Fire Crypto News: Your Ultimate Destination for Forex, NFTs, Binance, and Defi Coins

Cryptocurrency has become a revolution in itself.

The virtual currency has been gaining popularity amongst youngsters and businessmen, all over the globe.

Crypto has successfully eliminated the need of visiting a bank for withdrawals or investments.

The best part is, anyone can pursue the Cryptocurrency training and acquire a certification for the same.Visit: https://bit.ly/3F1Jh7A

Warm greetings!We are delighted to let you all know that the POX token has been listed on Koinbazar.Here’s a glimpse of POX.Pollux coin (POX) is a Blockchain-based decentralized cryptocurrency that runs on Tron Blockchain designed for the file sharing and storage of data where we can keep data securely in decentralized cloud storage without third-party interference.

There will be no issue of losing data as feared in the centralized cloud storage providers.

Pollux coin holders will have multiple benefits in the future.

The result is an overall cost reduction for the consumer.

Pollux bringing Cloud storage to a public Blockchain network and acts as a distributed, decentralized storage facility that makes it more efficient and cost-effective.

Besides this Pollux Coin will also be used for utility bills, mobile recharges, and various payment methods.You can now buy, sell, trade Pollux Coin (POX) in the BTC, ETH, USDT, and INR markets of Koinbazar.Trade POX/BTC - https://www.koinbazar.com/trade/POX-BTCTrade POX/ETH - https://www.koinbazar.com/trade/POX-ETHTrade POX/USDT - https://www.koinbazar.com/trade/POX-USDTTrade POX/INR - https://www.koinbazar.com/trade/POX-INRNote:Crypto markets are highly volatile.

Just renovate your exchange trading operations via our custom cryptocurrency trading scripts backed-up with power-packed technical expertise.

This Poloniex Exchange Review article will cover everything you should know about Poloniex digital asset trading platform.In fact, Poloniex Exchange is quite popular among crypto traders making its one of the biggest crypto exchanges in the world.

If you're already a member of this platform, you know how easy it is to create an account on this platform.

It only requires the email ID.Poloniex comes with various trading pairs such as margin trading, futures trading, and lending.

On top of that, Poloniex interface is user-friendly hence even newbies can easily use its features to maximize their profit margin.Moreover, this exchange supports more than 200 cryptos and tokens such as market leaders like BTC, ETC, and Doge to name a few.Key Features and OptionsAvailable over 200 cryptocurrenciesCharges low feesMargin trading and margin lendingPoloni DEX and IEO launchpadCryptographic signature Moreover, Poloniex supports credit and debit card payments.

Hence users can buy crypto with debit or credit cards.

Pros and ConsLow fees Supports various cryptocurrenciesMargin TradingMargin Lending Simplest account registrationConsSluggish customer service Previous hacking attackRestricted in some countries In conclusion, Poloniex exchange is one of the best options available for crypto users to buy and sell digital assets.

Thailand’s central bank has ordered all banks and other financial institutions to cease all dealings with digital currencies, citing concerns over uncontrolled trading.

According to the central bank, virtual currencies are not legal cash in Thailand, and they can be used for money laundering and terrorism financing.

Finance Minister Apisak Tantivorawong, on the other hand, stated that regulators could not prevent the use of cryptocurrencies in Thailand.“The government will not ban cryptocurrency trading.

A regulatory framework to govern digital currencies will become clearer within a month,” the Finance Minister said, as quoted by the Bangkok Post.“After a recent discussion, related agencies agreed that regulators cannot stop the use of virtual currencies but will have to regulate and appropriately control them,” he added.Influence of Cryptocurrency on the World EconomyCryptocurrencies have an impact on humanity’s economic, political, cultural, and social lives.

There is currently a possibility of unscrupulous individuals surfacing on the market due to the lack of rules and warranties to protect bitcoin customers, which is one of the reasons to push some nations into having a crackdown on some coins with strict laws, regulations, and bans.Meme Coins, NFTs, and Exchange Tokens as Part of Thailand Crypto BanThailand is the most recent country to enforce cryptocurrency trading restrictions.

The Securities and Exchange Commission (SEC) of the Southeast Asian nation has banned meme currency like Dogecoin.

Bitcoin/ BTCIt has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world.

Bitcoin has enjoyed a price surge to more than $40,000 in January 2021, for a market cap of more than $1 trillion, meaning bitcoins accounted for more than 69% of the cryptocurrency market.

Ethereum/ ETHSince 2021 began, ETH has been surging up strongly, breaching the $1,400 level and reaching a new all-time high.

Ether has become one of the most popular cryptocurrencies in the world, with a market cap approaching $139 billion that puts it second only to Bitcoin in market share.

Bitcoin Cash/ BCHAt the start of 2021, BCH rose on a bullish note from $340 spiking to $680 by the end of the January.

The coin which is considered to be a good investment for the longer run, has started 2021 with an opening price value of $124.67 and it is highly expected to peak at $ 487.26 by the end of the year.

New York-based exchange-traded fund (ETF) supplier, Global X, has joined the steadily developing rundown of bitcoin ETF possibilities with another recording with the U.S. Securities  Exchange Commission (SEC).

On July 23, The ETF came up with the news to hold bitcoin to accomplish its venture objective of being an intermediary at the BTC cost in dollars, short working costs.

Exchange On the Cboe BZX Exchange  Whenever endorsed, the Global X Bitcoin Trust will give every day offers for exchange on the Cboe BZX Exchange under a ticker image to be reported just before it begins exchanging.

Nonetheless, the report didn't determine which organizations will be the trustee and the trustee's bitcoin caretaker.

Like Grayscale's as of late declared procedure for their bitcoin item, GBTC, the Bank of New York Mellon (BNY Mellon) would likewise help Global X regulate its ETF.

BNY will furnish Global X with bookkeeping, charge, and monetary detailing for the upkeep and activities of the Trust.

It’s not only a good way to send/receive money globally but also has a good ROI potential for crypto investors, as we have seen in the last few years or so.

Trading involves buying and selling tokens to earn quick profits from the price difference.

It involves huge risk since cryptocurrency is a highly volatile asset.If you want to make money with cryptocurrencies but are not ready for the risk of trading, there are many other better, safer ways to do that.Making money with crypto is easy.

Staking Staking is similar to mining, except you don’t have to actually mine cryptocurrencies.

In staking, uses are rewarded with free tokens for simply holding their coins in the smart contract of a particular blockchain.

Staking has the benefits of both value appreciation with time and recurring income.LendingP2P lending is another great way to make money with your crypto holdings.

The US Securities and Exchange Commission has dismissed Bitwise’s new bitcoin Exchange-Traded Fund proposal.Global Exchange.

Bitwise Asset Management registered the latest ETF program in association with NYSE Arca stock exchange.

The SEC stated the proposal did not satisfy legitimate conditions to prevent illegal activities in markets.Due to illicit undertakings and manipulation by markets, the SEC has turned down all proposals of bitcoin ETF so far.The order stated, “The Commission is disapproving this proposed rule change because, as discussed below, NYSE Arca has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirements of Exchange Act Section 6(b)(5), and, in particular, the requirement that the rules of a national securities exchange be ‘designed to prevent fraudulent and manipulative acts and practices.

'”According to cryptonews, Bitwise was the first company to introduce an ETF in the US along with VanEck, an investment management firm.

The latter had filed an analogous proposal with the companies Cboe BZX and SolidX.

VanEck took out its report in September.Bitwise attempted to convince the regulatory body that concerns about deceitful activities could be discussed.