Hotels in Maldives and Thailand began to accept payments in Bitcoin and Ethereum, review by our experts Crypto-Upvotes

Resorts in Soneva hotel chain can now be paid for in Bitcoin or Ethereum, review by our experts Crypto-Upvotes

Resort chain Soneva hotels in Thailand and the Maldives are now accepting payments in Bitcoin and Ethereum. Cryptocurrency payment provider TripleA and payment platform Pomelo Pay are helping to make payments.

The cryptocurrency payment option will be available at Soneva Fushi hotels. As well as Soneva Jani and Soneva in Aqua in Maldives. And in Soneva Kiri in Thailand. Also for Bitcoin and Ethereum it is now possible to buy real estate in the Maldives at Soneva Villa Ownership.

The resort network can directly book rooms. And pay with cryptocurrency through a secure link. In addition, you can use a QR code to pay in cryptocurrency. Soneva adds that while any payments made using Bitcoin or Ethereum are 100 per cent non-refundable, credits can apply in line with its flexible cancellation policy.

“At Soneva, we have always endeavoured to be a pioneer in the hospitality industry, hence accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world,” said Bruce Bromley, chief financial officer, and deputy CEO of Soneva.

 

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Bitcoin has hit bottom ? When Bitcoin price will return to maximum – experts Crypto-Upvotes

Our experts listed factors affecting current cryptocurrency prices. And discussed possible bearish trend change to bullish and possible Bitcoin growth.

Bitcoin price has fallen 70% from its all-time high of $69,000 in November 2021. In 2022, the value of the first cryptocurrency reached a maximum of $47,500 at end of March and has since fallen to current prices around $20,000. Crypto-Upvotes experts listed reasons for price declines in cryptocurrency market and told when a bull market may start.

Bears are winning now.

Now few people are willing to take risks. And the reason for this is the rising cost of funding after a Federal Reserve rate hike. This also says the financial director and head of trading operations ICB Fund Chen Limin. In his opinion, the situation could be exacerbated by a possible decline in the U.S. economy and turbulence in raw materials markets.

Our experts also believe that most likely current bear market will drag on. Growth of cryptocurrency capitalization may start not earlier than 2024, and before that the market will need to go through “self-cleaning from the most unstable crypto projects. Some institutional investors and lenders have already seen problems with these projects because of falling quotes.

According to our experts, the price of bitcoin now tends towards $10,000. But lower values of the price are also possible. Price of $20,000 proved to be difficult to break through for a complete departure below this price now needed a pause. But everything goes to a soon victory of sellers over buyers.

According to our expert, the reason, which initially contributed to the growth of the market – purchases from institutional investors. Now it has become a main driver of price falls. When Federal Reserve decided to raise rates, funds and lenders left the risky cryptocurrency market to free up funds to support more important positions.

The next rise will require a return of capital back into cryptocurrency markets. And that will only happen after the Fed decides to stimulate market activity again. And that is a long way off, because the Fed will want to make sure that inflation is completely beaten and only after that will it start to ease monetary policy again.

Has Bictoin reached bottom? Will bear market end soon and start bull market?

Now there is a major outflow of bitcoin from exchanges. And this indicates that investors see it as a certain area of interest. And the very withdrawal of assets means moving them to long-term storage. Our experts believe that this is one of the signals that this cycle of decline is coming to an end.

Investors do not trust CEX exchanges because of blockages and restrictions on their exchange accounts. CEX exchanges support different sanctions, they have security problems and many other reasons forcing investors to withdraw assets from exchanges to a more secure place, such as cold wallets. This is already a very good signal for the crypto market, our experts believe.

Crypto-Upvotes experts did an analysis and saw that the balances on exchanges have been systematically decreasing since 2020 and are now at 2018 levels. But the number of non-zero balances is increasing all the time. This fact signals that more and more people are “accepting and trusting” Bitcoin, total number of users and wallets is increasing.

Many Whales have been active since mid-June, when the bitcoin price went down to a $20,000 zone , and smaller investors have been active since the $30,000 mark.

Our experts think it is quite likely that we have already reached bottom or are very close to it. And a loosening of Fed policy could positively motivate markets.
Exactly then the recovery period will begin, the Fed rate will be 3.23%-3.5% by the end of the year. And improvement of situation on crypto market and start of a new growth phase is predicted already in 4Q of this year.

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Crypto winter – what cryptocurrency to buy when all cryptocurrencies fell, expert opinion Crypto Upvotes

Our Crypto Upvotes experts remind us of meme tokens and explain why they can show growth in medium term.

During Crypto Winter, there are many negative forecasts in market at the moment, high “fear” index of investors and tense situation on cryptomarket, we suggest to focus on tokens with high social resource and low fundamental component in mid-term planning. Assets that fit this category perfectly are “meme” tokens.

crypto portfolio

Disclaimers: Our company “Crypto-Upvotes” does not give investment advice, this material is published for introductory purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.

What cryptocurrency to buy now during Crypto Winter, our experts offer an asset allocation scheme if you have a few extra dollars that you can risk:

  • Dogecoin (DOGE) — 30%;
  • Shiba Inu (SHIB) — 25%;
  • Floki Inu (FLOKI) — 15%;
  • Dogelon Mars (ELON) — 15%;
  • Baby Doge Coin (BABYDOGE) — 10%;
  • Saitama V2 (SAITAMA) — 5%.

Success of most “meme” projects is that they parasitize on Elon Musk brand. Tweets of this billionaire have repeatedly provoked the growth of traders’ interest in certain cryptocurrencies. And most often these were “meme” tokens. For example, Musk has repeatedly explicitly stated his support for Dogecoin. And his Shiba Inu puppy is named Floki, which developers of these projects successfully speculate on.

Among the negative aspects of such an investment portfolio are only its unpredictability. Because growth of token “memes” occurs suddenly and without reason. Such crypto assets are hardly suitable for long-term investments. But they can be interesting in periods of crypto winter.

We should also not forget about the DOGE-funded launch of a satellite to the moon, the exact date of which can be announced at any time, which is likely to cause a strong price increase.

Another project in our portfolio is Saitama. It is not directly related to Musk brand, but the number of mentions of this token in news has increased lately, which could have a positive effect.

Warnings about risks when investing in meme projects.

It is almost impossible to make accurate predictions about price of “meme” tokens. Their cost depends directly on the hype created by a certain group of investors. Therefore, it is difficult to predict their growth or decline with a high degree of probability. This forecast is based mainly on personal experiences of our experts and empirical data from past investment periods.

“Meme” tokens grow rapidly because retail investors buy them en masse, which raises their price through trivial technical market mechanisms. But as soon as these investors sell their tokens and move on to other assets, the price drops noticeably. In fact, “memes” are often accompanied by “Pump and Dump” schemes and less often the increase in activity yields long-term results. This should be taken into account when organizing a portfolio. You need to constantly monitor the actuality of its price, so as not to miss a good moment to exit.

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Cristiano Ronaldo will release his NFT on Binance platform – Crypto-Upvotes

Cristiano Ronaldo will launch the first NFT collection in partnership with Binance by end of 2022

Football superstar Cristiano Ronaldo will release several NFT collections. Sportsman entered into a multiyear partnership with Binance exchange, according to a Binance blog. So a goal of this partnership would be to create digital collectibles and attract soccer fans to Web3 ecosystem. “Nothing is more important to me than the fans, so the idea of bringing unprecedented experiences and access through this platform is something that I wanted to be a part of” – says Ronaldo. “We are thrilled to provide his fans with exclusive engagement opportunities to connect with Ronaldo” – said Binance CEO “CZ”.

So the first collection, set to launch at the end of this year. Will feature NFTs with an original design developed by Binance in collaboration with Ronaldo. According to an exchange blog, through a series of NFT collections, Ronaldo will provide a unique experience for soccer fans from many countries. Binance does not disclose details about this partnership, we do not know pricing or other options for this NFT collection at this time. Cristiano Ronaldo already has experience with crypto projects. In 2019, he played for Italian Juventus Football Club, which launched token JUV, which gave fans the right to vote in a number of decisions.

Our company Crypto-Upvotes offers complex promotion for NFT projects.

Complex promotion is necessary for an NFT project to increase brand awareness and attract new holders. Our team offers many different services to promote NFT projects. We can offer PR, Influencers, Trends Everywhere, Billboards and more. We can create a individual marketing plan for you for any advertising budget.

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Chinese messenger WeChat will block accounts and chats that write about cryptocurrencies – Crypto-Upvotes

One of most popular platforms WeChat in China with more than 1.2 billion users imposes restrictions on content containing information about cryptocurrencies

WeChat, the largest messenger in China, has updated rules of use, forbidding placement of information about services or offers related to cryptocurrency or NFT.

Crypto-Upvotes team experts found out that information about issuing, trading and transactions with cryptocurrencies got under the ban. Also WeChat bans recommendations, links and guides on cryptocurrencies and NFTs. New rules also apply to accounts that provide advertising services for crypto projects in China.

If such information is detected, the platform will notify the user that the rules have been violated. WeChat gives a certain period of time for correction and restricts the functions of the account. If the user does not correct the information posted, the account will be blocked.

Advertising in China is still possible and our crypto marketing agency “Crypto-Upvotes” is working on this issue. Already now we can offer advertising of your project in popular Chinese Media and Weibo influencers. In the near future we will be able to offer billboard advertising in China.

But despite WeChat and other prohibitions in China, cryptocurrencies in China are very popular. Chinese investors take leading role in the world. We do articles in popular Chinese media. To order you need to provide us with text and a picture for your article. Our team will translate the texts into Chinese and prepare them for publication.

Additionally you can order Weibo influencers, we can offer influencers for any marketing budget. To order you need to provide a text and a picture or video, texts in Chinese we make ourselves. Weibo is very popular in China and they haven’t introduced restrictions for cryptocurrencies yet, so you have time to order now.

Crypto marketing agency “Crypto-Upvotes” will help to tell about your project to millions of new investors from China.

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Crypto Marketing Agency

About our agency

Our crypto marketing agency  is engaged in complex project promotion since 2019. Our specialists have been in the cryptocurrency world since 2014 and we are constantly developing, the list of our services is expanding every month!

  • “Crypto-Upvotes”  have contracts with major advertising agencies in the USA, Europe and Asia.
  • Our company offers: more than 300K+ Billboard advertising spots, Media articles all over the World, Advertising of Influential people and Stars from all over the World and much more!
  • We are not afraid to show our faces, so our agency is doxxed!

Major media such as Yahoo, U.Today, GlobeNewswire, Benzinga, wrote about us!

We provide both complex promotion of crypto projects and individual services. You tell us what goals you want to achieve and we make an individual marketing plan for you. Our company can develop unique offers for any advertising budget.

Our company has extensive experience to promote crypto projects at various stages. We can help you if you are just launching a project or it has been running for a long time.

Our services will make the hype around Your project and tell the whole world about You.

We do everything from smart contract development, preparation for launch, creating hype around your business to listing on the world’s best exchanges after launch and much more!

Our crypto marketing agency will help tell the whole world about you !

 

CONTACT US:

Website: https://crypto-upvotes.com

LinkedIn: https://www.linkedin.com/in/daniel-lazovsky-crypto-upvotes

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