ILLEGAL ACTIVITIES

U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela’s planned cryptocurrency in a new letter. In an open letter addressed to U.S. Treasury Secretary Steven Mnuchin, Rubio and Menendez asked how the Treasury Department was monitoring Venezuela’s plan to create its own oil-backed cryptocurrency, which the country’s president, Nicolas Maduro, has said will help the country avoid global financial sanctions. Read More @ https://www.coindesk.com/u-s-senators-decry-venezuelan-petro/

COST OF TRANSACTION & SOLUTION.

Rising fees seem to be the only thing people talk about in the bitcoin world these days.

The crypto space is full of frustration and vitriol on the topic, as the average transaction fee has soared to $19, turning bitcoin’s old claim to fame as a cheaper online payment method into a laughable assertion. But despite these increasing costs, and the long-running debate they’ve caused, developers and users argue there are simple ways to decrease fees that aren’t being fully taken advantage of. This point was raised recently when new data came to light suggesting that one bitcoin startup, Coinbase, singlehandedly facilitates as many as half of all bitcoin transactions, based on the drop in overall network volume when the U.S.-based exchange went offline for a couple hours on Jan. 11. Read more @ https://www.coindesk.com/save-bitcoins-soaring-fees/

DOWNTREND CONTINUES

The price of bitcoin is down more than 10% today, according to CoinDesk’s Bitcoin Price Index (BPI). At press time, the cryptocurrency’s price is trading around $10,237.28, a decline of roughly 10.92% from the day’s open of $11,522.86. As it stands, the current value is near the daily low of $10,050.79, and as of time of writing the price of bitcoin is down more than $1,200 for the day. As seen in the graph, the price held above $11,000 until roughly 13:15 UTC, after which the price dropped below that level.

OUR VIEWS

  • We will see the development; and make the move when it is right.
  • More and More Crypto in the making and this will be totally dis-organised and dangerous to the central banking system.
  • Matter if time such transaction have to stop.
  • Always be cautious as more and more scammers are cashing in for those who lack in knowledge.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?