Self-determination – Los Angeles crypto artwork “opens doors” for children

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Former MLB player Micah Johnson raises donations for children with his crypto artwork.

An interactive crypto artwork of former professional athlete Micah Johnson, who was in the American Baseball League MLB in the Tampa Bay Rays under contract, on a large display board in Los Angeles issued

The crypto work of art is entitled „ˈsä-v (ə-) rən-tē“, which is phonetic transcription for the English word „Sovereignty“ and in this context means something like „self-determination“. It depicts two African-American children confronting an astronaut who personifies the hopes and career aspirations of the two.

However, there is a closed door between them, which opens a little wider every year on the children’s birthdays , while the children come closer and closer to the door. However, the progress of this approach depends on the amount of The News Spy platform donated by the owners of an associated crypto token. This so-called non-fungible token also depicts the work of art, which means that its owners have partial ownership of the crypto work of art.

The collected donations are in turn stored in a hardware wallet and passed on to the two children on their 18th birthday

The billboard with the digital image is on one side of the Courtyard Marriot Hotel on West Olympic Boulevard in Los Angeles. The exhibition period extends from December 7th to January 10th, 2021.

Jacquelin Napal, the operator of the exhibiting art gallery, explains that the public presentation intends to preserve the population’s access to art in times of the corona crisis:

“Everyone should have the opportunity to experience art and culture. We hope that with an inspiring work of art like ˈsä-v (ə-) rən-tē we can give people some distraction during this difficult time. “
Last month, the art value was sold for more than $ 120,000 on the blockchain platform Async Art . The amount raised is a new record for an NFT artwork.

In addition, the crypto work of art won the prize for the best NFT of 2020 at the “NFT Awards” just this week.

Lo Studio di Capitale Intellettuale chiama XRP una delle attività più intriganti di Crypto

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L’azienda di gestione del rischio quotata in borsa FRMO Corp. sta sostenendo la causa di XRP.

Nella sua ultima lettera agli azionisti, la società delinea la sua posizione rialzista sui mercati cripto e in particolare delinea l’XRP come un’attività digitale unica nel suo genere per il fatto che non è estratta e che è di natura deflazionistica.

L „XRP, di per sé, è una delle valute più intriganti, in quanto è esplicitamente deflazionistica. C’è un modesto costo per le transazioni in XRP, che in realtà non viene pagato a nessun intermediario. Il compenso, che è una frazione molto piccola di una unità di XRP e che viene utilizzato per proteggere la rete, viene semplicemente distrutto. Pertanto, il numero di unità di XRP è in costante diminuzione“.

L’XRP ha una fornitura totale di 100 miliardi di monete, e ogni volta che viene inviata una transazione XRP, 0,00001 XRP viene bruciato. L’azienda dice che questo potrebbe diventare un fattore nella proposta di valore di XRP se la moneta è ampiamente adottata nel mainstream.

„Se la velocità di transazione dell’XRP dovesse aumentare notevolmente, il numero di unità monetarie diminuirebbe notevolmente, creando così un ritorno sostanziale anche se la moneta stessa non subisse un aumento della capitalizzazione di mercato. Tuttavia, essa sperimenterebbe un aumento di valore per unità“.

FRMO afferma che i suoi investimenti in partnership private ora detengono posizioni in Bitcoin e molti dei primi 10 maggiori asset cripto per capitalizzazione di mercato.

L’azienda sta anche estraendo Ethereum (ETH), Ethereum Classic (ETC), Zcash (ZEC), Litecoin (LTC) e Bitcoin Cash (BCH).

Bitcoin (BTC) and these 7 Altcoins are the top crypto currencies for 2021 according to well-known crypto traders

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Crypto dealer Aaron Arnold, known under the pseudonym Altcoin Daily, reveals eight crypto currencies that he believes have massive growth potential for 2021.

Not surprisingly, Bitcoin is at the forefront of this development. Interesting are however surely the 7 Altcoins, which decorate beside BTC its Portfolio for the coming year 2021.

Arnold informed his 283,000 subscribers that Bitcoin (BTC) is his first choice for the new year. He refers to an interview in which Daniel Schulman, PayPal’s managing director, describes how Bitcoin is just beginning to gain acceptance among merchants.

I think with crypto currencies you will have more and more benefits. One of the things we have allowed is not only that we make it easy to buy, sell, and hold crypto-currencies, but, very importantly, we will allow crypto-currencies to be a source of financing for every transaction that occurs at all 28 million of our merchants early next year.

Polkadot (DOT) is the second choice

The crypto vendor points out that the next-generation block chain protocol, which enables interoperability, is the most popular network to stake out. Token owners have deposited $3 billion in Polkadot’s validators to provide a passive income opportunity. Arnold also notes that the Polkadot ecosystem continues to grow in the areas of distributed financial applications (DeFi), non-fungible tokens (NFTs) and bridges for interoperability.

In third place is Ethereum (ETH). Arnold expects that the leading smart contract platform will continue to grow with the introduction of ETH 2.0, which promises a new era of staking and scalability.

The decentralized financial darling yearn.finance (YFI) comes in fourth place. Arnold refers to Yearn Improvement Proposal 54 (YIP-54) as a possible catalyst for YFI. With the upgrade, quarterly audits will be conducted to make the management of YFI more transparent. It also enables the creation of an operational fund to buy back YFI tokens and other assets.

Cardano will soon implement 2 major updates

Cardano (ADA) took fifth place. The influencer believes that the eighth largest crypto currency is preparing to introduce two major upgrades, one of which is the highly anticipated release of Yella.

Also known as IELE, Yella is a virtual machine (VM) and can be used by developers to create DApps in any popular programming software and, once completed, convert and run them with Yella…

He continued:

It also supports Solidity, Ethereum’s native programming language, Yella will be the perfect component to convert DApps from Ethereum to Cardano… Earlier, when the CEO of IOHK (Input Output Hong Kong) compared Ethereum’s virtual machine to Yella, he said that the latter would make Ethereum’s virtual machine ‚look like a toy.

Ripple’s XRP is also set to play a bigger role

The number six is XRP. Arnold stresses that he is not personally invested in the third largest crypto currency, but he says Ripple is pushing to make the XRP ledger a fundamental component of the central bank’s digital currency movement.

According to Brad Garlinghouse, CEO of Ripple, they want central banks to consider using the XRP ledger to issue stablecoins… Ripple wants to be part of the action.

His last two Altcoins are Synthetix (SNX) and Chainlink (LINK). Arnold highlights the fact that crypto platforms are converging to allow users to trade real assets such as oil in a decentralized manner.

sOIL is a synthetic asset that reflects the price movements of oil using a decentralized Chainlink oracle network… It is available on the Synthetix Exchange and can be traded for any synth with unlimited liquidity and zero slippage.

Chinese digital currency is supposed to prevent the „dollarization“ of its own economy

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Chinese digital currency is supposed to prevent the „dollarization“ of its own economy
The former governor of China’s central bank explains the intentions behind the country’s planned digital currency.

The Chinese digital currency is intended to strengthen domestic payment transactions and at the same time prevent the “dollarization” of its own economy, as a former central banker in the country now reveals

Zhou Xiaochuan, the president of the Chinese Finance Association and the former governor of the Chinese Central Bank (PBoC), made the relevant statements at the Eurasia Conference on October 27th. He explained that the approach of the Chinese digital currency is fundamentally different from the approach of the G7 countries, i.e. Canada, France, Germany, Italy, Japan, Great Britain and the USA.

According to Xiaochuan, the G7 intend with their planned digital currencies above all to „meet the challenges that have arisen from Libra, Bitcoin Storm and similar crypto projects“, while China’s central bank wants to use its own digital currency mainly to improve payment transactions in the domestic economy to prevent the US dollar from gaining importance in the country.

„In China we are working very hard on our DCEP, which is our digital currency, and electronic payments,“ said Xiaochuan at the conference. To which he added: „However, we set our focus differently than the G7 countries.“

And further:

“We have to prevent dollarization. This is one of the fundamental points in the design of our Chinese digital currency. “

The other economic powers of the world are indeed setting their priorities differently, and are primarily concerned with the planned launch of the Facebook cryptocurrency Libra. They even see it as a threat to the global financial system, which is why the G7 members issued a joint statement on October 12, in which they announced that they would prevent any global stablecoin that is not adequately regulated.

The Canadian central bank is therefore already working on its own central bank digital currency (CBDC), which should be ready if Libra is ultimately pushed forward. Tiff Macklem, the Governor of the Bank of Canada, believes that a “coordinated global” strategy is needed to prevent criminals from misusing digital currencies.

China has already launched a pilot program for the digital yuan that distributed $ 1.5 million in funds to 47,500 people in Shenzhen city. Although the Chinese CBDC has not yet been officially published, the country’s central bank has already tabled a bill to pave the way for digital currency.

Po zainwestowaniu 425 milionów dolarów w Bitcoin Michael Saylor mówi, że rzecznicy Ethereum, Ripple, Chainlink, EOS i Tron potrzebują nowej strategii

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Dyrektor generalny firmy MicroStrategy, która niedawno zainwestowała 425 milionów dolarów w Bitcoin (BTC), mówi, że inwestorzy altcoinowi powinni przemyśleć swoją strategię, jeśli chcą, aby rynek kryptowalut osiągnął swój pełny potencjał.

W nowym wywiadzie dla podcastu What Bitcoin Did Michael Saylor mówi, że inwestorzy w aktywa kryptograficzne, takie jak Ethereum i XRP, powinni wspierać Bitcoin zamiast patrzeć na rynek kryptowalut jako pole bitwy

„Cała społeczność kryptowalut spędza dużo czasu na rozmowach o altcoinach kontra Bitcoin i kłótniach między nimi. Ale to, co powinni zrobić, to rozmawiać o alternatywnych aktywach w porównaniu z Bitcoinem i powinni powiedzieć, że zmienność Bitcoin Circuit w porównaniu do srebra lub złota spada. Lub też zmienność Bitcoina w porównaniu do akcji Apple ma tendencję spadkową. Właściwie mogę znaleźć wskaźniki zmienności Bitcoina w porównaniu z Tron. Ale to trochę żart.

Ponieważ 300 bilionów dolarów nie wybiera między Tronem a Bitcoinem. 300 bilionów dolarów, które, nawiasem mówiąc, stanowią 99,9% całego bogactwa i władzy na świecie, więc wszystkie pieniądze, cała władza, nie są w stawie. Jeśli chcesz, aby cała branża odniosła sukces, nawet jeśli jesteś osobą Ethereum – jeśli jesteś Tron, Ethereum, EOS, Chainlink, Tether, Ripple, kimkolwiek jesteś – każdy z nich ma żywotny interes w wyrzeźbieniu kanał między kryptowalutą a oceanem aktywów, a następnie otrzymanie 10 bilionów dolarów, które wpłyną do tego stawu, bramą do tego będzie Bitcoin. Jedynym sposobem, w jaki ktoś może przenieść pieniądze ze złota, srebra, akcji, indeksów, obligacji, nieruchomości do kryptowalut, jest najpierw za pośrednictwem Bitcoin. ”

Saylor uważa, że jednym z głównych przypadków użycia Bitcoina jest ochrona ludzi, gdy ich waluta załamuje się. Mówi, że duże akcje, takie jak Amazon, bledną w porównaniu

„Ludzie w Afryce Subsaharyjskiej nie mogą kupować akcji Apple i przekazywać ich swoim bliskim, aby uniknąć bicia na śmierć przez upadającą walutę, prawda. I to jest różnica. Nikt nie kupi rachunku. Nie kupią sztabek złota. Nie zamierzają kupować nieruchomości, aby uniknąć załamania waluty i zubożenia lub śmierci z głodu. Ale tak naprawdę, prawdziwą wiadomością z wczoraj, o której pisałem na Twitterze, było to, że Bitcoin osiągnął najwyższy poziom w historii w Turcji, co ma znaczenie dla 90 milionów ludzi.

Na Medium pojawiła się niesamowita historia o pozostałych 19 krajach, w których waluty również upadają, więc kiedy ludzie zaczynają myśleć o inwestycji, która zmieni życie miliarda ludzi… zaczynają dostrzegać zasadniczą różnicę między kupowaniem Akcje Amazon i kupowanie Bitcoinów, ponieważ akcje Amazon nie rozwiążą problemu miliarda ludzi na świecie. ”

Bitcoin et les principaux Altcoins détiennent un soutien clé de la tendance haussière

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Le prix du Bitcoin a fortement baissé, mais il est resté au-dessus du support de 11250 USD.

Ethereum consolide ses pertes au-dessus de 365 USD, le XRP baisse.

FIL a coupé plus de 50% de ses gains, LEND est en baisse de près de 17%

Plus tôt dans la journée, nous avons assisté à une forte réaction baissière de la résistance de 11 550 USD. Le BTC a diminué de plus de 2% et a même grimpé en dessous de 11350 USD. Cependant, le prix est resté bien enchère au-dessus de 11 250 USD, et il tente actuellement (13h00 UTC) une correction à la hausse vers 11 420 USD et 11 450 USD.

En outre, il y a eu des mouvements baissiers dans la plupart des principaux altcoins, y compris ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash et ADA. L’ETH / USD a baissé en dessous de 375 USD et a du mal à rester au-dessus de 370 USD. Le XRP / USD a baissé après s’être stabilisé en dessous de 0,250 USD et il semble que les baissiers envisagent un test de 0,240 USD.

Capitalisation boursière totale

Après une forte réaction baissière de 11550 USD, le prix du bitcoin a trouvé un support proche du niveau de 11250 USD. La BTC se remet actuellement à la hausse et s’échange près de 11350 USD. La première résistance est proche du niveau de 11420 USD, suivie de 11450 USD. La principale résistance est toujours proche des niveaux de 11 500 USD et 11 550 USD.

À la baisse, les 11 300 USD constituent un support décent, suivis de 11 250 USD. Le principal support est proche de 11 200 USD, en dessous duquel il existe un risque de forte baisse.

Le prix Ethereum a prolongé sa baisse sous les niveaux de 375 USD et 372 USD. L’ETH a même du mal à rester au-dessus de 368 USD. Il pourrait continuer à baisser, mais le principal support de tendance haussière à 365 USD pourrait agir comme une zone d’achat forte.

À la hausse, le prix est confronté à de nombreux obstacles, à commencer par 375 USD. La principale résistance se forme désormais près du niveau de 380 USD (la récente zone de rupture).

Bitcoin cash, chainlink et prix XRP

Le prix au comptant du Bitcoin n’a pas réussi à effacer la résistance de 265 USD et a réagi à la baisse similaire à Bitcoin et à l’éther. Le BCH est en baisse de 2% et se négocie maintenant en dessous de 260 USD. Le prochain support majeur est proche de 250 USD. À la hausse, le prix pourrait avoir des difficultés près de 262 USD et 265 USD.

Chainlink (LINK) est en baisse et il a cassé les 10,50 USD soutien. Le prix a testé le niveau de 10,25 USD et il corrige actuellement à la hausse. Le cours se négocie dans une zone baissière, et une clôture au-dessus des niveaux de 10,80 et 11,00 USD pourrait ouvrir les portes à une augmentation décente. Sinon, le prix pourrait tester le support de 10 USD.

Prix ​​XRPa chuté sous le support de 0,245 USD et a même prolongé sa glissade sous le niveau de 0,242 USD. Un support immédiat est proche du niveau de 0,240 USD, en dessous duquel il existe un risque d’une baisse plus importante vers le support de 0,235 USD. À la hausse, le niveau de 0,250 USD est un obstacle majeur pour les haussiers.

Bloomberg: Biden’s choice would be good for Bitcoin, bad for DeFi

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The Biden administration may not have the same „hands-off“ approach to regulating cryptosystems, Bloomberg argues.

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Bloomberg: Biden’s choice would be good for Bitcoin, bad for DeFiNOTICIAS

Bloomberg’s latest crypto bulletin argues that the election of Joe Biden as US president would bring greater widespread adoption of Bitcoin (BTC), including possible approval of exchange-traded funds. In addition, it referred to the policies of President Donald Trump’s administration regarding crypto currencies as „hands free:

„A possible presidency of Joe Biden should lead to a greater appreciation in the price of Bitcoin, in our opinion. The new leadership can change the Trump administration’s policy of non-intervention, to the detriment of the wider crypt market, and push the first-born benchmark into the mainstream, improving the chances of an ETF“.
Considering that yesterday the Justice Department released its 70 page „Cryptocurrency: An Enforcement Framework“, the bulletin was probably written before that.

The author claims that the same forces would hinder DeFi’s growth. Both conclusions are based on the assumption that a „democratic sweep“ would potentially allow greater regulatory clarity for crypto space. DeFi space has skyrocketed this year in a completely unregulated environment. It is no coincidence that the perpetrators behind the KuCoin hack have been laundering their illicit profits through the largest decentralised exchange, Uniswap.

Bloomberg says that regardless of the election result, „the price of Bitcoin will continue to rise no matter who the president-elect is, but at a moderate rate. He also concludes that if the price of Bitcoin continues to grow during the next presidential term even at half the rate it enjoyed from 2016 to 2020, it would reach USD 80,000 in 2024:

„The seemingly unstoppable trends in the US debt-to-GDP ratio, quantitative easing (QE) and the increasing hash rate of Bitcoin indicate that the price of cryptosystems is more likely to continue to move forward during the next presidential administration, in our view. Roughly half of the 1,400% gain since the 2016 vote would take the price of Bitcoin to USD 80,000 in 2024“.