cryptofuturetimes
cryptofuturetimes
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cryptofuturetimes · 2 years ago
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LUNC, ORDI and IOTA have risen in price by 2 times or more over the past week
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According to data as of the morning of December 4, 2023, 3 cryptocurrencies from the list of top 100 by maximum market capitalization managed to rise in price by 2 times or more over the past 7 days. They were Terra Classic (LUNC), Ordinals (ORDI) and Iota (IOTA). Their quotes soared by 131.1%, 110.4% and 100.3%, respectively. As for LUNC, this digital token moved to 50th place in the ranking of the most successful global cryptocurrencies in terms of capitalization. The value of the virtual asset increased to $0.000023, and the total supply of coins was $1.36 billion. Moreover, this figure increased by 48% in just the past 24 hours. Daily trading volumes were $981.69 million. Speaking of Ordinals, the price of the ORDI token has jumped to $41.95. This allowed this cryptocurrency to settle in 64th position in the top list. Its capitalization amounted to $880.85 million. Over the past day, this figure increased by 31.6%, and the daily trading volume at a distance amounted to $732.15 million. Finally, IOTA was trading at $0.34, and its market capitalization exceeded $1.04 billion. As for transaction volumes, over the past day market participants carried out transactions worth $453.03 million. Market analysts also noted a 72.1% increase in Celestia (TIA) over the past 7 days. This virtual asset was trading at $9.31. As for the flagship cryptocurrency Bitcoin (BTC), its price reached $41,450. The market capitalization of the digital coin was $810.98 billion. Over the past 24 hours alone, the value of the asset increased by 5.2%. Daily trading volumes exceeded $23.97 billion. The market share remained the same - 52.2%. As for the Bitcoin Greed and Fear Index, it reached 74, which indicated positive sentiment among market participants. Read the full article
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cryptofuturetimes · 2 years ago
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Entrepreneur Adam Back predicted an increase in BTC quotes to $100,000 before halving
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Well-known expert and CEO of Blockstream Adam Back gave his forecast regarding the future of the Bitcoin cryptocurrency (BTC). The specialist assured that the cost of the flagship digital coin will reach $100,000 before the procedure of reducing rewards for miners by half. According to him, even before halving, virtual currency quotes will overcome their price maximum (ATH). Blockstream CEO Adam Back is confident in his prediction. However, his forecast runs counter to historical BTC pricing trends. Numerous experts said they were skeptical of the entrepreneur's prediction given the volatile nature of the cryptocurrency market. Analyst Vijay Boyapati recently also wondered if BTC could reach its all-time high before the upcoming halving. Adam Back was practically the only specialist who expressed his confidence in this. As of December 4, 2023, the flagship cryptocurrency is trading just below $41,700. Bitcoin's market capitalization is $815.19 billion, and daily trading volumes exceeded $26.4 billion over the past 24 hours. The dominance of the BTC cryptocurrency on the market has grown to 52.6%. Let us remind you that the historical price maximum was reached at a value just below $69,000. Market participants are extremely optimistic ahead of the potential approval of spot exchange-traded funds (ETFs) linked to BTC. According to experts, this could trigger a massive influx of funds from institutional investors, potentially triggering a bullish rally. Critics caution against predictions like Beck's. They note the market's inherent volatility and risks. Some analysts are confident that digital gold prices will continue to fall in the medium and long term. Read the full article
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cryptofuturetimes · 2 years ago
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FX Cash Generator Review-Greatest Trading Robot
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Overview With FX Money Generator, you may immediately turn into a productive and confident merchant. This imaginative marker precisely and definitively recognizes productive exchanges. Take a look at these genuine screen captures that show tremendous profit from FX Money Generators' unrivaled tips. Proof that this instrument is dependable. At the point when you regard the alerts, your record equilibrium will take off. You can exchange reliably with an uncalled for advantage thanks to FX Money Generator. Turn into a beneficial merchant more rapidly than you at any point envisioned. How FX Money Generator functions? "FX Money Generator" has gotten a huge influence increment. The designer has incorporated a Following Stop and Breakeven blend, what capabilities as your solid boundary for straightforward exchanges. To lay it out plainly, a following stop limits misfortunes and expands gains, going about as your exchange watchman. It shrewdly changes the StopLoss to make your exchange a success as the cost moves in support of yourself. It's your undercover apparatus for changing over potential mishaps into fulfilling triumphs! Breakeven, a security net, is going to show up. Breakeven happens on the off chance that the sign doesn't precisely raise a ruckus around town, no matter what the Take Benefit level you've chosen. You actually win regardless of whether your objective was to take benefit two yet you simply figured out how to take benefit one. There's compelling reason need to stress over losing crisis stops. As you can see on the graph, exploit the Purchase Passage signal — shown by a sky-blue line — and submit your request. As another option, for the Sell signal alarm, position yourself decisively by watching out for the yellow line to show up. The noticeable Crisis StopLoss, showed by a green line on the outline, is essential. This pivotal part fills in as a two-crease defender, safeguarding your benefits and diminishing any misfortunes. It fills in as an intense ally of chance decrease and a careful watchman of gains. (Note: The framework settings have this component enacted as a matter of course.)
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Planned explicitly for dealers searching for detectable outcomes, "FX Money Generator" chugs along as expected throughout Each Time period, ensuring that no worthwhile potential outcomes cruise you by. Recollecting that "FX Money Generator" signals don't repaint is significant." When they appear, they don't disappear; all things being equal, they remain and offer you reliable guidance for your exchanging decisions. The brilliant witness innovation that has been incorporated to FX Money Generator is expected to make exchanging more advantageous and simple. The source shows: - Name of marker - Exchanging style - Current time - Next candle's term - Past sign - Spread - Equilibrium Free Edge; Consistently Value Change - Pattern Bearing - Pattern Strength across all time spans for the particular pair - The unpredictability diagram, which shows the everyday level of bullish and negative candles A significant illustration for all merchants: pursue the direction consistently to try not to settle on unfortunate choices. It is basic to never exchange against the pattern. We've likewise presented a particular region that represents which course the pattern is moving to additionally further develop things for you. For the best outcomes, stick to exchanging reasonably and in accordance with patterns. What is FX Cash Generator Premium Version? Set yourself up for an unmatched exchanging experience with the FX Money Generator Premium! On the off chance that you are significant about making the most of the market, this force to be reckoned with, stacked with cutting edge advancements, is your pass to incredible and productive exchanging. With specialized investigation, Programming Designer takes care of you as the go-to asset for both beginner and experienced brokers. Specialized investigation works much the same way to having what might be compared to a precious stone ball. Also, guess what? Two amazing assets in this space are Turn Point and Moving Normal. The Turn Point uncovers potential degrees of help and opposition, while the Moving Typical guides in deciding a value's pattern. You have the best exchanging group, empowering you to pursue more educated choices on the lookout. Maybe you have your own special gathering of proficient counsels! Envision that all dynamic matches' pattern course and signals are shown in the market data. It features the open matches in distinctive varieties, causing it to feel like you have an individual right hand assisting you with your exchanges. You don't have to stress over part sizes or cerebral pains making plans any longer since we take care of you. The Cash The board Number cruncher is only another awesome component of FX Money Generator Premium. Assist you with accomplishing the ideal parcel size, brighten up your arrangements, and smooth out your exchanging! To help you in using sound judgment, you are given point by point data on Pair, Spread, Day to day Rate, Bearing of Moving Normal, and Relative Strength File. With FX Money Generator Premium, exchange the future without depending on mystery — where state of the art innovation and ease of use converge to guarantee your prosperity! Enter a future loaded with satisfaction and confidence! It's your pass to a forthcoming outing liberated from tension. What is FX Money Generator Pack? No matter what your degree of involvement, our one of a kind device, the "FX Money Generator Right hand," can expand your profit and exchanging independence. Open boundless open doors and unequaled adaptability, from dealing with a regular occupation to taking part in leisure activities. Work together with "FX Money Generator Aide" and see how your exchanging experience changes. When you can accomplish phenomenal outcomes, why settle for common? Incredible exchange results are ensured by our precise and proficient programming, which is upheld by verifiable market investigation. Try not to miss the potential chance to increment serotonin levels and benefits. Move FX Money Generator immediately! The instrument gives three exchanging modes: Full Auto, Semi-EA, and Manual At the point when you pick Manual mode, the collaborator naturally arranges each setting for you. You go with the choice to enter an exchange or not while exchanging. You have three choices to choose from while utilizing Semi-EA mode: "Just Sell," "All Exchanges," and "Full Auto." The associate will not enter Purchase exchanges assuming that you select "Just Sell," as well as the other way around. Set the Maximum Spread, Parcel, Open Hour, and Close Hour before you exchange. As such, you can decide how long the partner will function. Contingent upon the boundaries you indicate, Full-Auto mode will naturally enter or leave exchanges for your sake. What a wealth of decisions! Pick what suits you the best. You will all find how to make decisions!piness and confidence! It's your pass to a forthcoming outing liberated from tension. Conclusion solid marker "FX Money Generator" gives you an uncalled for advantage that you can save perpetually and doesn't need repeating installments for. Your outcomes can be radically different by this one powerful instrument. Bit by bit Client Guide: This guide contains straightforward directions that even a fledgling can use to immediately set up the framework and start bringing in cash. Free updates to guarantee that it keeps on working regardless of whether the market shifts. Free Future Updates: Since the "FX Money Generator" group is continuously attempting to work on its marker, you will consequently get any updates we make at no expense for you. My objective is for you to prevail with regards to exchanging the long run. Click Here To Get FX Money Generator With Unique Markdown Cost Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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Bitcoin price consolidated above $35,000
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On the evening of November 7, the quotes of the first cryptocurrency once again broke through the $35,000 level. At the moment, the rate reached $35,888 (on Binance). Bitcoin is currently trading at around $35,200. In recent days, the asset has repeatedly broken through the $35,000 level. However, it was unable to gain a foothold above it. In 7 days, Bitcoin rose in price by 2.3%, according to CoinGecko. In the top 10 coins by capitalization during this period, Cardano (ADA) gained the most — 22.2%. Toncoin (TON), XRP and Solana (SOL) also showed significant growth. The total market capitalization increased to $1.39 trillion. Amid the rally of leading altcoins, the digital gold dominance index dropped to 49.8%. In early November, the rate reached two-year highs above 51%. Earlier, experts noted that large market participants are interested in Bitcoin breaking through the $36,000 level. Let us recall that according to Rachel Lin, co-founder and CEO of the decentralized derivatives exchange SynFutures, the first cryptocurrency could reach $47,000 by the end of November. Read the full article
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cryptofuturetimes · 2 years ago
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Cryptocurrencies BONK and MOVR became the most profitable over the past day
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Cryptocurrencies BONK and MOVR became the most profitable over the past day As for MOVR, quotes for this digital currency jumped by 31.35% over the reporting 24 hours. It was possible to purchase the cryptocurrency for $6.58, and its capitalization was $55.67 million. Traders were very active in the market and made transactions for $76.39 million, which is 2041% higher than the same values of the previous day. An honorable place in the top three was taken by the rather old cryptocurrency Storj (STORJ). Its quotes increased by 24.7% over the past 24 hours and reached $0.562. Market capitalization is 208.59 million, and daily trading volumes jumped more than 5 times to 129.82 million. In addition, another cryptocurrency was noted, which is more than 5 years old. We are talking about Groestlcoin (GRS). Its rate increased by 23.5% over the reporting 24 hours. The token could be purchased for $0.598, and the total supply of assets circulating in circulation was $50.09 million. Trading volumes soared 76 times per day to $152.11 million. Finally, tomiNet (TOMI) and Echelon Prime (PRIME) demonstrated excellent results. They rose in price by 24.5% and 22.9%, respectively. No other cryptocurrency from the top 500 managed to grow in price by more than 20%. Read the full article
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cryptofuturetimes · 2 years ago
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Forex Jupiter Review-Superior Trading Robot
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What Is Forex Jupiter? The Forex world might have never seen a pattern marker as exact as Forex Jupiter! This instrument joins my super exact pattern distinguishing innovation with the force of key Forex exchanging methodologies like Help and Opposition. Everything for YOUR bliss and achievement. Forex Jupiter, potentially the most dependable pattern marker the forex market has at any point seen, will assist you with making exchanging your essential kind of revenue! This apparatus joins my super exact pattern identifying innovation with the force of crucial Forex exchanging methodologies like Help and Opposition. Everything for YOUR joy and achievement. With Forex Jupiter, make exchanging your essential kind of revenue!
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How Forex Jupiter brings you simple benefits and augments your pay? Anybody who has endeavored to prevail in Forex exchanging on an expert premise will validate the large number of devices accessible and the different fantasies related with them. It is exceptionally simple to feel lost in this ocean of choices, yet you need to figure out all of them to arrive at the top. The engineers of Forex Jupiter Programming imagine that everybody might start exchanging beneficially. It just takes one simple mystery to succeed: you should recognize the drawn out well thought out plan. Something reusable and has gone through various tests. That is the very thing that they embedded into my Forex Jupiter's center. With my definitive pattern distinguishing calculation at its heart, Forex Jupiter is an exchanging pointer that was made with a great many lines of source code from every one of the devices that have been worked throughout recent years. From that point forward, a gathering of master merchants and programming engineers utilized man-made brainpower to figure out which works best and produces the most elevated benefit. They then, at that point, rearranged and instinctively planned the item so that even a total beginner could utilize it. A definitive pattern identifying calculation of the product group, which was delivered utilizing a large number of lines of source code from every one of the devices made in the earlier years, is the underpinning of the exchanging pointer Forex Jupiter. From that point forward, a gathering of master dealers and programming designers utilized man-made reasoning to figure out which works best and produces the most elevated benefit. They then, at that point, improved and instinctively planned the item so that even a total beginner could utilize it! What are a few interesting elements of Forex Jupiter? - Man-made intelligence Based The calculation advancement group made our device utilizing the most state of the art innovations presently open to people. - Remarkable Gathering of Craftsmen The most splendid personalities in the exchanging scene emptied their insight and experience into Forex Jupiter. - Complete Auto Exchanging Help Our favored strategy is to "set it and fail to remember it"! At the point when utilized related to Forex Jupiter Administrator, it can deal with all assignments. - Not painted! When they show up, the signs change and don't have no unexpected outcomes. What makes Forex Jupiter so extraordinary?
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At the point when Forex Jupiter creates a sign, it doesn't simply give you a spot to enter the market; all things being equal, it fabricates a whole framework that you can use for your potential benefit and bring in cash. It, first of all, gives a passage point — the most exact one given the present status of the market. Second, Forex Jupiter gives you three TakeProfit levels and a StopLoss level in light of Help and Obstruction levels. The groundwork of Forex exchanging is backing and opposition; when you use them, your assume benefit and stop-misfortune will continuously be very exact. Thirdly, approaching all of this data will empower you to pursue choices rapidly, extending your record by making and breaking gives in a steady progression. You can utilize the Forex Jupiter framework to fit any sort of exchanging style you pick, from wary to hazardous. Moreover, planned in a way can help both experienced dealers and new novices! What are a few principal advantages of Forex Jupiter Noficitation framework? - Spring up Warnings with Sound on MT4/MT5 Connection point Thirdly, by making and breaking exchanges consistently, you will actually want to quick form your record by approaching the entirety of this data. The Forex Jupiter procedure might be acclimated to suit any exchanging style, from risk-taking to wary. Likewise made in a manner will help the two beginners and prepared merchants! - Quick Email Alarms Nonetheless, I trusted you to have referenced that I wasn't have to go through the whole day at my PC? Group organization did, you don't. You'll get moment email notices when a sign alarm is made! - Warnings by means of Push for Your Wireless At the point when a sign is produced, you will get a push notice. Just open the MT4/MT5 application on your telephone and utilize the gave information to enter the exchange! It's just as simple as that. What amount could you at any point make with Forex Jupiter? - M15 time span With a cash pair like EURUSD, the typical benefit on the M15 time span will be about $300 per exchange approximately 15 candles. - Help/Resistance In the event that you hold back nothing or third S/R levels, you can expand the benefit you get from each exchange on the M15 and M30 time periods! - The H4 course of events The H4 time period is great for people who would prefer to set and neglect; in spite of the fact that it takes more time to exchange, the potential award is $1600! Hands-FreeTrading and greater additions: What's going on here? - The Best Mix You can utilize the very exact signs of Forex Jupiter with Forex Jupiter Chief while any remaining exchanging related assignments are taken care of. 2.10% Auto, Semi-EA With our two modes, you can kill the problem of entering and leaving manages a solitary snap or have your exchanging done totally naturally. 3.Multiple Leave Procedures separated newsIt is prudent to abstain from exchanging during news declarations; Forex Jupiter Chief will right away end the transaction.The choice you select will be naturally trailed by your product: TakeProfit, the contrary sign, and three degrees of help and obstruction 4.Exchange Times You can program Forex Jupiter Supervisor to open and close arrangements for you during the exchanging time frames that turn out best for you. 5.Managing Cash To utilize Forex Jupiter Administrator, basically select the extent of your capital that you will take a chance on each exchange. 6.filtered news It is prudent to shun exchanging during news declarations; Forex Jupiter Supervisor will right away end the exchange. 7.Maximum Dispersal Protection You are completely safeguarded on the grounds that you might pick the Greatest Spread level, and assuming it is outperformed, no exchanges will be opened. What is the two method of Forex Jupiter Administrator? Forex Jupiter Administrator is accessible in two methods of activity: Semi-EA Mode and full AutoMode. You ought to utilize a default semi-EA setting on the off chance that you believe your Forex Jupiter should naturally enter exchanges with only a single tick and leave them too. An exchanging board including every one of the subtleties for the following arrangement will appear on the screen at whatever point a new sign is produced. You should simply tap on the choice that best suits your necessities: "Exit at the TakeProfit Level," "Exit at the Contrary Sign," or "Exit at Help 1-2-3/Opposition 1-2-3." The exchange will then be placed by the product with every single required setting, and it will naturally close after it is done with benefits. Using Forex Jupiter in 100 percent programmed mode is an extra decision. In this situation, your clever programming will execute all exchanges consequently assuming you empower AutoMode in the Chief board. Nothing by any means on your part! There will be next to no time spent before your PC and bunches of time to enjoy with your friends and family or seek after your interests. Moreover, Forex Jupiter will deal with exchanges, for example, these for you while you're all over town, going about as the world's generally keen individual collaborator. Conclusion Old stunts in the book aren't generally the best ones. You should sort out some way to exploit everything to bring in cash. I'm very pleased with Forex Jupiter Chief along these lines. The instrument permits you to expand each exchange while exchanging the most secure way conceivable. You can regard any web idea on account of its News Channel, Max Spread Security, and Exchanging Hours Settings. You might ensure that you will get the greatest doable triumph, even in case of a halfway position close. Your underlying speculation will be protected by the Cash The board apparatus, and there are lots of astonishing settings to check out and choose from. The most urgent viewpoint to recollect is that all that will be finished naturally! Accordingly, as long as you have Forex Jupiter Director accessible, you will not at any point need to stress over the unpredictable estimations and rules once more — they will be finished for you in a moment! It's presently more straightforward than at any other time to bring in cash doing hardly anything! With Forex Jupiter and its Chief's AutoMode, you will not at any point need to stress over finding a kind of revenue once more! Click Here To Get Forex Jupiter With Special Limited Price Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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5 ways to earn money with cryptocurrency without leaving your home
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We have collected the TOP 5 popular options for making a profit from digital money in a comfortable home environment. We will tell you how to make money on cryptocurrency in 2022. Earnings on cryptocurrency with the help of mining One of the most common and reliable ways to make money on cryptocurrency is mining. In translation from English, mining is mining. How it works? Miners on special farms, where mining facilities are installed, consisting of one to tens of thousands of processors and video cards, calculate special blocks that give the right to receive a certain number of virtual coins. At the same time, miners have the right to choose the mined coin. If bitcoin is chosen, the mining premium is paid in bitcoins, and if, for example, the choice fell on ethereum, then they will pay with ethers. The very first miners who mined the main currency of the crypto world — bitcoin, received the most generous reward. But the algorithm of bitcoin, sewn into its program code, suggests that every year its production will become more difficult. Moreover, the number of coins is limited: the last bitcoin must be mined in 2140. Now the network is controlled by huge mining pools that buy ASIC miners (special equipment that replaced video cards) to mine coins. Single miners who raised the bitcoin mining industry cannot withstand competition and go into niche projects related to other digital currencies. You can also earn money from them. Let’s take a closer look at all the schemes for earning bitcoin with the help of mining. The most popular and quite profitable scheme for obtaining cryptocurrency is mining on video cards. Why are video cards good for those who decide to make money on cryptocurrency? They have a fairly long service life (even older versions cope with the extraction of cryptocurrencies), their algorithms are easy to reconfigure, and there is a three-year warranty from the manufacturer. This is relevant because modern versions of video cards work on new generation GPUs without flashing. You can’t mine much on one video card, so they work with farms mainly. This is a design consisting of several video cards at once. The number of farms is limited by the capital of the investor and the size of the premises. The main expenses are rent and electricity bills. Miner equipment also creates a lot of noise. True, this problem is least of all related to video cards. Even a farm assembled from 5–7 video cards is much inferior in decibels to an advanced ASIC miner. ASIC (ASIC) is a reliable, relatively compact device for mining cryptocurrency on certain algorithms. The problem with ASIC is that it is a highly specialized device. If a miner wants to mine several coins at once, he will have to buy a gadget for each of them. It is impossible to reprogram an ASIC that works, for example, with bitcoin to work with other currencies. As for economic efficiency, ASIC consumes about 3 kW of electricity and brings its owner $350 of net profit per month. Among the shortcomings of working with the device, we highlight a very high noise level. It is definitely not suitable for an apartment. As an option — a separate room or a mining hotel. Of the low-cost and low-profit schemes, you can add mining in the browser. It requires JavaScript to be installed. Unfortunately, in this scheme, the disadvantages prevail over the advantages. The main problem is the high risk of becoming a victim of a virus attack that will turn your computer into a mining node for another user. It is easier and more relaxed to train in the extraction of coins on the hard drive. You will need special software and a large amount of the hard drive itself from 3 terabytes. Cons — a limited number of coins for mining and low profitability. cloud option Mining can also be done on cloud servers. To do this, you just need to rent a certain amount of computing power in a remote data center. Some services also offer ASICs for leasing with a buyout after the expiration of the lease. The benefits of cloud mining are obvious. This is the absence of noise in the apartment, saving on equipment and time. Farms need to be monitored around the clock. Unfortunately, a huge disadvantage of this method of mining cryptocurrency is the high risks. There are too many scammers in the cloud service that undermine the reputation of the entire market and neutralize the advantages of a rather nice scheme. How to make money on cryptocurrency trading The second way to make money on cryptocurrencies at home is to trade on the stock exchange and work with gaming platforms and partners. Trading is a constant and painstaking work on the exchange: viewing analytics, monitoring the market, working on compiling a diversified investment portfolio. And of course, investments, long or short term — it all depends on your capital and risk tolerance. You can get your profit after registering on the sites of affiliate and referral programs. Participants of these programs receive a reward for expanding the client base of cryptocurrency exchanges, exchangers, etc. The premium for a client is 30–40% of the commission from a transaction or exchange. Let’s say a customer bought bitcoin using your link and paid a 1.5% commission. With this one and a half percent, you get a third as a bonus. You can get your profit after registering on the sites of affiliate and referral programs. Participants of these programs receive a reward for expanding the client base of cryptocurrency exchanges, exchangers, etc. The premium for a client is 30–40% of the commission from a transaction or exchange. Let’s say a customer bought bitcoin using your link and paid a 1.5% commission. With this one and a half percent, you get a third as a bonus. money for storage The third way is staking, an alternative coin mining model that has a special algorithm embedded in it. It is officially called the PoS (Proof of Stake) abbreviation. New blocks in this model are created based on the age of the coins (time used for staking) and a random selection algorithm. Users of staking networks are called forgers, or in translation into Russian — “blacksmiths”. It is enough for a participant of the staking program to open a wallet, replenish it with coins and keep the computer connected to the network. The staking wallet becomes one of the chain nodes that maintains the network and validates transactions. For this, remuneration is charged as a percentage of the deposit amount. The larger the amount, the higher the premium. The final profit depends on how long the money is in the wallet. An addition to staking is the masternode, which was invented quite recently. Masternodes are the main nodes of the network, with special powers. When a new block is created, masternode owners are rewarded. The masternode is launched according to the staking scheme. Coins are bought, withdrawn to a hot or cold wallet. Then special software is downloaded and installed, which ensures the operation of the main node on the owner’s computer or on a remote server. By and large, the launch of a masternode is an investment in one of the coins. The problem is that this coin can both rise in price and fall. Cryptocurrency earning in 2022 from scratch You can earn on cryptocurrency from scratch by participating in the programs: Airdrop and Bounty. These two terms are quite often confused, although they are completely different, but this is due to the specifics of the cryptocurrency market. The Airdrop process gives away digital tokens for free. To get them, you need to complete a fairly simple task and write a post about it in popular social networks. To make money on cryptocurrency in any airdrop, you will need: email, social media accounts (Facebook, Instagram, Twitter, Telegram), and each of these accounts must have at least 100 followers. The age of the page is at least 3 months, and the topic is cryptocurrencies and finance. Many organizers of airdrops check the pages of participants for the presence of bots and cheating. Another mandatory point is accounts on specialized cryptocurrency forums and a cryptocurrency wallet to receive the appropriate reward. Bounty in translation means “reward”, “gift” and “encouragement”. This award is given by various ICO companies to promote their product on social media. During the Bounty campaign, you need to translate an article or work out the design of the site. Here you can’t get by with simple skills, and such campaigns are within the power of qualified specialists. On the other hand, the fee for participating in the promotion of a particular digital coin in Bounty is much higher than in Airdrop. But the payments are also stretched in time. After the distribution of tokens in Bounty and Airdrop campaigns, the question often arises, what to do with these coins in order to get a normal profit. There are several options for working with the received digital currency. For example, you can keep the coins and not leave the project, hoping that the startup will take off. If there is no trust in the project or you want to take profits, you need to wait until the coin enters the exchanges and sell it at the peak price. Or you can simply accumulate tokens from different projects and exchange them for more significant cryptocurrencies. How do you most often make money with cryptocurrencies? Not a single topic of making money on cryptocurrencies is complete without investing in ICO, DAO, STO. In recent years, private investors have tried all these formats. What are we talking about? About startups that issued project coins in exchange for investments and were sure that they would shoot and become as popular as the TOP-5 coins of the digital world. If we talk about ICOs, then there were much more stories of failures and outright fraud than simple and understandable success stories. It is much more interesting and safer to invest with the help of Initial Exchange Offering (IEO), which translates as initial exchange offering. This method of crowdfunding is distinguished by the strictness of binding a startup to a specific exchange. The exchange administration carefully studies the project before listing and concludes a pre-contract with the startup developers. All major provisions are regulated in this pre-contract. As a result, potential investors who want to make money on cryptocurrency know in advance: the price of a digital token, the maximum issue volume, and the details of the distribution of capital among startup participants. If you want to learn more how to make huge income and passive income with cryptocurrency click here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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The most profitable cryptocurrency of the week was BONK
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According to data as of the morning of October 30, 2023, as many as 3 digital tokens included in the list of the top 500 by maximum capitalization have increased in value by 100% or more over the past 7 days. The absolute leader was the meme cryptocurrency Bonk (BONK), released on the basis of Solana. Its rate soared by 137.2%, which allowed it to enter the top 500 list. Over the past 24 hours alone, traders carried out transactions with cryptocurrency worth $14.85 million. Its value increased by 17.1% over the last day and reached a value of $0.00000063. The total supply of tokens circulating on the market was $34.23 million. Image Generation AI (IMGNAI) demonstrated a good result. This cryptocurrency, built on the basis of artificial intelligence technology, became more expensive by 113.9% during the reporting period. Within a week, its rate reached $0.043, which also allowed it to be included in the list of the 500 best digital coins and tokens by capitalization. The market offer for IMGNAI was $43.07 million. At the same time, trading volumes remained modest due to the low liquidity of the asset. Over the past 24 hours, market participants secured transactions for only $627.25 thousand. Finally, Polymesh (POLYX) is up 108.15% over the past week. Its quotes reached $0.31, and its market capitalization exceeded $230.62 million, which allowed it to rise to 148th position in the best ranking. As for trading transactions, over the last day alone, market participants completed transactions for $161.77 million, and this figure was less than 5% of the data recorded the day before. As for the flagship cryptocurrency Bitcoin (BTC), its rate was at $34,628. This value is 11.2% higher than a week ago. Asset capitalization - $669.27 billion. Read the full article
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cryptofuturetimes · 2 years ago
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How much can you earn on cryptocurrency in 2024
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Is it possible to make money on cryptocurrency, what can be the profit and how not to go into the red? We talk about crypto trading in detail Trading cryptocurrencies in case of successful scenarios allows you to get a yield of several hundred percent per annum. But if all risks are realized, you can lose all invested capital. Proven strategies and hard hedging of all risks work in the cryptocurrency market. Let’s try to figure out whether it is possible to earn on cryptocurrency and how much such earnings can be. Cryptocurrency earnings. Basic ways Cryptocurrency trading on the stock exchange is a business with its own risks and rewards, where every decision either brings income or leads to losses. Earnings on cryptocurrency are determined by several indicators, and in professional trading it depends only on the size of the deposit. Investors working for the medium or long term use several profitable strategies at once: portfolio investments with the formation of a set of profitable coins; hodling — passive investment: you keep coins in your wallet until they reach the planned profitability; staking is the storage of a cryptocurrency with a commission in a wallet that is used to support the blockchain network; mining is a way to make money on cryptocurrency by mining coins on specialized equipment; a hodling option with an investment in promising tokens in the hope of their explosive growth; use of referral programs. How to Build a Cryptocurrency Portfolio To make money on cryptocurrencies, it makes sense to build a competent portfolio. First of all, it should be balanced, that is, it should consist of 4–8 cryptocurrencies selected according to a number of parameters. There are two types of cryptocurrency portfolios that are built in a similar way to traditional assets. A conservative portfolio with minimal risks will contain reliable and proven currencies, while an aggressive portfolio will contain promising and new ones, which means that they imply a certain risk. Conservative cryptocurrency portfolio Consider a conservative portfolio. The main share — 70% — should fall on reliable coins from the top 5 cryptocurrencies (BTC, ETH, USDT). Another 25% can be coins from the top 10, backed by serious companies that have proven themselves in the cryptosphere (XRP, SOL, ADA). 5% can be left for high-volatility coins that have shown rapid growth — for example, in March 2022 it would be ApeCoin (APE), Waves (WAVES), THORChain (RUNE). Even if there is a sharp drop, the losses will be balanced by a large proportion of reliable coins. Aggressive cryptocurrency portfolio Now let’s look at an example of an aggressive portfolio. In it, reliable coins — bitcoin, ether, USDT will occupy 50%. At the same time, promising coins from the top 50 — SOL, ADA, RUNE and others — will account for 25%, and another 25% — for high-risk assets in the range from 50th to 100th position (BAT, OMG and others). During the period of growth of the main cryptocurrency, the profitability of such a portfolio can exceed 100% per annum. This is because the rise of bitcoin is always followed by the season of altcoins — the time when the main coins pull up in price next. What is HODL and why is it beneficial? Hodling is a popular option for long-term investments that allows you to earn on cryptocurrency. What is the principle of long-term retention of a coin in a wallet based on? In the long term, any market is growing, but the development of market trends is cyclical, with corrections. Therefore, if you buy an asset and hold it, for example, for several years, then the probability of further growth exceeds the probability of the asset falling. At the same time, sharp, large movements of the market against the trend can be ignored. It is better to choose reliable and well-established cryptocurrencies with a high market capitalization for hodling: bitcoin, ether, USDT and a number of other coins. If you choose a currency that is growing in the moment, but weak in the long term, then you can lose your money on a deep drawdown of the coin. Moreover, a weak currency has every chance to cease to exist. Hodling profits can reach tens and hundreds of percent. How much can you earn trading cryptocurrencies? The answer to the question of how much you can earn on cryptocurrency depends largely on the investor’s strategy. It makes sense for risky investors who are ready for losses but want to make high profits to catch x — that is, to profit from coins that have suddenly risen due to a combination of a number of factors. For example, 2021 will be remembered for the sharp growth of the decentralized finance (DeFi) industry and the emergence of a huge number of new promising projects. For example, AVAX is a native token of the Avalanche project that works with smart contracts. Back in January 2021, AVAX was worth $4.6, and by the end of July 2022, one coin is worth $25. How to make money on cryptocurrency. Bitcoin example Back in March 2020, the price of bitcoin fell just below $4,000 amid panic due to the spread of the coronavirus. And in July 2022, it is trading at $23,690. Bitcoin not only survived the global economic crisis caused by the coronavirus pandemic, but also fully revealed its potential as one of the main defensive assets of the financial world. In addition, it has received a huge amount of attention from institutional investors who are now actively investing hundreds of millions of dollars in cryptocurrencies. How to make money staking? Storing coins, or staking, can also be profitable — the presence of cryptocurrency blockchain in some networks is necessary to keep them running. Staking happens in the following way. Validators — nodes that keep the blockchain running — freeze their coins for a certain period, for which they receive a part of the reward. The more coins are frozen, the higher the income. You don’t need ASICs and powerful video cards for stacking — a laptop is enough. For the network, this is a less energy-consuming phenomenon than mining, and for validators, it is an opportunity to receive passive income for generating coins. According to experts, earnings in the Ethereum 2.0 network will be from 5% to 21% in the first year before deducting the cost of equipment and energy, which will be 5–20%. However, given the price fluctuations of ETH, staking will not necessarily be consistently profitable. How to make money on mining In the long run, BTC mining is more profitable than mining any altcoins. The latter have too much volatility — the rate can skyrocket and also fall rapidly in a short period of time. But if you want to try to make money on another coin, the most universal advice is to mine only the first 20 coins by capitalization. As a rule, these are time-tested and relatively reliable projects. In this article, we looked at the cryptocurrencies that are most profitable to mine in 2022 and will in 2023. How to make money on referral programs? Working with referral programs is a business with minimal risks, based on the recommendation of services and goods of the blockchain platform to third parties. To start, you need to connect a business account, generate a referral link and start working. The reward is calculated on the amount of spending of all invited users, and income depends on activity. Imagine that you managed to invite 10 active traders to the cryptocurrency exchange. According to the results of the month, traders made 200 profitable deals and spent $2,000 on trading commissions on the exchange. With a 10% commission for the one who invited them, the income will be $200. If you want to learn more how to make huge money and passive income in cryptocurrency click here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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Cryptocurrency Avalanche 2024 Review-What you need to know
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We talk about a cryptocurrency that managed to get into the top 10 most expensive virtual currencies, displacing DOGE from there. One day, the Avalanche (AVAX) cryptocurrency, which appeared as if from nowhere, showed record growth and even managed to break into the top 10 cryptocurrencies by capitalization. However, in May 2022, the altcoin lost $60 million due to the collapse of Terra. Against the backdrop of these events and the general collapse of the cryptocurrency market, the price of AVAX has been declining for several months. At the end of 2021, the cost of Avalanche reached $134, in October 2022 it is equal to about $17. Where did the AVAX altcoin come from, what can it offer users and can it really seriously compete with Ethereum? We understand our material. History of Avalanche The Avalanche open source platform, whose native token is AVAX, appeared in the fall of 2020. Her slogan reads:
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How Avalanche differs from other Ethereum competitors Avalanche was invented by Emin Gün Sirer, a Turkish-American computer scientist, professor at Cornell University and future founder of Ava Labs. Prior to Avalanche, Sirer worked on various operating systems, as well as solutions to scale and improve the security of bitcoin. It was Sirer who found one of the serious BTC vulnerabilities called “selfish mining” and proposed a solution to it. Selfish mining is a strategy where bitcoin miners team up to increase their income. Ultimately, it leads to the centralization of BTC, which should be decentralized, and to the advantage of some mining pools over others. Interestingly, Sirer tried to create his first cryptocurrency, called karma, back in 2003 — six years before the advent of bitcoin. With Avalanche, Sirer tried to solve the main problem of modern blockchains — slowness. Even the fastest options conduct transactions several tens of times slower than the systems that belong to Visa and Mastercard. Let’s compare cryptocurrencies and payment systems in terms of the number of transactions per second: Bitcoin (BTC) carries out 6 transactions per second on average. Ethereum (ETH). For ether, this figure is 15 transactions. Avalanche (AVAX). A few months before the full launch of Avalanche, Sirer said that his platform can process 6.5 thousand transactions per second. The Avalanche website says about 4.5 thousand. The Visa network can handle 24,000 transactions at once. Solana (SOL) boasts an astronomical 60k transactions per second. According to Sirer, the impressive speed of Avalanche was achieved thanks to a fundamentally different consensus algorithm. If in the case of the Ethereum blockchain all network nodes must have the same amount of information, then Ava has one node interacting with a limited number of nodes that together make up the network or the so-called “word of mouth” (Gossip Network). This scheme allows you to significantly increase the speed. The Sirera platform supports a fairly standard set of features: creating smart contracts, decentralized applications, as well as launching your own private and public blockchains. But the creators assure that their platform, among other things, is much safer than competitors that work on the Proof of Stake algorithm. This is happening, the developers say, due to a larger number of validators, that is, nodes that verify and confirm operations on the blockchain. The Proof of Stake algorithm that Avalanche uses is less energy-intensive than the Proof of Work algorithm that Bitcoin uses, which allows us to talk about its “environmental friendliness”. What is Avalanche cryptocurrency Cryptocurrency Avalanche, or AVAX, is a native token of the platform, with which all operations are performed on it. The first private sale of AVAX tokens took place in May 2020, when nearly 25 million coins were sold to investors at a price of $0.50 for a total of $12 million. In July 2020, Avalance managed to raise another $42 million from investors during the ICO. You can get AVAX by buying an altcoin on exchanges or by receiving it as a reward for keeping the blockchain running.
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There are two options to keep the network running: A validator is a network user who maintains one of the network nodes with the help of staking, and for this he receives a reward. A delegator is a user who does not want to take care of their host, but still wants to receive a reward. Such a user delegates (that is, transfers) their AVAX to the validator and receives part of the reward for this. At launch, 360 million AVAX coins were minted, with another 360 million to be distributed among users as staking rewards. The coins paid as network fees are then burned to create a deficit. Avalanche exchange rate history AVAX went public with a price of about $4. In the following months, the price of the altcoin remained close to this figure, sometimes sinking below $3. The first notable increase in value occurred in February 2021, when the value of the virtual currency jumped to $55. The next time AVAX managed to return to this level only six months later — in August. This came amid the launch of a $180 million initiative to attract decentralized application developers to the platform. Starting from November, the cryptocurrency exchange rate began to add several dollars almost every day. If on November 1, AVAX was worth $65, then by the 20th, the value of the altcoin rose to $125, and in the next few days reached a historical maximum of $146. At the same time, the cryptocurrency managed to rise to 10th place in terms of capitalization. Why Avalanche has grown so much Most experts attribute the altcoin’s record growth to a partnership agreement that the platform’s creators have signed with Deloitte, one of the world’s largest consulting firms. Under the terms of the agreement, Avalanche and Deloitte will develop a solution that will improve the work of the US Federal Emergency Management Agency. The partnership with Deloitte was preceded by several other initiatives totaling $600 million, the announcement of which could give an impetus to the growth of the rate. At the time of writing, AVAX is worth about $125 and has fallen to 11th place in the list of the most expensive cryptocurrencies according to CoinMarketCap. The market capitalization of the altcoin exceeds $28.5 billion.
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Avalanche Price Forecast CoinPriceForecast believes that by the end of 2023, the price of AVAX will rise to $31.37. Wallet Investor offers a more optimistic forecast that AVAX could hit around $38.2 by the end of 2022. However, the altcoin will not break the $1,000 mark until at least 2031, the site predicts. If You Want To Learn More How To Make Big Money And Passive Income With Cryptocurrency Click Here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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Bitcoin market share reaches two-year high
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On October 21, the dominance index of the first cryptocurrency reached 52.76%, the highest level since April 2021. Bitcoin's share has risen from about 38% at the beginning of the year to current levels. This is explained by the asset's prolonged rally, which has grown by 81% since January. At the time of writing, digital gold is trading at $30,716, up 2.58% in 24 hours. The market capitalization of the coin is $600.9 billion with a daily trading volume of $16.7 billion. The Block Research analyst noted that the increase in dominance reflects how the cryptocurrency "has maintained a strong position in the current market conditions and has performed well for most of the week." Recall that in September, SkyBridge Capital founder Anthony Scaramucci predicted a bull decade for the first cryptocurrency. The investor suggested that the worst of the current bear market is behind us. According to CryptoQuant analysts, the approval of a Bitcoin-based spot ETF will push the asset to $50,000-$73,000. Read the full article
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cryptofuturetimes · 2 years ago
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How to become a blockchain developer in 2024
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You won’t get into web3 right away There is no question of any 3 months of study when you learn programming from scratch, especially in web3. Get ready to spend at least six months or a year on mastering the base, and the same amount on practice. I didn’t meet anyone who took courses, including top companies, and immediately began to write good valid code. Yes, the language itself, including Solidity, can, and its syntax learns pretty quickly, but the ability to use it comes only with practice. So where do you start? First of all, when talking about web3, you need to decide which blockchain you want to work with in the future. The most popular at the moment are Ether and Solana with Solidity and Rust languages. Initially, it was Ether that aroused more trust and confidence in me, so I will continue to talk about it from the standpoint of my experience. So, if you want to become a full-fledged blockchain developer, then you need to start from the very basis: html, which creates the site skeleton, and css, which adorns this skeleton. At the same time, html itself has advanced quite a lot, and a lot of new things have appeared there. Having learned it, you will be able to correctly and beautifully design the base of your future project so that it is well indexed on the web. Getting started learning javascript If learning html and css with regular classes and practice will take you about a month, then you will have to spend a lot of time on js. We learn syntax, functions, OOP, practice with mini projects. Youtube videos have great tutorials for this. When you feel confident, you can connect libraries and add-ons over js. And without fail, we first learn typescript. Next is the Node.js software platform. Fortunately for web3, you don’t have to delve deep into node to understand how it works and is used. It is enough to be able to install packages and run nodes. After that, we choose react.js or vue.js for further study, while already within the framework of typescript. I would also recommend learning one of the project styling frameworks after that, such as Bootstrap, Materialize or Tailwind. This is not required, but a bonus on a resume would be nice! Only according to preliminary estimates, all this training will take you from six months. From now on, you can try to get a job with new knowledge to get more practice. And only now web3 Having learned javascript and everything related, you can start learning Solidity. The language itself is quite modest and simple. Having worked with js, you will have no problems understanding the new syntax. Along with it, you will also have to learn how to work with Hardhat or Truffle, some kind of development and testing environment for smart contracts. After that, there are two ways: to focus solely on writing smart contracts, for which you will already have sufficient knowledge, or to grow further to a full-fledged blockchain developer. As a smart contract developer, those who can conduct security audits and improve the quality of code and currency transfers are highly valued. The job of a blockchain developer goes beyond just writing contracts. Here you will not only have to learn how to work with third-party services like TheQraph, Chainlink, Apollo, Gnosis, but also get the skills to connect to decentralized exchanges like Uniswap or Pancake. Moreover, you may be asked to write a full-fledged application for clients that will query and send data to the blockchain. And all this will take much more than six months or a year. By the way, it should be mentioned here that if you learned Python, then it is also suitable for a blockchain developer. However, you will meet an order of magnitude less documentation on this than for javascript. Finally You should not believe advertising messages that convince you that you can become a good programmer in a month or two. Yes, syntax is easy to learn, but it’s all about practice. Six months ago, I was absolutely sure: “If you want to learn a language, start doing a project in it”, but now this has changed a bit. Only by studying the field, you can learn about the tools that create convenience for development. For example, you will learn that in a particular example, you can “not fence crutches”, but use a third-party solution. Also, do not worry that learning a new profession takes so much time. This is knowledge that will be relevant for a long time, and in any case, even with a base, you can find a good job. If You Want To Learn More How To Make Money With Cryptocurrency Click Here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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BSV and RNDR tokens have become more expensive by 10% in the last 24 hours
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The cryptocurrency market has recovered slightly over the past 24 hours. As of the morning of October 16, 2023, its total capitalization reached $1.06 trillion, which is 0.5% more than yesterday. Several altcoins from the top 100 list managed to seriously please their holders and increased significantly in price. Among the leaders, Bitcoin SV (BSV) and Render Token (RNDR) stood out significantly. The first of them increased in value by 10.7% over the reporting period. Quotes of the digital asset jumped to $37.27, and the market capitalization amounted to $718.07 million. This allowed it to rise to 49th position in the best ranking. Daily trading volumes were $67.89 million. RNDR also increased in price by 9.39%. The cost of this cryptocurrency reached $1.9. The total supply of tokens in circulation was $705.61 million. Daily transaction volumes exceeded $41.18 million. However, there were other altcoins on the cryptocurrency market that increased significantly in price, but were not yet included in the top 100 by maximum capitalization. For example, Stratis (STRAX) quotes continued to rise. The price of virtual currency jumped by 46.6% during the reporting day. It was possible to purchase a token digital coin at a cost of $1.06. STRAX's capitalization increased to $163.05 million. The daily volume of transactions secured by traders amounted to $472.81 million. This figure increased by 543.5%. Note that the price of this cryptocurrency has already jumped by 115% in a month. By the way, market participants noted the increase in the Band Protocol (BAND) rate. This digital currency rose in price by 36.95% during the reporting period. You can buy a token for $1.42, and its capitalization was $191.38 million. Daily trading volumes reached $150.29 million, which is 49 times more than registered on the previous day. Read the full article
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cryptofuturetimes · 2 years ago
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The cryptocurrency market is under serious pressure due to geopolitical events
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Last week was not the most favorable for financial markets. Due to the situation in the Middle East, almost all asset classes have suffered. Cryptocurrencies are no exception. As of the morning of October 16, 2023, the market capitalization of the industry was $1.06 trillion. Almost all leading digital coins and tokens have lost value over the last 7 days. It should be noted that the flagship cryptocurrency Bitcoin (BTC) showed relatively good results. Its value decreased by only 0.2% during the reporting period. However, this happened due to the fact that over the past 24 hours the rate of the virtual coin jumped by 3.65%. The world's main cryptocurrency was trading at $27,850, and its total supply was $543.61 billion. Over the past 7 days, market participants executed transactions with BTC in the amount of $40.19 billion. The market dominance was 49.9%. The greed and fear index was 47, which meant traders’ sentiments were absolutely neutral. At the same time, leading altcoins disappointed their holders. Ethereum (ETH) fell 3% over the week, Ripple (XRP) lost 4.5% of its value, Solana (SOL) fell 2.75%, and Cardano (ADA) dropped 2.15%. The worst performing cryptocurrency of the past week among the top 100 was Mantle (MNT), whose quotes fell by 14% to $0.238. The total supply of tokens amounted to $1.02 billion. Over the past 7 days, transactions amounted to $206.38 million However, there were also those cryptocurrencies on the market that brought significant profits to their investors. The best result was demonstrated solely by Loom Network (LOOM). Its rate soared by 121.6% in a week. At a distance of 30 days, the increase was already 722.6%. The digital asset could be purchased for $0.38. Capitalization -466.24 million. Trading volumes at the indicated distance - $7.53 billion. Read the full article
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cryptofuturetimes · 2 years ago
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The management of Revolut and PayPal asks to extend the MiCa compliance deadlines to the maximum
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Electronic Money Association members such as Revolut, PayPal and other companies are asking for more time before implementing the Markets in Crypto-Assets (MiCA) Regulations. Fintech organizations using cryptocurrencies are reportedly calling on European institutions to give them additional time so they can prepare to comply with the new rules. Representatives of Revolut, PayPal and other companies directly contacted the EU Ministry of Finance with a request to extend the transition period. They recalled that the new MiCA rules will apply to all countries of the Union starting in December 2024, however, some countries may shorten these deadlines. According to payment institution leaders, there may not be enough time to prepare to comply with all laws. The European institutions provide a maximum transition period for compliance with MiCA of 18 months. However, it is subject to change at the discretion of individual countries, which Revolut and PayPal do not agree with. They ask that all EU members agree on a maximum period of 18 months. Otherwise, companies will have to suspend operations in individual states for indefinite periods, which will negatively affect business. Ireland has already stated that it agrees to follow the 18-month transition period for cryptocurrency providers (CASP). Major crypto companies currently have offices in the country, including Gemini, Coinbase and Binance, which will require regulatory approvals under MiCA. As for France, the regulator Autorité des Marchés Financiers (AMF) is considering launching an “extended” registration of digital asset service providers, the DASP. The new rules will come into force in the country on January 1, 2024. In addition, the authorities also want to harmonize the licensing requirements for the European Authorization of Crypto Asset Service Providers (CASP) regulations. Read the full article
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cryptofuturetimes · 2 years ago
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Cryptocurrency Quant (QNT) Review 2024
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What is a Quant ? What does the QNT coin do? What is a Quant ? Quant is a protocol that facilitates interoperability between different types of distributed ledger technology (DLT), including blockchain. In this article “What is Quant?” We will answer the question. In addition, we will touch on other issues related to the project. What is a Quant? What is he doing? Quant Network was founded by Gilbert Verdian in 2015 with its own Quant token shortly thereafter. At its core, it is a protocol that facilitates the mass adoption of distributed ledger technology (DLT). The cul protocol allows different types of DLTs to interact with development tools for enterprise applications. The QNT coin is used to access the Quant Overledger DLT gateway. Overledger is responsible for interaction with DLT. It also allows developers to create multiple DLT applications (mApps) using the new Multi-DLT smart contracts. In addition, Quant offers interesting solutions for enterprises and developers, compatible with some of the biggest blockchains. Each of the solutions works with high scalability. However, it can be easily integrated into existing IT infrastructures. Thus, corporate access makes decentralization easier than ever before. What is QNT coin? The native ERC-20 QNT token is essential for any developer who wants to use the Overledger platform. Developers use fiat money to pay for licenses to use Quant Network services. Quant Treasury then reserves a quantity of QNT tokens equal to the value paid by the developers. Thus, these assets are blocked for 12 months. In addition, the QNT token is used by Overledger clients to pay for read and write operations. However, it is also useful for transferring assets between networks and distributed ledger systems. Fiat money is paid in exchange for QNT tokens. You need to pay for licenses online. However, paying for reads and writes does not require users to lock their QNT tokens. In order to access the Quant ecosystem and interact with Overledger, users must have a certain amount of QNT tokens. This is because the QNT token is designed to facilitate the creation, use and access of multi-chain applications (mApps) on the Quant network. How does a Quant work? Quant is a turnkey solution that integrates various blockchains and enterprise software without the need for new infrastructure. Different blockchains interact with each other using Distributed Ledger Technology (DLT) and Candidate Programming Interfaces (APIs) in the Overledger API Gateway. What is Quant How to buy QNT coin? Quant is currently listed on numerous cryptocurrency exchanges. People who want to invest in the project must open an account on one of the exchanges where the project is traded. The exchanges Quant is listed on are listed below: Binance, Bybit, BingX, KuCoin. Users who want to invest in the project must open an account on one of these exchanges. If You Want To Learn More How To Make Big Money And Passive Income With Cryptocurrency Click Here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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cryptofuturetimes · 2 years ago
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Cryptocurrency GMX Review 2024-Must Read Before You Get It
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GMX is a decentralized spot and perpetual exchange that supports low swap fees and trades with zero price impact. Trading is backed by a unique multi-asset pool that earns liquidity provider commissions for market creation, swap fees, leveraged trading (spreads, funding and liquidation fees) and asset rebalancing. Token GMX tokens can be linked between Ethereum and Arbitrum, but please do not use this feature unless absolutely necessary. All features are on Arbitrum, so there shouldn’t be a good reason to merge tokens. If you transfer tokens from Arbitrum to Ethereum, there will be a 7-day waiting period during which you will not have access to your tokens. Floor Fund The GMX token has a floor price fund in ETH and GLP. It grows in two ways: 20% of platform fees are converted into GLP and transferred to the floor fund. GMX/ETH liquidity will be provided and owned by the protocol, fees from this trading pair will be converted into GLP and deposited into the bottom price fund. The current minimum price fund can be viewed in the control panel. In the first months after launch, the goal is to maximize the bottom price fund. This will provide liquidity in GLP and ensure a reliable flow of ETH rewards for all GMX staked. As the floor price fund grows, it can eventually be used to buy back and burn GMX if (floor price fund) / (total GMX supply) is less than the market price, this will result in a floor price on GMX in terms of ETH and GLP . Supply The GMX supply at launch will be 6 million GMX tokens, with an additional 1 million GMX staking ranging from $2.00 to $20.00. Uniswap V3 for liquidity. The circulating supply after 12 months will vary depending on the number of tokens to be transferred, the number of tokens used for marketing / partnerships, and the number of tokens purchased from Uniswap. The projected maximum supply is 13.25 million GMX tokens. Minting in excess of the maximum amount of 13.25 million is controlled by a 28-day time block. This option will only be used if more products are launched and liquidity mining is required. 6 million GMX from XVIX Gambit and Migration. 2 million GMX paired with ETH for liquidity on Uniswap. 2 million GMX are reserved for the transition from the Transferred GMX award. 2 million GMX tokens will be managed by a floor price fund. 1 million GMX tokens reserved for marketing, partnerships and community developers. 250,000 GMX tokens are distributed among the team linearly over 2 years. GLP The GLP consists of an index of assets used to trade swaps and leverage. It can be minted using any index asset and burned to buy back any index asset. The minting and redemption price is calculated based on (total asset value in the index) (GLP offer). GLP token holders receive Escrowed GMX rewards and 50% platform fees distributed in ETH. Because GLP holders provide liquidity for leveraged trading, they will profit when leveraged traders incur losses and vice versa. Based on Gambit’s past PnL data, profits and losses are on average equal. Rebalancing The fees for minting GLP, writing GLP, or doing swaps will depend on whether the action improves or reduces the asset balance. For example, if an index has a high percentage of ETH and a small percentage of USDC, actions that further increase the amount of ETH the index holds will have a high fee, while actions that decrease the amount of ETH the index holds will have a low payout. The weight of the tokens can be seen on the toolbar. The average price of an asset at the time it was used to mint the GLP is used to calculate the relative asset balance. For example, if the price of ETH is $5,000 and GLP minting uses 100 ETH + $500,000, then the protocol tracks that the index consists of $500,000 in ETH and $500,000 in USD. If the price of ETH rises to $10,000, the index will still target the same balance of 100 ETH + $500,000 because the average price at the time of minting is used. Price values ​​are updated once a week, so in the example, if the price of ETH is $10,000 at the time of rebalancing, then after the price update, the index will target a composition of 75 ETH worth $750,000 + $750,000. This mechanism improves index performance by ensuring that it does not rebalance too frequently, while at the same time allowing the protocol to algorithmically maintain a balanced impact on index assets. In cases where prices fluctuate in a range for several weeks, the rebalancing mechanism can outperform a conventional buy and hold strategy. If You Want To Learn More How To Make Big Money And Passive Income With Cryptocurrency Click Here Affiliate Disclosure: The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team and please know we only recommend high quality products. Read the full article
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