Why Dogecoin and Shiba Inu Investors are Buying TAMA-New Meme Coin on Fire - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-04-27

Popular crypto exchanges(2023 Update) 2024-04-27
Image: cyptoranking.com

When users interact with Morpho-Aave or Morpho-Compound, they access the same pool of funds available for borrowing or withdrawal as they would when using Aave or Compound directly. Key parameters such as collateral factors, oracles, and close factors are preserved. However, the critical distinction lies in the fact that Morpho offers improved rates for both borrowers and lenders. Morpho users can expect to receive two distinct interest rates. In the worst-case scenario, they receive the Annual Percentage Yield (APY) of the underlying pool. Ellison’s testimony could define the trial Why Dogecoin and Shiba Inu Investors are Buying TAMA-New Meme Coin on FireThe message embedded in the job data is crystal clear: the world’s largest economy continues to charge forward, even in the face of aggressive monetary tightening. It’s a testament to the economy’s resilience, and suggests that higher interests are here to stay for an extended period. Bitcoin was the first to support smart contracts but had a rigid structure, making it feel limited when compared to Ethereum. Even now, Ethereum still stands out among other smart contract platforms, earning first place in the Coin Gecko’s list of “Top Smart Contract Platform Coins by Market Cap”, at the time of writing.

Exchange Rankings Crypto
Image: cyptoranking.com

“In terms of the cross-border payments, I would say that’s already started. We’re just getting on the train,” Philpott said. The reason the SEC has allowed other commodity ETFs to exist, like physical gold ETFs, is that it believes that the futures market for gold is where the price is set, that is the venue of price discovery, and that is a regulated market. So the futures lead the physical and therefore, that makes it okay, because that's a regulated market. So that's another sort of angle to look at it from. National stock exchanges, that's the actual definition inside the Securities and Exchange Act 1933, they need to have the mechanisms in place to ensure that their markets are free from manipulation. How do I make crypto transactions untraceable?Volume on the layer-2 protocol has also surged over the same period. In August 2021, volume in terms of U.S. dollars sat at $12.1 million and 303 BTC. Fast forward to August 2021, and those numbers are now $78.8 million and 2,950 Bitcoin—translating to a 546% and 874% increase, respectively. The project’s accounts, including its X profile, website and medium account, have since been removed.

See also: Could Sam Bankman-Fried's Saga Happen Without Crypto? | Opinion “BNB is a fair launch token. This means no one received free BNB tokens from the initial supply. The “team tokens” were never moved or used, only burned. SEC Claims Coinbase Currently Lists Nine Crypto Assets ...As the fourth quarter gets underway, the intricate dance of monetary policy, evolving liquidity patterns and inherent market volatility is set to define the crypto market’s narrative in the coming months, analysts say. In addition to the Afghan War logs, WikiLeaks also published those of the Iraq War. This picture depicts a wounded Iraqi being loaded onto a van during an attack by Apache helicopters that killed a dozen people in Baghdad, including two Reuters news staff on July 12, 2007.

Needless to say, when it comes to comparing the performance of a DCA strategy in Bitcoin versus literally any other asset, there is little comparison to be made.To diversify or not?Traditional asset managers tend to abide by certain rules, one of them being the idea of rebalancing. When a particular asset outperforms, profits should be taken and distributed elsewhere, according to this line of thinking.It can be considered a form of diversification “on the go,” so to speak. But whether discussing diversifying from the onset of constructing a portfolio or as time goes on, how would such a strategy compare to going all-in on what has so far been considered one of the riskiest, most speculative assets of all time?The answer is simple: Doing so would be “selling the winner to buy the losers,” as investor Michael Saylor has said.On a five-year basis, BTC/USD is up 376%. Compare this to about 55% for the S&P 500 or gold.5-year chart of BTC, SPY and gold. Source: TradingViewTaking profits from Bitcoin at any point in time and putting them into other assets would have decimated a portfolio’s potential. Income from dividends doesn’t compensate, except for those working with multimillion-dollar portfolios. And even then, the potential income would be dwarfed by the capital gains of holding a large Bitcoin position.While the concept of “risk” often implies volatility and potential downside, what about the risk associated with “playing it safe?” Some argue that investors should also be concerned about the potential of their portfolios to barely keep pace with the rate of inflation, which has become a significant risk in recent years.Related: CPI meets low BTC supply — 5 things to know in Bitcoin this weekMacro trends to considerProponents of Bitcoin and the DCA strategy have long since contended that BTC serves as the ultimate hedge against monetary inflation and overall financial market uncertainty.Despite critics’ best efforts aimed at destroying this narrative, it has prevailed.Look no further than the banking collapses of 2023 and Bitcoin’s resulting rally for proof. Furthermore, while the saying “so much for an inflation hedge” became popular in 2022 as BTC fell sharply from its all-time high, that idea strangely seemed to go by the wayside in 2023.YTD chart of BTC/USD. Vertical line indicates the day of the collapse of Silvergate. Source: TradingViewWhen it comes to money printing, there is perhaps no crypto meme more famous than “money printer go brrr.” This meme depicted Federal Reserve Chair Jerome Powell at a printing press spewing freshly minted US dollars.A big reason that meme was so successful was the truth behind it: The growth of the M2 money supply has been highly correlated to the price of BTC/USD since its inception.Ok, two more charts and some thoughts...this time on crypto....Is the accepted narrative of the BTC Halving cycle what drives the BTC cycle (and all crypto) or is it the macro? Im starting to think it's all about the macro This is global M2 YoY vs Crypto market cap #Bitcoin pic.twitter.com/sSB7CaVFdE— Raoul Pal (@RaoulGMI) July 21, 2022 Read More: Everything You Need To Know About Bull Flag Patterns What is the minimum amount to sell on Binance?Data breach: Why is it a big threat for crypto traders, and how to prevent it Hong Kong's regulatory bodies are actively preparing to introduce comprehensive guidelines for the stablecoin market by the close of 2024. This proactive approach reflects a commitment to creating a secure environment for cryptocurrency investors and ensuring the integrity of the market.


Sister links

Sources

Bookmark-new.svg