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Cryptocurrency Market Capitalization Explained

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  Market capitalization applies to the stock market and also to cryptocurrencies and blockchain projects, from which the current market value of the cryptocurrency or blockchain network in question can be seen. The total market capitalization of the cryptocurrency industry as a whole is also an important indicator. In a sense, the total market capitalization can be used to assess the cumulative value of the blockchain and cryptocurrency industry. Calculating the market capitalization of a cryptocurrency project is relatively simple. Most traders are keen to compare the market capitalization of individual projects, but market capitalization can actually be used to look at the big picture. The total value of all cryptocurrency assets is much higher than that of Bitcoin or Ether, even if the market capitalization of the two major projects tops the list. All major cryptocurrency data aggregators communicate the total market capitalization of the cryptocurrency market, so the metric is almo

How blockchain is changing the current banking landscape?

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  The banking industry plays the role of intermediary in the global economy by managing and coordinating the financial system through its internal bookkeeping system. Since that type of bookkeeping data is not made available to the general public, it only forces the public to trust the banking system and its aging infrastructure. Blockchain technology has the potential to disrupt the global money markets and even reshape the entire banking industry by outlawing middlemen, and can replace traditional banking with systems that are easily accessible, borderless and transparent without the need for trust. Blockchain has the advantage of enabling faster and less costly transactions, setting access to capital, establishing greater data security, and smoothing compliance by executing trust-less protocols through smart contracts. In addition, given the innovative nature of blockchain, entirely new ways of interacting between financial components have the potential to give rise to entirely new

A Concise Guide to the Parabolic Indicator

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  What is the Parabolic Indicator? Technical analyst J. Welles Wilder Jr. developed the parabolic Stop and Reverse (SAR) indicator in the late 1970s. He first mentioned these and other popular indicators such as the Relative Strength Indicator (RSI) in his book New Concepts in Technical Trading Systems. In fact, Wilder calls this method the “Parabolic Time/Price System” and the concept of SAR is as follows: “SAR” stands for ‘Stop and Reverse’ and is generally the point at which long positions exit and short positions enter (and vice versa). To this day, the system is commonly referred to as a “parabolic indicator” and is often used as a tool to identify market trends and potential reversal points. Although Wilder manually calculated many of the technical analysis (TA) indicators at the time, they are now incorporated into multi-digital trading systems and charting software. As a result, these techniques no longer require manual calculation and are relatively simple to use. How does it