How the Solana Office Has Changed in 5 Years Since the Project's Launch
They started, as it should beโ in a garage.๐
Starting in a garage is almost a rite of passage for many tech startups. ๐
Crypto News | Lessonsโ
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They started, as it should beโ in a garage.๐
Starting in a garage is almost a rite of passage for many tech startups. ๐
Crypto News | Lessons
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๐ฎ๐ณ JUST IN: Bitget is pursuing regulatory compliance in India.
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Crypto News | Lessonsโ
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Crypto News | Lessons
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Inflation in cryptocurrencies
In the crypto world, just as in the real world, there is inflation, an asset depreciating over time.
Inflation in cryptocurrencies occurs when too many new coins are issued.
A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year.
Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation.
But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%โ3%โ4% annual inflation has almost no effect on anything.
However, if you come across a coin with suspicious tokenomicsโe.g., theyโve made it possible to issue an unlimited number of tokens during any periodโthis should definitely be taken into account when making investment decisions.
English | Crypto Academyโ
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In the crypto world, just as in the real world, there is inflation, an asset depreciating over time.
Inflation in cryptocurrencies occurs when too many new coins are issued.
A clear example is the cryptocurrency Dogecoin (DOGE). Dogecoin has no limit on the number of coins that can be issued, and up to 5.2 billion new DOGE can be created each year. Similarly, when new dollars are printed, Dogecoin depreciates slightly each year.
Bitcoin, on the other hand, is not subject to inflation; since the total number of Bitcoin can never exceed 21 million, the coin is protected from depreciation.
But frankly speaking, investors barely pay attention to this. Since crypto is very volatile, this 2%โ3%โ4% annual inflation has almost no effect on anything.
However, if you come across a coin with suspicious tokenomicsโe.g., theyโve made it possible to issue an unlimited number of tokens during any periodโthis should definitely be taken into account when making investment decisions.
English | Crypto Academy
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Scammers Fell for Their Own Trick and Lost 10 ETH ($30,000)! ๐
๐ The notorious group Pink Drainer, known for stealing cryptocurrency from wallets, became victims of an address poisoning attack (spam transactions). ๐
๐งช Spam transaction fraud occurs when scammers send small amounts to a wallet from addresses that resemble the user's address. Some users copy addresses from their recent transaction history when sending funds, leading to the loss of crypto assets. Recently, a user lost 1,155 WBTC due to such a scheme (the funds were later returned).
English | Crypto Academyโ
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๐ The notorious group Pink Drainer, known for stealing cryptocurrency from wallets, became victims of an address poisoning attack (spam transactions). ๐
๐งช Spam transaction fraud occurs when scammers send small amounts to a wallet from addresses that resemble the user's address. Some users copy addresses from their recent transaction history when sending funds, leading to the loss of crypto assets. Recently, a user lost 1,155 WBTC due to such a scheme (the funds were later returned).
English | Crypto Academy
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Crypto Investing Strategies: Long-term vs. Short-term
When considering long-term vs. short-term crypto investing strategies, it's important to understand their differences and benefits:
โญ๏ธ Long-term Investing:
๐ข Focus: Long-term investors prioritize the fundamental value of a cryptocurrency project and its potential for sustained growth over time.
๐ข Hold Period: They typically hold onto their investments for months to years, aiming to capitalize on the overall upward trajectory of the market.
๐ข Benefits: Long-term investors benefit from the compounding effect of market growth and are less affected by short-term price fluctuations.
๐ข Risk Management: They are generally less concerned with day-to-day volatility and focus on the project's fundamentals and long-term viability.
๐ข Strategies: Dollar-cost averaging (DCA) and buying and holding are common long-term strategies.
To be continued๐บ
English | Crypto Academyโ
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When considering long-term vs. short-term crypto investing strategies, it's important to understand their differences and benefits:
To be continued
English | Crypto Academy
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The Crypto Fear and Greed Index provides a score of 0 to 100 for crypto market sentiment. Itโs based on the CNNMoney Fear and Greed Index for analyzing the stock market.
Fear (a score of 0 to 49) indicates undervaluation and excess supply in the market. Greed (a score of 50 to 100) suggests an overvaluation of cryptocurrencies and a possible bubble.
โก 0-24: Extreme fear (orange)
โก 25-49: Fear (amber/yellow)
โก 50-74: Greed (light green)
โก 75-100: Extreme greed (green)
Noticing changes in the level of fear and greed can become part of your trading strategy when choosing to enter or exit the crypto market.
English | Crypto Academyโ
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Fear (a score of 0 to 49) indicates undervaluation and excess supply in the market. Greed (a score of 50 to 100) suggests an overvaluation of cryptocurrencies and a possible bubble.
Noticing changes in the level of fear and greed can become part of your trading strategy when choosing to enter or exit the crypto market.
English | Crypto Academy
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English | Crypto Learn
Crypto Investing Strategies: Long-term vs. Short-term When considering long-term vs. short-term crypto investing strategies, it's important to understand their differences and benefits: โญ๏ธ Long-term Investing: ๐ข Focus: Long-term investors prioritize theโฆ
Choosing between long-term and short-term strategies depends on factors such as risk tolerance, investment goals, and time commitment. Some investors may opt for a combination of both strategies to diversify their portfolio and manage risk effectively.
English | Crypto Academy
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Support level and resistance level
Todayโs post is serving up a little bit of trading theory, so letโs discuss two important concepts.
โSupportโ and โresistanceโ levels are key terms in the cryptocurrency market.
A support level is a price point where a coinโs rate falls but cannot break down. That is, investors consider this point attractive to buy the asset and, thus, stop its fall by actively buying.
A resistance level is a price point that a coinโs rate is hitting but cannot overcome upward. Because investors begin to sell actively, and the price goes down.
Analyzing these levels helps to predict further price movements and form a successful trading strategy.
English | Crypto Academyโ
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Todayโs post is serving up a little bit of trading theory, so letโs discuss two important concepts.
โSupportโ and โresistanceโ levels are key terms in the cryptocurrency market.
A support level is a price point where a coinโs rate falls but cannot break down. That is, investors consider this point attractive to buy the asset and, thus, stop its fall by actively buying.
A resistance level is a price point that a coinโs rate is hitting but cannot overcome upward. Because investors begin to sell actively, and the price goes down.
Analyzing these levels helps to predict further price movements and form a successful trading strategy.
English | Crypto Academy
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Are crypto transactions anonymous?
Crypto transactions on blockchains are โpseudonymous,โ meaning they can be traced to wallet addresses (via public keys) but have no direct connection with peopleโs identities.
Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses โ all of this data is impossible to conceal.
However, if you use a non-custodial wallet, it will be impossible to identify you as the walletโs owner (unless you deanonymize yourself).
For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.
Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.
English | Crypto Academyโ
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Crypto transactions on blockchains are โpseudonymous,โ meaning they can be traced to wallet addresses (via public keys) but have no direct connection with peopleโs identities.
Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses โ all of this data is impossible to conceal.
However, if you use a non-custodial wallet, it will be impossible to identify you as the walletโs owner (unless you deanonymize yourself).
For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.
Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.
English | Crypto Academy
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4 Mistakes New Crypto Investors Make
1๏ธโฃ Following Hype: The crypto market is prone to hype. Simpleatom's approach, based on thorough market analysis, emphasizes decisions made on solid data over temporary trends.
2๏ธโฃ Overlooking Risk Management: Newbies often neglect risk management. Simpleatom's algorithm aims to reduce losses, emphasizing the importance of stop-loss orders and diversification.
To be continuedโ๏ธ
English | Crypto Academyโ
๏ธ
To be continued
English | Crypto Academy
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English | Crypto Learn
4 Mistakes New Crypto Investors Make 1๏ธโฃ Following Hype: The crypto market is prone to hype. Simpleatom's approach, based on thorough market analysis, emphasizes decisions made on solid data over temporary trends. 2๏ธโฃ Overlooking Risk Management: Newbiesโฆ
Decisions driven by emotions can be detrimental. Simpleatom automates trading to remove bias and ensure decisions are data-driven.
Security is sometimes underestimated by new investors. Platforms like Simpleatom keep funds in the investor's account, highlighting the importance of security measures.
English | Crypto Academy
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Ethereum ETFs Expected to Officially Launch on July 23
The US Securities and Exchange Commission (SEC) is set to officially launch Spot Ethereum ETFs on July 23rd. Bloomberg analyst Eric Balchunas revealed that both issuers and the SEC are gearing up for this debut, with a deadline for final S-1 form submissions by Wednesday.
ETF expert Nate Geraci emphasized the potential significant impact of this launch on the crypto market. The timing coincides with the largest Bitcoin conference of the year, marking an exciting week for the cryptocurrency industry.
With this launch, Bitcoin and Ethereum will become the only cryptocurrencies with an ETF in the US, leading to speculation about the next possible candidate, with Solana being a strong contender.
English | Crypto Academyโ
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The US Securities and Exchange Commission (SEC) is set to officially launch Spot Ethereum ETFs on July 23rd. Bloomberg analyst Eric Balchunas revealed that both issuers and the SEC are gearing up for this debut, with a deadline for final S-1 form submissions by Wednesday.
ETF expert Nate Geraci emphasized the potential significant impact of this launch on the crypto market. The timing coincides with the largest Bitcoin conference of the year, marking an exciting week for the cryptocurrency industry.
With this launch, Bitcoin and Ethereum will become the only cryptocurrencies with an ETF in the US, leading to speculation about the next possible candidate, with Solana being a strong contender.
English | Crypto Academy
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Crypto Speak: Circulating supply
The term may look complicated, but itโs actually simple. Itโs the number of coins that have already been issued and are available for trading on the market.
This does not include coins blocked or held by founders, only those in circulation among regular users.
โCirculating supplyโ is one of the most important factors in analyzing any crypto project.
English | Crypto Academyโ
๏ธ
The term may look complicated, but itโs actually simple. Itโs the number of coins that have already been issued and are available for trading on the market.
This does not include coins blocked or held by founders, only those in circulation among regular users.
โCirculating supplyโ is one of the most important factors in analyzing any crypto project.
English | Crypto Academy
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Crypto Fun Facts ๐ก
Lost Bitcoins: It's estimated that around 20% of all bitcoins in existence are lost forever, either because people have lost access to their wallets or because they've been intentionally destroyed.
Mining Energy Consumption: Bitcoin mining consumes a significant amount of energy, with estimates suggesting it consumes more electricity than some small countries. This has led to debates about its environmental impact.
Crypto Billionaires: The rapid rise of cryptocurrencies has created a new breed of billionaires, with some early investors and founders of crypto projects amassing vast fortunes seemingly overnight.
English | Crypto Academyโ
๏ธ
Lost Bitcoins: It's estimated that around 20% of all bitcoins in existence are lost forever, either because people have lost access to their wallets or because they've been intentionally destroyed.
Mining Energy Consumption: Bitcoin mining consumes a significant amount of energy, with estimates suggesting it consumes more electricity than some small countries. This has led to debates about its environmental impact.
Crypto Billionaires: The rapid rise of cryptocurrencies has created a new breed of billionaires, with some early investors and founders of crypto projects amassing vast fortunes seemingly overnight.
English | Crypto Academy
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1๏ธโฃ What Is Crypto Arbitrageโ
Crypto arbitrage trading โ it is a trading strategy, which consists in simultaneous buying and selling of cryptocurrency on different crypto exchanges in order to profit from the difference in its prices. Arbitrage crypto is based on the principle of inefficient markets, where a token or coin may trade cheaper on one exchange and more expensive on another. Using this difference, traders can quickly buy an asset on one market and sell it on another, capitalizing on the price difference.
2๏ธโฃ How Does Crypto Arbitrage Trading Work?โ
โ Market Monitoring: A trader starts by monitoring cryptocurrency prices on various exchanges. Crypto prices can vary due to different levels of liquidity, trading volume, and other factors. Using specialized monitoring software or platforms, the trader finds arbitrage bundles.
โ Buying cryptocurrency: The trader buys a cryptocurrency on an exchange where it trades at a lower price. The marketโs liquidity must be considered to purchase the required amount of cryptocurrency without significantly affecting the price.
โ Funds Transfer: The purchased cryptocurrency is transferred to another exchange, where it is traded at a higher price.
3๏ธโฃ How to simplify the cryptocurrency arbitrage process?๐
There are crypto experts and teams that quite realistically give working signals on crypto arbitrage for a % of your profit, on average it is 15-20%.
โ We can recommend the expert @AdlerD_safeX for our subscribers he will give 3 free signals to make sure that the signals are profitable๐ฐ
4๏ธโฃ How much you can make. Real figures !๐ฐ๐ฏ
In the market it is considered that 3-4% from one round is the standard figures that can be earned. It turns out that with an investment of $1000, you earn $40 from one round, which takes 20-30 minutes.
For the most part, your earnings depend on the quality of the bundle, so it's best to enlist the help of experts in the field.
โก๏ธ For subscribers of our channel @AdlerD_safeX prepared 3 free signals, don't miss the moment๐
Crypto arbitrage trading โ it is a trading strategy, which consists in simultaneous buying and selling of cryptocurrency on different crypto exchanges in order to profit from the difference in its prices. Arbitrage crypto is based on the principle of inefficient markets, where a token or coin may trade cheaper on one exchange and more expensive on another. Using this difference, traders can quickly buy an asset on one market and sell it on another, capitalizing on the price difference.
2๏ธโฃ How Does Crypto Arbitrage Trading Work?โ
โ Market Monitoring: A trader starts by monitoring cryptocurrency prices on various exchanges. Crypto prices can vary due to different levels of liquidity, trading volume, and other factors. Using specialized monitoring software or platforms, the trader finds arbitrage bundles.
โ Buying cryptocurrency: The trader buys a cryptocurrency on an exchange where it trades at a lower price. The marketโs liquidity must be considered to purchase the required amount of cryptocurrency without significantly affecting the price.
โ Funds Transfer: The purchased cryptocurrency is transferred to another exchange, where it is traded at a higher price.
3๏ธโฃ How to simplify the cryptocurrency arbitrage process?๐
There are crypto experts and teams that quite realistically give working signals on crypto arbitrage for a % of your profit, on average it is 15-20%.
โ We can recommend the expert @AdlerD_safeX for our subscribers he will give 3 free signals to make sure that the signals are profitable๐ฐ
4๏ธโฃ How much you can make. Real figures !๐ฐ๐ฏ
In the market it is considered that 3-4% from one round is the standard figures that can be earned. It turns out that with an investment of $1000, you earn $40 from one round, which takes 20-30 minutes.
For the most part, your earnings depend on the quality of the bundle, so it's best to enlist the help of experts in the field.
โก๏ธ For subscribers of our channel @AdlerD_safeX prepared 3 free signals, don't miss the moment๐
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Why is Crypto So Volatile?Understanding Market Movements
Cryptocurrencies are known for their high volatility. Here's why:
1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.
2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.
3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.
As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.
English | Crypto Academyโ
๏ธ
Cryptocurrencies are known for their high volatility. Here's why:
1. Market Immaturity: Cryptocurrencies are still in their early stages, leading to ongoing price discovery and high volatility. Unique supply dynamics, such as Bitcoin's fixed supply, add to this unpredictability. The market's youth means it reacts more sharply to new participants and information, making it inherently risky.
2. Small Market Cap: The relatively small market cap of cryptocurrencies compared to traditional assets means that large trades can significantly impact prices. The influence of "whales" (large holders) and the lack of comprehensive regulation or circuit breakers further exacerbate price swings.
3. Investor Sentiment: Retail investors, who often lack extensive market experience, dominate the crypto space. Their reactions to events like corporate investments or regulatory news drive significant volatility. Positive or negative news can lead to rapid price movements as sentiment shifts.
As the market matures and regulatory frameworks develop, volatility might decrease. However, understanding these dynamics is crucial for anyone navigating the world of cryptocurrencies.
English | Crypto Academy
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Ethereum ETF Trading Has Started! ๐
๐ The market now offers 9 funds from Grayscale, Franklin Templeton, VanEck, Bitwise, 21Shares, BlackRock, Fidelity, and Invesco Galaxy.
๐ฐ The initial asset level of these funds is $10.255 billion. According to Bloomberg analyst James Seyffart, a significant portion of these assets consists of ETH.
Eric Balchunas expects an inflow of about 20% of BTC ETF's first-year inflow ($5-6 billion).
So far, Ethereum hasn't shown much reaction to the launch ๐ณ
English | Crypto Academyโ
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๐ The market now offers 9 funds from Grayscale, Franklin Templeton, VanEck, Bitwise, 21Shares, BlackRock, Fidelity, and Invesco Galaxy.
๐ฐ The initial asset level of these funds is $10.255 billion. According to Bloomberg analyst James Seyffart, a significant portion of these assets consists of ETH.
Eric Balchunas expects an inflow of about 20% of BTC ETF's first-year inflow ($5-6 billion).
So far, Ethereum hasn't shown much reaction to the launch ๐ณ
English | Crypto Academy
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Ferrari to Start Accepting Cryptocurrencies in Europe ๐
Previously, the company began accepting cryptocurrency in the US in partnership with BitPay.
Specifically, Ferrari accepts BTC, ETH, and USDC.๐ฐ
By the end of 2024, the company plans to expand this service to other markets. ๐ง
English | Crypto Academyโ
๏ธ
Previously, the company began accepting cryptocurrency in the US in partnership with BitPay.
Specifically, Ferrari accepts BTC, ETH, and USDC.๐ฐ
By the end of 2024, the company plans to expand this service to other markets. ๐ง
English | Crypto Academy
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๐ต๏ธโโ๏ธ The Kraken exchange, actively used for distributing bitcoins to Mt. Gox creditors, is experiencing a significant outflow.
This indicates that Mt. Gox coins are being withdrawn from the exchange. Even if they were sold, they are now being taken out by new holders. ๐ค
In simpler terms โ there is no panic in the market regarding Mt. Gox sell-offs. ๐ช
English | Crypto Academyโ
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This indicates that Mt. Gox coins are being withdrawn from the exchange. Even if they were sold, they are now being taken out by new holders. ๐ค
In simpler terms โ there is no panic in the market regarding Mt. Gox sell-offs. ๐ช
English | Crypto Academy
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