CRYPTO 4 LIGHT
5.75K subscribers
6.07K photos
40 videos
15 files
5.67K links
πŸ’Ž Crypto4light official links - https://t.me/crypto4light/3197
Download Telegram
Crypto its not only trading, nft, testnets or so. You can find a real job here even if you dont have any knowledge with coding. You can be a graphic designer for example, or social comunity moderator. There a tons of projects around, and i made a article with links to few resourses where you can looking and find a job.
https://telegra.ph/How-to-find-a-job-in-crypto-02-19
#instruments
πŸ—“ Polygon zkEVM mainnet will be launched on March 27th!

Get ready, this year you will hear more and more about this technology.

In recent days, 2 major projects at once have announced that they plan to launch zkEVM in the coming months: Polygon and zkSync.

zkEVM is a new scaling solution for Ethereum that significantly increases its throughput and reduces transaction costs.

You can compare it with Optimism or Arbitrum, only with ZK technology.

Right now, 5 major projects are developing their own variations of zkEVM: Polygon, zkSync, StarkNET, Scroll, Applied ZKP.

All of them are in the final stages of testing and will be released this year.
#matic
Monday 20 February
πŸ”₯USA - No auction - Presidents' Day, Washington's Birthday
πŸ‡¨πŸ‡¦Canada - No auction - Family Day
πŸ‡¨πŸ‡³China - NBK Base Lending Rate
πŸ‡ͺπŸ‡ΊEU - Consumer Confidence Level (February)

Tuesday 21 February
πŸ‡―πŸ‡΅Japan - Manufacturing/Services/Compposite PMI (February)
πŸ‡©πŸ‡ͺGermany - Manufacturing/Services/Compposite PMI (February)
πŸ‡ͺπŸ‡ΊEU - Manufacturing/Services/Compposite PMI (February)
πŸ‡¬πŸ‡§United Kingdom - Manufacturing/Services/Compposite PMI (February)
πŸ‡ͺπŸ‡ΊEU - ZEW Economic Sentiment (February)
πŸ‡¨πŸ‡¦Canada - CPI Consumer Inflation (January)
πŸ”₯USA - Manufacturing/Services/Compposite PMI (February)
πŸ‡ΊπŸ‡ΈUSA - Existing Home Sales (January)

Wednesday 22 February
πŸ‡³πŸ‡ΏNew Zealand - Central Bank interest rate decision
πŸ‡©πŸ‡ͺGermany - CPI Consumer Inflation (January)
πŸ‡¨πŸ‡­Switzerland - ZEW Expectations (February)
πŸ‡©πŸ‡ͺGermany - Ifo Business Climate (February)
πŸ”₯USA - Publication of the FOMC protocol ("Fed minutes")

Thursday 23 February
πŸ‡―πŸ‡΅Japan - No auction - Emperor's birthday
πŸ‡ΊπŸ‡ΈUSA - API Weekly Crude Oil Inventory
πŸ‡ΊπŸ‡ΈUSA - Speech by Fed member Williams
πŸ‡­πŸ‡°Hong Kong - Consumer inflation and GDP in 4Q.
πŸ‡ͺπŸ‡ΊEU - Consumer inflation CPI (January)
πŸ‡ΉπŸ‡·Turkey - Central Bank Rate
πŸ”₯USA - Initial Jobless Claims
πŸ”₯USA - GDP (4th quarter, 2nd reading)
πŸ‡ΊπŸ‡ΈUSA - Speech by Bostic, member of the Fed
πŸ‡ΊπŸ‡ΈUSA - Crude Oil Reserves

Friday 24 February
πŸ‡―πŸ‡΅Japan - CPI Consumer Inflation (January)
πŸ‡©πŸ‡ͺGermany - Speech by the President of the Bundesbank Nagel
πŸ‡©πŸ‡ͺGermany - GDP (Q4)
πŸ”₯USA - Core Personal Consumption Expenditure Price Index (January)
πŸ‡ΊπŸ‡ΈUSA - Consumer Confidence (February)
πŸ‡ΊπŸ‡ΈUSA - New Home Sales (January)
πŸ‡ΊπŸ‡ΈUSA - Speech by Fed Member Mester
πŸ‡ΊπŸ‡ΈUSA - Fed member speech Jefferson
πŸ‡ΊπŸ‡ΈUSA - Number of active drilling rigs from Baker Hughes
One more time about #MATIC
πŸ€”The largest decentralized social network on Polygon is about to be released!

Lens is a protocol for creating social networks on the blockchain. Lenster, the Lenster video platform, the popular orb app, and dozens of other dApps already work on its basis.

Now Lens Protocol is at the stage of closed testing. Only 100,000 people who applied for participation in 2022 and received special NFT profiles have access to decentralized social networks.

πŸͺ‚ Most likely, in the coming weeks they will hold an Airdrop of LENS tokens for early users and begin to collect new applications for registration.

This can be a powerful advertisement for decentralized social networks and attract many new users.

It is also a good boost for the Polygon blockchain β€” it is on it that the Lens social networks work.
πŸ’° What to use instead of BUSD?

The stablecoin BUSD will most likely cease to exist in the next few years if the SEC still recognizes it as a security.

Now there are only 5 reliable and time-tested stablecoins on the market:

🏦 4 fully centralized:

β€’ Tether (USDT) - issued by Tether Limited and Bitfinex
β€’ USD Coin (USDC) - issued by regulated financial institutions Circle and Coinbase
β€’ TrueUSD (TUSD) is a stablecoin from TrustToken, a real asset tokenization platform
β€’ Pax Dollar (USDP) - Issued by the financial institution Paxos, the reserves are insured by the FDIC.

🌐 1 decentralized:

β€’ DAI - issued by the MakerDAO protocol and regulated by smart contracts. All Dai tokens are over-collateralized (150%) in the form of cryptocurrencies (mainly ETH, USDC, WBTC, TUSD).

The downside is that DAI is partially backed by USDC. This makes it dependent on Circle decisions. But the team is aware of this problem and they are trying to reduce the share of USDC in providing DAI.

Also, the largest DeFi platforms Aave and Curve Finance may soon issue their own stablecoins that will compete with DAI.

βš–οΈ What to choose?

β€’ For long-term storage of large amounts, it is better to diversify your funds between different stablecoins. For example, allocate a portfolio between USDT, USDC and DAI.

β€’ In the P2P market, USDT is almost a monopolist, there are no alternatives with such a volume and variety of pairs. Therefore, it is better to use USDT for P2P trading.

β€’ On exchanges, USDT has the most liquidity, so you get a fair market price when you exchange.

As you can see, it all depends on the situation. In most cases, you simply cannot avoid USDT and USDC. For active users, USDT is best suited due to its liquidity and prevalence.
#stablecoins
πŸ‘3
πŸ”₯ Why is coin burning an ingenious mechanism?

Most cryptocurrencies are constantly issuing new tokens into circulation to reward miners or stakers who keep the blockchain running and process transactions.

This is a cool mechanism that helps keep the blockchain decentralized and secure.

But it has a downside: the release of new coins creates constant pressure on the cryptocurrency rate.

This can be compared to the US Federal Reserve's printing press, which accelerates inflation and devalues dollars.

βš–οΈ How to solve this problem without harming decentralization and security?

The easiest way is to add automatic coin burning to the blockchain.

For example, in the Ethereum blockchain in mid-2021, a mechanism appeared that burns some ETH after each transaction. Since its launch, this mechanism has already destroyed 2.8 million ETH.

It solves 2 important problems at once:
β€’ Reduces the number of coins in circulation, which is generally beneficial for the network
β€’ Reduces "dilution" of tokens (decrease in the value of cryptocurrency due to the issuance of new tokens)

The second point is especially important here. The course of a huge number of tokens is falling endlessly due to the fact that projects are constantly printing new tokens and thus β€œdiluting” their value.

Therefore, when analyzing cryptocurrencies, it is important to pay attention to the burning mechanism.

It not only reduces the number of coins in circulation, but also reduces the depreciation of the cryptocurrency due to the introduction of new coins into circulation.
#eth
Why is the number of Ethereum validators constantly growing?

At the end of 2020, ETH staking was launched. This means that you could become a validator, freeze your ETH and receive passive income for supporting the Ethereum blockchain.

Since then, the number of #ETH validators (stakers) has been constantly growing.

At the moment, Ethereum is supported by more than 500,000 validators who have frozen more than 16 million ETH in the protocol and receive about 5% per annum for this.

πŸ€” Why does the number of validators never decrease?

Validators simply cannot withdraw ETH and rewards from staking. such a rule)

If you staked 32 ETH in December 2020, you would still not be able to withdraw your coins.

The ability to withdraw ETH will be the main innovation in the Shanghai update, which will be released in March this year. Validators will be able to withdraw their coins from staking after almost 3 years.

But that's not all: for the stability and security of the network, the validator will have to stand in line for the withdrawal of ETH. According to some forecasts, at first the queue may stretch for 70+ days.

πŸ“‰ What will happen when the developers open the β€œdoors” for ETH withdrawal?

Many expect strong volatility in the price of ETH after the update, because some validators staked ETH when it was worth about $500 – and some of them will want to take profits.

We are waiting for "analysts" who will predict the collapse of ETH and distribute FUD. But it is better to simply ignore this event than to try to capitalize on artificially dispersed panic and "play in the casino."

Another topic that many are worried about is the decrease in the number of ETH validators after the update. This will reduce the security and decentralization of Ethereum.

This is not something to worry about either, because reducing the number of validators increases the reward for staking, which incentivizes new validators to join staking.
πŸ‘1
Unlocks

🀝All information on the link - https://token.unlocks.app/
πŸ™4πŸ‘1
Second List what you can follow - Crypto NEWS
Don't need follow many accounts, just follow one list and keep your feed clean!
Follow LIST - CLICK

#instruments
πŸ”₯Made a new cheat list how to read Price and Open Interest
Where to check Open Interest?!
1 - CryptoQuant
2 - Coinglass
#instruments
πŸ˜‰This channel watch just a small group of people
When I start post about ICP, XCH, DYDX, ALGO, JUP, ZIL chart looks really ugly, and most likely people write "Oh its a scam coins".
But behind a chart always psychology, and many things what people dont understand for long term. Step by step this projects waking up. And its just a beginning.
CHIA finally update a roadmap
Lets see how all this coin play out in 2025 🀫
Before jump in any of this coin,dyor.
πŸ‘1
List of all coins related to China in one way or another, which are on Binance πŸ‘€

The tokens with the largest partnerships in China are highlighted in red.

If you follow me on twitter you remember when i post EOS will be so huge next bull run. A lot of things behind the crypto. (macro)
❀4πŸ‘1
Market Mood
Bitcoin - $24,892 (+1.8%)
Ethereum - $1,698 (+0.6%)
BNB - $315 (-0.3%)
XRP - $0.397 (+1.5%)
Cardano - $0.402 (-0.2%)
Polygon - $1.460 (-1.8%)


Bitcoin dominance - 42.6%
Market capitalization - $1 trillion
Capitalization of DeFi - $50.76 billion

Index of fear and greed - 60 (Greed)
Guys found an awesome detailed article! Everything what you need to know about #ICP
https://messari.io/report/an-introduction-to-dfinity-and-the-internet-computer
πŸ‘3
Sp500. Everything from last video and December Bitcoin global plan video going step by step like playbook. But lets see what will be next, cuz have a few thoughts on macro (not crypto) what can happen really soon. #sp500