As every week, we are eager to share the headlines that got the most attention in the weekly Bitlocus team discussion:
Bitcoin can benefit the U.S. in creating an ‘economic boom’
Macroeconomist Luke Gromen noted that adopting Bitcoin as a sovereign asset can give the U.S. an added advantage and create an economic boom while providing an edge over global competitors like China and Russia.
The U.S. Proposes Stablecoin Regulation
The House Stablecoin Bill would make it illegal to issue or create new stablecoins that mimic the functionality and features of TerraUSD—an algorithmically-backed stablecoin that infamously lost its dollar peg in May.
Nasdaq Takes Crypto Bet With Custody Service for Institutions
Nasdaq has already filed an application to offer digital asset custody services with the New York Department of Financial Services, currently pending approval.
Many thanks to Mantas for keeping us up-to-date with the latest information❕
Bitcoin can benefit the U.S. in creating an ‘economic boom’
Macroeconomist Luke Gromen noted that adopting Bitcoin as a sovereign asset can give the U.S. an added advantage and create an economic boom while providing an edge over global competitors like China and Russia.
The U.S. Proposes Stablecoin Regulation
The House Stablecoin Bill would make it illegal to issue or create new stablecoins that mimic the functionality and features of TerraUSD—an algorithmically-backed stablecoin that infamously lost its dollar peg in May.
Nasdaq Takes Crypto Bet With Custody Service for Institutions
Nasdaq has already filed an application to offer digital asset custody services with the New York Department of Financial Services, currently pending approval.
Many thanks to Mantas for keeping us up-to-date with the latest information❕
Bitlocus has had a very productive three months. We've been working diligently to bring improvements and new products to our community.
The key highlights of Q3 include new lending pools, an exciting partnership with S-PRO, a new $BTL token utility for B2B customers & a fixed-term yield farming launch.
Take a closer look at what was accomplished in Q3.
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The key highlights of Q3 include new lending pools, an exciting partnership with S-PRO, a new $BTL token utility for B2B customers & a fixed-term yield farming launch.
Take a closer look at what was accomplished in Q3.
Enhance your Bitlocus experience with $BTL token
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Decentralized finance (DeFi) provides access to a range of financial products without relying on a central authority:
Anonymous Quiz
88%
True
13%
False
Want to start yield farming, but the processes look too complicated? Say no more. We got your back.
Follow this step-by-step tutorial and enjoy the benefits of decentralized finance just in moments.
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Follow this step-by-step tutorial and enjoy the benefits of decentralized finance just in moments.
Enhance your Bitlocus experience with $BTL token
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We prepared the explanatory article on the main differences between APY & APR.
Learn now 📚
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Learn now 📚
Enhance your Bitlocus experience with $BTL token
Bitlocus CEX | PancakeSwap | Gate.io
Join the family of Bitlocus
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Guess the price of $BTC and win 500 USDT💴
Guess the price of $BTC on the 12th of October at 7 AM GMT in BTC/EUR trading pair on Bitlocus exchange and provide your answer via this form (in the format of xxxxx.xx EUR).
Competition period: Starts now and finishes on the 7th of October, 6 PM GMT (Friday)
IMPORTANT INFORMATION:
🟢 Only registered Bitlocus users can participate.
🟢 1 answer per registered email is allowed.
🟢 In case of multiple answers from one email, only the first answer will be taken into account.
🟢 The user with the correct answer will win.
🟢 If there is no correct price, the closest number to the correct answer will be considered a winner.
🟢 If there is more than one user who answers correctly, we will divide the prize accordingly.
🟢 The prize will be deposited to the winner's Bitlocus account.
🟢 In order to claim the reward, the winner(s) will be required to do an identity verification procedure (which takes up to 10 minutes).
Guess the price of $BTC on the 12th of October at 7 AM GMT in BTC/EUR trading pair on Bitlocus exchange and provide your answer via this form (in the format of xxxxx.xx EUR).
Competition period: Starts now and finishes on the 7th of October, 6 PM GMT (Friday)
IMPORTANT INFORMATION:
🟢 Only registered Bitlocus users can participate.
🟢 1 answer per registered email is allowed.
🟢 In case of multiple answers from one email, only the first answer will be taken into account.
🟢 The user with the correct answer will win.
🟢 If there is no correct price, the closest number to the correct answer will be considered a winner.
🟢 If there is more than one user who answers correctly, we will divide the prize accordingly.
🟢 The prize will be deposited to the winner's Bitlocus account.
🟢 In order to claim the reward, the winner(s) will be required to do an identity verification procedure (which takes up to 10 minutes).
Bitlocus is eager to share its plans for the fourth quarter. We have new products & additions planned for the upcoming 3 months, including a new protocol launch, additional assets for lending & staking as well as implementation of the NFT service.
Let's take a brief look at what we have planned for Q4.
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Let's take a brief look at what we have planned for Q4.
Enhance your Bitlocus experience with $BTL token
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Bitlocus is an entry point for non-crypto investors to begin their journey in the DeFi space!
Allowing thousands to reap annual rewards on their investments without the need for a crypto wallet or exchange markets.
Start earning yield now❗️
Enhance your Bitlocus experience with $BTL token
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Allowing thousands to reap annual rewards on their investments without the need for a crypto wallet or exchange markets.
Start earning yield now❗️
Enhance your Bitlocus experience with $BTL token
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$BTL, a deflationary multi-chain utility token strengthens the entire Bitlocus ecosystem and delivers a bigger value to token owners across the wide range of services that Bitlocus is offering.
Why it is beneficial to hold $BTL tokens?
1️⃣Better DeFi interest rates for token holders
Depending on the percentage of $BTL in your portfolio, you fall into these tiers: Base, Silver, Gold, and Platinum. The more $BTL you hold, the bigger return on investment you will get.
2️⃣Better $BTL staking interest
The longer you stake your Bitlocus tokens, the more tokens you earn as interest!
3️⃣Better services rates for B2B clients
Our partners with a particular amount of $BTL are eligible to get better rates on our products & services, like the white-label exchange solution, merchant API, crypto payments gateway, and others.
Fill up your wallet with $BTL tokens in one of the following platforms:
Bitlocus CEX | PancakeSwap | Gate.io
Join the family of Bitlocus
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Why it is beneficial to hold $BTL tokens?
1️⃣Better DeFi interest rates for token holders
Depending on the percentage of $BTL in your portfolio, you fall into these tiers: Base, Silver, Gold, and Platinum. The more $BTL you hold, the bigger return on investment you will get.
2️⃣Better $BTL staking interest
The longer you stake your Bitlocus tokens, the more tokens you earn as interest!
3️⃣Better services rates for B2B clients
Our partners with a particular amount of $BTL are eligible to get better rates on our products & services, like the white-label exchange solution, merchant API, crypto payments gateway, and others.
Fill up your wallet with $BTL tokens in one of the following platforms:
Bitlocus CEX | PancakeSwap | Gate.io
Join the family of Bitlocus
Twitter | Website | Facebook | Reddit
Last call to participate in the Bitlocus community game❗️
Guess the price of $BTC on the 12th of October at 7 AM GMT in BTC/EUR trading pair on Bitlocus Exchange and win 500 USDT!
Only 6 hours left to submit your guess, hurry up!
IMPORTANT INFORMATION:
🟢 Only registered Bitlocus users can participate.
🟢 1 answer per registered email is allowed.
🟢 In case of multiple answers from one email, only the first answer will be taken into account.
🟢 The user with the correct answer will win.
🟢 If there is no correct price, the closest number to the correct answer will be considered a winner.
🟢 If there is more than one user who answers correctly, we will divide the prize accordingly.
🟢 The prize will be deposited to the winner's Bitlocus account.
🟢 In order to claim the reward, the winner(s) will be required to do an identity verification procedure (which takes up to 10 minutes).
Answers have to be provided via this form in the format of xxxxx.xx EUR.
Guess the price of $BTC on the 12th of October at 7 AM GMT in BTC/EUR trading pair on Bitlocus Exchange and win 500 USDT!
Only 6 hours left to submit your guess, hurry up!
IMPORTANT INFORMATION:
🟢 Only registered Bitlocus users can participate.
🟢 1 answer per registered email is allowed.
🟢 In case of multiple answers from one email, only the first answer will be taken into account.
🟢 The user with the correct answer will win.
🟢 If there is no correct price, the closest number to the correct answer will be considered a winner.
🟢 If there is more than one user who answers correctly, we will divide the prize accordingly.
🟢 The prize will be deposited to the winner's Bitlocus account.
🟢 In order to claim the reward, the winner(s) will be required to do an identity verification procedure (which takes up to 10 minutes).
Answers have to be provided via this form in the format of xxxxx.xx EUR.
Enjoy the benefits of DeFi by putting your $BTL token to work!
Join the single asset staking pool on the Bitlocus platform and earn up to 24% APY❗️
Start Staking Now ❗️
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Join the single asset staking pool on the Bitlocus platform and earn up to 24% APY❗️
Start Staking Now ❗️
Enhance your Bitlocus experience with $BTL token
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Join the family of Bitlocus
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Which account level of the Bitlocus loyalty program provides a 20% higher yield?
Anonymous Quiz
14%
Base
24%
Silver
24%
Gold
38%
Platinum
Looking for additional ways to protect your savings from rising inflation? We've hand-picked them for you!
Learn the strategies used by investors to fight increasing inflation.
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Learn the strategies used by investors to fight increasing inflation.
Enhance your Bitlocus experience with $BTL token
Bitlocus CEX | PancakeSwap | Gate.io
Join the family of Bitlocus
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It is always essential to keep our knowledge up-to-date. That’s why the Bitlocus team discusses the latest crypto trends weekly. This time the following headlines got the most attention:
Bitcoin’s hash rate grows:
The Bitcoin hash rate has reached a new record, climbing to three times higher than the lows it reached during the China mining ban.
Over 34,000 $BTC Moved off Exchanges in Single Day:
This remains a potentially bullish indicator for the lead crypto asset, as Santiment indicates it may point to trader confidence heading into Q4.
EU Approves MiCA:
Members of the European Council approved the text for the Markets in Crypto Assets Regulation framework, in a significant step toward establishing rules for how digital asset exchanges and other service providers should operate in EU member states.
Big thanks to our analyst Mantas for doing the research on the most recent events in the crypto space🙌
Bitcoin’s hash rate grows:
The Bitcoin hash rate has reached a new record, climbing to three times higher than the lows it reached during the China mining ban.
Over 34,000 $BTC Moved off Exchanges in Single Day:
This remains a potentially bullish indicator for the lead crypto asset, as Santiment indicates it may point to trader confidence heading into Q4.
EU Approves MiCA:
Members of the European Council approved the text for the Markets in Crypto Assets Regulation framework, in a significant step toward establishing rules for how digital asset exchanges and other service providers should operate in EU member states.
Big thanks to our analyst Mantas for doing the research on the most recent events in the crypto space🙌
We’re happy to announce the winner of our community game❗️
The BTC/EUR price at Bitlocus exchange at 7AM GMT was 19702.87 EUR.
The closest answer was 19704.99 EUR. Congratulations, your Bitlocus account will be deposited with 500 USDT.
We decided to award the second closest answer as well. The user who guessed 19688.59 EUR will receive a 100 USDT deposit.
Our team will contact both winners via email today.
Thank you all community members for your active participation!
The BTC/EUR price at Bitlocus exchange at 7AM GMT was 19702.87 EUR.
The closest answer was 19704.99 EUR. Congratulations, your Bitlocus account will be deposited with 500 USDT.
We decided to award the second closest answer as well. The user who guessed 19688.59 EUR will receive a 100 USDT deposit.
Our team will contact both winners via email today.
Thank you all community members for your active participation!