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Two time trials and nine possible summit finishes this year

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When you are an engineer, especially in the premier leagues of Motorsport such as Formula 1, every minute of every day is spent optimising the car’s performance to go faster and beat the competition. Consequently, you lose sight of the big picture, you forget the whole point of your job and that is to provide entertainment for the fans. Like it or not, you are an engineer in the entertainment business.

Entertainment has been the recent buzz word in Motorsport. With audience figures declining and other sports growing, there has been much discussion on how to improve the entertainment value of Motorsport.

Aside from manipulating the rules to increase overtaking and developing the TV product to help fans understand the tech behind the sport, categories are also focusing on how to improve the trackside experience for the fans. This has led to promoters investing in a variety of areas, none of which are relevant to the racing. A perfect example of this is this year’s Speedmachine Festival at Silverstone.

We wanted to build a festival with World Rallycross at its heart

claims Paul Bellamy, Managing Director of FIA World Rallycross and Global Head of IMG Motorsports. But is this the best way to not only attract larger audiences at the racetrack, but retain them as well?

In the paddock, you are greeted with the booming baseline of whoever is performing on the main stage, with the smell of dishes from all over the world filling your senses. As you wonder through the exhibitions of the Group B Rally cars and the manufacturer showrooms where you can sign up to test drive the latest roadcar models, the paddock roars into life as the latest supercars and drift cars rev their engines for fun much to the enjoyment of the crowd.

Continue walking and you reach the business end of the paddock, where you are reminded of why you came to Silverstone. The teams live in unintimidating awnings, where fans can peer in and watch the mechanics prep the cars. In between sessions, the drivers have to weave their racers in between the crowd to get to the track, so with only a general admission ticket, you can get closer to the cars than most other types of Motorsport.

When it’s all over, the usual trudge to the car, along with the masses, pre-empting the going-home-traffic never actually happened, because the circuit transformed into a festival. The main stage included fireworks, smoke machines and the sound quality was fantastic, it was a proper concert and the best thing was it was full of family’s.

For me, this is a key point. We cannot continue to satisfy the needs of the dinosaur fans in our sport

Their wealth of experience is invaluable, and we should always reminisce of the good old days and the rise of historic championships and events such as Goodwood are excellent for this. However, the world is changing, the behaviour and needs of the younger generation are changing and if we want our Sport to survive, then so must we.

I was battling the crowds of hard-core fans that were ~85% middle aged males. This year, I had to be careful not to trip over the toddlers and their prams. There really was something for everyone. However, the key to this festival concept continuing its success is to balance the needs of these new audiences without diluting the sport for those hard-core and dedicated fans.

However, the racing element needs some fine-tuning more grandstands, more banked areas and ideally some changes to the circuit topography. So that when the audience migrates from the festival entertainment to the racing on track, they are treated to the best experience possible, to retain their interest and hopefully convert them to fans of the sport.

SEC Approval of Bitcoin Futures ETFs Sends Bitcoin Price Skyrocketing

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The news has caused Bitcoin’s price to cross the $60,000 mark for the first time since April

The US Securities and Exchange Commission (SEC) is on the verge of approving the first Bitcoin futures exchange-traded fund (ETF), as reported by Bloomberg quote Sources report.

According to sources familiar with the development, the US regulator will allow Bitcoin-linked products submitted by ProShares and Invesco to trade as early as next week.

The news that the SEC will approve Bitcoin ETFs has significantly lightened the mood among investors after nearly a decade of waiting, as the authority has either rejected several applications or postponed its decision since 2013.

According to the However, ETF analyst Eric Balchunas says the SEC is not against Bitcoin futures ETFs, and approval for at least one of the exchange-traded funds mentioned above is a “pretty much a done deal“.

SEC Tweet and Bitcoin Price surge above $60k

The report of Bloomberg the upcoming approval of a Bitcoin futures ETF coincided with a warning to investors by the SEC’s Investor Education Office.

In a Tweet,on Thursday, investors were urged to “the potential risks and benefits” of investments in BTC or funds holding Bitcoin futures contracts, carefully weigh. It’s not the first time the SEC has tweeted this warning, but according to Balchunas, the timing points to a decision.

“NOTE: The last time the SEC tweeted this bulletin was on 7/26, a day before ProFunds’ Bitcoin strategy mutual fund went into effect on 7/27 [] and two days before it was hung up on 7/28. If the pattern continues, the ProShares ETF will trade on Monday or Tuesday…“, sagte he.

In the hours following the regulator’s announcement and reports that the approval was a “done deal,” Bitcoin’s price skyrocketed.  According to CoinGecko’s data, the value of the benchmark cryptocurrency hit its highest level in six months at $60,018.76.

At the time of writing, Bitcoin is trading around $59,875, with the bulls likely to try to re-hit the all-time high of $64,804.72 reached on April14.

Bitcoin Price Hits $60k as ETF news boosts Purchases

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The news about the first approvals of Bitcoin futures ETFs in the US is also likely to have boosted the Bitcoin price

The Bitcoin price rose to an average of $ 60,018 on the main trading platforms, bringing the cryptocurrency leading by market capitalization to its highest level in six months.

The leading digital asset broke through key resistance around $59,800 in early trading on Friday as news that the U.S. Securities and Exchange Commission (SEC) would finally approve the first Bitcoin (BTC) futures ETF in the U.S. led to increased purchases.

In October, the BTC/USD pair managed to gain 34,4%, thereby compensating for September’s losses of 8%. On-chain data analytics provider Glassnode found that 99.02% of all BTC wallets saw gains from Bitcoin’s rise to $60,000.

https://twitter.com/glassnode/status/1448909024234074113

Positive news boosts Bitcoin price

The rise in the Bitcoin price to over $60,000 on Friday came amid a series of positive news in October. After the Bitcoin price fell to a low of $40,000 in late September, a series of upward moves began as the whales made the dent useto build positions.

Comments by Fed Chairman Jerome Powell and SEC Chairman Gary Gensler that the United States did not intend to emulate China’s crackdown on cryptocurrencies also had a positive effect on the bulls.

Cathie Wood, whose ARK Invest has submitted a proposal for a Bitcoin futures ETF, says that Institutions could raise the Bitcoin price tenfold to $ 500,000. According to the investor, an allocation of only 5% from institutions from around the world would be enough to accelerate the value of BTC towards half a million.

Although the Bitcoin price has since fallen back below the $ 60,000 mark, it is still in a positive trend with a daily profit of currently around 3%.

According to data from CoinGecko, BTC is currently changing hands at $59,320, putting the current value of the cryptocurrency about 8% below its all-time high of $64,805 recorded on April 14, 2021.

Plum app secures $14 million and seeks expansion

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The company hopes to raise a total of $ 24 million in financing to expand in Europe

British investment app Plum has raised $14 million as part of its Series A funding round, according to a press release released Friday.

The platform, which has offices in London, Athens and Nicosia, has said it will raise funds as part of a crowdfunding campaign planned for late October, with funding for the Series A round expected to rise to $24 million.

According to data from Yahoo Finance UK more than 20,000 people your Interest in Plum’s crowdfunding round via Crowdcube expresses.

In July 2020, the company received $10 million in a funding round led by Global Brain, EBRD and VentureFriends. In the latest investment round, the new investors Ventura Capital and dmg ventures joined the above-mentioned investors. Angel investors were also heavily involved.

Expansion and Crypto

Plum hopes to use the funds to accelerate its expansion across Europe, where the company currently has a goal of reaching over 300 million people by the end of next year.

The expansion includes plans to launch a cash card and US equities by the end of 2021, and crypto asset products by the summer of 2022 to become the leading investment app in Europe.

According to Victor Trokoudes, the co-founder and CEO of the platform, Plum is rapidly evolving into a “Super App“as demand continues to rise among investors.

“But there is much more work to do. The need for smart and intuitive investment products is enormous, especially in other parts of Europe, where often the old-fashioned banks are the only way to multiply his money“, Trokoudes added in a statement.

Plum’s unique selling point is its AI-powered technology that automates saving and investing for customers. The app makes it easier to manage personal finances, especially for those who find this part of their life difficult.

Mexico’s President rejects Bitcoin as currency

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Mexico’s president has confirmed that the country will not follow in the footsteps of El Salvador and introduce cryptocurrencies as legal tender

According to President Andres Manuel Lopez Obrador, Mexico will not introduce cryptocurrencies as legal tender in the near future. Like the local newspaper Expansion Politica reported, at a press conference yesterday, the president dismissed cryptocurrencies as not crucial to the country’s development from a financial point of view.

President Lopez Obrador has so far not commented directly on cryptocurrencies, but in his recent comments he stated that Mexico must remain Orthodox in its financial positioning.

“We will not change in this regard. We believe that we should maintain Orthodoxy in financial management (and) not try to innovate much in financial management.”

Unlike the heads of state in El Salvador and Venezuela, President Lopez Obrador believes that the country does not need to burden itself with the introduction of cryptocurrencies. Instead of making the economy Bitcoin-friendly, the government must focus on tightening tax collection measures to prevent tax evasion.

“The truth is that we have not had any problems in terms of tax collection, and that reassures us a lot”, he said.

Mexico’s Central Bank and the National Banking and Securities Commission issued a joint statement in June warning potential investors about the risks of investing in virtual assets. The institutions also warned against using such assets as a medium of exchange. The announcement came after a statement from billionaire Ricardo Salinas Pliego, who had said his bank was looking into the possibility of accepting Bitcoin.

“Of course, I recommend using Bitcoin, and me and my bank are working to be the first bank in Mexico to accept Bitcoin. If you need more details or information, follow me on my Twitter account”, writePliego.

In Russia, President Vladimir Putin has taken a less radical stance on cryptocurrencies. In an interview moderated by CNBC that on Thursday on the website of the Kremlin has been published,the Russian leader said that he sees value in Bitcoin and other cryptocurrencies. He added that crypto assets could one day be used as a unit for settlement.

Putin also stressed that despite their value and potential usefulness, he does not believe that cryptocurrencies could be used for oil trading. Asked if he sees cryptocurrencies as a potential alternative to the dollar in oil trading in light of recent US sanctions against Russia, the Russian president opined that cryptocurrencies are still immature. He also stressed that the huge energy demand associated with cryptocurrencies could hinder their adoption.

Weekly Report: Centralized Exchanges Enter NFT Space

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Bitcoin and Ethereum seem to be on their way to new all-time highs after the latest price gains. Also in the areas of Kryptow ä hrungen and NFT was a lot going on this week

US eclipses China as home of Bitcoin mining

University of Cambridge Researchers have on Wednesday dates published, the bestätigen that the US is now responsible forür the höchste Bitcoin mining performance – a third of the total hash rate. The Cambridge Centre for Alternative Finance report shows that the Bitcoin hashrate in the US has increased by 428% since September last year.

The data also showed that the US had a 35.4% share of the Bitcoin hashrate by the end of August this year. China has been its own Bösewicht in reducing the hash rate, as the government has made the country generally unfriendly to crypto currencies. The government of the country has massively changed the crypto scene in the country through the People’s Bank of China by intensively restricting crypto mining and crypto trading.

From a estimated 75% share of the Bitcoin hashrate in 2019 to 44% in May, the Chinese share has dropped to zero by July of this year. The miners have fled the Chinese region in droves to other, less hostile regions, and U.S. states like Texas have been popular targets.

ARK Invest prüft a Bitcoin futures ETF

Cathie Woods’ ARK Invest has joined the list of companies seeking SEC approval to offer an ETF. The investment firm is said to have teamed up as a marketer with Alpha Architect as an ETF issuer and 21Shares as a sub-advisor. From those submitted on Wednesday Documentation it is clear that the planned product will only trade with futures and not directly with crypto currencies.

The most recent bias toward crypto futures makes sense considering that SEC Chairman Gary Gensler has previously hinted that ETFs based on futures would be taken into account in the admission process. Experts have predicted that a Bitcoin ETF could come before the end of the year.

The Ger ü chte & uuml; about a m & ouml; like soon approval have helped to drive the Bitcoin course in the H & ouml; he, which currently changes hands at around 59.000 dollars. However, not everyone is optimistic that approval will come soon. Todd Rosenbluth of CFRA said againstüabout CNBCthat the approval would be delayed until the first quarter of 2022.

Vladimir Putin Sees Value in Crypto

Russian Pr ä sident Vladimir Putin has said that he would see crypto currencies in the future as a unit of account, claiming that digital assets due to their volatility ät at the moment are still too fr ü h f ür this use. In a Interviewby Hadley Gamble CNBC;on Wednesday, he added that he sees the use of crypto currencies in cross-border payment transactions.

Although he agreed that crypto currencies have value, Putin was also cynical about the idea of using crypto currencies for energy bills because they are unsecured assets. Putin also suggested that Russia could move to non-dollar-denominated transactions in response to U.S. targeted sanctions. When asked whether crypto currencies for Russia could be an alternative to the dollar, the president said it was still too early to discuss the use of crypto currencies in the settlement of energy transactions.

However, he räumte that Kryptowährungen have the potential over time to mature to such an extent that they can be used in trade k & ouml; can. In the past, Russia has introduced legal regulations that exclude the use of crypto currencies in payment transactions in order to preserve the souvernit of its currency. Deputy Finance Minister Alexei Moiseev also confirmed this week that the state will not ban the purchase and trade of crypto currencies, as China has done recently.

TradingView closes First round of Funding with $298 Million

As Bloomberg;on Thursday reported, has the platform for price charts and investments TradingView received 298 million dollars from its latest round of financing, which was led by Tiger Global Management. The funding round, which earned the London-based firm a valuation of $3 billion, was driven by growing interest from retail investors looking to trade in public markets. This round was the largest to date, having received only about $40 million in total in its previous funding rounds.

The financial information platform has been around for about ten years and currently has 30 million monthly users from more than 180 countries where the platform is accessible. A large part of TradingView’s growth is due to a 237% increase in visitor numbers and a 400% increase in newly established accounts over the past eighteen months.

TradingView tracks the performance of different types of investments and also provides a social forum for user discussions. According to co-founder and CEO Denis Globa, the latest capital injection will help the company achieve its goal of improving informed financial trading decisions through global expansion.

‘Coinbase NFT’ Waiting List Reaches 1.5 Million Users

Coinbase’s peer-to-peer marketplace for non-fungible tokens (NFTs) now has over 1.5 million users on its waiting list, though it didn’t open until Tuesday angek ü was ndigtthe day the million dollar limit was reached. The crypto Börse said that users will be able to trade and prägen their own NFTs on the platform: ‘Coinbase NFT’.

Such a number of interested users shows a growing interest in the NFT sector, which recorded a revenue volume of $ 10 billion in the third quarter, compared to $ 1,3 billion in the second quarter of this year. The NFT sector has seen tremendous growth in just a few months, and Coinbase is in the process of positioning itself accordingly to capitalize on it. It is expected that the entry of crypto into the NFT marketplace will have an impact on investors’ entry into NFTs.

The 1.5 million users on the Coinbase waiting list far exceeded the 261,000 users of the OpenSea marketplace. The announcement of Coinbase followed the Enthüllung ofFTX on Monday that the company will set up a Solana-based NFT marketplace. The Börse also stated that it plans to add support for Ethereum tokens soon.

The post Weekly Report: Centralized exchanges are entering the NFT space appeared first on Coin Hero.

Where to buy APIX, as the token increases by 162

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The APIX Coin is up 162% in the last 24 hours and could recover even further if the volume action continues in the future

The APIX token has seen a sharp rise in price over the past 24 hours and the coin is trading at $0.15 at the time of writing this article. The APIX token has seen an increase in trading volume and the coin could potentially be 2X or 4X off current levels if the bulls sustain and extend the current rally. The token has the potential to rise and establish new highs in the future on the back of rising volumes.

How and where to buy APIX in Germany and elsewhere

If you want to buy APIX, you need to set up an account with a crypto exchange/broker website. When registering an account, you must provide a username, password and email address. The Website will also ask you to verify your details as part of the Know Your Customer (KYC) process, which is necessary to ensure the security of all users of the Platform. You can submit copies of your driver’s license and utility bill to comply with KYC regulations.

Avoid using decentralized exchanges (DEX) as they are not regulated. For your benefit, we have selected two of the best platforms for trading.

What is APIX?

APIX is a blockchain network designed to simplify the operation and setup of masternodes. The native cryptocurrency is known as APIX and is used for governance and reward purposes within the network. The network plans to add new features as the network matures in the future.

Should I buy APIX today?

The APIX token has seen a sharp rise in price, and the coin could very well be heading for another rally if the whales continue their buying spree. The early owners of the APIX token could be rewarded handsomely if the coin continues to rise in the future.

This article is for informational purposes only – none of the content should be construed as financial or investment advice.

Where to buy GreenMoon as GRM hits the $0.18 mark

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The GreenMoon token is currently trading at $0.18 and has seen huge gains over the past 24 hours

The GreenMoon token is up 1353% in the last 24 hours and is trading at $0.18 at the time of writing this article. The token seems to be heading towards new highs, driven by an increase in trading volume. The coin could potentially increase twenty-fold from the current price level if the current rally can be extended by the whales.

How and where to buy GreenMoon in Germany and elsewhere

If you are interested in buying cryptocurrencies, you need to open a new trading account with a broker/exchange platform. Upon account registration, you will need to create a new user profile and the website will ask you to provide a username, password and email address. You will then receive a confirmation email and will need to provide proof of identity and address to meet KYC (Know Your Customer) standards. Most platforms accept copies of a utility company’s driver’s license and bill, but some also require you to agree to a video call or a portrait photo. Avoid using decentralized exchanges as they are not regulated.

To your advantage, we have shortlisted two of the best platforms where you can trade with ease.

What is GreenMoon?

The GreenMoon Token is a new cryptocurrency that charges a 12.5% tax on all transactions. 4.17% will be used for the buyback to increase the price of the token. In addition, another 4.17% is used for marketing purposes. 4.17% is also used to provide liquidity. The token has a deflationary offering and is attracting a lot of interest from investors.

Should I buy GRM today?

The GreenMoon token could reward its early owners with big wins if the coin continues to rise in the future. The token has the potential to rise further if the bulls manage to push prices down in the short term. The token could potentially target the $0.3 mark and beyond in the future if the bulls maintain interest.

Traders could also take advantage of price volatility to make short-term profits.

This article is for informational purposes only – the content should not be construed as financial or investment advice.

Where to buy Neo as the token consolidates near the $45 mark

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The NEO token has seen strong volume near the $45 region and the coin could be heading for a rally soon

The NEO token is currently trading at $45.35 and the coin could continue to rise if the whales amass large amounts of the token. The Neo token has the potential to rise further if the bulls can push prices down in the future. The coin could very well rise towards the $50 region and beyond if volumes continue to increase in the short term.

How and where to buy Neo in Germany and elsewhere

To buy Neo Token, you need to register an account with a crypto exchange/broker platform. The whole process is simple and all you need to do is provide a username, password and email address. The website will ask you to verify the account as part of Know Your Customer (KYC) regulation. You may submit copies of your passport and utility bill to prove your identity or address.

Avoid trading on decentralized exchanges as they are not regulated. For your convenience, we have selected two of the best platforms where you can trade safely.

eToro

eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.

Buy NEO on eToro

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges in the market.

Buy NEO now at Binance

What is Neo?

Neo is a full-fledged blockchain network that supports dApps. The main token of the Neo blockchain is called NEO and generates a second token called GAS. The Neo network is popularly referred to as the Ethereum of China.

Should I buy NEO today?

The Neo Token seems to be heading for an early rally due to the high volume. The early supporters of the NEO token could be generously rewarded in the future if the coin continues its rally.

The first target for the NEO token remains the $50 mark and the coin could rally towards the $55 mark and new highs if the whales manage to take control.

This article is for informational purposes only – none of the content should be construed as financial or investment advice.

Where to buy Chainlink as LINK rises by 8%

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The Chainlink (LINK) token has risen by 8% in the last 24 hours and recorded a high trading volume, indicating a strong accumulation by whales

The Chainlink token is currently trading at $26.57 and is up by 8% in the past 24 hours. The token could possibly rise by another 5-10% if the volumes keep building up. The LINK coin has the potential to see a strong price spike once the whales start accumulating huge quantities.

How & where to buy Chainlink in the UK and elsewhere

To purchase LINK, you will need to register a trading account on a crypto exchange/broker platform. All you need to do is submit your full legal name, email address and phone number. Then, verify the account by submitting copies of your driving license and utility bill. Some sites may also ask for additional verification through a selfie or a video call. This requirement is in keeping with the Know Your Customer (KYC) norms. It helps in securing the site for all users. Once done, you can deposit funds and start trading.

Avoid using decentralized exchanges as they are unregulated. For your convenience, we have handpicked two of the best platforms for trading.

coin-is-available-via-uniswap-intro

1. Buy ETH from a regulated exchange or broker like eToro “

We recommend eToro because it is one of the world’s leading multi-asset trading platforms, is the exchange and wallet in one and is among the lowest fees in the industry. Also, eToro is beginner-friendly and offers more payment options than any other service available.

2. Send your ETH to a compatible wallet such as Trust Wallet or MetaMask

You need to create your wallet, take your address and send your coins there.

3. Connect your wallet to the Uniswap DEX

Go to Uniswap and connect your wallet to it.

4. You can now exchange your ETH for LINK.

Now that you are connected, you can exchange for hundreds of coins, including LINK.

What is Chainlink?

Chainlink is a decentralized oracle network that allows off-chain data integration. The blockchain network has become very popular and the LINK token has seen a reasonable price increase as adoption has increased. Recently, a fintech firm, Spartan Hill announced that Chainlink’s price feeds will be used to power a South American Peso based stablecoin called Daily.

Should I buy LINK today?

The Chainlink token could be heading for another rally if the bulls can sustain the current price surge. The early holders of the Chainlink token could see huge gains in the future if the token’s price continues to rise.

The LINK token has the potential to rally further on the back of huge volume build up. The coin could very well breach the $30 resistance level in the short term.

This article is informational only—none of the contents should be construed as financial or investment advice.