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• The recent downfall of American banks caused a stir in the crypto world.
• Crypto traders applied the ‚Inverse Cramer‘ tactics to benefit from Jim Cramer’s public criticism of several altcoins, resulting in multiple rallies and Bitcoin (BTC) hitting the $26,000 mark.
• Prominent figures in the crypto sphere commented on the banking crisis with light-hearted and edgy takes, blaming it on printed-out fiat currencies and Do Kwon’s failed execution of a crypto-backed stablecoin.

Inverse Cramer Strikes Again

The recent downfall of American banks didn’t bypass the crypto market, as seen in the recent case of the Silvergate bank crash. Soon after, Silicon Valley Bank shares plunged after revealing that they had to sell their securities at a loss. Many leaders in the crypto space believe that CNBC’s Mad Money host Jim ‚Inverse‘ Cramer is to be blamed for this financial crisis due to his confident endorsement of Silicon Valley Bank just one month ago.

The Inverse Cramer Tactic

Crypto traders have been applying ‘Inverse Cramer’ tactics since then, enjoying multiple altcoin rallies after Jim publicly blasted Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and most recently – Bitcoin (BTC). After these comments were made, BTC broke the $26,000 line for the first time since June 2022 and surged 18% daily after FED rate announcement.

Tweets by Crypto Leaders To Lighten The Mood

Many prominent figures in the crypto sphere voiced their opinion regarding this banking crisis with both humorous and serious takes on it – all while pointing out how government labelled crypto as “super risky” despite Circle/Paxos/Tether holding collateral mostly in cash or T-bills without any setbacks occurring. Binance Boss Changpeng ‚CZ‘ Zhao laid blame on printed-out fiat currencies before adding that Do Kwon was right to make a crypto-backed stablecoin but failed miserably when executing it.

Conclusion

The recent events surrounding American banks crashing has left many investors feeling apprehensive about their future investments – but leaders of cryptocurrency are here to lighten up spirits with some witty tweets about this situation! Despite governments labeling cryptocurrencies as “super risky” due to past events like those involving Circle/Paxos/Tether or Do Kwon’s failed execution – people still enjoy using inverse cramer tactics to benefit from altcoin rallies!

Takeaway

Cryptocurrency may be deemed “super risky” by some governments but its members are here to show us why it might not be so bad after all! With its potential for multiple altcoin rallies through inverse cramer tactics – perhaps investing into cryptocurrency is more beneficial than we think!

• Charles Hoskinson and Tamara Haassen discussed CNFTs in a recent livestream.
• Cardano NFT projects have seen high sales volumes in the past 7 days, with Goombles surpassing $1.2 million.
• ADA remains unchanged, trading at $0.33 despite climbing to the #7 rank by market capitalization.

Cardano (ADA) Founder Raves About CNFTs

The founder and president of IOG have discussed CNFTs in a recent livestream. Hoskinson has shared that NFTs are the most vibrant part of Cardano, with more than 8 million assets issued thus far and more than half being „in some way NFT-related.“

High Sales Volumes for Cardano NFT Projects

Cardano NFT projects have enjoyed high sales volumes over the past seven days. On March 6th, 2023, Goombles claimed the first spot in the ecosystem by surpassing $1.2 million in sales volume.

Marlowe & Atala PRISM Working on Cardano NFT Ecosystem

The developers behind Cardano are looking into Marlowe for an easier way to issue NFTs, while Atala PRISM is working on linking identity with NFTs for a verified standard. Tamara Haassen has noted that cross-ecosystem enablement is another opportunity for Cardano to facilitate interoperability between different marketsplaces.

Price of ADA Unchanged

At the time of writing, ADA is trading at $0.33, reflecting dips across the board despite climbing to the #7 rank by market capitalization following the live stream video discussion about CNTFS on Cardano’s network.

Conclusion

The progress made with regards to CNTFS on Cardano’s network shows great potential for further development within this sector – something that many members of the crypto community can benefit from as they look towards future opportunities within this space!

•Monero (XMR) and Binance Coin (BNB) have been underperforming recently.
•The Dubai Virtual Asset Regulatory Authority (VARA) declared anonymous cryptocurrencies like Monero (XMR) illegal, causing its price to decrease by 6.8%.
•Orbeon Protocol (ORBN), a market disruptor currently in stage 8 of its presale, is set to explode soon.

Overview

This article discusses the current states of two prominent coins – Monero (XMR) and Binance Coin (BNB), as well as the potential for a new project named Orbeon Protocol (ORBN). It outlines recent developments in these coins, their prices, and what analysts predict for their future performance.

Monero (XMR)

Monero (XMR) was created to give individuals more anonymity and safety by utilizing the CryptoNote system. Recently, however, it was declared illegal by the Dubai Virtual Asset Regulatory Authority (VARA), causing its coin price to decrease by 6.8% in the past week. At the moment, Monero (XMR) is trading at $150.79 with a market cap of $2.7 billion and its trading volume has decreased 10% in 24 hours. Analysts remain long-term bearish on Monero’s performance and predict it will reach its support level of $150 soon.

Binance Coin (BNB)

Binance Coin (BNB) is used to cover transaction fees on the Binance exchange and operates on the Ethereum network using ERC-20 protocol standards. The suspension of USD bank transfers at the beginning of February caused a drop in Binance Coin’s price from $346 to $304 today; its trading volume also decreased 9% in 24 hours making it likely that it will sink further below $305 if this trend continues unchecked.

Orbeon Protocol (ORBN)

Orbeon Protocol is an investment platform that allows investors to purchase equity into startups with tremendous growth potential for very affordable prices through equity-backed fractionalized non-fungible tokens using crowdfunding methods that benefit both investors and companies alike – all while being only in stage 8 of its pre-sale! This could be a game changer for venture capital and crowdfunding sectors when it launches fully soon enough!

Conclusion

It appears that though Monero(XMR)and Binance Coin(BNB)are currently underperforming due to certain regulatory changes affecting them respectively; there may still be hope yet as Orbeon Protocol(ORBN)’s upcoming launch could be just what these markets need – A disruptive force capable of positively impacting both venture capital & crowdfunding sectors!

• ZK-rollups have been touted as the ultimate solution to Ethereum’s scalability issues.
• Zero-knowledge proofs and rollup technology aim to boost transaction throughput in the Ethereum ecosystem, but there are still many questions surrounding how these solutions work.
• The Blockchain Trilemma balances decentralization, security, and scalability – however it is impossible to balance all three.

Understanding the Blockchain Trilemma

The Blockchain Trilemma dictates that for a perfect blockchain to exist, it must successfully balance decentralization, security and scalability. Decentralization refers to a network being self-sufficient and governed by its users with miners and validators owned and operated independently worldwide – like Bitcoin for example. Scalability means that transactions are low cost and fast for all users regardless of their wallet size – like Solana which boasts over 4,000 transactions per second (TPS) at a cost of less than a penny per transaction. Security describes a network where no one can break into your wallet by force; transactions are protected by complex cryptography; tokens are correctly distributed preventing hackers from taking control of the network with a 51% attack – like most leading chains. Unfortunately, it is impossible to balance all three points due to engineers always needing to sacrifice one option in order to achieve the others.

What Are ZK-Rollups?

Zk-rollups have long been touted as the ultimate solution to Ethereum’s woes as blockchain & crypto adoption rapidly grows worldwide due to their potential in solving Ethereum’s scalability issue while maintaining decentralization & security. ZK-Rollups leverage advanced cryptographic techniques known as zero-knowledge proofs in order create scalable Layer 2 solutions on top of existing blockchains such as Ethereum without sacrificing any data integrity or decentralization features of the base layer protocol. This allows for efficient scaling solutions which offer increased throughput without compromising on user experience or decentralization aspects offered by Layer 1 protocols such as Ethereum.

How Do ZK Rollups Work?

ZK Rollups operate through offloading transaction data onto secondary networks where they can be processed more efficiently while still maintaining data integrity & immutability provided by Layer 1 protocols such as Ethereum through Merkle proofs which link back up this processing back up on chain when needed. This allows for improved scalability & performance across applications built on top of blockchains such as Ethereum without sacrificing any security features or trustless nature provided by Layer 1 protocols such as Ethereum itself making them an ideal scaling solution for existing DApps built on top of this platform or those looking at building new ones going forward into 2021 & beyond!

Benefits Of ZK Rollups

The benefits associated with Zk rollup solutions include: increased throughput & scalability allowing more complex applications built on top of blockchains such as Ethereum; improved user experience thanks to reduced costs associated with transactions; improved efficiency due to not having wait time before confirmation is given; enhanced privacy options where certain transactions can remain private between sender/receiver; better trustless nature thanks again due Merkle proofs linking back up processing done off chain onto main chain ensuring data integrity remains intact despite being moved around different networks temporarily during processing stage!

Conclusion

ZK rollup technology offers an attractive solution towards improving scalability issues faced currently faced my many popular blockchains including Ethereum itself whilst still maintaining much needed aspects related trustlessness & decentralisation when compared too other scaling methods available today such as Sharding etc… Despite this though there are still some challenges ahead including getting developers comfortable using these technologies but ultimately once people become more familiar with this then we should see growth within space continue into 2021 & beyond!

• On February 10, 2023, the cryptocurrency market experienced a dip as Bitcoin dropped from $23,000 to $21,600.
• The decline was largely due to news of crypto exchange giant Kraken agreeing to settle charges with the U.S. Securities and Exchange Commission (SEC) and shutter its U.S. cryptocurrency staking operations.
• Market analysts are divided on the future of Bitcoin due to comments by Coinbase’s CEO and the SEC’s stance on other crypto-staking services offered by exchanges and platforms.

Bitcoin Plummets After SEC’s Crushing Blow to Kraken

Impact of Kraken’s Settlement with the SEC on the Crypto Market

On February 10, 2023, the cryptocurrency market experienced a dip as Bitcoin dropped from $23,000 to trade at $21,600, a decrease of 6% in just 24 hours. The decline was largely due to news of crypto exchange giant Kraken agreeing to settle charges with the U.S. Securities and Exchange Commission (SEC) and shutter its U.S. cryptocurrency staking operations. Ether (ETH), the second-largest cryptocurrency, followed a similar trend recently trading at an 8% decrease reaching $1,520. The news from Kraken came just a day after Coinbase’s CEO tweeted about rumors of the SEC wanting to eliminate crypto staking in the U.S., leaving some market analysts divided on the future of Bitcoin.

Market Insights and Indicators

According to Mauricio Di Bartolomeo co-founder of Ledn – a crypto lending platform -the absence of short Bitcoin liquidations suggests there may be more sideways trading in the near term . Messari’s latest report cites movement of large amounts of Bitcoin from centralized exchanges to self-custodial wallets , growth in daily active addresses and transactions as potential indicators for a market bottom .The report also notes that Bitcoin has historically experienced resurgence in popularity after periods of doubt . The Fear & Greed metric has only returned back slightly showing signs that investor confidence is still present .

On The Flipside

Kraken agreed not confirming or denying allegations in SEC’s complaint but agreed upon ceasing its staking service for US customers . This could have long lasting implications for other exchanges offering similar services which could lead them into trouble if they do not abide by regulations set forth by US authorities .

Conclusion

The settlement between Kraken & SEC shows their stance towards other crypto staking services provided by exchanges & platforms while Coinbase’s CEO tweet further added fuel making it difficult for analysts predict future trend especially when large amounts are being moved away from centralized exchanges & job data along with monetary policy pose another threat towards BTC’s price value .

1. The article discusses the importance of digital literacy for 21st century students.
2. It examines the different ways digital literacy can be applied in the classroom and how it can help students to become more effective digital citizens.
3. Finally, the article highlights the need for educators to help students develop the skills to use technology in a safe, responsible, and informed manner.

As technology continues to become increasingly integrated into our everyday lives, the importance of digital literacy for 21st century students cannot be overstated. Digital literacy is the ability to use technology and digital tools to find, evaluate, create, communicate, and share information, and is an essential skill for students to have in order to succeed in their education and future careers.

Digital literacy can be applied in the classroom in numerous ways. Teachers can use digital tools to deliver content, engage students, and facilitate collaboration. Additionally, digital literacy can allow students to access and use a variety of online resources to help them with research, projects, and assignments. Furthermore, digital literacy can help students to become more informed and responsible digital citizens. With technology being so widely used, it is important for students to be aware of the potential risks associated with it and how to protect themselves and each other from potential harm.

In order to support students in developing their digital literacy, educators must have the necessary skills, knowledge, and resources to do so. This includes providing guidance on how to use technology safely and responsibly, as well as teaching students about the potential risks associated with using it. Additionally, educators should be familiar with a variety of digital tools and resources to help students access and create content. It is also important for educators to be aware of the various ways that digital tools can be used to enhance learning experiences in the classroom.

Overall, digital literacy is an essential skill for 21st century students and it is important for educators to help them develop the skills to use technology in a safe, responsible, and informed manner. By doing so, students will be better equipped to use digital tools to their advantage and become successful digital citizens.

• Decrypt Studios held the inaugural Crypties awards gala in December 2022 at Art Basel in Miami.
• Presenters from a range of crypto projects awarded statuettes in nine categories, with emcee Josh Ostrovsky („The Fat Jewish“) and sponsors including Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.
• Onstage panels and interviews from conferences and summits featured topics such as how the Tezos blockchain has used a proof-of-stake mechanism since its inception, raising venture money even during Crypto Winter, and NFT gaming.

In December 2022, Decrypt Studios held the inaugural Crypties awards gala at Art Basel in Miami. With emcee Josh Ostrovsky („The Fat Jewish“) and presenters from a range of crypto projects, statuettes were awarded in nine categories. Katrina Wolfe accepted the Cryptie for Crypto Unicorns from presenter Avery Akkineni of Vayner3, with the other nominees in the category being Stepn, Zed Run, and Blankos Block Party. The evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

Onstage panels and interviews from conferences and summits featured topics such as how the Tezos blockchain has used a proof-of-stake mechanism since its inception. Kathleen Breitman, co-founder of Tezos, talked about her admiration for Tendermint, Ethereum, and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves at Web Summit in Lisbon. Meanwhile, at 0xpo Summit in San Francisco, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for an extensive panel on raising venture money even during Crypto Winter.

The Crypties awards provided an in-depth look into the crypto industry and offered an evening of celebration for the crypto community. With the help of sponsors, presenters, and attendees, the Crypties were able to recognize the hard work of the crypto space and provide a platform for learning and discussion.

Bullet Points:
• Crypto companies should seek legal advice before launching their projects to ensure the necessary regulations and laws are met.
• Lisa Rubin, a blockchain attorney with Paul Hastings, discussed legal misconceptions of the industry.
• Decrypt Studios held the inaugural Crypties Awards gala in December 2022.

Cryptocurrency has become a major part of our lives in the past few years. With its increasing popularity, it is important for crypto companies to seek legal advice before launching their projects. This is important to ensure that all regulations and laws are being met.

Recently, Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco on November 3 to discuss legal misconceptions the industry still holds. Rubin discussed topics such as why crypto companies need to seek legal advice, the importance of securities laws, and the need for clear communication between companies and the public. Rubin believes that it’s important for crypto companies to seek legal counsel even before launching their projects. She said, „It is important for companies to understand the legal and regulatory requirements that they need to comply with from the very beginning.“

Rubin also touched upon the importance of securities laws and how they apply to cryptocurrency companies. She said that it is important for companies to understand their obligations under securities laws and be aware of the potential risks associated with their projects. She also said that companies must take the necessary precautions to ensure that their projects are compliant with the law and that they are meeting their obligations to investors.

In addition to Rubin’s discussion on legal matters, Decrypt Studios held the inaugural Crypties Awards gala in December 2022. The event was hosted by Josh Ostrovsky („The Fat Jewish“) and was sponsored by a range of crypto projects. During the event, awards were given out in nine different categories. The evening was a celebration of the cryptocurrency industry’s growth and success.

Crypto companies need to take the necessary steps to ensure their projects are compliant with laws and regulations. Lisa Rubin’s discussion on legal matters and the Crypties Awards gala highlighted the importance of understanding the legal requirements of the industry and celebrating its accomplishments. With the increasing popularity of cryptocurrency, it is important for companies to seek legal advice before launching their projects to ensure their success.

Investors and cryptocurrency enthusiasts just took a huge sigh of relief. Jerome Powell- Chairman of the Federal Reserve- has confirmed that he „has no intention“ to prohibit cryptocurrency across the US.

Powell’s Position on Crypto

The chairman reiterated that he was correct and clarified the position when he testified before congress. House Rep. Ted Budd asked Powell to provide an explanation of one of his previous remarks on the subject. Jerome Powell. Signals The signals that Quantum Ai platforms utilize to generate revenue for all its customers are a notable element of this platform. The month of July saw Powell added his name to a long list of experts who suggested that the use of cryptocurrency should be halted in an upcoming congressional hearing. In a speech on the possibility of the creation of a CBDC the spokesman claimed that it would eliminate the need for cryptocurrency.

He also called this result „one of the stronger arguments in its favor.“ So, he suggested that it would be a great thing. But it was when Bundy sought clarification from the chairman whether that was the intention, Powell admitted he „misspoke.“ There is no… there is no plan to prohibit them. However, stablecoins are similar to money market funds, similar to bank deposits.

They’re not within the regulatory boundaries.

It’s proper that they operate within the framework of the rules. Similar activities, same regulations. While not the expected outcome, some investors as well as thinkers have been worried about a US restriction on cryptocurrency. This would be similar to China’s recent prohibition on all transactions involving cryptocurrency within the country. This would also have been a resemblance to what happened when they confiscated the United States confiscated its citizen’s gold in 1933. Powell’s words from today have calmed the fears of Bitcoin users. Michael Saylor, who often uses the term Bitcoin being „digital gold,“ tweeted Powell’s tweet today, and it has racked up more than 20 thousand followers.

What Powell Worries About

Powell doesn’t seem to believe that the nation is in danger enough from cryptocurrency to warrant banning it. He went as in the direction of calling Bitcoin an „failure“ as a currency with a focus on volatile prices and the absence of any use-case. He says the most important issue is the stablecoins that see daily use as a means for exchange.

For instance Tether (USDT) has been deemed the biggest stablecoin in terms of market capitalization and has more than twice the Bitcoin daily transactions. SEC Chair Gary Gensler also shows skepticism of stablecoins. They are a popular method for transactions outside the US regulation framework. They even called them „poker chips at the casino gaming tables“ in the last week.