Our roadmap foresees the launch of Venice Swap Crypto Exchange in next Q1–2022 (predictably in the month of February) and then the completion of the first set of provided crypto tools with the publishing of our DeFi Swap application.

Venice Swap owes its name to the extraordinary history of the Most Serene Republic of Venice as a naval and mercantile empire, which between Rialto and Piazza San Marco invented the very concept of a modern stock exchange. Just as the Serenissima did in the past, today Venice Swap intends to shape a new concept of crypto exchange where a bunch of different applications will create a powerful shared one-stop crypto experience for end users and traders.

Beyond being a one-stop experience crypto trading solution, Venice Swap aims to shape an entire blockchain-based financial ecosystem.

That means that we have arrived to a crucial point where we have a great Venice Swap proof of concept and also two applications in development and almost available in their first release and most important — we need to promote Venice Swap on a global basis in order to offer it to all of our customers, because it will change the way they buy, sell, trade and swap their favorite cryptocurrency and token.

VENICE COIN (“VENICE”) is the utility token that Venice Swap Platform will use in all transactions related to distributed credits on the Platform itself. Its credit system is already tokenized on a private ledger and it will be a shared resource among all the products published in its platform. The final goal is to adopt VENICE COIN as its “internal fuel”, creating a public ledger blockchain-based Venice Swap platform. VENICE is the cryptocurrency that powers Venice Swap ecosystem. It follows ERC20 token standard on the Ethereum blockchain.

Venice Swap is run by a set of operators, including but not limited to legal persons (including Venice Swap UAB, a fintech company which has been officially licensed in Lithuania as Crypto Exchange Operator and Wallet Depository Operator), unincorporated organizations and teams that provide Venice Swap Services and are responsible for such services

Venice Swap Marketing Team

GENERAL INFO:

Source

What to expect in 2022?

Despite the record growth in 2021, many remained sceptical about whether NFTs would continue with this momentum in 2022. A hopeful indication that the asset class has legitimate staying power is the four-month high trading volume on 2 January of $2.3 billion.

Many speculators agree that growth in the market is imminent — fiat onramps are making it easier for investors to purchase their first NFTs, and every week household names — whether celebrities or corporate brands — are entering the space to launch their own collections, introducing newcomers to the thriving space. This can be viewed as an attempt from these brands to position themselves favorably for the growth of the metaverse in coming years. The encouragement of well-known and respected investors such as Kevin O’Leary is also helping to fuel positive sentiment, with the Shark Tank host believing the NFT market’s value could surpass Bitcoin in 2022 — especially if NFTs pegged to physical assets begin to take off.

The launch of the Out of Africa collection

With this potential market growth in mind, the Out of Africa collection is set to launch at a very promising time. The NFT collection is the world’s first curated collection of physical fine art sold via the blockchain and features some of Southern Africa’s top fine artists.

Phase 1 (Ticketing Phase) is set to kick off the Sales Process this January — where anybody stands the chance to win a Poster-NFT (P-NFT) in the free-to-enter lottery. These P-NFTs will act as your ticket to participate in Phase 2 (Auction Phase). More can be learnt about the unique sales process in our previous Medium article. To stay up to date on announcement dates you can sign up to our newsletter and follow us on Twitter.

— — — — — — — — — 结论 — — — — — — — — — — —

BTC的实现价格分布上我们可以发现，4万上下仍然是主要的支撑点，尤其是4.1万在大量的吸筹，而经过整个周末的震荡，可以看到4.5万以下的阻力几乎不存在了，只要资金量上来随时可以冲上去，但是我个人估计目前的情况下逐步巩固筑底才是最重要的，所以下周周初的情况应该还是在筑底的位置震荡为主。

ETH周末的出售也是以20天的年轻筹码为主，但是ETH的出售中包含了大量的NFT获利筹码在内，所以对于很多的获利者来说，为了锁定利润不惜以砸盘的形式将ETH兑换成现金，这也是ETH所遇到的问题。但是“能量守恒”定律也是一样适用于币圈，即便是NFT也不会凭空造出资金，有多少卖盘就有多少买盘。

— — — — — — — — — 正文 — — — — — — — — — — — -

BTC今天的情况还是以小范围震荡为主，几乎可以说毫无波澜，尤其是失去了主力资金的支持，就连砸盘都感觉砸的不痛快了，这里有一点需要注意，今天凌晨BTC又数次差点击穿40,000但是都被大单托底拉了起来，而到白天反而没有量了，砸盘也不在了，市场上出售的BTC继续是25天左右的年轻筹码。

ETH在上一轮的表现非常的抢眼，但是在强下跌的趋势下还是比不过BTC，尤其是同BTC的汇率直接跌破了0.075，到目前为止ETH的持仓用户获利仍高达75%，领先了BTC将近5%。但即便是这样，ETH的购买力还是仅次于BTC的，即便是周末资金非常短缺的情况下，ETH和BTC的成交差异都不到10%，远超均值。

BTC的合约情况一直是随着现货价格的，凌晨现货下跌导致被动减持后，合约的情况几乎就没有变化，未平合约所在的点位依然超过了1204处于有史以来的高点，资金费率显示看多仍然是主流的趋势，不得不提这一届的BTC合约选手真的是值得敬佩，从6万5一路看多看到4万，而且还保持着很高的杠杆率。

ETH的合约情况相比于BTC要健康多了，虽然未平合约还是处于历史高点，但是还是从相对的更高点降下来了，新合约的成交量也不算高，而且资金费率也不是一直死要多头不放，但是这么强烈的看空也不是很理性，而且杠杆率也不低。虽然目前的ETH走势不尽人意，但成交量还是紧跟BTC，黑天鹅较小。

BTC的长期持有数据现在看，经过长期的下行已经有了回升的趋势，长期持有人对于当前价格完全没有兴趣，继续回到增持的阶段，这预示着BTC又要开始了抢筹码的阶段，这个阶段BTC未必价格会一直上涨，但一方面会带来流通量减少，而另一方面则会加剧BTC向高净值流动。目前长期持有BTC超过1,300万枚。

So I have to admit. I cheated. The price of DRIP has been in a steady decline since setting up this 10k wallet, and honestly it was too sweet for me not to put more into it.

So — my 10k wallet has now had $47,400 total deposited into it in the last 20 days. I mean seriously — with DRIP on sale I couldn’t pass it up.

Same story as before — that money was just sitting on the sidelines not earning much (a lot of it was in CRO, which I still fully believe in — but does CRO pay 1% per day? Nope!)

But — I can still give some good numbers showing growth through only compounding.

19 Days:After 19 days, the deposits had grown from 67 DRIP to 71 DRIP — that’s a 6% increase in my deposit in 19 days. I follow a combination of Hydrating (Compunding) and Claiming on all of my wallets that isn’t quite 50/50, more like 40/60 — so if you are one that would hydrate only then the deposit growth could be quite a bit more than that.

But — that’s from .67 to .71 DRIP per day too — so that’s also a 6% increase in daily rewards — after just 19 days. Those are real numbers, with zero team building influence. This was on track to grow more than my .75 daily projection at 30 days — so things are looking great.

I still have 0 team members, and I will continue to have 0 team members on this wallet — because the way DRIP works everyone can get in and do well. You really don’t have to build a team at all — and I’m proving that every day with this wallet.

Day 20:So what do my numbers look like today? Well after adding $37,400 to my faucet deposit clearly the balance has gone up :)

Deposit Balance 454 DRIP, paying out 4.54 DRIP per day. Once a DRIP deposit crosses 100 DRIP things really start to feel like they speed up. So I just turbo charged this wallet.

I’m super excited about the future of this wallet, and I’ll continue sharing updates about it every month or so.

One of the reasons that I took this giant step, and some risk (there’s risk in everything, this is still Crypto guys!) is that I feel strong conviction about this project — and as I said in my initial article about the 10k wallet, I’m putting my money where my mouth is.

Why should you be willing to put your money into a system if I’m not willing to put more into it myself? I’m actually planning on another large faucet deposit (Even bigger than this last one) when a few things come together, so again, I’m putting my money where my mouth is. Come join me.

Connect with me on Telegram down below after you get joined, or if you need a little help. Someone is almost always watching the gateway group, and once you get joined up I’ll find you and get you into the larger team groups. We’re like a big family!

DRIP is a DeFi project that can provide passive income. You purchase your DRIP and deposit it into the faucet, then the faucet pays you 1% per day every single day in new DRIP tokens. You can choose to Hydrate (compound) your daily 1% back into your deposit so you receive more tomorrow, or you can choose to claim your earnings back out. That is an extremely simplified version, but hits the highlights. You can read more about it here: How I Could Buy All of My Christmas Presents This Year with Crypto, If I Wanted To! or you can see some of my very real numbers here: Crypto Retirement Update — 60 Days in DRIP, how does an extra $5,500/mo sound to you?

I will admit — I was a bit freaked out in the beginning about having to make my deposit, and only claim it out through the hydrate/claim method — as opposed to being able to pull my initial deposit back out at any time — but as I’ve gotten more comfortable with the DRIP Network, and look at the future projects getting ready to come out I wonder what would have happened if I had gone even bigger on my initial deposit.

I am part of the Cryptozoa DRIP team. We are a global community of DRIP enthusiasts who are welcoming and helpful. We converse on our own private Telegram group where we share DRIP tips, strategies, breaking news, and more. If you would like to join in the conversation, please join the Cryptozoa team (by getting into DRIP and using my Buddy address above), and then head over to my Personal Telegram Gateway. I can help you get going with DRIP if you need it, or answer any questions you have as well (to the best of my ability!)

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links.

After evasion of GST by Cryptocurrency Service suppliers WazirX, the board General of GST Intelligence has come back down heavily on Cryptocurrency exchanges in operation within the country, same sources. “Around 6 offices of Cryptocurrency Service providers are searched and big and massive and service Tax (GST) evasion has been detected by DGGI,” sources. According to sources, around seventy Cr. value of evasion has been detected throughout the quelling on Cryptocurrency trade by Mumbai CGST and DGGI.

“The DGGI is working Coinswitch Kuber by M/s Bitcipher Labs LLP, CoinDCX by M/s Neblio Technologies PVT. LTD., BuyUCoin by M/S I Block Technologies Pvt. LTD., and Unocoin by M/s Unocoin Technologies Pvt. LTD,” sources same.

Official sources additionally said, “They are providing facilitation intermediator services for buying and trading and commercialism of crypto coins. These services attract a GST rate of duty of eighteen percent that all of them are evading.”

Another official source said, who was a part of this search told, “These service suppliers were charging a commission for his or her facilitation to relishes exchange of bitcoins however weren’t paying GST tax. These transactions were intercepted by DGGI and that they were confronted with proof that verified non-payment of GST.”

The on top of case could be a part of the special anti-tax evasion drive, that depends on intensive data processing and data mining analytics, initiated by the CGST Mumbai Zone.

Crypto wallet and exchange are platforms where merchants and customers will interact with digital assets like bitcoin, Ethereum, ripple, etc. According to the announcement, this exchange provides a choice to the trader or user to interact with a rupee or other currency. The exchange is charging a commission on every dealings in cryptocurrency from each purchaser and merchant each, it said. “However, the price of the commission is totally different for each transaction. During the investigation, it came to note that the remunerator wont to collect revenue from the commission as buying and selling fees, deposit fees, and withdrawal fees. The user was paying GST solely on commission attained in rupee however wasn’t paying GST on commission attained in WRX.

The officers of CGST Mumbai zone work business transactions associated with rising economic areas like e-commerce, online vice, Non-Fungible Tokens to spot the areas of attainable evasion. “The CGST department can cowl all the cryptocurrency exchanges falling within the Mumbai zone and can additionally intensify this drive within the returning days,” expressed the discharge. Investigation into the case is ongoing.

As per the claim created CoinDCX their crypto app permits shopping for bitcoin and different cryptocurrencies instantly in India and has over 7.5 million users and over one crore downloads with ₹ seven billion cryptos purchased. As per the website that the CoinSwitch Kuber mercantilism platform has processed over USD five billion, BuyUcoin primarily based out of Delhi-NCR in India has over a million users and is listed over USD 800 million. Unocoin is additionally a platform to trade Bitcoin, Ether, Tether, among different such platforms of crypto assets has offices in Bangalore that have processed over ten million as per their website.

#crypto #cryptocurrency #Bitcoin #trading #Wazirx #BTC #ETH #BNB

Let’s begin with a little test! Have you ever heard of these words? “HODL, REKT, DYOR…”

If you answered yes, congratulations! You are one of 300 million cryptocurrency users worldwide, approximately 3.9% of the world population. If you replied no, don’t worry; you will after reading this post!

In the previous article we discussed that it’s like learning a new language when it comes to cryptocurrency. It is critical to focus on the right words and reduce wasted time while learning a new language in order to enhance the quantity of information you absorb.

Learning cryptocurrencies works on the same principle. Adding certain key terms to your vocabulary list is essential if you want to obtain a basic understanding of the crypto market and survive it.

Here are some fundamental crypto terms you should know!

Altcoin: Altcoins are coins that are not Bitcoin.

ATH: All-Time High. The highest price of a currency ever recorded.

ATL: All-Time Low. The lowest price of a currency ever recorded.

Bear Market: Strong market downtrend. It is widely used both in the traditional and cryptocurrency markets.

Bitcoin Pizza: Bitcoin Pizza is the name given to the first known purchase of physical goods with Bitcoin. (Click here to see how two pizzas were worth $600 million!)

Bull Market: Strong market uptrend. It is widely used both in the traditional and cryptocurrency markets.

Buy Wall: Refers to the situation where a massive buy order, or cumulation of buy orders have been placed at a particular price level.

Circulating Supply: The best approximate number of cryptocurrency coins or tokens that are publicly available and circulating in the market.

DEX: Exchanges which do not require users to deposit funds to start trading and do not hold the funds for the user. Users trade directly from their own wallets. (E.g. Uniswap, Pancakeswap)

DeFi: Decentralized Finance. The ecosystem comprised of decentralized financial applications developed on top of blockchain networks.

Dead Cat Bounce: A brief recovery in the price of a declining asset that is shortly followed by a continuation of a downtrend.

Death Cross: Technical chart pattern indicating the potential for a major sell-off. The death cross is a downtrend indicator that appears when the 50-day moving average (MA) dips below the 200-day MA.

Double Spending: When a given amount of coins are spent more than once. Usually as a result of a race attack or a 51% attack.

DYOR: Do Your Own Research. It’s always wise to research a coin or token yourself instead of following what others say.

ERC-20: A technical standard used to issue and implement tokens on the Ethereum blockchain proposed in November 2015 by Fabian Vogelsteller.

Exchange: A marketplace for cryptocurrencies where users can buy and sell coins. (List of Top Crypto Spot Exchanges)

FGI: Fear & Greed Index. A daily snapshot that analyzes sentiments and indicates whether the market is bullish (high) or bearish (low). The index of 1 represents extreme fear and 100 represents extreme greed.

Fiat: A government-issued currency that is not backed by a physical commodity but rather by the government that issued it.

FOMO: Fear Of Missing Out. Fear and anxiety that you might be missing out on a potentially lucrative trading opportunity, mostly during bull market.

FUD: Fear, Uncertainty, and Doubt. Spreading fear via misinformation to gain an advantage in the market. Usually used in the form of “xxx spreading FUD again.”

Gas: The pricing mechanism employed on the Ethereum blockchain to calculate the costs of smart contracts operations and transaction fees.

Golden Cross: Bullish breakout pattern. An uptrend in the market where a shorter-term moving average crosses above a longer-term moving average.

Halving: Approximately every four years, the amount of bitcoin awarded to miners is reduced by half, until all 21 million bitcoin have been virtually mined (probably around the year 2140).

HODL: In early bitcoin forums, someone posted a message with a typo that spelled “hold” wrong, and later it has been retrofitted to be an acronym for “Hold On for Dear Life”. Refers to crypto investors who do not plan to sell, and are long-term HODLERS.

ICO: Initial Coin Offering. A fundraising method in which new projects will sell their cryptocurrency to investors.

Ledger: A physical book or digital computer file where monetary and financial transactions are tracked and recorded.

Lightening Network: A second later operation on top of a blockchain, enabling increased transaction speed among participating nodes.

Liquidity: The ability to sell or buy any given asset without causing significant fluctuations and convert into cash or other coins in the market.

Market Capitalization: The total trading value of a given coin, calculated by the product of the supply of the coin by the current price.

Mining: The process of verifying and validating blockchain transactions that creates new units of cryptocurrencies.

Moon: A strong upward market trend and extreme bullish movement. Usually used in the form of “To the moon!.”

NFT: Non-fungible Token. NFTs are non-fungible, cryptographic, and one-of-a-kind digital assets that cannot be reproduced or divided, such as images, music files, or text.

Paper Wallet: A piece of paper on which a cryptocurrency address and its corresponding private key are physically printed out.

P2P: Peer-to-Peer. When two or more computers are connected and share workload or resources without relying on a centralized server.

Phishing: A malicious attack where a bad actor will attempt to obtain the credentials of a user in order to gain unauthorized access into their account.

Private Key: A lengthy number, like a PIN or password, which grants cryptocurrency users the ownership of their funds. Private keys should be kept private!

REKT: A slang term for “wrecked”, used to define someone who has experienced a heavy financial loss due to a wrong trade or investment.

RSI: Relative Strength Index. A technical indicator that measures market momentum & used to identify overbought and oversold conditions.

Satoshi: The smallest unit of a Bitcoin, as defined by the Bitcoin protocol. It equals one-hundred-millionth of a Bitcoin or 0.00000001 BTC.

Satoshi Nakamoto: The pseudonym of the creator or creators of the Bitcoin protocol and whitepaper.

Seed Phrase: A seed phrase or mnemonic seed is a collection of words that can be used to access your cryptocurrency wallet.

TA: Technical Analysis. In the traditional and cryptocurrency market, TA is one of the popular ways to estimate and predict the price of an asset in the near future.

Weak Hands: A term referring to traders or investors who lack the confidence to hold their assets or to follow their trading plans.

Whale: An individual or organization that holds a large amount of Bitcoins or other cryptocurrency, allowing them to impact the markets.

*Source: Binance Academy Glossary / Investopedia

Disclaimer: This article does not constitute investment advice, nor is it an offer or invitation to purchase any crypto assets. The Content in this article is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.