Peter Schiff is one of the most vocal bitcoin detractors known to investors. The economist has never been one to hide his disdain for the digital asset and continues to bash it at every chance he gets. This time around, Schiff who has always touted the superiority of other investment forms such as stocks above bitcoin has revealed what he thinks will cause the digital asset to rally upwards again. Bitcoin Needs The Nasdaq As always, Peter Schiff continues to push the usefulness of other assets like stocks over that of bitcoin. In his latest tweet on Twitter, the preferred platform for the economist to share general comments about the financial platform and bitcoin, he has explained a scenario where the price of bitcoin would begin to go up. Related Reading | Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend? Schiff explained that for BTC to once again begin another uptrend, it depends largely on the movements of gold and the NASDAQ. The economists put forward that an increase in the NASDAQ would inadvertently lead to an increase in the price of bitcoin. On the flip side, gold, which is currently one of the digital asset’s fiercest competitors, would need to go down, said Schiff. BTC settles above $39k | Source: BTCUSD on TradingView.com Explaining further, he laid out that the Fed’s success in bringing down the growing inflation rate was pertinent to this. As long as the Fed is able to safely bring the inflation rate back down to 2% and not harm the economy in the process, then the scenario explained above was likely. For this to happen, there needs to be “minimal rate hikes and big cuts to government spending,” the tweet read. But Why Buy BTC? In normal Schiff fashion, the economist did not show any type of support for BTC despite believing that the price would go up along with the NASDAQ. For Schiff, in a scenario like this, there would simply be no need to buy bitcoin, stating “in that scenario why own Bitcoin?” Related Reading | Ethereum Gas Fees Hit 8-Month Lows As Price Continues To Struggle For #Bitcoin to go up the NASDAQ must go up and #gold must go down. For that to happen the #Fed must succeed in bringing #inflation down to 2% without harming the economy, which requires minimal rate hikes and big cuts to government spending. But in that scenario why own Bitcoin? — Peter Schiff (@PeterSchiff) March 14, 2022 Schiff has never been a fan of bitcoin and despite the digital asset’s outperformance over the years, continues to diss it at every turn. In 2020, the economist is noted referring to the cryptocurrency as the “biggest” bubble he’s ever seen. In the same year also making comments that BTC was a “fad” and was on its way down to zero. However, since both of these comments were made, bitcoin has more than doubled in value. Featured image from Decrypt, chart from TradingView.com

TOMB Finance - The first algorithmic stablecoin in the Fantom ecosystem, pegged to the price of 1 FTM Token via seigniorage.

Some of the strengths of the Tomb project that almost everyone is probably already aware of, such as: The TOMB token used in the rapidly growing Fantom ecosystem - so the users , the community, the audiences, the developer.... are very strong especially for an extremely large user base. In fact, the  pieces in Fantom's DeFi are also quite complete, the pieces have the effect of creating value and influencing each other and always bringing sustainable value to each other. The actual result can be seen that TOMB Token price spiked to over $2 as Fantom kept hitting ATH levels (nearly x10), while TSHARE price surged to a staggering $4,985.80 and shows no sign of stopping.

Following the successes of Tomb Finance, SHARKFI FINANCE was born as a more complete version, giving you more investment opportunities in the future. The project hopes to bring a more quality user community with the improvements and further developments of SHARKFI FINANCE. 

Similar to Tomb, SHARKFI FINANCE will be built and developed in the Fantom ecosystem, pegged to the price of 1 FTM Token through the seigniorage* mechanism.

* Seigniorage Model: Algorithmic Stablecoins using the Seigniorage Model have more than 1 token, usually 2 or 3 tokens. The first token is pegged at a specific price (usually $1), the remaining tokens will have different strategies to increase or decrease the supply as the price of the first token increases or down from the fixed price (usually $1).

The stablecoin algorithm can be understood as a stablecoin with a simple elastic supply and demand mechanism that equalizes the price at a specific level (usually $1), but in this case the SAFI Token is pegged to 1 FTM coin. The supply adjustment mechanism of SAFI Token will increase or decrease its price in accordance with the price of FTM Token.

SHARKFI FINANCE also runs on Fantom with 3 tokens: SAFI - FSHARE - FBOND but the fee is much lower than other projects.

$SAFI : the algorithmic token of SHARKFI FINANCE pegged to FTM through seigniorage. 

* Use as the medium of exchange and an alternative to FTM.

$FSHARE : Token that measures the value of the  SHARKFI Protocol

* Stake to receive $SAFI in Masonry.

* Participate in governance.

$FBOND : Token that helps incentivize changes in SHARKFI supply

* Earn from arbitrary opportunities.

* Maintain the price of $SAFI

You can earn a lot with just a tip :

 If $SAFI is UNDER the peg 

1 Buy $SAFI and exchange it for FBOND. If you are LP'ing, you can break the LP to exchange $SAFI for $FBOND, and use the remaining $FTM to buy $SAFI to also exchange for $FBOND. Now you have a big fat bag of $FBOND, and you've also helped bring $SAFI back above peg so that the Masonry can resume printing.

2️ Sell $FBOND for a redemption bonus once $SAFI is back to normal or above the peg (above 1.1 TWAP).

We appreciate early birds of the SHARKFI FINANCE . It also means that those who come first will have a better chance of making much more profit as we can buy SAFI at a lower price than ever before.

Here, we provide some background information about :

KEY Metrics SAFI
• Token name : SAFI
• Ticker : SAFI
• Blockchain : Fantom
• Token type : Utility

KEY Metrics FSHARE
• Token name : FSHARE
• Ticker : FSHARE
• Blockchain : Fantom
• Token type : Utility, Governance

KEY Metrics FBOND
• Token name : FBOND
• Ticker : FBOND

SHARKFI Finance grows in tandem with Fantom's development. Especially TVL of SHARKFI FINANCE will have a strong leap. Users will receive huge profits up to hundreds day by day. The objective of the project is pretty obvious: To support the Fantom token - FTM. It is evident that the SHARFI FINANCE  token really helps the FTM token in general and the Fantom ecosystem in particular. More use cases and applications from the project can be expected to come online really soon, which can have a beneficial impact on Fantom.

Launching Date  : 14 March 2022

Website        : https://sharkfi.finance

Telegram Channel: https://t.me/SharkFi_Official_Channel

Telegram Group: https://t.me/SharkFi_Official_Group

Twitter: https://twitter.com/SharkFi_Finance

Email - Contact at sharkfi.finance

Organizations use messaging platforms like Slack to bring the right people together to securely communicate with each other and collaborate to get work done. A Slack workspace captures invaluable organizational knowledge in the form of the information that flows through it as the users collaborate. However, making this knowledge easily and securely available to users […]

Bitcoin Price Prediction – March 15 Following the $39,500 break, the Bitcoin price prediction shows BTC dropping slightly after getting rejected at $39,800. BTC/USD Long-term [...]

The CEO of Terraform Labs Do Kwon has wagered $10 million on the price…

The post Terraform Labs CEO Do Kwon bets $10 million on LUNA price appeared first on Coin Journal.

More and more casinos are accepting TrueUSD as a payment method, and catering to those who prefer gambling with Stablecoins at casinos.

The post The Best TrueUSD Casinos And Gambling Sites appeared first on BitcoinChaser.

Central Bank of Bahrain (CBB) has granted Binance a crypto-asset service provider license.

The DASH trading week from 7 March has become quite important in the medium term. The fact is that buyers managed to win a local victory and swallow the previous weekly candle of sellers. All this happened at an increased volume, which signals the growing interest of investors in the DASH cryptocurrency. Of course, looking at the weekly timeframe, it is too early to talk about the absolute dominance of buyers, but the first stone for success is laid. The $90 range was the starting point. https://www.tradingview.com/x/xBSSxIID/ At the moment, there is only one question – whether the DASH price reversal will start from this range, or whether sellers will be able to organize a financial fall wave to $70. To implement a positive scenario and reverse the price without updating the mark of $90, buyers need to test the mark of $120 during the trading week on 14 March. This action of buyers organizes a consolidation corridor in the range of $90-$120, in which buyers will have a chance to gain a position to start growing with the first target of $140. This increase in the DASH price will not mean a change in the global trend. The $140 mark is the global trend line of sellers, which they have been keeping since May 2021. So we do not expect the $140 mark to break for the first time. Technical Analysis Of DASH On The Daily Timeframe. https://www.tradingview.com/x/j3Tnc1E1/ Analyzing the movement of the DASH price on the daily timeframe, we see that the price is moving down the stairs. It became difficult for sellers to gain impulse to conquer new price zone. Now, after long consolidations, sellers are taking a step lower and a new consolidation is beginning. This fall of the DASH price indicates a significant weakening of sellers and driving them into a trap at local lows. However, there are still many sellers in the DASH market. This is evidenced by the daily candle from 10 March. On the chart, we see that on this day there were high trading volumes, but the buyers could not achieve a corresponding result. To start a new attack of buyers, they should confidently keep the $85 range. If sellers are unable to push the price below this mark during the current local attack, we will expect a sharp DASH cryptocurrency growth from the second half of March. DASHBTC Price Is In The Final Stages Of The Wedge https://www.tradingview.com/x/ow81sVqd/ On the weekly price chart of DASHBTC special changes for the trading month are not noticeable. Tensions between market participants have increased even more. Buyers do not let the price out of the red falling wedge, and sellers do not allow to organize a rebound. Given the scale and duration of the DASHBTC price in this formation, we expect a rapid change in the trend with the first growth target of 0.0035. The final target remains the same – it is in the range of 0.0058. An alternative scenario in the DASHBTC market will come after a breakdown and retest of 0.002. In this case, the prospect of the price fall will be 40% down.

The post DASH Technical Analysis: The Last Fall Wave Is Possible appeared first on Cryptoknowmics-Crypto News and Media Platform.

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Two weeks after details emerged about a second data wiper strain delivered in attacks against Ukraine, yet another destructive malware has been detected amid Russia's continuing military invasion of the country. Slovak cybersecurity company ESET dubbed the third wiper "CaddyWiper," which it said it first observed on March 14 around 9:38 a.m. UTC. Metadata associated with the executable ("