The Dragonfly Wallet offers encryption through private keys, granting users unparalleled control without subscription fees on a fully decentralized platform. Initially, over 7,000 blockchain tokens, primarily smart contract tokens, will be available for selection, some of which can be traded within the Dragonfly Wallet app. EQPAY coins can be earned as referral rewards for inviting others to use this free wallet, facilitating buying, selling, and swapping other cryptocurrencies. $BTC The DragonFly reward program will distribute a total of 6,000,000 EQPAY coins over six years, with 1,000,000 coins awarded annually. Members will receive daily, weekly, monthly, and yearly referral bonuses, all meticulously tracked through analytics, leaderboards, and reporting within the Dragonfly app. #cryptocurrency!!!

In a recent statement at Mint's BFSI Summit, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank's cautious stance on cryptocurrencies, emphasizing the potential risks associated with their proliferation. Governor Das expressed concerns about the global and emerging markets grappling with a crypto mania akin to the historic Tulip mania.Last year, Governor Das maintained the RBI's unwavering position on banning crypto assets, labeling them as a "serious threat to financial stability, particularly for emerging markets." During the summit, he questioned the feasibility of regulating the cryptocurrency industry, citing the need for clear regulations and expressing skepticism about the task of regulating a rapidly evolving sector.Referencing a recent International Monetary Fund (IMF) paper, Governor Das pointed out the IMF's acknowledgment of the necessity for countries to consider imposing additional restrictions on cryptocurrencies. This underscores the global concern surrounding the potential implications of unregulated digital currencies.Despite these reservations, Governor Das commended private companies for their role in making India a leader in the UPI payment system. He highlighted the acceptance of digital lending guidelines and the growth of the fintech sector, emphasizing the importance of sustainable growth in this rapidly evolving landscape.He acknowledged the challenges posed by cyber threats to the robustness of IT systems and reaffirmed the RBI's commitment to strengthening India's banking and financial systems.In a notable move, Governor Das also unveiled the RBI's plan for a Central Bank Digital Currency (CBDC) during the Mint BFSI Summit. While outlining the expansion of wholesale CBDC, he emphasized exploring programmable features in retail CBDC to enable senders to define specific end uses. This announcement aligns with the global trend of central banks exploring the potential of digital currencies.As the world navigates the evolving landscape of digital finance, Governor Das's remarks shed light on the RBI's cautious approach to cryptocurrencies and its commitment to fostering a secure and sustainable financial ecosystem.#CBDC #IndiaCrypto #warning #cryptocurrency!!! #CryptoSaga $BTC $ETH $BNB

Funding — is like a commission that traders pay each other when trading futures with leverage. If the futures price significantly differs from the actual #cryptocurrency!!! price, funding helps align them. Traders whose bets don't match the general market direction pay funding, while those whose bets align receive it. It acts as a penalty or bonus for traders depending on their positions.Thus, funding in #crypto acts as an incentive for traders to align their trading strategies with the general market trend. 📈 If the market is generally going up and you hold a long position (i.e., betting on the rise), you will most likely receive funding.📉 If the market is falling and you hold a short position (betting on the decline), you will also likely receive funding.This mechanism regulates to prevent excessive speculation and a too large gap between the futures price and the real cryptocurrency price. Ultimately, funding helps make trading fairer and more tied to actual market conditi...#Write2Earn #TrendingTopic #The_Bitcoinbull