LIVEIan Pecora
@Orca61
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#Newtradersguide
#muslimtraders its your own duty to research before getting into the market.. my analysis as under
Summary on Interest in Crypto Funding Rates:
Crypto funding rates are interest rates charged on perpetual or futures contracts traded on cryptocurrency derivatives exchanges. These rates balance contract prices with the underlying asset's market price. Traders exchange funding fees every few hours based on contract vs. spot price differences, market liquidity, and prevailing interest rates. Positive rates mean long positions pay short ones, promoting market stability but resembling interest. In Islamic finance, such interest
mechanisms are haram (forbidden).
Islamic Perspective:
In Islamic finance, riba (interest) is strictly forbidden. Crypto funding rates resemble interest due to guaranteed payments based on price differences and prevailing rates. This conflicts with Islamic principles requiring transactions to avoid riba and gharar (speculation). Islamic finance offers riba-free alternatives like sukuk (bonds), murabaha (cost-plus), and mudarabah (profit-sharing).
Conclusion:
Crypto funding rates play a crucial role in balancing contract prices but involve interest-like payments. For Muslims, trading in compliance with Shariah involves avoiding such mechanisms and opting for riba-free financial instruments. Consulting with Islamic finance experts ensures adherence to Shariah principles in trading practices.
BNB is the only coin on the binance without interest yet I am going to make my research on it. However, the Spot trading is safe.
#muslimtraders its your own duty to research before getting into the market.. my analysis as under
Summary on Interest in Crypto Funding Rates:
Crypto funding rates are interest rates charged on perpetual or futures contracts traded on cryptocurrency derivatives exchanges. These rates balance contract prices with the underlying asset's market price. Traders exchange funding fees every few hours based on contract vs. spot price differences, market liquidity, and prevailing interest rates. Positive rates mean long positions pay short ones, promoting market stability but resembling interest. In Islamic finance, such interest
mechanisms are haram (forbidden).
Islamic Perspective:
In Islamic finance, riba (interest) is strictly forbidden. Crypto funding rates resemble interest due to guaranteed payments based on price differences and prevailing rates. This conflicts with Islamic principles requiring transactions to avoid riba and gharar (speculation). Islamic finance offers riba-free alternatives like sukuk (bonds), murabaha (cost-plus), and mudarabah (profit-sharing).
Conclusion:
Crypto funding rates play a crucial role in balancing contract prices but involve interest-like payments. For Muslims, trading in compliance with Shariah involves avoiding such mechanisms and opting for riba-free financial instruments. Consulting with Islamic finance experts ensures adherence to Shariah principles in trading practices.
BNB is the only coin on the binance without interest yet I am going to make my research on it. However, the Spot trading is safe.
The market showed some of the spikes of high and low even after finding the positive news of CPI so why we are still stuck in consolidation? what are your thoughts about the market.$BTC
Hamster Kombat.. the Web3 Game growing very fast if you are on telegram you have a chance to earn a free Air drop on your TON wallet.
Initially tarted with $SOL but now on TON blockchain. Soon, going to give a big Air drop. You're not late. Join today Tap, grow your Per Hour profut, solve the card pattren, earn by solving the Morse code Cipher, and be the part of it.
Cypher and Cards combo update will be available here. To enter throught the given link of telegram bot and tap start
#https://t.me/hamster_kombaT_bot/start?startapp=kentId6914329412
Initially tarted with $SOL but now on TON blockchain. Soon, going to give a big Air drop. You're not late. Join today Tap, grow your Per Hour profut, solve the card pattren, earn by solving the Morse code Cipher, and be the part of it.
Cypher and Cards combo update will be available here. To enter throught the given link of telegram bot and tap start
#https://t.me/hamster_kombaT_bot/start?startapp=kentId6914329412
#Newtradersguide
#1CPI
What do I need to know about CPI. Important Terminologies.
Here are some of the important aspects of the Consumer Price Index (CPI) that influence the market rates
1. Overall CPI
2. Core CPI
3. Inflation Rate
4. Deflation Rate
5. Month-over-Month (MoM) Changes
6. Year-over-Year (YoY) Changes
7. Shelter Index
8. Energy Index
9. Food Index
10. Medical Care Index
11. Regional Indexes
12. Seasonally Adjusted CPI
13. Cost-of-Living Adjustment (COLA)
14. Weighting of Basket Components
15. Urban Consumer Group (CPI-U)
16. Chained CPI (C-CPI-U)
Conclusion
These factors collectively influence market perceptions and actions, impacting everything from stock prices to bond yields and interest rates. Understanding these elements helps traders anticipate market movements based on CPI reports.
we'll discuss all one by one stay tunned for further information. Do share and wait for the New Trader Guide posts.
$BTC
#1CPI
What do I need to know about CPI. Important Terminologies.
Here are some of the important aspects of the Consumer Price Index (CPI) that influence the market rates
1. Overall CPI
2. Core CPI
3. Inflation Rate
4. Deflation Rate
5. Month-over-Month (MoM) Changes
6. Year-over-Year (YoY) Changes
7. Shelter Index
8. Energy Index
9. Food Index
10. Medical Care Index
11. Regional Indexes
12. Seasonally Adjusted CPI
13. Cost-of-Living Adjustment (COLA)
14. Weighting of Basket Components
15. Urban Consumer Group (CPI-U)
16. Chained CPI (C-CPI-U)
Conclusion
These factors collectively influence market perceptions and actions, impacting everything from stock prices to bond yields and interest rates. Understanding these elements helps traders anticipate market movements based on CPI reports.
we'll discuss all one by one stay tunned for further information. Do share and wait for the New Trader Guide posts.
$BTC
Market is continuously Hunting the shorts now 1990k+ liquidities hit since the 0150 UTC.
FOMC meeting is ahead. What are your thoughts!
#IO started with a stunning price.
FOMC meeting is ahead. What are your thoughts!
#IO started with a stunning price.
Cristiano Ronaldo fans... lets Suiiii together.. 1400 UTC. CR7 NFTs chance to get a rare NFT for free.
Alert: Be aware of scams, there are alot of fake NFT scammers
Alert: Be aware of scams, there are alot of fake NFT scammers
Where is market Actually going To be honest no one knows... the spot traders who are buying BTC at this price needs to stay calm and can have a big lot in thier wallets.. However, the futures traders.. stay sharp market is hunting liquidities...
Alt coins found intrest of some whales pumping fast, thousands of Eth sold today..
what are your thoughts do share in comments..
Alt coins found intrest of some whales pumping fast, thousands of Eth sold today..
what are your thoughts do share in comments..
Bullish Short term
31%
Bearish short term
43%
IDC I know BTC will pump
26%
187 votes âą Voting closed
common people lets earn some way.. click the link and share it with your friends and earn..
LIVE
Binance Square Official
--
We've just topped up our reward pool đ Last 7 days to unlock up to 100 USDT in rewards!
Share any Square content links with your friend and each of you can unlock a USDT reward of up to 2 USDT each time.
Unlock BIGGER rewards when you share it with a friend new to Binance! New users can also complete extra tasks to unlock extra rewards.
Share to Win up to 100 USDT now!
Share any Square content links with your friend and each of you can unlock a USDT reward of up to 2 USDT each time.
Unlock BIGGER rewards when you share it with a friend new to Binance! New users can also complete extra tasks to unlock extra rewards.
Share to Win up to 100 USDT now!
Binance with 200 Million users... Market badly stucked... hardly moved in last 48 hrs... FOMC meating ahead... please new traders and retail traders ve extra cautious... be very pro active... market can go either way...
Stay cautious, Stay safe...
Stay cautious, Stay safe...
Joe Biden turning pro crypto.... veto the Anti Crypto Bill.... what do you think about this..?
How this will effect the BTC and Crypto market...?
How this will effect the BTC and Crypto market...?
see RNDR on the high move right now, will soon share the relative news for RNDR if you have your thoughts please do share....
Looking for something?
keep your eyes on NYC time 2PM for FEDs minute release ....!
follow and support if you found me helpful.!
keep your eyes on NYC time 2PM for FEDs minute release ....!
follow and support if you found me helpful.!
We can see RNDR is totally replicating its moves along with the BTC.. by the way it's my Trading view account where I practice my Trades through Paper trading.. A BTC spike can give a good push.. minimum see 11.5 to be reached..
sorry for the low quality pic..đ„ș
sorry for the low quality pic..đ„ș
My observation regarding the Pepe is that it always follows opposite to the market trend as we always see the pepe performing absolutely đ once overall market is bearish...
what are your views and observations..?
what are your views and observations..?
Second most importnat halving folks after Bitcoin now on 30th May its going to be the ETH halving... what are your thoughts about it.. how market is going to react to this.. ?
$ETH is hitting $38,00 ya'll...
Seems like the market is back to normal Black Rock ETF price is going high... The ETF of ETH if finally gives some possitive news... we are straight back to $4000 otherwise we must stay tunned for the reversal..
Seems like the market is back to normal Black Rock ETF price is going high... The ETF of ETH if finally gives some possitive news... we are straight back to $4000 otherwise we must stay tunned for the reversal..
$BTC we've seen the BTC rising high as most of us were waiting for it. Indeed we are happy, Share your Analysis and let's see what your thoughts are about the BTC bext move..
Hello all friends, as I had already discussed the RNDR 22nd May date..
RNDR and Nvidia are joining hands for a new venture.. Sentimental analysis says it may give a boost to the price of RNDR.. Howmuch, the claimed price is of $22 but can't say much. The project is gaining popularity, and RNDR holders may have good news after this project. Let's hope for good and have a good day ya'll
#RNDRRevolution $RNDR
RNDR and Nvidia are joining hands for a new venture.. Sentimental analysis says it may give a boost to the price of RNDR.. Howmuch, the claimed price is of $22 but can't say much. The project is gaining popularity, and RNDR holders may have good news after this project. Let's hope for good and have a good day ya'll
#RNDRRevolution $RNDR
are you expecting 1.2 or 1.5 by sui?
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CryptoPress
--
Sui
What is Sui?
Sui is not just another blockchain; itâs a reimagined platform designed to overcome the limitations of traditional blockchains like Ethereum and Bitcoin. By combining a novel architecture, a unique programming language (Move), and a focus on parallel transaction processing, Sui is poised to usher in a new era of scalability, speed, and developer-friendliness in the world of decentralized finance (DeFi).
How Sui Works:
Unlike most blockchains that employ a sequential transaction processing model, Sui embraces parallel processing. This means that multiple transactions can be processed simultaneously, drastically increasing throughput and reducing latency. This is akin to upgrading from a single-lane road to a multi-lane highway, allowing for a much smoother and faster flow of traffic.
Sui achieves this through its unique object-centric data model. In Sui, every piece of data is treated as an independent object that can be owned, transferred, and modified. This is in contrast to account-based models like Ethereum, where transactions involve changes to the state of accounts. Suiâs object-centric model allows for greater flexibility and easier parallel processing, as transactions involving different objects can be executed independently.
Key Points:
Parallel Processing: Suiâs core innovation enables transactions to occur simultaneously, boosting speed and scalability.
Object-Centric Model: Data is treated as independent objects, allowing for more flexible and efficient transaction processing.
Move Programming Language: A secure and developer-friendly language designed specifically for blockchain development.
A Brief History of Sui
Suiâs origins trace back to Mysten Labs, a company founded by former Meta (formerly Facebook) engineers who played pivotal roles in developing the Diem blockchain project. While Diem ultimately faced regulatory hurdles, the teamâs experience and expertise laid the foundation for Sui.
Launched on the Devnet in May 2022, Sui quickly garnered attention from the developer community due to its innovative architecture and potential to solve some of the most pressing challenges facing blockchain technology. This led to a successful Testnet phase, where the network was stress-tested and refined.
The Mainnet launch in May 2023 marked a significant milestone for Sui. The network is now live and open to users, developers, and businesses.
Timeline:
2021: Mysten Labs founded
May 2022: Devnet launch
May 2023: Mainnet launch
Distinctive Features: Speed, Scalability, and Developer Experience
Suiâs unique combination of features sets it apart from other blockchain platforms:
High Throughput: Suiâs parallel processing capabilities enable it to handle a massive number of transactions per second, far exceeding the capacity of most existing blockchains. This makes it ideal for applications that require high throughput, such as gaming, decentralized exchanges, and NFT marketplaces.
Low Latency: Transactions on Sui are confirmed almost instantly, thanks to its fast finality mechanism. This is crucial for applications that require real-time responsiveness, such as financial trading and online auctions.
Developer-Friendly: Suiâs Move programming language is designed to be secure, expressive, and easy to learn. It provides developers with a familiar syntax and a set of powerful tools for building decentralized applications.
Scalability: Suiâs architecture is inherently scalable, meaning it can handle increasing demand without sacrificing performance. This makes it a future-proof platform that can grow with the needs of its users.
Governance: A Community-Driven Approach
Suiâs governance model is still evolving, but the goal is to create a decentralized and community-driven ecosystem. The Sui Foundation, a non-profit organization, plays a key role in supporting the development and adoption of the Sui network.
Sui Foundationâs Roles:
Supporting Development: Funding research and development initiatives
Community Engagement: Fostering a vibrant community of developers, users, and businesses
Ecosystem Growth: Promoting the adoption of Sui in various industries
The long-term vision is for Sui to transition to a fully decentralized governance model, where token holders will have a say in the direction of the platform. This will ensure that the network remains aligned with the interests of its users.
Fact Sheet: Sui at a Glance
Aspect Details Project Smart contract 0x2::sui::SUI Official Website https://sui.io/ Explorer https://suiscan.xyz/mainnet/home Max. Market Cap 10.000.000.000 ICO Date May 2, 2023 Documentation https://docs.sui.io/ Whitepaper https://github.com/MystenLabs/sui/blob/main/doc/paper/sui.pdf Social Accounts Twitter: @SuiNetwork, Discord: https://discord.com/invite/sui
Conclusion
Sui represents a significant leap forward in blockchain technology. Its innovative architecture, focus on scalability, and developer-friendly environment make it a promising platform for the future of DeFi. As the Sui ecosystem continues to grow and mature, we can expect to see a wave of new and exciting applications that leverage its unique capabilities.
The post Sui appeared first on Cryptopress.
Sui is not just another blockchain; itâs a reimagined platform designed to overcome the limitations of traditional blockchains like Ethereum and Bitcoin. By combining a novel architecture, a unique programming language (Move), and a focus on parallel transaction processing, Sui is poised to usher in a new era of scalability, speed, and developer-friendliness in the world of decentralized finance (DeFi).
How Sui Works:
Unlike most blockchains that employ a sequential transaction processing model, Sui embraces parallel processing. This means that multiple transactions can be processed simultaneously, drastically increasing throughput and reducing latency. This is akin to upgrading from a single-lane road to a multi-lane highway, allowing for a much smoother and faster flow of traffic.
Sui achieves this through its unique object-centric data model. In Sui, every piece of data is treated as an independent object that can be owned, transferred, and modified. This is in contrast to account-based models like Ethereum, where transactions involve changes to the state of accounts. Suiâs object-centric model allows for greater flexibility and easier parallel processing, as transactions involving different objects can be executed independently.
Key Points:
Parallel Processing: Suiâs core innovation enables transactions to occur simultaneously, boosting speed and scalability.
Object-Centric Model: Data is treated as independent objects, allowing for more flexible and efficient transaction processing.
Move Programming Language: A secure and developer-friendly language designed specifically for blockchain development.
A Brief History of Sui
Suiâs origins trace back to Mysten Labs, a company founded by former Meta (formerly Facebook) engineers who played pivotal roles in developing the Diem blockchain project. While Diem ultimately faced regulatory hurdles, the teamâs experience and expertise laid the foundation for Sui.
Launched on the Devnet in May 2022, Sui quickly garnered attention from the developer community due to its innovative architecture and potential to solve some of the most pressing challenges facing blockchain technology. This led to a successful Testnet phase, where the network was stress-tested and refined.
The Mainnet launch in May 2023 marked a significant milestone for Sui. The network is now live and open to users, developers, and businesses.
Timeline:
2021: Mysten Labs founded
May 2022: Devnet launch
May 2023: Mainnet launch
Distinctive Features: Speed, Scalability, and Developer Experience
Suiâs unique combination of features sets it apart from other blockchain platforms:
High Throughput: Suiâs parallel processing capabilities enable it to handle a massive number of transactions per second, far exceeding the capacity of most existing blockchains. This makes it ideal for applications that require high throughput, such as gaming, decentralized exchanges, and NFT marketplaces.
Low Latency: Transactions on Sui are confirmed almost instantly, thanks to its fast finality mechanism. This is crucial for applications that require real-time responsiveness, such as financial trading and online auctions.
Developer-Friendly: Suiâs Move programming language is designed to be secure, expressive, and easy to learn. It provides developers with a familiar syntax and a set of powerful tools for building decentralized applications.
Scalability: Suiâs architecture is inherently scalable, meaning it can handle increasing demand without sacrificing performance. This makes it a future-proof platform that can grow with the needs of its users.
Governance: A Community-Driven Approach
Suiâs governance model is still evolving, but the goal is to create a decentralized and community-driven ecosystem. The Sui Foundation, a non-profit organization, plays a key role in supporting the development and adoption of the Sui network.
Sui Foundationâs Roles:
Supporting Development: Funding research and development initiatives
Community Engagement: Fostering a vibrant community of developers, users, and businesses
Ecosystem Growth: Promoting the adoption of Sui in various industries
The long-term vision is for Sui to transition to a fully decentralized governance model, where token holders will have a say in the direction of the platform. This will ensure that the network remains aligned with the interests of its users.
Fact Sheet: Sui at a Glance
Aspect Details Project Smart contract 0x2::sui::SUI Official Website https://sui.io/ Explorer https://suiscan.xyz/mainnet/home Max. Market Cap 10.000.000.000 ICO Date May 2, 2023 Documentation https://docs.sui.io/ Whitepaper https://github.com/MystenLabs/sui/blob/main/doc/paper/sui.pdf Social Accounts Twitter: @SuiNetwork, Discord: https://discord.com/invite/sui
Conclusion
Sui represents a significant leap forward in blockchain technology. Its innovative architecture, focus on scalability, and developer-friendly environment make it a promising platform for the future of DeFi. As the Sui ecosystem continues to grow and mature, we can expect to see a wave of new and exciting applications that leverage its unique capabilities.
The post Sui appeared first on Cryptopress.
