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2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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Looking ahead into 2024, we are faced with the prospect of a BTC “halvening” in April, historically a positive event for crypto. However, the broader macroeconomic conditions have signalled some signs of instability. Bitcoin’s ongoing correlation with stock markets adds an extra layer of complexity to the equation. The outcome hinges on the messaging from the Fed — and decisions made by the Securities and Exchange Commission (SEC) regarding spot ETFs. If the macroeconomic backdrop remains uncertain, the Fed may pivot toward rate cuts, potentially altering the trajectory of both traditional and digital asset markets. The SEC's Allegations in Context Admin Telegram post stating the official addresses for LSC contracts 'NFTMerge' and 'AwardCenter.' Source: Certik. Starbucks has released an open-edition set of Pumpkin Spiced Latte NFTs on the Nifty Gateway marketplace.

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Love him or hate him, when Arthur Hayes speaks, people listen. Last week, as a guest on Impact Theory with Tom Bilyeu, Hayes made the case for why he believes Bitcoin (BTC) price will hit $750,000 to $1 million by 2026.Hayes said,“I absolutely agree that there is going to be a major financial crisis, probably as bad or worse than the great depression, sometime near the end of the decade, before we get there we’re gonna have, I think, the largest bull market in stocks, real estate, crypto, art, you name it, that we’ve ever seen since WW2.” Hayes cites the nearly-predictable response of the United States government rushing in to intervene in every economic crisis with a bail out as a key catalyst behind the structural problems in the US economy. He explained that this essentially creates an endless cycle of central bank printing, which leads to inflation and prevents the economy from going through natural market cycles of growth and correction. “We all have collectively agreed that the government is there essentially to attempt to remove the business cycle. Like, there should never be bad things that happen to the economy and if there are, we want the government to come in and destroy the free market. So every time we’ve had a financial crisis over the past 80 years. What happens? The government rushes in and they essentially destroy some part of the free market because they want to save the system.”Let’s take a quick look at a few of the catalysts that Hayes believes will back Bitcoin’s move into six-figure territory. Mounting debt and out of control inflation. According to Hayes, mounting government debt, a large amount that needs to be rolled over, and diminishing productivity can only be addressed with money printing. While monetary expansion does lead to bull markets, the consequence tends to be high inflation. “In the first instance it creates a massive bull market in stocks, crypto, real estate, things that have a fixed supply, maybe they’re productive and have some earnings. But after that, we’re going to find out that, actually, the government can save everything. It can’t just print as much money as they think to try to save themselves by fixing the yield and price of their bonds and we’re going to get a generational collapse.” Hayes expects a “massive top” at some point in 2026, followed by a great depression-like situation occurring by the end of the decade.The US Government bankrupted the banking systemWhen asked about future contributors to inflation, Hayes zoned in on the $7.75 trillion in US debt that must be rolled over by 2026 and the yield curve inversion in US bonds. Traditionally China, Japan and other nations were the main buyers of US debt but this is not the case anymore, a change which Hayes believes will exacerbate the situation in the states. Why do I love these markets right now when yields are screaming higher? Bank models have no concept of a bear steepener occurring. Take a look at the top right quadrant of historical interest rate regimes.It's basically empty. pic.twitter.com/P6MQnCU73N— Arthur Hayes (@CryptoHayes) October 4, 2023 Finally, PnL also includes fees like exchange commissions. Nigeria will soon recognise cryptocurrencies as legalCowen recognizes that The Merge, with its deflationary component, could mean ETH might not toe its historical line. This deflationary aspect could be Ethereum’s wild card, making its trajectory even more elusive. “I had long been optimistic that we could power through this transition without layoffs, but in retrospect, I see that this was unrealistic,” Sweeney added.

As mentioned above, a DAO is an organization where decisions get made and voted on by members. Usually, the proposal will only pass once the majority of stakeholders approve it. Anyone can participate just by owning a token. The ones with the most tokens have more influence in the proposal system. According to recent data unveiled by Messari, the decentralized social media platform Friend.tech, boasts the inflow of a staggering 300k unique users, boosting user activity. Eliminating the possible uncertainties on the sustainability of the platform, despite its stable user activity and rising daily revenue, Messari research analyst Ally Zach dived deeply into Friend.tech’s potential for future growth. How to Start Investing in Cryptocurrency: Beginner's GuideLido’s Seraphim Czecker told Blockworks in a direct message on X that Arbitrum only stands to gain from the proposal, which he says is likely to bring “mainnet whales” to Arbitrum. But many in the DAO are weighing those potential whales against Lido’s worrisome size. Starting from 13-10-2023 07:00, users will not have the option to add liquidity to the pools mentioned above.

Initially developed in secret in 2013 and formally released in November 2019, Utopia touts itself as a crypto payment and stablecoin offramp/onramp. Its main value proposition centers around facilitating on-chain funds to off-chain counterparties. Unilend (UFT), a protocol that brings all decentralized finance (DeFi) trading to offer in one place, making them accessible through smart contracts, has seen a rise in activity as well. Coming up as the 6th altcoin on the list, Unilend’s growth spans “High Transaction Volume, Active Addresses, Network Growth, Whale Transactions, $100K-$1M Whale Accumulation, Exchange Inflow.” Top Decentralized Crypto Exchanges (2023)MakerGrowth told Decrypt "this proposal is a contribution from an individual within the MakerDAO community and is currently being assessed by members of the DAO. The Maker forum is open to contributions from anyone in the MakerDAO community." Once they can make a lot of money if they can figure out which cryptocurrency is a solid investment. Prices are frequently lower since it is purchased early, and other ICOs provide tokens at a discount.

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