Press Release
Bit.Store, the promising future of BTC transaction
Bitcoin, as an emerging investment product, has been favored by many investors, and it also has a large group of potential investors. For many users who have not been exposed to Bitcoin, the ideal way to obtain Bitcoin is to purchase it directly with fiat currency. But at present, there are not many platforms that can support users to trade Bitcoin with fiat currencies in an easy way. Recently, an application called Bit.Store in some certain cryptocurrency communities have been widely discussed among Bitcoin investors. Why did Bit.Store get so much attention from potential Bitcoin investors? How did they make it?
Bit.Store is an eye-catching investment platform that is specialized in the trading of Bitcoin. It allows users to buy BTCs with fiat currency, and also supports users to sell their BTCs at the market price. Whether you are a veteran BTC investor, or a potential novice investor who have never been exposed to Bitcoin, you can use the platform of Bit.Store to buy BTCs simply and conveniently like traditional online shopping. After their experience with Bit.Store, many Bitcoin players rave about it.
After in-depth research on Bit.Store, we believe that it has the potential to become a unicorn in Bitcoin transactions. In essence, many users tend to buy and sell BTCs only for profit. Whether they are long-term holders or swing traders, they want to buy or sell BTCs in a convenient way. In terms of user group, all Bitcoin holders or potential investors can be a part of the user community of Bit.Store. As the Bitcoin investor circle continues to spread outward, the size of this community is expecting to expand further.
Studies have pointed out that the current daily spot trading volume of Bitcoin is only $4.3 billion. Analysts predict that Bitcoin is expected to surpass the transaction volume of the US stock market (US$446 billion per day) by 2025. Thus, it implies that the potential market size of Bit.Store will reach that volume in a few years. Bit.Store allows users to buy or sell bitcoins freely, and users do not need to pay any fees for their buying orders. They only need to pay a 2% surcharge when selling BTCs. Then, without considering the market increase, based on the daily trading volume of $4.3 billion, assuming 0.5% of the global market share, it is expected to reach a daily profit of 21.5 million US dollars, and the annual revenue from 2023 to 2025 is expected to reach 179 million US dollars in revenue, so for Bit.Store has a broader prospect for profitability, so after getting substantial income, Bit.Store will further enhance the user experience and expand the ecology.
Although Bitcoin’s investment prospects are very broad, many investors have been on the sidelines due to its legality issues, so compliance is also one of the potential thresholds for Bitcoin. At present, cryptocurrency trading platforms have been in a state of ambiguity regarding compliance issues, resulting in difficulties for investors to obtain high-quality compliance services. Therefore, compliance is also one of the main advantages of Bit.Store. Bit.Store itself does not provide external Bitcoin withdrawal services, but only allows fiat currency deposits and withdrawals. This mechanism is to prevent money laundering from the root. Bitcoin assets are managed by a third party, with regular audit, which can better achieve regulatory compliance and long-term operation. While Bit.Store is in compliance with its well-established model, it obtained a legal compliance permission.
At present, Bit.Store-related strategic partners have obtained MSO licenses in Hong Kong, OPS in the Philippines, and EU EMI payment agency licenses, and are applying for the first batch of PSA licenses in Singapore. So Bit.Store is currently able to provide service to users in compliance with regulations in these licensed regions. At present, Southeast Asia and Europe are the main regions covered by Bit.Store’s service. With the further improvement of its compliance map, Bit.Store is expected to expand its service ecosystem to the world.
Therefore, regardless of its product model, profit expectations or compliance layout, Bit.Store is becoming a unicorn product in the Bitcoin trading sector. Perhaps in the future, Bit.Store will also become the most powerful tool for crypto trading.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
–News Direct–
Global Head of ETF for Grayscale David LaValle joined Steve Darling from Proactive to discuss the performance and achievements of the Grayscale Future of Finance ETF (GFOF) in recent months. LaValle provided insights into GFOF's performance, which has seen approximately an 8% increase over the past month, surpassing benchmarks such as the S&P 500 and NASDAQ 100. He attributed this success to the strategic positioning of GFOF, likening it to investing in internet infrastructure in 1998.
LaValle emphasized that GFOF focuses on digital assets' infrastructure, despite uncertainties surrounding specific winners in the space. Holdings in companies like Coinbase and other mining companies have contributed significantly to GFOF's performance. He underscored the importance of recent developments in the digital asset space, such as the introduction of Bitcoin ETFs in the U.S. and the uplisting of Grayscale Bitcoin Trust, which have expanded discussions with financial professionals and wealth managers about integrating digital assets into portfolios.
Addressing the evolving perception of Bitcoin, LaValle noted its recognition as a volatile yet increasingly accepted asset class. He discussed Bitcoin's potential roles in investment portfolios, ranging from being viewed as a disruptive technology to serving as a digital store of value, akin to digital gold or exposure to high-growth tech.
Overall, LaValle expressed optimism about the future of GFOF and digital assets in general, highlighting their potential to play a significant role in diversified investment portfolios. As Grayscale continues to navigate the dynamic landscape of digital assets, investors can anticipate further innovations and opportunities for growth in the future. Stay tuned for more updates as Grayscale continues to lead the way in the digital asset investment space.
Contact Details
Proactive United States
+1 347-449-0879
View source version on newsdirect.com: https://newsdirect.com/news/david-lavalle-discusses-grayscales-future-of-finance-etf-and-bitcoins-evolving-role-407008807
HANetf
COMTEX_451079844/2655/2024-04-19T08:03:10
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
–News Direct–
U.S. Gold Chairman Co-Founder Luke Norman joined Steve Darling from Proactive to announce the company's entry into a securities purchase agreement with certain investors, resulting in total gross proceeds of approximately $4.9 million dollars from pre-existing shareholders. This infusion of capital enhances U.S. Gold's financial position as it approaches a significant milestonethe anticipated receipt of a mining permit by the end of the second quarter of this year.
Norman emphasized that this additional capital will support further exploration and development of their projects. He highlighted the company's anticipation of pivotal changes in the upcoming months, particularly with the expected mining permit, which could substantially enhance the companys value proposition. Given the strong performance of the copper and gold markets, the timing aligns well with U.S. Gold Corps strategic objectives.
Norman outlined the firm's plans to initiate drilling operations and explore additional opportunities around their CK project, leveraging the recent capital infusion. He also underscored the favorable regulatory environment in Wyoming, where U.S. Gold Corp is poised to become the first hardrock mine in nearly a century. Norman noted the states enthusiastic support for mining, which is significant amid the broader industrys shift due to ESG (Environmental, Social, and Governance) concerns.
Overall, U.S. Gold Corp remains well-positioned to capitalize on these opportunities, bolstered by strong community and federal backing. As the company advances towards its goals, investors can expect continued progress and value creation in the coming months. Stay tuned for further updates as U.S. Gold Corp continues to execute its strategic vision and drive growth in the mining sector.
Contact Details
Proactive Canada
+1 604-688-8158
View source version on newsdirect.com: https://newsdirect.com/news/u-s-gold-corp-chairman-discusses-new-funding-and-upcoming-mining-permit-966152881
US Gold Corp
COMTEX_451079847/2655/2024-04-19T08:03:12
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Diamond Lake Minerals and BOXABL Revolutionize Real Estate with Modular Housing Collaboration
–News Direct–
Diamond Lake Minerals CEO Brian J. Esposito joined Steve Darling from Proactive to unveil the company's long-term real estate vision and its collaboration with modular home building company BOXABL, Inc.
Esposito shed light on BOXABL's impressive journey since its inception in 2017 by the father-son duo Paolo and Galiano Tiramani. BOXABL embarked on research and development, testing, and exploration of alternative building materials and methods conducive to automotive-style mass production of houses.
In 2021, BOXABL secured a federal contract exceeding $9 million to construct and deliver 156 Casitas for a military base, alongside the inauguration of its 170,000-square-foot manufacturing facility in Las Vegas, NV. These facilities marked a significant milestone, enabling BOXABL to commence low-volume production and validate the concept, paving the way for the world's most advanced assembly line mass production of housing.
Esposito informed Proactive that DLMI's announcement and partnership with BOXABL mark a pivotal moment in expanding the use case of BOXABL technology. Together, they aim to identify, design, and develop aesthetically pleasing communities known as Boxabl Villages.
The objective is to streamline the construction process and shorten timelines from groundbreaking to residents taking possession of their new homes. Leveraging DLMI's leadership and forward-thinking approach to finance through security tokens, alongside traditional means, opens up additional unique opportunities for these villages to flourish and expand.
As DLMI and Boxabl embark on this collaborative journey, investors can anticipate innovative solutions and transformative advancements in the real estate sector. Stay tuned for further updates as DLMI and BOXABL continue to redefine the future of housing and community development.
Contact Details
Proactive Canada
+1 604-688-8158
View source version on newsdirect.com: https://newsdirect.com/news/diamond-lake-minerals-and-boxabl-revolutionize-real-estate-with-modular-housing-collaboration-612333402
Diamond Lake Minerals Inc
COMTEX_451079842/2655/2024-04-19T08:03:06
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
David LaValle Discusses Grayscales Future of Finance ETF and Bitcoins Evolving Role
U.S. Gold Corp Chairman Discusses New Funding and Upcoming Mining Permit
Diamond Lake Minerals and BOXABL Revolutionize Real Estate with Modular Housing Collaboration
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