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About moneytradecoin

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  1. As of March 25, Bitcoin suffered a huge hit when the value of the coin fell to 8,500 dollars. This drop has affected the cryptocurrency market and it is has been struggling eversince to come back to its previous mark in the $350 billion region. Many other cryptocurrencies have also suffered a drop in value as a result except that of small coins like Ontology and Ethos. Bitcoin and Ethereum Record No Hike The two most popular coins in the crypto market, Ethereum and Bitcoin, are unable to make any significant change to the price drop scenario since the crash on March 25th. The only change incurred was a minimal decline in Bitcoin price from $8,580 to $8,490, hardly more than 1 percent. The trading volume of Bitcoin on a daily basis is around $4.5 billion, that is three times more than the daily trading volume of Ethereum. The second most liquid cryptocurrency in the market, Tether, sustains a daily trading volume of $1.4 billion at the moment. The most useful advantage of Tether is that it is used as a hedge for determining the value of cryptocurrency in the market. This is because most traders use Tether to judge the position of crypto coins and their value instead of using regular currency for risk comparisons. Binance, a popular cryptocurrency exchange, allows users to make cryptocurrency and Tether pairings, to hedge for risks and even in times when the market is most volatile. One indication of cryptocurrency risks and instability comes from the extreme high daily trading volume of Tether. It also means that a large portion of users are hedging the value of cryptocurrencies. CEO of Binance, Changpeng Zhao, commented to CNN that the trading volumes for most cryptocurrencies are back up on exchanges. However, this amount is still low especially when compared to the volume that was traded back in March first week when Bitcoin was at a higher value of $11,700. In comparison to the crypto markets in South Korea and Hong Kong, premiums for Bitcoin are still higher than in most countries. Premium in South Korea, is at $8,723, a small 3.2 percent higher than in the US crypto market. A cryptocurrency brokerage platform called Gatecoin which allows bitcoin-to-cryptocurrency trades in Hong Kong, has priced Bitcoin in the $9,000 region. There still appears to be investments from prominent markets in Asia, and premiums on Bitcoin are maintained relatively high. Countries with strict regulations or low trading premiums have their investors moving to markets in Hong Kong and South Korea for trading. Many Chinese investor have joined the Hong Kong market to trade cryptocurrency especially after harsh regulation from the government. Will Altcoins Prosper? Although many smaller cryptocurrencies are unaffected by the drop in Bitcoin and its low daily trading volume, it is still too soon to predict whether smaller coins will prosper or not. It can be notified that numerous smaller coins have profited better than Bitcoin since the crash. Ontology and Ethos have both logged a gain of 20 percent more than Bitcoin over the past week and coins like Nebilo and Walton Chain are showing significant performance better than Bitcoin for the last five days. Now, one of the reasons for altcoin popularity could be from their lack of significant progress in the past and recent outperformance over Bitcoin. Unless there is a steady and slow progress for Bitcoin, Ethereum, and Ripple to regain their previous value, altcoins will not be able to outperform for much longer. Bitcoin was previously valued at $12,000, Ethereum was $900, and Ripple was $1.
  2. One of the most successful applications of Blockchain is cryptocurrencies like Bitcoin or Ethereum. In terms of Blockchain implementation, Bitcoin is credited as both its premier user and most popular promoter of the technology. However, Blockchain is not limited to providing frameworks for cryptocurrencies, its range of benefits include financial decentralization, transparency, efficiency, encryption security, and disintermediation. All these applications are crucial to the smooth working of a business, startup, or company. The traditional banking system currently in place is synonymous with centralisation and administrative delay. Many services that banks offer are via wire transfers that can prolong a transaction or deal as the process may take a number of days to complete. Most payments are delayed in the process due to currency fluctuations, exchange rates, and other administrative delays, leading to losses for companies and startups. As cryptocurrencies are decentralised and remove any intermediaries with Blockchain, the process is efficient, less delayed, and secured. Through crypto transactions a company can receive funds quickly and deals can be made via smart contracts. Using Blockchain as an operating system for cryptocurrencies is only the start of what it can really do. One of the most prominent and trending uses of Blockchain for companies and startups is fundraising by ICOs. There have been around 1400 ICO companies created because of Blockchain. The number of companies using Blockchain for their ventures is growing everyday from creating a shared server space to mining software for acquiring cryptocurrency. Blockchain technology allows transparency, security, and freedom from centralised banking and government interference. The future involves the incorporation of Blockchain in various industries like travel, where all arrangements can be made online and directly to a business without any middlemen like agencies or travel bookers. This enables services to be cheaper and more reliable for customers. Larger companies that construct software and provide the same to clients are also dipping their feet into Blockchain technology for possible merging if the two. Facebook has started experimenting with the technology to improve their security and prevent any future data breaches. Microsoft has also started looking into Blockchain research for their software. There is clearly more out there for Blockchain than backing up cryptocurrencies like Bitcoin, it truly is an important technology to be implemented in companies in the tech, travel, and business world. Incorporating Blockchain into your business may just be that push you need to stay ahead of the competition.
  3. Roberto Escobar has recently launched a Colombian version of cryptocurrency and alternative to Bitcoin called Dietbitcoin (DDX). This BTC hard fork coin has been initiated as an Escobar Inc. venture as reported by TheNextWeb. Roberto also wrote a book which is available on the website of his cryptocurrency, and is titled, ‘The True Story by Roberto Escobar: Pablo Escobar’s Dietbitcoin’. In its description it mentions,”After making $100 billion dollars, Roberto Escobar launches the dietbitcoin ‘DDX’ cryptocurrency”. The book includes interesting in depth chapters on “The Other Peruvian Plane,” and “Noriega, The Traitor”, as well as the basis for Robertos proposal to create a new cryptocurrency. He mentions his intentions for DDX saying, “I am the first person in the world, Roberto De Jesus Escobar Gaviria, to publicly come out and claim that Bitcoin was created by the American Government, and I am not going to be the last person to say this. The world is going to wake up. The world is going to see that this was created by them. And when they see it, it is too late, and when the CIA founds out that the world knows about this, the CIA is going to sell all of their coins, and they will destroy the value of Bitcoin…That’s why I am creating my own cryptocurrency called dietbitcoin (DDX)”. Dietbitcoin is currently running an Initial Coin Offering (ICO) that consists of three rounds with 1 million DDX coins as the cap for the crowdsale. The pre-ICO round 1 offers a total of 300,000 coins for $2 a coin, a sale price from the $50 originally listed, pre-ICO round 2 offers 300,000 coins for $100 each, and the ICO will have 400,000 tokens for $1000 each. Roberto, in his book, makes it known that the elusive Nakamoto himself approached him for the creation of DDX, but it was a ploy by the US government to invade his Escobar Inc. He declares that his DDX will remain out of the reach of ‘Americanos’ who monitor Bitcoin users and track their activity. He also made contact with another crypto leader, John McAfee, founder of McAfee software but Roberto broke off the deal of them making DDX together because he believed that the vision was too small. Roberto has an interesting opinion on Ethereum (ETH) and doubts its legitimacy as a cryptocurrency due to the young age of the co creator Vitalik Buterin. He states in his book, “Ethereum is a complete scam. This is nice technology, but it was created by a small child. Who cares about this child? I do not care. He can come here and talk to me in my face. I will say ‘Sir, you are a gringo. You think I care about the gringo coin? I don’t care.’ All of these other coins and tokens; do not even get me started on tokens”.
  4. The concept of a gig economy is no new cryptocurrency and has been around for a long time now. Many individuals especially in the current generation are moving from job to job to offer their services as freelancers to various companies, startups, and organizations. With the advent of a digital revolution, the pursuit of employment in freelance gigs has become far easier and accessible. Now both freelancers and employers can go online to find a suitable job or candidate according to their preferences. One such rising trend is that of a ‘digital wanderer’ where an individual makes a living out of doing various short term online jobs while they travel. This lifestyle provides enriching experiences for the traveler who earns back the cost of the trip from working multiple gigs here and there. The demographic for such endeavors are typically young adults craving new experiences and equipped with an array of skills. Boons and Banes of Payment in Crypto The one difficulty that comes hand in hand with such a lifestyle is the delay in payments from employers and clients who prolong and bargain with freelancer stipends. According to most endorsers of cryptocurrency, this problem can be easily tackled by using Blockchain for salaries. Many startups have already planned on taking advantage of Blockchain for securing deals with clients via smart contracts and even ICOs for raising capital. Freelancers could make receiving their wages less stressful by using cryptocurrency as a means of payment. They would be less troubled by the hassle of currency conversions when receiving money from clients in different countries around the world. The emergence of an app called Latium, explicitly for such freelance users, can aid users in finding employment, creating contracts, and receiving payment through the app itself. It plans to be activated within this year, and offers travellers a wide range of jobs from content writing to dog walking. Recent developments show that big companies like Netflix and Airbnb have started paying their employees partially in cryptocurrency like that of Bitwage. One of the few complications that come up when using cryptocurrency as means of payment is the issue of financial records. The crypto market can be volatile and payments in Bitcoin are difficult to tax and record. Taxation on cryptocurrency salaries are made in the same way as fiat or normal currency, that means they are based on the worth of the currency at the point in time of making the payment. However, due to its unstable nature, a cryptocurrency can be worth a drastic difference from what it was valued at many months ago. Well Suited to Freelancers No matter the volatility of using crypto as a payment, this is a situation that most freelancers are attuning to. Most gig workers can relate to the contrast in payments either being very high at one point or dropping low at another. This means that the value change a cryptocurrency may go through is not a cause for concern keeping in mind many freelance jobs are unstable in workload or stipend themselves. Furthermore, an app connecting various clients across the globe can also benefit travelers looking for such access and cash on the go. Using blockchain instead of traditional banking systems is within the domain of young freelancers who is catching on to the crypto world. Managing finances in the freelance industry would be more convenient, secured, and accessible with a mode of payment well suited to such a lifestyle.
  5. In an interesting update from the Edward Snowden papers, reveals that the US government has expressed considerable interest in Bitcoin ever since its use became popular. The Intercept, an online magazine, has posted the leaked undisclosed documents from Snowden that actually provide evidence that the United States National Security Agency or NSA has been keeping track of Bitcoin users from around the world as described in a 2013 report for the agency. There could be a coincidence of the report leaking not too far away from the recent ban on American use of Venezuelan national cryptocurrency Petro coin by President Trump. The report is cryptic with code names and classification of data that will help the NSA “track down the senders and receivers of bitcoins,” as the report stated. The Bitcoin monitoring mission by the NSA is called “project Oakstar”, and the purpose of its initiation was to tackle terrorism facilitated by Bitcoin or crypto transactions. The report indicated that the NSA was not randomly tracking users but were monitoring persons or groups involved in suspicious activities and whom utilised the privacy and anonymity of Bitcoin for making illegal transactions like laundering money. An expert from the NSA report states, “[NSA agent] is hoping to use the access for their mission of looking at organized crime and cyber targets that utilize online e-currency services to move and launder money. These illicit finance networks provide user access to international monetary systems while providing a high degree of anonymity.” Utilising the professional surveillance tools accessible to the NSA for security purposes, data was able to be collected, decrypted, and interpreted to gain the identity of protected Bitcoin users. There were reportedly two other platforms monitored, the first being the Liberty Reserve, that had dealt with money laundering involving cryptocurrencies leading to its close, and one other. Bitcoin is not the most privacy controlled and anonymous cryptocurrency of all coins in the market, yet it was considered top priority for the NSA according to the report. Unapproved Access Even though Bitcoin incorporates Blockchain which makes all ledgers public access, the NSA infiltrated further into users private information to get more in depth research on potential terrorists. NSA hacked into users computers to gain sensitive information like passwords, sessions of the user, billing information, IP address, and media access control address. They dug deep into what targets they acquired and tried to highlight any connection the select Bitcoin users had with illicit activities. It seems that no matter how hard the government tries to uncover and penalise Bitcoin and Blockchain users, the crypto community will always find a way to retaliate and strengthen their stance on supporting a decentralized system.
  6. The Tel Aviv Stock Exchange or TASE, has announced that crypto based companies are banned from the market indices. The regulation has been instituted by the Israel Securities Authority (ISA) after the authority had announced their plan for regulating cryptocurrencies in the TASE market earlier this year. ICO regulations and guided working manual is to be published soon this year and according to the ISA, the change of TASE regulations has no association with this new crypto update. The committee has instead issued a cautionary statement about investing and trading in cryptocurrency. ISA claims, “Such investment incurs many exceptional risks, including an absence of liquidity and ability to convert the currencies to money, exceptional price volatility, illegal activity, and risk of fraud”. The warning from ISA further states that investor must be prepared to face the high probability of risk from investing money, directly or indirectly, in cryptocurrency or crypto company. They elaborate on the risks of losing money and assets when it comes to the crypto market and trading in cryptocurrency as well. Many banks like the Bank of Israel, do not categorise cryptocurrency like Bitcoin as a valid type of currency but rather as an asset. Anat Guetta, the chair of ISA, has held the post from January this year and has already taken her stance on cryptocurrency. She states that barring crypto companies from TASE will safeguard the market against passive investors that are prone to such risks. She further warns of the volatile environment surrounding crypto investment and high risk of losing money in this market. As per the new regulation, the ISA will review the regulations in TASE and block out any company related to cryptocurrency. This means that any business, exchange, platform, or company that allows investing, trading, and mining of crypto coins like Bitcoin, Ether, and other Altcoins will be restricted from investing in TASE. This regulation is temporary for the length of this year, until it is reviewed again and reinstated or not based on the market projections and developments. Chairman of the Israel Bitcoin Association, Meni Rosenfeld, responded to the new regulations on cryptocurrency, by stating, “There are indeed several risks in investing in digital currencies, and people should take them into account in order to make wise decisions. Investing in this sector is not suitable for everyone; it is only for those who understand both the potential and the risks”.
  7. The trade volume is specklessly diminishing among the Bitcoin and other cryptocurrency trading platforms, for instance the percentage is evidently more than 90%. The relapse is after the regulatory frameworks which were pressurized on the cryptocurrency exchanges in India. The RBI, Central bank of India has come up with staggering strategy that is limiting the trading within the locality. However, this is not supposed to in case the country wants to expand the business. The current dealing in Bitcoin exchange platform of India, has bounded between 300 to 400 BTC daily to the sudden drop of 30-40 BTC per day. The fact which fears out the citizens to invest in cryptocurrency is the capital gains which the Income Tax department authority has taken into public action. Sometime ago, customers also had to restrict themselves from using credit, debit and prepaid card transactions whichever included bitcoin and altcoins. These steps were followed right after the severe action taken against the Bitcoin transactions with credit cards. However, regarding the transactions, government had requested the companies dealing with cryptocurrencies to integrate know-your-customer (KYC) and anti-money laundering protocols to safer the transactions. Dr. Amit Lakhanpal, Founder of Money Trade Coin Group had supported all the regulations and protocols from its nascent stage till date. Also, he has made an appeal to the government and the country’s Supreme Court to legalize the digital coins in for daily use. Meeting all the demands, the coin has legal rights to trade with cryptocurrency. Meanwhile, the confused crypto-holders will get a way to habituate cryptocurrencies in their daily lives.
  8. The Money Trade Coin Group has initiated a training course program for cryptocurrency trading. Money Trade Coin will provide physical courses in countries such as UAE, Thailand, and Switzerland from May 15th Onwards. The courses will be of three days span long in each country and will teach cryptocurrency users more than just crypto trading but also divulge into concepts such as futures and derivatives in the FOREX market. Join the Trading Course No matter whether you are an amateur, an accomplished crypto trader, or someone willing to learn new skills in cryptocurrency, this physical course will benefit you greatly as it is created to expand knowledge on the subject. Using this training course crypto holders will be able to invest wisely in a very competitive platform in order to make profits and minimize any risks. What You Will Learn With the Crypto Training Course · How cryptocurrencies work and how to trade them · Profits and loss with cryptocurrencies · Tactics for effective cryptocurrency trading · An extensive tour of the market · What are Bitcoin and altcoins · Which coins you should buy and sell · How to store your coins · All about trading on the platform · Crypto exchanges and which ones you should use · Trading concepts and tools · Maximizing profit and risk management · What are the exact entry points, targets, and stop loss points · What support and resistance are in trading · How much research to do before starting your trading How do we stand out? With Money trade Coin Group you have ensured the best crypto training through our program and it is designed to cover all important aspects of cryptocurrency investment and trading on the platform. Our trainers and experienced traders have been involved in crypto trading for many years and hold impressive qualifications. Your progress throughout the course will be monitored and feedback will tell you where your strengths and weaknesses lie. You will not only know how to trade but also understand the concepts behind crypto trading, the entire market and exchange systems. You will be able to trust your own decisions and strategies instead of relying on news pages or forums for your information which may be outdated or incorrect. Learning the ropes can help in setting fixed targets for your trade, buying and selling, stop loss and more. Additionally, our course features futures and derivatives on the Foreign Exchange platform apart from MT4 software. By learning about the types of contracts you can buy and sell into, arbitrage, and hedging, you can minimize any risks you may come across trading in foreign currencies.
  9. The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market. The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology. The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs. It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.
  10. A new startup has been set up with an ecological premise by the Czech new age crypto exchange, NakamotoX. There are not very many uses for excess heat produced from digital machinery or cryptocurrency mining devices. However, this startup has managed to combine Blockchain technology with farming and has produced an edible batch of tomatoes by diverting the heat of mining machines to a customized greenhouse. Cofounder, Kamil Brejcha, and staff have built a separate space for their Bitcoin mining servers and utilized their excess heat production for growing tomatoes. The project is likely to be followed by a new type of farming technology called ‘Agritechture’, and the results so far have been entirely fruitful with the success of the first batch of what they call ‘cryptomatoes’. Brejcha explains in a tweet, “We have developed something called ‘Cointainer’ which is being placed in the basement and the heat is blown into the greenhouses. More details will be revealed soon”. One downside to the crypto mining industry is the effect of the machinery’s heat generation on the environment. Most companies do not utilize this heat energy for any productive use which raises the concern for sustainable development among environmentalists and crypto user alike. The initiative that Brejcha and company have taken can create an energy cycle loop where heat from mining helps grow crops and biowaste from the harvest help power machinery. The project solves numerous growing concerns and provides an ecological and self-sustaining solution. Brejcha commented on the cryptomatoes saying, “You will be able to buy (cryptomatoes) in common shops soon but I cannot reveal more details about the brand now”. The large-scale impact of Agritechture could help build on sustenance farming and energy conservation, two globally alarming problems putting pressure on the environment today. With the significant application in future crop cultivation, cryptomatoes could start a worldwide transformation in farming as we know it.
  11. Inventor and technology expert, Elon Musk, is one of the world's most innovative personalities. He has contributed all sorts of infrastructure and inventions to SpaceX, Tesla, SolarCity, Hyperloop, OpenAi, Neuralink and his current initiative, The Boring Company. Elon is a visionary who aims to create the technology of the future and designs that he believes will help the human race. Some of his projects have helped to curb car emissions with Tesla electric cars, as well as aid in research for space exploration through the SpaceX company. He is very influential and always trending, which is why he stirred up commotion when spotted carrying a book on cryptocurrencies. The book is by Julian Hosp and called "Cryptocurrencies Simply Explained". It is an easy guide to the world of cryptocurrencies, the blockchain, ICO, and more. The author himself is a cryptocurrency expert having worked in the field for years at TenX. His primary goal is to help teach at least a billion people worldwide about blockchain and cryptocurrencies by the year 2025. Rumors among the crypto community speculate that Elon Musk is simply passing on the book to someone, while other claims he may be doing research into blockchain in order to incorporate it into his companies in the form of digital tokens or smart contacts. Whether their speculations are right or not, Elon is certainly no stranger to online payment platforms, with his digital financial company being bought by PayPal way back in 2000. He was even appointed the CEO of PayPal for a short period before leaving due to clashes of interest with the other leaders. He was one of the biggest shareholders of PayPal stock and in 2002 when the company was sold to eBay, he made a huge return with 165 million dollars. To think Elon was reaching into Crypto territory is not far-fetched at all. He has enough experience with online payment systems and technology, so blockchain is not too far ahead of him. If he incorporates Blockchain or digital tokens into his companies or starts a cryptocurrency company of his own, those that know his history will not be surprised. Over the years, it has become public that Elon holds 0.25 of Bitcoin that was given to him as a gift many years ago. The value of this amount is roughly two thousand dollars, which is a small amount for a personality like Elon Musk. Despite his presumed lack of interest in cryptocurrency at present, the chances are high that this tech giant will embrace blockchain in the near future. The crypto community waits in anticipation for his next project that would surely make a dent in the industry.
  12. Money Trade Coin Group, led by its founder Dr. Amit Lakhanpal was recently associated with Lokmat Corporate Excellence Awards 2018 as a title sponsor that recognizes stalwart companies and entrepreneurs of Maharashtra that have contributed towards developing superior corporate governance standards led by a robust and sustainable growth model, fostering a positive impact on the society. The event held at Four Seasons Hotel in Mumbai included crème-de- la-crème of the society from Lokmat’s senior management, cabinet ministers, VIPs, Joint Police Commissioners, senior bankers, businessmen and actors from the Bollywood industry. Ministers such as Shri Diwakar Raote- Cabinet Minister of transport in Maharashtra, Shri Arvind Sawant- Member of Parliament and VIPs namely Mr. Bhushan Gagrani CEO at CIDCO, Shri Sanjay Bhatia - Chairman Mumbai Port Trust and Shri Pallavi Darade- Indian Revenue Service officers graced the event with their presence. Lokmat Corporate Excellence Awards 2018 had also witnessed the presence Joint Police Commissioners Mr. Devendra Bharati, Mr. Sanjay Saxena, Mr. Ashutosh Dumbre, Mr. Amitesh Kumar. Discussion Panel included various renowned names such as Mr. Kewal Handa Chairman of Union Bank of India, Mr. Shailesh Haribhakti Chairman at Haribhakti Group, Mr. Anant Singhania- CEO of JK Enterprises, Mr. MD Agrawal- President of Bombay Management Association, Mr. Niteen Bhagwat Vice Chairman at FCB Interface. Bollywood celebrities such as Sonu Sood & Shashank Ketkar had also glorified the event. The underlying theme of the discussion was achieving business sustainability through better maintenance of ethical corporate governance standards. Business stalwarts from Maharashtra were recognized for their corporate excellence as a small gesture of appreciation to honor people and businesses felicitating their reputation and exemplary contribution to the society. The event also highlighted the ability of such individuals to steer their objective during turbulent times while epitomizing their knowledge and strength to drive growth in the society. It is notable that Dr. Amit M. Lakhanpal, Director Money Trade Coin Group was felicitated with Business Excellence Awards in 2015 for his outstanding achievements in the Real Estate industry. Money Trade Coin, a new-age cryptocurrency founded under the vision of Dr. Lakhanpal is a pioneer in crypto space, while the group is a global leader that offers multi-cryptocurrency exchange platforms with innovative crypto-solutions that exploit the application of Blockchain Technology into real-world transactions. Money Trade Coin occupies a reputed position in the cryptocurrency space and has attracted the eyes of several people globally. The independent approach of the group has led to a significant development towards its vision of a decentralized economy with non-existent financial borders while creating a powerful society that leads to an autonomous structure and development of a transparent ecosystem.
  13. The recognition of Maharashtra’s most talented was commemorated at the ET Edge Maharashtra Achievers Awards 2018. All prominent players in the business, media, technology, sports, and more were acknowledged and celebrated for their excellence at the event presented by the Money Trade Coin Group and powered by Ajeenkya DY Patil University. The event was also supported by Femina and was truly honored with the presence of Chief Minister of Maharashtra, Shri Devendra Fadnavis, the first lady of Maharashtra, Amruta Fadnavis along with revered members of the state cabinet like Minister of Finance & Planning, Sudhir Mungantiwar, and Minister of Water Resources, Girish Mahajan. The event also featured important guest speakers like Mr. Deepak Lamba, CEO of Worldwide Media, Tanya Chaitanya, Chief Community Officer and Editor of Femina, Dr. Amit M. Lakhanpal, Founder and Chairman of Money Trade Coin Group, and Dr. Ajeenkya DY Patil, President of Ajeenkya DY Patil University. The four reputable guests expressed their praise of the achievers present that night and established that these frontrunners would soon become the leaders of their fields. Besides these chief speakers, other noteworthy personalities from various industries graced the event and made an impact like social activist Mrs. Amruta Fadnavis, businessman Mr. Adar Poonawala, Director General of Police Satish Mathur, actors Shreyas Talpade, Sai Tamankar, Sonali Kulkarni, and Sachin Pilgaonkar as well as long-distance runner Lalita Babbar. The night ended in celebration with star host of the night, Siddharth Kannan, making the event all the more memorable.
  14. The acknowledgment of important contributors and achievers from various industries is not regarded as a frequent occurrence. However, when a ceremony is held to honor accomplishments of the few who excel in their field, this is an occasion to behold. On February 26th, 2018, the first-ever ET Edge Maharashtra Achievers’ Awards was held at St. Regis Hotel in Mumbai. The event was sponsored by the Money Trade Coin Group, Ajeenkya D.Y Patil University, and supported by Femina, from the Worldwide Media group. Numerous performers from the field of Business, Sports, Media, Technology, and more were awarded on the day and in the presence of Chief Minister of Maharashtra Shri Devendra Fadnavis and other VIPs like Minister of Finance & Planning Shri Sudhir Mungantiwar and Minister of Water Resources Shri Girish Mahajan. The founding director of Money Trade Coin, Dr. Amit Lakhanpal, had much to deliver at the event and commemorate the efforts of all revered guests. In his speech he remarks, "It gives me immense pleasure to be associated with 'Maharashtra Super Achievers Awards' where talents from various fields are appreciated and felicitated for their exceptional accomplishments. India is recognized as a heterogeneous land and to provide a stage where people from all walks of life can come together and share their experiences is in itself commendable. We all know, 'Progress is achieved only through sheer dedication'. And to achieve the dream of a Developed country, 'it is imperative to work in Unison and to identify and compliment talents.' I hope this initiative inspires many others to dream and achieve bigger." Other respected spokespersons at the event like Mr. Deepak Lamba, CEO of Worldwide Media, Ms. Tanya Chaitanya, Chief Community Officer of Femina, and Dr. Ajeenkya DY Patil, President of Ajeenkya DY Patil University, all delivered their congratulatory speeches on the accolades of the chosen winners. ET Edge, Money Trade Coin Group, and Femina have inspired many to honor future talented leaders of Indian industries and support their growth.
  15. Cryptocurrency has fully conceptualized in the finance sector and will be mainstream in the economy soon. There are still people left out and confused about the jargons related to cryptocurrency and have no idea about the working of these digital tokens. Here are some of the terms which you should know before using cryptocurrencies. 1. HODL HODL was formerly originated from a forum post where the user misspelled ‘HOLD’ as ‘HODL’ in one of his post. Since then the term has gone viral, which is popularly abbreviated for ‘Hold On For Dear Life’. It attributed to the sentiment among the crypto-geeks to be fearless because of the volatility and hold on to their coins. 2. Altcoins Coins other than Bitcoins are referred to as Altcoins. Altcoins are the subdivided version of the cryptocurrency with less potential value or use. These coins are typically promoted or referred to by people who are holding them. 3. FUD It stands for ‘Fear, Uncertainty, and Doubts’. FUD is a disinformation strategy to spread negativity and propaganda used by someone who wants to create a ruckus among the crypto holders. They usually pass on the false message concerning the price drop of certain coins. 4. Pump and Dump People frenzy about bitcoin had gained a lot of attention, many investors showed interest which leads to the fast price increase. They later pile up the coins and diminish the supply, this ends up the course followed by the huge crash. Traders buying coins in high volume are the one who pumps, they may wish to sell out the coins. Whereas, the dumpsters are the one who purchases these coins and sell at higher price. 5. Bullish and Bearish Bullish: Estimation of the coins to get high. For instance, optimistic analysts are predicting the price of Bitcoin to raise about $300,000-$400,000 Bearish: Estimation of the coins to get low. Other altcoins are generally bearish as people do not see value in them or see a lesser value. 6. Bagholder Altcoin holders even after facing a crash may refer to as bagholder, seeing the value of the coins sinking and having no scope in the future to get a rise. The term is also referred to the traders who purchased coins at a high value but ending up by selling at a wrong time (when the coin is worthless). 7. Shilling/Pumping The act of endorsing coins in public, these are the traders who purchased coins at the rate of ‘pennies’ which is also termed as shilling the coin, anticipating the public’s interest to increase so that the price can take a surge or pump up in the future.