Cred digital currency

1.

If you want to participate in the transaction of digital currency, you must understand the digital currency ecosystem

It can be said that digital currency exchange is the most important part of the whole instry. Digital currency exchange provides investors and traders with the capital channel to buy and sell digital currency. At the same time, the trading activities of the exchange determine the price of many digital assets

according to coinmarketcap, the capital flow of digital currency exchanges is huge, with the average daily trading volume of the top five exchanges exceeding US $3 billion

there are hundreds of digital currency exchanges around the world, some of which operate globally in mainstream markets, while some focus on niche markets

for example, AAX is committed to providing services for digital currency traders and institutional investors, integrating the digital currency world with the global economy, and providing unparalleled first-class technical capabilities using the matchmaking engine supported by lseg technology

many substitutes have successfully occupied a certain market share shortly after their launch. What digital currency exchanges have in common is that they together provide the development soil for these alternative currencies

digital currency is no longer limited to bitcoin. Other digital currency assets, such as eth, XRP, BCH, usdt, LTC, EOS, xtz, etc., have a place in the portfolio and diversification strategies of many digital currency dealers

At present, there are many similarities between digital currency trading and foreign exchange trading, because the basic principles, tools, indicators and strategies used in foreign exchange are also applicable to digital currency trading. AAX College's digital currency trading section discusses these topics in depth and extensively

blockchain protocol

blockchain is the underlying technology that makes digital currency possible. There are many kinds of blockchain protocols, and the technical characteristics, advantages and disadvantages of each protocol are slightly different

for example, bitcoin blockchain relies on mining and pow (proof of work) mechanism to process transactions, while another blockchain may use dpos (proof of entrustment) mechanism instead of mining. In addition to bitcoin blockchain, other noteworthy protocols include eth, hyperledger, EOS, XLM, Iost, kin, TRX and stem. Among these blockchain agreements, ETH (Ethereum) is commendable in promoting the rapid innovation of the entire digital currency ecosystem

Ethereum platform was created by vitalik buterin, which indicates that developers can make better use of the resources of the platform by using their own programming language solidity. Ethereum has made blockchain technology all the rage, creating a new world of innovative decentralized applications on the basis of smart contracts and custom tokens. At present, most of the substitutes are based on Ethereum's erc20 standard

the district centered financial movement, or defi for short, is also basically based on the Ethereum blockchain agreement

financial services

for every service in traditional finance, Ethereum based defi applications have corresponding alternative versions for everyone to access. The defi app allows users to create stable currencies, lend money and earn interest, send and receive payments, get loans, trade, take positions in the forecast market, enter the real estate sector, and so on. Smart contracts are the key to making decentralized services possible. Once certain conditions are met, the smart contract will automatically perform the pre agreed activities

at the same time, traditional finance also began to provide new customized services for the field of digital currency. At present, some fund managers provide investors with the option of adding digital currency into their portfolios, the trustee provides security services for investors who invest a lot of money in digital currency, and many analysts in mainstream media (such as Bloomberg) also have a strong interest in digital currency

digital currency hardware

for those who like to build their own security measures, the huge digital currency hardware market can provide professional traders and long-term holders with the tools they need. Trezor and ledger are the most famous hardware wallets. They essentially provide the same value for digital currency traders, that is, a more secure way to store digital currency

of course, digital currencies stored in hardware wallets cannot be traded in the market. Therefore, digital currency traders usually allocate funds between the hardware wallet and the exchange according to a certain ratio according to their own trading style preference

There are so many activities of

data aggregators and blockchain analysis

cross blockchain, which proces a large amount of data, and also spawns the emergence of sub instries, namely data aggregators and blockchain analysis instries. Companies such as coinmarketcap are the preferred source for quick inspection of digital currency and exchange data. They collect statistics on trading volume, liquidity, market value, price trend, circulation and the whole instry, such as the total amount of money, the number of markets, the market value of the instry and the proportion of BTC market value

people who are more interested in blockchain analysis can find the required data in websites like blocktivity. Here, you can view the relevant data of each indivial blockchain agreement, including the number of operations in the last 24 hours, the average number of operations in the last 7 days, the market value and Cui index, that is, the remaining available capacity after the actual usage of the current blockchain agreement. All in all, these websites can provide valuable insights for the blockchain instry

for example, the average number of operations of Ethereum in the past seven days was 667000, with Cui slightly higher than 50%, while the average number of operations of EOS in the same time range was 63 million, with Cui slightly lower than 50%. Technically, the performance of EOS protocol is more powerful than that of Ethereum. However, this can not prevent Ethereum from occupying 70% of the total market value of the most mainstream currencies

digital currency media and conferences

in today's world, almost everyone is the publisher of content. Without we media instry, such a large-scale instry will no longer exist. Digital currency has given birth to a wide range of media patterns, covering news media, KOL and related conferences for currency, public chain and code

digital currency head media include coindesk, cointegration, bitcoin magazine, decrypt, CCN, bitcoinist, newsbtc, etc. Some KOLs are also well-known, sometimes even more popular than the news media

YouTube celebrities, such as datadash, dollar villante, altcoin buzz, Ivan on tech and boxmining, have subscribers from 200K to 300K. In the field of digital currency trading, the top stars of cryptotwitter include venture coinist, cryptocred and cryptodon alt, with 211k, 140k and 120K fans respectively

if you want to have face-to-face communication with companies and people, digital currency and blockchain meetings should not be missed. Every year, there are many conferences around the world for investors, blockchain experts, start-ups, institutional financing, currency or agreement related communities. In 2019 alone, we sponsored and participated in blockchain live in London, the capital summit hosted by coinmarketcap in Singapore and the world mobile conference in Shanghai. We have had exciting meetings with other digital currency companies and major financial institutions, and established contacts with regulators from different jurisdictions

digital currency supervision

with the continuous growth of the market and audience of digital currency instry, in most cases, financial regulators are still developing relevant frameworks to protect investors and consumers. Regulators may take a very different approach, which is a challenge for companies operating across multiple jurisdictions

ring the ICO boom in 2017 and 2018, many projects were launched before the regulatory framework was established, while some projects did not meet the criteria of the jurisdiction and were suspended ring the fund-raising process. All this comes from how to classify digital assets, and the understanding of classification is constantly changing. At present, we divide digital assets into security token and practical token

in the past year, with the proposal of Libra, the promotion of supervision is also increasing. The central bank is also actively exploring the significance of blockchain technology to its policies and economic activities, and constantly publishing reports

the rapid development of digital money ecosystem

these components of digital money ecosystem are growing and developing in an orderly way, contributing to the increasingly sound instry. From the minority interest in 2009 to the active digital asset economy, digital currency has come a long way

However, in order to achieve the development and wide participation of the instry, a strong ecosystem is not enough. We need a better link between digital money and global finance. The better the combination of digital currency and traditional finance, the easier it will be for newcomers to understand the digital currency ecosystem

for every novice, as exchanges, financial services, media and regulators graally adapt to the expectations of mainstream consumers, the digital currency instry will further develop, which may improve investment outcomes

2.

According to

crypto cred, this situation may indicate that there is not enough momentum to do long in the market

in addition, crypto cred also believes that the consolidation of bitcoin in the previous three months is a range consolidation, not a triangle consolidation, so once the horizontal support line is broken, the market sentiment will become very pessimistic

crypto cred also pointed out that in the daily K-line chart of bitcoin in September, the closing price of 24 days was lower than that of the previous day, which also showed that the whole trend was developing in a bad direction

Future trend, how to develop< p> Ledger status points out that bitcoin's stepping back into the $8000 or even lower range is likely to prepare for future actions

he believes that bulls need to take back several key positions first. First, bitcoin needs to go back above $8400, which is the 200 day moving average

he explained that if the price of bitcoin could get back to $8400, it could rise rapidly and retest $9400. After that, if bitcoin can further break through the previous integration range, it is very likely to create a new annual high

However, unfortunately, the 200 day moving average is becoming a strong resistance line. If bitcoin fails to break through this position, it is likely to go further down to the low of $6000

however, ledger status also points out that even if bitcoin goes further down to $6000, technically speaking, the long-term bullish trend has not been broken. He said,

"I remain bullish for a long time, unless bitcoin falls below its 200 week moving average (currently about $4600 and is still climbing), which marks the bottom of the first two bear markets."

finally, ledger status said that if the price of bitcoin can rebound above the 200 day and 20 week moving average, it will be quite optimistic for the market

up to now, the price of bitcoin is US $8070.5, and the market value of bitcoin accounts for about 67.1% of the total market value of the whole cryptocurrency

3. According to a 26 page report on defi lending procts released by graychain, a start-up company of encrypted credit assessment, encrypted lending is currently worth more than $4.7 billion, but lenders earn only $86 million (or 1.83%) in interest income

at present, credit is considered as one of the important mechanisms to increase the liquidity of the economic system. The higher the liquidity of the market, the higher the operation efficiency. In order to promote cryptocurrency to become a powerful medium of value exchange, we need to promote lending. Therefore, this report focuses on the analysis of the credit instry in defi (decentralized Finance). At present, all cryptocurrency lending procts are mortgage lending, in other words, 100% of cryptocurrency lending needs to be guaranteed

the report covers the past 24 months, including blockfi, Celsius, compound, cred, Dharma, dydx, ethlend, genesis, maker, NEXO, n ü o. Public data and resources of lending procts, including salt, and undiscovered capital, also include certain estimated data. According to the report, institutional clients are only a small part of this market< In the past 18 months, about 244000 loans have been issued; It is worth noting that many of them are short-term, including a few weeks or even days. The short time and frequent issuance of personal loans mean that the time value generated for lenders is small; The total value of loans is about $4.7 billion; The platforms with the largest transaction volume are Celsius and genesis, accounting for 65% of the loan issuance volume; The total number of indivial addresses is currently estimated at 114000. We expect this number to grow rapidly

an indicator to judge the health status of the instry is the total amount of interest collected. The report calculates the interest rates at which many of these loans are cleared or mature, and applies the average interest rate for each platform. Data show that about 35% of loans are still active. This means that the instry's capital utilization ratio is about 5.1% of its active value, or 1.8% of its lending value. Both numbers will grow

from our quarterly analysis, you can see that the number of loans is growing faster than the new address and the total amount of loans, which means that people are making more small loans, rather than borrowing millions at a time.

4. (1) noun

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act n. actress
address n. address; Speech; Talking
advantage n; Benefit
adventure n; Advice; Opinion
affair n; Things
African n.
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afternoon, afternoon
age n; Time vt. getting old
agriculture n; Agronomy
aim n; Objectives; Objective
air n; In the air
aircraft, aircraft
airport, air station
American n; American
American A. American
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Apple n.
April n.
area n.
arm n. arm, arm v. arm n.
army n.
arrival n; coming; To achieve
Art n; Art
Article n; Article
artist n; Artist
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Asia n.
Asian n.
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Assistant n; Teaching assistant
attention n; Attention
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aunt n. aunts, aunts, aunts, aunts, aunts
Australia n. Australians A. Australian
author n. autumn. Autumn, autumn
average n. average A. average
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background n.
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bag n, Bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag, bag; Library; Transaction VI. bargaining; Transaction
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beef n.
beer n.
beginning n; Origin
bell n. bell, bell n. belt, belt, belt; Area
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bicycle n.
bill n; Posters; Biology n; Ecology
bird n; be born; Birth n. birthday n. biscuit n Soft cake
bit n. a little, some
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blanket n.
blanket n.
block n; obstacle; Block
blood n. blood n. jacket
board n. board; Board
body n; Subject; Corpse
bone n. bone, bone
book n. book, book vt. reservation
boss n. boss n. command
bottle n. bottle n; A bottle
bottom n.
bowl n.
box n.
boy n.
brain n; Brain power, intelligence
branch n; tributary; Branch Road; Branch
break n. bread
breakfast n. breakfast
breath n; Breath
brick n; Brick
bridge n; Bridge
Britain, Britain
broom
brother n.
brush n; Brush
bucket n; Bucket; Bucket
building n; Architecture
bus n.
Bush n.
business n; Transaction
butcher n; *** Cream
button n; Button vt. button
cabbage n. cabbage
caf é n. Cafes; Small restaurant
cage n.
cage n.
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camera n.
camp n.
Canada n.
Canadian n. & A.
candle n.
cap n.
capital n.
capital n. & A.
Canadians; Captains in the capital; Team leader; Captain
car n.
car n.
card n; Business card
carpet n; Carpet
carrot n. carrot
cart n. two wheeled wagon
case n; fact; Cases
Castle n; Huge building
cat n. cat, Felidae, cat skin
cat n. cow
cause n; Cause v; Cave, cave, cave,
ceiling; Apical
cell n; Small room
center n; Central vt. concentration
century n; One hundred years
chain n.
chair n.
chairman n; Speaker, President
chalk n. chalk
chance n. opportunity
change n. change; Change vt; Change
check n. check v. check; Check
cheek n. cheek, face
cheese n. cheese n.
chemist n; Pharmacist
chemistry n.
cheque n.
chest n.
chicken n; Chicken
Chief n.
child n.
chimney n; Glass cover
China n.
Chinese A. Chinese n.
chocolate n; Chocolate candy
choice n.
Christmas n.
church n.
cigar n.
cigarette n.
cigarette n.
cinema n; Film, film; Film art
citizen; Citizens, residents
City, city
clap n; Thunderclap
class n; Grade; Class
classmate n.
classroom n.
clerk n; Secretary
clinic n; Consultation
clock n. clock, instrument
cloth; Cloth
clothes n; Bedding (plural)
clothing, bedding (general)
cloud n. cloud
Club n. Club; Community
Coal n. coal, coal block
coast n. coast n.
coat n; Skin
cock n.
coffee n.
coin n; Casting (coin)
coller n. collar, collar
collection n; Collectibles
College n.
Color n; Pigment
comb n.
Comfort n; Comfort vt. comfort
communication n. communism
Company n. companion; Colleagues
Company n.
composition n; Composition
computer n.
Comrade n.
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condition n; Status
conctor n Congratulations on the construction of the orchestra; Architecture; Building
content n; Capacity A. satisfied
continent n; It's convenient, convenient, convenient, conversational, informal conversation; Corn
corner n Street) corner
cottage, cottage
cotton; Cotton thread; Cotton cloth
counter n.
country n; Rural
countryside n. rural
couple n; Couple
Course n; Process; A dish
court n; Courtyard
cousin n.
cow n.
cream n; The color of crop is cream; Harvest
cross n. cross vt. & VI. through A. angry
crowd n. group; public; A group of people
cup n. cup vt.
cupboard n. cupboard n; Cupboard
curtain curtain; Soft cushion
Custom n; Customs
Customer n.
dad n.
daily A.
danger n.
date n.
daughter n.
dawn n; First day, day, day, death; December
decision n; Decisive
died n; Deeds
defense / defense n; Defense; Defense
degree n; Degree; Degree
delight n. & v.
Department n.
depth n; Deep and profound; Deep
description n.
desert n.
desert n.
desk n.
dialog n.
diamond
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dictionary n. diary n.
diction n.
dictation n.
dictionary n.
difference n; Poor quality; Difficultly n; difficult matter; Dilemma
dinner (lunch or dinner)
direction n; Director n; Director; Director
tea
n; Tea; Tea tree
teacher
n. teacher
team
n. team VI. cooperation
technology
n. technology, skill; Skills
telegram
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telephone
n. telephone VI. telephone
television
n; TV
temperature
n. temperature
tense
n. tense
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n. term
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test
n. & vt. test,
text
n. text; Textbooks
theatre
n; Theatre; Drama art
thief
n. thief
thing
n. thing
thought
n. thought; Thinking; Idea
thread
n. line
Thursday
n. Thursday
ticket
n. ticket Penalty summons
tiger
n. tiger
time
n. time; Times
tin
n; Can
tip
n; Tips; Suggestions
Title
n; Title
Tobacco
n. tobacco
toilet
n. toilet
tomato
n. tongue; Language; Oral English
tool
n; Appliance
tooth
n. tooth
Top
n. crown; First, A. top
tour
n. & VI. travel
tower
n. tower
Town
n. town
n. toys
track
n. footprints The track of train
tractor
n; Tractor
Traffic
n. traffic, street, vehicle
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n. transport
n. & v. transportation; Transportation
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