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Messages - NancyDeep

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1
News related to Crypto / The Salvadoran wallet has received donations.
« on: March 15, 2024, 08:38:38 AM »
A few hours after El Salvador publicly announced that most of its Bitcoin would be stored in a physically secure cold wallet, Bitcoin enthusiasts have already sent "Rare Sats" and Ordinal inscriptions to the wallet. According to Ordiscan data, there are at least 67 Ordinal donations in the wallet, including BRC-20 tokens, textual inscriptions, images, 3D "Runestone," and even a copy of the "Cypherpunk Manifesto" – a document written by Eric Hughes in March 1993, aimed at safeguarding privacy in the electronic age through encryption. Additionally, the wallet also contains approximately $700 worth of Satoshi donations.

2
According to data compiled by CryptoQuant, since early 2024, miners' reserves (the unsold bitcoins held in company-related digital wallets) have decreased by 8,400 bitcoins, dropping to 1.8 million. The last time this level was seen was in June 2021. Analysts suggest that this decline indicates miners are selling tokens. VanEck's Director of Digital Asset Research, Matthew Sigel, has stated that miners have begun selling more tokens to improve their balance sheets and provide funds for increased capital expenditures. This is in response to the difficulty in profitability after the halving of overall rewards in April, making scale even more important post-halving. According to CryptoQuant, since the approval of ETFs, a net total of 3,617 bitcoins has been transferred from miner wallets to exchanges. On February 1st, a net outflow of 13,542 bitcoins occurred, marking the largest single-day outflow since December 2020. What does this imply? What are your thoughts?

3
General Discussion / What's the current market situation?
« on: November 17, 2023, 07:57:34 AM »
Bitcoin hadn't even gotten a foothold in the new price range when the torrents started to rise sharply. Within a week, we saw low-cap and memecoin rally as well - something that usually happens in the later stages of a bull market.
Some say bull markets are getting shorter. But what I'm seeing is sheer desperation as well. It's like if tokens don't go up now you're losing out.
I remember in late 2019 and early 2020, (3.12 Black Swan), there was a similar market to what we are seeing now. Looking back on that period, we could well call it a bull trap. So is this another bull trap? Or is this just bear market PTSD?
In a market environment like this, staying calm, rational, conducting adequate research and risk management is key. If investors are confused, they may need to re-evaluate their investment objectives and strategies to ensure they are in line with their risk tolerance and long-term planning.

4
Bill Hughes, a lawyer from ConsenSys, expressed on the X platform (formerly Twitter) that a federal district court judge in the Southern District of New York clearly stated in the ruling of the Risely v. Uniswap case on August 29th that Ethereum is considered a commodity, not a security. The document lacked an in-depth analysis of the issue, providing only a conclusion, but the judge's statement was unequivocal.

Furthermore, the judge's document also implied that wrapped BTC is regarded as a commodity, though this point was not explicitly clarified. Nonetheless, the assertion that "Ethereum is a commodity" is undeniable.

5
The cryptocurrency market in August is poised for potential explosive growth, with three altcoins standing out as promising contenders: Litecoin (LTC), Kava, and Maker (MKR).

Litecoin, the seasoned "silver of bitcoin gold," has emerged as a unique alternative to Bitcoin. With a larger maximum supply of 84 million tokens and faster block times, Litecoin's utility for everyday transactions is evident. Its history as a testing ground for groundbreaking technologies, including MimbleWimble privacy support, showcases its innovative spirit. The upcoming halving event on August 2 has garnered substantial interest from investors, bolstered by Litecoin's strong integrated social and trading activity.

Kava, a decentralized lending platform, embraces interoperability with other Cosmos-based blockchains. Its Cosmos USDT incentive program, set to launch on August 1, promises to attract significant liquidity to the ecosystem, propelling Kava's growth trajectory. Its impressive 50% growth since the beginning of the year further solidifies its position as a compelling option in the crypto market.

Maker (MKR), operating on the Ethereum blockchain, has been instrumental in shaping the decentralized financial landscape with its stablecoin, Dai. With its overcollateralization model and governance role through MakerDAO, MKR ensures stability and resilience. The recent introduction of the "Smart Burn Engine" token buyback program and the strategic acquisition of real-world assets demonstrate MKR's forward-thinking approach.

As the cryptocurrency market gains momentum, these three altcoins - Litecoin, Kava, and Maker - have attracted attention from both retail and institutional investors. Their unique features, recent growth, and upcoming events indicate their potential to explode in August, making them worth watching closely for promising investment opportunities.

6
zkSync, a leading ZK Rollup solution, made headlines recently when it announced the random selection of 10,000 LIBERTAS OMNIBUS series NFTs from its active community members. The airdrop decision came amidst fierce competition in the Rollup track, injecting enthusiasm among users. In response, zkSync's trading volume surged by 52% and even surpassed Arbitrum in terms of transactions, establishing itself as the most active Ethereum Layer2 solution.

However, the joy of the airdrop was short-lived, as some community members discovered that the "random" selection was not so random after all. The winning wallet addresses were found to be sorted strings, leaving the impression that the airdrop was not as equitable as initially perceived. This revelation led to a sharp decline in zkSync's reputation within the community.

Nonetheless, it is essential to differentiate between short-term emotional trading data and long-term development progress. zkSync has been actively accelerating its development to meet the demands of a continuously evolving Layer2 ecosystem. One such step is the recent launch of the proof system upgrade, Boojum, which marks an important milestone towards decentralization. This upgrade aims to transition the network to a STARK supported proof system, facilitating a more decentralized prover.

The journey towards decentralization for zkSync Era is closely tied to its token launch and airdrop program. CEO Alex Gluchowski acknowledged that the network's full decentralization is a prerequisite for launching the zkSync Era token, and significant progress has been made in this regard. The zkSync Decentralization Vision outlined the roadmap to achieve core decentralization components, such as the sequencer, ZK prover, zkPorter, and community governance.

The zkSync team's initial foray into the ZK Rollup landscape was marked by zkSync v1.0's release, which introduced ZK Rollup as a scaling solution for Ethereum. Over time, the team made crucial updates, including EVM compatibility with zkSync v2.0, allowing dApps to be easily ported to the zkSync Layer2 network. As part of its roadmap, zkSync aims to achieve Layer3 concepts and applications, ensuring the long-term viability and expansion of ZK technology.

The recent release of ZK Stack, a modular open-source framework, demonstrates zkSync's commitment to community governance. With features like "sovereignty" and "seamless," ZK Stack empowers the community to shape the chain's functionalities and encourages personal projects to emerge within the Ethereum ecosystem. This move is seen as a paradigm shift towards decentralization in Layer2.

Despite its progress, zkSync Era is still in its early stages, and its ecosystem construction lacks some essential features. Comparatively, the network performance is average, and transaction delays and gas fees remain challenges to address. Nevertheless, zkSync's development trajectory suggests a promising path towards greater decentralization, offering users opportunities for deeper engagement and potential airdrop rewards in the future.

7
The recent news that the sec believes that the recently filed physical Bitcoin etf materials are not sufficient, the market was frightened and began to tumble. Then we found that smart money began to buy, and many actually rose instead of falling. Everyone's current view of this news is that it is not directly rejected this time, that is, it is necessary to supplement the materials that the sec believes are suitable for spot ETFs in the future, which is a problem of attitude. So this thing is actually better, sorry the market is so irrational, but it's a good thing to go up

BCH: EDX, a cryptocurrency exchange backed by Fidelity Investments, Charles Schwab, and Citadel Securities, began operations and offered four tokens, BTC, ETH, BCH, and LTC, directly stimulating BCH's rally

FTT: The FTX exchange has recovered $7 billion in bad debt, plans to restart, and several Wall Street big names are interested. FTT may have a meme hype opportunity similar to LUNC

OX: OX Exchange is a debt exchange founded by Zhu Su, which is now the leader of RWA and has recently launched new functions such as launch platform and stablecoin

If BlackRock's Bitcoin ETF application is approved by the SEC, BTC and altcoins will usher in a surge.

If the application goes through, that will detonate the $15 trillion cryptocurrency boom, huge amounts of money will flood into the crypto market, and several mountains are expected to rise!

RNDR is one of the strongest performing altcoins this year, showing a good rebound after a major sell-off. It's also part of the narrative of artificial intelligence and the meta-universe. As an infrastructure solution, this means Render has huge commercial scalability

RNDR has adopted a new token economic model that makes it a highly inflationary token and acts as a catalyst for its price

STX was the first token offering to receive SEC approval in 2019. It is considered an SEC-approved token, which may have had a positive stimulative effect on its price

Stacks, BTC's Layer 2 solution, is planning a major update in the fourth quarter of this year, called Nakamoto schedules. This update will add important features and enhance its power, which may once again spark an increase in the price of STX

GMX As regulators tighten their grip on cryptocurrencies, sustainable decentralized exchanges are gaining more growth opportunities

Traders seeking to escape the regulatory headaches and KYC processes of centralized exchanges are finding a new home in sustainable decentralized exchanges. Total GMX trading volume has exceeded $133 billion and is likely to continue to grow

BNB Exchange leading token, bsc chain ecological token, I think is very good, low fees, fast, the disadvantage is centralized, but the shadow of the center in the next 10 years, as long as the safety is the first, holding its logic has been unchanged.

okb is likely to become the second industry, now the valuation is a little high, but this price reflects the future expected price, if ok becomes a real second, to reach 50% of the transaction volume of An. This is entirely possible, because the people in the coin circle are incremental, as long as the user uses simple, safe and convenient, and has money to earn, ok can be done like a lot of dry peace to half of its market value.

Other dogecoin, although it is air, but it has become a culture, culture is difficult to eliminate, dogecoin and enough decentralized, the code has been updated, then of course you can consider it.

The biggest players in the next bull market I think are uni and layer 2 network projects such as arb and gmx, and rdnt. If you just hold it, then 20x might just be the beginning. A lot of people criticize uni for not being empowered, arb for not being empowered. But many people forget that the right to govern is the highest power. What is the use of empowerment if the uni development project does not work, if the uni development line, then empowerment is something that is decided between one vote. That day will surely come.

What should I do next?

At present, the price ratio of the halving plate is very good, you can start a little bit of fixed investment, still enough to 20W, the return rate is very good, so the halving plate rise is not very surprising, itself is a definite event, but the significance of early Z late rise, even if you are set, it is also a set of time, you can see that the recent is a large sun line, the past few months of declines have pulled back.

As for other sectors, in addition to the old ones, such as QTUM, NEO, etc. have risen, the rest have not risen, and even have fallen a lot.

What information can be seen from the above disk?

Funds are still dominated by Europe and the United States, in the past they tend to large market value, now it is still large, and the coming in is also large funds, although there are more funds diverting, Hong Kong, Japan and South Korea have, one by one in the accumulation of power, but the representative has been alive, then other large market value of the counterfeit plate, I think it will rise, such as Boka, meta universe, storage and so on;

The news surface guide accounted for the main part, whether it is the acquisition, the power mechanism below, is to pull up the plate faster, and see relevant information in the future, such as FTT restart, FTX restore 7 billion funds this matter, we also mentioned in the previous article also notify everyone to ambush, to understand the inference, may predict;

2024 halving is still the direction that institutions and retail investors are optimistic about, the certainty of things must be certain, sooner or later the layout is not too late, from the BCH thing, there will be a market next year, although the current price has risen, but it is still low, such as ZEN, FIRO, they come down, but also can invest, enter, and extend the time.

In general, the rebound in the second quarter, you can understand as a preview of the future great bull market, see that most people are never believe to believe, to completely convinced of the process, and never get on the car, to a little car, to dare not get on the empty process, this is also the real situation of most people in the future great bull market, making money must be a few people, you have to do is a few people, Stick to your direction, stick to your investment, stick to your good B, and wait for the wind to come.

8
In short, heading into July, BeInCrypto evaluated a range of altcoins that showed bullish potential.

Ethereum (ETH), Internet Computers (ICP) and Osmosis (OSMO) will host different conferences on their technology.

Radix (XRD) will release a highly anticipated upgrade, while Syscoin (SYS) will release its public mainnet.

The Top 5 altcoins to watch in the cryptocurrency market in July 2023: An important Ethereum conference will take place from July 5-9. The Radix (XRD) upgrade will go live, while SysCoin (SYS) will release its public mainnet. Finally, Osmosis (OSMO) will host an open forum, while Internet Computer (ICP) will host a global R&D conference.

Below is an analysis of five altcoins that saw positive developments in June to assess their potential.

Ethereum (ETH) conference in Barcelona
Price: $1,840

Market capitalization: $221.16 billion

Ranking: #2

Ethereum is the largest altcoin by market capitalization. The Barcelona ETH Conference will be held on July 5-7. The hackathon will then be held from July 7-9. The conference, considered to be the largest in Europe, will explore how blockchain technology can build a sustainable world full of human potential.

Since the rally on June 15, the Ethereum price has experienced a bullish week and broke the declining resistance line on June 21. This indicates that the previous correction has been completed and a new uptrend has begun.

Since the correction ended in the $1,650 long-term support area and lasted for more than two months, it is possible that the full gains since the beginning of the year have been retraced.

If so, the ETH price will break through the $2,000 resistance area and rise to $2,500.

However, if ETH prices take a short-term plunge, it may return to the downside resistance line and see it as support. The current price is $1,750.

Radix (XRD) was upgraded online
Price: $0.062

Market value: $639 million

Rank: #210

The Radix Babylon upgrade will go live on July 31, and despite a one-month delay, the upgrade is expected to greatly improve the experience for users and developers. The RCnet testnet will be released a few weeks before the upgrade.

Possibly in anticipation of this upgrade, XRD prices have been surging since June 15, up 43%. The rise led to a break above the declining resistance line.

However, the price failed to reach the 0.382 Fib retracement resistance at $0.094. Instead, it was rejected before it got there and fell sharply to the pre-breakout support at $0.056.

If it crashes, it could fall to $0.035. However, if XRD rebounds, it could rise to the $0.093 resistance again.

ICP holds global conference
Price: $4.08

Market capitalization: $1.782 billion

Ranking: #30

ICP will hold a global R&D conference on June 28. Various feature updates, SNS testing, and demonstrations will be discussed for attendees.

While ICP prices fell to a new annual low on June 10, they have since rebounded sharply, forming a long downward curve in the process. Wicks are considered a sign of buying stress, as sellers are unable to keep prices down.

Instead, buyers took over and caused the price to confirm the $3.50 level area as support.

If it continues to rise, the ICP price could reach the long-term resistance line of $5.20. However, if there is a short-term bearish reversal, it could fall to the recent support level of $3.50.

Syscoin (SYS) publishes the public mainnet
Price: $0.13

Market value: $94 million

Rank: #191

Syscoin will launch its public mainnet, Rollux, on June 28. Rollux is an EVM aggregation that inherits the security of the Bitcoin mining network and combines it with the data availability of Syscoin. It will act as a second layer on Syscoin, helping to improve scalability.

SYS prices have risen sharply since June 10. It has now reached the 138-day downward resistance line. While the price was rejected at the first breakout attempt, it could break again soon.

If SYS breaks out, it could hit the $0.19 resistance area. However, if the price is rejected again, it could fall to $0.11.

The Penetration (OSMO) Forum was held in July
Price: $0.49

Market value: $240 million

Rank: #114

Osmocon 2023 will be held in France on July 21. Osmocon is a cross-chain exploration forum. This is positive news for OSMO, whose price fell to a record low of $0.44 on June 10.

As the price started a short-term reversal that day, the forum's expectations could cause it to hit the long-term downward resistance line of $0.60.

However, if the price loses its footing, it could fall to $0.32. That would be another historically low price.

9
Cryptocurrency discussions / These 5 altcoins send a "bullish signal"
« on: June 19, 2023, 08:27:31 AM »
In this article, we will specifically share bullish predictions for five popular altcoins. Here are the details...

The social reaction of the Shiba inu was positive
Shiba Inu (SHIB), a cryptocurrency that has gained tremendous popularity and interest in recent months, is making waves again as its price shows signs of recovery. This week, SHIB price is expected to rise above the $0.0000065 range. In addition, on-chain data analysis revealed a significant increase in prosocial emotions among vibrant Shiba inu communities. After a tumultuous start to the month, SHIB investors are starting to feel more optimistic about the project's prospects. This new optimism can be attributed in part to Santiment's sentiment, which assesses the overall sentiment of the blockchain community by comparing the number of positive and negative reviews.



In addition to the positive sentiment, the Shiba Inu community received interesting updates from key people in the project. Famous Shiba Inu developer Masatoshi Kusama caused a stir when he posted a cryptic tweet about the upcoming product. Shortly after, another major contributor, Lucie Shib, confirmed the vitality of the project and her commitment to development in another tweet. According to the latest data from CoinMarketCap, SHIB is currently trading at $0.00000669, up 2.65% in the last 24 hours. In the past 7 days, the SHIB price has improved, and the emoji has increased by 7.29%.

The altcoin MATIC is highly volatile
Polygon has made a major announcement and launched "The Value Prop," an open database of blockchain use cases. This comprehensive catalog includes more than 300 applications and a variety of use cases across multiple business units, blockchain networks, and geographies. The initiative aims to demonstrate the positive applications of blockchain technology and showcase it as a multi-functional tool beyond asset trading.



Amid negative sentiment on blockchain technology due to regulatory pressure on major market players such as Binance and Coinbase, Polygon's move to highlight real-world applications is significant. This is in line with the belief of Web3 experts and industry participants that blockchain should be seen as a general-purpose technology for solving real-world challenges. Polygon is ramping up Web3 development to find new uses, in line with overall industry trends. Ripple (XRP) recently partnered with Banco de la Republica, Colombia's central bank, to explore blockchain use cases. This shows that the potential of blockchain technology beyond cryptocurrencies is increasingly recognized.

Polygon co-founder Sandeep Nailwal also launched the Nailwal Fellowship, a funding program that provides financial support and resources to early Web3 developers. The company promotes the Web3 ecosystem by providing funding, mentoring, and access to top founders and investors. Meanwhile, Polygon's native token MATIC is trading in positive territory, up 9% in the last 24 hours. According to TradingView charts, the price at the time of writing is $0.6228.

$10 XRP?
The SEC-Ripple litigation, which has been going on for more than two years, may soon be over. Mark Fagle, former regional director of the SEC's San Francisco regional office, expects a judge to rule on the XRP case in the coming days. In a tweet, Fagel responded to an XRP enthusiast who said the SEC's withdrawal of the case before summary judgment could weaken the presiding judge. A follow-up tweet said the delay in making a decision would strengthen the public relations argument that it influenced the judge's decision and led to further confusion.



Seeking to avoid speculation, Fagle said a court decision was expected in a few days. According to Fagel, any further delays in the case are due to the complexity of the case and not any hidden agenda. According to Fagel, a former SEC director, Ripple's case is very different from other recent enforcement actions launched by the securities regulator. He noted that the judge may not address the Hinman document or secondary market trading issues. However, these emails may be cited in decisions involving the liability of individual defendants.

Cardano: $5?
Cardano (ADA) is attracting great interest as analysts have high hopes for its price performance by the end of 2023. Citing the platform's solid foundation and expanding ecosystem, experts predict significant milestones and huge upside potential for ADA. However, investor concerns about recent price volatility have sparked debate about what is causing the ADA market volatility. 1.2 Sebastian Purcell, CEO of Capital Management, predicts Cardano prices will rise as the recent drop in ADA prices caused by SEC concerns has subsided and fears that investors may liquidate their holdings.



Analysts predict that the Ripple decision will significantly affect ADA's price. If Ripple wins, ADA could rise to the low range of 0.50. Even in a future bull market, if the result is negative, ADA may struggle to reach its previous all-time high. He stressed the importance of monitoring the Ripple case as it could affect ADA's performance. Forecasts that differ from other analysts, ranging from $5 to $10, indicate consensus among analysts that ADA will rise. These estimates are based on Cardano's growth in user base, interoperability and functionality. Due to its innovative approach to decentralized finance, Cardano has been hailed as a possible game changer in the crypto space.

In Arbitrum, this development bodes well for bullishness
Although Arbitrum governance token ARB has been steadily declining since its airdrop at the end of March, its ecosystem is showing healthy growth. A recent Nansen report showed that Arbitrum's activity improved after the airdrop and stabilized at a "higher level" than before the airdrop. Daily active users, gas costs, and transactions have been rising since April 2023. After the Aribtrum airdrop, the gap between Arbitrum's active users and Optimism widened to close in on Ethereum. Trading volumes on Arbitrum-based decentralized exchanges paint a similar picture, showing a significant increase in trading volumes after the airdrop.



In addition, Nansen's report revealed that ARB airdrop recipients accounted for only 5% of blockchain activity, while Arbitrum attracted more new users after the airdrop. Additionally, an upcoming update to Ethereum in the second half of 2023, called Cancun Deneb (Decun), will include EIP-4844 (proto-Danksharding), which will reduce Arbitrum's transaction fees and increase the blockchain's value proposition. In addition, the Arbitrum Foundation recently disclosed a backlog from sequencers, which are part of the Layer 2 fees that users pay to send data to Ethereum.

10
Cryptocurrency discussions / Can Apple save the Metaverse?
« on: June 08, 2023, 04:18:40 AM »
Media recently wrote that before Apple released the long-rumored Reality Pro headset, Meta CEO Mark Zuckerberg announced that the Meta Quest 3, the company's first consumer MR Headset, will go on sale this fall for $500. The meaning of Meta photobomb Apple is very obvious, the concept of meta-universe that has passed will not die out, and may shine again.
At the end of October 2021, Zuckerberg, the co-founder and CEO of Facebook with a Meta universe dream, officially announced that he would change the company's name to Meta. The new name Meta is taken from the word Metaverse, meaning metaverse.
A month later, Microsoft co-founder Bill Gates wrote in a blog post that within two or three years, he believes most virtual conferences will transition from a two-dimensional video grid to a three-dimensional meta-universe with digital avatars. Shortly thereafter, Microsoft announced that it would buy video game giant Activision Blizzard for $70 billion, saying that the deal would provide sufficient resources for the meta-universe. But after that, interest in the meta-universe suddenly stopped. Investors in the technology industry have turned their attention to new trends such as artificial intelligence. Despite the initial enthusiasm, companies such as Disney and Microsoft have discontinued some metacomes.
At Apple's upcoming Worldwide Developers Conference, the tech giant is expected to unveil its virtual reality hardware product: a high-tech headset that blends the digital and real worlds. Apple is betting it can use mixed reality products to attract consumers better than Meta. Meta's high-end Quest Pro headset has been underwhelming since its launch, and Apple could ignite mainstream consumer interest in virtual reality devices in a way that no other company has. According to current and former employees familiar with Apple's development plans, the Apple headset, which looks similar to ski goggles, is expected to cost $3,000.
Apple has done this before. Eventual hits such as the iPod, iPhone, and Apple Watch started in niche markets and later developed into mainstream products. But even Apple executives are skeptical about the company's prospects in virtual reality. Virtual reality, they say, may not be ready for its mainstream moment. Apple has so far declined to comment on the report.
For many investors, the idea of an immersive, all-encompassing online world makes more sense as people are forced to stay home during the pandemic. According to data compiled by PitchBook, metaunion-related startups raised about $660 million in venture capital in the first five months of 2023, down sharply from the $2.93 billion raised in the same period in 2022. PitchBook said the decline cuts the metaverse's recent start-up investment to about a quarter of its peak in the first half of 2022. Doug Creutz, an analyst at Cowen & Company, said the meta-universe investment craze - which comes and goes - is now focused on artificial intelligence. The former fans of the metaverse have long since changed their stance.
This year, Microsoft shut down AltspaceVR, a virtual reality world it acquired in 2017. The company also laid off some employees who worked on the HoloLens mixed reality headset, and canceled or reassigned teams that had been working on the metaverse project, according to people familiar with the matter. However, Microsoft said in a statement that it remains committed to the meta-universe and that it is rolling out 3D avatars for Microsoft Teams. Disney also laid off about 50 employees who had worked on the Metaverse project, according to people familiar with the matter.
As far as Meta is concerned, Zuckerberg's restructuring plan around a metaverse is costly. Meta's hardware division, Reality Labs, including its Oculus headset, has been a big part of Meta's spending increase in recent years. The division lost about $4 billion in the first quarter of this year. Zuckerberg warned that building the meta-universe would be a money-losing proposition with little promise of early returns, much longer than he expected. In recent months, while Zuckerberg has bristled at the suggestion that the meta-universe is no longer his focus, he and his assistants have indeed spent more time talking about Meta's expertise in artificial intelligence.
Ashley Zandy, a spokesperson for Meta, said: "We've always been clear that our vision for the meta-universe is long-term, and that hasn't changed. We are committed to the meta-universe vision and have seen good momentum. Not long ago, before Apple, Meta officially announced that its first consumer MR Headset Meta Quest 3 will be released in the fall of 2023, with a 128GB pricing of $499.99. To date, consumers have spent more than $1.5 billion on apps and games in Meta's Quest App Store.
For Apple, its new headset could be the start of a long-term plan to eventually bring a more popular virtual reality product, like a lightweight pair of glasses, to the market. Some analysts have suggested that Apple could take an experimental approach, evaluating how early adopters are using it and then making changes before marketing future versions to a wider audience. This is similar to what happened with the Apple Watch. The product was initially marketed as an iPhone accessory, but has since been redefined as a fitness device.
Despite the waning enthusiasm, many still believe that the metaverse will not die out completely. Long before Meta promoted the meta-universe, several companies were promoting the technology, such as Roblox and Epic Games, and these companies remain committed to their long-term vision. Matthew Ball, a venture capitalist, has written a book about the metaverse. Mainstream attention to the concept after Facebook's rebrand spurred outlandish predictions about whether people would spend time in an immersive online world, he said. It's more a matter of schedule mismanagement, Bauer said. The intense focus on the meta-universe for a short period of time, which some believe is here now, or will be here soon, is bound to disappoint many.
With tens of millions of participants, user-generated content, and a digital economy, Roblox and Epic Games, the developer behind Fortnite Royal, can offer a more compelling vision of the meta-universe. Roblox, a platform with millions of games often aimed at children, had 66.1 million daily users in the first quarter of 2023, up 22 percent from a year earlier. Craig Donato, the company's chief business officer, said Roblox is working to expand into other immersive online experiences, but a full-fledged meta-universe is still far off. "We're still very much in the beginning stages," Donato said.
In March, Epic Games released new tools designed to help Fortnite players create their own games on the platform and make money from them, giving a boost to the creation of Fortnite's online economy - a cornerstone of the metaverse vision that CEO Tim Sweeney has touted. Sweeney says that mainstream interest in the meta-universe has attracted people who aren't really interested in the field.
A lot of people try to follow this trend without actually delivering on their promises, he said. But if you look at the trend, it continues to grow, and it looks like it continues to grow exponentially.

11
With the rise of the meta-universe, a new meta-universe project called "Lucky Bird" is attracting attention from all over the world. As a special guest and the overall title of the Golden Music Festival, we had a chance to get a preview of Lucky Bird's ambitious vision and its remarkable contribution to the blockchain field.
Lucky Bird, led by Andreas, Head of Europe, is a visionary meta-universe project dedicated to building blockchain infrastructure and creating a truly connected NFT world for its users. Their vision is to connect various different metaverse products through Lucky Bird to create diverse blockchain products and drive the construction of Web3. In this system, blockchain technology will play a central role. Blockchain is a disruptive concept that represents a series of innovative ideas such as decentralization, openness and transparency, and programmable economy. With Lucky Bird, we can see that blockchain technology is reshaping our world in unprecedented ways.
However, Lucky Bird's innovations don't stop there. Today, we are excited to reveal in advance that Lucky Bird will soon be revealing its new ecology, the Wisdom3 education platform, at Golden Music Festival. It is a Web 3.0 education platform based on blockchain technology that brings a new learning experience to learners, educators and content creators. Its vision is to build the underlying Web 3.0 education protocol to drive change in education and create a more equitable and inclusive ecosystem for people.
Wisdom3 Academy, the core part of this platform, is dedicated to helping more people understand and learn about blockchain through education and training. It has a rich curriculum and flexible teaching methods to meet the learning needs of different students. Whether you want to understand the basics of blockchain or want to learn the advanced technology of blockchain in depth, Wisdom3 Academy can provide you with the best quality teaching services.
Ezekiel, Lucky Bird's COO, sees a whole new phase in the development of the cryptocurrency ecosystem that will enter in 2023, with cryptocurrencies transitioning from speculative investment to being built around Web3 as the core. ezekiel emphasizes that education is a key factor in driving the development of Web3, and the Wisdom3 education platform is being launched to fill this gap.
Lucky Bird's vision is groundbreaking and it is exploring a whole new path that will lead us to a more open, inclusive and innovative digital world. As the festival approaches, we encourage all attendees to keep an eye on Lucky Bird and its soon-to-be-released Wisdom3 educational platform. Let's all look forward to this project that can change our understanding and application of blockchain, and the role it will play in driving the meta-universe forward.
Of particular note, Ezekiel, the COO of Lucky Bird, will be delivering the keynote address at the festival. We expect him to provide insight into Lucky Bird's core philosophy on how they are driving the construction of Web3 and making education more open, equitable and inclusive through the metaverse project and blockchain technology. We are confident that his sharing will have a profound impact on our audience and open a new journey of Web3 exploration.
Lucky Bird, a name that means good luck and hope, is full of infinite possibilities and expectations, just like the future depicted by its meta-universe concept. It will help us gain a deeper understanding of concepts such as metaverse, blockchain, and Web3, and encourage us to seize the opportunities of this new era. At the upcoming Golden Music Festival, Lucky Bird will witness this historic moment with us, unveiling the mystery of the Wisdom3 education platform and starting a journey of discovery into the unknown. We believe that the birth of Lucky Bird and its Wisdom3 education platform will bring us a far-reaching change.
Let's look forward to the surprises brought by Lucky Bird and the bright stars of the Golden Music Festival together. The future is here, let's all hold on to this hope and run towards a new blockchain world.

12
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: April 21, 2023, 05:30:51 AM »
As a beginner, I believe in the future of cryptocurrencies and I spend my time on cryptocurrencies. however, I'm not sure how long it will take for cryptocurrencies to become universal. so i do not depend on cryptocurrencies.

13
BNB Chain had the most incidents during the quarter, while Ethereum saw the largest amount lost.

Hackers were able to gain access to more than $320 million in the first quarter of 2023 alone, according to on-chain data consolidated by blockchain security firm CertiK in its quarterly report.

The losses were significantly lower than in 2022’s first and fourth quarters, when hackers took around $1.3 billion and $950 million, respectively. According to CertiK, the low amount of losses may be linked to events happening off-chain that had an impact on the crypto industry as a whole, such as the issues with Silvergate Bank and the depegging of USD Coin
USDC at the height of the Silicon Valley Bank collapse.

Out of the funds stolen within the quarter, over $31 million was lost to 90 exit scams, while more than $222 million was lost in 52 flash loan and oracle manipulation exploits. Regarding incidents and the amount lost per blockchain, CertiK highlighted that BNB Chain had 139 incidents, the greatest number for the quarter. Meanwhile, despite having fewer incidents, Ethereum had $221 million in losses, the most lost in Q1 2023.

14
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes.

Ras Al Khaimah, one of the United Arab Emirate’s (UAE) seven Emirates, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attract global crypto players.

The RAK Digital Assets Oasis (RAK DAO) will be a “purpose-built, innovation-enabling free zone for non-regulated activities in the virtual assets sector.” Applications will open in the second quarter of 2023, the statement said.

The free zone will be dedicated to digital and virtual assets service providers in emerging technologies, such as the metaverse, blockchain, utility tokens, virtual asset wallets, nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs), decentralized applications (DApps) and other Web3-related businesses.

“We are building the free zone of the future for companies of the future,” said Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi, chairman of the RAK International Corporate Centre, the operator of the new free zone. “As the world’s first free zone solely dedicated to digital and virtual asset companies, we look forward to supporting the ambitions of entrepreneurs from around the world.”

Free zones or free-trade zones are areas where entrepreneurs have 100% ownership of their businesses and have their own tax schemes and regulatory frameworks, except for the UAE’s criminal law.

15
The Fed will not save the U.S. from recession with rate hikes, and risk assets will suffer, Michaël van de Poppe warns.

Amid confusion over how incoming U.S. macroeconomic data may affect market sentiment, Van de Poppe says there is an increasing chance that the rebound seen in crypto and stocks this year may flip bearish.


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