tag:blogger.com,1999:blog-60808569065364239322024-03-29T02:33:32.294+00:00Crypto Savvy - Latest News and Updates, Top Stories Discover the world of cryptocurrencies with Crypto Savvy. Learn how to trade, invest, and grow your wealth in this exciting market with expert insights and resourcesUnknownnoreply@blogger.comBlogger5084125tag:blogger.com,1999:blog-6080856906536423932.post-52580767617871664342023-01-14T12:11:00.001+00:002023-01-14T12:21:42.698+00:00 How Does Inflation Affect Cryptocurrencies?<p style="text-align: justify;"><span style="font-family: arial;">Inflation can have an impact on cryptocurrencies in a few different ways. First, as with any asset, if the general price level of goods and services in an economy is rising, this can lead to an increase in the price of cryptocurrencies as well. Additionally, if inflation is high and the value of fiat currencies is decreasing, this can make cryptocurrencies more attractive as a store of value. On the other hand, if a government takes steps to crack down on cryptocurrencies or if public sentiment turns negative, this can lead to a decrease in the price of cryptocurrencies.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8CeMB28750EyZT1VnX4CnOq7A88MvNXPYwyh8tnoSaTMcJlS0Z_UGOCc_FuVqdEj8DYtH3xxfUPNGgEIs_yrMgxEmKfCMqOHkN6vbOw6ZXqJb98-gboKl8Q5FFSUut5FhAUGrsD7igEAUiHOXUGkGnnbE16RytXm6aHEky_n7vio6zniERrbRKJgI/s1105/How%20Does%20Inflation%20Affect%20Cryptocurrencies.JPG" style="margin-left: 1em; margin-right: 1em;"><img alt="How Does Inflation Affect Cryptocurrencies" border="0" data-original-height="470" data-original-width="1105" height="272" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8CeMB28750EyZT1VnX4CnOq7A88MvNXPYwyh8tnoSaTMcJlS0Z_UGOCc_FuVqdEj8DYtH3xxfUPNGgEIs_yrMgxEmKfCMqOHkN6vbOw6ZXqJb98-gboKl8Q5FFSUut5FhAUGrsD7igEAUiHOXUGkGnnbE16RytXm6aHEky_n7vio6zniERrbRKJgI/w640-h272/How%20Does%20Inflation%20Affect%20Cryptocurrencies.JPG" title="How Does Inflation Affect Cryptocurrencies" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">Inflation is a measure of the rate at which the general level of prices for goods and services is rising and subsequently purchasing power is falling. Cryptocurrencies, on the other hand, are digital or virtual currencies that use cryptography for security and operate independently of a central bank.</span></p><p style="text-align: justify;"><span style="font-family: arial;">We will discuss how inflation affects cryptocurrencies and the potential impact it has on the value of these digital assets.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">1. Inflation and Cryptocurrency Prices</span></h2><p style="text-align: justify;"><span style="font-family: arial;">Rising prices of goods and services in an economy can lead to an increase in the price of cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">One of the most straightforward ways in which inflation can affect cryptocurrencies is through changes in their prices. As with any asset, if the general price level of goods and services in an economy is rising, this can lead to an increase in the price of cryptocurrencies as well. The reason for this is that as the cost of living increases, investors may seek out alternative investments that can provide a hedge against inflation. As a result, they may turn to cryptocurrencies as a store of value, driving up demand and the price of these digital assets.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">2. Cryptocurrencies as a Store of Value</span></h2><p style="text-align: justify;"><span style="font-family: arial;">High inflation and a decrease in the value of fiat currencies can make cryptocurrencies more attractive as a store of value.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In addition to affecting the price of cryptocurrencies, inflation can also impact their use as a store of value. If inflation is high and the value of fiat currencies is decreasing, this can make cryptocurrencies more attractive as a store of value. Cryptocurrencies, such as <a href="https://www.cryptosavvy.com/2022/02/what-determines-price-bitcoin.html" target="_blank">Bitcoin</a>, are decentralized and operate independently of a central bank, meaning they are not subject to the monetary policies that can lead to inflation. As a result, they may be seen as a safe haven for investors looking to protect their wealth from inflation.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">3. Government Regulations and Public Sentiment</span></h2><p style="text-align: justify;"><span style="font-family: arial;">Government crackdowns on cryptocurrencies or negative public sentiment can lead to a decrease in the price of cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">While inflation can have a positive impact on the price of cryptocurrencies, there are also potential downsides to consider. If a government takes steps to crack down on cryptocurrencies or if public sentiment turns negative, this can lead to a decrease in the price of cryptocurrencies. Government regulations can make it difficult for individuals and businesses to buy, sell, and use cryptocurrencies, reducing demand and pushing prices down. Similarly, negative public sentiment can lead to a lack of trust in cryptocurrencies, causing investors to shy away from these assets.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">4. Cryptocurrency and Inflation hedge</span></h2><p style="text-align: justify;"><span style="font-family: arial;">In addition to the above points, it's worth noting that some investors look for alternative investments that are not correlated with traditional markets. As a result, some consider cryptocurrencies as a hedge against inflation. The idea behind this is that while the value of traditional assets such as stocks and bonds may be affected by inflation, the value of cryptocurrencies may not be. Since they are not dependent on the stability of a specific economy, they can be a good way to diversify a portfolio and protect against inflation.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">5. The relationship between cryptocurrency mining costs and inflation</span></h2><p style="text-align: justify;"><span style="font-family: arial;">As the cost of electricity, hardware, and other expenses associated with mining cryptocurrencies increases due to inflation, it can make mining less profitable and affect the supply and demand of certain cryptocurrencies. This can lead to a decrease in the number of miners, which in turn can lead to a decrease in the supply of certain cryptocurrencies and push prices up.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">6. The impact of monetary policy on cryptocurrency prices</span></h2><p style="text-align: justify;"><span style="font-family: arial;">Central banks' monetary policies can affect inflation and the value of fiat currencies, which in turn can impact the demand for cryptocurrencies as a store of value. For example, if a central bank raises interest rates, this can lead to a decrease in the value of fiat currencies and an increase in the demand for cryptocurrencies. On the other hand, if a central bank lowers interest rates, this can lead to an increase in the value of fiat currencies and a decrease in the demand for cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">7. The role of cryptocurrency in inflationary economies</span></h2><p style="text-align: justify;"><span style="font-family: arial;">In countries with high inflation and unstable fiat currencies, cryptocurrencies may be seen as a more reliable store of value and a way for individuals to protect their savings. This can lead to an increase in the adoption and use of cryptocurrencies in these countries as a means of preserving purchasing power.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">8. The potential for cryptocurrency to become a global reserve currency</span></h2><p style="text-align: justify;"><span style="font-family: arial;">With the increasing recognition of cryptocurrencies as a legitimate form of currency, it's possible that they could one day become a global reserve currency and provide a hedge against inflation for the entire world. This could potentially disrupt traditional financial systems and change the way we think about inflation and the global economy.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">9. The impact of inflation on cryptocurrency adoption</span></h2><p style="text-align: justify;"><span style="font-family: arial;">High inflation can lead to a decrease in the purchasing power of fiat currencies, which in turn can increase the adoption of cryptocurrencies as a means of payment. As inflation erodes the value of fiat currencies, individuals and businesses may turn to cryptocurrencies as a more stable form of payment.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Furthermore, as the adoption of cryptocurrencies increases, it may create new opportunities for individuals and businesses to transact and store value in new ways, which could potentially lead to changes in the traditional understanding of inflation. Cryptocurrency technology and its underlying blockchain technology, can also potentially be used to create new types of financial instruments and create new ways to store value, which could ultimately change the way we think about inflation and the economy.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">10. The impact of cryptocurrency on inflation</span></h2><p style="text-align: justify;"><span style="font-family: arial;">The growing use of cryptocurrencies as a form of payment and store of value could also have an impact on inflation by reducing the demand for fiat currencies and making it more difficult for governments to control inflation through monetary policy. As more individuals and businesses adopt and use cryptocurrencies, the demand for fiat currencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">11. The impact of cryptocurrency on global economy</span></h2><p style="text-align: justify;"><span style="font-family: arial;">Cryptocurrency could potentially disrupt traditional financial systems and change the way we think about inflation and the global economy.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The growing use of cryptocurrencies has the potential to disrupt traditional financial systems and change the way we think about inflation and the global economy. Cryptocurrency can enable fast, low-cost, and borderless transactions, which could potentially lead to a decrease in the demand for traditional financial institutions and a shift towards a more decentralized financial system. This could also lead to changes in monetary policy and the way governments control inflation.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">It's also worth noting that the relationship between inflation and cryptocurrencies is not always clear cut. <a href="https://www.cryptosavvy.com/2023/01/cryptocurrency-market-rise-2023.html" target="_blank">Cryptocurrency markets</a> are highly volatile and can be affected by a wide range of factors, including changes in technology, regulations, and global economic conditions. For example, changes in interest rates, political events, or other economic factors can also have a significant impact on the value of cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Moreover, while some investors may see cryptocurrencies as a hedge against inflation, it's also possible that they could be affected by inflation in other ways. For example, if inflation leads to a decrease in the value of fiat currencies, this could make it more expensive to buy and hold cryptocurrencies, reducing demand and pushing prices down.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Another point to consider is that not all cryptocurrencies are created equal. Some cryptocurrencies, such as Bitcoin, are seen as more stable and reliable store of value, while others, such as newer and less established coins, can be highly speculative and their value can be affected by <a href="https://www.cryptosavvy.com/2023/01/cryptocurrency-market-rise-2023.html" target="_blank">market speculation</a>.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Indeed, the concept of 'inflation' in the context of cryptocurrencies is different from fiat currencies. In the traditional sense, inflation is caused by the increase in the money supply, but this is not the case with cryptocurrencies. Cryptocurrency prices are determined by the supply and demand of the coin, as well as the overall <a href="https://www.cryptosavvy.com/2023/01/reasons-cryptocurrency-market-recover-2023.html" target="_blank">sentiment of the market</a>. while inflation can have an impact on cryptocurrencies, the relationship between the two is not always clear cut. Cryptocurrency markets are highly volatile and can be affected by a wide range of factors. It's important to consider multiple factors when evaluating the potential impact of inflation on any cryptocurrency and to keep in mind that each cryptocurrency is unique and may be affected differently by inflation.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In conclusion, inflation can have a significant impact on the value of cryptocurrencies. While rising prices can lead to an increase in the value of these digital assets, government regulations, negative public sentiment, and mining costs can have the opposite effect. Additionally, some investors consider cryptocurrencies as a hedge against inflation and a way to diversify their portfolio. </span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The impact of cryptocurrency on global economy and its potential to disrupt traditional financial systems and change the way we think about inflation, should be considered as well. However, it's important to keep in mind that the relationship between inflation and cryptocurrencies is complex and constantly evolving, and it's always wise to consider multiple factors when evaluating the potential impact on any asset.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-17881929429775826512023-01-10T22:41:00.018+00:002023-01-10T22:41:00.186+00:003 Major Reasons Cryptocurrency Market Will Recover in 2023 <p style="text-align: justify;"><span style="font-family: verdana;">Cryptocurrency is a digital asset that uses cryptography for secure financial transactions. It is decentralized, meaning it is not controlled by a central authority, and is based on a decentralized ledger technology called blockchain. The cryptocurrency market has experienced significant growth and volatility since its inception, but the increasing institutional investment and acceptance could also drive the potential rise of the cryptocurrency market in 2023. As more companies and organizations begin to invest in and accept cryptocurrency, it could increase confidence in the market and make it more appealing to a wider range of investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, the potential for the cryptocurrency market to recover in 2023 is significant, but it is important to remember that investing in cryptocurrency carries risks and uncertainties. It is important for individuals to carefully consider their options and make informed investment decisions based on their own financial goals and risk tolerance. Stay informed about the latest developments in the cryptocurrency market and be prepared for potential changes and challenges.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDLjjUGDHWZQdI6zoHPGL86853_TMstiLNqzqNZSbdIUGTW9oU5fd7ZL1BFrKsaBNNMCSNBC0mdbZnztVVje6MuGTWc_1c-wHOtsRzfqbamE3yQoeXJDpMvjESTJSUv20_44Jxcwha4Sw_wtyPCqvqyVZXbRlnzCJECT92cCZznG-L83GPNCPyistD/s1200/reasons%20cryptocurrency%20market%20will%20recover%20in%202023%20.webp" style="margin-left: 1em; margin-right: 1em;"><img alt="3 major reasons cryptocurrency market will recover in 2023" border="0" data-original-height="675" data-original-width="1200" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDLjjUGDHWZQdI6zoHPGL86853_TMstiLNqzqNZSbdIUGTW9oU5fd7ZL1BFrKsaBNNMCSNBC0mdbZnztVVje6MuGTWc_1c-wHOtsRzfqbamE3yQoeXJDpMvjESTJSUv20_44Jxcwha4Sw_wtyPCqvqyVZXbRlnzCJECT92cCZznG-L83GPNCPyistD/w640-h360/reasons%20cryptocurrency%20market%20will%20recover%20in%202023%20.webp" title="3 major reasons cryptocurrency market will recover in 2023" width="640" /></a></div><br /><span style="font-family: verdana;"><br /></span><p></p><h2 style="text-align: justify;"><b><span style="font-family: verdana;">Factors contributing to the rise of the cryptocurrency market in 2023</span></b></h2><div style="text-align: justify;"><span style="font-family: verdana;">One major issue facing the cryptocurrency market is market volatility and price fluctuations. Cryptocurrency prices are highly volatile and can fluctuate significantly in a short period of time. This can make it difficult for investors to predict the value of their investments and can create uncertainty in the market.</span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><div style="text-align: justify;"><span style="font-family: verdana;">There are several factors that could potentially drive the rise of the cryptocurrency market in 2023. One major factor is advances in blockchain technology. Blockchain is the decentralized ledger technology that underlies most cryptocurrencies, and ongoing developments in this field could lead to increased efficiency and security in cryptocurrency transactions.</span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: verdana;">Increased adoption by mainstream institutions and businesses</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">One factor that could contribute to the rise of the cryptocurrency market in 2023 is the increasing adoption by mainstream institutions and businesses. As more companies and organizations begin to accept and use cryptocurrency for financial transactions, it could lead to greater trust and acceptance among the general public. This could also increase the liquidity and stability of the market, making it more attractive to investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Improved regulatory framework for cryptocurrency</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">Improved regulatory frameworks for cryptocurrency could also contribute to the rise of the market in 2023. As governments and regulatory bodies develop clear guidelines and regulations for the use and trade of cryptocurrency, it could increase confidence in the market and make it more appealing to investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Growing public awareness and understanding of cryptocurrency</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">Growing public awareness and understanding of cryptocurrency could also play a role in the rise of the market in 2023. As more people become educated about the benefits and risks of investing in cryptocurrency, it could lead to increased demand and participation in the market.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Increasing demand for alternative investment opportunities</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">The increasing demand for alternative investment opportunities could also contribute to the recovery of the cryptocurrency market in 2023. With traditional financial markets experiencing uncertainty and volatility, many investors may be looking for alternative options with the potential for high returns. Cryptocurrency could be seen as a viable alternative, particularly for those looking for long-term investment opportunities.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><br /></p><h2 style="text-align: justify;"><span style="font-family: verdana;">Potential impact of the rise of the cryptocurrency market in 2023</span></h2><div><br /></div><p style="text-align: justify;"><span style="font-family: verdana; font-size: medium;">Growing recognition of the potential benefits of cryptocurrency could also contribute to the rise of the market in 2023. Cryptocurrency offers several benefits over traditional financial systems, such as lower transaction costs, faster transaction speeds, and greater financial inclusion. As more people become aware of these benefits, it could increase demand for cryptocurrency.</span></p><div style="text-align: justify;"><span style="font-size: medium; font-weight: 400;"><span style="font-family: verdana;"><br /></span></span></div><h3 style="text-align: justify;"><span style="font-family: verdana;">Increased liquidity and market stability</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">If the cryptocurrency market does rise in 2023, it could have significant implications for both the financial industry and the wider economy. Increased liquidity and market stability could lead to a more stable and predictable market, which could attract a larger number of investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Wider adoption of cryptocurrency as a means of payment</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">The wider adoption of cryptocurrency as a means of payment could also have significant implications. Cryptocurrency transactions are typically faster and cheaper than traditional financial transactions, and they can be conducted anywhere in the world. If more people begin using cryptocurrency as a means of payment, it could lead to greater efficiency and convenience in financial transactions.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Potential disruption of traditional financial systems</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">The rise of the cryptocurrency market in 2023 could potentially disrupt traditional financial systems. Cryptocurrency is decentralized, meaning it is not controlled by a central authority, and it relies on blockchain technology rather than traditional financial institutions. If the cryptocurrency market grows significantly, it could potentially challenge the dominance of traditional financial systems and lead to the development of new financial models.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: verdana;">Challenges and risks to the rise of the cryptocurrency market in 2023</span></h2><div style="text-align: justify;"><span style="font-family: verdana;">The rising demand for alternative investment options could also drive the potential rise of the cryptocurrency market in 2023. With traditional financial markets experiencing uncertainty and volatility, many investors may be looking for alternative options with the potential for high returns. Cryptocurrency could be seen as a viable alternative, particularly for those looking for long-term investment opportunities.</span></div><div style="text-align: justify;"><span style="font-family: verdana;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: verdana;">Regulatory uncertainty</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">There are several challenges and risks that could potentially hinder the rise of the cryptocurrency market in 2023. One major challenge is regulatory uncertainty. Many countries have not yet developed clear guidelines and regulations for the use and trade of cryptocurrency, which could create uncertainty and discourage investment.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Security and cybersecurity concerns</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">Another significant risk is security and cybersecurity. Cryptocurrency transactions rely on complex cryptographic algorithms to ensure security, but they are not completely foolproof. There have been instances of cryptocurrency exchanges and wallets being hacked, leading to the loss of funds for investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">Market manipulation and fraud</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">Finally, market manipulation and fraud are also potential risks that could affect the rise of the cryptocurrency market in 2023. Cryptocurrency is a relatively new and largely unregulated market, making it vulnerable to unscrupulous actors who may try to manipulate prices or defraud investors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Despite the potential challenges and risks, the potential for the cryptocurrency market to recover in 2023 is significant. Factors such as increasing acceptance and adoption by mainstream institutions and businesses, improved regulatory frameworks, and growing public awareness and understanding of cryptocurrency could all contribute to the rise of the market. However, it is important for individuals to carefully consider the risks and uncertainties involved in investing in cryptocurrency and make informed investment decisions based on their own financial goals and risk tolerance..</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-32348925626427880362023-01-10T15:00:00.002+00:002023-01-10T21:23:32.153+00:00The High Cost of Health Insurance Premiums in U.S: A Complex Issue with No Easy Solutions<p style="text-align: justify;"><span style="font-family: verdana;">Health insurance premiums in the United States have been a hot topic of debate for many years. According to a 2019 report by the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance was $7,188 for single coverage and $20,576 for family coverage. These premiums have continued to rise over the years, leading to concern among many Americans about their ability to afford health insurance.</span></p><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimG0dpGJoqwNalQbTq7mzRvEuVSWduCublSb9lMC2wNSMxPHm4W75SwUrOyeyAj5JqK7R9D9jpspS5rOXK-A-Q6zq77y-vAEAlT2XItssGomQ0C6usndDH4pvxF27jvlj7-V5Ui1QL6qHSW_VclZuISlcwgOUcLhKc4yWI2_4nngoBTN9ZnNlJyQiD/s636/Health%20Insurance%20Premiums%20in%20the%20United%20States.jpg" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="The High Cost of Health Insurance Premiums in the United States: A Complex Issue with No Easy Solutions" border="0" data-original-height="358" data-original-width="636" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimG0dpGJoqwNalQbTq7mzRvEuVSWduCublSb9lMC2wNSMxPHm4W75SwUrOyeyAj5JqK7R9D9jpspS5rOXK-A-Q6zq77y-vAEAlT2XItssGomQ0C6usndDH4pvxF27jvlj7-V5Ui1QL6qHSW_VclZuISlcwgOUcLhKc4yWI2_4nngoBTN9ZnNlJyQiD/w640-h360/Health%20Insurance%20Premiums%20in%20the%20United%20States.jpg" title="The High Cost of Health Insurance Premiums in the United States: A Complex Issue with No Easy Solutions" width="640" /></span></a></div><span style="font-family: verdana;"><div style="text-align: justify;"><br /></div></span><p style="text-align: justify;"><span style="font-family: verdana;">There are several factors that contribute to the high cost of health insurance premiums in the United States. One of the main reasons is the high cost of medical care. The United States has some of the highest healthcare costs in the world, with prices for medical procedures and treatments often much higher than in other countries. This high cost of care is passed on to consumers in the form of higher insurance premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Another factor contributing to the high cost of health insurance premiums is the lack of competition in the market. Many areas of the country have only a few health insurance providers, which allows them to set higher premiums without fear of losing customers to competitors. Additionally, the high overhead costs of running a health insurance company, including administrative costs and profits, also contribute to the high cost of premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">There are several ways that the government and private insurers are trying to address the issue of high health insurance premiums in the United States. One approach is to increase competition in the market by encouraging the development of new health insurance providers. Another approach is to implement cost-saving measures, such as value-based pricing and the use of generic drugs, to help lower the cost of medical care.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Additionally, the high cost of health insurance premiums can also have negative effects on small businesses. Many small businesses are unable to afford the high cost of providing health insurance to their employees, which can lead to a lack of coverage for those workers. This lack of coverage can have serious consequences for employees, including financial hardship and difficulty accessing medical care.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">One potential solution to the problem of high health insurance premiums is the implementation of a universal healthcare system, similar to those in other countries. Under a universal healthcare system, the government would be responsible for providing healthcare to all citizens, eliminating the need for private health insurance. This approach has the potential to significantly reduce the cost of healthcare, as it would eliminate the need for profits and administrative costs associated with private insurance companies.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, there are also drawbacks to a universal healthcare system. Some critics argue that it could lead to longer wait times for medical care, as it may be difficult to meet the healthcare needs of a large population. Additionally, it would require significant government spending, which could lead to higher taxes or other financial burdens for citizens.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">One possible solution to the high cost of health insurance premiums is the implementation of a single payer healthcare system. Under a single payer system, the government would be responsible for paying for all healthcare services, eliminating the need for private health insurance. This approach has the potential to significantly reduce the cost of healthcare, as it would eliminate the need for profits and administrative costs associated with private insurance companies.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, there are also drawbacks to a single payer healthcare system. Some critics argue that it could lead to longer wait times for medical care, as it may be difficult to meet the healthcare needs of a large population. Additionally, it would require significant government spending, which could lead to higher taxes or other financial burdens for citizens.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Another approach to reducing the cost of health insurance premiums is the implementation of a public option, where the government provides a healthcare plan that is available to all citizens. This approach would increase competition in the market and potentially lower premiums for individuals and businesses. However, it could also lead to lower reimbursement rates for healthcare providers, which could discourage some providers from participating in the program.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">The cost of Health Insurance Premiums in U.S</span></h3><p style="text-align: justify;"><span style="font-family: verdana;">Health insurance premiums in the United States are a significant financial burden for many individuals and families. The high cost of premiums can make it difficult for people to access the healthcare they need and can contribute to financial stress and insecurity.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">There are several factors that contribute to the high cost of health insurance premiums in the United States. One major factor is the high cost of healthcare in the country. The United States has some of the highest healthcare costs in the world, and these costs are passed on to consumers in the form of higher premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Other factors that contribute to the high cost of health insurance premiums in the United States include the lack of competition in the healthcare market, administrative costs associated with the healthcare system, and the high cost of prescription drugs. The high cost of premiums can be particularly challenging for people with pre-existing medical conditions, who may have difficulty finding affordable coverage.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The high cost of health insurance premiums in the United States is a significant issue that affects many people. It can make it difficult for people to access the healthcare they need and can contribute to financial stress and insecurity. Addressing the issue will require a multi-faceted approach that considers the needs and concerns of all stakeholders.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The structure of the health insurance market in the United States also contributes to the high cost of premiums. Many people get their health insurance through their employer, and the cost of premiums is often shared between the employer and the employee. However, for those who do not have employer-based coverage, the cost of premiums can be extremely high, particularly for those who are self-employed or who work for small businesses that do not offer health insurance.</span></p><p style="text-align: justify;"><span style="font-family: verdana;">Another factor that contributes to the high cost of health insurance premiums in the United States is the lack of transparency in the healthcare system. It can be difficult for consumers to understand the cost of healthcare services, and this lack of transparency can contribute to higher premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, the high cost of prescription drugs in the United States is also a significant factor in the high cost of health insurance premiums. Prescription drugs can be very expensive, and the cost of these drugs is passed on to consumers in the form of higher premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana;">There are several approaches that have been proposed to address the issue of high health insurance premiums in the United States:</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;">Indeed, the high cost of health insurance premiums in the United States is a complex issue with no easy solutions. It requires a multi-faceted approach that considers the needs and concerns of all stakeholders, including consumers, healthcare providers, and policy makers. </span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">1- Increase competition in the market: Encouraging the development of new health insurance providers and increasing the number of options available to consumers can help drive down premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">2- Implement cost-saving measures: Value-based pricing and the use of generic drugs are examples of measures that can help lower the cost of medical care, which in turn could lower premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">3- Implement a universal healthcare system: Under a universal healthcare system, the government would be responsible for providing healthcare to all citizens, eliminating the need for private health insurance.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">4- Implement a single payer healthcare system: Under a single payer system, the government would be responsible for paying for all healthcare services, eliminating the need for private health insurance.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">5- Implement a public option: A public option is a healthcare plan provided by the government that is available to all citizens. This approach would increase competition in the market and potentially lower premiums for individuals and businesses.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">6-Combination of approaches: It is likely that the solution to the high cost of health insurance premiums will require a combination of approaches, including increasing competition in the market, implementing cost-saving measures, and potentially implementing a universal or single payer healthcare system.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">7-Reform the healthcare system: Reforms to the healthcare system, such as allowing the importation of drugs from other countries or allowing healthcare providers to negotiate directly with pharmaceutical companies, could help lower the overall cost of healthcare and reduce premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">8-Encourage the use of preventive care: Encouraging the use of preventive care, such as regular check-ups and screenings, can help catch and treat medical conditions before they become more serious and costly. This can ultimately lead to lower healthcare costs and lower premiums.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">9-Implement price transparency: Making healthcare prices more transparent can help consumers make more informed decisions about their healthcare and potentially lower costs.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">10-Encourage the use of technology: The use of technology, such as telemedicine and electronic health records, can help streamline the healthcare process and reduce costs.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Addressing the high cost of health insurance premiums in the United States will likely require a combination of policy reforms, cost-saving measures, and the adoption of new technologies to ultimately lower premiums and improve the affordability of healthcare for all Americans.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Ultimately, the solution to the high cost of health insurance premiums in the United States will likely require a combination of approaches. It is important for policymakers to carefully consider the pros and cons of different solutions and work to find a balanced approach that addresses the needs of all stakeholders, including individuals, businesses, and healthcare providers.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-85771783831708223642023-01-09T22:29:00.002+00:002023-01-09T23:11:45.286+00:00How The Cryptocurrency Market May Rise In 2023<p style="text-align: justify;"><span style="font-family: verdana;">In recent years, the cryptocurrency market has seen significant volatility, with the value of many coins fluctuating wildly. However, there are a number of reasons why the market may rise in the coming years, and in this video, we will explore some of the key factors that could contribute to this potential growth.</span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHUMONNt4HaRrYhlZYs4WBArt6nOMOo3sa_3sUiihrvbwioQeh31nR4tQNWR5zc58DhvyLmedOyNrenOOhTqajHOOuIy-7w4z25_vrEhVKHzganWmzj-26Tpdg0tCN1cHtQ87nYRRMY4eDmBvxZr4vw1yRJwxHhK3136EyAom2FTaWZyf6hpVNxin1/s900/Cryptocurrency%20Market%20May%20Rise%20In%202023.jpg" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Cryptocurrency Market May Rise In 2023" border="0" data-original-height="506" data-original-width="900" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHUMONNt4HaRrYhlZYs4WBArt6nOMOo3sa_3sUiihrvbwioQeh31nR4tQNWR5zc58DhvyLmedOyNrenOOhTqajHOOuIy-7w4z25_vrEhVKHzganWmzj-26Tpdg0tCN1cHtQ87nYRRMY4eDmBvxZr4vw1yRJwxHhK3136EyAom2FTaWZyf6hpVNxin1/w640-h360/Cryptocurrency%20Market%20May%20Rise%20In%202023.jpg" title="Cryptocurrency Market May Rise In 2023" width="640" /></span></a></div><span style="font-family: verdana;"><br /></span><h3 style="text-align: justify;"><span style="font-family: verdana;">10 Major factors To The rise of Cryptocurrency Market In 2023</span></h3><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#1: Increased adoption. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">One of the main drivers of the cryptocurrency market is the level of adoption by individuals and businesses. As more people and organizations begin to use cryptocurrencies for a variety of purposes, the demand for these coins may increase, leading to a rise in their value. This could be driven by an increase in the number of merchants accepting cryptocurrencies as payment, the adoption of cryptocurrencies by more individuals and organizations as a store of value, or the use of cryptocurrencies for remittances or cross-border payments.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#2: Growing awareness. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Another factor that could contribute to the rise of the cryptocurrency market is an increase in awareness of these coins among the general public. As more people become aware of the benefits of cryptocurrencies, such as their decentralized nature and the ability to make fast and cheap transactions, they may be more likely to invest in these coins. This could be driven by positive media coverage, educational campaigns, or the success of particular coins or projects that showcase the utility and potential of cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#3: Maturing market. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As the cryptocurrency market matures, it may become more stable and less prone to wild price fluctuations. This could make it more appealing to mainstream investors who may have been hesitant to invest in the past due to the perceived risks. As more people and organizations become familiar with cryptocurrencies and their underlying technology, the market may become less prone to irrational exuberance or fear-based selling.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b> #4: Improved security. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As the infrastructure for cryptocurrencies improves, it may become more secure and less vulnerable to attacks or fraud. This could increase investor confidence and lead to a rise in the market. For example, if the underlying blockchain networks for cryptocurrencies are able to effectively defend against cyberattacks or other forms of tampering, it could increase investor confidence and drive up demand.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"> </span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#5: Greater liquidity. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As the market matures, it may become easier to buy and sell cryptocurrencies, leading to increased liquidity and less volatility. This could make it more appealing to mainstream investors and drive up demand. For example, if more exchanges are created or if more merchants begin to accept cryptocurrencies as payment, it could make it easier for people to buy and sell these coins, leading to a more stable market.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b><br /></b></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#6: Wider adoption of blockchain technology. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As more industries and businesses adopt blockchain technology, it could lead to greater demand for cryptocurrencies and a rise in their value. For example, if more supply chain companies adopt blockchain-based systems to track goods, it could increase the demand for cryptocurrencies that are used to facilitate these transactions.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#7: Improved scalability. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">If the underlying blockchain networks for cryptocurrencies are able to improve their scalability, it could make it easier for these coins to be used for a wider variety of purposes, leading to an increase in demand. For example, if the networks are able to handle more transactions per second, it could make it more practical to use cryptocurrencies for everyday purchases or as a means of exchange.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#8: Greater regulatory clarity. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As governments around the world begin to clarify their positions on cryptocurrencies, it may increase investor confidence and lead to a rise in the market. This could include the introduction of more favorable laws and policies or the creation of clearer guidelines for the use of these coins. For example, if governments begin to recognize cryptocurrencies as legitimate assets or currencies, it could increase investor confidence and drive up demand.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#9: Increased institutional involvement. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As more financial institutions, such as hedge funds and investment firms, begin to invest in cryptocurrencies, it could lead to an influx of capital and a rise in the market. This could be driven by a belief that cryptocurrencies have long-term potential or by the search for new investment opportunities in a low-interest-rate environment.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><b>#10: Growing use cases. </b></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, the rise of the cryptocurrency market could be driven by the increasing number of use cases for these coins. As more people and businesses discover new and innovative ways to use cryptocurrencies, it could lead to an increase in demand and a rise in their value. For example, if cryptocurrencies are used more widely for cross-border payments or as a store of value in countries with unstable economies, it could increase demand and drive up their value.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><span>Overall</span><span>, there are a number of factors that could contribute to the rise of the cryptocurrency market in 2023. From increased adoption and awareness to improved security and scalability, there are many forces at work that could drive the market higher. </span><span>However, it is important to note that the market is still highly volatile and it is impossible to predict with certainty what will happen in the future.</span></span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-33573136033215182702022-12-02T21:47:00.004+00:002022-12-02T22:08:49.467+00:00Crypto Crash : Understand Everything About The New Collapse Of Bitcoin And Cryptos<p style="text-align: justify;"><span style="font-family: arial;">Bitcoin has become accustomed to following the movements of major stock market Indexes (especially American) and the strong correlation between the queen of cryptos (Bitcoin) with technological stock Indexes (as with the Nasdaq) is well established. . However, in recent days Bitcoin has been under strong downward pressure which does not seem to impact other stock markets.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXN3GSXc-_SmKXC5L2H_FJP_T2GzMn7KQpR6cQDAu4Ib0TVp5PY1hOQe1c8_zAdNcDdZft7yMQfC47kFZ6_HLQStxtTYXzq9VTKg9ZZYxh5tFILl8A_4a7uSGz1Q0-12i-Fy725H_OjFePYlj-gPbjJEOYuYeZpkgOI5euaZDPeBKWC-MGbZCh-B1N/s1250/Understand%20Everything%20About%20The%20New%20Fall%20Of%20Bitcoin%20And%20Cryptos.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Understand Everything About The New Fall Of Bitcoin And Cryptos" border="0" data-original-height="750" data-original-width="1250" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXN3GSXc-_SmKXC5L2H_FJP_T2GzMn7KQpR6cQDAu4Ib0TVp5PY1hOQe1c8_zAdNcDdZft7yMQfC47kFZ6_HLQStxtTYXzq9VTKg9ZZYxh5tFILl8A_4a7uSGz1Q0-12i-Fy725H_OjFePYlj-gPbjJEOYuYeZpkgOI5euaZDPeBKWC-MGbZCh-B1N/w640-h384/Understand%20Everything%20About%20The%20New%20Fall%20Of%20Bitcoin%20And%20Cryptos.jpg" title="Understand Everything About The New Fall Of Bitcoin And Cryptos" width="640" /></a></div><p></p><p style="text-align: justify;"><span style="font-family: arial;">In this article, we will decipher the situation of the cryptocurrency market and analyze three recent key events to better understand what is happening at the moment in the crypto universe. We will also show you the outlook for Bitcoin and cryptos for the end of 2022 and the beginning of 2023.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;"><b>THE BANKRUPTCY OF FTX</b></span></h2><p style="text-align: justify;"><span style="font-family: arial;">The FTX scandal and its bankruptcy are compared to the bankruptcy of Lehman Brothers, the American investment bank at the origin of the financial crisis of 2008. There are indeed similarities between the two bankruptcies. and the implications for the crypto world could be dire.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: arial;">Chart fall of the FTT Token following the FTX scandal</span></b></p><p style="text-align: justify;"><span style="font-family: arial;"></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: arial;"><img alt="Chart fall of the FTT Token following the FTX scandal" border="0" data-original-height="771" data-original-width="1280" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5AOVZ8zQGAgvR7HliQ-V7hL0GI433rUtXYVPlIjlbroujtcvpSWFkIgXkQ7QSns8UlWJSkuif3XbssNlo4aZSUWSuzkNt-75-No7YlfjSHyjCu8Vp7Ly940PZy9InUhvpspdic-c_4qfFqdQH5oKsYo4jxMNnM9BQaXS_SHmdT_uanNw7BPtQuYSw/w640-h386/1.png" title="Chart fall of the FTT Token following the FTX scandal" width="640" /></span></div><span style="font-family: arial;"><br /><br /></span><p></p><h3 style="text-align: justify;"><span style="font-family: arial;">Binance's FTX buyback offer and withdrawal</span></h3><p style="text-align: justify;"><span style="font-family: arial;">At first, the CEO of Binance, Changpeng Zhao (alias CZ), expressed his intention of wanting to come to the aid of his competitor FTX by proposing a takeover of the latter.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">A few days later, on November 9, 2022, the CEO of Binance finally announced that he was abandoning the takeover of FTX, citing the discovery of poor management of client capital following an audit.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">While there is indeed reason to believe that there was mismanagement of FTX client capital, many analysts believe that Binance's takeover proposal was an underhanded manipulation on their part.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">It would have allowed <a href="https://www.cryptosavvy.com/2022/02/binance-smart-chain-binance-chain.html" target="_blank">Binance</a> to limit the fall of the FTT token while it got rid of it, with the ultimate objective of causing the end of FTX by then announcing that it would give up the takeover of the company in difficulty. Binance is planning to be able to recover customers from its bankrupt competitor anyway, without the need to buy it out.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial;">Understand why Bitcoin collapse due to FTX</span></h4><p style="text-align: justify;"><span style="font-family: arial;">In the world of cryptos, the value of tokens is not only associated with the security that Bitcoin offers, but also with the credibility of the biggest players in the sector. Thus, when Mt Gox or Bitfinex went bankrupt, the credibility of the entire crypto universe was called into question. Especially since often, big scandals and bankruptcies are caused by the dishonest actions of the founders of these companies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In the FTX case, it is unlikely that the bankrupt company will be able to repay all the investors – many are at risk of suffering very large losses. The consequence could then be a loss of confidence in crypto currencies on the part of institutional investors as well as individuals. Hence the <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html" target="_blank">decline of Bitcoin</a>, but also of other crypto assets and tokens.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: arial;">Chart fall of Bitcoin following the FTX affair</span></b></p><div class="separator" style="clear: both; text-align: center;"><img alt="Understand everything about the new fall of bitcoin and cryptos" border="0" data-original-height="771" data-original-width="1280" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaZdIsMHUEQcGBxWNJ50MjPTJCaCbtc1inXzpO90i4oQLYTFn1lunLDv8xLVXFU8mEXELfgL2gFuAhw03BI77PMiZuX9Cats73gb-0ZD_TKXctbbIQhYDFKu6W1iH19gPx1pjhZBoLSK7Gm9b81nsHMmcnSLsesT-_4Eahdrd6Qc2-3eZJc_rdYbMd/w640-h386/2.png" title="Understand everything about the new fall of bitcoin and cryptos" width="640" /></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: justify;"><span style="font-family: arial;">Many crypto investors find it disappointing that such things can happen, because as Jeremy Allaire – CEO of Circle puts it: “It is disappointing to see technology created in response to the collapse of Lehman Brothers in 2008 producing its own version of this event”.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The bankruptcy of FTX could impact the 130 companies affiliated with it around the world.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: arial;">The FTX Hack</span></b></h4><p style="text-align: justify;"><span style="font-family: arial;">While FTX announced its bankruptcy on Friday, November 11, 2022, the FTX exchange platform suffered a computer attack on Saturday, November 12. More than $470 million was allegedly stolen during the hack.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">An event that adds to the already catastrophic situation, although the new CEO seeks to reassure investors by promising to do his best to secure the assets of customers, wherever they are.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The new liquidation specialist CEO is John Ray. He replaced Sam Bankman-Fried who resigned as the company filed for Chapter 11 bankruptcy protection.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Although the information about this hack is not yet very clear, many rumors are germinating on social networks – an investigation by the SEC is underway and should shed light on the entire matter.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: arial;">The record seizure of $1 billion in Bitcoins</span></b></h3><p style="text-align: justify;"><span style="font-family: arial;">While the most important event in the recent fall of cryptocurrencies is undoubtedly the FTX affair, there are other events that have gone almost unnoticed, while they too could play a role for the future of the crypto industry.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Indeed, on November 7, 2022, the American Department of Justice announced the seizure of more than 50,000 Bitcoins (i.e. 1 billion dollars at the time of the seizure) – a record seizure which comes from the Dark Net and more particularly from the site Silk Road, known as the online drug store.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This seizure could be followed by a massive sale of BTC by the American justice system, which would not be good news in a market context already weakened by the FTX affair.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In addition, and we will come back to this in more detail in the conclusion, this seizure could lead the authorities to accelerate the implementation of a stricter regulatory framework for the crypto-asset sector.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">The Trade Coin Club Ponzi</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">On November 6, 2022, another fraud case shook the crypto market, it was the “Trade Coin Club” scam which allegedly allowed four dishonest people to embezzle $300 million.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Although the amounts at stake are lower than for the FTX affair or the seizure of BTC by the American courts, it is still nearly 100,000 investors who have been scammed in this ponzi pyramid.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">As is often the case, the scammers promised a guaranteed return of 0.35% per day. This is an opportunity to remind you that there is no guaranteed, risk-free return on the stock markets – and especially on cryptocurrencies. The only risk-free guaranteed return investment offers are savings books and term accounts.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Either way, this scam is yet another stab at the trust investors place in the crypto world and further motivation for regulators to tighten the screws.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">What prospects for Bitcoin and cryptos at the end of 2022 and the beginning of 2023?</span></h3><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><p style="text-align: justify;"><span style="font-family: arial;">Following the violent fall of the crypto sector, there are several possible scenarios.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Analysis of past situations on Bitcoin</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">We could rely on the past and estimate that the decline is only temporary since the similar situations that Bitcoin has experienced have always been followed by an upward recovery. Many crypto investors seized good gain opportunities during the pullbacks caused by the biggest crypto scandals.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: arial;">The declines and recoveries after the biggest crypto scandals</span></b></p><div class="separator" style="clear: both; text-align: center;"><img alt="The declines and recoveries after the biggest crypto scandals" border="0" data-original-height="834" data-original-width="1029" height="518" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTDnAgxerCUVTH9Cj66GbaiQefGZaag2z0YChGsNEAGC3h6Y3I7FMRDiOeAxjzSfKvzAoSmbDIiMyDksT40iSggbt345GUWxXAHNQ5HoGNnMTBDVVyA3URXQHwl9oyZGYglQAPZpjFvuRBINsb_uqo6Mjje_tkePVM6OWbnmo-0K_1o-6sgpNu-6c5/w640-h518/3.jpg" title="The declines and recoveries after the biggest crypto scandals" width="640" /></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: arial;">It would then be an incredible investment opportunity to buy back at a low price, provided you have the ability to cash in a “drawdown” which could be significant. This is the preferred scenario of crypto fans on forums and on social networks.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">If this first scenario were to come true, we could see the <a href="https://www.cryptosavvy.com/2022/02/what-determines-price-bitcoin.html" target="_blank">price of Bitcoin</a> quickly return to pre-scandal levels, around USD 21,000 or even higher.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">The loss of confidence of crypto investors</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">However, it is also possible that this disaster will cause a real loss of confidence among institutional investors, which would have serious consequences for the future of the crypto-asset sector.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In such a context of loss of confidence, it is difficult to say how far Bitcoin could fall. However, we can anticipate that the USD 10,000 level will act as an important support.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: arial;">Cryptocurrency: Towards a stricter regulatory framework?</span></b></h3><p style="text-align: justify;"><span style="font-family: arial;">Less dramatically, but not without consequence, the regulators of the major economic powers could decide to speed up the implementation of stricter regulations, obliging players in the sector to comply with the standards imposed on banks and financial institutions.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This is a scenario also supported by Binance executives who advocate for more stable regulation of the crypto industry.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">While the latter scenario is good news in the long run, stricter regulation would undoubtedly cause the demise of many exchanges and other crypto platforms, as well as the ire of crypto lovers who advocate a model that must operate out of control.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p></p><p style="text-align: justify;"><span style="font-family: arial;">It would then be possible to see a decline continue in a more sustainable way on Bitcoin, reaching USD 14,000 or even USD 12,000, before things are organized at the regulatory level and an upward trend can to resume.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Let's go back to FTX, which was until recently the second largest crypto exchange in the world with a valuation of more than 30 billion dollar.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Founded by Sam Bankman-Fried (aka SBF), this cryptocurrency platform and exchange has taken a major position in the world of crypto assets, overtaking <a href="https://www.cryptosavvy.com/2021/10/coinbase-review-crypto-exchange.html" target="_blank">CoinBase</a> to position itself just behind the leader: Binance.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">FTX has managed to forge partnerships with celebrities (Tom Brady, Shaquille O'Neal, Gisèle Bündchen) and major sports teams (NBA, F1 Mercedes) allowing it to have a very high reputation - a stadium has even was renamed the "FTX Arena".</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Although headquartered in the Bahamas, FTX was perceived by crypto investors as a trusted intermediary. Like<a href="https://www.cryptosavvy.com/2022/02/binance-smart-chain-binance-chain.html" target="_blank"> Binance with its BNB token</a>, FTX also had its token (the FTT) and it was from this token that the problems started.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Following an investigation by the CoinDesk site which revealed that the Alameda Research fund, also belonging to Sam Bankman-Fried, held a very (too) large quantity of FTT tokens, suspicions of price manipulation and conflict of interest are born.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">After Binance announced the sale of its FTT tokens, due to information revealed by CoinDesk, the value of the FTT token fell sharply, jeopardizing the financial future of the FTX business and causing the ruin of its then multi founder. -billionaire.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Alameda (hedge fund) has also taken close to $1 billion from the funds of FTX clients, violating agreements with its clients and violating regulations.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-6081485994537747282022-10-12T00:01:00.002+01:002022-10-12T00:04:37.619+01:00Understanding The Ethereum Merge : Benefits and Risks <p style="text-align: justify;"><span style="font-family: verdana;">The Ethereum network, on which Ether, the second largest cryptocurrency in the world by market capitalization, depends, is about to experience the biggest change in its history: the transition from a Blockchain following a proof-of-work protocol to a Blockchain following a proof-of-stake protocol.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">This update of the Ethereum network will have a significant impact on the Blockchain's energy consumption, its transaction management capabilities, as well as the market structure and price of Ether (ETH).</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7ZaZw3vzaUxCH6hDALrJ56Lgizw6MI-eo-gX8CW5-xJlS2FvUdaeTt2AY8T49_3IDU7fXEohuXu7-ruEfCxZv3QJskT3ndoethPAocIx0JVDSnL-hgI-h-Dz-36Ax-3a0D7ssa4Vvdzjpb0-0dXX5c-vtWCCm8imSpQd4QY7hRDcNeRd2o9Jqo2PH/s1280/Understanding%20The%20Ethereum%20Merge.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Understanding The Ethereum Merge : Benefits and Risks" border="0" data-original-height="745" data-original-width="1280" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7ZaZw3vzaUxCH6hDALrJ56Lgizw6MI-eo-gX8CW5-xJlS2FvUdaeTt2AY8T49_3IDU7fXEohuXu7-ruEfCxZv3QJskT3ndoethPAocIx0JVDSnL-hgI-h-Dz-36Ax-3a0D7ssa4Vvdzjpb0-0dXX5c-vtWCCm8imSpQd4QY7hRDcNeRd2o9Jqo2PH/w640-h372/Understanding%20The%20Ethereum%20Merge.jpg" title="Understanding The Ethereum Merge : Benefits and Risks" width="640" /></a></div><span style="font-family: verdana;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: verdana;">The first advance was made on September 6, 2022 with Operation Bellatrix and it will be followed by Operation Paris before the end of the month.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Although the merger could benefit most users and a new category of miners, it also worries some players who could be the big losers of this new Blockchain.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Thus, the miners who had until then ensured the viability of the network find themselves penalized, while many users fear that the security and integrity of the cryptocurrency are threatened.</span></p><p style="text-align: justify;"><span style="font-family: verdana;">Decryption of a revolution in the world of crypto currencies.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: verdana;">What is “The Merge” on Ethereum?</span></h2><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In technical terms, "The Merge", or the merger, is the update that allows the Ethereum cryptocurrency to move from a Proof of Work (PoW) Blockchain to a Proof of Stake Blockchain. (Proof of Stake or PoS) – these two systems being two different ways of authenticating and validating transactions on a network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">With the proof-of-work consensus protocol, the transaction is validated by the miner who finds, as quickly as possible, a way to insert a transaction into a new block by solving a complex mathematical problem. Mining power translates into hash, which is the ability of miners to generate transactions in the network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Proof of stake radically changes the transaction validation mechanism. This protocol makes it possible to validate a transaction more quickly thanks to a staking process (immobilization of tokens to become a validator and obtain rewards). It is important to note that validators are randomly selected.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The Ethereum Foundation will request to have immobilized an amount of 32 ETH to be part of the list of candidates for the validation of a block. This sum represents the equivalent of 54,000$ at the time of writing this article in September 2022.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">This shift from proof-of-work to proof-of-stake will significantly increase network efficiency and scalability.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><i><span style="font-family: verdana;">“Staking ETH and becoming a validator is easier than mining (which currently secures the network). And we hope this will help improve the security of Ethereum in the long run. The higher the number of participants on the network, the more it will be decentralized and safe from attacks."</span></i></p><p style="text-align: justify;"><i><span style="font-family: verdana;"><br /></span></i></p><p style="text-align: justify;"><span style="font-family: verdana;">While the crypto community has long talked about Ethereum 2.0, many announcements of network updates have been made since the end of 2020. However, the technical means to evolve the network of a cryptocurrency also important are colossal, which caused some delay in the implementation of the merger.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">The stages of “The </span><span style="text-align: left;"><span style="font-family: verdana;">Ethereum</span></span><span style="font-family: verdana;"> Merge”</span></h3><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The transition from one type of Blockchain to another requires several steps and the implementation of special measures. Thus, on September 6, 2022, the first major step of the merger, named "Bellatrix", was completed. It is followed by the “Paris” stage in the following 10 days.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The Bellatrix stage was made thanks to the beacon chain, a flagship chain in French, specially designed for the occasion. It allows to introduce the proof of stake protocol on the Ethereum network. Also, the beacon chain is responsible for randomly selecting validators to secure the network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Nevertheless, this step is bad news for ETH miners who have invested in high performance mining hardware. Indeed, if the random selection of validators is now the rule for validating transactions on the Ethereum network, then the remuneration is no longer made according to the “merit” of the minor, but according to chance.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, the Paris operation, which begins in the second half of September, finalizes the complete transition of the Ethereum Blockchain update. As of September 10, 2022, the beacon chain already had nearly 425,000 active validators.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: verdana;">Benefits of “The </span><span style="text-align: left;"><span style="font-family: verdana;">Ethereum </span></span><span style="font-family: verdana;">Merge”</span></h4><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The merger was highly anticipated by the community. Indeed, despite some drawbacks and limitations, this update should benefit most market players.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The first benefit is that switching to proof-of-stake helps maintain, or even slightly increase, the speed of the network. Before September 6, 2022 (the date of the first stage of transition to the new Blockchain), the number of transactions per second of the Ethereum network was 13.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">After the merger, the number of realizable transactions should be significantly higher. Since the means necessary for the validation of a block will be less important, this should mechanically increase the quantity of transactions processable by the system as a whole.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, the security of a network using proof of stake is ensured as the number of validators increases.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In its presentation of the beacon chain, Ethereum specifies that the risk of collusion between the actors and the takeover of a fragment (corruption of transactions) has "less than a billion chances" of occurring.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">A large number of actors on the network indeed decreases the probability of simultaneously encountering dishonest validators who can, so to speak, corrupt the network.</span></p><h4 style="text-align: justify;"><span style="font-family: verdana;"><br /></span><span style="font-family: verdana;">Towards a greener Ethereum network?</span></h4><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Crypto currencies are often criticized for their energy consumption, at least for some of them. The first two cryptocurrencies in the world, Bitcoin (BTC) and Ethereum (ETH), in fact alone share almost 60% of all the energy consumption of the market, that is to say about as much than their market share.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">According to Polygon (MATIC), “The Merge” update could significantly reduce carbon emissions from the Ethereum network. Not to mention that “The Merge” does not only benefit Ethereum, but all projects, tokens and Blockchains connected to the Ethereum network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In its tweet, Polygon states, “The merger is estimated to offset 99.91% of the carbon emissions from the Polygon network, reducing the annual total to just 56.22 tCO2e.”</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Several specialists have looked into the question of reducing the energy consumption of the network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">According to researcher Carl Beekhuizen of the Ethereum Foundation, Ethereum consumption could be reduced by more than 99% thanks to the network update. This would represent a saving in energy consumption equivalent to that of 2.7 million French people (considering a carbon emission per French person of 4.6 tonnes per year).</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">On this aspect alone, “The Merge” is a revolution as such.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The criticisms often addressed concerning the polluting nature of crypto currencies should therefore be significantly less important in the future, which could constitute an additional means of democratizing crypto currencies.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: verdana;">What are the risks for Ethereum users?</span></h3><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">Ethereum is not just Ethereum. It is also one of the references of an entire market!</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Indeed, the Ethereum network serves both Decentralized Finance (DeFi) applications, stablecoins, as well as NFTs and many other market projects. This update may therefore lead to certain risks that affect much more than the Ethereum network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In a tweet critical of Ethereum, Maggie love recalls that more than half of the nodes of the Ethereum network are hosted by Amazon, 15% by Hetzner and 4.1% by OVH.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">As a reminder, the nodes designate the computer resources that ensure the storage and validation of the data. Updating Ethereum based on a random selection of minors also increases the risk that the network will find itself very centralized with certain hosts.</span></p><h4 style="text-align: justify;"><span style="font-family: verdana;"><br /></span><span style="font-family: verdana;">The risk of centralization is not only IT, it is also legal.</span></h4><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Among the players in the beacon chain, we find the staking specialist Lido (30%), followed by Coinbase (14.6%) or even Kraken and Binance (15%). By category, network players are whales (big players) for 11.5%, exchange platforms for almost a third of contributors (31%), as well as staking platforms for more than 40%!</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">According to some estimates, nearly two-thirds of beacon chain players would agree with the American authority Office of Foreign Assets Control (OFAC). In other words, the presence of stronger regulations among the actors of the Ethereum network would be enough to tip the latter.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana; font-size: medium;"><b>Finally, there is the question of cost.</b></span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Since “The Merge” update will not (or slightly) increase the transaction throughput on the network, it should not massively decrease the cost of transactions on the network.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Until now, the cost of Blockchain transactions has been a major drawback of Ethereum – and should remain so. Despite the reduction in energy consumption, the fees to be paid to validate a transaction will probably remain similar to those currently applied.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: verdana;">Ethereum: a major update that does not fix everything</span></h4><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">We have seen that the Ethereum update “The Merge” will mark the history of the world of crypto currencies in addition to that of Ethereum.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">This event will have consequences on several levels, since the transition from a Blockchain of proof of work to a Blockchain of proof of stake will increase the transaction volumes achievable on the Ethereum network, reduce its energy cost by almost 99% and maintain globally the throughput of transactions validated at the same level.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, some limitations of the Ethereum network might remain.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">First, transaction costs are likely to remain quite high. In addition, several specialists and critics of the network point to the risks of legal or IT centralization of the Blockchain. This represents an important argument weighing on the security of the network – although the management of Ethereum ensures the maintenance of the latter with the new Blockchain.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-49699314663955182882022-10-01T23:04:00.003+01:002022-10-01T23:05:33.620+01:008 Indicators That Precede a Bitcoin Low<p style="text-align: justify;"><span style="font-family: verdana;"> While Bitcoin has lost almost 80% of its value since its all-time high, some analysts already seem to be updating their historical indicators. Indeed, such a fall in Bitcoin is not new and still resonates as an opportunity for many investors. Still, assurance of a Bitcoin low is still a long way off. Thus, the magnitude of the recent decline tends to reinforce the hypothesis of a durable maintenance of Bitcoin on major supports. However, this does not guarantee that the world's leading cryptocurrency will not fall further to new lows that would challenge the evolution of the long-term market.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXf52j4hrCbGGh5qxpDV3PfZbfl7ume7qYNqGoXcIE37SY1DmgskgJdgwQIL8I_1IePLifgo2GbtEHhOrlLRVv-07fN8f9_cF2lshPENwMhdHggPvkPMYC6ZYng5mm6Som8M2_FZLDToVFerBCcQB79PReUfCKrvdeBrfBI0kvwn27OY49UneuFXUi/s1280/8%20Indicators%20That%20Precede%20a%20Bitcoin%20Low.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="8 Indicators That Precede a Bitcoin Low" border="0" data-original-height="745" data-original-width="1280" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXf52j4hrCbGGh5qxpDV3PfZbfl7ume7qYNqGoXcIE37SY1DmgskgJdgwQIL8I_1IePLifgo2GbtEHhOrlLRVv-07fN8f9_cF2lshPENwMhdHggPvkPMYC6ZYng5mm6Som8M2_FZLDToVFerBCcQB79PReUfCKrvdeBrfBI0kvwn27OY49UneuFXUi/w640-h372/8%20Indicators%20That%20Precede%20a%20Bitcoin%20Low.jpg" title="8 Indicators That Precede a Bitcoin Low" width="640" /></a></div><span style="font-family: verdana;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: verdana;">In this bearish context where volatility is raging, discover in this article the 8 indicators that preceded a historic low for Bitcoin (BTC).</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h2 style="text-align: justify;"><b><span style="font-family: verdana;">The Correlation of Bitcoin to Stocks</span></b></h2><p style="text-align: justify;"><span style="font-family: verdana;">One of the simplest observations is to recall Bitcoin's strong long-term correlation to the stock market. We have represented below the price of Bitcoin in dotted lines, and the 7-month correlation between Bitcoin and the S&P 500 in blue. We then notice that the phases of Bitcoin's decline respond to a fairly precise correlative pattern. Every all-time Bitcoin low was preceded by a low in Bitcoin's correlation to stocks. This low was then confirmed when the correlation between stocks and Bitcoin had reached a new high.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><span style="font-family: verdana;"><b>Correlation chart of the price of Bitcoin and the price of the S&P500 index from July 2016 to May 2022</b></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjc2oQ0coAWDSrim01zJYaNu426UMy3ubI_LWmxJwjwj67PJrbvyYHkYnclu1ss9WBdFIoD85bZrKAl78lQu2DbD1PYxzJocMLZedHvIOv4gK5etT3OWnTVkV1H9a-wAgjQ85PWhhAHIG8LJ4vm1rhYdNxHMc7e0KMij5to8BCyDIjyBciC2qpCmzX9/s1315/1.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Correlation chart of the price of Bitcoin and the price of the S&P500 index from July 2016 to May 2022" border="0" data-original-height="837" data-original-width="1315" height="408" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjc2oQ0coAWDSrim01zJYaNu426UMy3ubI_LWmxJwjwj67PJrbvyYHkYnclu1ss9WBdFIoD85bZrKAl78lQu2DbD1PYxzJocMLZedHvIOv4gK5etT3OWnTVkV1H9a-wAgjQ85PWhhAHIG8LJ4vm1rhYdNxHMc7e0KMij5to8BCyDIjyBciC2qpCmzX9/w640-h408/1.png" title="Correlation chart of the price of Bitcoin and the price of the S&P500 index from July 2016 to May 2022" width="640" /></span></a></div><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In addition, it is generally observed that the bearish phases of Bitcoin follow two more or less well-defined stages. At first, the Bitcoin price breaks out of the uptrend, causing the correlation with stocks to fall. This drop in correlation continues until the end of the first downward phase. This was the case between January 2018 and the end of 2018, between mid-2019 and January 2020, or even between March 2021 and September 2021. Secondly, the fall in the price of Bitcoin can become more violent and results in a phase of “re-correlation” to stocks. This phenomenon can be explained statistically: Bitcoin is an asset that can be estimated to be up to 5 times more sensitive to cash than stocks. Thus, Bitcoin reacts by anticipation, then by mimicry to actions in its downward phase. Finally, it generally validates a historical low. Currently, we are close to a new correlation high that would confirm a first stop of the downtrend.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: verdana;">Track holders' wallets: detect Bitcoin accumulations</span></b></h3><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Historically, bullish phases in the price of Bitcoin have been driven after a significant phase of accumulation. Conversely, the decline of Bitcoin is generally synonymous with a distribution of Bitcoins in circulation from long-term portfolios (2 to 5 years) to medium-term investors (a few months). The chart below, taken from Glassnode, shows the distribution of Bitcoins in circulation based on how long Bitcoins have been held in the wallet.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">Graph illustrating the distribution of Bitcoins in circulation according to the duration of the holding of BTC in the portfolio</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgRIKZNj88BT_IqYvlAMfQJEytyvIbX7BjyKI_0QvpzEUwFad4cSAKgm-7mrse9Hl9IhVanIkrCWHfazeOf5zJDgMA2ZLAGHsojE8Vunqq9GSg0VPo79H-po7LcnUNi0M1msPWCP0XNYIREfpM0-Pot1p8MsZ5V223Cd8vmwazJYE_m1KQeEW20Dxyo/s1201/2.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Graph illustrating the distribution of Bitcoins in circulation according to the duration of the holding of BTC in the portfolio" border="0" data-original-height="685" data-original-width="1201" height="366" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgRIKZNj88BT_IqYvlAMfQJEytyvIbX7BjyKI_0QvpzEUwFad4cSAKgm-7mrse9Hl9IhVanIkrCWHfazeOf5zJDgMA2ZLAGHsojE8Vunqq9GSg0VPo79H-po7LcnUNi0M1msPWCP0XNYIREfpM0-Pot1p8MsZ5V223Cd8vmwazJYE_m1KQeEW20Dxyo/w640-h366/2.png" title="Graph illustrating the distribution of Bitcoins in circulation according to the duration of the holding of BTC in the portfolio" width="640" /></span></a></div><span style="font-family: verdana;"><br /></span><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">We thus note that the capitulation phase, which results in a major low in the price of Bitcoin, is also synonymous with maximum selling pressure from long-term investors and the absence of buying short-term investors. To date, short-term investors have partially retreated while long-term investors have accelerated their selling in May and June. Nevertheless, we cannot overlook the influence of very long-term carriers, who do not seem to have moved their position despite the recent crisis.</span></p><p style="text-align: justify;"><b><span style="font-family: verdana;"><br /></span></b></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Moving averages: “impassable floor”?</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;">Another way to determine Bitcoin's "ultimate" supports is to use moving averages. Indeed, several studies show that the dominant cycle of Bitcoin is a cycle between 4 and 5 years. This means that it is statistically unlikely that Bitcoin will go back below its pre-4-5 year levels. Thus, we can clearly see that the 4-year moving average, represented in blue on the graph below, has framed all the major low points since 2019.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">4-year Bitcoin price moving averages</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjTp7hYofgWCa59KntpSnWi2dB846y3M4nOfgnkbwUZQVzbWXmV0UrjPr4b7A3Q9jD1hUT2sIZXJ7yCKwvwM6JUcUW0dgYwTkW6SLrcmsk1DXDta8k_61G4C6AJ-UJ_QkTQu6X5QGiNuzC3cNodcB_qcRxZ2SALJMALXytkbA6D5HCLln7cYMk2LI9/s1536/3.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="4-year Bitcoin price moving averages" border="0" data-original-height="948" data-original-width="1536" height="396" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjTp7hYofgWCa59KntpSnWi2dB846y3M4nOfgnkbwUZQVzbWXmV0UrjPr4b7A3Q9jD1hUT2sIZXJ7yCKwvwM6JUcUW0dgYwTkW6SLrcmsk1DXDta8k_61G4C6AJ-UJ_QkTQu6X5QGiNuzC3cNodcB_qcRxZ2SALJMALXytkbA6D5HCLln7cYMk2LI9/w640-h396/3.png" title="4-year Bitcoin price moving averages" width="640" /></span></a></div><span style="font-family: verdana;"><br /></span><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, it is not impossible that Bitcoin overflows slightly under this mobile support. But a lasting crossing of the 4-year moving average, whose level is $21,700 at the end of June 2022, would call into question the long-term evolution of Bitcoin observed so far.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Will the “stock to flow” model of cryptos still be successful?</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;">Stock to flow is a fairly well-known model in the crypto universe. Its calculation is relatively simple: we divide the already existing stock of Bitcoins by the annual flow of new Bitcoins. This model is also used in traditional finance, in particular to assess the capacity of the market to absorb supply and to attempt to provide price projections</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">Evolution of BTC prices between 2012 and 2022 with the value of the stock to flow</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxLXgzz7362VSuLrWXciDo40lFfpm1dbvsZDzSh0V8-kqWf8nIa-LcvkKQOY06xukP-_pxry_ZmOw_XCalrTNfq3LAB4FjF5kb_r6y4yx25dSDF2FSn_IiQnoOUr7LNcfmw7E8Y1bOBwhOtYKkqg5m5SftEXVm-V9LEUIk6stPHwMpvtLg7f-DBhXD/s1536/4.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Evolution of BTC prices between 2012 and 2022 with the value of the stock to flow" border="0" data-original-height="920" data-original-width="1536" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxLXgzz7362VSuLrWXciDo40lFfpm1dbvsZDzSh0V8-kqWf8nIa-LcvkKQOY06xukP-_pxry_ZmOw_XCalrTNfq3LAB4FjF5kb_r6y4yx25dSDF2FSn_IiQnoOUr7LNcfmw7E8Y1bOBwhOtYKkqg5m5SftEXVm-V9LEUIk6stPHwMpvtLg7f-DBhXD/w640-h384/4.png" title="Evolution of BTC prices between 2012 and 2022 with the value of the stock to flow" width="640" /></span></a></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">The graph above shows us the price of Bitcoin (in logarithmic scale) with the stock to flow value in red. The bottom index shows us the variance between the two curves, i.e. the difference observed. So far, the two curves have always been very close and the model has remained precise enough to describe the structural evolution of the price of Bitcoin. However, in recent months there has been a historic gap between the price of Bitcoin and this model.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In the optimistic scenario, it will be recalled that most of Bitcoin's major low points were validated between two halvings (two “Stock to Flow” plateaus). In this scenario, a bullish signal in 2022 or 2023 would be a strong long-term signal. Nevertheless, the recent divergence with the model prompts us to be cautious.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Bollinger bands: the statistical indicator</span></b></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Bollinger bands are a technical indicator that allows you to visualize the statistical evolution of the asset. A Bollinger band is made up of a central line which corresponds to the moving average, and two extreme lines which are calculated from the volatility of Bitcoin. Thus, it is rare for Bitcoin to exceed these extreme lines: these are the “bands” of Bollinger.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">Bitcoin price evolution analyzed with Bollinger bands</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3gq6xB7tlWzvS1QfxzcxKly9lsMtcbE2SsmRFNi1cBR1bAPemYZ-PX8Ul8Wvzhj-dMHIy_x5GurZdOOWyCnEV_RNYdtIvcwQKbi_Hpj0nSmkAJxeenbhLMJnZcWS18udA0qOWoP4LnoVErSTmmkSJ7yRB7RYkyP0pMyqv_95xDtCplbvcw7_CQrLf/s1533/5.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Bitcoin price evolution analyzed with Bollinger bands" border="0" data-original-height="907" data-original-width="1533" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3gq6xB7tlWzvS1QfxzcxKly9lsMtcbE2SsmRFNi1cBR1bAPemYZ-PX8Ul8Wvzhj-dMHIy_x5GurZdOOWyCnEV_RNYdtIvcwQKbi_Hpj0nSmkAJxeenbhLMJnZcWS18udA0qOWoP4LnoVErSTmmkSJ7yRB7RYkyP0pMyqv_95xDtCplbvcw7_CQrLf/w640-h378/5.png" title="Bitcoin price evolution analyzed with Bollinger bands" width="640" /></span></a></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">We indeed observe that all the last historical low points of Bitcoin were validated when the price of Bitcoin came out of the extreme bands of Bollinger. The same is true for vertices. However, this low point is generally not validated until the price of Bitcoin has recrossed the moving average in yellow on the graph above. An aggressive investor can therefore act according to the extreme bands, but the moving average leaves the possibility of controlling his risk.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Bitcoin volatility: detecting reversals through psychology</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;">Measuring Bitcoin volatility is another way to anticipate certain trends. Indeed, Bitcoin is one of the most volatile assets in the financial world. This is where the alternation between the feelings of “fear” and “euphoria” is the strongest. This reflects the fact that the Bitcoin price is statistically very unstable. In addition, the volatility measurement shows us that the average volatility recorded on Bitcoin is around 60% (compared to 20% for the CAC 40 for example).</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">Chart of Bitcoin volatility from January 2017 to January 2022</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5RzSPaM0m-jM2xhwGAs5CAsANCasSpR95zdM_zskuzhe0he3Yfz1c_SvTWAHsYRH7rIY6JgTxKYWvCy2fBuxTLd5ccS4Mjd8qmvR1aapVLYpZH-HqycLhV76ztxBob50lVRFYTbKnHmGKAaqSNCKzl7X90R66VJghCfA5X3DaiAA8XfuOAkanvGd1/s1387/6.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Chart of Bitcoin volatility from January 2017 to January 2022" border="0" data-original-height="783" data-original-width="1387" height="362" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5RzSPaM0m-jM2xhwGAs5CAsANCasSpR95zdM_zskuzhe0he3Yfz1c_SvTWAHsYRH7rIY6JgTxKYWvCy2fBuxTLd5ccS4Mjd8qmvR1aapVLYpZH-HqycLhV76ztxBob50lVRFYTbKnHmGKAaqSNCKzl7X90R66VJghCfA5X3DaiAA8XfuOAkanvGd1/w640-h362/6.png" title="Chart of Bitcoin volatility from January 2017 to January 2022" width="640" /></span></a></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">During phases of rising Bitcoin prices, we generally observe an increase in its volatility. Conversely, during bearish phases, the volatility of Bitcoin tends to decrease. Recently, the decline of Bitcoin is not accompanied by a decrease in its volatility. This may be a sign that Bitcoin's bullish rebound potential is narrowing from past lows. In any case, this phenomenon reflects the fact that the recent decline of Bitcoin is neither extreme nor normal, and that Bitcoin tends to acquire a certain "stability" of its variations.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">The correlation coefficient and Bitcoin dominance: anticipating market phenomena</span></b></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Bitcoin dominance or dominance represents the capitalization of Bitcoin relative to the capitalization of the entire cryptocurrency market. Traditionally, it is observed that the rise of Bitcoin leads to a sometimes greater rise in other crypto-currencies, which implies a decrease in the “dominance” of Bitcoin. Bitcoin represented 70% of the cryptocurrency market in December 2020, compared to 40% in January 2022.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: verdana;">Evolution of Bitcoin's dominance over other cryptocurrencies between 2014 and 2022</span></b></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWYrY1RRrkHzneISmutctO1PzYzGrqy_ShMXBEJQUFqXAXZ89kuCcLGiZmR6fo0VVT3zodY2iK-dm95TBEMDfiDs1Hbii-HiKrIjPldzqOz4joeluJKnYpgKWTq5XislwEJgOuXBPgYIhRaHlkdWWRJBNd-qHJZfmbt-LZomj_D35UYsZDQs-i6oTa/s800/7.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: verdana;"><img alt="Evolution of Bitcoin's dominance over other cryptocurrencies between 2014 and 2022" border="0" data-original-height="550" data-original-width="800" height="440" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWYrY1RRrkHzneISmutctO1PzYzGrqy_ShMXBEJQUFqXAXZ89kuCcLGiZmR6fo0VVT3zodY2iK-dm95TBEMDfiDs1Hbii-HiKrIjPldzqOz4joeluJKnYpgKWTq5XislwEJgOuXBPgYIhRaHlkdWWRJBNd-qHJZfmbt-LZomj_D35UYsZDQs-i6oTa/w640-h440/7.png" title="Evolution of Bitcoin's dominance over other cryptocurrencies between 2014 and 2022" width="640" /></span></a></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: verdana;">This chart from CoinMarketCap illustrates our point. In 2018, Bitcoin had even fallen to a dominance of 32.5%. However, the recent drop in the price of Bitcoin has only led to a very slight revival of interest in the world's leading cryptocurrency. This observation is consistent with the observation on volatility. It is possible that Bitcoin's rebound potential is more limited than in the past. Nevertheless, we note that the loss of dominance of Bitcoin is a historical trend. Thus, a major bitcoin price low could have less difficulty in validating than in the past at current levels of capitalization.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: verdana;">The Bitcoin halving: an unmissable ceremony in the cryptocurrency market</span></b></p><p style="text-align: justify;"><span style="font-family: verdana;">The halving is an event that occurs approximately every 4 years and consists of halving the remuneration of miners. The goal is to gradually reduce the monetary creation associated with Bitcoin and ensure the long-term scarcity of Bitcoin supply. The next halving is expected to occur by 2024. Historically, major Bitcoin lows take effect between two halvings. Conversely, most bull markets started after a halving. This hypothesis supports the idea that Bitcoin is experiencing a characteristic decline in its temporality. The challenge will indeed be to observe, or not, the rebound of Bitcoin before the next halving, that is to say before the end of 2023.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: verdana;">What future for Bitcoin?</span></b></h3><p style="text-align: justify;"><span style="font-family: verdana;">Ultimately, many indicators show that Bitcoin is still in a pronounced bearish phase. However, in view of most of the indicators we have, Bitcoin could well mark a pause in this phase of crisis. Nevertheless, there is no indication that the cryptocurrency will not continue its trajectory towards new lows which would then challenge the structure of the long-term market.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In terms of timing, we can effectively highlight a three-month bearish cycle that has been affecting the price of Bitcoin since 2021. In this sense, a decrease in downward pressure could appear by the end of summer 2022, so that the entry into the current bearish cycle took place in May. In any case, the validation of a low point will not be enough to trigger a rapid uptrend. As we have shown, Bitcoin is still very exposed to market turbulence and its rebound potential may be statistically reduced.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-71551303607013140212022-10-01T22:09:00.002+01:002022-10-01T22:21:26.029+01:00NFT Crypto: The Complete Guide To Investing In Non-Fungible Tokens<p style="text-align: justify;"><span style="font-family: verdana;">NFTs, or Non Fungible Tokens in English, are a new kind of crypto assets that have experienced significant success in 2021. According to CoinMarketCap, the NFT market would represent the equivalent of more than 12 billion mid-2022 dollars and just over 2 million NFTs are believed to have been sold at the time of writing. The Crypto NFT market, which represents less than 1% of the entire cryptocurrency market, remains a volatile market with significant opportunities for gain or loss.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQEVrajdRPNCmB8CboJwb5Yvc47J6m06EZjclXfFXTzlCqCtBD-Oj1CL2wouuGTE-3gC-N6snCUQXOTrNevpINER-gn943Ugowoj-QVONhbN3Pl4iAxfrbVH6WvyQbSEzSvRUKfPknGYuVQMfKdYJmwjrhlEYCYF-n62I5K6sPwXNZo7Y4totiD7GD/s1280/NFT%20Crypto.png" style="margin-left: 1em; margin-right: 1em;"><img alt="NFT Crypto Investing in Non-Fungible Tokens" border="0" data-original-height="745" data-original-width="1280" height="373" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQEVrajdRPNCmB8CboJwb5Yvc47J6m06EZjclXfFXTzlCqCtBD-Oj1CL2wouuGTE-3gC-N6snCUQXOTrNevpINER-gn943Ugowoj-QVONhbN3Pl4iAxfrbVH6WvyQbSEzSvRUKfPknGYuVQMfKdYJmwjrhlEYCYF-n62I5K6sPwXNZo7Y4totiD7GD/w640-h373/NFT%20Crypto.png" title="NFT Crypto Investing in Non-Fungible Tokens" width="640" /></a></div><br /><span style="font-family: verdana;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: verdana;">Although NFTs are mainly centered around the art market, their application goes far beyond the artistic realm. Now, more and more institutions, individuals and companies are using NFTs as part of their business.</span></p><p style="text-align: justify;"><span style="font-family: verdana;">Decryption on how NFT Crypto works and the best techniques for investing in crypto currency.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h2 style="text-align: justify;"><b><span style="font-family: verdana;">How Does </span></b><b><span style="font-family: verdana;">NFT Crypto</span></b><b><span style="font-family: verdana;"> Work?</span></b></h2><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">An NFT can be considered a single cryptocurrency that cannot be split, unlike classic cryptocurrencies like Bitcoin, Ethereum, etc. In this way, NFTs are irreplaceable, as they are not interchangeable.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">NFTs are often associated with a song, a video, works of art or even books… We can therefore describe an NFT as a digital file associated with a document of authenticity guaranteed by the Blockchain. An NFT can therefore be seen as a digital property contract.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Technically, the first recorded NFT was created… in 2014! Although the term NFT was not used at the time, the technology was exploited by artist Kevin McCoy in collaboration with entrepreneur Anil Dash in his work "Quantum" representing an animated colored octagon. The NFT was sold in 2021 for nearly $1.5 million at Sotheby's.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">An NFT is created through “minting”. Minting makes it possible to create a crypto-graphic token which is associated with the link of a digital file on the Blockchain. The crypto-graphic token can contain several information related to the author of the NFT, etc.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Crypto NFTs are thus created from already existing Blockchains. The most popular is the Ethereum Blockchain, but others can also be used such as Solana or <b><a href="https://www.cryptosavvy.com/2022/02/binance-smart-chain-binance-chain.html" target="_blank">Binance</a></b> for example. Once the <b>NFT</b> has been created or minted, it can be bought or sold on exchanges.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: verdana;">Where to buy NFT Crypto?</span></b></h3><p style="text-align: justify;"><span style="font-family: verdana;">The most popular marketplaces for buying NFTs are OpenSea, Rarible, SuperRare, Nifty Gateway and Binance NFT. </span><span style="font-family: verdana;">While some specialize in certain types of Crypto NFTs like SuperRare in the digital art market, others are more general like OpenSea and Rarible.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">It is thus possible to obtain NFTs on these trading platforms via their applications or websites. To do this, you first need to connect your crypto wallet (held with financial intermediaries like Coinhouse) to the platform, so that you can then cash in or settle your <a href="https://www.cryptosavvy.com/2021/10/nfts-non-fungible-token-investment.html" target="_blank">NFT Crypto transactions</a>.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, there are transaction fees that vary depending on the Blockchain on which the NFT is created, the crypto currency with which you pay for your NFT Crypto or the exchange platform you use. In some cases, the creator of a Crypto NFT may also decide to apply fees to each resale which will be shared between the creator and the platform.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">It is also possible to create your own NFTs directly on some popular NFT Crypto marketplaces.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Buy Crypto NFTs: with which cryptocurrency?</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">To date, the most popular Blockchain for creating and exchanging NFTs remains the <a href="https://www.cryptosavvy.com/2022/03/ethereum-eth-increasing-sell.html" target="_blank">Ethereum Blockchain</a>. Most NFT Crypto payments are made in Ethereum (ETH). </span><span style="font-family: verdana;">However, transactions can also be made in Binance USD (stablecoin of Binance), in BNB (Binance Coin, the crypto-currency of Binance) or in SOL (Solana) for example.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Thus, the <a href="https://www.cryptosavvy.com/2021/10/nfts-non-fungible-token-investment.html" target="_blank">purchase of an NFT</a> on an exchange platform most often requires the holding of these crypto currencies on its digital wallet.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Also, the fact that most NFT Crypto purchases are made in cryptocurrencies like Ethereum adds to the price volatility of this market.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Ethereum, which was worth just over $4,000 in December 2021, is worth $1,700 at the time of writing this article (June 2022): a loss of 60% in 6 months!</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">It is therefore imperative for the NFT enthusiast to consider the variation in the price of the cryptocurrencies in which the Crypto NFTs are traded.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">For example, the purchase of an NFT in December 2021 worth 0.5 ETH (approximately $2,000), and whose value would have doubled to 1 ETH in June 2022 ($1,700), would have even saw its investment expressed in euros melt by 15% (-$300) despite the rise in the price of the NFT.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">This exchange phenomenon is therefore important to take into consideration when <a href="https://www.cryptosavvy.com/2021/12/how-create-nft-ultimate-guide.html" target="_blank">buying NFT Crypto</a>. Indeed, an upward or downward movement of the cryptocurrency used for the purchase of NFTs can significantly amplify the losses or gains expressed in fiat currency.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">To significantly limit the exchange risk, you can use <a href="https://www.cryptosavvy.com/2021/09/stablecoin-why-how-invest.html">stablecoins</a> in your NFT Crypto purchases. With the Binance NFT platform, for example, you can buy NFTs with USD stable coins.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">What are the differences between NFT and crypto currencies?</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;">As we have explained, NFTs can be considered as special tokens. In a simplified way, we can consider that each NFT is a unique token which is not fungible and which guarantees the authenticity and moral integrity of the work to which it is linked. Conversely, crypto currencies, like Ethereum or <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html" target="_blank">Bitcoin</a>, are divisible into an infinite number of decimal places.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In other words, traditional cryptocurrencies are fungible (divisible), whereas an NFT is not. </span><span style="font-family: verdana;">The divisible nature of traditional crypto currencies theoretically allows an infinite number of users to hold these cryptos. In the case of NFTs, the uniqueness does not allow a large number of people to own the same token, which explains the fundamental property of NFTs: “scarcity”.</span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, NFTs and <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html" target="_blank">cryptocurrencies</a> differ in their use.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">NFTs are a means of guaranteeing the authenticity of a document, photo, work, etc. Therefore, NFTs are associated with a more or less concrete work or object and have a visual and unique identity in many fields (artistic, literary or even sometimes scientific with NFTs of images taken from microscopes, etc.).</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, the two categories are differentiated by their democratization. NFTs represent only 1% of the overall cryptocurrency market and require the prior use of cryptocurrencies in order to be created and traded.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Why Invest in Crypto NFTs?</span></b></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Clearly, one of the main motivations for NFT Crypto investors remains the promise of potentially large gains through speculation.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">However, the first major market correction in 2022 seems to allow a restructuring of the market and to some extent limit the often excessive speculation. </span><span style="font-family: verdana;">To date, the two most famous NFT collections are the CryptoPunks and Bored Ape Yacht Club collections.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">The Bored Ape Yacht Club collection includes 10,000 NFTs that depict monkeys. The average historical value of a Bored Ape NFT is estimated at 22.5 ETH for an estimated capitalization of over $900 million. On the other hand, the CryptoPunks collection, which is made up of 10,000 units representing character profiles, had an average price of 45 ETH in mid-2022.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Despite this significant speculation, many investors may be interested in NFTs for purely artistic reasons by acting as collectors.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">In addition, a few rare projects aimed at linking NFTs and works of art via a museum have recently developed, for example. This is the case of the Private Museum project which offers an offer of works of art from various artists in the form of NFT and accessible in the Metaverse. NFTs can also have a more disinterested dimension and a purpose close to the traditional art market.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><h4 style="text-align: justify;"><b><span style="font-family: verdana; font-size: medium;">Investing in Crypto NFTs Is Not Safe</span></b></h4><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Nevertheless, NFTs are not without risks!</span></p><p style="text-align: justify;"><span style="font-family: verdana;">The main risk is that of the partial or total loss of your investments. Indeed, the NFT market is a very volatile market with risks of large sudden variations in the price of NFTs and the price of the cryptocurrencies used to exchange them. In addition, the NFT market has experienced a significant slowdown since the beginning of 2022.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Another significant risk is the presence of fakes or imitations. The risk of copyright theft remains high with the <a href="https://www.cryptosavvy.com/2022/05/integrating-nft-into-traditional-games.html">creation of NFTs</a> and many “creators” can pose as famous artists. For NFTs backed by real works, there may be a decorrelation between the price of the real work and that of the NFT representing it.</span></p><p style="text-align: justify;"><span style="font-family: verdana;"><br /></span></p><p style="text-align: justify;"><span style="font-family: verdana;">Finally, Crypto NFTs may be linked to scams and price manipulation. Some cases of “wash trading” on NFT Crypto have indeed been identified. In this situation, the creator of the NFT artificially inflates the price of the NFT by successively reselling his NFT between his own accounts, which induces other agents to buy the NFT at a price that is not his market price.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-87513297139491437702022-07-19T01:01:00.003+01:002022-07-19T13:31:31.854+01:00Health Insurance Premiums in U.S Set to Increase in 2023<p style="text-align: justify;"><span style="font-family: arial;">With 35.8 million people insured under Obamacare, Medicaid, and/or Basic Health Plan, <a href="https://edition.cnn.com/2022/04/29/politics/aca-obamacare-coverage-record/index.html" target="_blank">according to CNN</a>, more Americans than ever currently have access to affordable health care. However, the American Rescue Plan Act of 2021, which served as a relief plan for Americans during the COVID-19 pandemic and fueled the uptick in enrollment, is now about to expire.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiTD_zTM-2sWELgDMQE1wnPvUOLTG_-Wn2GefowA5me_wLeLGRkul5pyQFA07fNSulEwXmJpCcf17DHbU3Z11jm9pdUzpgm2QS0UxtLXaVcL86S3rKMHizp6XxySz2Ntri-aHFOLxue_jQzxs_psxja6oxum57TMeCt-gytziSqTzWwAxtV5qwrz4HM/s612/Health%20Insurance.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Health Insurance Premiums in U.S" border="0" data-original-height="408" data-original-width="612" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiTD_zTM-2sWELgDMQE1wnPvUOLTG_-Wn2GefowA5me_wLeLGRkul5pyQFA07fNSulEwXmJpCcf17DHbU3Z11jm9pdUzpgm2QS0UxtLXaVcL86S3rKMHizp6XxySz2Ntri-aHFOLxue_jQzxs_psxja6oxum57TMeCt-gytziSqTzWwAxtV5qwrz4HM/w640-h426/Health%20Insurance.jpg" title="Health Insurance Premiums in U.S" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;"><a href="https://www.kff.org/health-reform/issue-brief/how-the-american-rescue-plan-will-improve-affordability-of-private-health-coverage/" rel="nofollow" target="_blank">KFF explains that under this act</a>, people including those who were above 400% of the Federal Poverty Level, were eligible for premium subsidies – meaning they paid no more than 8.5% of their yearly income for health insurance. If Congress does not extend the plan, beneficiaries receiving insurance through a marketplace will see an average 50% increase in their premiums in 2023, but it could be even more, which could spell out trouble for most insured Americans.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Insurance of any type is primarily a way to protect you, your loved ones, and your belongings. Health insurance ensures that you are able to pay for potentially life-saving treatments, while home insurance makes sure that you can financially recover from a disaster such as a fire or flooding. Insurance also happens to be quite a lucrative industry. <a href="https://www.askmoney.com/insurance/what-is-an-insurance-premium" target="_blank">An AskMoney guide to insurance premiums</a> details how the insurance industry earns more than $1 trillion every year, with these premiums being collected by nearly 6,000 insurance companies across the United States. Even though insurance is a way to financially protect people from unplanned expenses, the rising premiums continue to cause issues for the middle class.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Over the last ten years, family premiums for employer-sponsored coverage have risen by 47%, <a href="https://www.cnbc.com/2021/11/11/premiums-for-employer-health-insurance-have-jumped-47percent-in-10-years.html" target="_blank">according to a report from the Kaiser Family Foundation and reported by CNBC</a>. “That rate outpaces both wage growth (31%) and inflation (23%) over the same time period,” they stated.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This rise in premiums </span><span style="font-family: arial;">together with the current inflation rate (the current CPI standing at <a href="https://www.bls.gov/opub/ted/2022/consumer-prices-up-8-6-percent-over-year-ended-may-2022.htm" target="_blank">a staggering 8.6% according to the U.S. Bureau of Labor Statistics</a>) is predicted to cause a drop in insurance enrollment for 2023.</span></p><p style="text-align: justify;"><span style="font-family: arial;">While we wait with bated breath for Congress’s decision to either extend the American Rescue Plan, there’s no reason to idly sit and wait – there are measures policy-holders can take to lower health insurance premiums.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: arial;">Choose an HMO</span></b></h3><p style="text-align: justify;"><span style="font-family: arial;">While this may seem limiting, it’s one of the easiest ways to lower your premiums and healthcare costs overall. Enrolling in an HMO means that you’ll need to get referrals from your primary care physician in order to see a specialist, and your insurance covers care from doctors and clinics within your network. Any out-of-network visits will cost extra (except in the case of an emergency, of course).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: arial;">Raise The Deductible</span></b></h3><p style="text-align: justify;"><span style="font-family: arial;">This option is for those who don’t tend to see the doctor very often and don’t have any chronic health issues that may be expensive to cover. If you choose a high-deductible option, your monthly premiums will go down, but you’ll need to be prepared to pay more out-of-pocket for doctor visits – planned or otherwise.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><b><span style="font-family: arial; font-size: medium;">Work with an Insurance Broker</span></b></h3><p style="text-align: justify;"><span style="font-family: arial;">A broker’s job is to help you find insurance plans that fit your lifestyle, and more importantly, your wallet. While there’s often a cost for a broker’s service (they have to make a living, after all!), they will help you decide on the best insurance plan, find the most affordable options, and make sure that your premiums are the lowest they can be.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">With insurance premiums about to soar in the following year, there are still steps insurance-holders can take to keep the costs down. By working with a broker to find the best insurance plan for you – which may include a higher deductible and choosing an HMO, depending on your needs – you should be able to lower your premiums and prepare yourself for the American Rescue </span><span style="font-family: arial;">Plan to be discontinued.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">For more information on insurance and how to make the best decisions for you and your loved ones, <a href="https://www.cryptosavvy.com/search/label/Insurance" target="_blank">visit us again at Crypto Savvy</a></span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-69881630900059305742022-06-24T17:47:00.012+01:002022-10-14T17:38:46.555+01:00 Terra Luna : Understanding The Collapse Of The Terra “luna” Blockchain<p style="text-align: justify;"><span style="font-family: arial;">Since May 9, 2022, the cryptocurrency market has been in a critical situation, marked by the panic of many investors. The Terra crisis manifested itself with a speed and intensity that should mark the history of cryptocurrencies for a long time. In just a few days, the LUNA cryptocurrency lost nearly 99.9% of its value after the UST stablecoin lost parity with the dollar.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEja6cQBxutUzK_rianrCu5v3DZR4WEjoECou4_fqpWvQIfBUvVsxB10HzdAhcv8zrbAoknRbtICTUzxpROoaJXIBxiF4pI37vSR27BCYckN6v7qneqAH-FOPzwWyfcXs9WKTTC8_y9KvXUJLPV2zsTtNktFEYeMjPUtgI0-l6Nkk7r12h-B-OiOr-zq/s975/terra-luna-understanding-collapse.JPG" style="margin-left: 1em; margin-right: 1em;"><img alt="terra-luna-collapse" border="0" data-original-height="625" data-original-width="975" height="410" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEja6cQBxutUzK_rianrCu5v3DZR4WEjoECou4_fqpWvQIfBUvVsxB10HzdAhcv8zrbAoknRbtICTUzxpROoaJXIBxiF4pI37vSR27BCYckN6v7qneqAH-FOPzwWyfcXs9WKTTC8_y9KvXUJLPV2zsTtNktFEYeMjPUtgI0-l6Nkk7r12h-B-OiOr-zq/w640-h410/terra-luna-understanding-collapse.JPG" title="terra-luna-collapse" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">The decryption of the Terra crisis and the effects on the virtual currency market. This major crisis caused considerable losses for many investors and a crisis of confidence in an entire segment of the cryptocurrency market. This panic, of rare brutality, should have a lasting impact on the cryptocurrency market.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">What is Terra LUNA?</span></h2><p style="text-align: justify;"><span style="font-family: arial;"><a href="https://www.terra.money" rel="nofollow" target="_blank">Terra</a> brings together several cryptocurrencies, including the stablecoin TerraUSD (UST), which guarantees 1 to 1 parity with the dollar, and the cryptocurrency LUNA, which is the cryptocurrency of the Blockchain Terra. When launched in April 2019, Terra billed itself as "seeking to disrupt the traditional financial system by rebuilding the payment system on the blockchain and powering all digital transactions with our stablecoin." For its part, the stable coin UST, an algorithmic stablecoin, was launched in September 2020. The launch presentation described the UST as "an algorithmic stablecoin, where the cost of minting is equal to the face value of the minted stablecoins – for hitting 1 TerraUSD, only $1 of the reserve asset ($LUNA) needs to be burned. TerraUSD's monetary policy is infinitely scalable […]".</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">At the beginning of 2022, the cryptocurrency of <a href="https://www.cryptosavvy.com/2022/01/invest-terra-luna-complete-guide.html">Terra (LUNA)</a> was still the 9th cryptocurrency in the world, with a capitalization of more than 30 billion dollars. The LUNA cryptocurrency was ranked 206th on May 15, 2022, and the UST stablecoin is ranked 35th. For its part, the stablecoin UST had reached a capitalization of up to $19 billion a few weeks before the crisis.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Paradoxically, the UST project was launched claiming, in particular, to respond to the parity problems of Dai, a stablecoin reproducing the parity 1 for 1 with the dollar (1$=1UST). Indeed, Dai had experienced parity problems as early as 2020. Dai appeared with a supply and demand system similar to Terra USD's. Indeed, the supply of Dai is ensured by holding various cryptocurrencies (Ethereum in particular), guaranteeing parity with the dollar. However, despite the greater scalability of the UST, the problem of maintaining parity seems not to have been resolved.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Terra USD and LUNA: what links?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">TerraUSD (abbreviated UST) and the cryptocurrency of the Blockchain Terra (abbreviated LUNA) are two strongly interrelated cryptocurrencies. A strong dependence between the two cryptocurrencies is one of the leading causes of the rapid collapse of the entire Terra ecosystem. Indeed, the parity with the dollar of the stablecoin UST was ensured mainly through the manipulation of the LUNA. When the UST was worth more than $1, LUNA tokens were destroyed to increase the supply of UST. Conversely, when the UST was worth less than $1, LUNA tokens were purchased thanks to the reduction in the supply of UST.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This system of interdependence necessarily increased the risk of runaway in the event of a crisis. In addition, the algorithmic management of the stablecoin could reflect the risks of loss of control.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In addition, the stable coin TerraUSD (UST) has been the subject of great speculative enthusiasm. Indeed, Terra launched a summer of 2021 performance protocol called Anchor. This program was essentially intended to provide returns in exchange for storing USDT stablecoin on the platform. The yields offered were close to 20%.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Finally, we will insist on the importance of <a href="https://www.cryptosavvy.com/2021/09/what-ethereum-buy-.html">Ethereum</a> in this speculative mechanism. The UST presentation in 2020 clarified that "when the borrowing demand for Ethereum is high, the interest rate goes up, and when the demand is low, the interest goes down."</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial;">Terra's UST and LUNA Collapse: How the Crisis Unfolded?</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Anchor's ANC price, representing investors' interest in UST returns, peaked at 5.2 UST on March 5, 2022, from 1.2 UST on May 15. The last decline in the price of the ANC, which also indicates the interest in the returns associated with the UST, could constitute a first signal of the weakening of the ecosystem. Thus, the gradual decline in the price of cryptocurrencies in early May, particularly the reduction in demand for Ethereum, probably amplified the crisis risks.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The Terra Panic is similar to a 3.0 bank run, amplified by powerful computer interdependence mechanisms. The explanations put forward by the company for the fall of Terra show that the process of the collapse of the ecosystem was very rapid. As early as May 9, the liquidity reserves would have been emptied after the UST started trading slightly below parity with the dollar. At the same time, the presence of short selling on the LUNA token lowered the price of LUNA, and thus, the UST guarantees stability. To regain parity, Terra attempted to issue even more LUNAs to avoid the collapse of the UST. However, these measures have remained insufficient, even though the company has sold its $ 1.5 billion Terra Treasury.</span></p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;"><span style="font-family: arial;">Terra Luna: The collapse of crypto in 24 hours!</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The speed of the collapse of the cryptocurrency LUNA and the stablecoin UST is worth analyzing. On the one hand, the UST stablecoin fell from $1 on May 9, 2022, to $0.13 on May 13, 2022 (-87%). On the other hand, the LUNA cryptocurrency fell from its high of $118 on April 4 to $63 on May 9, 2022, before ending below $0.1 on May 13, 2022 (-99.9%! ). This represents the evaporation of the equivalent of $39 billion in capitalization on LUNA and $16 billion in capitalization on UST (a loss of more than $50 billion in capitalization in the ecosystem).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">A movement of such magnitude sparked panic among many investors and Internet users. Like the KSI crypto Youtuber who claims to have lost nearly $3 million in just 24 hours, there are many testimonials from hundreds of investors who have lost tens or even hundreds of thousands of dollars or more. The crypto ecosystem is permanently marked by this crisis. It is rare to find an active member of the cryptocurrency market who does not know at least one person impacted by this collapse.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Faced with such a movement, the suspicions of Internet users have multiplied. Cardano cryptocurrency founder Charles Hoskinson even speculated market manipulation by financial giants BlackRock and Citadel. These rumors were quickly denied by the main concerned. For their part, exchange platforms like Binance have stopped trading UST and LUNA cryptocurrencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">Are Stablecoins the Safe Heaven of Crypto? </span></h2><p style="text-align: justify;"><span style="font-family: arial;">Here we must now distinguish between two main categories of cryptocurrencies based on fundamentally different guarantees. On the one hand, <a href="https://www.cryptosavvy.com/2021/09/stablecoin-why-how-invest.html">classic stablecoins</a> are guaranteed in theory by their equivalent in the form of hard currency or bonds. These are mainly stablecoins USDC (USD Coin), USDT (Tether USD), or BUSD (Binance USD). These stablecoins did not experience any signals of decorrelation during the crisis and showed better resilience.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">On the other hand, there are algorithmic <b><i>stablecoins </i></b>guaranteed by a set of other crypto-currencies. These are mainly Dai and UST. These stablecoins showed greater signs of weakness. The collapse of the parity between the UST and the dollar confirmed the risk of losing parity to the dollar. Either way, both categories of stable coins benefited from some speculative movement. Several protocols are accessible for users to enjoy returns on their stablecoins. Some Internet users have not hesitated to criticize this system as a "Ponzi" scheme, which consists of paying the interests of investors with the funds of new investors.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">As a reminder, stablecoins represent around 10% of the entire cryptocurrency market and weigh a large part of the trade. It is difficult to imagine the cryptocurrency market today without stablecoins. In addition to their qualities of stability, stable coins had a purely utilitarian aspect between individuals or institutions. From now on, stable coins<a href="https://www.cryptosavvy.com/2021/09/stablecoin-why-how-invest.html"> </a>raise the question of their security in the face of crises and, above all, their reliability and sincerity concerning the guarantees presented. Most stablecoins seem to be maintaining their parity, but this crisis has shown that the risk of a total and rapid collapse cannot be ruled out.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Terra Luna: Questioning stablecoins and cryptocurrency in general?</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Several days after the collapse of LUNA, the price does not seem to show any signs of a good rebound. However, the UST rose to $0.2 on May 15, but parity at $1 still seems far away. A resurgence of the <a href="https://www.cryptosavvy.com/2022/01/invest-terra-luna-complete-guide.html">Terra ecosystem</a> is unlikely, and a return to pre-crisis thresholds, particularly on LUNA, does not seem realistic given the current market environment and market sentiment.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The Terra crisis will remain a historic crisis in the cryptocurrency market, which lost the equivalent of $350 billion in capitalization in 4 days (-23%). In addition, several ecosystems are impacted, such as mining companies. Beyond this example, this raises the question of spreading such crises to the entire cryptocurrency market. In any case, the absence of liquidity in the stock markets for several months, driven by central banks and the macroeconomic context, has revealed inherent weaknesses in cryptocurrencies.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-48128304042119096952022-05-22T13:51:00.013+01:002022-08-23T13:37:14.791+01:00Binance Clarifies The Causes Of Luna's Collapse <p style="text-align: justify;"><span style="font-family: arial;">In an article on the platform's official website, the CEO of Binance, one of the largest cryptocurrency exchanges, said that the past week was a difficult time for everyone due to the collapse of LUNA, saying that what happened to the <a href="https://www.cryptosavvy.com/2022/01/invest-terra-luna-complete-guide.html">Luna crypto coin</a> occupied most of the topics he discussed in his meetings and discussions And it will be an unforgettable lesson in the World of digital currencies.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-wOG2eS8CQ7miIjVao85ZgBXYcTdm-gi7BIOx8pZCFE7tkl8vmPN5Wrme7TK_R_Ynnj1dcGxw0cWcaJDJ0uG0_cG0sQmV8geqtaTun6XMbJ-4IOOCu57rZkqW7b28zCIIBPg2fx4RgtDkaCO2iCj_aLWnRssLjQPXGf0R1sGuMitj8tZ_DYETwaRj/s600/The%20Collapse%20of%20Luna.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Binance Clarifies The Causes Of Luna's Collapse" border="0" data-original-height="338" data-original-width="600" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-wOG2eS8CQ7miIjVao85ZgBXYcTdm-gi7BIOx8pZCFE7tkl8vmPN5Wrme7TK_R_Ynnj1dcGxw0cWcaJDJ0uG0_cG0sQmV8geqtaTun6XMbJ-4IOOCu57rZkqW7b28zCIIBPg2fx4RgtDkaCO2iCj_aLWnRssLjQPXGf0R1sGuMitj8tZ_DYETwaRj/w640-h360/The%20Collapse%20of%20Luna.jpg" title="Binance Clarifies The Causes Of Luna's Collapse" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">The CEO of Binance talked about the problems that LUNA faced and how to avoid these problems in the future, saying that protecting the affected users is what they care about most. Still, there are no great solutions that can satisfy everyone at the moment.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">C.Z., CEO of Binance, one of the largest cryptocurrency exchanges, talked about the most stupid design flaw in LUNA is the thinking that minting more cryptocurrencies will increase its market value since printing money does not create value for it, therefore, minting <a href="https://www.cryptosavvy.com/2022/01/invest-terra-luna-complete-guide.html">LUNA coins</a> significantly led to worsening the problem a lot.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Binance emphasized that everything was built on a shallow, enduring self-concept, whereby the Terra ecosystem was rapidly growing and out of proportion to the speed at which incentives were being introduced and used to attract new users. And Terra's slow handling of the LUNA crash made matters worse, as the entire accident could have been avoided if they had used up their reserves when the loss rate was 5%.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">He continued that after Luna's value crashed by 99%, the team tried to use 3 billion dollars to save the currency, saying that in this case, it does not look like a scam, but it was just stupid and that the Terra team should have always been very responsive. Operationally, and to communicate permanently and frequently with users, especially in times of crisis.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The Binance CEO believes that more guidance is needed to regulate stablecoins, give more attention to <a href="https://www.cryptosavvy.com/2021/09/stablecoin-why-how-invest.html" target="_blank">stablecoins</a>, and not let a single failed company kill the entire industry and move on.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The CEO mentioned many instructions that investors can take to reduce risks, such as diversifying the investment portfolio and not putting all savings in one currency because it offers a high percentage of benefits, in addition to staying away from investments that provide increased benefits, in addition to educating well in this the new World.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-20148900163807532502022-05-17T21:05:00.007+01:002022-10-01T21:26:03.272+01:00 Integrating Nft Into Traditional Games: Will It Drive Investors To Games?<p style="text-align: justify;"><span style="font-family: arial;">NFTs are everywhere! This is the impression of the massive arrival of these "non-fungible tokens" or "non-fungible tokens" in various fields. Lately, it is within the video game industry that NFTs are creating a real revolution. Formerly reserved for insiders, the gaming world is now taken over by brands and by NFTs. A trend that will upset the video game, or is it a world too specific and impenetrable to attract investors?</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCz4wcvpfUNo3XqCWNGABEJmKDHRj6OE0nzPGTCKMlgZ-YzBbch0RwpjJcFzc68D6874rFS4pw5CVqwrCdPKx7bYTMDPebh8379Qha5QHRWH4mqiCadULgWpnugYsDH8SJZFfLY1cmdL734OskCtcPG1_tJ80m9Ysrvr-nlPEQtUqxCUu6i7_FWWCL/s1280/Integrating%20Nft%20Into%20Traditional%20Games.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Integrating Nft Into Traditional Games: Will It Drive Investors To Games?" border="0" data-original-height="745" data-original-width="1280" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCz4wcvpfUNo3XqCWNGABEJmKDHRj6OE0nzPGTCKMlgZ-YzBbch0RwpjJcFzc68D6874rFS4pw5CVqwrCdPKx7bYTMDPebh8379Qha5QHRWH4mqiCadULgWpnugYsDH8SJZFfLY1cmdL734OskCtcPG1_tJ80m9Ysrvr-nlPEQtUqxCUu6i7_FWWCL/w640-h372/Integrating%20Nft%20Into%20Traditional%20Games.jpg" title="Integrating Nft Into Traditional Games: Will It Drive Investors To Games?" width="640" /></a></div><br /><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">To fully understand the issues, it is necessary to make a small reminder: an NFT is a certificate of ownership of a digital asset (electronic music, an accessory in a video game, a photographed work of art, etc.). A virtual code is assigned to each NFT and is thus integrated into the Blockchain, such as Bitcoin. In summary, acquiring an NFT is equivalent to buying crypto. The goal is to allow digital creations to have their certificate of ownership like a physical object.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Neymar spends 1 million euros on NFT</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Who says certificate? He says value. Inevitably, some NFTs have a skyrocketing rating and can be traded for several thousand euros. Recently, the famous Brazilian football player Neymar distinguished himself by announcing that he had acquired the Bored Ape Yacht Club, a primate design valued at one million dollars. The footballer is not the only millionaire to embark on the NFT adventure. The arrival of this phenomenon in video games should cause some emulation in gaming.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">It must be said that video game publishers see immense opportunities to create value. With 2.7 billion users in 2020 for $300 billion in revenue (a figure that will increase in 2021 and then in the years to come), the video game industry has never been better. Therefore, the arrival of NFTs will probably encourage investors to get involved in developing opportunities.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>"Gamer to win."</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">"Play to earn": play to win. With these words, the new Fractal platform, for example, laid the groundwork for its identity in December 2021. Created by Justin Kan, the co-founder of Twitch, Fractal is a beautiful illustration of the revolution sparked by the arrival of NFTs in the video game world. The goal of this platform is to manage to unlock unique virtual objects by playing your favorite games. The French developer Ubisoft has also embarked on the NFT adventure. Certain things such as assault rifles present in the game Ghost Recon: Breakpoint are subject to speculation to reach sums equivalent to 400,000 euros each.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The idea developed is that the game can only be virtuous: pleasure to earn money since acquiring a unique object can then be valued on the market. Special outfits will then be purchased or found by gamers in the virtual universes where they evolve. This is how some luxury or ready-to-wear brands are now developing businesses for video game characters.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This trend is only in its infancy and raises some doubts among "traditional" players. The latter is concerned about the commodification of video games and their impact on game modes and habits. Today, it is still challenging to know to what extent NFTs will permeate the world of video games. Will this trend stick around as a gimmicky attraction, or will it lead to a larger-scale economy?</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-18180263267238074052022-05-17T20:00:00.004+01:002022-06-07T16:50:13.127+01:00Cryptocurrency Scams: 300 Websites To Avoid<p style="text-align: justify;"><span style="font-family: arial;">Many individuals have recently invested in crypto-assets, which are risky and potentially profitable. Discover in this article our focus on three actions to take before investing and the blacklist of websites offering investments in crypto-assets.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjGFK_N3dKl60M2LczqnHT2IuJGpr0CRapsTTZ5TVP-k2EX9yqY5-UOipDb9cxAwh3Cz8bZkrJS_IZ0jCYutXck3xgrdn60dDfCbe88Y-bKcMZ_Z4tKGvPhPkYrgbyJ4DU6HFGzY2u96Rq4aWRBSCSw9rHITlo_oXro2DyU1mKKcZVFd7TOyglpJIl/s900/Cryptocurrency%20Scams.jpg" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: arial;"><img alt="Cryptocurrency Scams: Tips And Websites To Avoid" border="0" data-original-height="506" data-original-width="900" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjGFK_N3dKl60M2LczqnHT2IuJGpr0CRapsTTZ5TVP-k2EX9yqY5-UOipDb9cxAwh3Cz8bZkrJS_IZ0jCYutXck3xgrdn60dDfCbe88Y-bKcMZ_Z4tKGvPhPkYrgbyJ4DU6HFGzY2u96Rq4aWRBSCSw9rHITlo_oXro2DyU1mKKcZVFd7TOyglpJIl/w640-h360/Cryptocurrency%20Scams.jpg" title="Cryptocurrency Scams: Tips And Websites To Avoid" width="640" /></span></a></div><span style="font-family: arial;"><br /></span><p></p><h2 style="text-align: justify;"><span style="font-family: arial;">What is a crypto scam?</span></h2><p style="text-align: justify;"><span style="font-family: arial;">The term scam comes from English and can be translated into French as scam or scam. As the cryptocurrency industry is still largely unregulated, many scammers have already been around and are still trying to scam gullible crypto investors.</span></p><p style="text-align: justify;"><br /></p><h4 style="text-align: justify;"><span style="font-family: arial;">Scam Alert</span></h4><p style="text-align: justify;"><span style="font-family: arial;">This article will tell you how the most common crypto scams work. With our advice, you should be able to avoid falling into most of these traps.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Are there a lot of cryptocurrency scams?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">If things have improved a lot since the appearance of the first cryptocurrencies, there are still many scammers who plague this industry. Therefore, it is essential to be careful before investing in a project or entrusting your money to a stranger.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">It is nevertheless necessary to distinguish between scams, exchange hacks, or errors on your part. In the latter cases, you will also lose your money, but it will not be because of a scammer.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">To avoid losing your money following the hacking of an exchange site, the rule of caution is never to leave your digital assets on a trading platform. Although some exchanges like Binance are now very secure and have a special fund to reimburse losses incurred after a hack, this is far from the case for all platforms.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Finally, you also have to be careful when you want to transfer your digital assets. Indeed, if you insert a wrong wallet address, the funds you have sent will no longer be accessible, and it will be impossible to recover them.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">How to spot scams?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">There are many different scams, and it is impossible to explain them all. However, it is almost always a scam when the promises of returns are too high or you are told that you don't need to make the slightest effort to earn money.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Perhaps the most common scam is the one that asks you to send a certain number of BTC or ETH to a given address and then receive double or triple it a few minutes later. Of course, once you've sent your money, you won't accept anything.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Another very common scam is getting contacted on Telegram. Generally, an individual will impersonate an admin of one of the crypto channels you follow. He will try to impersonate him and try to get digital assets from you. Sometimes the scammers are well versed and know the project, giving us confidence. However, admins will never contact you privately on Telegram, and any attempt to do so may be considered a scam.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Scammers are usually easy to spot. To avoid most scams, it is, therefore, necessary to show the presence of the mind. If you have the slightest doubt, do not hesitate to call on friends who know about cryptos or post on specialized forums to find out what it really is.</span></p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;"><span style="font-family: arial;">Virtual currency: 3 actions to have before investing</span></h3><h4 style="text-align: justify;"><span style="font-family: arial;">Find out about the online broker.</span></h4><p style="text-align: justify;"><span style="font-family: arial;">First, check that the financial intermediary with which you wish to operate is not on the AMF blacklist below and that it is well referenced, authorized, and therefore registered. Be careful; it is not because the broker is not on this list that it is reliable. It will also be necessary to obtain as much information about this company (legal status, registered office, financial solidity, etc.). Finally, even if the site does not appear on the blacklist of unauthorized crypto-asset websites. If this is not the case, avoid dealing with this provider.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Attention, we alert our readers to the fact that some brokers claim not to be on the blacklist published on our site (below) to convince you to open an account with them. Remember that this list is not exhaustive and changes over time. Beware of brokers who use it as an argument and refer to the broker's registration in the register of financial agents and the registration number.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Understand the technology beyond cryptocurrency</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Secondly, before investing in Bitcoin, Ether, or Ripple, it is advisable to fully understand the technology behind these virtual currencies. Not only should blockchain technology no longer hold any secrets for you, but you should also know what are the characteristics of the crypto assets you wish to buy and understand their strengths and limitations.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"></h4><p style="text-align: justify;"><span style="font-family: arial;">Finally, always keep in mind that the authorization to practice by the AMF does not mean that the products offered by the intermediary are without risk. Keep in mind that the risk is very present in virtual currencies. In the case of cryptocurrencies, the risk is real and significant. These are indeed highly volatile assets. So invest money that you are willing to lose! Or at least that you don't need. This will undoubtedly be more profitable and interesting than buying lottery tickets, but never invest in such financial products the money you need to repay a mortgage or finance your children's studies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Cryptocurrency: the blacklist</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Here are the unauthorized crypto-asset sites as of March 30, 2022</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">www.01crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.365crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.365globalmarket.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.acheter-des-bitcoins.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.admiral-markets.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.agencecentraledescryptomonnaies.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">agkapital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.algo-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.aroxcapital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.aurusinvest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.avenir-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bank-of-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.beta-venture.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bforfinance.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">bforinvest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bit24coin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoin-champion.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">bitcoincode.store/click/geo_bitcoin_code_roi</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoinera.app</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoin-formation.club</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoin-hausse.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">bitcoinlifestyle.io</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoinoie.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoin-pas-chere.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoin-patrimoine.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcoinrevolution.org</span></p><p style="text-align: justify;"><span style="font-family: arial;">bitcoin-storm.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitconeo.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.bitcointrader.site</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.btcbrokerz.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.btc-cap.net</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.btcoinpro.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.btcswing.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.c4iex.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.capital-coins.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.capital-coventry.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.centogx.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cmccapital.net</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.coin-financial.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">coinrevelation.com/</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.conseilcrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptobourse.net</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptocash24.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.crypto-eco.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptoeraonline.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptofast.net</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptofrancecapital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptofundfx.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.crypto-institute.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">cryptolegacypro.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptomonaies.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptomoney888.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.crypto-next.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptoning.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptoprofx.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptoquicker.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptorama-bank.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptos.solutions</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptos-advisor.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptos-house.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptos-investing.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptosone.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.cryptosuissecapital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">cryptovip-club.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.ctxholdings.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.currenxro.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">daily-investment-deals-now.com/bitcoin-trader</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.directco-invest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.direct-ep.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.eco-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.ecoin-stock.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.epargnebitcoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.euro-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.euro-cryptos.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">extra-gains.com/bitcoincode</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.fair-oakscrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.falcon-wl.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">fc.bitcoinfrance-appl.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.finances-markets.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.finetero.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">fr.bitcoin-now.tiptopko48.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">https://fr.circuit-btc.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">kiplar.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.fundcryptosecure.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.futur-solution.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.globalco-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.gmt-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.good-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.gwt-capital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.idigitale-finance.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.interactifonline.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.interactivecoins.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">intertradesfx.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.ism-capital.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.jbcapitals.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">kracoin.fr</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.kryptofx.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.kryptoneo.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.kryptowize.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.lacentraledescryptomonnaies.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">landing.marketstm.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.lh-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.lhk-group.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.libra-maximizer.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.mabanquecrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">man-investments.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.mcminage.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.moneo-invest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.moneyo.io</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.monnaiestech.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.mycrypto24.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.mycrypto-invest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.newcfds.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.originalcrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.origincrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.origine-bitcoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.paiement-bitcoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">paradisecrypto.net/</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.phoenix-gm.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.positiva-ad.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.prix-bitcoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.rmcas-ltd.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.save-coins.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">securebitgains.com/bitcoinera</span></p><p style="text-align: justify;"><span style="font-family: arial;">securedailywealth.com/bitcoinpro/</span></p><p style="text-align: justify;"><span style="font-family: arial;">securedailywealth.com/the-bitcoin-era/</span></p><p style="text-align: justify;"><span style="font-family: arial;">securelyriches.com/bitcoinevolution</span></p><p style="text-align: justify;"><span style="font-family: arial;">securelyriches.com/bitcoin-revolution</span></p><p style="text-align: justify;"><span style="font-family: arial;">secureriches.com/bitcointraderc</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.solidinvest.co</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.solution-invest.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.stock-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.stscrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.stsroyal.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.thecryptolimited.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.tradabank.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.tradezlescrypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.undercryptos.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.union-crypto.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.vendre-achat-bitcoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.versatiscoin.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.wallet-coins.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.wallet-france.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.wallet-secur.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.xcoinbroker.com</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.xemanage.com/bitcoinstorm</span></p><p style="text-align: justify;"><span style="font-family: arial;">www.ydconsultant.com</span></p><div style="text-align: justify;"><br /></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><div><span style="font-family: arial;">Conclusion on the Cryptocurrency Scams</span></div><div><span style="font-family: arial;"><br /></span></div><div><span style="font-family: arial;">Even if cryptocurrencies are a revolution and will eventually change our way of life, we must admit that there are many scams in the sector. Therefore, it is necessary not to be naïve and always remain on your guard.</span></div><div><span style="font-family: arial;"><br /></span></div><div><span style="font-family: arial;">The basic rule to respect is to never believe promises of hallucinating gains. If that sounds too good, there must be a scam somewhere. It is practically impossible to recover the money one loses because of fraud.</span></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-65394993697125263472022-05-17T19:00:00.005+01:002022-05-17T23:33:18.486+01:00The Russia-ukraine Conflict: What Is The Impact Of The War On Cryptocurrencies?<p style="text-align: justify;"><span style="font-family: arial;">Since the invasion of Ukraine, fighting between Russian and Ukrainian forces has escalated, and the nuclear threat has been issued by Russian President Vladimir Putin, who responded to Emmanuel Macron's speech by saying he will continue "without compromise" his offensive against the "nationalists" of Ukraine…</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgx2_-Ydmbmm9IBIQK-jrtiaC2d72k5bZGU4Ypr5qqbpDFSXxi27aldg2TTo-y2S0UYgceuh8HVVQxUoQTbgkF6EByZi-27rPgsPxbzng48iyAiW6UKoc1Ltn9ZgB3fKTacAinc7HXAVZC8PT5MEihNiN9kG4Tsellb8m9kuYAGHsvxD2eBQhQZtHx1/s900/Russia-Ukraine-Cryptocurrencies.webp" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="The Russia-ukraine Conflict: What Is The Impact Of The War On Cryptocurrencies?" border="0" data-original-height="500" data-original-width="900" height="356" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgx2_-Ydmbmm9IBIQK-jrtiaC2d72k5bZGU4Ypr5qqbpDFSXxi27aldg2TTo-y2S0UYgceuh8HVVQxUoQTbgkF6EByZi-27rPgsPxbzng48iyAiW6UKoc1Ltn9ZgB3fKTacAinc7HXAVZC8PT5MEihNiN9kG4Tsellb8m9kuYAGHsvxD2eBQhQZtHx1/w640-h356/Russia-Ukraine-Cryptocurrencies.webp" title="The Russia-ukraine Conflict: What Is The Impact Of The War On Cryptocurrencies?" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">These significant uncertainties concerning the potential impact of this conflict, and the resulting sanctions against Russia, have caused the global financial markets to plummet and have caused the price of several agricultural and energy raw materials such as wheat, oil, and even natural gas. The cryptocurrency market is also impacted and seems to be at the heart of the conflict between Russia and the rest of the world.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In this article, let's find out what role cryptocurrencies play in the war in Ukraine and the consequences of the conflict on the price of virtual currencies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial;">Ukraine wants cryptocurrency exchanges to block Russian users.</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Russia is targeted by numerous economic and financial sanctions for having invaded Ukraine, particularly by the United States and the European Union. We will think in particular of the freezing of the assets of many political figures and Russian oligarchs, the decisions to limit the capacity of the Russian central bank to access its reserves or even the removal of Russia from the SWIFT banking network.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">For Russia to be really impacted by the sanctions imposed by the rest of the world and not be able to circumvent these measures through an unconventional financial system, Ukrainian Prime Minister Mykhaylo Fedorov asked several major cryptocurrency exchanges to freeze crypto funds in Russian accounts.</span></p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;"><span style="font-family: arial;">But the biggest crypto exchanges refuse</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The largest cryptocurrency exchange platforms globally, such as Coinbase, and Binance, have rejected this request. Some say they are ready to comply with legal requirements if they receive suspension requests from specific users targeted by the sanctions.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">However, many exchange leaders point out that cryptocurrencies were created so that everyone could become their own bank, and no one could control the crypto assets you hold because they are entirely decentralized.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This is why agreeing to freeze the crypto assets of Russians unilaterally would go against the very principle of cryptocurrencies, namely the values of freedom and financial independence.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Cryptocurrencies: weapons at the heart of the conflict between Ukraine and Russia</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">But the war in the East could become a crypto conflict as cryptocurrencies are increasingly seen by Russians to circumvent economic and financial sanctions imposed on Russia and escape surveillance and even guardianship. , governments.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Cryptocurrencies like Bitcoin, the 1st cryptocurrency in the market by market capitalization, can indeed 1) serve as a tool to prevent global powers from quickly robbing users of their fiat currency savings and 2) as an alternative to combat the loss of purchasing power of their currency when central banks print unlimited money to support their economies.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">For some, the current situation clearly shows the role of cryptocurrencies – particularly Bitcoin – as a store of value, especially in the collapse of the Russian ruble (RUB) or the Ukrainian Hryvnia (UAH).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Ukraine also benefits from cryptocurrencies in this conflict, which were already heavily used by the population as a safe haven before the invasion of the country by the Russians. The country legalized cryptocurrencies just before Russia's invasion and accepts donations in Bitcoin, Ether, and USDT. The country would have received more than 52 million crypto donations to date!</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">What impact on cryptocurrency holders?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Bitcoin initially lost ground as geopolitical tensions escalated due to the military conflict between Russia and Ukraine, to trade below $35,000. However, the price of Bitcoin then recovered strongly to the level of $ 43,900 at the time of writing this article, more than a 20% gain in 7 days. The leading cryptocurrency trading volumes have also exploded, particularly in Ukraine and Russia.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The decorrelation of Bitcoin with the traditional markets in the fall seems to support the idea that the BTC illustrates itself as a kind of alternative safe haven. Only time will tell if the perception of Bitcoin's role in times of crisis will change. BTC holders are hoping the allure of the token during this war will lead to a surge in its adoption and a rise in its price towards its all-time high above $68,000.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-51185636987663707022022-05-17T15:52:00.002+01:002022-05-17T16:34:21.035+01:00Should You Buy Solana Right Now?<div style="text-align: justify;"><span style="font-family: arial;">Solana is one of the cryptocurrencies and Blockchain projects that are emerging and whose future may be bright. In this article, we analyze the Solana cryptocurrency, its main characteristics, strengths and limitations, and prospects and potential. Also, discover how to invest in Solana and our focus on Solana staking.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMHfAzhU7v_zDmfMfr7EBWTN1G5mOVITaM3FcmHSEXcnpV3n6rl_zuyN7SKebgLWJCnFdrBy1T1mLdLOYgkAmW4Htb-aU6w-VMPGHuscOcVJy09Y_NMGYZqJPkoFGU37RceOlj-5r7a8-VnljpqxZx48qkqGood0I-Lebx-u66IvlxtNF7MNNmy-hK/s1280/Solana.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Solana: how does it work" border="0" data-original-height="743" data-original-width="1280" height="372" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMHfAzhU7v_zDmfMfr7EBWTN1G5mOVITaM3FcmHSEXcnpV3n6rl_zuyN7SKebgLWJCnFdrBy1T1mLdLOYgkAmW4Htb-aU6w-VMPGHuscOcVJy09Y_NMGYZqJPkoFGU37RceOlj-5r7a8-VnljpqxZx48qkqGood0I-Lebx-u66IvlxtNF7MNNmy-hK/w640-h372/Solana.jpg" title="Solana: how does it work" width="640" /></a></div><br /><span style="font-family: arial;"><br /></span></div><h2 style="text-align: justify;"><span style="font-family: arial; font-weight: normal;">Solana: how does it work?</span></h2><div style="text-align: justify;"><span style="font-family: arial;">To understand how Solana Network works, we must first look at the parts that make up this protocol. Among these parts, we can highlight the following.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h4 style="text-align: justify;"><span style="font-family: arial;">The Solana Proof of History (PoH) Consensus Protocol</span></h4><div style="text-align: justify;"><span style="font-family: arial;">Proof of History (PoH): The Solana consensus protocol Proof of History (PoH) is the cornerstone of Solana since this protocol is the one that offers the possibility of processing transactions at high speed and in complete safety. Proof of History is a Proof of Stake (PoS) type consensus protocol whose operation depends on the use of time and a type of function known as Verifiable Delay Function.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Solana's Verifiable Delay Function validation process</span></h4><div style="text-align: justify;"><span style="font-family: arial;">For a PoH validator to work on the network, it has to do some staking which gives it voting power within the network; the validation process uses the Verifiable Delay Function as an additional means of security to the simple lottery commonly seen in most PoS algorithms.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">In this sense, Solana's Verifiable Delay Function PoH works in two ways:</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><ul><li><span style="font-family: arial;">it allows you to order network transactions chronologically so that they are tracked in precisely that order</span></li></ul><ul><li><span style="font-family: arial;">It creates an intrinsically time-bound cryptographic system in which transactions are made, taken, and verified by the network. This is possible because Verifiable Delay Functions use the temporary transmit (Tx) parameters to perform a unique cryptographic function to ensure their validity.</span></li></ul></div><div style="text-align: justify;"><br /></div><h3 style="text-align: justify;"><span style="font-family: arial;">The advantages of Solana</span></h3><div style="text-align: justify;"><span style="font-family: arial;">The main problem with the current Blockchain is that it supports very few transactions per second (tps).</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">For example, Bitcoin supports between 5 and 8 transactions per second and Ethereum between 12 and 20. As soon as these numbers are exceeded, the network has no choice but to become congested. What does that mean? That transaction fees increase so that these transactions are validated before the rest. According to its developers, Solana can exceed the figure of 50,000 transactions per second, making it the fastest network in existence.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">Gulf Stream allows Solana to push failed or unconfirmed transactions away from the edge of the network</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">Additionally, Solana includes the Gulf Stream, which eliminates the mempool used in some cryptocurrencies such as Bitcoin and Ethereum, so Solana distributes transactions between validators, even before they finish validating the previous batch of transactions. . This allows you to reach maximum speed and as many transactions as possible simultaneously.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">Turbine makes it quick and easy to propagate information between nodes</span></div><div style="text-align: justify;"><span style="font-family: arial;">On the other hand, Solana also has the Turbine protocol, which propagates the blocks to facilitate the delivery of information to the nodes since the Solana protocol only takes about 0.5 seconds per block. The turbine divides block information into small sections sent by the network and tells nodes the content for building the block.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">If, by coincidence, a node does not have the necessary information to create a block, it can request it from the rest of the network in parallel, thus reducing bandwidth.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">Solana can support 100,000 transactions per second (TPS) and 700,000 when the network matures.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw1xepWo660elP9YJl3XzQem0WyxgfLBviKjagCcqpTTDxGDsi2GohgzF9qNaExF4IQeVquGeN0B02k9Opr9x-aozLHJ6wz1jaFppynH7sWbJHjl2JqHNL4Ifwx69s0re1rkJZs_tNKveLR_u30pqh8zGWaePFmQafxq0QCrr4IGUAErI4SwOZHR5X/s945/transactions-Solana.png" style="margin-left: 1em; margin-right: 1em;"><img alt="Should You Buy Solana Right Now" border="0" data-original-height="339" data-original-width="945" height="230" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw1xepWo660elP9YJl3XzQem0WyxgfLBviKjagCcqpTTDxGDsi2GohgzF9qNaExF4IQeVquGeN0B02k9Opr9x-aozLHJ6wz1jaFppynH7sWbJHjl2JqHNL4Ifwx69s0re1rkJZs_tNKveLR_u30pqh8zGWaePFmQafxq0QCrr4IGUAErI4SwOZHR5X/w640-h230/transactions-Solana.png" title="Should You Buy Solana Right Now" width="640" /></a></div><br /><span style="font-family: arial;"><br /></span></div><div><h3 style="text-align: justify;"><span style="font-family: arial;">Cons of Solana</span></h3><div style="text-align: justify;"><span style="font-family: arial;"><b>Solana: a beta version</b></span></div><div style="text-align: justify;"><span style="font-family: arial;">Technically, Solana is still in beta. This is not uncommon for blockchain projects, which are almost all experimental in some respects.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Very high validator requirements</b></span></div><div style="text-align: justify;"><span style="font-family: arial;">Solana pays the price for its speed: the requirements for validators (validators are computers that help run the Solana network) are very high. While, in theory, anyone can run a validator node on Solana, the high cost of building, running, and maintaining such a machine will alienate many users. In theory, this makes the network less decentralized, as more power is concentrated in the hands of fewer users.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">This could cause other problems. For example, validator nodes that are not powerful enough to handle network activity can cause slowdowns or instability, which occasionally occurs in Solana.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: arial;">Solana: an early-stage network</span></h3><div style="text-align: justify;"><span style="font-family: arial;">Finally, Solana has simply not been as tested as Ethereum, active since 2015. There may still be bugs or undiscovered issues affecting network performance or security.</span></div></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div><h3 style="text-align: justify;"><span style="font-family: arial;">Solana's potential</span></h3><div style="text-align: justify;"><span style="font-family: arial;">Solana has a cryptocurrency (a token) named SOL. The world of cryptocurrencies is subject to rapid change, but SOL is one of the most traded tokens on Coinbase and Binance. Ranked ninth on Coinmarketcap, Sol reached a historical price of $259.59 on November 6, 2021, and subsequently lost over 70% of its value. Since then, Sol has been trading reliably above the big $50 support.</span></div></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf9m57aAH1OckC4u3BTH-Zzy70Y-DU6pTSmOqu_q5QnzCyJuOb81yvGIO1HNzFW4qFCB8yc7M0L1BMfgBgvR0D7hBFW0AIW-dVPZ_j7bTNxCe7OBpwLbYrWKOo6KPkrxt52dUnt-aH0kP6-qem9ILyFjGAfmOYVO4KL89Brr7NbO7OD9x4EV7ACcee/s945/Solana-buy.png" style="margin-left: 1em; margin-right: 1em;"><img alt="Should You Buy Solana Right Now" border="0" data-original-height="522" data-original-width="945" height="354" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf9m57aAH1OckC4u3BTH-Zzy70Y-DU6pTSmOqu_q5QnzCyJuOb81yvGIO1HNzFW4qFCB8yc7M0L1BMfgBgvR0D7hBFW0AIW-dVPZ_j7bTNxCe7OBpwLbYrWKOo6KPkrxt52dUnt-aH0kP6-qem9ILyFjGAfmOYVO4KL89Brr7NbO7OD9x4EV7ACcee/w640-h354/Solana-buy.png" title="Should You Buy Solana Right Now" width="640" /></a></div><span style="font-family: arial;"><br /></span></div><div><h3 style="text-align: justify;"><span style="font-family: arial;">Solana's vast ecosystem</span></h3><div style="text-align: justify;"><span style="font-family: arial;">Solana has an ecosystem of more than 1,464 innovation-based projects; the network extends from the world of decentralized finance (Defi) to the universe of NFTs. Its ecosystem is wide and varied and includes AMMs (Automated Market Makers), decentralized exchanges, NFT buying and selling platforms, games, and Defi platforms. In total, applications passing through Solana move billions of dollars.</span></div></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div><h2 style="text-align: justify;"><span style="font-family: arial;">How to invest in Solana</span></h2><div><span style="font-family: arial;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: arial;">How to buy Solana</span></h3><div style="text-align: justify;"><span style="font-family: arial;">To buy SOL, the best and easiest thing to do is through your personal wallet. This way, you retain ownership of the private keys.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: arial;">How to trade SOLANA</span></h3><div style="text-align: justify;"><span style="font-family: arial;">To trade Solana, the SOL ticker, it is best to do so through cryptocurrency exchanges that are safe, reliable, and have enough users to ensure liquidity, i.e., allow you to enter and get out of your cryptocurrency.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: arial;">How to stake Solana</span></h3><div style="text-align: justify;"><span style="font-family: arial;">https://solanabeach.io/ is the link to the site allowing you to stake sol tokens. All you have to do is buy Sols on an exchange (Binance, coinbase ..), transfer your Sols to Solanabeach to stake them, and be eligible for rewards.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><h3 style="text-align: justify;"><span style="font-family: arial;">What forecast for Solana?</span></h3><div style="text-align: justify;"><span style="font-family: arial;">The Solana blockchain has many features that make it a key technology within the crypto ecosystem. Especially since it can guarantee good scalability and process a large number of transactions per second.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">On the other hand, Solana has been backed by FTX CEO Sam Bankman-Fried and additional benchmark funds.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">If the Proof of Stake mechanism combined with the Proof of History mechanism proves to be secure, many others may choose to use it by leaving out other blockchains.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">This network seeks to directly compete with Ethereum, offering a more flexible platform and faster settlement of transactions. In an environment where Ethereum presents some speed and cost issues in transactions, alternatives such as Solana can catch the attention of investors and, more importantly, users.</span></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-26204203329207286342022-03-11T23:00:00.029+00:002022-03-11T23:00:00.187+00:00 Stellar XLM Price: Real-time Evolution, History And Predictions<p style="text-align: justify;"><span style="font-family: arial;">Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">Lumens is a promising cryptocurrency with some cool features. It is a decentralized and open-access platform that allows currencies and assets to be exchanged thanks to its autonomous stock exchange. This open source blockchain uses advanced technology. As a result, many investors are interested in the price of Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgoPufPVyTzmZFnG45EiRjWyX9O-4p5Y8jeXp-mJ7ARKdYZpz-wIeHtULzpC0n7XWM25D7KhFpFNHrHsmY008Q3LQ2PciAFvpsPIx3OADZuZ_6RKICoaoPfunMKez3GoNPlwZnXijGJwFVHT2PZ9GgAg60l0zwZ-LKMq8vn9nnva0n5Sm9anVgXDm8a=s1920" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Stellar Price: Real-time Evolution, History And Predictions" border="0" data-original-height="1080" data-original-width="1920" height="360" src="https://blogger.googleusercontent.com/img/a/AVvXsEgoPufPVyTzmZFnG45EiRjWyX9O-4p5Y8jeXp-mJ7ARKdYZpz-wIeHtULzpC0n7XWM25D7KhFpFNHrHsmY008Q3LQ2PciAFvpsPIx3OADZuZ_6RKICoaoPfunMKez3GoNPlwZnXijGJwFVHT2PZ9GgAg60l0zwZ-LKMq8vn9nnva0n5Sm9anVgXDm8a=w640-h360" title="Stellar Price: Real-time Evolution, History And Predictions" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">Here is a Stellar Lumens price guide that will allow you to better understand its definition, operation and usefulness.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;"><b>Our Stellar </b>XLM </span><b style="font-family: arial;">Guides</b></h3><p style="text-align: justify;"><span style="font-family: arial;">The value and price of Stellar Lumens </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">has steadily increased since its launch in 2014.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Its price per unit tickled $0.92 in January 2018. Subsequently, the price of Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">Lumens collapsed considerably by 45%. Currently, the price of Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">is stable because we have seen the price of the Stellar Lumens unit 0.65$. Thanks to its capitalization, the crypto currency ranks 14th in the world ranking. The question now is how high will the price of Stellar Lumens go?</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Historical Stellar Lumens XLM Value And Price</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Since its inception, the price of Stellar Lumens </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">has continued to evolve. To understand it and better understand it, it is important to go back to its history.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Stellar Price 2014</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Stellar (XLM) is an open source payment protocol that was created in 2014 by Jed McCaleb and Joyce Kim.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In August of the same year, XLM rose rapidly: it was worth 0.003$ and 5 days later its value increased to show Stellar XLM 0.006$.</span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b><br /></b></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Stellar Price 2015</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Even though the Stellar was born in 2014, its roadmaps were actually unveiled to the public in April 2015 only. However, it was not until November 2015 that the upgraded version of the cryptocurrency went live, and changed from Stellar to Lumen.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>XLM price in 2016</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">From its creation date until 2016, the price of Stellar was highly unstable, having fluctuated widely between 0.002</span><span style="font-family: arial;">$</span><span style="font-family: arial;"> and 0.004$.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>XLM price 2017</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">2017 is the year of many changes in the price evolution of Stellar. Its price has increased significantly this year, and the cryptocurrency was worth 0.05</span><span style="font-family: arial;">$</span><span style="font-family: arial;">.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">2017 also represents the year of signing important partnerships between Stellar and IBM, as well as other organizations to carry out money transactions between Europe, the Middle East and Africa.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>Stellar price 2018</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The year 2018 represents a major turning point for the value of Stellar. On January 3, 2018, the XLM was worth almost 0.92</span><span style="font-family: arial;">$</span><span style="font-family: arial;">. However, the cryptocurrency subsequently fell by 45%.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>Stellar price in 2019</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">At the beginning of 2019, the Stellar price fluctuated around 0.07</span><span style="font-family: arial;">$</span><span style="font-family: arial;"> per unit.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>Prices 2020</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Despite the coronavirus health crisis, the value of Stellar and its 24-hour volume are rather stable. Its price currently fluctuates around 0.06 $.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Who Determines The Price Of The Stellar XLM </span>?</h3><p style="text-align: justify;"><span style="font-family: arial;">Today, there are nearly 20 billion Stellar in circulation around the world, out of the 50 billion that are due to go live. Unlike traditional currencies like the euro or dollar, this cryptocurrency is not governed by a financial institution.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The price of Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">is totally linked to the law of supply and demand. The higher the demand, the more its value will increase. Conversely, when the supply is higher, the price tends to fall.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">What Factors Will Fluctuate The Value And Price Of Stellar?</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Apart from supply and demand, several factors can influence the price of Stellar in real time and cause its price and volume to fluctuate 24 hours. This is particularly the case for the following elements.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>The perception of the Stellar </b></span><span style="text-align: left;"><span style="font-family: arial;"><b>XLM </b></span></span><b style="font-family: arial;">and its price by the media and the public</b></p><p style="text-align: justify;"><span style="font-family: arial;">How the media and the public perceive the Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">cryptocurrency can influence its price favorably or unfavorably.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">As you know, the traditional banking industry can be prone to corruption and many vices. The fact that XLM represents a threat to the latter can work in its favor and position it in good graces with investors.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">However, the value of Stellar can also drop drastically if there is a negative public reaction, or if the crypto becomes associated with criminal activity.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Being a fairly recent cryptocurrency, Stellar may not be very well known to the general public today, unlike Bitcoin or Ethereum cryptocurrencies for example. This factor can also play on the fluctuation of its price and affect it negatively over even a 24-hour period.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Stellar XLM </span>Course: Tax Laws in Certain Countries</h3><p style="text-align: justify;"><span style="font-family: arial;">Legal issues can cause the value of the Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">to fluctuate. For example, if a state's tax laws and financial institutions are oppressive and do not recognize cryptocurrency, then this may affect its course.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Conversely, the legalization of the latter can have a positive effect!</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">XLM Stellar Course: Investors</span></h3><p style="text-align: justify;"><span style="font-family: arial;">With all the cryptocurrencies in circulation, investors who own large volumes of currency can manipulate Stellar value to their heart's content on their own.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial;">XLM Stellar prices and other cryptocurrencies</span></h4><p style="text-align: justify;"><span style="font-family: arial;">At the moment, XLM is in competition with RippleNet in terms of its partnerships with banking institutions, and Ethereum for the establishment of ICOs.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Based on market capitalization, the price of Stellar is always lower than that of Ether. However, the situation may well change, depending on how all these currencies move.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Stellar Lumens (XLM) Definition: What is it?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">stellar currency courseThe Stellar Lumens was born on July 31, 2014, under the ingenious idea of Jeb McCaleb and Joyce Kim. As a Bitcoin pioneer, Jeb McCaleb is known as a co-founder of Ripple and the creator of the Mt.Gox market.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Stellar Lumens is an open global financial network that caters to individuals, businesses, and financial institutions. The project of this platform is to facilitate international transfers and micro-payments. Transactions are also done instantly, i.e. 3 seconds to validate a stellar consensus protocol.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Since 2015, the token has changed its denomination from Stellar to Lumen. Currently, 50 billion XLM tokens are available on the cryptocurrency market. The platform has signed partnerships with IBM and certain financial institutions in order to make money transfers between Europe, the Middle East and Africa.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">How Does Stellar Lumens XLM </span>Work?</h3><p style="text-align: justify;"><span style="font-family: arial;">Stellar uses a network of decentralized servers that are responsible for verifying transactions on the blockchain. In practice, it functions as a flexible and inclusive protocol between entities and partners. Here is the procedure to make a transfer through the Stellar network.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>1. ACCOUNT FUNDING</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The first thing to do is to deposit the funds to an anchor point on the network. This anchor will be responsible for storing the funds transformed into Lumens before sending them to the Stellar network.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>2. TRANSFER OF FUNDS TO THE NETWORK</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The anchor will credit your virtual wallet through the decentralized network. And it is from this moment that the Lumens will be converted into the desired fiat currency, in the public ledger. As a reminder, the exchange rate is relatively low.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>3. TRANSFER OF FUNDS</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The correspondent's account is automatically credited with the amount exchanged in one of the currencies. As soon as the transfer is confirmed, the receiver will be able to make a withdrawal in an anchor that supports this currency.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Ripple co-founder Jed Mccaleb wanted to apply the same principles to XLM. Like Ripple, Stellar Lumens uses blockchain technology. It is an independent network of computers that allows investors to buy and sell currencies on a public ledger. This decentralized exchange is kept in a distributed ledger.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In any event, the presence of a third party is not required in the payment system. The integrity of the transactions is therefore ensured by the validators of the Stellar protocol.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">A copy of the transactions is automatically sent to all Stellar servers in the system scattered around the world. This is what explains the power of this peer-to-peer network.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Today, everyone has the right to own a decentralized server. Moreover, the network becomes robust when the number of servers is high. There is then an SCP (Stellar Consensus Protocol) that examines and synchronizes transactions across the network. Anyway, the Stellar system converts money automatically and easily thanks to the public ledger. Similarly, it uses XLM to operate exchanges.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">Lumens blockchain consists of ledgers and anchors. While the former facilitate trade, the latter issue credits. These entities ensure the conversion of the digital currencies incorporated into the network. No need to seek banking services, especially since liquidity is stable and fast.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">The Stellar Lumens XLM Blockchain Explained</span></h3><p style="text-align: justify;"><span style="font-family: arial;">In short, the Stellar Lumens blockchain is like an endless book that classifies accounting documents. Users are thus notified each time changes are made to a page. All members of the blockchain can verify all transactions in the Stellar system.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">When we talk about blockchain, we are referring to a frequently updated public ledger that avoids erroneous transactions without having to resort to a banking institution. Simply, it is a secure and transparent technology that stores and transmits financial data. No central body is involved in the distribution of data to users. In other words, users do not need a distributor or mediator to authenticate transactions.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Blockchain Stellar technology uses an algorithm to assign a digital fingerprint to each block. This hashing process creates a certain immutability. It therefore becomes impossible to falsify validated data on the computer network. This is possible if and only if all the blocks are modified in their entirety.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">What is the Stellar Lumens XLM used for?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The digital currency used on the Stellar network is Lumens. Stellar Lumens offers several global and practical uses that are worth noting.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b> 1- Trade security</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The Stellar platform continues to capture the attention of its users due to its ease of payment on a website. Payment procedures take place instantly and securely. The protocol is capable of processing thousands of transactions per second, bypassing traditional financial institutions.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b> 2- Decentralized market</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">A public ledger awaits Stellar blockchain players to trade assets and currencies. This decentralized exchange then makes it possible to transfer any currency to a user in any other currency. In short, the Stellar platform converts currencies with the best exchange rate. More so, the fees taken in each transaction are insignificant (i.e. 0.0001 XLM).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b> 3- Personalization of Initial Coin Offering (ICO)</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">It is possible to customize ICOs on the Stellar Lumens network in order to benefit from features like the Lightning Network. This personalization also concerns guaranteed debts, the issuance of dividends and fiduciary deposits.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b> 4- Decentralized control</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Online transactions are carried out on the basis of consensus between nodes. There is no control from a central authority or the financial institutions that regulate it. Miners trust each other when validating transactions.</span></p><h3 style="text-align: justify;"><span style="font-family: arial;"><br /></span><span style="font-family: arial;">What Are Stellar Lumens Wallets?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The choice of your Stellar wallet depends on the amount of XLM you hold and the use you want to make of it. There are several ways to login to a Stellar Lumens wallet. You can use either a web wallet, a downloadable wallet, or a hardware wallet.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>The web-wallet</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Online wallets are very often associated with an exchange website and they allow you to store XLM. This means that you can access your account wherever you are provided that there is an internet connection.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>Downloadable wallets</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">There are mainly three Stellar wallets for download. These include Lobstr, Solar Wallet and Keybase, among others. You can also install them on your mobile devices (IOS or Android) and on the desktop computer (Mac/PC).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Desktop wallets are downloadable programs that facilitate the management of cryptocurrencies based on private keys. By way of illustration, the following desktop wallets support Stellar Lumens: Foxlet Stellar, Atomic, Solar.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">As for Stellar mobile wallets, we can mention Stargazer Stellar and Infinito.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>Hardware wallets</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Hardware wallets feature advanced technology. It then becomes impossible to hack the private keys since they are never connected to the Internet. Stellar Lumens investors rave about it for the high standard of security and cold storage.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Here is the best way to connect to the Stellar network. You have the choice between Trezor and Ledger Nano X to check the amount of Lumens available in your account. Simply log into the Stellar Account Viewer.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Stellar Lumens paper wallets are highly recommended for storing XLM offline for a short period of time. Account data is stored on a sheet of paper. It will therefore be impossible for hackers to steal the private key.</span></p><p style="text-align: justify;"><b><span style="font-family: arial;"><br /></span></b></p><p style="text-align: justify;"><b><span style="font-family: arial;">Benefits of Stellar Lumens</span></b></p><p></p><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Transaction speed and scalability: Stellar uses an algorithm that allows for faster transactions without the need to be approved by the mining network.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Decentralized and open source: Stellar is an open source and decentralized protocol for digital currency money transfers that allows transactions between any currency pair.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Excellent level of security thanks to multi-signature transactions</span></li><li style="text-align: justify;"><span style="font-family: arial;">In partnership with IBM, Deloitte and Stripe, IBM is currently developing its own Stellar coin based on the Stellar platform</span></li><li style="text-align: justify;"><span style="font-family: arial;">XLM is a current bridge and reduces the potential for network spam</span></li><li style="text-align: justify;"><span style="font-family: arial;">You can use the platform to issue your own tokens</span></li><li style="text-align: justify;"><span style="font-family: arial;">Integration of a decentralized exchange</span></li><li style="text-align: justify;"><span style="font-family: arial;">Ethical platform whose management is attributed to a non-profit organization</span></li><li style="text-align: justify;"><span style="font-family: arial;">Very low transaction fees to achieve huge savings and more attractive exchange rates</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Stellar Lumens Limits</span></b></p><p></p><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Competition from other cryptocurrencies: Stellar faces great competition from other cryptocurrencies. The payment protocol Ripple is its biggest competitor.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Over 100 billion tokens in total supply and the Stellar development fund controls these coins.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Stellar uses a constant inflation model. Bitcoin in comparison has a fixed supply.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Stellar does not work with smart contracts as it does with Ethereum.</span></li><li style="text-align: justify;"><span style="font-family: arial;">Stellar (XLM) Price Reviews & Predictions: Is It Too Late To Invest?</span></li></ul><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><b><div style="text-align: justify;"><b><span style="font-family: arial; font-size: medium;">Stellar price predictions Observing the evolution of the price of Stellar Lumens, it is clear that our opinion on Stellar is positive.</span></b></div></b><p></p><p style="text-align: justify;"><b><span style="font-family: arial; font-size: medium;"><br /></span></b></p><p style="text-align: justify;"><span style="font-family: arial;">The Stellar open source project is constantly trying to increase its market share. As announced by the Partnerships Manager of the Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">Development Foundation, Stellar is now working in many countries around the world to strengthen its technology and is in partnership with banks and major players in the financial sector.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Here are the reasons that suggest that the future of Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">is very bright for 2022.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>A rise for the Stellar course</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The years follow and look alike with Stellar Lumens. Each year, there is an increase of more than 70% in XLM assets. The Stellar ecosystem is booming. It is therefore understandable why the number of Stellar Lumens accounts is multiplied by two each year.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Liquidity and accessibility of the Stellar Lumens </b></span><span style="text-align: left;"><span style="font-family: arial; font-size: medium;"><b>XLM </b></span></span><b style="font-family: arial; font-size: large;">course</b></p><p style="text-align: justify;"><span style="font-family: arial;">Thanks to blockchain technology, it is possible to obtain and store XLM. Nowadays, trading sites like eToro have made Stellar Lumens easy to use. Moreover, Lumens is starting to become a preferred payment method for large distributors and on several types of websites.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Safe haven and price stability Stellar</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Lumens is a virtual currency of the future for the simple reason that it is stable. This is justified by the fact that crypto does not depend on an economic system let alone political power. In the years to come, this stateless currency will be a safe haven like gold.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b>No risk of inflation and devaluation of the Stellar price</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The inflation rate is easily handled by Stellar Lumens computer programs. Therefore, the risk of devaluation is lower since the value of XLM is stable.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">When it comes to making a prediction about Stellar price, some resources claim that XLM price will reach $0.105 this year that if it continues its current momentum, it could reach as high as $0.742 in the next 5 years.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">How To Get Stellar Cryptocurrency (XLM)?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Obtaining Stellar Lumens is not complicated at all. There are several ways to achieve this.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Exchange your money for Stellar Lumens</b></span></p><p style="text-align: justify;"><span style="font-family: arial;"></span></p><p style="text-align: justify;"><span style="font-family: arial;">If you want to have Stellar Lumens in large quantities, simply exchange them for your fiat currency on a crypto trading platform. However, take the time to check the applicable commissions on each exchange so as not to affect your earnings.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Get Stellar on airdrops</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">It is not possible to mine Stellar </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">as it happens in other cryptocurrencies. XLM Lumens are pre-mined. From the launch of this virtual currency, 100 billion Lumens had already been created and there are currently 18 billion tokens on the financial market. Moreover, you cannot stake Stellar.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">On the other hand, you will be able to obtain XLM for free on airdrops which ensure the free distribution of Lumens. This operation aims to expand the use of Stellar Lumens </span><span style="text-align: left;"><span style="font-family: arial;">XLM </span></span><span style="font-family: arial;">.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The free distribution of XLM tokens is unique in that it increases the visibility of this crypto currency in the eyes of the world. The user benefiting from the tokens will certainly make the offer known to those around him. At the same time, Stellar arouses admiration from the community around him. In the end, the beneficiaries of the good plan should invest their own funds after placing the free tokens.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">As a result, the economy becomes more inclusive with the use of this financial service. The biggest beneficiaries of this distribution program are entities, partners of Stellar Lumens and users of Ripple and Bitcoin.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">You can learn all about Stellar Airdrop by following sites like aidropalert.com.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b><i>Conclusion: Is The Stellar Price Interesting In?</i></b></span></p><p style="text-align: justify;"><span style="font-family: arial;">As with any other cryptocurrency, there is no definitive answer to this question. Because even if the Stellar blockchain is positioned as a very good network, it is not easy to determine if it is the right time to buy XLM or buy cryptocurrency in general. As you have seen, its price fluctuates, and many factors can influence it positively or negatively. The current health crisis is a good example.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Since the outbreak of the coronavirus pandemic, the price of Stellar XLM has been rather stable. As a result, we can rely on this to believe that cryptocurrency can stand the test of time and stand as a solution for investors who seek security.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"></span></p><p style="text-align: justify;"><span style="font-family: arial;">If you want to invest in XLM, we always recommend that you arm yourself with as much knowledge as possible and only invest what you can afford to lose. As a beginner, eToro is undoubtedly an optimal trading platform to invest in Stellar.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-31133825951537252892022-03-11T19:07:00.002+00:002022-03-11T20:32:01.849+00:00 Ethereum (Eth): Constantly Increasing Sell Pressure?<p style="text-align: justify;"><span style="font-family: arial;">The cryptocurrency market is a volatile market, it is well known. Ethereum (ETH) occupies the precious place of the second cryptocurrency in terms of valuation, just behind Bitcoin (BTC).</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjcAdXekau9QDYRaNyx4KFXPUPZdXyqh8GXOw2EcEKuaI8Py5CaIT5J3EC5RzN0OnY50KILTxc-6cjlGG4sKldi1M4ku9kedY0sgtP7x-diH8rwAMJNLHEJnICtV2dUOyOAH0x-zgf7qhjDEjodRwBm7ZrASf2z0U_dIEGqJrz2135AyfSEQILGw67_=s800" style="margin-left: 1em; margin-right: 1em;"><img alt="Ethereum (Eth)" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEjcAdXekau9QDYRaNyx4KFXPUPZdXyqh8GXOw2EcEKuaI8Py5CaIT5J3EC5RzN0OnY50KILTxc-6cjlGG4sKldi1M4ku9kedY0sgtP7x-diH8rwAMJNLHEJnICtV2dUOyOAH0x-zgf7qhjDEjodRwBm7ZrASf2z0U_dIEGqJrz2135AyfSEQILGw67_=w640-h320" title="Ethereum (Eth)" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">Its value fluctuated between 1,580$ in March 2021 and 2,293$ in early March 2022, notably with an impressive peak of 4,300$ in early November 2021. In the first week of March alone, it continued to vary within a range of 400$, alternating between 2,800$ and 2,400$ constantly. On the scale of a single day, cryptocurrency investors were thus jostled by nearly 200$ of volatility.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">More generally, the news revolving around the famous cryptocurrency Ethereum (ETH) lately focuses on the pressure felt by investors on sales, a pressure that is constantly increasing, and unbalancing the balance of purchases.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">News complex to understand in its entirety, here is 3 points according to which it will quickly appear much more obvious to you to understand:</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Ethereum (ETH), consecutive declines since February</span></li><li><span style="font-family: arial;">Ethereum and Bitcoin (ETH/BTC), what is the link?</span></li><li><span style="font-family: arial;">An attractiveness with strong competition from other cryptocurrencies: example with the Polkadot (DOT)</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Ethereum (ETH), Consecutive Declines Since February</span></h3><p style="text-align: justify;"><span style="font-family: arial;">This pressure felt by all new generation investors does not date from 2022, quite the contrary. Since 2021, the world of cryptocurrencies has been more volatile than ever. Ethereum (ETH) in particular has suffered numerous consecutive declines, just during the month of November 2021.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Going back to the year 2022, these back-to-back declines continued to show. In particular since February:</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;"><b>Early February:</b> +33% for the price of ether, with a value reaching 2,837$ on February 9, 2022.</span></li><li><span style="font-family: arial;"><b>February 21, 2022</b>: sharp fall to 2,273$.</span></li><li><span style="font-family: arial;"><b>March 1, 2022</b>: rise to 2,670$, arousing the enthusiasm and hope of crypto investors.</span></li><li><span style="font-family: arial;"><b>March 7, 2022</b>: once again down to 2,200$.</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;">Currently, the percentage of ETH purchased less than 1 month ago is around 5% of ETH in circulation, significantly lower than the 2018-2019 bear market.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">For comparison, if we take the bull run period of early 2021, this range of ethers purchased less than 1 month ago reached more than 20% of the ethers in circulation. Today, the reality is quite different, and investors are becoming increasingly rare.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>A Difficult Year 2022… For now?</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">Those who bought ETH between July 2021 and March 2022 are reselling at a loss. Amid this flood of consecutive declines, a small beacon of hope nevertheless seems to be emerging.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">During the last week of February and first week of March, it looks like traders pulled close to 327,000 Ether from the market, showing that the pressure around Ether selling may finally ease or even come to a halt.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Thus, the price of ether and any possible revaluation are very unstable, this data being openly linked to the own price of Bitcoin (BTC).</span></p><h3 style="text-align: justify;"><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Ethereum And Bitcoin (ETH/BTC), What Link?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Ethereum (ETH) and Bitcoin (BTC) are respectively the two main cryptocurrencies traded on the market. The correlation coefficient between the two cryptocurrencies is impressive: + 0.97.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">At this level of correlation, ether falls as soon as bitcoin falls, and regains value as soon as bitcoin rises as well. And so on. As a reminder, a correlation coefficient of +1 means that two cryptocurrencies are totally correlated, therefore in symbiosis. ETH and BTC are therefore not far from symbiosis.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Strongly Competed By Other Cryptocurrencies: Example With The Polkadot (DOT)</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The main criticism leveled against Ethereum (ETH) is related to the exorbitant fees for its transactions, with ether being decried by some users as an unviable solution.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Other players take advantage of this and create their nest, which is the case of the Polkadot (DOT), carried by Gavin Wood who is none other than the co-founder of the Ethereum blockchain. Polkadot describes itself as a metablockchain, in that it seeks to build bridges between all the blockchains that already exist.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">It quickly aroused the interest of crypto investors, and made a name for itself in the top 10 cryptocurrencies by capitalization (whose current capitalization reaches nearly $5 billion).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">At present, Ethereum maintains its strong position. And this, thanks to its reputation as well as the stability of its blockchain to develop a project. But in the near future, this question of which blockchain to launch your project development on will no longer arise. Because blockchains all have the ambition to become compatible with each other.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Interoperability would thus be strongly impacted until it becomes transparent, ether then being only one choice among others. Interoperability indeed appears to be the future of the world of cryptocurrencies and blockchains. According to Gavin Wood himself, beyond a simple question of competition, Polkadot and Ethereum would thus be brought to co-exist.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-4390502690469150312022-03-04T00:41:00.000+00:002022-03-04T00:41:07.282+00:00 Baby Doge Prediction 2022-2025 – Best Crypto To Buy?<p style="text-align: justify;"><span style="font-family: arial;">BabyDoge Coin a crypto meme based on Binance Smart Chain and developed by the Dogecoin community. Its impressive performance when launched in June 2021 caught the attention of many investors. Could this token be the best cryptocurrency of 2022?</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj8IJ1mV-k3q96fkcWsymQCmMfe2fcg8Cd-e9V4azq-x0IZnYD6ehnwI-ML5Bqx6grUZapVs0P-r_pz5rDeFUIgoHUw9W4iiormwJZ9MtfR0dVLKB0u_xh3E6FkYCYbK9rRMv5Y8CLdpxZdTBpccmS87_AyEjJakwmOfrRJZ8Dpfj2pTckPSB5fywqZ=s800" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Baby Doge Prediction 2022-2025" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEj8IJ1mV-k3q96fkcWsymQCmMfe2fcg8Cd-e9V4azq-x0IZnYD6ehnwI-ML5Bqx6grUZapVs0P-r_pz5rDeFUIgoHUw9W4iiormwJZ9MtfR0dVLKB0u_xh3E6FkYCYbK9rRMv5Y8CLdpxZdTBpccmS87_AyEjJakwmOfrRJZ8Dpfj2pTckPSB5fywqZ=w640-h320" title="Baby Doge Prediction 2022-2025" width="640" /></a></div><span style="font-family: arial;"><br /></span><p></p><h3 style="text-align: justify;"><span style="font-family: arial;">Baby Doge Crypto Price Predictions 2022</span></h3><p style="text-align: justify;"><span style="font-family: arial;">First of all, let's discover the predictions on the evolution of the BabyDoge Coin price for 2022 and the next few years.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: center;"><span style="font-family: arial;"><b> Year BabyDoge Coin Price Estimate</b></span></p><p style="text-align: center;"><span style="font-family: arial;"><b>2022 $0.00000000467</b></span></p><p style="text-align: center;"><span style="font-family: arial;"><b>2023 $0.00000000523</b></span></p><p style="text-align: center;"><span style="font-family: arial;"><b>2024 $0.00000000612</b></span></p><p style="text-align: center;"><span style="font-family: arial;"><b>2025 $0.00000000728</b></span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Baby Doge Crypto Price History</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Now let's take a look at how BabyDoge Coin is evolving in 2022.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">The BabyDoge Coin price quadrupled in a few weeks, between December 13, 2021 and January 14, 2022.</span></li><li><span style="font-family: arial;">Prices then fell by 42% over a one-month interval.</span></li><li><span style="font-family: arial;">The price resumed an uptrend in February following the token's listing on Huobi.</span></li><li><span style="font-family: arial;">On March 2, 2022, the BabyDoge price is $0.000000003385. An increase of 5.27% was observed compared to the previous day.</span></li></ul><h3 style="text-align: justify;"><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Notable Baby Doge Crypto Partnerships and Features</span></h3><p></p><p style="text-align: justify;"><span style="font-family: arial;">Now let's take a look at BabyDoge's partnerships and features. </span><span style="font-family: arial;">BabyDoge has been supported by many entities since its launch.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Elon Musk, CEO of Tesla, tweeted about the token in July 2021. Prices also increased by more than 200% just 24 hours after this publication.</span></li><li><span style="font-family: arial;">BabyDoge is collaborating with Brandonbilt Motors during the NASCAR Infinity Cup circuit race in July 2021. Its logo, a baby shiba inu, was painted on Brandon Brown's Chevrolet Camaro.</span></li><li><span style="font-family: arial;">German football club TSG Hoffenheim recently signed a partnership with BabyDoge.</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Outstanding Features</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">BabyDoge Coin is an upgraded version of Dogecoin. Here are its features.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Block time: 5 seconds</span></li><li><span style="font-family: arial;">Lower gas costs</span></li><li><span style="font-family: arial;">Deflationary currency thanks to token burning</span></li><li><span style="font-family: arial;">5% of transaction fees distributed to holders</span></li><li><span style="font-family: arial;">A portion of transaction fees donated to charities that care for dogs.</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Future prospects</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">A video posted on the project's official Twitter account seems to imply that it will be launching into the metaverse soon. It indeed shows the character BabyDoge in a virtual world. She had the caption "Do you want to see #BabyDoge in the metaverse? ".</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">BabyDoge Price Predictions In 2022 And For Next Years</span></h3><p style="text-align: justify;"><span style="font-family: arial;">We have seen previously that the BabyDoge price is expected to adopt an upward trend until 2025.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">New listings and strategic partnerships are expected to expand the community and increase awareness of the token.</span></li></ul><ul><li><span style="font-family: arial;">Features, including holder rewards and charity support, attract investors.</span></li></ul><div><span style="font-family: arial;"><br /></span></div><p></p><p style="text-align: justify;"><span style="font-family: arial;">All of this should lead to an increase in demand for BabyDoge in the long term. Demand could also exceed supply quite quickly thanks to the deflationary policy of the currency. This would imply a positive price development.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">BabyDoge Coin Price Development Chart Since Inception</span></h3><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgehZNdhzmbMJb9-Xc2XfVodBQfOSiszG35DgZzIuR1ShUMLWWUVos34Uuotu46P0QuXDXqONRR8ECr0dsZC38oKwUPUcBbIsIqu9E-NskMsVO3eLJGYiCUbEA_auDbAPupAvf2tpfI_YlTF23pq_o715SWSokMytuPyyV4kkwcxKk05FVFgAKe5hFy=s1280" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="BabyDoge Coin Price Development Chart" border="0" data-original-height="719" data-original-width="1280" height="360" src="https://blogger.googleusercontent.com/img/a/AVvXsEgehZNdhzmbMJb9-Xc2XfVodBQfOSiszG35DgZzIuR1ShUMLWWUVos34Uuotu46P0QuXDXqONRR8ECr0dsZC38oKwUPUcBbIsIqu9E-NskMsVO3eLJGYiCUbEA_auDbAPupAvf2tpfI_YlTF23pq_o715SWSokMytuPyyV4kkwcxKk05FVFgAKe5hFy=w640-h360" title="BabyDoge Coin Price Development Chart" width="640" /></a></div><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Is BabyDoge Coin The Best Cryptocurrency Of 2022?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">BabyDoge Coin is undoubtedly one of the promising cryptocurrencies of 2022. However, its small downside is that it is a meme token. As a result, its performance depends essentially on the interest it arouses among investors. In other words, the downside risks are significant if a more interesting competitor is launched.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In our opinion, Lucky Block is therefore the preferred choice if you are looking for the best cryptocurrency of 2022. It is the native token of the blockchain-based lottery platform called LuckyBlock. Offering more transparency than the traditional lottery, it is creating a buzz among gambling enthusiasts. The token is currently available on Pancake Swap. Its evolution is impressive since its launch on the market in January 2022. The asset is also available for trading.</span></p><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: arial;"><b>How to Buy Lucky Block?</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">According to estimates, the Lucky Block price should adopt an upward trend over the next few years. So now is the time to invest in the token to make capital gains later. We give you the details on the steps to follow to make the purchase.</span></p><p style="text-align: justify;"><span style="font-family: arial; font-size: medium;"><b>Conclusion</b></span></p><p style="text-align: justify;"><span style="font-family: arial;">The BabyDoge Coin meme token is doing quite well in the market. We rank it among the promising cryptocurrencies of 2022. However, we recommend LBLOCK if you are looking for the best crypto asset of this year. You can use the token to play the lottery or trade if you don't actually want to buy.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-24324064905507900172022-03-03T02:28:00.001+00:002022-03-03T02:28:00.187+00:00Would Terra (LUNA) Be About To Overthrow The ATH?<p style="text-align: justify;"><span style="font-family: arial;">In fact, Terra is one of the few cryptos to perform well during the month of February. According to data provided by Coingecko, the value of LUNA rose 75% in February. While its performance at the end of the month counted for a lot in its monthly growth, the crypto had started to surge since the announcement of the billion dollar reserve fund.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h2 style="text-align: justify;"><span style="font-family: arial;">LUNA Destruction: Another Upside Factor</span></h2><p style="text-align: justify;"><span style="font-family: arial;">According to Smart Stake, there are nearly 29 million LUNA tokens burned or the equivalent of $2.66 billion in February. Terra burns that coincided with the increase in supply of UST, the stablecoin of the Terra Luna ecosystem. According to what Cointelegraph reported, the UST supply increased from 11.26 million to 12.96 million between February 1 and 28.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiKKt_7A92wdSXDTSfajJ3PtYfXIC2npecMDhagnIkr7Zj871D_n7qSqzLXNLCcEItPZWlTK7IVseVLaARxfW1G9YW7YYsX0DnC1YTSf9XbSw5b1NQBTEJ1BMfbKbC-q27s6radHNax-h8Fp4XnQdnzsnYCa18fdt5G5Vy5TzVrjr-28opDOyBpJrDv=s800" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Would Terra (LUNA) Be About To Overthrow The ATH" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEiKKt_7A92wdSXDTSfajJ3PtYfXIC2npecMDhagnIkr7Zj871D_n7qSqzLXNLCcEItPZWlTK7IVseVLaARxfW1G9YW7YYsX0DnC1YTSf9XbSw5b1NQBTEJ1BMfbKbC-q27s6radHNax-h8Fp4XnQdnzsnYCa18fdt5G5Vy5TzVrjr-28opDOyBpJrDv=w640-h320" title="Would Terra (LUNA) Be About To Overthrow The ATH" width="640" /></a></div><br /><span style="font-family: arial;"><br /></span><p></p><p style="text-align: justify;"><span style="font-family: arial;">In practice as the supply of UST grows, traders become increasingly bullish for the future price of Terra. Conversely, when the UST supply decreases, traders are pessimistic about the future of the Terra price. With the backdrop of rising UST tokens, the value of Terra rose due to positive anticipations for the future of cryptocurrency.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The launch of the bitcoin-denominated currency reserve fund has bolstered the supply of the stable coin. This fund has just overcome the problems of a “bank run” situation where the demand to sell the stable exceeds the supply in a way that results in compound price declines in the two native tokens.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Terra (LUNA) Price Chart Analysis</span></h3><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgp8jjfpy6Rp0P9Xl_UoGxSwofvGw-NCmbzSsu0j8q57oqEBbhp_uDsxQ54CRovjByJlLGpholxWYEMD_ttz0lIgFMK9BZn8BA1Rf6xi3XLldRRYLfPsxnDwwsF_YFqSPd3A1KDcnXumprjAWwbNY3UgIvI0xo6uiz1N8urYYGW0xJ1riIiTgqLsj7u=s1024" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Would Terra (LUNA) Be About To Overthrow The ATH" border="0" data-original-height="723" data-original-width="1024" height="452" src="https://blogger.googleusercontent.com/img/a/AVvXsEgp8jjfpy6Rp0P9Xl_UoGxSwofvGw-NCmbzSsu0j8q57oqEBbhp_uDsxQ54CRovjByJlLGpholxWYEMD_ttz0lIgFMK9BZn8BA1Rf6xi3XLldRRYLfPsxnDwwsF_YFqSPd3A1KDcnXumprjAWwbNY3UgIvI0xo6uiz1N8urYYGW0xJ1riIiTgqLsj7u=w640-h452" title="Would Terra (LUNA) Be About To Overthrow The ATH" width="640" /></a></div><p style="text-align: justify;"><br /></p><p style="text-align: justify;"><span style="font-family: arial;">The chart analysis reinforces the thesis of an upward trend. We can see that the crypto is coming out of its low point at $46 and rising up to $91.80 in less than 45 days. By greatly exceeding its short and medium term moving averages, the uptrend is well and truly confirmed. The SMA-20 and SMA-50 are priced at $62.49 and $63.22 respectively.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In terms of comparison, we can see that the bullish movement is very similar to the one in December which saw the price of Terra rise from $53.21 to $103.34. The current movement in demand is approaching the ATH (</span><span style="text-align: left;"><span style="font-family: arial;"> All Time High</span></span><span style="font-family: arial;">) period. In December, the RSI stood at 75.49. With its current value of 74.09, the RSI is gradually approaching the December level.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">On the other hand, if Terra wants to reverse its </span><span style="font-family: arial;"> </span><span style="font-family: arial; text-align: left;">All Time High</span><span style="font-family: arial;"> (</span><span style="font-family: arial;">ATH), it must stay above $90.62 which represents the last resistance bar before the peak. For this, liquidity must continue to influence the crypto. But, at the time of writing this article, we notice that the trading volume tends to decrease intraday. This would indicate a certain tendency for short-term traders to take profits.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-53820147194710351152022-03-03T00:10:00.004+00:002022-03-03T00:11:51.515+00:00Bitcoin: Canadians' Solution To Freezing Government Accounts<p style="text-align: justify;"><span style="font-family: arial;">Bitcoin once again embodies the miraculous tool of the people against centralization. Indeed, if the government can request the freezing of bank accounts, Bitcoin Wallet rejects their request for freezing. Protesters against Covid-19 restrictions therefore no longer have to fear that the government will suffocate them by attacking their currency. We also observe a second fact: Canadians are withdrawing more and more of their money from the banks. We can see one of bitcoin's best use-cases in practice right before our eyes. Let's analyze together the conclusions to be drawn from this life-size exercise.</span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjTiPgI12TUva7sqKqFn4bZhTNJkFIvmBQzO__wh-ACYzz3J3_AgrLNIHg35ssk_OEqpuJiZBZpoh7Cv4rpx_TUYxbGYoQe-mG1DrKr7FJUwtAbJHl4taqN-6ED7DvKFXvC63fZfqEmMDIRsrhUalkapIU3X9j6m9QX5DRGXR5UjkIq-pT-nwr7FAV4=s700" style="margin-left: 1em; margin-right: 1em;"><img alt="Bitcoin: Canadians' Solution To Freezing Government Accounts" border="0" data-original-height="445" data-original-width="700" height="406" src="https://blogger.googleusercontent.com/img/a/AVvXsEjTiPgI12TUva7sqKqFn4bZhTNJkFIvmBQzO__wh-ACYzz3J3_AgrLNIHg35ssk_OEqpuJiZBZpoh7Cv4rpx_TUYxbGYoQe-mG1DrKr7FJUwtAbJHl4taqN-6ED7DvKFXvC63fZfqEmMDIRsrhUalkapIU3X9j6m9QX5DRGXR5UjkIq-pT-nwr7FAV4=w640-h406" title="Bitcoin: Canadians' Solution To Freezing Government Accounts" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Bitcoin, safer than a bank</span></li><li><span style="font-family: arial;">Government institutions on the loose</span></li><li><span style="font-family: arial;">The popular cryptocurrency craze</span></li></ul><p></p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;"><span style="font-family: arial;">Bitcoin Sovereignty</span></h3><p style="text-align: justify;"><span style="font-family: arial;">In order to stifle the demonstrators, Justin Trudeau, Canadian Prime Minister to evoke the freezing of the bank accounts of the demonstrators. A strongly criticized decision, in a so-called “democratic” country. The Prime Minister bases himself on a text called the “Emergencies Act”.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In addition to this, the government wants to add identified people to a file. Once there, they would be banned from certain jobs, in addition to being labeled as “terrorists”. In this incredible storm of restrictions, a saving element remains. Nunchuk bitcoin wallet is a <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html" target="_blank">bitcoin wallet</a>. He was ordered to distribute information and terminate user accounts by the Canadian government. Nunchunk has made it known that this is impossible, thus guaranteeing the security of the <a href="https://www.cryptosavvy.com/2021/09/crypto-wallets-choose-cryptocurrency.html" target="_blank">cryptocurrency</a> of its users.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="text-align: left;"><span style="font-family: arial;">Nunchuk bitcoin </span></span><span style="font-family: arial;">therefore explains: “We do not collect any identifying information from users beyond email addresses. We also do not hold keys. Therefore, we cannot “freeze” our users' assets. We cannot “prevent” them from being moved. We have no knowledge of the "existence, nature, value and location" of our users' property. This is in the very essence of Bitcoin.”</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">This support is all the more valuable since a GoFundMe campaign did not follow up on the 9 million raised on its platform. Activists then created a campaign to support road protesters.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Banks in Trouble?</span></h4><p style="text-align: justify;"><span style="font-family: arial;">James Melville, a business journalist from the United Kingdom observed an interesting phenomenon. Since the announcement of the possible bank freeze by the protesters, Canadians have been rushing to distributors to get their money out. James notices that Canadian banks are having more and more problems. In a tweet, he shows that withdrawal problems have multiplied by 10. For RBC, the largest Canadian bank, the factor goes up to 3,000!</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">I don't need to explain to you what happens when a bank runs out of money. All this climate of hostility towards banks is fueling a fervor for cryptocurrency. The famous “Truckers” are now supplied with crypto, by envelopes containing instructions. We explain to them not to go through large exchanges, and to exchange only P2P (peer to peer). They can thus cashout their Bitcoin, and live normally. By force of circumstance, all socio-professional classes in Canada are assigned cryptocurrency training.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">BTC Against Governments</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The Canadian government no longer has any lever of control. <a href="https://www.cryptosavvy.com/2022/02/ethereum-2-0-Upgrade.html" target="_blank">Ethereum</a> creator Vitalik Buterin then explains, “If the government is not willing to follow the laws… [and] give people a chance to defend themselves… and they just want to talk to the banks and essentially cutting off people's financial livelihoods without due process, that's an example of the kind of thing that decentralized technology is here to make harder”</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Quite simply, in an increasingly decentralized world, wanting to establish a small dictatorship with the help of banks is no longer possible.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">We see another use for Bitcoin. It is not just a currency to fight against inflation in poor countries, such as El Salvador. It is also a means of guaranteeing its economic sovereignty. By its purely algorithmic nature, and without human interference, it is the absolute arbiter. This technology allows exchanges between individuals with appalling security, with formidable efficiency. Once again, the largest institutions in developed countries have broken their teeth trying to corrupt it. This is a waste of time. Canadians will keep in mind the banks that starved them as well as the crypto that fed them.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-53350541875811153512022-03-03T00:00:00.000+00:002022-03-03T00:00:00.203+00:00 Ethereum: Staking Returns Could Double After Migration<p style="text-align: justify;"><span style="font-family: arial;">The cryptoverse is eagerly awaiting Ethereum's upgrade to the "Proof of Stake" consensus mechanism. And that’s a reason to want more ETH migration! Staking returns will increase.</span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEi98IGe6CNex4tugBjyL5kCJewEyVeGu4IDIb7M9ix8I00DiApCAshveSQcVWc9vx5A9GucbseZ-8jX6iFwAs4cF53e-4aU46Gq0ntPhh_Go9WavpseyaHVipKpAUnVrXWm_YKbZSZjYSiBPBCzMwEqXbmP7gmNKbSK98rBDL3tYjCfWwt7pb2TxD4r=s800" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: arial;"><img alt="Ethereum Staking" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEi98IGe6CNex4tugBjyL5kCJewEyVeGu4IDIb7M9ix8I00DiApCAshveSQcVWc9vx5A9GucbseZ-8jX6iFwAs4cF53e-4aU46Gq0ntPhh_Go9WavpseyaHVipKpAUnVrXWm_YKbZSZjYSiBPBCzMwEqXbmP7gmNKbSK98rBDL3tYjCfWwt7pb2TxD4r=w640-h320" title="Ethereum Staking" width="640" /></span></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="text-align: justify;"><span style="font-family: arial;">According to US exchange Coinbase, ETH staking returns could double after the crypto moves from the consensus mechanism of proof-of-work (PoW) to proof-of-stake (PoS).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Recall that the <a href="https://www.cryptosavvy.com/2022/02/ethereum-2-0-Upgrade.html" target="_blank">Ethereum 2.0</a> or better said consensus layer will be implemented with the aim of improving the speed, efficiency and scalability of the Ethereum network so that it can process more transactions and eliminate congestion problems.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">ETH Staking Would Be More and More Profitable</span></h3><p style="text-align: justify;"><span style="font-family: arial;">It should be understood that staking will be the backbone of the scalable version of Ethereum. The process of validating transactions on the network will no longer be based on computing power to solve a complex mathematical problem but rather with the quantity of ETH tokens put to the test. In the PoS consensus mechanism, it is considered that the more a user holds <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html" target="_blank">cryptocurrency</a> tokens, the more network security becomes an important issue for the latter.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In a note to its investors, Coinbase reported that the mere fact that Ethereum will move from “Proof of Work” to “Proof of Stake” will drive up staking returns. The exchange estimates that returns will drop from (4.3% to 5.4%) current level to (9-12%) after the migration. “Which therefore will increase investor interest in cryptocurrency,” adds Coinbase.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Already Over 9 Million Tokens Locked In Ethereum 2.0 Contract</span></h3><div><span style="font-family: arial;"><br /></span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjYlR1cP5I1RCDKtfnD9UU4BbhiI9kqCOyXOomuTZw45gFc5USvVitx_jZ0NrlES0NPHQ3u-mZ7_bNi8FZPhpwVbO4QkjFTFETcYrq9mbEGQO3N4uMJfoa3S8S1ZHaeKpTZRwka5oN79_zNNgFiCx17FGOs0Px7F11YbFqbNX07aHhIm3hrzLJE_noS=s1024" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: arial;"><img alt="Ethereum: Staking Returns Could Double After Migration" border="0" data-original-height="348" data-original-width="1024" height="218" src="https://blogger.googleusercontent.com/img/a/AVvXsEjYlR1cP5I1RCDKtfnD9UU4BbhiI9kqCOyXOomuTZw45gFc5USvVitx_jZ0NrlES0NPHQ3u-mZ7_bNi8FZPhpwVbO4QkjFTFETcYrq9mbEGQO3N4uMJfoa3S8S1ZHaeKpTZRwka5oN79_zNNgFiCx17FGOs0Px7F11YbFqbNX07aHhIm3hrzLJE_noS=w640-h218" title="Ethereum: Staking Returns Could Double After Migration" width="640" /></span></a></div><div><span style="font-family: arial;"><br /></span></div><p style="text-align: justify;"><span style="font-family: arial;">The number of ethers locked in the Ethereum 2.0 contract currently stands at 9.6 million tokens or 27.09 billion US dollars at the current price of ETH. According to data by Etherscan, the amount of blocked ethers has grown by more than 25% compared to the starting amount of the ETH 2.0 contract</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">The increase in the number of tokens in this contract clearly shows the interest of investors in the update. Especially since the amount required to join the pool of ETH 2.0 validators is 32 ETH, or an amount of $88,000 at the time of writing this article.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Among other things, Ethereum has seen a nice rise after yesterday's fall in early trading. The price of Ethereum had plunged to $2300. But, at the end of the session, it will recover with an increase of 10.05% and then extend the rise during this session. Currently, Ethereum is trading at $2805, an increase of 21.95% from yesterday’s low.</span></p><p style="text-align: justify;"><i><span style="font-family: arial;">Will this new breakthrough allow the second cryptocurrency to go back above $3000?</span></i></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-12436625037417224382022-03-02T02:00:00.004+00:002022-03-02T02:00:00.210+00:00 Top 5 Cryptocurrencies For March 2022<p style="text-align: justify;"><span style="font-family: arial;">With March just beginning, investors are already looking ahead. Whether in the short, medium or long term, these projects could well prove to be interesting to buy or to strengthen in its portfolio. Here are several projects that could well take advantage of the month of March to take off.</span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjnFiw4BG2hkPrJh3MoWgvCVU7B30cWF8qYE7tkxgkGk6A0Qjk_O5aUt4I69D55JvZRJhZchtcRBwXo-b3v6ZKeYXLDxJGGrSbwYyO5nxnKX_RaYKfAmWWJO7wGINE5bjdYF9DHO8GChuy-PrpqJx7o8WJ_jBSVuXUVE-995TY5w1H8Wg8c7mAWAe-6=s800" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: arial;"><img alt="Top 5 Cryptos For March 2022" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEjnFiw4BG2hkPrJh3MoWgvCVU7B30cWF8qYE7tkxgkGk6A0Qjk_O5aUt4I69D55JvZRJhZchtcRBwXo-b3v6ZKeYXLDxJGGrSbwYyO5nxnKX_RaYKfAmWWJO7wGINE5bjdYF9DHO8GChuy-PrpqJx7o8WJ_jBSVuXUVE-995TY5w1H8Wg8c7mAWAe-6=w640-h320" title="Top 5 Cryptos For March 2022" width="640" /></span></a></div><div class="separator" style="clear: both; text-align: center;"><span style="font-family: arial;"><br /></span></div><p style="text-align: justify;"><span style="font-family: arial;">With several thousand projects, the crypto market continues to grow. And the opportunities are multiplying. Focus today on several projects with different maturities to build a balanced portfolio.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">1-Bitcoin (BTC)</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The development of the crypto industry which exploded in 2021 is set to continue for the longer term. And it is hard to imagine that this development would take place without Bitcoin, which still represents more than 40% of the total crypto market today.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Faced with the conflict between Ukraine and Russia, Bitcoin could see its demand increase sharply. In particular, it could be used by Russia as a tool to circumvent the financial sanctions imposed. In order to continue to trade with the whole world, companies could be tempted to invest in Bitcoin even more widely. An element that would then contribute to creating strong buying pressure on the BTC token and therefore a bullish momentum. Over the past 24 hours, the token has grown by almost 10%. However, the token is still moving quite far from its all-time high, recorded on November 10 and close to $69,000.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p></p><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Current price: $41,630.45</span></li><li style="text-align: justify;"><span style="font-family: arial;">Marketcap: $790 billion</span></li></ul><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><p></p><h3 style="text-align: justify;"><span style="font-family: arial;">2 – Lucky Block (LBLOCK)</span></h3><div><div style="text-align: justify;"><span style="font-family: arial;">The Lucky Block platform provides concrete answers to the lottery sector. By offering a solution 100% hosted on the blockchain, the project intends in particular to solve the problem of the lack of transparency, often put forward by players around the world. The protocol that runs on the <a href="https://www.cryptosavvy.com/2022/02/binance-smart-chain-binance-chain.html" target="_blank">Binance Smart Chain</a> also greatly limits operating costs. Creating the conditions for better player compensation for each jackpot won. In addition, the blockchain allows players from all over the world to be able to participate in the same lottery.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">Lucky Block also has a social dimension, with the project donating 10% of the total amount of each jackpot to charity. The owners of the LBLOCK token can also vote for the projects they wish to see financed. Since the pre-sale of the token, the token has seen its price increase by more than 4,000%. Next March, the platform will conduct its first jackpot draw. With the key, more than 5 million dollars to share. This weekend, the project celebrated its 40,000th holder, proof that the community around Lucky Block is very solid.</span></div><div><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Current Price: $0.005887</span></li><li style="text-align: justify;"><span style="font-family: arial;">Marketcap: Not available on Coinmarketcap</span></li></ul><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div></div></div><div><h3 style="text-align: justify;"><span style="font-family: arial;">3 – Velas (VLX)</span></h3><div style="text-align: justify;"><span style="font-family: arial;">While users appreciate Cardano for its scientific approach to blockchain, users increasingly appreciate Velas </span><span style="text-align: left;"><span style="font-family: arial;">(VLX) </span></span><span style="font-family: arial;">for similar aspects. Indeed, the Velas protocol </span><span style="text-align: left;"><span style="font-family: arial;">(VLX) </span></span><span style="font-family: arial;">is based on artificial intelligence to respond to the thorny problem of the blockchain triptych (scalability, security and decentralization). Thus, depending on network conditions, the protocol adjusts in real time to favor one of these three components.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">For observers, the Velas blockchain could be one of the good picks of the year 2022. Like the explosion of the Solana and Avalanche projects, at the door of the top 100 at the start of 2021 and today in the top 10. Velas currently occupies the 110th position. For this new year, the blockchain has also signed a sponsorship partnership with the Italian Formula 1 firm: Scuderia Ferrari. A partnership that should help bring maximum visibility to the VLX token.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Current Price: $0.2367</span></li><li style="text-align: justify;"><span style="font-family: arial;">Marketcap: $537 million</span></li></ul><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div></div></div><div><h3 style="text-align: justify;"><span style="font-family: arial;">4 – Chronos (CRO)</span></h3><div style="text-align: justify;"><span style="font-family: arial;">Formerly known as the eponymous platform Crypto.com, the project recently changed its name to Cronos. A change of name motivated by the desire of the Crypto.com platform to develop the Cronos blockchain more widely. A blockchain entirely articulated around DeFi (decentralized finance).</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">On its exchange, the platform seems more determined than ever to compete with the behemoths Coinbase and Binance. And for this, Crypto.com continues its aggressive partnership strategy. After the naming of the NBA hall of the Los Angeles Lakers, the platform more recently offered the Formula 1 Grand Prix of the United States via a partnership concluded over a period of 9 years. In the coming months, the platform could also obtain PSAN (Digital Asset Service Provider) approval and continue its express development throughout Europe.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Current Price: $0.4273</span></li><li style="text-align: justify;"><span style="font-family: arial;">Marketcap: $10.8 billion</span></li></ul></div></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div><h4 style="text-align: justify;"><span style="font-family: arial;">5 – Galeon (GALEON)</span></h4><div style="text-align: justify;"><span style="font-family: arial;">Galeon project aims to simplify administration in the medical field. By allowing easy and secure sharing of information between hospitals via the blockchain, but also by offering patients the possibility of creating their health records more easily.</span></div><div style="text-align: justify;"><span style="font-family: arial;"><br /></span></div><div style="text-align: justify;"><span style="font-family: arial;">While the token completed its ICO a few weeks ago, it will be listed on March 10. The first price of the token will be $0.035, which is a slightly higher price than during the third and final phase of the ICO.</span></div><div><ul style="text-align: left;"><li style="text-align: justify;"><span style="font-family: arial;">Current course: Not available</span></li><li style="text-align: justify;"><span style="font-family: arial;">Marketcap: Not available</span></li></ul></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-31505331714555124502022-03-01T23:30:00.006+00:002022-03-01T23:30:00.182+00:00 The Dogecoin At War Against Memecoins!<p style="text-align: justify;"><span style="font-family: arial;">If the Dogecoin keeps its place as the supreme meme despite the competition of the Shiba Inu, the exponential increase of memecoins is for its founder a problem of the cryptosphere. Indeed, all its tokens that appear daily are far from the joke that is DogeCoin. They are only a tool of speculation so that their creator gets rich. Despite all these outsiders, Dogecoin retains its leading position. But for how long ? The shiba Inu and other Dogelon Mars are waiting impatiently to take the place of the eldest. The greater the technological advances of other blockchains, the tougher the competition between these community-based tokens will be.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"></p><ul><li><b><i><span style="font-family: arial;">Dogecoin versus memecoins</span></i></b></li><li><b><i><span style="font-family: arial;">Who are the Dogecoin competitors?</span></i></b></li><li><b><i><span style="font-family: arial;">Should you invest in Dogecoin?</span></i></b></li></ul><div><b><i><span style="font-family: arial;"><br /></span></i></b></div><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgV-7zZUOqkvmQ4SsTqzg8xst5GOjqFCJi3VU5h2nGImEEUlEJe9nh-AAPZqbLSZIcdH9OokLKTJGVVCoQ-TAWKvC34uovxBEdVzNDhG6l0tG0__czAH1PYEL0FUSAEdWSZqcDBtPNJlImeTAjazZBvFJbxdtsAUDKxKnjn8eddjfcfe0PdCxm9dTwY=s800" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: arial;"><img alt="Dogecoin At War Against Memecoins!" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEgV-7zZUOqkvmQ4SsTqzg8xst5GOjqFCJi3VU5h2nGImEEUlEJe9nh-AAPZqbLSZIcdH9OokLKTJGVVCoQ-TAWKvC34uovxBEdVzNDhG6l0tG0__czAH1PYEL0FUSAEdWSZqcDBtPNJlImeTAjazZBvFJbxdtsAUDKxKnjn8eddjfcfe0PdCxm9dTwY=w640-h320" title="Dogecoin At War Against Memecoins!" width="640" /></span></a></div><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Dogecoin, The Memecoin Adulated By Elon Musk</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Created in 2013, Dogecoin is an ancestor in the cryptosphere. Long alone in the domain of meme coins, the DOGE was created to make fun of all the useless cryptocurrencies that appeared. It was therefore a question of making one more but by claiming it. Unfortunately this joke was too successful. After the bullish rally of Dogecoin in 2021 after a few tweets from Elon Musk declaring his love for this cryptocurrency, memecoins have multiplied. It would be impossible to list them all, their creation being almost daily. But Billy Markus, the co-founder of DOGE hates this situation. His twitter feed which is followed by more than a million subscribers is flooded with advertising for one or another of his tokens. Billy Markus has sort of had an overdose of his repetitive spam.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">In fact for him these memecoins “are made by people trying to get rich on the backs of other people trying to get rich”. In his denunciation, Billy Markus specifically targeted the BNB Smart Chain. This one is cluttered with all these useless memecoins. The ease of creating tokens has allowed a large number of projects to come out. But this had counterparts which tarnished the reputation of the BNB Smart Chain. Unlike all these memecoins, the Dogecoin has its own blockchain and therefore did not choose the easy way despite its joker side.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Dogecoin Hounded By Shiba Inu And Other Memecoins</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Among all its meme coins, the Shiba Inu is the one that is the most serious competitor to DOGE. After its bullish rally, this DOGE killer even overtook its master for a few days. Despite the fairly significant drop in its price, it is not far behind. Unlike Dogecoin, Shiba Inu has a busy roadmap: NFT, dedicated DEX, move to dedicated blockchain, DAO, metaverse. The Shiba goes through all the modes. But it seems to work for him. Its ability to renew itself encourages investors to position themselves on it.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Not to mention short-lived meme coins like Santa Floki which benefited from the Christmas spirit to boost its price, several other competitors could also make a push towards the top spots. Thus the Dogelon Mars is at the door of the top 100 since it donated part of its cash to a humanitarian association. Finally, the Floki Inu also benefits from a large community to support it.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">What Perspective For The DOGE price?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">With all its elements, it is legitimate to wonder about the future of Dogecoin. Even though Billy Markus despises all of his meme coins, they could one day take the place of his creation. In fact, it can be seen that investors are not moving away from DOGE. Many altcoins have seen their price cut by 3 or 4 since November. Yet DOGE only suffered a 50% decline. It withstood the winds of market panic remarkably well. If it did not benefit from last night's rally as strongly as altcoins with a similar capitalization, it is because it has much less to catch up.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Currently at 0.13 dollars, it is indeed far from its historic high of 0.68. But this one is to be put into perspective since it was linked to a series of tweets from Elon Musk. Its resistance zone is around $0.26/$0.3. We can therefore hope that its price will increase by at least 100% if there is a new uptrend that sets in. Paradoxically and despite the absence of technical added value, Dogecoin does not seem ready to give its place at the top of the <a href="https://www.cryptosavvy.com/2021/09/cryptocurrency-bitcoin-how-invest-.html">cryptocurrency ranking</a>.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Ancestor of all meme coins, the Dogecoin does not appreciate all its tokens that claim to be its name. Billy Markus is clear. His joke has nothing to do with the scams or illusions related to all these meme tokens. Despite their regular onslaught, especially that of the Shiba Inu, the Dogecoin remains in its place. He has a seniority bonus that he is not about to lose.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-9109175089702907102022-03-01T21:44:00.004+00:002022-03-01T21:55:30.304+00:00 Safemoon Prediction 2022-2025 – Best Crypto To Buy?<p style="text-align: justify;"><span style="font-family: arial;">Safemoon is a young cryptocurrency that has experienced a noticeable drop in price, like most fairly recent digital currencies. Find out the predictions on how its price will develop in the coming years if you are interested in the Safemoon cryptocurrency. You will also discover a better alternative to expand your crypto horizons.</span></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjZtzxcr8nvsm0fa-SVarGkux8VBkjI7gWkEC76bWkNzoMYe1bbRXtnoIgJydHyHyxsE2xFv4Im3QDNog6rv_dTCR-vRQI2y_vIaBlFx3rgtdDp1gFIxnHu-Xz8J9aCJpdeQHd4HdYFtPfWOhn6cTc9RB9V0dgXfc6HvrInHI8XzfelvUzTGGhaP4VG=s800" style="margin-left: 1em; margin-right: 1em;"><img alt="Safemoon Prediction 2022-2025" border="0" data-original-height="400" data-original-width="800" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEjZtzxcr8nvsm0fa-SVarGkux8VBkjI7gWkEC76bWkNzoMYe1bbRXtnoIgJydHyHyxsE2xFv4Im3QDNog6rv_dTCR-vRQI2y_vIaBlFx3rgtdDp1gFIxnHu-Xz8J9aCJpdeQHd4HdYFtPfWOhn6cTc9RB9V0dgXfc6HvrInHI8XzfelvUzTGGhaP4VG=w640-h320" title="Safemoon Prediction 2022-2025" width="640" /></a></div><br /><span style="font-family: arial;"><br /></span><p></p><h3 style="text-align: justify;"><span style="font-family: arial;">Safe Moon Crypto Price Prediction 2022</span></h3><p style="text-align: justify;"><span style="font-family: arial;">From the start, discover a table that summarizes the predictions on the evolution of the price of Safemoon between 2022 and 2025.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: center;"><b><span style="font-family: arial;"> Year Price in US dollars</span></b></p><p style="text-align: center;"><span style="font-family: arial;">2022 0.00000199 USD</span></p><p style="text-align: center;"><span style="font-family: arial;">2023 0.00000227 USD</span></p><p style="text-align: center;"><span style="font-family: arial;">2024 0.00000243 USD</span></p><p style="text-align: center;"><span style="font-family: arial;">2025 0.00000303 USD</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Safe Moon Crypto Price Chart Description</span></h3><p style="text-align: justify;"><span style="font-family: arial;">The current price of Safemoon is USD 0.00000144, rising around 11.67% in 24 hours. This is great news, given the downtrend the cryptocurrency market is experiencing at the moment.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Since the beginning of 2022, Safemoon has recorded a drop of nearly 14.86%. Overall, it limits the breakage well, compared to other crypto-currencies which are experiencing a more substantial decline.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Significant Partnerships, Events And Services</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">Since its launch, Safemoon developers have been able to establish partnership agreements with other institutions and entities to promote their cryptocurrency. Here are some examples of collaborations started, as well as some significant events concerning Safemoon.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Collaboration with EverGrow Coins</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">Since the beginning of February 2022, a partnership agreement has been concluded between Safemoon and EverGrow Coin. The latter is a utility token and it can now be purchased and exchanged on the Safemoon wallet.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">Market launch of Safe moon V2</span></h3><p style="text-align: justify;"><span style="font-family: arial;">This is an upgrade of Safemoon that will bring functionality and security improvements to the network. Taxes will be reduced by 80% for e-commerce and wallet transfers. This improved version should make Safemoon more attractive and owners of the old version can migrate to the new one easily and quickly.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h4 style="text-align: justify;"><span style="font-family: arial; font-size: medium;">Predictions For 2022 And For Years To Come</span></h4><p style="text-align: justify;"><span style="font-family: arial;">Safemoon has certainly experienced a bumpy ride for several months, observers remain optimistic about its long-term potential. Indeed, by the end of 2022, its price could reach 0.00000199 USD. For the year 2023, it will be reduced to 0.00000227 USD, according to estimates. In 2025, it will even reach 0.00000303 USD.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">However, for this increase to be effective, several factors will influence its progression. The first represents the change in major currencies. The fluctuation of giants such as Bitcoin and Ethereum will directly affect small currencies such as Safemoon.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Another point to take into account is the fervor of users vis-à-vis Safemoon. With a probable enlargement of its community of holders, its price will be more likely to increase. Without this growing enthusiasm, the currency risks stagnating or even losing more value.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial; font-size: medium;">Discover below the graph of the evolution of the Safemoon:</span></b></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEis4vsVhr1kDcRoYFfp4YRdVfgaLiQUClckfLtPY6DTor04zA9EFTrpyWaJV-8kFYswFBR_VxFgBDd7vbEkU0mREwG8TDg3HkzHWFyMTX0OckalzslFkQCXNAB1eNGbyUJZ7j0DGJ0R0nujSFpn4BdtQR5wytarZfJGNl6gzh-2vyz6lceGi5D-UHSx=s1422" style="margin-left: 1em; margin-right: 1em;"><img alt="Safemoon Prediction 2022-2025" border="0" data-original-height="687" data-original-width="1422" height="310" src="https://blogger.googleusercontent.com/img/a/AVvXsEis4vsVhr1kDcRoYFfp4YRdVfgaLiQUClckfLtPY6DTor04zA9EFTrpyWaJV-8kFYswFBR_VxFgBDd7vbEkU0mREwG8TDg3HkzHWFyMTX0OckalzslFkQCXNAB1eNGbyUJZ7j0DGJ0R0nujSFpn4BdtQR5wytarZfJGNl6gzh-2vyz6lceGi5D-UHSx=w640-h310" title="Safemoon Prediction 2022-2025" width="640" /></a></div><br /><p></p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;"><span style="font-family: arial;">Is Safemoon The Best Crypto Of 2022?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">Safemoon is an interesting cryptocurrency to buy for several reasons:</span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Good potential future returns thanks to positive observer estimates</span></li><li><span style="font-family: arial;">A price very sensitive to high market volatility</span></li><li><span style="font-family: arial;">A relatively low price, making it an affordable investment</span></li></ul><div><span style="font-family: arial;"><br /></span></div><p></p><p style="text-align: justify;"><span style="font-family: arial;">Nevertheless, if you are looking for the best opportunity for this year 2022, we recommend the native token of Lucky Block (LBLOCK).</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Lucky Block is a crypto platform offering lottery games. Its native token LBLOCK serves as a governance token and currency in games.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;">Lucky Block's goal is to provide a blockchain-based lottery platform. In the jargon, it is a question of “crypto-lottery”. It stands out by promoting fairness and transparency within the lottery. Games of chance are currently experiencing a considerable boom, their association with crypto-currencies can only be a success.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><span style="font-family: arial;"><b><i>Thus, users have the choice between two options:</i></b></span></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Use LBLOCKs to buy lottery tickets.</span></li><li><span style="font-family: arial;">Speculate on variations in their price.</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;">The token was listed in January 2022 and is available from some decentralized exchanges.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><h3 style="text-align: justify;"><span style="font-family: arial;">How To Get Lucky Block?</span></h3><p style="text-align: justify;"><span style="font-family: arial;">LBLOCK tokens have therefore been launched on the market since last January. Their trading price started at $0.00015 during the pre-sale phase. Today, this value has increased significantly. In addition, it is possible to obtain the tokens on the PancakeSwap exchange.</span></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Here's how to get your LBLOCK tokens:</span></b></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Go to the official PancakeSwap website</span></li></ul><p></p><p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjDAvyqS6-cib55dIZyhpkvRBMBDqwM_-Jp_JruD_Bk9-31RtrFaEXPLonHAY3PcoKihUjhMCIvnPGmIZk3QF45xV1R5e97GXurIEnq9EwUBJOeo_A_PaDwH5_UsDOL1RH7hcryaHaJrYetPAelZUvTsGjOPMC4DpwNhTh2ZL6kv6i8ozPjfWURGF6m=s512" style="margin-left: 1em; margin-right: 1em;"><img alt="Safemoon Prediction 2022-2025" border="0" data-original-height="285" data-original-width="512" height="356" src="https://blogger.googleusercontent.com/img/a/AVvXsEjDAvyqS6-cib55dIZyhpkvRBMBDqwM_-Jp_JruD_Bk9-31RtrFaEXPLonHAY3PcoKihUjhMCIvnPGmIZk3QF45xV1R5e97GXurIEnq9EwUBJOeo_A_PaDwH5_UsDOL1RH7hcryaHaJrYetPAelZUvTsGjOPMC4DpwNhTh2ZL6kv6i8ozPjfWURGF6m=w640-h356" title="Safemoon Prediction 2022-2025" width="640" /></a></div><br /><p></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Connect your wallet to the DEX</span></li></ul><div><span style="font-family: arial;"><br /></span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgMHYjxysHSEkL6yrpuqMP5kc15u8OTaDenLVkVlNr9brmwvJfopGPT4_LCk_gf-RMMK6Aac9ZlbPKJ7EayJj7644ZrV29KB87foGy7oliy-sl4xhFRmemC0-TPKp36TtSedKpwwLmPU3jjqtOsy1cu3ufOqhei9X_c1fH6xdcSBz3CtAnzu0nFFm4_=s512" style="margin-left: 1em; margin-right: 1em;"><img alt="Safemoon Prediction 2022-2025" border="0" data-original-height="284" data-original-width="512" height="356" src="https://blogger.googleusercontent.com/img/a/AVvXsEgMHYjxysHSEkL6yrpuqMP5kc15u8OTaDenLVkVlNr9brmwvJfopGPT4_LCk_gf-RMMK6Aac9ZlbPKJ7EayJj7644ZrV29KB87foGy7oliy-sl4xhFRmemC0-TPKp36TtSedKpwwLmPU3jjqtOsy1cu3ufOqhei9X_c1fH6xdcSBz3CtAnzu0nFFm4_=w640-h356" title="Safemoon Prediction 2022-2025" width="640" /></a></div></div><div><span style="font-family: arial;"><br /></span></div><p></p><p style="text-align: justify;"></p><ul><li><span style="font-family: arial;">Use the BNB you own</span></li><li><span style="font-family: arial;">Buy BNB on PancakeSwap if you don't have any yet</span></li><li><span style="font-family: arial;">Exchange your BNB tokens for LBLOCK tokens</span></li></ul><p></p><p style="text-align: justify;"><span style="font-family: arial;"><br /></span></p><p style="text-align: justify;"><b><span style="font-family: arial;">Conclusion</span></b></p><p style="text-align: justify;"><span style="font-family: arial;">Safemoon is a potentially interesting cryptocurrency. However, too many uncertainties still remain about its future and the progression of its price. To date, only estimates reassure us about the possible rise in its price in the future. For more caution, orient yourself towards LBLOCK which is one of the currencies currently in sight on the market. The growing enthusiasm for him bodes well for his future.</span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6080856906536423932.post-38675480743865127712022-02-24T22:13:00.006+00:002022-02-24T23:41:17.437+00:00 Ethereum 2.0: An Economic As Well As A Technological Change!<p style="text-align: justify;">Planned for many years, the transition of Ethereum to proof of stake is accumulating delays. However, the year 2022 should mark a turning point in this transformation. After a name change, since ETH 2.0 must now be called consensus layer, Vitalik Buterin wants to speed up the updates of migration to proof of stake by June. But this decision is not just a technical decision, it serves as a declaration of war on the mining industry.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhcdmxrL0UKPDIv3bIvfws2Bn1tYY82lmUiv5MRmCle44PXlC2__EruRZ6lsrdAGzwQ-dwKIQ-HiE9bckI8dvlPHOxL0pmaaCgEz-sd_cLXT-2_Brnuqk0bZ7DPY8oRIPK_nrw8JfgAO6AlkmqkMd5aWDCfHaB8qF60clL5F-aAsh3yc1LHfjtu9ZfW=s800" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Ethereum 2.0 Upgrade Vitalik Buterin" border="0" data-original-height="450" data-original-width="800" height="225" src="https://blogger.googleusercontent.com/img/a/AVvXsEhcdmxrL0UKPDIv3bIvfws2Bn1tYY82lmUiv5MRmCle44PXlC2__EruRZ6lsrdAGzwQ-dwKIQ-HiE9bckI8dvlPHOxL0pmaaCgEz-sd_cLXT-2_Brnuqk0bZ7DPY8oRIPK_nrw8JfgAO6AlkmqkMd5aWDCfHaB8qF60clL5F-aAsh3yc1LHfjtu9ZfW=w400-h225" title="Ethereum 2.0 Upgrade Vitalik Buterin" width="400" /></a></div><h2 style="text-align: justify;">Transforming Ethereum Architecture</h2><div><br /></div><p style="text-align: justify;">Undisputed king of decentralized finance for four years despite the arrival of many blockchains, Ethereum is suffering from its success. The growing number of transactions is increasingly congesting the network and the explosion of NFTs has further aggravated the situation. During the summer of 2021, the increase in transactions on Opensea blocked the Ethereum network several times and increased transaction fees. During this period, transactions could thus go up to 200 dollars. It was therefore necessary to change the architecture of Ethereum to increase scalability. In addition, the use of proof of work is increasingly criticized for ecological reasons. The proof of stake being much less energy-intensive, it was therefore necessary to change the model.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">However, this could not be done on any condition. The capital invested in the protocols on Ethereum is such that this change should absolutely not affect the security of the network. Vitalik Buterin therefore chose an architecture using sharding to reconcile scalability, decentralization and security. The first step of Ethereum 2.0, the Beacon Chain, was set up in December 2020. Since then, ETH 1.0 and ETH 2.0 coexist pending the various updates necessary to achieve proof of total stake.</p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;">The Ethereum 2.0 future of Layers 2</h3><p style="text-align: justify;">The gradual arrival of ETH 2.0 also highlights the different layer 2 that have been installed since 2019. Indeed, one can wonder if these solutions are doomed to disappear with the transition to ETH 2.0. These layer 2 solutions use Ethereum network security. But they adopt another consensus for validating transactions. This allows them to improve scalability and offer significantly lower transaction fees than Ethereum. Of these solutions, Polygon is obviously the most popular. But since 2021 it has been supplemented by several other layers 2: Arbitrum, Optimism but also MetisDAO which made an astonishing bullish rally at the end of the year.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">In fact, the transformation of Ethereum does not sign the end of these layers 2. These networks are very present in the blockchain landscape and it is difficult to see all their applications migrating to Ethereum. Moreover, Vitalik Buterin himself claimed that Ethereum would still need 2 layers to lighten the mainnet. In fact, you have to see Ethereum as a network made mainly for institutions because of the security it provides. It does not have the hegemonic vocation that one might attribute to it. In fact, among layers 2, MetisDAO could even benefit from the move to ETH 2.0 through the web3 environment it brings to users.</p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;">The Empowerment Of Ethereum</h3><p style="text-align: justify;"><br /></p><p style="text-align: justify;">While the Beacon Chain, a brand-new, proof-of-stake blockchain, was launched over a year ago, the move to ETH 2.0 has not always been pushed back to a later date. We are therefore in the presence of a coexistence between ETH 1.0 (in proof of wook) and ETH 2.0 (in proof of stake). ETH 1.0 serves as the application layer and ETH 2.0 as the consensus layer. While the initial roadmap planned to implement shard chains and therefore finalize the consensus layer to then trigger the migration of applications from ETH 1.0 to 2.0 Vitalik Buterin multiplied the blows of force to accelerate the process and at the same time enter at war with the miners.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">In 2021, the EIP 1559 proposal reduced transaction fees and introduced a burn equivalent to fees. With this proposal, Ethereum has gradually become deflationary. Vitalik then proposes to call ETH 2, the consensus layer. This avoids introducing a chronological conception of the transformation of Ethereum. What might seem like a sleight of hand not to mention the accumulated delay will finally take a back seat. Indeed, The Merge update which will bring together the consensus layer in proof of stake and the application layer, still in proof of work, will take place at the end of June. It will therefore be necessary that on this date the minors drop their graphics card and pass to the validation.</p><p style="text-align: justify;"><br /></p><h3 style="text-align: justify;">The Four Scenarios: What To Do With Graphics Cards?</h3><p style="text-align: justify;"><br /></p><p style="text-align: justify;">We can therefore imagine several possible scenarios. Four are possible. If all the miners refuse the update, Vitalik will have lost its bet. We will still have to wait before going to proof of stake. If a significant part refuses, we are witnessing the worst-case scenario. Indeed, there could be a fork from which two Ethereum blockchains would emerge. This scenario has already happened in 2016 with the creation of Ethereum Classic because of the fraudulent project The DAO. With this scenario, there would be a risk of seeing some of the NFTs present on Ethereum disappear.</p><p style="text-align: justify;"> </p><p style="text-align: justify;">If the minors accept, they will have a choice to make. Either they get rid of their graphics card to go to validation. But this would result in putting a lot of graphics cards on the market, which could hurt the sales of NVDIA, which is the leader in this sector. Finally, those who want to stay in mining could move to other blockchains, increasing competition on them. Either way, The Merge will be a big economic shake-up in the mining world!</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">A real sea serpent in the cryptosphere, the transition from Ethereum to proof of stake could happen faster than expected. Despite successive delays, Vitalik Buterin has decided to speed up The Merge update to force miners to accept this passage. The next few months will tell us if this bet succeeds. Whatever the outcome, Ethereum will enter a new era.</p>Unknownnoreply@blogger.com