Five coins trending today! #TetralandoNFT ❇️A few interesting coins are trending among cryptocurrencies today. In particular, Dogecoin (DOGE) continues to maintain its popularity thanks to active community support and periodic impulses from social networks. Along with it, there is growing interest in Shiba Inu (SHIB), another meme coin that regularly causes a stir in the market.
🐕Among the more technological projects, there is noticeable progress in Toncoin (TON), which shows stable growth against the background of support from Telegram, as well as Solana (SOL), which is developing its ecosystem with low transaction costs. In addition, Zcash (ZEC) is attracting attention due to its privacy features, which are becoming more and more relevant amid increased regulation of crypto markets.
👁️These cryptocurrencies have shown positive dynamics over the past few days, which may indicate future opportunities for traders and investors. It is important to remember that market trends change quickly, and before investing you should conduct a thorough analysis and consider the risks.
🅰️🗣️Disclaimer: The content of this publication does not constitute financial advice. Always do your own research.
🅱️👁️Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇
How to Make Money on Binance Effectively: Strategies for Beginners and Advanced Investors
🔸Binance is one of the largest cryptocurrency exchanges in the world, offering a variety of earning opportunities. We offer an overview of strategies that will help both beginners and experienced traders to take advantage of all the advantages of this platform. 1. Cryptocurrency trading (Spot Trading)
“How to Turn Binance into a Passive Income Machine in 2025”
How to Turn Binance into a Passive Income Machine in 2025 Cryptocurrency is no longer only about speculation and high risks. The Binance platform offers many opportunities for those who want to earn passive income. In this article, I will explain how you can use staking, farming and other tools on Binance to put your assets to work for you without too much effort.
#TetralandoNFT 🍋🟩What does the future hold for NFTs?
NFTs continue to change the world of digital art, collecting and gaming. Several important changes are expected in the future:
🔮 Integration with real assets
Tokenization of real estate, property rights and luxury goods will become common practice, making the market more accessible and transparent. $SLP 🎮 Development of gaming and metauniverses
NFTs will be actively integrated into gaming ecosystems, allowing players to own unique items and use them in virtual worlds.
📈 New monetization models
Platforms and artists will create unique NFTs for subscribers, and new staking tools will open up additional revenue streams.
🔐 Increasing security and regulation
As NFTs evolve, the need for regulations and new safeguards will grow, which will help build trust among users.
NFTs have great potential to transform the digital economy. It remains only to follow new trends in order to use all the opportunities that the future will bring.
Cryptocurrency, dollar and stock exchanges: How the market is developing in the USA, the Emirates and China
🪀Cryptocurrency is actively integrated into the financial systems of various countries, changing approaches to investing and money circulation. In this context, it is important to understand how the cryptocurrency markets function in key regions such as the US, the Emirates and China, as well as their impact on stock exchanges and the dollar.
👨💻 Tetralando Crypto News on Binance is an informative blog dedicated to the latest news, trends and analytics in the world of cryptocurrencies. On this platform, we cover key events in the blockchain industry, the latest in crypto markets, as well as current updates from the Binance ecosystem.
The main sections of the Tetralando Crypto News blog:
Investing in cryptocurrency ETFs An in-depth look at the top cryptocurrency ETFs in the US stock market this year.
TETRALANDO CRYPTO NEWS
Nov 23, 2023
Bullish
🔥🍋 7 Best Blockchain ETFs Of November 2023 🍋🔥 🔶 Investing in cryptocurrency ETFs An in-depth look at the top cryptocurrency ETFs in the US stock market this year. Here's what you need to know. If you want to invest in cryptocurrency but are overwhelmed by the sheer number of options, a cryptocurrency ETF (exchange-traded fund) may be the solution. These ETFs give you access to a basket of cryptocurrencies and the underlying blockchain technology on which they are built.
🔸This is important because until now cryptocurrency has been a boom or bust market. There is potential for big profits if you invest in the right coin at the right time. But rampant volatility means there's also the potential for huge losses.
🔸By investing in crypto ETFs, you can build a diverse portfolio of digital assets, giving you a better chance of finding successful investments. What is a cryptocurrency ETF? An ETF is a type of investment fund that can be bought just like stocks. Investing in one is a quick and easy way to build a diversified portfolio, as most ETFs invest in a group of stocks, bonds and/or other assets—in this case, cryptocurrencies and the companies involved in their development.
🔸Here is a list of seven cryptocurrency ETFs to consider in 2023:
🅰️🗣️Disclaimer: The content of this publication does not constitute financial advice. Always do your own research.
🅱️👁️Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇
🟢A Bitcoin ETF Could Soon Finally Launch. What If It Flops?
🔸Investors have been waiting a decade for a spot Bitcoin ETF—and now it looks like one might be just around the corner.💰"If your impressions of the publication poured into a cup of tea☕️, it would be a real source of inspiration in our further creative process. We would appreciate your support in the form of tea☕️ as a token of thanks .”💰💰 📗Enjoy your reading!📗The price of Bitcoin jumped Monday after talk that the world’s biggest asset manager, BlackRock, was closer to getting approval from the U.S. Securities and Exchange Commission on its Bitcoin ETF application.Analysts and experts in the space have said a crypto ETF (exchange-traded fund) will probably hit the market in January—or maybe even sooner.🔹It's still far from a certainty, and the SEC has in the past been reluctant to approve the long-awaited product. An ETF would track the price of Bitcoin, allowing investors to get exposure via buying shares and not dealing with digital wallets, exchanges, or private keys. Because an ETF would remove the technical hurdles, some analysts and Bitcoin preachers have said that such a fund could lead to an influx of capital into the Bitcoin market.But will a Bitcoin ETF live up to the hype?Not everyone thinks so. J.P. Morgan researchers pointed out back in July that spot crypto exchange-traded products in Canada and Europe haven’t yet moved markets with large investor interest.🔸Bloomberg Intelligence analyst Eric Balchunas told Decrypt that there “might be a bit of a gap between the hype and the actual demand early on,” adding that when a Bitcoin ETF finally does start trading on a stock exchange, it might not do as well as when the first futures crypto ETF kicked off two years ago—and broke records.A futures crypto ETF differs from a spot market ETF in that investors buy shares that offer exposure to contacts that bet on the future price of crypto—rather than the asset itself. The SEC greenlit the futures product at the height of the bull market despite denying spot market applications for years.“I wouldn’t be surprised [if a spot market Bitcoin ETF] way underperforms flow-wise BITO [ProShares Bitcoin Strategy ETF] because BITO was launched at the peak of the mania,” he said. “I’m preparing for something that’s much more mild than BITO but I want to think in three years, five years, it’ll be pretty successful.”▪️BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One?BITO started trading in October 2021, when Bitcoin was selling for $64,000 per coin. Back then, there was a huge appetite for everything crypto—the product traded $280 million-worth of shares in just the first 20 minutes.By the time the market closed on day one, nearly $1 billion in shares had changed hands.But since then, the price of every digital asset has plummeted and the industry has been plagued by bankruptcies, hacks, and scams, which could scare away would-be Bitcoin ETF investors—especially those who already have racked up losses.▫️Ethereum futures ETFs launched earlier this month to a slow start. “A lot has happened, a lot of baggage has set in—even though Bitcoin came back this year—I think that it'll be somewhat subdued,” added Balchunas.Adam Guren, co-founder of crypto hedge fund Hunting Hill Digital, said that liquidity constraints in today’s exchanges compared to 2021 are something to consider, too, pointing out that analysts have said “even attaining $500 million in day-one inflows as a noteworthy challenge.”And the SEC currently has a long-list of Bitcoin ETF applications to approve. There has been speculation that they all might get the green light at the same time, which would lead to a disperse of interest, experts told Decrypt.🔹But one thing that experts agreed with was that in the long-term, the approval of such a product would be good for Bitcoin.Bloomberg Intelligence analyst James Seyyfart told Decryptthat “more and more investors are going to be interested in a spot product than they would be in a futures product.”🔈“If you're looking at this over the year timeframe, I think that will show that the spot ETFs will have more demand in the futures ETFs,” he said.Guren added that a spot Bitcoin ETF approval would represent a “momentous milestone,” paving the way for “a more favorable environment for cryptocurrency investments in the United States.”#Crypto2023 #TetralandoNFT #BTC #etf $ETH $DOT 🅰️🗣️Disclaimer:The content of this publication does not constitute financial advice. Always do your own research.🅱️👁️Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇
🍋Bitcoin Exchange Binance Announced That It Listed These Altcoin Trading Pairs in Margin Trading!🍋
✨Binance, one of the world's largest cryptocurrency exchanges, announced that it has added several new trading pairs and borrowable assets to its platform.
✨New loanable assets include AST, GNO and ORDI in Cross Margin and Isolated Margin.
✨Additionally, in addition to these assets, Binance has also added several new trading pairs on Cross Margin and Isolated Margin.
✨New Cross Margin pairs include BADGER/USDT, MOVR/USDT, ORDI/USDT, RAY/USDT and SCRT/USDT. The new Isolated Margin pairs are AST/USDT, GNO/USDT, RAY/USDT and SCRT/USDT.
✨Binance users can refer to Collateral Data for a list of the most up-to-date collateralizable assets and more information on specific limits, collateral and rates.
✨In other news, Binance Futures will launch the USDⓈ-M BADGER Perpetual Contract on November 9, 2023 at 15:30 EST with up to 50x leverage.
✨This move is expected to attract more investors to the platform and increase transaction volumes.
✨This announcement comes as Binance continues to expand its offerings and services to meet the growing demand for cryptocurrency trading.
✨The exchange regularly adds new trading pairs and services, making it one of the most comprehensive cryptocurrency exchanges on the market.
🔥 No matter where you came to the cryptosphere - from a central bank or from space, Tetralando Crypto News is always ready to welcome you with the hottest news and in-depth analysis in the world of cryptocurrencies! 🚀
🔥BITCOIN’S FIFTEEN YEARS OF EVOLUTION: A LOOK BEYOND THE ORIGINAL WHITEPAPER
🍋It has been fifteen years since the original Bitcoin white paper was published on the cryptography mailing list. Those fifteen years have been a wild ride of progress and new ideas.Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation state has adopted Bitcoin. We are possibly on the verge of a Bitcoin ETF approval. Bitcoin in almost every way is nothing like it was described in the original whitepaper all the years ago.The network has grown, it has changed, it has evolved. On a social level, an economic level, and a technical level it's a completely different animal than it was all those many years ago. I feel like on this day, every year, people tend to focus on Bitcoin as it was all the way back in 2008. People get nostalgic about the basic design with no mention of mining pools, or ASICs, or second layer protocols. This year I wanted to do something different than wax poetic about section 10 on privacy, or section 4 on Proof-of-Work.✨In fifteen years more development has occurred on Bitcoin than one person can easily keep track of. There have been a good number of whitepapers over that time period since the original Bitcoin whitepaper itself. So why do we keep focusing just on the one original whitepaper every year on this day? In just the last year alone, out of the past fifteen, five major whitepapers have been released that could completely change how people interact with Bitcoin.Bitcoin itself just continuing to exist as it is right now is a massive and world changing achievement, but that is not enough to create the world that many of us want to see. Bitcoin cannot yet meet the scale and functionality to serve the entire world in the way it serves people using it currently. There is a lot of work left to do, a lot of problems to solve, and a lot of whitepapers to write. Let's look at some of the big papers written in just the last year looking to solve some of Bitcoin's outstanding shortcomings.💥BITVM💥Released on October 9, 2023, just this month, BitVM completely shattered the notion of what Bitcoin is or is not capable of. Robin Linus of Zerosync published a paper describing an off-chain scheme for using arbitrary computation to secure the conditional transfer of Bitcoin against said computation. The core value of Robin's proposal is that it requires zerochanges to the Bitcoin protocol to accomplish.✨There are two novel insights that contribute to this idea being viable. First is that it is possible to create a NAND logic gate using existing Bitcoin script in a way that validates on the stack that the NAND operation is done correctly. For example, if a user provides 0 and 1 as inputs to the script, and if the output that they provide is anything but a 1, the script will actually fail execution because the NAND operation is invalid.The second insight is that hashlocks can be used to commit to which inputs a user wants to provide to a computation in an irrevocable way. A user commits to input bits by revealing one or two preimages corresponding to a 1 or a 0, after which a user cannot change the committed inputs as revealing both preimages to any one logic key will allow the other user to submit a penalty transaction and claim all of their funds.✨From this point it is simply a matter of running the computation off-chain, and if one party tries to lie or withhold output, the other can simply challenge them on-chain. From here the challenging party either claims money after a timelock, or after the other user reveals both preimages trying to cheat. This design allows for an incentivized off-chain computation to secure Bitcoin, with the guarantee that eventually things will settle correctly on-chain, even if it takes a long series of transactions to back the dishonest user into the corner of either revealing both preimages to be penalized, or giving up and letting the other user claim after a timelock.BitVM has completely changed the degree to which Bitcoin is programmable, without needing any change to the Bitcoin protocol itself.💰TIMEOUT TREES💰On September 8, 2023 John Law posted his paper "Scaling Lightning With Simple Covenants" to the Lightning-dev mailing list. In the paper he described a concept he called a Timeout Tree as a solution to scaling the channel creation and closure for casual Lightning users. One of the most well known scaling limitations of the Lightning Network is the number of users that can open or close channels within any given block. This presents a large challenge to on-boarding users onto the network in the long term. Once someone has a Lightning channel it can be used to their heart's content off-chain, but there is only so much blockspace available every ten minutes for new users to open channels.✨Even the original Lightning whitepaper calculated that if each of the 7 billion people on Earth only opened two channels per year, Bitcoin would require 133 MB blocks in order to on-board the entire world to Lightning. This is not an unknown, or recently discovered limitation, it was always known. Timeout trees present an alternative solution to a blocksize increase.The basic concept is that an LSP can utilize CHECKTEMPLATEVERIFY(CTV) to batch open channels to a very large group of users in a single UTXO, but with a catch. All of the channels expire, and if they haven't been unilaterally closed (or at least the funding transaction actually confirmed on chain instead of being left committed to by CTV) by the end of that expiry, the LSP can sweep all of the funds in the group of channels. This allows a very efficient channel opening footprint, potentially thousands of channels all opened with a single UTXO, and in the cooperative case a very efficient closing footprint, with all users simply routing funds over the Lightning Network from the expiring Timeout Tree to a new one off-chain and letting the LSP sweep the old tree after the expiry.✨Timeout Trees are an incredibly simple idea that offers a huge degree of flexibility in overcoming one of Lightning's biggest known limitations.🌟ARK🌟Ark is another second layer proposal that was released by Burak Keceli on May 22, 2023. Ark offers an entirely new layer two design proposal attempting to overcome some of the limitations of the Lightning Network. It is very similar conceptually to a channel factory, but the key difference is in how it is used. A channel factory hosts a conventional Lightning channel that can be used repeatedly to send and receive, an Ark factory allows users to control an off-chain UTXO that can only be sent in its entirety a single time, like a cash note. Users spend their off-chain UTXO by atomically linking it to the creation of a new off-chain UTXO in a new Ark to transfer that UTXO. New Ark's are created regularly to allow users to transfer coins in a rotation scheme from old Ark to new Ark.✨This is accomplished using something called an ATLC. In the transfer scheme, the Ark Service Provider (ASP, analogous to an LSP) is fronting the liquidity to facilitate transfers. When an existing Ark off-chain UTXO is spent, the transaction spending it to the ASP in compensation for fronting liquidity to the receiver is signed using an input from the new Ark in which the receiver is gaining control of the funds. This guarantees that if the new Ark, where the receiver is getting money, never confirms, the ASP cannot claim the sender's money.Ark is a cash-like system, with no liquidity constraints requiring a specific user to have receiving capacity ahead of time to be able to spend money, but because of this it has a much higher liquidity cost than a traditional LSP. This might however be worth the higher overhead for the service provider in exchange for providing a more cash-like user experience.🔹ZEROSYNC🔹On May 12, 2023 Robin Linus published the Zerosync proposal to the bitcoin-dev mailing list. The scheme is an entirely application side zero knowledge proof system for bootstrapping a Bitcoin node. Composed of three separate proofs, Zerosync has the potential to enable trustless bootstrapping of a new Bitcoin node without having to actually download and process the entire historical blockchain.✨The first of the three proofs covers the validity of block headers in the blockchain, providing a succinct proof on the order of kilobytes that the difficulty requirement for each block header is successfully met. The second proof validates the UTXO set at each block height by using Utreexo, a prior proposal to allow nodes to validate blocks without having the entire UTXO set. Lastly, the final proof will actually provide a guarantee that all historical signatures and other witness data in the blockchain are valid.Together, these three proofs would allow a node to simply download the current UTXO set in addition to a small proof at most a few kilobytes in size and instantly having a fully trustless and validating node running. This will completely change the cost of users fully validating the system when interacting with Bitcoin.🔸CIV KIT🔸On May 1, 2023 Antoine Riard posted the Civ.Kit: A Peer-to-Peer Electronic Market System whitepaper written in collaboration with Nicholas Gregory and Ray Youssef to the Bitcoin-dev mailing list. Civ Kit proposed a decentralized marketplace for trading everything from fiat currency for Bitcoin to goods and services built on top of the Nostr protocol. Because of the dependence on Nostr, and how that protocol works, every user of Civ.Kit would inherently possess an identity key to authorize messages posted on the market place, as well as form part of a reputational system. In combination with locked funds on the blockchain constituting a bond, market board operators can establish bond requirement policies to allow users to post offers for orders.✨With the basis for a reputational system, a resilient broadcast and communication mechanism, and Bitcoin itself as the basis for escrow contracts for trades, Civ.Kit has the potential to be a powerhouse protocol facilitating peer-to-peer economic activity using Bitcoin as a means of exchange. One of the most important axioms long-term for Bitcoin's success is its use as a means of exchange in a circular economy. Without this peer-to-peer monetization, it risks falling victim to the trappings of regulatory capture. Civ.Kit could be a framework and foundation to prevent that outcome.♻️TO THE NEXT FIFTEEN YEARS♻️These are not even all of the proposals that have been released this year; some floating around aren't even formal whitepapers. But this is a small taste of the massive progress that has happened in the Bitcoin ecosystem in just the last year. There is still everything that happened the year before that. And the year before that. Not to mention going back another fourteen years.✨People love to talk about how Bitcoin isn't going anywhere or doing anything interesting, or that no technical development occurs and it is a stagnating and dying coin. After going through just some of the big proposals in only the last year, does Bitcoin seem like a stagnant and dying project to you? Should we just give up, pack it all in, and go home? After fifteen years of time, hard work on the part of many, and the numerous possible avenues to explore to continue improving and extending this project, does it feel dead to you?🔥 #Crypto2023 #BTC #TetralandoNFT #binancesquare 🔥👁️$BTC $BNB $SLP 👁️🅰️ 🗣️DisclaimerThe content of this publication does not constitute financial advice. Always do your own research.🅱️ Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇
🔥SEC CHAIR GARY GENSLER CELEBRATES THE 15TH ANNIVERSARY OF THE BITCOIN WHITE PAPER
🫡SEC CHAIR GARY GENSLER CELEBRATES THE 15TH ANNIVERSARY OF THE BITCOIN WHITE PAPERToday, SEC Chair Gary Gensler took to X (Twitter) to commemorate the 15th anniversary of the Bitcoin white paper. Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, celebrated the publication of the original Bitcoin white paper by the pseudonymous creator Satoshi Nakamoto, along with a message that read "If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell?
🫵 In a compelling tale of persistence and financial prudence, a Reddit user embarked on a unique investment experiment, demonstrating the potential rewards of consistently investing small amounts, or dollar cost averaging, into Bitcoin. ✨The Redditor, going by the handle u/Gorillahair2000 , initiated an experiment to determine whether allocating just $5 per day into Bitcoin was a worthwhile endeavor, and over the course of one full year, diligently recorded their progress. After 365 days of investing $5 per day, the Redditor accumulated a total stack of 0.075 Bitcoin. The average purchase price stood at $24,108.58, while the current price of Bitcoin was $34,158.20. ✨The total expenditure over the year amounted to $1,825.00, and the current value of the investment was $2,585.75, yielding a net change of +41.68%. The Redditor also noted that they accounted for the 0.5-1.0% spread on each of their purchases, meaning the gains remained after adjusting for fees. The user indicated that they buy with Strike, a popular Bitcoin Lightning wallet, and then withdraw the Bitcoin to a hardware wallet, in line with industry best practices. ✨In a year's time, they transformed the daily expense equivalent to a Starbucks coffee into $2,500 in current value, or a $750 gain. The experiment proves that even with a modest budget, investing in Bitcoin can yield significant returns, and it further demonstrates the power of dollar-cost averaging, a strategy that involves consistently purchasing assets at fixed intervals, regardless of their price, thereby mitigating the effects of market volatility. ✨Further, it also highlights Bitcoin's main advantages as a sound money, one that doesn't depreciate like traditional savings vehicles tied to inflationary fiat currencies. 🅰️ Disclaimer The content of this publication does not constitute financial advice. Always do your own research. 🅱️ Share your thoughts and opinions about this subject in the comments section below.✍️✍️👇👇👇 💰"If your impressions of the publication poured into a cup of tea, it would be a real source of inspiration in our further creative process. We would appreciate your support in the form of tea as a token of thanks .”💰💰💰 #TetralandoNFT #binancesquare #Crypto2023
Overview of the most popular cryptocurrencies of 2023
Cryptocurrencies have long gone beyond the marginal phenomenon and have become an important aspect of the financial system. In 2023, amid constant changes and new technologies, it is worth paying attention to certain cryptocurrencies that currently have the greatest influence on the global market.
1. **Bitcoin (Bitcoin)** Bitcoin, created by Satoshi Nakamoto in 2009, remains the king of cryptocurrencies. Thanks to its huge market capitalization and innovative technological solutions, it serves as a model for other cryptocurrencies.
2. **Ether (Ethereum)** Ethereum is more than just a cryptocurrency. This platform allows you to create decentralized applications using smart contracts. Its ecosystem is extremely active and extensive.
3. **Cardano (Cardano)** Cardano is a blockchain platform that is actively working to improve the cryptocurrency leap. It is distinguished by a scientific approach to development and high safety standards.
4. **Solana** Solana is a fast-growing blockchain space that is attracting attention for its high performance and low fees. It is becoming increasingly popular among developers and investors.
5. **Ripple** Ripple is known for its attempt to transform the international payment system using blockchain. This cryptocurrency works in partnership with many financial institutions.
6. **Polkadot** Polkadot is a multi-chain platform that aims to enable interoperability between different blockchains. This opens up new opportunities for collaboration between blockchains.
7. **Tethering** Tether is a stablecoin pegged to the US dollar. It is one of the most popular cryptocurrencies among traders and investors looking for stability.
These cryptocurrencies are just a few examples of how the cryptocurrency market will evolve in 2023. Investors and developers continue to explore the potential of these innovative assets and we can watch this exciting market with interest.#BTC #ETH #Crypto2023 $BNB #TetralandoNFT $HOOK
💰💰Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network
🍋🍋The U.S. dollar-Japanese yen (USD/JPY) pair has replaced the bitcoin-dollar pair (BTC/USD) as the most traded on the decentralized finance (DeFi) leveraged trading platform Gains Network.Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts.The USD/JPY pair has a registered trading volume of $21.64 million in the past 24 hours, nearly 40% greater than BTC/USD’s $15.51 million and highest among all assets, according to data sourced from Dune Analytics. GBP/USD is the third most traded pair, with EUR/JPY taking the fifth spot.The dollar-yen pair is also the fourth most traded of the past seven and 30 days.These numbers reveal a growing interest in trading traditional markets over the DeFi rails. That said, the daily turnover in the global foreign exchange market is worth over $7 trillion. Bringing a sizeable chunk of that market on a decentralized platform is easier said than done, considering the scaling issues.Traders bet millions on yen strengthEarly Thursday, some traders took sizeable leveraged short positions in USD/JPY and EUR/JPY pairs on Gains’ Arbitrum-based platform, betting on appreciation in the Japanese yen.Perhaps these market participants expect the Bank of Japan to intervene in the foreign exchange markets to halt the yen’s slide. The yen bulls have faced nothing but disappointment this year, with USD/JPY rising 14.7% to 150.00. The way USD/JPY options have been priced recently suggests expectations for wild swings in the exchange rate."Someone betting big on @GainsNetwork_io on a Bank of Japan intervention in the JPY fx markets," pseudonymous market observer DefiMoon said on X. “The last time USD/JPY got above 150 in October 2022; the BoJ stepped up biggly.""These are probably the biggest fx trades on gTrade since the platform launched,” DefiMoon added.The USD/JPY seller deposited $179.6K in collateral to raise a bearish bet worth $8.26 million. The EUR/JPY short position is worth $8.48 million.👁️What do you think about the latest action in the world of decentralized finance? Share your thoughts and opinions about this subject in the comments section below.#Crypto2023 #BTC #TetralandoNFT $USDC $MATIC $LINK
How BNB Chain Users Can Now Use Lido’s Staked Ether
♻️BNB chain users can now utilize Lido’s wrapped staked Ether (wstETH) across the network’s decentralized finance (DeFi) protocols through a LayerZero integration.Liquid staking has gained prominence, and the Lido protocol boasts the highest Total Value Locked (TVL). The platform provides staked Ether (stETH) for users who stake their Ethereum (ETH) tokens through Lido, which helps the users experience the benefits of staking without a lock-in period.However, the stETH tokens are not compatible with all the chains.♻️Lido Brings wstETH to BNB ChainAccording to a press release shared with BeInCrypto, the bridging infrastructure protocol LayerZero will enable the compatibility of the wrapped version of the staked Ethereum – wstETH on the BNB chain. Hence, the community can use the token on the DeFi protocols that are native to the BNB chain.The screenshot below shows that the BNB chain had over a million daily active addresses on Oct. 24.Read more: The Ultimate Guide to Lido Staked ETH (stETH)BNB chain daily active addresses. Source: YCHARTSFurthermore, DeFi projects on the BNB chain also have the option to integrate wstETH into their services. Commenting on this development, the BNB chain core team said:“We’re thrilled to welcome Lido, one of the industry’s most popular protocols, to the BNB Chain ecosystem via LayerZero’s bridging infrastructure. By introducing native wstETH into BNB, we bring greater accessibility, decentralization and a streamlined DeFi experience to our users.”While the BNB chain welcomes Lido’s wstETH tokens, its users faced a setback in August. On Aug. 19, BeInCrypto reported that the non-fungible token (NFT) marketplace OpenSea ended support for the NFT transactions on the BNB chain. It cited:“As our space evolves, we need to align resources with the most promising efforts. We’ve decided the cost to continue supporting [BNB chain] outweighs the impact.”Read more: 11 Best DeFi Platforms To Earn With Lido’s Staked ETH (stETH) 🗣️ DisclaimerThe content of this publication does not constitute financial advice. Always do your own research.👁️Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇#BTC #Crypto2023 #TetralandoNFT #Trading $ETH $BNB $XRP
🍋🍋🍋🍋🍋🍋🍋🍋🍋🍋 🎃In 2010, an engineer from California named Jeremy Garner bought 5,000 bitcoins when their value was only $20💰💰.He purchased them through the Mt.Gox exchange, one of the first cryptocurrency exchanges.
Garner did not expect Bitcoin🔥 to become such a popular cryptocurrency and forgot about his coins for several years. Please note that Mt.Gox has been the subject of several serious cyber attacks and issues, and many users have lost their funds to this exchange.
Garner has now become one of the richest bitcoin 🚀owners in the world thanks to the significant increase in its value. This story is a prime example of how important it is to keep your investments 💰💰and monitor the market as they can accidentally turn into great wealth over time.
👉But it is worth noting that success stories are also accompanied by stories of risk, and investing in cryptocurrency is always associated with uncertainty and market volatility.👍
🅰️🗣️Disclaimer The content of this publication does not constitute financial advice. Always do your own research.
🅱️👁️Share your thoughts on the matter in the comments section below.✍️✍️✍️👇👇👇
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