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| Observer 
| #OBSR
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| OBSR Price: | $0.00148 | | Volume: | $64.3 K | | All Time High: | $0.035 | | Market Cap: | $2.0 M |
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| Circulating Supply: | 1,338,928,787 |
| Exchanges: | 3
| | Total Supply: | 1,338,928,787 |
| Markets: | 3
| | Max Supply: | 11,268,887,412 |
| Pairs: | 3
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The price of #OBSR today is $0.00148 USD.
The lowest OBSR price for this period was $0, the highest was $0.00148, and the current live price for one OBSR coin is $0.00147697.
The all-time high OBSR coin price was $0.035.
Use our custom price calculator to see the hypothetical price of OBSR with market cap of ETH or other crypto coins. |
The code for Observer crypto currency is #OBSR.
Observer is 4.9 years old. |
The current market capitalization for Observer is $1,977,560.
Observer is ranked #793, by market cap (and other factors). |
There is a modest volume of trading today on #OBSR.
Today's 24-hour trading volume across all exchanges for Observer is $64,255. |
| The circulating supply of OBSR is 1,338,928,787 coins, which is 12% of the maximum coin supply. |
OBSR has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 3 crypto exchanges.
View #OBSR trading pairs and crypto exchanges that currently support #OBSR purchase. |
 | Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast
Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin's price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world's largest cryptocurrency to reach his predicted price target but acknowledged that it may take 'a little longer.'Tim Draper's $250K Bitcoin Price Forecast
Venture capitalist Tim Draper has adjusted the projected timeframe for his bitcoin price prediction. He tweeted Friday that when the price of bitcoin was $4,000, he predicted that it would climb 60 times and reach $250,000 by now. However, BTC ended June below $31,000. 'I guess we have to wait a little longer,' he wrote, adding that it may take two more years for his $250K prediction to come true.
Draper previously predicted that the price of bitcoin would reach $250K by the end of 2022. However, he acknowledged on Dec. 31, 2022, that his '$250k by 2022' forecast for bitcoin was 'off by a bit.' Nonetheless, he insisted that the price of BTC will 'certainly' reach the predicted level before the halving in 2024.
See t-shirt. $250k by 2022. My prediction was off by a bit. Hasn't made it there…yet. Certainly before the halvening. #truebelievers #bitcoin #worldoftrust #freedom #hodl pic.twitter.com/jMLi8rraj8
- Tim Draper (@TimDraper) December 31, 2022
When his forecast did not come true in December last year, he extended his BTC price prediction timeframe by six months to mid-2023. He told the Observer that if that still does not happen, then he is ...
|  | US DOJ Confiscates $112 Million Worth of Crypto Linked to 'Pig Butcherin...
The United States Department of Justice (DOJ) seized $112 million in cryptocurrencies previously drained through the so-called 'pig butchering' scams. One particular account based in Los Angeles contained more than $66 million worth of digital assets.
That type of fraud has become increasingly popular recently. An investigation assumed that many shell companies in the United Kingdom could be orchestrating such schemes.
'Pig butchering' refers to fattening a pig before slaughter. Criminals would contact victims via direct messages and offer them a great 'investment' that could bring substantial profits. They might explain how they found the contact details and lure people into suspicious schemes (which, in many cases, are too good to be true).
Such wrongdoers could even develop a romantic relationship with their victims only to win their trust. Unfortunately for those who fall into that trap, there is no real love behind those fake gestures but only an attempt to steal one's funds.
LA is Most Affected
The American authorities confiscated the digital assets from six accounts based in Los Angeles, the District of Idaho, and the District of Arizona. Prosecutors claimed that criminals used the addresses to launder proceeds of various crypto fraud, including 'pig butchering' scams.
'The victims in pig butchering schemes are referred to as 'pigs' by the scammers because the scammers will use elaborate storylines to 'fatten up' victims into believing they are in a romantic or o...
| | Pig Butchering Crypto Scams Exploit UK's Companies House: Report
According to an investigation by The Bureau of Investigative Journalism and the Observer, more than 168 shell companies in the United Kingdom are suspected of operating fraudulent crypto or foreign exchange trading schemes, around half of which are potentially linked to pig-butchering scams.
In fact, these organized crime groups were found to be using the UK as a 'virtual base' for their operations while exploiting lax regulations to conduct fraud on an industrial scale, the investigation stated.
Pig Butchering Scams in the UK
Upon further analysis, the two media firms found that many of these firms are linked through domain registrations. Interestingly, a vast majority of company directors are Chinese residents, however, details about the real owners are limited due to inadequacies in the Companies House registration system.
Despite rampant fraudulent activities and concerns about potential money laundering via the UK, the country has mostly turned a blind eye. A similar sentiment was echoed by Margaret Hodge, MP and chair of the APPG on Anti-Corruption and Responsible Tax, who said that traffickers, drug smugglers, fraudsters, and scammers have been exploiting the UK's lax and opaque corporate laws for years.
The British politician admitted that Companies House has failed to put up a fight despite being the first line of defense and highlighted the need to look into the information it is given and punish those who lie. She added,
'And it needs to be properly funded to fulfi...
|  | NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support
NEAR, the native crypto of Near Protocol, seems to continue mirroring the trajectory of Bitcoin, one of the main driving forces of the cryptocurrency industry.
The largest crypto asset boasting a total market capitalization of $320.76 billion has so far failed to establish a strong upward momentum that will enable it to exit 2022 with a higher value.
In fact, BTC, which is trading at $16,658, is in danger of ending the year with a meager gain of less than 2%. At the time of writing, the maiden crypto has only managed to go up by 1.2% during the last 30 days and is looking at a weekly decline of 1.5%.
As Bitcoin continues with its struggles, lesser known altcoins such as NEAR will also have a hard time to trigger an upward movement of their prices.
Yearend Bang Denied As NEAR Drops 20%
Much like many of its fellow digital coins, NEAR is now trapped in a position where it will be difficult to end the month of December on a high note.
NEAR Protocol has the strongest positive correlations with Bitcoin, Cardano, and XRP. This suggests that these coins frequently trend in the same direction at the same time.
According to latest data from Coingecko, at press time, NEAR is changing hands at $1.32 and has already lost 20% of its value in the last 14 days.
As for its month-to-date (MTD) performance, the coin is currently one of the worst performers among the top 40 crypto assets, going down by 16.2% over the previous 30 days.
Adding to the woes of the cryptocurrency is the findings of...
|  | Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations.Ukraine Advances Toward Membership of European Blockchain Partnership
Ukraine has been accepted as an observer in the European Blockchain Partnership (EBP), an initiative to develop an EU strategy on blockchain and build blockchain infrastructure for public services. The observer status is a step towards full membership, for which Ukrainian officials and members of the crypto community have been lobbying.
The push for the country's accession to the EBP was initiated by Oleksii Zhmerenetskyi, chairman of the Blockchain4Ukraine inter-factional association of Ukrainian lawmakers, and Konstantin Yarmolenko, who chairs the 'Virtual Assets of Ukraine' non-government organization.
In March this year, they sent letters to the President of the European Commission Ursula von der Leyen and other EU representatives, urging for the establishment of a common European blockchain infrastructure based on the EBP.
In response to their call, the head of the executive body in Brussels confirmed the prospects of Ukraine's accession as an observer. The country has now become the third non-EU nation participating in the initiative, besides Norway and Liechtenstein.
'Ukraine's integration into the European Blockchain Partnership wil...
|  | Jamaican Central Bank Plans to Airdrop $16 to First 100 Citizens Of CBDC
In a bid to spread awareness and bolster usage, the Jamaican Government is all set to airdrop $16 (2500 Jamaican dollars) to the first 100,000 citizens setting up Central Bank Digital Currency (CBDC) wallets after April 1st.
Jamaica Digital Exchange (JAM-DEX)
While delivering the opening presentation in the 2022/23 Budget Debate in the House of Representatives this week, Minister of Finance and the Public Service Dr. Nigel Clarke stated that the main objective of the move is to encourage citizens to use CBDC as an option to conduct transactions.
Bank of Jamaica (BOJ) had unveiled the country's CBDC effort, dubbed Jamaica Digital Exchange (JAM-DEX), in February, with the tagline being 'No cash, no problem!'
The initiative is a part of the Government's digital transformation of Jamaica's economy. According to the Finance Minister, any individual with an existing bank account can automatically be eligible for a JAM-DEX wallet. The Government plans to detail more incentives to use the new CBDC, the rollout of which is scheduled for the beginning of the April to June quarter.
The Government and central bank will also push for the BOJ to be the sole issuer of JAM-DEX, as well as for the CBDC to be recognized as legal tender.
Clarke also mentioned that the more merchants such as corner shops, vendors, and bars accept JAM-DEX, the more widespread its use will be. The Government is also looking to incentivize businesses to set up electronic wallets and to conduct payments in JAM-DEX.
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|  | 'Bank of Jamaica Will Roll Out Digital Jamaican Dollar in 2022,&rs...
According to an announcement from Jamaica's Prime Minister Andrew Holness the Bank of Jamaica plans to 'roll out' its central bank digital currency (CBDC) after the country's successful pilot last year.Jamaica's CBDC Is Due to Launch This Year
Jamaica, the island country situated in the Caribbean Sea is planning to launch its CBDC this year, according to Prime Minister Andrew Holness. The Jamaican bureaucrat tweeted about the CBDC on February 10, when he said: 'the Bank of Jamaica will roll out our own digital Jamaican dollar in 2022 after a successful pilot during 2021.'
The statement follows the Jamaican central bank's 'successful' pilot it experimented with last year. At the end of 2021, the Bank of Jamaica told the public three schemes were tested during the pilot phase.
The statements stemming from Holness reiterated that the CBDC was successful and the digital currency will be the foundational infrastructure. 'This will serve as a foundation for Jamaica's digital payments architecture and will facilitate greater financial inclusion, increase transaction velocity while reducing the cost of banking for the Jamaican people,' Holness insisted. The Jamaican bureaucrat added:
This is a big step in building a nation of Peace, Opportunity, and Prosperity.
Jamaica's CBDC Wallet Will Work With Credit Cards and Prepaid Cards, Says Sagicor Bank Jamaica Executive
Jamaica's upcoming CBDC follows a small handful of nation-states like China, Nigeria, and Venezuela that have deployed C...
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