Ari10 Weekly Newsletter #132 (Crypto Business Insights, Crypto Market News and Ari10 Company Update)

GM! This is Mateusz Kara.

And you've just found the best place in the crypto space to know more about the blockchain industry. I'm also giving you updates on my biz.

In Today's edition:

1/ U.S. Elections Less Than a Week Away

2/ Gold Reaches a New All-Time High

3/ BlackRock Accumulating Bitcoin

4/ Why is the Ethereum Foundation selling ETH?

+ Crypto Business Insights & Ari10 Company Update

Sounds interesting? I think so.

Let's dive deeper into the crypto rabbit hole:

1/ U.S. Elections Less Than a Week Away

The cryptocurrency market is showing signs of activity, with the prices of Bitcoin and other leading digital assets on the rise. The primary driver is the upcoming U.S. elections on November 5. Who will win? Betting platforms indicate a lead for Donald Trump, while polls suggest that the race between the Republican and Democratic candidates remains tight. Key results will come from swing states.

A Trump victory could fuel stronger growth in cryptocurrencies, though a win for Harris may not halt Bitcoin’s bull market.

2/ Gold Reaches a New All-Time High

Growth is also evident in other markets. Gold has hit a new all-time high, now priced at $2,800. It’s possible that Bitcoin, often referred to as “digital gold,” may follow suit.

What’s driving the rise in gold? Primarily, it has been undervalued for some time. Additionally, there are concerns about the potential for a new war in the Middle East (though this is an unlikely scenario) or an escalation of the conflict in Ukraine.

However, it’s important to emphasize that this idea is not yet under parliamentary debate - it’s just a tentative suggestion within the report and is unlikely to take effect in its current form.

3/ BlackRock Accumulating Bitcoin

Returning to the cryptocurrency market, particularly BTC ETFs: BlackRock’s ETF now holds $30 billion worth of BTC. Interestingly, investors in this ETF are purchasing BTC in larger amounts than those seen in other funds. A similar trend is visible in ETH ETFs, where BlackRock’s ETF is also leading.

4/ Why is the Ethereum Foundation selling ETH?

Recently, Ethereum has faced some negative press, with the ETH/BTC exchange rate declining and many predicting the project’s slow downfall. The situation is further complicated by actions of the Ethereum Foundation, which has been selling ETH. Why are they doing this? Have they lost faith in their own network?

In a discussion on X, Vitalik Buterin explained everything. It turns out that the foundation is using these sales to fund experts working on changes to the blockchain. Vitalik himself has stated that he’s buying ETH.

According to the platform Scopescan, the foundation recently sold 4,066 ETH for a little over $11 million.

Crypto Business Insights ??

Entrepreneurs' Obligations Regarding the Use of Cash Registers

The VAT Act also specifies various obligations imposed on taxpayers who record sales using cash registers. These requirements are detailed in Article 111, paragraph 3a of the VAT Act. Taxpayers are therefore required to:

• Print a fiscal receipt or invoice for each sale and provide the printed document to the buyer;
• Immediately report any malfunctions of the cash register to the authorized cash register service provider;
• Make cash registers available for inspection to ensure their integrity and proper functioning upon request from the relevant authorities;
• Submit cash registers to mandatory technical inspections by an authorized cash register service provider;
• Retain copies of cash register documents for a specified period, generally until the statute of limitations for the tax liability expires;
• Use cash registers exclusively for recording their own sales;
• Print all documents issued through the cash register each time;
• Maintain and store documentation regarding the usage of the cash register;
• Submit cash registers that were lost and later recovered to a mandatory technical inspection before reusing them for recording sales;
• Ensure a connection that enables data transmission between the cash register and the Central Repository of Cash Registers;
• Cease using cash registers in the event of business closure or discontinuation of cash register usage, ensuring secure storage of data from the cash register.

ARI10 COMPANY UPDATE ??

Employee Insights #4 - Monika Kaczmarek! ??

In this series spotlighting key figures at Ari10, we’re excited to introduce the leader of our Customer Care department, Monika Kaczmarek.

Today, professional customer care is widely recognized as essential to a company's competitiveness in both traditional and crypto markets. Monika exemplifies this, and as she says:

"?? ???????????? ???? ???????????????????? ?????????? ?????? ?????????????????? ???? ???? ????????'?? ????????, ???????????????? ???????????????????????? ?????????????? ?????? ?????????????? ?????? ??????10'?? ??????????????????."

Monika’s commitment was recently celebrated when she was honored as one of our Employees of the Year at the Ari10 Partners Gala.

We’re grateful to have Monika on the team - her drive and dedication have been clear from day one. In just a year and a half, she earned her promotion to department leader and has excelled ever since.

As the saying goes, Monika is truly the right person in the right place!

Want to compete with big e-commerce players? Here's how crypto payments can be your edge.

Let's face it - large e-commerce businesses can always offer lower prices due to their volume advantages.

But here's what most small e-commerce owners don't realize:

You don't need to compete on price alone.

Here's why accepting crypto payments can be your competitive advantage:

→ Stand out from traditional competitors

→ Tap into a new customer base

→ Offer innovative payment solutions

→ Build a modern brand image

The reality is, while big players focus on cutting margins, you can focus on innovation.

By implementing crypto payments, you're not just following trends - you're leading them.

Think differently about competition:

- Instead of smaller margins, offer more choices

- Instead of price wars, create value

- Instead of following giants, chart your own path

Remember: Innovation in payments can be your key differentiator in today's market.

What innovative solutions are you considering for your e-commerce business?