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The Shrimpy Academy: Why it is Best for Cryptocurrency Beginners

Published

4 years ago

on

In the world of crypto, memory is only short-term. A month may feel like a year and a week like a month. While no crypto has been around for decades, surviving for even a few years is enough to gain recognition. However, the cryptocurrency world has experienced immense growth and development since its arrival. Thus, more people are becoming interested in this modern financial system for the convenience and better returns it offers. Cryptocurrencies are nothing if not volatile and unpredictable. Fortunately, there are some free educational platforms like the Shrimpy Academy, whose main aim is to educate newbies on the basics of the crypto world. This guide will explain why every novice trader would benefit from this platform.

What is Shrimpy Academy?

Shrimpy Academy is a free educational platform for crypto enthusiasts. It is made for both beginners and experts who desire to learn about the disruptive industry of blockchain technology. Users have the opportunity to master trading, investing, blockchain fundamentals, cryptocurrencies, and the newest DeFi products. Though freely accessible to the public, the content in the cryptocurrency market is more often than not horribly scattered, subjective, deceiving, or poorly organized. Moreover, most users find futuristic concepts like decentralized technology daunting, especially in the manner in which they are presented on most platforms. Beginners struggle with new vocabularies and alien concepts that only make understanding crypto seem impossible. Realizing this, the Shrimpy Academy decided to re-envision the way that people comprehend blockchain technology by creating an educational center that offers guides on important decentralized topics. Their website covers all crypto basics starting from the least to the most difficult. Users can explore content based on their level of experience, whether a beginner, intermediate or advanced.

Shrimpy Academy Categories

The Shrimpy Academy also allows users to learn about the crypto market through different categories. That way, readers can explore distinct sections of the crypto market individually, which makes the learning curve gradual but comprehensive. Visiting categories is great for binge-readers who prefer learning one thing at a time or for traders only interested in a particular segment of the industry, all while explaining every concept in-depth. Some of these categories include: Beginners should start their journey by reading the beginner’s guide to crypto, which provides basic information regarding cryptocurrencies, blockchain networks, investing, and trading. It also gets one ready for reading Shrimpy Academy’s learning material.

Understanding the Fundamentals

For Shrimpy Academy, learning does not have to be dull. The platform plans to enhance the learning experience by developing a lessons-based system that applies traditional schooling methods by subdividing extensive contents into sizable pieces for an easier understanding. Moreover, Shrimpy Academy offers constant updates, weekly crypto newsletters, and Shrimpy announcements to ensure that users stay up to date with all developments in the blockchain industry.

Shrimpy Academy’s Undertaking

If you are looking for a straightforward way to learn more about cryptocurrency, Shrimpy Academy is the way to go. They are convinced that digital assets will sooner or later disrupt the world, and because of that, Shrimpy offers a trading platform as well. Thousands of new tokens have arrived, investment convenience has not been enhanced, and mass adoption of cryptos is still unfeasible. The complexity of the crypto markets is one of the main barriers to entry into the market. However, Shrimpy’s mission is to change how people manage their cryptocurrencies for the better. The end goal for their trading platform is to help investors:
  • Manage assets on multiple exchanges
  • Monitor all aspects of their portfolio
  • Automatically diversify portfolios within seconds
  • Instantly execute trades on more than one trading platform, all from one place
The only way to ensure widespread crypto adoption is by making cryptocurrencies easily accessible, all while educating the masses on how they work. Shrimpy backs this vision by offering portfolios that are effortless to manage, improving the availability of different coins, and removing barriers to entry into the market. This encourages everyone to take advantage of the ever-growing asset class.

Shrimpy Pros and Cons

Pros
  • Free to use
  • Enhanced security
  • Social trading platform that allows duplication of other trader’s strategies
  • Automated portfolio rebalancing
  • Well-organized educational guides on cryptos
  • Easy to use and understand
Cons
  • Lacks Crypto signals

Conclusion 

Shrimpy is a free platform for all to sign up and utilize. You are only needed to sign up to get a straightforward way to manage your portfolio. The best part is, they have a community of enthusiastic crypto investors and are open to suggestions that can help improve user experience and delivery of services. Visit the Shrimpy Academy website today and follow them on Instagram and Twitter to always stay updated. Their active community on Telegram can also help you out with any burning issues you may have. Shrimpy tries its best to cater to all your needs when it comes to matters cryptocurrency. Once you learn the basics from Shrimpy Academy, you can indulge deeper into trading, technical blockchain features, and crypto investing. The critical part is to start small if you are a beginner, and the rest will follow.
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Press Release

How Bitcoin’s price rise has increased the number of cryptocurrency payments 

Published

3 days ago

on

November 19, 2024

By

NOWPayments Announces Significant Gain in Crypto Payments

NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase of Crypto Payments since the beginning of November. 

Why Bitcoin took a new ATH in November?

Starting in January 2024, Bitcoin’s price was around $48,717, marking a period of cautious optimism following a tumultuous 2023. Throughout the first half of the year, Bitcoin experienced significant fluctuations as market dynamics shifted, driven by regulatory developments and increased institutional interest. By November 2024, Bitcoin had reached a pivotal moment, hitting an all-time high (ATH) of $75,000 on November 8 and then surging to $89,000 shortly thereafter.

This remarkable growth didn’t go unnoticed by the business world. Companies across various industries quickly recognized the massive business opportunity Bitcoin presented. The ATH sent a clear message: Bitcoin was no longer just a speculative asset but a powerful tool for transactions, store of value, and an entry point into the broader crypto economy.

Businesses’ interest in Bitcoin grew for several reasons:

  • Increased Institutional Adoption: Major financial institutions rolled out Bitcoin-based services, providing legitimacy and opening doors for mainstream use.
  • Global Payment Integration: Bitcoin’s borderless nature appealed to businesses seeking efficient, low-cost cross-border transactions, particularly as inflation and currency instability impacted traditional fiat systems.
  • Hedge Against Inflation: As global economies faced ongoing inflationary pressures, Bitcoin became a preferred asset for protecting wealth, especially for businesses looking to diversify holdings.

Climbing to $75K

The journey to $75,000 began with a series of positive developments in the cryptocurrency market. Following the approval of Bitcoin Spot ETFs and increased institutional buying, Bitcoin’s price steadily climbed. On November 7, 2024, Bitcoin reached approximately $76,999 before closing at around $75,820. This surge was fueled by a bullish market sentiment as investors reacted positively to the election results and anticipated regulatory clarity under Trump’s administration.

Breaking Through $80K

Following its initial surge to $75K, Bitcoin quickly surpassed the $80,000 mark on November 10, 2024. The momentum continued as traders rushed to capitalize on the positive sentiment surrounding the cryptocurrency. By this point, BTC was trading at approximately $80,976, reflecting an increase of nearly 9.64% from the previous day.

Approaching a New BTC All Time High at $90K

As of November 12, 2024, Bitcoin’s price soared to around $89,000. This represents a staggering increase within just a few days following the election and highlights the cryptocurrency’s volatility and potential for rapid gains. The combination of strong demand from both retail and institutional investors has driven BTC prices higher as they anticipate further growth.

How has the new ATH for BTC led to an increase in crypto payments?

We decided to analyse how the rise in the price of the main cryptocurrency – BTC affected the number of payments. NOWPayments team took the number of payments before the U.S. election and compared it with the data after the Trump has won. The result exceeded all expectations. Thanks to the growth of BTC from $72,729.89 to $90,750.94, the number of payments increased by as much as 8%. This significant change indicates the increased interest in cryptocurrency and the correlation of BTC price and cryptocurrency usage.

  1. Correlation Between BTC Price and Crypto Payments:

The 8% increase in the number of payments demonstrates a clear correlation between Bitcoin’s price growth and the rising adoption of cryptocurrency for transactions. As BTC’s value surged, so did user engagement with crypto payments.

  1. Increased Interest in Cryptocurrency:

The significant rise in payments highlights growing public and business interest in cryptocurrencies as a viable payment method, especially during moments of market optimism fueled by events like the U.S. election.

  1. Market Events Drive Crypto Adoption:

The post-election Bitcoin rally, combined with its ATH, underscores how political and economic events can directly impact crypto adoption, encouraging more users to explore cryptocurrency as both an investment and a practical payment tool.

About NOWPayments
NOWPayments is a leading crypto payment gateway providing easy and secure payment solutions for businesses around the world. With support for over 300 cryptocurrencies and features like auto coin conversion, donation widgets, and e-commerce plugins, NOWPayments offers flexible and robust payment tools for businesses of all sizes.

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Press Release

Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources 

Published

3 days ago

on

November 19, 2024

By

  • Partnership to provide decentralized computing resources, enhancing platform scalability, security and high availability for distributed services


InFlux Technologies (Flux), a leading global decentralized technology company specializing in cloud infrastructure, artificial intelligence, and decentralized cloud computing services, today announced a partnership with Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform.

Under the partnership agreement, Flux will provide decentralized computing resources including CPU, GPU, storage and network capacity as required by Mizzle for its platform operations. This includes support for distributed applications and services, ensuring high availability, scalability and security. The agreement also includes monitoring and management of Mizzle’s infrastructure to ensure optimal performance along with maintenance and upgrades of the infrastructure as needed. Mizzle will work toward an estimated spend of $500,000-plus per year post-launch, with an estimated launch of January 2025.

“This partnership represents a key step in our commitment to delivering decentralized computing solutions at scale. By supplying Mizzle with essential resources, we are ensuring the platform’s ability to maintain high availability, scalability, and security. This agreement highlights the growing demand for decentralized infrastructure and demonstrates its practical applications in supporting distributed services,” said InFlux Technologies CEO and Co-founder, Daniel Keller.

Mizzle is a hyper-efficient CI/CDwith no-code development operations which simplifies server management allowing teams to innovate and scale without operational hurdles. Its confidential computing experience carries unmatched security with TEEs, eBPF and decentralized cloud compute, keeping data and operations fully protected. Mizzle has advanced storage and benefits from decentralized cloud storage enhanced with zero knowledge proofs and fully homomorphic encryption. The company is quantum ready with edge computing, is IoT-ready and committed to green computing.

Flux ensures a minimum uptime of 99.99% of decentralized infrastructure services, barring any outages or maintenance windows and offers technical support to integrate and manage the compute resources. Flux offers data security and compliance and complies with all relevant data and security regulations, ensuring the infrastructure is designed to meet regulation standards.

“We are excited to partner with InFlux Technologies, taking a key step toward advancing decentralized cloud solutions. By combining Mizzle’s technology with Flux’s expertise, we will drive greater value for enterprises and governments worldwide. Together, we are shaping the future of decentralized applications and empowering innovation across the ecosystem.,” said Founder of Mizzle Arjun Mishra.

About Mizzle


Mizzle is a DePIN platform designed to empower developers with no-code DevOps. We enable atomic and horizontal scaling of compute and storage, ensuring unparalleled flexibility and performance. Our platform combines advanced AI-driven infrastructure management with trusted execution environments (TEEs), leveraging eBPF technology for real-time protection and monitoring. We also incorporate state-of-the-art cryptographic techniques, including Fully Homomorphic Encryption and Zero-Knowledge Proofs, to guarantee maximum data privacy and security. As we move into the quantum era, with a strong commitment to Green computing (ESG), Mizzle is your trusted partner for scalable, secure, and efficient decentralized infrastructure.

For more information, visit the company’s website at www.mizzle.io.

About InFlux Technologies

InFlux Technologies (Flux) is powering a decentralized Web3 cloud infrastructure composed of user-operated, scalable, and globally distributed computational nodes. Flux provides the critical, high-availability infrastructure for the New Internet. The Flux service offers a fully decentralized alternative to some of the world’s largest cloud infrastructure providers while offering competitive pricing. Flux is committed to developing disruptive solutions that empower individuals and businesses in the blockchain industry, emerging technologies like AI, and the broader technology space worldwide.

For more information, visit the company’s website at www.runonflux.com.

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Press Release

Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured

Published

4 days ago

on

November 18, 2024

By

A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights a substantial coverage gap in digital asset insurance, revealing that only 3% of digital assets are currently insured. This gap leaves billions at risk, with an estimated $19 billion in losses from fraud and security breaches since 2011.

The report emphasizes significant incidents that illustrate the vulnerability in the sector. These include a $650 million breach at Ronin in March 2022 and a $614 million loss from PolyNetwork in August 2021. As investments in digital assets increase, so does the call for comprehensive risk management solutions, particularly from institutional stakeholders.

With more than 90% of crypto hedge funds expressing a desire for mandatory insurance on exchange-based assets and around 40% of institutional investors now holding cryptocurrency, the demand for tailored insurance products is clear. Further Ventures, the report’s creator, points to a growing interest from institutions seeking ways to protect their digital assets through robust insurance policies.

The report also sheds light on recent regulatory responses. The Hong Kong Monetary Authority (HKMA), for example, has set mandates for digital asset custodians, requiring 50% insurance coverage on cold storage and 100% on hot wallets. Despite these initiatives, high premiums remain a challenge, with average rates around 0.5%-5% for custody insurance and 5-10% for slashing events and Directors & Officers (D&O) policies.

According to the report, addressing the insurance gap in the digital assets industry will likely require innovation in policy structure, more accessible premium rates, and a regulatory environment that supports the development of effective, comprehensive solutions. As the sector evolves, insurance options may play a critical role in fostering institutional confidence and broader adoption of digital assets.

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