US lawmakers are pushing a new bill that would require the State and Treasury Departments to “examine and mitigate” the potential risks caused by El Salvador’s decision to adopt Bitcoin (BTC) as legal tender. Senator Jim Risch, a Republican from Idaho, says in a new press release that the bill would require the government to […]
Indian crypto tax policy has become the talk of the town for crypto investors and exchange providers in recent weeks. In just one week, Indians will start paying a cumbersome 30% tax on the proceeds made on cryptocurrencies after the nation’s Parliament passed the proposal on Friday.
Star Atlas is a next-generation metaverse project built on the Solana network and is one of the most ambitious projects in the gaming and metaverse scene that I have ever seen. Star Atlas is more than just a blockchain gaming metaverse; it is an entirely new, fully immersive virtual solar system with multi-dimensional play to earn […]
El Salvador’s President Nayib Bukele urged his 3.6 Million Twitter users to avoid spreading Reuters FUD. President Bukele Disproves Bitcoin Magazine’s Report President Bukele’s Wednesday was spent in responding to the report of Binance CEO Changpeng “CZ” Zhao being called in to salvage El Salvador’s Bitcoin Bond Sale. Late on Wednesday, Bukele took to Twitter appealing to his users to stop the spread of Reuters FUD. I’m a fan of @BitcoinMagazine, please don’t spread @Reuters FUD. The #Bitcoin Volcano Bonds 🌋 will be issued with @bitfinex. The short delay in the issuance is only because we are prioritizing internal pension reform and we have to send that to congress before. https://t.co/chUGgdDBDc — Nayib Bukele (@nayibbukele) March 23, 2022 The tweet was in response to Bitcoin Magazine’s allegation towards Binance CEO Changpeng “CZ” Zhao jetting into the country. The report claimed that Binance is assisting El Salvador in assisting the country’s Bitcoin bond issuance after the delay in the sale. Earlier this week, Finance Minister of El Salvador, Alejandro Zelaya stated that due to unfavorable conditions of the market, the $1 Bitcoin bond offering was postponed. President Bukele Hits Out At Bitcoin Magazine Nayib Bukele shared another tweet confirming his upcoming meeting with the Binance CEO. Bukele says that his discussion with CZ will not be related to the Volcano Bonds. He cheekily added that unless CZ is interested in some, they won’t be talking about it. I’m meeting with @cz_binance tomorrow to discuss OTHER issues, not the Volcano Bonds 🌋 Unless he wants to buy some, of course 😉#Bitcoin fixes FUD! — Nayib Bukele (@nayibbukele) March 23, 2022 In agreement with Bukele, Samson Mow, former Blockstream Chief Strategy Officer, and Advisor tweeted that there has been a delay due to the new laws passed by Congress. Managing the bond insurance, Bitfinex’s CTO Paolo Ardino also chimed in agreement. https://t.co/2VdxwD7La2 — Paolo Ardoino (@paoloardoino) March 23, 2022 Bukele’s Displeasure With The U.S. Senate As El Salvador has decided to adopt Bitcoin, the U.S. Senate passed a bill to alleviate risks to the financial system of America. Bukele was surprised that the U.S. Government was afraid of El Salvador’s plans. “The US Government DOES NOT stand for freedom and that is a proven fact. So we will stand for freedom. Game on!” What is Bitcoin Bond Used For? Issued by the country El Salvador, Bitcoin Bond is the country’s way of accumulating Bitcoin reserves and funding the construction of the city called Bitcoin City. Reportedly, the BTC City will run on geothermal power that will help in Bitcoin mining and the city’s infrastructure.
NEW YORK, Mar 25, 2022 - (ACN Newswire) - Deloitte's United States Economic Forecast Q1 2022 examines the impact of the crisis in Ukraine, persisting inflation, and the lingering effects of COVID-19 on the US economy. The good news is that the US economy's performance has been better than expected. People are getting back to work, corporate profits for Q3 are 21% above the pre-pandemic level and the increased adoption of technology has accelerated labor productivity growth.
Deloitte's baseline scenario anticipates the pandemic jump-starting the widespread adoption of technology leading to faster growth. Morgan Stanley is also positive about the potential growth of tech stocks given the recent underperformance.
Heading into Q2 of 2022, it's time to look at the next greater investments for 2022.
For investors seeking to enter the market before the rest of the world catches up, we have found a prospering young tech firm with a strong growth potential in 2022.
For investors looking for tech stocks with extraordinary growth potential, we suggest taking specific notice of one of the SaaS web analytics leaders, Fastbase Inc. (OTC:FBSE). Launched in 2016, Fastbase Inc. embodies one of the top public companies that we believe will have the strongest share price upside in 2022. Fastbase Inc. (www.fastbase.com) already achieved massive market success by providing more than 1 million companies, including Fortune 500 businesses and global brands, with invaluable website visitor data and consequently attracting the attention from large investment firms.
In the past 2 years the visionary company launched tech solutions to satisfy uncovered needs in the market. Only last year Fastbase launched Trustfeed.com, one of the biggest internet ventures within the field of customer experience and product review. This year Fastbase is squaring the circle by launching Leads Navigator, an ultimate leads generation solution. Leads Navigator will be a catalyst for financial growth in 2022 with a very strong revenue model.
Fastbase Inc recently announced acquiring 24.5% of Etheralabs LLC, (www.etheralabs.io) a New York City based Venture Lab and Ecosystem that is investing in, creating, and implementing disruptive technologies across the Blockchain landscape. This acquisition allows Fastbase to access the latest blockchain advances to empower its data distribution business and support the new Leads Navigator solution.
Forward-Looking Statements Certain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are informational only and not guarantees of future performance and undue reliance should not be placed on them.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comDeloitte's United States Economic Forecast Q1 2022 examines the impact of the crisis in Ukraine, persisting inflation, and the lingering effects of COVID-19 on the US economy.
Meeco, a provider of data privacy and digital identity solutions, today announced the launch of its Zero-Knowledge Proof (ZKP) Decentralised Identifier (DID) and token visualization tooling on Hedera, the decentralized proof-of-stake public network, with the HBAR Foundation’s support. As an open-source interface that will support greater transparency to Hedera-based sustainability projects, Meeco is delivering an […]
Volodymyr Zelenskyy – the president of Ukraine – has legalized cryptocurrency use in his native country. The move stems after Ukraine received countless crypto donations from individuals around the world following Russia’s invasion. At the time of writing, Ukraine has received more than $50 million in digital currency donations. Ukraine Opens Its Heart to Crypto...
As interest and popularity in crypto and digital assets continues its impressive upwards trajectory, naturally, more and more users are looking for exchanges to pick up their favourite tokens and cash out some gains. Of course, most crypto users are familiar with centralized custodial exchange giants such as Binance, FTX, Crypto.Com, OKX etc., who provide convenient exchange services, but […]