Now, the moves by Waters and the Democratic representatives may bode poorly for the crypto space in the U.S., particularly should the GOP lose the Georgia Senate runoff and thus control of the Senate. The stakes are high, and they are looking into Bitcoin for a very good reason. Polkadot has also just announced it will be launching a “thousand validators” program this month, which will offer support and incentives to individuals seeking to run a Polkadot node in a bid to bolster the number of its validators by 1,000. 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. 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 Blockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists. 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. According to Brody, Baseline Protocol attempts to solve the challenges associated with enterprises using public blockchain networks These regulations are welcome 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 The six month candle will close today as a G1 Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? 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? This means that DeFi projects should step up in terms of security, quality, user responsiveness and regulatory compliance While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations Binance estimated leverage ratio Since its node market launched, the company has expanded to a team of 70 around the world — with offices in San Francisco, Shanghai, Bucharest and Amsterdam A list of items/IP addresses that once they receive an initial validation are granted access to a certain system or protocol This means prior to the May 2020 halving, around 1,800 BTC were mined It is now a matter of when, not if 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: 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 In his view, a balanced ecosystem is required, in which Anti-Money Laundering procedures can be democratized and users are given a voice: Crypto and illegal drug sales 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 Bitcoin exchange reserves since January 2018 If BTC drops, it can cause a cascade of liquidations and an abrupt price fall. We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.” Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios ANALYSIS Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” One of the biggest flaws in loyalty schemes lies in how siloed they can be 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 A six-month price chart of Bitcoin Despite being a widely successful model that boasts a hash rate of 180 megahashes per second and power consumption of 800 Watt, it has received mixed reactions from the Ethereum community 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 Her Majesty's Treasury, the United Kingdom’s treasury department, plans to issue draft regulations for stablecoins and CBDCs soon. Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens. What does this mean for Bitcoin? 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 Arun Ghosh, KPMG’s U.S 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. Second, The $19,500 level is a massive resistance level for BTC Alaa Mohammed Allawi pleaded guilty to the drug charges and acknowledged using the now-defunct online darknet market Alpha Bay to sell a variety of hard drugs, such as oxycodone laced with fentanyl, while accepting payments in cryptocurrencies Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment. They are right to be concerned, as stablecoins — particularly ones such as the rebranded Diem that have the potential for massive network effects — bring new risks to consumers and savers as well as to the global financial system. I hope that my being as an NFT can help bring positive human interactions full of love and harmony. Blockchain to Disrupt Music Industry and Make It Change TuneANALYSIS “They make twelve separate arguments for dismissal of the plaintiff's claims With the retail sector suffering through one of the most challenging times seen in a generation, here are the main issues facing e-commerce right now… and how DeFi could fix them. GPU v All that will change is the consensus mechanism, so DApps and users shouldn’t notice any change.” To overcome the hurdles associated with locking up ETH, Stkr plans to give users a synthetic asset known as aETH on a 1:1 basis — representing their stake There is no set rule or method for predicting large dips as some traders require that multiple indicators turn bearish before they enter short positions or close their long positions. The price of Bitcoin is consolidating around $19,000 as traders brace for a possible pullback. — to lure in unsuspecting individuals The Big Four Are Gearing Up to Become Crypto and Blockchain AuditorsANALYSIS The price of Bitcoin (BTC) has been bouncing in the range between $8,600 and $10,000 for the past two months “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.” Breaking important resistance levels on low volumes is somehow intriguing 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 While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations I hope that my being as an NFT can help bring positive human interactions full of love and harmony. Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc — to lure in unsuspecting individuals Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. 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 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.” On Nov This dampens the volatility and increases the market’s liquidity However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago Announced on Dec When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative As Deloitte’s annual survey revealed, 55% of leaders say this technology is critical to the future of their operations — so much so that it’s in their top five strategic priorities. Bitcoin dominance index Looking to the future CT: Back in Second Life’s heyday, there were real-life marriages that came about as a result of in-game interactions $1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures. 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 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 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: Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. By promoting developer best practices for DeFi protocols, the Polkadot ecosystem can become stronger than ever.” The state of the world economy has pushed institutional investors to look for alternative methods of investment With an attestation framework, projects can verify and comply with existing AML regulatory requirements and attract institutional capital while protecting users’ privacy by not requiring them to create copies of their personally identifiable information. CT: Can I ask what your owner does for a living? gold historical chart Bitcoin hash rate rebounds after huge difficulty drop In 2017, we didn’t have many institutional investors in the crypto market This can be incredibly inefficient, not least because time-starved consumers are likely to forego discounts if it means filling out yet another application form. 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.” 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. However, this may not be the case for two reasons: it puts traders at risk of a steep sell-off at the record high once again as $20,000 remains a high-risk sell wall for the bulls Source: Bybt.com 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 Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc While legendary, I cannot tell the future Stablecoins that become global success stories bring even more challenges 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 Some blockchain platforms are already tackling this issue — and attitudes are beginning to change “It will certainly take time for the majority of ETH1 to transition into ETH2 — potentially years not months 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 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 recent institutional surge’s impact on crypto In time, it is hoped that these smart contracts will allow merchants and shoppers to connect without an intermediary — reducing costs for everyone Standing out from the crowd Education as a key factor to raise awareness According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. Do they do something unique at the social layer? How will NFTs like yourself guide virtual interactions, aside from offering people a gateway to a persona? Other founding members include layer-two technology provider Plasm Network, decentralized insurance market Tidal Finance, and non-custodial automated market maker Polkaswap 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: He said: “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.” 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.” Shultze-Kraft said: And now, they are coming to the industry in great numbers. ETH is also supported as a margin currency along with DAI, a stablecoin that’s pegged on a 1:1 basis with the U.S 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 I would say lots of people are employing a strategy like this.” Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months 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. We spend a lot of time building preferred strategic alliances with ecosystem partners 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. 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. This article does not contain investment advice or recommendations Axia: Thank you for having me, Andrew AxieTree is a lending and borrowing marketplace for Axies Tezos is a fourth-generation blockchain platform that utilizes proof-of-stake and facilitates smart contracts and decentralized applications. Stablecoins that become global success stories bring even more challenges Axia: First - I am a big believer in value-add efforts Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. At the same time, the gold market has seen large outflows in recent weeks 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 Experts believe that a more holistic crypto ecosystem, especially one that is more AML-centric, is needed to help prevent the spread of crypto scams in 2020. How do Bitcoin ATMs fit into all of this? While platforms such as Viberate already feature over 450,000 artists, which is an impressive feat, industry giants are also trying out new blockchain-based incentive models — most noticeably, one of the three major labels in the industry, Warner Music Group CT: How far could you go in helping to expand the wider Axie universe? Can a NFT begin to guide the development of the game that created it? This wasn’t the first time Bitcoin (BTC) crashed, and it won’t be the last. Being able to demonstrate how these technologies achieve their objectives in a well-controlled environment is critical to a successful blockchain strategy Full transparency Is it enough to make an impact? And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities At the same time, the gold market has seen large outflows in recent weeks 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: So, what measures could DeFi projects, and the overall space, adopt to become more competitive and attractive to a wider client base? Let’s start with the basics: According to NonFungible.com, NFTs have attracted a trading volume of $9.5 million over the past month “Because ASICs are very specialized machines, when a new generation is released, it’s often a huge technology jump There is simply no way an imbalance can happen, as every trade requires a buyer (long) and a seller (short). Axies — the cute, digital critters inspired by Pokemon — populate the rapidly growing blockchain-based game Axie Infinity 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 “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.” On Nov ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert Ledger hardware wallets 40% off Therefore significant price changes should be accompanied by robust trading volume. It appears that those working and building in the crypto industry are some of the brightest and passionate hoomans I have ever run across. Stablecoins are an integral part of the future of the financial system The darknet provides an environment that is attractive, lucrative and, for the most part, safe for illegal drug traffickers Largest outflow from gold ever The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months 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 A block reward halving occurs every four years until the fixed supply of Bitcoin at 21 million gets reached. Binance estimated leverage ratio According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets Facebook has 2.7 billion active monthly users, meaning Diem has the potential to become an instant “medium of exchange” in large parts of the world. Structured and regulated appropriately, stablecoins have the potential to bring cryptocurrencies to an entirely new generation of users. GPU v So, what is the current state of ETH mining, and what exactly will happen to the industry as a result of the upcoming transition? From March to July of that year, BTC rose from around $4,000 to $14,000. In what is reportedly Ripple’s last attempt to get the case thrown out before the scheduled hearing date in mid-January, the company reiterates its belief that XRP is not a security Source: Binance Treasurys, have been providing minimal yields in recent years 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. 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 Built on R3’s open-source Corda platform, the solution reduces the need for physical billing in addition to invoice financing time while preventing fraudulent activity All fine, range-bound construction further There is no set rule or method for predicting large dips as some traders require that multiple indicators turn bearish before they enter short positions or close their long positions. It was also met with great alarm by the world’s regulatory community, which has since been devising stringent regulations for stablecoins. 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. Helping build out blockchain systems What and why? AxieTree’s marketplace will reward lenders while helping bring many new players to the Axie ecosystem via borrowing This way, all hosting fees associated with streaming are virtually removed. This means prior to the May 2020 halving, around 1,800 BTC were mined Since it also runs on the Ethash algorithm, its hash rate might experience a significant spike as a result of the potential miner migration caused by the Ethereum 2.0 launch The crypto space is an incredible, albeit risky, learning environment Opus also leverages the Ethereum network as a payment layer 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 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. 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. 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. How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” She wrote: “Retail investors should be wary of any company that uses hyperbolic statements and promises of extraordinary returns to lure them into participating In 2018, many newcomers got their first taste of what a crypto winter feels like ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. 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.” Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years High prices seem to be part of what drew Axia onto Twitter Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.” This means prior to the May 2020 halving, around 1,800 BTC were mined My own existence is indicative of the start of such While it’s too soon to tell, Klein believes that the most adaptive and agile company will outshine others, noting: “Blockchain technology is a black swan event, and from it, the most adaptive and agile will win This company demystifies blockchain development for enterprisesSPONSORED Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? So, their hash rate is much higher, and energy efficiency is better than the previous generation 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 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. According to Brody, Baseline Protocol attempts to solve the challenges associated with enterprises using public blockchain networks Ripple Files Final Motion to Dismiss Class-Action Securities LawsuitNEWS The report brings up a key finding, noting that although blockchains are built for specific industry ecosystems, the technology may work better if all of these were linked together under one framework. 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 Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS Hence, many investors might be expecting the price of BTC to see a prolonged uptrend in the medium term. The Bitcoin hash rate recovering so quickly after the rainy season is an optimistic trend because it suggests that miners are likely expecting the price of BTC to rise in the medium term. The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. GPU v Insurance The future of blockchain in music Bitcoin supply activity Ripple says that XRP is not a security, but even if it were... Even though the crypto sector is still routinely maligned by members of the mainstream media that claim that digital currencies are still, by and large, being used by bad actors for nefarious reasons — such as terrorist financing, drug trade, etc Special agent, Will Glaspy, said: 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: This company demystifies blockchain development for enterprisesSPONSORED 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. 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 Factoring in ‘in-kind’ purchases, Grayscale has only bought 31% of all new Bitcoins mined since the halving, far less than the 150%+ many have reported But DeFi could help remove this friction — creating a world where customers only need a single address to receive reward points from the places they shop Arslanian explained: This indicates that traders anticipate large price swings and potentially steep sell-offs to occur. In court documents filed on Dec Shultze-Kraft said: BTC saw a severe sell-off every time this area was tested in the past week. I believe AxieTree will significantly lower the barrier to entry and help make the game more fun. I hope that my being as an NFT can help bring positive human interactions full of love and harmony. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental FactorsFOLLOW UP He added: Arslanian explained: Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment. Blockchain-based ecosystem to decentralize banking services globally Larger mining pools for ETH are left with similar options DEX offers margin trading, anonymity, fast withdrawals and no KYCSPONSORED The legendary birds, legendary dogs, the Pokemons of Creation -- hoomans in those worlds worked with those legendary beings to create amazing stories This is because historical 30-day data and the current 1.23 figure favor longs. Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment. What will happen to actual Ethereum miners? According to the documentation of the Casper upgrade that is part of the Ethereum 2.0 roadmap, the network will initially support a hybrid model that would involve both PoW and PoS, therefore, leaving some space for both block validators and GPU/ASIC miners This could indicate that whales could sell more BTC in the foreseeable future “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. Audited codebases and third-party certifications A pseudonymous trader known as “CryptoCapo” said that “bears don't want to see price above $19,500,” while bulls do not want the price to go below $18,500. 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. $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined Cointelegraph does not endorse any content or product on this page “From his use of the dark web, to his clandestine manufacturing of counterfeit pills laced with fentanyl, to his drug sales targeting college students, Allawi operated with little concern for the people in our communities.” High prices seem to be part of what drew Axia onto Twitter A list of items/IP addresses that once they receive an initial validation are granted access to a certain system or protocol You may refer to me simply as Axia or #265 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 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. 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 According to a Reuters report from Oct Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S The growing hash rate of the Bitcoin blockchain is another potential catalyst for BTC heading into 2021. The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm Blockchain to Disrupt Music Industry and Make It Change TuneANALYSIS 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 The darknet provides an environment that is attractive, lucrative and, for the most part, safe for illegal drug traffickers I would say lots of people are employing a strategy like this.” CT: Back in Second Life’s heyday, there were real-life marriages that came about as a result of in-game interactions Shultze-Kraft said: The Sponsorship program allows individuals to recommend Polkadot projects for listing in the “Polkadot ecological zone,” a special asset listing section of the Huobi exchange Institutional investors won’t save crypto, but they will help it grow Take notice of how the fixed-calendar futures should usually trade with a 0.5% or higher premium versus regular spot exchanges With institutional investors, crypto looks forward to a brighter future The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California 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. Watkins explained that Grayscale only bought 31% of newly mined Bitcoin since the May 11 halving: military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto. 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 Largest outflow from gold ever The near-term trend of BTC remains uncertain I believe AxieTree will significantly lower the barrier to entry and help make the game more fun. This means prior to the May 2020 halving, around 1,800 BTC were mined The indirect and immediate impact will be in relation to how the supply and perceived value impact the price of tokens on both networks.” While these improved incentives for both artists and fans may help push the use of blockchain in the music industry forward, the industry’s previous mishaps may play the crucial role in driving artists toward new and improved systems. The Sponsorship program allows individuals to recommend Polkadot projects for listing in the “Polkadot ecological zone,” a special asset listing section of the Huobi exchange In this instance, the music industry, which has too often been dominated by gatekeepers, will go under the microscope It also allows projects to limit their losses should a negative event impact them — for example, investment and withdrawal limits. At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake As Foster summarized, he expects ETH miners to hop off the network, while new players — those who didn’t invest in the power infrastructure or the rigs — will be staking ETH According to a Reuters report from Oct 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. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to retest the key $20,000 level and a new all-time high in the near future. $1 invested on 6 Oct 2009 (when BTC was first priced) would be worth $13.9m today. 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. He explained: All of this was achieved while offering a high degree of familiarity and an experience that isn’t dissimilar to fiat-focused platforms. When asked about his company’s post-PoW plans for Ethereum, Heller told Cointelegraph that F2Pool launched a sister company called stake.fish earlier in 2018, following the Ethereum PoS upgrade announcement 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? 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. Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models CT: Thanks, your majesty. 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 Empowering artists Breaking $19,400 = new ATH The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. Underlining the significance of the blockchain’s move from proof-of-work, currently used by the likes of Bitcoin, Ankr explained: “As most DeFi products are Ethereum based, Ethereum 2.0 will change the experience significantly by lowering fees and increasing throughput.” “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. If BTC surpasses $19,500, traders expect a new run-up toward the all-time high that's currently just under $20,000. On Nov The short-term bearish case Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options Raoul Pal, the CEO of Real Vision Group, for example, pointed out that technicals suggest BTC is at risk of seeing a correction Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum Related: Will PayPal’s crypto integration bring crypto to the masses? Experts answer And Facebook’s Diem, formerly Libra, is part of that future. As I’m saying this. We should aim at bringing blockchain and the benefits of DeFi to society AML- and GDPR-compliant systems 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. The recent institutional surge’s impact on crypto Learn more about Platinum Huobi Global looks to become key player in Polkadot ecosystem The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm 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.” In a previous Cointelegraph article chief crypto analyst at Weiss Ratings, Juan M Thus, they are an integral part of the online drugs trade.” Breaking important resistance levels on low volumes is somehow intriguing Watkins explained that Grayscale only bought 31% of newly mined Bitcoin since the May 11 halving: Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? But this won’t lead to the digital asset industry’s downfall 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 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 Arun Ghosh, KPMG’s U.S 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. Shultze-Kraft further emphasized that a metric called “HODLer Net Position Change” shows investors accumulated Bitcoin heavily in 2020 While the advent of the internet — followed by streaming platforms such as Napster, Soundcloud and now Spotify — has changed this to a degree, blockchain technology seems to be the next step when it comes to giving power back to creators and their listeners. Opus also leverages the Ethereum network as a payment layer Huobi Global looks to become key player in Polkadot ecosystem The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities offering of XRP tokens. One of the biggest flaws in loyalty schemes lies in how siloed they can be And the opposite — that institutions will corrupt the crypto market with their whale-sized investments — is not true either. As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators MicroStrategy doubling down on its purchase shows that the firm believes $19,000 could be a launchpad for Bitcoin’s next rally. More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges There are hundreds and thousands of Axies being unused by many players in the Axie Ecosystem By the end, the not-unpleasant notion occurred to me that I might now be friends with an Axie That is the role that cryptocurrencies have played Decentralized finance and shopping seem like an unusual combination at first $1 of Bitcoin purchased even one year ago would have netted its owner $0.31 profit, while gold would have gotten $0.27 Arun Ghosh, KPMG’s U.S It can also help shift the control currently held by third-party intermediaries such as labels and platforms, which have considerable influence over what music gets to be heard by the general public. The rainy season caused electricity rates to drop, reducing the cost of mining BTC Source: CryptoQuant 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 Blockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists. DEX offers margin trading, anonymity, fast withdrawals and no KYC And they can act as a store of value for savers in countries that do not have stable domestic currencies, akin to the dollarization that exists in many emerging-market countries today “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 Funding rates ensure there are no exchange risk imbalances 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. The paper highlighted risks to “monetary policy,” “financial stability,” “the international monetary system” and “fair competition.” They are right to be concerned, as stablecoins — particularly ones such as the rebranded Diem that have the potential for massive network effects — bring new risks to consumers and savers as well as to the global financial system. 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.” A blockchain-empowered rights and payments layer could provide the means to do so.” Data from CryptoQuant show that Bitcoin futures traders have been using lower leverage as of late Simply put, DeFi projects should guarantee resilience. Professional traders tend to dominate longer-term futures contracts with set expiry dates. Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry dollar and the state of the country’s economic debt. 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) 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 Source: CryptoQuant Bitcoin dominance index 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 The six month candle will close today as a G1 Is this enough? Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient Ledger hardware wallets 40% off Once Ethereum runs fully on the PoS rails, miners will have two options She wrote: Ideally, investors will monitor a couple of exchanges simultaneously to avoid eventual anomalies. She wrote: 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 Furthermore, even in the middle of a global economic crisis, Bitcoin’s volatility is at record-low levels Fewer risks and good returns make Bitcoin an attractive alternative investment for institutions However, five major fundamental factors still point toward a prolonged uptrend by 2021. Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models If BTC drops, it can cause a cascade of liquidations and an abrupt price fall. We are also the auditor for BC Group, a publicly listed crypto company in Hong Kong.” Optimistic technical structure 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 Blockchain-based ecosystem to decentralize banking services globally The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. 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. Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte They keep BTC on exchanges to make them available to sell I think 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. In April 2018, Bitmain released the Antminer E3, an ASIC produced specifically for mining Ethereum Some long-time Bitcoin investors, who had gold positions for prolonged periods, have also started to allocate their capital fully into BTC The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history Arslanian explained: Kyle Davies, the co-founder at Three Arrows Capital, one of the largest funds in the cryptocurrency sector, said: Typically, when the price of Bitcoin sees a large correction, it is triggered by the capitulation of overleveraged buyers Blockchain-based ecosystem to decentralize banking services globally Their machines are often quite expensive, while GPUs are a lot more affordable.” 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 patent for a blockchain-based method designed to increase trust in AI data management practices In 2017, Allawi’s drug exploits eventually led to the death of a Marine, who took one of his pills at a party while stationed at Camp Lejeune, North Carolina Unlike other decentralized exchanges, DMEX also says that it allows Bitcoin to be used as a margin currency Nunya Bizniz, a cryptocurrency trader, said that the six-month chart of Bitcoin is set to see a Green 1, or G1, candle under the Tom Demark Sequential Indicator system As for Ethereum’s ecosystem at large, experts reassure that the transition to PoS will be conducted in an uncomplicated fashion, and network participants — casual users and decentralized applications built on top of Ethereum — will hardly notice the change 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. If the technology is not auditable, the immense benefits it brings, such as increasing efficiencies and cutting costs, may not be realized.” Blockchain to Disrupt Music Industry and Make It Change TuneANALYSIS Shultze-Kraft said: 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 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) “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 bullish case for Bitcoin in the near term 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 In April 2018, Bitmain released the Antminer E3, an ASIC produced specifically for mining Ethereum “800 usd only for 180mh” a different Reddit user argued At the same time, the gold market has seen large outflows in recent weeks By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. Crypto and illegal drug sales Blockchain technology, streaming and royalties The Sponsorship program allows individuals to recommend Polkadot projects for listing in the “Polkadot ecological zone,” a special asset listing section of the Huobi exchange Experts believe that a more holistic crypto ecosystem, especially one that is more AML-centric, is needed to help prevent the spread of crypto scams in 2020. Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist Treat further noted that another project with Hyperledger is in the incubation stage, mentioning the company has 160 blockchain patents However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago In March 2020, the price of Bitcoin dropped below $3,600 on several major futures exchanges “If you look at all exchanges inflow mean(144-block MA), it hit over 2 BTC a few hours ago DeFi and shopping may seem like an unlikely combination, but these protocols have the potential to unlock better deals for consumers and merchants alike. “I would say most miners are not really into mining to get ETH or a specific coin Crypto and illegal drug sales Below $18,500, the next major macro support area is the $16,000 to $16,500 range, which BTC tested on Nov Related: Ethereum 2.0 Staking, Explained To overcome the hurdles associated with locking up ETH, Stkr plans to give users a synthetic asset known as aETH on a 1:1 basis — representing their stake 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. 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. 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. 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. Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds This is a call to action. Source: TradingView.com 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. Will the rest of the network notice? Why declining Bitcoin reserves is bullish Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to retest the key $20,000 level and a new all-time high in the near future. Since its node market launched, the company has expanded to a team of 70 around the world — with offices in San Francisco, Shanghai, Bucharest and Amsterdam 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.” MORE INSIGHTS FROM ANKR HERE Not a single one squarely addresses whether XRP is an unregistered security.” 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.” Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months A decentralized anonymous margin trading exchange says it doesn’t require Know Your Customer checks — meaning users can begin trading as soon as they’ve generated a wallet. The AUM of Grayscale is a decent metric to gauge institutional activity 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. The future is looking bright for Ankr 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 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.” The crypto space is an incredible, albeit risky, learning environment But there are other advantages that can be realized too, eliminating some of the pain points that centralization cannot fix. The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. Marc Fresa, the founder of mining firmware company Asic.to, agreed with that sentiment in a conversation with Cointelegraph: “If you’re invested into mining, you don’t want staking since you have the buildout for it.” Ready to serve In a previous Cointelegraph article chief crypto analyst at Weiss Ratings, Juan M Stay tuned Secure but unclear future DeFi needs real-world adoption, not just disruptive pioneering 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. This payment discrepancy is due to many factors, including an artist’s music genre and country of origin Related: Why institutions suddenly give a damn about Bitcoin This was achieved by integrating a pTokens bridge directly into its smart contract Ankr aims to make the deployment of blockchain nodes easy, accessible, affordable and instantaneous — with a decentralized staking infrastructure that’s designed to lower barriers to entry for developers, enterprises and everyday crypto enthusiasts. Giving retail a DeFi makeover extends far beyond discount sneakers Under a section on financial stability, Waters wrote that the Financial Stability Oversight Council and Office of Financial Research should publish their analysis on developments and the existing regulatory framework around digital assets and distributed ledger technology. Monitoring volume is key Bitcoin rally keeps stalling at $19,500 15 to Nov In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. In 2017, Allawi’s drug exploits eventually led to the death of a Marine, who took one of his pills at a party while stationed at Camp Lejeune, North Carolina 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 PwC’s crypto teams are not only focused on tax and accounting challenges, but audit and assurance services are also in demand AxieTree is a lending and borrowing marketplace for Axies 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. DeFi has form when it comes to cutting costs, and already removes middlemen for those who are looking to move their cryptocurrencies from A to B 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.” If BTC loses the support and falls below $18,500, technical analysts say that a larger drop could occur By their very nature, they are designed to be a “store of value,” the most important characteristic of money, and could therefore serve as a means of payment. The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance BTC saw a severe sell-off every time this area was tested in the past week.