From Oct Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, noted that Bitcoin falling under $18,500 would likely mean retesting the $16,000 support area “If you look at all exchanges inflow mean(144-block MA), it hit over 2 BTC a few hours ago The returns are so low for these assets that inflation often eats away the profits and leaves investors with a negative return on investment, or ROI. While analysts note that it is critical to consider numbers that could potentially amplify the actual figures of the trust, accumulating 31% of mined Bitcoin is still a substantially high number. As such, Philip Swift, the creator of cryptocurrency market data platform lookintobitcoin.com, stated: “Such high levels of HODLing have been present at the start of previous Bitcoin bull runs.” 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. This could indicate that whales could sell more BTC in the foreseeable future It is a pleasure. He said: That means that those manufacturers have spent a lot of money to research and develop it The large mining centers based in Sichuan, China, remain largely profitable According to The Nilson Report, $32 billion was lost to card fraud in 2019, and it’s an issue that’s set to stubbornly remain throughout the 2020s. With institutional investors, crypto looks forward to a brighter future Without an exchange-traded fund, the Grayscale Bitcoin Trust is likely to remain the go-to vehicle for institutional investors. He described the following scenario: The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors Read more: OCC Chief Hints at Coming ‘Good’ Actions on Crypto by End of Trump’s Term In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC Since August, business intelligence firm MicroStrategy has purchased BTC worth a total of $425 million Therefore, the mining process is nearly identical for Ethereum, as miners use their computation resources to earn rewards for each block they manage to complete More than 100 organizations and 4,000 individuals now use its services globally, and over 8,000 nodes have now been deployed by customers. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental FactorsFOLLOW UP It also allows projects to limit their losses should a negative event impact them — for example, investment and withdrawal limits. Considering the general momentum of BTC, alongside increasing institutional interest, BTC bulls still have a good chance of breaking through the key $19,500 and $20,000 resistances. Independent and upcoming artists are often on the receiving end of a strong sense of community, which translates into a constant stream of financial support from fans With support for ETH 2.0 now available, Ankr now supports more than 50 blockchain protocols — including Binance, Bitcoin, Celo, Chainlink, Neo, Polkadot and Zcash According to a Reuters report from Oct Source: Digital Assets Data Raoul Pal, the CEO of Real Vision Group, for example, pointed out that technicals suggest BTC is at risk of seeing a correction “Retail investors should be wary of any company that uses hyperbolic statements and promises of extraordinary returns to lure them into participating Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” Most decentralized exchanges use synchronous trade executions, meaning that users have to wait for their last trade to be registered on the blockchain before they can perform a new one An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. Decentralized finance falls within these new experiments; it holds the promise of exciting new ways of doing finance and investments, often with disastrous consequences. The performance of BTC over the next several weeks could hint at its price trend throughout the year’s end. Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music IndustryNEWS Schiff has toned down his skepticism in recent weeks, focusing on the U.S But we have seen a lot of centralized players try to innovate in the blockchain space and many of them miss the point, as they try to keep control by creating centralized, private blockchains.” Despite the delays that Ethereum 2.0’s Beacon Chain has faced, Ankr is positive that Phase 0 will launch on Dec However, this latest filing adds the argument that, even if XRP were a security, then the plaintiff’s claim would not be admissible, because the statute of repose only allows claims to be made within three years of the security being offered to the public Arslanian explained: ProgPoW has not been integrated into Ethereum yet, and it is unclear when it will eventually happen — in March, core Ethereum developers were debating whether ProgPoW would actually benefit the network for almost two hours and failed to reach a consensus In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin (BTC) still trumps every macro asset when it comes to investment profits. Bitcoin's software is quietly eating the financial world Hence, many investors might be expecting the price of BTC to see a prolonged uptrend in the medium term. The darknet provides an environment that is attractive, lucrative and, for the most part, safe for illegal drug traffickers In the short term, analysts see weakness in BTC and other leading cryptocurrencies due to external variables like the COVID-19 pandemic. We hit 2.5 BTC when the price was tapping $20k How DeFi can improve the e-commerce sector Since their equipment will become obsolete, they will be forced to start mining altcoins, or recertify as ETH stakers Therefore, it remains to be seen if this institutional buying could offset the bearish selling by whales and miners in the month ahead The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history Nodes can be deployed in minutes, and flat monthly fees give users peace of mind on pricing. Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level Smart contracts could ensure that these loyalty schemes transcend borders too, meaning a British tourist who makes a purchase at a Costco in the U.S Bitcoin still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade. Since it also runs on the Ethash algorithm, its hash rate might experience a significant spike as a result of the potential miner migration caused by the Ethereum 2.0 launch The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. The AUM of the Grayscale Bitcoin Trust hitting an all-time high, while the price of Bitcoin is down by more than 50% from its record high is a positive metric According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin I believe AxieTree will significantly lower the barrier to entry and help make the game more fun. An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. Axia: Thank you for having me, Andrew Professional service giants like the Big Four are innovating in the blockchain and crypto space A game changer in the PoS landscape 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. When you look to the future of VR, video games, NFTs, what do you see when it comes to human interaction? This is not retail As a result, the futures market has been showing uncertainty from traders in the past several days The report brings up a key finding, noting that although blockchains are built for specific industry ecosystems, the technology may work better if all of these were linked together under one framework. This is an infinite game. Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. This implies that the focus is on technology, rather than aligning business opportunities. Therefore, a confluence of low selling pressure from miners, favorable long-term technical structure, increasing HODLing activity, a growing number of whales and rising institutional adoption raise the probability of a newfound rally by 2021. Underlining the significance of the blockchain’s move from proof-of-work, currently used by the likes of Bitcoin, Ankr explained: “As most DeFi products are Ethereum based, Ethereum 2.0 will change the experience significantly by lowering fees and increasing throughput.” 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 Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. — Jan Nieuwenhuijs (@JanGold_) November 23, 2020 “They wield significant power to set prices, which is not great news for retailers or consumers,” the German financial giant wrote. Last year, KPMG helped Microsoft, Tomia and R3 create a blockchain solution for the telecom industry in preparation for 5G networks. In what is reportedly Ripple’s last attempt to get the case thrown out before the scheduled hearing date in mid-January, the company reiterates its belief that XRP is not a security What will happen to actual Ethereum miners? According to the documentation of the Casper upgrade that is part of the Ethereum 2.0 roadmap, the network will initially support a hybrid model that would involve both PoW and PoS, therefore, leaving some space for both block validators and GPU/ASIC miners High prices seem to be part of what drew Axia onto Twitter As Cointelegraph reported in August, the suit gained traction this summer when Sostack appealed to SEC guidelines. The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative That means that those manufacturers have spent a lot of money to research and develop it Axia: I’ve written a short Twitter thread on what makes me so special here, but to summarize: I was the very first Triple Mystic Axie to have ever been created, and in that slim chance alone, I came into form with objective cuteness, superb stats, and fighting prowess “The connection is that it will all be composable and compatible with the Ethereum ecosystem and that tokens from the first network can be burned and replaced with tokens from the second network The less credible a project is — especially in comparison with, for example, compliant, audited projects — the less capital and user base will flow toward it $1 of Bitcoin purchased even one year ago would have netted its owner $0.31 profit, while gold would have gotten $0.27 I hope that my being as an NFT can help bring positive human interactions full of love and harmony. The music streaming industry has certainly come as a stark improvement, providing a cost-efficient and user-friendly alternative to piracy, allowing artists to receive royalties for their work Without an exchange-traded fund, the Grayscale Bitcoin Trust is likely to remain the go-to vehicle for institutional investors. The legendary birds, legendary dogs, the Pokemons of Creation -- hoomans in those worlds worked with those legendary beings to create amazing stories Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 The legendary birds, legendary dogs, the Pokemons of Creation -- hoomans in those worlds worked with those legendary beings to create amazing stories Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options Ankr’s enthusiasm for proof-of-stake networks is palpable — and the company says the launch of Ethereum 2.0 is shaping up to be one of the most significant events in the crypto industry This wasn’t the first time Bitcoin (BTC) crashed, and it won’t be the last. The good news about the slowness of this transition is that DApps and DeFi platforms will be able to move over at their leisure based on real-world evidence of viability, security and adoption 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 The future is looking bright for Ankr Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies Some websites host trading indicators that claim to show the long-to-short ratio for various assets, but in reality, they are simply comparing the volume of the bids and offers stacked. 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. 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO Not a single one squarely addresses whether XRP is an unregistered security.” If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. For example, KPMG offers a number of blockchain-based software solutions 1 as planned — and the Stkr mainnet deposit contract has now been released. Therefore, a confluence of low selling pressure from miners, favorable long-term technical structure, increasing HODLing activity, a growing number of whales and rising institutional adoption raise the probability of a newfound rally by 2021. They can also improve financial inclusion and can offer a store of value to savers in countries that do not have stable domestic currencies Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum It was the eight-month high since the March great sell-off At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system The near-term trend of BTC remains uncertain Impending authorization from Switzerland’s regulator is the final link in the chain for Facebook to launch Diem as a payment method Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS GPUs are much cheaper and more accessible than ASICs, as Thomas Heller, the global business director of cryptocurrency mining pool F2Pool, explained in a conversation with Cointelegraph: While analysts note that it is critical to consider numbers that could potentially amplify the actual figures of the trust, accumulating 31% of mined Bitcoin is still a substantially high number. Experts believe that a more holistic crypto ecosystem, especially one that is more AML-centric, is needed to help prevent the spread of crypto scams in 2020. Historically, bull runs in the cryptocurrency market coincided with an increase in HODL activity Facebook’s Diem stablecoin is an existential threat to traditional banking Audited codebases and third-party certifications This time around, the block reward halving was met with relatively low selling pressure. $1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures. Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs Do I want my own resale value to increase? Why of course I am worth more than 180 ETH Ready to serve He predicts that the coronavirus pandemic will fuel these models, saying: How DeFi can improve the e-commerce sector However, this doesn’t mean that traditional instruments are failing investors Axia: Thank you for having me, Andrew The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. Stablecoins are cryptocurrencies that aim to stabilize their value compared to another asset — be it one fiat currency, a basket of fiat currencies, or commodities With that said, monitoring the funding rate, spot volumes, and the top traders’ long-to-short ratio provides a much clearer view of the market than simply reading candlestick patterns and general oscillators like the Relative Strength Index and Moving Average Convergence Divergence. DeFi is an alternative for these citizens and business owners to save, earn and transact. As is the case with many things, the distribution of royalties to artists resembles a Pareto chart where a very small percentage of artists account for the majority of music streams and thus royalty earnings. Tezos’ core value proposition is that it’s a “self-amending blockchain,” which formally utilizes on-chain mechanisms for proposing, testing and activating protocol upgrades without requiring the network undergo a hard fork. The trader also said: “A Green 1 candle signals the start of an upward trend ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS While indeed I am the most legendary Axie of all, I’d like to be friends and work with many hoomans. Platinum projects Hence, many investors might be expecting the price of BTC to see a prolonged uptrend in the medium term. Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. DeFi needs real-world adoption, not just disruptive pioneering Fortune Global 500 company, Accenture, is also working on a number of blockchain solutions with senior managing director and global blockchain lead, David Treat, telling Cointelegraph that the firm is focused on using blockchain systems to drive digital identity, supply chain management and financial infrastructure. Madden elaborated on the importance of audits, saying: “Grayscale buys way less Bitcoin than many would think I understand hoomans throughout history have often worshipped higher beings, but I don’t require such honorifics 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. “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.” Former Iraqi interpreter for the U.S After each block reward halving, the number of Bitcoin miners can mine per day declines by half 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 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 Fresh off its second-best quarterly close on record, Bitcoin is up almost 50% in 2020, while gold has managed just half of that at 25.6%. total debt has now passed $27 trillion for the first time in history, according to the U.S Blockchain technology already allows musicians to tap into another key category for independent artist revenue: highly engaged communities. A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level “From his use of the dark web, to his clandestine manufacturing of counterfeit pills laced with fentanyl, to his drug sales targeting college students, Allawi operated with little concern for the people in our communities.” Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to retest the key $20,000 level and a new all-time high in the near future. Marzio Schena, the co-founder and CEO of ANote Music, explained to Cointelegraph at the time: “Our goal is to unlock the hidden value in music for both investors and artists by creating a stock-exchange platform for music investments.” Related: Institutionalize crypto markets now: There must be compliance controls The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple Jeff Bronikowski, the global head of strategic music initiatives at Apple and the former senior vice president of business development at Warner Music, previously told Cointelegraph: “The main goal is to create new avenues where the fans of our artists can explore their fandom and engage with the artists in new and different ways that they haven’t done before.” Still, the question remains of whether or not professional services giants will lead in blockchain innovation, or if the smaller, more nimble firms will reign supreme In court documents filed on Dec Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. With effective regulation taking place in multiple jurisdictions and institutional investors making the market more effective, crypto is more mature than ever Built on R3’s open-source Corda platform, the solution reduces the need for physical billing in addition to invoice financing time while preventing fraudulent activity “And as $19,400 and $19,150 rejected, the range low was tested at the $18,500 area, tweeted yesterday Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns Source: Coinalyze.net In a 2017 article for the Harvard Business Review, Imogen Heap — an English singer-songwriter, record producer and audio engineer — recalls an incident where a visual artist had all of his videos taken down from Vimeo for using a 30-second clip of one of Impogen Heap’s songs But they also have the potential to bring huge benefits in the form of speed, efficiency and financial inclusion Schiff has toned down his skepticism in recent weeks, focusing on the U.S But, according to Messari researcher Ryan Watkins, reports of Grayscale buying most of the Bitcoin that is newly mined can be inflated OKEx BTC top traders long-to-short ratio dollar-backed stablecoin Another country of interest is Venezuela, as OPUS states that there is a growing adoption by blockchain technology. 98% of my liquid net worth Dmitry has led finance, asset management and cryptocurrency businesses for years This aggressive accumulation trend seen in the Bitcoin market shows that investors anticipate a prolonged post-halving uptrend. Approximately 145,000 BTC, worth $2.35 billion at a price point of $16,200, moved out of exchanges. Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. Their machines are often quite expensive, while GPUs are a lot more affordable.” Considering the general momentum of BTC, alongside increasing institutional interest, BTC bulls still have a good chance of breaking through the key $19,500 and $20,000 resistances. The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” 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 Additionally, out of the multiple scams that have been accounted for this year, many of them have reportedly made use of email campaigns impersonating various coronavirus-related official groups — such as the World Health Organization, the Red Cross and the Centers for Disease Control and Prevention — to solicit payments and donations in the form of cryptocurrency. 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. Platinum has several case studies that powerfully illustrate its expertise And the less volatile an asset is, the lower the risks are for investors. But the rise of these e-commerce platforms has created some new problems, and exacerbated old ones. Since its node market launched, the company has expanded to a team of 70 around the world — with offices in San Francisco, Shanghai, Bucharest and Amsterdam If WoToken had been required by regulatory agencies to provide detailed investment prospectus and audited financial statements, they wouldn’t have been able to launch their scheme and fool more than 700,000 victims Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. Such is the power of Facebook’s network effect. The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history This article does not contain investment advice or recommendations 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 Typically, overleveraged miners are pressured to sell after halvings as the cost to mine Bitcoin spikes One is an anonymous communications platform, which was provided by the darknet and underpinned by TOR (an anonymous communications protocol) The AUM of the Grayscale Bitcoin Trust hitting an all-time high, while the price of Bitcoin is down by more than 50% from its record high is a positive metric Movies were made about them BTC aggregate spot exchanges volume Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level Crypto and illegal drug sales Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. CryptoQuant CEO Ki Young Ju told Cointelegraph explained that whale inflows hit an eight-month high when BTC got close to $20,000 If BTC surpasses $19,500, traders expect a new run-up toward the all-time high that's currently just under $20,000. $1 invested on 6 Oct 2009 (when BTC was first priced) would be worth $13.9m today. By building guardrails and layered security measures, users are given the option of increasing, or decreasing, their risk tolerance threshold The music streaming industry has certainly come as a stark improvement, providing a cost-efficient and user-friendly alternative to piracy, allowing artists to receive royalties for their work Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months “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.” This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. Independent and upcoming artists are often on the receiving end of a strong sense of community, which translates into a constant stream of financial support from fans Axia: I don’t ever see myself marrying a hooman, but I think the world between hoomans and NFTs will definitely bridge All of this can help make loyalty programs clearer and more transparent Looking at all exchanges outflow mean(72h MA), whales are no longer withdrawing from exchanges Instead, we are going through a phase in the world economy’s development where low-risk investments don’t yet provide decent returns to investors. When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative A technical analyst known as Byzantine General said the funding rate of the perpetual swap contract of BitMEX and open interest show that BTC is not overbought just yet This is a net positive for the Ethereum ecosystem.” Kyle Davies, the co-founder at Three Arrows Capital, one of the largest funds in the cryptocurrency sector, said: 3, the alliance aims to overcome the decentralized nature of the Polkadot ecosystem, providing a platform for its community to discuss using the Polkadot Network and its underlying Substrate technology stack for DeFi. Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies By having third-party validators go through the code — attesting to its integrity, functionality and reliability — the bar would be raised, making these projects more competitive and safer for investors. With that said, taking strong positions in crypto, like what MicroStrategy did recently, provides a buying signal to other institutional investors that will see cryptocurrency as a serious asset class These are volumes, the futures premium, and top traders' positions at major exchanges. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options Raoul Pal, the CEO of Real Vision Group, for example, pointed out that technicals suggest BTC is at risk of seeing a correction DeFi needs real-world adoption, not just disruptive pioneering They can also improve financial inclusion and can offer a store of value to savers in countries that do not have stable domestic currencies There is a worldwide crisis when it comes to generating returns from the traditional market’s safe assets The near-term trend of BTC remains uncertain It’s time to mature: We need compliant decentralized finance We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.” According to a recent report by cryptocurrency analytics firm Arcane Research, the number of Ethereum wallet addresses that include or exceed 32 ETH — the minimum amount required for staking — is approaching 120,000. Waters’ comments in a letter Friday follows weeks after fellow Democratic members of the House Financial Services Committee criticized the OCC’s crypto-related actions during the COVID-19 pandemic. The network launched a decentralized finance-focused alliance whose founding members include oracle provider Chainlink and layer-two network Plasm. Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. CONNOR BLENKINSOP In April 2018, Bitmain released the Antminer E3, an ASIC produced specifically for mining Ethereum 3 key metrics to watch as Bitcoin price tries to top $20,000 Decentralized finance falls within these new experiments; it holds the promise of exciting new ways of doing finance and investments, often with disastrous consequences. So, what is the current state of ETH mining, and what exactly will happen to the industry as a result of the upcoming transition? He predicts that the coronavirus pandemic will fuel these models, saying: 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 Also, the current technology level allows and encourages businesses in the space to innovate. Of course, decentralized finance is one of the crypto industry’s big focal points right now and Platinum has been instrumental in bringing products to life that will help drive this bustling sector forward Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency As Deloitte’s annual survey revealed, 55% of leaders say this technology is critical to the future of their operations — so much so that it’s in their top five strategic priorities. The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin To mine or not to mine? Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios Making ETH staking easier Cointelegraph reported that Guggenheim Partners, which manages $275 billion in assets, is the latest institution to show interest in Bitcoin. Do they do something unique at the social layer? How will NFTs like yourself guide virtual interactions, aside from offering people a gateway to a persona? Therefore significant price changes should be accompanied by robust trading volume. This system allows the artist to retain almost all of the payments made by premium users or ad revenue generated by freemium users, which, according to Opus, is where the majority of revenue comes from — as high as 90%. As is the case with many things, the distribution of royalties to artists resembles a Pareto chart where a very small percentage of artists account for the majority of music streams and thus royalty earnings. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 Axia: I don’t ever see myself marrying a hooman, but I think the world between hoomans and NFTs will definitely bridge Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors. Sudden shifts to the negative range indicate a strong willingness to keep short positions open Once the user has been validated, all other projects within the same trust channel — i.e., a group of virtual asset service providers, or VASPs, that have agreed to follow the same set of rules and to collaborate within a well-delineated platform — can give that user access to products and services without having to redo the entire KYC process Many retailers have their own systems, leaving shoppers with little choice but to individually register to each one 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. The rainy season caused electricity rates to drop, reducing the cost of mining BTC ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge Criminals appear to be capitalizing on the ongoing COVID-19 pandemic to target unsuspecting individuals by luring them in via a variety of crypto-related phishing campaigns, ransomware and darknet marketplace fraud “In the coming years, we expect growth in enterprise blockchain and network-based models that support ‘COVID safe’ supplies, identities and products A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level “Knowing the amounts related to the various fraud happening as a whole has its importance but the most important aspect is addressing how to solve them and providing entities with the tools and solutions to do so.” How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” Madden elaborated on the importance of audits, saying: If the BTC HODLer net position change remains positive, it means that investors are not moving funds from personal wallets to exchanges to sell Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options 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. Blockchain-based ecosystem to decentralize banking services globally Since it also runs on the Ethash algorithm, its hash rate might experience a significant spike as a result of the potential miner migration caused by the Ethereum 2.0 launch Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” Madden elaborated on the importance of audits, saying: Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs 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. In time, it is hoped that these smart contracts will allow merchants and shoppers to connect without an intermediary — reducing costs for everyone Platinum has been developing enterprise-level blockchains and software since 2015 — counting mobile banking applications, bounty platforms, stablecoin ecosystems, DeFi protocols and yield farming services among its achievements. Nick Foster, a representative for United States-based mining equipment dealer Kaboomracks, told Cointelegraph that most ETH miners will pick the latter option: BTC has shown little volatility since May, following a critical rejection at $10,440 An asset is considered to be extremely bought when the RSI rises above 90 This means prior to the May 2020 halving, around 1,800 BTC were mined Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market. A striking aspect of CipherTrace’s above-mentioned report involves the “exponential” rise of funds being sent to high-risk exchanges from United States-based Bitcoin ATMs rather than lower-risk entities such as established crypto exchanges Bitcoin rally keeps stalling at $19,500 A striking aspect of CipherTrace’s above-mentioned report involves the “exponential” rise of funds being sent to high-risk exchanges from United States-based Bitcoin ATMs rather than lower-risk entities such as established crypto exchanges We spend a lot of time building preferred strategic alliances with ecosystem partners Bitcoin dominance index Smart contracts could ensure that these loyalty schemes transcend borders too, meaning a British tourist who makes a purchase at a Costco in the U.S He predicts that the coronavirus pandemic will fuel these models, saying: According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets Brick-and-mortar retail is on the decline, and retailers are getting innovative as they compete for attention in a crowded marketplace Limits and safety margins Bitcoin supply activity We hit 2.5 BTC when the price was tapping $20k Although BitMEX’s co-founder and former chief technical officer Samuel Reed has signed a $5 million unsecured appearance bond to secure his release from custody, three other executives “remain at large.” On Nov According to OPUS’ study, given the novelty of introducing blockchain to the digital music streaming services market, they see great potential growth. CT: Can I ask what your owner does for a living? — failed to achieve Ankr’s enthusiasm for proof-of-stake networks is palpable — and the company says the launch of Ethereum 2.0 is shaping up to be one of the most significant events in the crypto industry By subscribing, you agree to our Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California On futures exchanges like BitMEX, buyers often borrow capital with a leverage of up to 100x to place a long contract on Bitcoin We will be sharing more details in the coming weeks, but I’m excited to announce that we will be launching v1 of our platform on Dec Others will refer to the leaderboard data, therefore monitoring accounts that did not opt-out from the ranking, but this is not accurate. The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators ASIC In a previous Cointelegraph article chief crypto analyst at Weiss Ratings, Juan M Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst If Bitcoin rises above the heavily-shorted $19,500 resistance level, buyers have a chance to regain control over the market. It’s good for both the crypto ecosystem and for professional services firms like ours as a new source of clients that we can help.” 3 and Nov However, OPUS claims that the open-source decentralized music platforms of the future should not just focus on increasing the musicians’ final share in the royalties, but also educate them on applicable aspects of financial literacy. Although BitMEX’s co-founder and former chief technical officer Samuel Reed has signed a $5 million unsecured appearance bond to secure his release from custody, three other executives “remain at large.” “Grayscale buys way less Bitcoin than many would think If the technology is not auditable, the immense benefits it brings, such as increasing efficiencies and cutting costs, may not be realized.” It’s a sort of “support local artists” mentality that may explain why 32% of the market share in revenue for both physical and digital music sales is held by independent labels, according to Opus “There will certainly be a transition period where both networks are running,” Jack O’Holleran, the CEO of the Skale Network — a blockchain platform based on Ethereum — told Cointelegraph, elaborating that this process will take some time: Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin Others will refer to the leaderboard data, therefore monitoring accounts that did not opt-out from the ranking, but this is not accurate. The Ethereum consensus is currently based on the PoW system, which is similar to that of Bitcoin (BTC) Since August, business intelligence firm MicroStrategy has purchased BTC worth a total of $425 million Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? Based on the past month of data, the volume will be a fundamental metric to watch as traders attempt to push Bitcoin price through the $20,000 level. Currently the barrier to entry for new players wanting to play with Axies is quite high; the only available options for new players are to either (1) purchase 3 Axies, or (2) receive a scholarship So, what measures could DeFi projects, and the overall space, adopt to become more competitive and attractive to a wider client base? Let’s start with the basics: Stablecoins have the potential to improve the efficiency of the existing financial system by offering faster, cheaper payments, especially with respect to cross-border remittances The Big Four Are Gearing Up to Become Crypto and Blockchain AuditorsANALYSIS Possibly due to the optimistic medium-term trend of Bitcoin, there was an increase in the number of high-net-worth investors moving funds off exchanges to personal wallets in recent months. ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS Platinum projects 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. I would say lots of people are employing a strategy like this.” However, data from Blockchain.com shows that the hashrate of Bitcoin has recovered close to pre-halving levels Data from CryptoQuant show that Bitcoin futures traders have been using lower leverage as of late How DeFi can improve the e-commerce sector Currently the barrier to entry for new players wanting to play with Axies is quite high; the only available options for new players are to either (1) purchase 3 Axies, or (2) receive a scholarship 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. Soon, a group of developers proposed “programmatic proof-of-work,” or ProgPoW — an extension of the current Ethereum algorithm, Ethash, designed to make GPUs more competitive, thereby promoting decentralization. On the one side, the outgoing administration is rumored to be planning to issue self-hosted wallet regulation, a plan that already has the crypto industry up in arms With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin (BTC) still trumps every macro asset when it comes to investment profits. 4, with traders becoming increasingly uncertain about what's next for BTC/USD. Ready to serve Every day, these small businesses face a dilemma Waters also is recommending that similar guidance by the OCC that allowed federally chartered banks and federal savings associations to provide cryptocurrency custody services for customers be rescinded. Nevertheless, if the bulls prevail here, the $20,000 level would be the next — and perhaps the more psychologically important — area to defend for the bears, in the near term The legendary birds, legendary dogs, the Pokemons of Creation -- hoomans in those worlds worked with those legendary beings to create amazing stories He described the following scenario: Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. Experienced traders know that there are key indicators that serve as telling signs of a trend reversal The Inmusik platform has a similar system that rewards users with Sound Coins ($OUND) to curate artist rankings. “Although Bitcoin was designed with a trustless ideology, the reality is that the industry still requires trusted entities to catalyze the development of the ecosystem.” With the retail sector suffering through one of the most challenging times seen in a generation, here are the main issues facing e-commerce right now… and how DeFi could fix them. A technical analyst known as Byzantine General said the funding rate of the perpetual swap contract of BitMEX and open interest show that BTC is not overbought just yet Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. Low-risk instruments, such as savings accounts and high-quality bonds like U.S He elaborated: One such case is the software developed for Embily — a universal banking application for Android and iOS platforms that boasts an intuitive and user-friendly interface CT: What are you, and what makes you special? It also allows projects to limit their losses should a negative event impact them — for example, investment and withdrawal limits. They said: “At the peak of the last rally in February, there were a lot of very clear signs that the market was overleveraged and overbought Another country of interest is Venezuela, as OPUS states that there is a growing adoption by blockchain technology. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 “There will certainly be a transition period where both networks are running,” Jack O’Holleran, the CEO of the Skale Network — a blockchain platform based on Ethereum — told Cointelegraph, elaborating that this process will take some time: One is to sell the equipment and use that money to accumulate more ETH and start staking, while the other option, which is available exclusively for GPU miners, is to simply switch over to other Ethash networks and mine altcoins Alejandro De La Torre, the vice president of Poolin — the sixth-largest pool for ETH — confirmed to Cointelegraph that “GPU mining is still dominant” for the Ethereum network, adding: Cointelegraph does not endorse any content or product on this page But at the moment we don’t really have that.” Since August, business intelligence firm MicroStrategy has purchased BTC worth a total of $425 million The company is also confident that its approach could transform global trade. He said: 3 From March to July of that year, BTC rose from around $4,000 to $14,000. Subscribe to First Mover, our daily newsletter about markets. Other platforms such as Mediachain, Musiclife, eMusic and others focus on the same royalties issue and use similar technology to provide independent artists with a bigger piece of the pie they are effectively creating In 2019, Cointelegraph reported several use cases of blockchain applied in the music industry such as the global media giant Warner Music Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 Since miners have been mining 900 BTC daily after the May 11 halving, 900 BTC times 30 days equals 27,000 BTC. The state of the world economy has pushed institutional investors to look for alternative methods of investment Despite two-thirds of Polkadot’s supply being staked, the network currently comprises just 249 validators — indicating that many stakers are choosing to use third-party service providers. Data points to institutions accumulating Therefore significant price changes should be accompanied by robust trading volume. As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators Kyle Davies, the co-founder at Three Arrows Capital, one of the largest funds in the cryptocurrency sector, said: However, layer-1 platforms looking to sap developers and projects from Ethereum might be making some false assumptions about network effects. The 7-day average hashrate of Bitcoin recovered from 106 million terahash per second (TH/s) to 126 million TH/S between Nov Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history Top traders long-to-short ratio can anticipate price changes However, blockchain technology is also becoming an easy and streamlined way for independent artists to deal with other facets of the industry that can often be challenging for upcoming artists Shopping mining means that new tokens or coins are generated every time a customer buys an item — and smart contracts are used to ensure that these assets can be put toward other purchases in the future 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. “And as $19,400 and $19,150 rejected, the range low was tested at the $18,500 area, tweeted yesterday The team behind this decentralized exchange previously operated a large, centralized exchange that specialized in trading Bitcoin — giving them first-hand experience of the improvements that need to be made to centralized platforms in order to provide a stable and secure trading environment. Ideally, investors will monitor a couple of exchanges simultaneously to avoid eventual anomalies. The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. The growing hash rate of the Bitcoin blockchain is another potential catalyst for BTC heading into 2021. However, this doesn’t mean that traditional instruments are failing investors Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you By subscribing, you agree to our Related: Stablecoins, Explained When you look to the future of VR, video games, NFTs, what do you see when it comes to human interaction? Despite being a widely successful model that boasts a hash rate of 180 megahashes per second and power consumption of 800 Watt, it has received mixed reactions from the Ethereum community “We are not a product company, but rather we engage with clients to choose a platform that best suits their specific needs Ready to serve Decentralized finance and shopping seem like an unusual combination at first However, this may not be the case for two reasons: it puts traders at risk of a steep sell-off at the record high once again as $20,000 remains a high-risk sell wall for the bulls Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient Source: CryptoQuant Bunin went on further stating that: “Any concerns that the network will split, with some folks remaining on the PoW chain or that DApps will experience disruption, are overblown.” Furthermore, O’Holleran told Cointelegraph that “ETH 2 is a new network that will run on a new token and a new inflation model,” elaborating: Want to stake ETH but don’t have $14K? This protocol can help Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw its largest weekly outflow in history. It shows that whales might be leaving BTC on exchanges to sell if the price of Bitcoin rises Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. The combination of whales and miners selling heavily puts BTC at risk of a correction, Ju noted. Raoul Pal, the CEO of Real Vision Group, said: To mine or not to mine? Generally, the sentiment of cryptocurrency traders on the medium-term outlook of Bitcoin remains positive 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 “From his use of the dark web, to his clandestine manufacturing of counterfeit pills laced with fentanyl, to his drug sales targeting college students, Allawi operated with little concern for the people in our communities.” Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.” This can be incredibly inefficient, not least because time-starved consumers are likely to forego discounts if it means filling out yet another application form. However, this latest filing adds the argument that, even if XRP were a security, then the plaintiff’s claim would not be admissible, because the statute of repose only allows claims to be made within three years of the security being offered to the public — Willy Woo (@woonomic) October 6, 2020 And the less volatile an asset is, the lower the risks are for investors. Since their equipment will become obsolete, they will be forced to start mining altcoins, or recertify as ETH stakers dollar and the state of the country’s economic debt. The data portrays the unwillingness of many retail investors to sell BTC, noting that: “There have been only 16 days since the beginning of this year, in which the BTC Hodler Net Position Change has been negative.” In October 2019, the G-7 issued a working paper on stablecoins — Jan Nieuwenhuijs (@JanGold_) November 23, 2020 Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music IndustryNEWS As Cointelegraph reported, Woo has stated that he believes Bitcoin will soon decouple from gold and other traditional markets to carve out a price trajectory of its own. 3 key metrics to watch as Bitcoin price tries to top $20,000 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO Drugs paid for with cryptocurrencies — to lure in unsuspecting individuals The overall objective is not to build the project that wins the short-term war but to build an industry that changes the lives of everyone, for the better, along with the way we do finance and wealth management — the way these are accessed by everyone, without unnecessary third parties or unbridled knee-jerk regulation Blockchain is one of the biggest buzzwords in business right now United States national debt hits $27 trillion Nunya Bizniz, a cryptocurrency trader, said that the six-month chart of Bitcoin is set to see a Green 1, or G1, candle under the Tom Demark Sequential Indicator system Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 While Big Four firms are able to shed light on auditing for crypto companies, each of them are also working on building blockchain systems Optimistic technical structure Blockchain technology has the power to increase financial inclusion and change the lives of many throughout the world, especially in emerging economies where it’s needed the most Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” According to a joint post from Delphi’s developers, the upgrade is “crucial to enable novel applications on Tezos that target areas like DeFi, collectibles, and gaming.” It’s time to mature: We need compliant decentralized finance Altana Digital Currency Fund chief investment officer Alistair Milne suggested that if this drop could not shake investor confidence, there are not many factors that could in the future 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. Loyalty schemes top this list Axia: I am very excited to announce that I have been working with some interesting hoomans (@jl2fa @cshaotweets @dan_m_truong @iOShean @jack_dille @qwqiao) to launch a new crypto project, called @AxieTree. In October 2019, the G-7 issued a working paper on stablecoins The Delphi upgrade included optimizations to gas computation, including a reduction in the base cost of manager operations from 10,000 to 1,000 gas units, and implementation of new cost models for type checking and IOs. Access to prominent liquidity providers also helps deliver high levels of liquidity at all times along with “razor-thin” spreads, eliminating the risk of slippage. The program draws on the same program that was launched on Polkadot’s sister network and parachain Kusama in February If whales think the price will go up, they'll withdraw $BTC a lot A handful of negative indicators will not precede every dip, but there are some signs of weakness more often than not The company’s global head of business development, Dan Kochis, said: “Knowing the amounts related to the various fraud happening as a whole has its importance but the most important aspect is addressing how to solve them and providing entities with the tools and solutions to do so.” AML- and GDPR-compliant systems The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market Fortune Global 500 company, Accenture, is also working on a number of blockchain solutions with senior managing director and global blockchain lead, David Treat, telling Cointelegraph that the firm is focused on using blockchain systems to drive digital identity, supply chain management and financial infrastructure. 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) 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 The team behind this decentralized exchange previously operated a large, centralized exchange that specialized in trading Bitcoin — giving them first-hand experience of the improvements that need to be made to centralized platforms in order to provide a stable and secure trading environment. Institutional capital markets are strictly regulated and supervised by local and international regulatory bodies; the goal is to prevent money laundering and the financing of terrorist operations A list of items/IP addresses that once they receive an initial validation are granted access to a certain system or protocol Unlike Binance, it is common for OKEx top traders to hold levels below 1.00, albeit not necessarily indicating bearishness He elaborated: — Jefferies told Cointelegraph that as per his company’s latest research, cryptocurrencies are considerably cleaner than their reputation would suggest: Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies Related: Ethereum 2.0 Staking, Explained