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Polkadot Price Prediction 2022-2026-Will DOT Price Hit $30 by the end of 2022?

Polkadot Launches Parachains, Expanding Scalability

DOT is the native token of the Polkadot network and it is used for staking for operations, bonding tokens to connect to flagships, and network governance. One of the aims of the Polkadot protocol is to provide the foundation for the creation of decentralized internet of blockchains known as web3. Polkadot provides the necessary tools for the creation of decentralized applications, services, and institutions controlled by the users. Polkadot (DOT) has four components which are relay chain, bridges, parachains, and parathreads. What is Polkadot (DOT)? SOL is the token used to carry out transactions within the Solana open-source blockchain. The blockchain can be used to build decentralized applications and also deploy smart contracts. It was launched in March 2020 with Anatoly Yakovenko as the main co-founder. Dot is used as the token for transactions on the Polkadot blockchain. Polkadot is a sharding chain in that it helps the transfer of data and assets from one blockchain to another to improve scalability. It was founded in 2016 by Gavin Wood, Peter Czaban, and Robert Havermeier. Now, let’s see Polkadot’s (DOT) price analysis for coming years. Polkadot (DOT) Price Analysis Flashback: Fundamental Analysis of Polkadot (DOT) A research report by Messari on-chain published that Polkadot (DOT) is the highest altcoin that is held by Venture Capital fund managing organizations in the fourth quarter of 2021. This shows that although, DOT is the 12th cryptocurrency with a market capitalization of about $17.32 billion. This news might push more investors to hodl the coin for the long term which will directly move the price higher. Nodle, a decentralized wireless network that provides secure and low-cost connectivity and data liquidity to connect billions of devices worldwide has won the Polkadot challenge for developers who registered for Parachains. With a large number of Nodle users and the over 2.48 million DOT used in the challenge, more users in the crypto community will be exposed to the Polkadot blockchain which will directly impact positively on the price of DOT. Now, let’s look at charts to see what it says about the price analysis of Polkadot (DOT). https://www.tradingview.com/x/mixTzdS4/ The Relative Strength Index (RSI) value of Polkadot (DOT) is 48.66 from the link above. This means that the present trend of DOT is neutral since it lies between 30 and 50. However, since it is approaching 50 which means a strong trend, the price of DOT might move higher since the present candlestick is bullish. https://www.tradingview.com/x/TfdKCOHA/ The long-term price of Polkadot (DOT) from the link above is bearish. This is because the 100-MA is above the 200-MA in the 1Day chart of DOT/USDT. https://www.tradingview.com/x/hzuBnu7g/ The link above represents the chart for the William Alligator indicator for DOT/USDT. Since the blue curve called the jaw is above, it means that the present downtrend of Polkadot might continue for a while before a reversal. The section below outlines the Polkadot price prediction for the next five years. Polkadot (DOT) Price Prediction 2022 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2022, the price of DOT will be at least $19, $22, $20, and $30 respectively. Polkadot (DOT) Price Prediction 2023 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2023, the price of DOT will be at least $40, $50, $55, and $80 respectively. Polkadot (DOT) Price Prediction 2024 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2024, the price of DOT will be at least $75, $90, $110, and $150 respectively. Polkadot (DOT) Price Prediction 2025 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2025, the price of DOT will be at least $160, $180, $170, and $250 respectively. Polkadot (DOT) Price Prediction 2026 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2026, the price of DOT will be at least $280, $300, $320, and $500 respectively. DOT Price Prediction: Market Sentiment DOT price prediction from well-known media houses is explained below: PricePredictions According to PricePredictions, the price of DOT will be $22.7 by 2022 and $455 by the end of 2030. DigitalCoins According to DigitalCoins, the price of Polkadot (DOT) will be around $23.3 in 2022 and $80 by the end of 2030. Wallet Investors According to Wallet Investors, the price of Polkadot (DOT) will be $32.5 by next year and $96 in five years. Our Polkadot Price Prediction With the adoption of Polkadot Parachains in mobile data usage by Nodle and a forecast that the mobile global data traffic will be 220.8 million terabytes per month by the year 2026, we can deduce that it is possible for DOT to reach $500 by 2026. Conclusion From the fundamental analysis and the market sentiment around … Continued

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Cosmos Deep-Dive: The Internet of Blockchains

Cosmos Deep-Dive

Cosmos is a permissionless decentralized network of interoperable and independent blockchains that exchange tokens and information. Cosmos was established in order to overcome some of the problems that modern blockchains have. Scalability, governance, and usability are among these concerns. Blockchains can be separated into three conceptual layers from architecture:  Application layer: It updates the state of blockchain based on the execution of transactions.  Networking Layer: It is in charge of ensuring that transactions and consensus-related messages are propagated.  Consensus Layer: It allows nodes to agree on the system’s present state. The Cosmos is a decentralized network of autonomous, scalable, and interoperable blockchains powered by the Tendermint Core Byzantine Fault-Tolerant (BFT) consensus algorithm. Cosmos is all about the multi-chain world, seamlessly communicating data and tokens between numerous sovereign blockchains. This establishes a collaborative ecosystem because no project or blockchain in the ecosystem exists to compete with others; instead, Cosmos connects them all.  Features of Cosmos: Tendermint Core Cosmos SDK IBC Tendermint Core Tendermint BFT combines a blockchain’s networking layer and consensus layer into a generic engine, allowing developers to focus on the development of the application layer rather than the complicated underlying protocol. Tendermint saves hundreds of hours of development time as a result. Tendermint is also the name of the byzantine fault-tolerant consensus method employed by the Tendermint BFT engine. The Application Blockchain Interface connects the application layer of blockchains with the Tendermint BFT engine through a socket. Any programming language of your choice can be used to wrap the protocol, allowing developers to use whatever language best suits their needs. Cosmos SDK The Cosmos-SDK is an open-source framework for creating multi-asset public Proof-of-Stake (PoS) and Proof-of-Authority (PoA) blockchains, such as the Cosmos Hub. Application-specific blockchains are blockchains that have been created using the Cosmos SDK. The Cosmos SDK’s purpose is to simplify developers to build unique blockchains from the ground up that can natively interact with existing blockchains. IBC It’s a protocol that enables different blockchains to communicate with one another. Considering the legalities and constraints that needed to be met to make this communication process a reality was hard. IBC makes it easy to transfer tokens and other data in a trusted and frictionless manner. It opens up a world of possibilities allowing for interoperability and value transfer, without facing the scaling issues which can be seen today in many blockchains. How does IBC work? The logic behind IBC is very simple. Let us suppose, there is an account on chain X, and it wants to send 20 tokens (for eg. ATOM) to chain Y.  Tracking Chain Y receives the headers of chain X continuously and vice versa. This allows every chain to have the track record of the validator set of every other blockchain. For this purpose, each chain runs a light-client of the other. Proof Relay Proof that 20 ATOM tokens are bonded is sent from chain X to chain Y. Validation  The proof sent to chain Y is verified against chain X’s header and if the proof is found valid, then 20 ATOM vouchers are created on chain Y. Keep in mind that, ATOM tokens created on chain Y are not real, because real ATOM tokens still exist on chain X. Tokens present on chain Y are just a representation of ATOM on chain X, along with proof that these ATOM tokens are frozen on chain X. A similar process is followed to unlock the tokens when they return to their origin chain.  Tokenomics Use Cases of ATOM Token ATOM can be used in three ways: as a spam-prevention system, staking tokens, and voting method in governance.  ATOM is used to pay fees as a spam prevention method. Similar to Ethereum’s idea of gas, the fee might be proportionate to the amount of computation required by the transaction. Taking fees is necessary so that malicious actors don’t misuse the blockchain. ATOM can be staked to obtain tokens as rewards. The quantity of ATOM staked determines the Cosmos Hub’s economic security. The more collateralized ATOM there are, the more skin is at stake and the cost of attacking the network rises. As a result, the more ATOM are staked, the better will be the economic security, Governance: ATOM holders can also govern the Cosmos Hub by voting on proposals with their staked ATOM. Initial Token Distribution of Cosmos(ATOM) The Interchain Foundation held multiple private investment rounds, and a public fundraising event on April 6, 2017.  According to the Interchain Foundation, private Contributors, Public Contributors, All in Bits Inc (AiB), and the Interchain Foundation were the recipients of these newly created ATOMs.  In exchange for a $1,329,472.3 donation, strategic and early adopters received 7.1 percent of the first supply or 16,856,718.97 ATOMs. In exchange for $300,000, the seed contributors received 5% of the initial supply or 11,809,947.91 … Continued

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Curve Protocol : Leading DEX for Stablecoins

Curve Protocol : Leading DEX for Stablecoins

USDC, USDT, BUSD, PAX, TrueUSD, and DAI are all examples of stablecoins that have recently gained popularity. They have an issue with price stability and liquidity (particularly decentralized stablecoins). When MakerDAO reduced its stability charge to 5.5 percent, many customers of Compound (which had an interest rate of 11 percent at the time) decided to stay because they had taken out a loan in DAI and changing DAI to USDC is a costly procedure.  At the same time, many DeFi users are eager to lend their stablecoins in exchange for a 5% APR, which is far higher than what traditional banking gives. Users would be hesitant to provide the same money to trading firms that guarantee profits. Curve Finance addresses the issue of lack of liquidity while trading Stablecoins and high costs.  Introduction Curve Finance uses liquidity pools and bonding curves to enable high-efficiency stablecoin trading and low-risk rewards for liquidity providers. When trading from one stablecoin to another on Curve, customers are not vulnerable to the price slippage on DEXs. Curve, unlike Uniswap, lends assets on Compound when they aren’t being traded and pays liquidity providers interest on those loans. Curve was created as an alternative to trading stablecoins on general-purpose DEXes like Uniswap, which have algorithms that aren’t designed for such transactions. Curve’s debut resulted in increased liquidity and more competitive prices for stablecoins. As interest rates in money markets changed, DeFi lenders might quickly and efficiently switch from  USDT to USDC or USDC to DAI etc. Curve is an Ethereum-based exchange liquidity pool. The Curve is built for incredibly efficient stablecoin trading and low-risk trading fees go to liquidity providers and veCRV holders. Curve currently offers over 40 distinct official liquidity pools, with the tricrypto2 (USDT / wBTC / WETH) and 3pool (DAI / USDC / USDT) being two of the most popular. However, it’s worth noting that pegged asset trading is still a big part of the market. CRV Token CRV is the Curve protocol’s governance token. It is primarily utilized to incentivize liquidity to the platform. The rise in capital benefits Curve users because it gives more trading liquidity and decreases slippage for end-users. Voting, staking, and raising rewards can be gained by using the CRV token. Users can participate in the community and can introduce or vote on proposals.  Depositors can obtain 50% of all trading fees generated by the protocol by staking their CRV tokens. Liquidity Providers can use boosting to increase their CRV awards by up to 2.5x. To access all of these features, token owners must lock their CRV in Curve for vote-escrowed CRV (veCRV) in exchange. The longer the CRV is locked in Curve, the more veCRV you received. For example, 1,000 CRV locked for a year produces 250 veCRV, but the exact amount locked for four years produces 1,000 veCRV. As a result, the longer the lock-up period, the greater the user’s voting power and incentives. This ensures that token holders are invested in the protocol’s long-term success. Curve Token Distribution The following groups received CRV tokens as part of the initial token distribution: 61% to pre-CRV liquidity providers with a one-year vesting period; 30% to shareholders (founders and investors) with a 2-4-year vesting period; 3% to team members with a two-year vesting period; and 5% to the community reserve. The remaining 57 % of the overall maximum supply will be given in stages to future liquidity providers as incentives. Despite the original supply of 1.3 billion, the effective circulating quantity of CRV was zero at launch, due to vesting schedules. Based on this timeline, the inflation of released CRV is expected to be large in the next few years. Only 11.2 percent of the supply is in circulation as of March 10, but that number is expected to rise to 3.37 billion in five years. How to Trade on Curve DEX? Similar to most DeFi applications, you have to allow Curve protocol on your wallet to interact with your DAI or USDC balance before you can trade. Select the asset you’d want to convert (for example, USDC) and the amount (for example, 1,000) on the exchange; the exchange rate and quantity you’ll receive (including all slippage and costs) will be displayed. Curve’s value is in its ability to surprise you with its exchange rate.  Fees Currently, all pools have a 0.04 percent fee, 50% of which goes entirely to liquidity providers and 50% to veCRV holders. There is no charge for administration. DAO members have power to determine fees and pool specifications. What are Liquidity Pools? Liquidity pools are a type of smart contract that contains a pool of tokens. If you were to make a pool of DAI and USDC, one DAI would equal one USDC. You would have the same number of tokens in the pool, … Continued

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Polkadot vs. Cosmos-Which One is Better?

Polkadot vs. Cosmos-Which One is Better?

Cosmos is the blockchain protocol that creates a new web in the ecosystem. It has some similarities to Ethereum with its Turing-complete clever contract language. It focuses on building decentralized applications, but it also aims to be a platform for business collaboration with faster transactions, cheaper fees, and less energy consumption. The proposed governing system is called the ‘Polkadot network’, consisting of various layers and benefits from native interoperability with other blockchains. What is Polkadot and Cosmos? Cosmos is the blockchain protocol that creates a new web in the ecosystem. The proposed governing system is called the ‘Polkadot network,’ consisting of various layers and benefits from native interoperability with other blockchains. It has some similarities to Ethereum with its Turing-complete imaginative contract language. It focuses on building decentralized applications, but it also aims to be a platform for business collaboration with faster transactions, cheaper fees, and less energy consumption. Why do you need them? The idea behind Polkadot is that the blockchain ecosystem is becoming a cluttered jungle of systems, which in turn creates severe obstacles to interoperability for various projects. The Polkadot (or ‘parachain’) project proposes to solve this problem by creating a hub that can merge and reconcile different blockchains, providing a better way of token exchange. Instead of asking each blockchain to develop its memorable currency exchange and complex mechanism for data transfer between blockchains, the developers are trying to create an alternative blockchain that will act as a standard hub and allow seamless exchange between all the other existing chains. An overview of their differences: ​1. Differences in the protocol: Cosmos uses Tendermint as its primary consensus protocol, where the entire network of validators can change depending on which block gets added and validated. This allows for a more flexible network that is also self-healing in the case of a power outage or other issues with the underlying hardware. 2. Differences in idea: Cosmos is quite similar to Ethereum as it also focuses on fast transactions, smart contracts, and developing decentralized apps. The Polkadot developers want to provide a system for all blockchains to use, while Ethereum is more focused on building more sophisticated decentralized applications. 3. goal differences: Cosmos plans to create a platform that will allow businesses and other parties to collaborate freely. At the same time, Ethereum aims to create a platform for blue-chip companies and other large corporations who want an utterly autonomous blockchain with no outside influence. 4. Differences in the technology: Cosmos uses Tendermint as its primary consensus protocol, where the entire network of validators can change depending on which block gets added and validated. This allows for a more flexible network that is also self-healing in the case of a power outage or other issues with the underlying hardware.  Final verdict The developers of Polkadot are trying to create a platform for all blockchains, making it possible for them to merge and reduce their number. In turn, the Cosmos creators are trying to provide a protocol that would allow blockchain systems to communicate and collaborate. Both projects have their own goals and problems, so they’re pretty different.  As we can see, both of them are trying to achieve the same goals and solve the same problems, but they are also different in terms of technology, target audience, governance layer, and governance model. ​One thing is for sure: blockchain technology has already achieved a significant degree of maturity and provided many opportunities for businesses worldwide. 

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Solana Review: High-Speed Layer 1 Blockchain

Solana Review: High-Speed Layer 1 Blockchain

A centralized database on a standard gigabit network can execute 710,000 transactions per second when transactions are no more than 176 bytes size on average. Without compromising decentralization, it is challenging for a blockchain to have such a high-speed transaction capacity. Solana has accomplished an impressive transaction per second capacity without compromising decentralization much. It is an open-source project that is a new permissionless and high-performance blockchain. The Solana Foundation manages the open-source project, situated in Geneva, Switzerland. It is the high-speed layer one blockchain, with a max capacity of 65,000 transactions per second. It has a transaction finality of around 13 seconds. How does Solana work? Proof of Stake (PoS) and Proof of History (PoH) are used by Solana Network to process its transactions efficiently with high speed. PoH is a simple method for validating all the transactions without communicating with other nodes. PoS is also used for validating transactions, for this, you have to stake your token. PoH is based on a simple method. It assigns a leader position randomly to a particular node after every new block creation. Any node which is the leader node must generate the whole proof of history statement. After being given the responsibility, the leader node coordinates with other nodes to construct a proof of history statement. The leader node also pushes the currently executed transactions, and then it publishes the transactions with verifiers in their final nodes. Verifiers repeat the process again to verify transactions. Verifiers also make copies of transactions and make them public. There is only one leader node in each Solana network at a time. The verifier node performs intelligently and has the same capabilities as a leader node; however, the verifier node can subsequently be elected as a leader through proof of stake elections. Compared to Bitcoin and Ethereum blockchain networks, a combination of PoH and PoS works well for Solana, allowing it to process data at a cheap cost. Solana’s high-speed blockchain is built using eight major technologies mentioned below: Proof of History: a clock before consensus. Tower Byzantine Fault Tolerance: a PoH-optimized version of PBFT. Turbine: a block propagation protocol. Gulfstream: a Mempool-less transaction forwarding protocol. Sealevel: the world’s first parallel smart contracts run-time. Pipelining: a transaction processing unit for validation. Cloudbreak: a horizontally-scaled accounts database. Archivers: Provide distributed ledger storage. Key characteristics of Solana:  Proof of History: For authorizing and restricting entries on its ledger, Bitcoin and Ethereum’s blockchain networks use a Proof of Work technique (proof of work means that every node on the blockchain network must reach consensus before every new entry). Proof of Work (PoW) is a complicated method that slows down the speed of transactions.  To address the drawbacks of the PoW system, Proof of History (PoH) was developed. Proof of history simply means that a new block can be added to the blockchain network without the need for mutual consent of other nodes. Every node in Solana has its clock and makes choices without consulting the others. Proof of History improves transaction speed while simultaneously ensuring an efficient blockchain network and recording all transactions.     Tower Byzantine Fault Tolerance: The BFT system functions as a safety net for the whole Solana ecosystem. It ensures that a single node failure does not disrupt the entire operation of the system. This approach enables the nodes to work even in case of multiple failures. Gulfstream: Gulfstream is a system that eliminates memepool requirements. Memepool can be viewed as a holding area where all unprocessed transactions await their turn. Solana’s network can handle a memory pool with a capacity of 1,00,00 transactions.   Validators are present in every blockchain ecosystem (validators select transactions and add them to the blockchain network). Solana’s network sends the transactions to its validators even before a new transaction is added. Validators empty the memepool region simultaneously, ensuring no ‘unconfirmed transactions’ in the Solana ecosystem. Sealevel: Solana allows for the simultaneous execution of numerous smart contracts. Solana becomes a time-saving and cost-effective blockchain network as a result of this. Sea level is the technology that allows Solana to run many smart contracts simultaneously. Cloudbreak: Solana uses a horizontal scaling method, which allows the blockchain to expand its scalability. Cloudbreak manages a database that can read and write transaction input data. It is also in charge of bridging the gap between hardware and software.  Pipeline: Most tasks in Solana’s ecosystem are separated for processing transactions quickly. Solana distributes the input data throughout the various hardware components of the network. It is a procedure that quickly checks the information blocks using various devices. Turbine: Solana splits various blockchain nodes into smaller packets. It helps in increasing the transaction speed of the network. Smaller data packets can be evaluated more quickly, which aids Solana in addressing bandwidth difficulties. Two main ways which make Solana … Continued

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Metaverse Opening Doors For Artists

Doing Business in the Metaverse: Opportunity or Risk?

Our globe has seen countless historical shifts and transformations in technology domains in the past, all of which have aided in the development and advancement of human existence. In the same vein, the term ‘Metaverse‘ has now been added to the list as the most recent technological advancement. The Metaverse is a notion for a virtual world that will be available in virtual reality (VR). People will be able to connect, communicate, and build their businesses in a whole new way in the metaverse, thanks to the newest virtual reality and augmented reality technologies. Working from home would become more advanced. People who work online from anywhere in the world could potentially meet up with their coworkers in the metaverse in their virtual form. And this technology has only started to spread its branches.  While the concept of the metaverse as a virtual mirror of the real world may appear exaggerated and largely fictitious, several key players have begun to experiment with the use of virtual spaces for the visual arts, pushing the boundaries of how digital and physical art can be discovered, viewed, shared, and experienced to new heights. Metaverse and the Art World The metaverse is increasingly extending its linkages with the traditional world of high-end art, NFTs, and the metaverse. Sotheby’s (the Fine Arts Company) Metaverse, the auction house’s new platform developed particularly for digital collectors and including NFTs curated by art experts, was just launched. Following partnerships with crypto artists and collectors, this is Sotheby’s newest foray into the digital art world. The issue around non-fungible token art was thrust from relative obscurity into the spotlight after digital artist Beeple sold his everyday piece for $69.3 million in March 2021. The boom has benefited artists all around the world, allowing them to get access to lucrative new prospects through a worldwide audience while avoiding the conventional gatekeepers of the commercial art industry and instead of forming direct relationships with their collectors. Artists now have extraordinary digital property rights thanks to the ability to mint their creations as NFTs, with blockchain-enabled smart contracts allowing them to collect a pre-programmed and automatic royalty on any future sales of their work via secondary marketplaces. Since 2008, digital work has been around and grabbing attention, and the metaverse has just added another exponential layer on top of that. Several individuals are being hired here to work on constructing metaverse games, which reminds me of the early days of the internet when people were jumping at the chance to work on dot-com ventures. And that’s only one component; folks are also finding success by remaining independent and developing their own NFT initiative. What is Meta’s Vision For Virtual Art? The company formerly known as Facebook has recently been subjected to a great deal of scrutiny. Unfortunately for Zuckerberg and his colleagues, their virtual art concept is doomed from the start. Many critics argue that the company’s vision of the future of digital art is too narrow and simplistic, despite the company’s recent release of a film encouraging viewers to ‘enter a realm of creativity with Meta and explore endless possibilities in 3D.’ Even the biggest skeptics, as ArtReview’s Orit Gat put it, can’t help but be attracted by the themes in Meta’s video. He said:  “A young woman walks through a museum and stops by a Henri Rousseau painting, Fight between a Tiger and a Buffalo (1909), only to get sucked into the painting and see it turn into something closer to Where the Wild Things Are: an animated tiger asserts ‘This is the dimension of imagination,’ while toucans and flamingos bob away to the beat.” The Door of Opportunities For Artists The computerized world provides artists with their laboratories to investigate various aspects of online personas and genuine identities. Even actual works of art have made their way into the digital sphere. Many artists used the Nintendo Switch’s Animal Crossing: New Horizons to turn their virtual homes into makeshift galleries during the early months of the pandemic, using a gaming function to digitize photographs of their artworks into pixelated images that could be arranged to look like canvases on the walls.

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All you Should Know About Cryptocurrency Arbitrage

All you Should Know About Cryptocurrency Arbitrage

Cryptocurrencies such as Bitcoin and Ethereum are traded on hundreds of various exchanges globally, and the price of a cryptocurrency on one exchange may differ from that on another exchange. Cryptocurrency arbitrage is a method in which traders purchase a cryptocurrency on one exchange and quickly sell that cryptocurrency for a higher price on another exchange.  This is where the old Wall Street tactic of ‘arbitrage’ comes into play. ‘Capturing the arb’ refers to profiting from the fact that an asset is selling for a low price in one exchange but a greater price in another. Traders use crypto arbitrage to take advantage of cryptocurrency’s lower price on one exchange by buying and selling it instantly for a higher price on another exchange.  Why are the Prices of Cryptocurrencies on Crypto Exchanges so Different? Centralized Exchanges The first thing to understand is that cryptocurrency pricing on centralized exchanges is determined by the order book’s most recent bid-ask matched order. So, the most recent price at which a trader buys or sells a digital asset on an exchange is termed the exchange’s real-time price. For example, if the most recently matched market order on an exchange is to buy bitcoin for $40,000, this price becomes the platform’s newest bitcoin price. The next matching order will determine the cryptocurrency price after that. Therefore, price discovery on exchanges is a constant process of deciding a cryptocurrency market price based on its most recent selling price. Decentralized Exchanges On the other hand, decentralized crypto exchanges utilize a different approach to price crypto assets. This is referred to as an ‘Automatic Market Maker’ approach since it relies on crypto arbitrage traders to keep prices consistent across exchanges. Decentral exchanges use liquidity pools rather than using an order book system to match buyers and sellers to trade cryptocurrencies at a specific price and volume. A separate pool must be set up for each cryptocurrency trading pair. What Are Different Types of Cryptocurrency Arbitrages? The most popular cryptocurrency arbitrage techniques used by crypto traders are discussed below: Deterministic Arbitrage This is the most common arbitrage technique. It entails traders purchasing and selling a digital asset on two exchanges at the same time to profit from market inefficiencies. The trader finds arbitrage opportunities on two different exchanges, buys the asset on the lower-priced platform, then sells the asset at a higher price on the higher-priced platform. Triangular Arbitrage It is also possible to profit from the uncorrelated pricing of three cryptocurrency pairs on an exchange, particularly if one of the cryptocurrencies is underpriced on the platform at the time. A trader may, for example, exchange BTC for ETH, convert ETH to SOL, and then trade SOL back to BTC. To summarise, this procedure entails shifting funds between BTC/ETH, ETH/SOL, and SOL/BTC combinations to accumulate more BTC. Decentralized Arbitration Traders use this approach to perform arbitrage trades on decentralized exchanges (DEXs) like Uniswap, Balancer, and Curve. Arbitrageurs can buy and sell pooled digital assets undervalued or overvalued on these various DEX platforms. These activities inevitably lead to price uniformity across Dexes like centralized crypto exchanges.   Statistical Arbitrage   This entails leveraging quantitative data models and algorithms to profit from large-scale arbitrage possibilities. Because the process is automated, an arbitrageur can make hundreds of deals in a matter of minutes, significantly increasing his or her profit potential.    Risks involved in Cryptocurrency Arbitrage  Losses   To be successful in crypto arbitrage, traders must execute trades fast so that they can profit from cryptocurrency price disparities across exchanges while they are still profitable.   A trader must be careful not to boost the buying price and decrease the selling price of a token by their own trades, especially in the thinly traded types of crypto that provide the widest spreads. Volume All crypto exchanges work similarly, and the pricing of crypto depends on the exchange’s most recent trade. It is important to remember that all trades are not made equal. Some trades happen with massive amounts of money, while others don’t trade with larger amounts. The trading volume on each influences the liquidity and accessible prices on a given exchange. Low volume could indicate that the exchange cannot execute a large enough trade to generate an investor’s profit. Low volume could also indicate that the trade is doable but will take too long to execute. Costs of Transactions Simultaneously, traders must watch the transaction fees associated with buying cryptocurrencies on different trading platforms. These fees will continue to fluctuate as the cryptocurrency markets develop, changing from exchange to exchange. Hacks & Fraud The cryptocurrency industry is mainly unregulated. There are also more chances of hacking, fraud, and monetary collapse. As a result, storing cryptocurrency safely is a hot topic among investors.

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Crypto Exchange Bit.com Will List LEASH and Bone on Spot Market

LEASH and Bone

Bit.com, one of the leading high-performing crypto exchanges, has announced to list LEASH and BONE on its spot market. From February 10, 2022at noon (UTC) platform will support the deposit and withdrawal of the two listed tokens. LEASH/USDT and BONE/USDT trading pairs will be available simultaneously on bit.com.  LEASH and BONE are part of the Shiba Inu ecosystem In 2021, Shibu Inu “barked” the most, becoming the dog-themed crypto’s alpha. Shiba INU (SHIB), Leash (Leash), and Bone (Bone) are the three tokens that make up the Shiba Inu ecosystem (BONE). The Shiba Inu ecosystem’s most significant component is the SHIB token. LEASH and BONE are part of the Shiba Inu ecosystem, one of the most popular meme coins. LEASH, also known as “Doge Killer,” is designed to incentivize liquidity providers (LPs). Created initially as a rebase token (stablecoin), it is now “released” from any underpinning asset. BONE is touted as the potential governance DAO token for Shiba Inu’s community, the very aptly named ShibaArmy.  “It may seem bizarre to many serious investors how meme tokens can easily grab the spotlight in crypto space. However, I would argue that these meme tokens explored another frontier of community movement, amassed by collective fondness, developed by community creativity, and contributed to by borderless participants. All of whom are utterly spontaneous and full of surprises.” noted Toya Zhang, Chief Marketing Officer of bit.com.  Bit.com to Launch Crypto Economy’s First Bitcoin Cash Options Market Bit.com, a Matrixport derivatives exchange, had announced the launch of the first bitcoin cash perpetual swaps and options on January 21. According to the exchange, there were no options market for bitcoin cash before the product’s launch, and the company feels there is an opportunity for improvement in this area of crypto derivatives. Bit.com is a full-service cryptocurrency exchange founded by Matrixport, a Singapore-based integrated financial services organization. Bit.com has been operating since August 2020, covering BTC, ETH, and BCH endless futures and options products, with a particular focus on being the first to launch BCH options. Bit.com is the second-largest trader in the BTC and ETH options market in terms of volume.

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Analyst Nicholas Merten Says Corporations Will Enter Crypto Markets Soon

Mozilla Halts Crypto Donations Over Climate Impact Concerns

According to crypto analyst Nicholas Merten, corporate investment in the crypto markets may be the catalyst that propels Bitcoin (BTC), Ethereum (ETH), and the rest of the crypto markets out of their current slump. The DataDash host tells his 508,000 YouTube subscribers in a new video that corporate treasurers will save the crypto markets sooner than many expect. He said: “Corporate treasurers… could be the catalyst that carries us out of this recent correction that we’ve had in December and January. I do believe we are going to see it faster than we may expect.” Corporate Treasures are Picky About Their Investments When it comes to entry points, corporate treasurers are pickier than regular investors, according to Merten. According to the analyst, with crypto markets trading at a significant discount to all-time highs, huge corporate players may be trying to diversify into the young space. He said:  “Corporate treasurers are not going to buy at new all-time highs. They buy when assets are at discounts. They rotate assets in their balance sheet, whether it’s up, you know, just basically cash, buying it on a discount, or maybe, for example, their equity plays have been doing really well, and now, they’re going to lock in some of those gains and rotate to fixed income assets like bonds or treasuries. Or into a new asset class, like cryptocurrencies. That’s how a corporate treasurer thinks. They do not buy at peaks in price, they buy at discounts when no one else is willing to buy because they know that it’s just like shopping – it’s going out and finding things that you like at a discount.” According to the expert, KPMG Canada’s recent addition of Bitcoin and Ethereum to their balance sheet is quite significant. According to Merten, the Big 4 accounting firm’s choice could create a precedent for other corporate behemoths to follow suit. He also stated:  “That is a major move for crypto assets… To have a traditional company like KPMG now starting to showcase that they believe that Bitcoin and Ethereum are tokens worth putting on their balance sheet…..”  The company’s decision to buy crypto in Canada could be because the country’s legislative structure is more favorable to the asset class and related goods than the United States. KPMG has recently expanded its operations to embrace new technologies and financial services. It already has a division that deals with crypto assets and blockchain technology. Its US office is in charge of auditing MicroStrategy Incorporated (MSTR), a software company with the largest cryptocurrency holdings among publicly traded businesses.

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The US SEC is Delaying a Decision on Grayscale’s Bitcoin ETF Application

The US SEC Rejects Two Spot Bitcoin ETFs Proposals

Bitcoin lovers in the United States are getting impatient as the Securities and Exchange Commission (SEC) is not making a clear take on Bitcoin ETF. Due to concerns about manipulation, liquidity, and transparency, SEC has delayed deciding on Grayscale’s pending application to convert its Bitcoin Trust into a spot ETF. The SEC’s notice published on Friday didn’t reveal anything new about Grayscale’s pending application, which comes as no surprise. SEC Wants Written Submissions From People According to the 10-page notice, the SEC expressly requests ‘written comments’ from ‘interested people’ in the general public to provide their ‘ideas, statistics, and arguments’ addressing the regulator’s previous concerns about market fraud, manipulation, and overall lack of transparency. According to the notice, the public has 21 days from today, as specified in the Federal Register, to submit written data, views, and arguments on whether Grayscale’s application should be granted or denied, with a 35-day window for rebuttal. According to the notification, individuals interested in submitting comments to the SEC can do so either electronically or on paper.  The SEC has a History of Rejecting Spot ETF Applications Grayscale, the world’s largest digital asset management firm, applied in October to convert shares of its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF, attempting to reverse previous rejections of BTC spot ETF applications by the regulator. Unfortunately, the SEC announced two months later that it would be delaying its decision on Grayscale’s application, citing major issues such as market fraud, manipulation, and transparency. According to a tweet, Grayscale has $36.5 billion in assets under management as of February 4th, with its GBTC product accounting for nearly 71% of total assets. The SEC also rejected Fidelity’s Wise Origin Bitcoin Trust at the end of January, just seven days after rejecting a spot bitcoin ETF proposal from First Trust and SkyBridge Capital. Surprisingly, in rejecting Fidelity, the SEC went into great detail on surveillance-sharing agreements and the SEC’s responsibility to ensure that exchanges follow the Exchange Act’s requirements. It’s worth noting that the SEC approved ProShares Bitcoin Strategy ETF in October of that year, making it the first Bitcoin futures fund to be allowed in the US, followed by a pair of Strategy ETFs from Valkyrie and VanEck.

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Role of Metamall for Experiencing the Metaverse

Metamall

There is no denying that the Metaverse is the next great leap in the evolution of the internet. The metaverse is a universe of connected digital avatars and endless possibilities of virtual environments. Human interaction, which is the basis of all business and social ventures, will be elevated to an augmented form where safety, security, and trust will be ensured by the structure of the technology. Metamall is becoming a vital source of experiencing metaverse by using VR, AR, and blockchain technology. This article is also based on the role of metamall in experiencing the metaverse.  In this virtual world, status can be determined by how sophisticated your character’s representation on the network seems to other users in terms of features they have available for their own personas at any given time – Imagine if everyone had an amazing high – quality version that never struggled with performance issues! Metamall – The Future Metamall is the virtual version of the all-encompassing zone in the Metaverse. A wise, immersive, experiential shopping and social interaction spot that uses VR, AR, and blockchain technology as its foundation.   Metamall – Enhance the Sources of Immersive Entertainment   Metamall will fuel social and business interaction wrapped in immersive entertainment; Rather than following the traditional way of shopping through a specific retailer’s website, let’s imagine rendezvousing with a friend in a Minecraft- like world to hang out and shop at virtual storefronts. Meeting your date, your clients, or an accountant or lawyer for a consultation in the metaverse at a restaurant. The possibilities are endless.   Exceptional Land  Selling on Metaverse Metamall land sale is live and has already sold $1M worth of land on the Metaverse. Metamall will take on a spaceship design, with different zones — each facilitating a unique kind of experience for its users. And Metamall is all about bringing new VR experiences to your life and providing its users something they can take away as unique, memorable, and excíting.    The Metamall metaverse is designed like a spaceship with different zones, each of which facilitates a unique kind of experience. The spaceship structure allows for a zero-gravity environment, and changing views of different parts of the cosmos on a regular basis. The laws of physics can be changed with the introduction of black holes and faster than light speeds for the entire Metamall Spaceship.    Speaking of zones, All real estate/land in Metamall will be in the form of NFTs, so they can be easily traded with absolute ownership on the blockchain. Let us know about the types of NFTs on the metamall and its use case Sizes of Plots on Metaverse There are a total of 5,714 plots of land available, divided into 5 different sizes. These are  Cube, Cabin, Club, Chalet, and Chateau.  CUBE – This type of NFT land will be going to include all the retail stores, indoor gaming spots, workplaces, or fashion centers.  CABIN – Large single-brand retail stores, experience centers are the best examples for a Cabin space. Imagine being an owner of a cabin or multiple cabins the metamall CLUB – just like its meaning, Club is perfect for large gaming zones, multi-brand retail stores, and social networking zones. CHALET – Here the things are getting bigger and wider, if you are looking for public entertainment places (cinemas), showrooms, display centers, or high-rise brands retail spots, then Chalet is the right choice for you CHATEAU –  and last but not least, the biggest of them all, Chateau is best for several categories of workplaces, places for mega-events, experience centers for cities or countries, embassy networks.  Final Conclusion Metamall is backed by some of the industry’s leading Venture Capital firms and key investors including 316 VC, Brotherhood ventures, CGT Capital, CRT Capital, CCK Ventures, DAO Kondr VC, Crypto Buddy, FishDAO, GDA capital, GTS Ventures, Halvings, HVS ventures, WeeHODL, Mars VC, MHVentures, CYT Blockchain Ventures, Vespertine Capital, WLI Capital, HERD Ventures, GAMI, ALMORA CAPITAL, SEED THRIFT, Blue Chips and MMC Ventures Capital.  One thing is sure, that there is no doubt that metaverse is becoming the next big thing that will swallow every commercial category in it.  Metamall INO is already on LunaPad and StartFi METAMALL is the decentralized Metaverse Mall where users can build wealth by selling, leasing, playing, or staking assets

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The Beatles And John Lennon’s Music History Set For NFT Auction

The Beatles And John Lennon’s Music History Set For NFT Auction

Julian Lennon, John Lennon’s eldest son, is selling some of the most valuable items of music history from his collection. Some of the most sought-after items from music history are up for auction, including John Lennon’s coat from the film “Magical Mystery Tour,” his cape from “Help!,” three guitars, and Paul McCartney’s handwritten arrangement notes for “Hey Jude.” The “Lennon Connection: The NFT Collection” NFT series, in conjunction with NFT marketplace YellowHeart and Julien’s Auctions, began for bidding on Monday and will begin on February 7. The White Feather Foundation will get a percentage of the proceeds from the NFT auction. Julian would keep the tangible things, but the buyer would be the owner of the rights to the one-of-a-kind NFT. Each NFT in the collection would be available as an audio-visual collectible, with Julian Lennon himself narrating. The handwritten note by Paul McCartney for Hey Jude is thought to be the most remarkable piece that is expected to draw the highest bid. The item’s NFT starts at $30,000 and goes up from there. Other Beatles Memorabilia Earlier Fetched Millions of Dollars Julien’s Auctions has sold other Beatles items in the past, bringing in millions of dollars. One of John Lennon’s acoustic guitars was sold for $2.4 million, while Ringo Starr’s drum kit was sold for $2.2 million and the drum head Ringo used on the “Ed Sullivan Show” in 1964 was sold for $2.1 million. NFTs are the newest crypto fad, and many believe they will disrupt the art business. NFTs have become the latest trend in the art world, with mainstream artists and celebrities abandoning traditional auctions in favor of NFTs.

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