Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s expansive concept of “investment contract” might preempt state legislation. Montana and Seven […]
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Grab a Spot in Tomi’s Presale by Bagging an NFT! 260+ ETH Raised so Far with Proceeds to Purchase TOMI then Burned
Non-fungible token technology has many potential use cases in the blockchain world. TOMI is releasing a limited-edition set of NFTs to provide access to their main sale. With very few NFTs remaining for sale and all proceeds used to Purchase Tomi, adding value for Tomi holders. Tomi tokens purchased with these funds will be burned to improve scarcity, time is of the essence!
The TOMI NFT Sale Pops Off
Although many non-fungible token projects can generate a bit of hype and excitement, the momentum surrounding TOMI’s NFT collection is off the charts. Not only are crypto enthusiasts showing increasing interest, but various influencers are getting on board. Additionally, these artistic and exclusive Tomi Heroes NFTs are necessary to access the project’s upcoming presale. To date, the team has raised over 260ETH – or just shy of m USD – in this sale, further confirming the growing demand for these NFTs.
The first round started on September 7th, featuring the DAWN RISING NFT, available for purchase at the price of 0.1271 ETH, which quickly sold out. Round 2, sees the GLITCH GLOW NFT being sold for a price of 0.1144 ETH and Round 3 is also now underway until September 21st, with NFT tickets selling fast. To bag your NFT today and secure a spot, visit https://www.tomitoken.org/tomi-nft.html
Tomi will use all proceeds from the NFT sale to buy TOMI tokens during the public sale to create even more buzz surrounding this project. Once the purchases are made and the ETH has been swapped for TOMI, the entire balance will be burned. The team made a wise decision to make the token more scarce and a unique take on leveraging NFT technology for that particular purpose.
Various NFT projects have proven to be successful in recent months. CryptoPunks is the most noteworthy example, as it currently tops .219 billion in all-time volume. Art Blocks isn’t far behind, with over 2 million in total sales. There is no reason to think the Tomi NFTs won’t go the same route, as they are very tough to obtain- the first round sold out, and round 2 and 3 are selling fast, indicating how the demand is rising and time is running out for those who do not own an NFT providing access to the TOMI presale yet.
Establishing A Secondary Market
The Tomi Heroes NFTs will be accessible through OpenSea after the sales run out. However, it may prove challenging to pick them up, as most holders will want to wait for the TOMI presale and the access these tokens provide. In addition, it is essential to establish a secondary market for the non-fungible tokens, as they are still limited edition collectibles even after the presale concludes.
Per OpenSea, there are currently over 1,700 NFT holders, and the NFTs have a floor price of 0.1 ETH. More importantly, there is over 260 Ether in trading volume so far, lowering the number of available non-fungible tokens investors can obtain to be part of the upcoming TOMI presale rounds.
TOMI Chooses Polygon & SushiSwap
Due to the high gas fees on the ETH network, TOMI has chosen to launch its sale on the Polygon network and through SushiSwap. This shows the commitment by TOMI to operating on networks that empower and push the next generation of DeFi projects to the forefront of the media.
If you are interested in the TOMI token sale, make sure to pick up one of the Tomi Heroes NFTs. Having access to one of the five presale rounds – which all last for just 30 minutes – is crucial to maximizing return on investment.
There are a few hundred NFTs up for grabs in round 2 & 3, but time is running out quickly! Visit the presale page to get your TOMI NFT today.
Global Android Vulnerability Could Grab Wallet and Banking Data
A newly-discovered exploit could hijack banking and wallet apps on your Android phone.
CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7
UK Thieves Target Bitcoin ATM in Smash and Grab
According to reports in UK news publication Northampton Chronicle, a Bitcoin ATM located in a grocery store has been targeted in the Northampton area by thieves in a brazen robbery. A group of three individuals are wanted in relation to the offence.
During the incident, one of the trio threatened a shop keeper with a machete, whilst another smashed the Bitcoin ATM from the wall with a sledgehammer. The authorities are still to disclose the financial value of the robbery.
UK: Armed Robbers Make Off With Bitcoin ATM
The Bitcoin ATM robbery allegedly took place at around 20:30 on the evening of Tuesday, March 12. The local police constabulary did not report the incident until earlier today, however.
According to statements from the authorities, three individuals arrived at a branch of a Costcutter convenience store on the evening in question. One of the trio waited outside, whilst the other two entered the premises. Wielding a curved machete, one of the pair threatened the shop assistant. Meanwhile, the second used a sledgehammer to forcibly dislodge the shop’s Bitcoin ATM from the wall.
Seemingly only interested in the exchange terminal, the three swiftly left the scene with the unit. They are reported to have fled down Haines Road and then Euston Road.
According to a spokesperson for the local police force:
“All the men wore face coverings and gloves. The one with the machete is described as wearing a black balaclava, black puffer parka jacket, blue jogging bottoms and light coloured trainers. The man with the sledgehammer wore a black balaclava, grey/green puffer style parka jacket, black jogging bottoms and black trainers. The third man wore a grey puffer style parka jacket and had a grey face covering.”
Police are currently appealing for any witnesses or individuals with knowledge of the Bitcoin ATM robbery incident to contact them with any information. They can contact the Northampton Police on its non-emergency line, +101.
No Bitcoin Stored in this Machine Overnight…
As mentioned, there is no indication as to how much the trio of robbers made off with. However, based on knowledge of the current UK cryptocurrency market, it cannot have been a great deal. Earlier this month, NewsBTC reported on a survey of UK consumers’ knowledge of digital assets. The results showed that just three percent of those asked had ever invested in crypto and of that number, only around half had ever spent more than £200 on digital assets.
These findings, coupled with the huge commissions often charged by Bitcoin ATMs that discourage their use, suggest that the reported robbery of the Bitcoin ATM might not have been as profitable as the trio initially expected. Evidently, those involved in the incident did not act with the same level of sophistication as the recently reported Calgary criminal gang who targeted Bitcoin ATMs during 2018 to the tune of 5,000.
Perhaps the Northampton robbers were labouring under the same misguided pretences as those who supposedly attacked the Bitcoin ATM in the Tweet below…
When technology is ahead of burglars. Someone stole a Bitcoin ATM and tried to pull coins from there. Bitcoin is the safest method of transaction
#entrepreneur #payoutday #vancover #london #bitcointrader #bitcoin #ATM #bitcoinnews #bitcoininfo #bitcoin #traders #trader pic.twitter.com/OPJUiIQNUI— Alexander .F. Peterson (@Alexand23230564) March 13, 2019
Related Reading: Are Bitcoin ATMs Driving Adoption, Criminality, or Consumerism?
Featured Image from Shutterstock.
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Bitcoin Price Analysis: Time to Grab some Bitcoin at any Price, First Targets $8,500
Traders should mark Oct 22 as a turning point for Bitcoin. Thanks to CFTC giving the ICE the permission to launch Bitcoin Futures and the rumors of SEC approval of Van Eck Bitcoin ETF approval, investors are vibrant. Because of this, it’s likely that Bitcoin shall rally confirming the break out patter of week ending Oct 22.
Latest Bitcoin News
Yesterday was a pretty solid day for Bitcoin and cryptocurrency investors. From the announcement that the Intercontinental Exchange (ICE), the operators of 12 exchanges including the New York Stock Exchange which is the largest of its kind in the world, through Bakkt will be listing and allowing trading of Bakkt Bitcoin (USD) Daily Futures on December 12 to boosting rumors that all is well between Van Eck, SolidX, the CBOE and the US SEC.
Before these news made waves, Bakkt approval was a source of speculation with many confident that the green lights from the CFTC and allowing Bakkt to roll out Bitcoin futures complementing those from the CME and CBoE would strengthen the case for Bitcoin ETF approval. The entry of Bakkt is indicative of a new wave of global adoption and the release of a pent up demand which was sealed by the reluctance of the SEC to come clean on Bitcoin ETF. As a matter a fact, the US SEC has been on a dismissal run rejecting nine different attempts by firms and exchanges proposing Bitcoin ETFs.
However, according to “insider reports” the exit of Kara Stein in December paves way for Allison Lee, a crypto supporter. Together with other commissioners as Elad Roisman and Hester Pierce, Van Eck and SolidX Bitcoin ETF proposal might see light by December igniting the next wave of bulls likely to propel prices upwards of ,000.
Bitcoin Price Analysis
Weekly Chart
On a weekly basis, Bitcoin is relatively stable and is down three percent. But, this is the undervaluation that traders should be taking advantage of if the recent Bitcoin ETF rumor and the launch of Bakkt Bitcoin Futures is anything to go by.
Considering a market that has been consolidating for the better part of the year with clear supports and resistance lines, we recommend trading according to last week’s trend definition. Though prices temporarily raced above ,200 triggering our buys, the subsequent declines stopped longs meaning we are net neutral but bullish on Bitcoin.
However, in lower time frames, we suggest taking longs on every dips as long as Bitcoin is hovering above ,800 to ,000 support zone.
Daily Chart
The stability in the weekly chart is clear in the daily chart and here we notice that prices are trending within a tight 0 range with supports around ,500. Because of our bullish expectation and the general realization that Bitcoin might explode after sinking more than 80 percent from 2017 highs, we suggest buying on dips in lower time frame with stops just below the ,000 support line.
That is just below Oct 15 highs and a bar in which prices are still trending in. In line with our previous Bitcoin price analysis, first targets will be at ,200 and later ,500 assuming momentum continues to build up.
Disclaimer: Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.
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Cryptospace Moscow 2017: “This is not just a party, this is a historic talent grab…” “We’re bigger than US Steel”
December 8, 2017. More than 55 speakers from 30 countries, more than 3000 participants, 6 sections, 12 hours of speeches and continuous networking. At Cryptospace, the largest blockchain and crypto event of the year, the world’s blockchain celebrities discussed crypto trading instruments, blockchain implementation into business, predicted the price of the bitcoin and chose the best ICO project. Ted Lin comments: “A dynamic crowd, a spectacular venue, and a professionally run event. What a way to meet with the crypto community of Russia”.
The message has been spread with great resonance from every spot of the crypto world, way beyond the Russian crypto community. The world is ready for innovation, the point of no return has been passed a while ago; the blockchain technology is about to revolve everything. We are looking at a world of no double-spending, we are now putting more bricks into the basis of decentralized control, communities and industries attract more and more attention to the innovative potential.
On 4 stages of The Moscow School of Management SKOLKOVO there were continuously presenting their expertise over 50 speakers, something that found listeners in an over 3000 attendee audience. Since the world of technological advance forgives no waste of time to make the most intensive event, Cryptospace organizators managed to pack and unite a three day content into one day, and it worked to everyone’s benefit only: nowhere else in 2017 you could see so much activity to twist your focus in one day, but the audience only seemed to crave for more: even by the end of the conference nobody saw the halls empty – moreover, the speakers and panels were receiving attention till the very late evening.
The most frequently asked question was about the bitcoin price. According to the famous cryptotrader Peter Sin, by the end of the year we can expect the Bitcoin price fixing at around $ 20,000.
The big part of the conference was divided in 6 sections dedicated to various aspects of the blockchain world, and many world’s most influential developers, creators, authors, investors and mass media experts introduced the public to the highest advances of all possible revolutionary implementations of blockchain.
William Moguayar, best-selling author of The Business Blockchain, presented his book in Russian and opened the event session.
“Most of the projects will fail, but we can afford it. With $ 400 billion in the crypto-ball, we can take 1% and spend it, and I tell you another way to look at this. This is not just a party, this is a historic talent grab. Crypto has absorbed the greatest talents in the world in service of open-source”, Miko Matsumura, Founder at Evercoin, LP Pantera Capital.
“There were no opportunities like now before. You can pick from 1300 different startups. Everyone has access to the most exciting projects, the most exciting technologies, and this tsunami may go up and down but it’s definitely is growing in speed and acceleration and more and more money is flying into this category from all the countries around the world”, Alex Mashinsky, CEO at Celsius Foundation.
What was essential is the point of the whole event was to highlight the opportunities of the big tomorrow’s economy that are starting their way today, and in the growing financial power of cryptoworld many were looking for a place to be. A lot of speculation and consideration dedicated to cryptotrade was driving people together, so one of the most intensive sections went non-stop for the whole day, and many speakers contributed: “As a matter of fact, most people are losing their money for they only deal with frequent speculation”, Anatoly Radchenko, United Traders. The lack of knowledge about the market will in the future be filled with worldwide expertise. “I would say almost all the investors to support an ICO at some point find themselves in a sell-out-bro-down situation”, which only proves the idea we lack too much information right now and we need the data to become worldwide available.
“Cryptospace helped paint a clear picture about how I need to spend more time in Russia and help with blockchain security needs. The high level of engineering talent in this nation is more enabled now than ever before”, Hartej Sawhney, Hosho.io.
But the theoretical knowledge that we are about to spread is little use without a practical image, to which gave a significant value 20 projects that took part in the pitch-session. ICO audit professionals from KICKICO, ICO Rating and IIDF united their efforts at analysing the projects to choose one to fit the new economy’s criteria best.
As big on the scale of the last two years was the event, so is the opportunity for everyone to improve and develop the new era together: and the prize is not solely monetary. The prize is knowledge, vision and powers to create more opportunities for others. To witness this, the Podari Zhizn Fund was collecting support at the conference and managed to raise 1.7 BTC during the event. This fact proves the world of crypto does not only revolve around money: it focuses on the transit to a better future for everyone.
“Skolkovo’s Cryptospace has definitely marked its place on the map of global fintech. The best and the brightest got yet another platform to exchange and contribute to the amazing growth of the industry. The conference shows that a turning point for Russia’s crypto community has been reached. It’s not only growing by the day in numbers but also has matured enough to realize common interests”, Cyril Gilson, Senior Editor at Cointelegraph.
To sum everything up there is simply too much great stuff to release in one piece, so every part of the long day will be processed and shared not to miss a single grain of knowledge and expertise; besides, the producers hope the world of crypto will receive even higher support on Cryptospace in spring, 2018, but for now get ready for a tornado.
“As a journalist focusing on cryptocurrency and blockchain technology, I’m always looking for individuals with expertise in the field. Cryptospace Moscow proved to be a wonderful opportunity to meet such people and discuss ways to work together in the future. It brought together a healthy blend of recreational crypto enthusiasts and passionate entrepreneurs”, Dimitar Mihov, The Next Web.
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Ron Pauls Feels the war on Cash is an Authoritarian Power Grab
Going cashless is never the answer for consumers and business owners. The only entities benefiting from such a move are the local government and the banks. Cash is a form of financial freedom, something most of us will never see again. Ron Paul feels a cashless society is equal to an authoritarian power grab. An … Continue reading Ron Pauls Feels the war on Cash is an Authoritarian Power Grab
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