Ouroboros News -
Complete Analysis of the ENS (Ethereum Name Service) Asset
Ethereum Name Service Introduction In this article, we will analyze the ENS (Ethereum Name Service) asset in detail. I will cover the following topics: in-depth analysis, business model assessment and tokenomics, governance and security, and ongoing monitoring. ENS is a blockchain-based service that allows the association of cryptographic domain names with Ethereum addresses, simplifying the process of sending and receiving cryptocurrencies. Digging Deeper: A Detailed Approach to Cryptocurrency Investing ENS Business Model The ENS business model is based on selling and registering cryptographic domain names on the Ethereum blockchain. This service allows users to associate human-readable names with Ethereum addresses,...
Cryptocurrency Investments: A Detailed Approach to Analysis and Success
8 Myths about Technical Analysis
Technical analysis is an approach widely used in financial markets to predict future price movements based on historical data and chart patterns. However, there are several myths surrounding this practice. What is technical analysis? In this article, we will debunk eight of these myths and provide valuable information to help investors make more informed decisions. Myth 1: Technical Analysis is Guessing One of the most common myths is that technical analysis is just a form of fortune telling. This couldn't be further from the truth. Technical analysis is based on sound principles and well-established methods for analyzing past price data....
The Bitcoin-Centric Future: Forecast by Michael Saylor, CEO of MicroStrategy
The Bitcoin-Centric Future: Forecast by Michael Saylor, CEO of MicroStrategy The influence of regulatory clarity In an interview with Bloomberg, Michael Saylor emphasized the importance of regulatory clarity to drive Bitcoin adoption. He noted that recent statements by the US Securities and Exchange Commission (SEC) “lay the groundwork” for a new wave of Bitcoin growth. According to Saylor, regulatory clarity will eliminate the confusion and anxiety that has plagued institutional investors. One of the main areas of confusion in the crypto industry is the classification of different tokens as securities. Saylor pointed out that regulators have a limited view of...
Discover the Implications of Cryptocurrency Taxation in Nigeria
Discover the Implications of Cryptocurrency Taxation in Nigeria In Nigeria's ever-evolving economic context, the government recently announced the implementation of a 10% levy on capital gains from cryptocurrencies and digital assets. This new regulation has generated a lot of discussion and will have a significant impact on the country's cryptocurrency community. In this article, we will explore the implications of this tax and discuss experts' reactions to this change. The New Regulation: An Overview Nigeria, one of the African countries with the highest adoption of cryptocurrencies, surprised the cryptocurrency community by announcing a 10% tax on capital gains made through...