Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Muscles - Thats the plan but these things take time.
A couple of quite interesting developments ( well interesting for me anyway) Firstly anyone who has read my ramblings will know that for me the future of digital assets are stablecoins and CBDCs (central bank digital currencies) and Pendulum could/should/would be the bridge from digital assets to fiat.
With the recent turbulence in the market what I think is a (medium term) significant development is the state regulation of Stable coins as centralised regulation provides the crucial turning point in the mass adoption of digital assets.
Well yesterday the UK Govt confirmed their commitment to go ahead with stablecoin regulation
https://news.bitcoin.com/uk-affirms-commitment-to-regulate-stablecoins-following-terra-meltdown/
And Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO) announced that A global body for regulating Digital assets is likely to be set up next year
https://www.euronews.com/next/2022/05/13/global-crypto-regulation-body-likely-in-next-year-as-covid-19-climate-and-crypto-top-conce
and finally Heath Behncke, managing director of Holon Global Investments seems to agree with my view, recently commenting - The meltdown of the terra stablecoin last week should force policymakers to create safer ways to move fiat currency into digital assets, a leading local investor in technology powering cryptocurrencies -
Welcome to Pendulum (my words)
https://www.afr.com/companies/financial-services/crypto-investor-calls-for-central-banks-to-protect-stablecoin-reserves-20220516-p5alqa
Torreaguas - no Kasuma crowloan date set yet - but should not be too long
Nope, still finding sellers
to zzzzzzzzzzzz
could be very good timing as selling appears to be drying up.
Kusama parachain rewards date announcement set apparantly.
Feel like the interest here has evaporated, not even looked at it for a while. Still in profit here (just) but had expected more of advance of progress, difficult times I suppose.
Ragnar - Thanks for the information mate :-) Always appreciate your input on these matters. Keep safe and well mate.
Fabio Panetta, Member of the Executive Board of the ECB, made a keynote speech at the National College of Ireland regarding digital currency. The digital Euro is coming.
Finally, at the end of 2023 we could decide to start a realisation phase to develop and test the appropriate technical solutions and business arrangements necessary to provide a digital euro," Panetta said. "This phase could take three years."
https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220516~454821f0e3.en.html
Dark - thanks -yes there are quite a lot of articles currently regarding Stablecoins and crypto in general mainly due to two things - the current crypto bear market ( no different from the current bear share market) and the spectacular fall of the Tera Luna which dropped a staggering 99% in 48 hours a because it was pegged to its own Stablecoin (Terra USD) it cause that to drop below the 1 dollar peg - which shoudnt happen.
What actually happened is is very complicated, but it is safe to say that the Terrform labs blockchain has had plenty of warnings from plenty of anylists over the whole project as it was quite a unique idea to create an algorithmic stablecoin where LUNA crypto currency could be burnt in order to ‘mint’ UST to stabilize it whenever it loses its 1:1 peg to the dollar, and vice versa. Without going into the technicalities this is different from how other stablecoins work - In theory the idea could/should work but at best the project was experimental and has clearly failed. There are many commentators out there calling CEO Do Kwon a charleton, stating the technology was just a re-working of other ideas with known issues and in fact it turns out he had a previously failed Korean crypto years back. Either way it doesnt help the general perception of the digital currency market. In fact Pendulum tweeted last week:
Shaky market conditions like these can give birth to huge opportunities.
With crypto volatility going wild, #fiat is a safe haven right now.
We'll be home to many fiat-focused #dApps to earn lucrative yields with the highest security standards in mind.
Ragnar - I’ve copied the link directly from the web it’s talking about stablecoins, crypto, defi ect….. I haven’t read it all but it’s very interesting and will impact our interest for blu in my opinion but then I’m not as knowledgeable as you are in this area, I’m still learning.
https://www.barrons.com/amp/articles/stablecoins-crypto-crash-tether-usdc-terra-luna-bitcoin-51652298703
Enjoy the read mate.
DarkHero - cant read that article as needs subscription - I assume it refers to Terra Luna token ?
Apologies 45m is a typo I've actually got 15m
Maybe you should read this link before you say stable coins are the future! May actually not be so stable after all :-)
https://apple.news/AFEn3D2vpQBmcxGJUx3Ojwg
£10 a share in 2 years ?? smoking something strong over there ain’t ya chaps ??
Related crypto news.
Bitcoin to the sky: Emirates to accept BTC payments and launch NFT collectibles
https://cointelegraph.com/news/bitcoin-to-the-sky-emirates-to-accept-btc-payments-and-launch-nft-collectibles
So… £135k’s worth of shares is going to be worth £450million..?
Glad I’m in here then :)
2 many sherbets
Gla
Hmmmm calm down gentlemen :-)
£10 a share ? I'm gonna have to reconsider this investment as I was hoping for £100 a share at least in 2 years. Feel absolutely gutted now it's only gonna get to a tenner.
With massive life changing gains on the near horizon...
27% of the biggest pay per play game changer on earth or in history.
This share will be a giant... We are talking plus £10 within 2yrs with rapid growth towards that month on month
I've now got more than 45m in this.... I don't need to win the lottery.... This will do just fine
That’s because it took a lot of effort to break through 0.28p end of last year……..now solid support level :)
from 14.12.21 the support c 0.28 has held 9 times ,yesterday down day it held too,expecting a rise above 0.31/0.32
https://tvc-invdn-com.investing.com/data/tvc_d14b78de329999c1d56666b22d792876.png
thats great but are you a 10%er?