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Ethereum (ETH) Soars to Unprecedented Heights, Shaking Off Dip for Ants, as Yachtify (YCHT) Shines in Presale

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As Ethereum (ETH) hits a new all-time record with over 19 million ETH locked, demonstrating a robust long-term growth potential, an emerging crypto contender, Yachtify (YCHT), is shining in its presale phase.

Yachtify, with its unique proposition of democratizing luxury yacht ownership through blockchain, offers an appealing opportunity for investors looking for innovative investment avenues. While Ethereum continues to solidify its place as a leading cryptocurrency and smart contract platform, Yachtify’s impressive presale performance is a testament to the growing interest in niche, industry-specific cryptocurrencies.

Yachtify (YCHT): A New Star on the Horizon in the Presale Phase

Yachtify (YCHT), the newly introduced blockchain asset, is capturing the spotlight as it shines bright in its presale stage. This innovative token is not just another addition to the burgeoning digital currency landscape; it heralds a game-changing approach to investment in luxury assets, specifically yachts.

The remarkable feature that sets Yachtify apart is its solution to the longstanding challenge of yacht ownership – the significant capital outlay required. By leveraging blockchain technology, Yachtify has fractionalized yacht ownership, providing an opportunity for a much wider range of investors to take a slice of this luxury market. The fractionalization approach democratizes yacht investment, enabling participation from high-net-worth individuals and those with less to invest.

In the presale phase, Yachtify tokens are attractively priced at just $0.10 per token, presenting a golden opportunity for early investors to get on board at a low entry point. The benefits of participating in the presale don’t end there. Yachtify is offering an impressive 30% bonus on buys at this stage, providing additional incentives for early adopters.

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Ethereum (ETH) Soars to Unprecedented Heights, Shaking Off a Minor Dip

Ethereum (ETH) has reached a new all-time high, with an unprecedented 19,375,242 ETH now locked in the system, marking a significant milestone in the cryptocurrency’s evolution. This “out of circulation” ETH, consisting of a substantial amount locked in various categories such as ETH staked on the Beacon chain, ETH deposited into the Beacon contract awaiting validation, and rewards accrued on the Beacon chain, could potentially trigger an increase in demand and price due to the reduced supply availability, signaling important implications for Ethereum and its investors.

The substantial quantity of locked ETH underscores the growing interest in and adoption of Ethereum’s proof-of-stake (PoS) system, affirming investor confidence in Ethereum’s long-term viability and growth prospects. Despite minor fluctuations, the consistent growth in locked ETH indicates the cryptocurrency’s robust health, reminding investors to maintain a long-term perspective when evaluating market movements. The record-breaking amount of locked ETH highlights the strength of the Ethereum network and its potential for continued growth as Ethereum 2.0 evolves, and the transition to a PoS model further solidifies.

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Website: https://yachtify.market

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Twitter: https://twitter.com/yachtify_market

Crypto Regulations Could Push Traders to Platforms Like Tradecurve (TCRV) and Renq Finance (RENQ)

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As the world of cryptocurrencies continues to draw attention from regulators, traders are looking for alternatives. For instance, platforms like Tradecurve and Renq Finance, offer innovative trading models that tackle these issues. With the upcoming presale of Tradecurve’s native token (TCRV), the crypto landscape could witness another shift.

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Renq Finance: The Potential Bull of 2023

Renq Finance, a key player in the DeFi landscape, has been causing quite a stir in the crypto market recently. Known for its innovative solutions to the challenges of decentralized finance, Renq Finance has built a reputation as a forward-thinking project. By integrating an advanced blockchain platform with unique financial instruments, Renq Finance is shaping the future of crypto trading.

The latest buzz around Renq Finance is its bullish price prediction for 2023. Experts believe the token could reach between $1.3 and $1.6 per token by year-end. What drives this bullish forecast is Renq Finance’s strong fundamentals and the growing demand for DeFi solutions. Traders who’ve been following Renq Finance closely might not be surprised by this prediction. This is due to the project’s ambitious roadmap and commitment to innovation.

These factors, along with the anticipated regulatory crackdown on cryptocurrencies, make Renq Finance a promising option for traders. Its decentralized nature could offer traders the freedom and flexibility they need in a regulated crypto market. The predicted bullish price movement further enhances the attractiveness of Renq Finance as a potential investment.

Tradecurve: The New Frontier in Crypto Trading

In the wake of these developments, Tradecurve is also capturing the attention of traders. Its unique offering, which blends the best features of centralized and decentralized exchanges, is attracting investors. As the platform prepares for the presale of its native TCRV token, Tradecurve is all set to disrupt the status quo.

Tradecurve enables users to trade a wide range of assets, including cryptocurrencies, stocks, forex, and commodities, all from a single account. This cross-asset trading capability is a game-changer, offering traders unprecedented convenience and flexibility.

Furthermore, Tradecurve respects the privacy of its users, allowing them to trade with full anonymity. Specifically, this feature is becoming increasingly important in the face of tightening crypto regulations.

The upcoming presale of the TCRV token offers traders a golden opportunity to be part of this revolutionary platform. Experts predict that the token price could skyrocket during the presale and continue to surge post-launch. The price is expected to be 50x during presale and 100x on launch.

This potential for high returns, combined with Tradecurve’s innovative trading model and commitment to user privacy, makes the platform an attractive proposition for traders navigating the evolving regulatory landscape.

In the face of growing regulatory scrutiny, platforms like Renq Finance and Tradecurve offer traders promising alternatives. With their innovative solutions and potential for high returns, these platforms could be the next big thing in the world of crypto trading.

 

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CBN Discloses Partnership with Google to Establish Nigerian Virtual Currency Museum

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The Central Bank of Nigeria, CBN, has revealed its ongoing partnership with Google towards establishing a Virtual Currency Museum Gallery in Nigeria.

According to CBN’s Deputy Governor, Operations, Mr. Folashodun Shonubi, who disclosed this at the International Museums Day (IMD) celebration in Abuja, on Thursday, with this, members of the public could access the currency museum from the comfort of their homes or anywhere without having to be at the physical museum located in Abuja.

Mr Shonubi further noted that this year’s celebration tagged ‘’Museums, Sustainability and Well-being’’ was designed to link museums in making sure that our environments are sustained globally to make the world a better place. He made the following remarks:

“Thanks to technology, the Central Bank of Nigeria Currency Museum is working in collaboration with Google and our in-house Information Technology Department (|TD) establish a Virtual Reality Museum.

“This is an approach to connect with the global world for the public to sit back and relax within their comfort zone and view the artifacts on display.”

Also speaking at the event, the Director, Currency Operations of the CBN, Mr. Ahmed Umar said that museums’ vast collections offer almost infinite opportunities to share with visitors, “the ways in which the past informs the present and how the issues of the present can make the past relevant again.”

Mr. Umar added, “Works of art can speak so eloquently about what makes us human, what connects and divides us, what inspires and provokes us and how vital the impulse to make and create has always been across time and geographic boundaries. I believe this kind of perspective is one of the deep-seated needs of our society.

“Museums play an important role in the society.

“Technology has helped Museums in reaching beyond core audience to new publics. This has been shown in digitalization of collections, virtual tours or something as simple as a hashtag that allows visitors to share their experiences on social media.”

Umar also stressed on how the COVID-19 pandemic has necessitated an accelerated digital transitioning of the sector, stating the pandemic served as a catalyst for crucial innovations that have led to increased focus on digitization and the creation of new forms of cultural experience and dissemination.

“COVID-19 has provided a pivotal moment for our society, and we call on all Museums to embrace it and lead the change.

“The time is neigh to rethink our relationships with the communities we serve, to experiment with new and hybrid models of cultural fruition and to strongly reaffirm the essential value of museums for the construction of a just and sustainable future” Umar said.

Recent Survey Reveals Twitter’s Top Users Are Posting Less Since Musk Takeover

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A recent survey by Pew Research Center has revealed that Twitter’s top users have been posting less since Musk took over as the CEO of the micro-blogging company.

The Center’s new analysis of actual behavior on the site discovered that the most active users before Musk’s acquisition, defined as the top 20% by tweet volume, have seen a noticeable posting decline. These users’ average number of tweets per month declined by around 25% following Musk’s acquisition.

In the U.S. about six in ten who have used Twitter in the past year said they have recently taken breaks from the platform, and a quarter of the users disclosed that they will not use Twitter a year from now.

On average, adult Twitter users in the U.S. mentioned Musk in a tweet just once between Jan. 1 and April 13, 2022, before he announced his intention to acquire the platform. On the other hand, eight in ten of the most active adult Twitter users between Jan. 1 and April 14, 2022, have remained among the most active users in the months after Musk formally acquired the site in October 2022.

Recall that in November 2022, an analysis of Twitter accounts suggested that more than a million users left the platform in the week following Elon Musk’s takeover.

The firm Bot Sentinel, which tracks inauthentic behavior on Twitter by analyzing more than 3.1 million accounts and their activity daily, found that 11,535 accounts they were monitoring had been deactivated.

Elon Musk’s approach to managing Twitter since buying it has been as unpredictable as he has been carrying out a series of revamps on the social media platform. During his takeover of the company, Musk has downsized a huge percentage of the platform staff, floated a change to user verification, and is reportedly considering a number of moves that would represent a widespread overhaul of the service if carried out.

Also, his series of revamps have seen several companies which includes Audi, Volkswagen, and Pfizer suspend advertising on the platform over concerns about Musk’s content moderation plans. 

The number of global monthly users is predicted to fall by nearly 4% next year and 5% in 2024 more than 32 million in total in the first annual declines forecast by the market research agency Insider Intelligence since it began tracking the social media platform in 2008.

Following his reign as the CEO of the company, Elon Musk promised he would resign as Twitter’s chief executive when he finds someone “foolish enough to take the job”. The decision came after he promised to abide by the result of a Twitter poll which saw a massive amount of users vote ‘yes’ to him quitting the role. 

In a recent development, he has announced a new Twitter CEO Linda Yaccarino just six months after his controversial takeover of the social media company. Hopefully, her reign will lead to an increase in the engagement of Twitter users.

Details of Central Bank of Nigeria Pre-Shipment Inspection Agent (PIA) Portal Deployment Notice

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The Central Bank of Nigeria (CBN) on the 15th of February,2023, released a notice on the deployment of the PIA portal to not only Pre-Shipment Inspection Agents (PIAs), but Monitoring and Evaluation agents (MEAs) , Authorized dealers, The Nigerian Customs Service (NCS), exporters and the general public. This article will be focused on the provisions of this notice which are as follows :-

– All PCIs/CCIs shall be electronically generated in the Stakeholder Verification Portal (SVP) from March 1,2023.

– All authorized dealers are required to ensure that :-

a). The processing of PCIs/CCIs by PIAs will be carried out on the SVP.

b). Exporters complete the Request For Information (RFI) form in accordance with the provisions of extant regulations via a link generated and sent via email by the SVP.

c). Exporters are to pay the NESS levy advised by PIAs on the PCIs/CCIs documents.

d). All e-NXPs established from March 1, 2023 are to be accompanied by electronic PCIs/CCIs.

e). All NXPs opened before March 1,2023 for which shipment has not taken place nor CCIs issued would also follow the new process.

f). All authorized dealer banks are enjoined to inform their customers on the provisions of the deployment directions for compliance.