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BudBlockz Vs. Bitcoin, Ethereum, And Tether: Which Crypto Is The Real Winner?

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BudBlockz Vs. Bitcoin, Ethereum, And Tether: Which Crypto Is The Real Winner?

The crypto market may be currently experiencing a ‘crypto winter.’ After every past bear market, cryptocurrencies have come back stronger than ever.

That is why investors should look for opportunities and make well-researched buying decisions while the market is down.

This guide will look at the crypto space to find which project is the real winner in this crypto winter.

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>>> BUY BUDBLOCKZ TOKEN NOW <<<

BudBlockz (BLUNT)

BudBlockz is the first global decentralized online eCommerce for cannabis enthusiasts to access the global cannabis markets securely.

The company aims to establish an open, traded environment for new and experienced cannabis enthusiasts to access the global market with decentralization and privacy.

The project plans to facilitate NFT fractional ownership, marijuana farm ownership, and eCommerce opportunities.

BudBlockz provides many innovative features to help its users get involved with the cannabis industry, including decentralized digital trading, decentralized NFT marketplace, decentralized Ecommerce, etc.

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BudBlockz’s native token, BLUNT, powers the platform’s ecosystem and can be used by investors and community members to transact, invest, and trade within and outside the BudBlockz ecosystem.

BudBlockz (BLUNT) is attracting a large volume of crypto investors and is gradually becoming one of the top holdings for some crypto whales hoping to surpass Bitcoin, Ethereum, and Tether.

BudBlockz (BLUNT) is currently holding its stage four presale. This an excellent opportunity for new and old investors to embrace a community that upholds sustainable values. 

>>> BUY BUDBLOCKZ TOKEN NOW <<<

Bitcoin (BTC)

Bitcoin is a digital asset and payment system with a market capitalization of around $409 billion as of the time of writing this.

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It is considered by many to be the most successful digital currency ever created. The first-ever bitcoin exchange-traded fund (ETF) was launched in 2021, pushing the crypto to new all-time highs.

Many holders have made their wealth with Bitcoin by creating products to grow Bitcoin’s still-nascent ecosystem. For instance, some have created exchanges for trading cryptocurrency and its derivatives.

Others have used it to create financial products and minted millions of tokens. Their products and services have benefited from a surge in price and popularity for Bitcoin.

Still, Bitcoin is a risky asset class. The absence of regulatory bodies and the crypto’s price volatility have attracted criminals and investors alike.

Ethereum (ETH)

Ethereum is a decentralized software platform powered by blockchain technology. It is mostly known for its native token, Ether (ETH).

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Developers use Ethereum to create secured digital technology. Its token can be used to pay for work supporting the blockchain, but participants can also use it to pay for tangible goods and services if accepted.

Ethereum is designed to be secure, programmable, scalable, and decentralized. It is the blockchain of choice for many enterprises and developers.

It supports smart contracts, an essential tool behind decentralized applications. Decentralized finance (DeFi) and other crypto applications use smart contracts with blockchain technology. 

ETH can be volatile, putting investment capital at risk. Many experts have warned that Ethereum may see little gains in the next decade.

Tether (USDT)

Tether (USDT) is a stablecoin pegged against the U.S. dollar and backed 100% by Tether’s reserves.

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Tether is owned by iFinex, the Hong Kong-based company that owns the crypto exchange BitFinex.

Tether was launched as RealCoin in 2014 and later rebranded as Tether. It started trading in February 2015.

Originally based on the Bitcoin blockchain, Tether now supports Bitcoin’s Omni and Liquid protocols and the Ethereum, TRON, EOS, Algorand, Solana, OMG Network, and Bitcoin Cash (SLP) blockchains.

When writing this, Tether was the third-largest cryptocurrency after Bitcoin (BTC) and Ethereum (ETH) and the largest stablecoin with a market capitalization of nearly $66 billion.

Stablecoins like Tether make little sense as an investment because they are not meant to increase in value. They only operate as a store of value since one USDT always equal one dollar.

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Use promocode: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st.

Purchase or learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/

Presale Registration: https://app.budblockz.io/sign-up 

BudBlockz Community Links: https://linktr.ee/budblockz

The post BudBlockz vs. Bitcoin, Ethereum, and Tether: Which Crypto is the Real Winner? appeared first on Analytics Insight.

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Russians Offered Ready-Made Crypto Exchange Accounts Amid Restrictions

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Russians Offered Ready-Made Crypto Exchange Accounts Amid Restrictions

Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity experts told the Russian press.

Supply of Crypto Exchange Accounts for Russian Users Doubles in a Year of Sanctions

More and more ready-to-use accounts for cryptocurrency exchanges are being sold to Russian residents. While this is not a new phenomenon — such accounts are often employed by fraudsters and money launderers — the current growth in supply has been attributed to the restrictions imposed by the trading platforms on customers from Russia, as a result of compliance with sanctions over the war in Ukraine.

Russian residents have been buying these accounts despite the dangers, including the risk that whoever created them could maintain access after the sale, the Kommersant reported. But they are inexpensive and offers on darknet markets have doubled since early 2022, Nikolay Chursin from the Positive Technologies information security threat analysis group told the business daily.

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According to Peter Mareichev, an analyst at Kaspersky Digital Footprint Intelligence, the number of new ads for ready-made and verified wallets on various exchanges reached 400 in December. Proposals to prepare fake documents for passing know-your-customer procedures also rose, the newspaper revealed in an earlier article last month.

Simple login data, username and password, is typically priced at around $50, Chursin added. And for a fully set up account, including the documents with which it was registered, a buyer would have to pay an average of $300. Dmitry Bogachev from digital threat analysis firm Jet Infosystems explained that the price depends on factors such as the country and date of registration as well as the activity history. Older accounts are more expensive.

Sergey Mendeleev, CEO of defi banking platform Indefibank, pointed out that there are two categories of buyers — Russians that have no other choice as they need an account for everyday work and those who use these accounts for criminal purposes. Igor Sergienko, director of development at cybersecurity services provider RTK-Solar, is convinced that demand is largely due to crypto exchanges blocking Russian accounts or withdrawals to Russian bank cards in recent months.

Major crypto service providers, including leading digital asset exchanges, have complied with financial restrictions introduced by the West in response to Russia’s invasion of Ukraine. Last year, the world’s largest crypto trading platform, Binance, indicated that, while restricting sanctioned individuals and entities, it was not banning all Russians.

However, since the end of 2022, a number of Russian users of Binance have complained about having their accounts blocked without explanation, as reported by Forklog. Many experienced problems for weeks, including suspended withdrawals amid prolonged checks, affected customers said. The company told the crypto news outlet that the blocking of users from Eastern Europe and the Commonwealth of Independent States was related to the case with the seized crypto exchange Bitzlato.

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Account, accounts, conflict, Crypto, crypto exchange, crypto exchanges, Cryptocurrencies, Cryptocurrency, cybersecurity, dark web, darknet, Darknet Markets, Exchange, Exchanges, experts, invasion, restrictions, Russia, russian, Sanctions, Supply, Ukraine, War

Do you think the restrictions will push more Russians towards buying ready-made accounts for cryptocurrency exchanges? Share your thoughts on the subject in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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$1.25 billion

Arbitrum-Based Vest Exchange Emerges, Aims To Democratize Perpetual Futures 

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Arbitrum-Based Vest Exchange Emerges, Aims To Democratize Perpetual Futures 

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big Brain Holdings.

Vest Aims to Revolutionize Defi Perpetuals With Cutting-Edge Risk-Engine and Backing From Prominent Investment Firms

The creators of a new dex platform built on the Arbitrum layer two blockchain announced on Jan. 28, 2023, that the project has emerged from stealth mode. The project, called Vest Exchange, closed a seed round with investments from firms including Jane Street, QCP Capital, Big Brain Holdings, Pear VC, Cogitent, Moonshot Research, Fugazi Labs, Ascendex, Builder Capital, Infinity Ventures Crypto, and Robert Chen (Ottersec). Vest Exchange also provided a summary of the project in a blog post published on the same day.

Vest believes the decentralized finance ecosystem depends on decentralized exchange platforms for its strength. However, the team at Vest believes that current prominent exchanges have limitations, including “high barriers for market listing, lack of risk management, and unclear risk and return for liquidity providers.”

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Vest explained that the dex solves these three issues by leveraging a special risk-engine. Further, research and modern techniques are utilized to “unlock new illiquid markets faster than any other centralized or decentralized exchange.” Vest’s blog post adds:

We hope that Vest will elevate the standard of perpetual futures trading by democratizing access to unique trading opportunities in all markets.

Arbitrum is a layer two project and the fourth-largest blockchain in decentralized finance, with $1.25 billion in total value locked. The largest protocol on the Arbitrum network, in terms of total value locked, is GMX, a decentralized derivatives exchange that connects to the Avalanche blockchain network. The blog post for Vest’s launch notes that a Discord and Testnet will be launched soon. Vest has also established a research forum, research.vest.xyz, for general research into decentralized finance.

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$1.25 billion, Arbitrum, AscendEx, Avalanche blockchain network, Big Brain Holdings, Blog Post, Builder Capital, Cogitent, decentralized exchange, decentralized finance, DeFi, Defi Dex, defi research, democratizing, DEX, Discord, Fugazi Labs, GMX, high barriers, illiquid markets, Infinity Ventures Crypto, Jane Street, Layer two, Liquidity providers, market listing, modern techniques, Moonshot Research, Pear VC, perpetual futures, QCP Capital, research forum, Return, risk management, risk-engine, Robert Chen (Ottersec), seed round, testnet, total value locked, Vest Exchange

What are your thoughts on Vest Exchange’s mission to democratize perpetual futures trading and shake up the decentralized finance landscape? Let us know in the comments below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Best Options this Week

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Best Options this Week

Looking for the best options this week? The government and the Federal Reserve have created plenty of volatility for options traders to sink their teeth into. Whether you want to play the NASDAQ’s meteoric rise or the buzz redirected into recovery stocks, you may want to look into options trading strategies. As with any trading strategy, the most important aspect is to match the trade with your personality. If you don’t have the stomach to weather an earnings announcement, you don’t have to. 

Here are the best options this week for every trading blueprint.

Quick Look at the Best Options This Week:

  • Peloton
  • NextEra Energy
  • Baidu
  • Zoom
  • Progressive

1. Peloton (NASDAQ: PTON)

Peloton (NASDAQ: PTON) makes interactive fitness equipment sold in North America and abroad. It offers live streamed, on demand and interactive touch screens such as the Peloton Tread, Peloton Bike and digital applications for virtual exercise classes. Peloton currently has 2.9 million subscription users and counting.

The stock has a market capitalization of $3.1 billion. Peloton’s 52-week low is $8.73 and its 52-week high is $127.57. Its high liquidity levels trade an average of 12,671,135 shares per day and 2021 revenues hit $4.02 billion.

2. NextEra Energy (NYSE: NEE)

Headquartered in Juno Beach, Florida, NextEra Energy Inc. is a leading clean energy company. It owns and operates 2 businesses — Florida Power & Light Company and NextEra Energy Resources. Florida Power & Light Company is the largest rate-regulated electric utility in the U.S. and serves more than 5.7 million customers.

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The energy stock has a market cap of $158.162 billion and in 2021 a EPS of $0.84. It has a 52-week low of $67.22 and a 52-week high of $93.73. NextEra Energy has an annual dividend yield of $1.62 per share. It has high liquidity and trades more than 10.4 million shares per day. NextEra Energy has generated revenue of $17.1 billion in 2021.

3. Baidu (NYSE: BIDU) 

Baidu is a global leader in providing of internet search services. It operates business through 2 segments – Baidu Core and iQIYI. It offers a range of products including Baidu App, Baidu Feed, Haokan and Quanmin.

The internet service stock has a market cap of $49.1 billion. It has a 52-week low of $101.62 and a 52-week high of $187.48. Baidu has high liquidity and trades more than 9.3 million shares per day. It generated revenue of $107 billion in 2019.

4. Zoom (NYSE: ZM)

Headquartered in San Jose, California, Zoom is a communications technology company. It helps businesses and organizations bring their teams together in a frictionless environment to get more done. Its product is a reliable cloud platform for video, voice, content sharing and chat. Zoom runs on mobile devices and desktops.

The tech stock has a market cap of $33.36 billion and has an EPS of $1.44. It has a 52-week low of $79.03 and a 52-week high of $404.34. Zoom has high liquidity and trades more than 5.37 million shares per day. It generated revenue of $4.09 million in 2021.

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5. Progressive (NYSE: PGR)

Founded in 1937, The Progressive Corporation is a leading insurance provider in the U.S. It provides insurance for personal, commercial, auto and residential properties. The Progressive Corporation has over 18 million customers across the U.S.

The insurance stock has a market cap of $69.52 billion and an EPS of $8.63. It has a 52-week low of $89.35 and a 52-week high of $122.23. The Progressive Corporation has an annual dividend yield of $0.4 per share. It has high liquidity and trades more than 3.06 million shares per day. It generated revenue of $$47.7 billion in 2021.

Benzinga Options Newsletter

Whether you already know how to trade options or you are looking for ideas, the Benzinga options newsletter is a great resource for up to date strategies for today’s market. As the market changes, your strategies must change. Read the newsletter for a guide to help you navigate today’s once in a lifetime opportunities. You can also register for Benzinga Pro to see charts, key data and additional information on every stock, cryptocurrency, option, etc. you choose.

Best Option Strategy to Use this Week

It also seems as though cooler heads are prevailing when it comes to stopping the spread of COVID-19. Daily reported cases are down from July highs. Daily reported deaths are down 75% from April highs. Let’s hope they stay there.

Most options strategists are assuming a short term bottom in the market at our current levels. The Chicago Board Options Exchange (CBOE) put/call ratio now stands at 0.5, meaning the market is bullish on itself. If you want to speculate, smart money is moving slightly away from downside protection to capture more of the upside potential. Consider bull call spreads on stocks you like and perhaps even a synthetic long position in a recovery stock.

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Best Options Brokers

Your options broker is just as important as your strategy — your broker helps to define your execution. Here are some of the reputable brokers you can depend on for industry-standard uptime, negligible latency and a powerful user interface.

Claim Exclusive Offers

  • Best For

    Active and Global Traders

    securely through IBKR Options’s website

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  • Best For

    Intermediate Traders and Investors

    securely through Webull’s app

  • Best For

    Overall Global Broker for Short Selling

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    securely through TradeZero’s website

Regardless of your risk tolerance, take the time to understand the benefits and risks of trading options before getting in over your head. We are currently in 1 of the most unpredictable markets of the modern era. There is no shame in leaning on your paper trading options account to learn how you react to strategies in the real world and to build a personalized data set.

Should you choose to join the battlefield, make sure that you give yourself a set of unbreakable rules. Be honest about your trading personality and even more honest about your trading ability. Successful traders dedicate extraordinary amounts of time and resources to success in trading, so make sure you put in your time. That time is more important than any amount of money you could ever invest.

Frequently Asked Questions

Q

Why do people trade options?

A

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People buy call options when the price of a stock is expected to rise. People buy put options when the price of a stock is expected to fall. On the other hand, people sell calls when the price is expected to fall or stay the same and people sell puts when the price is expected to rise or stay the same.

Q

How do you make money off options?

A

Options profit is calculated by:

(Difference in buying and selling price of premium) (lot size) (number of lots)

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