VIX 101: The fear index that’s shaping the market
Andjela Radmilac · 19 hours ago
CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry.
Andjela Radmilac · 19 hours ago
CryptoSlate’s latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry.
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.
Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.
Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.
One of Ronaldo’s defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.
Ronaldo’s commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo’s writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.
Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.
However, Ronaldo’s aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.
Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.
With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.
Immutable wrote that it would rather support marketplaces within the ecosystem than compete.
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Elon Musk volunteered to assist a prospective “government efficiency commission” aimed at reducing US government overspending during a live discussion with Donald Trump on Monday. The X’s owner said excessive government spending drives inflation and called for an urgent need for spending cuts to stabilize the economy.
“Inflation comes from government overspending because the checks never bounce when it’s written by the government,” Musk stated. “So if the government spends far more than it brings in, that increases the money supply, and if the money supply increases faster than the rate of goods and services, that’s inflation.”
It was not Musk’s first mention of the “government efficiency commission.” In a recent Lex Fridman Podcast episode, he said he had discussed with Trump that idea and “would be willing” to join the new commission.
Musk also noted the daily increase in national debt due to government overspending, which he believes fuels inflation. Inflation, he explained, is also a tax on people. Trump supported Musk’s views, noting that inflation severely affects those who earn, save, and do not invest.
However, the former US President did not directly target spending cuts. Instead, Trump pointed out the sharp increase in energy costs. He said lowering energy prices would be necessary to alleviate some of the economic pressures faced by Americans.
The conversation was not solely about the US economy. The two figures also discussed the recent attack targeting Trump, illegal immigration, geopolitical tensions, artificial intelligence (AI), and the environment.
Trump highlighted the growing energy demands of AI, predicting that it will eventually require twice the amount of energy currently generated. To meet this demand, Trump stressed the importance of increasing the nation’s energy production.
There was a high expectation among crypto community members that Trump would mention “Bitcoin” during his talk with Musk. On Polymarket, bettors assigned a 65% probability to the mention of “crypto” and a peak of 69% for “Bitcoin,” with substantial amounts staked on these predictions.
Despite this anticipation, there was no discussion of crypto or Bitcoin during the event.
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El […]
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Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest.
 
 
Dogecoin (DOGE), the crypto industry’s largest and oldest canine-themed meme coin, has received a surprising status boost after Ether (ETH) co-creator Vitalik Buterin admitted that he is a DOGE holder. This unexpected endorsement has sparked enthusiasm within the cryptosphere.
Vitalik Buterin made a surprise declaration at the 2024 Ethereum Development Conference (EDCON) in Tokyo, Japan, positioning himself as a Dogecoin holder during his presentation.
This fascinating moment was captured at the event when Buterin appeared on stage, donning a dark Japanese kimono garment paired with a white horse head mask. Appearing almost unrecognizable, the audience asked about his identity, and he identified himself as a DOGE HODLer. The Ethereum co-founder dramatically removed his mask to clear their doubts, eliciting laughter from the crowd in attendance.
Notably, Buterin’s fondness for Dogecoin has been obvious since 2015. In 2016, he revealed that he had not liquidated any of his DOGE holdings and was even planning to acquire more. And in September 2021, the man behind Ethereum floated the possibility of transitioning Dogecoin to a proof-of-stake security model using Ether’s code.
It’s not clear exactly how much DOGE Buterin currently owns. However, he revealed in a 2016 interview that he had invested roughly $25,000 because he liked the meme coin’s ethos and community. One Dogecoin was valued at around $0.0002 in 2016, meaning Buterin may have acquired roughly 125 million DOGE.
Buterin later disclosed in 2021 that his 2016 investment had amassed profits of over $4 million. At the time, he noted that purchasing Dogecoin had been one of his most successful investments.
The price of Dogecoin barely budged despite Buterin’s latest public support of the meme-inspired token. DOGE is currently trading for $0.1072, according to CoinGecko data. The eighth-largest crypto fell by 5.13% on the day and is down 16.4% over the last seven days. Although Dogecoin’s performance has been sluggish recently, market pundits remain bullish on the meme coin.
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.
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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape.
His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto.
The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn’t just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance.
His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry.
Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion.
Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers.
DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations.
Even so, DeFi isn’t a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language.
Dalmas is here to help make the tech easy to understand and digestible, even for beginners.
The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa’s full economic potential.
This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting.
Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature.
When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills.
You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.