4th of July Road Trip - Valley of the Fire Nevada USA

Happy 4th of July, today I am taking you on a special road trip to one of the most magical places in America. An arid landscape that was covered with life and history way before Europeans arrived in this neck of the woods.


The Valley of the Fire is a state park located in the state of Nevada, USA about 1 hour drive northeast of Las Vegas. Truly stunning, the park is know for its red sandstone mountain formations, which contrast against the stunning and even more dominant white limestone mountains. 
The landscape is completely dry and it is hard to imagine that any culture was able to survive in the area. But proof is in the pudding and basically everywhere. Check out the video slide below for some beautiful images that I captured while visiting this unforgettable place.

Preservation is a must so other generations can enjoy and witness the wonders of this place.

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LedgerX just launched the first physical Bitcoin futures contracts in the USA


Ahead of Bakkt and TD Ameritrade, LedgerX now offers physical Bitcoin futures contracts in the USA for both institutional and retail investors.  According to Coindesk: "Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin." That is enabled by LedgerX newly released Omni platform 





In light of the negative statements made about Bitcoin by US president Donald Trump and the treasury department few weeks ago.  As well as the regulatory questions raised by Facebook Libra, the news of an approved Physical Bitcoin ETF is a very positive surprise for crypto supporters. 

 Erik Voorhes CEO of Shapeshift, made an announcement on Twitter stating:  "Pretty dope... Moreover, customers don’t need to put U.S. dollars in to bet on the product. Chou explained that traders can buy contracts using bitcoin." Traders now can simply deposit bitcoin instead of dollars when purchasing a contract. The CEO of LedgerX, Paul Chou explained in detail "not only are they delivered physically in the sense that our customers can get bitcoin after the futures expires, but also they can deposit bitcoin to trade in the first place,” he said. “Cash-settled is cash-in and cash-out, we’re bitcoin-in and bitcoin-out." 

Coindesk explains that for the first time Bitcoin can be used as a collateral for a contract that is sold by a regulated company. And that brings significant advantages

  • No need to wait on time limitations from the banking systems, such as wire transfer times, and business hours. Ex: Bitcoin can be traded anytime and anyday while banking system stops on weekends.
  • Physically-settled contracts can potentially be less sustainable to manipulation than cash-settled futures contracts.
  • No need for contact with the banking system. Cryptocurrency, in this case is the only collateral. 

Few competitors will certainly come along now that LedgerX has received the necessary CFTC approvals. As for the price, Bitcoin has shown a 3.8% increase in the last 24 hours.

By: Michelle Mafra (Mamacrypto) 
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