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The latest Messages 43
2022-07-25 07:15:07
The Big Influence of Global M2 Money Supply on Crypto Markets
In the early days, Bitcoin and crypto market cycles were largely influenced by halving events. These happen approximately every four years, or every 210,000 blocks, when the block reward for miners is halved. The next one is due on May 5, 2024, dropping the reward to 3.125 BTC from the current of 6.25 BTC.
However, there could be greater influences over Bitcoin and crypto markets in the form of the M2 money supply. This metric appears to be highly correlated with market movements over the past decade.The M2 money supply, also referred to as “M2 Money Stock,” is a measure of the amount of currency in circulation. It includes M1 money, which is physical cash and deposits, in addition to currency that is “less liquid,” such as bank savings accounts. M2 money supply growth rates have slumped this year as inflation has surged.
Source
@TradeCryptoNow
1 view04:15
2022-07-25 06:21:04
@Bitcoin_Crypto_Memes
1 view03:21
2022-07-25 05:12:02
GameStop is Selling an NFT Based on 9/11
GameStop is a known retailer of video games, accessories, and more, but for many years, former and current shoppers have been curious about its future. It’s no secret that the shift to digital games has impacted GameStop’s bottom line, and it has publicly been trying to recreate its brand/image for a couple of years now. It should be noted that this is not an open NFT platform, so not anyone can go on it and sell NFTs. GameStop has to approve each individual NFT creator following an application process. So, while GameStop may not be directly responsible for this 9/11 NFT.
NFTs | OpenSea | News
1 view02:12
2022-07-25 04:29:04
Facebook forsakes friends and family to compete with TikTok
Facebook announced Thursday it’s overhauling the design of its flagship social network by elevating content from creators over posts from friends and family in an effort to fend off intensifying competition for users’ attention from TikTok. Users who want to see the most recent posts from friends, family and favorite pages and groups will find them on a new “Feeds” tab.
Facebook, which last year renamed itself Meta, has been aggressively investing in its video products to compete for young users against ByteDance’s video-sharing app TikTok, which has become the world’s fastest-growing social media platform through its personalized delivery of short, engaging videos. Zuckerberg has said that investing in and figuring out how to make more money from its similar product, Reels, is a top priority for the company. Users will be able to create a Favorites list of people and groups they most want to see content from.
Source
@Twitter_Instagram_Tiktok
1 view01:29
2022-07-24 21:12:02
Coinbase Ventures Will Focus More on DeFi After a 34% Decline in Q2 Deals -Link
t.me/Binance_Coinbase_Bybit
2 views18:12
2022-07-24 20:09:02
Holding Stablecoins Was More Profitable Than Fiat in 2022: Report - Read Full News
@blockchain_updatez
2 views17:09
2022-07-24 18:15:05
DeFi Token Behind Curve Finance Jumps 21% Amid Stablecoin News
The news comes right after DeFi lender Aave announced plans for its GHO stablecoin earlier this month. Information is limited so far, but a post from Twitter user mrblocktw, who lists Curve Finance in his bio and also holds the “Curve Team” role in the project’s Discord, indicates that a stablecoin from the protocol is imminent.
Using LP positions as collateral should theoretically make liquidity more sticky on Curve, as an outstanding loan against an LP position would require users to pay down that loan before retrieving their collateral. After all, people use Maker partially so they don’t have to sell their ETH. In this case, people could borrow against their Curve LP positions so they can access liquidity without giving up that fee-generating collateral. Another potential advantage of a native stablecoin for Curve would be borrowing fees earned from it. This, too, would be similar to Maker.
Source
@Usdt_Usdc_Busd_Stablecoin
2 views15:15
2022-07-24 18:11:02
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery -Link
@Crypto_Ethereum_Bitcoin
2 views15:11
2022-07-24 17:40:09
Polygon’s MATIC Could Face a CorrectionPolygon looks primed for a retracement after soaring in market value over the past month. Still, there is a massive area of support that may help its price hold.Polygon appears to be preparing for a correction, but it has yet to break through a vital support cluster. MATIC has enjoyed a rally over the past month. It surged by more than 200%, rising from a low of $0.32 to hitting a high of $0.98 on July 18. Given the significance of the upswing, it appears that the token is now trading in overbought territory.
Source
https://t.me/Matic_Chainlink_Monero
2 views14:40
2022-07-24 17:30:37
Terra (LUNA) Collapse Predicted 4 Years AgoSeasoned Ethereum (ETH) developer, investor and advisor Mariano Conti, former Head of Smart Contracts at MakerDAO, recalled a discussion on Terra (LUNA) design flaws from April 2018 — and it looks absolutely visionary.Mr. Conti has taken to Twitter to share a statement by Cyrus Younessi, his colleague at MakerDAO. On April 20, 2018, Mr. Younessi slammed the architecture of Terra (LUNA) and its TerraUSD (UST) stablecoin.
Source
https://t.me/Terra_Luna_Tron
2 views14:30