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 Bitcoin's software is quietly eating the financial world Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency Will the rest of the network notice? Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 And Facebook’s Diem, formerly Libra, is part of that future. dollar and the state of the country’s economic debt. 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. The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative “Providing accounting services for crypto clients and businesses is a good place to start Consequently, miners have less incentive to sell large amounts of BTC in the near-term to cover costs Sudden shifts to the negative range indicate a strong willingness to keep short positions open In 2019, Cointelegraph reported several use cases of blockchain applied in the music industry such as the global media giant Warner Music Losing $18,500 = likely $16K tests.” Related: The chance for DeFi to fulfill the technology’s promise Whether the buyer demand from institutions and their Time-weighted Average Price (TWAP) algorithms would counter the selling pressure from whales would likely dictate the short-term price cycle of BTC. He explained: ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history In October 2019, the G-7 issued a working paper on stablecoins The clock is ticking for the regional or national regulators that do not have a similar digital-asset framework in place; they run the risk of their respective financial sectors being left behind Ripple Files Final Motion to Dismiss Class-Action Securities Lawsuit Their machines are often quite expensive, while GPUs are a lot more affordable.” In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. DEC 03, 2020 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 “The benefits will be most visible in large and complex contracts involving multiple calls to other contracts and substantial computation.” I find it quite distasteful that I am the subject of such vanity, but I suppose hoomans could flex amongst themselves on who the owner of the great Axia is, as NFTs enable cryptographically verified, provable ownership She wrote: It’s ridiculous that an individual can spend thousands of dollars on lottery tickets but is not allowed to invest the same amount of money in venture capital projects without having to jump massive regulatory or bureaucratic hurdles. Giving retail a DeFi makeover extends far beyond discount sneakers These are market forces that should be allowed to move freely. While analysts note that it is critical to consider numbers that could potentially amplify the actual figures of the trust, accumulating 31% of mined Bitcoin is still a substantially high number. 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.” Based on my interactions with my creators, they have a strong vision for the world they want to create However, Arslanian begs to differ, mentioning that the Big Four firms are indeed the most important players for the crypto sector 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. So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming 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 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 BTC perpetual futures weekly funding rates From March 2020, the assets under management of the Grayscale Bitcoin Trust rose from $1.577 billion to $3.541 billion 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. This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. Stay tuned 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. If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. The data portrays the unwillingness of many retail investors to sell BTC, noting that: “There have been only 16 days since the beginning of this year, in which the BTC Hodler Net Position Change has been negative.” The regulatory scrutiny surrounding the market is limited, and crypto projects have a different mindset The likes of Amazon, eBay and Shopify have transformed the way we buy everyday items Institutional investors won’t save crypto, but they will help it grow Choon and eMusic, two other streaming platforms, allow artists to crowdfund projects, creating a new revenue stream while generating a monetary investment in the recording and marketing of a song or a full-length project. gold historical chart Scammers have continued to evolve their methodologies As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators 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 “They wield significant power to set prices, which is not great news for retailers or consumers,” the German financial giant wrote. Gold's having its best year since 2010 An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. Marine. DMEX says it has experienced a 10x increase in users since BitMEX introduced obligatory KYC — and as reported by Cointelegraph, Bitcoin balances at the centralized exchange have been decimated in recent months as a result of the public drama. “The benefits will be most visible in large and complex contracts involving multiple calls to other contracts and substantial computation.” Typically, when the price of Bitcoin sees a large correction, it is triggered by the capitulation of overleveraged buyers A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level 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. Regions with a growing interest in blockchain solutions in the industry This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance 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. According to the data from Blockchain.com, the Bitcoin blockchain’s hashrate has recovered in recent weeks following the biggest downward difficulty adjustment since 2011. Unlike Binance, it is common for OKEx top traders to hold levels below 1.00, albeit not necessarily indicating bearishness Axia: First - I am a big believer in value-add efforts 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 Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours DeFining loyalty DEC 03, 2020 Bitcoin supply activity It shows that whales might be leaving BTC on exchanges to sell if the price of Bitcoin rises However, factors like Bitcoin’s adoption rate and the current macroeconomic situation have a more substantial impact on the underlying long-term BTC price movement than do institutional investors. So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming A match made in heaven? ANote Music, a Luxembourg-based startup, announced earlier this week that it will launch a blockchain-based platform that will give artists a new way of accessing capital by allowing users to invest in music royalties The rainy season caused electricity rates to drop, reducing the cost of mining BTC Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours “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.” 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 Consequently, miners have less incentive to sell large amounts of BTC in the near-term to cover costs Regardless, I am excited to carry out several projects I have planned for the benefit of not just the Axie ecosystem, but the crypto and NFT space as a whole. pic.twitter.com/Re4o3PHrel 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. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. He added: Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. XTZ is currently trading for $2.06 each. Safe assets are in a worldwide crisis Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment. And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities Juan holds a Bachelor of Laws from Universidad Iberoamericana and an MBA from the Schulich School of Business. However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago But there are other advantages that can be realized too, eliminating some of the pain points that centralization cannot fix. CT: Thanks, your majesty. But this won’t lead to the digital asset industry’s downfall Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte 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. Bitcoin's software is quietly eating the financial world Since then, PwC has formed “crypto teams” in 20 countries, consisting of 200 people in total that work on crypto-related projects Nevertheless, the Ethereum network is not entirely immune to ASIC miners — at least, in its current state “The benefits will be most visible in large and complex contracts involving multiple calls to other contracts and substantial computation.” ASIC 14, Grayscale disclosed that its net assets under management (AUM) reached $9.8 billion 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 Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot Previously, Juan was the chief operating officer of Decentral, one of Canada’s most influential blockchain innovation hubs Source: Digital Assets Data The aforementioned platform Ujo allows users to sell digital badges that support the artist and act as “collectible” items, which has become one of the most popular applications for nonfungible tokens A blockchain-empowered rights and payments layer could provide the means to do so.” According to her, blockchain technology can help, and already is helping, to solve these issues Arslanian noted that PwC recently published their 2020 Crypto Hedge Fund report, which shows the total assets under management of crypto hedge funds globally increased to over $2 billion in 2019, as compared to $1 billion from the previous year While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied 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.” Last year, KPMG helped Microsoft, Tomia and R3 create a blockchain solution for the telecom industry in preparation for 5G networks. Axia: First - I am a big believer in value-add efforts Ripple Files Final Motion to Dismiss Class-Action Securities LawsuitNEWS BTC has shown little volatility since May, following a critical rejection at $10,440 “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.” 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 The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history $1 invested on 6 Oct 2009 (when BTC was first priced) would be worth $13.9m today. Looking at all exchanges outflow mean(72h MA), whales are no longer withdrawing from exchanges 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 “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.” Want to stake ETH but don’t have $14K? This protocol can helpSPONSORED Currently, it seems as though EY is the only firm interested in public blockchain innovation. 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 AML- and GDPR-compliant systems “Just within the cryptocurrency sector, we’ve conducted over 350 engagements in the last 18 months,” Arslanian said Schiff has toned down his skepticism in recent weeks, focusing on the U.S Ghosh further noted that the firm has seen increasing interest in the use of blockchain in combination with other technologies such as IoT, AI and machine learning However, Kline explained that the Big Four’s core competencies need to be revamped to take advantage of what public blockchains offer, adding: If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge 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 sudden move below the 1.00 long-to-short ratio would be a troubling signal in the above example It’s time to mature: We need compliant decentralized financeOPINION With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again 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 How DeFi can improve the e-commerce sector Realized volatility of Bitcoin hit a yearly low on June 24 Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. 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. Through this portal, students can access basic, intermediate and expert-level courses designed by fintech experts. 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. Related: Corporate disclosure is the only way to get crypto institutionalized 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 Fewer risks and good returns make Bitcoin an attractive alternative investment for institutions 3 key metrics to watch as Bitcoin price tries to top $20,000 Given how this crypto was worth over $14,000 at the time of writing, it’s fair to say that this requirement could shut out a sizable chunk of the community 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 By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. “What's worse is that [Joe Biden's] 1st term may add more than both combined.” These guys aren't going into ripples.” 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 We recently closed the first ever crypto fundraising deal at PwC, in which we led a $14 million series A round for a Swiss-based crypto firm with Asian family offices Second, The $19,500 level is a massive resistance level for BTC OKEx BTC top traders long-to-short ratio The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California And the opposite — that institutions will corrupt the crypto market with their whale-sized investments — is not true either. 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%?” Along with several favorable technical structures and macro indicators, futures data also indicates that the market is not overbought — failed to achieve In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry There are plenty of blockchain projects out there that are not built under minimum acceptable standards, and it’s difficult for every user to go through the codebase and verify that the code is doing what it is meant to do While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. “It is not easy for the average user to deploy an Ethereum 2.0 node,” Ankr said 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 So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming 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: As a result, crypto has become a maturing industry that has a history of providing excellent returns to investors 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. DMEX, which was first launched in June 2019, says that it is now on the fifth interaction of its smart contract infrastructure — adding that zero funds have been lost due to bugs or hacks over this period. Therefore, those traders will be the ones paying up the fees. 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. 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.” OKEx BTC top traders long-to-short ratio Professional traders tend to dominate longer-term futures contracts with set expiry dates. — Jan Nieuwenhuijs (@JanGold_) November 23, 2020 More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges 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: “It is not easy for the average user to deploy an Ethereum 2.0 node,” Ankr said Despite its increasing strength, the U.S Another challenge lies in how ETH will need to be locked up for 18 to 24 months, depriving users of liquidity. I hope that the wider Axie community will shower me with love From Oct In 2018, many newcomers got their first taste of what a crypto winter feels like “We are not a product company, but rather we engage with clients to choose a platform that best suits their specific needs Rising hashrate brings all macro factors together Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors 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 Cointelegraph does not endorse any content or product on this page On the one side, the outgoing administration is rumored to be planning to issue self-hosted wallet regulation, a plan that already has the crypto industry up in arms ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS CT: What are you, and what makes you special? Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? 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 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 But, given that the amount of BTC held by whales did not increase, it suggests the BTC market became less concentrated with new entrants. 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. Axia: My owner appears to be a pitiful hooman… he is always sitting in front of the computer. First, the $18,500 area is critical to ensure that the bullish market structure of BTC holds ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS 14, Grayscale disclosed that its net assets under management (AUM) reached $9.8 billion Waters also is recommending that similar guidance by the OCC that allowed federally chartered banks and federal savings associations to provide cryptocurrency custody services for customers be rescinded. An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. Facebook’s Diem stablecoin is an existential threat to traditional bankingOPINION Dmitry Tokarev is the CEO of Copper, a crypto-asset infrastructure provider, custodian and a prime brokerage “Hardfork or die eth.” He said: Bitcoin “quietly eating the financial world” gold historical chart Is this enough? If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. Waters’ comments in a letter Friday follows weeks after fellow Democratic members of the House Financial Services Committee criticized the OCC’s crypto-related actions during the COVID-19 pandemic. Ripple Files Final Motion to Dismiss Class-Action Securities LawsuitNEWS The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors National Debt Clock. “In the coming years, we expect growth in enterprise blockchain and network-based models that support ‘COVID safe’ supplies, identities and products Meanwhile, Bitcoin is becoming more difficult to trade because of the volatility at the $19,500 resistance level He described the following scenario: These guys aren't going into ripples.” From March to July of that year, BTC rose from around $4,000 to $14,000. This is because historical 30-day data and the current 1.23 figure favor longs. Indeed, Ethereum will move away from mining in the future Furthermore, he is concerned in the coming months about exit scams by smaller virtual asset service providers, or VASPs, that that are struggling financially, adding: We spend a lot of time building preferred strategic alliances with ecosystem partners He seems to be growing more obsessed with me 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 weekly chart (Binance) 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. 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. Before I answer the above questions, let’s look at the main reason that institutions are eyeing crypto Related: Why institutions suddenly give a damn about Bitcoin CONNOR BLENKINSOP Data from CryptoQuant show that Bitcoin futures traders have been using lower leverage as of late Warner announced that they would start creating digital tokens using a public blockchain backed by the creator of CryptoKitties. Looking to the future Want to stake ETH but don’t have $14K? This protocol can help Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 “As you begin to carry out the mandate given to you by the American people to restore trust in the federal government, I would like to highlight several areas where you and your team should immediately reverse the actions of your predecessors,” she wrote. But the rise of these e-commerce platforms has created some new problems, and exacerbated old ones. These are market forces that should be allowed to move freely. The cryptocurrency has weathered criticism from gold bugs as much as ever during 2020’s market volatility, with serial gold bug Peter Schiff among its most vocal naysayers The large mining centers based in Sichuan, China, remain largely profitable 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 First, the $18,500 area is critical to ensure that the bullish market structure of BTC holds Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc If the technology is not auditable, the immense benefits it brings, such as increasing efficiencies and cutting costs, may not be realized.” As Deloitte recently noted, the tried-and-tested approach of securing repeat custom from shoppers needs a drastic rethink — warning that traditional schemes are “tired” and lack personalization Bitcoin weekly chart (Binance) Want to stake ETH but don’t have $14K? This protocol can helpSPONSORED Other institution-tailored platforms, such as CME’s Bitcoin futures exchange, are nearing record-high volumes and open interest. Over the long run, strong macro factors suggest BTC is on track for a firm recovery But they also have the potential to bring huge benefits in the form of speed, efficiency and financial inclusion The idea is that by stabilizing its value, it can be used as a means of payment. The near-term trend of BTC remains uncertain 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 Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund managerMARKET ANALYSIS 15. “Providing accounting services for crypto clients and businesses is a good place to start The report goes on to state that if things continue at the same rate, the total volume of stolen crypto for 2020 has the potential to get close to reaching the $4.5-billion mark set in 2019 An asset is considered to be extremely bought when the RSI rises above 90 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 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. 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? Breaking important resistance levels on low volumes is somehow intriguing “Because ASICs are very specialized machines, when a new generation is released, it’s often a huge technology jump 11, as Cointelegraph reported With that said, taking strong positions in crypto, like what MicroStrategy did recently, provides a buying signal to other institutional investors that will see cryptocurrency as a serious asset class 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? 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. Want to stake ETH but don’t have $14K? This protocol can help 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 And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities A match made in heaven? The most prominent piece of data that supports predictions of a positive trend is the increase in “HODLing” activity among investors. The aforementioned platform Ujo allows users to sell digital badges that support the artist and act as “collectible” items, which has become one of the most popular applications for nonfungible tokens Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. Futures contracts should not trade below spot exchanges 4, Ripple argues that the plaintiffs’ case is contradictory and “self-defeating.” Alongside a reiteration of previous arguments, the company now also claims that, even if XRP were a security, the statute of repose had passed before the lawsuit was brought to court. Cointelegraph reported that Guggenheim Partners, which manages $275 billion in assets, is the latest institution to show interest in Bitcoin. 3 key metrics to watch as Bitcoin price tries to top $20,000 Ghosh further noted that the firm has seen increasing interest in the use of blockchain in combination with other technologies such as IoT, AI and machine learning 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. Cointelegraph: Hi there, Axia This company develops cutting-edge software and blockchain solutions from scratch — helping enterprises make the most out of this technology. 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. 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. OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists. Possibly due to the optimistic medium-term trend of Bitcoin, there was an increase in the number of high-net-worth investors moving funds off exchanges to personal wallets in recent months. Other platforms such as Mediachain, Musiclife, eMusic and others focus on the same royalties issue and use similar technology to provide independent artists with a bigger piece of the pie they are effectively creating Looking ahead, Platinum is developing several projects dedicated to the exchange of stablecoins and is moving toward a partnership with a major Swiss company to establish regulated custody under Switzerland’s laws. Until the next halving in 2024, 900 BTC will be mined per day. Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds 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 But they also have the potential to bring huge benefits in the form of speed, efficiency and financial inclusion Whether the buyer demand from institutions and their Time-weighted Average Price (TWAP) algorithms would counter the selling pressure from whales would likely dictate the short-term price cycle of BTC. Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade DeFi needs real-world adoption, not just disruptive pioneering Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. A six-month price chart of Bitcoin An asset is considered to be extremely bought when the RSI rises above 90 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 Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S When you look to the future of VR, video games, NFTs, what do you see when it comes to human interaction? Typically, overleveraged miners are pressured to sell after halvings as the cost to mine Bitcoin spikes Shultze-Kraft further emphasized that a metric called “HODLer Net Position Change” shows investors accumulated Bitcoin heavily in 2020 Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist “It will certainly take time for the majority of ETH1 to transition into ETH2 — potentially years not months Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs If BTC loses the support and falls below $18,500, technical analysts say that a larger drop could occur Every investment and trading move involves risk 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, a balanced ecosystem is required, in which Anti-Money Laundering procedures can be democratized and users are given a voice: There are plenty of blockchain projects out there that are not built under minimum acceptable standards, and it’s difficult for every user to go through the codebase and verify that the code is doing what it is meant to do Is it enough to make an impact? The enterprise blockchain market is expected to reach $21 billion over the next five years Source: Coinalyze.net 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 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 However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light And more and more often, Bitcoin (BTC) is becoming such a tool. Given that I have no similar prior experience, I would love to be reached out by other influencers from their respective communities who can help me conduct myself legendarily. He said: The future is looking bright for Ankr While legendary, I cannot tell the future The six month candle will close today as a G1 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 “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 While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. 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 Cointelegraph: Hi there, Axia Drugs paid for with cryptocurrencies 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.” The network launched a decentralized finance-focused alliance whose founding members include oracle provider Chainlink and layer-two network Plasm. One of the first places where people can shop using this ecosystem is Uquid’s digital shop, which is home to more than 40,000 digital products including video games, gift cards, subscriptions and mobile top-ups Insurance See, you can't categorize me except #irresponsiblylong Good night all.” With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again 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 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 Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.” 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. 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. 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 Some long-time Bitcoin investors, who had gold positions for prolonged periods, have also started to allocate their capital fully into BTC This means prior to the May 2020 halving, around 1,800 BTC were mined 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 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 CT: What are you, and what makes you special? $1 Bitcoin investment beats gold and stocks despite 2020 gains In particular, the Blockchain is here to change the status quo.” In court documents filed on Dec 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 Currently, the market cap of Bitcoin accounts for 63.83% of the global cryptocurrency market’s valuation. United States national debt hits $27 trillion Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns The world's first social media-managed NFT shares its views and plans with Cointelegraph 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 It was also met with great alarm by the world’s regulatory community, which has since been devising stringent regulations for stablecoins. A blockchain-empowered rights and payments layer could provide the means to do so.” 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. 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 Source: Digital Assets Data Limits and safety margins Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021. Huobi Global looks to become key player in Polkadot ecosystem MORE INSIGHTS FROM DMEX HERE They said: “At the peak of the last rally in February, there were a lot of very clear signs that the market was overleveraged and overbought A technical analyst known as Byzantine General said the funding rate of the perpetual swap contract of BitMEX and open interest show that BTC is not overbought just yet The state of the world economy has pushed institutional investors to look for alternative methods of investment 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 Without an exchange-traded fund, the Grayscale Bitcoin Trust is likely to remain the go-to vehicle for institutional investors. One is to sell the equipment and use that money to accumulate more ETH and start staking, while the other option, which is available exclusively for GPU miners, is to simply switch over to other Ethash networks and mine altcoins Additionally, Accenture and the Digital Dollar Foundation released a Digital Dollar white paper on May 27, which provides key findings on a U.S “In the coming years, we expect growth in enterprise blockchain and network-based models that support ‘COVID safe’ supplies, identities and products Van de Poppe explained: Well-structured stablecoins with appropriate legal, regulatory and governance controls have a valuable role to play in the world economy and could bring the benefits of crypto technology to an entirely new generation of users. The rainy season caused electricity rates to drop, reducing the cost of mining BTC Insurance 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) Source: TradingView.com 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 If BTC loses the support and falls below $18,500, technical analysts say that a larger drop could occur When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. ASIC An asset is considered to be extremely bought when the RSI rises above 90 As previously mentioned, the ratio can differ significantly between exchanges, but this effect can be neutralized by avoiding direct comparisons. Stablecoins that become global success stories bring even more challenges As Deloitte recently noted, the tried-and-tested approach of securing repeat custom from shoppers needs a drastic rethink — warning that traditional schemes are “tired” and lack personalization See, you can't categorize me except #irresponsiblylong Good night all.” 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.” By building guardrails and layered security measures, users are given the option of increasing, or decreasing, their risk tolerance threshold The public fintech and digital asset company is the parent company of the OSL digital asset platform Without an exchange-traded fund, the Grayscale Bitcoin Trust is likely to remain the go-to vehicle for institutional investors. If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge As Cointelegraph reported in August, the suit gained traction this summer when Sostack appealed to SEC guidelines. Our goal should be to increase the number of users — i.e., encourage mass adoption — and attract traditional markets and nontechnical investors Drugs paid for with cryptocurrencies The pandemic has made things worse Treasurys, have been providing minimal yields in recent years Insured projects can capture a wider audience that is willing to take on more market risk and less security risk. Some websites host trading indicators that claim to show the long-to-short ratio for various assets, but in reality, they are simply comparing the volume of the bids and offers stacked. Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years Nick Foster, a representative for United States-based mining equipment dealer Kaboomracks, told Cointelegraph that most ETH miners will pick the latter option: 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. 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? Thus, they are an integral part of the online drugs trade.” dollar that can help provide protection against price volatility. CT: Can I ask what your owner does for a living? Source: Bybt.com “Through the use of DLT, we have created a new revenue stream and service for small-to- medium sized enterprises, which is important in order to get global economies moving again.” Last year, KPMG helped Microsoft, Tomia and R3 create a blockchain solution for the telecom industry in preparation for 5G networks. Therefore, it remains to be seen if this institutional buying could offset the bearish selling by whales and miners in the month ahead ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS Related: Corporate disclosure is the only way to get crypto institutionalized 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 the short term, traders generally foresee two important support and resistance levels for Bitcoin “Because ASICs are very specialized machines, when a new generation is released, it’s often a huge technology jump 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 Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund manager Loads of hodling here.” 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. Source: Binance Related: Why institutions suddenly give a damn about Bitcoin Related: Financial literacy will make the digital asset industry sustainable for the future The alliance is currently accepting applications from developers building on Polkadot Network or Substrate. GPU v In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. The AUM of Grayscale is a decent metric to gauge institutional activity “Hardfork or die eth.” Source: CryptoQuant Furthermore, some nations such as Denmark, Switzerland and Japan use negative interest rates to boost the economy For example, KPMG offers a number of blockchain-based software solutions By building guardrails and layered security measures, users are given the option of increasing, or decreasing, their risk tolerance threshold Realized volatility of Bitcoin hit a yearly low on June 24 Scammers have continued to evolve their methodologies The Big Four firms play a critical role when it comes to performing audits for crypto and blockchain companies Many retailers have their own systems, leaving shoppers with little choice but to individually register to each one 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. 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.” 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. Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. 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 To start with, Bitcoin’s supply that has not moved for over a year has hit an all-time high, standing at 61% From March to July of that year, BTC rose from around $4,000 to $14,000. Big Four firm Deloitte and the World Economic Forum also recently released a report on blockchain interoperability 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. For example, when BTC is underpriced, they use this inefficiency to drive it up, and they bring it down when the digital asset is overpriced. However, OPUS claims that the open-source decentralized music platforms of the future should not just focus on increasing the musicians’ final share in the royalties, but also educate them on applicable aspects of financial literacy. Platinum projects Tezos is a fourth-generation blockchain platform that utilizes proof-of-stake and facilitates smart contracts and decentralized applications. 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw its largest weekly outflow in history. Despite its increasing strength, the U.S Facebook’s Diem stablecoin is an existential threat to traditional bankingOPINION U.S In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to support “developers, event organizers, content creators, and ambassadors” throughout the Polkadot ecosystem. 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 The team behind this decentralized exchange previously operated a large, centralized exchange that specialized in trading Bitcoin — giving them first-hand experience of the improvements that need to be made to centralized platforms in order to provide a stable and secure trading environment. Nodes can be deployed in minutes, and flat monthly fees give users peace of mind on pricing. Perhaps we will see a shake up when it comes to the players included in the Big Four.” Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. The returns are so low for these assets that inflation often eats away the profits and leaves investors with a negative return on investment, or ROI. $1 invested on 6 Oct 2009 (when BTC was first priced) would be worth $13.9m today. Institutions, especially those gaining exposure to BTC through the Grayscale Bitcoin Trust, are likely accumulating BTC with a long-term strategy. 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 The near-term trend of BTC remains uncertain I descended to begin such efforts in the world of Axies. — failed to achieve $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined He explained: It is a pleasure. “I believe the Big Four firms will serve as the bridge between the crypto ecosystem and the institutional world 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: Additionally, Accenture and the Digital Dollar Foundation released a Digital Dollar white paper on May 27, which provides key findings on a U.S Source: Bybt.com Meanwhile, Bitcoin is becoming more difficult to trade because of the volatility at the $19,500 resistance level DEX offers margin trading, anonymity, fast withdrawals and no KYCSPONSORED hopefully 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 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph I would say lots of people are employing a strategy like this.” I’d like to grow the ecosystem together with the support of the community Away from staking, Ankr also offers a dedicated token for making payments, and aspires to make it easier for everyone to build on blockchains and participate in ecosystems. The Delphi upgrade included optimizations to gas computation, including a reduction in the base cost of manager operations from 10,000 to 1,000 gas units, and implementation of new cost models for type checking and IOs. Also, the current technology level allows and encourages businesses in the space to innovate. As Deloitte recently noted, the tried-and-tested approach of securing repeat custom from shoppers needs a drastic rethink — warning that traditional schemes are “tired” and lack personalization