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Messages - Gabbartoken

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1
For more than 13 years no one really knows who is behind the anonymous bitcoin founder Satoshi Nakamoto that has been credited as developing the world’s first and largest, cryptocurrency – Bitcoin.

Nakamoto was the one who mined the first blockchain of Bitcoin and was the one who published the whitepaper for the digital currency. Nakamoto had envisioned Bitcoin to be a token of transaction that would be widely adopted by the world to protect against inflation.

Bitcoin was created in 2009 by an anonymous person pseudo-named Satoshi Nakamoto, whose identity still remains a mystery.

While the whitepaper of Bitcoin was released by Satoshi Nakamoto, the pseudonym used for bitcoin’s creator or creators, on October 28, 2008, many say its mint date of January 3, 2009, represents the cryptocurrency’s birthday.

On December 30th, 2021 Elon Musk co-founded and leads Tesla, SpaceX, Neuralink, and The Boring Company tweeted that he believes that the person behind the Nakamoto the anonymous founder of bitcoin is none other than cryptographic expert Nick Szabo.

Bitcoin was created in 2009 by an anonymous person pseudo-named Satoshi Nakamoto, whose identity still remains a mystery. In a recent interview, Tesla CEO Elon Musk named computer scientist Nick Szabo as the anonymous creator, who could have been the brains behind the birth of the world's first-ever cryptocurrency. Musk was also being quizzed on Lex Fridman's podcast when he made the statement. Musk also revealed that people often suspect him to be the originator of Bitcoin, a claim that he has denied so far.

Nicholas "Nick" Szabo is a computer scientist, legal scholar, and cryptographer known for his research on digital contracts and digital currency. It is believed that Bitcoin is the product of the cypherpunk movement Szabo was friends with many people in that circle. In 2005, he wrote a blog post hypothesizing a digital currency called "Bitgold" that would not depend on the trust of third parties.


While clarifying that he “obviously” was unaware of Nakamoto's real identity, Musk said that Szabo ticks all the boxes that indicate he could be the anonymous founder of Bitcoin.


In 1998, Szabo proposed the creation of a digital currency. At the time, the scientist had named this currency “BitGold.” Musk believes that Szabo “seems to be the one more responsible for the ideas behind Bitcoin than anyone else.”

Szabo's project was never fully completed, but many see it as a precursor to Bitcoin. Previously, the scientist has refuted claims that he is the creator of Bitcoin.

Nakamoto's hidden identity has been a topic of conspiracies for years now.

In September 2021, the first and only statue of Satoshi Nakamoto was unveiled in Budapest. While the facial features of this bronze statue are not well-defined, the figure sports a hoodie.

The Bitcoin tokens in Nakamoto's wallet, amounting to over $66 billion (roughly Rs. 4,96,814 crore) remain unspent as of now.

History of Satoshi Nakamoto
The persona Satoshi Nakamoto was involved in the early days of Bitcoin, working on the first version of the software in 2009. Communication to and from Nakamoto was conducted electronically, and the lack of personal and background details meant that it was impossible to find out the actual identity behind the name.

Nakamoto’s involvement with Bitcoin, however, ended in 2010. The last correspondence anyone had with Nakamoto was in an email to another crypto developer saying that they had "moved on to other things." The inability to put a face to the name has led to significant speculation as to Nakamoto’s identity, especially as cryptocurrencies increased in number, popularity, and notoriety.

While the identity of Nakamoto has not been ascribed to a provable person or persons, it is estimated that the value of bitcoins under Nakamoto's control—which is thought to be about 1 million in number—may exceed $50 billion in value. Given that the maximum possible number of bitcoins generated is 21 million, Nakamoto's stake of 5% of the total bitcoin holdings has considerable market power. Several people have been put forward as the "real" Satoshi Nakamoto, though none have been definitely proven to be Nakamoto.

Craig Wright

One of the more colorful characters to be nominated as the person behind Satoshi Nakamoto is Craig Wright, an eternal student, and researcher. (Blockchain company) nChain chief scientist. Lawyer, banker, economist, pastor, coder, investor, mathematician, stats, and world-curious.

Some articles in popular news channels suggested that Wright might be the person behind Bitcoin, but subsequent investigations have concluded that he had perpetrated an elaborate hoax.

In Florida, Kleiman’s family brought a civil case against Wright, claiming it was owed half of 1.1m bitcoin created at the start of the bitcoin enterprise. That bitcoin had to have been mined by someone who was there at the beginning, such as Nakamoto. And the family says Kleiman was with him at the beginning.


That 1.1m bitcoin is now worth about $60 billion.


Experts testified that Wright owned the bitcoin, and he successfully defended himself against Kleiman’s family.

If the jury had found that Wright owed half to Kleiman, Wright would have had to transfer his bitcoins to Kleiman’s family, which would have proven he was Nakamoto.

Dorian Nakamoto

Dorian Nakamoto is an academic and engineer in California who was named as the creator of Bitcoin by Leah McGrath Goodman in a Newsweek article in March of 2014. McGrath's article says, "The trail followed by some news sources led to a 64-year-old Japanese-American man whose name is Satoshi Nakamoto," but subsequent investigation ruled Nakamoto out of the running


Hal Finney

 Like Szabo, Finney was an early cypherpunk and one of the important pillars of that movement. Finney died in 2014. Finney was active in the Bitcoin community before and after its launch, and Finney is the first person to receive Bitcoin in a transaction. He also coincidentally lived a few blocks from Dorian Nakamoto who, it has been surmised, might have been the inspiration for a pseudonym invented by Finney.


Up until 2010, Nakamoto was active online, discussing the development of bitcoin.

Since then, around the world, amateur sleuths and computer experts, and many others have been trying to work out who Nakamoto was or is. Because whoever created bitcoin is an extremely rich person, and the enigma is an appealing story.

On April 23, 2011, the mysterious Bitcoin inventor bid a farewell to the crypto space and apparently “moved on to different things.”

He sent Bitcoin Core developer Mike Hearn a brief email. "I've moved on to other things," he said, referring to the Bitcoin project. The future of Bitcoin, he wrote, was "in good hands." According to a popular news source.


Why does everyone care so much about bitcoin and its origin?
Bitcoin is the most widely used and well-known cryptocurrency. Once a fringe idea, more than 100 million people worldwide now use it. Many popular faces have already invested in bitcoin like Barry Silbert is the founder of Digital Currency Group, which owns Grayscale Bitcoin Trust, Coinbase, and Coindesk, Micheal Saylor is the CEO of Microstrategy (one of the companies which is investing heavily in bitcoin), Cameron and Tyler Winklevoss (believed to be the first bitcoin billionaires), Elon Musk company Tesla itself (which purchased $1.5 billion in bitcoin) and Michael Novogratz founded Galaxy Digital Holdings, a broker-dealer and cryptocurrency, and digital asset management firm.
For more information visit Coingabbar.com

2
India as a nation has encountered several regulatory issues regarding the dealing and trading of digital assets. However, in order to stay up with the developing global sector, a group of major influencers established the India Blockchain Forum.
Will blockchain forum boost Web 3.0 adoption?

According to reports, Telangana government officials launched the blockchain organization in Hyderabad with the goal of making India a worldwide hub in the Web 3.0 industry. It was stated that around 40 significant influencers had already joined the forum.

It added that the Blockchain forum seeks to create special interest groups in areas such as Metaverse and central bank digital currency (CBDC). The blockchain forum also intends to engage in policy development for effective blockchain deployment.

The Telangana government said that they will establish a Web 3.0 regulatory sandbox. This will allow entrepreneurs to develop solutions focused on tokenization, NFT, and other projects. The Sandbox will enable them to establish connections with stakeholders such as regulators and policymakers.

The India Blockchain Forum aims to establish community chapters around the country in order to raise awareness about Web 3.0. It added that the group is willing to collaborate with universities and some research institutions.

As per the report, the Blockchain Forum will expand its membership to stakeholders. This marks the beginning of their mission to build the world's largest Web 3.0 community.

Indian Govt Supports new tech?

Meanwhile, the Indian government and Central Bank have expressed reservations regarding the usage of digital assets in India. The voices of government officials became more powerful after the global crypto market crashed owing to the Terra LUNA collapse.

Earlier, RBI Governor emphasized that the asset class is a complete threat and that we must be wary of emerging market risks. He went on to say that the involved technology has enormous promise. This technology has aided the financial sector, and its benefits should be embraced by the industry.
For more information visit coingabbar.com

3
ForumPay, a worldwide cryptocurrency payments technology provider, has partnered with Hancock Askew & Co. LLP to allow customers of the crypto-friendly accounting firm to pay using their favourite crypto wallet and currency.

Hancock Askew will charge its clients by email using ForumPay's simple and easy-to-use payment link technology. The receiver just clicks on the link and uses their favourite wallet to scan the QR code. ForumPay instantaneously converts cryptocurrency to fiat currency at the best execution rate available, with funds arriving in the merchant's bank account the next business day. The procedure is totally automated from start to finish, protecting the merchant from any potential instability.

"It is great to collaborate with such a creative organisation that is leading the market by embracing next-generation payment technology in what many believe to be a conventional sector," said Josh Tate, CEO and co-founder of ForumPay. Our payment connection solution, which requires no integration and allows firms to pay only when they trade, is excellent for connecting the accounting and other professional services industries to the exponential development in cryptocurrency payments."

"As a technologically ahead company, the leadership team at Hancock Askew is devoting time and resources to understanding the rapidly expanding world of cryptocurrencies and how businesses are leveraging them," stated Michael McCarthy, Managing Partner of Hancock Askew.

Accepting Bitcoin and other well-known, extensively traded cryptocurrencies not only provides clients with a distinct way of payment but also improves the firm's ability to deal with organisations and individuals that primarily operate in this currency. Furthermore, we have a growing staff of CPAs across the company with experience in tax, audit, and business advising for firms that operate with cryptocurrencies or in the crypto industry."

ForumPay is a full-service bitcoin to fiat payment technology company. By embracing the world's 300+ million crypto consumers, our core processing technology helps companies attract new customers, maximise customers' capacity to spend, and improve revenue. Our wallet-agnostic solution enables the whole crypto consumer community to spend their favourite cryptocurrency and from their choice wallet on all purchases ranging from ordinary products and services to luxury items, autos, real estate, and now professional services. By executing the transaction with the rapid conversion of the crypto into traditional cash, we reduce the merchant's exposure or risk. Our sellers simply get payments in their desired currency immediately into their bank accounts. The transactional experience is similar to accepting other popular payment methods such as cash, credit cards, and bank transfers, but it is easier, quicker, and more secure.

In today's competitive market, ForumPay is an outstanding tool for businesses looking to acquire a significant competitive edge in the world's fastest-growing customer sector. According to studies, 40% of consumers who spend cryptocurrency with retailers are new customers, and they spend twice as much as a normal credit card consumer, demonstrating the appealing, affluent demographic.

Hancock Askew is a professional services business that was founded in 1910. Tax, audit, accounting, internal audit, IT risk assurance and advice, SOC exams, transaction advising, company valuations, and other important business consulting services are among the services offered by the firm. With offices in Savannah, Atlanta, and Augusta, Georgia, as well as Miami, Tampa, and Jacksonville, Florida, our staff of over 250 experts serves a diverse range of customers, including new enterprises, major corporations, charitable organisations, publicly listed firms, and individuals. Hancock Askew is a BDO Alliance USA independent member.
For more information visit coingabbar.com

4
Ethereum has started a new rise above the $1,600 resistance level against the dollar. ETH is gaining momentum and it may soon reach the $1,650 level.


Ethereum attempted but failed to break above the $1,605 barrier. Below $1,560 and $1,550, there was a sharp bearish reaction.


According to price analysis, The price of ether fell below $1,520 and the 100 hourly simple moving average. The bulls, on the other hand, were active at the $1,500 and $1,480 levels. The price has now risen after reaching a low near $1,474. A clear move above $1,550 and the 100 hourly simple moving average happened.


The price has gone up above the 78.6% Fib retracement level of the recent drop from the $1,620 swing high to the $1,474 low. It is currently consolidating near the $1,600 level. On the hourly chart of ETH/USD, a key rising channel is forming with support near $1,510.


It is facing resistance at the $1,620 and $1,635 levels. The stated resistance is near the 1.236 Fib extension level of the recent fall from the $1,620 swing high to the $1,474 low. The next major resistance is now forming near the $1,650 level.


A clear break above $1,650 might push the price towards $1,700 resistance. Any further rises might open the door for a challenge of the $1,750 resistance in the near term.


If ethereum fails to break over the $1,620 resistance, it may fall further. On the downside, initial support is near $1,560.


The next major support is near $1,540, as well as the 100 hourly simple moving average, below which the ether price begins to decline. In the aforementioned scenario, the price may fall to $1,520. Any further losses might push the price down to $1,480.
For more information visit Coingabbar.com

KEY LEVELS :

RESISTANCE LEVEL : $1650-$1720

SUPPORT LEVEL : $1560-$1500

5
According to Ripple Lab's head of DeFi markets Boris Alergant, a "killer app" for consumers will be required to push the decentralized finance (DeFi) industry to a level that attracts a mainstream audience.
Alergant made the remarks on Aug. 9 at a panel discussion titled "The Future of Decentralized Finance," which was covered by the local media outlets on the ground in Toronto, Canada.

Along with Alergant, the panel included Aventus Ventures CEO Kevin Hobbs, FLUIDEFI co-founder and CEO Lisa Loud, and Teller Finance CEO and co-founder Ryan Berkin.

The panel members agreed that centralized financial institutions will eventually push DeFi into mainstream adoption. According to Alergant, growth will most likely be driven by a user-friendly CeFi app that provides access to DeFi services:

“So I believe institutional adoption is the way to go, and institutions are what will enable that killer application for consumers to truly take crypto and DeFi to the next level.”

Loud, co-founder and CEO of FLUIDEFI, had a similar perspective, noting how the average person eventually adopted the internet despite not comprehending the internet protocol suite, generally known as TCP/IP.

“We all use the internet, right? The internet represented a paradigm leap for us, yet we had no idea how to use TCP/IP. Right now, everyone who uses DeFi understands how to utilize the protocols; this is not sustainable, and it is not a healthy adoption strategy.”

In the next two years, she sees institutions spending more on DeFi and companies simplifying user experiences.

The Ripple CEO also highlighted how the DeFi and CeFi sectors will soon collaborate to offer users banking services.

DeFi will eventually augment and supplement CeFi. In the end, it makes little difference whether a deal is conducted through decentralized or controlled channels. He stated, "I simply want the finest darn execution."

6
फोर्ब्स मैगज़ीन ने 157 क्रिप्टोकरंसी एक्सचेंजों पर अपना नया विश्लेषण प्रकाशित किया है, जिसमें यह सामने आया कि विश्लेषण में रिपोर्ट किए गए दैनिक बिटकॉइन एक्सचेंज का वॉल्यूम 51% फ़र्ज़ी है। फोर्ब्स ने जाहिर किये बयान में कहा: आधा या आधे से ज्यादा बिटकॉइन का ट्रेडिंग वॉल्यूम नकली है।
"फोर्ब्स के डिजिटल एसेट" सेक्शन में एक नई रिपोर्ट प्रकाशित की गई जिसमें 157 क्रिप्टोकरंसी एक्सचेंजों का विश्लेषण प्रस्तुत किया गया, जिसमें पाया गया कि दैनिक बिटकॉइन ट्रेडिंग की मात्रा का 51% नकली है।

मूल रूप से, 14 जून को संदर्भ तिथि के रूप में लेते हुए, फोर्ब्स ने अनुमान लगाया कि उद्योग का वैश्विक दैनिक बिटकॉइन ट्रेड की मात्रा $128 बिलियन थी। यह वॉल्यूम 262 बिलियन डॉलर से 51% कम है यह आकड़ा कई वेबसइट द्वारा रिपोर्ट किये गए वॉल्यूम को जोड़कर प्राप्त किया गया हैं।

इतना ही नहीं, फोर्ब्स की रिपोर्ट में किये गए दावे के अनुसार, नकली वॉल्यूम दिखने में वे क्रिप्टो करंसी की फर्मे सबसे आगे हैं जो बड़ी मात्रा बड़ी बड़ी बाते व दावे करती हैं, और बहुत कम या बिलकुल ही नहीं नियमो का पालन करती हैं व आकड़ो(वॉल्यूम) के साथ मन मर्ज़ी की छेड़-छाड़ करती हैं, फ़ोर्ब्स ने विशेषकर बिनेंस, एमईएक्ससी ग्लोबल और बायबिट।

कुल मिलाकर, फोर्ब्स के अध्ययन में कम-रेगुलेटेड एक्सचेंज वास्तविक मात्रा के लगभग 89 बिलियन डॉलर (जबकि 217 अरब डॉलर का दावा किया गया है) के लिए खाते हैं। फोर्ब्स और बिटकॉइन पर वॉश ट्रेडिंग का प्रसार

फोर्ब्स ने अपनी रिपोर्ट में जो एक महत्वपूर्ण अवलोकन किया है, वह बिटकॉइन पर वॉश ट्रेडिंग के प्रसार, फ़र्ज़ी वॉल्यूम की जाँच और क्रिप्टोकरंसी एक्सचेंजों पर नियमो व नियामकों के देख रेख की कमी के बारे में है।

मूल रूप से, कुछ व्यापारी यह धारणा लोगो के दिमाग में मजबूती से स्थापित करने के लिए गैर-कानूनी तोर तरीके अपना रहे है जैसे की वह भ्रम फैला रहे है कि डिजिटल एसेट के मूल में वृद्धि हो रही है व एसेट की लोकप्रियता में भी वृद्धि हो रही है और कम्युनिटी में काफी सरे लोग जुड़ रहे है व कम्युनिटी भी बढ़ रही है, जिससे एसेट का ट्रेडिंग वॉल्यूम में बढ़त भी दिखाई देती है व ऐसा भी प्रतीत होता है एसेट की पॉपुलैरिटी भी बढ़ रही है, इन क्रियाओ को वाश ट्रेडिंग के रूप में भी जाना जाता है। अधिकतर समय, इस प्रकार की टोकन ट्रेडिंग को ट्रेडिंग बोट्स के द्वारा दिया किया जाता है, जिससे वॉल्यूम में बढ़ोतरी होती है, और इन सब चीज़ो के बीच लोग पंप एंड डंप को अंजाम देते है।

इसी प्रकार क्रिप्टोक्यूरेंसी एक्सचेंजों के लिए वॉश ट्रेडिंग भी फायदेमंद हो जाती है, क्योंकि यह उन्हें वास्तविक वॉल्यूम की तुलना में अधिक वॉल्यूम के साथ प्रदर्शित होने की सुविधा देता है।

फोर्ब्स के अनुसार: कोई यूनिवर्सल तरीका नहीं है जिससे बिटकॉइन का दैनिक ट्रेडिंग वॉल्यूम मापा जा सके।

दो महीने पहले, फोर्ब्स ने एफटीएक्स के सीईओ सैम बैंकमैन-फ्राइड इंटरव्यू किया था, जिन्होंने कथित तौर पर बैंकमैन ने कहा बताया था कि उन्हें कैसे लगता है कि कई क्रिप्टोकरंसी एक्सचेंज दिवालिया हैं, भले ही वे इसे छुपाएं।
 और अधिक जानकारी के लिए www.coingabbar.com

7
At the $52.2 support, a morning star candle formation shows that buyers are attempting a price rebound. A better confirmation is required because there hasn't been a noticeable increase in volume activity yet. At this support zone, will LTC bulls be able to wrestle trend control from sellers, or will the correction rally continue?

A potential bullish reversal from the $52.2 level of support might promote the development of a double bottom pattern. The 20-day EMA changed from being an ineffective resistance to supporting additional price reduction. The Litecoin coin's intraday trading volume is $465.5 Million, representing a gain of 21.6%.

On August 18th, the LTC/USDT pair displayed a bearish breakdown from the rising wedge pattern's support trendline. This breakdown should position LTC to revisit the $40.5 because the whole purpose of this pattern is to maintain the current downturn. The post-breakdown slump has already reduced prices by 13.5%, bringing them to $52.4.

Last weekend, LTC buyers attempted to push the price back up, but they were unable to sustain above the $57 resistance and saw a rapid reverse. Additionally, the unsuccessful comeback coincided with Powel's most recent hawkish remark; the altcoin dropped down to $52.3.

On the other hand, a double bottom pattern may be strengthened by a less probable but still potential bullish reversal from $52. Additionally, a bullish breakout from the neckline resistance of $57.6 will present prospects for recovery for coin holders, perhaps boosting the price of the currency to the $64.6 level.

Technical indicator
Bollinger band: A bullish reversal is very likely if the coin price breaks out above the lower band of the indicator. However, the sellers will prevail so long as the price is below the midway.

Vortex indicator: Coin traders have been aggressively selling coins as shown by the spread between the VI+ and VI-. Despite an attempt to reverse from the $52.2 level, the indicator has not yet shown a meaningful change.

Resistance Levels: $57 and $25

Support Levels: $52.3 and $47
For more information visit Coingabbar.com

8
नॉन फंजीबल टोकन (NFT) का बाजार काफी बढ़ गया है और आज कल इन्ही केमाध्यम से कमाई करने के कई तरीके उपलब्ध हो गए है। हालांकि, NFT स्कैम्स के बढ़ने के साथ, NFT के मूल्य का निर्धारण करने में मुख्य समस्या उत्पन्न हुई है।

NFT के सही मूल्य को जानना कई तरह से मददगार हो सकता है। iइस लेख के माध्यम से NFT में निवेश करने, उनके मूल्य का अनुमान लगाने और कई पहलुओं को ध्यान में रखते हुए जानकारी दी गई है | यह सभी आपको NFT से कमाई करने में मदद कर सकते हैं।


NFT का मूल्य कैसे पहचाने ?


NFT के मूल्य को तय करने के लिए कोई परिभाषित मॉडल नहीं है। शेयरों या रियल एस्टेट जैसे पारंपरिक निवेश साधनों के समान इंडिकेटर्स का उपयोग करके NFT का विश्लेषण करना असंभव है। अंतिम खरीदार के दिए गए मूल्य से NFT के सही मूल्य का कुछ पता लगाया जा सकता है। हालांकि, NFT के साथ, यह अनुमान लगाना मुश्किल हो सकता है कि अगला खरीदार भविष्यवाणियों के आधार पर क्या मूल्य देगा।

अधिकांश खरीदार अपने मूल्य का अनुमान केवल अटकलों के आधार पर करते हैं। क्योकि उनके पास आवश्यक जानकारी की कमी होती है | NFT का मूल्य समय के साथ प्रभावित होता है और इस पर खरीदार और विक्रेता दोनों का कोई नियंत्रण नहीं हो सकता है।

उदाहरण के लिए, NFT आर्ट का एक हिस्सा किसी एक समय के लिए बहुत महंगा हो सकता है जब निवेशकों को लगता है की यह यूनिक है और भविष्य में इसकी मांग बढ़ जाएगी। फिर, अचानक, उन्हें पता चलता है कि वह डिजिटल छवि इंटरनेट पर सार्वजनिक रूप से उपलब्ध है और NFT के पास अब कोई क्लाइंट नहीं है।

इसलिए, इस तरह के घोटालों से बचने के लिए, निवेशकों को NFT की कीमत निर्धारित करने हेतू निचे दिए गए कारकों पर विचार करना चाहिए |


NFT के मूल्य को प्रभावित करने वाले कारक

कलाकार की लोकप्रियता
NFT बनाने वाले कलाकार की लोकप्रियता सबसे मुख्य कारक है जो इसके मूल्य को प्रभावित करता है | विशेष रूप से जाने-माने कलाकारों द्वारा बनाई गई NFT को सामान्य कलाकारों की तुलना में अधिक महत्व दिया गया है। जैसे Pablo Picasso की एक पुरानी पेंटिंग का मूल्य उसी समय के एक स्ट्रीट आर्टिस्ट की पेंटिंग से कही ज्यादा होगा। कला व्यवसाय इसी तरह काम करता है। और NFT के संदर्भ में भी यह ऐसे ही काम करता है।


ओनरशिप का इतिहास
NFT का मूल्य, इशुअर और पिछले मालिकों की पहचान से बहुत प्रभावित होता है। जाने-माने व्यक्तियों या व्यवसायों द्वारा बनाए गए टोकन का ऐतिहासिक मूल्य महत्वपूर्ण है| NFT जारी करने के लिए हाई ब्रांड वेल्यू वाले व्यक्तियों या व्यवसायों के साथ सहयोग करके, आप NFT के मूल्य में सुधार कर सकते हैं।


यूनिकनेस
NFT की कीमत का इस बात से गहरा संबंध है कि इसे कितना यूनिक माना जाता है और यह असल में कितना यूनिक है। जाने-माने कलाकारों और उच्च क्षमता वाले सेलिब्रिटी टोकन को दुर्लभ NFT माना जाता है। NFT अत्यधिक मूल्यवान होती हैं क्योंकि वे यूनिक हैं।


लिक्विडिटी
जब किसी एसेट को जरूरत पड़ने पर बिना किसी नुकसान के बेचा जाता है तो इसे लिक्विडिटी कहते है। यदि आप NFT आर्ट को लॉन्ग-टर्म डिजिटल कलेक्टेबल के बजाय एक निवेश के रूप में देखते हैं, तो लिक्विडिटी एक चिंता का विषय हो सकता है। 

NFT की लिक्विडिटी का अनुमान लगाने और उसे समझने के लिए, इसके हालिया ट्रेडिंग वॉल्यूम को देखें। जैसे-जैसे NFT बाजार बढ़ेगा, एसेट की लिक्विडिटी बनाए रखने के लिए सिस्टम विकसित किए जाएंगे।


उपयोग
एक NFT को अपना मूल्य बनाए रखने के लिए एप्लीकेशन में उपयोगी होना चाहिए। NFT का उपयोग विभिन्न तरीकों से किया जा सकता है, जैसे स्टॉक, वर्चुअल एसेट्स, रियल एस्टेट आदि। NFT उद्योग अभी भी अपनी प्रारंभिक अवस्था में है, और जैसे-जैसे यह विकसित होगा, नए रचनात्मक उपयोग सामने आएंगे।

वर्चुअल लैंड और इन मेटावर्स प्रोजेक्ट्स के बारे में अधिक जानने के लिए पढ़ें- Metaverse में वर्चुअल रियल एस्टेट के लिए गाइड


वास्तविकता
NFT डिजिटल रूप से मौजूद है लेकिन वास्तविक दुनिया में एसेट से जुड़े निवेशकों द्वारा स्वीकार किया जा सकता है | ऐसा करने से इसकी लिक्विडिटी और मूल्य में वृद्धि हो सकती है। NFT का मूल्य इस बात पर निर्भर करता है कि जिन योजनाओं में इसका उपयोग किया गया है, उनका कितना अच्छा परिणाम मिलेगा। फाइनेंशियल वैल्यू वाले NFT शॉर्ट और लॉन्ग टर्म ट्रेडिंग दोनों के लिए सर्वश्रेष्ठ हैं।


निष्कर्ष
इस तथ्य के बावजूद कीं मूल्य काफी हद तक निवेशकों के अनुमान का परिणाम है, NFT का मूल्य बाजार के कानूनों का पालन करता है। NFT का मूल्यांकन यूनिकनेस, उपयोग, शॉर्ट और लॉन्ग टर्म रीसेल मूल्य जैसे महत्वपूर्ण कारकों पर निर्भर करता हैं।

ध्यान रखें कि जिस NFT में आपकी रुचि है, वह निवेश के लिए विश्वसनीय है। आमतौर पर अपने शोध को ऊपर दिए कारको के आधार पर करना आवश्यक है | और जानने के लिए, फॉलो करें Coin Gabbar


9
Many underdeveloped and developing countries rich in resources have an incredible opportunity in their hands named blockchain. Leveraging the power of blockchain may help boost trade with the world and help the economy soar. Additionally, blockchain can help solve many other problems, the biggest one being logistics and operations.

International trade is worth $17 trillion. To put $17 trillion into perspective, gold's market cap is just $11 trillion. International trade can be broadly divided into two parts,75% of goods and the rest 25% of commodities. International trade is a complex process since every country has different restrictions, regulations, and taxes.

There are many other problems like lack of trust and coordination between two parties, especially in the emerging markets, lots of unnecessary paperwork, etc. Over the past few years, various MNCs and startups have tried to solve these problems but were either not successful or partially successful. Blockchain technology promises a reliable solution for such problems while drastically cutting operation costs. Hence, many companies and consortiums are researching blockchain implications and developing suitable software for utilizing blockchain to its full extent.

Why blockchain?
Blockchain has the power to take digitization to a new level; it facilitates the tokenization of paper trails, letters of credit, and much more. Smart contracts, another feature of blockchain, can help build a trustless system and help improve coordination by automating agreements and business events.

Although blockchain emerged as a financial use case, it has many other implications, and data management is one of them. Blockchain simplifies the data recording process; it is more transparent and secure than the current framework. However, blockchain's resistance to data alteration makes it the preferable technology.

The extended value chain tied to international trade includes extensive and complex logistics solutions, customs, financing protocols, and bureaucracy, all of which can be streamlined and more accessible through blockchain.

In the field of logistics, blockchain helps optimize a process, makes shipments and goods traceable, and guarantees the security of payments with easy cross verification through a real-time information portal that will support every stage of trade. As a result, blockchain can drastically improve how private and public service operations are conducted.

TradeLense, a blockchain-based shipping solution developed by IBM and Maersk, has outperformed every other traditional shipping solution. 150+ organizations have successfully used the project; IBM claims that companies have said 20% and reduced the time consumption by 40%. TradeLens is an early example of the potential implications of blockchain technology; there will be many more such solutions, potentially better than TradeLens, in the near future.

In the finance and payment sectors, blockchain is significantly faster and more secure than other digital methods. In addition, SWIFT, which is generally used for cross-border transactions, is costlier than blockchain.

Blockchain in different sections of international trade
Commercial transactions
One of the critical attributes of a blockchain-based system is the elimination of middlemen. Furthermore, in a decentralized ecosystem, vendors are not subjected to governance; hence, there is a degree of flexibility that centralized systems fail to provide.

However, a decentralized marketplace such as that described earlier applies to only a limited part of applications; international trade is far more complicated than other marketplaces wherein blockchain technology is applied. Vendors and traders must adhere to multiple legal systems, privacy laws, and conceptions of trust. In a decentralized marketplace, all these constraints can be delegated to a trustless system of algorithms; i.e., vendors are essentially trusting the code instead of trusting or speculating on each other.

Besides, storing transaction details in the blockchain smart contract can also be very helpful. This will help store transaction details which will be accessible to only the involved parties like financers, buyers(importers), sellers(exporters), creditors, and insurance brokers.

Trade finance
The financials of international trade are very complicated and can be divided into different parts according to the nature, item, and system of the trade. There are various aspects of Trade Finance that blockchain and DeFi can help improve.

Letter of credit and open accounting
A letter of credit is a financial instrument that is provided by a bank, guaranteeing that the seller will receive money from buyers on time and at the correct value. This is an important financial solution created as a token of trust. The reason why blockchain needs to be included in the equation is that the current system is quite costly and creates a massive paper trail.

Besides, open accounting is associated with several risks, including denial of payment and a high grace period, which can be misused. With the help of smart contracts, importers can send payments to the smart contract, probably with cryptocurrencies. The smart contract will unlock payment and automatically send it to the exporter only when the importer receives the shipment.

Blockchain will eliminate the need for banks to coordinate with multiple players and factor in other costs like risk estimates, paper trails, and other processes.

Cross border payment
One of the most common blockchain use cases across different sectors is cross-border payments. They significantly reduce both, the cost and time of transactions. The international trading sector is no different. The current banking infrastructure is highly complicated and inefficient when it comes to cross-border payments. Apart from that, any type of grievance solving involves time-consuming bureaucracy that can be eliminated entirely by blockchain.

Customs and administration
Finance is one of the most common and evident use cases of blockchain, but blockchain has many other lesser-known but excellent use cases. Blockchain can streamline the customs process, majorly increasing transparency and thereby decreasing the chances of malfeasance. This is possible through real-time information sharing and by automating the process of selection and submission of customs documents and verification sets either through the method of trial and error or with predetermined benchmarks.

With blockchain, customs officials' high workload can be reduced and optimized through tamperproof data in smart contracts. These smart contracts, even though transparent and built (probably) on a public ledger, can process private information with high privacy and security, giving access only to the predetermined parties.

Logistics and operations
No matter what the sector is, logistics is one of the most complicated divisions. A global supply chain includes multiple supply chains connected to each other with multiple agreements bound by multiple countries' regulations. For even a single error, a high level of coordination is required to fix it.

Digitization of trade exchange operations could streamline the document-sharing process between players like importers, exporters, customers, brokers, insurance agents, creditors, financiers, and port operators.

Smart contracts could save time since the majority of these documents are operated manually.

Output-based smart contracts that partially trigger based on shipment steps can save costs.

Real-time access to past and current transactions, eliminating the need for paper trails completely.

Tracking, traceability, and transparency of trade
Blockchain can be used to store and access important documents and certifications; the authenticity of these documents can be verified via proof of authenticity. This can significantly limit the use of counterfeits, especially in the field of rare and collectible items.

Problems with Blockchain
While blockchain is an exciting and developing technology, it is still in its infancy. It has many problems and drawbacks that are to be corrected.

When it comes to cross-border transactions, the biggest problems with blockchain are lack of regulation and high taxes, with the cost and time of transactions differing from crypto to crypto. Furthermore, in countries like India, you have to pay 1% TDS on crypto transactions and so on, plus cess. Apart from this, various other intermediaries are also involved in converting crypto into fiat, further driving up the cost.

Another issue that the current blockchain scenario is facing is the instability in price; there is a 5-10%+ movement in cryptocurrencies every day. If the cryptocurrencies are locked in smart contracts, they are measured in units instead of their corresponding fiat value.

Another issue is scalability; blockchain is still in its infancy, and many new and promising projects are arising, but with that, many such projects are biting the dust on a weekly basis. Some of these projects are worth billions of dollars, supporting millions of users and stablecoins. Scalability will improve with new projects and users, but full-scale adoption of blockchain is not possible now.

What does the future hold?
Blockchain has the power to help change international trade, especially for countries rich in natural resources that have huge supply chain operations. Platforms like TradeLens are already cutting costs by leveraging the power of blockchain technology; this can be expected from many other companies in the near future.

Currently, blockchain has very limited use cases, but there are crypto companies like VeChain and WaltonChain that are revolutionizing the logistics and supply chain industries by either eliminating the middleman or drastically cutting the intermediation costs. These companies are heavily funded by venture capital, and their native currencies are also supported heavily by investors, citing a bright future.

For more information visit Coingabbar.com

10
Cryptocurrency Trading / Top 10 Crypto Jargon You Must Know
« on: August 29, 2022, 07:48:48 AM »
Cryptocurrency is not only an asset in the trading market that is driven by passionate investors, but it also embraces the presence of an extremely diverse community. The Crypto community, being young, hopeful, and enthusiastic about the future of blockchain, is well-known for creating meme trends, market fluctuations, ruthless trolling, and their unique jargon.

Today we are going to explore some of the hidden crypto jargon that you might not have heard before. This jargon will not only introduce you to the different blockchain concepts but will also give you an insight into the mindset of the evergreen and ever-active crypto community.

So without further ado, let us dive right into knowing the top 10 crypto jargon that you never heard before.

Top 10 Crypto Jargon
Here is a list of some of the most baffling crypto jargon that might come across in the crypto streets. Beware some of these words are truly strange!

51% Attack
If the first image that comes to your mind by hearing the word ‘Attack’ is offensive then you are more than correct. There have been multiple scenarios in the past where the control of the entire blockchain has been gained by a group of miners. But if blockchain technology is decentralized then, how can anyone or any group of individuals control the entire chain?

Well, technically they can and this is what 51% attack is all about. If an individual miner or a group of miners controls over 50% of the mining hash rates of the network then they can not only restrict the addition of new blocks on the chain but also can approve false transactions using their validator strength.

However, ‘51% Attack’ is a brute force attack that is not possible on medium to large-sized blockchain networks. These are observed rarely and on smaller crypto chains that are easier to control. For comparison, for a successful 51% attack on Bitcoin, a group would need to have control of mining hardware worth $8.5 Billion. Thus, all the Bitcoin investors can sleep peacefully as this is not going to happen.

Arbitrage
Imagine buying a coin from one marketplace and finding out that the same value of the same token is trading at a higher price in another market. Selling it right away on the other exchange would be your natural response to make a profit.

This difference in the market prices for the same commodity is called arbitrage and those traders who use this difference to make profits are called arbitrage traders. Cryptocurrency exchanges are known to have differences in their prices for the same tokens, however, to earn a decent profit on arbitrage trading, the volume of the asset movement must be large enough.

Demurrage
Coming from the shoes of the sea, the word Demur-rage is a word that originated in the dockyards. However, the word ‘Demurrage’ in the blockchain is used for exhibiting the cost of holding a crypto token within your wallet.

Demurrage is a method that effectively restricts currency hoarding in traditional finance frameworks. Demurrage ensures that a huge quantity of crypto tokens is not withheld by a single entity for longer durations. This promotes a higher circulation of assets in the markets making the trades possible.

Dolphins
You must have heard a lot about the crypto whales but do you know that we have dolphins too? Well, crypto dolphins are of the same fishery family from which the crypto whales have come.

Crypto Dolphin is a term used for those crypto-holding entities that are bigger than the retail investors but smaller than the crypto whales. In matrics, 100-500 BTC holders can be categorized as Bitocin Dolphins. The number of crypto dolphins is higher than that of the whales and they are also one of the major forces that drive the market fluctuations.

Hodler
No, you did not read it wrong. Hodler might look like a misspelled holder or even mean the same but an official Bitcointalk forum has given it a meaning forever.



Hodl or HODL is a slang used in the cryptocurrency world to showcase one’s trust in one project by buying and ‘Holding On for the Dear Life’, and thus HODL. Hodling has been an effective strategy for investment in crypto tokens excluding the recent LUNA crash.  Hodl stands for trusting the project that you are investing in and not exiting the markets when the market hit a short-term low. Nevertheless, the crypto community loves to hodl and so do we.

JOMO
If JOMO reminds you of FOMO then you are already on the right track. Just as FOMO stands for ‘Fear of Missing Out’, JOMO is a more optimistic take on the same situation. JOMO or ‘Joy of Missing Out’ is a term that is used by the crypto community to express their joy of missing out on trends in times when everyone is trading only on the basis of speculations and FOMO.

To the moon/Mooning
Mooning might sound like a purely astronomical term that has something to do with the moon but it withholds different meanings in different cultures. Being from the culture of crypto, we can share the meaning of mooning in the blockchain world.

Mooning refers to working towards pushing the prices for a specific token so much so that the bulls take it to the moon. Mooning as jargon can be used in the different scenarios and also incite sarcasm. However, it must not be confused with a practice with the same name.

Orphan
When two miners happen to create the same block at the same time (which happens rarely) only one of the two blogs are accepted by the blockchain. No matter how unjust it may sound, adding two same blogs to the same blockchain is technically not possible, and can result in chaos within the blockchain ledgers.

One of the blocks that has been produced consecutively to the other block will be rejected and called an orphan block. Heartwrenching, isn't it?

Rekt
Keeping the unlucky one for the last, Rekt is a state in which none of the crypto investors will ever want to be. Finding its origin in the misspelling of the word ‘Wrecked’, Rekt is used for those unlucky investors who destroyed a majority of their assets during a recent token crash.

Not being in a great place to be, rekt has been in use during the recent market crash often but with the pace at the crypto market recovering, we are sure that things will not remain the same for long.

Why Crypto Industry Uses Jargon
Jargon and slang are part of almost all industries and this is what makes them unique. The Crypto community is relatively younger when compared to other similar communities and makes its unique lingo with every passing event. Being one of the largest adobe to the creatives, the crypto community leaves no chance of coining new words for new situations.

Crypto jargon not only assists communication within the industry but also allow the members to communicate their idea with the exact weightage. Jargon incites familiarity and gives uniformity to the community, however, excessive usage of slang can also be the reason for miscommunication.

FAQs
Q.1 What are some of the most commonly used crypto jargon?

Ans. Some of the most commonly used crypto jargon include Hodl, Burn, Whale, Mining, and many more. Knowing these terms cannot only give you a better understanding of the subject but also introduces you to the different concepts of the blockchain.

Q2. Where can I learn crypto jargon?

Ans. You can learn about new crypto jargon using the Coin Gabbar Crypto Dictionary and flaunt your knowledge among your peers. You can also develop a great crypto understanding by reading Coin Gabbar Blogs and News.

Q3. What are the benefits of learning Crypto Jargon?

Ans. Learning crypto jargon can make you familiar with the way the crypto community interacts and can make your crypto learning journey easier. If you are new to the crypto world, starting with Coin Gabbar blogs can give you a detailed overview of how cryptocurrency works while also updating you about the recent market trends.
for more informationvisit coingabbar.com

11
Following an official announcement by USD Coin (USDC) issuer Circle Pay, stablecoin behemoth Tether has now officially confirmed its support for Ethereum's planned Merge upgrade and transition to a Proof-of-Stake (PoS) consensus mechanism-based blockchain.
The announcement came on the same day as its stablecoin competitor vowed to solely support Ethereum's much-anticipated upgrade.

In an Aug. 9 statement, Tether called the Merge "one of the most historic events in blockchain history" and stated that it will operate in accordance with Ethereum's upgrade timeline, which is presently scheduled to take place on Sept. 19.

Tether thinks that in order to minimize community disruption, especially when using our tokens in DeFi projects and platforms, the transition to POS should not be weaponized to cause confusion and harm within the ecosystem.

Tether will actively monitor the event's development and preparations, and will support POS Ethereum in accordance with the approved timeline. Tether stated, "We feel that a smooth transition is critical for the long-term sustainability of the DeFi ecosystem and its platforms, including those that use our tokens."

Despite the fact that the official announcement was just made today, the stablecoin issuer's chief technical officer, Paolo Ardoino, had already said in July that they intended to support the post-Merge ETH2 network.

According to sources, USDT is currently the largest stablecoin in crypto, with a total market valuation of $66.6 billion, while USDC is close behind at $54.1 billion. Both stablecoins have a sizable portion of their circulating supply on Ethereum's current Proof-of-Work blockchain, with USDT accounting for $32.3 billion and USDC accounting for $45.1 billion at the time of writing.

Given the magnitude of these stablecoins and their dominance in the stablecoin market, the show of support, in this case, should result in a smooth transition for the Ethereum, USDT, and USDC ecosystems, as well as the broader crypto market as a whole.

However, as Vitalik Buterin has warned, their influence may cause complications in future Ethereum hard forks, since centralized entities like Tether and Circle may opt to employ their own split chain rather than what the Ethereum community has advocated.

“That is something I believe will become more of an issue in the future.” Basically, he stated that “USDC's judgment on which chain to consider as Ethereum might be a crucial deciding factor in future contentious hard forks.”

This week, Ethereum will conduct its final merge trial through the Goerli testnet, and if all goes as planned, the Sept.19 merge date is unlikely to be postponed.

Read also: Top cryptocurrency news: USDC Declares Complete Support For Ethereum POS Chain Following Merge




12
Terra Classic (LUNC), the original chain of the now-defunct Terra (LUNA) token, is experiencing strong buying pressure, which is driving its value upward.
 Notably, demand for the token appears to resist the continued prolonged volatility in the crypto market.

In particular, LUNC has increased by 21% in the last 24 hours, trading at $0.00012, after peaking at $0.00013 during the early trading hours on August 26.

13
The Polkadot price analysis is going to favour the bulls. According to the most recent updates, the price has risen to $7.68, which represents a significant improvement once when compared to previous trends.
There is a strong possibility that the price levels will soon cross the $7.80 resistance level. The price has increased today, with the recent growth of a bullish candlestick, which is a hopeful sign for buyers.

The Polkadot price analysis over the past 24 hours shows that bullish momentum is rising. After a slow recovery, price levels suddenly improved to $7.68.  The bullish efforts have brought the price levels close to the Moving Average (MA), which is $7.63. Due to the bullish price movement, the coin currently has a 1.70 percent increase in value, which is small but positive. The cryptocurrency, on the other hand, is still down 10% in the last week. Today's trade volume has decreased by 10.32%.

Polkadot's 4-hour price chart indicates that the cryptocurrency's performance is showing a slightly positive price movement, which has resulted in a rise in coin value. According to the most recent data, the price has risen to $7.68 after recovering from a loss in the past hour. Because the price has passed the mean value, moving average (MA), which is at $7.48, the positive trend may strengthen. The bulls have an uncertain future since the Bollinger bands are expanding at a relatively slow rate.

The Polkadot price analysis shows that the bulls are aiming to recover their strength after suffering a significant loss. Today's bitcoin price levels have risen to $7.59, and there are positive signs for buyers to enter. If price levels continue to rise at their current rate, the resistance at $7.71 will be easily overcome. This is only possible if the bulls continue on their current path and maintain the support levels at $7.44 for better results.

KEY LEVELS :

RESISTANCE LEVEL : $8.00-$8.60

SUPPORT LEVEL : $7.00-$6.30
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14
Investors are gradually losing faith in Bitcoin (BTC) as a reliable inflation hedge. Bitcoin used to be frequently hailed as a haven from the effects of macroeconomic conditions on the economy, but it now seems to be losing this reputation. Anthony Scaramucci has remarked that the asset has not yet achieved the status of a reliable inflation hedge in the face of new realities.

Scaramucci believes BTC is still too new to serve as a hedge against inflation.
The CEO of SkyBridge Capital, Scaramucci, spoke on CNBC's Squawk Box on Monday to examine the state of the cryptocurrency markets.

He pointed out that the asset hasn't yet expanded sufficiently to fill the role of an inflation hedge. Scaramucci cited the present wallet bandwidth for Bitcoin as the primary justification for his claim. When he made his first Bitcoin buy, the bandwidth of the currency was around 80 million wallets, he disclosed. He added that there are approximately 300 million wallets worldwide at this time.

Scaramucci added that until wallet bandwidth hits the billion and billion plus level, BTC cannot be used as an inflation hedge. It is still a cutting-edge technological asset, he said. Scaramucci did highlight BlackRock's recent interest in BTC as a sign of rising institutional demand, though, as a positive.

The macro environment has negatively impacted bitcoin.
Anthony Scaramucci continues to be one of the well-known individuals who is optimistic about bitcoin. Speaking with CNBC in October of last year, Scaramucci mentioned that he has over $1 Billion in Bitcoin. The seasoned investor said at the time that he saw BTC as virtual gold.

Any investor who investigates Bitcoin will be compelled to invest in the asset class, according to Scaramucci. He used Ray Dalio as an illustration. Former sceptic Dalio stated that he already owns some Bitcoin in December of last year.

As macroeconomic conditions deteriorate, Bitcoin, which was previously praised for its resistance to inflation, particularly during the turmoil of the COVID-19 pandemic, looks to be collapsing alongside traditional stocks. This abrupt development has been linked by market observers to BTC's recent association with conventional finance.

At the time of writing, the asset is trading at $21,203, down 11.2% over the previous week.
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15
The Bitcoin Gold (BTG) price trend is bullish after finding support at the 50-day EMA, but it remains in a downtrend overall.
The continuing to improve underlying bullish sentiments touch a potential uptrend within the falling channel with multiple long-tail daily candles.

After the rounding bottom breakout, the Bitcoin Gold (BTG) price trend shows a bearish reversal from the $35 resistance level. The downtrend establishes a falling channel and accounts for a 35% drop in three weeks to test the 50-day moving average.

With the help of a 50-day EMA, the price trend shows a bullish reversal from the falling channel's support trendline. Multiple low price rejections near the supporting EMA increase the likelihood of an uptrend to the overhead resistance trendline.

BTG is currently trading at $25.80, up 2.30 in the last 24 hours, indicating the possibility of a bullish engulfing candle formation. However, before reaching the trendline, the bullish trend may encounter resistance at $27.00 and the 200-day EMA.

The RSI indicator displays a downtrend under the influence of a resistance trend line moving along with the 14-day average line. However, the recent reversal within the nearly oversold zone may challenge the resistance confluence shortly.

The fast and slow lines in the MACD indicator project a chance of a bullish turnaround teasing a crossover event. Hence, the technical indicators maintain a bullish bias for the BTG prices.

The RSI indicator shows a downtrend influenced by a resistance trend line moving in parallel with the 14-day average line. However, the recent reversal within the nearly oversold zone suggests that the resistance confluence may be tested soon.

The MACD indicator's fast and slow lanes forecast a bullish turnaround, teasing a crossover event. As a result, the technical indicators continue to prefer BTG prices.

KEY LEVELS :

RESISTANCE LEVEL : $27.00-$29.00

SUPPORT LEVEL : $25.00-$24.00
for more information visit coingabbar.com

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