SupplyShock(M1)

The founder of Cosmos Hub has detailed plans and discussions on forking the network to create AtomOne, which has sparked rumors of an airdrop to ATOM stakers.

Yet another day in the crypto game and things are heating up. Investors are on the grind, ready to pounce on any price movements and dig up some serious gems in the market. Several investors are discovering the potential of Sparklo, a platform that aims to provide a new alternative-investment platform on the blockchain network. Sparklo is believed to be the next big thing that investors have been searching for since the crazy price surges of those OG cryptos. However, shockingly, more than 80% of Cardano (ADA) holders are unsafe, while Shiba Inu (SHIB) community anticipates a cold wallet. Sparklo (SPRK), the investor's favourite in the midst of others Sparklo is a revolutionary alternative investment platform on the blockchain network that's still in its presale phase. With Sparklo, you might be investing in a blue-chip crypto investment with enormous growth potential and the possibility of a high return on investment. Investing in Sparklo early turns out to be a wise decision for many investors. Currently priced at just $0.022, investors can take seize this opportunity to invest in a very promising project like Sparklo. The Sparklo platform has been audited by the InterFi Network, its liquidity will be locked for 100 yeras and the team completed their KYC verification. All of these aspects increase the level of trust, security and appeal of the Sparklo platform. Savvy investors recognize that investing early in projects like Sparklo is often where significant profits are made. However, this opportunity is limited and investors need to act fast to capitalize on this offer. Sparklo is undoubtedly a very promising investment opportunity that investors should consider exploring further. >>>> BUY SPRK TOKENS <<< Surprisingly 80% of addresses are unsafe for Cardano (ADA) holders More than 80% of Cardano (ADA) holders, or over 3.53 million addresses, are losing money right now, according to IntoTheBlock. However, of those Cardano (ADA) addresses, only 682,920 (or around 16%) are profitable. At the current Cardano (ADA) price of $0.33 per token, an additional 173,770 holder addresses, or 4% of the total, are profitable. This is intriguing because it coincides with the beginning of April when the local peak of Cardano (ADA) token trading occurred. That is to say, investors bought a lot of Cardano (ADA) because of the price action, only to be locked in with Cardano (ADA) losses the very following week. Those losses have continued to compound over the past four weeks for Cardano (ADA). Expect a huge announcement about the new Shiba Inu (SHIB) cold wallet The Shiba Inu (SHIB) community may anticipate that the chilly "cold" wallet, with its innovative tech and eye-catching appearance, will meet their needs. This week, the Shiba Inu (SHIB) community may expect to hear some big news about the impending cold wallet. Recent disclosure has sparked rumors that the wallet may be revealed as soon as this weekend and it is anticipated that it will serve the entire Shiba Inu (SHIB) ecosystem. An anonymous developer leaked the information today on the Shiba Inu (SHIB) Discord server. If all goes as planned, the Shibarium1 promises an announcement or update on the Shiba Inu(SHIB) cold wallet within the next few days. A well-known figure in the Shiba Inu (SHIB) community tweeted recently to draw attention to the latest revelation but did not specify when exactly. Find out about the Sparklo presale using the links below ● Buy Presale: https://invest.sparklo.finance ● Website: https://sparklo.finance ● Twitter: https://twitter.com/sparklo_finance ● Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Hong Kong, the soon-to-be promised land for crypto, will reportedly issue regulatory guidelines on its licensing regime for crypto exchanges in May. Hong Kong&rsquo;s Securities and Futures Commission (SFC) is set to publish guidelines on its licensing framework for cryptocurrency exchanges in May. According to reports by Bloomberg, which cites the SFC&rsquo;s Chief Executive Officer Julia Leung, the consultation process leading up to the regulatory framework, garnered over 150 responses from industry players. Julia Leung, CEO, the Securities and Futures Commission Hong Kong speech at Bloomberg #virtualasset #esg #wealthconnect #ifc pic.twitter.com/M1eCHLP1VZ &mdash; Finance Mandarin 漢通金融學院 (@FinanceMandarin) April 27, 2023 Trading Platforms to Offer Retail Trading Services from June According to Bloomberg, the licensing regime will welcome support to crypto trading platforms that will offer trading services to retail investors from June 1. Christian Hui, the Secretary for Financial Services and the Treasury in Hong Kong, said during a speech in March that the city received overwhelming interest from more than 80 crypto-related firms that want to set up shop in the city. Secretary Hui added that regulations planned since last year to establish a licensing regime for virtual asset service providers (VASPs) would take effect in June. Reuters reports that OSL and Haskey are among the only trading platforms already receiving licenses from the SFC. Hong Kong&rsquo;s Crypto Ambitions In October, the city announced its desire to become the next global crypto hub. Since indicating its ambitions, Hong Kong regulators have been adjusting its regulatory framework to attract crypto firms struggling to establish themselves in an environment conducive to developing and using crypto assets. Hong Kong&rsquo;s commitment to virtual assets has grabbed the attention of firms struggling with the lack of clear guidelines in the US. Several firms such as Coinbase, Kraken, and Binance have warned that they might exit the US if regulators fail to provide clear rules. In response to regulatory confusion in the US, many crypto firms have begun the process of applying for operating licenses in the city. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

Jameson Lopp, the man who fills the role of lead developer at BitGo, a Blockchain security company, has carried out a calculation which evaluates just where Bitcoin stands, in terms of its relative value, in relation to other major currencies. Lopp's calculations, based on a clone money aggregator M1 index that he created, puts Bitcoin at 32nd in value in the world money supply. This puts Bitcoin just above Singapore and South Africa, and just below Finland and the United Arab Emirates, in the world currency value league table. In Lopp's index, narrow money is used as a metric to determine the value of a currency. The 'narrow money' of a country is every piece of existing currency, from paper money, to coins, to electronic currency in bank accounts. Any liquid assets owned by a nation's central bank are also considered. Using this metric, Lopp arrives at a figure of $122,406,125,890 for Bitcoin. Bitcoin, along with anything cryptocurrency related, poses a problem for economic analysts, in that it operates as both a commodity and a currency on world markets. This makes it tricky to classify properly, and therefore to assess its economic impacts accurately. A recent decision by the CME Group to sell Bitcoin futures, has helped its value to rise. But it also benefits from being like a currency, due to its liquid nature. Nevertheless, predictions have been made from some quarters that the total market share for cryptocurrencies could breach the $1 trillion mark in 2018, with much of that growth directly linked to the original cryptocurrency, Bitcoin. Once it reaches that point, Bitcoin has to be considered a major player on the world currency markets. A $1 trillion market cap would put Bitcoin in eighth place on world currency value lists, ahead of Spain and just under Italy, which is the lowest ranked country with $1 trillion worth of narrow money.

Jameson Lopp, the man who fills the role of lead developer at BitGo, a Blockchain security company, has carried out a calculation which evaluates just where Bitcoin stands, in terms of its relative value, in relation to other major currencies. Lopp's calculations, based on a clone money aggregator M1 index that he created, puts Bitcoin at 32nd in value in the world money supply. This puts Bitcoin just above Singapore and South Africa, and just below Finland and the United Arab Emirates, in the world currency value league table. In Lopp's index, narrow money is used as a metric to determine the value of a currency. The 'narrow money' of a country is every piece of existing currency, from paper money, to coins, to electronic currency in bank accounts. Any liquid assets owned by a nation's central bank are also considered. Using this metric, Lopp arrives at a figure of $122,406,125,890 for Bitcoin. Bitcoin, along with anything cryptocurrency related, poses a problem for economic analysts, in that it operates as both a commodity and a currency on world markets. This makes it tricky to classify properly, and therefore to assess its economic impacts accurately. A recent decision by the CME Group to sell Bitcoin futures, has helped its value to rise. But it also benefits from being like a currency, due to its liquid nature. Nevertheless, predictions have been made from some quarters that the total market share for cryptocurrencies could breach the $1 trillion mark in 2018, with much of that growth directly linked to the original cryptocurrency, Bitcoin. Once it reaches that point, Bitcoin has to be considered a major player on the world currency markets. A $1 trillion market cap would put Bitcoin in eighth place on world currency value lists, ahead of Spain and just under Italy, which is the lowest ranked country with $1 trillion worth of narrow money.