After taking an exposure to Bitcoin in December 2020, Christopher Wood, global head of equity strategy at Jefferies has now increased exposure to the crypto by 5 percentage points (ppt) in his Asia ex-Japan portfolio and pared his investment in gold by equal measure. “The arrival of the Bitcoin ETF in America, and the growing mainstream acceptance of crypto, means that it is timely for GREED & fear to make a further adjustment to the global ... TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
What is SafeMoon? The new cryptocurrency and how it compares to DogeCoin and Bitcoin
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The metaverse isn’t necessarily a new concept; for years now, you could throw on a virtual reality headset, or just sit in front of the computer and hop into virtual worlds. Now, as the metaverse becomes not only a tool for interaction but also a tool for work or other forms of entertainment, there is a renewed interest in this industry. Especially interesting to investors are metaverse cryptos — digital currencies tied to decentralized blockchain metaverses where users have the final say in mat
Emerging cryptocurrencies, such as HUH Token seem to have paid very close attention to the market and have spotted a gap in the market, which is for a crypto that has both meme and utility under its belt. HUH Token has coined itself as the ‘Utimeme’ as it combines both of those elements that they see necessary to succeed.
Stellar Lumens presents a noble case for itself. The blockchain network wants to allow users to send money anywhere. This is very similar to the goal of XRP or ripple. Ripple is six times larger than Stellar and easier to use.
Wealthsimple said it hopes that its new portfolio will boost employee participation in employer-sponsored savings plans and encourage workers to save for their retirement, according to Financial Post.
The current market capitalization of SAFEMOON places the token in the #204 ranking of cryptos globally.
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SafeMoon stands from "Safely to the Moon", a phrase that was adopted by Redditors about DogeCoin which refers to the price flying upwards "as high as the Moon".
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With IG, you can trade cryptocurrencies via a CFD account – derivative products that enable you speculate on whether your chosen cryptocurrency will rise or fall in value. Prices are quoted in traditional currencies such as the US dollar, and you never take ownership of the cryptocurrency itself.
SafeMoon exists on the blockchain and doesn’t use any monetary foundations or trades as mediators. According to the whitepaper published, it expects to elevate distributed trade and has an absolute stock of 1 quadrillion tokens. Their launch supply was 777 trillion tokens, and 223 trillion is the measure of Burned Dev Tokens. SafeMoon is navigated by CEO John Karoly, who had been appointed as an All-Source Analyst under the U.S. Department of Defense. The CTO of SafeMoon is Thomas Smith, who recently filled in as the CIO of Goldsmith Blockchain Consulting. Jack Haines-Davies is the COO of this currency who previously served in LikeAndShare LTD, and Ben Philips is hired as a Manager, as indicated by the LinkedIn profile.
Overall, it appears from these results that cryptocurrencies may experience short term intervals of co-movement, caused by sector wide news or cross market contagion, though correlation is likely to change dependent on the nature of the causal event and market environment. In the medium and longer term Bitcoin and Litecoin are strongly related; it is believed this is due to their similarity.
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Wavelets are wavelike functions used to transform signals into a representation which has time and frequency domain components. Visually wavelets appear as wave-like oscillations with an amplitude that starts at zero, increases, then returns to zero. Another way to consider a wavelet is as a bandpass filter, which can be applied to a time series under investigation, letting through only components of the time series within a finite range of frequencies to different extents depending on the energy spectrum of the wavelet. Wavelets take the form:
The algorithm allowed for secure, unalterable information exchanges between parties, laying the groundwork for future electronic currency transfers.