#crypto2023 #Regulation #cbdc #originalcontent

With the increasing demand for assistance in the development of Central Bank Digital Currencies (CBDCs), the International Monetary Fund (IMF) has revealed its plans to promote the digital currency's growth globally. The IMF has stated that over 40 countries have approached the organization since February 2023 seeking support for the development of CBDCs. As a result, the IMF has released a document outlining its role in the development of these currencies.

The document, which is available on the IMF's website, explains the policies and plans that the IMF has been implementing to enhance the capacity for CBDC issuance. The organization has already been advising around 30 countries on the matter, and it plans to provide a "Manual for the development of digital currencies" as part of its support.

The IMF is collaborating with other organizations such as the World Bank and the Bank for International Settlements (BIS) in the development of CBDCs. For instance, the BIS is participating in a project that aims to promote the use of CBDCs in cross-border payments.

The IMF's focus is on technical training to enhance capacity in CBDCs. The organization aims to complement the work of other international organizations, preventing duplication of effort. A concrete example of collaboration with other international organizations is the development of capacity to improve cross-border payments with CBDCs. This task was assigned to the IMF and the World Bank by the G20, in close collaboration.

According to research by the IMF, there is a high level of interest in CBDCs among countries and regions worldwide. More than 100 central banks, including China with its digital yuan and the Bahamas with its sand dollar, are interested in launching their own digital currencies to compete in the Bitcoin ecosystem.

To respond to the growing demand for technical assistance from member countries of the IMF, the organization has produced a document that summarizes the technical research conducted by its experts. This document is a preliminary guide to the upcoming release of a comprehensive manual, which will be presented at the annual meeting in 2023.

The manual will be a compendium of knowledge and experiences regarding CBDCs. It will serve as a basis for capacity development, and will hopefully help countries make informed decisions when designing and issuing their own digital currencies.

In summary, the IMF is playing a crucial role in promoting the development of CBDCs worldwide. The organization's plans include technical training and collaborations with other international organizations to enhance capacity and prevent duplication of efforts. The release of the upcoming comprehensive manual will provide valuable guidance to countries seeking to create their own digital currencies.

A Bitcoin ETF (Exchange-Traded Fund) is a financial product that allows investors to gain exposure to Bitcoin without actually owning the underlying asset. Essentially, a Bitcoin ETF allows investors to buy and sell shares in a fund that holds Bitcoin as its underlying asset.

The idea behind a Bitcoin ETF is to make it easier for investors to invest in Bitcoin. Instead of having to go through the hassle of buying and storing Bitcoin themselves, investors can simply buy and sell shares in the ETF through their brokerage account. This can make it easier for institutional investors and other large investors to invest in Bitcoin, as well as making it more accessible to individual investors.

Bitcoin ETFs are regulated financial products, which means that they must meet certain regulatory requirements before they can be listed on an exchange. The first Bitcoin ETF was launched in Canada in February 2021, and there have been efforts to launch similar products in the United States and other countries.

Thanks for reading,

Altaaf The Binancian.

#originalcontent #Binance #crypto2023 #BTC #AltaafTheBinancian

Price action is considered the "king" in chart making because it provides traders with the most relevant and up-to-date information about market movements. Price action is simply the movement of an asset's price over time, and it is reflected in the price chart.

Price action reflects the supply and demand dynamics of the market, as well as the sentiments and emotions of traders. Traders who use price action analysis can interpret market movements and patterns to identify potential trading opportunities and make informed trading decisions.

Some benefits of price action analysis include:

Real-time information: Price action provides traders with the most up-to-date information about market movements. Unlike lagging indicators, which rely on past price movements, price action is a current reflection of market sentiment.

Simplicity: Price action analysis is relatively simple compared to other forms of technical analysis, as it focuses solely on the price chart and does not require complex calculations or formulas.

Flexibility: Price action analysis can be used in any market, on any time frame, and with any asset. Traders can use the same principles of price action analysis to trade stocks, forex, commodities, and more.

Reliability: Price action analysis can be a reliable indicator of market movements, as it reflects the true sentiment of traders in the market.

Overall, price action analysis is considered the "king" in chart making because it provides traders with real-time, relevant information about market movements, which can be used to make informed trading decisions.

#Priceanalysis #Binance #originalcontent #dyor

How much we each value money is an interesting concept. It may seem that some people value it less than others. Others are willing to work harder for it too. While these concepts are pretty abstract, when it comes to valuing money over time, there is, in fact, a well-established framework. If you're wondering whether to wait for a larger end-of-year raise or get a smaller one now, the time value of money is a great principle to learn.

Introducing 

The time value of money (TVM) is an economic/financial concept that states it's preferable to receive a sum of money now than an equal amount in the future. Within this decision is the idea of opportunity cost. By choosing to receive the money later, you miss the opportunity to invest it in the meantime or use the money for some other valuable activity.

Let's look at an example. You loaned your friend $1,000 a while back, and they've now got in touch to return it. They offer to give you the $1,000 today if you pick it up, but tomorrow they're going on a round-the-world trip for one year. However, they would give you the $1,000 once they're back in 12 months.

If you're feeling particularly lazy, you may wait 12 months. But the TVM means you'd be better off picking it up today. Within those 12 months, you could put it in a high-interest savings account. You could even wisely invest it and make some profit. Inflation would also mean that your money is worth less 12 months into the future, so you're actually being paid less in real terms.

An interesting question to consider is what would your friend have to pay you in 12 months to make it worth the wait? For one thing, your friend would at least need to offset the potential earnings you could make in the 12 months waiting period.

What Is Present Value and Future Value?

We can summarize this whole conversation neatly in a succinct formula known as the TVM Formula. But before we jump into that, we need to get some other calculations out of the way first: the present value of money and the future value of money. 

The present value of money lets you know the current value of a future sum of cash, discounted at the market rate. Looking at our example, you might want to know what the $1,000 from your friend in one year is actually worth today.

The future value is the opposite. It looks at a sum of money today and calculates what its worth will be in the future at a given market rate. So, the future value of $1,000 in a year would include a year's worth of interest.

Inflation effect

As of yet, we've not factored inflation into our calculations. What good is a 2% per annum interest rate when inflation is running at 3%? In periods of high inflation, you may be better off plugging in the inflation rate rather than the market interest rate. Wage negotiations are one place where this is commonly done.

However, inflation is a much trickier thing to measure. For one, there are different indexes to choose from that calculate the increase in the price of goods and services. They commonly provide different figures. Inflation is also fairly hard to predict, unlike market interest rates. 

In short, there isn't much we can do about inflation. We can build into our model a discounting aspect for inflation, but as mentioned, inflation can be wildly unpredictable when it comes to the future.

the dollar has devalued against gold by more than 95% over time.

How Does the Time Value of Money Apply to Crypto

There are multiple opportunities in crypto where you can choose between a sum of crypto now and a different sum in the future. Locked staking is one example. You may have to make a choice between keeping your one ether (ETH) now or locking and getting it back in six months with an interest rate of 2%. You may, in fact, find another staking opportunity that offers a better return. Some simple TVM calculations can help you find the best product.

More abstractly, you might be wondering when you should buy bitcoin (BTC). Although BTC is commonly called a deflationary currency, its supply actually increases slowly until a certain point. This, by definition, means it currently has an inflationary supply. Should you then purchase $50 of BTC today or wait for your next paycheck and buy $50 next month? TVM would recommend the former, but the actual situation is more complex due to the fluctuating price of BTC.

Interest rates, yield, and inflation are common in our daily economic lives. The formalized versions we worked on today come in great use to large companies, investors, and lenders. For them, even a fraction of a percent can make a huge difference to their profits and bottom line. For us, as crypto investors, it's still a concept worth keeping in mind when deciding on how and where to invest your money for the best returns.

#originalcontent #OriginalContent #Binance #crypto2023 #APfinanciero

I have already told you that expect the pump on the Bitcoin, but on the mid-term it does now looking good and I suppose it will crash in the upcoming week.

Awesome oscillator helps us to mark the Elliott waves in the correct way. Rememeber that it has the maximum value in the wave 3. Therefore all this sideways move is just a correction. This is the most annoying wave 4 which can lasts up to 70% of entire waves cycle. Obviously wave 4 is about to end and very soon we are going to see the pump.

I consider there is gonna be the short squeeze a little bit higher than $30k. Just imagine how greedy the crowd is gonna be. I am looking for the divergence with AO and bearish reversal bar at the very top to short the market. This potential dump is goona be huge and I am ready for this.

Chart 1. BTC price.

Best regards, Ivan

Subscribe now and never miss an update 👍 #BTC #crypto2023 #dyor #skyrex #originalcontent

Introduction

Decentralized finance, also known as DeFi, has been rapidly gaining popularity and disrupting traditional financial systems. In recent years, it has emerged as a groundbreaking concept that holds the potential to revolutionize the way we manage our finances. By leveraging blockchain technology and smart contracts, DeFi solutions provide individuals with unprecedented control, transparency, and accessibility over their financial assets. In this article, we will delve into the impact of decentralized finance solutions in everyone's daily lives, exploring the various ways they are transforming the financial landscape.

Enhanced Financial Inclusion

Decentralized finance solutions have the power to enhance financial inclusion on a global scale. Traditional banking systems often impose stringent requirements and exclude individuals without access to the necessary documentation or those residing in remote areas. However, DeFi platforms eliminate these barriers by allowing anyone with an internet connection to participate in financial activities. Through decentralized lending and borrowing protocols, individuals can obtain loans without relying on traditional intermediaries, ensuring that even the unbanked population can access financial services.

Borderless Transactions

One of the significant advantages of decentralized finance is its borderless nature. Traditional financial systems often involve lengthy and expensive cross-border transactions, requiring intermediaries and incurring significant fees. With decentralized finance solutions, individuals can send and receive funds across borders seamlessly and at a fraction of the cost. By leveraging blockchain technology, these transactions can be executed directly between parties, eliminating the need for intermediaries and reducing transaction fees.

Elimination of Intermediaries

Decentralized finance solutions empower individuals by eliminating the need for intermediaries such as banks, brokers, and insurance companies. Traditional financial systems rely on these intermediaries to facilitate transactions, validate identities, and ensure trust. However, DeFi platforms utilize smart contracts, which are self-executing agreements stored on the blockchain, to automate these processes. This not only reduces costs but also minimizes the potential for human error and manipulation.

Increased Privacy and Security

Privacy and security are paramount when it comes to financial transactions. Traditional financial systems require individuals to disclose personal information, making them susceptible to data breaches and identity theft. Decentralized finance solutions address this concern by providing individuals with increased privacy and security. Since transactions on the blockchain are encrypted and pseudonymous, personal information is not directly exposed. Additionally, the decentralized nature of these platforms reduces the risk of centralized hacks, as there is no single point of failure.

Access to Investment Opportunities

Decentralized finance solutions offer individuals access to a wide range of investment opportunities that were previously inaccessible or reserved for accredited investors. Through decentralized exchanges (DEXs) and liquidity protocols, individuals can trade and invest in various assets, including cryptocurrencies, tokens, and even real-world assets like real estate. This democratization of investment opportunities allows individuals to diversify their portfolios and potentially earn higher returns.

Empowerment of Content Creators

Content creators, such as artists, musicians, and writers, have historically struggled to receive fair compensation for their work due to the involvement of intermediaries and copyright infringement issues. However, decentralized finance solutions, particularly non-fungible tokens (NFTs) and blockchain-based royalty systems, are changing the game. NFTs enable creators to tokenize their digital creations, ensuring provenance and establishing ownership rights. Moreover, blockchain-based royalty systems automate the distribution of payments, ensuring that creators receive fair compensation whenever their work is used or sold.

Smart Contract Automation

Smart contracts play a crucial role in decentralized finance solutions, enabling the automation of various financial processes. These self-executing contracts are programmed to execute predefined actions when specific conditions are met. For instance, smart contracts can automate loan repayments, interest calculations, and even insurance claims. This automation not only eliminates

Financial Empowerment

Decentralized finance solutions empower individuals to have full control over their financial assets. Unlike traditional systems where individuals rely on third parties to manage and control their funds, DeFi platforms allow users to be their own custodians. With the help of digital wallets and private keys, individuals can securely store and manage their assets without the need for a centralized authority. This level of control gives individuals the freedom to make financial decisions according to their own preferences and risk appetite.

Global Access to Capital

Decentralized finance has opened up new avenues for accessing capital on a global scale. Through decentralized lending platforms, individuals can borrow funds from a global pool of liquidity providers, irrespective of their geographical location. This means that entrepreneurs in developing countries who may have limited access to traditional funding sources can now raise capital for their business ventures. Additionally, decentralized fundraising platforms, known as Initial Coin Offerings (ICOs) and Initial Decentralized Exchange Offerings (IDOs), allow startups to raise funds directly from the public, bypassing the traditional venture capital route.

Financial Innovation and Experimentation

Decentralized finance solutions have created a fertile ground for financial innovation and experimentation. With the open-source nature of DeFi protocols, developers and entrepreneurs can build and launch their own financial applications on existing blockchain platforms. This has led to the emergence of novel concepts such as decentralized derivatives, prediction markets, yield farming, and decentralized insurance. The decentralized nature of these innovations encourages collaboration and community involvement, fostering a vibrant ecosystem of experimentation and improvement.

Conclusion

Decentralized finance solutions are disrupting the traditional financial landscape and transforming the way we manage our finances. From enhanced financial inclusion and borderless transactions to the elimination of intermediaries and increased privacy and security, the impact of DeFi on everyone's daily lives is significant. These solutions provide individuals with unprecedented control over their financial assets, access to investment opportunities, and the ability to monetize their creative work. Furthermore, the automation enabled by smart contracts streamlines financial processes and enhances efficiency. As decentralized finance continues to evolve, its potential to revolutionize the financial industry and empower individuals worldwide is undeniable.

#feedfeverchallenge #originalcontent #educational #keepbuilding #decentralizedfinance

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

In the world of cryptocurrency trading, investors have access to various types of digital assets, including spot tokens and leverage tokens. While both of these tokens offer unique opportunities for traders to invest in the cryptocurrency market, there are significant differences between them. In this article, we will explore the differences between leverage and spot tokens and how they work.

What are Spot Tokens?

Spot tokens, also known as spot coins, are digital assets that represent ownership of a particular cryptocurrency at the current market price. When you purchase a spot token, you are buying the underlying asset and holding it in your wallet. For example, if you buy a spot token for Bitcoin, you are purchasing actual Bitcoin that you can hold or transfer to other wallets.

Spot tokens are popular among long-term investors who believe in the long-term potential of cryptocurrencies. They can also be used for day-to-day transactions, such as buying goods and services.

What are Leverage Tokens?

Leverage tokens are digital assets that allow traders to amplify their returns by using leverage. These tokens are designed to track the price movements of an underlying asset such as Bitcoin, Ethereum, or other cryptocurrencies, but with a leverage factor applied. This means that a small investment can yield larger profits or losses, depending on the direction of the price movement.

For example, a 3x leverage token for Bitcoin will provide three times the return of Bitcoin's price movement in the market. If Bitcoin increases by 10%, the 3x leverage token will increase by 30%, but if Bitcoin decreases by 10%, the token will decrease by 30%.

Leverage tokens are designed for short-term trading and are popular among day traders and speculators who want to profit from short-term price movements in the market.

Key Differences between Spot Tokens and Leverage Tokens

Ownership and Control

Spot tokens represent actual ownership of the underlying cryptocurrency, and investors can hold them in their wallets, transfer them to other wallets, or use them for transactions. On the other hand, leverage tokens do not represent ownership of the underlying asset, and investors do not have control over the asset itself.

Risk and Reward

Spot tokens carry less risk than leverage tokens, as their value is tied directly to the underlying cryptocurrency's price. Leverage tokens, on the other hand, are subject to higher risk due to the use of leverage, which amplifies both profits and losses.

Time Horizon

Spot tokens are typically used for long-term investments, while leverage tokens are designed for short-term trading. Leverage tokens are subject to decay, which means that the longer you hold them, the more their value will decrease due to market fluctuations.

Trading Volumes and Liquidity

Spot tokens typically have higher trading volumes and greater liquidity than leverage tokens. This means that it is easier to buy and sell spot tokens quickly, while leverage tokens may have lower trading volumes and liquidity, which can lead to slippage or difficulty exiting a position.

Conclusion

Spot tokens and leverage tokens are two distinct types of digital assets that offer unique opportunities for investors to invest in the cryptocurrency market. Spot tokens represent actual ownership of the underlying asset and are used for long-term investments, while leverage tokens use leverage to amplify returns and are designed for short-term trading. #originalcontent

The importance of #blockchain technology as a powerfull solution for the main problems that our society and our ecosystem have been facing for a long time, cannot be overstated.

I find extremely important to create awareness on how this technology can became a sustainable solution, fast and worldwide.

In that endeavor, I want to share a short list with some examples of how Blockchain technology can help and solve issues related to our ecosystem and also to social emergencies.

Carbon Footprint & Carbon credits: Blockchain can be used to create a secure and transparent platform for the removal of CO2 from the atmosphere, with carbon credits and a process of reforestation, something that is starting to happen. This could help incentivize companies and individuals to reduce their carbon footprint and support sustainable practices. We all contaminate, in a small or larger scale.

Wildlife protection: Conected with the reforestation of vast areas, Wildlife can return to their original natural environment. Blockchain can help to secure and protect these areas, tracking species and helping in the control of illegal hunting of protected animals.

Reforastation is a fundamental process for CO2 removal and wildlife recovery.

Renewable energy: Blockchain can be used in the same way as in Carbon credits, with Energy credits, incentivizing the adoption of clean energy sources and renewable energy. At the same time, this can help to bring energy to areas with no insfraestruture.

Access to clean water: Yes, still in 2023, millions of people around the world don't have access to clean water. Blockchain can be the solution for the necesary infraestructure, providing transparency in water management and treatment facilities, monitoring water quality, being very important in areas of high contamination, ensuring that clean water is being delivered to communities.

Our World Data - Access to clean water in 2020.

These are just some examples of many more in which Blockchain technology has the power to revolutionize how we engage with the main emergencies that our planet and humans still go through.

Is in our hands to explain to everyone that wants to listen that this technology can reach much further than we originally thought and not in that fixed area where, sometimes, traditional media places it.

What ideas do you have to apply these new technologies to face the main problems in our world? Share them! 👇

-----------------------------

*Written by Matias Calzada for Xave World Academy on #Binance Feed

#originalcontent

Friends, I think everyone has already noticed that Elon Musk decided to once again disturb the crypto market, namely Dogecoin.

The main logo of Dogecoin was displayed on the main page of Twitter together with a bird sign, which caused a strong public reaction, a huge number of crypto influencers noticed it and wrote in their posts.

After this action, the price of this meme token increased by 30%, which was used by the smartest traders.

Some managed to buy Dohi Coin at $ 0.081 and sell it at $ 0.1$

I also managed to earn a little money on this speculation, write in comments what you think about this situation!

#OriginalContent #originalcontent #DOGE #twitter #crypto2023

Hello, guys!

I am still holding my 50% of long position because consider another one leg up. I know it sounds funny becuase I promised you insane short for a long period of time, but market is alife and as you could see I had to close all my short trades in small profit/loss and re-enter long trade again. We have to follow the trend.

I consider that current pump is wave 5 inside wave 5. And in this structure BTC is printing the wave 4. Target area for this wave is 0.38 Fibonacci retracement for wave 3 and now this target has been almost reached. The last wave 5 is ahead in my opinion. We cah see the local higher high or even trimmed wave.

Chart 1. BTC price.

Best regards, Ivan

Subscribe now and never miss an update 👍 #originalcontent #BTC #crypto2023 #dyor #skyrex

When we say social media browsing, online shopping, digital games, the Internet has become an integral part of our daily life. The increase in our virtual habits has inevitably brought the need for a faster, reliable and personalized Internet to the agenda. This is exactly what Web 3.0, whose name we have started to hear often in recent years, promises. By making use of artificial intelligence technology, it is preparing to provide us with the most relevant data and create a more transparent sharing environment.

So how is this actually going to be possible? To understand, first of all, what is Web 3.0, what is the difference from previous versions, it is useful to know. So let's take a short trip now on the evolutionary journey of the Internet and what awaits us in the future.

What is Web 3.0?

Web 3.0 is still in the development stage. For this reason, there is no universally accepted definition. However, we can say that there is a new version of the Internet based on the blockchain system that is planned to be passed in the future. This technology, which we can call the third generation of the Internet, makes use of artificial intelligence (AI) and machine learning. In this way, it has the ability to understand, interpret, categorize the content it collects just like a human, create and share better content. Imagine that you are learning from machines how the photo you will put on your social media account is. Or machines create comments about the movie you're watching. In fact, there are currently some programs that use this technology. Apple's virtual assistant Siri or Amazon's virtual assistant Alexa can detect users' voice commands and provide them with the most accurate information.

Another example is Wolfram Alpha. This information engine, which uses artificial intelligence technologies, is able to calculate search terms Decently unlike Google. In other words, instead of listing the most relevant web pages related to the searched concept, it presents the data related to that concept to the user in a numerical format.

What is the difference between Web 1.0 and 2.0?

Web 1.0, the oldest version of the Internet, comes across as an information provider where users can only consume content instead of producing it, and interaction is very limited. during this period, which passed from the 1990s to 2004, people can mostly use websites to get information.

With the transition to a higher version of the Internet, Web 2.0, our digital experiences are also beginning to diversify. For example, take a look at the social media platforms we use. Thanks to the content we share, we interact almost continuously. Now we can contribute to websites with our comments, rate businesses on Google, create an agenda with a tweet we send on Twitter, share many moments with our followers on Instagram, deliver a video we post on TikTok or YouTube to millions of people in seconds and allow them to share them with each other. In short, thanks to the Web 2.0 infrastructure, we can experience the Internet socially and interactively.

Web 3.0, on the other hand, refers to a new web technology in which content production is carried out by artificial intelligence (AI). In other words, thanks to the software running with artificial intelligence technology, the data is collected and reproduced by making it compatible with the user. It is also expected that this will allow us to reach more objective conclusions. After all, it is assumed that since the information is not created by humans, it will not undergo any changes either.

Web 3.0 refers to a new web technology in which content production is carried out by artificial intelligence. In other words, thanks to the software running with artificial intelligence technology, the data is collected and reproduced by making it compatible with the user.

Another obvious difference between Web 2.0 and previous versions is the way information is stored.Dec. In Web 2.0, our information is registered to the database via the platform we use. In other words, the companies responsible for these platforms can easily access this information. It is not a coincidence that many of the ads we see on Instagram or Facebook today are aimed exactly at our needs. Web 3.0 plans to use a new information collection and distribution network based on the blockchain system instead. To understand this, let's first briefly remember what blockchain is. This technology, which makes it easier to manage our crypto assets, is actually an improved registration system. It tracks our transactions such as paying, ordering through the networks we connect our crypto wallet to. Here,

Web 3.0 is expected to use the same technology. It makes our interactions on the internet secure by connecting the system-defined blockchain with our accounts. Thus, it also prevents the data we share with each other from reaching third parties. In short, thanks to the high-security software used in this technology, we do not need any central authority to store our personal data, we can control them ourselves.

What awaits us in the future?

Today, many platforms are working to become compatible with Web 3.0 technology. They aim to provide the user with the fastest, accurate and objective information. If the expected change takes place, we will no longer need to communicate through various platforms. It will be possible for us to connect with each other via a decentralized network system without social media accounts, websites or applications.

In order for us to use Web 3.0, we need to define our crypto wallets to the system. In this way, we are able to maintain our interactions on social media accounts and applications. In return for our contributions on the Internet, it is stated that we will receive crypto payments.

In this case, the popularity of cryptocurrencies is likely to increase gradually. NFT collections can take more place in our lives with the transition to the Web 3.0 version of the increasing use of digital money with the Metaverse.

On the other hand, whether Web 3.0 will create a new vulnerability is another topic of discussion. There is still a risk that our digital wallets will be copied by various social engineering attacks. In addition, some attackers may threaten the security of our information by placing malicious software on the blockchain. This situation inevitably leads to the need to eliminate legal vulnerabilities in smart contracts.

After all, since web 3.0 is still in the development phase, it is difficult to know exactly what it promises us in the future. But it is also a fact that an extraordinary technological revolution is at the door, in which we interact more with software…

#originalcontent #Binance #buildtogether #keepbuilding #Web3

Hello, I am going to follow my trading plan which I shared yesterday. Now BTC has already formed the bearish reversal bar next to the upper band of the trading range.

It's not enough to jump into short trade. First of all I wanna see the confirmation - breakdown of the $30143 price level. This bar also is a squat bar and has a great angulation with the alligator. Therefore in case of the confirmation I will consider this swing as the trimmed wave 5 inside wave 5 from my previous articles.

Chart 1. BTC price

Best regards, Ivan

Subscribe now and never miss an update 👍#bitcoin #BTC #dyor #skyrex #originalcontent

#bitcoin #BTC #crypto2023 #Regulation #originalcontent

Bitcoin has made its presence known in Argentina's government agencies, pushing them to adapt to the regulatory challenges posed by new financial technologies. In a statement issued on Tuesday, April 11, the National Securities Commission (CNV), responsible for regulating negotiable securities, indicated that its objective is to adapt to the new regulatory challenges posed by emerging technologies in the field of financial products, as well as to stimulate the development of innovative products by regulated agents in the capital markets.

As part of its strategic agenda for innovation, the CNV has approved regulations for futures contracts on the Bitcoin Index Matba Rofex, which will be traded and settled in Argentine pesos and will not include delivery of the underlying asset. The composition of the index will be based on Bitcoin price information provided by various price providers and entities that facilitate the BTC/ARS pair with Argentine peso deposits through bank transfer.

Qualified investors will be able to safely and transparently acquire exposure to Bitcoin price variations through derivative products traded on regulated market infrastructures, according to the CNV. Matba Rofex S.A. is also required to include warnings about the risks associated with these operations and to incorporate alerts for investors about the possible contingencies in the formation of the instrument.

It is important to note that the CNV does not have jurisdiction or exercise any supervision or control over these providers, but Matba Rofex S.A. must establish as a condition of eligibility that they have a valid contract with a Payment Services Provider (PSP) registered with the Central Bank of the Argentine Republic (BCRA) for the provision and use of payment services in the country.

This initiative is a achievement of the CNV's Innovation Hub, a public-private collaboration space to promote exchange with regulated companies and entities with financial technology projects in the capital markets. For Argentine investors, the approval of Bitcoin index futures contracts is a significant development, allowing them to invest in this emerging asset class through a regulated and secure market infrastructure.

Blockchain is a digital ledger technology that enables the secure and decentralized storage of information. At its core, blockchain is a series of blocks, where each block contains a set of transactions that have been verified and added to the ledger. Here is a simplified explanation of how blockchain works:

Transactions are initiated: Transactions are initiated by users who want to transfer or exchange digital assets, such as cryptocurrencies. Each transaction is recorded and broadcast to the network.

Verification process: Transactions are verified by multiple nodes (computers) on the network using complex algorithms. The nodes check the transaction to ensure that the user has the necessary funds, the transaction is not fraudulent, and that it is consistent with the network's rules.

Block creation: Once a group of transactions has been verified, they are added to a block. Each block contains a unique code called a "hash," which is generated by combining the transactions and the previous block's hash.

Block validation: The block is then broadcast to the network, where other nodes validate it by checking the hash, verifying the transactions, and making sure that the previous block's hash matches.

Addition to the blockchain: Once the block is validated by the network, it is added to the blockchain, and the transactions become part of the permanent ledger. Each subsequent block in the chain includes the previous block's hash, creating a secure and unalterable chain of blocks.

Consensus: The blockchain network uses a consensus mechanism, which is a set of rules that ensure that all nodes agree on the state of the ledger. This mechanism helps to prevent fraudulent activity, maintain the integrity of the network, and ensure that all transactions are valid.

Overall, blockchain provides a secure and transparent way to store and transfer digital assets, and it has the potential to revolutionize a variety of industries, from finance to healthcare to logistics.

#originalcontent

What is Metaverse?

Metaverse refers to the state of virtual reality technology on the fictional universe. The investment in Metaverse technology, which aims to connect users to this digital world on the Internet, continues to increase day by day. In addition to the multibillion-dollar investments of giant companies such as Facebook, Microsoft, Epic and Roblox, there is also an increase in the number of businesses opening virtual stores in a digital environment.

The Benefits that Metaverse Can Provide in the Future

Metaverse aims to increase the interaction between people by transferring the avatars in the digital world, as well as the physical surroundings and external Decencies of the users to the virtual universe. The benefits that metaverse technology can provide in the future are as follows:

Shopping and examining the products in the virtual store with augmented reality technology

Managing projects with teammates thanks to the digital office on the Metaverse

Playing 3D games and organizing tournaments

To create avatars according to personal tastes and to improve creativity by making changes on the digital Decal

In addition to physical unity, to bring users together in the digital universe to enable them to socialize Decently.

To eliminate physical boundaries and create a feeling of liberation in users thanks to the digital universe.

What is a Metaverse Plot? Dec.

Metaverse land refers to the land in the virtual universe that users can buy with digital assets offered by blockchain technology. Decapitation refers to the land in the virtual universe that users can buy with digital assets offered by blockchain technology.

These plots, which are made up of parts in the metaverse universe, are represented as NFT and given full ownership rights. Just like in physical life, these digital plots, which can be Decoupled, sold or rented, can also be used as passive income investments with strategic studies. To increase the value of the plot, you can add buildings, vehicles, offices, game trails or other digital assets to any area you buy in the metaverse universe and reflect your creativity.

Who Founded the Metaverse?

The concept of the Metaverse, first mentioned in the science fiction novel Snow Crash in 1992, was originated by Neal Stephenson, the author of the corresponding novel. Although Neal Stephenson was the founder of the concept of the metaverse, the person who led to the formation and development of awareness of this technology is Mark Zuckerberg, the founder of Meta, under the new name of Facebook. In addition, it is impossible for the Metaverse universe, which is in a decentralized structure, to have a single owner. Today, metaverse technology offers investments such as OVR and Sandbox. Metaverse continues to grow in popularity with the claim of virtualizing the universe and users in the future.

The Relationship between the Metaverse and the BlockChain

One of the most curious topics in the Metaverse universe was related to how transactions such as selling, buying or renting digital land were carried out. This is where the metaverse and blockchain relationship comes into being. Metaverse; It undertakes the duty of a bridge for the presentation of digital assets created with blockchain to users in the virtual universe. At the same time, coins, which are also used for buying, selling or leasing digital assets, highlight blockchain technology. In the future, the popularity, social activities, technological infrastructure and opportunities offered to users of the Metaverse universe, which will combine blockchain, NFT, artificial intelligence and augmented virtual reality technologies, are expected to continue Decelerating. #originalcontent #Binance #Metaverse #nftcommunity #BTC

#crypto lender, Celsius Network, plans to file a disclosure statement on April 12th for its Chapter 11 restructuring plan. The statement will provide information for claim holders to vote on the proposed restructuring plan, which involves creating a public platform fully owned by Earn creditors called NewCo. 

The majority of Celsius Network's board members will be appointed by the committee of unsecured creditors. A hearing for approval of the disclosure statement is scheduled on May 17th, with a subsequent vote on the plan.

#coingabbar #originalcontent #crypto2023 #crypto