Saturday 28 May 2022
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Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?

The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted traditional markets just as hard. The recent bust removed some speculation from the market. But the shakeup is different than in the past. There are still many more active users utilizing the Bitcoin network than we have seen in past cycles. Many more holders and true believers made it through to the other side. However, as this increases over time, one of the concerns some have over Bitcoin (BTC) may impact its adoption. There is an economic incentive, not just utility, that privacy coins can offer as a solution. At different points in the first half of 2022, both in crypto market rallies and huge dumps, privacy coins such as Monero (XMR), Dash (DASH) and Zcash (ZEC) have fared relatively well against other altcoins. Does this mean there is an underlying demand for interest in crypto privacy? The Bitcoin standard is finally here (well, not yet)For the..

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The world has synchronized on Russian crypto sanctions

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. According to the United Nations High Commissioner for Refugees, also known as the UN Refugee Agency, nearly 4 million Ukrainians have fled their homes since bombs began falling and bullets started flying on Feb. 24, with most heading to neighboring Central European countries. At the same time, people around the world have sent over $100 million in crypto donations to support Ukraine, according to Alex Bornyakov, deputy minister of digital transformation. This necessitated Ukrainian President Volodymyr Zelenskyy to sign a bill legalizing crypto on March 16. Robby Houben, a professor at the University of Antwerp who co-authored a study for the European Parliament about the illicit use of cryptocurrencies and b..

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What the media is missing about decentralized autonomous organizations

The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?” Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the economic opportunities that will be unlocked through the power of decentralized autonomous organizations (DAOs). While publications are right to recognize the unsurprising early growing pains of DAOs, this sort of hand-wringing misses the forest for the trees when it comes to the impact of DAOs. Rather than simply being a “utopian” experiment, DAOs are a crucial tool in the development of a new decentralized financial (DeFi) system that has the potential to reach the 1.7 billion people globally who currently have no access to the traditional financial system. DeFi promises to provide individuals everywhere with access to a reliable..

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pullback stretegy

strategy

Crypto signal 💡- Specifies the best entry-exit points for the spot market for cryptos. We recommend the traders to invest maximum up to 5% of their spare capital Pullback_strategy 💎 – This strategy is based on technical analysis concept, price action, support and resistance, RSI and MAs. As soon as …

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pm to wm

How to Exchange Perfect Money to WebMoney WMZ

How to Exchange Perfect Money to WebMoney WMZ In this article, we will discuss exchanging Perfect Money to WebMoney WMZ. Perfect Money is a service that allows users to make instant payments and financial transactions. The system uses three types of currencies: PM-USD, PM-EUR, PM-gold. On the other hand, WebMoney …

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