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6 Things That Happened In Crypto This Past Week!

Today's Topics

  • Gimel's Gate: Line upon Line for Personal and Business Life

  • Algorithm Stablecoins

  • Boston C!'s Scoops: Six things that happened in crypto this past week

Gimel's Gate!

by Mississippi Sound 

PSALMS 23 Line upon Line for my Personal and Business Life

  • The Lord is my shepherd + The currency of heaven is relationship! Relationship builds upon everything and everyone that I may engage with.

  • I shall not want + Yahweh is my provision in health, wealth, and everything pertaining to life.

  • He makes me lie down in green pastures + He draws me in to the secret place of his rest that he may pour out his promises and blessings upon me.

  • He leads me beside still waters + He lights and refreshes my path so I will not be in fear or chaos but, in his his perfect peace knowing my directions for all my decisions.

  • He restores my soul + When I am weak He is strong. He will heal and reinstate any fragile areas existing in any form.

  • He leads me in paths of righteousness + He directs me only in goodness and guides me in all upright, and virtuous directions.

  • For his name's sake + It was for our sake he sacrificed himself that we may live IN the Name of Yeshua, ON purpose for our purpose!

  • Even though I walk through the valley of the shadow of death + I will trust him in the valleys and on the mountains. He is my light in all shadows of darkness.

  • I will fear no evil + I will trust you forever, not only you but all your processes. My delight is to walk in the spirits of power and love and a sound mine.

  • For you are with me + If you are for me who can be against me and all my purposes for life? You never lie. You are with me and will never forsake me!

  • Your rod and your staff + You point out my directions and and keep my paths straight. You are my deliverer.

  • They comfort me + You are forever and always compassionate toward me. In my troubles you bring your comfort so I may learn of your ways and then comfort others.

  • You prepare a table before me + Your provision is for me and a prepared table is always not only set, but fully prepared before me. I have all that I need.

  • In the presence of my enemies + My hope remains in you always. I cling to you because you are so good and full of endless love that my enemies shall desire of you.

  • You anoint my head with oil + You bless me on Yahweh, when you anoint my head with oil and you meet my every need, it gives me such delight!

  • My cup overflows + My overflow is your amazing unlimited abundance of my inheritance you have being poured out on me. I give thanks unto your!

  • Surely goodness and mercy shall follow me' all the days of my life + Your good blessings are unending and I am thankful all the days of my life, for you mercy on me.

  • And I shall dwell in the house of the Lord Forever + Your house is within me and I shall live in that kingdom that is within me so I may be seated beside you, in the heavens on my mountain Forever! Amen!

Algorithmic Stablecoins

by πd Piper 

Volatility is a given in cryptocurrency. For some the high risk is worth the reward, but for others, small but consistent gains or more agreeable. This is where algorithmic stablecoins shine. 

Instead of using fiat or cryptocurrency as collateral, algorithmic stablecoins (stablecoins, for short) obtain price stability by using algorithms and smart contracts to manage the supply of tokens in circulation. This is achieved by automatically increases or decreases the number of tokens in circulation in order to meet a specific price target. 

By doing this, the algorithm minimizes the volatility by pegging to a more stable asset. This allows those who are risk-adverse to take advantage of blockchain technology and P2P transactions while not being exposed to high volatility such as Bitcoin, Ethereum, or other cryptocurrencies.

The total stablecoin market capitalization is currently over $134 trillion. Some of the most popular stablecoins currently in the market include Ampleforth (AMPL), DefiDollar (USDC), Empty Set Dollar (ESD), Frax (FRAX). 

Algorithmic stablecoins are the true representation of decentralization with no regulatory bodies maintaining watch over proceedings as the code is what’s responsible for supply and demand, as well as ideal target price. 

Stablecoins are relatively new kind of technology and each of them comes with different implementations, liquidity, risks, and acceptance. You can get more information about several different stablecoins here, and a larger list and associated market capitalizations here.

  • 6 things that happened in crypto this past week. Get caught up on the Crypto snoop, stay in the flow of the know, and get ready for the next leg up!

  • Twitter and Square CEO, Jack Dorsey, says ‘hyperinflation’ will happen soon in the U.S. and the world. "Twitter co-founder and crypto advocate Jack Dorsey weighed in Friday on escalating inflation in the U.S., saying things are going to get considerably worse. 'It will happen in the US soon, and so the world,' he tweeted." Boston C! understands the impact of hyperinflation and is preparing accordingly. Tribe, no fear--anywhere, every time, but consider what it means for your family and what plans are you taking in preparation and in rest? Take a snoop around and see what's up.

  • Luongo: Is The Bitcoin ETF "A Trap"? Tom is a smart dude! The BTC ETF is not what it appears to be. It's worth the snoop to understand what's really going on. Boston C! says, "Put your big boy and girl pants on, buy crypto directly, and learn to be your own Central bank."

"Live Above The Sun!"


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