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Casper Association: Transforming Industries with Cutting-Edge Solutions on Casper Platform

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Recently at the Blockchain Economy Summit in Istanbul, Coni Reporter had the opportunity to interview Alizee Carli – Director Strategy & Ecosystem at Casper Association

What is Casper Association?

Casper is a layer one proof-of-stake blockchain platform, catering to businesses that are looking to future-proof their operations. The platform is built on a modular technology that allows users to upgrade their smart contracts and operating systems as per their requirements. Casper is also a developer-friendly platform, with the capability to deploy smart contracts in less than half an hour.

The Casper Association, the shepherd of the Casper blockchain, is instrumental in ensuring its decentralization and the growth of its ecosystem. Their primary role is not to develop their own blockchain projects or smart contracts but to provide the platform that enables others to build and innovate.

To further democratize access to the platform, Casper recently launched a developer portal. The association is consistently striving to enhance interaction with their developer community and the broader Casper community. They are also planning to incentivize improvements to the platform by rewarding those who suggest and implement enhancements with Casper tokens.

Speaking of tokens, Casper has its own unique token, the Casper token, which was launched in 2021. The token is awarded as part of the proposed reward system.

An interesting offshoot of Casper is Casper Labs. This for-profit organization builds solutions for enterprise-grade organizations on the Casper platform. The platform is already being used to develop solutions for a variety of applications, including intellectual property marketplaces and biofuel traceability. Casper’s belief is that the potential uses of blockchain technology span across multiple industries, each at different levels of maturity.

One of the strong convictions at Casper is around the tokenization of financial contracts. They believe that by encapsulating cash flows and the entire balance sheet into a token, a new facility for a new economy is created. The company argues against current tokenization methods, such as hashing a PDF, asserting that they don’t bring sustainable value.

Even though Casper is headquartered in Switzerland, it has a truly global team, with members in the U.S., Europe, Asia, and the Middle East.

To sum it up, Casper is a proof-of-stake blockchain platform that aims to facilitate businesses and developers in deploying smart contracts and creating innovative solutions across a variety of industries. With a global presence, they are working towards becoming more developer-friendly and are planning to incentivize enhancements to their platform via a reward system.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Bitcoin’s Rhythmic Movements: Deciphering the Leading Digital Currency in the Midst of Economic Shifts

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In today’s financially digitalized times, Bitcoin stands as both a symbol of potential and the inherent challenges that come with digital assets. Its market performance often serves as a barometer for other cryptocurrencies, showcasing the overall vitality of the crypto ecosystem.

Currently, Bitcoin’s valuation is pegged at $26,413. A more detailed look reveals a minor dip of 0.50% in a day’s span, contrasted by a notable 1.5% rise over the past seven days. Recognizing Bitcoin as a trailblazer in the realm of digital currencies, its top position on CoinMarketCap is expected, with an impressive market cap of $514 billion. Furthermore, the ongoing currency supply is steady with 19,486,300 out of the total 21 million BTC available.

Venturing into wider economic metrics, the US’s preliminary data on consumer sentiment for September offers a backdrop to interpret Bitcoin’s recent activities. The released UMich sentiment index registered at 67.7, a tad below the forecasted 69.1 and its preceding 69.5.

Surprisingly, there’s a nuanced connection between gasoline prices and this sentiment metric. Over time, financial experts have spotted this underlying bond, suggesting that shifts in gasoline costs might indirectly affect consumer optimism, which subsequently impacts the broader market mood.

Adding to the mix is the noticeable downturn in inflationary expectations. Historically, the Federal Reserve’s overemphasis on such indicators might have been its Achilles’ heel. Yet, the current trajectory paints a vivid picture of a volatile marketplace. Amid this complex environment, the pressing query for many is: Is this the prime moment to delve into Bitcoin?

From a technical vantage point, Bitcoin seems to be treading on thin ice, barely maintaining its stance above the $26,000 threshold. Concurrently, the resistance at $26,500 stands firm, almost acting as a protective barrier. But what past events have anchored it here?

On the brighter side, there’s a descending trend that may cap Bitcoin’s upward journey at about $26,750. If Bitcoin can gracefully sail past this mark, $27,000 emerges as the subsequent milestone. Beyond that, achieving $27,600 presents its own challenges. Climbing over this barrier might propel Bitcoin’s valuation towards an impressive $28,000 or further.

Yet, not all that glitters is gold. The challenging $26,750 descending trajectory is poised to test Bitcoin. A setback here could result in a decline to $26,600 or even a backslide to the $26,000 foundational mark. A gloomier scene, amplified by intensified selling, might drag Bitcoin down to a stark $25,250.

However, for the astute market player, the prevailing scene isn’t without hope. Analytical tools such as the 50-day exponential moving average, relative strength index, and the moving average convergence and divergence hint towards a potential uptrend and continued positive momentum.

Hence, it’s pivotal for market participants to be vigilant of the $26,500 benchmark. This point might just be Bitcoin’s tipping point, with rates above signaling buy-ins and those beneath flagging cautionary tales.

To wrap up, as Bitcoin carves its path through a meshwork of macroeconomic and crypto-specific signals, decrypting its motions demands a microscopic view of its technical underpinnings complemented by a panoramic scan of the wider economic panorama. The choice between acquisition and divestment, invariably, rests at the crossroads of meticulous scrutiny and the investor’s individual risk threshold.

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