PlebBTC Stacker

36 posts
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Ethereum Classic – Riding The Coattails Of Ethereum – Will It Grow?

Yes! Although Vitalik Buterin's cryptocurrency maintained its name, logo, and exchanges listings, Ethereum Classic (ETC) holds the original block sequence. The dispute happened in July 2016, when a hacker drained 3.6 million Ether (ETH) coins from a decentralized application, The DAO. At that time, it...
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Ethereum Max Is A Terrible Project – Why Do Celebs Shill It?

One would think Kim Kardashian, entrepreneur, and actress, Instagram’s account hacked. After all, shilling an obscure altcoin made no sense for a 250-million followers account. Besides being a well-known celebrity and influencer, Kim owns her own beauty line, KKW Beauty, a fragrance line, besides shapewear...
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How To Create (Mint) NFTs In 6 Easy Steps

By now, you’ve probably heard about a non-fungible token (NFT) being sold for $1 million or higher. CryptoPunks, Bored Apes, Ether Rocks are among the most famous, to name a few. For those unfamiliar, an NFT is a certificate of authenticity registered on a blockchain...
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DeFi Risks Explained – It Runs Deeper Than Bad Coding

The adjusted total value locked in DeFi smart contracts has grown to $80 billion from $8 billion in one year. In traditional finance, there's always an intermediary. If an entity acts fraudulently, it is possible to prosecute them. There are also the regulators enforcing risk...
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Earning Yield – Does it Cancel Out Negative Price Movements – A Look at Cosmos

Not every cryptocurrency relies on energy-consuming mining protocols to validate transactions. Cosmos (ATOM) solves Ethereum scalability problems by using a hybrid Proof-of-Stake mechanism. Instead of spending thousands of dollars on mining equipment, network validators deposit a stake (collateral) to guarantee their honesty. In some cases,...
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Crypto.com – A Guide to CRO and its Features

Crypto.com is a digital assets wallet, but there's much more behind it. Users can buy and sell over 100 different crypto assets using multiple fiat currencies. The platform also has an integrated VISA prepaid card with a generous cashback. More than 10 million users trust...
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How Much is Silver Worth? Does it Compete with Bitcoin?

Silver is usually described as "poor man's gold," although it has more similarities with copper. In the 1980s and 1990s, silver went through a period of appreciation, but the trend reversed over the last 2 decades. Thus, its value distanced itself from gold. How much...
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CryptoPunks Sales Surpass $1 Billion

You might think it's a joke, but I guarantee it is true. CryptoPunks are digital avatars created by an algorithm and registered on the Ethereum blockchain. In fact, anyone can download the image from the internet, but the owner can brag about having the non-fungible...
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How Do Decentralized Exchanges (DEX) Work?

Decentralized exchanges (DEX) platforms that offer conversion between different crypto assets. Its use does not depend on a central organization, relying exclusively on smart contracts registered in the blockchain. DEX emulates the functions of traditional exchanges, although usually without the "Order book" with prices and...
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Are There Really Crypto Cards Out There?

Are They Really Crypto Credit Cards?No. In fact, those are prepaid debit cards. In this model, the user “loads” the balance with cryptos, and at the time of purchase, the sale to the fiat currency occurs automatically. In other words, the company offering the service...
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Do CME Futures Expiries Cause Bitcoin Dumps?

Since launched back in December 2017, the CME Bitcoin futures (Chicago Stock Exchange) has been regarded as a bearish instrument. After all, its first trading week marked the $20,000 Bitcoin "bubble burst". An Arcane Crypto study from 2018 and 2019 found a 2% price drop...
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What Are Privacy Coins, And Will They Be Able To Survive Regulation?

Monero (XMR), ZCash (ZEC), and DASH have been the leading cryptos offering on-chain privacy to various degrees, meaning users can hide transaction sizes and address balances. Although Bitcoin and Ether work using pseudonyms, otherwise known as addresses, it is reasonably easy to cross-reference IP addresses...
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How To Reduce Costs And Improve Your Future Contracts Trading

Firstly, there’s the funding rate, which is usually charged every 8-hours to balance the leverage used from both buyers (longs) and sellers (shorts). On the bottom-right side of Digitex, you can check the funding rate for the selected pair. This fee will usually be negligible...
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Forget Taproot And The London Fork – Focus On The Crypto Trilemma

Blockchain, a core technology behind decentralized data networks, has a big problem. As it became known, the crypto trilemma reflects the utopian solution of simultaneous decentralization, scalability, and security on systems that do not rely on a single entity. For example, one could use AWS...
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Could Grayscale GBTC Unlock Be Positive For Bitcoin?

Grayscale GBTC is a trust that holds over 650k Bitcoin for its clients. To provide this service, the fund manager charges a 2% annual fee, and to make things worse, there is no redemption available. Even though GBTC shares trade on stock markets in the...
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Decentralized Apps Besides Finance (DeFi) and Collectibles

Everyone knows a handful of decentralized finance (DeFi) applications, including Uniswap and Pancakeswap DEX exchanges, Compound and Aave lending platforms, or yield aggregators like Yearn Finance. However, not many people know that there is growing activity in other decentralized segments such as social networks, gambling,...
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5 Biggest Crypto Trading Mistakes – How to Avoid Them

Mistake 1 - Believing Exchange Order Books Coinbase, the largest trading venue, undoubtedly has the best reputation among the exchanges. The exchange has been registered as a Money Services Business with FinCEN since 2016 and was issued an e-money license by the United Kingdom's Financial...
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5 Cool Things the Bitcoin Lightning Network Can Do

Bitcoin's Lightning Network allows its users to send satoshis vastly faster and more cheaply than Bitcoin's primary network. Using a "secondary network," these transactions have different rules for accounting payments outside Bitcoin's blockchain. However, these transactions are eventually settled and recorded as a regular transaction...
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Why do Futures Prices Differ so Much Between Exchanges?

We’ve all seen some price discrepancies on regular spot trading markets. Ethereum can reach a $20 gap between exchanges, but that usually doesn’t last long as market makers and arbitrage desks have bots specifically designed to profit from that. Therefore, it is unusual to find...
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Call Options, Who Can Benefit From This Derivative?

Options contracts are derivatives instruments that might seem complex initially, but the basic strategies are relatively simple. Let’s picture a cryptocurrency miner, for example. His costs are steady: utilities, loan payments, rent, ASIC machines maintenance, internet provider, staff, and similar. However, miners’ revenues are incredibly...
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Five free tools that will make you a better crypto analyst

There are some fantastic crypto on-chain and trading tools out there, such as TradingView and CryptoQuant. Unfortunately, not everyone can afford the $100 or higher annual fees, especially when you need 4 or 5 different services. However, some alternatives provide top-quality data for free. One...
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How Can a Crypto be Ranked Differently on Different Websites?

These specifics create irregularity when measuring the outstanding number of coins, leading to divergent market capitalization analysis. This leads to an age-old question in crypto circles... Is Market Capitalization a Reliable Metric? Cryptocurrency traders have used market capitalization as the single most relevant metric. All...
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Mind the physical backup, even when using hardware wallets

New users have a general misconception that hardware wallets are used to store cryptocurrencies, but this article explains how this is far from true. Hardware Wallets Deceitful links, exchange hacks, DNS servers' hijack, and malicious applications. There have been numerous cases of cryptocurrency theft over...