Impending authorization from Switzerland’s regulator is the final link in the chain for Facebook to launch Diem as a payment method 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 Source: Digital Assets Data 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) Some long-time Bitcoin investors, who had gold positions for prolonged periods, have also started to allocate their capital fully into BTC A match made in heaven? 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. Gold's having its best year since 2010 This is why global regulators are so concerned. Over the long run, strong macro factors suggest BTC is on track for a firm recovery One variable that can spark a new BTC rally CT: Can I ask what your owner does for a living? MORE INSIGHTS FROM PLATINUM HERE Kyle Davies, the co-founder at Three Arrows Capital, one of the largest funds in the cryptocurrency sector, said: dollar has netted savers just 2.2% year-to-date returns, while oil is the big loser, with WTI crude down by almost 35%. 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. PayPal has now started to roll out its crypto trading service, meaning millions of merchants will soon be able to accept digital assets as a payment method With institutional investors, crypto looks forward to a brighter future So, will blockchain technology help shift control and revenue back into artists’ hands? It seems like progress is already being made, but there is also a lot of room for growth, as artists are drawn to relatively higher earnings In recent years, the research observed a “substantial” increase in the cashflows payable on the grounds of royalty-related contracts in the entertainment and media industries. Let’s start with defining “compliance.” It doesn’t just mean that the project follows Anti-Money Laundering regulations but also that it is up to quality and trust standards 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 The 7-day average hashrate of Bitcoin recovered from 106 million terahash per second (TH/s) to 126 million TH/S between Nov Before moving to Canada, he served as vice president and legal counsel for an oil and gas company based in Mexico City 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. If the technology is not auditable, the immense benefits it brings, such as increasing efficiencies and cutting costs, may not be realized.” The Big Four firms play a critical role when it comes to performing audits for crypto and blockchain companies The future is looking bright for Ankr “Over the last couple of months, we’ve expanded our work With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again 3 Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 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 Futures contracts should not trade below spot exchanges Ripple says that XRP is not a security, but even if it were... While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied Based on my interactions with my creators, they have a strong vision for the world they want to create 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. The company’s ambition doesn’t stop here, either — adding: “We aim to support every new popular chain out there, as we also see many opportunities for DeFi product on other chains than Ethereum, such as Binance Smart Chain, Polkadot and Solana.” This indicates that traders anticipate large price swings and potentially steep sell-offs to occur. It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. However, layer-1 platforms looking to sap developers and projects from Ethereum might be making some false assumptions about network effects. He elaborated: According to her, blockchain technology can help, and already is helping, to solve these issues According to an article published by Forbes, Warner Music has joined an $11.2 million investment in a new blockchain network called Flow, which was created by Dapper Labs These regulations are welcome The company aims to create a convenient way to bridge global projects with the Asian market. 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 Realized volatility of Bitcoin hit a yearly low on June 24 Ready to serve Huobi Global looks to become key player in Polkadot ecosystem Therefore, it remains to be seen if this institutional buying could offset the bearish selling by whales and miners in the month ahead 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 Milne stated: “Similar levels of HODL last seen during a 3-month consolidation at around $400 before starting a two year bull run [...] Guesstimate that this cycle will peak around 70%?” It was the eight-month high since the March great sell-off Others will refer to the leaderboard data, therefore monitoring accounts that did not opt-out from the ranking, but this is not accurate. According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum How DeFi can improve the e-commerce sector Prior to the end of 2017, when BTC/USD began consolidating after reaching all-time highs of $20,000, the differences are much more palpable 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. However, Arslanian begs to differ, mentioning that the Big Four firms are indeed the most important players for the crypto sector 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 “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.” 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 The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors More than 100 organizations and 4,000 individuals now use its services globally, and over 8,000 nodes have now been deployed by customers. When the May 11 block reward halving occurred, analysts anticipated the hashrate of the Bitcoin blockchain network to fall sharply, since the event caused the amount of BTC mined to drop by half, thereby decreasing the revenues of most miners by up to 50% overnight. I have taken form as the first social NFT to share that gospel of Truth. Whenever this premium fades or turns negative, this is an alarming red flag Decentralized finance falls within these new experiments; it holds the promise of exciting new ways of doing finance and investments, often with disastrous consequences. Van de Poppe explained: Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment. GPU v The DeMark system shows the daily chart of Bitcoin is on track for a record 13 consecutive positive candles. What and why? Binance estimated leverage ratio Optimistic technical structure A block reward halving occurs every four years until the fixed supply of Bitcoin at 21 million gets reached. From March 2020, the assets under management of the Grayscale Bitcoin Trust rose from $1.577 billion to $3.541 billion This is because historical 30-day data and the current 1.23 figure favor longs. Second, The $19,500 level is a massive resistance level for BTC Unsurprisingly, professional services giants are among those taking a larger role in tackling new market challenges As a result of the ongoing coronavirus situation, an increasing number of people have started to spend more time in front of their computer and smartphone screens Accenture is also working closely with the WEF on regular blockchain reports Axia: I hope to go as far as I can to expand the wider Axie universe - and most importantly - positively And the less volatile an asset is, the lower the risks are for investors. Bitcoin hash rate rebounds after huge difficulty drop Therefore, those traders will be the ones paying up the fees. Stkr also caters to higher net worth individuals who want to stake large amounts of Ether, but don’t want the responsibility associated with running the nodes themselves 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 is also a business that’s full of optimism for the potential of Web3 — proclaiming on its website that it has the potential to revolutionize how we use the internet, paving the way for a new generation of private, secure, reliable and censorship resistant platforms and apps It’s time to mature: We need compliant decentralized finance 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. A game changer in the PoS landscape Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” More than 100 organizations and 4,000 individuals now use its services globally, and over 8,000 nodes have now been deployed by customers. Bull run ahead?” However, Kline explained that the Big Four’s core competencies need to be revamped to take advantage of what public blockchains offer, adding: This how it's doing against BTC. 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 This way, all hosting fees associated with streaming are virtually removed. Encouraging retailers to work together can also make these schemes more financially viable — and this is important given how Deloitte describes existing initiatives as “risky and expensive.” Just like DeFi can help the world’s 1.7 billion unbanked consumers access financial services, it can also open much-needed doors to the world of e-commerce. DMEX says that it has experienced a substantial uptick in demand following on from the drama concerning BitMEX. People in crypto often think that institutional investors will be the main facilitators of the next Bitcoin boom The Ethereum consensus is currently based on the PoW system, which is similar to that of Bitcoin (BTC) 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. DeFi needs real-world adoption, not just disruptive pioneering Do I want my own resale value to increase? Why of course I am worth more than 180 ETH In the short term, analysts see weakness in BTC and other leading cryptocurrencies due to external variables like the COVID-19 pandemic. They could have profound implications for existing financial systems if consumers and savers seek to hold these currencies as opposed to their own domestic currencies Axia: Thank you for having me, Andrew Axia: My owner appears to be a pitiful hooman… he is always sitting in front of the computer. 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. To start with, Bitcoin’s supply that has not moved for over a year has hit an all-time high, standing at 61% One variable that can spark a new BTC rally U.S Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.” 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.” As a result, crypto has become a maturing industry that has a history of providing excellent returns to investors Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs 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. Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties Our goal should be to increase the number of users — i.e., encourage mass adoption — and attract traditional markets and nontechnical investors The timing of the heightened level of outflows from the gold market is noteworthy because it comes after the entrance of major institutional investors into the Bitcoin market. Brooks was recently nominated to serve a full five-year term by Trump. In times where governments are floating bonds with negative interest rates and turning on the money-printing machine, people need better solutions to keep their wealth Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. U.S 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 Last year, Big Four firm KPMG as well as Forbes Insights conducted a survey to determine how important auditing and blockchain expertise is for finance executives Want to stake ETH but don’t have $14K? This protocol can helpSPONSORED Blockchain-backed projects can also create monetary incentives for music fans, making the whole experience more interactive and rewarding Henri Arslanian, PwC’s global crypto leader, told Cointelegraph that the Big Four firms specifically have a very important role to play in the advancement of the cryptocurrency ecosystem, saying: The crypto space is an incredible, albeit risky, learning environment In 2018, many newcomers got their first taste of what a crypto winter feels like 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. dollar-backed stablecoin Sponsors are required to have significant vested interest in the success of Polkadot in order to apply Every investment and trading move involves risk, and readers should conduct their own research when making a decision. 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. It is now a matter of when, not if MORE INSIGHTS FROM ANKR HERE Arslanian noted that when he first joined PwC three years ago, not many people took crypto seriously 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 They keep BTC on exchanges to make them available to sell I think “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 Related: Corporate disclosure is the only way to get crypto institutionalized How can liquidity pools help you save money at the till? But scratch a little deeper and some compelling use cases for DeFi emerge Let’s start with defining “compliance.” It doesn’t just mean that the project follows Anti-Money Laundering regulations but also that it is up to quality and trust standards Breaking $19,400 = new ATH The near-term trend of BTC remains uncertain The Big Four Are Gearing Up to Become Crypto and Blockchain AuditorsANALYSIS National Debt Clock. “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.” CT: Any people/creatures/things you look to as inspiration? What made you make the decision to “descend” in the first place? XTZ is currently trading for $2.06 each. The enterprise blockchain market is expected to reach $21 billion over the next five years DeFi needs real-world adoption, not just disruptive pioneering “I’d personally like to avoid these types of situations in the future, which means providing an easy way for others to license and collaborate with my music Along with several favorable technical structures and macro indicators, futures data also indicates that the market is not overbought Tezos upgrade reduces smart contract fees by 75% to attract DeFi NEWS According to data from Digiconomist, the cryptocurrency’s annualized total footprint is 59.31 terawatts per hour, which is comparable to the power consumption of the entire country of Greece Stablecoins that become global success stories bring even more challenges Source: Binance 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 While the skewed distribution is unlikely to be fully addressable, improving conditions for emerging artists can make a huge difference and result in a more diverse market 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 According to a Reuters report from Oct Juan holds a Bachelor of Laws from Universidad Iberoamericana and an MBA from the Schulich School of Business. 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. The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history 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. The indirect and immediate impact will be in relation to how the supply and perceived value impact the price of tokens on both networks.” Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios ANALYSIS Concerts and merchandise are also known to represent a large portion of revenue, but blockchain technology now provides new ways to explore this even further. 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. As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators It’s also potentially far more interesting from the perspective of play and assumed personas as virtual reality inches closer towards widespread adoption. CryptoQuant CEO Ki Young Ju told Cointelegraph explained that whale inflows hit an eight-month high when BTC got close to $20,000 In March 2020, the price of Bitcoin dropped below $3,600 on several major futures exchanges Binance BTC top traders long-to-short ratio Losing $18,500 = likely $16K tests.” Ready to serve Bitcoin's software is quietly eating the financial world On May 21, Baseline Protocol published a demo highlighting the ability for multiple companies to digitally manage purchase orders and volume discount agreements across disparate systems on Ethereum However, that’s not exactly the case here My own existence is indicative of the start of such “Your appointed officials at the Office of the Comptroller of the Currency (OCC) must also not assume, as their predecessors have, that a law Congress passed over 150 years ago somehow gives, them authority to provide a national bank charter to non-bank fintech or payment companies,” she wrote. blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year. However, data from Blockchain.com shows that the hashrate of Bitcoin has recovered close to pre-halving levels Will the rest of the network notice? “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.” According to its 30-day data, numbers below 0.75 should be considered worrisome. Villaverde noted that when more of the Big Four firms start leveraging the power of public blockchains, there will be more of an impact in terms of public adoption Do I want my own resale value to increase? Why of course I am worth more than 180 ETH Axia: I don’t ever see myself marrying a hooman, but I think the world between hoomans and NFTs will definitely bridge 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. “Just within the cryptocurrency sector, we’ve conducted over 350 engagements in the last 18 months,” Arslanian said Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? Since miners have been mining 900 BTC daily after the May 11 halving, 900 BTC times 30 days equals 27,000 BTC. Stkr also caters to higher net worth individuals who want to stake large amounts of Ether, but don’t want the responsibility associated with running the nodes themselves By acquiring substantial amounts of BTC, MicroStrategy believes firmly that this move won’t have adverse effects on its share price or corporate social responsibility. How DeFi can improve the e-commerce sector 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 If a private business — no matter how large — had taken the same position in crypto, it wouldn’t be a major news story like MicroStrategy’s. 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 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 Moreover, 44% hasn’t moved in 2+ years (approaching ATH), and almost 30% hasn’t moved in 3+ years “No one goes gold -> $BTC -> alts This year has seen big high net worth inflows from USD or gold to BTC While Big Four firms are able to shed light on auditing for crypto companies, each of them are also working on building blockchain systems 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 Therefore, those traders will be the ones paying up the fees. In the short term, traders generally foresee two important support and resistance levels for Bitcoin If Waters and the three Democratic sponsors of the bill – Rashida Tlaib (D-Mich.), Jesús “Chuy” García (D-Ill.) and Stephen Lynch (D-Mass.) – are indeed intent on rolling back the OCC’s pro-crypto guidance as a way to undo what they perceive as Trump’s legacy, an assertion earlier Friday by Brooks that “we’re very focused on not killing (crypto innovation)” may prove hollow. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history Commenting on the issue of how companies can best limit the spread of crypto-related scams, Aleksander stated that despite most social media platforms and messengers attempting to come down more seriously and limit such nefarious schemes, there are still many challenges that have yet to be tackled successfully These are volumes, the futures premium, and top traders' positions at major exchanges. The right to choose is the right way If BTC drops, it can cause a cascade of liquidations and an abrupt price fall. Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music IndustryNEWS At the start of October, the derivatives exchange was charged with operating an unregistered trading platform and violating anti-money laundering regulations. Other institution-tailored platforms, such as CME’s Bitcoin futures exchange, are nearing record-high volumes and open interest. 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 class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple On Nov 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 funding rate might bring some distortions as it's the preferred instrument of retail traders and, as a result, is impacted by excessive leverage I suppose that in a sense, NFTs such as myself can serve as a status symbol How DeFi can improve the e-commerce sector Platinum’s founders, Anton Dzyatkovskii and Dan Khomenko, say the company has an extensive team of engineers on hand to develop projects of all sizes — with a collective skillset that stretches across DevOps, mobile app development, software testing, quality assurance, blockchain and enterprise software development, and DeFi What this means is that DApps and users will not be directly impacted until they manually switch networks Axia: Thank you for having me, Andrew 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 $20,000 resistances. I hope that the wider Axie community will shower me with love All of this was achieved while offering a high degree of familiarity and an experience that isn’t dissimilar to fiat-focused platforms. Elsewhere, Platinum became partners in the SpaceSwap project back in late September — and was tasked with developing a secure, reliable smart contract for the platform. Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl TradeNEWS GPUs are much cheaper and more accessible than ASICs, as Thomas Heller, the global business director of cryptocurrency mining pool F2Pool, explained in a conversation with Cointelegraph: A block reward halving occurs every four years until the fixed supply of Bitcoin at 21 million gets reached. Last year, the two organizations conducted a global study that found more than 64% of blockchain initiatives were being funded by IT or research budgets The Inmusik platform has a similar system that rewards users with Sound Coins ($OUND) to curate artist rankings. What and why? While legendary, I cannot tell the future Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.” Brick-and-mortar retail is on the decline, and retailers are getting innovative as they compete for attention in a crowded marketplace Lastly, CipherTrace officials claim that of the $1.36 billion in crypto stolen so far this year, 98% of the total value — nearly $1.3 billion — can be attributed to fraud and misappropriation rather than to hacks and direct thefts. The launch of Ethereum 2.0 has challenges — but this Web3 specialist has launched a new protocol that will allow people with less than 32 ETH to get involved in staking. Users who select BTC as a margin currency are given a deposit address, and all funds sent to it are tokenized and deposited to DMEX Brick-and-mortar retail is on the decline, and retailers are getting innovative as they compete for attention in a crowded marketplace 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.” Why declining Bitcoin reserves is bullish However, Bitcoin might not be as bad for the environment as it seems thanks to a July 2019 report that estimated 74% of Bitcoin mining is done using renewable sources of energy. 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 Ghosh mentioned that this is an important development for KPMG, as it demonstrates how critical the convergence of AI and blockchain is to enable trusted artificial intelligence Tezos upgrade reduces smart contract fees by 75% to attract DeFi At the same time, the gold market has seen large outflows in recent weeks Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.” 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 The six month candle will close today as a G1 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 MORE INSIGHTS FROM ANKR HERE Breaking important resistance levels on low volumes is somehow intriguing At the same time, the gold market has seen large outflows in recent weeks 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 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. How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” This is a net positive for the Ethereum ecosystem.” All fine, range-bound construction further Also, the current technology level allows and encourages businesses in the space to innovate. 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 “In the coming years, we expect growth in enterprise blockchain and network-based models that support ‘COVID safe’ supplies, identities and products Tezos is a fourth-generation blockchain platform that utilizes proof-of-stake and facilitates smart contracts and decentralized applications. Concerts and merchandise are also known to represent a large portion of revenue, but blockchain technology now provides new ways to explore this even further. At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake Every investment and trading move involves risk, and readers should conduct their own research when making a decision. I descended to begin such efforts in the world of Axies. “First, the obvious one: 61% (!) of Bitcoin supply that hasn’t moved in over a year — that’s an all-time high Bitcoin's software is quietly eating the financial world Such is the power of Facebook’s network effect. We spend a lot of time building preferred strategic alliances with ecosystem partners 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.” Not only do I wish to spread the word of my legendaryness, I do genuinely hope to be a positive force in the crypto ecosystem. Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds It was also met with great alarm by the world’s regulatory community, which has since been devising stringent regulations for stablecoins. 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. Blockchain-based ecosystem to decentralize banking services globally By acquiring substantial amounts of BTC, MicroStrategy believes firmly that this move won’t have adverse effects on its share price or corporate social responsibility. But at the moment we don’t really have that.” In the short term, traders generally foresee two important support and resistance levels for Bitcoin BTC has shown little volatility since May, following a critical rejection at $10,440 If Waters and the three Democratic sponsors of the bill – Rashida Tlaib (D-Mich.), Jesús “Chuy” García (D-Ill.) and Stephen Lynch (D-Mass.) – are indeed intent on rolling back the OCC’s pro-crypto guidance as a way to undo what they perceive as Trump’s legacy, an assertion earlier Friday by Brooks that “we’re very focused on not killing (crypto innovation)” may prove hollow. Bitcoin supply activity A six-month price chart of Bitcoin Bitcoin rally keeps stalling at $19,500 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 Providing detailed reports 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. This article does not contain investment advice or recommendations “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. This implies that the focus is on technology, rather than aligning business opportunities. 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. Stablecoins are an entirely different kettle of fish Shultze-Kraft further emphasized that a metric called “HODLer Net Position Change” shows investors accumulated Bitcoin heavily in 2020 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 Moreover, professional services providers have released a number of detailed reports on blockchain and digital assets The Ethereum consensus is currently based on the PoW system, which is similar to that of Bitcoin (BTC) Better yet, people should be able to grow financially, regardless of the central bank that governs a specific currency or determines monetary policy. The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. I’ve come to enjoy reading about hooman history upon my creation, and I fully expect my descension into this realm to bring about h8ers as well as supporters MORE INSIGHTS FROM PLATINUM HERE dollar that can help provide protection against price volatility. Bitcoin remains too volatile, something clearly highlighted by last month’s price action. In time, it’s hoped that the “Q” DeFi Rating will be regarded as a better alternative to other data sites such as DeFi Pulse. Uquid believes that DeFi can help e-commerce businesses grow quickly and reach a broader cross-section of customers around the world 14, Grayscale disclosed that its net assets under management (AUM) reached $9.8 billion Want to stake ETH but don’t have $14K? This protocol can helpSPONSORED Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you In the same period, Bitcoin miners mined around 27,000 BTC, equivalent to around $437.4 million Blockchain is one of the biggest buzzwords in business right now Axia: I don’t ever see myself marrying a hooman, but I think the world between hoomans and NFTs will definitely bridge 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 team is actively developing 168pools.com, which delivers detailed information about liquidity pools, coins and protocols offered by the world’s biggest DeFi platforms In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. In the near term, this could mean that Bitcoin could face weeks of sideways consolidation or a deeper correction, according to Ki This news also comes as Grayscale has already added thousands of Bitcoin to its holdings in December alone Connor Blenkinsop Villaverde noted that when more of the Big Four firms start leveraging the power of public blockchains, there will be more of an impact in terms of public adoption The indirect and immediate impact will be in relation to how the supply and perceived value impact the price of tokens on both networks.” I descended to begin such efforts in the world of Axies. By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level. Facebook’s Diem stablecoin is an existential threat to traditional bankingOPINION 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 To get a handle on this, Cointelegraph conducted a written interview with Axia (who told me that acceptable pronouns include “he/she/majesty/highness”), which has been edited for concision and readability, to get a better sense of where NFTs and ones like her highness are headed In her letter, Waters (D-Calif.) called on Biden to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers. ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoSANALYSIS Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency He told Cointelegraph that as per his company’s own research and analysis, the volume of crypto funds stolen within the first quarter of 2020 may actually be closer to the $2 billion mark, highlighting: 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 Executives say the firm’s technology, and in-depth knowledge and experience of staking, means they are well-suited to help the public make the most of the opportunities that PoS provides. Delphi was proposed on Sept Full transparency KPMG United States blockchain audit leader, Erich Braun, further told Cointelegraph that an organization’s blockchain system should be developed with the intent to meet both operational and accounting needs to comply with accounting standards and other regulatory requirements: The performance of BTC over the next several weeks could hint at its price trend throughout the year’s end. Madden further noted that it’s complex for a digital asset firm to undergo an audit, mentioning that it specifically involves valuation methodology and proof of control, covering both cash and digital assets 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. It has been discussed since Facebook first announced its intentions back in 2019 In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake The most prominent piece of data that supports predictions of a positive trend is the increase in “HODLing” activity among investors. Raoul Pal, the CEO of Real Vision Group, for example, pointed out that technicals suggest BTC is at risk of seeing a correction 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.” Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours And more and more often, Bitcoin (BTC) is becoming such a tool. Experienced traders know that there are key indicators that serve as telling signs of a trend reversal This indicates that traders anticipate large price swings and potentially steep sell-offs to occur. Data from CryptoQuant show that Bitcoin futures traders have been using lower leverage as of late 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. Further elaborating on the subject, Jefferies stated that the largest contributor to this year’s crypto crime total has been Wotoken’s alleged billion-dollar Ponzi scheme that emerged from China 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. Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot The Asian giant is the one that stands out the most, as its royalty payments quadrupled between 2016 and 2017. The advantage here is twofold: The user only shows private documents to one or two entities, thus reducing the surface area of attack for any potential data hacks, and the VASPs can have access to a larger user pool without having to increase compliance costs Why are regulators and central banks so concerned about stablecoins? And is there a role for them? Oracle network Chainlink is among the alliance’s founding members Through this portal, students can access basic, intermediate and expert-level courses designed by fintech experts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple In this ecosystem, automated shopping making brings together pools of goods created by many suppliers 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. According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum Crucially, users continue to hold full custody of their Bitcoin at all times. He said: Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade 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. In February, KPMG announced a new U.S Monitoring volume is key Want to stake ETH but don’t have $14K? This protocol can help Decentralized finance and shopping seem like an unusual combination at first On the flip side, a more mature market also means the potential gains from crypto investments will also decrease The numbers would appear to speak for themselves Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties 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. By acquiring substantial amounts of BTC, MicroStrategy believes firmly that this move won’t have adverse effects on its share price or corporate social responsibility. AxieTree is a lending and borrowing marketplace for Axies I’ve come to enjoy reading about hooman history upon my creation, and I fully expect my descension into this realm to bring about h8ers as well as supporters Additionally, the Web3 Foundation announced the launch of the “Thousand Validators Programme,” which will provide education, support, and funding aimed at increasing the number of network validators for the platform. This is already being seen as there is increasing intersectionality with other technologies like IoT, AI and Machine Learning.” Copper works with a range of the major crypto exchanges to make trading safer for institutional investors The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec 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. It demonstrates the lack of appetite to sell BTC at the current price level Huobi’s investments follow a pair of similar announcements from Polkadot on Thursday I understand hoomans throughout history have often worshipped higher beings, but I don’t require such honorifics 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 “Providing accounting services for crypto clients and businesses is a good place to start With Diem, there is also the potential for massive network effects It also allows users to tip their favorite artists directly By the end, the not-unpleasant notion occurred to me that I might now be friends with an Axie 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 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: The report also highlights global best practices seen in the crypto hedge fund ecosystem, serving as a source of knowledge for institutional investors interested in cryptocurrencies. More than 100 organizations and 4,000 individuals now use its services globally, and over 8,000 nodes have now been deployed by customers. Tezos is a fourth-generation blockchain platform that utilizes proof-of-stake and facilitates smart contracts and decentralized applications. The Bitcoin hash rate recovering so quickly after the rainy season is an optimistic trend because it suggests that miners are likely expecting the price of BTC to rise in the medium term. 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%. Better yet, people should be able to grow financially, regardless of the central bank that governs a specific currency or determines monetary policy. This way, all hosting fees associated with streaming are virtually removed. According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. PayPal has now started to roll out its crypto trading service, meaning millions of merchants will soon be able to accept digital assets as a payment method This implies that the focus is on technology, rather than aligning business opportunities. We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.” 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 Secure but unclear future Drugs paid for with cryptocurrencies 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. 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 “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. The timing of the heightened level of outflows from the gold market is noteworthy because it comes after the entrance of major institutional investors into the Bitcoin market. But, in the near term, on-chain analysts say that BTC could be braced for a deeper drop. He explained: 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. 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 Safe assets are in a worldwide crisis Ghosh mentioned that this is an important development for KPMG, as it demonstrates how critical the convergence of AI and blockchain is to enable trusted artificial intelligence The right to choose is the right way 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 Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? But there are other advantages that can be realized too, eliminating some of the pain points that centralization cannot fix. Scheduled to launch later in 2020, Ethereum 2.0 is a major network upgrade on the blockchain that is designed to shift its current PoW consensus algorithm to PoS where miners are virtual and referred to as “block validators.” Professional traders tend to dominate longer-term futures contracts with set expiry dates. However, there is still a major difference between these processes The company has also sought to inform the masses about this technology’s potential through the University of Blockchain and Investing — one of the first educational platforms to take an academic approach to teaching blockchain The Asian giant is the one that stands out the most, as its royalty payments quadrupled between 2016 and 2017. 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. We should aim at bringing blockchain and the benefits of DeFi to society Stkr also caters to higher net worth individuals who want to stake large amounts of Ether, but don’t want the responsibility associated with running the nodes themselves The large mining centers based in Sichuan, China, remain largely profitable Some Ethereum users went on to suggest that Bitmain’s mining device can lead to greater centralization and thereby increase the chance of a 51% attack dollar that can help provide protection against price volatility. 15. blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year. “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.” It also comes days after those same members introduced a bill that would require stablecoin issuers to seek bank charters and secure regulatory approval to issue tokens. As a result, the futures market has been showing uncertainty from traders in the past several days Related: Ethereum 2.0 Staking, Explained This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance Based on my interactions with my creators, they have a strong vision for the world they want to create 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 According to a March paper co-authored by Kristy-Leigh Minehan, a co-creator of the ProgPoW, around 40% of Ethereum’s hash rate is generated by Bitmain ASICs 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. 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. Let’s start with defining “compliance.” It doesn’t just mean that the project follows Anti-Money Laundering regulations but also that it is up to quality and trust standards Its report said that customers now expect rewards that are tailored around their personal tastes, and younger shoppers want their favorite brands to use technology that delivers a frictionless experience. I hope that the wider Axie community will shower me with love 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. The firm is a mere $200 million away from reaching $10 billion in AUM. 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 See, you can't categorize me except #irresponsiblylong Good night all.” After each block reward halving, the number of Bitcoin miners can mine per day declines by half Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 Blockchain to Disrupt Music Industry and Make It Change Tune This is why global regulators are so concerned. “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 CT: How do you see your role? There have been many branded social channels for companies in the past, but you might be the first-ever branded NFT This is a call to action. Madden elaborated on the importance of audits, saying: Dmitry has led finance, asset management and cryptocurrency businesses for years Axia: First - I am a big believer in value-add efforts In this light, Waters’ action is bound to be seen as part of a coordinated effort to impose more severe regulatory oversight on stablecoins, if not all cryptocurrencies, as a way to undo what she termed the harms of President Donald Trump’s administration. This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. Bitcoin hash rate 7-day average 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 Old guards constantly warn newcomers: “Take it slow, learn the basics and stack sats.” Wealth, in this space, can appear and disappear in an instant. 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. The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec The future of blockchain in music Schiff has toned down his skepticism in recent weeks, focusing on the U.S Axia: My owner appears to be a pitiful hooman… he is always sitting in front of the computer. OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists. Shultze-Kraft further emphasized that a metric called “HODLer Net Position Change” shows investors accumulated Bitcoin heavily in 2020 If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. As Cointelegraph reported earlier this week, the Grayscale Bitcoin Trust bought 55,000 BTC in November, or double the amount of the total BTC mined that month This is a call to action. Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? 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 That’s the power of NFTs Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. Breaking important resistance levels on low volumes is somehow intriguing Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS Treasurys, have been providing minimal yields in recent years How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” Below $18,500, the next major macro support area is the $16,000 to $16,500 range, which BTC tested on Nov 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 Thus, they are an integral part of the online drugs trade.” If BTC drops, it can cause a cascade of liquidations and an abrupt price fall. Bitcoin hash rate rebounds after huge difficulty drop