The cryptocurrency market is not without its challenges, and the recent concerns raised by the CEO of Coinbase regarding China's influence have sparked discussions about the global landscape of digital currencies. While threats loom, Tradecurve (TCRV), now in its presale run, is positioning itself for mass adoption. Keep reading as we will take a closer look into the rising threats from China, as highlighted by the Coinbase CEO, and explore Tradecurve's long-term growth potential.
Summary
- Coinbase CEO claims China might capitalize off of the restrictive US crypto regulations
- He states that US should introduce clear and precise crypto laws to remain on top
- Tradecurve (TCRV) sets itself up for massive worldwide adoption
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Coinbase CEO raises concern about China
Brian Armstrong, the CEO of Coinbase, recently voiced concerns about the rising threats emanating from China in the cryptocurrency space. According to Armstrong, "restrictive" crypto regulations in the United States are "inadvertently" pushing innovation elsewhere, which would benefit China.
Armstrong claimed that Hong Kong's efforts to establish itself as a new crypto center should be "no surprise." His remarks come amid rumors that China could be warming up to the industry after state television station China Central Television aired a piece about cryptocurrency earlier this month.
Armstrong thinks the US can protect consumers, boost the economy, and maintain its position as a financial and innovation giant by establishing clear regulations. The statements by Coinbase's CEO underscore the need for more precise and straightforward crypto regulation.
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Tradecurve (TCRV) positions itself for mass adoption
Amidst the challenges highlighted by the Coinbase CEO, the Tradecurve (TCRV) presale has been setting itself up for worldwide adoption. By focusing on innovation, user experience, and privacy-focused features, Tradecurve could become a viable option for individuals seeking to enter the online trading market.
With 500:1 leverage, anonymity (traders need an email account and cryptocurrency to deposit to start trading on the platform), and access to all derivatives on one account, Tradecurve will become a fan-favorite platform among millions of global traders.
This hybrid trading platform will bring the best features of CEX, such as access to multiple asset classes and high liquidity, while remaining fully decentralized with low trading fees and traders controlling their assets.
For those just beginning their trading journey, Tradecurve will also introduce a metaverse trading academy where they can learn new strategies from trading professionals. Moreover, a social trading aspect will also be present on Tradecurve as it will implement a copy trading feature where users may subscribe to veteran traders and replicate their choices.
By holding its utility token, TCRV, individuals will receive governance voting rights, passive income through staking, and access to VIP status on the platform. Currently, one TCRV token has a value of just $0.015 and is in Stage 3 of its public presale. As this presale advances, more price hikes can be expected, and given its low market cap, which now sits at $27M, its potential to see a massive surge is excellent.
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Only 40% of the 1.8B token supply will be available during its presale, and given the high demand for them, market analysts foresee a 50x rise for the TCRV token value as its presale progresses. In addition, a 100x jump can also be expected as TCRV will look to get listed on Uniswap or a significant Tier-1 CEX after its launch, which historically has pushed token prices up.
With plans to implement its Proof of Reserves (PoR) and onboard 100,000 clients within the first three months after its launch, Tradecurve is preparing itself for mass adoption that may make it a force to be reckoned with in the online trading market - challenging the likes of Binance and Coinbase.
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