Bitcoin and Ethereum fell 4% on Tuesday as Harvest Finance (FARM) received a low-risk rating from Investors Observer.
FARM’s current risk score It reassures investors who want to avoid high-risk investments.
Bitcoin continues to be the most dominant cryptocurrency in the world, adding more than 70% to its value in 2021.
Coins traded at $ 32,000 per coin this year, surpassing $ 64,000 by April.
Despite the coin hits from May to September, Bitcoin recovered and reached a new high of $ 69,044 in November 2021.
Read the cryptocurrency live blog for the latest news and updates …
The amount to be traded is determined when Goxx goes through one of the two “decision tunnels”.
Depending on the tunnel he passes through, the amount he buys or sells cryptocurrencies varies by 20 euros.
All data is rigged to a computer that performs real-time transactions on behalf of Goxx.
Speaking of the BBC, two German men in their thirties behind Mr. Gox Cryptocurrency hamster He explained that the idea started as a joke.
“Everything has been getting expensive these days and I found it very difficult to pay high rents to build savings,” they said.
“Most people in our generation seem to think that unless they have a clue what’s going on there, they have no choice but to throw a lot of savings into the crypto market.
“We are our own Hamsters will be able to make smarter investment decisions Than us humans. “
Cryptographic trading hamsters, continued
Of course, the four-legged financial devil didn’t complete the deal himself.
Instead, Goxx’s deal decision was made within an “office” with a camera attached to his regular cage.
Every day, as he entered the office, a stream was started on Twitch and a tweet was sent to his followers announcing that the deal had started.
The hamster was then run on an “intention wheel” to select one of the 30 different cryptocurrencies to trade.
Cryptographic hamsters outperformed the market
A German hamsters previously traded in cryptocurrencies Consistently surpassed S & P500.
A furry animal called Goxx has been busy since June, thanks to a specially modified cage.
He decided which currency to buy or sell by running on his wheels or walking in one of the two tunnels.
Goxx opened trading on June 12, this year.
The site states that this page is for fun only and does not provide financial advice.
Cryptographic wealth and luxury
Cryptocurrency wealth has led to a new generation of high-end consumers in the United States, Markets Insider..
The press pointed out a report from investment bank Jeffreys. Cryptography Prize money for expensive jewelry, apparel and accessories.
This group of people under the age of 35 is increasingly buying artwork such as irreplaceable tokens (“NFT), In addition to luxury brands.
Chinese consumers remain a major force in luxury spending around the world, but reports show that American buyers are set to push luxury goods sales beyond pre-pandemic levels.
What is the Metaverse?Continue
Andrew Bosworth, the VR boss of Meta, said: Metaverse Is a set of virtual 3D spaces where you can share immersive experiences with each other when you can’t stay together. “
“What comes after the internet? Instead of looking at the screen, you can participate in the experience.
“You don’t have to experience it in VR. Most people initially experience it on a screen they already have.”
FacebookMark Zuckerberg called it the “next version of the Internet” and predicted that the true Metaverse would be ready within 10 years.
What is the Metaverse?
In the metaverse Broad definition.. It’s the internet, but because it’s immersive, you live in it.
Platforms include games, social networks, video, shopping, health, fitness and more.
What are Altcoins, continued
Simon Peters, a crypto asset analyst at eToro, said:
“Altcoins are very different from use cases and real-world applications. They usually have the form of technology that underpins or provides liquidity solutions to products and services.”
What are Altcoins?
Altcoin stands for Alternate Coin, a type of cryptocurrency that uses the so-called blockchain to enable secure transactions.
Altcoin is a cryptocurrency category Over 900 different altcoins are available, not the currency itself.
Alexis Ohanian of Vitalik Buterin, co-founder of Ethereum, concludes
“I’ve never been so excited about the possibilities of the Internet,” Ohanian said. Added..
“And that’s mainly thanks to Vitalik Buterin.”
Buterin is a co-founder of Ethereum and co-founded Bitcoin Magazine in 2011.
Alexis Ohanian of Vitalik Buterin, co-founder of Ethereum,continuation
“No one would have come up with all the uses of Ethereum, but it took one thought to get started,” Ohanian added about Buterin.
“From there, a new world was opened and new ways of leveraging blockchain technology were born. I invested in some of them.”
“Whether Sorare was a startup that reinvented fantasy sports or Rainbow users show off their NFT collection, this wouldn’t have existed without Vitalik’s creation.”
Alexis Ohanian of Vitalik Buterin, co-founder of Ethereum
“Thanks to Reddit’s r / Ethereum community, I was able to follow Vitalik Buterin’s career early on, so I’m proud to see his legacy grow. ” Ohanian wrote about programmers..
“Sure, we can talk about the value he created as a co-founder of the platform, which includes Ethereum’s impressive $ 400 billion market capitalization, the dazzling world of decentralized apps, this year. This includes the boom in NFT trading. “
“But what makes Vitalik special is that he is a builder builder.”
What is a digital wallet? Continue
Like other cryptocurrencies, people can buy and sell Libra in exchange for traditional currencies.
Facebook said its alternative currency will pave the way for smoother transactions and payments online.
However, the project faced regulatory resistance to security and reliability concerns.
In December 2020, Libra changed its name to Diem and moved its business from Switzerland to the United States as part of a “strategic shift.”
What is a digital wallet?
A digital wallet is a gadget or software that securely stores your payment information and passwords for various payment methods.
This allows users to store cryptocurrencies, make online or in-store purchases, and track their finances.
Facebook said it will be introduced in 2019 Cryptocurrency At that time it was called Libra.
The tech giant said he wanted to create a separate cryptocurrency system to make cross-border payments easier for users.
Robin Hood is preparing to launch a cryptocurrency wallet
Robin Hood announced a new partnership with the blockchain data analytics platform prior to planning Cryptocurrency Launch of wallet.
Robinhood uses Chainalysis’s data, analytics, and software to meet compliance requirements and provide secure cryptographic transactions. Motley Fool report.
This partnership precedes the launch of Robinhood’s cryptocurrency wallet scheduled for 2022.
According to The Motley Fool, more than 1.6 million people are on the waiting list for new features.
Robin Hood Risk, Part 2
When investing in individual stocks, check company reports, Securities and Exchange Commission (SEC) filings, broker notes, and press releases to help you make the best decisions for your money.
Another risk when choosing Robin hood Along with other brokers, they can limit trading when there is anomalous activity.
Robin Hood Risk
When it comes to risk, investing alone is one thing, as it is not guaranteed to generate profits and can reduce the value of your assets.
Cryptocurrencies are not only difficult to understand, but even more difficult to predict when bearish trends in the market will occur.
For example, Elon Musk is Tesla Stop accepting Bitcoin payments..
Can Robin Hood exchange ciphers?
Unlike most of its discount rivals, Robin Hood offers 24/7 crypto trading Through that platform.
The crypto investor can buy and sell on market orders. That is, it runs at the current market price.
What is Robinhood?Continue
Unlike many discount brokers, the company does not offer a personal severance pay account.
Most of Robin Hood’s revenue comes from the order flow.
What is Robinhood?
The Robin Hood Platform acts as a discount broker offering fee-free transactions.
Specifically, users can trade exchange-traded funds (ETFs), individual stocks (including American Depositary Receipts), and options.
Robin Hood’s stock can also be traded, thanks to Robin Hood’s recent listing at a valuation of $ 1.2 billion.
China’s crackdown “big opportunity” for the United States
Chinese The crackdown on cryptocurrency transactions is “a big opportunity for the United States,” said Pat Toomey, a top Republican member of the Senate Banking Commission.
This is because the US Securities and Exchange Commission has lobbied for more regulation on cryptocurrencies.
China’s crackdown on crypto
Although it is illegal to create and trade crypto China Since 2019, further crackdowns by Beijing this year have warned banks to suspend related transactions and closed much of the country’s vast network. Bitcoin Miner.
Earlier statements by the central bank sent the strongest signal ever that China was closed to cryptocurrencies.
Chinese statement, continued
Bitcoin, The world’s largest digital currencies, and other cryptocurrencies are difficult to regulate because they cannot be tracked by the country’s central bank.
Crypto crackdown opens the door for China to introduce its own Digital currency, This is already underway and will allow the central government to monitor transactions.