As time continues to press on and the financial world rolls over into yet another new month, the entire digital asset world finds itself holding its collective breath. In the wake of the recent 75 bps rate hike by the US Federal Reserve, the market stands precariously on the knife’s edge. WIth Ethereum’s long-awaited imminent migration from proof-of-work (POW) to proof-of-stake (POS) everyone is on tenterhooks. And the price action of Bitcoin still has not indicated or confirmed the bottom of the market yet.
There has been precious little resolution on the issue of digital asset regulations, either. The Securities and Exchange Commission head Gary Gensler continues pursuing his policy of regulation through litigation, rather than proper regulatory guidance. All in all, things look pretty gloomy at the moment.
A Ray of Hope
Despite all of the bad news and uncertainty of the recent and upcoming months, some bright spots have managed to show through. Speaking of which, it should come as no surprise that the Ghost Trader team had another successful trading month in July. As the Northern Hemisphere slowly slouched into the summer doldrums of a deepening bear cycle, GTR managed to extend its winning record to eight consecutive successful trading cycles. July also just so happened to be the best month the project has managed to record in three months.
The team also had a great AMA with renowned YouTube personality and digital asset maven, James Pelton. During the presentation, he made it abundantly clear how impressed he was with the project. He also voiced his intention of placing GTR onto his list of top ten passive income digital asset projects.
The Pelton AMA also marked the successful roll-out of the new Silver edition NFTs. Between the new NFT sales and the monthly NFT top-ups, more than $20K dollars of new contributions have flowed steadily into NFTs.
Even More Good News
As you can probably already tell, momentum for GTR has started to build. More people are recognizing our brand, and our reputation has grown significantly and as steadily as our trading pool. On Coin Market League, GTR routinely tops the list as one of the most followed projects on their site.
Now that GTR has a running start and has managed to prove repeatedly just how resilient the ecosystem and community of contributors are, the time has come to raise the stakes.
Over the past few weeks, the team has been dropping hints about our plans for the addition of a critically important function in the near future. With each passing week, more and more breadcrumbs have been dropped. The diligent and observant followers of the project have probably already guessed what comes next. For those who have yet to make the pieces fit, it is time to share the great news.
The Final Component
By the end of August, GTR will add the much-anticipated withdrawal function to all NFTs. The addition of that function will allow our contributors to withdraw all contributions over and above the base price of their respective NFTs, not just the gains. This additional function removes restrictions on NFTs, and enables the full functionality of our ecosystem. Once the withdrawal function has been engaged, contributors will have essentially no restrictions on their ability to deposit into or withdraw from their NFTs.
The withdrawal function fulfills the team’s vision of bridging the gap for the rest of us. The GTR ecosystem puts the power to take the reins of one’s own financial future into the hands of the everyperson. The future starts right now.
We look forward to showcasing the full GTR ecosystem, and continuing to show success where success proves to be in short supply. Please be sure to stay tuned to our social media outlets moving forward for updates and news of the Ghost Trader project.
We invite you to check out our official Ghost Trader website, join us either on Telegram or Discord, follow us on Twitter and LinkedIn, and be sure to check out the podcast found here. To follow Mr. Pelton, check out his YouTube channel in the link above, and follow him over on Twitter here.