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CryptoSignals.org – The Best New Crypto Signals Provider for 2021

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Cryptocurrency trading can be challenging even for experienced day traders. The market is extremely volatile, there are dozens of top coins to follow, and trade setups can appear and disappear in seconds.

CryptoSignals.org is a service designed to help cryptocurrency traders navigate this complex environment. This Telegram signals group offers BTC and ETH crypto signals to help members trade short-lived setups and profit from the daily movements of the cryptocurrency market.

CryptoSignals.org seeks to return 1,500 pips each month from BTC crypto signals alone. The group has quickly earned a reputation as the best new crypto signals provider for 2021.

About CryptoSignals.org

The roots of CryptoSignals.org began in 2014, when a group of traders broke into what was then still a very young cryptocurrency market. The traders saw a need for a reliable system to trade around the price of Bitcoin and built a custom trading framework that incorporates fundamental analysis, technical analysis, and artificial intelligence.

The result is a series of trading signals for BTC, ETH, LTC, and XRP that boast an overall success rate of 82%. All CryptoSignals.org trading signals are built around setups with a risk-to-reward ratio of 1:2 or 1:3 by trading in the direction of the overall market. This ensures that CryptoSignals.org is able to maximize profit potential while minimizing downside risk.

CryptoSignals.org uses a combination of strategies including scalping and swing trading to maximize opportunities for trading in different market conditions. In addition, the group’s algorithm-driven trading system is at work 24/7 since the cryptocurrency market never sleeps.

CryptoSignals.org Telegram Group

After years of development, the traders behind CryptoSignals.org are making their trading system accessible to the public through free and paid crypto signals Telegram groups.

Anyone can join CryptoSignals.org’s free crypto signals Telegram group regardless of their past cryptocurrency trading experience or their portfolio size. The free group includes 3 signals per week and you only need to enter your name, email, and phone to sign up.

The CryptoSignals.org premium Telegram group includes instant access to all of the group’s trading signals for a total of 2-3 crypto signals per day. A membership costs £35 paid monthly, £65 paid quarterly, £95 paid bi-annually, or £175 paid annually. All membership periods come with a 30-day money-back guarantee, so there’s no risk when you sign up with CryptoSignals.org.

CryptoSignals.org has also partnered with three cryptocurrency CFD brokers – Longhorn FX, Eightcap, and AvaTrade. Traders who open new accounts with these brokers get free lifetime access to the premium CryptoSignals.org Telegram signals group.

Each CryptoSignals.org trading signal includes 5 key components for traders to watch.

  • Trading Pair: CyrptoSignals.org trades BTC, ETH, LTC, and XRP
  • Long or Short: Digital currencies can be traded in either direction
  • Limit: The target entry price for the trade
  • Stop-loss: A stop-loss price to minimize downside risk
  • Take-profit: A target price at which to exit the trade for a profit

All signals are accompanied by a detailed explanation of the setup and an annotated chart for technical analysis, so traders have an opportunity to learn and make their own trading decisions.

Start Trading with CryptoSignals.org Today

CryptoSignals.org offers paid and free crypto signals Telegram groups for trading BTC, ETH, LTC, and XRP. The service’s trading signals have a success rate of 82% and CryptoSignals.org seeks to profit at least 1,500 pips from BTC crypto signals every month.

CryptoSignals.org – The Best New Crypto Signals Provider for 2021

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Visa Testing Crypto-Based Transaction Settlement Systems

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The COVID-19 pandemic has done quite a number on the world’s economy, one many parts of society have yet to recover from. The blockchain industry, however, managed to get severely crippled by it and recover to brand new all-time highs directly after. One of the crypto space in general’s key wins, particularly Bitcoin’s was a new frenzy of positive sentiments regarding both companies and institutions, as both started to make heavy investments by the millions of USD into the space.

Visa Seeing Crypto Demand

Many nations tried to counteract the damage of the economic downfall by printing money. They did so by way of various stimulus packages. This, alongside the fears of inflation and the budding NFT space, has growth be the prime idea behind the crypto space at large. The industry itself is growing and people hold fears that the fiat space is weakening. Many a company has now incorporated crypto services into its offering, with Visa being one of the more prominent ones.

Guy Sheffield stands as the Head of Crypto at Visa, and gave a public statement to Reuters about the matter. He highlighted that the demand to hold, use, and otherwise access digital currencies have increased by the company’s customers. Thus, Visa’s clients are demanding products to help provide access to these things for the consumer.

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Innovating With The Times

Visa is aiming big, making an announcement on Monday. This announcement revealed that it will allow for crypto-based payment settlements in the future, having partnered with the Anchorage crypto bank and the Crypto.com exchange platform for the pilot as a whole. Users of Crypto.com boasting a prepaid Visa card from said exchange will be capable of paying for goods through it. All they need to do is top it up with their respective crypto balances.

Prior to this move, any sort of settlement like this would involve Crypto.com wiring fiat currency to Visa at the end of each day in order to settle any processed transactions of that day. This pilot, however, will see Visa using USD Coin (USDC) in order to settle transactions. USDC is a stablecoin pegged 1:1 on the USD, making every USDC worth one USD proper.

Through this action, Visa has chosen the Ethereum blockchain to settle its various transactions and completely removing the fiat part of these crypto settlements. This, in turn, means that Crypto.com will now make use of USDC in order to settle transactions.

Plans To Expand

This new settlement service will allow Visa to significantly speed up the speed at which settlements are made, at the same time significantly decreasing its cost. As it stands now, the exact scope and volume of the pilot program between Visa and Crypto.com is unclear, but Visa made it clear that it plans to extend this offering to other partners, as well.

Visa Testing Crypto-Based Transaction Settlement Systems

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Payment Provider ‘Nuvei’ Launched Support for Nearly 40 Crypto Assets

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Payment Provider 'Nuvei' Launched Support for Nearly 40 Crypto Assets

According to the latest announcement, Nuvei, a payment provider, has launched support for almost 40 crypto assets which means e-commerce merchants can now transact in approximately 40 cryptocurrencies through this global platform. 

Now, as a part of adding to its current stack of innovative payment methods, a payment provider has added support for the world’s most popular cryptocurrencies, including Bitcoin and Ether, and lesser-known cryptocurrencies such as Reddcoin and Bitcoin Gold, Dogecoin, etc.

Talking about Nuvei, it is a payment technology partner of thriving brands that aims to deliver unified commerce solutions and expertise. 

It was also mentioned that, among 40 cryptocurrencies, customers can even use Ripple, despite its recent legal woes and succeeding delistings from significant exchanges.

Nuvei to Empower Clients with Frictionless Payment Experiences

As Nuvei is all set to provide support to E-commerce merchants, merchants partnered with the payment provider can utilize several crypto assets to send and receive payments across 200 countries, even in previously hard-to-reach countries.

Nuvei’s launch arrives at a moment when conventional payment services are competing and entering the crypto space. Visa announced a pilot program on March 29 that allows all of its members to use the Ethereum blockchain to resolve fiat transactions. The solution utilizes the USDC stablecoin to settle transactions.

As a part of this launch, Nuvei’s CEO and chairman, Philip Fayer, expressed his views regarding the same. He mentioned that adding several crypto assets will empower all categories of clients with frictionless payment experiences and a more significant opportunity to participate in a global marketplace.

Moreover, the report suggests that crypto-asset transactions will provide enhanced security, privacy, and integrity to the clients in comparison to traditional fiat payment methods.

It was further noted that apart from common crypto-assets, the payment platform supports approximately 150 local currencies and over 455 APMs. In addition, e-commerce merchants will be able to conduct business across national borders and within the fiat ecosystem’s limits.

With the addition of cryptocurrencies, the platform can now facilitate and promote transactions for Non-Fungible Tokens (NFTs). 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council. 

Payment Provider ‘Nuvei’ Launched Support for Nearly 40 Crypto Assets

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Payment Network Visa Now Uses USDC as Settlement Currency

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US credit card-issuing company Visa announced on Monday its intention of facilitating crypto payments through its network.

Visa Completes First Crypto Pilot Test

Visa strategic partner Crypto.com did a pilot transaction with the crypto firm settling a portion of its debts in US Dollar Coin (USDC), a “stablecoin” pegged to the US Dollar 1 to 1. 

The transaction was completed over the Ethereum network- a decentralized blockchain offering that has nurtured decentralized finance (DeFi) and non-fungible tokens (NFTs). 

Visa is fast-tracking its plans to enable more of its strategic partners to enjoy this feature later on in the year.

The move, which is described as an industry-first merge of digital and fiat-focused institutions, is riding on the back of an upsurge in cryptocurrencies worldwide. 

Wider adoption has seen legacy banks like the Bank of New York (BNY) Mellon, investment company BlackRock Inc. and the fellow US credit card company MasterCard embracing digital currencies in the past month.

This rise in institutional demand for crypto-assets has been fostered mainly by the foremost cryptocurrency Bitcoin, which has made significant rallies in the past year. In a show of faith and growing acceptance, Tesla placed $1.5 billion worth of investments into Bitcoin in early February.

In a subsequent announcement, Tesla boss Elon Musk said BTC will now be accepted in exchange for Tesla’s all-electric autonomous sedans. This move has seen BTC make new ATHs climaxing at $61,000 last week.

Visa’s latest move sees it address a significant problem plaguing crypto’s adoption. Usually, if a crypto owner pays for purchases from his crypto wallet, the digital asset needs to be converted to fiat at the end of the day.

This would lead to additional costs at the point of conversion. With this latest offering, Visa would enable its partners to settle their financial obligations using USDC, making it far easier for funds to be moved between entities.

The US payments giant has been making digital headway into the crypto-economy for some months now. In a new partnership with the first federally chartered digital bank Anchorage, Visa received its USDC funds in the company’s Ethereum address with the crypto company serving as the custodian.

Visa Eyes CBDCs Use On Its Platform

This pilot test is significant for the US payments firm as it leads to the adoption of digital assets for daily transactions. The company is also looking to benefit from the frenzy surrounding central bank digital currencies (CBDCs). The digital assets sanctioned by the host country’s apex bank draw much interest from financial bodies globally.

In a recently published report, the Bank of International Settlements noted that over 80% of global central banks actively explored a digital version of their national currency. With this growing interest, Visa published a whitepaper in which it proposed a CBDC facility where transactions can be executed without the need for an internet connection.

According to the San Francisco firm, the growing adoption of cryptocurrencies is forcing them to ask many questions, and CBDCs could be a way they can provide the needed answers.

Payment Network Visa Now Uses USDC as Settlement Currency

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Marshall Islands digital currency would ‘raise risks,’ says IMF

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A representative for the International Monetary Fund has said the Marshall Islands’ digital sovereign currency would currently pose a risk to the islands’ financial stability. 

Following a March consultation, International Monetary Fund, or IMF, representative Yong Sarah Zhou said the issuance of the Marshall Islands’ digital sovereign currency, called SOV, as legal tender would “raise risks to macroeconomic and financial stability as well as financial integrity” of the islands. According to Zhou, the measures the Republic of the Marshall Islands, or RMI, took to contain COVID-19 may have been “swift and strong,” but also strained the local economy.

“The issuance of the SOV could jeopardize the RMI’s last USD corresponding banking relationship,” said Zhou. “This combined with anti-money laundering and combatting the financing of terrorism risks (including those related to the SOV) could disrupt external aid and other important financial flows, resulting in a significant drag on the economy.”

She added that the “cautious approach” towards the SOV already in place was warranted, given that the “potential cost of the SOV issuance will likely outweigh the expected benefits.” According to the IMF representative, the RMI’s gross domestic product fell more than 3% in FY2020 and is expected to decline another 1.5% this fiscal year with a possible recovery of the local economy in 2022.

“The RMI’s legal, regulatory, and institutional framework is not yet ready to accommodate the SOV issuance and manage associated risks.”

Government officials first announced the RMI would be exploring the creation of a digital currency in 2018, one that could be used as legal tender alongside the U.S. dollar — though the Marshall Islands are a sovereign state, they are also an associated state with the U.S. In June, a crypto advisor to the islands said that the RMI was conducting an 18-month test phase for “preSOV,” a token which can later be converted into SOV.

Central bank digital currencies have had some success in areas spread across multiple islands. For example, the Bahamas launched its Sand Dollar digital currency in October, aimed at driving greater financial inclusion within the archipelago nation of more than 700 islands. There are more than 58,000 people in the RMI spread across 29 atolls and 5 islands, 24 of which are inhabited.

Marshall Islands digital currency would \’raise risks,\’ says IMF

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China’s Central Bank Addresses Digital Yuan Privacy Concerns

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The People’s Bank of China (PBoC) deputy director Mu Changchun has addressed privacy and anonymity concerns over its upcoming central bank digital currency (CBDC) project.

Changchun spoke at the China Development Forum in Beijing on Saturday.

Limited Anonymity Of CBDC

According to Changchun, it would be difficult for the digital currency to be fully anonymous. He said that the Central Bank needs to balance privacy for users with international consensus in risk control.

He elaborated the use of digital yuan not only as a payment method but also as a high-level financial surveillance tool.

The Central bank head said that the digital Yuan would provide privacy, but it would be limited. He said that the CBDC would have even more privacy than commercial payment products like bank cards, WeChat, or Alipay, tied more closely to the banking system.

China Cracking Down On Crypto Crimes

While giving reasons to why the digital Yuan would not be fully anonymous, Changchun said too much emphasis on anonymity would raise the cost of fighting crime and could bring severe consequences.

On the flip side, if the apex bank controls anonymity, it would mean that it will observe and monitor transactions taking place while the transacting parties would remain private. This way, PBoC still has the chance to analyze transactions to monitor crimes.

“A completely anonymous central bank digital currency is not feasible as it would violate anti-money laundering, anti-terrorist financing, and anti-tax evasion regulations,” Changchun said.

China has shown its commitment to tackling crimes, especially when it comes to the use of crypto to launder money. Beijing’s extensive crackdown on internet crimes has seen several young people sentenced to prison for laundering  Bitcoin using platforms like Kucoin.

The country was said to have convicted almost 100 people since November 2020 for knowingly using USDT to launder over $30 million through OTC desks.

Meanwhile, China continues to lead major countries in developing and piloting a central bank digital currency (CBDC). However, the project has raised concerns around the amount of insight it would give authorities into users’ financial data and behavior.

In January, 100,000 Chinese received $31 million digital yuan via lottery for free in the Shenzhen region. Residents in the region can now use ATMs to convert digital yuan to cash on a test basis. The Postal Savings Bank of China is also developing physical wallet cards on which to store digital yuan.

China’s Central Bank Addresses Digital Yuan Privacy Concerns

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