Category: Bitcoin Investment

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El Salvador’s ‘Volcano Bond’ Gets Regulatory Approval, Aims to Launch Early Next Year

El Salvador’s innovative Bitcoin (BTC) “Volcano Bonds” have received regulatory approval and are scheduled to be launched to the public in the first quarter of next year.

El Salvador’s National Bitcoin Office (ONBTC) says the country’s Digital Assets Commission (CNAD) approved the bonds after nearly two years of delays.

El Salvador’s pro-crypto president, Nayib Bukele, first announced in November 2021 that the Central American country would issue the bonds.

They were originally expected to launch in early 2022, but Bukele delayed them indefinitely when the BTC price fell.

The Bitcoin bonds, the first of their kind in the world, will be traded on Bitfinex Securities, according to ONBTC.

It’s not the only recent Bitcoin news for El Salvador: last week, the country launched a new “Freedom Visa Program” for high-net-worth individuals willing to shell out $1 million in BTC or USDT for a passport.

Bukele has long been a supporter of Bitcoin. El Salvador has more than $130 million in BTC, and the main crypto asset is recognized as legal tender in the country.

The president also says the country has “no intention of selling” its Bitcoin, despite BTC’s price surge this year.
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Robinhood Launches Cryptocurrency Trading in EU, Aims for Global Accessibility

Financial services company Robinhood has announced the launch of cryptocurrency trading in the European Union. “Just like we did with the stock market, our goal is to make cryptocurrencies more accessible and affordable for everyone, regardless of where they live,” the company explained.

Robinhood Expands Cryptocurrency Trading Services

Financial services company Robinhood launched its cryptocurrency trading platform in the European Union on Thursday, offering investors the ability to buy and sell more than 25 cryptocurrencies. Ad details:

   Today we launched the Robinhood Crypto app for all eligible customers in the European Union (EU).

EU residents over the age of 18 with compatible iOS and Android devices can now access Robinhood Crypto, the company clarified. The announcement details further: “Support for additional tokens, crypto transfers, crypto staking, crypto learning rewards, and more is expected to launch in 2024.”

Johann Kerbrat, CEO of Robinhood Crypto, commented: “We believe that cryptocurrencies are the financial framework of tomorrow and that they play an important role in our mission to democratize finance for all… The EU has developed one of the most comprehensive policies in the world for cryptocurrencies. asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans.”

Robinhood explained that as a publicly traded American company, it is regularly reviewed by third-party auditors and Robinhood Crypto has taken a conservative approach to supporting digital assets.

The platform’s trading volumes in stocks, options and cryptocurrencies increased in October compared to the previous month, according to data published in November. Stock trading volume increased 15% to $50.8 billion, options contracts traded increased 11% to $96.6 million, and cryptocurrency trading volume soared 92% to $2 .3 billion.
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Bitcoin Model That Predicted a Peak of $60,000 Now Targets $732,000 Next

The price of Bitcoin can be unpredictable. But surprisingly, a specific model managed to predict the 2021 peak above $60,000 already in 2019.

This same model now points to a peak close to $732,000 per coin. Is this a realistic estimate or pure hope? Let’s take a look at the model and find out.

Predict the latest bull market peak years in advance

In 2019, the preferred model for predicting future Bitcoin prices was the now-debunked Plan B Stock-To-Flow (S2F) model. But around the same time, Greg Cipolaro attempted to modify the S2F model with very accurate results.

While Plan B failed to raise the price per BTC above the projected $100,000, Cipolaro’s model peaked at around $60,000.

Bitcoin hit $65,000 in April 2021 and then $68,000 in November 2021. At the very least, BTCUSD beat its modest estimates, while the price fell below Plan B by miles.

The model is based on post-halving supply price targets. More important than what happened after the 2020 halving, however, is what Cipolaro’s model predicts after the next halving.

Could Bitcoin hit $732,000 after the 2024 halving?

While it’s notable to get it right just once based on Cipolaro’s model, it could be a matter of luck or coincidence. If the model works again, you are more likely to find something meaningful.

Especially when the next projected target is $732,000 per BTC. The target is much higher than most existing estimates, which point to between $100,000 and $200,000 per coin.

This represents an increase of approximately 1,800% from current levels. From the Black Thursday low of $3,800 to the 2021 high of $68,000 represents a return of almost 1,600%, so these figures are not out of the realm of possibilities for the king of cryptocurrencies.

During 2017 alone, Bitcoin increased by more than 2,000%. And this occurred after the price had already appreciated more than 400%. Today, Bitcoin is up 140% from its 2022 lows. Could the leading cryptocurrency by market cap add another 1,800% to reach the peak predicted by the model?

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Crypto Mining Investment

The Crypto Mining Investment Limited is a unique, financial gold, nickel and uranium mining  company whose business strategy is to acquire royalty interests in gold production from its core assets in the Lake Victoria greenstone belt of Tanzania. Since this year we started nickel and uranium exploration.


The Crypto Mining Investment Ltd. also values its role and responsibility to treat not only the natural resources, but also every person, with the utmost respect in all aspects.
 

Together with international investors our target is to become the central and east African leader in gold, nickel and uranium production.

Compared to traditional investments, the direct investment in the Crypto Mining Investment Limited provides high returns with weekly cash flow, particularly in today’s markets we can offer stable and risk free weekly returns.

Investors

We offer Investors 3 Investment Plans.

The 120 hours Plan offers you

Invest AmountReturn Amount
$600-$5,00020% of your deposit hourly for 120 hours(total 2400%)
$5,100-$15,00030% of your deposit hourly for 120 hours(total 3600%)
$15,100-$29,99950% of your deposit hourly for 120 hours(total 6000%)



The 48 hours Plan offers you 500% of your deposit per 6 hours for 48 hours(total 4000% in 48 hours)

The 24 hours Plan offers you 150% of your deposit hourly for 24 hours(total 3600% in 24 hours)
Your investment decisions are so important, we urge you to do your due diligence thoroughly.  Regardless of your level of initial commitment, our goal is to show you results that go far beyond your expectations.  We look forward to establishing a long-term relationship with all of our investors and have you reinvesting your profits with us for many years to come. No matter what country you come from, we accept Investors from every country in the world. We are only accepting Digital Currencies to save time and money for our investors.

– We accept Perfect Money ,Payeer and Bitcoin.
– We make payouts hourly.
– You can make additional deposits as many times as you like
– The minimum spend is $600 for all investment offers and the maximum is $1,000,000

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Bitcoin Sharks and Whales Settle for $2.2 Billion, But BTC Holds at $37,000

Network data shows that Bitcoin sharks and whales engaged in a sell-off worth around $2.2 billion last week.

Bitcoin wallets with 100 to 10,000 BTC have been sold recently

As analyst Ali noted in a post on X, large BTC investors may have reaped their profits recently. The indicator of interest here is the “BTC Supply Distribution”, which tracks the total amount of Bitcoin held by different groups of wallets in the sector.

Addresses or investors are divided into these groups based on the total number of coins they currently hold. For example, the 1-10 coin cohort includes all wallets with a balance of at least 1 and a maximum of 10 BTC.

In the context of the current discussion, the focus is on the range of 100 to 10,000 BTC. The group of 100 to 1,000 coins is popularly called “sharks”, while the group of 1,000 to 10,000 includes whales.

Both groups have significant values, so their behavior may be relevant to the market in general. Although whales are much larger than both and therefore have much more influence on the network.

This is a remarkable amount, and considering that the timing of the distribution coincided with BTC’s last break above the $37,000 level, it seems possible that these key holders participated in this massive sell-off to reap the profits they would have accrued at the meeting.

Sharks and whales also participated in some selling when BTC surpassed $35,000 last month, but both the rate and scale of the sell-off were lower compared to today as the supply distribution for these cohorts plummeted sharply this time around.

So far, though, despite this massive sell-off, Bitcoin hasn’t had much trouble staying around the $37,000 mark. The asset initially suffered a pullback when the sell-off began, as it fell back to $36,000, but quickly recovered.