Tesla Earnings Report Announced ? Crypto news #23 ? Bitcoin VS Bitcoin cash ? Bitcoin news
⚡ Elon Musk's company, Tesla, known for holding Bitcoin in its balance sheet, has released its long-awaited earnings report. However, there have been no changes in Tesla's crypto assets, as the company refrained from both purchasing and selling Bitcoin during this period. Despite this, the company's revenues were still impressive, with estimates reaching a substantial $24.5 billion.
⚡ Our videos ARE NOT financial advice The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. CryptoOK and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.
⚡ Allen shared his lucrative experience reselling Worldcoin airdrop accounts. He was among those who went to Africa from China, seeking quick profits. Account opening paid Africans $1 to $3, with creation costs, including team wages, ranging from $6 to $12. Xianyu's online market sold accounts for $40, ensuring a minimum $28 profit per sale. Registering up to 100 people daily, he earned $2,800 to $3,400 per day.
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Bitcoin price ? Ethereum price ? Polygon matic news ? Bitcoin BTC VS Ethereum ETH VS Polygon MATIC
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? Litecoin (LTC) : LNmdiWSYaaraA2vFWM4HnCPbbYvV18Evyu
⚡ What is Ethereum (ETH)
Ethereum (ETH) is the second-largest cryptocurrency token in terms of market capitalization. This is due to the fact that it has brought a lot of innovation and use-cases within the industry by introducing smart contract functionality, which has paved the way for the decentralized finance industry (DeFi) and decentralized apps, or Dapps.
Ethereum allows users to build and deploy software, commonly in the form of Dapps, which are then powered by a global distributed network of computers all running Ethereum. The Ethereum network is decentralized, making it highly resistant to any form of censorship or downtime.
In addition, Ethereum is an open-source blockchain platform that runs on the usage of its native currency, called Ether or ETH. All network transaction fees, or gas fees, are paid in ETH.
Ethereum or ETH is a token that is specifically used by the Ethereum blockchain to pay for transactions. This token is responsible for powering just about everything that occurs within the network.
The Ethereum network can be used by anybody to create and run smart contracts, which are software programs that run autonomously, without user intervention. Ethereum’s growth can be attributed in part to its smart contract capability, which has enabled a growing ecosystem of Dapps, non-fungible tokens (NFTs) and more.
⚡ What is polygon matic
Polygon (MATIC) is a layer 2 scaling solution designed to build upon the Ethereum blockchain, facilitating higher transaction throughput and lower transaction costs. Formerly known as the Matic Network, Polygon aims to create the blockchain infrastructure necessary to deploy and use Etheruem-based decentralized applications (DApps) at scale.
Functioning as an add-on to the Ethereum blockchain, Polygon uses scaling solutions in order to increase the size, capacity, security, and efficiency of the Etheruem network. The Polygon platform is a multi-level system that creates sidechains upon which transactions are executed before they are merged with the main Ethereum chain, reducing the overall load on the Ethereum network.
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SnP news ? Bitcoin news ? Btc price ? SnP500 analysis ? Bitcoin BTC VS SnP 500 index ? Bitcoin price
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⚡ What is the SnP 500?
The S&P 500 Index, or Standard & Poor's 500 Index, is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S.
It is not an exact list of the top 500 U.S. companies by market cap because there are other criteria that the index includes. Still, the S&P 500 index is regarded as one of the best gauges of prominent American equities' performance, and by extension, that of the stock market overall.
KEY TAKEAWAYS
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
The S&P 500 Index was launched in 1957 by the credit rating agency Standard and Poor's.
The S&P is a float-weighted index, meaning the market capitalizations of the companies in the index are adjusted by the number of shares available for public trading.
Because of its depth and diversity, the S&P 500 is widely considered one of the best gauges of large U.S. stocks, and even the entire equities market.
You can't directly invest in the S&P 500 because it's an index, but you can invest in one of the many funds that use it as a benchmark, tracking its composition and performance.
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----------------------------------------------------------------------------------
⚡ What is quant crypto (qnt)? -------------------------------
A Technology Provider of Interoperability Solutions across Blockchains.
Quant is a London-based blockchain technology company that aims to achieve universal interoperability between blockchains through its Overledger OS, a blockchain operating system.
The main product, Overledger, is an API gateway that abstracts underlying permissioned and permissionless blockchains through a single gateway. The Overledger Network is a community network to host remote connector gateways which process Overledger transactions.
QNT is the native utility token of the protocol and has the following use cases:
Payment for network resources: Users that require network resources (e.g. Data, APIs, Distributed Ledger) would pay gateway owners in QNT tokens.
Staking: Gateway operators may stake QNT with the treasury to secure higher priority in the transaction order.
Licensing fees: Users pay an annual licensing fee in QNT tokens to the treasury. Learn more about the Overledger Network and the various fee schedules here.
The protocol consists of the following major components:
Overledger Enterprise: Overledger Network is an open network connecting a range of public and commercial DLTs, breaking down DLT silos. This helps to make DLT technology more accessible for mainstream enterprise developers.
Overledger Community Network: A cost-effective “DLT Native” network aimed at the wider DLT community. It runs alongside the Overledger Network and is fully hosted and managed by Quant. The Overledger Community Network is also a production testbed for new, innovative features.
SeeQ: SeeQ is a distributed search engine that is able to search and retrieve data from multiple blockchains (e.g. Bitcoin, Ethereum, Ripple, and more.). SeeQ is available to Overledger customers as an optional module and is integrated with Overledger. The Overledger Community Network is also a production testbed for new, innovative features.
Gateway Operators: Users may operate a gateway to provide access to resources (e.g. Distributed Ledger, Data, APIs). Gateway operators may set the price and terms of the service of their gateways.
The project has completed a public sale round in 2018 and raised 11MM USD, where 9.9MM QNT has been sold.
As at July 29th 2021, the total supply of QNT is 14,612,493 and the current circulating supply is 100%.
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⚡ Tron network's substantial growth this year propelled it to become the second-largest blockchain by Total Value Locked (TVL). TVL reflects cryptocurrency assets within decentralized finance (DeFi) protocols on a specific blockchain. DefiLlama data shows TRON's TVL at $5.2B, 14% of the total market, surpassing BNB. However, Ethereum leads with $21.5B TVL, 57.4% of the market.
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⚡ The drop followed Litecoin's third halving in its history since 2011. This event occurs approximately every four years, just like Bitcoin halvings, cutting miners' rewards in half and limiting new token issuance. According to CoinDesk, Litecoin's native blockchain token plummeted to $86, a level unseen since June 30. In previous years, the token's price usually peaked about a month before halving and then declined for several months afterward.
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? Litecoin (LTC) : LNmdiWSYaaraA2vFWM4HnCPbbYvV18Evyu
⚡ What is monero xmr crypto
A Private, Secure, And Untraceable Cryptocurrency.
Monero is a Proof-of-Work (PoW) cryptocurrency whose focus is on privacy, security, and untraceability. Its first block was mined in 2014.
Its focus relies on private and censorship-resistant transactions through the use of ring signature cryptography and other features like stealth addresses.
Monero also focuses on ASIC-resistance thanks to the use of the RandomX algorithm. Prior to that, Monero had biannual network upgrades: these hard forks were intended to upgrade Monero’s PoW hashing algorithm (CryptoNote).
Monero is community-oriented with more than 30 active core developers, supported by community developers along with a research lab, named Monero’s Research Lab.
Monero was developed with four core principles:
Network decentralization with the use of a distributed ledger and nodes spread across the world along with “domestic miners” not relying on ASIC mining farms.
Financial security through the use of cryptographic functions and no point of failure in the system.
Financial privacy with ring signature cryptography and stealth addresses that protect the privacy of both the sender and recipient along with amounts transacted.
Fungibility i.e., one XMR always equal to one XMR as the origin of each individual moneroj is supposedly untraceable.
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----------------------------------------------------------------------------------
⚡ What is what is near protocol crypto (NEAR) --------------------------------
A Proof-of-Stake Blockchain with Dynamic Scalability and Stable Fees.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilizes fees.
NEAR is the native utility token of the network and has the following utility:
Fees for processing transactions and storing data.
To run a validator node on the network via staking NEAR tokens.
Used for governance votes to determine how network resources are allocated and where the protocol’s future technical direction will go.
NEAR Protocol created a set of tools for developers and end users including:
NEAR SDKs: A full SDK which includes standard data structures, examples and testing tools for Rust and AssemblyScript.
Gitpod for NEAR: NEAR uses Gitpod to create a zero time onboarding experience for developers.
NEAR Wallet: A reference implementation that is intended to work seamlessly with the progressive security model that lets application developers design more effective user experiences.
NEAR Explorer: To aid with both debugging of contracts and the understanding of network performance.
NEAR Command Line Tools: A set of straightforward command line tools to allow developers to easily create, test and deploy applications from their local environments.
NEAR Protocol launched its mainnet on April 22, 2020 with 1 billion NEAR tokens created at genesis. 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
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? Bitcoin (BTC): 1FgvskEbTnhfrNhpbM9fQKL6LVAY2i48LE
? Dogecoin (DOGE): D7WdqTRHSK4cBNYjU1bgS4nBsAEZcgZZhQ
? Litecoin (LTC) : LNmdiWSYaaraA2vFWM4HnCPbbYvV18Evyu
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⚡ What is monero xmr crypto ------------------------------------
A Private, Secure, And Untraceable Cryptocurrency.
Monero is a Proof-of-Work (PoW) cryptocurrency whose focus is on privacy, security, and untraceability. Its first block was mined in 2014.
Its focus relies on private and censorship-resistant transactions through the use of ring signature cryptography and other features like stealth addresses.
Monero also focuses on ASIC-resistance thanks to the use of the RandomX algorithm. Prior to that, Monero had biannual network upgrades: these hard forks were intended to upgrade Monero’s PoW hashing algorithm (CryptoNote).
Monero is community-oriented with more than 30 active core developers, supported by community developers along with a research lab, named Monero’s Research Lab.
Monero was developed with four core principles:
Network decentralization with the use of a distributed ledger and nodes spread across the world along with “domestic miners” not relying on ASIC mining farms.
Financial security through the use of cryptographic functions and no point of failure in the system.
Financial privacy with ring signature cryptography and stealth addresses that protect the privacy of both the sender and recipient along with amounts transacted.
Fungibility i.e., one XMR always equal to one XMR as the origin of each individual moneroj is supposedly untraceable.
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⚡ Our videos ARE NOT financial advice-----------------
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. CryptoOK and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.
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