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Do you think that cryptocurrency is changing the world?
-Yes, we do. With all of the skeptics out there, it’s easy to lose focus on what really matters: the impact we are making on the world is by building this industry.
If you still need a reason to believe, look no further. Get inspired by the reasons we at Everus believe in crypto.
Cryptocurrencies were not just born out of economic necessity. It has its own ideologies and reasons that have deep roots in this space. Most of the early users have recognized that on a basic level, we were in need of a smarter form of money. Bitcoin (BTC) was identified as a tool that could be a cross-border currency, create cheaper transactions and increase ease of use in exchanging value.
If you’ve spent any time on crypto Reddit or Twitter, or at meetups and events, you know what we mean. Of course, this society or the community can be divided, but it’s also filled with some of the brightest minds in technology and economics. The crypto world is filled with smart, quirky, hilarious, and passionate people who have created a culture unlike anything the world has ever seen.
Click here for more.
Crypto and blockchain technologies have the ability to improve more than just the world of finance. Everything from transport to supply chain to healthcare and real estate and education, are within its reach. Check out Inc.com’s article to know more on industries that may be interrupted by cryptocurrency in the future.
Crypto has faced rebound over the years. This industry as a whole has fought to cast off a bad reputation and struggled its way to help the world understand the positive nature that such an fiscal phenomenon can be. Over and over, cryptocurrency has shown that it’s here to stay, and personally, we can’t wait to see where it will go.
Although people claim to, nobody really knows where the crypto space will take us. Read more on the article where our attention was attracted.
“To pin the future of blockchain on any one currency, let alone the initial one, means limiting blockchain potential; a potential that once scaled promises to have an unequaled impact on our day-to-day lives. And that really is the stuff of stars.”
-Olawale Daniel
We must build long-lasting, efficient technology that makes it clear to the world in a very simple way how remarkable the advancements of the crypto world are.
Do you believe in crypto? Join us to upgrade the world to a better financial network.
[Today's Hot Tips]
1. [Central Bank: Unswervingly promote the application of cryptography in financial field]
The official public number of the People's Bank of China published the article "Learning Cryptography Law and Building a Strong Line of Defense" on April 15, emphasizing that finance is an important core competitiveness of the country. Cryptography is a key technology and effective way to ensure the security of financial networks, promote financial communication, strengthen financial supervision, and support financial innovation. Cryptography is widely used in the financial field, such as "digital signature" escort credit card consumption, commercial passwords to help online bank transfers.
2020 is the first year of implementation of the "Cryptography Law of the People's Republic of China" and the 90th anniversary of the creation of cryptography. The People's Bank of China put forward six requirements: 1. Resolutely implement and improve the position: Unswervingly promote the application of cryptography in the financial field, and implement various deployments; 2. Planning and lead strategic integration: strengthen top-level design and communication and coordination to form a development plan that guides the application of cryptography; 3. Adapt to the situation and drive innovation: adhere to the problem orientation, promote the integration of the innovation chain, industrial chain and value chain, and implement the cryptography priority development strategy; 4. Comprehensive implementation of classified policies: build a cryptography support system for financial infrastructure and expand the applications of cryptography in the financial field; 5. Strengthen evaluation according to law management: strengthen the formulation of policies and standards for the applications of cryptography in the financial field, and do a good job in evaluating the security of applications of cryptography; 6. Coordinate and promote the formation of synergy: promote the comprehensive and standardized application of cryptography in the financial field, and establish and improve the network cryptography security system in the financial field.
2. [Evans in Fed: The Fed is working on digital currencies]
Evans in Fed: The Fed is working on digital currencies. Personally, I do not completely believe in digital currency.
3. [The minister of Ministry of Science and Technology: Strengthen participation in legislative research in the field of blockchain and guide the formulation of relevant global governance rules]
On April 15, Wang Zhigang, the minister of Ministry of Science and Technology and Secretary of Party Committee, published a signed article "Strengthening Independent Innovation, Strengthening Science and Technology Security, and Providing Strong Science and Technology Support for Maintaining and Shaping National Security" in the People's Daily. The article stated that the rapid development of science and technology poses new challenges to technological security. Among them, blockchain, big data, cloud computing, etc. have brought great challenges to information security, network security, and financial security. The misuse and abuse of technology pose a potential threat to social public interests and national security. The government and social governance are facing new challenge. The article proposes to strengthen the construction of scientific and technological safety laws and regulations. This includes strengthening legislation research in emerging areas such as unmanned driving and blockchain, actively promoting international dialogues on safety and risk management in technology areas of common concern, and participating in and guiding the formulation of relevant global governance rules.
4. [World Bank discusses DLT and fintech in depth to achieve financial inclusion]
According to cointelegraph, in a new study, the World Bank once again emphasized the potential of blockchain for financial inclusion. The World Bank Group about "Payment aspects of financial inclusion in the fintech era" of new report of Bank for International Settlements released on April 14 , Which outlines a large number of concepts related to encryption and blockchain, such as stable currency and central bank digital currency (CBDC).
In this 70-page report, the World Bank provides a detailed overview of certain technological advances that are considered most relevant to payment, and describes their applications and related risks.
[Today's market analysis]
Bitcoin (BTC)BTC has risen slightly since the early hours of this morning, and it rose to a maximum of 6890 USDT at about 1 o'clock, and then retreated slightly. It fell to 6835 USDT at about 4:30, and it is now oscillating within a narrow range around 6870 USDT. Most mainstream currencies followed the consolidation and fell slightly after rising in the early hours. BTC is currently reported at 6888.05 USDT at LOEx Global, with a 0.23% decline in the day.
It oscillates between the support level and the pressure level. The price closes between the pressure level and the support level. The price rises slightly, the price is neutral, and the short-term price trend is downward and then biased towards neutral. If prices continue to rise today, the price trend will rise from falling to neutral. However, it is limited to short-term fast-in and fast-out. The mid and long-term expectations are yet to be seen.
U. S. stocks rebounded more than 500 points last night, and the gains are okay. In fact, from the news side, there are several reasons. First of all, the epidemic situation has actually slowed down. Whether it is the United States or the main epidemic countries in Europe, it is a very good phenomenon. Of course, there are still two large population countries continue to increase, namely Russia and India. Yesterday Putin also said that their situation is getting worse, and India will not talk about it. Compared with this novel coronavirus, their remaining infectious diseases are numerous and there is a trend of group immunization (personal guess).
There are also rumors that the Agricultural Bank of China is conducting internal tests on the central bank's digital currency DCEP wallet on the evening of April 14. If it is true, it will be a major benefit, but it is only a rumor. It is inevitable that many parties deliberately released a news war and will track whether the message surface is confirmed.
Operation suggestions:
Support level: the first support level is 6619 points, the second support level is 6658 integers;
Resistance level: the first resistance level is 7009 points, the second resistance level is 7100 points.
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