2021/12/08

Acciones de Evergrande de China se desploman a medida que el DEFAULT en toda regla se vuelve inevitable...

El lunes, el ex desarrollador más vendido en China, Evergrande, vio caer el valor de sus acciones a nuevos mínimos justo antes de que la compañía no cumpliera con un pago de bonos extranjeros (en dólares) de $ 82.5 millones.

Después de informes mixtos sobre dos pagos de cupones anteriores que supuestamente se hicieron en la hora 11 (la evidencia sugiere que Evergrande nunca hizo esos pagos, a pesar de lo que afirman los medios corporativos), los inversores cautelosos sacaron su dinero y enviaron las acciones a la caída.

Una declaración del viernes pasado mostró que los acreedores habían exigido $ 260 millones de Evergrande, pero que la compañía no podía garantizar fondos para el reembolso del cupón. Esto llevó a las autoridades chinas a convocar al presidente de la compañía, borrando el 20 por ciento del valor de la compañía en un día.

"Evergrande, que alguna vez fue el desarrollador más vendido de China, está lidiando con más de $ 300 mil millones en pasivos, lo que significa que un colapso desordenado podría extenderse a través del sector inmobiliario y más allá", informó CNBC sobre la saga.

Las autoridades de la provincia natal de Evergrande, Guangdong, emitieron su propia declaración el viernes indicando que la compañía enviará un equipo para "supervisar la gestión de riesgos, fortalecer el control interno y mantener las operaciones, el primer movimiento público del estado para intervenir directamente para gestionar cualquier consecuencia", agregó CNBC.

China afirma que el riesgo de Evergrande para el sector inmobiliario puede ser contenido

El banco central de China, junto con sus reguladores bancarios, de seguros y de valores, también emitieron declaraciones con la propaganda habitual sobre cómo nada de esto es un riesgo para el sector inmobiliario y que todo está bien.

Evergrande supuestamente ha entrado en algún tipo de proceso de reestructuración de deuda y activos administrados. Morgan Stanley agregó que este proceso implicará la coordinación entre las autoridades para mantener las operaciones de los proyectos inmobiliarios de Evergrande, muchos de los cuales están incompletos y en descomposición, y negociar con los acreedores en tierra para garantizar el financiamiento continuo.

Sin embargo, todo esto podría ser una cortina de humo, ya que todavía no hay pruebas de que se hayan realizado pagos de cupones. Un informe de DMSA (Deutsche Markt Screening Agentur GmbH) que cubrimos en octubre explicó esto con más detalle.

"Entre los inversores institucionales ya conocidos se encuentran direcciones tan conocidas como Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP y Allianz", se lee en el informe.

El ex analista de Fitch, el Dr. Marco Metzler, agregó que estos son solo los inversores internacionales conocidos, y que "podría haber algunas sorpresas negativas" que aparecen más tarde una vez que el dominó realmente comience a caer de todo esto.

Según los informes, el gobierno chino le ha pedido al presidente de Evergrande, Hui Ka Yan, que use su propia riqueza para pagar la deuda de la compañía. Esto es algo que sería completamente inaudito aquí en los Estados Unidos, por cierto, donde en lugar de ser castigados por sus crímenes, los terroristas financieros son recompensados con rescates.

"La firma es solo una de una serie de desarrolladores privados de liquidez debido a las restricciones regulatorias a los préstamos, lo que provocó incumplimientos de deuda en el extranjero, rebajas de calificación crediticia y ventas masivas en acciones y bonos de los desarrolladores", informó CNBC sobre varios otros desarrolladores chinos como Kaisa y Sunshine que actualmente están en incumplimiento o al borde de ello.

Sunshine incumplió con un bono de 170 millones de dólares que vence el 5 de diciembre, "debido a problemas de liquidez derivados del impacto adverso de una serie de factores, incluido el entorno macroeconómico y la industria inmobiliaria", afirma la compañía.

A otro desarrollador chino más pequeño conocido como Aoyuan también se le ha pedido el reembolso de $ 651.2 millones después de una serie de rebajas de calificación crediticia. Debido a la falta de liquidez, estos pagos probablemente no se realizarán.

El lunes, el precio de las acciones de Aoyuan cayó casi un ocho por ciento, mientras que Kaisa perdió un 3,8 por ciento y Sunshine se desplomó un 14 por ciento.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

China’s Evergrande shares plummet as full-blown DEFAULT becomes inevitable...

On Monday, the former top-selling developer in China, Evergrande, saw its stock value plummet to new lows right before the company failed to deliver on an $82.5 million foreign (dollar) bond payment.

Following mixed reports about two previous coupon payments that were supposedly made in the 11th hour – evidence suggests that Evergrande never actually made those payments, despite what the corporate media claims – wary investors pulled their money out and sent the stock plunging. A statement from last Friday showed that creditors had demanded $260 million from Evergrande, but that the company could not guarantee funds for coupon repayment. This prompted Chinese authorities to summon the company’s chairman, wiping 20 percent off the company’s value in a day. “Evergrande, once China’s top-selling developer, is grappling with over $300 billion in liabilities, meaning a disorderly collapse could ripple through the property sector and beyond,” reported CNBC about the saga. Authorities in Evergrande’s home province of Guangdong issued their own statement on Friday indicating that the company will be sending a team to “oversee risk management, strengthen internal control and maintain operations – the state’s first public move to intervene directly to manage any fallout,” CNBC added. China claims Evergrande’s risk to property sector can be contained China’s central bank, along with its banking, insurance and securities regulators, all issued statements as well with the usual propaganda about how none of this is a risk to the property sector and that everything is just fine. Evergrande has supposedly entered some kind of managed debt-asset restructuring process. Morgan Stanley added that this process will involve coordination between authorities to both maintain operations of the Evergrande’s property projects, many of which are incomplete and rotting, and negotiate with onshore creditors to ensure continued financing. All of this could be a smokescreen, though, as there is still no proof that any coupon payments were ever even made. A report by DMSA (Deutsche Markt Screening Agentur GmbH) that we covered back in October explained this in further detail. “Among the already known institutional investors are such well-known addresses as Fidelity, Blackrock, UBS, Ashmore Group, Prudential, HSBC, Pictet, Vontobel, BNP and Allianz,” that report reads. Former Fitch analyst Dr. Marco Metzler added that these are only the known international investors, and that there “could be some negative surprises” that turn up later once the dominos really start to fall from all this. Evergrande Chairman Hui Ka Yan has reportedly been asked by the Chinese government to use his own wealth to repay the company’s debt. This is something that would be completely unheard of here in the United States, by the way, where instead of being punished for their crimes, the financial terrorists are rewarded with bailouts. “The firm is just one of a number of developers starved of liquidity due to regulatory curbs on borrowing, prompting offshore debt defaults, credit-rating downgrades and sell-offs in developers’ shares and bonds,” CNBC further reported about several other Chinese developers such as Kaisa and Sunshine that are either currently in default or on the verge of it. Sunshine defaulted on a $170 million bond due Dec. 5, “owing to liquidity issues arising from the adverse impact of a number of factors including the macroeconomic environment and the real estate industry,” the company claims. Another smaller Chinese developer known as Aoyuan has also been asked for repayment of $651.2 million following a slew of credit-rating downgrades. Because of a lack of liquidity, these payments will probably not be made. On Monday, Aoyuan’s share price fell nearly eight percent while Kaisa shed 3.8 percent and Sunshine plunged 14 percent.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

What is Ripple (XRP)?...

Ripple XRP remains the most exciting cryptocurrency on the market, along with Bitcoin and Ethereum. With the crypto trading market entering an exciting new era, traders who can guess an accurate Ripple prediction will take advantage to make a lot of money from the crypto exchange.

In this article we explain Ripple XRP and present information to make a price prediction of Ripple XRP. This includes analysis of Ripple's price in the cryptocurrency market, predictions of XRP's price in the past and predictions of Ripple's future price.

Ripple and XRP are often used interchangeably on most trading websites and exchanges. But strictly speaking, Ripple is not the same as XRP. Ripple is a privately held company that uses advanced blockchain technology to enable a network of real-time payment, exchange and shipping services built on a ledger database, the ledger of XRP. Ripple payment services support multiple currencies, including fiat currencies.

The price of the XRP coin is technically independent of the Ripple network-customers are not required to use the cryptocurrency, but the increased adoption of the Ripple payment system will definitely affect XRP price predictions as the general interest grows.

What are the differences between XRP and Bitcoin?:

1) Bitcoin is decentralized, completely public and aims to avoid banks. On the other hand, Ripple is controlled by a company that aims to work with banks.

2) Ripple XRP cannot be mined. Instead, a finite amount of XRP was created and immediately released by Ripple. With each transaction a small amount of XRP is destroyed, decreasing the supply.

3) It takes 10 minutes to over an hour to process a transaction with Bitcoin, but only four seconds with XRP.

4) XRP is capable of making 1,500 transactions per second, while Bitcoin's maximum is about 7 transactions per second.

5) Transactions are also cheaper with XRP. The average Bitcoin transaction fee has risen to $ 27, and each transaction takes an average of 70 minutes to complete.

So, should you buy Ripple's XRP? The current price of Ripple is good for buyers and it makes sense to invest if Ripple price predictions show that the price of XRP will go up. Let's take a look at Ripple's price history and XRP future price predictions from crypto exchanges and experts.

Ripple (XRP)price analysis:

In order to understand the future predictions of Ripple's XRP price, we will first look at how cryptocurrency has worked on the market so far. Have the previous price predictions been correct?

XRP price history:

The Ripple payment protocol, and the accompanying XRP digital token, has been in existence since 2014. The Ripple currency started on the market with a value of around 0.06 dollars. Then, as Ripple partnered and developed its relationships with established banks, the price of XRP cryptocurrency began to rise. Since 2014, the price of XRP has increased, although it is still affordable as an investment.

Ripple could be the catalyst to make cryptocurrency more popular - Craig Cole, CryptoMaps.

The first price spike came in May 2017, when an XRP came to be worth $ 0.34. The rise in the value of XRP correlated with the establishment of Ripple in emerging markets, when it opened new offices in Singapore and Mumbai.

XRP technical analysis:

Ripple's XRP is intended to be a method for facilitating payments between financial institutions, not an investment vehicle. However, you can still invest money, and there are many reasons why you should.

XRP has the largest share of the crypto market after Bitcoin and Ethereum, but it is cheap, usually between 15 and 20 cents. Ripple's low price makes it a perfect entry point for beginners and mid-level investors, who both Bitcoin and Ethereum are a bit priceless.

Because Ripple's price predictions expect the value of XRP to rise, even if adoption is slow, XRP could be a good long-term investment. Another advantage of buying Ripple is that, so far, it has shown less volatility than Bitcoin and other cryptocurrencies, making it a safer investment, even during bad periods of trading digital assets.

Ripple price prediction for 2018:

To examine the future movements of XRP it is a good idea to look back. The cryptocurrency was first made available in 2012 with a pre-mined supply of 100 billion tokens. Compare this to Bitcoin, which has a maximum supply of 21 million coins that will be released between now and 2140.

The XRP was trading close to 0.005 dollars (0.0045 euros, 0.0037 pounds) at the time of launch. For the first few years, the price did not move much. The value of XRP remained largely stable until 2017. That was the year of the crypto industry's first big boom, largely unexpected, and that raised the value of Bitcoin, Ethereum and many other crypto tokens, including XRP. The price of the Ripple coin rose rapidly during April and May 2017, reaching $ 0.40 per token. Prices were later set at around $ 0.20 for almost all of 2017.

December 13, 2017 saw another rise, when XRP prices rose 84 % in one day, from $ 0.27 to $ 0.51. Records continued to be broken in the following weeks. After breaking the $ 1 barrier, the XRP ended the year at $ 2.30, a huge 38000% price increase in early 2017. The bull run continued during the first week of January 2018, when prices hit $ 3.40, the all-time high for the XRP that has not yet recovered.

XRP, also known as Ripple currency or simply Ripple, is the true symbol, the digital asset of Ripple. XRP is used on the Ripple network to facilitate money transfers between different currencies. By first converting the transfer value into XRP (instead of a fiat currency like USD), exchange rates are avoided and payments can be processed in an instant.

We want to keep focusing on making XRP a valuable payment tool, and that value will increase accordingly-Brad Garlinghouse, CEO of Ripple.

The speed and efficiency of Ripple's system have made big financial institutions like Bank of America and Spanish banking giant Santander adopt it.

This high point didn't last long, with Ripple facing some brutal market corrections. On January 8, 2018, XRP had fallen to $ 2.46. In mid-January, prices halved to $ 1.18. Finally, in February, Ripple sank below the 1 dollar line. XRP has not managed to exceed that threshold since. Normally Ripple finds resistance between 0.18 and 0.23 dollars.

Ripple price prediction for 2019:

Ripple prices in 2019 tell a similar story to 2018. Despite the occasional surge in interest that caused the price of XRP to rise to $ 0.40 or even $ 0.60, it remained largely in its twenties and did not even come close to a dollar break.

Brad Garlinghouse Ripple (XRP) price prediction for 2020, 2021, 2025, 2030.

Brad Garlinghouse, CEO of Ripple, has great future predictions for Ripple. Garlinghouse predicts that Ripple could become the Amazon of the crypto industry by 2025. Garlington plays safe for the long haul. In a 2018 interview, he reminded listeners that anyone investing in XRP, instead of trading it, should think months and years, not days.

Brad Garlinghouse also underscored the importance of cooperating with governments and banks, as opposed to Bitcoin's spirit of "free will" and regulatory evasion. And I may be right. Ripple has previously thrived during bear market periods, when other blockchain projects went under.

Addressing the recent market crash in the wake of the coronavirus pandemic, Garlinghouse stated that the universal economy is on "unexplored shores," due to market uncertainty brought on by the disease. However, Garlinghouse claims that the crypto market will recover from this phase.

TradingBeasts Ripple price prediction for 2020, 2021, 2025, 2030

This is how TradingBeasts market analysts predict future Ripple price changes:

XRP Price 2020: TradingBeasts predicts that the average price of XRP will rise to around $ 0.36 and stay close to that number.

XRP Price 2021: The expected price of Ripple is valued between 0.20 and 0.31 dollars.

XRP 2022 Price: TradingBeasts price prediction for XRP in 2022 puts it in the range of 0.41 to 0.5 dollars.

XRP Price 2023: TradingBeasts analysis puts the average price of XRP in 2023 at $ 0.30.

WalletInvestor Ripple price prediction for 2020, 2021, 2025, 2030, WalletInvestor, an artificial intelligence-based forecasting service, has a history of pessimistic predictions about the price of XRP, even going so far as to describe it as "a bad one-year investment".

XRP 2020 Price: WalletInvestor predicts Ripple will fall to $ 0.00939 in December 2020.

XRP Price 2021: In 2021 Ripple is expected to recover and the price will rise between 0.20 and 0.60 dollars.

XRP 2022 Price: WalletInvestor's prediction remains optimistic for 2022, with Ripple's projected price around $ 0.50.

XRP 2025 Price: WalletInvestor price predictions for Ripple reach $ 0.041, with an average price of $ 0.026.

Predictions of the future value of Ripple (XRP) in general:

Ripple's price could undoubtedly rise in the long run as Ripple's payment and exchange facilitation technology is adopted and supported by powerful banks and financial institutions. But what could be the possible Ripple prices from 2020 to 2030?.

How high can Ripple get?:

Looking at XRP's price history, some analysts confidently predict that Ripple could easily double or triple its value, perhaps even more, as the success of the parent company makes it less vulnerable to crypto market volatility.

You should use XRP (as stablecoin):

The table for XRP / XRP would be the same, so it's also solid money, but having Institutional Adoption and Partnerships, they're better.

Vitalik Buterin, creator of Ethereum:

If both the crypto market and Ripple's trading initiative are strong, then we could see Ripple worth several dollars, perhaps even reaching $ 5 in the near future. A $ 10 price prediction for the XRP still looks optimistic, but if you aim towards 2025 or 2030, anything is possible.

Some eager investors and traders cling to the hope that the price of Ripple will rise to $ 100. However, such a drastic increase is very optimistic, so anyone investing in Ripple and waiting for it to multiply by more than 100 times should be prepared to wait a few years.

XRP price prediction today:

Ripple is currently trading for around $ 0.17, with a market capitalization of $ 6,277,714,462 and a circulating offer of 43,818,008,717 XRP. To make price predictions for the coming months, one should look at the progress of Ripple's technology trading initiative and the cryptocurrency market in general.

Ripple, as a company, seems to be in a period of healthy global growth. The company previously announced that it would buy $ 30 million in MoneyGram shares at $ 4.10 per share, along with $ 20 million in shares over the next two years. Ripple has partnered with MoneyGram and treasury manager PNC to facilitate many cross-border payments between individuals and banks. Ripple recently announced a new cooperation with DeeMoney, which facilitates cross-border payments to and from Thailand.

Smartereum Ripple price prediction for 2020, 2021, 2025, 2030:

Smartereum is a news website founded in 2017 and based in Houston and Silicon Valley. It reports on news, analytics and blockchain technology, including cryptocurrencies such as Bitcoin, Ethereum, Litecoin and of course Ripple's XRP.

Many experts have been reluctant to make a Ripple price prediction higher than $ 500 per coin. However, this seems to have changed with generally conservative experts now suggesting that XRP could reach up to $ 1,000 per coin in a few years-Andreas Kaplan, Smartereum.

As a news website, Smartereum has reported on the predictions of the future value of XRP. An article published in Smartereum showed the best projections of analysts and forecasts, foreseeing an inevitable and significant increase in the price of Ripple. Ripple and its influential financial partners want the price of XRP to rise, because it will make XRP less volatile.

XRP Price 2020: Analysts quoted by Smartereum predicted prices of up to $ 10/15 per XRP in early 2020, but it did not turn out to be so.

XRP Price 2021: Smartereum noted that even conservative experts were suggesting that XRP could hit as high as $ 1,000 per coin in just a few years after 2019.

Price of XRP 2030: Smartereum's tool reported projections in which the value of Ripple could rise to 200-300 dollars by 2030.

The technical analysis of WalletInvestor states that the XRP will not reach 5 dollars or even reach 1 dollar again, and that interest in the coming years will not be maintained in 2025.

Ripple price prediction for 2020, 2021, 2025, 2030:

LongForecast is run by the Economic Forecasting Agency, which specializes in long-term market predictions. This is how they predict the behavior of the price of XRP in the coming years.

2020 XRP Price: The estimated price by LongForecast is around $ 0.26.

XRP Price 2021: The Ripple price should go down and stay between 0.10 and 0.17 dollars.

2022 XRP Price: XRP price is predicted to drop significantly to an average of $ 0.06.

XRP 2025 Price: LongForecast's closest prediction is that Ripple price could reach $ 0.20 in the fourth quarter of 2024.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Spark Airdrop: 14 things Ripple investors should know...

XRP has been falling, after the Spark airdrop (FLR).

Here's why:
After much anticipation, the XRP airdrop (CCC: XRP) came over the weekend, and now XRP is sinking. So what exactly is an airdrop? And what do investors need to know?.


For starters, investors should know that XRP is the third largest cryptocurrency by value. Ripple Labs is the company and controlling force behind XRP tokens. Faced with pressure to compete with its larger rivals, Ripple needed to do something to help it stand out. That's where the airdrop Spark (FLR) comes in.

Basically, Ripple is adding Flare Network, a new protocol, to the XRP ecosystem. Flare Network will provide more support to XRP token owners, specifically by adding decentralized finance or DeFi functionality to the XRP ledger. As part of this, Flare Network has a native token, Spark (FLR). 

Over the weekend, all XRP token holders received free Spark tokens. And after raising XRP prices, it looks like the airdrop is now weighing on crypto.

Spark Airdrop: 
14 things Ripple investors should know Still not sure exactly what this airdrop news is about? The DeFi functionality represents eliminating intermediaries from direct purchases, loans, bets, insurance and other types of transactions. Decentralized finance is one of the biggest attractions of the crypto space and, so far, most DeFi applications have been run on the Ethereum platform (CCC: ETC).

Now that XRP wants to differentiate itself, many bulls will probably appreciate that through Flare Network, XRP will be able to maintain smart contracts and connect with existing Ethereum apps. So, for Ripple, the Spark air launch (FLR) is a way to kick off an important milestone.

What you need to know about XRP and Spark (FLR) Airdrop:
Spark Airdrop: 14 things Ripple investors should know
With that in mind, here are 14 things you should know about XRP and Spark Airdrop (FLR).

An airdrop is a way to distribute tokens as rewards or gifts. Specifically, cryptographic projects are known to use these airdrops as a way to promote themselves or attract new users.

Importantly, Square (NYSE: SQ) also did something similar when it was developing its Cash app. Over a period of a few weeks, Square gave away cash as it built its user base. Similarly, Ripple's strategic investment in Flare Networks has given Flare resources to develop the FXRP network. Spark Airdrop: 14 things Ripple investors should know Flare delivered over 45 billion Spark tokens to eligible XRP holders to launch the new protocol.

Essentially, anyone holding XRP tokens as of December 12, 2020 was eligible for the airdrop. In addition, users received more Spark tokens based on the number of XRP tokens they had.

This has incentivized bulls to buy XRP leading up to Spark airdrop (FLR). Several crypto exchanges supported the Spark airdrop (FLR). This list included Coinbase, Binance, Kraken, KuCoin, and several others.
Ripple first invested in Flare in 2017 through its incubation arm. Importantly, a lot has developed since then, which makes the promise of smart contracts for XRP holders much more attractive.

Now that the Spark air launch (FLR) has taken place, XRP holders will be able to generate XRP-linked tokens called FXRP. These holders can then use FXRP tokens within Ethereum-based DeFi applications. By putting it all together, XRP holders will be required to use Spark tokens (FLR) as collateral in these transactions.

Why is XRP sinking?

Spark Airdrop: 14 things Ripple investors should know Clearly, the Spark (FLR) airdrop ushered in a major milestone for Ripple and XRP holders. So why is XRP sinking?

Well, before the airdrop, many bulls were hitting the table on XRP as a way to make short-term profits. Basically, there was an easy-to-follow formula to succeed. Buy XRP, claim your Spark tokens after airdrop, convert FLR tokens into XRP, and finally withdraw the money. It seems that many people who participated in the airdrop could be doing just that.

So what should you do now? Stay calm and do your own research. If you believe in the long-term potential of XRP, you are not alone. Some, such as Tom Yeung, an analyst at Investor Place Markets, believe that XRP could yield more than 300% in the coming years as adoption grows.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Four big Blockchain companies to follow in 2021...

Blockchain is an emerging technology that was born to guarantee the security of the cryptocurrency transaction system, but whose concept is used today in multiple industries besides banking, from manufacturing to retail through video games or professional services.

And the blockchain provides trust in all kinds of digital environments, allowing companies, companies and customers to create and exchange value without the need for a central authority of trust and with a safe and active management of data.

In certain industries with complex supply chains and tight margins, the application of this technology alongside logistics and supply functions has the potential to make a difference. According to Zia Yusuf of Boston Consulting Group in Barron. "the combination of blockchain, Internet of Things (IoT) and artificial intelligence (AI) to optimize supply chains is deeply exciting."

In its 2020 global Blockchain survey, Deloitte states that 55% of surveyed companies consider blockchain technology to be one of their top five strategic priorities, while 36% of respondents stated that they are planning to invest at least $ 5 million in blockchain technology over the next 12 months.

If you want to know which are the top 4 Blockchain companies that trade Forex Traiding. Keep reading!

DigitalX

DigitalX provides services including initial coin offering advisory, token advisory and AirPocket, which enables secure transfer of funds. In addition to these services, DigitalX manages an unquoted fund of major crypto assets that has shown superior returns on top 10 crypto indices, according to the company.

Even more recently, the blockchain technology company launched a bitcoin fund, which can be accessed through a low-cost exchange fund structure. Digital X has invested millions in the fund. Quote: ASX: DCC, OTC Pink: DGGXF.

Blockchain Technology

The goal of HIVE Blockchain is to connect blockchain and cryptocurrencies to traditional capital markets. In January of last year, HIVE Blockchain received regulatory approval to increase its ASIC capacity by 50%, reaching a mining capacity of 300 petahashes. Together with Genesis Mining, HIVE extracts cryptocurrencies, including bitcoin and ethereum, to further expand its cryptocurrency portfolio and Forex activity.

In its latest quarterly results release, released in March, HIVE reported net revenue of $ 3.4 million and digital currency mining revenue of $ 5 million. The mining company mined a total of 127 bitcoins, 23,175 ethereum and 33,190 ethereum classic in the period. Quote: TSXV: HIVE, OTCQX: HVBTF.

Limelight Networks

Limelight Networks is an American company that provides a content delivery network and value-added services aimed at helping content owners improve streaming quality, download speeds, and forex trading advertising capabilities.

In its financial statements for the first quarter of 2020, the company reported revenues of $ 57 million, growing 32% year-on-year. Quote: NASDAQ: LLNW.

Northern Data

Formerly known as Northern Bitcoin, Northen Data is a bitcoin mining establishment that operates exclusively on hydropower. The company focuses on sustainable mining by using 100% green mining technology.

The company recently announced a collaboration with Canaan (NASDAQ: CAN), one of the world's leading blockchain technology companies. They will work together in the areas of AI development, blockchain technology and Forex data center operations. Quotation: FWB: NB2, ETR: NB2.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

What is Stellar Lumens XLM?...

Bitcoin, Ethereum ... perhaps these are the best known cryptocurrencies, although it is true that the options of using cryptocurrencies are much broader. Have you ever heard of Stellar? Stellar Lumens is a decentralized protocol that gives users the ability to send money anywhere in the world instantly and cheaply. Its symbol is XLM and is currently among the top 10 cryptocurrencies.

Before we begin, it would be advisable to clarify some concepts. For example, Stellar is what the system is called. And Stellar Development Foundation (SDF) is the name of its foundation, a non-profit organization, whose main objective is the expansion of financial access to all. Especially people in parts of the world who do not enjoy the benefits of basic financial institutions like banks.

And on the other hand, the cryptocurrency that uses Stellar technology, is called Lumens or XLM, the native token of this network.

This cryptocurrency was developed in 2014. And the idea to create it came from Jed McCaleb, one of Ripple's co-founders. As soon as it was born, 100 billion XLM was generated and put into circulation on the market.

Stellar Lumens, what cryptocurrency is it?

Stellar is the technology that allows you to send and receive funds quickly and economically is open source. Runs a decentralized network of servers using a distributed ledger protocol that is updated every 2-5 seconds on all nodes.

Stellar's consensus protocol is really what sets it apart from Bitcoin. Its name is Stellar Consensus Protocol (SCP). The SCP does not rely on a network of miners to validate transactions. Instead, it uses the Federated Byzantine Agreement (FBA) algorithm, which allows for faster processes in operations.

The way Lumens and XRP (Ripple) work is that their own developers run their own nodes across multiple servers. In addition, both use a distributed ledger to verify the movement of funds, so transactions only take a few seconds to process and commissions are quite cheap.

Unlike with Bitcoin, as XLM is not generated through miners initially created 100,000 million. In addition, a system was implemented whereby its amount would be increased by 1% each year and a weekly deposit would be made to the recipients. As this mechanism was misused, the foundation deactivated it in October 2018.

How does Stellar Lumen work?

If you are already considering the option to buy Stellar, you should first know how their system works.

In practice, the Stellar protocol works like PayPal but is more practical. To start using it, you must first deposit funds in an “anchor " or anchor in the network. This "anchor" is a trusted intermediary, just like a bank or PayPal. This anchor holds your funds and displays your balance in stellar wallet.

You're probably wondering why the first thing I have to do is change my funds and deposit them in an anchor in exchange for credit. This anchor actually works as a” bridge " between any currency and the Stellar network. This allows you to send funds instantly over this network without having to wait for a bank transfer. Let's take an example.

Imagine that you want to send money to your friend in the United States. Then, you will make use of your balance in Euros that you already have validated in your wallet to send them to it through the network of this network. Stellar will automatically convert EUR to USD using the lowest exchange rate. And your friend's balance will be credited in USD. Now he will be able to withdraw the funds through an anchor that supports in EUR.

Works as an exchange environment

But Stellar also allows you to sell or buy other currencies or cryptocurrencies. The exchange rate of each trade is predetermined by the individual orders issued by each individual person. Therefore, these transactions do not use the automatic exchange rate that Stellar applies to personal transfers.

For example, if you want to change USD to GBP, you post that order in Stellar's transaction book. And at that time it is shown in the global network market.

Allows multi-currency transactions

As we have seen before, Stellar allows you to freely send funds internationally without the need for banks or exchange offices. In order to perform this operation, the network can perform one of these 3 operations:

1) Stellar converts funds via an order that is already on the market. And the change is automatically made.

2) Stellar converts forex X funds into Lumens on the global market. Then it turns those Lumens back into the currency and that will be the one that the receiver receives.

3) If you cannot “marry” market orders between two currencies, then Stellar looks for a set of trades on the network that will allow you to perform the trade. Imagine that I need to change USD into GBP. Then you could look for this group of transactions: USD to AUD, AUD to CAD, CAD to GBP.

Advantages of Stellar as a cryptocurrency

Stellar aims to be a platform that provides access to financial services to everyone around the world, including services for which they do not have banking services.

Stellar's main benefits come from its low transaction costs, near-instant transaction speed for cross-border transfers, and high security.

Specifically, transactions take approximately 2 to 5 seconds to be made and verified. In addition, the commissions charged for them are usually very economical.

On the other hand, Stellar Lumens platform offers high scalability. Currently the network can handle up to 2000 transaction processes. Although its engineers advance that actually the network can scale to 10,000 if you use services like Google Cloud Servers.

Stellar Lumens vs Ripple

If Stellar Lumens came from one of Ripple's co-founders, it will surely look a lot like Ripple, you'll think. Yes and no. And is that, as usually happens in this type of thing, as McCaleb had irreconcilable differences with the Ripple board, Stellar has several changes that are characteristic of this cryptocurrency.

To begin with, Stellar aims to assist in transactions between people. While Ripple seeks to do so by focusing primarily on banks.

One of the main differences between Stellar Lumens XLM and Ripple is that although Stellar can also be used by banks, its protocol targets the entire world. The idea is that by using Stellar, citizens and organizations in the poorest countries can transfer money internationally virtually free of charge and in just a few seconds.

If you are interested in knowing more about Stellar Lumens as the Stellar quote or would like to buy cryptocurrencies in Spain in a reliable and safe way, follow us! Through Coinmotion you will have all kinds of guarantees.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Economic situation gets worse: Stagflation is now happening in the USA...

 People must learn quickly how to complete the necessary preparations to survive stagflation, which is happening right now in the United States.

Stagflation is an economic condition caused by a combination of slow economic growth, high unemployment and rising prices. It last happened in the 1970's as a result of monetary and fiscal policies and an oil embargo. (Related: Joe Biden is proving even more of a ‘master of disaster’ than Jimmy Carter.)

Brandon Smith of Alt Market said there is lot of things to be done and very little time to counter stagflation. To beat stagflation means to have localized production, decentralization and a move away from reliance on the global supply chain.

Smith, who blamed the Federal Reserve for stagflation, said there is also the need for an institution of local currency systems, perhaps using state banks like the one in North Dakota as a model, barter markets and physical precious metals that rise in value along with inflationary pressures.

He lashed out at the claim of the mainstream media that the Fed saved the U.S. from imminent collapse and that central bankers are heroes. Smith noted that reality isn’t a mainstream media story and the U.S. economy isn’t the stock market.

“All the Federal Reserve really accomplished was to forge a devil’s bargain: Trading one manageable deflationary crisis for at least one (possibly more) highly unmanageable inflationary crises down the road. Central banks kicked the can on the collapse, making it far worse in the process,” wrote Smith.

Money printed by Fed used to support banks and corporations around the world

Smith said the U.S. economy is extremely vulnerable because the money created from thin air by the Fed was used to support failing banks and corporations, not just in America but around the world.

“Because the dollar has been the world reserve currency for the better part of the past century, the Fed has been able to print cash with wild abandon and mostly avoid inflationary consequences,” noted Smith.

He warned that a massive injection of liquidity will happen if the dollars are to be held overseas in foreign banks and corporate coffers because of its global reserve status.

“There is no such thing as party that goes on forever. Eventually the punch runs out and the lights shut off. If the dollar is devalued too much, whether by endless printing of new money or by relentless inflationary pressures at home, all those overseas dollars will come flooding back into the United States,” Smith said. “We are now close to this point of no return.”

He clarified that President Joe Biden’s infrastructure bill and the pandemic stimulus are not the only culprits behind the stagflation event. Rather, stagflation is the culmination of many years of central bank stimulus sabotage and multiple presidents supporting multiple dollar devaluation schemes.

“Biden simply appears to be the president to put the final nail in the coffin of the U.S. economy,” wrote Smith, who said the Fed has pumped out approximately $6 trillion more in stimulus and helicopter money through PPP loans and COVID checks.

Biden is also ready to drop another $1 trillion in the span of the next couple years through his recently passed infrastructure bill.

Real crisis happens when inflation becomes visible to public

Smith said the real crisis happens when inflation becomes visible to the public and their pocketbooks take a hit. The Fed must make a choice whether to continue with inflationary programs and risk taking the blame for extreme price increases or taper these programs and risk an implosion of stock markets which have long been artificially inflated by stimulus.

He described the Federal Reserve as an ideological suicide bomber waiting to blow itself up and deliberately derail or destroy the American economy at the right moment.

“Federal Reserve is not a banking institution on a mission to protect American financial interests. The COVID pandemic, lockdowns and supply chain snarls provided the bankers the cover events to hide their calculated economic attack, otherwise the would take full blame for the disaster,” Smith said.

If inflation becomes rampant, the Federal Reserve may be compelled to raise the interest rates in a short span of time, which will result to immediate slowdown in the flow of overnight loans to major banks, an immediate slowdown in loans to large and small businesses, an immediate crash in credit options for consumers and an overall crash in consumer spending.

“This recipe created the the 1981-1982 recession, the third-worst in the 20th century,” noted Smith. In other words, the choice is stagflation, or deflationary depression, and it would appear that the Fed has chosen stagflation. We have now reached the stage of the game in which stagflation is becoming a household term, and it’s only going to get worse from here on.”

According to official consumer price index (CPI) calculations and Fed data, the U.S. is now witnessing the largest inflation surge in over 30 years – but the real story is much more concerning.

Smith said CPI numbers are manipulated – and have been since the 1990s when calculation methods were changed and certain unsavory factors were removed.

“If we look at inflation according to the original way of calculation, it is actually double that reported by the government today. In particular, necessities like food, housing and energy have exploded in price, but we are only at the beginning,” said Smith, who stressed that price spikes in necessities like housing and food will generate mass poverty and homelessness.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

La situación económica empeora: la estanflación está ocurriendo ahora en los EE.UU...

La gente debe aprender rápidamente cómo completar los preparativos necesarios para sobrevivir a la estanflación,que está sucediendo en este momento en los Estados Unidos.

La estanflación es una condición económica causada por una combinación de lento crecimiento económico, alto desempleo y aumento de los precios. Ocurrió por última vez en la década de 1970 como resultado de las políticas monetarias y fiscales y un embargo petrolero. (Relacionado: Joe Biden está demostrando ser aún más un 'maestro del desastre' que Jimmy Carter).

Brandon Smith, de Alt Market, dijo que hay muchas cosas por hacer y muy poco tiempo para contrarrestar la estanflación. Vencer la estanflación significa tener una producción localizada, descentralización y un alejamiento de la dependencia de la cadena de suministro global.

Smith, quien culpó a la Reserva Federal por la estanflación, dijo que también existe la necesidad de una institución de sistemas de moneda local, tal vez utilizando bancos estatales como el de Dakota del Norte como modelo, mercados de trueque y metales preciosos físicos que aumentan de valor junto con presiones inflacionarias.

Arremetió contra la afirmación de los principales medios de comunicación de que la Fed salvó a Estados Unidos de un colapso inminente y que los banqueros centrales son héroes. Smith señaló que la realidad no es una historia de los principales medios de comunicación y que la economía de Estados Unidos no es el mercado de valores.

"Todo lo que la Reserva Federal realmente logró fue forjar un pacto del diablo: cambiar una crisis deflacionaria manejable por al menos una (posiblemente más) crisis inflacionarias altamente inmanejables en el futuro. Los bancos centrales patearon la lata en el colapso, haciéndolo mucho peor en el proceso", escribió Smith.

El dinero impreso por la Fed se utiliza para apoyar a bancos y corporaciones de todo el mundo, Smith dijo que la economía de Estados Unidos es extremadamente vulnerable porque el dinero creado de la nada por la Fed se utilizó para apoyar a bancos y corporaciones en quiebra, no solo en Estados Unidos sino en todo el mundo.

"Debido a que el dólar ha sido la moneda de reserva mundial durante la mayor parte del siglo pasado, la Fed ha podido imprimir efectivo con un abandono salvaje y, en su mayoría, evitar consecuencias inflacionarias", señaló Smith.

Advirtió que se producirá una inyección masiva de liquidez si los dólares se mantienen en el extranjero en bancos extranjeros y arcas corporativas debido a su estado de reserva global.

"No hay tal cosa como la fiesta que dura para siempre. Finalmente el golpe se agota y las luces se apagan. Si el dólar se devalúa demasiado, ya sea por la impresión interminable de dinero nuevo o por las implacables presiones inflacionarias en el país, todos esos dólares extranjeros volverán a inundar a los Estados Unidos", dijo Smith. "Ahora estamos cerca de este punto de no retorno".

Aclaró que el proyecto de ley de infraestructura del presidente Joe Biden y el estímulo pandémico no son los únicos culpables del evento de estanflación. Más bien, la estanflación es la culminación de muchos años de sabotaje de estímulo del banco central y múltiples presidentes que apoyan múltiples esquemas de devaluación del dólar.

"Biden simplemente parece ser el presidente para poner el último clavo en el ataúd de la economía de Estados Unidos", escribió Smith, quien dijo que la Fed ha inyectado aproximadamente 6 billones de dólares más en estímulo y dinero helicóptero a través de préstamos PPP y cheques COVID.

Biden también está listo para dejar caer otro billón de dólares en el lapso de los próximos dos años a través de su proyecto de ley de infraestructura recientemente aprobado.

La verdadera crisis ocurre cuando la inflación se vuelve visible para el público

Smith dijo que la verdadera crisis ocurre cuando la inflación se hace visible para el público y sus bolsillos se ven afectados. La Fed debe tomar la decisión de continuar con los programas inflacionarios y arriesgarse a asumir la culpa de los aumentos extremos de precios o reducir estos programas y arriesgarse a una implosión de los mercados de valores que durante mucho tiempo han sido inflados artificialmente por el estímulo.

Describió a la Reserva Federal como un terrorista suicida ideológico que espera inmolarse y descarrilar o destruir deliberadamente la economía estadounidense en el momento adecuado.

"La Reserva Federal no es una institución bancaria con la misión de proteger los intereses financieros estadounidenses. La pandemia de COVID, los bloqueos y los gruñidos de la cadena de suministro proporcionaron a los banqueros los eventos de cobertura para ocultar su ataque económico calculado, de lo contrario asumirían toda la culpa del desastre", dijo Smith.

Si la inflación se vuelve desenfrenada, la Reserva Federal puede verse obligada a elevar las tasas de interés en un corto período de tiempo, lo que resultará en una desaceleración inmediata en el flujo de préstamos a un día a los principales bancos, una desaceleración inmediata en los préstamos a grandes y pequeñas empresas, un colapso inmediato en las opciones de crédito para los consumidores y un colapso general en el gasto del consumidor.

"Esta receta creó la recesión de 1981-1982, la tercera peor en el siglo XX", señaló Smith. En otras palabras, la elección es la estanflación, o depresión deflacionaria, y parecería que la Fed ha elegido la estanflación. Ahora hemos llegado a la etapa del juego en la que la estanflación se está convirtiendo en un término familiar, y solo va a empeorar de aquí en adelante".

Según los cálculos oficiales del índice de precios al consumidor (IPC) y los datos de la Fed, Estados Unidos ahora está presenciando el mayor aumento de la inflación en más de 30 años, pero la historia real es mucho más preocupante.

Smith dijo que los números del IPC están manipulados, y lo han sido desde la década de 1990, cuando se cambiaron los métodos de cálculo y se eliminaron ciertos factores desagradables.

"Si miramos la inflación de acuerdo con la forma original de cálculo, en realidad es el doble de la reportada por el gobierno hoy. En particular, las necesidades como los alimentos, la vivienda y la energía han explotado en precio, pero solo estamos al principio", dijo Smith, quien enfatizó que los aumentos de precios en necesidades como la vivienda y los alimentos generarán pobreza masiva y falta de vivienda.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021