IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.
Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks. And with a click or two more, they will be listed and ready to trade on IKONIC’s marketplace.
#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN
Lots of people talk about how Bitcoin is too expensive. Not only can you buy in with as little as $5.00, but its price is a bargain compared to what it will be ten years from now. This episode talks about the event that will bring Bitcoin to a new six-figure price. Bitcoin will allow our people to enter a new level of wealth.
👉Click Here👉: https://youtu.be/fomOcxO2BpA
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After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike.
Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and PlanB, are bullish on the bullish trend, with the Bitcoin price currently holding above $39,000.
In a tweet on May 4, on-chain data provider Santiment published historical data showing a 20% rally as a result of BTC transactions is negative at the same levels between February 16 and 22. The week’s Bitcoin Ratio of On-Chain Transactions Volume in Profit/Loss statistic is the third largest capitulation in a year.
As technicals improve, several analysts and traders forecast a price increase in the following days.
Michaal van de Poppe predicts that the price of Bitcoin (BTC) will rise from current levels. He stated,
“Bitcoin starts to look way better at this stage. Odds that the event tonight is a ‘Sell the rumour, Buy the News’ event are increasing.”
A prominent crypto trader, The Wolf Of All Streets, predicted a rebound in Bitcoin price as it breaks above the trend line. A big rise could be anticipated if the BTC price stabilizes over $39,000.
Bitcoin On-Chain Transactions Volume. Source: Santiment According to PlanB, the original $55K S2F model, which was released in March 2019, appears to be tracking the Bitcoin price trend. He also expects Bitcoin to rise in value.
The price of Bitcoin (BTC) has regained over 5% in the previous 24 hours, stabilising near $39,000. Whales continue to accumulate at dips, resulting in a huge increase in trading volume. Furthermore, the BTC has avoided a drop below the critical support level. It suggests that a rally could happen in the next several days.
Suggested Reading | Bitcoin Briefly Tops $40,000 As More Countries Adopt Crypto
BTC Trades Sideways BTC has been trading sideways over the past few days, with the price dropping below $40,000 on April 26. Although, after reaching the swing highs near $48,000, the price has already begun to drop. BTC retreated and lost 45 percent of its value. BTC sellers, on the other hand, are weary as the price trades sideways in a narrow range since April 25.
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BTC/USD trades sideways. Source: TradingView A daily close below the session’s low, on the other hand, would disprove the bullish price assumption. In that situation, $36,000 would be the lowest point on the downside.
BTC/USD is currently trading at $39,874, up 5.63 percent for the day as of publishing time. According to CoinMarketCap, the first cryptocurrency by market capitalization has a 24-hour trading volume of $35,528,442,016.
Suggested Reading | Will Bitcoin Shoot Over $40,000 — Or Drop To $35,000?
Volatility Drops Bitcoin’s historical volatility is at 18-month lows, according to statistics released by the Buy Bitcoin Worldwide webpage. Its anticipated 60-day average value fell to 2.62%.
Bitcoin (BTC) volatility was last this low in November 2020, when the orange coin broke through $10,000 for the first time in this bullish cycle.
Image by Buy Bitcoin Worldwide On April 27, 2022, thirty-day volatility reached a local low, but it is already showing signs of recovery.
The Bitcoin Volatility Index (BVOL), similar to the stock market’s VIX, shows how much Bitcoin’s price changes on a given day in relation to its previous price.
The most recent increase in Bitcoin (BTC) volatility occurred in July 2021, when the flagship cryptocurrency was twice as volatile over a 30-day period as it is now.
Featured image from Pixabay, chart from TradingView.com
COTP FUNDING with CashApp Instructions: Step 1:Use this link to register for the Crypto program COTP below: http://tradewithchristopher.com/
Sign Up Free With CashApp https://cash.app/
Step 2: In the CashApp app on your device purchase the amount you want to invest in the program, by purchasing Bitcoin, the minimum is $10, but you can purchase as much as you like. (Note: You must verify your identity in CashApp Bitcoin BTC section before completing a Bitcoin purchase.) Make sure your identity is verified and then you will be able to purchase your Bitcoin.
Click here Step 3: CLICK HERE FOR CONTINUED INSTRUCTION VIDEO
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The blockchain industry is at the forefront of innovation, with new ways to harness this secure distributed ledger technology in various areas of traditional business. A key feature of conventional blockchains is the ability of any entity to verify the integrity of the blockchain ledger by executing the same algorithm that was used to generate it.
What are quantum-safe blockchains? Quantum computers will be able to execute algorithms significantly faster than classical computers, enabling them to break most cryptographic algorithms. Attackers with a quantum computer might be able to break into any system that uses today’s encryption algorithms and cannot evolve in time.
The Post-Quantum Blockchain is the next step in blockchain technology, leveraging the power of post-quantum cryptography to ensure that data is stored securely and cannot be tampered with, so they can rely on the integrity and security of their data.
In contrast to existing blockchains, which rely on the pre quantum RSA, post-quantum blockchain uses encryption algorithms like NewHope, NTRU, Frodo, SIDH that are more secure against current quantum computers.
Why does the modern blockchain lack efficient infrastructure? While talking about the security of the blockchain we also have to look at the scalability of the blockchain in order to execute the smart contracts on it. Here comes the impossible trinity into play which says that every blockchain network is constrained by this popularly known Scalability Trilemma – scalability, security, and decentralization. Theory suggests that a blockchain network is trying to max at one factor at the expense of the remaining two factors. Eg. If a blockchain network focuses on increasing scalability, then the security and the decentralization of the particular blockchain get hit.
This has been affecting several Tier 1 blockchains like Solana (SOL) and Polygon (MATIC) which recently experienced a situation where a high number of transactions on their network caused it to overload the RPC nodes which further causes multiple transactions to be canceled and causes the network to jam.
This has caused multiple projects that are built on these blockchains to crash as well. The issue with current blockchain appears to have been caused by too many transactions being processed at once—about 400,000 in total. The average capacity that Solana (SOL) can process is around 65,000 transactions per second and this resulted in the network becoming congested and crashing.
Most recently, Solana mainnet beta fell out of consensus and the validator network couldn’t recover. This was majorly due to the botting on the Candy Machine NFT minting tool ,there were four million transaction requests and 100 gigabits of data every second which is a record high for the network.
Here’s how blockchain’s scalability issue affects investors and traders This greatly impacted the traders, investors, gamers and many others using the particular blockchain network as it can cause losses and delays in transactions. This could have a possible detrimental effect on projects looking to build further on the blockchain as this could easily lead to the failure of the project because of the congestion on the blockchain.
This sort of scalability issue needs to be addressed when global adoption kicks in. Many traders have this network fee slippage issues due to insufficient infrastructure to support the mass traffic. That is where a solution of future-proof architecture must work equally well with both classical cryptography and post-quantum cryptography.
To achieve this goal, Cellframe product pioneered the technology that groups transactions into cells. Instead of verifying every transaction, Layer 1 mainnet verifies these cells. As such, computational resource consumption is reduced dramatically: a network needs to verify one cell instead of 100 transactions.
Addressing the future of post-quantum computations, Cellframe promotes itself as a blockchain-agnostic platform (“Layer Zero”) that can interact with Bitcoin (BTC), Ethereum (ETH) and so on. This design unlocks unmatched opportunities in terms of scalability and accessibility.
Cellframe offers the same level of scalability for all associated decentralized applications (dApps), DeFis, NFT marketplaces, play-to-earn ecosystems, and so on. New “Cell Chains” can be added to this architecture again and again. Within the ecosystem, they work like shards of NEAR Protocol or Ethereum 2.0. Every element of the system can be easily isolated in the event of an attack.
Supersingular curves and lattice permutations are used as the basis. Implementations of such algorithms for public key communications are already available on the network. As such, the system has a virtually infinite bandwidth, impressive flexibility and unmatched scalability.
Creators of cells can mitigate scalability issues by launching additional “cells” on the same infrastructure. In different systems, cells can be integrated into various use cases. Cellframe instruments are suitable for both entrepreneurial and retail use.
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Nic Carter, co-founder of Coin Metrics shared his opinion on crypto mining, talking about the tedious and enervating debate regarding bitcoin’s (BTC) purported environmental costs. The cause was not the revelation that miners are the most benevolent industrial consumers possible, providing a valuable source of flexible load that will accelerate a green energy transition like Bob Eco, Power Ledger and FlexiDao. Nor was it that the bitcoin mining industry is more transparent, more sustainable, better understood, and more accountable than it has ever been.
“Recent events also make bitcoin’s utility starkly clear, even as its energy impact rises. In the 1970s, when the U.S. defaulted on its promise to maintain the gold peg and inflation ran rampant as a consequence, the price of gold soared from $35 an ounce to $675, or a factor of nine in real terms. Counterintuitively, the resource costs associated with gold extraction increased when gold lost its official status. The more gold was worth, the greater the bounty available to miners. So production increased dramatically, as did the associated energy and ecological costs.”
“Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft”, he wrote.
What's your take on it?
Traditional gatekeepers continue to be the market leader in the lending space (of personal loans, short term loans, etc.), but now they have some company. The company is both in the capacity of support & competition. Technology is disrupting every space & money is what it makes. More of what you would make without Tech. Then how about Tech in financial markets? Here comes Fintech.
Technology has long been associated with helping financial industries function better and make more and more money for “itself”. Here is the catch — it took too long to reach or serve the public. Commodities & derivatives trading & investment banking are some verticals that were leaders in technology adoption even before disruptions like COVID. The lending space, however, lagged. Even to date, many clerical works to loan applications at a bank require tedious follow-ups & frequent visits. Anything can happen instantly & online, like a Demat account opening, but what about applying for a personal loan online or the concept of instant loans? Let us see how Fintech is changing the space, finally.
Contrary to the popular conservative belief that a life without any debt is the most mentally peaceful one, Economists argue (& with data in hand) that the more the debt penetration in the economy, the higher the growth opportunities. Simple analogical understanding will be that financial support gives an individual or a family the much-needed push to come out of vicious poverty or low-income cycle and exercise better options. Let us see the numbers now.
India is one of the world’s fastest-growing economies. It has the world’s 2nd largest population and also the youngest. In 2021, the loan market grew to a whopping INR 157 Lakh Crores. Retail (which constitute personal loans, short term loans) & Commercial Loans made for 49% each of these, while the balance of 2% was for microfinance loans of up to INR 1.5 lacs. The growth of these segments has been phenomenal over the last 2 years, with each of them growing 91%, 157% & 93% for retail, commercial & microfinance segment, respectively.
Commercial loans, as the name goes, are for business houses. They are of substantially massive amounts and are sanctioned mainly by a consortium of banks against orders received, inventory, assets, etc. Retail loans are given to individuals. They are of two types two — secured & unsecured. By the literal meaning, secured are the ones backed by collateral security & hence, lower rate of interest (ROI). A few popular examples being of Housing Loans and Car Loans. Unsecured are not backed by any collateral and are thus of higher risk to the bank. As a result, the ROI is higher too.
Personal loans form a part of the retail lending segment — unsecured. Personal loans are generally taken to meet emergency expenditures like medical or for events whose cost is higher than regular income, for example, marriage. Best personal loans are now available over the internet, where you can apply for a personal loan online. Short term loans are a feature of it, with the amount ranging from few thousand to around 2–5 lacs. Fintech is revolutionizing this space, with PHOCKET being one of the leading players to get instant personal loan online. Getting instant personal loans online has been made possible now with the stringency of eligibility being relaxed. We shall read more about instant personal loans as we advance.
Now we shall get into the nitty-gritty of the architecture that makes this all possible. Online loan applications are processed instantly with artificial intelligence (AI) technology. But this is just one leg of this octopede or decapede. These best personal loan offering fintech startups also use the hybrid cloud technology, which gives banks and other financial organizations cloud computing speed and public and private cloud resources. It significantly cuts down on the cost & time. All of this, mind you, come with top-level security levels, governance, and compliance with laws & regulations. The next leg of applied technology is called Application Programming Interface (API). To explain in simple words through an elementary example is the use of Google Maps by Uber, Ola, Zomato, and Swiggy. They all need GPS, of which google maps is the leader. Hence, utilization of information gathered by one company by all who need it. They are sharing resources & costs, cutting down on time and efforts. The online personal loan fintech companies collaborate with APIs to get centralized data like bank records, credit history & other details of the borrower. The final piece of the jigsaw is the blockchain technology, which we know more about through cryptocurrency or the more familiar term bitcoin. To attempt another simple explanation, a blockchain is a series of ledgers not controlled by a central authority, to trace transaction history by any participant. It is supposed to be the most democratic, cheap, and safe method of storing data and conducting financial transactions. Thus, personal loan issuer companies that perform the entire process online use a coherent mix of all this technology, plus some more like Robotic process automation (RPA) which makes getting instant personal loans possible.
Apps like PHOCKET — Instant Access To Cash have made life easier for a lower or middle-class earning individual to have financial support in times of need. Apply for a personal loan online, and dousing emergencies can be possible. Get instant personal loan by uploading a few documents and waiting for a few hours to get approval and credit into your bank account.
Best personal loans or short term loans are made available with reduced eligibility criteria.
Banks used to deny any support to persons with less than 700 or even 750 credit scores. Such is not the case with online personal loans. The earning criteria are relatively low, and there is also a possibility of including people employed in the unorganized sector. Apply for a personal loan online without visiting multiple banks multiple times. The fintech revolution for the public is here, finally.
