$UNI Makrodiagramm Der wichtigste Widerstand liegt derzeit

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sup friends how u all doing ⁉️ so are you bullish or bearish this week ? Comment below ✅👇

Here is the biggest question: Is Cryptocurrency Money? Cypto and bitcoin have become the main topics in the financiali ndustry. A cryptocurrency is a digital or virtual currency that uses cryptography for security. They are a type of digital currency that allows people to make payments directly to each other through an online system. Cryptocurrencies have no legislated or intrinsic value; they are simply worth what people are willing to pay for them in the market. This is in contrast to national currencies, which get part of their value from being legislated as legal tender. Thenceforth here is our problematic : is Cryptocurrency Money ? In a historical retrospective, markets in general and financial markets in particular, have experienced a huge development. In this regard the instruments used as exchange instruments have also experienced change and have evolved in accordance to the markets needs aiming to make trade transactions as easy as possible. Those instruments used to intermediate the exchange of goods are known as money. Most of the economists define money as something that serves as a medium of exchange, a unit of accounting, and a store of value. Money is a medium of exchange in the sense that we all agree to accept it in making transactions. Merchants agree to accept money in exchange for their goods; employees agree to accept money in exchange for their labor.as a unit of accounting, money provides a simple device for identifying and communicating value. Money serves as a store of value in that it allows us to store the rewards of our labor or business in a convenient tool. In other words, money lets us store the value of a long, hard week of work in a tidy little stack of cash. Without money,how would we set aside the compensation we receive for later use? From the era of barter to commodity money, metal and coins, to gold and silver, continuing by modern monetary systems and checks and ending with the latest global currency developments,such as introduction of cryptocurrencies known as bitcoin and ethereum and alike,have passed centuries.

🤑🤑 If you're interested in joining the Vanguard, you can get started today.🔥🔥 🚨 Dont Miss 🚨 Xai will leverage platforms like Zealy and Galxe to offer a variety of quests and campaigns. Every quest, campaign, or activity earns you points, leveling you up and granting you important discord roles and access to exclusive channels. Xai is the world’s first Layer 3 solution for AAA gaming. Powered by Offchain Labs Arbitrum technology, Xai was developed to enable real economies and open trade in the next generation of video games. Additionally, Ex Populus, founded by experts from industry giants Activision, Pixar, Ubisoft, and others, is the pioneering game developer on the Xai chain and believes that blockchains should primarily serve as a backend technology,and complex web3 interactions should be abstracted away. This approach enables traditional gamers to enjoy the advantages of blockchain without encountering the often high barriers typically associated with web3 experiences. Xai Vanguard: Genesis builds on the momentum of last year’s successful Xai Odyssey campaign, which saw impressive engagement within the blockchain gaming space. Xai Odyssey recorded over 500,000 connected wallets, 5 million daily transactions, and $175 million in player rewards. Unlike its predecessor, which operated on the Xai testnet, the Xai Vanguard: Genesis will be the first major campaign conducted on the Xai mainnet. $XAI Coin is a revolutionary cryptocurrency designed to simplify and enhance digital transactions. Unlike many other cryptocurrencies, XAI focuses on user friendliness, security, and robust technology. Its blockchain infrastructure ensures fast, secure, and transparent transactions, making it an ideal choice for both seasoned investors and newcomers.What sets XAI Coin apart is its association with the innovative initiative, XAI Vanguard Genesis. #XaiVanguardGenesis @XAI_GAMES

ETH/USDT TA🔥 Ethereum has been struggling to breakout from the local resistance zone, where the price has formed a nice two-fakeout zone, which can also be seen as a double-top pattern. Now that we are looking for further movement below that resistance zone, we will be keeping an eye on the neckline zone, which we will touch once we see a full breakdown from that resistance zone! $ETH

💥💥 Polygon (MATIC) price has been forming lower lows, which took a pause over the last 48 hours. This, however, is not enough to counter the fact that the intense bearishness still influences price action. MATIC price has impacted the total transaction volume generated on the network. This has reached a significant low, mirroring levels seen in December 2023. Currently, the transaction volume stands at under $33 million, highlighting a considerable reduction in network activity. This decline in transaction volume may reflect decreased user engagement or confidence in the network’s performance. In addition to the concerning transaction volume, MATIC is experiencing a unique challenge due to its low correlation with Bitcoin. If Bitcoin were to rise significantly, MATIC might not benefit from the same upward momentum. This disconnect could hinder MATIC’s recovery efforts, leaving it less responsive to broader market gains driven by Bitcoin. At the moment, the correlation is at a two month low of 0.4, last seen in April this year. Overall, the combination of low transaction volume and the weak correlation with Bitcoin presents a challenging environment for MATIC.

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