There was a time when FX investors were considered a select class who would spend significant time honing their skills, either utilizing specialized training methods or simply through numerous contacts. But if you look at them now, they are just ordinary self-taught investors.But nonetheless, to become proficient enough to know your way around this field, you will need some kind of social analysis skills to be able to take into account the numerous perceptions, knowledge and insights associated with professional traders. Therefore, the emergence of social media, especially Twitter and Facebook, has given rise to several social trading platforms and…
Author: Crypto Flexs
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A preview of the new Form 1099-DA, the tax form that cryptocurrency brokers will use to record transactions involving digital assets, has been made available by the Internal Revenue Service (IRS). This form was developed as part of the Internal Revenue Service’s (IRS) ongoing efforts to increase compliance and ensure that taxpayers appropriately report income from digital assets. Form 1099-DA is expected to be available in early 2025. Brokers are responsible for preparing this form for each client selling or trading digital assets. The form requires brokers to disclose certain information, which may include token…
Currently, Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is attracting attention. Injective 3.0, a proposed upgrade to the platform, aims to revolutionize token economics by introducing deflationary measures for INJ. This upgrade seeks to address token inflation, a common problem faced by many DeFi tokens, by implementing mechanisms to control the creation of new tokens and encourage users to stake their existing INJ holdings. Injective: Creating token scarcity One of the main goals of Injective 3.0 is to increase the scarcity of INJ tokens. By reducing the token creation rate and encouraging staking activity,…
Singapore, Singapore, April 18, 2024, Chainwire At the Dubai press conference, Aethir Edge debuted as the pioneering edge computing device and first certified miner from Aethir, one of the industry’s leading decentralized cloud computing infrastructure providers together with Qualcomm. This will allow users to mine 23% of the supply of $ATH, Aethir’s native token. Integrated with decentralized cloud networks to overcome centralized barriers, Aethir Edge combines unparalleled edge computing capabilities, decentralized access, and exclusive rewards. The future of distributed edge computing is here. Aethir presented Aethir Edge powered by Qualcomm technology at its official press conference held at Token 2049…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportWelcome to the fifth era of Bitcoin.A new era of digital scarcity has begun as network programs decline for newly minted Bitcoins. As clockwork Friday, the rewards miners earn for validating Bitcoin transactions have been cut in half for the fourth time since the blockchain’s launch.Bitcoin’s so-called halving occurred shortly after 8 PM ET on Friday. As a result, miners will earn 3.125 BTC per block created until sometime in…
Tether, the world’s largest stablecoin USDT issuer, has expanded its operating structure by adding four new strategic divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. It was posted on X that it had been reorganized. Tether has added four divisions, including Tether Data, Tether Finance, Tether Power, and Tether Edu. This development is part of Tether’s plan to expand beyond its stablecoin offering. USDT’s market capitalization is currently around $107 billion, well ahead of the second-largest stablecoin, USDC. Through its new venture, Tether aims to create a forward-thinking financial and technology ecosystem, promoting financial freedom, decentralization, and widespread…
Currently, Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is attracting attention. Injective 3.0, a proposed upgrade to the platform, aims to revolutionize token economics by introducing deflationary measures for INJ. This upgrade seeks to address token inflation, a common problem faced by many DeFi tokens, by implementing mechanisms to control the creation of new tokens and encourage users to stake their existing INJ holdings. Injective: Creating token scarcity One of the main goals of Injective 3.0 is to increase the scarcity of INJ tokens. By reducing the token creation rate and encouraging staking activity,…
Posted 1 minute ago In ~ Episode 21 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and HackVC Partner Roshun Patel.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Roshun Patel is a partner at HackVC, a Web3 venture capital firm.In this episode, Chaparro and Patel discuss recent cryptocurrency market volatility and the trends shaping the cryptocurrency venture capital landscape.outline 00:00 introduction 08:11 market volatility 25:57 Things to watch out for in the funding market …
Crypto analyst and trader is expressing negative sentiment towards Cardano (ADA). In a new video, the analyst, who goes by the pseudonym Credible Crypto, told his 48,700 YouTube subscribers that Cardano “doesn’t look cool” right now. Cardano faces further downside risks even after a more than 90% correction from its all-time high, according to Credible Crypto. “There is a valid point of view and I think it is quite possible that we would not necessarily have invested in Cardano.” An anonymous analyst says Cardano could fall between 57% and 74% to reach its downside target. “The thinking is that we…
Today, Bitcoin mining pool ViaBTC has officially mined 840,000 blocks. This not only marks the fourth Bitcoin halving, but also includes a block considered an “epic sat” by the Ordinals numbering system, the first satoshi. Bitcoin) of each halving era. Mempool Ordinals, the numbering scheme for Satoshi, has sparked controversy but has also created an emerging market since its launch. These satoshis can also be classified according to their rarity, with “Epic Satoshi” being one of the rarest. This is because it only occurs during each halving (every 210,00 blocks, or approximately every 4 years). This scarcity makes these satoshis…