimistic about the prospects of cryptocurrencies . Despite challenges and negative headlines over 90% of these leaders believe that cryptocurrencies will have a significant impact on business and society in the next three years . Their long-term confidence in the industry remains strong, undeterred by the actions of a few bad actors .

Crypto Integration and Exploration: Financial Leaders Embrace Crypto Solutions

Ripple‘s report highlights that 79% of financial leaders expect to integrate crypto solutions into their businesses . Moreover more than three-quarters of respondents express a desire to explore crypto-related technologies including non-fungible tokens (NFTs) and stablecoins in the coming years . Notably those with experience in using cryptocurrencies demonstrate higher confidence recognizing their potential to drive real business value both now and in the future .

FOR MORE INFO: https://fincurrency.net/global-financial-leaders-embrace-cryptos-potential-ripple-report-reveals

Hong Kong to Allow Individual Investors in Cryptocurrencies, Launches CyberDefender Metaverse Platform

As of June 1 Hong-Kong is planning to take a significant step by letting individual investors to participate in the cryptocurrency market . This move highlights the city’s commitment to embracing Web3 technologies and expanding financial opportunities for the residents .

Hong Kong Police Force Launches CyberDefender Metaverse Platform

The Hong Kong Police Force has launched its new metaverse platform which is called CyberDefender, that aims educating the public about the potential risks associated with Web3 and the metaverse . During the launch event which was called “Exploring the Metaverse” CSTCB chief inspector Ip Cheuk-yu stressed that the metaverse is no safer than the internet and warned that all types of cyber-crimes can happen within this digital realm .

FOR MORE INFO: https://dealsforcrypto.com/hong-kong-to-allow-individual-investors-in-cryptocurrencies-launches-cyberdefender-metaverse-platform/

MiL.K Coin Weekly Analysis And Price Prediction

This article will analyze the MiL.K coin according to www.coinmarketcap.com data. First, we will discuss the MiL.K coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is MiL.K Coin?

MiL.k is a blockchain-based loyalty points platform that allows users to earn and redeem rewards across multiple brands and services. The MiL.k platform uses its native token, also called MiL.k, to incentivize users to engage with participating brands.

FOR MORE INFO: https://www.turkishnyradio.com/mil-k-coin-weekly-analysis-and-price-prediction/

ESMA Calls for Transparency on Regulatory Status of Crypto Assets as Crypto Firms Eye European Expansion

In a statement issued by the European Securities and Markets Authority (ESMA, the risks associated with unregulated crypto assets are brought to the forefront . ESMA expresses concerns about prudential and investor protection risks and urges investment firms to inform their clients about the regulatory status of these assets . As the adoption of the Crypto Asset Markets Regulation (MiCA) looms the importance of transparency in the crypto space becomes increasingly crucial .

Investment Firms Advised to Inform Clients About Regulatory Protections

ESMA places a strong emphasis on investment firms taking proactive steps to ensure that their clients are well-informed about the regulatory status of the products they offer . The financial watchdog recommends that companies clearly communicate to customers when regulatory protections do not apply to their products or services . By enhancing transparency and disclosure investment firms can empower clients to make informed decisions and navigate the evolving landscape of crypto assets .

FOR MORE INFO: https://dealsforcrypto.com/esma-calls-for-transparency-on-regulatory-status-of-crypto-assets-as-crypto-firms-eye-european-expansion/

CMBS Loans: Pros and Cons Explained (2023)

Investing in commercial real estate can make you some serious cash . On the flip side, it usually takes a ton of money . Hey, if you’re looking into financing options for commercial properties one thing to consider is CMBS loans (aka Commercial Mortgage-Backed Securities) . In this blog post we’re going to have a little chat about the pros and cons of CMBS loans in easy-to-understand language so you can figure out if they’re a good fit for your investment plan .

Starting With the Basics: What are CMBS Loans?

So basically CMBS loans are a way to finance commercial real estate by combining a bunch of different loans and selling them off to investors as bonds . Usually these loans are supported by properties that generate income such as offices, hotels, malls and storage spaces . So basically the money made from these properties is what they use to back up the loans .

FOR MORE INFO: https://www.turkishnyradio.com/cmbs-loans-pros-and-cons-explained-2023/

Glassnode Analysis Sheds Light on BTC Deposits: Long-Term Holders Profiting, Short-Term Holders Facing Losses

Blockchain analysis firm Glassnode has provided interesting data into the cryptocurrency market by examining Bitcoin transactions on exchanges based on profit/loss situations . The analysis showcased an overall negative trend of 0.7 which indicates that Bitcoin is flowing into the stock markets at a loss . However when analyzing the tendency to enter the stock market based on ownership period a significant divergence emerged between long-term and short-term holders.

Long-Term Holders Benefit from Favorable Market Conditions

Long-term Bitcoin holders known for their belief in Bitcoin’s potential exhibited a positive trend of 1.73 . This suggests that the BTC they deposit on exchanges is in profitable . These investors strategically capitalize on favorable market conditions demonstrating confidence and patience in adhering to their long-term investment commitments .

FOR MORE INFO: https://metaversegazette.net/glassnode-analysis-sheds-light-on-btc-deposits-long-term-holders-profiting-short-term-holders-facing-losses/

How Does Your Life Insurance Affect Home Buying?

Life Insurance is and essential financial way that protects you and your loved ones and make sure you their safety By ensuring that your loved ones will have financial support in case of your death, it gives you peace of mind . Having life insurance can protect your family’s future, cover remarkable debts and give assets to fundamental costs like home loan installments, education and daily living expenses . When it comes to assisting your loved ones in maintaining their standard of living and overcoming financial difficulties during trying times, life insurance plays a crucial role .

Using life insurance to buy a house

Using life insurance to buy a house normally includes the usage of a particular kind of life insurance policy that is mortgage insurance or decreasing term life insurance . The purpose of this policy is to provide a death benefit that decreases in proportion to the mortgage balance over time .

FOR MORE INFO: https://www.turkishnyradio.com/how-does-your-life-insurance-affect-home-buying/

TEL Coin Weekly Analysis And Price Prediction

This article will analyze the TEL coin according to www.coinmarketcap.com data. First, we will discuss the TEL coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is TEL Coin?

TEL Coin, or Telcoin, is a cryptocurrency that aims to provide mobile remittance services and payment solutions using blockchain technology. It operates on the Ethereum blockchain as an ERC-20 token.
The Telcoin platform aims to make international remittances faster, cheaper, and more accessible for everyone by leveraging the power of cryptocurrencies. Users can instantly send TEL Coins across borders at low transaction fees compared to traditional banking methods.
Telcoin has partnered with various telecom operators worldwide to offer its services through its existing mobile payment infrastructure. The company also provides a suite of APIs (Application Programming Interfaces) that developers can use to easily integrate Telcoin’s features into their applications.

FOR MORE INFO: https://www.turkishnyradio.com/tel-coin-weekly-analysis-and-price-prediction/