Safety First: A Guide to the Most Secure Cryptocurrencies Available

We all know that cryptocurrencies carry risks due to their volatility and regulatory uncertainties. Before investing, it's advisable to conduct thorough research. In order to help with this research, here is a list of cryptocurrencies that have historically been considered among the most profitable or have gained significant attention:

Bitcoin (BTC): As the first and most well-known cryptocurrency, Bitcoin has seen substantial growth in value over the years. Its high market capitalization and widespread adoption contribute to its status as a profitable investment for many.

Ethereum (ETH): Ethereum is known not just for its cryptocurrency (Ether) but also for its smart contract capabilities. The Ethereum blockchain is used for various decentralized applications (dApps), which has contributed to its value and profitability.

Binance Coin (BNB): Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest and most popular cryptocurrency exchanges globally. BNB's value has seen significant growth due to its utility within the Binance ecosystem.

Cardano (ADA): Cardano is a blockchain platform known for its focus on security and scalability. Its native cryptocurrency ADA has gained attention for its potential in the decentralized finance (DeFi) sector.

Solana (SOL): Solana is a blockchain platform designed for high-speed transactions and scalability. SOL has gained popularity due to its performance and use in various decentralized applications.

Polkadot (DOT): Polkadot is a multi-chain blockchain platform that enables different blockchains to interoperate. Its native token DOT has seen growth as the Polkadot ecosystem expands.

Avalanche (AVAX): Avalanche is another blockchain platform known for its high transaction throughput and low fees. The native token AVAX has gained traction in the DeFi space.

Chainlink (LINK): Chainlink is a decentralized oracle network that connects smart contracts with real-world data. Its LINK token is used to pay for services within the Chainlink ecosystem.

Uniswap (UNI): Uniswap is a decentralized exchange (DEX) running on the Ethereum blockchain. The UNI token is used for governance and liquidity provision within the Uniswap protocol.

Terra (LUNA): Terra is a blockchain platform focused on stablecoins and decentralized finance.

The LUNA token is used within the Terra ecosystem for various purposes.

Petrobras (PETR4) announced 18.77% increase in gasoline in Brazil, which has doubled in price in just over a year. Diesel will rise 24.9%; truckers threaten to close the country's roads

After another increase in the prices of oil, Petrobras decided to increase the prices of gasoline anda diesel. Since Michel Temer's government, Petrobras has adopted a pricing policy that links readjustments in the country to the price of a barrel of oil abroad. This has led the country to suffer greatly from the rise in oil prices and the volatility of the international oil market.  

Today the price of diesel rose 24.9% and the price of gasoline rose 18.7%.

To make this situation worse, according to the candidate for the presidency of Brazil, Ciro Gomes, “Petrobras is making a profit of 38% by despoiling the Brazilian people and, worse, distributed 101 billion reais in profit to minority shareholders, which are bankers in Brazil and abroad."

Despite criticizing this policy, Bolsonaro has not changed Petrobras' pricing policy during his government (in the last days, oil prices have been rising as tensions in Ukraine mount).

According to journalist Mônica Bergamo, "one of the main leaders of the 2018 truck drivers' strike, Wanderlei Alves, aka Dedeco, says that Brazil has to stop in protest against the fuel increase announced this Thursday (10) by Petrobras - from 18, 8% for gasoline, 16.1% for cooking gas and 24.9% for diesel in refineries". 

 

In one year, the Selic interest rate goes from 2% to 9.25%

The Selic interest rate is the monetary policy interest rate used by the Brazil Central Bank (BCB). In 2021, that tool went from 2% in february to 9.25% in november after the last reunion of Copom, the BCB's Monetary Policy Committee. 

At the last Copom meeting, held yesterday, the Selic rate rose from 7.75% to 9.25%, up 1.5 percentage points. According to analysts, this more hawkish tone by the Copom is an attempt to prevent runaway inflation. 

Which indicates that interest rates in Brazil will stay high for longer. The expectation is that inflation will only start to decelerate around the second quarter of 2022, but not even this is guaranteed given the numerous crises that President Bolsonaro and his government produce weekly.

The feeling of insecurity generated by the government greatly affects the forecasts of investors and the market in general.

With that, the next government should receive a country pressured by the basic interest rates of the economy and with the risk of greater lack of control in the public debt, which is already high.

  

Investment by global funds in Brazil drops from 1.94% in 2009 to 0.23% in 2020

Foreign investors are fleeing Brazil. The expectation of an increase in the US interest rate, added to the aversion to the risks of investing in a country where the government is taking great steps towards a fiscal crisis, produced a flight of funds dedicated to Brazil.

According to the newspaper O Estado de S.Paulo, Brazil's participation in funds dedicated to emerging markets dropped from 16.4% in 2011 to the current 5.1%.

For the poorest Brazilians, the scenario is terrible. Inflation reaches 40% for this portion of the population and the level of unemployment has practically doubled. According to DIAP, Brazil is on the way to stagflation. 

Cost of living in Brazil: September inflation of 1.16% is the highest for the month since 1994, the beginning of the Real Plan; in 12 months, IPCA accumulates high of 10.25%

Although the brazilian index IPCA (Broad National Consumer Price Index), that shows the inflation rate was 1.16%, the highest for the month since 1994. It was below the expectation of 1.25% of the financial market. In the real live, the cost of living in Brazil continues to grow alarmingly.

Much of the IPCA in September was driven by energy and fuel prices.

As the increase in the electricity tariff was what most influenced the index. It is possible to say that inflation was less spread to food products. However, in 2021, Brazil reached the terrible mark of 7.5 million Brazilians living under severe food insecurity, and more than 19 million people living in extreme poverty

Bolsonaro's disapproval reaches 68%; 7 out of 10 Brazilians don't trust the president or the government

A new poll by Ipec shows that 69% of Brazilians do not trust President Bolsonaro.

Ipec, the research institute headed by Márcia Cavallari, researched two scenarios for the 2022 elections. In both, Lula can win the 2022 presidential elections in the 1st round.

According to the survey, Lula leads the 1st round in 2022 with more than 20 points ahead of Bolsonaro.

Also according to Ipec, Lula would have more votes than the total of all other candidates combined.

President Lula's speech at CUT forced Bolsonaro to adopt a more civilized stance in the face of the covid-19 pandemic

After a speech made by Luiz Inacio Lula da Silva, today, at the Workers' Union Central (CUT), the political chessboard in Brazil completely changed. The Workers Party lider defended vaccines, social isolation, sympathized with the families of the more than 260 thousand victims. On the same day, goverment members — including the president Jair Bolsonaro, a world-renowned denialist —, appeared all masked, defending vaccines, and promising to tackle the pandemic.

Now, the strategy of denialism as a policy adopted by Bolsonaro during the pandemic, with the trivialization of deaths and the naturalization of the cleavage between the economy and combating the pandemic —  as if they were opposite things — changed drastically.

The former Brazilian President, Lula da Silva, criticized the government of President Bolsonaro for not wearing the mask, drinking and going to celebrations, fighting with scientists. For Lula,  Bolsonaro committed a number of impeachable acts.

Lula da Silva practically forced Bolsonaro to adopt a more civilized stance in the face of the covid-19 pandemic.

General Joaquim Silva and Luna should take over Petrobras (PETR4) under heavy depreciation in the stock price of the Brazilian state oil company

The investor that was still betting on some kind of reform in Brazil, after the decision of President Bolsonaro in relation to Petrobras, is now completely pessimistic. The dismiss of the president of the state-owned company by social media by the Brazilian president took the market by surprise. Roberto Castello Branco was doing a job praised by the market at the state-owned company, caused Brazilian assets to suffer a high and profound repricing.

According to the newspaper Folha de S.Paulo, analysts believe that the accumulated losses in petrobras' market value can reach R$ 100 billion today, January 22, 2021, following the announcement of the government's change of command of the state.

In general, Bolsonaro's intervention is causing a huge loss of value in Brazilian state-owned companies today.

Jair Bolsonaro dismisses the president of Petrobras (PETR3; PETR4) with a post on Facebook

President Jair Bolsonaro announced today, February 19, 2021, in a Facebook post, the resignation of Petrobras President Roberto Castello Branco.

General Joaquim Silva and Luna will take over from Castello Branco, according to Bolsonaro's post.

According to the Website G1, the replacement will only be realized after the approval of the Board of Directors of Petrobras. The state reported that the board has ordinary meeting scheduled for next Tuesday (23) - the agenda of the meeting was not disclosed.

Cost of living in Brazil: population replaces meat by egg due to high food prices in the country

The increase in the price of food in Brazil is changing the diet of the country's population. Even the price of second-rate types of meat are going up a lot.

According to Alexandre Canatella, this change is one of the explanations for the increase in searches for recipes for ground beef, eggs and chicken on the @Cybercook site.

During 2020, the price of meat has changed and and remained very high by Brazilian standards. Now, meat became a luxury item.

According to Conab (Companhia Nacional de Abastecimento) estimates that animal protein consumption was 29.3 kilos per inhabitant in 2020, a 5% drop compared to 2019. It was the lowest level of consumption since the beginning of the historical series, which began in 1996.

New leak exposes more than 100 million brazilian cell phone accounts

PSafe, a leading cybersecurity company in Latin America, has warned of a new data leak, this time involving more than 100 million Brazilian mobile account information. The announcement comes 20 days after the leak, which exposed data from more than 223 million Brazilians, with full name, number of important personal documents, date of birth and other information. The case involves telephone operators: more than 102 million accounts were leaked on the deep web.

Marco DeMello, CEO and founder of PSafe, revealed that the company will send a detailed report with the investigation carried out to the National Data Protection Authority (ANPD), linked to the Brazilian Federal Government.

Thus, Brazil is again the scene of a gigantic data leak. These increasingly constant crimes damage the reputation of the country's telephone operators and increase the possibility of cybercrimes and scams against Brazilian citizens.

This time, numerous relevant information from thousands of Brazilians, including President Jair Bolsonaro and famous journalists such as Willian Bonner and Fatima Bernardes, were exposed.