Across Protocol’s Post

Will Cryptocurrencies Leap into Traditional Financial Markets? Yes, They Will! (Update) Traders, investors, businesses, and ordinary individuals were awaiting the decision that the U.S. Securities and Exchange Commission (SEC) had to make by January 10, 2024. What are the pros and cons of this step? Check it out here

"Regulatory clarity is generally a good thing, but The Providing Tax Clarity for Digital Assets Act will, perhaps unwittingly, amplify some of the critical problems with proof-of-stake blockchains. Unlike proof-of-work chains, where miners are known and can be identified due to their vast power consumption, proof-of-stake validators can remain comparatively anonymous. This leads to network security issues, such as not knowing who is running validators or what their agenda is. It also leads towards monopoly and the inability of competitors to enter and take on large oligarchies on the network. One of the ways to identify who is staking is to tax staking rewards. If those receiving rewards for staking have to pay tax on them, there’s a paper trail detailing who is staking, or at least who was at one point. Or, at least, there should be..."

At My Crypto Funding, we understand that trading fees can have a significant impact on your profits. That’s why we offer reduced commissions across all major markets, including cryptocurrencies, Forex, and commodities. By lowering your operational costs, we help you retain more of your hard-earned profits and improve your overall trading margins. Reducing your trading fees allows you to reinvest in your strategies, giving you a long-term edge in competitive markets. Discover how our competitive conditions can amplify your financial success.

Powerful blockchain tools for developers and professionals alike! ⚡️

If we're still thinking in terms of wallets, we'll never break out of DeFi and trading. A Universal Profile transcends wallets and allows us to interact with each other beyond these limitations. We now have the ability to create new reputation systems, forms of currency, voting protocols, value distribution systems and proper DAO tools. A Universal Profile becomes both its own social and economic platform by default. Learn more about Universal Profiles: https://lnkd.in/gM6_9vFa

Digital asset prices and traditional risk assets, such as the Nasdaq, have recently declined. Despite the launch of spot Ethereum #ETFs and strong net inflows, sentiment remains low. However, financial market liquidity is expected to improve soon. The Federal Reserve Board is anticipated to start an easing cycle in September 2024, following a high interest rate policy expected to be maintained in the July meeting. This easing could enhance dollar liquidity and positively impact digital asset markets, which are closely tied to #liquidity cycles.

Explanation about my trader settings and results The most frequently asked question is: “How I put my trader settings?“ Of course I would like to share this with you, here we go. Obviously I change settings a small bit as the market moved really aggressively, but these are the settings I use now and continue to use.

Up until recently, the US Securities and Exchange Commission’s aggressive approach toward many crypto industry participants basically put the sector at a standstill, which in turn prompted some companies in the space to move to jurisdictions with more friendly regulations. All of this is looking to change now that the 47th US president has been confirmed to be perhaps the most pro-crypto politician ever in US history. It will be interesting to observe how Trump will balance lax regulations to incentivize US growth with consumer-protection policies to ensure sustainable development and adoption.

Tips on how to enter the crypto markets for profits

Exchanges make 80% of their profits on liquidations. ALL others products are designed to retain people and drive them to derivative markets. In other words, exchanges do everything in their power to liquidate as much people as possible as many times as possible. But if they liquidate too much, even the most unaware and greedy traders will notice they are constantly losing money. So exchanges use data to define optimal liquiditation strategies to keep things balanced: liquidate enough traders to sponsor F1 teams next year on one hand, and retain as many traders in the long run on the other. Not to say liquidations is the only way exchanges earn. Some other models include profits from HFT strategies like market making, some smaller exchanges earn from listings. But the largest and juiciest profits come of course from liquidations. Which is why Binance, OKX, Coinbase are willing to wave a listing fees as long as you bring enough liquidity for them to liquidate more. Now the nasties part, Exchanges can either have their designated market market who manipulates the price to collect liquidations accumulated around a specific asset price. (hence we see +- 10% price action in 24h) Or exchanges can do that indirectly through listing market makers who work with token projects. This is a slightly different model. I don’t imagine many would be interested in how exactly profits occur what is the interest of a market maker there, but if you are interested, drop a comment so that I know.