Sunday, December 4, 2022

Cardano Rumor Rundown December 5, 2022

Hey Everyone!

Let’s go….

Newly Covered Today:

  1. It’s hard to overestimate the impact of Midnight opening up TypeScript as a smart contract programming language in Cardano. This opens Cardano up to a truly gigantic number of developers since a JavaScript program is also a valid TypeScript program. https://www.statista.com/statistics/793628/worldwide-developer-survey-most-used-languages/
  2. Some are speculating that Caroline may be in New York cutting a deal to roll on SBF based on a photo & report of her getting a coffee. Possible…very possible. https://twitter.com/AutismCapital/status/1599481635187351554
  3. Public acknowledgement of the veracity of all the predictions about the power of AI is basically happening overnight right now. https://twitter.com/sytelus/status/1598523136177508356
  4. ChatGPT will already attempt Plutus smart contract code upon a simple prompt. While it may be flawed…there’s no denying that coding via AI is in our future. https://twitter.com/Cerkoryn/status/1599279820864905216
  5. Nido brought us the perfect Cardano Christmas song over the weekend. https://twitter.com/OfficialNID0/status/1599224956130246656
  6. How about in-game ADA transactions and voice chat in a Cardano metaverse this month?!? Well done Carda Station! https://twitter.com/Carda_station/status/1599415011725959168

Previously covered, but still interesting:

  1. Charles dropped a whole video on how Elon can decentralize Twitter with Doge and Cardano. https://www.youtube.com/watch?v=G7dmU2CCJo
  2. MuesliSwap drops a mysterious tweet saying it is working on one the biggest Cardano DeFi innovations. https://twitter.com/MuesliSwapTeam/status/1590096808042459136
  3. Charles sums up today in Cardano perfectly. https://twitter.com/IOHK_Charles/status/1590151060639059970
  4. CZ of Binance signed a non-binding letter of intent to acquire FTX to help remedy what he describes as a liquidity crunch at FTX. https://twitter.com/cz_binance/status/1590013613586411520
  5. I definitely did not think I would wake up this morning and watch Martin Shkreli and Do Kwon in a live discussion of a non-binding LOI for Binance to acquire FTX. https://www.twitch.tv/uponlytv
  6. Here’s a great thread offering a very thorough explanation of what has gone down with FTX. https://twitter.com/milesdeutscher/status/1589631447517655040
  7. Elon files paperwork with FinCen for Twitter to become a payments network as a money transmitter. https://twitter.com/jp_koning/status/1590413986843201536
  8. Here’s a nice video of Charles crushing the kid from The OC (who is now a middle aged crypto critic) along with some other person who says that “crypto has ruined lives.” The actor basically thinks that every cryptocurrency is just a security. He also reminded everyone he went to college and has a book coming out. https://twitter.com/casey_lau/status/1589530354217783296
  9. Out of the FTX-Alameda chaos, things are really REALLY not looking good for Solana. https://twitter.com/DU09BTC/status/1590307342884962305
  10. Virtua gave us a sneak peek of the inside of the Cardano Island condos. They look good! https://twitter.com/virtua_official/status/1590450026957840384
  11. My…my…my…how the tables have turned, Solana. https://twitter.com/MagicEden/status/1590435695080140800
  12. Rumors are swirling that wrapped BTC in Solana issued by FTX and/or Alameda and present on many lending and AMM platforms will spread the contagion very widely. https://twitter.com/weremeow/status/1590461628864397312
  13. The Cardano Summit registration for virtual attendance is now open. The Summit will run Nov. 19-21st. https://twitter.com/Cardano/status/1591793019975397377
  14. Cardano development stats are looking very nice (Nov 14). https://twitter.com/InputOutputHK/status/1591822447346536449
  15. IOG’s virtual ScotFest will be happening right before the Summit Nov 18-19. Kickoff will be 10:00 AM GMT on the 18th. Keynote from Charles at 2pm GMT on the 18th. https://iohk.io/scotfest/
  16. Apparently, Crypto.com says it accidentally sent $400 million to Gate.io and then had to ask Gate to send it back. People should be asking some serious questions about controls at crypto.com. https://twitter.com/kris/status/1591605600638881792
  17. BlockFi appears to be impacted by the FTX/Alameda implosion. https://twitter.com/BlockFi/status/1590875997351866368
  18. Carda Station has a treasure hunt going on inside their metaverse! https://twitter.com/Carda_station/status/1591462387776888833
  19. A large ETH podcast gets called out and ratioed hard for its past behavior in the context of current events. https://twitter.com/StakeWithPride/status/1591500079873265665
  20. Charles straight killed it in that mega twitter space with a bunch of big crypto names by pointing out that Cardano and Bitcoin are good in all this because they’re actually decentralized which is what the whole space needs to pursue instead of a bailout. The whole crypto space needs to live up to the label of “decentralization” we slapped on this thing. https://twitter.com/iamshamdol/status/1591933841337638913
  21. The Dragon is using FTX as a foothold to paint all of crypto as “smoke and mirrors”. Shocker: she wants “aggressive enforcement”. https://twitter.com/SenWarren/status/1590496981751058432
  22. Things keep getting worse with FTX/Alameda. The Wall Street Journal is reporting that “Alameda Amassed Crypto Tokens Ahead of FTX Listings”. https://www.wsj.com/livecoverage/stock-market-news-today-11-14-2022/card/alameda-amassed-crypto-tokens-ahead-of-ftx-listings-public-data-shows-z6KFN051ToEpFohTXA89
  23. Senator Lummis explains why the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand Bill. https://twitter.com/SenLummis/status/1592212987259281408
  24. Humans often seem to value optimization of short-term growth over optimization of long-term growth. Even some Western Economists in the Cold War thought the USSR would outgrow the US. The crypto space is making the same mistake in undervaluing Cardano’s long term optimization. https://www.thecrimson.com/article/1960/10/17/professor-predicts-soviet-union-growth-will/ https://marginalrevolution.com/marginalrevolution/2010/01/soviet-growth-american-textbooks.html
  25. The New York Fed is rolling out a CBDC proof-of-concept along with BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank and Wells Fargo. https://www.newyorkfed.org/newsevents/news/financial-services-and-infrastructure/2022/20221115 https://www.businesswire.com/news/home/20221115005936/en/Members-of-the-U.S.-Banking-Community-Launch-Proof-of-Concept-For-A-Regulated-Digital-Asset-Settlement-Platform
  26. FTX-Alameda Contagion report: SALT lending has paused withdrawals and deposits. https://twitter.com/coffeebreak_YT/status/1592567205727961089 https://twitter.com/Travis_Kling/status/1592198107734876160
  27. Here’s a sneak peek at the upcoming Cardano Summit 2022 NFTs from TURF. https://twitter.com/Turf_NFT/status/1592536651472855041
  28. Sounds like we’ll get news on the Pavia live event “very soon”. https://twitter.com/PaviaRoss/status/1592474815096848385
  29. Frederik Gregaard’s latest interview definitely poses a hypothetical related to BMW involvement in Cardano. https://youtu.be/Uk9arH5qMIo?t=4234
  30. Caitlin Long’s Custodia Bank gets a preliminary win against the Federal Reserve in its quest to get a master account (that is necessary to get a routing number and etc). https://twitter.com/wadaniel/status/1592171742889480192
  31. Vitalik is worried about bugs in SC code and “most worried” about hacks of ZK-Rollups. I believe it’s obvious that ETH ZK-Rollups will generally be DnPs (“deposit and pray”). https://twitter.com/VitalikButerin/status/1592881308002549761
  32. ScotFest is only a day away (11-17). You can watch the stream on youtube. https://twitter.com/InputOutputHK/status/159293618740435763
  33. The US House Committee on Financial Services has planned a hearing on the FTX collapse for December. https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409920
  34. The Financial Services Committee hearing will not be the first time the Chairwoman of that committee has met SBF. https://twitter.com/hexidethmal/status/1591100345395990530 https://twitter.com/ChuckRossDC/status/1592951865519800320
  35. Congressional scrutiny of Binance’s role in the FTX collapse is interesting. How about someone determine FTX’s role in the FTX collapse before pointing fingers elsewhere? https://twitter.com/TheBlock__/status/1592945434355384321
  36. FTX Contagion Update: Genesis has suspended redemptions and new loan originations. https://twitter.com/GenesisTrading/status/1592867208275046401
  37. Yoroi has some kind of “especially exciting” announcement for the Cardano Summit! https://twitter.com/CryptoKeish/status/1592983315157770243
  38. Looks like City AM broke the news that IOG’s investment in the University of Edinburgh lab was $4.5 Million. https://twitter.com/IOHK_Charles/status/1593253855461920769 https://twitter.com/EditorParkin/status/1593253160365494273
  39. Don’t forget! ScotFest will be live in just a few hours at 10am GMT with a keynote from Charles at 2pm GMT (Nov. 18). https://iohk.io/en/scotfest#watch
  40. There’s trouble in Cardano NFT land. Allegations are levied that jpg.store is moving toward centralization and monopoly. https://twitter.com/Padierfind/status/1593243249442902017 https://twitter.com/berry_ales/status/1593251527292260357
  41. Looks like criminal charges are incoming over the FTX scandal. No surprise there. I wonder if eyes wide shut parties are easier to organize in jail or in a $40 million penthouse. https://twitter.com/BitcoinMagazine/status/1593285566539390977
  42. The FTX bankruptcy docs depict a horror show of complete lack of corporate controls. https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf
  43. Binance suspended deposits of USDT (SOL) and USDC (SOL). But, then resumed accepting USDT (SOL) deposits. https://www.binance.com/en/support/announcement/deposits-of-usdt-sol-token-resumed-4df9fb3a27bf4735b7a726a3a9849ac0
  44. Here’s a great presentation on Midnight from IOG. https://youtu.be/DxW_wrdTWuE
  45. You can mint the Cardano Summit 2022 NFTs by finding the secret area (go downstairs then out on the balcony to enter the garden which will transport you) and collecting all of the coins there. https://twitter.com/Cardano/status/1590268059645890560
  46. Emurgo is launching a stable coin! I secretly encoded that news in the last thirty seconds of last Friday’s video. https://www.coindesk.com/tech/2022/11/18/cardano-based-regulated-stablecoin-usda-will-hit-the-market-in-early-2023/
  47. All the data on the Cardano Summit voting has been released. https://voting.summit.cardano.org/categories
  48. Crypto made it into the G20 Leaders Declaration released by the White House. https://www.whitehouse.gov/briefing-room/statements-releases/2022/11/16/g20-bali-leaders-declaration/
  49. The overcollateralized algorithmic Djed stablecoin from COTI will launch in January 2023! The Djed Pay mobile app will also be coming in 2023. The collection of partnerships they have already inked looks very impressive. https://twitter.com/COTInetwork/status/1594697378069725185
  50. Here’s the full rundown on the 1:1 fully backed USDA stablecoin from Emurgo. It’s more than just a stablecoin. It’s a gate between a fully regulated fiat world account and your wild west crypto world wallet. https://youtu.be/cM7CjZOezto
  51. Wow. It looks like SBF was really meeting with everyone, even Fed Chair Jerome Powell. https://www.federalreserve.gov/foia/files/chair-powell-calendar-022022.pdf
  52. JCrypto gave us the first peek of Virtua condo interiors. https://twitter.com/JCRYPTO_YT/status/1594687839073075202
  53. Cornucopias debuted another reel of their metaverse. https://www.youtube.com/watch?v=MbH4B9X_Szw
  54. The Cardano Island Crib event beta test is now live. https://blog.virtua.com/virtua-news/cardano-island-crib-beta-test-faqs/
  55. This is an important skirmish in the greater battle and war. https://twitter.com/lex_node/status/1594824963386638336
  56. Carda Station has secretly built and opened up a second colony on the moon and it’s covered with a dome! https://twitter.com/Carda_station/status/1594863875328983041
  57. MuesliSwap is deploying concentrated liquidity pools on private testnet. https://twitter.com/MuesliSwapTeam/status/1593621917151514631
  58. Congressman Tom Emmer is trying to make it clear to everyone that the FTX collapse was about centralized finance and not about crypto which is focused on decentralization. https://twitter.com/RepTomEmmer/status/1595148698170032128
  59. Brian Armstrong has revealed that Coinbase had $39.9 billion in BTC as of September. https://twitter.com/brian_armstrong/status/1595126425371414528
  60. Virtua gave us a look at the exterior of the various sizes of cribs. https://blog.virtua.com/wp-content/uploads/2022/11/Virtua-Metaverse-Cardano-Island-Cribs-PDF.pdf
  61. The day started with some very worried about the status of Orbis. https://twitter.com/SCATDAO/status/1595491732044521473
  62. Cardano Whale reported on Twitter that “Ardana and Orbis rugged.” https://twitter.com/cardano_whale/status/1595587212619534336
  63. Shortly thereafter, Orbis acknowledged that they are unable to continue. https://twitter.com/orbisproject/status/1595589252330536960
  64. As did Ardana. https://twitter.com/ArdanaProject/status/1595594077260709888
  65. A SundaeSwap founder subsequently reached out to Ardana to see if there was any infrastructure or internal tooling that could be purchased. https://twitter.com/artembwright/status/1595597291896848386
  66. A big controversy emerged today over a big dump of Indigo tokens and a well known project founder who may be responsible. https://twitter.com/bisoncoin_io/status/1595559991775461376
  67. Buying Cardano NFTs with a credit card is now apparently a thing. https://twitter.com/winter_NFTs/status/1595497540169830402
  68. Now, SBF is being interviewed at a summit. This has gone too far. https://twitter.com/SBF_FTX/status/1595512579417378837
  69. Cardano Whale keeps exposing the egregious media/data blackout on Cardano. https://twitter.com/cardano_whale/status/1595410139653079043
  70. It looks like the Artifct Moon metaverse is beginning work on a 3D map. https://discord.com/channels/882364185244237884/882374348638404628
  71. Looks like the Bank of Japan will be launching a CBDC in 2023! https://www.nikkei.com/article/DGXZQOUB21BRU0R21C22A1000000/
  72. Concerns have surfaced over the possibility of a developing Twitter Space aristocracy in Cardano. https://twitter.com/intel_honesty/status/1596733717405310976
  73. Ryan Motovu of Ardana actually hosted a Twitter Space to answer questions. As expected, some people had some fire for him (not in the good emoji fire way) while others asked really good questions that were actually helpful in progress going forward. https://twitter.com/ArdanaProject/status/1596511862849507335
  74. Subcritical hosted a Twitter Space with DC of Liqwid where the controversy with the sale of his Indigo tokens was addressed. https://twitter.com/SubcriticalTV/status/1596218694140514305
  75. The Virtua Cardano Island landbot sale has been delayed to Wednesday and the free mint for holders of the 7 summit NFTs will be the day after. https://twitter.com/VirtuaMetaverse/status/1596219132797542406
  76. Charles says the CFund is going to be asking some very hard questions about the Ardana failure and he’s very disappointed they had to find out about it via Twitter. https://www.youtube.com/watch?v=AA6_kHwxFpA
  77. We have now passed the one year birthday of MuesliSwap which means it is also the one year birthday of DeFi on Cardano. https://twitter.com/MuesliSwapTeam/status/1464281537608830978
  78. BlockFi has filed for Chapter 11 bankruptcy and it’s reported the hole is $1-10 Billion. https://restructuring.ra.kroll.com/blockfi/Home-Index
  79. Today, I said very mean things about Apple…and I meant it. Some of this heavily impacts us in crypto and Cardano. https://twitter.com/ArmySpies/status/1597310943423516672
  80. World Mobile is going stateside! https://twitter.com/WorldMobileTeam/status/1597328923238739968
  81. Fidelity has launched their retail crypto business. It looks like it’s just BTC & ETH for now with others possible in the future. https://www.fidelity.com/crypto/help-desk/about-fidelity-crypto
  82. Pomp gets hilariously ratioed for his past heavy promotion of BlockFi. https://twitter.com/Wade24T/status/1597243894718091264
  83. Liqwid Labs has completed a $2.7 million seed round led by the CFund.It looks like this was an investment in the Team and Advisor allocation of tokens as opposed to Liqwid Labs equity. https://twitter.com/liqwidfinance/status/1597592725100302338
  84. The Swift network is letting you know that they’ve already completed their initial experiments on how to connect all the central bank digital currencies. https://twitter.com/swiftcommunity/status/1597240666547015680
  85. Here’s a really good point about gaming revenue vs. every other type of media and what that means for the future of crypto/blockchain/web3 based gaming. https://twitter.com/NFT_GOD/status/1597592022705213441
  86. The Pavia Plaza live test event will be December 14th! https://twitter.com/Pavia_io/status/1597585142993805312
  87. Vitalik makes a very good point here. Governance rights is a super weak narrative on which to base the value of a token. https://twitter.com/VitalikButerin/status/1597570120456769536
  88. NMKR’s Rogue Galaxies is adding some heat to Cardano Web3 games. It’ll be a Roguelike sci-fi MMORPG. The first NFT drop will be December 9th. https://twitter.com/RogueGalaxies/status/1597612942807437312
  89. LBRY is announcing that they have been “killed by legal and SEC debts”. https://twitter.com/LBRYcom/status/1597723017626681344
  90. The European Central Bank has become the latest in a long line of fortune tellers who for over a decade have been predicting the imminent demise of crypto. https://twitter.com/ecb/status/1597894360510922752
  91. Tomorrow the claim window will open for a free Virtua landbot if you hold all 7 Cardano Summit 2021 NFTs. https://twitter.com/VirtuaMetaverse/status/1598018929196425216
  92. Here’s a very high level peek from Wired at where a few members of Congress stand on crypto in a post-FTX world. https://www.wired.com/story/us-congress-ftx-cryptocurrency-regulation/
  93. Crypto Winter is still very frigid. Kraken just had to fire 30% of its workforce. https://blog.kraken.com/post/16442/business-update/
  94. A bill has been introduced in the US House and Senate to prevent the Fed from ever releasing a CBDC directly to the people. https://twitter.com/RepTomEmmer/status/1598038625337610240
  95. Maybe we’re going about this DAO thing all wrong. https://twitter.com/ArmySpies/status/1598071796468658176
  96. Things have changed in crypto. Maybe Cardano can be that hard reset. https://twitter.com/ArmySpies/status/1597857172402057216
  97. Now Apple has forced Coinbase to disable the ability to send NFTs in their Coinbase Wallet app. Why? Because Apple is demanding 30% of all gas fees used to send the NFTs. https://twitter.com/CoinbaseWallet/status/1598354820905197576
  98. AI already took over art. Now it also owns essay/article writing. https://twitter.com/corry_wang/status/1598176074604507136
  99. AI is even passable at writing scene dialogue at this point. https://twitter.com/pmarca/status/1598413401705021440
  100. SBF has a very serious problem in the FTX terms of service. https://twitter.com/attorneyjeremy1/status/1597556116212576257
  101. SBF appeared in a chaotic twitter space today and was quickly called out by another very large exchange operator listening in who pointed out the “fraud”. https://twitter.com/jespow/status/1598444611177189376
  102. Looks like people snapped up all 500 free Cardano Island Land Bots in 7 minutes. https://twitter.com/VirtuaMetaverse/status/1598366294042083329

~Army of Spies


AI Crypto Write-up of 2022. Thoughts?

Cryptocurrency has come a long way since its beginnings in the early 2000s. In the past decade, the world has seen a massive surge in its use and popularity, with more and more people becoming aware of the potential that cryptocurrencies have to offer. As we’re now in 2022, let’s take a look back at the major crypto trends of the past year, and what we can expect in the coming year.

Crypto Trends of 2022 As the cryptocurrency industry matures, an increasing number of financial institutions are beginning to accept cryptocurrency as a payment method. This is a testament to its growing trustworthiness, and promises further advancement in the digital currency sector. Accepting crypto payments has become an attractive option for many financial institutions due to its convenience and security. This is a great step forward for the industry as it continues to increase in acceptance across the globe.

The use of blockchain technology and crypto currency has seen a surge in recent years, with more projects being developed every day. In 2022, we can anticipate an even higher rate of growth due to DeFi (decentralized finance) projects utilizing smart contracts. Smart contracts are code programs that automate certain processes, allowing for improved trust and transparency for cryptocurrency users. This is expected to give rise to a more secure financial infrastructure built on blockchain technology. The increased use of smart contracts as part of DeFi projects will no doubt open up new avenues for making digital transactions easier and more efficient than ever before.

Additionally, crypto currency is moving into the mainstream with increased regulatory scrutiny. This will not only lead to increased trust in financial institutions but also an increase in compliance solutions for crypto businesses which are expected to come into being. With more and more people looking towards investing in digital currency, it is evident that governments around the world are taking this new form of payment seriously.

A Review of Notable Events in the Crypto Scene In 2009, Bitcoin revolutionized the financial world when it was launched as the first decentralized digital currency. In its wake, many other crypto currencies have since been developed such as Ethereum. While Bitcoin and all crypto currencies are subject to volatility and regulatory risks, they offer a convenient payment solution for people all over the world.

The price of Bitcoin and other cryptocurrencies experienced an explosive increase in 2017, creating numerous new opportunities for investment. It was a remarkable year that saw tremendous growth in the crypto currency market. Many people took advantage of this surge to expand their portfolios, while others sought to create their own currencies with the potential to increase in value over time. The emergence of these digital currencies heralds a revolutionary financial system which will shape our economic future for years to come.

Besides Ethereum, other crypto currencies saw an increase in adoption in 2020 as well. Many investors looked to crypto currency as an alternative to traditional forms of money due to its stability and decentralization. Furthermore, crypto currencies provide users with more control over their assets and are usually more secure than traditional currency options. As more people become comfortable with utilizing digital currency, the use of crypto currency will only continue to grow in 2021 and beyond.

What to Expect in the Coming Year The recent surge in popularity of crypto currency, such as coins, has lead to more businesses considering it as a payment option. We can expect to see an increased acceptance of coins as a form of payment in companies around the world. As this movement continues and grows, business owners have the opportunity to tap into a larger market and drive new customers with the option to pay with crypto currency.

Regulatory agencies are taking a proactive approach to the large cryptocurrency market and its tremendous growth, by focusing on making sure that these processes abide by existing laws. This will help ensure that the currency markets are stable and secure, while offering protection to investors. In addition, this focus on regulation could further open up opportunities for additional investment in the crypto-currency space.

Thus, the emergence of more stablecoins, backed by fiat currencies such as Ethereum, could provide stability and wider acceptance of crypto currencies. This marks a significant development in crypto currency as it allows for greater potential for widespread use and security against fluctuations in the market.

Assessing Market Volatility and Regulations Bitcoin and other crypto currencies are becoming increasingly popular for trading and investing, but these digital assets can be highly volatile. This means that not only can their value go up significantly over time, it could also drop quickly. As such, individuals should weigh the risks involved with this type of investment before deciding whether or not they want to take part in it. That being said, the potential rewards can be worth the risk for those who understand the market and know how to move quickly when necessary.

Investing in crypto currency is a complex and rapidly changing landscape, so it’s important to stay informed on current regulations and monitor market trends closely. Being aware of the risks and potential rewards of investing in crypto currency can help you make an educated decision about whether it is a good fit for your portfolio. Knowing the most up-to-date policies, such as taxation and legal stances on cryptocurrencies, can help protect you from unexpected surprises that may arise from owning this type of asset.

Besides diversifying crypto investments to reduce risk, another important factor to consider when investing in crypto currencies is the type of coins one should choose. The market is full of different types of coins, each with its own features and associated risks. It is essential to research each coin thoroughly before investing money into it. While some crypto coins carry greater risks than others, allocating funds across multiple coins can further reduce exposure and be beneficial for long-term investment strategies.

How to Prepare for Potential Opportunities It is essential to do research on the cryptocurrency market and individual coins before considering investment opportunities. Understanding the potential of these digital assets is a key factor in determining whether or not to invest. It involves a thorough overview of the current value, trends, as well as potential risks associated with each coin. Through detailed assessment and analysis of the data available, you can gain valuable insight into this rapidly evolving market.

In today's rapidly-evolving Crypto Market, it has become more important than ever to ensure that your investments are well diversified across multiple currencies. By developing a well-rounded portfolio and spreading your investments out, you are better protected in the event of any potential losses due to market fluctuation. This is especially true given the fact that certain crypto currencies may outperform others at certain points in time. It is critical that investors both understand the risks involved and take steps to protect their portfolios by diversifying appropriately across different types of currency.

In conclusion, investing in cryptocurrencies like Ethereum can be quite risky due to their highly volatile nature. That being said, by staying up-to-date with the latest news and developments in the crypto currency space, investors are better equipped to make informed decisions when it comes to investing in cryptocurrencies like Ethereum.

Investment Strategies for Best Results When researching crypto currencies, it is important to take time and explore the different coins that are available. Each coin has its own unique qualities, benefits and potential to increase in value over time. It is a good idea to study the market and analyze each type of coin before investing money into them. Doing your own research will help you gain better knowledge on which coins have the most potential for growth.

When investing in crypto currency, it is important to diversify your portfolio in order to reduce risk exposure. Keeping an eye on the current market and understanding the different types of cryptocurrency available can help you make wise decisions. Crypto currency investments can be volatile, so developing a diversified portfolio will spread out your risk and give you access to a wide range of investment opportunities within the crypto market.

Finally, it's worth considering setting up an automatic investment plan for Ethereum and other cryptocurrencies. By doing this, you can monitor prices and buy or sell tokens when the prices are most favorable according to your financial strategy. With automated investments into crypto currency portfolios, traders can take advantage of their volatile market conditions to maximize profits.

To Conclude In conclusion, it’s clear that cryptocurrency is here to stay and its use will only continue to grow in the coming years. We’ve seen the major crypto trends of the past year, and with the introduction of new technologies like blockchain-based payment systems, it’s likely that we can expect more adoption of cryptocurrencies in everyday life. Despite the setbacks and downturns the cryptocurrency market has gone through in the past, the future looks bright for those who are investing in and embracing these technologies.


[Sun, Dec 04 2022] TL;DR — Crypto news you missed in the last 24 hours on Reddit

r/Bitcoin

Stay healthy all

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CFTC chair Behnam agrees with SEC chair Gensler that Bitcoin is the only cryptocurrency that should be viewed as a commodity

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'The Drought' Is Coming.

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r/ethereum

9.88 ETH stolen from metamask

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For god’s sake, buy a hardware wallet already

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How can soul bound tokens (SBT) be used in the medical field?

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r/CryptoCurrency

Coinbase CEO Brian Armstrong says it’s ‘baffling’ FTX’s Sam Bankman-Fried isn’t ‘in custody already’

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We are experiencing one of of the biggest miner capitulations right now as the electricity bill for many miners is now higher than their profits.

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Why the Media Makes Musk a Villain but Lets SBF Off Easy

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r/btc

Reuters: Genesis lost over $175m on FTX & lent $575M USD to their parent company Grayscale who gambled it on Bitcoin and are down 50%. Now they are planning on declaring bankruptcy to avoid repaying the funds lent to them. Crypto lenders are the yield.

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When OPENAI was asked how to destroy crypto one of the steps was to "actively sabotage the development and growth of new cryptocurrencies, hindering their ability to gain traction and compete with established cryptocurrencies". This is what we are up against.

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CAUTION: Unknown miners are dominating BCH hash rate, mining 88% of BCH blocks in the past hours (but still at normal speed!)

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r/SatoshiStreetBets

Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009

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The future of ETH POW: POWR UP | Virtual ETH mining backed by a $6M LP Pool

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The FTX collapse continues to unfold, BlockFi announces bankruptcy filing and Kraken settles a sanctions breach: Hodler’s Digest, Nov. 27 – Dec. 3

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r/CryptoMarkets

Corrupt governments and failed economies is where crypto is most useful. This fact alone shows the advantages we can gain from it

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Was grayscale's bitcoin trust a financially engineered leveraged ponzi?

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The Coming Web3 Digital Asset Revolution, By Sandy Kaul, SVP, Digital Assets and Industry Advisory Services, Franklin Templeton. GLTA!!!

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r/CryptoCurrencies


r/CoinBase

High US Crypto Trade Coinbase Provides Three Extra Below-the-Radar Altcoins to Its Itemizing Roadmap

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Have available BTC balance but when trying to send to Trezor, it says I have 0

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Advanced Trade's Depth Chart and Trade History Are Huge Downgrades

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r/binance

When looking at 9000 BSC projects on Telegram over 12 months, 183203 investors listed their phone numbers - top countries by country code.

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Toolbar Favorites on Binance TradingView Desktop Display

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Why I'm punished when tx is cancelled due to the vendor's fault?

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r/solana

SOL with 96.1% buy on CB.. closest one is LTC with 95.8… everyone else in top 20 is high 80s, low 90s

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Big Whale of Solana

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We are about to increase de DCSP Nakamoto coefficient to 3.

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r/cosmosnetwork

Need Advice Juno , Cosmos 50:50

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It’s possible to see solana and Btc?

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r/algorand

Learn Algorand Smart Contracts in 1 week in the Milano/Lugano area

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Tomorrow AlgorandACE - ACE-BRAIN will hold its kick-off event at the European Parliament, hosted by Eva Kaili, Vice President of the European Parliament. Silvio Micali will also speak there

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Possible/best earnings using my Algos

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r/cardano

ADA is growing strongly, did you know?

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Algorithm Stablecoins Success Will See Nations Drop Fiat Currencies

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Decentralized Microblogging

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r/Monero

I'm a Bitcoin maxi with a soft spot for Monero. I value privacy a lot. Can you point me to some books and answer some questions?

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P2Pool v2.6 is out NOW with important enhancements that affect XMR rewards, upgrade ASAP!

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I had a conversation on Bitcoin vs Monero with OpenAI's Chatbot

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r/NFT

CN Tower; listed and available for sale. Join us at opensea ,don't be late.

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Ak Ultra is my favorite NFT. What’s yours? Drop it 👇

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How do I add value to my NFT collection?

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[Sun, Dec 04 2022] TL;DR — This is the top investing content you missed in the last 24 hours on Reddit

r/stocks

Apple has accelerated plans to shift some of its production outside China Company News

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So will Jumia become the “Amazon” of Africa? Or is it a pump and dump Ponzi scheme?

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Amazon’s cloud unit faces cost-sensitive customers as economic fears mount

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r/StockMarket

On my way to buy some crypto.. Meme

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Apple Makes Plans to Move Production Out of China News

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The 10Y minus 3M Inversion is the Lowest going back into the 1980s. Technical Analysis

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r/investing

Apple to move production out of China. Misleading or Incorrect Title

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Looking for biotech ETF that is not heavy in medical "red" biotechnology

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Maxing out Roth IRA- enough to retire at 60?

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r/trakstocks

Helping clients learn the ins and outs of blockchain: The Crypto Company (OTC: $CRCW) DD (New Claims/Info)

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r/UndervaluedStonks


r/wallstreetbets

Apple makes plans to move production out of China News

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How would you tell her? Meme

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Bottom is in confirmed Meme

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r/market_sentiment

Fees - Advice from the mystery guy

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r/options

Using 1 or 0dte Spy puts and calls around volatile events like FOMC and CPI data releases?

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Timing of closing 1-0DTE SPX?

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Trading Edge

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r/pennystocks

Daily Plays December 04, 2022 Megathread

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Senate aims to attach major marijuana legislation to end-of-year ‘must-pass’ bills: report The measure is reportedly receiving bipartisan support in the Senate :Bolt2: Catalyst :bolt:

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MICT BUYBACK LOOMING: $300m in cash. Last Price $1.15 :Bagger: Bullish :Bullish:

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r/SecurityAnalysis

Novem Group (Hidden IPO, OEM Supplier, Stalwart, 8% Yield) Long Thesis

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r/Biotechplays

AVXL Successful Phase 2b/3 Trial Results News

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r/algotrading

Quantitative Portfolio Management Books Career

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Reinforcement learning? Strategy

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How would i go about automating trading from a tradingview strategy/pinescript? Strategy

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r/Forex

Anyone consistently & profitably using Sierra charts? Can’t find good reliable source(s) on how to systematically use them. Charts and Setups

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Micro-Trading Strategy? Questions

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Can someone explain the news move yesterday? Questions

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r/RobinHood

Most anticipated earnings releases for the week beginning December 5th, 2022 Shitpost

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r/CryptoMarkets

Was grayscale's bitcoin trust a financially engineered leveraged ponzi?

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Corrupt governments and failed economies is where crypto is most useful. This fact alone shows the advantages we can gain from it FUNDAMENTALS

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The Real Lessons of FTX’s Failure Are to Be Found in Effective Altruism. A movement which Sam Bankman-Fried claimed promptly to build a character to better deceive his world. DISCUSSION

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Bitcoin is such a fyckin cult

Like fr. These guys have no clue wtf they are talking about all the time and all of them have the same pre scripted lines they use in arguments.

Like they keep repeating the bullshir about bitcoin is an inflation hedge, bitcoin is a store of value blah blah blah. And here we are in peak inflation and bitcoin obviously is just another speculative asset closely correlated with the S&P500 and the Nasdaq100.

Then these cultists just shift the goal post and change the time parameter like "bitcoin is an inflation hedge in the long term". Oh ok. No time frame. Just "one day in the future".

"But bitcoin isn't about the price" some of them will tell you. Even Saifedean Ammous the author of the Bitcoin standard admits that if the price goes to low, it has an adverse effect on mining incentives and makes Bitcoin less secure.

And besides that Bitcoin is only about the fiat price. Stop bullshitting. We're all here for number go up.

And then they go on about Bitcoin being a currency. Bitcoin is too volatile to be a currency. Stop the bullshir fr. These guys believe in some great event called Hyperbitcoinization that will happen where all the world's governments will end fiat and only use Bitcoin. That will never happen. There's no reason to believe that Bitcoin won't continue being a volatile asset that moves in tandem with the stock market.

It's always the same old stupid narratives with these guys "inflation bad. guvmint print moneys and devalue may moneys" i remember I once asked someone in a bitcoin chatroom to steel man the case for inflation. The bastard moderator banned me for being too disruptive lmao. Those assholes have no clue how the economy works. They just live in their dumb little bitcoin fantasy bubble where they think bitcoin wil solve all the world's problems.

They make all these claims about bitcoin but at the end of the day it's just a speculative asset correlated to the stock market. Sure, it has a limited supply and a pretty predictable rate of issuance and it's verifiable scarce and secure because of the massive amount of energy it guzzles. That's it. That's all it has going for it. And yes, you can think of it as some kind of a digital gold analogue. But that's it.

Stop with the bullshir claims about apolitical money and "bitcoin is the silent protest". "Bitcoin is the revolution" nonsense.

Another hilarious thing is how censored the Bitcoin subreddit is. All the cultists will often swear allegiance and repeat the same maxi talking points about "all altcoins are scams" and "proof of work is the holy grail".

Also there's a disturbing overlap between how many of them are climate skeptics and also antivax. Also they love guns and many of them are qanon people as well.

I'm buying bitcoin because my thesis is that the fanaticism of this cult will never end. They will always be able to recruit newer cultists with their libertarian ideology.


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