How can liquidity pools help you save money at the till? But scratch a little deeper and some compelling use cases for DeFi emerge
Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021.
Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S
Compared with Asic devices, however, GPU devices are more flexible as in, you can switch to other coins with different algos.”
The indirect and immediate impact will be in relation to how the supply and perceived value impact the price of tokens on both networks.”
3
“What’s annoying about this price action for me is that if my bids don’t get hit I’m forced to long the breakout, which at this point puts me around 19.7k or higher Meaning my entry isn’t safe from a pullback unless there’s an epic (read: 10%+) impulse move from that level.”
Once Ethereum runs fully on the PoS rails, miners will have two options
The sharp increase in AUM suggests a similarly accelerating demand from institutional investors.
Bitcoin has seen strong momentum throughout the past three months, barely seeing major corrections.
According to Rafael Schultze-Kraft, the chief technical officer at Glassnode, various HODLing data shows a rise in investor confidence
By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level.
Indeed, Ethereum will move away from mining in the future
Ideally, investors will monitor a couple of exchanges simultaneously to avoid eventual anomalies.
It was also met with great alarm by the world’s regulatory community, which has since been devising stringent regulations for stablecoins.
Source: Blockchain.com
Related: Institutionalize crypto markets now: There must be compliance controls
In her letter, Waters (D-Calif.) called on Biden to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
Such a situation, also known as backwardation, indicates strong bearishness.
Announced on Dec
The Bitcoin hash rate recovering so quickly after the rainy season is an optimistic trend because it suggests that miners are likely expecting the price of BTC to rise in the medium term.
The acting comptroller finds himself in an unenviable positionHuobi Global looks to become key player in Polkadot ecosystem
While Big Four firms are able to shed light on auditing for crypto companies, each of them are also working on building blockchain systems
Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level
Bitcoin weekly chart (Binance)
Related: Institutionalize crypto markets now: There must be compliance controls
So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming
This fall, the European Commission launched a comprehensive legislative proposal for the regulation of crypto assets
By the end, the not-unpleasant notion occurred to me that I might now be friends with an Axie
So, what is the current state of ETH mining, and what exactly will happen to the industry as a result of the upcoming transition?
Simplifying the music industry
These are volumes, the futures premium, and top traders' positions at major exchanges.
While professional services organizations are innovating in the blockchain and crypto space, some think that more could be done given the potential and reach of these companies.
This is why optionality becomes so important: It allows project builders to do what they do best and users to become the key driver in project evolution
I hope that they will enable the community to contribute meaningfully and set themselves apart from gaming companies of the past which hold their IP more important than their supporters.
KPMG United States blockchain audit leader, Erich Braun, further told Cointelegraph that an organization’s blockchain system should be developed with the intent to meet both operational and accounting needs to comply with accounting standards and other regulatory requirements:
DEX offers margin trading, anonymity, fast withdrawals and no KYC
A sudden move below the 1.00 long-to-short ratio would be a troubling signal in the above example
Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months
Whenever this premium fades or turns negative, this is an alarming red flag
A list of items/IP addresses that once they receive an initial validation are granted access to a certain system or protocol
I hope that they will enable the community to contribute meaningfully and set themselves apart from gaming companies of the past which hold their IP more important than their supporters.
If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge
Sponsors are also reportedly granted an invite to Huobi’s annual conference, as well as to other offline events.
Insured projects can capture a wider audience that is willing to take on more market risk and less security risk.
“Ok, last bomb - I have a sell order in tomorrow to sell all my gold and to scale in to buy BTC and ETH (80/20)
Facebook’s Diem stablecoin is an existential threat to traditional bankingOPINION
With the update, Tezos blocks can now include three-and-a-half times more simple XTZ transactions and four times more multi-asset transfers, while contracts can perform 10 times as many internal calls as was possible prior to Delphi’s implementation.
It’s a joint undertaking from Nomadic Labs, Metastatic, and Gabriel Algour intended to “help individuals developing smart contracts on Tezos.”
— Jefferies told Cointelegraph that as per his company’s latest research, cryptocurrencies are considerably cleaner than their reputation would suggest:
3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO
It also includes independent verification of financial records against public blockchain data.
These are volumes, the futures premium, and top traders' positions at major exchanges.
PayPal has now started to roll out its crypto trading service, meaning millions of merchants will soon be able to accept digital assets as a payment method
Frictionless payments make it easier for shoppers to make impulse purchases, but they can increase levels of fraud — and in many cases, merchants are expected to foot the bill in the event of chargebacks
At the start of October, the derivatives exchange was charged with operating an unregistered trading platform and violating anti-money laundering regulations.
The open interest of buyers and sellers of perpetual contracts is matched at all times in any futures contract
Related: The chance for DeFi to fulfill the technology’s promise
Polkadot has also just announced it will be launching a “thousand validators” program this month, which will offer support and incentives to individuals seeking to run a Polkadot node in a bid to bolster the number of its validators by 1,000.
This time around, the block reward halving was met with relatively low selling pressure.
The near-term trend of BTC remains uncertain
Copper works with a range of the major crypto exchanges to make trading safer for institutional investors
He said:
Polkadot has also just announced it will be launching a “thousand validators” program this month, which will offer support and incentives to individuals seeking to run a Polkadot node in a bid to bolster the number of its validators by 1,000.
Not a single one squarely addresses whether XRP is an unregistered security.”
Bitcoin dominance index
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
On Nov
Professional traders tend to dominate longer-term futures contracts with set expiry dates.
“I believe the Big Four firms will serve as the bridge between the crypto ecosystem and the institutional world
In April 2018, Bitmain released the Antminer E3, an ASIC produced specifically for mining Ethereum
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to support “developers, event organizers, content creators, and ambassadors” throughout the Polkadot ecosystem.
The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple
“If Ethereum ends up being a chain that is sort of bridgeable [...] I think that there’s a very good chance that Polkadot and Ethereum will happily coexist,” said Wood.
Ankr’s new protocol, known as Stkr, offers a workaround by offering Micropools, meaning people with a lower ETH balance can get involved
We also run into challenges as bad actors find new ways to scam people out of their hard-earned money, and with new untested projects that capture value but are highly vulnerable to failures, bugs and exploits
Disclaimer
Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc
The numbers would appear to speak for themselves
Tezos upgrade reduces smart contract fees by 75% to attract DeFi
Executives say the firm’s technology, and in-depth knowledge and experience of staking, means they are well-suited to help the public make the most of the opportunities that PoS provides.
Meanwhile, MicroStrategy, the $3 billion business intelligence conglomerate, has just bought an additional $50 million in Bitcoin at the current price level, which yet another optimistic factor for Bitcoin
All fine, range-bound construction further
Want to stake ETH but don’t have $14K? This protocol can help
How DeFi can improve the e-commerce sectorUSE CASE
$1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures.
It’s time to mature: We need compliant decentralized financeOPINION
The calls for a Bitcoin correction have been increasing, even from several permabulls
Bitcoin vs
This is something that the earlier generation of crypto assets — Bitcoin (BTC), etc
What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S
This was achieved by integrating a pTokens bridge directly into its smart contract
CEO of independent consulting firm 101 Blockchains, Aviv Lichtigstein, further told Cointelegraph that Big Four firms in particular were quick to jump on the blockchain bandwagon but have remained silent about crypto adoption
Withdrawals from DMEX can be made as soon as trades are recorded on the blockchain — and the platform says confirmations normally take no longer than 30 seconds.
Therefore, it has strict requirements for financial diligence to its shareholders
Heavy accumulation of Bitcoin
DMEX says it has experienced a 10x increase in users since BitMEX introduced obligatory KYC — and as reported by Cointelegraph, Bitcoin balances at the centralized exchange have been decimated in recent months as a result of the public drama.
“The size and complexity of smart contracts is limited by gas constraints and so people attempting to build contracts with rich functionality have needed improvements to those constraints for some time.”
The advantage here is twofold: The user only shows private documents to one or two entities, thus reducing the surface area of attack for any potential data hacks, and the VASPs can have access to a larger user pool without having to increase compliance costs
Madden further noted that it’s complex for a digital asset firm to undergo an audit, mentioning that it specifically involves valuation methodology and proof of control, covering both cash and digital assets
Source: Blockchain.com
This news also comes as Grayscale has already added thousands of Bitcoin to its holdings in December alone
This dampens the volatility and increases the market’s liquidity
It’s time to mature: We need compliant decentralized financeOPINION
Madden further noted that it’s complex for a digital asset firm to undergo an audit, mentioning that it specifically involves valuation methodology and proof of control, covering both cash and digital assets
Currently, the market cap of Bitcoin accounts for 63.83% of the global cryptocurrency market’s valuation.
How DeFi can improve the e-commerce sector
“I’d personally like to avoid these types of situations in the future, which means providing an easy way for others to license and collaborate with my music
Furthermore, even in the middle of a global economic crisis, Bitcoin’s volatility is at record-low levels
Bitcoin All Exchanges Outflow Mean
Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund managerMARKET ANALYSIS
Historically, bull runs in the cryptocurrency market coincided with an increase in HODL activity
This shows that institutions have confidence in the long-term trend of BTC, and more than they did three years ago.
Huobi’s investments follow a pair of similar announcements from Polkadot on Thursday
Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators.
You should conduct your own research when making a decision.Stay tuned
Because the switch has been delayed numerous times, stake.fish has started offering staking services for other PoS and delegated PoS projects like Tezos (XTZ), Cosmos (ATOM) and Cardano (ADA)
'I am a wonder:' An interview with an Axie Infinity NFT
The Sponsorship program allows individuals to recommend Polkadot projects for listing in the “Polkadot ecological zone,” a special asset listing section of the Huobi exchange
Ghosh mentioned that this is an important development for KPMG, as it demonstrates how critical the convergence of AI and blockchain is to enable trusted artificial intelligence
Breaking $19,400 = new ATH
Related: What Is Libra? Breaking Down Facebook’s New Digital Currency
“I can’t imagine how much of a dork I would be if I found a five-year lease with $0.04 power, and I was mining ETH and I decided to sell everything and just keep paying my lease so I could stake ETH as a replacement.”
Losing $18,500 = likely $16K tests.”
A decentralized anonymous margin trading exchange says it doesn’t require Know Your Customer checks — meaning users can begin trading as soon as they’ve generated a wallet.
“They make twelve separate arguments for dismissal of the plaintiff's claims
So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming
I find it quite distasteful that I am the subject of such vanity, but I suppose hoomans could flex amongst themselves on who the owner of the great Axia is, as NFTs enable cryptographically verified, provable ownership
CryptoQuant CEO Ki Young Ju told Cointelegraph explained that whale inflows hit an eight-month high when BTC got close to $20,000
OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists.
With the update, Tezos blocks can now include three-and-a-half times more simple XTZ transactions and four times more multi-asset transfers, while contracts can perform 10 times as many internal calls as was possible prior to Delphi’s implementation.
Bitcoin weekly chart (Binance)
Take notice of how the fixed-calendar futures should usually trade with a 0.5% or higher premium versus regular spot exchanges
We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.”
Just eleven years on, and both sectors have matured greatly, resulting in well-established organizations taking the technology more seriously as they tackle challenges that come with implementing blockchain and the use of digital assets.
Last year, the two organizations conducted a global study that found more than 64% of blockchain initiatives were being funded by IT or research budgets
“As this market is currently dominated by a few large players, there is a significant room for new platforms to change the way and amount of royalties distributed to individual musicians, podcast producers, and all other artists
Blockchain is already improving the way artists, especially independent ones, are paid and increasing the amount they get to keep while also streamlining the process of copyrighting and distributing the work, which doesn’t just end there
While this covers all crypto assets, it introduces especially stringent requirements for issuers of “asset-referenced tokens” (stablecoins) and even more stringent requirements for “significant asset-referenced tokens” (global stablecoins)
Binance estimated leverage ratio
Decentralized finance and shopping seem like an unusual combination at first
This is a call to action.
Source: CryptoQuant
If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge
Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte
The company’s global head of business development, Dan Kochis, said:
According to DMEX, expirations and liquidations are performed using decentralized price feeds from trusted exchanges including Bitstamp and Binance — meaning that its team has no way of manipulating the prices on user positions.
Decentralized finance and shopping seem like an unusual combination at first
Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level
Others will refer to the leaderboard data, therefore monitoring accounts that did not opt-out from the ranking, but this is not accurate.
Treasurys, have been providing minimal yields in recent years
They keep BTC on exchanges to make them available to sell I think
The blockchain-based platform says that artists may be attracted to decentralized platforms because of the potential for relatively higher earnings, compared to conventional platforms.
According to her, blockchain technology can help, and already is helping, to solve these issues
While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.
Instead, it’s a sign of the natural development that all new markets go through as they enter into the mass adoption phase, which will result in a more mature, more stable, less volatile cryptocurrency sector.
Based on my interactions with my creators, they have a strong vision for the world they want to create
Bitcoin “quietly eating the financial world”
Dmitry Tokarev is the CEO of Copper, a crypto-asset infrastructure provider, custodian and a prime brokerage
ETH is also supported as a margin currency along with DAI, a stablecoin that’s pegged on a 1:1 basis with the U.S
Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS
Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient
DMEX addresses this by using a state-of-the-art matching engine that monitors account balances while the confirmation is taking place — allowing multiple trades to take place simultaneously
Sudden shifts to the negative range indicate a strong willingness to keep short positions open
The open interest of buyers and sellers of perpetual contracts is matched at all times in any futures contract
blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year.
Arslanian noted that PwC recently published their 2020 Crypto Hedge Fund report, which shows the total assets under management of crypto hedge funds globally increased to over $2 billion in 2019, as compared to $1 billion from the previous year
The transition of royalty payments into the blockchain should empower artists in the music industry by increasing their bargaining power for asking higher payouts, claims a report that blockchain-based digital music platform, OPUS has shared with Cointelegraph.
In comments today on Twitter Larry Sukernik, the head of investments at Grayscale parent company Digital Currency Group, cautioned platforms like Polkadot not to take developer migration for granted:
It’s important to also be clear that competition, in our space, is done on various levels; some require collaboration, some don’t
The program draws on the same program that was launched on Polkadot’s sister network and parachain Kusama in February
While the distributed ledger system created alongside Bitcoin has a powerful use case in the realm of currency and assets, in which value can now be digitally transferred without any middlemen or risk of duplication because ownership is immutable and provable, these same applications can be translated into many other industries beyond finance.
Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory.
Such a situation, also known as backwardation, indicates strong bearishness.
Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies
While this covers all crypto assets, it introduces especially stringent requirements for issuers of “asset-referenced tokens” (stablecoins) and even more stringent requirements for “significant asset-referenced tokens” (global stablecoins)
Users who select BTC as a margin currency are given a deposit address, and all funds sent to it are tokenized and deposited to DMEX
“This can happen by achieving a synergy between AML, fraud investigations and an open data ecosystem that takes the security of crypto financial markets to a level never seen before or even thought possible in traditional finance.”
High prices seem to be part of what drew Axia onto Twitter
The report goes on to state that if things continue at the same rate, the total volume of stolen crypto for 2020 has the potential to get close to reaching the $4.5-billion mark set in 2019
This fall, the European Commission launched a comprehensive legislative proposal for the regulation of crypto assets
There are plenty of blockchain projects out there that are not built under minimum acceptable standards, and it’s difficult for every user to go through the codebase and verify that the code is doing what it is meant to do
Every trader has their own system, and some will only act if three or more bearish conditions are met, but there is no set rule for knowing when to buy or sell.
Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloom
3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO
High prices seem to be part of what drew Axia onto Twitter
Now, the moves by Waters and the Democratic representatives may bode poorly for the crypto space in the U.S., particularly should the GOP lose the Georgia Senate runoff and thus control of the Senate.
Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years
14, Grayscale disclosed that its net assets under management (AUM) reached $9.8 billion
Many VASPs have dramatically improved their security posture, making it harder for hackers to steal from the platforms themselves.”
The company can also assist with the creation of non-fungible tokens, another sub-section of the crypto industry that’s enjoying explosive levels of growth, after having been adopted by big brands, including the NBA
Over the long run, strong macro factors suggest BTC is on track for a firm recovery
Schiff has toned down his skepticism in recent weeks, focusing on the U.S
The most prominent piece of data that supports predictions of a positive trend is the increase in “HODLing” activity among investors.
Source: Digital Assets Data
Bitcoin hash rate rebounds after huge difficulty drop
Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges.
I hope that they will enable the community to contribute meaningfully and set themselves apart from gaming companies of the past which hold their IP more important than their supporters.
By the end, the not-unpleasant notion occurred to me that I might now be friends with an Axie