Daily Crypto NewsEDITION #256, 06 July 2021

Landing in Vietnam

Hello #Moni Maker 🧘

Today the whole world celebrates Kiss Day. Ah, my friend, how beautiful love is! Especially those first moments when you're just conducting a DYOR and trying not to run into an exit scam.

Digest loves to kiss the cool news. Do they kiss him too? Let's go!

Vietnamese Prime Minister Pham Minh Chinh has called on the State Bank of Vietnam (SBV) to carry out a pilot project for a digital currency (CBDC).

The study to issue a digital currency utilizing blockchain technology is expected to take place between 2021-2023. The prime minister highlighted this in his decision about e-Government development strategy towards a digital government.

Cryptocurrencies based on blockchain technology are simply one among several core technologies Vietnam hopes to develop and master. Others include artificial intelligence (AI), big data, augmented reality and virtual reality (AR/VR). The prime minister said these could create significant breakthroughs, providing favorable conditions for building a digital government.

So what?

PRESS F TO LAUNCH THE MVSS AD0PT10N

In a Sunday report from entertainment publication Variety, the AMM Global production company will be creating a 12-episode series called Crypto Keepers to premiere sometime next year. The drama, which will reportedly be released using nonfungible tokens, or NFTs, will feature major figures in the crypto space as well fictional plots surrounding the personal and professional lives of people involved in creating “the next Bitcoin-like digital currency.”

The series will include both English and Cantonese speakers filmed in a variety of countries. Though Crypto Keepers is a work of fiction, the show will include major events from the crypto space as they relate to the plot.

“Crypto Keepers is part of our strategy to tell international, topical stories that bridge the gap between the East and West in a trailblazing manner,” said AMM’s executive director Bizhan Tong.

Tong said the NFT series would incorporate interactive features from video games, allowing viewers to collect scenes, characters and props within the story after its run time. Hong Kong-based blockchain firm CryptoBLK will handle developing the series as an NFT, while investment management company YG Capital, Phoenix Waters Productions, and AMM will finance the project.

So what?

Ugh, this series could be made endless. There's so much going on in crypto that...it's better to make a reality show instead of a series.

Hmmm... Moni Talks TV... sound?

Where are you going? Come to our new chat! We'll be there to talk about gems, whitelists, events and so on about Moni Talks!

Yes, we decided to separate the Moni and Moni Talks chats so it will be easier for you to chat and get news!

Here's a link once again, come on!

And yes... we've got some cool updates! Tasty new digests... but we'll tell you all about them later :)

Co-founder of Ukrainian bank Monobank Oleg Gorokhovsky announced the integration of mobile bank with cryptocurrency and securities trading.

According to the report, integration with crypto exchange is planned in the near future and there will be a card for BTC, thanks to which you can easily and conveniently buy and sell bitcoin.

There are also plans to integrate with a leading U.S. securities trading platform in the fall.

So what?

Such moves on the part of banks could bury the exchanges. We have such in CIS. Platforms that help you to withdraw money from crypto exchanges to credit cards.

Well, we'll see.

The number of coins held by whale entities – clusters of addresses controlled by a single network participant holding 1,000 to 10,000 BTC – rose by over 80,000 to 4.216 million BTC on Friday, hitting the highest level since May.

The tally remained largely unchanged on Saturday, according to data provided by Glassnode.

The number of whale entities has also jumped to a three-week high of 1,922.

The renewed accumulation by whale entities is good news for the market, as these wealthy investors played a significant role in powering bitcoin higher from $10,000 to nearly $60,000 during the five months to February 2021.

The balance held by whale entities rose in tandem with the price during the bull run, hitting a record high of 4.542 million on Feb. 8.

So what?

The news below is ridiculous compared to this one.

"Bitcoin is dead again. And again... And again!" - cryptocurrency critics want so badly to see bitcoin's value near zero that to date they have written 422 obituaries to bitcoin.

The recent collapse has led to an increase in the number of such "praise" articles. The reasons for bitcoin's death are still the same: volatility, speculation, media hype, criminal use, government repression or environmental problems. Basically, it's business as usual.

BTC first died on December 15, 2010. Its undertaker wrote a eulogy titled "Why BTC Can't Be a Currency."

The last death occurred on June 21, 2021. Satoshi Nakamoto's creation was buried by writer Nassim Taleb, who wrote a summary of the failures of the first cryptocurrency called "BTC is worth zero."

Soft Cap — is the lower limit of fundraising at the ICO / IDO / IEO stage, etc. If the project does not reach it, it is canceled and the funds are returned to investors. But in reality, the project may not return the funds and try to work with what they got.

And more you can find in our Glossary!

And you...buy Bitcoin! 😉 (it's a good time!)