🔥PayPal rolled out the news that the American clients of the payment giant will be able to use cryptocurrency (BTC, ETH, LTC, BCH) to pay in a huge number of stores connected to the system. During the operation, the cryptocurrency will be converted to fiat.
Thanks to this decision, the world is actually one step away from the really mass adoption of crypts in life. What was dreamed of in 2017 in the wildest fantasies in 2021 is a common fact in life. We live in an amazing time, gentlemen!
Thanks to this decision, the world is actually one step away from the really mass adoption of crypts in life. What was dreamed of in 2017 in the wildest fantasies in 2021 is a common fact in life. We live in an amazing time, gentlemen!
❗️Uniswap V3. Flexible fees
Flexible commissions are also another interesting addition as they increase LP rewards for delivering to more volatile pairs. Pools that are subject to significant volatility will have higher swap fees to accommodate IL risk and improve LP performance.
In addition, in the second version, Uniswap V2 introduced an additional rate of 0.05% (16.66% of the swap fee) allocated to the corporate governance treasury. In version 3, this rate is set for each pool from 10% to 25% of the LP commission.
This is how it looks using basic math:
Also, there were no details that these proceeds from the protocol would be credited to the UNI holders - all this is still in the air, but do you already understand what lies ahead?
Flexible commissions are also another interesting addition as they increase LP rewards for delivering to more volatile pairs. Pools that are subject to significant volatility will have higher swap fees to accommodate IL risk and improve LP performance.
In addition, in the second version, Uniswap V2 introduced an additional rate of 0.05% (16.66% of the swap fee) allocated to the corporate governance treasury. In version 3, this rate is set for each pool from 10% to 25% of the LP commission.
This is how it looks using basic math:
Also, there were no details that these proceeds from the protocol would be credited to the UNI holders - all this is still in the air, but do you already understand what lies ahead?
CoinMarketCap has gone a little crazy and shows the price of bitcoin about $ 500-700 more than it is on the market or even on Binance 🤨
Bitcoin is correcting, the next strong support at $ 56,600 may well reverse. But if the fall continues, the road opens up to $ 50,000 with all the ensuing consequences for altcoins 😳
Today is a holiday for XRP holders, overnight the coin has grown by 20% to $ 0.73. The reason was the news that the court satisfied the Ripple petition to partially conceal the correspondence of the company's CEO and rumors about the preparation of the Coinbase crypto exchange to restore XRP trading 🥳
BitTorrent made another + 60% per day and at some point even hit the top 10 cryptocurrencies in terms of capitalization. TRON is growing behind it, the current rate is $ 0.136 🤑
Bitcoin is correcting, the next strong support at $ 56,600 may well reverse. But if the fall continues, the road opens up to $ 50,000 with all the ensuing consequences for altcoins 😳
Today is a holiday for XRP holders, overnight the coin has grown by 20% to $ 0.73. The reason was the news that the court satisfied the Ripple petition to partially conceal the correspondence of the company's CEO and rumors about the preparation of the Coinbase crypto exchange to restore XRP trading 🥳
BitTorrent made another + 60% per day and at some point even hit the top 10 cryptocurrencies in terms of capitalization. TRON is growing behind it, the current rate is $ 0.136 🤑
Monero ($ XMR) is the most successful coin among those that provide complete privacy of monetary transactions. According to statistics, this cryptocurrency is the absolute and indisputable leader among such coins.
In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).
This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter.
In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).
This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter.
Why did cryptocurrencies start to grow so powerfully? Retail has begun to actively purchase cryptocurrencies.
The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors 📈
Institutional Demand + Population Demand = Crazy Bull Market
There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent 😂
The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years
The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors 📈
Institutional Demand + Population Demand = Crazy Bull Market
There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent 😂
The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years
Looking for dark horses that can still shoot in the medium to long term? It seems that Adam Cochran, a cryptanalyst, was able to find such a coin.
$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.
When comparing the two companies, it turns out that:
- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase
Wherein :
- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)
- $ FTT can be used as collateral on the exchange
- $ FTT will benefit from the FTX Insurance Fund
- $ FTT token can be staked
- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%)
$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.
When comparing the two companies, it turns out that:
- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase
Wherein :
- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)
- $ FTT can be used as collateral on the exchange
- $ FTT will benefit from the FTX Insurance Fund
- $ FTT token can be staked
- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%)
Summing up the results of the financial week:
▪️ The S&P 500 experienced a minor correction on Monday and Tuesday, but then reversed and ended the week near its highs. Investors were impressed by Biden's plans to raise taxes for the rich from 23.8% to 43.4%, but did not stop them from continuing to buy shares 🤑
▪️ Gold failed to rise above the important level of $ 1,800, but according to TA the rate is now above the downtrend line. To return to growth, the bulls should not let the price go below $ 1,760 🙃
▪️ The S&P 500 experienced a minor correction on Monday and Tuesday, but then reversed and ended the week near its highs. Investors were impressed by Biden's plans to raise taxes for the rich from 23.8% to 43.4%, but did not stop them from continuing to buy shares 🤑
▪️ Gold failed to rise above the important level of $ 1,800, but according to TA the rate is now above the downtrend line. To return to growth, the bulls should not let the price go below $ 1,760 🙃
Binance will launch its NFT platform in June. Knowing how carefully the exchange approaches the choice of areas of work, you can safely wait for a new hype in the field of NFT. Now, of course, is not the best time to select specialized projects like THETA or, for example, ENJ, but when the market stabilizes, you can make good money on them🚀🔥
Day summary, April 30
💳 Mastercard is exploring the possibility of introducing smart contracts into digital currencies of central banks.
🇹🇷 In Turkey, a ban on cryptocurrencies came into force today.
💸 USDC has printed a record 3 billion tokens today.
🌏 War of hash rates: the battle between the United States and China for blockchain supremacy.
💸 MicroStrategy reported earnings for Q1 2021 and promised to continue investing in Bitcoin.
🇺🇿 Uzbekistan plans to legalize cryptocurrency trading.
⚒ NVIDIA is preparing to release a new series of equipment codenamed LHR (Lite Hash Rate), in which it will re-introduce restrictions on the production of cryptocurrencies.
💳 Mastercard is exploring the possibility of introducing smart contracts into digital currencies of central banks.
🇹🇷 In Turkey, a ban on cryptocurrencies came into force today.
💸 USDC has printed a record 3 billion tokens today.
🌏 War of hash rates: the battle between the United States and China for blockchain supremacy.
💸 MicroStrategy reported earnings for Q1 2021 and promised to continue investing in Bitcoin.
🇺🇿 Uzbekistan plans to legalize cryptocurrency trading.
⚒ NVIDIA is preparing to release a new series of equipment codenamed LHR (Lite Hash Rate), in which it will re-introduce restrictions on the production of cryptocurrencies.
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When a new DEX enters the market it does its best to attract liquidity from other protocols – and that’s why you’re lucky to be reading this post.
EmiSwap AMM DEX offers UNBELIEVABLY high rewards for liquidity miners, compensates 100% Ethereum gas fees, and distributes NFT items among LPs!
Don't pass up this opportunity. Get in early to make the best of this exciting DeFi novice.
Just visit their website and add liquidity to the protocol tonight. Mass marketing is coming!