Friendly note to all crypto traders:
Welcome to the hardest game in the world!
Unfortunately, you’re playing with some of the sharpest, fastest, most intelligent, well informed, stubbornly irration...Friendly note to all crypto traders:
Welcome to the hardest game in the world!
Unfortunately, you’re playing with some of the sharpest, fastest, most intelligent, well informed, stubbornly irrational and in many cases, unethical minds in the world.
You’re up against the computer that can react faster than you.
The trader who has more experience than you. The fund that has more money than you.
The insider that has more information than you. The others that will misinform you. The inner voice that will do it’s best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival. Read that again, and read it again.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory. By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play?
Cryptocurrency News Summary April 2022: Cryptocurrency markets declined in April, with Bitcoin and Ethereum closing the month down 17.3% and 16.9% respectively. These drops are a result of continued m...Cryptocurrency News Summary April 2022: Cryptocurrency markets declined in April, with Bitcoin and Ethereum closing the month down 17.3% and 16.9% respectively. These drops are a result of continued macroeconomic uncertainty following the war in eastern Europe and accelerating inflation figures throughout the world.
Cryptocurrency News 12th April 2022: After six months of aggressive lobbying by its supporters, Robinhood has listed the Shiba Inu cryptocurrency for trading. The cryptocurrency has listed by 20% in t...Cryptocurrency News 12th April 2022: After six months of aggressive lobbying by its supporters, Robinhood has listed the Shiba Inu cryptocurrency for trading. The cryptocurrency has listed by 20% in the hour since listing was confirmed.
Source: Twitter feed confirmed by Robinhood.com
Cryptocurrency News 26th March 2022: ExxonMobil Runs Gas-to-Bitcoin Pilot Project
Oil giant ExxonMobil (XOM) is running a pilot project to use excess natural gas that would otherwise be burned off from...Cryptocurrency News 26th March 2022: ExxonMobil Runs Gas-to-Bitcoin Pilot Project
Oil giant ExxonMobil (XOM) is running a pilot project to use excess natural gas that would otherwise be burned off from North Dakota oil wells to power cryptocurrency mining operations.
The oil giant has formed an agreement with Crusoe Energy Systems to take gas from an oil well pad to power mobile generators used to run BTC mining machines on site. The pilot project was launched in January 2021 and expanded in July.
The project reportedly uses up to 18 million cubic feet of gas per month that would otherwise be burned off because of a lack of pipelines. The firm is reportedly looking to do the same at other sites around the world including in Alaska, Nigeria, Argentina, Guyana, and Germany.
Oil and gas producers are under pressure from regulators and investors to reduce their carbon footprint, which would involve reducing the amount of gas they flare.
Source: 26/3/2022 cryptocompare.com
Cryptocurrency News 23th March 2022: NFT (Non-fungible token) News points;
The market price for a Bored Ape crossed 100 ETH after Yuga Labs’ announcement that it would launch Ape Coin.
NFT transactions ...Cryptocurrency News 23th March 2022: NFT (Non-fungible token) News points;
The market price for a Bored Ape crossed 100 ETH after Yuga Labs’ announcement that it would launch Ape Coin.
NFT transactions exceeded $17 billion in 2021, according to a report by Nonfungible.com
Meta’s CEO Mark Zuckerberg said at a conference that NFTs are coming soon to Instagram, confirming an earlier report by the Financial Times.
Spotify said it is looking to add blockchain and NFTs to its services, recent job postings indicate.
Source Binance.com 23/3/2022
Cryptocurrency News 17th March 2022: Ukrainian President Volodymyr Zelensky has signed into law a bill named “On Virtual Assets” that was approved by the country’s parliament a month ago. It establish...Cryptocurrency News 17th March 2022: Ukrainian President Volodymyr Zelensky has signed into law a bill named “On Virtual Assets” that was approved by the country’s parliament a month ago. It established a legal framework for the country to operate a regulated crypto market.
The Ukrainian parliament passed a law legalizing cryptocurrencies back in September, but at the time President Zelensky vetoed the bill saying the country couldn’t afford a new regulatory body to manage it.
Zelensky’s approval of the new bill came after the country received over $100 million in cryptocurrency donations in the weeks since Russia started invading it.
Source: cryptocompare.com
Cryptocurrency News 11th January 2022: Tech and meme stocks also sold off faster than the broader market.
Bitcoin has fallen below the key $40,000 USD level for the first time since September. This si ...Cryptocurrency News 11th January 2022: Tech and meme stocks also sold off faster than the broader market.
Bitcoin has fallen below the key $40,000 USD level for the first time since September. This si the worst start to a year since its earliest days.
"Cryptocurrencies are likely to remain under pressure as the Fed reduces its liquidity injections," said Jay Hatfield, CEO of Infrastructure Capital.
Source: Bloomberg Jan 11,2022
Cryptocurrency News 4th January 2022: Bitcoin's 13th Birthday sees New High Hashrate achieved.
Bitcoin celebrated the 13th anniversary of the mining of the first block on the network (genesis block ) o...Cryptocurrency News 4th January 2022: Bitcoin's 13th Birthday sees New High Hashrate achieved.
Bitcoin celebrated the 13th anniversary of the mining of the first block on the network (genesis block ) on the 3rd of January 2022. Its hashrate also attained a new record of 203.5 exahashes per second (EH/s).
Hashrate refers to the combined computational power used to mine and process transactions on the network. The higher the hashrate, the more secure it is as the computing power necessary to attack it also grows.
Over the last 12 months, Bitcoin’s hashrate grew by 49% from the 136.5 EH/s recorded in January 2021. The growth is even more impressive when compared to the value seen in July last year, when hashrate plummeted to a 68 EH/s low after China’s crackdown on the crypto mining industry.
The network’s hashrate has recovered from China’s crackdown on miners with several major Bitcoin miners moving their operations to the United States and Kazakhstan.
Source: cryptocompare.com
Cryptocurrency News 8th December 2021: "The Reserve Bank and Treasury are considering the feasibility of a central digital currency, under reforms aimed at establishing a regulated onshore cryptocurr...Cryptocurrency News 8th December 2021: "The Reserve Bank and Treasury are considering the feasibility of a central digital currency, under reforms aimed at establishing a regulated onshore cryptocurrency industry and driving competition across “buy now, pay later” and digital-wallet payment systems.
Josh Frydenberg on Wednesday will announce the biggest shake-up of the nation’s payments systems since the 1990s, including new intervention powers allowing the Treasurer to update Australia’s one-size-fits-all regulatory framework in real-time. The Morrison government will land on its financial system reforms within 12 months, implementing new protections for consumers and workable regulations to tap into the $2 trillion cryptocurrency global market and drive domestic crypto trading."
Source The Australian 8th December 2021
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