Cryptos Soar: TMS Network (TMSN), Bitcoin (BTC) & Cardano (ADA) Lead the Way!

• November 2021 saw cryptos peak and then lose massive amounts of value in 2022.
• 2023 has been a different story, with Bitcoin (BTC) hitting an eight-month high at just shy of $25k and Cardano (ADA) doubling Bitcoin’s (BTC) recovery.
• TMS Network (TMSN) is now in the first phase of presale, and many investors are reaping the rewards from trading Bitcoin (BTC).

Crypto Market Reaches Bull Run In 2023

The crypto market underwent a difficult phase during the year 2022, but sentiment changed in 2023 as the markets started to turn their heads. TMS Network (TMSN), a decentralized blockchain-based platform providing a secure, scalable, and sustainable infrastructure for building and running decentralized applications and smart contracts, is currently in its first phase of presale.

Bitcoin (BTC): Sentiment Drives Recovery & Profits

After peaking in November 2021 with prices reaching just south of $70K, Bitcoin (BTC) encountered what was called ‚crypto winter‘ where values tumbled throughout 2022. However, renewed hope and optimism came to fruition when Bitcoin hit an eight-month high at just shy of $25k by February – leading to considerable profits for those who held or traded on reliable exchanges.

Cardano (ADA): Outpacing The Big Tokens For Bigger Yields

As the leader of the pack, Bitcoin’s movements set off proportional effects on other crypto assets like Cardano (ADA) which went on to double Bitcoin’s recovery rate due to its proof-of-stake consensus algorithm that provides transaction validation and network security with layered architecture. This made it possible for traders looking for bigger yields over quicker periods of time more profitable investments as opposed to Bitcoin which is slower but steadier.

Market Grows Wherever Cryptos Grow

The growth or fall of any one crypto asset has the potential to affect other assets similarly; this means that when one asset increases so does another until a balance is established. This concept can be seen in action through Cardano’s recent rise that attracted yields much greater than those experienced by holders buying into bitcoin – however these yield differences are always subject to change if either asset rises or falls beyond expected levels.

Investment Benefits From ‘Buy Low Sell High’ Adage

This idea ties into the concept behind investment strategies like ‚buy low sell high‘ wherein investors buy into assets during times when prices are low so they can benefit from increased values once markets start moving again – this is especially important when dealing with volatile markets such as cryptocurrencies since losses tend to be greater than gains if not managed properly. As such it goes without saying that making sure trades are done using reliable exchanges is paramount if one wishes to maximize returns while minimizing risk exposure

TangleHUB Expands in Europe, Offering Billion-Dollar Decentralized Storage

• TangleHub, a leading software development company specializing in decentralized networks, recently partnered with Austrian node provider DLT.GREEN to expand the use of its decentralized storage solution PIPE across Europe.
• PIPE is an open-source decentralized storage infrastructure that offers secure and efficient storage solutions. It works in tandem with the IOTA Tangle and provides greater flexibility by handling data-heavy applications without any hard limit on the number of transactions.
• The partnership between TangleHUB and DLT.GREEN will help streamline the process of deploying PIPE nodes, ultimately providing users with secure and efficient storage solutions.

TangleHub Partners With DLT.Green To Expand Decentralized Storage Solution

The innovative installation solution by DLT.GREEN will make it easy for TangleHUB to offer its decentralized storage solution, PIPE, across Europe in an easy and cost-effective manner. On Tuesday, February 14th, TangleHUB – a leading software development company specializing in decentralized networks – announced its partnership with Austrian node provider DLT.GREEN to expand the use of its decentralized storage solution PIPE across Europe.

What Is The PIPE Decentralized Storage Solution?

PIPE is an open-source decentralized storage infrastructure that allows testing edge micro-storage solutions as well as high-volume data applications which are secure, scalable, fast and give users ultimate control over their data. It works in tandem with the IOTA Tangle and provides greater flexibility by handling data-heavy applications without any hard limit on the number of transactions. Some of the key attributes of this solution include scalability, immutable data storage and transfer, user-oriented design, performance etc.. Recently it achieved a major milestone by hitting 75 powerful nodes thus supercharging its current testing phase while further strengthening the network’s stability and reliability .

Goals Of This Partnership

The main goal of this partnership between TangleHUB and DLT.GREEN is to push for wider adoption of its decentralized storage solution across Europe which will provide users with secure and efficient storage solutions . Dennis Schouten , CEO & Co-Founder at TangleHUB also shared his enthusiasm regarding this recent partnership noting “I’m looking forward to this partnership with DLT.GREEN and the opportunities it presents” . He added “We’re eager to work together to further develop our decentralized storage network ,PIPE ,and expand its reach” .

About DTG Green

DTG Green is basically a decentralized focused node pool which offers reliable nodes for several different uses cases through an API .This kickstarts their efforts towards pushing for wider adoption fo their decentralised Storage Solution throughout Europe .

Conclusion

The partnership between both parties has been established in order to boostthe use of decentralised Storage Solutions within Europe ,thus allowing users access to more cost effective ,secure & efficient Storage Solutions

Fed: Bitcoin Shares Many Features of Gold, Not USD

• The Federal Reserve Bank of New York recently conducted a study on Bitcoin, concluding that it is unresponsive to both monetary and macroeconomic news.
• Bitcoin more closely resembles gold and other precious metals as a store of value than the United States dollar due to its high volatility.
• The study formulated a simple speculative asset model to determine future probabilities related to Bitcoin value, which indicated that monetary news about the future path of policy has larger effects on Bitcoin price than those about the current target rate.

Federal Reserve Bank Study Finds Bitcoin Shares Features with Gold

The Federal Reserve Bank of New York recently conducted a study on Bitcoin, concluding that it shares many features with gold but is unresponsive to both monetary and macroeconomic news. This suggests that Bitcoin is better used as a store of value similar to gold and other precious metals than as payment due to its high volatility.

Speculative Asset Model Used To Analyze Future Probabilities

In order to analyze future probabilities related to Bitcoin value, the study formulated a simple speculative asset model. The results suggested that monetary news about the future path of policy has larger effects on Bitcoin price than those about the current target rate. For example, an unexpected increase in US inflation may lead to higher input costs for exports, making them less competitive in global markets and potentially affecting the price action of Bitcoin.

Bitcoin Price Reacts With Increased Volatility Before & After FOMC Statements

The report also found that before and after Federal Open Market Committee (FOMC) statements touching on interest rates, there was increased volatility in the price action of Bitcoin. This highlights how important economic announcements can be for understanding how changes in macroeconomic variables affect crypto assets like bitcoin in particular.

Conclusion: Crypto Assets Cannot Be Used As Payment At Scale

Overall, this report showed that crypto assets cannot be used as payment at scale due their inherently high volatility compared with traditional assets such as gold or stocks. Although these findings are not new or surprising given previous commentary from Federal Reserve Chair Jerome Powell back in 2021, they do provide further evidence for why crypto assets should be seen primarily as stores of value rather than currencies for day-to-day transactions at present.

Key Takeaways From Fed’s Report On Cryptocurrency

• Crypto assets cannot be used as forms of payment at scale due to their high volatility when compared with traditional assets like gold or stocks;
• Monetary news about the future path of policy has larger effects on Bitcoin price than those about the current target rate;
• Before and after FOMC statements touching on interest rates there is increased volatility in cryptocurrency prices; • Fed Chair Jerome Powell previously noted back in 2021 that crypto assets are too volatile to be used as currency for day-to-day transactions at present

VVF Invests $5M in Everscale Blockchain to Expand Asia Presence

• Venom Ventures Fund invested $5 million in the Everscale Blockchain.
• The Abu Dhabi-based venture fund is partnering with the load-intensive blockchain project to expand its operations within Asia.
• The investment will be used to fund the expansion of Everscale’s development team and projects.

The Abu Dhabi-based venture fund, Venom Ventures Fund (VVF), has made a strategic investment of $5 million in the Everscale blockchain. The investment will be made in stages and will be used to fund the expansion of Everscale’s development team and projects. This move marks a major milestone for both parties, as it will enable Everscale to prove itself and expand its operations within Asia.

The investment has been made in light of Everscale’s underlying technology and its “infinite sharding mechanism”, which allows the Everscale network to adapt to any workload without affecting throughput and processing fees. Peter Knez, Chairman of Venom Ventures Funds, made it clear in a statement that this is a strategic investment aimed at the technological development of projects. He also revealed that VVF would be launching the Venom blockchain soon, and Everscale would be a potential scaling solution.

The additional funding from Venom Ventures Fund will be used for the research and development of Everscale’s scaling solutions. This will include the development of complex technical solutions, as well as the testing of updates on the experimental Everscale network before uploading to Venom’s blockchain.

Everscale Foundation Board Member Moon Young Lee stated that the investment was a major milestone for both parties. He believes that Everscale has been grossly underappreciated in the market and this partnership will enable it to prove itself.

The strategic partnership between the Abu Dhabi-based venture fund and the load-intensive blockchain project is expected to greatly benefit both parties. VVF will gain access to Everscale’s scaling solutions, while Everscale will receive much-needed funding to expand its operations within Asia.

Overall, Venom Ventures Fund’s $5 million investment in Everscale is a major boost for the blockchain project. It is expected to bring about immense growth opportunities for both parties in the near future.