Freewallet.org | Crypto Wallet

2022-06-20 02:09:28 “Patience is the key”: President of El Salvador joins the optimistic voices reassuring investors about imminent BTC bounce-back.

El Salvador officially introduced BTC as a means of exchange back in 2021, when Bitcoin market price was hovering around $50K. Ever since, Bukele’s government made significant returns on their initial BTC investments as Bitcoin rallied to its all-time high of $69K, which was redirected to the country’s infrastructure development initiatives.

“My advice: stop looking at the chart and enjoy life. If you invested in #BTC your investment is safe and its value will grow a lot after the bear market”, Bukele consigned.

It's true that with such a high volatility comes great uncertainty, so the current anxiety among investors is understandable. And it is probably safe to assume, that BTC price charts are being analyzed in the high offices of El Salvador daily if not hourly too. But the overall message still holds true, and this attitude is proven by experience and not just blind optimism. Open / Comment

2022-06-18 01:14:07 It's fork time! Let's find out all about Bitcoin's latest hard fork and how to get a piece of it.

Warning: the article contains a lot of screenshots of Freewallet's beautiful interface.

https://freewallet.org/blog/where-and-how-buy-bitcoin-gold/ Open / Comment

2022-06-16 03:09:44 Looks like we might soon witness another dramatic depegging of a major algorithmic stablecoin.

This time it’s USDD. Emergency measures (already familiar for some of the market watchers from the UST saga) involve merciless pumping of reserves.

According to USDD founders at Tron DAO Reserve, holders have nothing to fear and the reason for the market panic was the abrupt withdrawal of TRX coins from the Binance exchange.

Meanwhile investors are cautiously yet swiftly diversifying their portfolio, searching for stability in the seemingly safer fiat-backed stablecoins.

As of now USDD to USD course seems to settle towards recovery but is still pretty far off-course, at least for a stablecoin standard. Either way, it’s gonna be one hell of a ride! Open / Comment

2022-06-14 00:53:39 Freewallet now supports off-chain transactions for Cosmos (ATOM)! Enjoy instantaneous swaps with greater anonymity and the absence of fees. Or check out our recent guide if you're not sure what off-chain really is: https://freewallet.org/blog/on-chain-and-off-chain-transactions/ Open / Comment

2022-06-13 00:58:07 We know times are tough in the crypto land, but we didn’t expect such a depressing #coinratesunday… Only one winner (the previous week’s best gainer, BTW – from +27.99 to -24.88)

Bear market, enough already! Open / Comment

2022-06-11 02:04:04 US IRS is lowering the tax threshold for your side-hustles from pre-covid $20,000 to $600. This time nationally.

This would directly affect operations for your familiar go-to services as eBay, PayPal, Airbnb etc. So, almost all notable activity there will be reported and taxed.

With this extent of tightening the taxation screws on the fiat payments, it would only be reasonable to go crypto. Freewallet is there to ensure safe and convenient storage of your funds. Get your assets under your full control today by visiting freewallet.org Open / Comment

2022-06-10 01:55:10 LUNA 2.0 keeps setting anti-records after its launch, dropping to a staggering $2,1 for a brief moment before settling just below $3.

It appears, that the journey so far has not been great for those who received the LUNA airdrop and chose to hold on to their tokens.
The rugpull accusations began to circulate around the agenda behind the new token even before the launch but now they’re becoming even more prominent.

Nor the journey was particularly enjoyable for holders of LUNC or classic LUNA token. The depegged token, which initially showed some upwards momentum after the crash, has been on a steady decline for the past week losing about 50% of its price.

What’s also important is that LUNC has experienced a notable 500% surge in the number of holders since the crash. So, the statistics alone suggest that giving up on the asset might be a little too early at least if you’re an incurable optimist. And it seems, that there are a bunch of those among LUNC holders as attempts to redeem the price still continue. Open / Comment

2022-06-09 02:51:35 Last November, two prominent Web3 players surprised everyone by teaming up. Now we're finally ready to present their joint token, minimalistically branded as T.

Top-notch cryptography (NU) and a bridge for BTC towards the ETH platform (KEEP) – what a crossover episode! Open / Comment

2022-06-08 03:29:36 US Congress has introduced the most comprehensive cryptocurrency legislation to date.

The main hypothetical long-term consequences will likely come out of the long-awaited legal definitions in crypto. The bill promises federal law for stablecoins, taxes on small-scale payments and the jurisdictions of regulators – answering the uncertainties that, according to authors of the initiative have kept the fledgling financial sector from maturing.

The bill has generously wiped away tax worries for purchases of less than $200, so we are already gearing up for a stream of just-below-two-hundred transactions from US IPs.

This, along with PayPal’s announcement of Bitcoin transfers (no more half-measures!), made a pretty bullish day for crypto community. Let’s keep this ball rolling! Open / Comment

2022-06-07 02:10:08 Octagon Networks made a giant crypto-enthusiastic leap with its recent decision to convert its entire balance sheet to Bitcoin.

Putting Ethiopia on the frontlines of progress yet again, Octagon Network has killed a whole flock of birds with one stone:

- Made an outstanding PR decision for their business
- Secured a sensible PR push for bitcoin itself, putting its reputation as a cybersecurity company on the line
- Enabled business relations with customers far abroad by accepting Bitcoin as payment. And offering a 50% discount to customers using BTC would most likely help this objective a lot as well. Open / Comment