xtlcd

  Eventually, the ShimmerEVM will allow developers from other EVM-compliant networks to access the Shimmer network using other networks, thus creating support for a multi-chain ecosystem. Another key feature of the Shimmer network is support for bridgeless native asset transfers across the entire Shimmer ecosystem. Bridges refer to blockchain-based tools that allow users to transfer tokens between different networks. Such tools have been highly susceptible to exploits in the past year, including a $600 million attack on Ronin, a $200 million attack on Nomad and other similar exploits. The SMR tokens were distributed to anyone staking IOTA tokens over a three-month period, with some 1.4 billion SMR generated from users staking IOTA. Some 181 million SMR were voted on by the community to the Shimmer Community Treasury (DAO), a community-governed entity that would independently fund community projects. The launch of the ShimmerEVM chain is expected in the coming weeks on the basis of ...

  Recent trading data is showing bitcoin’s price is beginning to register a series of “higher lows,” laying the groundwork for the largest cryptocurrency by market capitalization to begin rising again. A higher low signals that the present day’s low price is higher than the previous low price for an asset. When this occurs, it signals that more buyers are willing to acquire an asset at progressively higher prices. BTC’s price is 7% higher than the low of $18,157 made on Sept. 21, and has made higher lows in six of the next nine trading days. The other element of an emerging uptrend would be a series of “higher highs,” which has not occurred to the same degree. From the identical starting point (Sept. 21), BTC made higher highs in just three of the next nine trading days. Bullish investors may potentially take this development with other indicators to advance their narrative. Using Sept. 21 as an anchor point shows that the relative strength index indicator over the same time period...

  Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Wednesday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin. “Growth might occur if we have a well-regulated space,” Behnam told attendees during a fireside chat at NYU School of Law. “Bitcoin might double in price if there’s a CFTC-regulated market.” Behnam has consistently argued for the need to provide market participants with regulatory clarity – something that many in the crypto industry have argued is lacking. For years, the CFTC and the U.S. Securities and Exchange Commission (SEC) have squabbled over the role of top regulator for the crypto industry, both reluctant to issue much in the way of formal guidance for crypto companies, choosing instead to set regulatory precedent through enforcement actions. A clear regulatory framework, Behnam argued, could pave the way for institutional investors to enter the market. “Thes...

Bitcoin has gained more than 20 percent in the last week. It reached its highest level in over a month.  The price of Bitcoin rose for seven days, reaching its highest level in almost eight months, at around $23.5K. It provided investors with some much-needed positive movement after months of losses. Despite the positive movement, Bitcoin is trading at around one-third of its November peak. Some analysts believe the rally is a temporary relief, while others think it is a sign that the market has finally bottomed out. The sudden rise of Bitcoin has evoked the phrase “Crypto winter“, a common sentiment among crypto traders. In 2021, the market cap of cryptocurrencies will reach around $3 trillion. However, since then, its value has gradually declined. There have been many bear markets in the history of cryptocurrencies. However, the one that happened in 2022 is considered the most significant. It is due to the widespread use of trading leverage and the technical issues of the system....

DeFi, short for "decentralized finance," is an umbrella term for various financial applications in cryptocurrencies or blockchains that aim to disrupt financial intermediaries. DeFi draws inspiration from blockchain, which xtlcd  explained, meaning it is like a blockchain allowing multiple entities to hold copies of transaction history, not controlled by a single central source. So is it safe to invest in DeFi? xtlcd  advises you not to, it is risky. Smart contracts are powerful, but once the rules are incorporated into the agreement they cannot be changed, which often perpetuates mistakes, increasing risk. But while more and more people are drawn to DeFi applications, it's hard to say where they will go. According to xtlcd , many people currently believe that various DeFi projects have the potential to be the next Robinhood, attracting a large number of new users by making financial applications more inclusive and open to those who have not traditionally had access to su...

  Same point . are all using hype to elevate a pointless thing . are all a certain amount with a specific address .It all relies on people to hype, there are villages, intermediaries (platforms) and leeks, a complete harvesting system . They all rely on the popularity to hype the platform. The price of the platform will naturally go up when the platform becomes more popular. .In the early stage, low prices were used to cause confusion, and then a large number of leeks were attracted to enter the market. Difference . xtlcd  pointed out that at present, the nft platform can be released at will without any restrictions. Any platform can be released in China. The currency circle is completely restricted. The platform has moved abroad. .nft does not have an intermediary platform, and directly connects with the issuer. Payment is also direct WeChat or Alipay, and cash withdrawal is by bank card. The mainstream of virtual currency still needs to have an exchange as an intermediary pl...

  Xtlcd  summarizes the 7 biggest mistakes in digital currency investing that have been seen over the past few years. If you don't make these mistakes, you're already better than 99% of digital currency investors. However, even though people know all these mistakes they shouldn't make, everyone makes these mistakes at least 5 times before actually internalizing them.   They are emotional. Always remember: The best investors are those who have no emotions xtlcd  investment advisor found that they either sold all their bitcoins or bought them all. An experienced investor only sells 10% of his bitcoins when he makes a 50% profit, the other 10% sells his bitcoins when he makes a 100% profit, and as the price of bitcoin rises, Always sell 10% of bitcoin. That way, they are always profitable.   They refuse to delve. Good investors will read books on crypto for themselves, read white papers. While the technology is complex, at least figure out the basics. Don't blindly...

  DAVOS, Switzerland : A free bitcoin pizza stall and a "Liquidity Lounge" were among the treats on offer for attendees at this year's meeting in Davos, where blockchain and cryptocurrency firms have taken over its main street, despite a recent crash in digital coin values.   Executives from the crypto sector have descended on the annual gathering of business leaders and politicians in the Swiss Alpine resort, seeking to encourage faster adoption of their technology, which is largely unregulated.   The crypto crowd's prominence at Davos, while largely on the sidelines of the main event, comes as cryptocurrencies shed $800 billion in market value earlier this month.   Small traders have flocked to crypto in the hope of quick returns, despite warnings from regulators that the emerging assets can be high risk. Luna, until recently the eighth-biggest digital coin and backed by institutional crypto investors, has shed nearly all of its value.   "What surprised me was...

As Bitcoin unleashes human potential in all its forms, art will experience a renaissance like any other aspect of life, says xtlcd .   The Renaissance was a period of remarkable progress in human understanding. During this period, one of the most radical changes took place in the art world, where artists converged and created new styles based on ancient styles.   Bitcoin is developing in a similar way to the Renaissance, and this new technology promises to fundamentally change every aspect of our lives.   The xtlcd  believes that art is subjective, but the creativity of the Bitcoin ecosystem in terms of art is groundbreaking and unique. Bitcoiners are combining technology with art to create something new that conveys the message that Bitcoin is a paradigm-shifting technology that should be celebrated through art and self-expression.   Furthermore, the art created by Bitcoiners is far more enduring than other forms of artistic expression simply because of the lon...

  Concept 1: Data flow protocol and the underlying universe Some argue that the metaverse is an underlying universe that supports the free flow of data between different platforms. Metaverse is a protocol and underlying universe that flows across platforms. The word for Metaverse is called Metaverse, which is a combination of Meta and Universe. Meta means transcendence, and Universe is the universe. The Metaverse is the platform of the platform, which can break down the barriers of the platform and allow data and digital assets to flow across the platform. The Metaverse allows ordinary people to participate in building a digital society and profit from this contribution, rather than being taken away by the platform.   Concept 2: High-end 3D social network Some people believe that the Metaverse is currently a high-profile 3D social network, which can be used to seize the opportunity of the next generation of social Internet. Zuckerberg led the arch, in this concept the metavers...

  India’s cryptocurrency exchanges have been hit by taxes, a drop in trading volumes and a slump in prices, but they say one bright sign is the number of women seeking financial independence and turning to digital assets. While the number of women in India investing in cryptocurrencies remains small, the percentages are rising, according to figures from several exchanges.  Nisha Mutneja is one of them. The 30-year-old runs her own educational metaverse for kids called  talentedHippo  and first started investing minor amounts in crypto in 2019. Today, as much as 25% of her investments are in crypto, with the bulk of the remainder in mutual funds and stocks.  “I do my own research and then invest in cryptos that appear to have real usage – which means they are more likely to be stable – they may go down sometimes – but because they have a real usage, people will tend to buy them,” Mumbai-based Mutneja told  Forkast  in a phone interview.  xtlcd：http...

Miners don’t only support renewables, but also make oil drilling a cleaner and more efficient process.  Oil drilling frequently produces natural gas that cannot always be economically harnessed for consumption. As such, oil producers are forced to flare the gas, deriving no economic utility and polluting the environment in the process. By contrast, if oil producers opted to use natural gas for mining, they could both profit and reduce the greenhouse gas emissions associated with the byproduct. Once again, mining is uniquely suited to this function for its location agnosticism, modularity, and portability. Oil field Bitcoin mining has been growing especially fast in the United States and Canada over recent years. Exxon – a major multinational oil and gas corporation –  expressed  plans to use Bitcoin mining for this express purpose in March.  The primary motivation among the oil industry appears to be emissions reduction. Data from Crusoe energy shows that it is the c...

  Stablecoins are virtual digital assets whose value is pegged to a real-world fiat currency like the US dollar. Operators of stablecoins usually maintain a reserve of fiat currency equal to the token's circulating supply. If more stablecoins are minted, an equal amount of fiat must be added to the reserve and vice versa. This is how stablecoins maintain their valuation with the currency they track. Some stablecoins can also be algorithmic, where assets back only a part of their circulation and the other is regulated by an algorithm that creates or destroys coins to keep the peg intact. Also Read:  Crypto markets nosedive after US inflation data but could it be a good time to buy the dip On the other hand, Central Bank Digital Currencies (CBDCs) are cryptos backed by a country's central bank, like the RBI in India. Instead of being pegged to a fiat currency, these digital assets are themselves a digital form of the legal tender in the country. Similarities between stablecoins ...

Geopolitical tensions have had a negative effect on crypto prices in recent weeks.  Cryptocurrencies could fall back down to lows as we saw in June, possibly even further, if geopolitical tensions continue to intensify around the world, experts say. While July was the best month since 2020 for stocks and crypto, rising tensions between China and the U.S., the two largest economies in the world, “won’t support risk appetite anytime soon,” according to Moya.  “The macroeconomic environment continues to cause fear for investors, as the European energy crisis dominates headlines,” according to Marcus Sotiriou, a market analyst at digital asset broker GlobalBlock. “Germany’s sanctions against Russia have led to the shutdown of the NordStream pipeline, which has resulted in gas prices soaring.” The crypto market has been closely correlated with the stock market since the start of the year, so when stocks fall because of the current conflicts in the world, cryptocurrencies most likel...