Fundamental Analysis of Cryptocurrency Markets - cyptoranking.com

2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
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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 These new SNX developments have not yet garnered much excitement from the cryptocurrency community. In just the past day, SNX’s price dropped by 0.58%, which left the altcoin trading at $2.00. In addition to this, SNX’s price dropped by over 7% in the past week. Fundamental Analysis of Cryptocurrency MarketsAccounts tied to FTX and FTX.US were drained on Nov. 11, 2022, mere hours after the company filed for bankruptcy and founder Sam Bankman-Fried resigned from the crypto empire he ran. All of which is to say, Web3 builders are listening to both regulators and end users and developing more nuanced solutions that cater to both ends of the spectrum. There is no doubt that the industry as a whole currently does not live up to the expectations of either side.

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Shin wondered if the jury would be able to follow all the details of the technicalities; she shared that in the courtroom, there was “a long explication period,” where financial terms were explained to the jury, some of whom don’t have financial backgrounds. Shin said that they explained what a line of credit was, how it got coded, and the liquidation rules on the exchange. Making Footholds in the East What Coinbase International Exchange Means for U.S. InvestorsOver half of the validator nodes can be acquired by businesses with significant computational power, which in return will pose major security risks to Ethereum. A decentralized blockchain cannot contain centralized points of failure. Because of this, the creators of Ethereum have decided to switch to a different consensus algorithm, called PoS. Seven-day NFT sales according to cryptoslam.io data.

Santiment also disclosed that the ten largest USDT holding wallets saw their assets surge from $7.30 billion to $9.42 billion within three months, indicating that some cohorts of investors are increasing their positions in the stablecoin. The rising popularity of GameFi can be attributed to the increasing acceptance of cryptocurrencies and the growing interest in online gaming. As blockchain technology continues to evolve and more people appreciate its potential, the future of GameFi shines even brighter. The real question is, which gaming tokens and coins will lead the way? Cryptocurrency Exchange DevelopmentFTX Insurance Data Generated Through Complex Math Yuga Labs’ Restructuring Plan

Socios projects nearly 9 million unique votes to be cast in 2023 after users voting on Socios’ Fan Polls hit an all-time record in August. What Is Cryptocurrency Mining? Virtual Currency and CryptocurrencyOnce the code has been finalized it can no longer be tampered with outside of the proposal system. Even if, hypothetically, government officials demand you to shut down the DAO, it simply won’t be possible. Only the proposal system can decide the direction of a DAO. These proposals are influenced the most by members with large amounts of tokens. Here's my conversation with Mark Zuckerberg, his 3rd time on the podcast, but this time we talked in the Metaverse as photorealistic avatars. This was one of the most incredible experiences of my life. It really felt like we were talking in-person, but we were miles apart 🤯 It's… pic.twitter.com/Nu8a3iYWm0

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