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What is staking?
Staking is the act of holding and locking up a certain amount of coins to receive rewards. These coins can be locked in wallets or nodes of a Blockchain project for a period of time. The reward will be based on the effort the user has put in including: amount of coins staked & stake duration.
For blockchains that use the Proof of Stake (PoS) consensus mechanism, participants stake their coins into the network to validate transactions and create new blocks. Rewards (including block rewards and transaction fees) will be given to PoS participants as an incentive for their contributions.
Note: Some people often translate stake or staking as betting. However, this usage of the word is not entirely accurate. Staking is the act of locking coins/tokens into the blockchain's smart contract to receive rewards. In this action there is no betting nature to predict win or loss, right or wrong. Therefore, we should not use the above translation. For a concise and accurate presentation, Coin98 Insights will use the correct term "stake" or "staking".
Staking classification
Here I also want to clarify two concepts:
Staking in PoS consensus mechanism
That is, a certain amount of coins will be staked to ensure a certain task. In the PoS mechanism, you stake coins to ensure and prove your ability to process transactions and create blocks, and receive rewards for your efforts. This staking directly impacts the Blockchain network.
Typical examples are Blockchain Platform projects such as TomoChain, IOST, OneLedger (OLT), WAX, Tron (TRX),...
#BTC #TIA #ANDREETMV #ThaiMinhVui #Aleo
Staking is the act of holding and locking up a certain amount of coins to receive rewards. These coins can be locked in wallets or nodes of a Blockchain project for a period of time. The reward will be based on the effort the user has put in including: amount of coins staked & stake duration.
For blockchains that use the Proof of Stake (PoS) consensus mechanism, participants stake their coins into the network to validate transactions and create new blocks. Rewards (including block rewards and transaction fees) will be given to PoS participants as an incentive for their contributions.
Note: Some people often translate stake or staking as betting. However, this usage of the word is not entirely accurate. Staking is the act of locking coins/tokens into the blockchain's smart contract to receive rewards. In this action there is no betting nature to predict win or loss, right or wrong. Therefore, we should not use the above translation. For a concise and accurate presentation, Coin98 Insights will use the correct term "stake" or "staking".
Staking classification
Here I also want to clarify two concepts:
Staking in PoS consensus mechanism
That is, a certain amount of coins will be staked to ensure a certain task. In the PoS mechanism, you stake coins to ensure and prove your ability to process transactions and create blocks, and receive rewards for your efforts. This staking directly impacts the Blockchain network.
Typical examples are Blockchain Platform projects such as TomoChain, IOST, OneLedger (OLT), WAX, Tron (TRX),...
#BTC #TIA #ANDREETMV #ThaiMinhVui #Aleo
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The RSI (Relative Strength Index) is one of the important technical analysis tools used in trading to measure the strength or weakness of a stock and determine when it may be overbought or oversold. .
Here is how you can apply the RSI index in stock trading:
Determine buying and selling points:
When RSI crosses 70: This can signal that the stock is overbought and may experience a correction or bearish reversal. This could be a selling point for profit if you already hold the stock.
When RSI drops below 30: This can signal that the stock is oversold and there may be a rebound or upside reversal. This could be a buying point to enter the market or buy more shares.
Determine a stock's suitability: RSI can help you determine whether a stock is showing strength relative to the overall market. If a stock's RSI is higher than that of the broader market index, this may indicate that the stock has relative strength and could be a good candidate for buying.
Use RSI in combination with other indicators: The RSI can be combined with other technical analysis tools such as Moving Averages or MACD to confirm buy or sell signals. For example, if the RSI gives a buy signal, but the moving average is trending down, you may consider avoiding the trade.
Follow risk management: Always set stop-loss levels to protect your invested capital. Although the RSI can provide buy or sell signals, no indicator is 100% certain.
Here is how you can apply the RSI index in stock trading:
Determine buying and selling points:
When RSI crosses 70: This can signal that the stock is overbought and may experience a correction or bearish reversal. This could be a selling point for profit if you already hold the stock.
When RSI drops below 30: This can signal that the stock is oversold and there may be a rebound or upside reversal. This could be a buying point to enter the market or buy more shares.
Determine a stock's suitability: RSI can help you determine whether a stock is showing strength relative to the overall market. If a stock's RSI is higher than that of the broader market index, this may indicate that the stock has relative strength and could be a good candidate for buying.
Use RSI in combination with other indicators: The RSI can be combined with other technical analysis tools such as Moving Averages or MACD to confirm buy or sell signals. For example, if the RSI gives a buy signal, but the moving average is trending down, you may consider avoiding the trade.
Follow risk management: Always set stop-loss levels to protect your invested capital. Although the RSI can provide buy or sell signals, no indicator is 100% certain.
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My Neighbor Alice could rise to as high as $1.92 between now and 2030.
The potential ROI of purchasing My Neighbor Alice at the current price of $1.55 is +23%, the highest in My Neighbor Alice's history is $40.93.
My Neighbor Alice has fluctuated -0.31487 over the past 24 hours and +31.0603 over the past 7 days. For more information, check out My Neighbor Alice pricing now.
#Write2Earn
#ALICE
#Write2Earn
The potential ROI of purchasing My Neighbor Alice at the current price of $1.55 is +23%, the highest in My Neighbor Alice's history is $40.93.
My Neighbor Alice has fluctuated -0.31487 over the past 24 hours and +31.0603 over the past 7 days. For more information, check out My Neighbor Alice pricing now.
#Write2Earn
#ALICE
#Write2Earn
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SEBA Bank changes its name to AMINA, aiming to become a leading crypto bank
Open up digital and cryptocurrency potential for customers.
SEBA Bank changes its name to AMINA, aiming to become a leading crypto bank
On December 1, 2023, the crypto-friendly bank SEBA Bank, headquartered in Switzerland, announced officially changing its brand name to "AMINA Bank" to mark a strong transition in its business model. me.
AMINA Bank has the ambition to pioneer and lead the way for customers in the field of cryptocurrency, while also becoming a provider of digital services to traditional customers globally.
To date, they have provided digital asset custody and trading solutions (BCH, USDC, ADA staking products, DOT, XTZ and Gold-backed tokens) tailored to many different types of institutions in both private and retail banking such as: LGT Bank Liechtenstein, Bank Julius Baer and the latest is St.Galler Kantonalbank (SGKB).
It can be seen that recently, financial companies and organizations operating in the field of cryptocurrency have continuously announced name changes to change their brand identities to suit new goals. The most prominent include:
September 6, 2023: Venture capital fund Sino Global changes its brand name to "Ryze Labs" to better reflect its goals, and helps the company separate itself from its relationship with FTX
November 1, 2023: The Coin98 Finance ecosystem, including the Coin98 wallet app, rebrands to Ninety Eight. On the same day, TomoChain changed its brand identity to Viction, TOMO token changed to VIC and many new updates.
Open up digital and cryptocurrency potential for customers.
SEBA Bank changes its name to AMINA, aiming to become a leading crypto bank
On December 1, 2023, the crypto-friendly bank SEBA Bank, headquartered in Switzerland, announced officially changing its brand name to "AMINA Bank" to mark a strong transition in its business model. me.
AMINA Bank has the ambition to pioneer and lead the way for customers in the field of cryptocurrency, while also becoming a provider of digital services to traditional customers globally.
To date, they have provided digital asset custody and trading solutions (BCH, USDC, ADA staking products, DOT, XTZ and Gold-backed tokens) tailored to many different types of institutions in both private and retail banking such as: LGT Bank Liechtenstein, Bank Julius Baer and the latest is St.Galler Kantonalbank (SGKB).
It can be seen that recently, financial companies and organizations operating in the field of cryptocurrency have continuously announced name changes to change their brand identities to suit new goals. The most prominent include:
September 6, 2023: Venture capital fund Sino Global changes its brand name to "Ryze Labs" to better reflect its goals, and helps the company separate itself from its relationship with FTX
November 1, 2023: The Coin98 Finance ecosystem, including the Coin98 wallet app, rebrands to Ninety Eight. On the same day, TomoChain changed its brand identity to Viction, TOMO token changed to VIC and many new updates.
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Billionaire MicroStrategy bought another 593 million USD in Bitcoin - BTC immediately adjusted
With the new Bitcoin (BTC) added to its portfolio, MicroStrategy now owns 174,530 BTC at an average price of $30,252.
According to a notice posted on the evening of November 30, 2023, billionaire Michael Saylor's MicroStrategy company made a Bitcoin purchase worth up to half a billion dollars.
Specifically, MicroStrategy spent $593.3 million to buy an additional 16,130 BTC at an average price of $36,785.
Thus, MicroStrategy has increased the total amount of Bitcoin held to 174,530 BTC with an average purchase price of about 30,252 USD/BTC, equivalent to a cost of 5.28 billion USD.
With the latest Bitcoin purchase, the value of the company's investment portfolio has surged to $5.99 billion - bringing MicroStrategy a profit of more than $1.2 billion, which means a profit of 26.5%. .
Looking back at history, when the cryptocurrency market bottomed in December 2022, MicroStrategy lost up to 45% of its Bitcoin investment. However, the company remains steadfast in not selling, and even continues to buy more in 2023 in March (150 million USD), April (29.3 million USD), June (347 million USD), July ($14.4 million), September ($147 million) and November ($5.3 million).
In contrast to Bitcoin's positive reaction in the most recent purchase, BTC price showed negativity when it decreased slightly from 37,966 USD to 37,500 USD, equivalent to an adjustment of about 1% of its value.
#Shark #btc #andree #thaiminhvui #Aleo
With the new Bitcoin (BTC) added to its portfolio, MicroStrategy now owns 174,530 BTC at an average price of $30,252.
According to a notice posted on the evening of November 30, 2023, billionaire Michael Saylor's MicroStrategy company made a Bitcoin purchase worth up to half a billion dollars.
Specifically, MicroStrategy spent $593.3 million to buy an additional 16,130 BTC at an average price of $36,785.
Thus, MicroStrategy has increased the total amount of Bitcoin held to 174,530 BTC with an average purchase price of about 30,252 USD/BTC, equivalent to a cost of 5.28 billion USD.
With the latest Bitcoin purchase, the value of the company's investment portfolio has surged to $5.99 billion - bringing MicroStrategy a profit of more than $1.2 billion, which means a profit of 26.5%. .
Looking back at history, when the cryptocurrency market bottomed in December 2022, MicroStrategy lost up to 45% of its Bitcoin investment. However, the company remains steadfast in not selling, and even continues to buy more in 2023 in March (150 million USD), April (29.3 million USD), June (347 million USD), July ($14.4 million), September ($147 million) and November ($5.3 million).
In contrast to Bitcoin's positive reaction in the most recent purchase, BTC price showed negativity when it decreased slightly from 37,966 USD to 37,500 USD, equivalent to an adjustment of about 1% of its value.
#Shark #btc #andree #thaiminhvui #Aleo
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FTX continues to push 22 million USD in assets to the floor
FTX and Alameda Research continue to transfer significant amounts of crypto to the exchange, serving the court-approved asset liquidation plan.
According to "intelligence" from Lookonchain, wallets owned by FTX and Alameda Research actively pushed money to CEX exchanges on the morning of December 2. This time the number is up to 22 million USD, in the form of IMX, GMT, ETH, UNI, SHIB, BAL, LOOKS and WOO tokens.
Since October 2023, the company has made many notable transactions, with a cumulative value of up to 551 million USD through 59 different tokens. FTX has pledged to refund 90% of the value requested by FTX users.
The most recent time was on December 1, FTX transferred 10.8 million USD in crypto value to Binance, Coinbase and Wintermute, spread across 8 tokens: 2.58 million USD StepN (GMT), 2.41 million USD Uniswap (UNI), 2.25 million USD Synapse (SYN), 1.64 million USD Klaytn (KLAY), 1.18 million USD Fantom (FTM), 644,000 Shiba Inu (SHIB), a small amount of Arbitrum (ARB) and Optimism (OP).
Recently, the court also approved FTX to sell 873 million USD in treasury shares of Grayscale and Bitwise. In addition, to earn more money to repay debt, the exchange has put more than 160 million USD worth of SOL ETH and MATIC into staking. The exchange is also considering 3 proposals to resell the floor, including the option of abandoning the entire trading platform and looking for partners to restart the floor.
Even after recovering 5 billion USD in assets, FTX is still burdened with liabilities of up to 8.8 billion USD. Meanwhile, the "old hero" was found guilty of all charges and will appear in court to receive his sentence in March next year, facing a life sentence.
#FTX
#andree
#thaiminhvui
#btc
#hot
FTX and Alameda Research continue to transfer significant amounts of crypto to the exchange, serving the court-approved asset liquidation plan.
According to "intelligence" from Lookonchain, wallets owned by FTX and Alameda Research actively pushed money to CEX exchanges on the morning of December 2. This time the number is up to 22 million USD, in the form of IMX, GMT, ETH, UNI, SHIB, BAL, LOOKS and WOO tokens.
Since October 2023, the company has made many notable transactions, with a cumulative value of up to 551 million USD through 59 different tokens. FTX has pledged to refund 90% of the value requested by FTX users.
The most recent time was on December 1, FTX transferred 10.8 million USD in crypto value to Binance, Coinbase and Wintermute, spread across 8 tokens: 2.58 million USD StepN (GMT), 2.41 million USD Uniswap (UNI), 2.25 million USD Synapse (SYN), 1.64 million USD Klaytn (KLAY), 1.18 million USD Fantom (FTM), 644,000 Shiba Inu (SHIB), a small amount of Arbitrum (ARB) and Optimism (OP).
Recently, the court also approved FTX to sell 873 million USD in treasury shares of Grayscale and Bitwise. In addition, to earn more money to repay debt, the exchange has put more than 160 million USD worth of SOL ETH and MATIC into staking. The exchange is also considering 3 proposals to resell the floor, including the option of abandoning the entire trading platform and looking for partners to restart the floor.
Even after recovering 5 billion USD in assets, FTX is still burdened with liabilities of up to 8.8 billion USD. Meanwhile, the "old hero" was found guilty of all charges and will appear in court to receive his sentence in March next year, facing a life sentence.
#FTX
#andree
#thaiminhvui
#btc
#hot
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Weight includes coin age and number of coins. Here you can understand it as the weight of a coin.
The higher this Weight value (the larger the amount of coins and the longer the coin participates in staking), the greater the possibility of gaining the right to process transactions and create blocks. Therefore, it directly affects the reward that you will receive in the future.
How to optimize profits when Staking?
Based on the parameters that directly affect Staking mentioned above, you can partly know how to adjust these indicators to get the most rewards and highest profits. In this section, I will mention how to participate in Staking to get the most profit.
Determine the appropriate method
First, classify according to demand and amount of coins held:
For those with a small amount of coins (not enough to make a Node or Masternode):
The best option is to participate in voting, or Staking on existing Nodes to receive rewards from those Nodes. This form includes Staking right on the wallet, or on some supporting exchanges.
For those who have a small amount of coins and intend to hold them for a long time, Staking will help them earn an additional amount of coins during that period of time.
For those who hoard large amounts of coins:
They can also apply the above method if they want to be flexible in the coin locking process. Or you can nominate to be Nodes or Masternodes that directly participate in transaction processing and block creation.
This method will help stakers receive more rewards. But of course there will also be higher requirements for hardware installation and connection.
#andree #btc #aleo #thaiminhvui #LTC
The higher this Weight value (the larger the amount of coins and the longer the coin participates in staking), the greater the possibility of gaining the right to process transactions and create blocks. Therefore, it directly affects the reward that you will receive in the future.
How to optimize profits when Staking?
Based on the parameters that directly affect Staking mentioned above, you can partly know how to adjust these indicators to get the most rewards and highest profits. In this section, I will mention how to participate in Staking to get the most profit.
Determine the appropriate method
First, classify according to demand and amount of coins held:
For those with a small amount of coins (not enough to make a Node or Masternode):
The best option is to participate in voting, or Staking on existing Nodes to receive rewards from those Nodes. This form includes Staking right on the wallet, or on some supporting exchanges.
For those who have a small amount of coins and intend to hold them for a long time, Staking will help them earn an additional amount of coins during that period of time.
For those who hoard large amounts of coins:
They can also apply the above method if they want to be flexible in the coin locking process. Or you can nominate to be Nodes or Masternodes that directly participate in transaction processing and block creation.
This method will help stakers receive more rewards. But of course there will also be higher requirements for hardware installation and connection.
#andree #btc #aleo #thaiminhvui #LTC
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Impact of Staking on coin price
User Staking for projects using the PoS consensus mechanism is decisive for the entire Blockchain network. That is obvious.
But for projects that apply the PoS mechanism, when they start allowing Staking, how does it impact the price of that coin?
Some impacts on supply and circulation that you can see immediately: The amount of coins brought to stake will be locked during that period of time. This means that these coins cannot be circulated or bought or sold on exchanges. Therefore, it causes the amount of coins circulating in the market to decrease.
Basically, when the supply in the market decreases, meaning its scarcity increases, it will cause the price to increase. This is the basic law of supply and demand.
Let's take a specific example as follows with TOMO coin:
On December 10, 2018, TomoChain announced the program for candidates to run Masternode.
On December 14, 2018, TomoChain officially launched Mainnet and allowed Masternodes to stake TOMO coin. At the same time, let other users vote for these Masternodes.
On August 8, 2019, there are 39,851,005 TOMO (64.5% of total market circulation) being staked to participate in the PoSV consensus mechanism. TOMO price increased by 300% in the time since staking began.
Because Staking has the ability to increase coin prices, many projects default to applying this mechanism to "pander" to the community. Gradually, coin prices no longer increase, so people just consider this a form of savings if they want to keep coins long term.
#andree #btc #thaiminhvui #Aleo
User Staking for projects using the PoS consensus mechanism is decisive for the entire Blockchain network. That is obvious.
But for projects that apply the PoS mechanism, when they start allowing Staking, how does it impact the price of that coin?
Some impacts on supply and circulation that you can see immediately: The amount of coins brought to stake will be locked during that period of time. This means that these coins cannot be circulated or bought or sold on exchanges. Therefore, it causes the amount of coins circulating in the market to decrease.
Basically, when the supply in the market decreases, meaning its scarcity increases, it will cause the price to increase. This is the basic law of supply and demand.
Let's take a specific example as follows with TOMO coin:
On December 10, 2018, TomoChain announced the program for candidates to run Masternode.
On December 14, 2018, TomoChain officially launched Mainnet and allowed Masternodes to stake TOMO coin. At the same time, let other users vote for these Masternodes.
On August 8, 2019, there are 39,851,005 TOMO (64.5% of total market circulation) being staked to participate in the PoSV consensus mechanism. TOMO price increased by 300% in the time since staking began.
Because Staking has the ability to increase coin prices, many projects default to applying this mechanism to "pander" to the community. Gradually, coin prices no longer increase, so people just consider this a form of savings if they want to keep coins long term.
#andree #btc #thaiminhvui #Aleo
See original
Impact of Staking on coin price
User Staking for projects using the PoS consensus mechanism is decisive for the entire Blockchain network. That is obvious.
But for projects that apply the PoS mechanism, when they start allowing Staking, how does it impact the price of that coin?
Some impacts on supply and circulation that you can see immediately: The amount of coins brought to stake will be locked during that period of time. This means that these coins cannot be circulated or bought or sold on exchanges. Therefore, it causes the amount of coins circulating in the market to decrease.
Basically, when the supply in the market decreases, meaning its scarcity increases, it will cause the price to increase. This is the basic law of supply and demand.
Let's take a specific example as follows with TOMO coin:
On December 10, 2018, TomoChain announced the program for candidates to run Masternode.
On December 14, 2018, TomoChain officially launched Mainnet and allowed Masternodes to stake TOMO coin. At the same time, let other users vote for these Masternodes.
On August 8, 2019, there are 39,851,005 TOMO (64.5% of total market circulation) being staked to participate in the PoSV consensus mechanism. TOMO price increased by 300% in the time since staking began.
Because Staking has the ability to increase coin prices, many projects default to applying this mechanism to "pander" to the community. Gradually, coin prices no longer increase, so people just consider this a form of savings if they want to keep coins long term.
#BTC #Andree #thaiminhvui #Aleo #Trader
User Staking for projects using the PoS consensus mechanism is decisive for the entire Blockchain network. That is obvious.
But for projects that apply the PoS mechanism, when they start allowing Staking, how does it impact the price of that coin?
Some impacts on supply and circulation that you can see immediately: The amount of coins brought to stake will be locked during that period of time. This means that these coins cannot be circulated or bought or sold on exchanges. Therefore, it causes the amount of coins circulating in the market to decrease.
Basically, when the supply in the market decreases, meaning its scarcity increases, it will cause the price to increase. This is the basic law of supply and demand.
Let's take a specific example as follows with TOMO coin:
On December 10, 2018, TomoChain announced the program for candidates to run Masternode.
On December 14, 2018, TomoChain officially launched Mainnet and allowed Masternodes to stake TOMO coin. At the same time, let other users vote for these Masternodes.
On August 8, 2019, there are 39,851,005 TOMO (64.5% of total market circulation) being staked to participate in the PoSV consensus mechanism. TOMO price increased by 300% in the time since staking began.
Because Staking has the ability to increase coin prices, many projects default to applying this mechanism to "pander" to the community. Gradually, coin prices no longer increase, so people just consider this a form of savings if they want to keep coins long term.
#BTC #Andree #thaiminhvui #Aleo #Trader
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#MyFirstFeedPost
CZ's abdication is bad news for the short term but good news for the long term. If giant American corporations want to officially pour money into crypto, it must be led by a 100% Made In USA exchange and must be approved. Operated by Americans, the move to pave the way for Wall Street to step in has been clearly shown in this Binance card game. The US is still the world's No. 1 economic power, the Fed is still the world's No. 1 powerful bookmaker. , so no one can go against that trend
Bitcoin Spot ETF will not be too far away, perhaps in the near future we will witness a turning point in the history of the world financial market....
#BTC
#BNB
#ThaiMinhVui
#Andree-El Nino
CZ's abdication is bad news for the short term but good news for the long term. If giant American corporations want to officially pour money into crypto, it must be led by a 100% Made In USA exchange and must be approved. Operated by Americans, the move to pave the way for Wall Street to step in has been clearly shown in this Binance card game. The US is still the world's No. 1 economic power, the Fed is still the world's No. 1 powerful bookmaker. , so no one can go against that trend
Bitcoin Spot ETF will not be too far away, perhaps in the near future we will witness a turning point in the history of the world financial market....
#BTC
#BNB
#ThaiMinhVui
#Andree-El Nino