The headlines that defined 2022 were:
Q1 - Macro, war, exploits and LUNA
Q2 - Macro, LUNA collapse and contagion
Q3 - Ethereum merge and contagion
Q4 - FTX and contagion
According to the data, MicroStrategy holds more Bitcoins than the top 30 public companies combined, including Coinbase. As of December 2022, Tesla also has about 2x of the number of Bitcoins held by Coinbase.
#IoE AI- Advantages of AI Quantitative Trading
There are many advantages of AI Quantitative Trading. Here we cover 4 main advantages. These include:
🔸Highly efficient & fast
🔸Rational & objective
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The largest bank in Singapore, DBS bank, announced that it had become the first bank in Asia to complete an intraday blockchain-based repurchase transaction. The settlement took a few hours instead of the current industry norm of one to two working days.
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🔥By providing simple, convenient, and secure payment and trading services. #achieves this using:
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The EU might ban banks and crypto companies from dealing in privacy-enhancing coins such as zcash, monero and dash under a leaked draft of a money laundering bill.
#IoE AI- Advantages of AI Quantitative Trading
There are many advantages of AI Quantitative Trading. Here we cover 4 main advantages. These include:
🔸Highly efficient & fast
🔸Rational & objective
🔸Highly responsive
🔸Distributed risks
#IoE AI #AITrading
⚡️IoE AI Digital Smart Quantitative Strategy Models⚡️
💠Fast and Efficienct
💠Objective and Rational
💠Timely and Accurate
💠Diversifiable Risk
🌐High learning threshold
🌐High risk, low return
🌐Demand all-time monitoring
🌐Difficult to summarize patterns
DeFi yields have fallen to the lowest levels in history, while the US bond treasury yields keep increasing with the Fed's new policy. If the trend doesn't reverse, most of the capital might outflow from crypto to the safer option - US government bonds.
The United States has announced that the GDP growth in the third quarter was 2.6%, the highest figure since the Q4 of 2021. Earlier, Elon Musk said that the U.S. economy is growing strongly but Europe and China may fall into recession.
Norway is stepping into the metaverse to establish Decentraland Tax Office. The move is part of the country's effort to educate a younger audience about taxes related to DeFi and NFTs
In a recent interview, Cathie Wood, the Founder and CEO of ARK Investment said that she once bought $100,000 worth of Bitcoins when it cost about $250 and held it all until now.
Mining difficulty has increased by 3.44%. Meanwhile, the miners' cost per one Exahash has reached $66,500 - a record low level. That means miners get the lowest income for their computations compared to their mining power.
Top crypto exchange Kraken has sent an email to all users to inform them that the exchange will stop serving Russian users. In addition, the funds of users in Russia will be frozen and can only be unfrozen by contacting the customer service department.