What Is BITCOIN CASH ??

When a popular Neo-Nazi webcomic made this pro-Bitcoin comic in December 2017, Bitcoin was at $19,650. It crashed almost immediately after this comic came out, leading me to make this image on the one-year anniversary of this comic

Bitcoin then became mega-popular, and I got a lot of Bitcoiners sending me smug asks. 

Today, Bitcoin fell below $19,650 again, having lost 70% of its value since November, so I get to make an updated graphic

If seeing that bubble comic made you buy bitcoin and you HODLed for five years, you’ve lost money.

NFT bro

Unveiling the Top 20 DeFi Projects Dominating the Market.

In this comprehensive exploration, we delve into the top 20 DeFi projects based on market capitalization, highlighting their unique features, contributions, and impact on the burgeoning decentralized financial landscape.

Fire faucet is one of the best automatic faucet systems, claim many different free coins, do simple tasks and play games or take surveys to earn big amounts of crypto.

One of the best faucet systems, visit daily to get bonus coins.

Join - https://moneylinks.me/firefaucet

Finder's Experts Predict Dogecoin Will Reach $0.16 This Year, Panelist Says ‘Luster Will Wear Off as Meme Coins Lack True Utility’ – Markets and Prices Bitcoin News

Finder’s Experts Predict Dogecoin Will Reach $0.16 This Year, Panelist Says ‘Luster Will Wear Off as Meme Coins Lack True Utility’ – Markets and Prices Bitcoin News

उत्पाद तुलना मंच के पैनलिस्ट फाइंडर की डॉगकोइन मूल्य भविष्यवाणी रिपोर्ट का कहना है कि लोकप्रिय मेम-आधारित क्रिप्टोक्यूरेंसी 2022 में $0.163 प्रति यूनिट तक पहुंच जाएगी। डॉगकोइन की अनुमानित कीमत के बारे में फाइंडर का हालिया सर्वेक्षण 33 विशेषज्ञों का लाभ उठाता है और 2025 तक, पैनलिस्टों का कहना है कि डॉगकोइन के $ 0.316 तक पहुंचने की उम्मीद है। प्रति यूनिट। फाइंडर की डॉगकोइन भविष्यवाणी रिपोर्ट जुलाई…

View On WordPress

https://coinmystique.com/what-are-the-greatest-choices-for-ethereum-staking-after-shapella/?feed_id=9829&_unique_id=652bae5b8f529

The Ethereum Shanghai (Shapella) improve, a big occasion in Ethereum’s timeline, has set in movement waves of change inside the Ethereum neighborhood and the broader blockchain area. This improve, carried out on April twelfth, has ushered in vital transformations, particularly relating to staking – a elementary community safety and operational effectivity course of.Inside this information, we navigate the repercussions of the Ethereum Shanghai improve, notably inside the context of Ethereum staking providers. We discover the trajectory of staking in Ethereum, the position fulfilled by staking providers, and the ramifications of Shapella on their pertinence. As we navigate these nuances, we ponder if Shapella’s developments place Ethereum staking providers at a crossroads – a juncture the place their position is redefined amidst enhanced flexibility for validators.The Ethereum Shanghai Improve: A Sport-ChangerAt its core, the Ethereum Shanghai improve embodies a complete transformation pushed by Ethereum Enchancment Proposals (EIPs). These proposals intention to refine Ethereum’s efficiency, effectivity, and person expertise, however one specific EIP instructions the highlight – EIP-4895.EIP-4895: Empowering Validators and LiquidityCentral to the Ethereum Shanghai improve is integrating EIP-4895, a proposal with wide-ranging implications for Ethereum’s staking ecosystem. Earlier than Shapella, validators sought to safe the community and play an important position in consensus. Nevertheless, this course of got here with a limitation – staked ETH remained locked and inaccessible for withdrawals.EIP-4895, the standout characteristic of this improve, introduces a mechanism enabling validators to unlock and withdraw their staked ETH. This transformation marks a seismic shift in Ethereum’s staking panorama, permitting validators to entry liquidity tied to their staked holdings. Validators who as soon as dedicated ETH as a mark of dedication now benefit from the flexibility to harness the rewards of their dedication whereas sustaining the autonomy to handle their monetary wants.The Ethereum Shanghai improve reshapes the narrative surrounding Ethereum staking. Within the pre-Shapella period, staking was an act of allegiance, aligning assets with the community’s safety and progress. Validators willingly staked 32 ETH or extra, envisioning Ethereum’s future promise.Nevertheless, the Shapella improve redefines this narrative. The locked staking mannequin that symbolized dedication now embraces adaptability. Validators are not sure by the prolonged dedication of their staked ETH. As a substitute, they acquire newfound management over their property, unlocking the liquidity of their staked holdings for utilization as wanted.Understanding Ethereum StakingEthereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) by The Merge ushered in a paradigm shift in blockchain innovation. Anchored inside this transformation lies the precept of Ethereum staking – a course of that empowers customers to partake in community safety and consensus actively and, in flip, reap deserving rewards.Staking holds a central position inside PoS-based blockchains like Ethereum. In contrast to energy-intensive mining in PoW networks, PoS leans on validators to validate transactions. These validators are key in proposing and endorsing blocks, thus shaping community consensus and seamless performance.Staking Ethereum metamorphoses you right into a validator – a pivotal node within the community structure. Validators shoulder a number of essential duties:Transaction Consolidation: Validators pool transactions into recent blocks, heightening community efficacy.Knowledge Preservation: Validators retailer blockchain knowledge, guaranteeing its continuous accessibility to community individuals.Block Validation: Validators suggest new blocks and authenticate transactions, upholding the integrity and legitimacy of every transaction.Staking serves as a dual-purpose motion – augmenting community safety whereas inviting rewards. By committing a sure ETH quantity, validators exhibit their dedication to the community’s security. The collective stake’s magnitude makes it progressively more durable for ill-intentioned actors to regulate the community, thus solidifying Ethereum’s immunity to potential threats.A well-recognized time period resonating in Ethereum’s staking realm is the “32 ETH threshold.” Validators should stake a minimal of 32 ETH to affix the ranks of block validators. This prerequisite diligently discourages community centralization, fostering a various array of validators.Ethereum staking isn’t solely a safety contribution – it’s additionally a gateway to earnings. Validators garner rewards for his or her involvement in block validation and transaction processing. These rewards usually materialize as extra ETH tokens, rendering staking a compelling avenue for Ethereum holders.Whereas staking beckons potential rewards, it’s prudent to acknowledge the dedication it includes. Validators should guarantee constant on-line presence, as downtimes might result in penalties. Moreover, the staking area isn’t confined to technical facets alone – it encompasses financial deliberations, understanding market dynamics, and aligning staking methods with particular person monetary aspirations.Navigating Staking Providers: A Important PerspectiveStaking providers floor as an answer tailor-made for these intrigued by Ethereum staking but discouraged by the intricacies. These providers current an accessible route, enabling customers to stake their ETH property whereas entrusting operational complexities to service suppliers. The enchantment lies within the seamless course of – customers can partake in staking with out requiring an intensive technical grasp, successfully bridging the hole to Ethereum’s rewards.Range in Staking ProvidersStaking providers proffer various avenues, catering to different person inclinations:Impartial Dwelling Staking:Requisites: Minimal 32 ETH.Benefits: Autonomy, maximal rewards, devoid of intermediaries.This strategy entails customers independently managing their validator nodes. It confers absolute sway over staked property and ensuing rewards, augmenting community distribution. Whereas some technical aptitude is useful, user-friendly instruments facilitate the endeavor.Managed Staking Providers:Requisites: Minimal 32 ETH.Benefits: Delegate hardware maintenance and retain rewards.Managed staking empowers customers to delegate validator operations to service suppliers. The supplier oversees technicalities whereas customers savor staking rewards. Notably, customers typically retain validator keys, tempering reliance on belief.Collaborative Pooled Staking:Requisites: Any ETH quantum.Benefits: Flexibility in stake quantity, rewards accrual, user-friendliness.Pooled staking resonates with customers holding various ETH volumes. Members contribute to a communal pool, and rewards get disbursed proportionately. This strategy eases the method for sub-32 ETH holders, streamlining staking.Alternate-Facilitated Staking:Requisites: ETH residing on change platforms.Benefits: Minimal involvement, easy yield.Many exchanges lengthen staking choices for customers holding ETH on their platforms. Whereas handy, this path centralizes staking authority, introducing community decentralization and safety issues.Shapella’s Impression on Staking ProvidersThe Ethereum Shanghai (Shapella) improve set off a sequence response throughout the Ethereum ecosystem, igniting shifts inside the realm of staking providers. With validators now granted the ability to unlock their staked ETH, the traditional panorama of managed staking providers is present process a seismic transformation. This part delves into the multifaceted influence of Shapella’s implementation, scrutinizing its ramifications on the material of staking providers and its resonance amongst Ethereum stakeholders. The Daybreak of a New Paradigm: Liquidity and AgilityCentral to Shapella’s reverberations is the infusion of newfound liquidity into the tapestry of Ethereum staking. Beforehand sure by commitments to stake their ETH sans entry to their capital, validators have gained the power to liberate and retrieve their staked property. This revolution unfurls a recent narrative the place validators can not entry rewards and staked ETH on their phrases. This transformative wave cascades into the staking providers area, eliciting a complete reconsideration of their standing on this quickly evolving backdrop.Managed Staking Providers in MetamorphosisAs soon as envoys of simplicity, managed staking providers at the moment are grappling with the contours of a brand new actuality. The emergence of validators’ direct capacity to unlock their staked ETH underscores a paradigm shift. Managed staking platforms’ age-old stronghold – provisioning liquidity for staked ETH – has encountered a seismic recalibration. On this recalibrated panorama, managed staking providers should redefine their worth proposition within the face of an altered establishment.An Adapting Worth PropositionAs Shapella reshapes horizons, the worth proposition upheld by managed staking providers necessitates a recalibration. The fluidity of staked ETH is not their unique forte. These providers should amplify their enchantment by spotlighting elements past liquidity. Operational seamlessness, fortified safety, and elevated help mechanisms emerge as pivotal sides. Managed staking providers will morph into holistic facilitators of the staking expertise, transcending their typical position.Pooled Staking: Sustaining RelevanceOn this tectonic terrain of change, pooled staking sustains its area of interest relevance. Whereas particular person validators wield the capability to unlock their staked ETH independently, pooled staking retains its attract for customers with sub-32 ETH holdings. The lure of uncomplicated participation and accessible entry to Ethereum staking lingers, making pooled staking a viable alternative for these navigating these transformative currents.The Way forward for Staking ProvidersWithin the wake of the Ethereum Shanghai (Shapella) improve, the contours of the staking panorama are present process a tectonic shift. As Ethereum’s stakeholders embrace the newfound entry to staked ETH, the realm of staking providers stands on the precipice of transformation, poised to redefine its position inside the ecosystem. This part casts a discerning gaze into the horizon, unveiling the potential trajectory of staking providers within the post-Shapella period.The Rebirth of Managed StakingShapella’s reverberations beckon managed staking providers to embark on a profound journey of reinvention. Their conventional stronghold – liquidity provisioning – encounters a formidable problem as validators unlock their staked ETH straight. On this epoch, managed staking providers should metamorphose from mere liquidity suppliers to complete platforms that stretch holistic worth. This metamorphosis might entail fortified safety protocols, streamlined operational effectivity, and an entire suite of help providers.Pioneering Area of interest OptionsThe panorama post-Shapella might witness an emergence of tailor-made staking options catering to area of interest necessities. As Ethereum’s ecosystem matures, specialised staking providers focusing on particular person segments would possibly emerge. These bespoke choices might span from hyper-secure staking platforms to user-centric interfaces designed for entry-level lovers. The proliferation of such tailor-made staking providers might foster an inclusive ecosystem, catering adeptly to the multifaceted Ethereum stakeholder spectrum.Improvements Enriching Pooled StakingPooled staking, already favored amongst holders of modest ETH quantities, stands poised for transformative enhancements. Because the Ethereum ecosystem evolves, pooled staking platforms could introduce improvements that amplify their attract. Customizable reward constructions, enhanced person interfaces, and seamless integration with decentralized finance (DeFi) protocols might infuse pooled staking with renewed dynamism. Such improvements current an irresistible proposition for these searching for streamlined simplicity and effectivity.The Nexus of Staking and DeFiThe convergence of staking and the decentralized finance (DeFi) ecosystem holds the promise of sculpting the longer term visage of staking providers. In opposition to the colourful backdrop of Ethereum’s DeFi realm, envision staking providers seamlessly intertwining with yield farming, lending, and borrowing platforms. This symbiotic alliance might permit customers to optimize their property, producing supplemental worth past conventional staking rewards.ConclusionThe Ethereum Shanghai (Shapella) improve ushered in a part of transformation, adaptability, and recalibration. As Ethereum’s stakeholders navigate the post-Shapella horizon, the journey unfolds as one in every of strategic deliberation, evolution, and alignment with the ethos of the Ethereum ecosystem.From the early days of impartial residence staking to the emergence of managed providers and pooled staking, the terrain has steadily developed, shaping the ways of validators in safeguarding the community. Shapella has injected a recent dimension, unlocking staked ETH and welcoming validators to redefine their methods. The material of staking providers is evolving, transitioning from typical liquidity facilitation to encompassing a broader spectrum of choices.So, whether or not you stand as a solo validator carving an impartial path, an advocate of managed staking embracing a renaissance, an advocate of pooled staking searching for simplicity, or a visionary envisioning staking seamlessly intertwined with DeFi, your journey intertwines with Ethereum’s unfolding narrative. With Shapella because the catalytic power, the Ethereum neighborhood advances, etching its legacy into the annals of blockchain historical past.As Ethereum strides boldly ahead, embracing decentralization, safety, and inclusivity, the staking voyage stays a vibrant and indispensable chapter inside Ethereum’s grand saga.You may additionally wish to learn:Defi Plummets as ETH Staking GrowsCoinbase Pauses Staking in 4 StatesPotential Threats of ETH Staking on Consumer PrivatenessButerin’s Stance on ETH StakingIs Staking Authorized within the US?Supply: https://www.cryptopolitan.com/what-are-the-best-options-for-ethereum-staking-after-shapella/

Ethereum Foundation Sells 1,700 ETH for USDC

The Ethereum Foundation, a profit organization that supports Ethereum and its associated technology recently revealed that they sold 1,700 ETH in exchange for USD Coin (USDC). According to Scopescan a data provider the foundation converted approximately $2.76 million worth of ETH into USDC through an Uniswap transaction. This information has been confirmed by Arkham Intelligences data. CoinMarketCap shows a decrease in the value of Ethereum with a 0.56% decline in the last hour a 3.8% drop over the past day and a 6.66% decrease over the week. While it is not certain if this sale directly caused the price dip it is worth noting that Ethereums value continued to decline after the transaction took place. Many individuals on Twitter have expressed concerns about this move as it may be seen as a signal. Some question why the

Read more on Ethereum Foundation Sells 1,700 ETH for USDC

Biswap Exchange – DeFi Platform On Binance Smart Chain.

Biswap Exchange is the one of the most powerful defi platforms i have used so far.. it runs on Binance smart chain and offers a full suite of decentralized financial tools.

This system allows you to instantly and anonymously exchange cryptocurrencies using a meta mask wallet along with investing and staking coins on the platform to earn profits automatically, all interacting via smart contracts and all running anonymously.

Max Gustafson

* * * *

LETTERS FROM AN AMERICAN

March 12, 2023

Heather Cox Richardson

At 6:15 this evening, Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg announced that Secretary Yellen has signed off on measures to enable the FDIC to fully protect everyone who had money in Silicon Valley Bank, Santa Clara, California, and Signature Bank, New York. They will have access to all of their money starting Monday, March 13. None of the losses associated with this resolution, the statement said, “will be borne by the taxpayer.”

But, it continued, “Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.”

The statement ended by assuring Americans that “the U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.”

It’s been quite a weekend.

On Friday, Silicon Valley Bank (SVB) failed in the largest bank failure since 2008. At the end of December 2022, SVB appears to have had about $209 billion in total assets and about $175 billion in deposits. This made SVB the sixteenth largest bank in the U.S., big in its sector but small compared with the more than $3 trillion JPMorgan Chase. This is the first bank failure of the Biden presidency (while Donald Trump Jr. tweeted that he had not heard of any bank failures during his father’s presidency, there were sixteen, eight of which happened before the pandemic). In fact, generally, a few banks fail every year; it is an oddity that none failed in 2021 or 2022.

The failure of SVB created shock waves for three reasons. First, SVB was the major bank for technology start-ups, so it involved much of a single sector of the economy. Second, only about $8 billion of the $173 billion worth of deposits in SVB were less than the $250,000 that the FDIC insures, meaning that the companies who had made those deposits might not get their money back quickly and thus might not be able to make payrolls, sparking a larger crisis. Third, there was concern that the problems that plagued SVB might cause other banks to fail, as well.

What seems to have happened, though, appears to be specific to SVB. Bloomberg’s Matt Levine explained it most clearly:

As the bank for start-ups, which have a lot of cash from investors and the initial public offering of stock, SVB had lots of deposits. But start-up companies don’t need much in the way of loans because they’ve just gotten so much cash and they don’t yet have fixed assets. So, rather than balancing deposits with loans that fluctuate with interest rates and thus keep a bank on an even keel, SVB’s directors took a gamble that the Federal Reserve would not raise interest rates. They invested in long-term Treasury bonds that paid better interest rates than short-term securities. But when, in fact, interest rates went up, the value of those long-term bonds sank.  

For most banks, higher interest rates are good news because they can charge more for loans. But for SVB, they hurt.

Then, because SVB concentrated on start-ups, they had another problem. Start-ups are also hurt by rising interest rates because they tend to promise to deliver returns in the long term, which is fine so long as interest rates stay steadily low, as they have been now for years. But as interest rates go up, investors tend to like faster returns than most start-ups can deliver. They take their money to places that are going to see returns sooner. For SVB, that meant their depositors began to need some of that money they had dumped into the bank and started to withdraw their deposits.

So SVB sold securities at a loss to cover those deposits. Other investors panicked as they saw SVB selling at a loss and losing deposits, and they, too, started yanking their money out of the bank, collapsing it. Banks that have a more diverse client base are less likely to lose everyone all at once.

The FDIC took control of the bank on Friday. On Sunday, regulators also shut down Signature Bank, based in New York, which was a major bank for the cryptocurrency industry. Another crypto-friendly bank, Silvergate, failed last week.

Congress created the FDIC under the Banking Act of 1933 to restore trust in the American banking system after more than a third of U.S. banks failed after the Great Crash of 1929, sparking runs on banks as depositors rushed to take out their money whenever rumors suggested a bank was in trouble, thus causing more failures. The FDIC is an independent agency that insures deposits, examines and supervises banks to make sure they’re healthy, and manages the fallout when they’re not. The FDIC is backed by the full faith and credit of the government, but it is not funded by the government. Member banks pay insurance dues to cover bank failures, and when that isn’t enough money, the FDIC can borrow from the federal government or issue debt.

Over the weekend, the crisis at SVB became a larger argument over the role of government in the protection of the economy. Tech leaders took to social media to insist that the government must cover all the deposits in the failed bank, not just the ones covered under FDIC. They warned that the companies whose deposits were uninsured would fail, taking down the rest of the economy with them.

Others noted that the very men who were arguing the government should protect all the depositors’ money, not just that protected under the FDIC, have been vocal in opposing both government regulation of their industry and government relief for student loan debt, suggesting that they hate government action…except for themselves. They also pointed out that in 2018, under Trump, Congress weakened government regulations for banks like SVB and that SVB’s president had been a leading advocate for weakening those regulations. Had those regulations been in place, they argue, SVB would have remained solvent.

It appears that Yellen, Powell, and Gruenberg, in consultation with the president (as required), concluded that the collapse of SVB and Signature Bank was a systemic threat to the nation’s whole financial system, or perhaps they concluded that the panic over that collapse—which is a different thing than the collapse itself—was a threat to the nation’s financial system. They apparently decided to backstop the banks to prevent more damage. But they are eager to remind people that they are not using taxpayer money to shore up a poorly managed bank.

Right now, this appears to leave us with two takeaways. The Biden administration had been considering tightening the banking regulations that were loosened under Trump, and it seems likely that the need for the federal government to step in to protect the depositors at SVB and Signature Bank will make it much harder for those opposed to regulation to keep that from happening. There will likely be increased pressure on the Biden administration to guard against helping out the wealthy and corporations rather than ordinary Americans.

And, perhaps even more important, the weekend of panic and fear over the collapse of just one major bank should make it clear that the Republicans’ threat to default on the U.S. debt, thus pulling the rug out from under the entire U.S. economy unless they get their way, is simply unthinkable.

LETTERS FROM AN AMERICAN

HEATHER COX RICHARDSON