Leo Magazine #16: Coinbase, FileCoin and IPFS, Robinhood, Ethereum , Gemini, Diva Protocol plus more!
(Edited)
Hello!
Here is another edition of LeoFinance Magazine and we have picked some of the best articles published in leofinance.io this week for your read. You just need to sit back and enjoy the selections.
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| Title | Summary |
|---|---|
| Will Eth Flip Bitcoin? by @melbourneswest | In this article, the author explores the idea of Ethereum becoming the leading cryptocurrency, surpassing Bitcoin. There are various factors that could contribute to this outcome, such as the rising popularity of DeFi (decentralized finance ) and the development of the Ethereum 2.0 upgrade. It seems difficult in the current market situation but we can not deny for the future. Read this article to know more. |
| How Long Will It Take For Bitcoin to Go Mainstream? by @johnwege | If we consider the potential timeframe for Bitcoin to achieve overall adoption as a mainstream currency. The author discusses various factors that could impact this process, such as regulatory frameworks, technological advancements, and public perception of cryptocurrencies. Major financial institutions and companies are exploring the Bitcoin and the crypto market. While we acknowledge the existing barriers to Bitcoin's mainstream adoption the future seems to be bright. This article is worth reading to know more about it. |
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| Title | Summary |
|---|---|
| The Final Crypto Winter? by @bitcoinflood | The author explores the possibility of a downturn in the cryptocurrency market. The current market seems more stable and even the Bitcoin price has not been fluctuating a lot since the last few weeks. This can be a sign that we are heading towards the crypto winter howeveer its also expected that this will be time taking process to enter the bull cycle. Get the details here. |
| Filecoin (FIL) and IPFS: Revolutionising cloud storage by @forexbrokr | We are moving towards digital life and as a result, there is an increase in demand for cloud storage. This article highlights the unique features of Filecoin, including its decentralized storage network and incentive system. This is more of the cloud data storage for content and its management through the smart form of technology. Filecoin seems like a good project that is revolutionizing cloud storage. Read this article to know more. |
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| Title | Summary |
|---|---|
| Why Getting Into Crypto Early Is So Important by @cryptoandcoffee | There is a higher possibility for high returns in crypto investment, and we have seen some examples where early adopters have made a good amount of money. There are benefits of accumulating cryptocurrency with a long-term strategy and its always recommended to avoid FOMO. Even disciplined investing is recommended and DCA can be considered as a good method. Read more in the article. |
| Robinhood Users Can Buy Crypto Directly From Personal Wallet by @rezoanulvibes | Robinhood has announced that now its users can transfer cryptocurrencies directly to their wallets. This is a good update for their users as earlier only trading options were provided. Because of FTX's collapse, Robinhood has been benefitted from more users, and its good that they adding more services to their platform. This post explains it in detail. |
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| Title | Summary |
|---|---|
| Coinbase Begs the SEC For Clarity by @khaleelkazi | Coinbase crypto exchange has requested regulatory clarity from the SEC for crypto lending products. The author (khaleelkazi) explains the importance of this move, including the possible impact on other crypto companies offering similar products, and provides context around the regulatory environment for cryptocurrencies. In this article, he also examines the role of the new SEC Chairman Gary Gensler and his views on cryptocurrencies, as well as the potential consequences of Coinbase's request for regulation clarity. |
| Bitcoin Is Perfect Money For Transactions Between Countries by @geekgirl | There are some advantages of using Bitcoin for cross-border transactions it offers benefits such as lower transaction fees, faster processing times, and greater security compared to traditional payment methods. Bitcoin can also help us by providing financial services to unbanked populations in developing countries. Cross-border payments and remittances can be simplified with crypto and check out the article for more. |
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| Title | Summary |
|---|---|
| Is Ethereum Withdrawn After The Shanghai Update Enabled Unstaking by @dalz | The article by dalz analyzes the impact of the Ethereum Shanghai upgrade on the withdrawal activity of top wallets. He tracks the withdrawal patterns of top Ethereum wallets before and after the Shanghai upgrade, which enabled users to unstack their Ethereum holdings. The article presents graphs and charts that show a decrease in the amount of Ethereum withdrawn from top wallets after the upgrade. Check out the post for more details. |
| Buy Low, Sell High. How Do You Actually Do That? by @acesontop | Everyone wants to buy low and sell but this not so easy and we don't know if the prices are on the bottom or not. We can figure out to have an idea through technical indicators but not everyone is familiar with this. The author has explained it well in this article. |
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| Title | Summary |
|---|---|
| Gemini Cryptocurrency Exchange Enters India by @reeta0119 | Gemini is one of the leading exchanges in the US and now they have announced that they are going to enter in Indian crypto market. The exchange already has its presence in Singapore and this is part of the expansion strategy in the Asia Pacific region. Read more in the post. |
| How To Unfreeze An Account That Has Been Frozen Due To Crypto Transactions? by @luckyali | There is a lot going on in India and some time back bank accounts were frozen because of crypto transaction. Author has explained the process to unfreeze the account and this is worth reading post. |
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| Title | Summary |
|---|---|
| Why are businesses leaving California? by @doitvoluntarily | Many businesses have left California in recent years looking for something better and this is a concerning situation. This is because of high taxes, stringent regulations, and a high cost of living as the major factors driving businesses away from California. More information is provided in the post. |
| Stepping Towards Dual Exchange Rate System by @idiosyncratic1 | idiosyncratic1 discusses the potential benefits and drawbacks of a dual exchange rate system for the global economy. He also analyzes the historical development of exchange rate systems and their limitations before introducing the concept of a dual exchange rate system. The article examines the advantages of such a system, including the potential to promote exports and economic growth while providing financial market stability. Read more in the post. |
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| Title | Summary |
|---|---|
| Read A Book In 10 Mins With Chat GPT! by @finguru | Technology makes our life easy and the author has shared some useful steps in this article that can help us get the summary of books. This post is worth checking to know the steps. |
| Diva protocol gears up towards mainnet by @tfame3865 | Diva protocol is a decentralized storage solution that utilizes blockchain technology to create a secure and reliable network for storing and sharing data. This project is not gearing up for the main net and you can check out more about this in the post. |
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Hope you enjoyed the reading and thank you so much for your time. I hope that you have enjoyed reading the selection and that its worth your time. Please try engaging with authors as they will appreciate any form of engagement, you can provide.
See you in the next edition!
Tagged on Request:-
@marajah, @ijelady, @peniel2010, @ksam, @princessbusayo, @rhozolive, @beauty197, @sammyhive, @katerinaramm, @justiceanietie, @luchyl @fokusnow
Reply in the comment if you want me to tag you next time or if you like to get removed.
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I really do appreciate sir am very much in do well to always tag me
Sure. Will do.
You're doing a good job and this is a way to motivate people to continue writing
Congratulations to the picked ones
Glad you like it. Thank You
Impressive selection, i will definitely go through some of the articles and engage with those that look interesting to me.
Thanks buddy.
Thank you for the mention, i will read all later. I love the collection. Good job
Thanks for encouraging words
Another wonderful contents full of information to check again this week.
Good work 👍👍
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Appreciate your nice words
Yay! 🤗
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This is really educative. Thank you for sharing such an important updates.