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Are The Crypto Whales Feeding? Rollblock, JASMY and Celestia (TIA) See Huge Jumps in Volume With Increased Larger Transactions

By
TI Partners
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0

In the last 24 hours, Celestia (TIA) has risen 14%, and Jasmy (JASMY) has only risen 1.51%, with a 24.17% increase over the last week. Meanwhile, Rollblock (RBLK) has sailed ahead confidently, attracting several large crypto whales in the process.

Rollblock is set up to experience a great run ahead with massive rallies in the coming months that may lead to dazzling gains. Currently, it’s in stage 4 of its presale, and RBLK has already soared 60%. Many experts believe that there could be gains of 50x in the coming weeks ahead, with a 100x rally once the project is listed on major exchanges.

Celestia Experiences a Significant Surge: What Could Be the Reasons?

Santiment reports that social media conversations regarding Celestia, increased by 78% in the last 24 hours, with a heightened interest in the crypto coin. The total open interest is up by around 12% from $91.6 million to $102 million, which could indicate high volatility in price. Right now, Celestia sees many mixed signals from the market, but investors overall remain bullish.

Some worry that Celestia’s returns might not be sustainable. For example, Celestia’s price increased from $8 to $12 over the last month while many cryptocurrencies crashed. This suggests that Celestia could soon experience a correction, with some analysts stating that Celestia could fall as low as $7.

Why Has Jasmy Soared?

Jasmy saw a 14% price increase in the last 24 hours, taking Jasmy’s price to $0.267. The project rallied after Jasmy developers announced a new deal with NOWPayments in Japan. NOWPayments is a crypto payment gateway company recently featured in a Forbes article. This collaboration significantly enhances Jasmy’s utility and is expected to drive up the project value in Q3.

Crypto Whales Accumulating Rollblock as the Next Big Investment

Rollblock looks to close the gap between centralized and decentralized casino gaming with its GambleFi casino. The project introduces over 150 games from several top gaming providers. Its use of blockchain technology makes its platform extremely secure. All transactions are recorded on the blockchain, and bets can’t be altered once placed.

In addition to its enhanced security, Rollblock will share up to 30% of its daily profits with those who hold RBLK coins. To achieve this, Rollblock will use revenue to buy $RBLK from the open market. Half of the tokens it buys will be burned, and the remaining half will be used for staking rewards. Because of this unique revenue-share model, RBLK is set to become one of the market’s leading altcoins by the end of the year.

Another lucrative feature provided by the casino is its ease of access. To enter, players aren’t required to pass any intrusive KYC checks. This keeps personal information private and out of the hands of cybercriminals who could harm people by stealing their identity or getting into their financial accounts. Instead of doing a KYC, people just need to add an email address to the account to sign up. Alternatively, they could use their crypto wallet. With either option, a user can remain fully anonymous.

Right now, Rollblock shoots through stage 4 of its presale. The project has raised over $1 million in less than two months with the token rising over 50%. Over 100 million tokens have been sold and now experts believe that $RBLK could see a massive 880% rally during its presale. Post launch, returns are expected to increase an additional 100x, during which Rollblock could outperform Jasmy and Celestia.

Currently in stage three of its presale, Rollblock tokens are selling for just $0.017. However, with stage three sold out, tokens are expected to rally before the end of July. As a result, investors need to act fast to capitalize on Rollblock during its early stages. With innovative new features like sports betting on the way, it’s only a matter of time until Rollblock rallies. According to experts, its disruptive technology could disrupt the $450 billion gambling market, offering huge rewards for investors in the process!

 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Binance US to Invest Customer Assets in US Treasury Bills

By
Paul Ugbede Godwin
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0

In a landmark decision, Binance US has received court approval to invest customer assets in US Treasury Bills, a move that marks a significant shift in the cryptocurrency exchange’s operations. This strategic decision comes after a year of intense scrutiny and legal challenges from regulatory bodies.

The court’s approval allows Binance US to invest customer fiat funds into one of the most secure financial instruments available, US Treasury Bills. This decision not only reflects the growing maturity of the cryptocurrency market but also showcases the potential for traditional financial instruments to intersect with digital asset management.

The investment in Treasury Bills is expected to provide a stable and low risk return for customers, while also ensuring that their funds are safeguarded in a highly liquid asset. This is particularly important in the volatile world of cryptocurrency, where the security of funds is a paramount concern for both investors and regulators.

The court ruling specifies that Binance can only invest certain customer holdings under the custody of BitGo, a leader in digital asset security. The funds will mature on a rolling four-week basis, ensuring that investments are continuously renewed and managed efficiently.

The move by Binance US could pave the way for other cryptocurrency exchanges to follow suit, creating a new standard for the investment of customer funds. It also highlights the potential for cryptocurrency exchanges to diversify their offerings, providing customers with a blend of digital and traditional investment opportunities.

Here’s how this move could impact the customers of Binance US:

Enhanced Security of Funds: By investing in US Treasury Bills, which are backed by the full faith and credit of the US government, Binance US provides an additional layer of security for customer funds. This is especially reassuring in the volatile cryptocurrency market, where the security of assets is a top concern.

Stable Returns: Treasury Bills are known for their stability and offer a predictable return, albeit lower compared to high-risk investments. For customers, this means a portion of their assets could yield consistent returns, balancing out the risks associated with cryptocurrency investments.

Increased Liquidity: The investment in short-term Treasury Bills ensures that funds remain highly liquid. This is crucial for customers who may need quick access to their funds, providing peace of mind that their assets can be readily available when needed.

Regulatory Compliance: The court approval indicates that Binance US is operating within the regulatory framework, which may increase customer confidence in the platform’s commitment to legal compliance and operational integrity.

Potential for Diversification: This move could signal the beginning of more diversified investment options for Binance US customers, blending traditional financial instruments with modern cryptocurrency offerings.

Lifting of Previous Restrictions: With the court’s approval lifting certain restrictions, Binance US might be able to offer more flexible and innovative services to its customers, potentially enhancing the overall user experience.

Precedent for the Industry: Binance US’s actions could set a precedent for other cryptocurrency exchanges, potentially leading to industry-wide adoption of similar practices. This could standardize the security and management of customer funds across the sector.

Long-Term Implications: The integration of traditional financial instruments like US Treasury Bills into the operations of a cryptocurrency exchange could pave the way for further convergence between digital and traditional finance sectors, benefiting customers through more robust financial solutions.

The decision by the court also lifts previous restrictions levied by the US Securities and Exchange Commission, granting Binance US more flexibility in managing customer assets. This is a positive development for the exchange, which has faced legal challenges regarding its operations and transparency in the past.

The approval is a testament to the rigorous compliance and operational standards that Binance US has set, aiming to align with regulatory expectations and customer protection mandates. It also signals a growing recognition of cryptocurrency exchanges as legitimate financial entities capable of engaging in traditional investment practices.

As the cryptocurrency landscape continues to evolve, the integration of conventional financial mechanisms like US Treasury Bills could become more commonplace, providing a bridge between the new age of digital assets and the established world of finance. For Binance US, this approval could mark the beginning of a new era, one where customer trust and security are bolstered by the backing of time-tested financial instruments.

Is the Democrat Party Trying to Replace President Biden Ahead of November 2024 Elections?

By
Paul Ugbede Godwin
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0

As the November 2024 elections approach, the political landscape is abuzz with speculation and strategic maneuvers. Recent reports indicate a significant number of Democratic lawmakers have expressed a desire for President Joe Biden to consider stepping aside for the upcoming election. This sentiment reflects more than 10% of the combined Democratic caucuses in the House and Senate, showcasing a notable shift within party ranks.

The Democratic National Convention, scheduled for August 19-22, looms on the horizon as a pivotal moment for the party’s decision-making process. If President Biden were to withdraw his candidacy, the convention could become the stage for selecting a new nominee. The process for replacing a candidate varies depending on the timing of such a decision. If President Biden steps aside before being formally nominated, his pledged delegates would be free to vote for a new candidate of their choice at the convention. Conversely, if he withdraws after securing the nomination, the Democratic National Committee (DNC) would be responsible for appointing a successor.

The implications of such a change are profound, affecting campaign strategies, voter sentiment, and the overall direction of the party. It would also set off a series of state-specific challenges, particularly with meeting filing deadlines and ensuring the new nominee appears on ballots across the country.

Amidst this backdrop, former President Donald Trump remains a central figure, with current polling data placing him ahead of President Biden by a narrow margin. This adds another layer of complexity to the Democrats’ strategic considerations as they weigh the potential outcomes of maintaining the current course versus opting for a change in candidacy.

One of the immediate consequences of replacing President Biden would be the need for the Democratic Party to quickly unify behind a new candidate. This could prove challenging, as the party would need to navigate the delicate balance of maintaining cohesion among its members while also rallying support from voters who may have been loyal to President Biden. The new candidate would need to establish their platform and vision for the country in a relatively short period, which could impact the party’s ability to present a clear and consistent message to the electorate.

Another consequence would be the logistical challenges associated with such a change. The Democratic National Committee (DNC) would need to follow a specific process to nominate a new candidate, which includes navigating state-specific rules and deadlines to ensure the new nominee appears on ballots across the country. This could lead to legal and bureaucratic hurdles that may affect the party’s preparedness for the election.

Furthermore, the replacement of a sitting president as the party’s nominee could have significant implications for the party’s image and credibility. It could be perceived as a sign of internal discord or lack of confidence in the incumbent’s ability to win a second term. This perception could potentially weaken the party’s standing with voters and impact the outcome of not only the presidential race but also down-ballot races across the nation.

The international community would also be closely watching such a development. A change in the Democratic nominee could lead to uncertainty about the future direction of U.S. foreign policy and international relations. Allies and adversaries alike may reassess their strategies and positions in anticipation of a potential shift in the U.S. leadership.

Replacing President Biden could also have a profound effect on the Democratic Party’s long-term identity and strategy. It would set a precedent for how the party handles challenges and transitions, influencing future decisions and potentially reshaping the party’s approach to leadership and governance.

As the situation unfolds, the Democratic party faces a critical juncture. The decisions made in the coming weeks will not only shape the 2024 presidential race but also have lasting impacts on the party’s identity and future direction. With the world watching, the Democratic party’s next steps will be pivotal in defining the political narrative for the United States and beyond.

The decision to replace President Biden as the Democratic nominee would carry far-reaching consequences that extend beyond the immediate political cycle. It would affect the party’s unity, electoral logistics, public image, international relations, and long-term strategic direction.

RLBK’s Innovative Presale Outshines Established Meme Coins PEPE and BOME, Capturing Attention Amid Growing Utility Concerns

By
TI Partners
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0

Rollblock (RLBK) has investors fascinated with its utility-focused approach. This is because of the growing utility concerns of top meme coins like Pepe Coin (PEPE) and Book of Meme (BOME). Rollblock is hosting an innovative presale and promises stability and substantial returns. Meanwhile, the aforementioned coins rely on a hype that is driven by the community.

The successful presale, raising over $1 million, highlights significant confidence in Rollblock’s potential. As a utility token, Rollblock offers a revenue-sharing model that ensures a steady income for token holders, setting it apart from the speculative nature and growing utility concerns of meme coins.

Pepe Coin (PEPE): A meme powerhouse

Pepe Coin ($PEPE) stormed into the crypto scene in April 2023, riding high on the fame of the Pepe the Frog meme. This meme coin didn’t waste any time making headlines, hitting a $1 billion market cap in just three weeks—something that took Dogecoin (DOGE) years to achieve. Such a rapid rise made PEPE one of the top meme coins on the market.

Despite the wild price swings, the number of $PEPE holders has been steadily increasing. The community’s support has been holding on longer than anyone could have expected. However way you look at it: PEPE has no inherent value or promise of financial returns.

Book of Meme (BOME): Massive potential about to be unlocked

Book of Meme (BOME) is aiming to shake up the meme coin space by merging memes with decentralized storage. Just after launch, BOME saw remarkable gains. But it’s worth mentioning it has also faced significant volatility since its launch in March 2024.

The project has ambitious plans for the future, including tools for meme creation and interactive games. These features are still in development, making BOME a speculative asset for now. It is definitely one of the top meme coins to watch though.

Rollblock (RBLK): Utility token with real potential

Top meme coins like PEPE and BOME dominate the headlines with their utility concerns. While utility token Rollblock (RLBK) is a breath of fresh air for those looking for something more solid. Unlike the top meme coins that rely on social media hype, Rollblock is all about real-world value. This new project is tailored for the online gambling market, combining centralized and decentralized gaming platforms to offer a smooth and engaging experience.

What makes Rollblock really stand out is its innovative revenue-sharing model. Token holders get a share of the casino’s daily profits, providing a steady income stream. This boosts the token’s value and ensures dependable returns.

Rollblock’s presale has been a hit, raising over $1.2 million in stage 4, with tokens priced at just $0.017 each. This shows investors are confident in Rollblock’s potential to deliver consistent returns and practical value, unlike the more speculative top meme coins.

A key concern with top meme coins like PEPE and BOME is their lack of utility. They thrive on community hype and social media buzz, but this can be fickle and unsustainable in the long run. Rollblock addresses these utility concerns by offering real-world applications.

Also it’s crazy easy to get started. With just an email or wallet connection, users can begin earning right away, avoiding the hassle of complicated KYC procedures that many other platforms require. This simplicity will boost user numbers and investor interest right off the bat.

People are looking for reliable investment opportunities, and Rollblock fits the bill perfectly. Utility token Rollblock is a smart choice for anyone looking to diversify their portfolio and secure reliable returns. While PEPE and BOME deal with the ups and downs of the meme coin market, Rollblock offers stability and strong growth potential.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Central Bank of Nigeria (CBN) ‘s Unclaimed Dormant Account Policy is a Good Policy

By
Ndubuisi Ekekwe
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1

The summary: “The Central Bank of Nigeria (CBN) has announced its plan to harvest funds from unclaimed balances, dividends and dormant accounts, potentially putting them in Nigerian Treasury Bills (NTBs) and other government securities. This announcement comes as part of the newly released “Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks and Other Financial Institutions in Nigeria,” which aims to standardize the handling of dormant accounts and unclaimed financial assets.”

Good People, this is a good policy. Nigerians should support the apex bank even though some people are distorting this policy, positing that the government wants to hijack people’s money. That is not true.

(The government noted that it would return the funds if later the owner comes up. Sure, I get the concern on the capacity of the Nigerian government to make the owner whole. Yet, that is not the real issue here as the risk there cannot be compared to the huge benefit of this policy. In other words, the benefits are clear and outweigh the risks.)

First, a dormant account of ten years is not being hijacked. Banks are smart, they will do everything possible to check on with the customer before the 10-year deadline, because no bank would like to lose deposits for the government. In other words, this policy will make banks check on with their customers at least from the 9th year! 

But where the bank is unable to get in contact with the customer in all forms, would you prefer the bank to keep that money or the government? Today, banks keep the funds, and most are stolen and illegally converted by bad actors in banks. In all developed economies, such funds are warehoused with the national treasury if the bank cannot establish contacts with the customer or next of kin or any beneficiary via the national ID.

In Nigeria, many people die and their spouses do not even know they have bank accounts. This will force banks to disclose owners of the accounts as they are being transferred to the federal government. The next level of advocacy is for the government to make that data public with original addresses/contacts used.

That man called “Eze-ego” (king of money) has died and within years, his family is begging for food,  because Eze-ego opened bank accounts no one knew about, and when he died, the banks did not reach the family on the pretense of “privacy” and wishes of our clients. Nonsense. With this policy, if the bank does not want the balance sent to the government, it must reach the family so that the account does not go dormant. 

I have been pushing for this policy and today, I commend Yemi Cardoso, the CBN Governor, for this policy. This is an A+ policy making. It must be put in the books in the National Assembly, not just a circular so that one crazy future Governor does not change it.

Remember #1 Rule for informally structured traders and business owners:  keep records of bank accounts, share certificates, etc and make sure spouses and kids know what you are doing since there is hardly any formal business structure!

My Response

On this being a hijacking: Imagine if you support your thesis with a reason. Someone is a thief here – either the bank or the government. The victim is that dead man who left N10m and the wife is begging for N100k to support the kids. Tell me why this is a theft when the government noted that it would return the funds in 10 days or so if the owner resurfaces. Dropping political correctness is nonsense because you are not bolder than Ndubuisi, but one thing is clear – I have no agenda, I make my calls irrespective of how anyone feels. Tell me why this is a “theft”

On lack of disclosure: At least under the whistleblower policy, someone is  open to jail time. Be the head responsible and hide it, some good persons can disclose and that is it. Making it a law means someone thinks before playing with the bank lords. That is the issue here – you do not beg them!

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