https://www.reddit.com/r/Bitcoin/comments/tsrxo5/isnt_coinjoining_a_taxable_event_in_the_eyes_of/
Wednesday, March 30, 2022
Crypto Market Outlook Bitcoin: Stability in Uncertainty
Author: Joshua Aldio, Business Associate Tokenomy
The prices of major cryptocurrencies were mixed on Friday (18/3/2022) morning Indonesian time as investors digested the news of the United States (US) central bank interest rate hike.
Based on data from CoinMarketCap as of 09:00 WIB, cryptocurrencies that were trading in the red zone included Bitcoin which weakened 1.42% to a price level of US$ 40,555.84/coin or equivalent to Rp. 579,948,512/coin (assuming an exchange rate of Rp. 14,300/US$).
XRP digital coin (token) also fell 0.39% to US$ 0.7902/coin (Rp 11,300/coin). Terra fell 2.76% to US$ 85.65/coin (Rp 1,224,795/coin). Solana fell 2.5% to US$ 86.49/coin (Rp 1,236,807/coin). Cardano fell 0.32% to US$ 0.8347/coin (Rp 11,936).
Meanwhile, for the cryptocurrencies traded in the green zone, Ethereum rose 0.6% to a level of US$ 2,785.02/coin or Rp. 39,825,786/coin, BNB increased 0.87% to US$ 387.75/coin (Rp. 5,544,825/coin), Avalanche jumped 6.72% to US$ 80.82/coin (Rp 1,155,726/coin), and two stablecoin tokens Tether and USD Coin remained in the green zone.
After briefly hitting the US$ 41,000 price level yesterday, Bitcoin this morning returned back to the US$ 40,000 price level.
The largest altcoin token, Ethereum, also remained around the US$ 2,700 level.
The rise in altcoins’ prices over the past few days suggests a greater risk appetite among crypto traders.
This happened amidst the struggling global stock market, although in the Asia-Pacific region this morning, sentiments tended to be mixed after the Chinese government pledged its support for the Chinese stock market on Wednesday.
On the macro front, analysts expect limited gains for the US dollar, which could be a positive sentiment for Bitcoin in the short term.
“The US dollar has appreciated since Russia began its military aggression against Ukraine, which is not surprising given that the greenback has a track record of appreciating in response to geopolitical events,” MRB Partners, a global investment research firm, wrote a research report.
“However, this strengthening is generally followed by a consolidation phase,” added MRB Partners.
Investors in crypto tend to be less worried about the Fed’s benchmark interest rate hike because they have been anticipating it for a long time and the rate hike is in line with their expectations.
The US central bank (Federal Reserve / The Fed) has raised interest rates by 25 basis points (bp) on Wednesday US time in line with market expectations.
The Fed also forecast aggressive plans for further rate hikes while cutting its economic growth forecast for this year.
“People are getting more comfortable with the fact that interest rates are finally going up. This has been talked about by [Fed] Chair (Jerome) Powell since early December,” Michael James, managing director of equity trading at Wedbush Securities, told Reuters.
Bitcoin Technical Analysis
As we can see on the H1 chart, Bitcoin’s price has been increasing. We foresee that Bitcoin’s price is forming a bullish flag pattern with a divergence from Stochastic Oscillator. This would be a buying signal for traders who would have a short-term entry model.
Trading Call: Speculative Buy at $40,000, and short Take Profit at $42,000
Traders and investors can utilize the Dual Currency Deposit in Tokenomy to place pending orders and earn some yield while waiting for the order to be executed.
DCD Reference : BTC/USDT at $40,000
Do Your Own Research!
Go to www.tokenomy.com or contact us on our social media for more information.
REGISTER NOW AT TOKENOMY.COM
Looking for new opportunities in the Crypto Industry. I'm a Web Designer and want to get involved in crypto-related projects, especially in Latin America.
Hi, I am a Venezuelan graphic and web designer passionate about the crypto ecosystem.
I'm looking for new opportunities in this industry, especially in those with projects and/or products focused in Latin America.
I want to learn, improve my skills and become a UI/UX designer and I would like to get some kind of paid internship in this area but I am not limited only to design areas, I can collaborate with multiple tasks such as virtual assistant, graphic content creator or contribute to the growth of communities in the region.
I recently did the web design for this couple of Bitcoin related projects:
- bitcoinexperience.org: Bitcoin Event in Venezuela.
- bitblioteca.com: Educational project translating bitcoin content into Spanish.
You can also see some of my previous graphic design work in my Behance portfolio: behance.net/arturus
Besides graphic and web design I have an Associate Degree in IT and I have used and tested different crypto products and services on different networks so I am quite familiar with the technology.
I'm very organized, I have experience in productivity tools and I have a good internet conection so I can help you make your project more effective.
If you have a project that you think I can participate in and grow in the industry contact me via PM You can also send me an email to a[@]rtur.us
Crowdfunding Priorities? | Development / Exchanges / Marketing / etc
Hey everyone!
So as many as you may know we have a community crowdfunding system at https://ccs.vertcoin.io/ that anyone can submit their ideas to and if enough support is gathered from the community, can request funds for.
Successful projects
So far there have been 3 successful projects crowdfunded, from the #VTCember giveaway to code signing certificates and Apple Developer Program membership.
https://i.imgur.com/S4R9Oq5.png
It's really amazing what the community can do when we work together! Seriously, thanks because you guys rock!
Development projects
Currently we have a couple of development projects that haven't been fully funded yet!
The main one (in my opinion at least) is the one for the update of the Core software! Development certainly isn't cheap, but even when the project was initially put up on CCS, it was lower than what other devs would charge.
Even though the price of Vertcoin has gone down, the funding goal remains the same at 10,000 VTC. I don't know if there are any intents to adjust this goal at this time but I really think we should work together to fund it so we can enjoy the latest update! The developer behind it has also been hard at work in updating Electrum, and optimising the build process of Vertcoin Core. LETS FUND THIS!
Merge in upstream Bitcoin v22.0 to Vertcoin-Core
https://ccs.vertcoin.io/proposals/merge-upstream-v22.html
There's also a CCS proposal for a Vertcoin Mobile Wallet which I think could be pretty awesome:
https://ccs.vertcoin.io/proposals/mobile-wallet.html
Exchanges?? Thoughts wanted
Okay, so while this isn't talked about a lot here, some folks in the Telegram group (https://t.me/VertcoinCrypto) do bring it up every now and then. Now more exchanges would be great but sadly most of them charge quite high fees. I've talked to some exchanges and some listing partners and here are some rough ideas (might be a bit outdated):
XT - $10k
Coinstore - $20k
Digifinex - $35k
Mexc - $80k
LBank - $45k
Bitmart - $50k
Bibox - $30k
Hotbit - $30k
Probit - $30k
What do y'all think about this? Exchange fees are quite high and personally I think we should focus on development goals before we focus on exchanges but some others feel the opposite.
Should we focus on this? If so, are there any exchanges we should focus on being listed on (large ones will be difficult)? Should we have a general exchange fund (I believe we used to but it ultimately went unused and was diverted to development).
Marketing projects
There are a couple marketing projects currently on the CCS.
There's the Vertcoin History Book project
I’ve embarked to write about blockchain-based projects which have been active for at least 8 years. As things stand, three books are nearly complete (or about to be released). They are Groestlcoin, Syscoin and DigiByte. The Vertcoin blockchain launched on 10th January 2014.
I propose to research Vertcoin historical events/milestones from 2014-2021 by collating information from different sources. Bitcointalk will be researched to gain VTC history for the period 2014-2017 and I will investigate other official VTC social media accounts, blogs, articles etc for subsequent material.
...
https://ccs.vertcoin.io/proposals/vertcoin-book-initial-funding.html
There is also another marketing project in its initial stages about a bounty system with small tips to reward the members that contribute to the community and its growth.
What the VTC community has not done so far, but is a nice reward system seen in other crypto projects, are small tips paid for the growth of the community, with these tips, people get small rewards for small tasks they do and contribute to the growth of the community with the principle of unity is strength.
Share your thoughts here, or on the GitHub:
https://github.com/vertiond/ccs-proposals/pull/23
Summary
Great job so far with the community effort! We still need to fund some VTC development :) There's some pretty neat marketing ideas in the CCS you may want to take a look at! And... looking for your thoughts on exchanges :) Thanks!
If you have any ideas, feel free to comment below, or in the Vertcoin Team discord: https://team.vertcoin.io/ or in the CCS if your idea is a bit more fully fledged. (Feel free to ask me for help if you need help with using Git(Hub)!)
43% of Americans Surveyed Think Optimistic About Cryptocurrency
- 74 percent of Americans indicated they had never acquired cryptocurrency.
- 8 percent said they had owned crypto but no longer held the digital asset.
According to a Quinnipiac University survey released last week, Americans under 50 are growing “bullish” about cryptocurrencies. Moreover, most Americans — 43 percent — believe that cryptocurrencies will play a significant role in the future economy. The crypto market has recently shown bullish traits with major coins on the rise including bitcoin and ethereum.
More than half of the almost 2,000 Americans questioned were enthusiastic about crypto’s future, particularly those between the ages of 18 and 29. In contrast, according to the survey, just 21% of Americans 65 and older believe that cryptocurrencies will become a dominating economic force in the next several years.
Only 40 percent of those aged 50 to 64 believe in the long-term viability of cryptocurrency, compared to 53 percent of those ages 30 to 49. According to the research, 74 percent of Americans indicated they had never acquired cryptocurrency, while 8 percent said they had previously purchased cryptocurrency but no longer held the digital asset.
Dr. Osman Kilic, professor at Quinnipiac University, said:
“Even though most people under 50 haven’t heard a lot about cryptocurrencies, most of them see crypto becoming a dominant economic force in the future.”
Marketing Strategy
He further said that crypto firms are increasingly turning to sports advertising to broaden their appeal because of this. So when he talks about crypto corporations going out during significant sporting events like the Super Bowl, he’s talking about this marketing strategy. Following this year’s Super Bowl, crypto applications saw a 279 percent increase in downloads. After the commercial aired during the Super Bowl in February, Coinbase’s app had a 309% week-over-week increase in new app installations due to its viral bouncing QR code ad.
The post has appeared first on thenewscrypto.com
The post 43% of Americans Surveyed Think Optimistic About Cryptocurrency appeared first on CZcalls Crypto Marketing..
Imran https://www.czcalls.com/crypto-news/43-of-americans-surveyed-think-optimistic-about-cryptocurrency/
Five Ways to Generate a Passive Income through Blockchain Innovations
Digital currencies are gradually becoming mainstream as more people in the world embrace this ballooning asset class. Back in the early Bitcoin days, only a handful of stakeholders had the conviction that the crypto market would hit a trillion dollars. Well, it is now two times that figure, not to mention that it had eclipsed $3 trillion at the height of the latest bull run in November 2021.
More interestingly, this market has grown into a diversified ecosystem, with Decentralized Finance (DeFi) and Non-fungible tokens (NFTs) taking the centre stage. These two niches are a perfect representation of the underlying potential of blockchain technology. DeFi introduces a new era of finance while NFTs have enabled artists to authenticate their work and access global clients through decentralized marketplaces such as Opensea and Rarity.
As easy as it may sound, it is not that simple to make a dime in the volatile crypto market. Some investors have lost fortunes in significant measures. Luckily, such situations can be minimized through proper due diligence and focusing on the right crypto investment trends.
This article will narrow down into some of the passive income opportunities in the blockchain economy. Some of the notable avenues include decentralized betting protocols, the metaverse, DeFi staking, synthetic trading, and play-to-earn (p2e) games.
- Decentralized Betting Protocols
The online gambling market is currently valued at $59 billion; according to Statista, this metric will likely double within the next year. Following the rise of decentralized protocols, some of these funds are finding their way into the blockchain ecosystem. Today, one can easily place a wager on a decentralized betting protocol such as LunaFi, which leverages smart contract infrastructure to automate payouts.
The LunaFi betting protocol also gives users an option to become the house by providing liquidity in various pools. Built on the fundamentals of a trustless ecosystem, LP providers on LunaFi house pools are entitled to a share of the profits. The platform’s flagship DApp ‘Lunabets’ is powered by the native $LFI token which serves as the reward incentive for LPs and other players who decide to take on the house.
- Virtual Worlds (Metaverse)
A virtual world or popularly known as the metaverse is another blockchain-built ecosystem where crypto natives can make some money. This concept has spread like a wildfire to attract enthusiasts from the creative and gaming industries. As it stands, prominent celebrities in Hollywood like Snoop Dogg and Paris Hilton are some of the investors that have acquired virtual land or formed a partnership to host events on Web 3.0.
While most normies are yet to catch on to the trend, emerging metaverse platforms such as Bullieverse are making it simpler to become part of this futuristic way of life. This Ethereum and Polygon compatible metaverse features a ‘low code’ building environment that enables its community members to create and publish customized games. It is also possible to own and rent out NFTs within this ecosystem.
- DeFi Staking
Fundamentally, blockchain ecosystems are secured by a distributed network of contributors; miners (Proof-of-Work) and stakers (Proof-of-Stake). The latter is more accessible to small-time crypto users, given that it does not require computational energy. Instead, node validators on PoS blockchains commit their tokens to add and verify transactions in return for network incentives.
Some of the PoS networks where crypto users can stake include Wanchain, a cross-chain layer designed to introduce interoperability within several blockchain environments. This ecosystem rewards stakers with the native $WAN token. Simply put, DeFi users are not only exposed to Wanchain’s interoperability bridges but also an opportunity to increase their wealth through the platform’s staking program.
- Play-to-Earn (P2E) Games
This crypto niche is currently the most trendy narrative, capturing the attention of both market veterans and prospective entrants. Last year, p2e games dominated a larger percentage of the total active DApp usage, with games such as Axie Infinity and Splinterlands taking home the lion’s share. The former recently surpassed $4 billion in total sales, a growth curve that will likely continue as we enter the second quarter of 2022.
So, what’s the catch in the p2e model? Unlike DeFi, p2e games are more straightforward; in most cases, players engage in the game by accumulating digital collectibles that have an internal or external value. These on-chain assets can be swapped for other digital currencies or fiat via decentralized NFT marketplaces. A revenue-generation structure that is currently supporting some families in countries such as the Philippines.
- Synthetic Trading
The traditional stock and commodities market has been the pillar of modern-day finance. However, these assets are not accessible to most people; well, thanks to synthetic cryptocurrencies, it is now possible to get exposure to stocks such as TSLA and lucrative metals like gold. Ideally, synthetic assets derive their value from the prevailing price of an underlying real-world asset (stocks, commodities, or real estate).
The beauty of synthetic crypto assets is their decentralized nature which means that anyone can purchase these financial instruments regardless of their geolocation. Mirror Protocol is one of the platforms that is creating an environment where traders can swap traditional financial instruments round the clock in the form of synthetic assets. This approach has been integral in eliminating the barriers imposed by centralized brokers, banks, and investment firms.
Conclusion
As highlighted in this article, the crypto market is a hub of money-making opportunities. While it may still be facing strong opposition from regulators, it would be costly to miss out on these early developmental stages. The next few years will likely welcome mainstream adoption and the evolution of DeFi into a more sustainable ecosystem.
Meanwhile, NFTs will become the new form of art and a primary building block of the gaming sector. This calls for savvy market analysts and investors to keep tabs on the ongoing trends to make the most of this new economy.
Disclaimer: The ‘Crypto Cable’ section features insights by crypto industry players and is not part of ZyCrypto’s editorial content. ZyCrypto does not endorse any company or project on this page. Readers should conduct their own independent research before taking any actions related to the company, product, or project mentioned in this piece.
The post Five Ways to Generate a Passive Income through Blockchain Innovations appeared first on CZcalls Crypto Marketing..
Livine Sanchez https://www.czcalls.com/crypto-news/five-ways-to-generate-a-passive-income-through-blockchain-innovations/
IRL Event: Privacy in Cosmos. Live in Amsterdam (x-post from /r/Bitcoin)
https://www.reddit.com/r/Bitcoin/comments/ts217r/irl_event_privacy_in_cosmos_live_in_amsterdam/
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