The recent 4% drop in the price of cryptocurrencies, particularly bitcoin, has had a positive impact on the crypto perpetual futures market. Perpetuals are futures contracts with no expiry, and their funding rates help align their prices with the index price. Over the past week, funding rates for major cryptocurrencies reached high levels, indicating an overheated leveraged market. However, the drop in prices has normalized the funding rates and cooled the market down.
The decrease in funding rates, along with the decline in open interest in crypto futures contracts, suggests that overleveraged traders have been shaken out of the market. Funding rates become burdensome when market momentum stalls, leading overleveraged traders to exit their positions. This market correction has created a more stable and sustainable environment for the crypto futures market as it heads towards the end of the year.
This article provides insights into the recent drop in crypto prices and its impact on funding rates. The cooling of the crypto perpetual futures market is seen as a positive development, as it signals a healthier and less overheated market environment. Traders who were heavily leveraged have exited the market, and funding rates have returned to more manageable levels. This stability and normalization pave the way for a steady ascent in the market as the year comes to a close.
Read the original article here #Bitcoin #cryptocurrency #futures #trading
Making money online from the comfort of your home has become increasingly accessible with the growth of the internet and digital technologies. In 2023, there are numerous realistic ways to earn money online. Here are 30 ideas to get you started:
1. Freelance Writing: Offer your writing skills on platforms like Upwork or Freelancer to create blog posts, articles, or website content.
2. Content Creation: Start a YouTube channel, podcast, or blog to share your expertise or passion and monetize through ads, sponsorships, and affiliate marketing.
3. Online Surveys and Market Research: Participate in online surveys and market research studies with platforms like Swagbucks or Survey Junkie.
4. Remote Customer Service: Work as a remote customer service representative for companies like Amazon or Apple.
5. Online Tutoring: Teach subjects you're knowledgeable in on platforms like VIPKid or Chegg Tutors.
6. E-commerce: Start an online store using platforms like Shopify, Etsy, or eBay to sell products.
7. Affiliate Marketing: Promote products or services on your blog or social media and earn commissions for sales made through your referral links.
8. Online Courses: Create and sell online courses on platforms like Udemy or Teachable.
9. Remote Data Entry: Find remote data entry jobs on websites like Clickworker or Remote.co.
10. Virtual Assistance: Offer administrative support services to businesses as a virtual assistant.
11. Graphic Design: Use your graphic design skills to create logos, graphics, or websites for clients on platforms like Fiverr.
12. Stock Photography: Sell your photos on stock photography websites like Shutterstock or Adobe Stock.
13. App Development: Develop and sell mobile apps or offer app development services.
14. Social Media Management: Manage social media accounts for businesses looking to enhance their online presence.
15. Dropshipping: Start an e-commerce business without holding inventory by dropshipping products.
16. Online Consultations: Offer consulting services in your area of expertise through video calls.
17. Online Surplus Sales: Sell unused items or collectibles on platforms like eBay or Facebook Marketplace.
18. Online Fitness Coaching: Become an online fitness coach and offer workout plans and guidance.
19. Virtual Events: Host webinars, workshops, or conferences on topics you're knowledgeable about.
20. Podcast Production: Offer podcast editing, production, or consulting services.
21. Remote Transcription: Transcribe audio and video files for clients.
22. Online Translation: Offer translation services if you're proficient in multiple languages.
23. Affiliate Blogging: Create a niche blog with affiliate marketing as the primary revenue source.
24. Online Art Sales: Sell your artwork, crafts, or digital art on platforms like Etsy or Redbubble.
25. Remote Bookkeeping: Offer bookkeeping services for small businesses from home.
26. Digital Marketing: Provide digital marketing services like SEO, PPC, or social media management.
27. Online Gaming: Stream your gaming sessions on platforms like Twitch and monetize through ads and donations.
28. Virtual Assistant Coaching: If you have experience as a VA, offer coaching services to aspiring virtual assistants.
29. Online Research: Conduct research for businesses or individuals in need of specific information.
30. Online Real Estate: Invest in virtual real estate, such as domain names or digital properties, and sell them for a profit.
Remember that success in making money online often requires dedication, patience, and the ability to adapt to changing trends. It's essential to research and choose the opportunities that align with your skills, interests, and long-term goals.
Torum is a top crypto social media website, decentralized finance system, NFT market place and crypto payment system all rolled into one nice looking system.
The team has been working on this for a couple of years now and the project is starting to look really nice.
Join - https://moneylinks.me/torum
In the bustling world of digital assets, where every pixel matters, standing out is the name of the game. If you're rocking the NFT seller vibe, here's a pro tip – let's talk about the secret sauce: SEO. Yep, Search Engine Optimization – it's not just a buzzword; it's your golden ticket to making your NFT store shine. Buckle up as we explore the wizardry of SEO and how it can level up your game by boosting visibility, credibility, and, of course, those all-important sales.
Boosting the Spotlight on Your NFT Store:
SEO is like your backstage pass to the show. It tells search engines, "Hey, this NFT store is where it's at!" The result? Your unique collection of NFTs gets a front-row seat in the search results, and a broader audience discovers your digital gems.
Riding the Wave of Organic Traffic:
SEO isn't about any traffic – it's about the right traffic. Picture this: people actively searching for NFTs stumble upon your store. More eyeballs mean more potential buyers checking out your NFT wonders. It's not just traffic; it's a crowd that's genuinely interested in what you're offering.
Building Street Cred in the NFT Hood:
Ever notice how the cool kids get noticed? A high-ranking NFT store isn't just a store; it's a digital VIP lounge. It screams credibility and trustworthiness. And you know what that means – buyers are more likely to drop some digital dollars when they trust your spot.
Outshining the Competition:
In the wild world of NFTs, it's a jungle out there. A higher search ranking isn't just a status symbol; it's your golden key to stand out from the pack. SEO ensures that your NFT wonders grab the attention they deserve.
A Symphony of User-Friendly Awesomeness:
SEO is not just about keywords; it's about the vibe. A well-optimized store is a smooth ride for your visitors. Faster load times, mobile-friendliness, and easy navigation – it's the VIP experience for every user who steps into your digital domain.
Niche Targeting Magic:
SEO lets you target specific keywords related to your NFT game. No more casting a wide net; this is a laser-focused approach. You're not just connecting; you're making a digital handshake with users genuinely interested in what you're dropping.
Local Swagger, Global Impact:
Got a physical presence? Local SEO is your hometown hero. It makes sure your NFT store is the talk of the town, attracting buyers in your vicinity and beyond.
Staying Ahead of the Digital Curve:
The online world moves fast, and SEO keeps you ahead of the game. Evolving search engine algorithms? No sweat. SEO practices ensure your NFT store is always in the spotlight, no matter what digital twists and turns come your way.
Listings That Pop:
Every NFT in your collection is a star, and SEO makes sure each one shines. Optimized product listings mean they're not just seen; they're discovered. That's the secret sauce for higher conversion rates and happy customers.
Data-Driven Success:
SEO tools aren't just cool gadgets; they're your crystal ball. They give you insights into what makes your audience tick. With analytics-driven decisions, you're not just running a store; you're orchestrating a digital symphony.
Now, imagine having all these SEO superpowers seamlessly integrated into your NFT store. Well, hold onto your pixels because NFTHoom is here to make it happen. With NFTHoom, you're not just selling NFTs; you're creating a digital spectacle that reaches the right audience. it's a blockbuster, and the stage is set for your NFT empire to rise. Ready to let your NFTs steal the show? NFTHoom's got your back!
On March 20, 2022, the New York Times published a 14,000-word puff piece on cryptocurrencies, both online and as an entire section of the Sunday print edition. Though its author, Kevin Roose, wrote that it aimed to be a “sober, dispassionate explanation of what crypto actually is”, it was a thinly-veiled advertisement for cryptocurrency that appeared to have received little in the way of fact-checking or critical editorial scrutiny. It uncritically repeated many questionable or entirely fallacious arguments from cryptocurrency advocates, and it appears that no experts on the topic were consulted, or even anyone with a less-than-rosy view on crypto. This is grossly irresponsible.
Here, a group of around fifteen cryptocurrency researchers and critics have done what the New York Times apparently won’t.
I like how snarky the critics are in this piece:
Bitcoin has experienced a 150% surge in value throughout the year, reaching over $42,000 early Monday morning. This explosive growth comes amidst mounting anticipation surrounding the potential launch of a Bitcoin spot exchange-traded fund (ETF) in the United States. The main contributing factor to Bitcoin’s recent surge, in addition to the halving event approaching amongst other bullish…
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Unveiling the Top 20 DeFi Projects Dominating the Market.
In this comprehensive exploration, we delve into the top 20 DeFi projects based on market capitalization, highlighting their unique features, contributions, and impact on the burgeoning decentralized financial landscape.
Electronic Money Association members such as Revolut, PayPal and other companies are asking for more time before implementing the Markets in Crypto-Assets (MiCA) Regulations. Fintech organizations using cryptocurrencies are reportedly calling on European institutions to give them additional time so they can prepare to comply with the new rules. Representatives of Revolut, PayPal and other companies directly contacted the EU Ministry of Finance with a request to extend the transition period. They recalled that the new MiCA rules will apply to all countries of the Union starting in December 2024, however, some countries may shorten these deadlines. According to payment institution leaders, there may not be enough time to prepare to comply with all laws. The European institutions provide a maximum transition period for compliance with MiCA of 18 months. However, it is subject to change at the discretion of individual countries, which Revolut and PayPal do not agree with. They ask that all EU members agree on a maximum period of 18 months. Otherwise, companies will have to suspend operations in individual states for indefinite periods, which will negatively affect business. Ireland has already stated that it agrees to follow the 18-month transition period for cryptocurrency providers (CASP). Major crypto companies currently have offices in the country, including Gemini, Coinbase and Binance, which will require regulatory approvals under MiCA. As for France, the regulator Autorité des Marchés Financiers (AMF) is considering launching an “extended” registration of digital asset service providers, the DASP. The new rules will come into force in the country on January 1, 2024. In addition, the authorities also want to harmonize the licensing requirements for the European Authorization of Crypto Asset Service Providers (CASP) regulations. Read the full article
Various industries have praised Quantum computing’s transformative potential, but the practicality of its applications for finite-sized problems remains a question. Google Quantum AI’s collaborative research aims to pinpoint problems where quantum c
#AI #ML #Automation
IntroductionIn a world rapidly transitioning into the digital realm, money, too, is undergoing a transformation. The rise of cryptocurrencies has led to a profound debate about the future of digital currencies. Central Bank Digital Currencies (CBDCs) and Bitcoin stand at the forefront of this financial revolution. While both have their merits, this article delves into the clash of digital…
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