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09 Feb 2023 07:55

BREAKING 🚨🚨

The #SEC can ban retailers from crypto staking, says Coinbase CEO Brian Armstrong.😱

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08 Feb 2023 14:11

🔵 Ethereum's gas prices continue to rise, with a 29.27% increase in January 2023 due to increased user activity. The average gas price has gone from 19.2 gwei to 24.82 gwei.

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07 Feb 2023 16:01

🟠 Binance to airdrop $5m worth of BNB to their users in Turkey.

Binance is taking action to support those affected by the recent earthquake in 🇹🇷 Turkey, and will airdrop $100 worth of $BNB tokens to all users living in the regions most heavily impacted.

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07 Feb 2023 12:07

Reporter: "Do you take any blame for inflation?"

President Biden: "Do I take any blame for inflation? No."

Reporter: "Why not?"

President Biden: "Because it was already there when I got here."

🤝 @Cryptocurrency_Inside

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07 Feb 2023 10:41

🔹 TrustWallet Android version 6.75 is available for users.

This version fixed the error and All TRC-20 token functionality should work.

👉🏻 iOS is going to be available tomorrow❗️

🤝 @Cryptocurrency_Inside

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06 Feb 2023 20:25

CEX vs DEX ❔
⠀
The whole crypto market remembers very well the collapse of one of the largest exchanges (FTX), which gave a lot of doubt to CeFi and showed the real picture of what can happen to your funds stored on CEX exchanges. In turn, the DeFi sector, the popularity of which is only increasing, never ceases to amaze the number of new projects and technological solutions. And DEX's are attracting more and more new users, providing the desired security and control of funds.

🟠CEX (Centralized Exchange)
- is an exchange that uses an intermediary to facilitate transactions between buyers and sellers. DEX (Decentralized Exchange) has no other intermediaries, which fundamentally changes the way it works.

It would be incorrect to distinguish them into "black and white". Each has advantages and disadvantages. Let's analyze them below.

1. Custodiality
When you trade on CEX you keep your funds in a wallet tied to the exchange itself, not your own. The important thing is that the exchange keeps the private keys to your wallets with itself, and you get the login credentials to the platform. The expression "not your keys, not your coins" epitomizes centralized exchanges.

To trade on DEX, all you have to do is link your wallet. There is no deposit required, increasing security for the user.

2. Liquidity
The volumes on centralized exchanges are many times higher than their decentralized counterparts. This can be explained by the fact that the primary action of newcomers to crypto is registration on the exchange. And because of the popularity of CEXs, most come to them, providing high liquidity.

This is also influenced by the following criterion, which attracts a large number of users.

3. Functionality
Futures trading, spot-trading, leverage, lunchpads, etc. - All this is about centralized exchanges. Their trading functionality is much broader. At this stage of development most DEX are more like swap meets than full-fledged exchanges. As an exception, we can highlight 1inch, which has the ability to place orders.

4. KYC - know your client
The most important difference is the presence of verification. Most DEX do not follow KYC standards. The principle of autonomous operation frees them from worries about verification of the client. Centralized exchanges can not boast of this.

Unfortunately, recently there is an unhealthy trend of introducing verification in the DeFi segment. So, the well-known exchange dYdX has resorted to KYC verification, attacking the sacred principles of decentralization.

5. The mechanism of trade implementation
CEX uses the traditional order book model to find buyers and sellers. At the same time, the DEX exchanges use a completely different execution system, called AMM.

The AMM model is based on a liquidity pool that holds two tokens at a 50/50 ratio. When a user makes a trade, the smart contract automatically sends the tokens to the pool and then exchanges them for a similar token from the pair. The exchange ratio between the tokens is calculated automatically.

Bottom line: it's clear that DEX has a long way to go. With CEX, users can focus on trading and leave all other aspects of the exchange to the company. However, you have to pay for this by providing your assets for safekeeping. DEX offers more freedom and potentially better terms - though it may require a more knowledgeable user.

JPMorgan's recent statement: "DEX exchanges will not be able to compete with CEX, despite the collapse of FTX."

❔ Your opinion: Do DEX exchanges have a chance of approaching the performance of CEXs in the next couple of years?
👍 - Yes
👎 - No

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06 Feb 2023 08:43

✖️ Ripple continues to actively buy back its XRP tokens on the market.

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05 Feb 2023 17:02

Bull market starts when 🥇 Bitcoin crosses RSI 50 on the monthly chart. Getting close...

Source

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05 Feb 2023 10:13

Bitcoin Enters Technical Golden Cross and a New Paradigm

"As a summary, bitcoin currently sits at an intersection of multiple crucial indicators, heading into a new paradigm."

Source

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04 Feb 2023 14:30

Munger: 💰 Bitcoin  is evil because it undermines the Federal Reserve System 🏦

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03 Feb 2023 18:10

⚡️I saw an interesting picture and a caption on Twitter: 10 ounces of gold for $20K or 1 BTC for $23K?

💭I wondered what my followers would choose: gold or BTC? If you had a chance to buy 1 BTC or 10 ounces of gold, what would you buy?

1 BTC - ❤️
10 oz gold - 👍

🤝 @Cryptocurrency_Inside

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03 Feb 2023 11:32

🟡 There are still 32,800 people in the world who continue to actively trade transactions on the Terra network.

🟠 BNB Chain leads with a 20 million user army.

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03 Feb 2023 08:07

🔥The mayor of the Swiss city of Lugano, Michele Foletti, left his wallet at home, but he is not worried about this. He buys everything he needs around the city with bitcoin, Tether, and the city's Swiss franc-denominated LVGA stablecoin. And at the same time, he receives 10% cashback in LVGA.

In Lugano you can live on bitcoins!

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02 Feb 2023 15:38

JUST IN - ECB raises key interest rate by 0.5 to 3.0 percent.

Eurozone government bond yields extend fall.

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01 Feb 2023 20:00

BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps.

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08 Feb 2023 19:10

BLOCKCHAIN DISTINCTION: L0, L1, L2 & L3 🚀

The ever-increasing use of crypto has led to the need to create "tiers" of blockchains. This classification allows for increased network security, transaction speed, scalability, and more.

• Layer 0 is a kind of "basic" layer necessary for interchain interoperability. This is the network structure running under the blockchain, including protocols, hardware, miners and other components that make up the blockchain ecosystem.

The main features are:
- enabling blockchains to interact with each other;
- availability of infrastructure for developers;
- fast and cheap transactions on crosschain exchanges, thanks to the IBC-protocol.

• Layer 1 is a blockchain that can conduct transactions without the participation of another network. Its main problem: as the number of users increases, blockchain performance and transaction processing speed can decrease.

Let's make an analogy: if dApps is an offline store that everyone visits, the L1 blockchain is the plot of land on which it is built, and L0 is the road networks that connect the land plots.

• Layer 2 is a protocol deployed on top of the main L1-blockchain. It helps increase system throughput, transaction speed, and scalability.

• Layer 3 is what is known as an "application" level blockchain. L3 includes various decentralized solutions and protocols that enable applications.

🔵See the new infographic for examples of all layers of blockchain.

❔ Would you guys like to see more educational content on our channel?
👍 - Yes
👎 - No

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08 Feb 2023 11:47

⚡️​​The top 100 largest companies in the world, and what blockchain projects they have already invested in in 2022

💭Most of these companies are investing in projects that offer solutions and services in the form of non-exchangeable tokens (NFTs)📈

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07 Feb 2023 14:43

🚨BREAKING: UK plans to ban hoarding of its CBDC, effectively limiting people's ability to save in the digital pound when launched - The Telegraph.

The 🇬🇧 UK needs 🥇 Bitcoin 

Source

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07 Feb 2023 11:40

Ark Invest investment company Katie Wood has published its long-term forecast (until 2030) on the BTC rate change:

🟢 Bearish – provides for an increase in the price of BTC to $258,500

🟢 Basic — increase in the value of the cryptocurrency up to $682,800

🟢 Bullish — the asset price rises to $1.48 million.

For the calculation, analysts took into account 8 factors, for example, the amount of funds invested in cryptocurrency by institutions and the amount of transactions in digital assets.

Source

🤝 @Cryptocurrency_Inside

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07 Feb 2023 07:55

How 🏦 banks work vs. How 🥇 Bitcoin  works.

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06 Feb 2023 12:35

👀 Michael Saylor: FTX's meltdown was painful but necessary for the industry to grow up.

👉🏻 This is a common view among those in the industry, as it highlights the importance of having robust infrastructure and systems in place to handle high levels of volatility and trading volume❗️

🤝 @Cryptocurrency_Inside

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06 Feb 2023 08:02

💰BTC UPDATE:

BTC is forming a broadening wedge pattern which is generally a bullish pattern. Currently, it is trading in an important support area. BTC has important support in the $22.3k—$22.8k area. As long as BTC holds this support we can expect a bounce from here.

Break and close below $22.3k will be bad and invalidate this bullish scenario.

In current market conditions scalping is more profitable. We provide many scalp signals these days. Hope you earn some money with our signals, If not then try it with the tight SL and low leverage.

We will keep updating you about the overall market condition. Stay tuned and pin our channel at the top.

🤝 @Cryptocurrency_Inside

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05 Feb 2023 16:21

❗️ FBI seizes $260k of assets including ETH, Bored Ape from Chase Senecal, a resident of Brunswick (alledged Discord & Twitter phishing scammers).

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04 Feb 2023 20:16

🥇 Bitcoin is increasing more and performing better than U.S. government bonds this year.

👉🏻 However, it's essential to note that Bitcoin is a highly speculative and volatile asset, while government bonds are considered to be a more stable and low-risk investment option. The performance of an asset can vary greatly over time, and past performance is not a guarantee of future results❗️

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04 Feb 2023 09:23

🔵 This user made a transaction on the Ethereum network for 33.52 ETH ($56,071), while paying a fee of 19.47 ETH ($32,565).

👉🏻 As in many other similar cases, this is not a mistake, but one of the simple ways to launder large amounts of crypto 🙂

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03 Feb 2023 11:41

🤑 They never learn.

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03 Feb 2023 09:06

🥇 January Bitcoin rally boosts on-chain analyst optimism for new bull market, Charles Edward says:

“We’re likely at the start of a new cyclical Bitcoin bull market, inside the volatility circle”

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02 Feb 2023 20:33

Lebanon to devalue currency by 90% on Feb. 1, central bank chief says

Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current official rate.

The shift from the old rate of 1,507 to 15,000 is still far off the parallel market, where the pound was changing hands at around 57,000 per dollar on Tuesday.

Source

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02 Feb 2023 11:00

⚪️ META (Facebook) metaverse division lost $13.7 billion in 2022.

In the first year of the separation of various entities, the Metaverse decision of Mark Zuckerberg’s Meta lost $13.7 billion in 2022.

Revealed in CNBC’s assessment of the company’s earnings report on Wednesday, the Reality Labs division of Meta posted a massive $4.28 billion operating loss in the fourth quarter alone.

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01 Feb 2023 11:11

Market Sentiment Macro Chart

🟢 It is too early to be bearish on BTC. This illustration shows the historical chart on Fear the r and Greed index.

🟢 A market bottom is indicated when the indicator shows red and orange colors.

🤝 @Cryptocurrency_Inside