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Biden Will Name Gary Gensler as SEC Chairman

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do […]

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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Source: https://cryptobriefing.com/biden-nominates-gary-gensler-sec-chairman/

Blockchain

John McAfee Following the DOJ Indictment: The Allegations Are Overblown

John McAfee indicted with multiple criminal offenses but calls them “overblown” as no one could have predicted the market crash that followed in 2018.

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A day after being indicted for several criminal offenses, including money laundering schemes and fraud, John McAfee has called the allegations brought by US authorities “overblown.” The former software antivirus creator also defended his ICO promotions and receiving payments with the particular coins.

DOJ Goes After McAfee

The former antivirus tycoon made a name in the cryptocurrency space a few years back with the “Coin of the Day” campaign, in which he promoted certain low-cap alternative coins and somewhat outrageous promises that if BTC didn’t reach $1 million by the end of 2020, he would eat his male genitalia.

While he failed to complete the latter as BTC came a long way from his price prediction, he received a lot of criticism about the promotions. The situation escalated on Friday as the US Department of Justice brought official charges against McAfee and his executive advisor – Jimmy Watson Jr.

The authorities charged both with conspiracy to commit commodities and securities fraud, conspiracy to commit securities and touting fraud, wire fraud conspiracy and substantive wire fraud, and money laundering conspiracy offenses from two schemes related to the fraudulent promotions.

US Attorney Audrey Strauss said that McAfee and Watson “exploited a widely used social media platform and enthusiasm among investors in the emerging cryptocurrency market to make millions through lies and deception.”

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“The defendants allegedly used McAfee’s Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements to conceal their true, self-interested motives.”

Ultimately, Strauss explained that McAfee, Watson, and the rest of the team “raked in” more than $13 million from investors.

McAfee Responds: Allegations Are Overblown

The “Coin of the Day” campaign, which later turned into “Coin of the Week,” allowed McAfee to post about various crypto tokens that he supposedly believed were undervalued. Having more than one million followers on Twitter, though, every time he posted about a particular coin, people rushed in to purchase it, which skyrocketed the price.

However, this allowed people who were early on to dispose of their assets in a rather profitable way. It led to sharp price corrections and losses for the investors who followed McAfee’s Twitter publications – this is better known as “pump and dump.”

Nevertheless, McAfee, who is currently in a Spanish prison, offered his side of the story earlier today. He believes that the coins didn’t plummet in value because of an alleged scheme. Instead, he blamed it on the year-long bear market that the crypto market faced in 2018.

Furthermore, McAfee claimed that he and his team kept most coins they received as payments for the promotions and called the allegations “overblown.”

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Source: https://cryptopotato.com/john-mcafee-following-the-doj-indictment-the-allegations-are-overblown/

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Justin Sun Bids $2 Million for Jack Dorsey’s First Tweet NFT

Jack Dorsey has auctioned off his first tweet as a non-fungible token on Valuables. The current bid stands at $2 million and is made by Justin Sun.

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Silicon valley billionaire bitcoin advocate and Twitter chief Jack Dorsey has finally joined the NFT craze. It was long coming, but Dorsey has made his grand entrance to the scene. He digitized his very first tweet and has auctioned it on Valuables, a platform that allows individuals to tokenize and sell their tweets.

At the time of this writing, Justin Sun has bid $2 million for the piece.

“Virtually” Anything is Possible With NFTs

Digital asset enthusiasts have broken the bank for real estate assets, arts, and collectibles that only exist in metaverse of recent, but how much is a tweet worth?

Twitter CEO Jack Dorsey is introducing an entirely unique perspective to the NFT market. Yesterday, he tweeted a link to the sale of his first tweet dated March 21st, 2006.

He tokenized the tweet and is auctioning it on Valuables. Owned by CENT, Valuables is built on the Ethereum and Matic Network. It allows users to tokenize and sell their tweets.

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Jack Dorsey is the first prominent figure to digitize and sell his tweet on the platform. His decision has elicited diverse reactions from the Twitter crypto community, but as expected, bids are running into seven figures.

Justin Tron Splurges $2 Million

Tech entrepreneur and TRON founder Justin Tron remained the highest bidder for long after splurging $2 million on the NFT.

It is not surprising as the TRON founder is known for wild investments to further blockchain and cryptocurrency adoption. He once spent $4.5 million to have lunch with Warren Buffet. He said he aimed to discuss the benefits of cryptocurrencies with Buffet, even though the Oracle of Omaha said ‘cryptocurrencies will come to bad endings.’

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According to Valuables, a counter-offer must exceed the present offer by $1 or 10%, depending on which is more. It also says that the tweet will remain live after the NFT purchase as the buyer will receive a unique digital certificate of the tweet that is signed and verified by the creator. The auction will also remain live until Jack Dorsey accepts a bid.

Surge In NFT At Unprecedented Level

NFTs are quickly gaining interest amongst celebrities and their fandom. At the initial stage of the craze, digital art, collectibles, and virtual real estates were at the center stage. Presently, more innovative applications are surfacing.

CryptoPotato reported last week that American DJ 3LAU concluded the auction of the world’s first NFT album. He made about $11 million in the sale. With the recent turn of events, it is hard to guess what exactly will be tokenized next.

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Source: https://cryptopotato.com/justin-sun-bids-2-million-for-jack-dorseys-first-tweet-nft/

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How Bexplus Apps Make Trading Crypto Futures Easier

Due to the ongoing lockdown, many of us get to stay home more often. While this is a good opportunity for us to relax, we can’t go to work and have to rely on our savings, which is frustrating and worrisome.  If you have been wanting to find a way to make money during lockdowns […]

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Due to the ongoing lockdown, many of us get to stay home more often. While this is a good opportunity for us to relax, we can’t go to work and have to rely on our savings, which is frustrating and worrisome. 

If you have been wanting to find a way to make money during lockdowns or in your spare time, online trading on your phone may be a great option for you. Crypto exchanges make trading more accessible to small investors with little experience or low budgets. This is especially true for futures trading, in which investors could borrow leverage from exchanges to increase their buy power. 

If you are interested in futures trading in the crypto market but aren’t familiar with the markets, you can learn a great deal about how to get started here. Simply put, futures trading enables you to profit from the ups and downs of the market, so any price swing could be an opportunity to profit. 

To get started trading, you only need to create an account on an exchange and now with easy-to-use phone apps like Bexplus‘, you can set up your account in minutes from nearly anywhere. Bexplus is a cryptocurrency trading platform providing 100x leverage on BTC, ETH, LOS, XRP and EOS. No KYC and no deposit fee, Bexplus offers services in 37 countries including the USA, Iran, Korea, and Sudan. 

According to App Annie, the largest mobile marketing app analytics and app market database in the world, as of May 2020 Bexplus’s apps have been ranked in the Top 5 of keyword search results related to bitcoin trading in 56 countries.

Let’s take a look at the Bexplus app to see what advantages it offers.

How Bexplus Apps Make Trading Crypto Futures Easier 2

On the home menu tab, besides market indexes (there are bitcoin, litecoin, and ether prices on the main display), we see constantly updating recent trades lists (which might show you the market sentiment and to open the correct position).

Also, Bexplus is famous for its detailed beginner’s guide and demo account, which enables you to practice as much as you like. 

The market tab offers 5 types of indicators which are available for the main chart and 11 for sub chart. Among the indicators are a bullish-bearish indicator, Bollinger bands, moving average convergence divergence, stochastic oscillator, and many more. No matter whether you’re a beginner or an advanced trader, Bexplus accumulates all the options needed for daily trading.

The market menu tab allows you to open long (buy/up) and short (sell/down) positions: before placing an order you’ll be asked to choose the position volume. Keep in mind that volume doesn’t refer to position amount, it’s rather a proportion of position size to your account balance, thus, 0.1 volume doesn’t suppose that you’re about to open a 0.1 BTC position, it will be just 0.001 BTC in size.

How Bexplus Apps Make Trading Crypto Futures Easier 3

The trade tab is basically an order management menu, where traders can browse currently opened market orders, limit orders, and trading history.

The indexes for each trade include floating profit and loss, the free margin available, currently used margin, margin level, and your balance account as for now with opened positions (net worth).

Bexplus also offers standard risk prevention instruments such as stop-loss, which is available by pressing on the specific order tab in the trades list.

Though looking quite simple, the Bexplus app is as full-featured as its desktop counterpart. Besides trading, you can store your bitcoin in the interest-bearing wallet, in which you can gain up to 30% annualized interest.  

Bitcoin trades around the clock and huge price swings could occur any minute. If you hope to monitor your account anytime and anywhere, the Bexplus app is the right tool for you. With the 24/7 notification, you can stay updated with the market.  All data and assets can be accessed through all kinds of devices including desktops, mobile phones, and tablets.

How Bexplus Apps Make Trading Crypto Futures Easier 4

Disclaimer. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Source: https://www.cryptopolitan.com/how-bexplus-apps-make-trading-crypto-futures-easier/

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