Crypto Ocean

2023-05-18 15:01:34 Solana blockchain is actively developing, despite all the Fud.

Against the backdrop of growing commissions in BTC and ETH networks, Solana and Polygon blockchains are hugely popular.

The average daily number of new addresses on SOL rose to a yearly high. On Monday, 304,640 new wallets were registered on the blockchain. Previously, such a powerful surge in address activity was observed in June 2022

The situation is similar on the Polygon blockchain

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2023-05-15 17:21:07 TOP-15 PROJECTS WHICH PRICE IS BELOW 0.5X ICO/IEO/IDO PRICE

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2023-05-15 15:17:00 The perfect strategy for how to "shave a hamster"
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We all know that big players in the market (whales) like to conduct certain operations to make money while trapping ordinary users (hamsters). So how does this happen?

Here's an example on meme-coin Pepe:

Pepe is listed on Binance while the token is at its highest values. For what purpose?

Need the volumes so the big guys can unload their bags (sell the Pepe tokens they have). On other exchanges they simply would not have enough liquidity to sell. And listing on Binance immediately generates a lot of noise, thus attracting a large amount of liquidity.

At the same time futures are launched.

A futures is a contract in which the seller undertakes to deliver the underlying asset to the buyer at an agreed price and at a specified time in the future and the buyer is obliged to buy back the subject of the transaction.

Now turn on the visualization and your imagination. And also imagine this profit from the following actions:

Whales go into futures and get into shorts with leverage.

Go into Binance and sell their Pepe bags on the spot.

What we gain?

Simultaneously open shorts and simultaneously dumping their huge bags. It's scary to imagine what the profits could be.

dump their bags;
made a profit on the short.

So you understand, right? A man simultaneously dumping his spot and simultaneously pushing his price into a profit on the short.

How genius! That's it.

Put if you want to make such schemes, too

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2023-05-15 11:46:08 With every halving, less and less BTC is created, and with every US Fed meeting, more and more dollars is being created

Anyone here can help me figure out the match behind this ? - The tweet states.

Do you believe that BTC will be worth $100,000 or more?

Yes -
No -

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2023-05-14 18:12:01 How would your capital change if you invested $1 in BTC every day for 5 years instead of keeping it in a bank account

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2023-05-14 15:01:33 A selection of useful services for working with crypto

1. Dexscreener and Poocoin - analytics on various shields that are traded on DEX, along with their charts and analysis.

2. Marketcapof - estimating the value of a token while
capitalization of another.

3. BlockchainCenter - altseason index.

4. Gastracker - gas tracker on air.

5. Alternative - Fear and Greed Index.

6. Defillama - DeFi market analytics.

7. Token Unlocks and Vestlab - token unlocks.

8. Coindar - crypto events calendar.

9. CryptoBubbles - changes of coins price in bubbles.

10. Dune - onchain metrics, you can find out the number of transactions in new blockchain projects.

11. Cryptorank - similar to CoinMarketCar but with more functions, you can monitor ICOs, IDOs etc.

Everyone should know about these services, they help save your time.

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2023-05-14 12:01:13 Crypto exchanges: What is a DEX?

In our previous post, we told you about centralized exchanges, or CEXs. Today, we’ll discuss platforms that truly adhere to the original tenets of blockchain technology.

Decentralized exchanges (DEXs) are crypto exchanges that operate on blockchain technology without a centralized entity in control. In other words, DEXs have zero control over your crypto — they’re basically an interface to interact with your coins and tokens.

Advantages of DEXs:

A high level of security and protection from hacks and scams. No one will hack your account because DEXs don’t force you to create one!
The user has complete control over their funds and assets. Only you manage your crypto; the DEX only “helps” users exchange it.
No withdrawal restrictions.

Disadvantages of DEXs:

Transactions are processed more slowly compared to on a CEX. (For regular users, it’s acceptable, but it isn’t for traders.)
DEXs offer fewer cryptocurrencies and trading pairs than CEXs. (Sometimes, DEXs list coins that aren’t on CEXs.)
DEXs are usually more challenging to use. (But you’ll get the hang of it after your first try anyway.)
You can’t buy cryptocurrencies with fiat money. DEXs only allow one-for-one crypto swaps.

Who would find a DEX useful?

True cypherpunks
People who want 100% control of their crypto.
People who don’t want to reveal their identities to an exchange.
People who want better trading conditions and low transaction fees.

Conclusion: Which one should you use, DEX or CEX?

The good news here is that you don’t need to choose one over the other. Each exchange is well-equipped to execute its duties.

If you’ve never bought crypto before and have no issues showing your passport to complete KYC, a CEX will be an excellent place to start

Conversely, if you value anonymity and want complete control of your assets, your only option is to use a DEX

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2023-05-13 17:03:00 The bitcoin network has only stopped twice in its history, and that was in 2010 and 2013

Statistically, the bitcoin blockchain is one of the most reliable computer networks in the world

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2023-05-13 15:20:48 Crypto exchanges: What is a CEX?

When trading cryptocurrencies, you can use two kinds of exchanges: a decentralized exchange (DEX) or a centralized exchange (CEX). We’ll go over the differences with you today.

CEXs are the most convenient and popular way to buy, sell, and trade cryptocurrencies.

Advantages of CEXs:

High order-processing speeds (transactions are near-instant).
A wide range of cryptocurrencies and trading pairs.
User-friendly interfaces.
Some of them are “foolproof,” meaning if you’ve sent crypto to the wrong address, the platform might be able to help you recover your funds.
Buying crypto with fiat currencies.

Disadvantages of CEXs:

They’re vulnerable to hacks and scams. Hackers could gain access to your account and steal all your crypto.
High transaction fees (not always, but it’s common).
Withdrawal restrictions and completing Know Your Customer, which is the process of presenting your ID documents to the exchange before it lets you use the platform.
An alarmingly low level of storage security for your crypto; your coins are in the exchange’s possession, akin to having your money at a bank.

Who would find a CEX useful?

People who want a convenient and quick way of buying, selling, and trading cryptocurrencies. CEXs are widely used among traders and crypto beginners.
People with no interest in taking the time to learn the intricacies of decentralized finance, or DeFi.

Meanwhile, it’s strongly recommended not to use CEXs for long-term crypto storage. Advanced crypto users are well aware of this and have become comfortable using DEXs and decentralized wallets.

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2023-05-13 11:37:59 Crypto-regulation around the world - degree of cryptocurrency authorization in countries

Crypto is banned
Crypto is allowed with restrictions
Crypto is allowed

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