How to Buy Bitcoins (with Pictures) - cyptoranking.com

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

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
Image: cyptoranking.com

Ukraine is not a member of the European Union (EU) nor of the North Atlantic Treaty Organization (NATO) despite having applied for membership in both. The European Commission wants Ukraine to reform its media, judiciary, and anti-corruption laws before considering it for EU membership. The study remarks that while financial inclusion is high in Canada, with 98% of adult Canadians having access to a bank account and debit cards, underbanked Canadians can still face barriers and challenges, having to resort to alternate providers that charge higher fees for their services, including payday lenders and cheque cashers. How to Buy Bitcoins (with Pictures)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 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.

Exchange Rankings Crypto
Image: cyptoranking.com

After the Merge, the practice of ETH mining on the Ethereum 2.0 network will end, either forcing miners to pivot to mining on Ethereum Classic or find other platforms. Why Pirate Nation Is Leaving Polygon and Setting Sail Towards Arbitrum Nova What are the 4 best known cryptocurrencies?At press time, ETH was trading at $1,590.78 after its price slipped by more than 2% in the past 24 hours. — Bitget Wallet (Formerly BitKeep) (@BitgetWallet) October 9, 2023

In the fast-paced world of cryptocurrencies, the movements of big players, or ‘whales’, can often provide early warning signs of impending market shifts. Despite there being only 5,000 Bitcoin locked in the network, coupled with the ongoing bear market, he said Lightning “is accomplishing so much.” Best Binary Trading Platforms in India 2023What benefits does holding ankrETH offer the user? — Watcher.Guru (@WatcherGuru) October 2, 2023

When 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. What Metrics to Consider? Best crypto exchanges UK for June 2023Regardless of validity, the vilifying tweets encapsulate ongoing debates surrounding the massive power wielded by prominent crypto luminaries and institutions. How can users go about Liquid Staking through Ankr?


Sister links

Sources

Bookmark-new.svg