Bitcoins dominance is currently 46.12 percent, a decrease of 0.21 percent over the day, according to CoinMarketCap.

Major cryptocurrencies traded mixed early on April 16 as the globalcrypto market cap increased by 0.10 percent to $1.27 trillion, over the last day.The total crypto market volume over the last 24 hours fell42.17 percent to $34.25 billion. The total volume in DeFi stood at $3.69 billion, which is 10.78 percent of the total crypto market 24-hour volume.

Also Read:Bankrupt crypto exchange FTX has recovered $7.3 billion in assets

Bitcoins dominance is currently 46.12 percent, a decrease of 0.21 percent over the day, according to CoinMarketCap.

The volume of all stable coins is now $30.22 billion, which is 88.25 percent of the total crypto market 24-hour volume

Also read:Crypto issue requires immediate attention, says FM Sitharaman

Issues related to crypto assets require immediate attention and the response of the G20 has to ensure that they do not lose any potential benefits while protecting economies from harm, Union Finance Minister Nirmala Sitharaman has said.

As of 7:27 am on April 16, these are the prices of the top cryptocurrencies (data from WazirX):

Excerpt from:
Top cryptocurrency prices on April 16: Ethereum biggest gainer, crypto m-cap increases - Moneycontrol

Dadvan Yousuf, a successful Swiss investor and entrepreneur, made waves at the World Economic Forum in Davos with his innovative investment strategies in the world of digital currencies. Learn how Yousuf's forward thinking and deep understanding of the tech industry make him an important voice in the global economic discourse.

Introduction

Dadvan Yousuf, a successful Swiss investor and entrepreneur in the cryptocurrency industry, was a featured guest at the World Economic Forum (WEF) in Davos. The WEF is an annual event that brings together global business, political, and cultural leaders to discuss the most pressing issues of the time and find innovative solutions.

As one of the few entrepreneurs in the cryptocurrency industry invited to the event, Yousuf presented his groundbreaking ideas and investment strategies in the world of digital currencies.

A pioneer in the cryptocurrency industry

Yousuf has had an impressive career in the cryptocurrency industry in recent years and is considered one of the most successful investors in this emerging industry. His smart investment decisions have earned him a stellar reputation in the financial world. His innovative ideas have also helped increase the recognition and acceptance of cryptocurrencies in the traditional financial industry.

Investing in the future

During his speech at the WEF, Yousuf emphasized the importance of investing in the future to achieve long-term success. His investment strategies are based on understanding long-term trends and developments in business and technology. He is a strong proponent of blockchain technology and believes it will play a critical role in transforming the global economy.

Forward-thinking entrepreneur

Yousuf is known for his forward thinking and innovative approach to investing in technology. He has founded several successful cryptocurrency and blockchain companies and is recognized as a leading entrepreneur and investor in the industry. His vision and knowledge of developments in the technology industry have made him a sought-after speaker at international conferences.

Conclusion

Dadvan Yousuf is a visionary investor and entrepreneur who has made his career in the emerging cryptocurrency industry. His innovative thinking and deep understanding of developments in the technology industry make him an important voice in global economic discourse.

His presentation at the World Economic Forum was a testament to his expertise and forward-thinking approach to investing in the technology industry. Yousuf is a living example of how forward thinking and strategic investment decisions can enable long-term success and growth.

Links:

Five Things People Need to Know About the 21st Century Financial Systems, According to Young Millionaire and Trailblazer Dadvan Yousuf

https://www.thesun.co.uk/money/17220485/bitcoin-crypto-young-sold-toys-millionaire-dadvan-yousuf/

https://www.forbes.at/artikel/dadvan-yousuf.html

https://www.nzz.ch/english/kurdish-refugee-buys-bitcoins-as-child-is-now-multimillionaire-ld.1634923

Dadvan Yousuf

Pete V. Holdon

United States

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April 14, 2023, 23:12 GMT

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Dadvan Yousuf Visionary investor and entrepreneur in the cryptocurrency industry - EIN News

Cloud mining is a technique of cryptocurrency mining like Bitcoin utilizing the cloud computing powerA cryptocurrency mining alternative to traditional mining is a cloud mining operation. For non-technical people and those who do not want to run and maintain their hardware and software, cloud mining is frequently regarded as a more advantageous method of cryptocurrency. We will gain an understanding of the concept and operation of cloud mining in this article.How does Cloud Mining Work?Mining for cryptocurrencies, such as bitcoin cloud mining and crypto cloud mining, does not involve mining, regardless of whether it is carried out locally or in the cloud. Miners receive brand-new cryptocurrency tokens as a result of this procedure.A significant part of maintaining the security of a distributed ledger based on blockchain is the mining activity. For Bitcoin mining, powerful computers are used to solve difficult computational arithmetic problems. These issues are so challenging that even the most powerful computers cant solve them manually.Cryptocurrency Usage:Transact confidentially: Using privacy-focused digital currencies like Monero (XMR), Zcash (ZEC), and PIVX (PIVX), users can make financial transactions anonymously.This means that anyone can send money without having to tell a bank why they are sending a large sum of money, where it is coming from, or to whom they are sending it.Post Content and Earn Money: Publishers on Steemit, the worlds first incentive-based social media and blogging platform, can earn cryptocurrency for upvoting excellent content and posting content to the network.Sending and Getting Installments Cost: It is one of the most well-known uses of cryptocurrencies. As an example, a recent $99 million Litecoin (LTC) transaction took approximately two and a half minutes to complete and incurred only $0.40 in transaction fees for the sender.If this money transfer had gone through a financial intermediary, especially if it was a cross-border transaction, it would have cost much more and taken longer.Investment: Cryptocurrency, particularly Bitcoin, is currently one of the investment options with the highest profit potential. Its very powerful worth appreciation can demonstrate to be an incredible method for expanding capital.However, people ought to be aware of the unpredictability of this investment strategy. Bitcoin, the most well-known cryptocurrency with the largest market share, has experienced the asset price swings that have been the most volatile. As an illustration, the value of a single Bitcoin decreased from $19000 to $7000 in December 2017.Is It Risky to Invest in Cloud Mining?Cloud mining is hazardous since youre relying upon another person to mine cryptocurrency without first ensuring they have the imperative equipment to mine Bitcoin or anything coin you select.Numerous deceptive cloud mining companies claim to mine Bitcoin on your behalf but take your money. The USD miner is only one of many. They in some cases work in complete mystery, making it hard to lay out who controls the platform, and they routinely guarantee astronomically huge returns in a short measure of time.Is Cloud Mining a Wise Speculation?Indeed, it is conceivable. Renting these miners will cost you money, and mining pools will keep a portion of your profits. Although some analysts believe that buying Bitcoin is a better option, it can be profitable.The market value and power of the miners used by the pools will determine your profits. In other words, newer models will likely have better specs and produce higher yields than older models. For instance, assuming you keep your Bitcoin as opposed to selling it for common cash like the US dollar, youll be liable to Bitcoins cost changes.

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What is Cloud Mining of Cryptocurrency? A Comprehensive Guide - Analytics Insight

Cryptocurrency, commonly referred to as digital or virtual currency, is a new kind of money that runs on a peer-to-peer network and is decentralized. Blockchain has become a popular topic in recent years, with its potential for disruption in numerous industries, its ability to give financial inclusion to unbanked communities, and its promise of secure, rapid, and transparent transactions. You can visit the official website of bitcoins union to get a better understanding of cryptocurrencies.

But along with the positives, cryptocurrencies also come with drawbacks and possible threats. We shall examine the advantages, drawbacks, and possibilities of cryptocurrencies in this article.

The opportunity for financial inclusion that cryptocurrency offers is one of its main advantages. In underdeveloped nations and disadvantaged communities, many people lack access to traditional financial institutions. These people may be able to access financial services and take part in the global economy through the use of cryptocurrency.

Additionally, cryptocurrency can offer a means for people to move money across international borders to friends and family without the need for extortionate middlemen. The possibility for decentralization offered by cryptocurrencies is a further opportunity. Conventional financial systems are centralized, which means a small number of people or organizations control the system.

With cryptocurrencies, power is shared among the networks participants, and rather than a single central authority, a decentralized group of people verifies transactions. This means that the system is less vulnerable to fraud and manipulation.

Cryptocurrency also presents opportunities for businesses. By accepting cryptocurrency as payment, businesses can expand their customer base and reach a global audience. Trades can be completed faster and more securely using reliable trading software than with traditional payment methods, and the fees associated with cryptocurrency transactions are often lower than those associated with credit card transactions.

Although cryptocurrencies provide many potentials, they are not without drawbacks. The absence of regulation is one of the main problems. Since it is still largely unregulated, cryptocurrency is a popular place for illegal operations including money laundering, tax avoidance, and financing terrorism. It is difficult to stop these activities from happening without effective control. The unpredictability of cryptocurrencies is another issue. Prices for cryptocurrencies can change drastically, sometimes even very quickly. Due to their inability to foresee the value of the currency when it comes time to cash out, businesses find it challenging to take cryptocurrencies as payment. Those who invest in it run the risk of losing money if the value of the currency declines due to volatility.

Cryptocurrency also presents challenges in terms of security. While cryptocurrency transactions are generally considered to be more secure than traditional payment methods, they are still vulnerable to hacking and fraud. If a hacker gains access to an individuals cryptocurrency wallet, they can steal the currency without the owners knowledge or consent.

Despite these issues, there is still a great deal of room for Bitcoin adoption and expansion. Cross-border payments made using cryptocurrencies are one potential development area. As was already said, using cryptocurrencies can make international money transfers quicker and more affordable.

As more people use cryptocurrencies and as more businesses accept them as payment, they may come to be widely used as a medium of exchange for international trade. Another potential area of growth is in the development of decentralized applications (DApps) built on blockchain technology. DApps are applications that run on a decentralized network, and they have the potential to disrupt various industries, such as finance, healthcare, and real estate.

By removing the need for intermediaries and central authorities, DApps can provide more secure and transparent services.

Last but not least, the possibility of central bank digital currencies (CBDCs) could have a big influence on the development of cryptocurrencies. CBDCs, which are digital currencies issued by central banks, might be a more dependable and controlled substitute.

Cryptocurrency has been a topic of debate and discussion for years, with its proponents seeing it as the future of finance, and its detractors dismissing it as a speculative bubble waiting to burst. While the truth lies somewhere in between, there is no denying that cryptocurrency has made a significant impact on the financial world.

At its principal, cryptocurrency is a digital asset created to operate as a medium of exchange, utilizing cryptography to guarantee transactions and manage the formation of new units.

Read more here:
The Pros and Cons of Taking Payments in Cryptocurrency - Times Square Chronicles

Asset diversification can play an essential role when it comes to managing and handling a portfolio. More investors than ever before are beginning to diversify through different types of assets, derivatives, and even cryptocurrencies.

One of the latest Web3 projects, TMS Network (TMSN), is aiming to enable investors access to these opportunities. To see how this new project stacks up, we will be comparing it to other well-established projects, including ApeCoin (APE) and Injective (INJ).

ApeCoin (APE) is an ERC-20 token that was built on top of the Ethereum blockchain.

The ApeCoin (APE) cryptocurrency got airdropped initially to anyone who owned a non-fungible token (NFT) from the Ape Yacht Club (BAYC) or the Mutant Ape Yacht Club (MAYC)

Through holding the ApeCoin (APE) cryptocurrency, anyone will be able to become a part of the ApeDAO an make votes on the system improvement proposals whilst governing the community surrounding it.

When we go over the value of ApeCoin (APE), on April 13, 2023, it was trading at $4.46. ApeCoin (APE) reached its highest point of value on April 28, 2022, at $26.70.

In regards to its recent performance, in the last seven days, ApeCoin (APE) increased by 6%, and in the last 14 days, its overall increase has been at 8.8%.

While ApeCoin (APE) did see some jump in value, it still needs to maintain this momentum in order to hit a bullish outlook. But investors and traders have also been eyeing alternative cryptocurrencies, including Injective (INJ) and TMS Network (TMSN).

Injective (INJ) is a Layer1 blockchain that aims to establish a platform in which anyone can create Decentralized Finance (DeFi) applications.

The Injective (INJ) project is built on the Cosmos SDK. Additionally, it also utilizes the Tederming-based, Proof-of-Stake (PoS) consensus model.

Injective (INJ) also features its decentralized exchange (DEX), which aims to offer high speed, security, and a high level of decentralization.

When e go over the cryptocurrencys recent value, on April 13, 2023, the Injective (INJ) cryptocurrency traded at $6.73. Its all-time high was reached on April 30, 2021, at $24.89. As of Injective (INJ)s recent performance, the cryptocurrency jumped by 23.1% in the last seven days. In the last 30 days, its overall growth was at 64.4%. Its clear that Injective (INJ) is on a bullish run, but it is not the only altcoin to gain a lot of momentum.

TMS Network (TMSN) is a decentralized,d Ethereunm-based platform that can revolutionize the traditional trading industry.

The TMS Network (TMSN) is being developed to solve a lot of issues found in current systems, including the lack of price uniformity and high trading fees, transaction delays, and a lack of trading education.

On top of the TMS Network (TMSN), users will be able to access social trading features. Copy Trader, for example, will enable them to copy what successful traders are doing. On TMS Network (TMSN), users will also be able to integrate MT4 and MT5 to get access to analytics and trading bots.

The native TMSN utility token can be used for governance, accessing advanced trading features, and earning a commission on every trade made through the platform.

TMS Network (TMSN) can become the go-to platform that millions utilize as it offers fair, transparent, and efficient markets and utilizes blockchain technology. Anyone can simply connect their cryptocurrency wallets and begin trading immediately without creating a separate account.

As TMS Network (TMSN) is undergoing Stage 2 of its overall presale, its value is at $0.075. Analysts predict this value can climb to $2.2 by the end of Q4,2023.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

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TMS Network (TMSN) Sees Spike in Appeal as ApeCoin (APE) and ... - Analytics Insight