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Fun and didactic posts about the universe of cryptocurrencies.

26/11/2023

Devaluation is one of the main attributes of a fiat currency, leaving its population poorer and increasing the state, with Russia under Putin's management it was no different, even "New World Order" cannot handle crypto appreciation.

26/10/2023

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.oficial

22/09/2023

Bitcoin cycle

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.oficial

06/09/2023

Many fail to grasp the enormity of it: the potential impact of a Bitcoin spot ETF could be revolutionary – just consider its effect on the world of gold.

It all began on November 18th, 2004, when State Street Corporation introduced the inaugural US spot ETF, SPDR Gold Shares (NYSE: GLD). Within a mere three days of its public debut, this fund skyrocketed past the $1 billion mark in assets.

This monumental moment ushered in an era of unleashed institutional investment. ETFs and mutual funds became vessels that attracted billions in capital, while the price of gold surged fourfold, adding an astounding $9 trillion to its market capitalization.

But hold on...

How did billions morph into trillions?

The secret lies in the nuanced dance of market dynamics.

The inflow of $1 billion does not simply translate into an additional $1 billion in market capitalization. Instead, the last equitable market price sets the baseline for each ounce of gold, and this equilibrium can undergo dramatic repricing when burgeoning demand collides with the unyielding scarcity of the precious metal.

Fast forward to May 2024, and we anticipate the next Bitcoin halving event, where rewards will shrink to 3.125 bitcoins per block. This will elevate Bitcoin's stock-to-flow ratio to around 120, placing it twice as scarce as gold and on par with the scarcity of real estate.

Significantly, this dovetails with the projected timeline for the introduction of a US Bitcoin spot ETF, which seems increasingly probable following a recent court decision.

The question that looms is this: can ETFs replicate for Bitcoin the transformative impact they had on gold?

17/08/2023

BitPay's recent announcement of **global support for XRP** has sent ripples through the cryptocurrency landscape. This strategic move represents a significant **milestone** in the journey toward broader **cryptocurrency adoption**. With the ability to seamlessly utilize XRP for transactions at a growing list of prominent merchants, BitPay users now have a powerful tool at their fingertips. This development comes on the heels of a favorable legal ruling for Ripple, adding to the momentum behind XRP's integration into mainstream commerce. As the cryptocurrency world continues to evolve, BitPay's embrace of XRP underscores its potential to reshape the way we engage in financial transactions.

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.oficial

08/08/2023

📈 BlackRock's creation of a Bitcoin ETF marks a significant turning point, illustrating the increasing acceptance of cryptocurrencies within mainstream finance. This move, backed by a major institutional player, showcases the evolving perception of Bitcoin's legitimacy and potential as a viable asset class. As the financial landscape undergoes this transformative shift, the question remains: Even after witnessing such developments, will you choose to remain on the sidelines, or will you seize the opportunity to be a part of this evolving narrative? The decision to engage with the world of cryptocurrencies is no longer confined to the realm of early adopters; it is a choice that resonates with the changing tides of the investment world.

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.oficial

04/08/2023

Comparing Fiat, Gold and Bitcoin

Value storage--
Fiat: Limited storage of value over time due to flu and gear changes.
Gold: Excellent storage of value over time due to stability and global acceptance.
Bitcoin: Potential as a store of value over time.

Portability and Accessibility--
Fiat: Highly portable and widely accessible in terms of global use.
Gold: Less portable due to physical weight and logistics, but still globally accepted.
Bitcoin: Extremely portable, digital and globally accessible with an internet connection.

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.oficial

26/07/2023

Dubbed "Institutional DeFi for Security Token," this project is set to facilitate secure and compliant transactions using security tokens. To achieve this, the initiative will leverage the Ethereum scaling network Polygon (MATIC) and the cryptocurrency custody platform Fireblocks.

Operating within the Milan Hub, the Bank of Italy's innovation center dedicated to fostering collaboration between academia, industry, and regulators, the platform's development will be spearheaded by Cetif Advisory. This consulting firm is affiliated with Milan Università Cattolica del Sacro Cuore and is partnering with other notable entities, including Polygon Labs, Fireblocks, Reply, Linklaters, and DVRS.

The primary objective of this platform is to create a sandbox environment where Italian banks, asset managers, and financial institutions can experiment with DeFi protocols and security tokens. These security tokens represent digital versions of real-world assets, such as stocks, bonds, or real estate.

The involvement of Intesa Sanpaolo, Italy's largest banking group with assets exceeding $1 trillion, adds even more significance to the project, highlighting the potential impact and importance of exploring DeFi and tokenized assets in the country's financial landscape.

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26/07/2023

A Dogecoin video artist recently collaborated on an animation for Twitter's rebranding to "X," which caught the attention of Elon Musk.

As a result of the excitement surrounding Elon Musk's involvement in Twitter's rebranding to "X," Dogecoin (DOGE) saw a 10% surge in its value on Tuesday.

Elon Musk shared a nine-second animated graphic of the new "X" logo on his Twitter, which was sourced from DogeDesigner, the UX/UI & Graphic Designer at Dogecoin & MyDoge Inc.

Notably, Musk also added the Dogecoin symbol next to the "X" logo in the location field of his Twitter bio.

The tweet posted by Musk at 12:32 pm on Tuesday caused DOGE's price to rise from $0.077 to $0.083 within a span of 2 hours. As of writing, the coin trades at $0.082, marking a 10% increase over the past 24 hours.

This is not the first time Musk's actions have influenced Dogecoin's price. In the past, similar events occurred when he integrated Dogecoin payments into Twitter or made promises related to the meme-inspired cryptocurrency.

Following the rebranding to "X," Musk indicated his intentions to develop the platform for comprehensive communication and financial capabilities, although no confirmation was given about crypto involvement.

It's worth noting that Musk's involvement in Dogecoin has had significant impacts on its price, leading some to accuse him of insider trading and manipulating the market with his statements and actions. Nevertheless, his public antics continue to draw attention to the cryptocurrency.

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25/07/2023

24/07/2023

Diversification in the crypto market is of utmost importance due to the inherent volatility and unpredictability of cryptocurrencies. By spreading investments across various digital assets, investors can effectively manage risk and protect their capital from significant losses. Each cryptocurrency carries its unique set of risks and potential rewards, and diversification allows investors to participate in multiple opportunities while reducing the impact of any individual asset's downturn. Additionally, it enables exposure to different blockchain projects and underlying technologies, increasing the chances of benefiting from the overall growth and maturation of the crypto ecosystem.

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22/07/2023

Halving in the context of cryptocurrency refers to a scheduled event in certain blockchain networks, such as Bitcoin, where the reward given to miners for validating and adding new blocks to the blockchain is cut in half. This reduction occurs at fixed intervals, typically every few years, and has the effect of slowing down the rate at which new coins or tokens are created and introduced into circulation. Halvings play a crucial role in the economic model of these cryptocurrencies by creating a deflationary mechanism, limiting the overall supply of coins over time, and potentially impacting the market dynamics and value of the digital asset.

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18/07/2023

The halving in Bitcoin is a programmed event that occurs approximately every four years, reducing the rate at which new Bitcoins are issued to miners by half. This event is beneficial because it promotes scarcity, making Bitcoin more valuable over time. With a limited supply and reduced inflation rate, the halving enhances Bitcoin's status as a deflationary asset. Additionally, the predictability of the halving allows for market participants to anticipate its occurrence and factor it into their investment decisions, fostering stability and long-term confidence in the Bitcoin ecosystem.

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16/07/2023

Bitcoin, the pioneering cryptocurrency born in 2009, brought forth a decentralized and transparent financial system through its underlying blockchain technology. With its limited supply and potential for financial freedom, Bitcoin has garnered a global community of users, investors, and innovators. However, challenges regarding scalability, energy consumption, and regulation persist, alongside its volatility and speculative nature. Nonetheless, Bitcoin's impact on the financial world is undeniable, sparking discussions about the future of money and driving innovation within the broader cryptocurrency ecosystem.

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