Discover and read the best of Twitter Threads about #Cryptocurrencynews
Most recents (16)
Are Play to Earn, #NFT, and #GameFi games dead?
Thread 🧵
#P2E #BlockchainGaming #AxieOrigins $AXS $SLP $RON $MBX #XRPCommunity #Hinman $GENSLR #GaryGensler #CryptocurrencyNews #Tether #SHIBA #Bitboy #FireGaryGensler $INU #ETH #Bitcoin #USDT
Thread 🧵
#P2E #BlockchainGaming #AxieOrigins $AXS $SLP $RON $MBX #XRPCommunity #Hinman $GENSLR #GaryGensler #CryptocurrencyNews #Tether #SHIBA #Bitboy #FireGaryGensler $INU #ETH #Bitcoin #USDT
P2E, NFTs, and gamefi (games that incorporate cryptocurrency and blockchain technology) have all experienced a decline in popularity in recent months. However, there are a number of reasons to believe that these technologies will make a comeback in the future.
The underlying technology is still sound. all 3 are based on blockchain technology, which is a secure and decentralized way to store data. This technology has the potential to revolutionize the gaming industry, and it's only a matter of time before it's adopted on a wider scale.
The different types of ZK-EVMs
A Thread 🧵
1/n
A Thread 🧵
1/n
There have been many "ZK-EVM" projects making flashy announcements recently.
@0xPolygon open-sourced their ZK-EVM project, @zksync released their plans for ZKSync 2.0,
and the relative newcomer @Scroll_ZKP announced their ZK-EVM recently.
2/
@0xPolygon open-sourced their ZK-EVM project, @zksync released their plans for ZKSync 2.0,
and the relative newcomer @Scroll_ZKP announced their ZK-EVM recently.
2/
The core goal of all of these projects is the same: to use ZK-SNARK technology to make cryptographic proofs of execution of Ethereum-like transactions, or to make it much easier to verify the Ethereum chain itself.
3/
3/
What will happen with price of Ethereum 2.0?
Ethereum merge is the process of merging Eth mainnet with the Beacon network, which is now running and based on PoS. Let's not discuss once again what PoS and PoW are, but consider this event from a price point of view.
Big thread🧵
Ethereum merge is the process of merging Eth mainnet with the Beacon network, which is now running and based on PoS. Let's not discuss once again what PoS and PoW are, but consider this event from a price point of view.
Big thread🧵
Will gas get cheaper?
Not immediately. The merger is an internal technical update, so don't expect gas fees to go down right away. Only when the next step of the roadmap, sharding, is implemented will network capacity increase dramatically and allow for lower fees.
Not immediately. The merger is an internal technical update, so don't expect gas fees to go down right away. Only when the next step of the roadmap, sharding, is implemented will network capacity increase dramatically and allow for lower fees.
Staking profits.
How high will the percentage of rates be after the merger? Right now, steakers are only rewarded by the Beacon Network Validator. After the merger, stacking rewards will be based on block, tips, and MEV.
How high will the percentage of rates be after the merger? Right now, steakers are only rewarded by the Beacon Network Validator. After the merger, stacking rewards will be based on block, tips, and MEV.
Bullish or Bearish thread:
1/5: #BTCUSDTperp
Weekly timeframe.
It could find support at 35k over the next few days.
Or, it can dip to the highlight support zone of 29k-31k.
#cryptotrading #cryptotwitter #Cryptothoughts #Bitcoin #BTC #Binance
1/5: #BTCUSDTperp
Weekly timeframe.
It could find support at 35k over the next few days.
Or, it can dip to the highlight support zone of 29k-31k.
#cryptotrading #cryptotwitter #Cryptothoughts #Bitcoin #BTC #Binance
2/5: #BTCUSDTperp
Monthly timeframe.
Double top is visible but the bull structure isn't broken yet.
It can very well find recovery from these zones.
#Tradingview #Binance #Bitcoin #BTC #Bullish
Monthly timeframe.
Double top is visible but the bull structure isn't broken yet.
It can very well find recovery from these zones.
#Tradingview #Binance #Bitcoin #BTC #Bullish
3/5: meanwhile these things are also happening @CNBC on the legal side.
#CNBC #cryptocurrencies #ETF #BTC
#CNBC #cryptocurrencies #ETF #BTC
🧵The European Central Bank (ECB) wants to get crypto regulations going because of financial stability concerns. Tether and Bitcoin are in its crosshairs.
ecb.europa.eu/press/key/date…
#Tether #Cryptocurrencynews 1/6
ecb.europa.eu/press/key/date…
#Tether #Cryptocurrencynews 1/6
It specifically mentioned Tether, and is concerned in case of "large scale sales of these assets" that could "generate instability throughout the commercial paper market." 2/6
Along with KYC and anti-money laundering requirements, it recommends greater disclosure of reserve assets backing Stablecoins. Hint: Tether. 3/6
10 Predictions For Blockchain, Crypto Assets, DeFi, And NFTs For 2022 onwards! @ValereumPLC @FrontierFinance
1. Bitcoin price reaches $100,000 USD & the crypto asset market grows in breadth and depth
2. Ethereum undergoes upgrade & remains the dominant smart contract platform
1. Bitcoin price reaches $100,000 USD & the crypto asset market grows in breadth and depth
2. Ethereum undergoes upgrade & remains the dominant smart contract platform
3. #Crypto investments become more sustainable
Issuers of #ETPs, #crypto #exchanges, mining companies, & financial institutions are interested in offering #green products & services to their customers
4. #Web3 infrastructure paves the way for the decentralization of the internet
Issuers of #ETPs, #crypto #exchanges, mining companies, & financial institutions are interested in offering #green products & services to their customers
4. #Web3 infrastructure paves the way for the decentralization of the internet
5. #NFTs and #blockchain-based gaming become a source of income
It remains exciting to wait for the dawn of the multi-chain world. Once value transfers are seamless across different crypto-universes, this could spur a new wave of adoption, and the NFT and blockchain-based gaming
It remains exciting to wait for the dawn of the multi-chain world. Once value transfers are seamless across different crypto-universes, this could spur a new wave of adoption, and the NFT and blockchain-based gaming
Thread: The Next SOL Project Due For A Move?
Balloonsville 2.0 - Run by the largest Solana NFT Marketplace, @MagicEden
Current FP: 3.75 Listed: 4%
Heres The Alpha.
#Solana #NFTs #Crypto #Balloonsville #Alpha #CryptocurrencyNews #Bitcoin #MagicEden
Balloonsville 2.0 - Run by the largest Solana NFT Marketplace, @MagicEden
Current FP: 3.75 Listed: 4%
Heres The Alpha.
#Solana #NFTs #Crypto #Balloonsville #Alpha #CryptocurrencyNews #Bitcoin #MagicEden
As we all know, @balloonsville_2 was a highly anticipated release that ultimately led to one of the worst rugs to date on the Solana blockchain. However, not everybody is aware that @MagicEden had taken over the project, essentially transferring the potential.
With an original supply of 5,000 at a 1 Sol mint price, Balloonsville has seen highs upwards of 9 Sol. Since then, the team has delivered their version of tokenomics / litepaper for the project.
With the new and improved plans, Balloonsville looks like they are due for a move.
With the new and improved plans, Balloonsville looks like they are due for a move.
So still stuck in a trading range as we patiently wait for approval by the GFSC of the GSX deal, once this complex and game changing deal is approved i'm expecting in due course for the markets to sit up & take notice.
@DavidLenigas @fintechna @RPoulden @sportschris #Bitcoin
@DavidLenigas @fintechna @RPoulden @sportschris #Bitcoin
There has been great consolidation over the last few months, but still nearly 7million plus more buys than sells since the summer. This is primed and will re-rate in due course over the next month or so. Once approval is completed its game on!
The funny thing imo is non of the following is yet priced in and still attainable for under 40p and a MCAP of less than 30million!
- what @FrontierFinance brings to this company money can't buy..
- eventually outgrowing #AQUIS through other listings
#btc #ETH #StocksToBuy
- what @FrontierFinance brings to this company money can't buy..
- eventually outgrowing #AQUIS through other listings
#btc #ETH #StocksToBuy
Many cryptocurrency exchanges are now making proud claims about their regulated status, but does “regulated” really mean what investors think?
#VLRM are working closely with #GFSC to ensure they are fully regulated! I can't stress enough regulation is 🔑
blogs.lse.ac.uk/businessreview…
#VLRM are working closely with #GFSC to ensure they are fully regulated! I can't stress enough regulation is 🔑
blogs.lse.ac.uk/businessreview…
Given the fundamental role played by cryptocurrency exchanges in the overall crypto ecosystem and the growing degree of entanglement between crypto and conventional finance, it is important to not just understand whether crypto exchanges are regulated but how they are regulated.
To understand the current picture of regulation, we carried out a qualitative review of 16 leading exchanges (see Table below) #BTC #regulation #GSX #thinkgibraltar #AQUIS #Ethereum #blockchain #blockchainexchange #crypto #CryptocurrencyNews #NFTs
Too much confusion about new crypto regulations?
- Do you need to pay tax on losses?
- How will the government track whether you invested or not.
- Taxing on ICO too?
✅ Read this thread -
#CryptocurrencyNews #crypto #NFT #Startup #India #CryptoTax
- Do you need to pay tax on losses?
- How will the government track whether you invested or not.
- Taxing on ICO too?
✅ Read this thread -
#CryptocurrencyNews #crypto #NFT #Startup #India #CryptoTax
1.
Here’s how it works -
Instead like stock market, where you cab adjust net tax payble, you can’t do it here.
If you invested in 2 stocks, and one gave ₹500 profit & ₹500 loss, you had to pay no tax.
But in crypto, whatever you get in loss, you have to pay tax on that ₹500.
Here’s how it works -
Instead like stock market, where you cab adjust net tax payble, you can’t do it here.
If you invested in 2 stocks, and one gave ₹500 profit & ₹500 loss, you had to pay no tax.
But in crypto, whatever you get in loss, you have to pay tax on that ₹500.
2. Government will ask exchange to deduct 1% TDS on every of your crypto trade and hence track every single crypto that you buy.
Who is the co-founder and architect of Vesper Finance?
Jeff Garzik.
Here's what you should know about @jgarzik
A short thread:
Jeff Garzik.
Here's what you should know about @jgarzik
A short thread:
"Jeff Garzik is the Co-Founder at Vesper. He is an entrepreneur and software engineer. Jeff is the co-founder and CEO of Bloq. Jeff serves on the board of Coin Center, and the advisory board of BitFury, BitPay, Chain.com, Netki and WayPaver Labs.
Jeff has delivered presentations on bitcoin and blockchain at TEDx, State of Digital Money, many bitcoin conferences, as well as private briefings to corporations, governments, central banks, and hedge funds.
The fact that one is able to buy/sell #cryptocurrency is because someone mined it in the first place. This is what proof-of-work(#PoW) basically is. There would not be any proof-of-stake or proof-of-authority cryptocurrency models, had PoW not conceptualized in the first place.👇
Banning #mining means banning proof-of-work, which is the fundamental pillar behind generating all #cryptocurrencies. Many gamers in India use their computers to earn some pocket money through mining as well as #NFTgaming. For many, it is how they feed themselves.
NDTV EXCLUSIVE
Cabinet Note On New #Crypto Bill
1. Change in name of legislation from #cryptocurrency to Crypto Assets
Cabinet Note On New #Crypto Bill
1. Change in name of legislation from #cryptocurrency to Crypto Assets
2. All private #cryptocurrency to be REGULATED not banned
The #Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, listed for introduction in Parliament’s Winter Session starting Nov 29, seeks to “create a facilitative framework for the creation of the official digital currency to be issued by the RBI”.
The Bill “seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of #cryptocurrency and its uses”. indianexpress.com/article/techno…
#ExpressEditorial | To be sure, there are legitimate concerns over #cryptocurrencies. But an outright ban, even though there are questions over its enforceability, would not be the prudent way forward: indianexpress.com/article/techno…
All the fuss about CRYPTO BAN in India!
- A thread 🧵 (1/8)
#CryptocurrencyNews #cryptocurrecy #cryptoban #cryptobanindia
- A thread 🧵 (1/8)
#CryptocurrencyNews #cryptocurrecy #cryptoban #cryptobanindia
Today's morning, all major cryptocurrencies saw a fall of around 15 % or more, with Bitcoin down over 17 %, Ethereum falling by close to 15 %, and Tether down by almost 18%. (2/8)
#CoinDCX #WazirX
#CoinDCX #WazirX
'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, seeks to ban all private cryptocurrencies in India with certain exceptions and is also looking to make a framework for the official digital currency that the Reserve Bank of India will issue. (3/8)
Important details to emphasize, in re #LedgerHack #blockchain #cryptocurrency #cryptocurrencynews
This also illustrates why #privacy is important when shopping.
This also illustrates why #privacy is important when shopping.
Zero cost ways to improve your privacy:
- Use a separate email address for shopping
- New one every year; "burn" the old
- Use a Google Voice number, rather than your own
- Ditto; rotate GV numbers yearly.
- Rotate CC numbers yearly.
- Use gift & crypto debit cards
- Use a separate email address for shopping
- New one every year; "burn" the old
- Use a Google Voice number, rather than your own
- Ditto; rotate GV numbers yearly.
- Rotate CC numbers yearly.
- Use gift & crypto debit cards
Low cost ways to improve your privacy:
- Rent a UPS Store or Post Office box, and receive mail and packages there.
Other basic privacy tips, worthwhile to review: usa.kaspersky.com/blog/privacy-t…
- Rent a UPS Store or Post Office box, and receive mail and packages there.
Other basic privacy tips, worthwhile to review: usa.kaspersky.com/blog/privacy-t…
