Crypto
Pushd (PUSHD) Attracts Over 3,000 Holders within two weeks As Investors Go Wild. Uniswap (UNI) And Litecoin (LTC) Steadily Rise
The crypto space is always buzzing with some new project or idea that promises utility and returns on investment. Seasoned investors know to strike while the iron is hot, and buy into the right projects in their early stages to reap significant returns on their investment. They filter opportunities by considering their real-world value, listening to expert analysis and checking the return potential within each project.
Investors seem to have found the next big thing to invest in, and analysts describe it as having the potential to be a blue-chip cryptocurrency. Pushd (PUSHD), a soon-to-be launched project disrupts global ecommerce through blockchain technology. We discuss this project as well as market trends around two popular tokens, Uniswap (UNI) and Litecoin (LTC).
Uniswap (UNI) climbs the charts
Uniswap (UNI) is the native token of Uniswap, the Ethereum-based decentralized crypto exchange and automated market marker. The Decentralized exchange (Dex) uses Uniswap (UNI) as its governance token. Uniswap (UNI) boasts a market cap of nearly $4 Billion, and significant daily trading volume.
Currently, the token trades at $6.55 per Uniswap (UNI). Although it saw a 3.8% decline in the last 24 hours, it performs well across all other charts. One unit of Uniswap (UNI) is worth over 60% more than it was three months ago.
This trend is consistent across other charts, rising 23.28% in two-month charts, 8.4% in 30-day charts and 5.97% in 7-day charts. This upwards trend with Uniswap (UNI) suggests it could be profitable in the long-term, and analysts believe that investors in Uniswap (UNI) could see more profits soon, as it continues on its steady rise.
Litecoin (LTC) continues its rise
Litecoin (LTC) holders will be excited as the coin rises across charts. The biggest of these sees Litecoin (LTC) grow by 17.94% in three-month charts, with smaller margins across other charts. One Litecoin (LTC) is worth 0.82% more than it was a month ago, and 11.23% more than it was a week ago.
With a further 1.42% rise in the last 24 hours, Litecoin (LTC) currently stands at $71.50 per Litecoin (LTC).
Pushd (PUSHD) presale attracts over 3000 holders
This project is poised to be the first decentralized web3 marketplace, by combining blockchain technology with traditional marketplaces. Beyond its novelty, Pushd (PUSHD) is special in its lack of KYC verification, with users joining without needing to submit identification documents. Pushd (PUSHD) maintains a total supply of 250 million, with team tokens locked up for 700 days.
The presale offers Pushd (PUSHD) at $0.06 per unit, with investors in this stage entitled to payments from platform fees. All investors can take part in governance of the platform, and gain unique rewards for completing different tasks. Pushd (PUSHD) outmatches even tokens like Uniswap (UNI) and Litecoin (LTC) in potential for returns, and many investors are already buying in.
Find out more about the Pushd presale at their official website
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Crypto
Rumors are swirling about Venezuela holding $60 billion in Bitcoin—but crypto experts are skeptical | Fortune
Following the United States’ capture of Nicolás Maduro over the weekend, a report came out claiming that Venezuela had $60 billion stored in Bitcoin—leading to speculation that the U.S. could lay claim to cryptocurrency as well as oil. Despite numerous reports of the huge Venezuelan Bitcoin stash, however, a crypto forensic firm is skeptical of the claims.
The news of Venezuela’s Bitcoin holding began to bubble up last Saturday, the same day that Maduro was ousted. The digital publication Project Brazen reported that his regime could control $60 billion in the original cryptocurrency—but offered little in the way of proof.
“The article does not mention any addresses as a starting point, making it difficult to verify any of these speculated claims,” said Aurelie Barthere, principal research analyst at Nansen, about Project Brazen’s report.
Barthere is not the first person to express skepticism about the country’s purported crypto treasure trove. Mauricio di Bartolomeo, the Venezuelan co-founder of the financial services company Ledn, told Fortune on Wednesday that the level of the country’s corruption makes the figure hard to believe. He expanded his argument in an opinion piece he wrote for Coindesk.
Estimates of Venezuela’s crypto holdings vary wildly. Bitcointreasuries.net estimates that the country has $22 million worth of Bitcoin. That figure would make Venezuela the government entity with the ninth-most money tied up in the original cryptocurrency, just behind North Korea.
While the exact size of Venezuela’s Bitcoin wealth is unclear, the country has long been a player in crypto. Maduro introduced a token called the Petro in 2018, which was shuttered six years later. Its citizens have also turned to stablecoins as a way to fight their currency’s hyperinflation.
Trump has said that he will “run” Venezuela, and some have speculated that includes seizing the country’s Bitcoin holdings. Andrew Fierman, head of national security intelligence at Chainalysis, said he could not speak to the likelihood of such a seizure. He did, however, explain what gaining control of assets might look like.
A freezing of assets could occur through centralized services, he says. These services would get a court order for an exchange or an issuer like Tether or Circle who could blacklist an address. The second method is through physical seizure. The U.S. could get control of wallets, devices, and keys through compelled cooperation.
For now, there is unlikely to be a full and accurate account of Venezuela’s Bitcoin holdings until the political situation in the country becomes more stable.
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