Trading signals and online forecasts Ethereum/USD

NZD/USD: on the way to break through the 0.6160 markAfter the release of inspiring data on the state of the New Zealand economy, the NZD/USD currency pair is showing an uptrend, reaching 0.6150. The index of business activity in the service sector, which is compiled monthly by Business NZ based on surveys of managers of private sector enterprises, rose to 52.1 points in January, surpassing both initial forecasts and previous results, thereby indicating an increase in optimism among entrepreneurs. This phenomenon is also confirmed by the composite indicator, which reached the mark of 50.0 points, which is also higher than expectations and previous indicators.Market analysts are observing a stable uptrend, with key support near the 0.6050 level. During February, despite repeated attempts to break through this mark, the price headed up from 0.6050 to resistance at 0.6160. A breakthrough and steady consolidation above 0.6160 portend further growth with potential targets at 0.6205 and 0.6262 levels. If the opponents of growth maintain control over the 0.6160 mark, a decline to the key level of 0.6050 is possible, whose breakdown will indicate a change in the long-term downward trend.Resistance levels: 0.6160, 0.6205, 0.6262.Support levels: 0.6050, 0.5865.Gold price analysisGold is strengthening, continuing the trend that began in the middle of the previous week, when the value of the precious metal rebounded from the minimum values recorded on December 13. At the same time, the latest data from the United States, published on Friday, had little effect on its value, despite the fact that they provoked a revision of expectations about an imminent reduction in interest rates.The producer price index in the United States in January increased by 0.3% for the month and 0.9% for the year, exceeding analysts' expectations, which assumed an increase of 0.1% and 0.6%, respectively. Core inflation, excluding the cost of food and energy, also accelerated, showing an increase of 0.5% for the month and 2.0% for the year, which also turned out to be higher than forecasts. These data forced experts to reconsider their forecasts regarding the policy of the Federal Reserve System, now it is expected that the interest rate cut may be postponed until the summer. The probability of such a move in June is estimated at 69%, although some analysts do not rule out changes already at the May meeting.Resistance levels: 2030.00, 2039.21, 2050.00, 2065.00.Support levels: 2015.30, 2000.00, 1987.29, 1972.85.Cryptocurrency market analysisSince the beginning of February, Bitcoin has significantly strengthened its position, aiming to steadily gain a foothold above the $52,000 level, with current trading around $52,400.The rise in the value of bitcoin is supported not only by an increase in investments in bitcoin ETFs, but also by the anticipation of halving expected in April. Analysts record record inflows of funds into cryptocurrency funds: if in the first week of February the volume of investments amounted to $ 1.1 billion, then the next week it was already $ 2.2 billion. The average daily volume of investments in bitcoin-related ETFs remains at around $500 million, with a special preference for American investors who become more active during trading in their market. The expected halving further contributes to the increase in value, as miners become more cautious in selling mined coins, which leads to a decrease in their supply on the market. Reports show a decrease in sales from miners from 800 BTC at the end of last year to less than 300 BTC at the beginning of 2024, while interest from ETF issuers is growing, exceeding 12 thousand coins.Resistance levels: 53125.00, 56250.00.Support levels: 50000.00, 48437.50, 46875.00.Oil market analysisLast week, WTI crude oil prices peaked at $ 78.61 per barrel, but today showed a slight correction to $ 78.16, remaining relatively stable amid reduced activity due to the celebration of Presidents' Day in the United States.The risks of an escalation of the conflict in the Middle East continue to support oil prices. Analysts from the Institute of International Finance in Washington suggest that the forces of the pro-Iranian Hezbollah movement and Iran may join the conflict, which could lead to a slowdown in global GDP growth to 2.4% and a decrease in world trade to 1.6%. Tensions in the Red Sea region are also contributing to instability, especially after reports of an attack on a British oil tanker en route to India by the Yemeni Ansarullah movement. These events highlight maritime safety issues, forcing exporters to look for alternative shipping routes and thereby increasing the cost of transporting raw materials.Resistance levels: 78.61, 83.50.Support levels: 75.14, 72.11, ...

AUD/USD: the pace of corrective dynamics in the currency pair has decreasedThe AUD/USD currency pair shows uncertain trends, holding near the level of 0.6590, in anticipation of new economic incentives in the absence of significant macroeconomic data. Analysts noted that the People's Bank of China maintained its key interest rate at 3.45%, while the five-year rate affecting mortgages remained at 4.20%.In Australia, December data on business climate indices from the National Bank of Australia is expected to be published in the near future, as well as January business activity indicators in the service and manufacturing sectors from the Commonwealth Bank. In the United States, preliminary data on business activity in the manufacturing and services sectors from S&P Global are due to be published in January.In its economic report on Australia, the International Monetary Fund (IMF) predicts a return of inflation to the target range of 2.0–3.0% only by 2026, in contrast to the expectations of the Reserve Bank of Australia (RBA) for 2025. The RBA recommended a further increase in rates to effectively control the growth of consumer prices.Resistance levels: 0.6600, 0.6630, 0.6662, 0.6700.Support levels: 0.6543, 0.6500, 0.6450, 0.6400.Gold price analysisThe price of the precious metal is experiencing a slight decline in conditions of moderate market activity, fluctuating around the level of 2022.30 and moving away from the peak values of January 16 reached last week.Gold continues to receive limited support due to growing geopolitical tensions in Eastern Europe and the Middle East, where the United States and its allies are seeking to secure transport routes in the Red Sea. At the same time, pressure on gold prices is increasing due to lower expectations about the imminent easing of monetary policy by the world's largest central banks. The president of the Federal Reserve Bank of Chicago, Austan Goolsby, said on Friday that the US Federal Reserve needs convincing evidence of a steady decline in inflation to make a decision to cut rates. The latest macroeconomic data and comments from officials led to a decrease in the probability of an interest rate change in March to 53.0%, compared with the previously expected 70.0% in the previous week.Resistance levels: 2030.00, 2041.77, 2050.00, 2065.00.Support levels: 2015.30, 2000.00, 1987.29, 1972.85.Crude Oil market analysisWTI Crude Oil is below the resistance level of 74.50, reflecting the stabilization in the market.In light of the ongoing tensions in the Middle East, many tankers choose routes bypassing the Red Sea. A positive impetus for oil is also created by an increase in the expected demand for fuel this year. The revised forecasts of the International Energy Agency (IEA) suggest an increase in consumption by 1.24 million barrels per day, which is less than the increase anticipated by OPEC by 2.25 million barrels per day. A recent report from the Energy Information Administration of the U.S. Department of Energy (EIA) showed a decrease in oil reserves by 2.494 million barrels, exceeding forecasts of 0.313 million barrels. At the same time, gasoline inventories increased by 3.083 million barrels, and distillates — by 2.3760 million barrels.Resistance levels: 74.48, 79.16.Support levels: 68.27, 64.01.Cryptocurrency market analysisToday, the bitcoin price is experiencing a correction, approaching a medium-term uptrend and reaching a level of about 40650.00.The main factors influencing the decline in the value of the first cryptocurrency include the restrained reaction of institutional investors to the recent launch of bitcoin ETFs, as well as concerns about a possible delay in easing the monetary policy of the US Federal Reserve System until the second half of the year. Recall that the US Securities and Exchange Commission (SEC) recently approved 11 applications for the creation of new ETFs based on BTC, but the trading volumes of these instruments turned out to be less significant than expected. The inflow of funds slowed down: on Thursday it amounted to 4.5 billion dollars, on Friday — 3.1 billion, on Tuesday — 1.8 billion and on Wednesday — 1.5 billion dollars.Grayscale Investments CEO Michael Sonnenschnein opined that of the 11 new spot ETFs, only two or three will be able to attract new players to the market, while the rest are likely to be unsuccessful. Peter Schiff, president of Euro Pacific Capital Inc. and a well-known critic of cryptocurrencies, suggests that the value of digital assets will continue to fall after the initial demand subsides.Resistance levels: 43750.00, 46875.00, 48437.50.Support levels: 40625.00, 39100.00, ...

GBP/USD: strong prospects for continued growthThe GBP/USD trading instrument tends to grow within the framework of a stable medium-term upward trend, trading near the level of 1.2770.This rise is reinforced ahead of the announcement of important US inflation data for December, which may affect the next steps of the US Federal Reserve System. Forecasts indicate a possible increase in the consumer price index from 0.1% to 0.2% monthly and from 3.1% to 3.2% in annual terms. In the event of such an increase, the Fed may delay the interest rate cut, which will strengthen the dollar's position against other currencies. However, it is expected that any correction will be moderate, as the market continues to believe in a change in monetary policy: experts foresee three rate cuts during the year, and participants in the futures market for federal funds predict up to five decreases.Resistance levels: 1.2890, 1.2939.Support levels: 1.2573, 1.2451, 1.2329.Silver price AnalysisA correction is taking place in the precious metals market, more due to technical rather than fundamental reasons, as a result of which silver quotes stabilize at the level of 23.02.By the end of the year, investors in the global market are liquidating their positions to review the balance of their portfolios. According to the report of the Chicago Mercantile Exchange (CME Group), the volume of silver futures trading decreased by the end of the year to an average of 42.3 thousand positions, but in the first week of the new year it rose to 57.8 thousand contracts. A decrease in the volume of positions in the asset affects its price, which was seen at the beginning of the year: the price of silver fell from $ 24.3 per ounce to the current $ 23.02 amid the growth of the USDX, with which silver has an almost perfect inverse correlation, in January the index rose from 100,500 to 102,000 points.Another technical factor influencing the fall in silver prices is the growth in the bond market, which is a competitor for metals due to their high reliability and low volatility. Over the past week, the yield on the leading 10-year government bonds increased from 3,809% to 4,000%, prompting some investors to choose them as an investment object.Resistance levels: 23.38, 24.10.Support levels: 22.70, 22.10.Cryptocurrency Market OverviewThis week, the Solana pair is showing an active recovery, reaching 105.55 today. The growth of quotations was facilitated by the approval by the US Securities and Exchange Commission (SEC) of the launch of spot bitcoin ETFs.Eleven new exchange-traded funds, including products from well-known investment giants such as BlackRock Inc. and Fidelity Investments, may be launched soon, perhaps even today. This will give investors easier access to cryptocurrencies and facilitate asset management, allowing them to purchase products that track BTC price changes in a similar way as it happens with stock and bond index funds, bypassing the need to visit cryptocurrency exchanges and open digital wallets.Experts expect that the bitcoin ETF will attract about $ 30 trillion to the market, but they assume that the growth of investments will be gradual. This is confirmed by the moderate strengthening of the main cryptocurrency pairs, as the market has already anticipated this news and incorporated it into current prices. Meanwhile, SEC Chairman Gary Gensler noted that the approval of bitcoin ETFs does not mean that the regulator will stop considering digital currencies as securities.Resistance levels: 103.40, 119.35, 125.00.Support levels: 81.25, 69.40, 50.00.Crude Oil Market OverviewDuring the Asian trading session, Brent Crude Oil is experiencing growth, trying to gain a foothold above the 77.20 mark against the background of a weakening US dollar before the publication of important inflation data.The consumer price index is expected to increase from 3.1% to 3.2% per annum and from 0.1% to 0.2% monthly. The base index, excluding the cost of food and energy, is expected to adjust from 4.0% to 3.8% per annum, remaining at 0.3% monthly. On Friday, the information on inflation statistics will be supplemented with data on the producer price index for December: the indicator is expected to grow from 0.9% to 1.3% monthly and from 0.0% to 0.1% per annum, while the base indicator may decrease from 2.0% to 1.9%.Oil prices also received support from data from the American Petroleum Institute (API) on commercial reserves, which decreased by 5,215 million barrels in the week of January 5, after a previous decrease of 7,418 million barrels, although analysts expected a decrease of only 1,200 million barrels. The report from the U.S. Department of Energy's Energy Information Administration (EIA) was more moderate, showing an increase in inventories of 1.340 million barrels compared with an expected decrease of 0.675 million barrels and a previous drop of 5.503 million barrels.Resistance levels: 77.00, 78.00, 79.12, 80.00.Support levels: 76.05, 75.04, 74.00, ...

EUR/USD: the market expects the release of data from the German industrial sectorThe EUR/USD pair is showing mixed trends, stabilizing near the 1.0950 level in anticipation of new market incentives. Today, the focus is on November data on German industrial production, where a modest 0.2% increase is expected after a previous 0.4% decline. Statistics on unemployment in the eurozone will also be presented, which is expected to remain at 6.5%.In the United States, this week will be marked by the publication of a report on consumer inflation, which has a significant impact on the country's future monetary policy. Previously released inflation data from the eurozone showed worse than expected results: the consumer price index increased to 2.9% year-on-year in December, instead of the expected 3.0%, and on a monthly basis - an increase of 0.2% after the previous fall of 0.6%. Core inflation slowed to 3.4%, which is also lower than the expected 3.5%. In addition, the German economy received support from the November dynamics of exports, which grew by 3.7%, exceeding expectations of 0.3%. Despite a significant increase in exports to the EU (5.8%), there are concerns about difficulties with maritime transport through the Suez Canal, which may complicate the situation in the industry. In Germany, the volume of orders increased by only 0.3%, which is significantly lower than the expected 1.0%. Retail sales in the eurozone fell by 0.3% monthly and 1.1% per annum in November, falling short of the projected 1.5%.Resistance levels: 1.0964, 1.1000, 1.1050, 1.1100.Support levels: 1.0930, 1.0900, 1.0850, 1.0800.AUD/USD: the Australian dollar strengthened its position in the pairDuring the Asian trading session, the AUD/USD pair shows stability, remaining near the 0.6715 level in anticipation of new market catalysts.The current state of the market is supported by balanced macroeconomic data from Australia. In particular, retail sales increased by 2.0% in November, in line with forecasts and showing a 2.2% improvement compared to last year. The number of construction permits issued increased by 1.6%, reaching 14,529 thousand, although in the private sector there was a decrease of 1.7% to 8,506 thousand. Nevertheless, the construction of residential buildings increased by 6.7% to 5,856 thousand. Housing construction costs decreased by 2.0% to 6.33 billion Australian dollars, and commercial construction costs decreased by 18.0% to 4.91 billion Australian dollars.The US dollar ended yesterday at 101.900 in the USDX index, as investors refrain from active actions ahead of important inflation statistics to be published on Thursday at 15:30 (GMT+2). The consumer price index is expected to increase from 3.1% to 3.2% year-on-year and by 0.2% month-on-month in December, which may significantly affect the likelihood of launching a program to ease the monetary policy of the US Federal Reserve System.Resistance levels: 0.6750, 0.6850.Support levels: 0.6670, 0.6560.Cryptocurrency Market OverviewThis week, the ETH/USD pair registered a significant increase, following the general positive trend of the market: the exchange rate reached the level of 2358.00, although later some of the positions won were lost. Nevertheless, the prospects for further strengthening of the upward movement remain high.The positive price dynamics continues to be based on expectations of approval by the U.S. Securities and Exchange Commission (SEC) on the launch of a spot bitcoin ETF. A decision on this issue is expected on Wednesday, and experts mostly assume a favorable outcome for the crypto market. An important sign of this was the SEC's recent warning to investors about the risks of buying digital assets, which many see as an attempt by the regulator to minimize its responsibility if the ETF is approved. It is expected that BlackRock Inc. will be the first to launch a new financial instrument, although it is possible that the SEC will approve all submitted applications, their number currently exceeds a dozen.Resistance levels: 2375.00, 2500.00, 2625.00, 2570.00.Support levels: 2125.00, 2000.00, 1875.00.Crude Oil Market OverviewPrices for benchmark Brent Crude Oil are experiencing a correction, trading slightly above the $76.00 mark.This negative trend is caused by changes in the pricing strategy of the state oil company Saudi Aramco, which announced earlier this week a reduction in oil prices for Asian, European and American buyers. In particular, the price of the Arab Light variety for Asia decreased by $ 2 per barrel, reaching a minimum in the last 27 months. A similar decrease was observed for the Extra Light, Arab Medium and Arab Heavy varieties, as well as for supplies to the United States and Northwestern Europe. As a result, the price of Arab Light with February delivery turned out to be only 0.9 dollars higher than Brent Crude Oil, which is the minimum gap over the past two years, and for the Mediterranean countries the difference was only 0.4 dollars.As for investor interest in oil contracts, there has been a noticeable increase in trading volumes since the beginning of the year: the average number of contracts for WTI Crude Oil on the Chicago Mercantile Exchange (CME Group) has reached 824.3 thousand since January 3, which is significantly higher than at the end of last year, when it was only 511.2 thousand contracts.Resistance levels: 77.50, 80.60.Support levels: 75.20, ...

EUR/USD: the eurozone price index fell below zero for the first time since JuneThe EUR/USD currency pair is experiencing a moderate decline, correcting after a significant increase a day ago, when new highs were reached on December 15. At the moment, the pair is checking the 1.0970 level for the possibility of overcoming it downwards, while traders are cautious in opening new positions in anticipation of fresh data from the EU and the USA.The main focus of investors is on the November consumer price indices in the eurozone: the index fell monthly from 0.1% to -0.6%, reaching a negative mark for the first time since June, and the annual indicator fell from 2.9% to 2.4%. The base index also showed a decrease from 0.2% to -0.6% on a monthly basis and from 4.2% to 3.6% on an annual basis. This indicates a weakening of inflationary pressures in the region's economy, but the European Central Bank (ECB) can begin easing its monetary policy only after confirming the sustainability of this trend. Today, investors will follow the statistics of consumer confidence in Germany from Gfk Group with a forecast for January: a slight improvement in the indicator is expected from -27.8 to -27.0 points. It is also expected to publish November data on industrial inflation, where a decrease in the producer price index by 0.3% is forecast after -0.1% in the previous month and an annual correction from -11.0% to -7.5%. Additionally, the German Bundesbank's monthly report will be released today, which can provide more accurate forecasts regarding future economic growth and inflationary trends.Resistance levels: 1.1000, 1.1050, 1.1100, 1.1150.Support levels: 1.0964, 1.0930, 1.0900, 1.0850.Gold price AnalysisThe precious metal is returning to the significant spring level of 2050.0 and is preparing to exceed it, currently trading around 2040.0.The increase in the value of gold is taking place against the background of a rapid decline in government bond yields. Experts attribute the recent downward correction in mid-December to a temporary increase in the value of securities, and their subsequent decline led to an increase in interest in metal assets. Currently, the most sought-after 10-year bonds are trading at a yield of 3.911%, whereas on December 10 their yield was 4.239%. During the same period, gold rose from the level of 1970.0 to 2040.0. This trend is likely to continue, which will support gold prices.Resistance levels: 2050.0, 2080.0.Support levels: 2025.0, 1988.0.Cryptocurrency Market OverviewThis week, the Ripple cryptocurrency experienced a decline within the framework of the general market trend and is currently actively checking the 0.6055 level (38.2% Fibonacci retracement), however, it has not yet managed to gain a foothold below this mark.The beginning of the Ripple price correction was tracked last week, when the results of the US Federal Reserve meeting were announced. Investors reacted positively to the prospect of a threefold reduction in interest rates in 2024, which contributed to an increase in prices for leading cryptocurrencies. However, subsequent comments on the results of the Fed's decision caused disappointment among market participants and led to a correction. Most members of the American regulator continue to adhere to a cautious position on the issue of changing the current monetary policy, believing that the decision to lower rates will depend on new economic data. Some members of the Federal Reserve System, including New York Fed President John Williams, do not rule out the possibility of raising interest rates if necessary.Resistance levels: 0.6348, 0.6890, 0.7324, 0.7812.Support levels: 0.5859, 0.5371, 0.4883.Crude Oil Market AnalysisDuring the Asian trading session, WTI Crude Oil shows fluctuating dynamics, remaining near the level of $ 74.00 per barrel.Yesterday's rise in oil prices was caused by the weakening of the US dollar and problems in transporting oil through the Red Sea, through which about 10% of the world's oil supplies pass, as a result of Houthi attacks from Yemen on ships bound for Israel. BP Plc., Frontline Plc., Equinor ASA, MSC SA, A.P. Moller-Maersk AS and Hapag-Lloyd have already abandoned the use of this route, which may lead to higher energy prices and delays in delivery. On Monday, the Pentagon announced the launch of Operation Guardian of Prosperity, in which countries including the United States, Britain, France, Italy, the Netherlands, Norway and Spain will cooperate to ensure security in the southern Red Sea and the Gulf of Aden. However, the likely crisis is expected to be on a local scale, and oil companies are likely to be able to quickly adapt their logistics schemes. The United States and allies also plan to provide safe routes for tankers in the Red Sea.Meanwhile, in the United States, the number of construction permits issued in November decreased by 2.5%, from 1.498 million to 1.46 million, which was below market forecasts of 1.47 million, while the number of new home construction projects increased by 14.8%, from 1.359 million to 1.56 million, exceeding analysts' expectations of 1.36 a million.Resistance levels: 74.00, 75.00, 76.00, 77.00.Support levels: 73.00, 71.77, 71.00, ...

USD/JPY: trend reversal in the pair has been confirmedContinuing the downward trend after yesterday's drop in the US dollar, the USD/JPY pair is trading at 141.78.The sentiment index of large Japanese manufacturers from Tankan increased from 9.0 to 12.0 points in the fourth quarter, while the indicator of their business activity decreased from 10.0 to 8.0 points. For large non—manufacturing companies, the sentiment index increased from 27.0 to 30 points, and for small businesses - from 12.0 to 14 points, highlighting the ongoing instability, which is confirmed by data on new orders. The core index in mechanical engineering increased by 0.7% in October, which is lower than the previous figure of 1.4% and 2.2% worse than last year in the same period, which does not portend a rapid recovery in the sector.Resistance levels: 142.80, 146.30.Support levels: 141.00, 138.00.Silver pricesDuring the Asian session, the precious metal is experiencing an upswing, being around 23.85. Trading activity on Thursday morning is restrained, but analysts expect important decisions from global financial regulators that may affect the movement of the asset.Meetings of the ECB, the Bank of England and the Swiss National Bank will be held today. No changes in monetary policy are expected from them, but market participants will closely monitor any changes in their rhetoric. Earlier, in response to the results of the US Federal Reserve meeting, where the rate remained at 5.5% per annum, silver showed an increase. Forecasts suggest that no rate hike is expected in the near future. The cost of borrowing is projected to decrease to 4.6% in 2024, and to 3.6% in 2025. The ECB and the Bank of England may also follow the example of the Fed and switch to a soft monetary policy, although the British regulator is likely to do this later due to the high inflation rate in the UK.Resistance levels: 24.00, 24.20, 24.42, 24.67.Support levels: 23.83, 23.60, 23.32, 23.00.Cryptocurrency Market AnalyticsCardano continues to strengthen for the third month, reaching a new annual high of 0.6788, and has grown by more than 14.0% since the beginning of this week, becoming the growth leader among the major cryptocurrencies. During the year, the Cardano network token increased in price by more than 150.0%.Experts attribute this growth to the growing interest in the decentralized finance (DeFi) sector, whose total capitalization in the Cardano blockchain recently reached $420.0 million. There is also an increase in key metrics on the network, including the amount of commissions, trading volumes and the number of active addresses. Yesterday's price increase was supported by the activity of large investors and the positive market reaction to the results of the last meeting of the US Federal Reserve this year. According to TheBlock, the total volume of large transactions on the Cardano network over the past 24 hours, each of which exceeded $ 100.0 thousand, amounted to more than $ 1.5 billion, and the total trading volume reached $ 19.47 billion, indicating an increasing interest in this blockchain from major market players.Resistance levels: 0.6835, 0.7812, 0.8789.Support levels: 0.5371, 0.4384, 0.3906.Crude Oil Market AnalysisBrent crude oil prices are experiencing a correction around the 75.00 mark against the background of maintaining the level of oil production within the framework of OPEC agreements.The November report shows that OPEC countries produced 27.837 million barrels, which is 57.0 thousand barrels less than in the previous month. A noticeable decrease in production was observed in Iraq (-77.0 thousand barrels), Angola (-37.0 thousand barrels) and Nigeria (-17.0 thousand barrels). The countries participating in the OPEC+ agreement in the same period reduced production by -2.67 million barrels compared to quotas set at the beginning of the year, thanks to voluntary reductions, resulting in total production from May 2023 decreased by another 1.67 million barrels.In parallel, after three weeks of growth, the American Petroleum Institute (API) recorded a decrease in reserves by -2.249 million barrels, and the Energy Information Administration of the US Department of Energy (EIA) indicated a drop of -4.259 million barrels.Resistance levels: 76.30, 81.40.Support levels: 73.25, ...

EUR/USD: a study of dynamics by diagonal indicatorsDespite the favorable macroeconomic indicators of the European Union, the EUR/USD pair continues to lose ground, now being around the 1.0870 mark.Italy's economic growth in the third quarter was 0.1%, which is better than the previous decline of 0.4%, and the economy grew by 0.1% year-on-year, exceeding analysts' forecasts of 0.0%. Germany showed a decrease in exports by 0.2%, which is an improvement from the previous indicator of -2.4%, while imports decreased by -1.2%, compared with -1.7%. This led to an increase in the trade balance to 17.8 billion euros, compared with 16.5 billion euros earlier.The US dollar is strengthening, reaching 103.100, after statements by Jerome Powell, chairman of the US Federal Reserve, about maintaining the current interest rate at 5.25–5.50% at the next meeting and the absence of plans to ease monetary policy until a stable decrease in core inflation.Resistance levels: 1.0925, 1.1007.Support levels: 1.0809, 1.0789.GBP/USD: the British pound stabilizes near the peak values of AugustThe GBP/USD trading instrument is rolling back from its recently updated highs on August 31, testing the 1.2670 level for stability, against the background of analysis of the latest economic data from the United States and Great Britain.The index of business activity in the British manufacturing sector from S&P Global rose from 46.7 to 47.2 points in November, surpassing forecasts of 46.6. At the same time, data from Nationwide Building Society in the UK were also higher than expected: the index rose by 0.2% instead of the expected drop of -0.4% on a monthly basis and by -2.0%, compared with the expected -2.3%. This strengthening of the index for three months indicates a possible overcoming of the downturn in the housing market. In the United States, the index of business activity in the manufacturing sector from S&P Global remained at 49.4 points, in line with forecasts, and a similar indicator from ISM turned out to be at 46.7 points, despite expectations of growth to 47.6 points. However, it is worth noting that the ISM manufacturing inflation index rose from 45.1 to 49.9 points in November, exceeding forecasts of 46.2 points.Resistance levels: 1.2700, 1.2747, 1.2800, 1.2850.Support levels: 1.2650, 1.2600, 1.2550, 1.2500.NZD/USD: The increase in the value of the New Zealand currency slows down ahead of new market incentivesNZD/USD shows a changeable trend, stabilizing around the 0.6200 mark. The currency pair updated its July peaks at the beginning of trading, but further strengthening of the New Zealand dollar is limited in anticipation of new market catalysts, while the US dollar is under pressure in light of expectations of the beginning of a cycle of interest rate cuts in the United States.Last Friday, US Federal Reserve Chairman Jerome Powell stressed his readiness to continue tightening monetary policy, despite the gradual smoothing of inflation risks and a slowdown in economic growth. There is a possibility of lowering rates in the second quarter of 2024 against the background of an improving macroeconomic environment. Adrian Orr, head of the Reserve Bank of New Zealand, expressed the view that it is necessary to maintain the interest rate at 5.50% in order to achieve inflation goals, with the possibility of adjusting it as necessary. The Reserve Bank assumes that the slowdown in the global and Chinese economies will put pressure on commodity prices, which, in turn, will affect the country's export revenues.Resistance levels: 0.6221, 0.6250, 0.6300, 0.6350.Support levels: 0.6183, 0.6155, 0.6131, 0.6100.Cryptocurrency Market AnalyticsDuring the previous week, the BTC/USD pair experienced volatile trends. Initially, against the background of increasing regulatory pressure on the Binance and Kraken cryptocurrency platforms, the exchange rate suffered a drop. However, bitcoin later regained its position and for the first time this year gained a foothold above the 41000.00 level. Experts attribute the growth to two key aspects: anticipation of the approval and launch of the bitcoin ETF, as well as expectations of a change in the monetary policy of the US Federal Reserve to lower interest rates.Last Thursday, SEC representatives officially announced discussions with the management of Grayscale Investments, a digital asset management company, regarding the possibility of transforming Grayscale Bitcoin Trust into a bitcoin-based ETF. Similar negotiations previously took place with representatives of BlackRock and Nasdaq. This news has strengthened investors' confidence in the imminent launch of the first bitcoin ETF, which is expected to lead to an influx of institutional investments in the field of cryptocurrencies and strengthen the value of digital assets.Resistance levels: 40625.00, 43750.00, 46875.00.Support levels: 37500.00, 34375.00, ...

NZD/USD: Neuseeländischer Dollar nahe SpitzenwertenDas Währungspaar NZD/USD erfährt eine Korrektur nach dem Anstieg der letzten Woche, als es seit dem 10. August frische Höchststände erreichte. Im Moment testet der Kurs das Niveau von 0.6060 auf die Möglichkeit eines Rückgangs, in Erwartung neuer Anreize auf dem Markt.Der heutige Tag wird die Aufmerksamkeit der Anleger auf die US-Verkaufszahlen für neue Häuser für Oktober und den November-Geschäftsaktivitätsindex der Federal Reserve Bank von Dallas lenken. Händler werden wahrscheinlich vorsichtig sein, neue Positionen bis Mittwoch, den 29. November, zu akzeptieren, wenn das Treffen der Reserve Bank of New Zealand stattfindet. Es wird erwartet, dass die Bank die Geldpolitik nicht strafft und den Zinssatz bei 5,50% belassen wird.Der neuseeländische Dollar wird von den am vergangenen Freitag veröffentlichten Einzelhandelsumsätzen für das dritte Quartal leicht unterstützt. Diese Daten zeigten Stabilität, nachdem sie im Vorquartal um 0,9% gefallen waren, im Gegensatz zu den Prognosen für einen Rückgang um 0,8%. Der Absatz ohne Berücksichtigung von Autos stieg um 1,0% und übertraf damit die Erwartungen von -1,5%.Widerstandsniveaus: 0.6100, 0.6131, 0.6155, 0.6183.Unterstützungsniveaus: 0.6075, 0.6053, 0.6030, 0.6000.Analyse der GoldpreiseIn der asiatischen Handelssitzung zeigt das Währungspaar XAU/USD nach oben und versucht, über der wichtigen Marke von 2000.0 Fuß zu fassen. Dies geschieht vor dem Hintergrund einer vorübergehenden Waffenruhe im Nahostkonflikt, die die geopolitischen Risiken verringert, sowie aufgrund des anhaltenden Fallens des USD-Index.Experten diskutieren oft die Möglichkeit einer globalen Rezession in der US-Wirtschaft und die Zeit des Abschlusses einer aggressiven Finanzpolitik. Analysten der Goldman Sachs Group Inc. sie schätzen die Wahrscheinlichkeit einer Rezession auf 15% und gehen davon aus, dass die Korrektur der Kreditkosten im letzten Quartal des nächsten Jahres beginnen wird. Die UBS Group AG und Morgan Stanley prognostizieren im zweiten Quartal des kommenden Jahres die gleiche Entwicklung mit einer erwarteten Lockerung der Geldpolitik im März, wobei die Experten der UBS Group AG für 2024 eine Zinskorrektur von mehr als 275 Basispunkten erwarten. Unter solchen Bedingungen kann Gold Wachstum zeigen, da der Rückgang des USD-Index aufgrund der weichen Politik zu seinem Wachstum beiträgt, da die umgekehrte Korrelation zwischen Gold und Index gegeben ist, die auf ein normales Niveau nahe -0,80 zurückkehrt.Widerstandsniveaus: 2024.0, 2053.0.Support-Levels: 2000.0, 1965.0.Analyse des KryptowährungsmarktesDie letzte Woche für das Währungspaar BTC/USD war gemischt: Zunächst gab es einen Rückgang auf das Niveau von 35640.00, gefolgt von der Wiederherstellung verlorener Positionen mit Überwindung des Niveaus von 38400.00, aber zum gegenwärtigen Zeitpunkt fiel der Kurs wieder auf 37200.00.Dieser negative Trend ist mit einer verstärkten Kontrolle durch die amerikanischen Aufsichtsbehörden über die führenden Kryptowährungsplattformen verbunden. Zum Beispiel erkannte Changpeng Zhao, Leiter von Binance, die Unfähigkeit des Unternehmens, die Anforderungen des Anti-Geldwäsche-Programms einzuhalten, und trat zurück, wobei das Unternehmen mit einer Geldstrafe von 4,32 Milliarden Dollar bestraft wurde und zusätzliche rechtliche Einschränkungen auferlegte. Darüber hinaus hat die US Securities and Exchange Commission (SEC) die Kraken-Kryptobörse des illegalen Wertpapierhandels, der fehlenden Maklerlizenz und der Vermischung von Kundengeldern mit Unternehmensvermögen beschuldigt. Die Beamten bemühen sich, die Aktivitäten von Kraken vollständig zu verbieten und finanzielle Sanktionen zu verhängen. Auch Vertreter der Commodity Futures Trading Commission (CFTC) erklärten ihre Absicht, digitale Plattformen weiterhin zu verfolgen, wenn sie die Interessen ihrer Kunden nicht schützen.Widerstandsniveaus: 38000.00, 39062.50, 40625.00.Support-Levels: 35937.50, 35300.00, 32812.50, 31200.00.Analyse des RohölmarktesWährend der asiatischen Handelssitzung gab es einen moderaten Rückgang des Wertes von WTI-Öl, der auf das Niveau von 75.00 fällt, was den bärischen Trend der letzten Woche fortsetzt.Der Preisverfall kommt vor dem Hintergrund der abnehmenden geopolitischen Spannungen in der Region Nahost, wo im Rahmen des Abkommens über den Austausch von Geiseln eine Waffenruhe in Gaza eingeführt wurde. Einige Experten glauben, dass diese temporäre Welt zu einer diplomatischen Konfliktlösung werden könnte. Darüber hinaus erwarten die Anleger die Ergebnisse des für den 30. November geplanten bevorstehenden OPEC+ -Gipfels, bei dem die Exporteure über die Möglichkeit einer weiteren Reduzierung der Ölproduktion verhandeln. Analysten sind zuversichtlich, einen Kompromiss zu erzielen, der zu einer Verringerung des Ölangebots auf dem Markt führen wird.Widerstandsniveaus: 76.00, 77.00, 78.00, 79.14.Unterstützungsstufen: 75.00, 74.00, 73.00, ...

Today, on June 9, Ethereum developers informed the community about the successful merger of the oldest Ethereum Ropsten test network using the Proof-of-Work algorithm with the Beacon test network using the Proof-of-Stake consensus algorithm, which was one of the final test steps before the full update of the Ethereum 2.0 network.Repeated testing of the chain with Proof-of-Stake, according to the developers, will allow for a secure merger of the existing blockchain with a new version of the block network and obtain a single effective Erhereum blockchain that will not have existing problems and will open the way for the introduction of innovative ideas in the development of a decentralized financial system and the digital economy as a whole.Before the full launch of Ethereum 2.0 with the deployment of PoS, two more mergers of the Beacon network with the Goerli and Seoplia test networks are planned.The final implementation of PoS in the Ethereum blockchain, according to co-founder Vitalik Buterin, should take place in August of this year.The market reacted sluggishly to the technologically important event that took place, and investors did not show high purchasing activity.Ethereum is trading at around $1,800 with no spikes in volatility.The acute foreign policy and macroeconomic situation today has a greater impact on the mood of investors seeking to preserve their capital than the prospect of future income.Therefore, analysts do not predict a surge in volatility even with the full completion of the Ethereum 2.0 update. Volatility may arise, perhaps, only if problems arise in the network that can affect user ...

The governor of the Bank of England, Andrew Bailey, said that bitcoin is impractical as a means of payment. While cryptocurrencies are not being calculated massively. But today, large companies not only use blockchain, but also accept crypto as payment:Coca-Cola. In 2020, the corporation's Asia-Pacific division announced that it would allow customers in Australia and New Zealand to buy drinks with bitcoin and other coins. Payment is available through devices that accept digital payments.PayPal is the first payment system to add cryptocurrency for transactions. The company acts as an intermediary: the service will exchange cryptocurrency for ordinary dollars at the internal exchange rate, which already includes the cost of conversion.Visa and Mastercard, following PayPal, thought about the possibility of conducting transactions with cryptocurrencies. The systems focus on stablecoins, which have collateral in the form of real assets.Shopify is a platform for creating online stores. Thanks to the developers, the owners of these stores can accept cryptocurrency.Emirates. The airline from the UAE intends to accept bitcoins as payment. Moreover, Emirates will add its own NFT tokens to the site. This is not the first airline operating with cryptocurrencies. Latvian airBaltic has been selling tickets for the crypt for several years.Balenciaga, Gucci, Tag Heuer are also starting to accept cryptocurrency. Moreover, the new payment method will be available not only online, but also in regular stores using QR codes. And the first major retailer that started accepting the crypt was Overstock.Brazilian developer Gafisa announced that now an apartment can be bought for bitcoins. So the company wants to attract investors from other countries, and the cryptocurrency helps to transfer funds quickly and ...

On May 16, the Central Bank of Cuba will begin issuing licenses for the use of cryptocurrencies in economic activities. The authorities are going to allow the cryptocurrency because of the consequences of the coronacrisis and US sanctions, which have been destroying the country's economy for 60 years.Cuba is a "passing prize"The first settlements on the island were founded by Spanish colonists in the early 16th century and ruled for almost three centuries. Then the metropolis brought African slaves and began to use the land for sugar cane and tobacco – the "oil" of that time.Cuba received relative freedom only at the end of the 19th century after an uprising of local residents and a long war for independence. Spain lost its influence in the Caribbean region, and the United States took its place. Nominally, the United States developed the economy and industry of Cuba, investing hundreds of millions, and then billions of dollars. In fact, they used it as a semi-colony: troops could enter at any moment, local authorities and production controlled it.Before World War I, about 90% of Cuba's exports were tobacco and sugar. Most of the agricultural territories were given over to them. Products for domestic consumption had to be imported – there were not enough of their own. At the same time, companies from the United States received privileges and imported goods to Cuba without duties.The country's economy suffered severely during the First and Second World Wars: first, the flow of goods from Europe stopped, then pro-American officials banned exports from the Soviet Union. As a result of the crisis, the poor could not get vital things, and the elite lived in comfort and luxury.In 1940, President Fulgencio Batista came to power – later he would be called a puppet of the United States. Under Batista, the capital of Cuba, Havana, became the "Latin American Las Vegas." The business was controlled by American monopolies and mafia clans. Businessmen from the United States owned 90% of the mining industry, 80% of utilities and fuel companies and half of sugar production. Batista received millions in bribes, and America turned a blind eye to numerous crimes: from the organization of brothels to drug and human trafficking.13 years later, a group of revolutionaries led by Fidel Castro rebelled against Batista. Impoverished and intimidated by the authorities, people joined the fight against tyranny. Castro promised to distribute land to peasants, ensure independence from the United States and improve the financial situation of Cubans. The resistance has been active for almost six years. A guerrilla war has begun in Cuba. By 1959, Castro's forces were able to capture the capital, and Batista lost control of the state and fled to the Dominican Republic. At the same time, the former dictator took most of the gold and foreign exchange reserves of the Central Bank of Cuba."Friendship against the USA"The Castro government reformed the economy and nationalized most of the companies owned by Batista supporters. 60% of agricultural land was transferred to peasants, the rest went to the state. The authorities began to control the turnover of currencies and trade. Residents of the United States were forced to pay 100% tax on luxury goods and 25% on minerals.In response, the U.S. government stopped importing oil to Cuba and reduced the sugar trade. An economic war has begun between the countries. Castro continued to nationalize American companies, and the United States imposed an embargo: they stopped trading with the Island of Freedom, and any country that provided assistance to Cuba fell under sanctions.The USSR took advantage of the situation. The Soviets gave the Castro government $100 million in loans at 2.5% per annum. Specialists in geological exploration, builders and the military were brought to Cuba. The USSR provided the new ally with equipment, weapons and agricultural products, and in return received sugar, coffee, minerals and representation in the Caribbean. During the period of active trade with the Union, Cuba's economy grew. In the 80s, the country began to build solar and wind power plants, recycle recyclables. Over 20 years of cooperation, Cuba has turned into an industrial and agrarian power. But its economy continued to depend on its "curse" – cane sugar.At the same time, the United States declared Cuba a "sponsor of terrorism" and tightened the embargo again. However, by this time the diplomats were able to establish trade with Latin American countries. Uruguay, Argentina and Venezuela became new partners."Island of freedom" without UnionCuba's economy began to collapse after 1991. Despite diplomatic ties with Latin American and Caribbean countries, the country was dependent on the Soviet Union and still suffered from US sanctions. When the USSR collapsed, the Castro government had to switch to economy mode: there was nowhere to bring equipment and cheap oil in exchange for local goods. The sugar industry became the basis of the economy again, but tourism began to develop in Cuba in parallel.The United States has adopted additional sanctions. Now foreign companies trading with the "disgraced" country were threatened with restrictions. In Cuba, there was a shortage of food and medicines, interruptions in the supply of fuel and spare parts for equipment. GDP began to decrease. During the three years of the crisis, it has decreased by a third. To compensate for the losses, Cuba was looking for foreign partners and investments. Three free economic zones were organized on the island and part of the trade bans were lifted. The government began to create a socialist economy with elements of market relations. State-owned enterprises have introduced self-financing.The first effect of the reforms in Cuba was felt in 2001. Up to this point, the country's economy was shrinking by an average of 3-7% per year, and after that it began to grow. The country has reduced the state monopoly on foreign trade and began to recognize cooperative, private and mixed forms of ownership. After 2010, the government allowed local entrepreneurs to work and introduced a progressive taxation system. Cuba began to actively trade with countries that were less dependent on America. In particular, Venezuelan President Hugo Chavez supplied up to 53,000 barrels of oil to the island daily, in response Cuba sent teachers, doctors and engineers to the new partner. By 2013, about 100,000 Cubans were working in Venezuela. One of the important sectors for the economy has become "medical internationalism". Local doctors started working all over the world.Hurricanes, COVID and new sanctionsCuba still continues to suffer because of the US blockade. The damage has already exceeded $104 billion. And taking into account the depreciation of the US currency — up to $ 1 trillion. After America imposed sanctions against Venezuela, Cuba's main partner began to have serious problems. They were reflected, among other things, on the Cubans. If earlier it was profitable to work in an oil-rich country, then after the Venezuelan crisis, this market almost closed. In addition, interruptions in oil supplies began.The country's economy was also affected by Hurricanes Dennis and Wilma in 2005, Gustav and Ike in 2008, Sandy in 2012. Each of them disabled infrastructure facilities, destroyed buildings and destroyed crops. The military had to deal with the consequences of natural disasters.Another serious blow was the coronavirus pandemic. Many medical professionals were working abroad when COVID was discovered in Cuba. And local doctors lacked medical equipment: there were many elderly people living in the country who were at risk. Officially, the country has coped with the crisis: it was able to introduce an effective system of protection against coronavirus, developed its own vaccines and started immunization. More than 5 million Cubans have been vaccinated against COVID-19. At the same time, the Cuban economy was in a precarious position: the flow of tourists dried up, and investment declined.Dinner for two for a month's salaryNow the "Island of Freedom" has a single currency – the Cuban peso (CUP). $1 = 23.98 CUP or 70-100 CUP at the "street rate". The authorities ask tourists to exchange American currency for euros in advance – banks do not accept and do not exchange USD.The average salary in Cuba for the last 4 years is about $33-45. At the same time:a kilogram of vegetables, a large loaf of bread or a bottle of water cost $0.5;a dozen eggs – $0.7;a liter of gasoline – $1;payment for communal services – $5-10;unlimited internet – more than $100 per month;dinner for two in a restaurant for tourists – up to $25;economy class car rental - $20;1 sq.m. of housing – from $1,500 to $5,000, in tourist areas – higher.Tourists and journalists who have visited Cuba note that it has become unprofitable to work in local industries. Most people live at the expense of relatives who have gone to work in other countries. It is enough to send $50-100 per month to provide for the family.Cubans themselves believe that the authorities have begun to resemble the "puppet government" of Batista. On the islands, "two parallel Cubes" coexist again: elites and Latin American businessmen live in luxury, and ordinary people are forced to live in shacks or sit on the necks of those who left the "Island of ...

A couple of steps away from the new year, many are trying to predict the direction of market winds over the next year, and maybe several. We have also analyzed promising ideas of stock exchanges, and today we will share them with you. In general, everything promising in the coming year is connected with the healthcare sector. Next, let's talk about the two most promising companies in this segment.NovavaxNovavax company was one of the first to enter the championship in the development and creation of a vaccine, but in this case it is still far from the podium. Does the company have real prospects? Let's talk about this further.At the beginning of the year, many experts argued that it was simply not advisable to get involved in the company's struggle. This was due to the fact that there were already many manufacturers of similar drugs, and there was not enough space for new ones. As a result, the experts' "verdict" turned out to be reckless, and today many are confident that the company's assets are among the most attractive in the coming year.The vaccine was one of the first to be released in Europe. It is based on a protein, which in the future can become an alternative for patients who refuse to be vaccinated by Pfizer and Moderna, developed on the basis of RNA.In the spring of 2021, she presented the results of testing a new vaccine to the world, and in mid-summer, repeated tests were conducted in America. The effectiveness of the drug according to the test results ranges from 89.7% to 90.4%. This high indicator allowed the drug to get into the top three most effective, and the company to become a leader in the world market of manufacturers.Immediately after the publication of the results, it was expected that the company's assets should increase in value, but problems with bureaucratic hitches and permission to use the vaccine on world markets led to the fact that the share price remained in place, and subsequently even declined.Different sources explain this fall in different ways. Some argue that there are no special technological lines for the production of the drug in the United States. Others are sure that the drug simply does not meet the standards established in the state, contains unnecessary impurities that can cause a lot of side effects.Today, the drug is recognized in several countries of the world, including Indonesia, India. The vaccine has the permission of the WHO and the euroregulator, together with the submission of the application, it has received permission in several other countries.Today Novavax is awaiting regulatory approval in many countries around the world, including Australia, Canada, South Korea, and the United Kingdom. To accelerate the production of the drug, the company is sponsored by a number of large-scale organizations, including the Gates Foundation and even the American government.If new strains of coronavirus continue to appear, the disease will be transferred to the category of endemic. That is why vaccination will very soon become a routine procedure, and it is also likely that the demand for combined drugs will grow, which the company is currently testing.It is not enough to be able to treat well, you also need to correctly diagnose diseases. That is why next we will talk about the manufacturer of medical equipment for diagnostics.Thermo Fisher ScientificThermo Fisher Scientific is geographically located in Massachusetts. It is one of the leaders in the production of diagnostic tools and equipment used in laboratory and outpatient settings, as well as consumables. The production of coronavirus vaccines and medicines for this pathology is considered to be an equally significant area of activity of the enterprise. From the beginning of the pandemic to the present time, the demand for the company's products remains at a height, so the company today occupies a leading position in the field of medicine.In the spring of 2021, the International Health Association granted the company a license to produce SARS-CoV-2, a test for detecting covid-19. The volume of revenue received only from anti-weed products today has already amounted to $2.05 billion. With the emergence of new strains of coronavirus, the demand for the company's products will only grow.The TMO quarterly report, released on October 27, turned out to be quite strong. Revenue exceeded last year's figure by 15%, as well as by $ 1.2 billion in monetary terms. In total, it amounted to 37.1 billion dollars. According to forecasts, the amount of revenue will increase by $1 billion, and will amount to $7.7 billion.The forecast for this indicator was $40.5 billion, which shows the excellent position of the enterprise, especially for modern market realities. The growth of the company's asset price index exceeded the S&P 500, and reached 40%. With great probability, we can say that the group's positions will continue to be stable.Another trend of the century is electric carsThe vast majority of major analysts last year warned against acquiring Nio assets. At that moment, no one could have thought that the company's market capitalization could reach $90 billion. The volume of cars produced at the same time is 20 thousand units annually.However, over the past year, the company has managed to become an industry leader, and excellent financial results are expected in 2022. This is despite supply disruptions and other problems associated with the pandemic. The company has several new products that will help it increase its market share in China, and take a strong position on it.In the autumn of 2021, the number of cars produced by the company reached 10,900 units, which indicates an active growth in demand for cars with an engine capacity of more than 130,000 per year. The company is going to release about 600 thousand units of cars by the end of 2022. Nio's management plans to introduce three new electric cars to the world market. If the sales growth of cars remains at the planned indicators, then Nio may well have the opportunity to bypass Tesla by this parameter. At least in the Chinese market.An important advantage of the enterprise is the already launched Battery-as-a-service or BaaS program. It allows you to make a monthly payment, which allows you to change the battery on an electric car in the future or update the battery charge. It will also be possible to buy a car without a battery, rearranging it from old equipment.This system will allow the company to receive high-margin revenue in the long term. In addition, we should expect an increase in customer loyalty to the products. The company's assets showed a 13% growth in 2020, but during 2021 they managed to fall by 44%. Today they are stable at around $30. We are waiting for strong growth.Basic Attention TokenIt is already impossible to imagine the financial world without cryptocurrency. How to choose correctly between all the options – Bitcoin, Litecoin, Ethereum and others, and not be left out? An interesting option is offered by the Basic Attention Token.Over the past six months, investors' attention has been focused on tokens supporting the application. If we take into account that since the beginning of the year, the growth of bitcoin has approached 73%, then this is a minuscule compared to the start of the Siba-anu meme token, which soared to 47000000%. However, the main investment flow today is considered to be directed to a cryptocurrency that provides support for applications.In the large list of tokens, the Basic Attention Token from Brave Software deserves special attention. In particular, the token is especially attractive for investing for a long period. The company is now managed by B. Eich is the founder of Mozilla and JavaScript.Coins are mined using the Brave browser, where they are obtained by viewing advertising content. The web browser provides a high degree of security due to the built-in ad blocker and functions to block the collection of user data. Allows you to personally view ads released by program partners, as well as earn tokens by viewing it.Throughout December, bears dominated the cryptocurrency market, which negatively affected the VAT. As a result, the price of the token fell by 30% from the historical highs seen at the end of autumn. However, Bravo is confident that the price will recover its indicators very ...

The problems with the scalability of Ethereum are known, perhaps, to everyone who is somehow familiar with cryptocurrencies. At the moment, the network is going through a transformation that should allow it to increase its efficiency, but it is difficult to predict when exactly it will end, since this process is extremely complex and responsible. In order not to wait for the weather by the sea, representatives of the crypto community come up with their own ways out of a problematic situation. One of the projects that decided to make life easier for users was Polygon.Polygon is a so-called Layer-2 solution for the Ethereum network. The main component of Polygon is an adapted version of the Plasma protocol, with which a copy of the Ethereum blockchain was created - the child chain. Periodically, the system photographs its condition and transmits the impression to the Ethereum blockchain. This is done so that in case of conflicting transactions, users have the opportunity to "roll back” to an earlier version of Plasma (”checkpoint") stored on the Ethereum network.Polygon consists of three levels. The first is where smart contracts work, connecting the Polygon architecture with Ethereum. At the second level, validators function that transmit PoS network information to Ethereum. At the last level, blocks are formed based on transactions occurring on Plasma. This is where developers can place their applications initially running on Ethereum.Lower fees and faster Polygon transactions led not only to the rapid development of the network, but also contributed to the soaring cost of the native MATIC token. Since the beginning of the year, it has grown by ...

What should I give to a person who has everything? The most obvious solution is money. But a more original option is a cryptocurrency: ether, a share of bitcoin or a meme token. You can get a gift remotely, and watching the growth and fall of the crypt will turn into a new hobby.  We tell you what methods of giving exist and which digital currencies to choose as a gift.ContentTo gift a virtual crypto walletTo gift a cold wallet with cryptocurrencyTo gift a voucher for cryptocurrencyDonate cryptocurrency to charityWhich cryptocurrencies to choose as a giftTo gift a virtual crypto walletIf the recipient of the gift already has a cryptocurrency wallet, the issue is solved: it is enough to find out the account number (or by email address) and transfer the necessary amount from their own crypto wallet to the account. Such operations are absolutely legal — individuals in Belarus can buy, sell, exchange, store and send any cryptocurrencies using crypto wallets, exchanges and exchangers. At the same time, the cryptocurrency received as a gift and the income on it is not taxed until 2023.If a friend does not have an account, then you can create a new account, transfer cryptocurrency there and transfer access to it to the recipient.Many popular crypto wallets, for example, exodus or mycelium, do not require an email address when registering — it is easier to transfer such an account, because it is not tied to your personal data. The role of the access key is performed by a code phrase (a mnemonic phrase, a phrase or a seed) — a set of 12-24 words that must be entered in a certain order to gain access to the wallet. This key must be passed to the recipient — for example, to rewrite the phrase in a greeting card.There are three important nuances in this method of giving cryptocurrency:Don't forget to warn the recipient that the passphrase is extremely important. If the owner loses it, he will lose access to the crypto wallet and will not be able to restore it.You cannot change the passphrase or generate a new one for an existing wallet — the text key always remains unchanged. Therefore, in theory, the donor can use it after a while, which creates risks. The best option is to give a friend a temporary wallet (temporary wallet), from which he will transfer money to a personal account. Whether a friend wants to carry out all these manipulations is another question. And it is better to make sure in advance that a person is interested in the crypto market and trading — otherwise the gift is unlikely to please him.Regional restrictions. Many American and European services are not yet available in Belarus, Russia and Ukraine. For example, Coinbase does not officially work in these countries. Sometimes restrictions can be circumvented using a VPN, but the method does not always work. Therefore, you will have to choose from a limited number of services. In Belarus, it will not be possible to buy cryptocurrency without providing personal data, since crypto exchanges are required to verify each client — and this usually requires a passport scan. By the way, you can use not only wallets, but also exchanges for donation — in this case, you give access to an account that already has tokens stored on its account.Read more: What is Bitcoin Core? A simple guideTo gift a cold wallet with cryptocurrencyA cold wallet is a hardware device for storing crypto currency, which is something like a flash drive. This is the safest, but not the most convenient option. If you forget the password or lose the carrier itself, the cryptocurrency will be lost forever. For example, an American Stefan Thomas forgot the password from a flash drive that stores more than 7000 bitcoins, and lost access to crypto accumulations — and this is not the only case. In total, about $140 billion is stored in bitcoin wallets with forgotten passwords.When donating, the risks are about the same as in the case of an electronic wallet. When registering, you will need to create and remember a PIN code-a code and a phrase for restoring access (a phrase for restoring).You can order a wallet only on large marketplaces: the price for the most popular models (for example, Ledger and Trezor) varies from $60 to $260. It depends on how many different accounts the device allows you to have (for example, the Ledger nano c model supports 5-6 accounts, while the Ledger nano x supports up to 100), whether the device has an information display and a battery, whether it supports Bluetooth, and so on. In any case, such a gift will cost more than a virtual wallet with cryptocurrency.Read more: Bitcoin on a flash drive? How to store cryptocurrency correctlyTop hardware wallets for cryptocurrenciesLedger Nano SLedger Nano XTresorTrezor Model TRead more: Crypto wallet: the most important & practical tipsTo gift a voucher for cryptocurrencyA voucher is a kind of gift certificate for the purchase of a crypt. You buy a voucher for a certain amount (for example, 50 euros) and specify the email address of the gift recipient. A special code will be specified in the voucher that will be sent to the post office. The recipient must enter it on the website where the voucher was purchased and specify the wallet address to which the amount in cryptocurrency equivalent to the value of this voucher will be transferred.One of the disadvantages of such a gift is that its recipient will eventually have to deal with the registration of the wallet himself in order to receive cryptocurrency. Also, vouchers are usually available only for the most common cryptocurrencies: Bitcoin, Ethereum, Litecoin. But this is the easiest way to give a cryptocurrency.Where to buy cryptocurrency vouchers:CryptovucherRechargeBit4coinBitnovoCoinsbyDonate cryptocurrency to charityCryptocurrencies can not only be given, but also donated to a charitable foundation. Therefore, if there is a desire to share ether or bitcoin with an NGO or a human rights organization, there are several options:Human Rights FoundationSave the childrenMATTERRainforest FoundationThe Water ProjectTor ProjectAnother option with the support of charity is the creation of an NFT token and its subsequent sale on platforms, for example, Rare. But in this case, you need to create a digital object and find a specialist who knows how to work with NFT platforms. You can attract 500-1000 dollars to Ethereum, even if you do not invest in promotion. And you can transfer the collected money to the fund, if it accepts the crypt, or convert it into fiat and credit it to the organization's account.Read more: What is NFT and why are they worth millions?Which cryptocurrencies to choose as a giftGiving cryptocurrency remotely resembles a long-standing trend in the United States, when people began to give shares of large companies to their loved ones. But the crypto market is not yet so popular among the mass audience. People have heard about it, but they don't quite understand how it works and what principles it works on. With this in mind, even bitcoin is still an unusual and original gift. If you look with an eye to the future, then a good gift option is Ethereum. Another popular project is the Polkado. He has revolutionary prospects and grandiose plans that are being implemented at the same time, which is rare for crypto projects. If a person understands the topic, you can give him an NFT token: for example, a picture or a meme registered as an NFT. But we must be prepared that NFT tokens are very ...

Brief description of Huobi GlobalFounded in 2013, the Huobi Global Exchange is a centralized platform. According to the Coingecko resource, the exchange has an average (8) reliability rating. As of September 2021, 0 cryptocurrencies are traded on the exchange, the most active trading pair is ETH/USDT. The maximum trading volume for the last 30 days was reached on August 7 in the amount of 161,756 BTC.Verification: OptionalTelegram /huobiglobalofficialFaceBook /huobiglobalofficialTwitter /HuobiGlobalDetailed review of the Huobi Global ExchangeHuobi is a cryptocurrency exchange founded in China in 2013. It is registered in the Seychelles. Link to the official website of the exchange — Huobi.com. It provides opportunities for spot, margin, futures (perpetual contracts, options) and OTC trading. Confidently enters the top-3 in terms of trading volume (turnover-over two billion dollars in 24 hours). It exists both in the web version, and in the form of desktop and mobile applications.Read more: What are futures: types, features, advantages and risksWe offer a detailed overview of the functionality of the Huobi exchange, its advantages and disadvantages.ContentGeneral descriptionTeamFunctionalHow to trade on HuobiVerificationHow to trade on the Huobi exchangeMoney managementHT Token - description of the cryptocurrency from HuobiHuobi WalletHuobi Input and OutputCommissionsSafetyTech. Huobi supportComparison with other top exchangesAPI HuobiHuobi ReviewsAdvantages and disadvantagesConclusionGeneral descriptionRegistration on the platform is available to users from more than 130 countries of the world - wherever transactions with cryptocurrencies are not prohibited by law. Huobi is a multilingual platform that supports such languages as Chinese, English, French; German, Turkish, Portuguese, Spanish.TeamThe founder and CEO of the Huobi Group is Leon Lee. Previously, he worked as a computer engineer at Oracle. He graduated from the Department of Automation of Tsinghua University and became a successful entrepreneur in the field of financial technologies.Other team members:The Chief Operating Officer (COO) is Robin Zhu. He has experience in the field of corporate governance and practical data analysis. He also worked at Oracle at one time. Initially, he was deeply interested in the blockchain industry and Big Data.The head of the Security Department (CSO) is Simon Wu. He is responsible for risk management, previously worked in international consulting firms and government agencies, dealing with business security and management issues.The technical director is Roy Zhu. He was a technical expert at Alibaba, a partner and senior vice president of Jinshan Cloud, and also held a management position at Taobao. Is responsible for the research and development of new functionality.FunctionalHow to trade on HuobiThe Huobi exchange is designed to manage cryptocurrency assets in the following ways:Spot trading. Trading with instant settlement, when funds are transferred between the buyer and the seller here and now, based on the current market value of the asset.Futures trading. Trading contracts containing information about the value of the currency and the time of sale. By entering into such a contract, the buyer and the seller undertake to transfer funds at a specific rate and at a specific time. An effective tool for hedging risks.Margin trading. Trading with leverage — the user takes a certain amount of credit funds secured by the assets available to him and thereby can use a larger amount in trading than he has. This increases the potential profit, but also the risks. The available leverage level is individual for each currency.OTC. A P2P exchange platform that connects fiat money and digital assets. It is intended for institutional investors who make large transactions and want to do it completely in the legal field.The index is HB10. It includes 10 top cryptocurrencies, works in conjunction with an investment product that helps to invest funds in the entire basket of promising assets at once.Fiat. Quick purchase or sale of cryptocurrency for fiat money. Supported payment methods: VISA/Mastercard bank cards, Western Union, e-wallets.Huobi Global currently works with 286 coins (770 trading pairs).Read more: P2P: where peer-to-peer networks are usedVerificationTo start trading, you do not need to verify your identity, but you can pass it to expand the withdrawal limits and get access to additional functions. Go to the "Verification" section and enter the necessary information — passport or driver's license number, first name, last name, upload a scanned passport in JPG or PNG.Verification on the exchange is not required, but it gives additional advantages when using the platformThe information is manually confirmed by the exchange's employees, usually it takes no more than two days.How to trade on the Huobi exchangeLet's look at how to trade cryptocurrencies and tokens using the Huobi platform.In the central part of the screen, under the chart, there is a section for creating buy or sell orders. Huobi supports the following main types of orders:Market. The user specifies only the desired amount of cryptocurrency. The transaction is made instantly and at the market price that is at that moment.Limit. The user specifies both the amount and the cost of the cryptocurrency. As soon as a counteroffer appears, the order is automatically executed. All created limit orders are located in the so-called glass (or orderbook).Stop limit. A subspecies of a limit order. While a regular limit order is executed when the specified price is reached or better, the stop limit is executed at the specified price or worse.Trigger-an order (by limit or by market).Advanced tool-creates an order that is executed automatically immediately after the execution of another order. In the right part of the trading terminal interface, there is a history of all completed orders — date, volume and price. And at the very bottom — information about active and completed transactions of a particular trader.Money managementHuobi Global includes a number of opportunities for managing funds for investors. After entering the exchange, the following tools are available:Blocking and mining HT. Holders of the exchange token (HT) can participate in the airdrop. To do this, they need to block at least 100 HT on their account for a period of 7 to 90 days. After the expiration of the period, a bonus is awarded in the form of a certain amount of Huobi Pool Token (HPT).Landing page. Investment of USDT or BTC at interest for 10, 20, 30 days. The interest rate can be entered manually (from 0.01 to 0.09% per day) or set the optimal one. Other users then select suitable options from the entire pool of available offers.Storage of assets. Professional asset storage services for companies and institutions. Clearing and detailed reports are included in the price.Asset management. A digital asset service platform for professional users. There is a choice of three investment strategies with different levels of risk and profitability.Savings (available only after verification). A deposit account with an interest income. The interest is periodically adjusted, at the moment it is 7.28% per annum for USDT and 3.5% for BTC.A new Pool Savings section was also recently opened. This is a tool for working with DeFi tokens. It includes profitable farming of new and promising tokens.Read more: What is an airdrop of cryptocurrencies - is the game worth the candleHT Token - description of the cryptocurrency from HuobiHT is a token, a cryptocurrency officially launched by the Huobi exchange in 2018. Functional purpose and why it is needed:Discounts from 10% to 95.15% on trading fees (depending on the number of tokens held).Participation in events and events held by Huobi.Farming of the HPT token.VIP status.Use as a guaranteed asset with a cross-margin.Deflationary burning scheme to maintain the value of the asset:Asset allocation schemeToday, there are HT holders in more than 180 countries around the world. It is traded, in addition to Huobi, on the Bibox, Bitforex, Coinsbit, HitBTC, MXC, etc. exchanges.Huobi WalletThe universal multi-currency wallet from Huobi Global can be downloaded from the links:For Android - https://play.google.com/store/apps/details?id=com.huobionchainwallet.gpFor iOS - https://itunes.apple.com/cn/app/id1433883012?mt=8The application supports most major cryptocurrencies (BTC,ETH, XRP, LTC, BCH, etc.), stablecoins (USDT, USDC, TUSD, DAI, PAX), most tokens on the Ethereum, Ontology, TRON, EOS blockchains.The main features of the crypto wallet include independent management of private keys, personal control over assets, data encryption, support for multi-signature and the ability to organize joint asset management. The simple interface allows you to perform operations in one click.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesHuobi Input and OutputTo deposit funds to the Huobi Global exchange, you need to go to the Currency Account section, select the cryptocurrency of interest, for example, Bitcoin, and click Deposit.Copy the address and transfer the cryptocurrency to it from an external wallet (you can use a QR code for a quick transfer from a mobile application).The funds are credited to the exchange account after one confirmation by the miners, and after two confirmations they will be available for withdrawal.The minimum deposit amount is 0.001 BTC. The deposit address does not change every time, but only sometimes, the exchange notifies about this by email.To withdraw cryptocurrency, you need to go to the same section, but this time select the Withdraw button.Specify the address to which the coins should be transferred, and the required amount. The commission is indicated in the same window and covers the transaction costs, providing a quick transfer.The minimum withdrawal amount is also 0.001 BTC.Read more When Bitcoin appeared: telling the story of BTCCommissionsType of operation Commission feeSpot trading 0.2% maker and 0.2% takerMargin interest 0.098%OTC trades 0.1-0.2% maker (depending on the currency), 0% takerContract trades 0.02% maker, 0.04% takerEntry without commissionThe withdrawal is individual for each coin, indicated at the time of withdrawal (for example, for BTC — 0.0005 BTC).Read more: What is OTC and what are its featuresThe table shows the standard indicators. Holders of HT tokens can reduce them. With a deduction, the fees look like this:SafetyThe Huobi exchange uses cold wallets, secure connection and data encryption to protect user funds. In addition, the user can independently increase the security level of the account if he performs the following actions:It will enable two-factor authentication — a simple and effective way to confirm login using the Google Authenticator application.It will link the phone number and confirm the email address.Associates accounts in other networks (Google, Facebook, Apple) with the Huobi account.It will set a complex password and an anti-phishing code.Read more: Network security. 2FA - two-factor identification methodsTech. Huobi supportYou can contact Huobi technical support via an online chat on the website. Other contacts and social networks of the project:Telegram https://t.me/huobiglobalofficialFacebook https://www.facebook.com/huobiglobalofficialTwitter https://twitter.com/HuobiGlobalBlog on Medium https://medium.com/@huobiglobalInstargam https://www.instagram.com/huobiglobalofficial/YouTube https://www.youtube.com/HuobiGlobalAPI HuobiThe Huobi Exchange provides documentation for developers (API) for free. It can be found at https://huobiapi.github.io/docs/spot/v1/en/#change-logIn the top menu, you can switch to another type of trading (spot, futures, options, margin swaps). Information on all categories is constantly updated. The developer can subscribe to email notifications to keep everyone up to date with the latest changes.Huobi ReviewsThe site has both positive and negative reviews, there are about the same number of them. Users complain about high commissions, problems with the NEM cryptocurrency, as well as insufficient functionality — despite the fact that the platform keeps up with the times and regularly introduces new features, it is not yet possible to work only with it without resorting to the help of other large trading platforms.Nevertheless, trading volumes show that most users consider the platform to be the best option for exchanging certain currency pairs (the most popular is BTC/USDT).Advantages and disadvantagesAdvantages:The exchange is in the top in terms of trading volume and liquidityOwn functional tokenDeveloping functionalityPositive feedbackOptional verificationA large selection of trading pairsMobile and desktop walletsReferral programDisadvantages:Some functionality has been cut for popular cryptocurrencies. For example Bitcoin and USDTConclusionThe Huobi cryptocurrency exchange is actively developing and tracking current trends, such as earnings on DeFi tokens. A strong team, the introduction of new options, adequate commissions-all this speaks in favor of the site and adds respectability to it. Now there is such a time in the cryptosphere that it is impossible to keep up with trends, otherwise the project will instantly lose part of the market.Read more: What is decentralized finance ...

The alleged theft of cryptocurrency on the Africrypt platform has become the most expensive in history. Any hacking of the exchange negatively affects the value of the cryptocurrency, but hackers arrange attacks not only for the sake of stealing money. Many thus reduce its course. Fierce competition in the market over time only increases the likelihood of such hacks. We calculated how much the most expensive hacks in history cost investors.Binance: $40 millionHacking Binance — the most popular exchange in 2019 cost 7 thousand bitcoins. At the time of the hack, it cost about $40 million. "We discovered a major security breach today, May 7, 2019, at 17: 15: 24. Hackers managed to obtain a large number of user API keys, 2FA codes and, possibly, other information," the report says.The exchange announced that hackers used various methods, including phishing, viruses and other attacks. "During the hacking, hackers were able to gain access to the "hot" Binance wallet, which, at the time of the attack, had about 2% of the funds. In just 44 transactions, the attackers managed to withdraw 7074 BTC, " said Changpeng Zhao, CEO of the exchange. By "other information", the company meant the theft of personal data of customers, which negatively affected the trust in the platform.The exchange announced that it will cover all the lost funds from its funds, and no user will be affected by this hacking. Binance representatives reported that the losses will be covered at the expense of the previously created SAFU fund (user asset Security fund). Previously, 10% of the platform's commission fees were sent to his address.Nicehash: $80 millionOne of the largest thefts can be called the story of the Slovenian company Nicehash, which occurred in 2017. In fact, Nicehash is not an exchange — it is a cryptocurrency miner with an integrated market. Users leased their computing power to those who mined cryptocurrency without investing in equipment. Hackers could easily get new coins.Nicehash has published an official comment: "It is important to note that our payment system was hacked, and the contents of the NiceHash bitcoin wallet were emptied. We are working to verify the exact number of stolen BTC. It is clear that this is a matter of deep concern, and we are working hard to correct this in the coming days. In addition to conducting our own investigation, the incident was reported to the relevant law enforcement agencies, and we are cooperating with them as a matter of urgency."As a result of the investigation, it turned out that hackers stole 4,700 bitcoins, which is approximately $80 million. The company announced the return of 60% of the stolen coins, and in 2019 it froze the payment program for victims of hacking. NiceHash claimed that it reimburses users for funds received from commissions, thereby reducing the platform's profit, and promised to resume refunds in the future.Mt.Gox: $390 millionAnother Japanese exchange, Mt.Gox, suffered in 2013. At that time, the platform handled 70% of all global bitcoin traffic. For unclear reasons, bitcoins worth about $390 million went missing. It turned out that for two years the hacker stole bitcoins from users ' wallets, but the platform recognized the expenses as deposits and charged some users up to 40 thousand additional bitcoins.After that, the head of the exchange, Mark Karpeles, announced that he was resigning from the board of the Bitcoin Foundation. At the same time, an official document of the administration leaked to the network, which showed the deplorable state of the platform. It followed from the text that unknown attackers stole about 744 thousand bitcoins, and the exchange administration is not able to pay off its users, since the stolen amount is huge. Karpeles was arrested and charged with embezzlement.In February 2014, it declared bankruptcy, when the company's debt reached $63.6 million, and the number of creditors exceeded 127 thousand people. In addition, it turned out that the platform itself was affected - 120 thousand of its own bitcoins were stolen from the exchange. At that time, experts predicted the collapse of the entire cryptosphere, since the theft affected approximately 6% of the issue of all bitcoins in circulation.CoinCheck: $533 millionAnother major hack occurred in CoinCheck - on the leading Japanese cryptocurrency platform. In January 2018, hackers outside the country infected the exchange's internal network with a virus that was transmitted by email. This allowed attackers to steal users ' private keys. As a result, 523 million NEM coins worth $533 million were stolen.This amount was in a cold wallet, which is safer from possible attacks or theft than hot wallets. The company itself has acknowledged problems and failures in the management of the cold portfolio: the theft occurred due to the neglect of the storage of this cryptocurrency. The CoinCheck exchange did not use smart contracts with multiple signatures, so all coins were stored on the same wallet.However, such a large theft did not lead to the collapse of the cryptocurrency market. CoinCheck does not have such a systemic importance as Mt.Gox and other exchanges had at the dawn of the crypto market development. Its total value at the time of the theft was less than 0.25% of the value of the entire cryptocurrency, and the options for buying and selling crypto assets are very different today. The quick reaction of CoinCheck allowed to reassure investors, who were reimbursed in full.Africrypt: $3.6 billionThe founders of the investment platform Africrypt, two brothers Amir and Race Keiji are suspected of stealing about 69 thousand bitcoins, which is equivalent to $3.6 billion at the current exchange rate. In April 2021, they announced that the platform had been hacked and the funds stolen. Users were asked not to contact law enforcement agencies, because, according to Amir, this would make it difficult to return the cryptocurrency.However, the investors did not listen to the advice and turned to the law firm Hanekom Attorneys, which initiated an investigation. It turned out that the employees of Africrypt lost access to the site a week before the founders announced the hacking of the platform. Now the case is being investigated by the South African police, law enforcement officers have contacted crypto exchanges to prevent attackers from selling the stolen cryptocurrency.It will not be easy to track it, since special services that confuse transactions were used when sending bitcoins. The site of the site is currently unavailable. Africrypt was launched in 2019, the Keiji brothers promised investors high profits - a huge yield of up to 10% per day. According to Bloomberg, this story can become the largest scam in the field of cryptocurrencies, if the fact of theft is confirmed. Now the court has temporarily liquidated the brothers ' company, they have been given until July 19, 2021 to respond to the court ...

Working with virtual currency is somewhat different from conventional trading and has a number of advantages and disadvantages. Having completed training in cryptocurrency trading, you can eventually make a profit incomparable with that offered by many popular types of online earnings. However, starting such an activity, you need to be prepared for losses, especially on the first pairs. If you start working without understanding the intricacies of financial market analysis and using only price movement indicators, trading on cryptocurrency can become a real disaster. To minimize such an outcome, it is important to understand how the cryptocurrency market works and what factors should be taken into account in their activities.Types of cryptocurrencies and their featuresDue to its features, cryptocurrency is a popular tool for trading and exchanging virtual money. Crypto trading courses allow beginners in this field to understand how to make money on this type of currency and increase the available capital. To understand the basics of trading cryptocurrencies, it is worth first considering their features and varieties:Bitcoin is an independent currency that is not controlled by any country in the world. Those who want to understand where to start trading cryptocurrencies should clearly understand what bitcoin is. The exchange rate of this currency is influenced by any facts and actions taking place in the global economy, so if there is a crisis somewhere, it can be unequivocally stated that the bitcoin exchange rate will change.Ethereum is a decentralized computing platform created on the basis of its own blockchain. Its work is based on complex smart contracts. The currency of the same name is traded on exchanges, is used inside the system and allows you to transfer virtual money cheaply. The adaptability of Ethereum makes it an indispensable tool for blockchain applications.Litecoin is a popular digital currency created on the code base of bitcoin. The advantages of Litecoins include its high liquidity, as well as the ability to mine cryptocurrency. It is faster than bitcoin and has a large number of algorithms, which makes Litecoin easy to use.Monero is a currency based on the CryptoNote protocol, which ensures maximum security and confidentiality of transactions. CryptoNote does not allow you to trace transaction blocks, thanks to ring signatures that exclude such a possibility.In addition to these, there are other options. Most of them are an attempt to capitalize on demand and attract new investors. Learning how to trade cryptocurrencies will help you figure out which ones are worth paying attention to, and which ones are better left aside.The price of cryptocurrencies is highly variable. This creates favorable conditions for trading and allows you to quickly earn impressive capital by closing only a few successful transactions. But the risks in this direction are much higher. To do this, you need to clearly understand the intricacies of the process and spend some time on training. We highly do not recommend "stuffing bumps" on your mistakes. A good course will save a few lost deposits.Read more When Bitcoin appeared: telling the story of BTCCryptocurrency trading strategies allow you to trade around the clock. There are no time-limited exchanges here, and there is no centrally set exchange rate either. This situation creates ideal prerequisites for earning money, and cryptocurrency trading lessons will help to understand the intricacies of the process.How to invest in cryptocurrencies with the least risk?Training in crypto trading helps to place investments correctly and understand how not to lose the invested funds. If you decide to start crypto trading from scratch, you should use simple tips that will help you save your invested money and increase it as much as possible:Control the size of the investment – you should not invest more than you are willing to lose.Invest not only in Bitcoin. There are a lot of virtual currencies on the market that also have a certain value. It is better to choose 3-5 options at the same time, so you can insure yourself if one of the types of crypts suddenly subsides. Among successful traders there is an unspoken rule "do not put eggs in one basket" – follow it and you.Use hedging. To minimize price risks at the time of opening a position in one market, open an equal, but opposite-directed transaction in another. Precious metals and stocks of stable companies will be a great help and reduce the risk associated with investing only in crypto assets.Learning to earn money on cryptocurrency will help you understand the subtleties of the process and minimize actions that can lead to the loss of invested funds. In any case, this is just the beginning of the way, but having figured out how to learn how to trade on the cryptocurrency exchange, you will be able to develop your own strategies in the process that can protect you from the loss of invested capital.Read more: Everything you need to know about Ethereum (ETH)The basics that a trader cannot do without.Learning to trade cryptocurrencies from scratch begins with an analysis of the basic concepts, without which it will not be possible to do in the future.Among the key aspects , it is worth highlighting the following:Cryptocurrency. This is the name given to the form of electronic money, for the storage of which not centralized accounts are used, but a blockchain network. Cryptocurrencies are variable – some are quite popular and cause increased interest among traders, others have only recently appeared and should be treated with caution. No one knows how this or that currency will "shoot" over time. For example, those who were not afraid to invest in bitcoin at the dawn of its formation, managed to "raise" about 800% of profits in just a year.Block. Every operation that takes place on the bitcoin network is recorded in a 1 MB file called a block. We can say that this is a kind of registry that contains information about the last few transactions made on the bitcoin network.Blockchain. This is a virtual database in the form of blocks containing data on the number of coins stored in the account and transactions with them. The information that is recorded in the blockchain is either a list of transactions or a time frame for registering wallets. You can view the necessary information at the wallet address, if it is known.Trading cryptocurrency on the stock exchange is an exciting business, but not as simple as it may seem at first glance. Therefore, before you start, you should learn as much as possible about the process and undergo special training.Read more: What is Litecoin?Why do I need to learn cryptotrading?Newcomers to the world of cryptocurrencies often do not think about how much they need to know and take into account in their activities so that trading on the stock exchange brings profit. Studying cryptocurrency trading for beginners, you can understand:what are the different types of crypto trading and identify the pros and cons of each of them;how and what can be traded on the crypto exchange;what kind of profit can you get in the end, and how to achieve it;how to effectively manage the invested capital so as not to burn out;risk management rules;what is the difference between short-term and long-term trading plans, and how to make each of them.After taking courses under the guidance of an experienced trader, you will be able to understand what stage the cryptocurrency market is at at the moment and how to determine with the greatest probability what will happen next. This knowledge will be useful not only for beginners, but also for those who already have minimal experience in working with the crypt.Read more: Crypto wallet: the most important & practical tipsHow to start studying cryptotrading?Earning on cryptocurrency does not require large investments of time and money, but to get started, you will have to undergo special training.Please note that cryptocurrency is a high-risk asset. The level of risks is incomparable with trading, for example, on stock exchanges.It is best to use the help of professionals, because each cryptocurrency trading course has its own characteristics.Based on their professional experience, successful traders create their own and adapt existing strategies taking into account current trends. After completing a good course of study, beginners receive a detailed "roadmap" that allows them to start their own path in the world of cryptocurrency trading from beginner to pro ...

The world's first SMS was sold at auction as a work of art in December of this year.The mobile operator Vodafone has posted a screenshot of the message Merry Christmas ("Merry Christmas"). It was sold in France at an auction in the Ethereum cryptocurrency for €132,680.The reality of 2021 is that a set of pixels can be sold at auction as a painting by a great artist. This is called NFT.The outgoing year is the peak of interest in the topic. NFT is the main word of the year, according to the Collins Dictionary. First, in March, crypto artist Beeple sold NFT for a record $69 million at Christie's auction at that time. In the end, after the recession in the middle, it continued.Twitter founder Jack Dorsey sold a screenshot of his first tweet on the platform in the form of an NFT for $2.9 million, followed by Elon Musk and other celebrities. One of the cases is the same SMS from Vodafone. Let's analyze what the pictures on the blockchain are. What is NFT?NFT (English Non-fungible token) is a certificate of ownership of a unique digital asset. It can be a photo, screenshot, drawing, video or GIF. They are placed on the blockchain, they are bought and sold like works of art at auction.The peculiarity of NFT is that they are not interchangeable. If you exchange some bitcoin coins for others, their value will not change. It doesn't work that way with NFT - there is no general exchange rate of this cryptocurrency, each drawing has its own value, and visually they can be completely similar.For example, the artist Josie has two identical drawings, their cost is different. And this is not the only example. In his collection there are many visually identical NFT tokens with different values.According to one theory, the predecessors of NFT were colored bitcoins. Their functionality was similar to that of NFT. The basic principle of their work was described by the founder of the Ethereum blockchain platform Vitalik Buterin: "The question of legitimacy is which NFTs people find attractive to buy and which are not. If everyone agrees that one NFT is interesting and the other is ineffective, people will prefer to buy the first one because it will have a higher value."How is NFT applied?"You can offer any amount, even $50. If this is the maximum amount that will be offered, I will sell for $50. And I promise that the price for this NFT, for this residence permit will increase by the time I return to Russia. And I know for sure that I will return, even after 100 centuries," says the comedian. The key is that the higher the interest in the topic to which the NFT relates, the higher the value of the token.A more popular way to use NFT is to monetize popularity. "If NFT is seen as a casino that brings profit to already rich celebrities, the result will be less impressive," Ethereum founder Vitalik Buterin criticized tokens. And yet, this is the main way to raise the cost of NFT.In 2013, the meme "Puzzled Chloe" appeared. In 2021, the girl depicted on it decided to sell this photo in the form of an NFT - the starting price was five Ethereum. The trend was followed by Elon Musk - the founder of Tesla expressed his intention to sell his tweet, to which a track dedicated to NFT is attached.Top 10 most Expensive NFT Tokens and their prices:The Merge - $91.8 million  Everydays: the First 5000 Days - $69.3 million  HUMAN ONE - $28,985CryptoPunk #7523 - $11.75 millionCryptoPunk #3100 - $7.67 millionCryptoPunk #7804  $7.6 millionCrossroad - $6.6 millionA Coin for the Ferryman - $6.034 millionOcean Front - $6 millionCryptoPunk #5217 - $5.59 millionHow to buy or sell NFT?NFT tokens are sold and bought on trading platforms. These are platforms specially created for the purchase and sale of non-interchangeable tokens. They are stored, displayed, sold and in some cases even created here.Top 6 platforms:opensea.io.RaribleNifty GatewaySuperRareNBA Top ShotFoundationMore about each:OpenSeaThe largest NFT marketplace. Its peculiarity is the variety of offers, which pushes the rest of the trading platforms into the background.Terms of placement: to publish a token, you must pay a commission. It depends on many factors: the demand for them, the time of day, and so on. It is usually $70-100.Read more: NFT in simple words: what is it and how to make money on itRaribleA Russian platform that has gained worldwide popularity. Its peculiarity is the opportunity for authors to receive remuneration for each resale of their work.Terms of placement: commission of $30-100 for each publication.NiftyGatewayGemini Exchange platform. It has a user-friendly interface and an impeccable reputation.Accommodation conditions: Accommodation is free of charge. Nifty Gateway takes 15% commission from the transaction. When reselling NFT, the author is charged 10% of the transaction.SuperRareA platform that requires confirmation of the authorship of each NFT. To do this, artists develop a specialized certificate.Terms of placement: placement is free, at the first sale SuperRare takes 15% of the transaction.NBA Top ShotNFT platform with the support of the American Basketball League. The concept of the site is to issue and sell digital sports collectible cards.Terms of placement: 5% commission for each sale.FoundationThe platform is considered more advanced in terms of design and functionality. The peculiarity of the site is that in order to get there, you need to get an invitation from some author.Terms of placement: the publication is free, 15% from the sale of the token, with each resale the author receives 10% royalties.Read more: New risks of NFT investorsHow to create an NFT?Let's look at how to do this using the example of the OpenSea platform.What you will need to create an NFT token:Website opensea.ioA crypto wallet (Ethereum, Meta Mask or other) that will be linked to the profileThe content you want to upload as an NFTHow to do it:Opening the website opensea.ioChoose: Create/My collectionsTo add a token, you need to create a collection. We add its logo, name and description.When the collection is created, you can add the tokens themselves to it. Select "Add items", and then "Add new item".Done. We upload the token to the website and put it up for auction.The same steps are described on a special OpenSea page. Every platform has instructions. A video that clearly shows the process of creating an NFT on this site.Read more: NFT - what is it, how to use it, where to store it and how long will they stay with us?NFT ProspectsIn 2021, interest in NFT will remain at least at the proper level. Since May of this year, there has been a decline in interest in these tokens — at that time, their sales fell from a peak of $176 million on May 9 to just $8.7 million on June 15. Nevertheless, interest in the topic remained at such a high level that NFT became the word of the year.  At a minimum, artists and platforms are not going to slow down. In March of this year, SuperRare raised $9 million from investors. The funds are intended for further development and restart in 2022.Next year, many new platforms and token monetization models will appear that will allow authors to control their intellectual property, says Mango Dogwood, an expert at Be In Crypto. There will also be new reward models that will become the basis of their success.Perhaps we are on the verge of revising the copyright paradigm. NFTs are interesting to the music industry. Dogwood says that the authors are interested in this direction. The problem of musicians is that recording studios and streaming services receive the main profit from their work, NFT can change the balance of power in favor of the authors.It seems that the jump in development in 2021 is just the ...

The NFT trend began back in 2017 with the famous blockchain game CryptoKitties. Then the hype for Crypto Cats spread so much in the community that, in addition to selling pictures for 600 ETH, it practically blocked the operation of the Ethereum network itself for several days. With the crypto winter in 2018-19, the excitement for ”cats" subsided, but the tokens of the ERC-721 standard remained and in 2021 created a new NFT-HYIP.According to DeFi trackers, the total sales of NFT at the end of 2021 exceeded $ 13 billion, although at the beginning of the year it was only about 2.5 billion, and in 2020 even less - 14 million.What caused the wave of general interest in NFT? As an ordinary teenager collecting pixel images with whales earns an income of 400 thousand dollars, and at first glance, nondescript pictures are sold for millions of dollars and how long will it last?What is NFT?NFT - a non-fungible token is a token with which a digital impression is created for a unique object. For example, a song, a painting, a football card or another piece of art. The NFT is a digital certificate of this unique item.As the industry developed and interest in tokens grew, NFT began to be used to digitalize unique virtual creations. Thus, the NFT was given the opportunity to fix the unique right to own a digital art object, just as in real life we protect our ownership of tangible property by making an entry in state registers.The manifestation of interest in non-fungible tokens is fueled by outstanding personalities - world stars, politicians, entrepreneurs, bloggers. They consider it a wonderful way to support truly talented craftsmen. In addition, NFT is an alternative for investing in the future, because everyone has not forgotten about the bright breakthrough of cryptocurrencies.Read more: NFT in simple words: what is it and how to make money on itWhere can NFT be applied?Despite the fact that now the main scope of NFT is cute "animals" in crypto games, in fact, this is not the only place where they can be appropriate. Thanks to its properties, NFTs can be used in services that need to be 100% sure that the user is real. At the same time, such a user does not have to be identified, he can remain anonymous, and the mere presence of NFT will give him access to the service or products.For example, on September 25, 2021, the international conference “Money of the Future” was held in Vinnytsia (Ukraine). A special feature of the event were tickets in the form of non-fungible tokens issued on the Polygon blockchain. Participants received their NFTS according to the purchased ticket - Standard, VIP, Afterparty and could remain anonymous if desired. The presence of such a ticket confirms the right to attend the event, while it is impossible to forge it.To buy an NFT ticket, it is enough to connect the Trustee Wallet crypto wallet to the event website and make a payment, the ticket itself will immediately be displayed in the application.The decentralized exchange ExonSwap offers its users to create an NFT on the Tron blockchain, such an NFT serves as a kind of "login” on the site, allows you to provide liquidity to trading pairs and participate in the affiliate program. It is worth noting that this is a unique practice that has not been used anywhere before, more details about this can be found on their ExonCenter website.Another option for using NFT may be the right to photograph models or interview bloggers. For example, the photo models of ValentiVitell and AngelSetFree, selling their NFTs on the Opensea marketplace, provide customers with additional bonuses, you can read in detail in the description of the NFT itself.NFTs have become very common in online games, as they can represent a gaming staff - unique clothes, weapons, etc.Read more: Crypto wallet: the most important & practical tipsThere have also been cases of the use of NFT in the real estate sector - in the summer of 2021, an apartment was sold in the capital of Ukraine using non-fungible tokens.The very idea of owning real objects via NFT is not expected to be ignored. It is much faster to obtain ownership of a tangible object than to formalize this right in real life. For example, the ownership of an apartment is carried out by collecting a package of documents, contacting a notary, drawing up a purchase and sale agreement, obtaining an extract from the state register, and to purchase an NFT, you only need to perform a cryptocurrency transaction in the blockchain.Where and how to store NFT correctly?If initially NFTs existed only on the Ethereum blockchain, today they are implemented in almost all popular networks. You can find NFT on the blockchains Ethereum, Harmony ONE, Polygon, Solana, BNB Smart Chain, Near, Tron, Cardano, PolkaDot and many others. Such an assortment poses a number of problems for users:Firstly, it is difficult to decide on the choice of a network and, accordingly, a marketplace for creating an NFT;Secondly, there is no single application that supports all networks at the same time, and storing NFT on a centralized resource like an exchange is somehow obscene.Therefore, the right solution for storing NFT is to choose a non-custodial crypto wallet (where private keys are only in the user's possession) with maximum network support. For example, Trustee Wallet supports NFT on Ethereum, Polygon, BNB Smart Chain, Harmony ONE and even Ropsten, Rinkeby test networks. Today it is the only crypto wallet with such functionality.Read more: Blockchain technology: how it works and where it is usedLegal regulation of NFTWe live in a world where each state has its own legal system and clear procedures for fixing property rights that have been formed for centuries. How is the issue of ownership of NFT settled from a legal point of view?The answer is simple: nothing. Today, neither the process of creating nor buying/selling tokens is legally regulated.On the one hand, based on the essence and purpose of tokens, NFT can be conditionally considered as a "title document” for a particular object. The right of ownership includes the right of the owner/owner to own, use and dispose of material objects and excludes the possibility of exercising rights to this object by other persons. Roughly speaking, the right of ownership is a monopoly on a thing.On the other hand, intellectual property rights apply to a real object, the author can sell it and dispose of his work as he wants. However, he cannot interfere with the creation and sale of the NFT “attached” to his work. Also, anyone can download or distribute copies of the object, even if you have fixed the ownership of it. The address in the blockchain will be different, but the work becomes publicly available and it is impossible to establish control over the replication of copies.Despite the fact that such tokens are unique, non-fungible and exist in a single copy, and information about each of them is publicly available, stored in the blockchain and cannot be forged, it remains unclear which court will consider controversial issues in transactions with them.Considering all these aspects, the legal regulation in the field of NFT is still waiting for a lot of changes. It should take place in a comprehensive manner, satisfying all parties so that the development process does not stop, and the rights of each person are protected.Read more: New risks of NFT investorsWhy do people buy expensive NFTs and what are the prospects?Despite the ambiguity of the legal status for NFT, people still buy them. At the same time, the prices of some non-fungible tokens sometimes exceed hundreds of thousands of dollars. Why do they buy them?According to my observations, there are several reasons for this: some are subject to trends and are willing to spend money to be on the "wave”, others pour funds thereby supporting the industry and "HYPE”, others create hype and news for the media intentionally buying pictures for several million dollars.Other manipulations of various kinds are also appropriate, however, there are those who firmly believe that their NFT will become more expensive over time, so they are building up their collection.It is likely that the growing trends of digitization of information will contribute to the further development and use of NFT. In the future, functional non-fungible tokens will be in use, which will represent real value - material or virtual.Of course, one should not dismiss the possibility that the rapidly growing popularity of NFT may fade as rapidly as it arose, and the NFT market may disappoint users.Only time will tell whether the technology will be massively distributed and generate innovative directions and ways of application. In any case, NFTs have become a good impetus for the popularization of their creations by many artists, an interesting experiment for users and an impulse for the development of the entire crypto ...

The hype around NFT investments still persists, but 2022 began with criticism of this technology. It is compared to the “Wild West” - a very high-risk territory. And first of all, because of the scammers whom NFT strongly attracts.Pirates instead of artists?NFT investments allow you to purchase unique tokens, each of which corresponds to a specific work of art. The more this work will be valued in the future, the more expensive it will be possible to sell the token.Everything would be fine, but here's the trouble: artist Rebecca Gay complained that pirates stole the works of 33 artists and made tokens based on them for one of the most famous exchanges – OpenSea. As a result, they were the ones who got the money for it.It turns out that today every artist, creating his masterpiece, must immediately turn it into an NFT token. After all, if he does not do it himself, then the pirates will “help” him, Rebecca believes.Hackers are attackingThe creator of the Signal messenger Moxie Marlinspike is also an NFT skeptic. He recalled that digital art is not stored in the blockchain – it is too expensive. Instead, the link to the work page is “sewn up” in the NFT.So, the time of hackers has come. It is enough to get access to the server to replace or delete this link: there is no information in the token about which image is "correct".Marlinspike said: he created an NFT with a changing image, but after a few days it was removed from OpenSea without explanation. After that, the token disappeared from the author's crypto wallets.All these problems undermine the credibility of NFT, reduce the liquidity of investments in "digital art" and the cost of works.So it turns out that artists and musicians will not be able to monetize works through tokens. And for their fans and NFT enthusiasts, it makes no sense to collect digital art, support the artist and invest.Read more: What is NFT and why are they worth millions?What else does an NFT investor risk?These tokens are also characterized by other problems:regulators may oppose investments in NFT, which will make them illegal;the authorities will expand legislation to stop money laundering through token exchanges;it is very difficult to delete data or change it in NFT, and personal tokens violate personal data protection laws;inheriting digital works of art is more difficult than other assets, especially in countries where blockchain is illegal.How are companies trying to save the market?OpenSea has gone on the warpath with pirates: they claim that they moderate the exchange and try to block accounts that sell other people's work.  For example, users can verify an account or collection. That's just to qualify for verification, the seller of tokens on OpenSea needs to be known or sell items from the collection for 100 ETH.At the same time, no platform guarantees 100% security. After all, the NFT contains only the address of the work, and it itself should be published on the Internet.How to avoid problems when buying tokens?Moxie Marlinspike believes that it is impossible to defeat the "gold rush", but investors can still earn on NFT. You just have to be careful.If you want to replenish your portfolio with NFT tokens, try to protect yourself:before buying, be sure to check the information about auctions on the artist's websites and official pages in social networks — many warn in advance that they will sell tokens;the sites where the works are published must be reliable and secure;it is better to buy NFT on verified sites and through verified accounts;use strong passwords and two-factor authentication, official applications and hardware ...