Blockchain technology has gained a lot of attention in recent years due to its association with cryptocurrencies. However, blockchain technology has much broader applications beyond cryptocurrencies, including supply chain management, voting systems, and digital identity verification.

In this topic, we will explain the basics of blockchain technology, how it works, and its potential applications beyond cryptocurrencies.

Chapter 1: What is Blockchain?

Definition of Blockchain

How does Blockchain work?

Types of Blockchains

Chapter 2: Cryptocurrencies and Blockchain:

Role of Blockchain in Cryptocurrencies

Popular Cryptocurrencies using Blockchain

Advantages and Disadvantages of Cryptocurrencies

Chapter 3: Applications of Blockchain:

Supply Chain Management

Digital Identity Verification

Voting Systems

Real Estate Transactions

Healthcare Systems

Chapter 4: Potential Benefits of Blockchain:

Transparency and Accountability

Efficiency and Cost Savings

Decentralization and Security

Chapter 5: Potential Challenges of Blockchain:

Scalability

Interoperability

Regulatory and Legal Challenges

Conclusion: Blockchain technology has the potential to revolutionize various industries by providing secure, transparent, and decentralized systems. While there are still challenges to be addressed, the potential benefits of blockchain technology are vast, and it will be interesting to see how it continues to develop and shape the future of various industries.

#OriginalContent #blockchain #Web3

Despite the long weekend, #bitcoin (BTC) has remained relatively stagnant, with its price hovering around $28,350 and trading within a narrow range. This marks the third consecutive week that Bitcoin has formed a Doji candlestick pattern, indicating uncertainty regarding the next directional move for both the bulls and the bears.

Bitcoin is not alone in its stagnant state, as the S&P 500 Index has also been trading within a range for the past nine months, prompting Jurrien Timmer, director of global macro at asset manager Fidelity Investments, to tweet that a breakout is likely on the horizon.

Several #altcoins are seeing profit-booking as Bitcoin struggles to break above the $30,000 level. However, some have experienced only minor pullbacks, suggesting traders are optimistic for upward momentum.

To identify which altcoins may be poised for an uptrend, let's examine their charts and the key resistance levels that indicate bullishness. What are the price points at which these five #Cryptocurrencies may turn #Bullish if Bitcoin breaks out to the upside?

Bitcoin (BTC) Price Analysis

For the past two days, Bitcoin has traded within a tight range, reflecting uncertainty among both bullish and bearish traders. This typically precedes an increase in volatility.

BTC/USDT Daily Chart, Source: TradingView

The 20-day exponential moving average is leveling off at $27,500, while the relative strength index has slowly trended towards the center, suggesting balance between supply and demand.

If the price drops below the 20-day EMA, it could trigger several short-term stop losses, causing the BTC/USDT pair to fall to $25,250.

However, if the price rebounds from the 20-day EMA with strength, it would indicate positive sentiment and traders buying dips. A rally above $29,200 may lead to a rally up to $30,000 and eventually $32,500.

BTC/USDT 4-Hour Chart, Source: TradingView

On the 4-hour chart, the 20-EMA is also leveling off, and the RSI hovers below the midpoint. This offers no clear advantage for either bulls or bears, and uncertainty is unlikely to last long before a directional move begins. However, it's challenging to predict which direction the breakout will occur.

As such, it's better to wait for the breakout to happen before making directional bets. The key levels to watch are $29,200 on the upside and $26,500 on the downside, as breaking either of these levels may start a short-term trending move.

Cardano (ADA) Price Analysis

Cardano (ADA) has managed to hold above the 20-day EMA ($0.37), indicating strong demand at lower levels.

ADA/USDT Daily Chart, Source: TradingView

The RSI in the positive zone and the upward-sloping 20-day EMA both suggest that ADA/USDT is likely to continue moving upwards. The pair may first test the neckline of the inverse head and shoulders (H&S) pattern, and if it breaks above this level, it could rally towards the pattern target of $0.60.

To prevent the upward momentum, bears will need to push the price below the 20-day EMA. If this happens, the pair may drop towards the 200-day simple moving average ($0.35) and then to $0.30.

ADA/USDT 4-Hour Chart, Source: TradingView

On the 4-hour chart, ADA/USDT has broken above the 20-EMA and could test the downtrend line. If it breaks through this resistance, it may indicate that the pullback is over and the pair could move towards the neckline. However, if the price is rejected at the downtrend line, it could signal bearish activity at higher levels, potentially leading to a drop below $0.37 towards the 200-SMA.

Stellar (XLM) Price Analysis

Stellar (XLM) has dropped from the overhead resistance of $0.12 and is now approaching the 20-day EMA ($0.10). The bulls are expected to buy the dips to the 20-day EMA.

XLM/USDT Daily Chart, Source: TradingView

If the price bounces back from the 20-day EMA, the bulls will try again to clear the overhead resistance. If successful, the XLM/USDT pair could complete a bullish rounding bottom pattern, indicating a new up-move. The pair may rally to $0.15 and then to the pattern target of $0.17.

However, if the price turns down and falls below the 20-day EMA, it will indicate weakening of the bullish trend. The pair may drop to the 200-day SMA ($0.09). This level is crucial for the bulls because if it fails to hold, the pair could drop to $0.07.

XLM/USDT 4-Hour Chart, Source: TradingView

On the 4-hour chart, the pair is correcting within a falling wedge pattern. The price has bounced off the support line, and the bulls will aim to push the pair above the wedge. If they succeed, the pair may rally to $0.11 and then to $0.12.

On the other hand, if the price falls below the support line, it will indicate increased selling pressure. The price has a small support at $0.10, but if it fails, the decline may extend to the 200-SMA.

Aave (AAVE) Price Analysis

Aave (AAVE) has faced strong resistance at $82 and has fallen below the immediate support level of the 20-day EMA ($75). This indicates bearish pressure on the asset.

AAVE/USDT Daily Chart, Source: TradingView

The AAVE/USDT pair may slide towards the 200-day SMA ($73), which is also close to the uptrend line. Buyers are expected to defend this level vigorously. If the price bounces off the uptrend line and breaks above the 20-day EMA, the pair could rise towards $82.

If the bulls manage to overcome this resistance level, the pair will complete an ascending triangle pattern with a target objective of $100. However, if the price falls below the uptrend line, the bullish view will be invalidated, and the pair may slide towards $68 and later $64.

AAVE/USDT 4-Hour Chart, Source: TradingView

On the 4-hour chart, the price has fallen to the 200-SMA, and the 20-EMA has started to turn down. The RSI is also in negative territory, indicating that bears have the upper hand.

If the 200-SMA breaks, the pair may decline towards the uptrend line, which is a critical level for the bulls to defend. A break below this level would further strengthen the bears. Conversely, a break above the 20-EMA would indicate a potential bullish comeback, with the pair rising towards the resistance level of $82.

CFX (Conflux) Price Analysis

For the past few days, Conflux (CFX) has been in a corrective phase, but there is a small positive that the bulls are attempting to defend the 20-day EMA ($0.36).

CFX/USDT Daily Chart, Source: TradingView

Should the price rebound from its current level, the CFX/USDT pair could aim for the downtrend line. This level is crucial for the bears to protect as a breakout may pave the way for a rally towards $0.44 and subsequently $0.49.

Alternatively, if the price plunges and remains below the 20-day EMA, it could suggest that the bulls are exiting, leading to further selling. This could push the price towards the next support at $0.30, where buyers are likely to emerge.

CFX/USDT 4-Hour Chart, Source: TradingView

On the 4-hour chart, the bears seem to be keeping the price below the 20-EMA, which may result in the pair dropping towards the 200-SMA, an essential support level.

If the price bounces off this support, the bulls may try to push the price towards the downtrend line. A break above it may indicate that the bulls are gaining momentum.

However, if the price breaks and closes below the $0.30 support, it may prompt more selling, pushing the price down to $0.25.

#OriginalContent

This news is republished from https://coinaquarium.io/

Friends, I think everyone has already noticed that Elon Musk decided to once again disturb the crypto market, namely Dogecoin.

The main logo of Dogecoin was displayed on the main page of Twitter together with a bird sign, which caused a strong public reaction, a huge number of crypto influencers noticed it and wrote in their posts.

After this action, the price of this meme token increased by 30%, which was used by the smartest traders.

Some managed to buy Dohi Coin at $ 0.081 and sell it at $ 0.1$

I also managed to earn a little money on this speculation, write in comments what you think about this situation!

#OriginalContent #originalcontent #DOGE #twitter #crypto2023

How much we each value money is an interesting concept. It may seem that some people value it less than others. Others are willing to work harder for it too. While these concepts are pretty abstract, when it comes to valuing money over time, there is, in fact, a well-established framework. If you're wondering whether to wait for a larger end-of-year raise or get a smaller one now, the time value of money is a great principle to learn.

Introducing 

The time value of money (TVM) is an economic/financial concept that states it's preferable to receive a sum of money now than an equal amount in the future. Within this decision is the idea of opportunity cost. By choosing to receive the money later, you miss the opportunity to invest it in the meantime or use the money for some other valuable activity.

Let's look at an example. You loaned your friend $1,000 a while back, and they've now got in touch to return it. They offer to give you the $1,000 today if you pick it up, but tomorrow they're going on a round-the-world trip for one year. However, they would give you the $1,000 once they're back in 12 months.

If you're feeling particularly lazy, you may wait 12 months. But the TVM means you'd be better off picking it up today. Within those 12 months, you could put it in a high-interest savings account. You could even wisely invest it and make some profit. Inflation would also mean that your money is worth less 12 months into the future, so you're actually being paid less in real terms.

An interesting question to consider is what would your friend have to pay you in 12 months to make it worth the wait? For one thing, your friend would at least need to offset the potential earnings you could make in the 12 months waiting period.

What Is Present Value and Future Value?

We can summarize this whole conversation neatly in a succinct formula known as the TVM Formula. But before we jump into that, we need to get some other calculations out of the way first: the present value of money and the future value of money. 

The present value of money lets you know the current value of a future sum of cash, discounted at the market rate. Looking at our example, you might want to know what the $1,000 from your friend in one year is actually worth today.

The future value is the opposite. It looks at a sum of money today and calculates what its worth will be in the future at a given market rate. So, the future value of $1,000 in a year would include a year's worth of interest.

Inflation effect

As of yet, we've not factored inflation into our calculations. What good is a 2% per annum interest rate when inflation is running at 3%? In periods of high inflation, you may be better off plugging in the inflation rate rather than the market interest rate. Wage negotiations are one place where this is commonly done.

However, inflation is a much trickier thing to measure. For one, there are different indexes to choose from that calculate the increase in the price of goods and services. They commonly provide different figures. Inflation is also fairly hard to predict, unlike market interest rates. 

In short, there isn't much we can do about inflation. We can build into our model a discounting aspect for inflation, but as mentioned, inflation can be wildly unpredictable when it comes to the future.

the dollar has devalued against gold by more than 95% over time.

How Does the Time Value of Money Apply to Crypto

There are multiple opportunities in crypto where you can choose between a sum of crypto now and a different sum in the future. Locked staking is one example. You may have to make a choice between keeping your one ether (ETH) now or locking and getting it back in six months with an interest rate of 2%. You may, in fact, find another staking opportunity that offers a better return. Some simple TVM calculations can help you find the best product.

More abstractly, you might be wondering when you should buy bitcoin (BTC). Although BTC is commonly called a deflationary currency, its supply actually increases slowly until a certain point. This, by definition, means it currently has an inflationary supply. Should you then purchase $50 of BTC today or wait for your next paycheck and buy $50 next month? TVM would recommend the former, but the actual situation is more complex due to the fluctuating price of BTC.

Interest rates, yield, and inflation are common in our daily economic lives. The formalized versions we worked on today come in great use to large companies, investors, and lenders. For them, even a fraction of a percent can make a huge difference to their profits and bottom line. For us, as crypto investors, it's still a concept worth keeping in mind when deciding on how and where to invest your money for the best returns.

#originalcontent #OriginalContent #Binance #crypto2023 #APfinanciero

In recent years, cryptocurrency has gained significant popularity among investors, businesses, and individuals worldwide. The benefits of cryptocurrency go beyond the mere possession of digital coins or tokens. In this article, we will discuss some of the most prominent benefits of cryptocurrency.

Decentralization and Security:

One of the key benefits of cryptocurrency is its decentralized nature. Traditional banking systems are centralized, meaning that they are controlled by a central authority, such as a government or a financial institution. Cryptocurrency, on the other hand, is decentralized, meaning that it is not controlled by any central authority.

This decentralization provides security benefits, as it makes it more difficult for hackers to steal digital currency. Cryptocurrencies are stored on a decentralized ledger called a blockchain, which is maintained by a network of users rather than a central authority. This makes it difficult for anyone to hack the system or make unauthorized changes to the ledger.

Transparency:

Another significant benefit of cryptocurrency is transparency. All transactions on the blockchain are recorded and publicly visible, making it easy to track the movement of funds. This transparency helps prevent fraud and corruption, as it is easier to identify any suspicious transactions.

Additionally, the transparency of the blockchain makes it easier to verify the authenticity of digital assets. This is particularly useful for industries such as art and music, where verifying the authenticity of an asset can be challenging.

Fast and Low-Cost Transactions:

Cryptocurrency transactions are typically faster and cheaper than traditional financial transactions. This is because there are no intermediaries involved in cryptocurrency transactions. Transactions are processed directly between the sender and the receiver, which eliminates the need for banks and other financial institutions.

Additionally, cryptocurrency transactions are typically much cheaper than traditional financial transactions. Traditional financial transactions often involve high fees, particularly for international transactions. Cryptocurrency transactions, on the other hand, typically involve low or no fees.

Access to Financial Services:

Cryptocurrency can provide access to financial services for people who do not have access to traditional banking systems. This is particularly true in developing countries, where many people do not have access to traditional banking systems.

Cryptocurrency can provide a way for people to participate in the global economy without needing to go through traditional financial institutions. This can provide greater financial independence and freedom for people who may otherwise be excluded from the global economy.

Investment Opportunities:

Finally, cryptocurrency provides investment opportunities for investors. The value of cryptocurrencies such as Bitcoin and Ethereum has increased significantly in recent years, providing investors with the opportunity to make substantial returns on their investments.

Additionally, cryptocurrency provides diversification opportunities for investors. Cryptocurrency is a non-correlated asset, meaning that it does not move in tandem with traditional asset classes such as stocks and bonds. This can provide investors with a way to diversify their portfolios and reduce their overall risk.

In conclusion, cryptocurrency provides many benefits, including decentralization and security, transparency, fast and low-cost transactions, access to financial services, and investment opportunities. As the use of cryptocurrency continues to grow, it is likely that we will see even more benefits emerge in the coming years.

#OriginalContent

🟢The live price of XRP is $ 0.5043922 per (XRP / USD) today with a current market cap of $ 26.07B USD.

🟢24-hour trading volume is $ 1.12B USD.

🟢XRP is +0.12% in the last 24 hours.

🟢It has a circulating supply of 51.69B USD.

🟢XRP is an old-fashioned currency, and its price has always been very stable. Some time ago, the price of XRP rose very much, and the project still has good liquidity.

🟢At present, XRP is in a sideways stage these days, and their price trend has been affected by BTC. However, according to the feedback from the community, XRP still has a good upside. We just need time to wait!

🐬Of course, the price of the market has fluctuated greatly recently, and I hope that everyone will read more data when trading!

#crypto2023 #Binance #OriginalContent #Web3 #XRP

ChatGPT use cases in the crypto space.

As discussed above, the biggest advantage of ChatGPT is its ease of use and its ability to provide human-like responses to a wide variety of topics and questions. In the crypto space, the biggest benefit is that it can be used to answer questions about how to use cryptocurrencies and the technology behind it.

Newcomers to the space are often put off by what are certainly some pretty complicated concepts.

Think of beginners trying to learn about "proof of work," "Bitcoin mining," or hashing, for example.

Of course, the Internet covers as much material as possible in an effort to help people learn about cryptos. But, ChatGPT has the advantage of being able to help clarify concepts in an interactive and conversational manner.

Users can also continue to ask it questions until they feel they have fully understood any topic that interests them and is related to cryptocurrencies. The AI chatbot can also be useful for smart contract developers.

Isaac Py, developer of ChatGPT, says: "Combining smart contracts with AI can enable more complex and dynamic contractual interactions. For example, smart contracts + AI can be used to automatically apply payment terms or release funds based on the fulfillment of certain conditions."

The developer added that an AI system could evaluate the potential risks and benefits of a contract; as well as suggest changes to optimize it.

In addition, "Smart contracts and artificial intelligence can also enable the creation of self-executing contracts that do not require human intervention." In other words, ChatGPT could contribute to the development of a Decentralized Autonomous Organization (DAO), an organizational structure in which control is not in the hands of a single person or company.

DAOs use smart contracts on a blockchain and participants use governance tokens to vote on proposed actions. These decentralized organizations can operate without the need for centralized power or strategic planning, allowing them to make decisions and execute activities based on their smart contracts.

In this sense, ChatGPT can help establish transparency and trust within the organization by creating and managing smart contracts, as the fixed rules of these contracts control all actions performed by the DAO.

If you want to experience AI, Binance has just launched #Bicasso, where thanks to Artificial Intelligence you can create images, and this will help you get a taste of the amazing world that is coming and the countless opportunities it brings.

#OriginalContent #Binance #APfinanciero #chatgpt #AI

Blockchain-related use cases.

Dmitry Mishunin (CEO of smart contract review company, HashEx) believes ChatGPT will affect the security of smart contracts.

He said, "AI algorithms can become so entrenched in a niche that they simply won't allow smart contracts that haven't passed implementation verification."

He believes this will significantly reduce the number of attacks, which will have a positive effect on the entire industry.

Monica Oravcova (co-founder of cybersecurity firm, Naoris Protocol) said #AI would highlight vulnerabilities that need to be addressed in smart contracts. "AI is not a human being. It will lack the basic biases, insights and subtleties that only humans see. It is a tool that will ameliorate vulnerabilities that humans code incorrectly," he said.

ChatGPT is very versatile and more advanced users leverage its capabilities as an aid in coding trading bots and trading terminals and even with smart contracts. As the technology develops, it will become easier and easier to use and more people will be able to take advantage of it to learn about cryptos, and perhaps actively participate in building the space.

For industry in general it is useful in customer service automation processes. ChatGPT can make it easier for individuals and businesses to start using cryptocurrencies and blockchain technology, further increasing the adoption rate.

However, this technology is still at an early stage of development.

#OriginalContent #Binance #APfinanciero #chatgpt

Cryptocurrency trading has become increasingly popular, and one of the most popular exchanges for crypto trading is Binance. Binance offers a wide range of cryptocurrencies to trade and provides various trading tools and features. To be successful in crypto trading on Binance, it's essential to have a well-defined trading strategy. In this article, we will explore some effective crypto trading strategies on Binance.



Trend Trading Strategy: One of the most common crypto trading strategies is trend trading. This strategy involves identifying the direction of the trend, whether it's an uptrend or a downtrend, and making trades based on that trend. Traders can use technical analysis tools such as moving averages, trendlines, and indicators like the Relative Strength Index (RSI) to identify trends.

For example, if a trader identifies an uptrend using technical analysis tools, they may look for buying opportunities when the price retraces to a certain support level or moving average. On the other hand, if a trader identifies a downtrend, they may look for selling opportunities when the price rallies to a certain resistance level or moving average. It's important to use stop-loss orders to manage risk and protect against unexpected price movements.

Breakout Trading Strategy: Another popular crypto trading strategy is breakout trading. This strategy involves identifying when a cryptocurrency's price breaks above a resistance level or below a support level, and making trades based on that breakout. Traders can use technical analysis tools such as chart patterns, trendlines, and volume indicators to identify potential breakouts.

For example, if a cryptocurrency has been trading in a range for a period of time and suddenly breaks above a resistance level with high volume, a trader may take a long position expecting the price to continue rising. Conversely, if a cryptocurrency breaks below a support level with high volume, a trader may take a short position expecting the price to continue falling. It's important to set stop-loss orders to manage risk and avoid potential losses if the breakout fails.

Scalping Strategy: Scalping is a short-term trading strategy that involves making multiple small trades throughout the day to take advantage of small price movements. Traders using this strategy often have a high level of technical analysis skills and use tools such as level 2 data, order book, and short-term indicators to make quick trading decisions.

For example, a scalper may look for cryptocurrencies that have high liquidity and low trading spreads, and enter and exit positions quickly to capture small price movements. Scalping requires strict risk management, as losses can accumulate quickly with frequent trading. Traders using this strategy should also be aware of trading fees and consider them in their trading plan.

Dollar-Cost Averaging (DCA) Strategy: Dollar-cost averaging (DCA) is a long-term investment strategy that can also be applied to crypto trading. With DCA, traders invest a fixed amount of money at regular intervals, regardless of the cryptocurrency's price. This strategy allows traders to average out their entry price over time and reduce the impact of short-term price fluctuations.

For example, a trader may decide to invest $100 in Bitcoin every week, regardless of whether the price goes up or down. Over time, the trader would accumulate Bitcoin at different prices, reducing the impact of market volatility. DCA can be a less risky strategy compared to other trading strategies, but it requires a long-term investment mindset and patience.

In conclusion, crypto trading on Binance can be profitable with a well-defined trading strategy. Whether you choose trend trading, breakout trading, scalping, or DCA, it's important to develop a trading plan, set risk management rules, and stay disciplined in your trading approach. Remember that cryptocurrency markets are highly volatile, and it's crucial to understand the risks involved and trade responsibly. Always do your research and stay up-to-date with the latest market news and developments. Additionally, Binance provides various educational resources, including tutorials, webinars, and market analysis, which can be helpful for traders to enhance their knowledge and skills.

It's also important to note that crypto trading involves risks, and it's possible to incur losses. Therefore, it's essential to use stop-loss orders, set realistic profit targets, and never invest more than you can afford to lose. Emotional discipline is crucial in trading, as impulsive decisions based on fear or greed can lead to poor trading outcomes.

Furthermore, it's advisable to diversify your portfolio and not rely solely on one trading strategy. Cryptocurrency markets can be unpredictable, and diversification can help mitigate risks. Having a well-balanced portfolio with a mix of different cryptocurrencies and trading strategies can provide a more stable and sustainable approach to crypto trading.

Lastly, it's important to comply with the regulations and laws of your jurisdiction when engaging in crypto trading. Different countries have different regulations regarding cryptocurrency trading, and it's crucial to be aware of and follow these regulations to avoid any legal issues.

In conclusion, crypto trading on Binance can be profitable with the right trading strategies, risk management, and discipline. Whether you choose trend trading, breakout trading, scalping, or DCA, it's crucial to have a well-defined trading plan, stay informed, and trade responsibly. Remember that crypto trading involves risks, and it's important to understand these risks and make informed decisions. By applying sound trading principles and continuously educating yourself, you can increase your chances of success in crypto trading on Binance or any other exchange. Happy trading!

#Binance

#crypto2023

#trading

#OriginalContent

#varhegyigergo

According tо Blооmbеrg, El Sаlvаdоr’ѕ gоvеrnmеnt has еnlіѕtеd thе help оf Alejandro Wеrnеr, a fоrmеr official оf the Intеrnаtіоnаl Monetary Fund (IMF), аѕ an аdvіѕеr in іtѕ еffоrtѕ to ѕесurе a dеаl wіth thе multіlаtеrаl lеndеr. Wеrnеr, who rеtіrеd in 2021 аѕ hеаd of thе Western Hеmіѕрhеrе Department аt thе IMF, hаѕ bееn wоrkіng wіth the Cеntrаl American nаtіоn’ѕ gоvеrnmеnt thіѕ year, ассоrdіng to ѕоurсеѕ familiar wіth thе mаttеr. Hоwеvеr, the government оf President Nауіb Bukele hаѕ fасеd dіffісultіеѕ іn ѕесurіng an еxtеndеd fund facility agreement wіth the IMF. The lender has rереаtеdlу wаrnеd аgаіnѕt the rіѕkѕ оf using Bіtсоіn аѕ lеgаl tender, роѕіng a сhаllеngе to El Salvador’s еffоrtѕ tо drіvе fіnаnсіаl іnсluѕіоn and innovation thrоugh thе аdорtіоn оf digital currencies.

El Salvador’s economy grеw dеѕріtе adverse ѕhосkѕ lаѕt year, but the соuntrу is сurrеntlу excluded frоm global bоnd mаrkеtѕ. With іtѕ $6.4 billion in nоtеѕ trаdіng dеер іn distress, El Sаlvаdоr has ѕоught rеgіоnаl lеndеrѕ such аѕ thе Central American Bаnk fоr Economic Intеgrаtіоn аnd Cоrроrасіоn Andіnа dе Fоmеntо. Evеn thоugh Prеѕіdеnt Nауіb Bukеlе repaid аn $800 mіllіоn bond earlier thіѕ уеаr, сrеdіt-dеfаult ѕwарѕ іndісаtе a 79% сhаnсе оf default within thе nеxt five уеаrѕ. Thе situation in El Sаlvаdоr has implications fоr оthеr соuntrіеѕ соnѕіdеrіng thе аdорtіоn of dіgіtаl сurrеnсіеѕ оr ѕееkіng tо ассеѕѕ glоbаl саріtаl markets. Mаrkеt participants аnd роlісуmаkеrѕ аlіkе wіll closely watch the rоlе оf multilateral lеndеrѕ lіkе the IMF іn ѕuрроrtіng such еffоrtѕ.

#OriginalContent

"What if I just invest in all the top 100 coins and just wait?"

"What if I just buy on the ETH spot?"

"What if I just buy the latest offerings on Binance?"

Let's try to break down all of these strategies in today's article, using a few crypto investors as examples!

What was the raw data for the Twitter thread?



▫️Топ-200 CoinMarketCap + Binance listings from 2018 to February 2019.



▫️Time Time horizon: bearish 2018 to bullish 2021.



▫️Date Entry: February 2019 (this date was chosen for entry to simulate buying during a deep bear market);

▫️Date Exit: price high of each coin. (Since it is impossible to reach every high, 50% of the theoretical return of the simulation would be a more realistic result).

Investor 1: Investing $1000 in the top 100 coins:



Proposition: "I don't want to waste time on re-buys, the coins in the top 100 are both reliable and have the potential for 50 X."



📝 Number of coins: 100.



💲 Profit: $21,600 (22.6X).



📎 Easy to manage: It is almost impossible to track all the coins in the portfolio.

Investor 2: Investing $1000 in coins from 100 to 200.



Proposition: "The top 100 are mainstream, the top 200 are sure to bring great returns."



📝 Number of coins: 100.



💲 Profit: $7,700 (8.7X).



📎 Easy to manage: It is almost impossible to track all the coins in the portfolio.

Investor 3: Investing $1,000 in new coins (listing from 2018 to February 2019) in the top 200.



Proposition: "New projects generate more interest and get more growth. I stay within the top 200 to avoid ultra-high risk."



📝 Number of Coins: 35



💲 Profit: $16,600 (17.6X).



📎 Simple management: very complicated.

#originalcontent #OriginalContent #crypto2023 #BTC #Altcoin

Overview of the week

Are you ready for a data-heavy week? US and European indices were closed on the last day of the week due to the Easter holiday. Today, European stock markets will remain untraded.

After the employment data from the USA last week, the eyes of the markets were turned to the CPI data this week. In line with the future expectations on inflation, a data may be welcomed by the market.

After the CPI data, the minutes of the FOMC meeting will be announced. In these minutes, we will see the details of the Fed's monetary policy and examine the clues for future interest rate decisions.

While in the shadow of banking crises, big banks such as JPMorgan and Citigroup will announce their reports on Friday, and Goldman Sachs, Morgan Stanley and Bank of America will announce their reports a week later, which will be a data for the markets to monitor closely.

In the cryptocurrency markets, eyes turned to Ethereum. The “Shapella” upgrade will take place on April 12, 01:27 CEST. Validators who have been staking Ether for more than 2 years will be able to get their Ether back with this update. Another important development is that Facebook and Instagram will stop supporting NFTs on April 11.

Economic Calendar of The Week

Wednesday, April 12, 2023

USA - Consumer Price Index (CPI) Expectation (YoY): 5.2% Previous: 6%

USA - Fed FOMC minutes to be released

Thursday, April 13, 2023

USA - Producer Price Index (PPI) Expectation: 0.1% Previous: -0.1%

UK - Annual Gross Domestic Product (GDP) Expectation: 0.2% Previous: 0.3%

USA - Unemployment Benefit Applications Expected: 205K Previous: 228K

Friday, April 14, 2023 USA

JPMorgan, Wells Fargo, Citigroup and First Republic Bank first quarter reports to be released.

Bitcoin Technical Analysis

Last week, we did not see large volumes in the cryptocurrency markets due to the low risk appetite. On the daily chart, Bitcoin continued to test the $29,000 levels. With the daily candle closings on the wicks, Bitcoin will start its journey to the level of $ 32,000, and under the key-zone area, which is the level of $ 26,400, our direction is bullish unless there is a candle close. In terms of the price retracement point, we will follow the next swing zone at $24,300 - $25,300.

Sharpe Ratio

The Sharpe ratio is one of the most widely used metrics in traditional finance to evaluate an asset's risk-return performance. The Sharpe ratio shows which asset performs best according to its volatility. In the example above, we observe that Bitcoin and Ethereum were the best risk-adjusted assets over the past 30 days, while the German Combined Stock Exchange Index (DAX) was the worst of the assets displayed.

Top 100 Cryptocurrencies In The Last Week According To CoinGecko Data

Radix (XRD) 17.8%

Bitget Token (BGB) 10.3%

Curve DAO (CRV) 10.2%

Injective (INJ) 10.2%

THORChain (Rune) 8.7%

Last Week's Featured Crypto News

Texas Takes Action for Gold-Backed Cryptocurrency

While lawmakers in the US are introducing bills opposing the creation of a US dollar-based central bank digital currency (CBDC), Texas prefers to take a different path with the creation of state-issued gold. This is a gold-backed digital currency.

IOSCO Prepares Crypto Regulatory Report for 2023

The International Organization of Securities Commissions (IOSCO) has prepared a regulatory report on stablecoin, DeFi and influencers. On the other hand, IOSCO will hold a meeting for the regulatory report on crypto assets in the second quarter of 2023. The organization's recommendations on regulations are intended to be published by the end of 2023.

Apple Computers Have Bitcoin Whitepaper

In April 2021, a user named bernd178 on the MacOS Community Forum revealed a function called Virtual Scanner II, which is embedded in the Image Capture Utility and is not enabled by default. Virtual Scanner II includes an image of a bay in San Francisco and a PDF copy of the Bitcoin Whitepaper.

Crypto's First Quarter Scorecard: What Happened to Coins?

In the first quarter, which ended with the start of April 2023, many activities occurred in the crypto industry. Not only in the cryptocurrency market, but globally, there were significant differences in many financial areas. The crypto industry, hit by the Fed interest rate decisions from time to time and bank crises from time to time, somehow managed to continue on its way and move in the direction of the rise.

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The advantages of ChatGPT

⭐️ ChatGPT is easy to use and can generate human-like responses quickly and free of charge.

⭐️ ChatGPT can generate text in response to almost any message. It was configured to work with a wide range of topics.

For example, developers have used it to help debug code, creatives have used it to help write stories or song lyrics, and students to help them understand complex concepts.

⭐️ The existence of ChatGPT can save time and money. Tasks that would otherwise require significant human effort, such as answering customers' frequently asked questions, could be handled by ChatGPT, freeing up staff to focus on more complex tasks.

⭐️ ChatGPT can be used to trade cryptocurrencies, create basic trading bots and trading terminals.

⭐️ ChatGPT can provide analysis on the efficiency of a cryptocurrency and help make decisive trades or transactions based on investment objectives, portfolio and risk profile.

⭐️La information provided by ChatGPT can help to make a more informed decision before investing in a cryptocurrency.

Disadvantages of ChatGPT

Although ChatGPT is extremely impressive, users should be aware that there are a number of drawbacks.

🔻Limited understanding and lack of common sense.

🔻Can generate misleading or incorrect information.

🔻Responses are based on probability distributions of training data, and these data may contain biases.

🔻Accuracy is limited to your training data and, in this case have a knowledge limit of 2021.

🔻Security and privacy concerns, as developers use the information shared with ChatGPT to improve the product, but it is unclear who can access it.

Considering the above, users should not become too dependent on ChatGPT and should always maintain critical thinking.

#OriginalContent #Binance #chatgpt #AI #APfinanciero

🔘SAND is the metaverse and game token

🔘First release date: August 13, 2020

🔘Opening price on the first day: 0.00833$

🔘The current price is: 0.638$

🔘Belongs to the public chain: Ethereum, solscan, polygonscan

📊The live price of The Sandbox is $ 0.639191 per (SAND / USD) today with a current market cap of $ 958.45M USD.

📊The Sandbox is -2.35% in the last 24 hours.

📊It has a circulating supply of 1.50B USD.

💎SAND is also one of the concept currencies in Hong Kong, but the current price of SAND is still at a low price compared to historical heights. Currently, Hong Kong is reporting the Web3 carnival, but today's data is not very ideal, because CFX, the big brother of the Hong Kong sector, also appeared today a downward trend.

💎But as far as the current market is concerned, only through the Hong Kong Web3 Carnival can Bitcoin show a good upward trend this year. Today is the first day of the event. We should expect the market reaction after the event. This is not in the interests of anyone. , nor the interests of a certain financial institution or a certain exchange, this is a carnival for everyone!

🇭🇰I will hold the currency to update the Hong Kong concept for everyone, and the next analysis currency is the Hong Kong concept currency #QTUM !

✅Follow me to learn more valuable information

#OriginalContent #Binance #Binano0_0o #Sand

Arсhіtесt Pаrtnеrѕ’ reports revealed that mеrgеrѕ and acquisitions (M&A) hіt an аll-tіmе hіgh іn Q1 2023. Arе сrурtо fіrmѕ looking fоr аn еxіt?

Aссоrdіng tо a Blооmbеrg аrtісlе, thеrе wеrе 54 transactions related tо сrурtо M&A dеаlѕ in thе fіrѕt ԛuаrtеr of 2023. The аrtісlе сіtеѕ data frоm Arсhіtесt Partners, an M&A аdvіѕоrу firm.

The crypto M&A еxсееdеd thе рrеvіоuѕ rесоrd оf 53 dеаlѕ frоm Q4 2021 whеn Bіtсоіn hit аn all-time hіgh оf $69,000.

Crypto Firms Rеѕоrtіng tо M&A as аn Exit? Mісhаеl Aѕhе, the head оf іnvеѕtmеnt bаnkіng at Galaxy Dіgіtаl, said, “Companies that would have been аblе tо raise саріtаl іn a bull mаrkеt аrе fіndіng it dіffісult to do so now аnd аrе turnіng tо M&A аѕ an еxіt.”

Thе ѕtаtіѕtіс thаt аррrоxіmаtеlу 65% of thе mergers аnd асԛuіѕіtіоnѕ іn thе last quarter were іnіtіаtеd bу оnе сrурtо соmраnу асԛuіrіng another, mеntіоnеd іn thе Architect’s rероrt, could potentially ѕtrеngthеn Ashe’s соmmеnt.

Thе rероrt аlѕо rеvеаlеd that рrіvаtе сrурtо fіnаnсіng dесrеаѕеd frоm $12 bіllіоn іn Q1 2022 tо $3 bіllіоn іn thе рrеvіоuѕ quarter. Nоnеthеlеѕѕ, with Bitcoin’s рrісе surging bу 80% іn 2023, there has been a corresponding uрtісk in thе numbеr of сrурtо vеnturе саріtаlіѕt deals.

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The Future of Cryptocurrency: Trends and Predictions for 2023

Cryptocurrency has been around for over a decade, and its growth has been nothing short of impressive. From a few cents per coin to thousands of dollars, cryptocurrencies have become a force to be reckoned with in the global financial landscape. But what does the future hold for cryptocurrency? In this article, we'll explore some of the latest trends and predictions for cryptocurrency in 2023.

Increased Institutional Adoption:

One of the most significant trends in cryptocurrency is the increasing adoption by institutional investors. Large financial institutions such as Fidelity, Goldman Sachs, and Morgan Stanley have started to invest in cryptocurrencies. This trend is expected to continue, with more institutional investors getting into the cryptocurrency market in 2023.

Greater Regulatory Clarity:

The regulatory landscape for cryptocurrency has been uncertain, which has slowed down its growth. However, there are signs that the regulatory environment is starting to become more clear. Countries such as the United States, Japan, and South Korea are developing regulations to govern cryptocurrencies, which will provide greater clarity for investors and businesses.

The Rise of Stablecoins:

Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar. These coins are designed to provide stability to investors, as they are not subject to the extreme volatility of other cryptocurrencies such as Bitcoin. In 2023, we expect to see a rise in the popularity of stablecoins, as investors seek greater stability in their cryptocurrency investments.

Increased Use in Real-World Applications:

Cryptocurrencies have been primarily used for investment purposes, but there are signs that this is changing. Many businesses are starting to accept cryptocurrencies as payment for goods and services, and this trend is expected to continue in 2023. Additionally, cryptocurrencies are being used for remittances and micropayments, providing a cheaper and faster alternative to traditional financial transactions.

The Emergence of Central Bank Digital Currencies:

Central Bank Digital Currencies (CBDCs) are digital versions of a country's fiat currency. These currencies are issued and regulated by central banks, and they are designed to provide a more efficient and secure alternative to traditional cash. Several countries, including China and Sweden, have already started testing their CBDCs, and we expect to see more countries follow suit in 2023.

In conclusion, cryptocurrency is poised for continued growth and evolution in 2023. We expect to see increased institutional adoption, greater regulatory clarity, the rise of stablecoins, increased use in real-world applications, and the emergence of Central Bank Digital Currencies. As with any emerging technology, there are risks and uncertainties associated with cryptocurrency, but the potential benefits make it an exciting area to watch in the coming years.

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In this post I will share with you the most interesting events of last week in the cryptocurrency world.

😉 Polygon became the second-largest gaming blockchain, after a surge in user activity in March, Polygon overtook Hive to take second place. According to DappRadar, the significant increase in UAW on Polygon was due to BoomLand's game Hunters On-Chain, which has seen UAW increase by more than 17,000% in the last 30 days alone.

In 2010, you could earn 5 BTC for solving a captcha on the site Back then, it was a few cents, but now it's about $140,000.

Germany will allow blockchain shares The German Finance Ministry is preparing. Finance Act, which would create a regulatory framework for blockchain-based securities and other innovations.

The project is intended to support the accumulation of private capital and mobilize more private investment for digitalization and other promising projects.

Instagram halts support for NFT The social network Instagram announced it is ending support for NFT and connecting third-party digital wallets. "We will begin deleting digital collection data in our systems, including your wallet address. The data will be stored and deleted in accordance with our Privacy Policy and Terms of Use for Digital Collectibles," the company wrote in a statement.

One zkSync Era project is stuck with 921 ETH. Developer assures it has found a solution

The developer of the L2 shell zkSync Era studio Matter Labs has confirmed the fact that 921 ETH are stuck in one of the ecosystem projects. The error appears to be dictated by a glitch in the compilation process. The developer assures that the funds are perfectly safe.

The problem arose with the Gemholic environmental project. It raised 921 ETH ($1.7 million) at the IDO stage, which then simply got stuck in the smart contract.

Apparently, the failure was due to the .transfer() function in the GemholicIDO smart contract. ZkSync Era is compatible with EVM, but is not its equivalent, so such errors are possible, as confirmed by the developer.

The complexity of BTC mining increased by 2.23% The complexity of BTC mining increased by 2.23% compared to the previous figure, and reached a record high level of 47.89 T. The network hashrate is at 342.16 EH/s.

#originalcontent #OriginalContent #news #crypto2023 #BTC

Introduction: ChatGPT is a language model that can generate human-like text responses after several prompts.

In just 2 months it reached 100 million users. One analyst wrote: "In the 20 years since the creation of the Internet space, we cannot recall a faster ramp in a consumer Internet application."

What is ChatGPT?

In basic terms, ChatGPT is an artificial intelligence (AI) chatbot. Users can type in any question, text or prompt, and ChatGPT will generate text in response. The result is close to the experience of instant messaging with a real person. In OpenAI's own words, the goal of ChatGPT is to provide information in a conversational manner.

How does ChatGPT work?

ChatGPT uses a deep neural network trained on a large amount of text data. A neural network is a computer system that uses the structure and function of the human brain as a model. It consists of a series of interconnected nodes or artificial neurons that can make decisions based on the information processed.

During training, ChatGPT was given countless examples of input-output pairs, allowing it to learn the relationships between language inputs and outputs.

Material was taken from a wide range of Internet texts, such as websites, books and social networks. The developers also selected and filtered the data to ensure its quality.

When an input prompt is given, ChatGPT uses its training to generate probabilities related to all possible responses. Based on its data, training and proprietary neural network, the response with the highest probability is selected as output.

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