16 Top Cryptocurrency APIs & Free Alternatives List - cyptoranking.com

2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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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 The price action for these two bullish altcoins shows similarities to that of Bancor (BNT) before its upward movement. 16 Top Cryptocurrency APIs & Free Alternatives ListStarting from 13-10-2023 07:00, users will not have the option to add liquidity to the pools mentioned above. Among surveyed exchanges, 10 of them said they were facing difficulties in maintaining operations due to a lack of transaction fees.

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Coinbase’s Ethereum-based layer2 platform, Base, has remained elevated over the past seven days, recording an impressive performance in total value locked. L2Beat data shows Base TVL increased by 25.15% within the last week to $556 million. A federal judge sent BlockFi and Three Arrows Capital lawyers into mediation to try to settle a dispute over $284 million in payments to BlockFi. How to Buy Dogecoin on eToro: Step-By-Step GuideBlockchain’s transparency-enhancing features have also left an indelible mark on the iGaming industry, ensuring that fairness and integrity are upheld. What’s ahead for CryptoNight algorithm?

Competing crypto ETF issuer Valkyrie began adding ether futures contracts to its bitcoin futures ETF on Thursday as part of an investment strategy change set to go into effect on Oct. 3, a spokesperson told Blockworks Thursday. But the firm said in a Friday filing that it would “unwind” its positions in ether futures contracts until the investment strategy is officially amended. Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. What is Decentralised crypto?Starbucks has released an open-edition set of Pumpkin Spiced Latte NFTs on the Nifty Gateway marketplace. Even if the miners keep selling, that cluster could prevent the BCH price from breaking down further. But if that support cluster fails, BCH could eventually drop below $200.

The analyst also attributed the underperformance of ether compared to bitcoin to a recent research paper suggesting that the Bitcoin blockchain could potentially handle the smart contract computations associated with the Ethereum network. After a months-long soft launch, Mythical’s NFL Rivals unveiled full gameplay in August, timed to the preseason of the NFL, by far the most popular sport in the United States. The game, available on Apple and Android devices, has been downloaded millions of times, according to Mythical. Why is Bitcoin going down 2023?In the lead-up to Hong Kong, Card Brawl will continue development on the game’s fundamentals. Ultimately, the team has grander ambitions to serve as a bridge for Web2 users into blockchain ecosystems. The co-founder said, “We hope Card Brawl will make a significant impact by being a first-of-its-kind Roguelike trading card game, not just in the traditional gaming history but also as a major innovation in the Web3 gaming ecosystem. Our ambition is to become one of the most influential games in the Neo ecosystem.” Before stablecoins, Carrica explains, “you would go and buy dollars in person and you would get a piece of paper. Is that dollar fake or not? You don’t know.”

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