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Showing posts with the label Crypto

Is Crypto a Bubble? Unpacking the Volatility and Future of Cryptocurrencies

In the ever-evolving world of finance, cryptocurrencies have emerged as both a groundbreaking innovation and a source of intense debate. The rapid ascent and subsequent fluctuations in the value of digital currencies like Bitcoin, Ethereum, and countless others have led many to question whether we are witnessing a cryptocurrency bubble. This article delves into the intricacies of the crypto market, exploring the characteristics that define a bubble, the unique aspects of cryptocurrency volatility, and the potential long-term viability of digital currencies. Website | Twitter | Telegram | Reddit | Discord

Do Members of U.S. Congress Own Crypto?

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  Crypto for Congress The past 1 year is the first time members of Congress entered the world of cryptocurrency. For representatives, 2021 will not only be the first year of legislative restraint on the cryptocurrency market, but also the first time cryptocurrencies have entered their portfolios. The average age of representatives of the 117th Congress is 58.4 years old, and the average age of senators is 64.3 years old. Although it looks older, judging from related news and disclosures, age has not become an obstacle for some of them to learn about the crypto world. A total of 6 members of Congress disclosed their involvement in cryptocurrency transactions in the filing records, including 4 members of the House of Representatives and 2 members of the senators, who are: Federal House of Representatives: Felix Barry Moore: Invested $45k in  ADA  and $15k in  ETH Mary Newman: Invested up to $50,000 in  GBTC Mark Green: About $15,000 to $30,000 were bought and sold...

How to Transfer Crypto from One Exchange to Another?

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  The first thing for a beginner who steps into the crypto world is to choose one exchange and buy crypto in that exchange. Also, most of the users are using centralized exchanges. Then, after buying crypto assets after a while, for some certain reason, we may need to use another exchange. So the problem is how to transfer crypto-assets between exchanges. This article will show you how to transfer crypto from one exchange to another and something that you should notice before transferring. Why Do People Transfer Crypto Between Exchanges? In general, people transfer crypto from one exchange to another for the following reasons: The legal issue, some exchanges may not be legal in a certain region. Newly cryptocurrency regulations launched in the region will affect the exchanges' operation, they may shut down in some countries or provide limited services. In this case, people may transfer crypto to another legal exchange. The coin/token you want to buy is only listed on the particular...

How to Borrow Crypto with DeFi?

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In the article " What is DeFi? ", we have explained the definition of DeFi and the application of DeFi. Now, this article will extend the topic of DeFi Borrowing and Lending. What is DeFi Lending? DeFi lending, or DeFi crypto loans, means people can borrow cryptocurrencies (generally stable coins or fiat) from a decentralized financial platform by locking crypto assets without intermediaries. In general, the interest rate is lower than a traditional financial platform. Meanwhile, the lender can gain interest(earn coins) when lending the crypto to the borrowers. How DeFi Lending Works? How to Borrow Crypto with DeFi? In the crypto world, new projects are launching every day, the crypto price may increase or decrease sharply. Some crypto investors are eager to take risks to invest in different kinds of projects. If they want to invest, cash flow is vital, so they will try to borrow money from a financial platform. However, some investors take a conservative strategy by holding ...