As countries around the world consider implementing CBDCs, it is critical to assess the possible regulatory powers they may have.

In this article, we examine five things that governments could ban or control more effectively using CBDCs. Raising important questions about individual liberties, privacy, and the evolving role of governments in financial transactions.

One of the most significant potential changes with the introduction of CBDCs is the ability to regulate. And potentially ban cash transactions. While cash provides anonymity and freedom from surveillance. It also facilitates illicit activities such as money laundering and tax evasion.

So, implementing CBDCs could restrict or eliminate the use of physical cash altogether. As all transactions would occur through digital means. This would enable stricter monitoring and control over financial activities. Providing governments with enhanced oversight to combat illegal practices.

Governments have shown concern over the unregulated nature of cryptocurrencies. And their potential use for illicit purposes. With CBDCs, authorities may seek to heavily regulate the use of unregulated tokens.

So, CBDCs provide governments with a centralized and regulated alternative. Ensuring better control over monetary policy, tax collection, and combating illicit activities. By controlling cryptocurrencies, governments can maintain stability and security within their financial systems.

CBDCs may empower governments to monitor and regulate peer-to-peer transactions more effectively. While P2P transactions currently exist in various forms, such as digital wallets and mobile payment apps. They often bypass traditional banking systems and lack proper regulatory oversight.

With CBDCs, governments can enforce strict rules and regulations on P2P transactions, ensuring compliance with legal and financial requirements. This could involve placing limits on transaction amounts, imposing fees, or requiring identification for every transaction, ultimately enhancing transparency and reducing the potential for illicit activities.

Governments could use CBDCs to ban or regulate high-risk investments, such as speculative assets or unregulated investment schemes. By implementing restrictions on certain investment vehicles or imposing capital controls. Authorities can protect citizens from potential financial losses and fraudulent schemes.

CBDCs offer governments the ability to monitor transactions in real-time. Allowing them to identify and intervene in risky investment practices promptly. While such measures may aim to protect individuals. They also raise concerns regarding individual financial autonomy and the role of governments in determining investment choices.

The implementation of CBDCs could enable governments to exert greater control over cross-border payments. Currently, cross-border transactions can be complex, expensive, and subject to delays. With CBDCs, governments can streamline and regulate cross-border payments, potentially reducing fees, improving efficiency, and enhancing security.

However, this increased control may also give governments the power to restrict certain international transactions. potentially impeding the free flow of capital and raising concerns about individual economic freedom and global trade.

As governments explore the possibilities presented by CBDCs. It is crucial to consider the potential impact on individual freedoms and privacy.Governments must tread carefully when considering bans or restrictions on routine items with CBDCs. It is essential to strike a balance between regulatory control and individual freedoms. Ensuring that any limitations imposed are reasonable, proportionate, and aligned with the principles of democracy and privacy.

To address concerns related to individual liberties and privacy, governments can implement robust safeguards and transparency measures. These may include clear guidelines on data protection, strict oversight mechanisms, and public accountability for the use of CBDC data. Engaging with experts, civil society organizations, and citizens can help shape regulatory frameworks. They strike a delicate balance between regulatory objectives and individual rights.

Furthermore, governments should explore ways to leverage the potential benefits of CBDCs without resorting to outright bans. By enhancing financial education and literacy, governments can empower individuals to make informed decisions. Reducing the risks associated with high-risk investments and unregulated tokens.

It is important to recognize that the implementation of CBDCs is not solely about imposing restrictions. It also offers opportunities for financial inclusion, efficiency, and innovation. CBDCs can provide secure and cost-effective digital payment systems. This enables greater access to financial services for underbanked populations.

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5 Incredible Things That Governments Can Ban With CBDCs - Altcoin Buzz

Altcoins offer diverse, innovative features, promising technological advancements and potentially lucrative investment opportunities.

Various altcoins can post handsome gains that surpass those of Bitcoin (BTC), particularly during times of increased popularity, known as altcoin seasons. However, analysis from K33 Research shows that over the long term, a Bitcoin-only investment strategy has been more profitable than an altcoin portfolio.

Bitcoin has had three consecutive bull and bear market cyclessince2013, with the latest coming in 2021. In each cycle, Bitcoins price rose parabolically in a concise span, usually a few months, after surpassing the peak of its previous cycle.

In 2013, BTC peaked at around $1,175, followed by a downtrend for two years. At the time, the altcoin market was in its nascent stage. The fiat on-ramps to Bitcoin were limited, and exchanges on which investors could convert to altcoins were rare.

However, by the end of 2015, a number of altcoins had arrived, including thelaunch of Ethereumand its native Ether (ETH)coin. A few exchanges had also been formed that supported the conversion of Bitcoin to other cryptocurrencies, paving the way for an altcoin market.

It was not until April 2017, when Bitcoins price broke above its 2013 top, that a bullish run occurred among altcoins. During the second half of 2017, the initial coin offering boom on Ethereum and retail investment hype around Ripples XRP (XRP) led to an altcoin season, with many tokens outperforming Bitcoin until January 2018.

Nevertheless, in the aftermath of the bull market, altcoins generally suffered greater losses than Bitcoin, suggesting the surge resulted from users buying them during Bitcoin bull markets with the hope of capturing higher returns.

The chart below shows that Bitcoin found support around $6,500 during the bear market of 2018 to 2019 after recovering from lows of $3,250 in late 2018. However, the total market capitalization of altcoins continued to hover around its lows for most of the duration of the bear market, only reversing the trend after Bitcoin broke above its previous peak of $20,000.

K33 Research calculated the performance of investing $1 each in 1,009 altcoins since 2015 as they entered the top 100 by market capitalization on CoinMarketCap versus the same amount invested in Bitcoin simultaneously.

The altcoin portfolio would be worth approximately $7,000 today, compared with $50,000 from the Bitcoin-only strategy.

Altcoins are usually narrative-driven, and many narratives die with the evolution of the market. For instance, privacy-based tokens were quite popular in 2017, but many have dropped out of the top 100 due to regulatory scrutiny.

Similarly, many of the decentralized finance tokensthat populated the market in 2020 such as Compounds COMP (COMP) and THORChain's RUNE (RUNE) have dropped out of the top cryptocurrencies by market cap due to declining DeFi usage and demand for holding non-yielding governance tokens.

Altcoins are also subject to volatility and unpredictable shifts, with regulatory uncertainty hovering over most. They may experience their individual altcoin seasons at different times, and the duration can vary significantly, requiring investors to have perfect timing to churn a profit.

K33s analysts found that since 2015, over two-thirds of the 1,009 altcoin projects that managed to creep into the top 100 have become inactive. Only 9.11% of these altcoins yielded positive returns, with only around 1.5% outpacing Bitcoins 50x returns.

The report adds that altcoin investments were only profitable two times since 2015: in 2017, when Etherand XRP were outperforming, and in 2021, during the hype surrounding Dogecoin (DOGE) and Shiba Inu (SHIB).

Notably, during the second half of 2021, when Bitcoin made new all-time highs at $69,000, altcoins posted relatively dull gains, with the exception of ETH.

Besides a breakout in Bitcoins all-time high, breakouts from crucial levels in Bitcoins dominance levels are another potent indicator that helps identify long-term trend reversals in altcoins.

Altcoin seasons during the previous two cycles were marked by Bitcoins dominance breaking below 60%. After the bullish trend reversal, the bottom in Bitcoins dominance also coincided with the top in the total market capitalization of altcoins.

If history repeats itself, Bitcoins dominance could rise further while altcoin performance remains subdued.

A breakout in Bitcoins dominance above the 50% level on June 19 thanks to BlackRock filing for a Bitcoin exchange-traded fund has opened room for further altcoin losses, as it marked a crucial historical resistance point.

In the latter half of the 20082022 bear market, Bitcoins dominance increased to over 70%. On the other hand, it performed relatively better, holding its price above the2018 lows of around $3,250. K33 Research also shows that this period marked significantly poor altcoin performances, making new lows toward the end.

Related:Crypto industry destined to be BTC-focused due to regulators: Michael Saylor

The K33 Research analysts added that while altcoin portfolios have shown the potential for greater profits than Bitcoin, they require timing the market or picking the altcoin winners. Anders Helseth, vice president of research at K33 Research, told Cointelegraph:

Given that Bitcoin has outperformed altcoins over the long run,dollar-cost averaging (DCAing) into Bitcoin can be an effective investment strategy for crypto investors.

To DCA means to regularly invest a fixed amount of money into a particular asset over a specific period, regardless of the investments price, to average the principal amount and remove the need to time the markets. Helseth told Cointelegraph that DCAing is a sensible, quite safe, simple crypto investment strategy.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Bitcoin only buy-and-hold investment strategy outperforms altcoins over the long term Analysis shows - Cointelegraph

A widely followed crypto analyst is updating his outlook on Bitcoin (BTC) and the altcoin markets after a huge week of gains for the king crypto.

Crypto trader Michal van de Poppe tells his 658,100 Twitter followers that with Bitcoin dominance (BTC.D) increasing rapidly, it will likely reach a consolidation point, soon, which is good for altcoins.

Bitcoin dominance approaching next point of resistance, while Bitcoin reaches the next point of resistance as well.

Probably Bitcoin will start to consolidate, so Altcoins have some period of relief approaching and can pick up pace.

BTC.D is a measure of the percentage of the total cryptocurrency market capitalization that is made up of Bitcoin.

BTC is worth $29,757 at time of writing, up 19% in the last week.

After such a week of gains, Van de PoppeexpectsBTC to reach a consolidation point sometime soon.

Still the thesis for Bitcoin.

Im expecting well consolidate a little bit (whether or not sweeping the high again).

In that case, the optimal entry is at $28,500.

Based on the traders interpretations of BTCs 200-week moving average (MA) and exponential moving averages (EMA), heexpects BTC to overall continue toward $40,000.

Most likely, this is the first real impulse in this cycle on Bitcoin.

Through that, the 200-Week MA and EMA are holding as support and a big bounce occurred + institutional interest.

Im expecting continuation towards $38,000-$42,000.

Finally, looking at the altcoin markets, the crypto analystsayswe are at the depression stage of the altcoin cycle.

Were here.

The depression stage on Altcoins.

Some are already picking up pace, rest still needs to follow. Volume slowly picking up, people still expecting more pain to come.

From depression to disbelief. Thats what well see next on Crypto.

Generated Image: Midjourney

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Analyst Updates Outlook on Exploding Bitcoin Price, Says Altcoin Markets Facing a Depression - The Daily Hodl

The crypto market has been experiencing a prolonged bear market, characterized by price corrections and overall market decline. While this may cause anxiety for some investors. So, its essential to recognize that such market conditions present a unique opportunity to strategically complete and diversify our portfolios.

In this article, we will delve into why we believe we are still in a bear market and highlight some promising projects worth considering in the current market crash. Lets discover them.

Cardano is a blockchain platform that prioritizes security, scalability, and sustainability. With a strong emphasis on peer-reviewed research and a rigorous development process. Cardano aims to offer a reliable and secure infrastructure for the development of decentralized applications (dApps) and smart contracts.

Its unique consensus algorithm, Ouroboros, ensures energy efficiency and decentralization. Cardanos ongoing development and partnerships make it a project worth considering. On November 2023, the Cardano Foundation will launch the Cardano Summit 2023.

At the time of writing this article, the price of ADA is at $0.25 with a market cap of $8.8 billion and a 24-hour trading volume of $151 million. Its All-time high price was $3.09 on September 2nd, 2021.

Chainlink is a decentralized oracle network that bridges the gap between smart contracts and real-world data. It provides reliable and secure data inputs and outputs for blockchain applications, enabling seamless integration with external APIs and off-chain resources.

Chainlinks ability to fetch and verify data has positioned it as a crucial component for decentralized finance (DeFi) applications, enhancing the reliability and security of these platforms. Also, its important to say that Chainlink is working closely with SWIFT to develop web3 infrastructure that will connect private/public blockchains and banks.

At the time of writing this article, the price of LINK is at $5.04 with a market cap of $2.5 billion with a 24-hour trading volume of $117.6 million. Its All-time high price was at $52.70 on May 10, 2021.

Polygon, formerly known as Matic Network, is a Layer 2 scaling solution for the Ethereum blockchain. It aims to address Ethereums scalability issues by offering faster and more cost-effective transactions while maintaining compatibility with Ethereums existing ecosystem.

So, Polygon has gained traction as a platform for decentralized applications, particularly in the DeFi space, and its native token, MATIC, plays a vital role in the ecosystem. Also, one of Polygons latest launches was Polygon zkEVM.

At the time of writing this article, the price of MATIC is at $0.59 with a market cap of $5.5 billion and a 24-hour trading volume of $178 million. Its all-time high price was at $2.92 on December 27th, 2021.

Avalanche is a high-performance blockchain platform that aims to provide scalability, security, and interoperability. By utilizing a consensus protocol known as Avalanche, it achieves rapid finality and high transaction throughput.

Avalanches focus on interoperability makes it an attractive platform for developers looking to build decentralized applications that can communicate seamlessly with other blockchain networks. Also, anyone can now launch a subnet with AvaCloud, its new Web3 Launchpad.

At the time of writing this article, the price of AVAX is at $11.24 with a market cap of $3.8 billion and a 24-hour trading volume of $90.3 million. Its all-time high price was at $144 on November 21st, 2021.

The Graph is a decentralized indexing and querying protocol for blockchain data. It enables developers to easily access and search data from various blockchain networks, significantly improving the efficiency and functionality of decentralized applications.

The Graph has gained attention for its role in supporting the growth of the DeFi ecosystem, enabling efficient data retrieval for platforms such as decentralized exchanges, lending protocols, and more. This protocol is getting exposure to different web3 events like ETH Miami 2023 and ETH Prague.

At the time of writing this article, the price of GRT is at $0.096 with a market cap of $880 million and a 24-hour trading volume of $25.7 million. Its all-time high price was at $2.84 in February 12th, 2021.

Note: Its important to note that the projects mentioned above, namely Cardano, Chainlink, Polygon, Avalanche, and The Graph, are provided as examples and not as investment recommendations. Each of our readers should conduct our own due diligence and evaluate these projects based on their individual goals and risk tolerance. The cryptocurrency market is highly volatile and carries inherent risks.

While we are still in a bear market, its crucial to remain optimistic and recognize the opportunities it presents. By carefully selecting promising projects and diversifying our portfolios, we can position ourselves for potential growth in the future.

The bear market provides us with a unique opportunity to strategically complete our portfolios. By considering projects such as Cardano, Chainlink, Polygon, Avalanche, and The Graph, we can explore innovative blockchain solutions with the potential for growth.

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Our popularAltcoin Buzz Accessgroup generates tons of alpha for our subscribers. And for a limited time, its Free. Click the link and join the conversation today.

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5 Coins to Buy In Market Crash - Altcoin Buzz

Elon Musk has certainly brought Dogecoin (DOGE) into the limelight with his entertaining tweets and comments. However, as traders enjoy the Dogecoin ride, another altcoin Tradecurve is surging higher during a presale event of its token. Lets take a look at these two new altcoins and the effect they are having on the crypto market.

>>BUY TCRV TOKENS NOW<<

Dogecoin (DOGE), born from an internet meme featuring the expressive Shiba Inu dog, has blossomed into a substantial player in the cryptocurrency sphere. Its strong and lively community lends an unexpected degree of resilience to this once light-hearted venture.

The key characteristic of Dogecoin (DOGE) is its intense price swings, offering both promise and peril. It presents an enticing opportunity for those willing to capitalize on rapid market shifts, while also posing considerable risks due to its inherent unpredictability.

>>BUY TCRV TOKENS NOW<<

However, there is one man who has taken to Dogecoin (DOGE) with vigor Tesla CEO Elon Musk. He has become known for his humorous musings about Dogecoin (DOGE), giving it considerable exposure and helping propel its price higher.

But while some in the Dogecoin (DOGE) community enjoy Musks activity, others believe he is simply using Dogecoin (DOGE) as a toy for his own amusement. His influence on Dogecoin (DOGE) is undeniable, yet whether a lasting relationship between the two will emerge remains to be seen.

A good example of this is when Musk changed the Twitter logo to the Dogecoin (DOGE) logo. This one move caused the Dogecoin (DOGE) price to surge from $0.062 to a brief high of $0.10 in under one hour.

However, Musk soon removed the logo, causing the Dogecoin (DOGE) price to plummet back down. This episode highlights both Musks influence on Dogecoin (DOGE), as well as its volatility and potential for high-reward trades.

Tradecurve is the altcoin setting new highs. The new trading platform just pumped 50% during the ongoing presale event of its token, with more than 100 million tokens sold in the last month alone.

Tradecurve is like a modern, streamlined trading terminal that lets anyone trade a variety of assets including stocks, currencies, commodities, and indices from a single account. It distinguishes itself by integrating DeFi technologies to facilitate anonymous trading without the traditional bureaucratic barriers such as KYC/AML procedures.

Tradecurve equips its users with a suite of advanced features, including AI-powered trading signals, negative balance protection, and a metaverse training academy to get new traders up to speed.

>>BUY TCRV TOKENS NOW<<

An integral part of the Tradecurve platform is the native token, TCRV. Holding this token confers additional advantages, including the ability to stake tokens for passive income, reduce trading bot subscription fees, and account upgrades. Its price should continue to grow as more people get on board.

Currently, TCRV is available for $0.015 per token during the third phase of the presale. However, this price wont last for long as the presale is designed to rise in increments each time the target is hit. Stage four will see the TCRV token rise to $0.018 per token.

Market analysts believe that these price increments are nothing compared to the long-term prospects of the token. If Tradecurve can mimic the success of Binance, which rose from $0.11 to over $300, it could generate massive returns for those who invest early on.

Website: https://tradecurve.io/

Buy presale: https://app.tradecurve.io/sign-up

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official

Link:
Elon Musk Had Fun With Dogecoin, Traders Are Having Fun With ... - Analytics Insight