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. But should we celebrate institutional investors as the “saviors” of crypto? Or, on the contrary, are they the ones that will lead to the digital asset industry’s downfall? The 7-day average hashrate of Bitcoin recovered from 106 million terahash per second (TH/s) to 126 million TH/S between Nov 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. “Hardfork or die eth.” Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte On futures exchanges like BitMEX, buyers often borrow capital with a leverage of up to 100x to place a long contract on Bitcoin According to its 30-day data, numbers below 0.75 should be considered worrisome. Tezos conducted an initial coin offering in July 2017 — raising $232 million in what was the largest ICO to date — before launching its mainnet in beta one year later. Why declining Bitcoin reserves is bullish Brick-and-mortar retail is on the decline, and retailers are getting innovative as they compete for attention in a crowded marketplace The platform uses a Lightning Network node that helps to speed up transactions, all while making them cheaper 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.” Axia: I hope to go as far as I can to expand the wider Axie universe - and most importantly - positively On November 21st, the world’s first social media-managed, personality-branded non-fungible token (NFT) revealed itself to the cryptotwitter world: Axie #265, also known as “Axia.” This time around, the block reward halving was met with relatively low selling pressure. XTZ is currently trading for $2.06 each. 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 In court documents filed on Dec It’s important to note that MicroStrategy’s case with Bitcoin bears great significance, considering that the firm is a publicly traded company listed on the Nasdaq stock exchange. Until the next halving in 2024, 900 BTC will be mined per day. The platform uses a Lightning Network node that helps to speed up transactions, all while making them cheaper As the business of digital assets continues to grow and mature, and compliance and regulatory standards become more robust, auditors will continue to play a pivotal role.” The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. Axia: First - I am a big believer in value-add efforts Let me be clear: This is not an argument for allocating blame and liability for losses — these are, after all, decentralized projects, not financial institutions — but there are billions of dollars stacked on DeFi projects, and this should account for something. Typically, overleveraged miners are pressured to sell after halvings as the cost to mine Bitcoin spikes In a debut Tweet, the NFT played haughty and superior, complaining about its comparatively paltry $97,000 sale and arguing that, due to its rare features, appearance, and prowess in the game’s battle mode, it should have been far more expensive: Nodes can be deployed in minutes, and flat monthly fees give users peace of mind on pricing. 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 Decentralized finance falls within these new experiments; it holds the promise of exciting new ways of doing finance and investments, often with disastrous consequences. dollar-backed stablecoin The price of Bitcoin is consolidating around $19,000 as traders brace for a possible pullback. Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you These are volumes, the futures premium, and top traders' positions at major exchanges. Deutsche Bank has also warned that cash’s days are numbered, and criticized the likes of Visa and Mastercard in a recent report ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS Decentralized finance and shopping seem like an unusual combination at first The company is also confident that its approach could transform global trade. United States national debt hits $27 trillion Typically, overleveraged miners are pressured to sell after halvings as the cost to mine Bitcoin spikes Thus, they are an integral part of the online drugs trade.” AxieTree’s marketplace will reward lenders while helping bring many new players to the Axie ecosystem via borrowing With Diem, there is also the potential for massive network effects Axia: That’s interesting to think about, but I’m really not sure 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 Is this enough? 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 How DeFi can improve the e-commerce sector Institutional investors consistently invest in Bitcoin Generally, the sentiment of cryptocurrency traders on the medium-term outlook of Bitcoin remains positive 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO This has prompted experts to believe that BATMs may be at a greater risk of being used to launder money, especially given the preponderance of funds sent from them overseas, potentially to jurisdictions with lax AML and Know Your Customer policies. Banks and money service businesses should pay attention to high-risk transactions originating from BATMs that lack proper AML compliance.” So, their hash rate is much higher, and energy efficiency is better than the previous generation This is because the metrics discussed provide a direct gauge of professional traders' sentiment, and it is crucial to have a clear view of this as BTC tries to break $20,000. While Bitcoin mining has become almost entirely reliant on ASICs — large, loud machines designed specifically for cryptocurrency mining that are mostly clustered in regions with cheap electricity — Ethereum’s PoW hashing algorithm, called Ethash, has been designed to favor GPU units issued by global chipmakers like Nvidia and AMD Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors. “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards Futures contracts should not trade below spot exchanges And more and more often, Bitcoin (BTC) is becoming such a tool. Looking to the future For example, KPMG offers a number of blockchain-based software solutions “The Big Four firms immediately understood that the value of blockchain is in the digital transformation of enterprise business processes, rather than in the cryptocurrencies domain.” Bitcoin exchange reserves since January 2018 Blockchain technology, streaming and royalties It’s time to mature: We need compliant decentralized finance Rising hashrate brings all macro factors together “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” 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. It also allows users to tip their favorite artists directly Bitcoin still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade. The future of blockchain in music Elsewhere, Platinum became partners in the SpaceSwap project back in late September — and was tasked with developing a secure, reliable smart contract for the platform. However, Kline explained that the Big Four’s core competencies need to be revamped to take advantage of what public blockchains offer, adding: Stablecoins that become global success stories bring even more challenges Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. A blockchain-empowered rights and payments layer could provide the means to do so.” “What's worse is that [Joe Biden's] 1st term may add more than both combined.” More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges The paper highlighted risks to “monetary policy,” “financial stability,” “the international monetary system” and “fair competition.” BC Group CEO, Hugh Madden, told Cointelegraph that PwC has served as the company’s official auditor for two years now A report by Opus reads: “Its in the Whitepaper that ETH shall be ASIC resistant 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.” Ripple Files Final Motion to Dismiss Class-Action Securities Lawsuit To gain a better understanding of where the market seems to be heading in the coming months and years, particularly when it comes to crypto crime, Cointelegraph spoke to John Jefferies, the chief marketing officer and chief financial analyst at CipherTrace It was the eight-month high since the March great sell-off As more and more traditional organizations take to crypto — like Square and PayPal — the opportunity to rise to the challenge is ours; it’s up to those who know the space, who understand its core values and want to see it become much more than a well-kept secret That’s the power of NFTs Breaking important resistance levels on low volumes is somehow intriguing Despite being around for more than 10 years, the crypto space is still in its infancy; the technology advances so quickly that every year we get to experiment with new concepts, new ideas, new applications and new ways to change the face of the world. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets hopefully 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 “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” In comments made at the Polkadot Decoded summit, the programmer, who also co-founded Ethereum, dismissed the idea that there is only enough room for one layer-1 protocol. Related: Institutionalize crypto markets now: There must be compliance controls Well-structured stablecoins with appropriate legal, regulatory and governance controls have a valuable role to play in the world economy and could bring the benefits of crypto technology to an entirely new generation of users. Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” Looking to the future There are also features inspired by automated market makers, the smart contracts that create liquidity pools of tokens To start with, Bitcoin’s supply that has not moved for over a year has hit an all-time high, standing at 61% Subscribe to First Mover, our daily newsletter about markets. 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 This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance Rising hashrate brings all macro factors together 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 Uquid is aiming to establish a bridge between DeFi and e-commerce through Defito, a new ecosystem featuring concepts that haven’t been seen in the retail sector before. $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined Banks and money service businesses should pay attention to high-risk transactions originating from BATMs that lack proper AML compliance.” “Given the small scale of operations and low financial independence, smaller artists need to have high levels of financial and legal literacy, in order to secure their own financial stability.” “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” It has been discussed since Facebook first announced its intentions back in 2019 Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies Announced on Dec Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. Why declining Bitcoin reserves is bullish For popular statistician Willy Woo, zooming out to examine Bitcoin’s returns versus gold since the cryptocurrency’s inception in 2009 strengthens the case for holding BTC. Low-risk instruments, such as savings accounts and high-quality bonds like U.S Blockchain-based ecosystem to decentralize banking services globally This is problematic because purchasing 3 Axies can be too expensive and scholarships are a very manual process. Other founding members include layer-two technology provider Plasm Network, decentralized insurance market Tidal Finance, and non-custodial automated market maker Polkaswap BTC perpetual futures weekly funding rates For popular statistician Willy Woo, zooming out to examine Bitcoin’s returns versus gold since the cryptocurrency’s inception in 2009 strengthens the case for holding BTC. As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators On Nov Platinum is a member of the Boston Blockchain Association and describes itself as a “proven and renowned presence in the crypto industry.” The engineering company has also served more than 500 companies since launch. Uquid believes that DeFi can help e-commerce businesses grow quickly and reach a broader cross-section of customers around the world However, that’s not exactly the case here The process is automatic and immediate, delivering much-needed enhancements that eliminate some of the flaws associated with loyalty schemes right now. This is why global regulators are so concerned. Standing out from the crowd I hope said whitepaper stands for something” was one of the top comments in a r/EtherMining thread discussing the Antminer E3 around the time it was announced Ideally, investors will monitor a couple of exchanges simultaneously to avoid eventual anomalies. Bitcoin “quietly eating the financial world” BTC has shown little volatility since May, following a critical rejection at $10,440 15. Given that I have no similar prior experience, I would love to be reached out by other influencers from their respective communities who can help me conduct myself legendarily. Her Majesty's Treasury, the United Kingdom’s treasury department, plans to issue draft regulations for stablecoins and CBDCs soon. My own existence is indicative of the start of such Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS 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 The XRP price seems to be unaffected by the news, trading up 1.62% at $0.221, according to Coin360. 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 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 Through the use of smart contracts, it allows artists to be paid directly upon the purchase or stream of a song, which means that both the content and royalties are independently distributed 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 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 “Retail investors should be wary of any company that uses hyperbolic statements and promises of extraordinary returns to lure them into participating It’s time to mature: We need compliant decentralized financeOPINION Data points to institutions accumulating The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. These are volumes, the futures premium, and top traders' positions at major exchanges. The right to choose is the right way Blockchain to Disrupt Music Industry and Make It Change TuneANALYSIS 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 In a previous Cointelegraph article chief crypto analyst at Weiss Ratings, Juan M Top 20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance developers to build on top of its blockchain. According to data from Skew, the 10-day realized volatility of Bitcoin dropped to the lowest level of the year on June 24 Cointelegraph does not endorse any content or product on this page total debt has now passed $27 trillion for the first time in history, according to the U.S Based on my interactions with my creators, they have a strong vision for the world they want to create While the potential of blockchain technology has been widely recognized, even among the harshest critics of Bitcoin (BTC) itself, the possible use cases for blockchain technology are often thought of as limited only to the financial industry. Every investment and trading move involves risk 3 key metrics to watch as Bitcoin price tries to top $20,000 By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. 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 While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations All of this can help make loyalty programs clearer and more transparent The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. “The benefits will be most visible in large and complex contracts involving multiple calls to other contracts and substantial computation.” 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. The Big Four firms play a critical role when it comes to performing audits for crypto and blockchain companies What does this mean for Bitcoin? Blockchain-based music streaming platforms are trying to tackle this very problem In this instance, the music industry, which has too often been dominated by gatekeepers, will go under the microscope In court documents filed on Dec At the same time, the gold market has seen large outflows in recent weeks I’m a little concerned that my owner will never sell me, hence making my true price discovery impossible He said: 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. In addition to monitoring futures contracts, good traders also track volume in the spot market 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.” According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. Such a situation, also known as backwardation, indicates strong bearishness. In the short term, analysts see weakness in BTC and other leading cryptocurrencies due to external variables like the COVID-19 pandemic. The right to choose is the right way He seems to be growing more obsessed with me 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. This means that users have the freedom to sell or spend their staked assets, or use them in DeFi applications, at any time. This time around, the block reward halving was met with relatively low selling pressure. Fewer risks and good returns make Bitcoin an attractive alternative investment for institutions The public fintech and digital asset company is the parent company of the OSL digital asset platform 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%. Impending authorization from Switzerland’s regulator is the final link in the chain for Facebook to launch Diem as a payment method Looking at Axia, this reporter felt an odd sense of prescience — that Axia, the first anthropomorphized bit of non-fungible blockchain data, was not one-off, and instead augured a wider, likely looney, trend. Second, The $19,500 level is a massive resistance level for BTC Blockchain-based ecosystem to decentralize banking services globally 15 to Nov The rainy season caused electricity rates to drop, reducing the cost of mining BTC While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. One of the major altcoins that might benefit from PoW miners leaving Ethereum is Ethereum Classic (ETC), a more conservative version of the blockchain that reportedly has no PoS-related plans In time, it is hoped that these smart contracts will allow merchants and shoppers to connect without an intermediary — reducing costs for everyone Aleksander closed out by saying: “If the industry collectively adopts such solutions and processes, the capability of such scams of not only being successful but being able to take advantage of the stolen funds will become severely limited.” 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 Bitcoin hash rate rebounds after huge difficulty drop “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” Second, fund managers say that this could make Bitcoin even more dominant in the cryptocurrency market Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency 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. When you look to the future of VR, video games, NFTs, what do you see when it comes to human interaction? More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges However, layer-1 platforms looking to sap developers and projects from Ethereum might be making some false assumptions about network effects. Of course, there are 18 other Triple Mystic Axies -- and 3 Quad Mystics, even -- but it is the combination of all those things that make me, Axia, the greatest of all “First, the obvious one: 61% (!) of Bitcoin supply that hasn’t moved in over a year — that’s an all-time high You may refer to me simply as Axia or #265 Accenture is also working closely with the WEF on regular blockchain reports Brands pretending to be sentient isn’t anything new, but NFTs doing the same could very well be Treasurys, have been providing minimal yields in recent years Crucially, users continue to hold full custody of their Bitcoin at all times. Unlike other decentralized exchanges, DMEX also says that it allows Bitcoin to be used as a margin currency Big Four firm EY is also driving innovation in the blockchain space ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert CT: Thanks, your majesty. According to Treat, this use case demonstrates how DLT can be applied for track-and-trace supply chain work, which is relevant for personal protective equipment being used during the current pandemic, adding: hopefully It is understandable - to own me means that he is the sole, verifiable owner of me “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards Source: Binance One of the biggest flaws in loyalty schemes lies in how siloed they can be Given how this crypto was worth over $14,000 at the time of writing, it’s fair to say that this requirement could shut out a sizable chunk of the community 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 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 Although the recent volumes have been above average, traders should remain skeptical of significant price swings below $3 billion in daily volume, especially considering the past 30 days. Nick Foster, a representative for United States-based mining equipment dealer Kaboomracks, told Cointelegraph that most ETH miners will pick the latter option: Heller added that those using GPU miners “have much more flexibility in what you can mine.” For instance, an Nvidia GeForce GTX 1080 Ti card — a popular choice — can mine more than 15 different currencies, while ASIC units normally support just one currency. Source: CryptoQuant Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. Is this enough? 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 While acknowledging the benefits that stablecoins could bring in the form of “faster, cheaper and more inclusive” global payments, it focused on the legal, regulatory and oversight challenges of this new innovation And I believe that will be revealed in due time. In the short term, traders generally foresee two important support and resistance levels for Bitcoin A game changer in the PoS landscape He said: Other institution-tailored platforms, such as CME’s Bitcoin futures exchange, are nearing record-high volumes and open interest. It’s time to mature: We need compliant decentralized finance Another project from the United States, the Open Music Initiative, uses blockchain technology to identify music rights holders and has already drawn the likes of Soundcloud, Sony, YouTube, Spotify and Netflix as members, showcasing just how impactful the technology can be. 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. In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC Opus uses the InterPlanetary File System, or IPFS, which is a P2P network for file sharing and storage where users of the network also act as servers The Big Four firms and Fortune 500 companies are working with a number of blockchain and crypto companies on ways to combat regulatory uncertainty, interoperability challenges, consensus models and development of the technology In the case of DeFi, we could have one or two trusted anchors that could validate an address and conduct Know Your Customer diligence on the user Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns Ujo, a New York-based company, provides a decentralized database of music ownership where artists can not only upload their works and earn 100% of their sales and tips with no fees but also automatically split payments with collaborators of each project I believe AxieTree will significantly lower the barrier to entry and help make the game more fun. The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec Notably, a Bitmain representative previously told Cointelegraph that the mining hardware giant doesn’t plan to extend Antminer E3’s lifespan to operate after October 2020: “As far as we know, mining will approximately end during October or sometime after this.” Institutional investors won’t save crypto, but they will help it growOPINION The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. 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. Rising hashrate brings all macro factors together Bitcoin exchange reserves since January 2018 An asset is considered to be extremely bought when the RSI rises above 90 Once Ethereum runs fully on the PoS rails, miners will have two options This news also comes as Grayscale has already added thousands of Bitcoin to its holdings in December alone Much like how an avatar allows video game players to inhabit a virtual world with traits and appearances unlike their own, NFTs might eventually become a pathway for meatspace individuals to take on new personas and identities in the Metaverse. Axia: That’s interesting to think about, but I’m really not sure “They make twelve separate arguments for dismissal of the plaintiff's claims Simply put, DeFi projects should guarantee resilience. The six month candle will close today as a G1 14, Grayscale disclosed that its net assets under management (AUM) reached $9.8 billion According to NonFungible.com, NFTs have attracted a trading volume of $9.5 million over the past month During previous bull cycles, it's not uncommon for BTC to see 30% pullbacks, and the recent run is yet to post a major downturn I strongly believe that individuals should be free to choose whether to risk their wealth on untested projects, on volatile investments and on bleeding-edge technologies; we shouldn’t have to rely on governments to tell us where, how much and when to invest Nodes can be deployed in minutes, and flat monthly fees give users peace of mind on pricing. How do Bitcoin ATMs fit into all of this? This is something that the earlier generation of crypto assets — Bitcoin (BTC), etc Rising hashrate brings all macro factors together In particular, the Blockchain is here to change the status quo.” “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 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 They keep BTC on exchanges to make them available to sell I think With Diem, there is also the potential for massive network effects “The Big Four firms immediately understood that the value of blockchain is in the digital transformation of enterprise business processes, rather than in the cryptocurrencies domain.” Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S 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: Despite being around for more than 10 years, the crypto space is still in its infancy; the technology advances so quickly that every year we get to experiment with new concepts, new ideas, new applications and new ways to change the face of the world. Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund managerMARKET ANALYSIS While Bitcoin mining has become almost entirely reliant on ASICs — large, loud machines designed specifically for cryptocurrency mining that are mostly clustered in regions with cheap electricity — Ethereum’s PoW hashing algorithm, called Ethash, has been designed to favor GPU units issued by global chipmakers like Nvidia and AMD Source: Skew Uquid believes that DeFi can help e-commerce businesses grow quickly and reach a broader cross-section of customers around the world Regulators are now working to address these concerns But the rise of these e-commerce platforms has created some new problems, and exacerbated old ones. However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light Brands pretending to be sentient isn’t anything new, but NFTs doing the same could very well be 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. Education as a key factor to raise awareness This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance Tezos is a fourth-generation blockchain platform that utilizes proof-of-stake and facilitates smart contracts and decentralized applications. Previously, Juan was the chief operating officer of Decentral, one of Canada’s most influential blockchain innovation hubs Safe assets are in a worldwide crisis Stablecoins bring additional risk — not least, ensuring they are appropriately backed by whatever asset they are pegged to and that all the necessary controls to manage those reserves are put in place. 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. What does this mean for Bitcoin? This is something that the earlier generation of crypto assets — Bitcoin (BTC), etc 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 Brands pretending to be sentient isn’t anything new, but NFTs doing the same could very well be A substantial part of GPU rig owners seemed to have suffered from loss of profits once ASICs were plugged in, while some were even forced to switch over to different networks The platform uses a Lightning Network node that helps to speed up transactions, all while making them cheaper “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.” The future is looking bright for Ankr 3 key metrics to watch as Bitcoin price tries to top $20,000 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: But, according to Messari researcher Ryan Watkins, reports of Grayscale buying most of the Bitcoin that is newly mined can be inflated One of the biggest flaws in loyalty schemes lies in how siloed they can be 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) Brands pretending to be sentient isn’t anything new, but NFTs doing the same could very well be Even if I am sold, my persona can live on with the next owner. Unlike Binance, it is common for OKEx top traders to hold levels below 1.00, albeit not necessarily indicating bearishness “It will certainly take time for the majority of ETH1 to transition into ETH2 — potentially years not months While streaming platforms have changed the way music is consumed, making it more widely available to the listener, it has also created a whole new level of intermediation between artists and fans. Furthermore, he is concerned in the coming months about exit scams by smaller virtual asset service providers, or VASPs, that that are struggling financially, adding: Bitcoin supply activity However, factors like Bitcoin’s adoption rate and the current macroeconomic situation have a more substantial impact on the underlying long-term BTC price movement than do institutional investors. Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl TradeNEWS Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloomNEWS Source: Skew Providing detailed reports What and why? But this won’t lead to the digital asset industry’s downfall EY’s global blockchain leader, Paul Brody, previously told Cointelegraph that the firm has been working with Microsoft and ConsenSys to develop an open-source blockchain project called Baseline Protocol, which runs on the public Ethereum mainnet As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model “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.” 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 “As you begin to carry out the mandate given to you by the American people to restore trust in the federal government, I would like to highlight several areas where you and your team should immediately reverse the actions of your predecessors,” she wrote. But the rise of these e-commerce platforms has created some new problems, and exacerbated old ones. 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 You may refer to me simply as Axia or #265 On the flip side, a more mature market also means the potential gains from crypto investments will also decrease The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph — Willy Woo (@woonomic) October 6, 2020 A Web3 infrastructure provider has launched a cutting-edge solution for some of the biggest issues and challenges associated with the long-awaited launch of Ethereum 2.0. $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined 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. The six month candle will close today as a G1 Once Ethereum runs fully on the PoS rails, miners will have two options Since their equipment will become obsolete, they will be forced to start mining altcoins, or recertify as ETH stakers This means prior to the May 2020 halving, around 1,800 BTC were mined In one click, these users can stake up to 1,000 ETH — with the firm’s system automatically assigning their crypto to nodes with the best reputation. With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again All of this can help make loyalty programs clearer and more transparent In 2018, Accenture collaborated with Digital Ventures, a fintech subsidiary of Thailand’s Siam Commercial Bank, to launch a distributed ledger technology solution to simplify the way companies buy and sell goods and obtain financing According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets As a result, crypto has become a maturing industry that has a history of providing excellent returns to investors 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. Sponsors are also reportedly granted an invite to Huobi’s annual conference, as well as to other offline events. “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” 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 While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. Whether the buyer demand from institutions and their Time-weighted Average Price (TWAP) algorithms would counter the selling pressure from whales would likely dictate the short-term price cycle of BTC. 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 Watkins explained that Grayscale only bought 31% of newly mined Bitcoin since the May 11 halving: After each block reward halving, the number of Bitcoin miners can mine per day declines by half Standing out from the crowd Providing his insights on the matter, Jefferies stated that part of the reason for the increasing use of BATMs by money launderers, such as in the Kunal Kalra case, is their increasing ubiquity across the U.S For example, when BTC is underpriced, they use this inefficiency to drive it up, and they bring it down when the digital asset is overpriced. The paper highlighted risks to “monetary policy,” “financial stability,” “the international monetary system” and “fair competition.” This may indicate that traders are cautious because BTC is at a crucial price point 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. 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. “Even in spite of the growing availability of privacy coins like Monero and Zcash, criminals continue to use Bitcoin because of the abundance of Bitcoin-to-fiat offramps 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. This time around, the block reward halving was met with relatively low selling pressure. According to the data from Blockchain.com, the Bitcoin blockchain’s hashrate has recovered in recent weeks following the biggest downward difficulty adjustment since 2011. “What's worse is that [Joe Biden's] 1st term may add more than both combined.” Ankr’s new protocol, known as Stkr, offers a workaround by offering Micropools, meaning people with a lower ETH balance can get involved A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level 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? He added: Whenever this premium fades or turns negative, this is an alarming red flag Per a new report released by digital-asset intelligence firm CipherTrace on June 2, the value of ill-gotten funds siphoned through cryptocurrency crimes over the first five months of the year stands at a whopping $1.4 billion, thus making 2020 a potentially active year in regard to cryptocurrency-related thefts, hacks and fraud. 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 Institutional investors consistently invest in Bitcoin He added: Better yet, people should be able to grow financially, regardless of the central bank that governs a specific currency or determines monetary policy. “Providing accounting services for crypto clients and businesses is a good place to start At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake Blockchain-based ecosystem to decentralize banking services globally “Through the use of DLT, we have created a new revenue stream and service for small-to- medium sized enterprises, which is important in order to get global economies moving again.” 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. Therefore, it remains to be seen if this institutional buying could offset the bearish selling by whales and miners in the month ahead In the near term, this could mean that Bitcoin could face weeks of sideways consolidation or a deeper correction, according to Ki There are often discrepancies between exchanges' methodology, so readers should monitor changes instead of absolute figures. There’s just one problem: blockchain is complicated and it takes immense expertise to build one of these networks from the ground up Bitcoin remains too volatile, something clearly highlighted by last month’s price action. Bull run ahead?” In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. 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: The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph The company aims to create a convenient way to bridge global projects with the Asian market. It also includes independent verification of financial records against public blockchain data. He described the following scenario: I would say lots of people are employing a strategy like this.” DEX offers margin trading, anonymity, fast withdrawals and no KYCSPONSORED It’s time to mature: We need compliant decentralized finance Warner announced that they would start creating digital tokens using a public blockchain backed by the creator of CryptoKitties. Choon and eMusic, two other streaming platforms, allow artists to crowdfund projects, creating a new revenue stream while generating a monetary investment in the recording and marketing of a song or a full-length project. 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility of parole for using the darknet to sell fentanyl Although the recent volumes have been above average, traders should remain skeptical of significant price swings below $3 billion in daily volume, especially considering the past 30 days. If whales think the price will go up, they'll withdraw $BTC a lot Audited codebases and third-party certifications 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 Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. “They wield significant power to set prices, which is not great news for retailers or consumers,” the German financial giant wrote. DMEX, which was first launched in June 2019, says that it is now on the fifth interaction of its smart contract infrastructure — adding that zero funds have been lost due to bugs or hacks over this period. Do I want my own resale value to increase? Why of course I am worth more than 180 ETH Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S BTC perpetual futures weekly funding rates 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 Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds Every day, these small businesses face a dilemma And Facebook’s Diem, formerly Libra, is part of that future. 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. MicroStrategy doubling down on its purchase shows that the firm believes $19,000 could be a launchpad for Bitcoin’s next rally. Bitcoin dominance index While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. 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 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. They could even have implications for a country’s monetary policy and, ultimately, economic growth 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. The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. Related: The chance for DeFi to fulfill the technology’s promise Of course, there are 18 other Triple Mystic Axies -- and 3 Quad Mystics, even -- but it is the combination of all those things that make me, Axia, the greatest of all In 2017, we didn’t have many institutional investors in the crypto market Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities sale of its XRP tokens. There’s just one problem: blockchain is complicated and it takes immense expertise to build one of these networks from the ground up All of this was achieved while offering a high degree of familiarity and an experience that isn’t dissimilar to fiat-focused platforms. Compared with the general market, the digital asset industry has been developing at a much faster pace, with multiple reasons behind this phenomenon 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.” Providing detailed reports All fine, range-bound construction further In his view, while it is nearly impossible to predict with any certainty how trends related to cryptocurrency theft and fraud will evolve this year, it is possible that by the time the year comes to a close, the amount of funds netted by criminals may exceed the expectations of the report, betting 2019’s $4.5 billion figure. Larger mining pools for ETH are left with similar options CT: Thanks, your majesty. To mine or not to mine? 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. This article does not contain investment advice or recommendations 2021 BTC futures premium This indicates that traders anticipate large price swings and potentially steep sell-offs to occur. This is not retail I would say lots of people are employing a strategy like this.” This aggressive accumulation trend seen in the Bitcoin market shows that investors anticipate a prolonged post-halving uptrend. The darknet provides an environment that is attractive, lucrative and, for the most part, safe for illegal drug traffickers According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets Big Four firm Deloitte and the World Economic Forum also recently released a report on blockchain interoperability While legendary, I cannot tell the future The Big Four firms play a critical role when it comes to performing audits for crypto and blockchain companies You should conduct your own research when making a decision. In his view, a balanced ecosystem is required, in which Anti-Money Laundering procedures can be democratized and users are given a voice: Although the recent volumes have been above average, traders should remain skeptical of significant price swings below $3 billion in daily volume, especially considering the past 30 days. 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 Copper works with a range of the major crypto exchanges to make trading safer for institutional investors On Nov This was achieved by integrating a pTokens bridge directly into its smart contract Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-Breaker The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. We spend a lot of time building preferred strategic alliances with ecosystem partners Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021. Source: Coinalyze.net Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors. At the time, crypto-focused lawyer Jake Chervinsky said: 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%. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested the $16,200 level roughly a week ago. Diem, formerly known as Libra, is the most high-profile stablecoin Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network 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 A former Barclays investment banker who now serves as an independent blockchain business development professional, Tegan Kline, told Cointelegraph that the Big Four firms in particular have a unique opportunity to dominate accounting in the blockchain space Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. In time, it is hoped that these smart contracts will allow merchants and shoppers to connect without an intermediary — reducing costs for everyone CONNOR BLENKINSOP With Diem, there is also the potential for massive network effects Rewarding fans However, there is still a major difference between these processes Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S A match made in heaven? $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC minedMARKET ANALYSIS 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 Do I want my own resale value to increase? Why of course I am worth more than 180 ETH 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 A decentralized exchange says that users don’t need to complete Know Your Customer checks because of how it’s based on a smart contract. Blockchain-based music streaming platforms are trying to tackle this very problem Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens.