15. 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 Looking at all exchanges outflow mean(72h MA), whales are no longer withdrawing from exchanges 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.” Insurance Schiff has toned down his skepticism in recent weeks, focusing on the U.S Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? 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 A striking aspect of CipherTrace’s above-mentioned report involves the “exponential” rise of funds being sent to high-risk exchanges from United States-based Bitcoin ATMs rather than lower-risk entities such as established crypto exchanges 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 Stkr also caters to higher net worth individuals who want to stake large amounts of Ether, but don’t want the responsibility associated with running the nodes themselves 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.” Rising hashrate brings all macro factors together However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago From March 2020, the assets under management of the Grayscale Bitcoin Trust rose from $1.577 billion to $3.541 billion Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice. The calls for a Bitcoin correction have been increasing, even from several permabulls blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year. I hope that the wider Axie community will shower me with love DMEX says it is able to operate without KYC because of how it runs on a smart contract, and positions itself as a compelling alternative to BitMEX. “The fact that whales don't withdraw means that $BTC is available for selling 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. In the short term, traders generally foresee two important support and resistance levels for Bitcoin Making ETH staking easier DMEX says it is able to operate without KYC because of how it runs on a smart contract, and positions itself as a compelling alternative to BitMEX. Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. Deutsche Bank has also warned that cash’s days are numbered, and criticized the likes of Visa and Mastercard in a recent report The most prominent piece of data that supports predictions of a positive trend is the increase in “HODLing” activity among investors. 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. More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs Accenture is also working closely with the WEF on regular blockchain reports MORE INSIGHTS FROM DMEX HERE With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again Providing detailed reports dollar and the state of the country’s economic debt. 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 Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years 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. It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. Unlike Binance, it is common for OKEx top traders to hold levels below 1.00, albeit not necessarily indicating bearishness Unsurprisingly, professional services giants are among those taking a larger role in tackling new market challenges “800 usd only for 180mh” a different Reddit user argued ASIC Typically, when the price of Bitcoin sees a large correction, it is triggered by the capitulation of overleveraged buyers Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns Engineers at Platinum have also developed a new formula that allows people to analyze crypto lending rates, the top DeFi protocols in terms of market cap and total value locked, and the success of Ethereum-based projects United States national debt hits $27 trillion Insurance Looking at Axia, this reporter felt an odd sense of prescience — that Axia, the first anthropomorphized bit of non-fungible blockchain data, was not one-off, and instead augured a wider, likely looney, trend. 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? This was achieved by integrating a pTokens bridge directly into its smart contract CT: What are you, and what makes you special? But, given that the amount of BTC held by whales did not increase, it suggests the BTC market became less concentrated with new entrants. Compared with the general market, the digital asset industry has been developing at a much faster pace, with multiple reasons behind this phenomenon $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC minedMARKET ANALYSIS Per a new report released by digital-asset intelligence firm CipherTrace on June 2, the value of ill-gotten funds siphoned through cryptocurrency crimes over the first five months of the year stands at a whopping $1.4 billion, thus making 2020 a potentially active year in regard to cryptocurrency-related thefts, hacks and fraud. OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists. 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 Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you In recent years, the research observed a “substantial” increase in the cashflows payable on the grounds of royalty-related contracts in the entertainment and media industries. Arslanian explained: The platform uses a Lightning Network node that helps to speed up transactions, all while making them cheaper DeFi needs real-world adoption, not just disruptive pioneering However, this doesn’t mean that traditional instruments are failing investors Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns Want to stake ETH but don’t have $14K? This protocol can helpSPONSORED I hope that my being as an NFT can help bring positive human interactions full of love and harmony. At the start of October, the derivatives exchange was charged with operating an unregistered trading platform and violating anti-money laundering regulations. The public company first announced its purchase of $250 million worth of BTC on Aug First, Bitcoin could see a more sustained uptrend that has emerged since September AxieTree is a lending and borrowing marketplace for Axies More recently, Accenture collaborated with Fujitsu on an open-source software development kit called Hyperledger Cactus, which is designed to solve blockchain interoperability challenges Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist Standing out from the crowd “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. “Cryptocurrencies have fundamentally transformed the way illegal drugs are bought and sold, shifting much of the activity from a cash-based, physical ‘on the street’ market to an online marketplace.The online illegal drugs trade needed two fundamental things to take off DeFi and shopping may seem like an unlikely combination, but these protocols have the potential to unlock better deals for consumers and merchants alike. This dampens the volatility and increases the market’s liquidity But, in the near term, on-chain analysts say that BTC could be braced for a deeper drop. This system allows the artist to retain almost all of the payments made by premium users or ad revenue generated by freemium users, which, according to Opus, is where the majority of revenue comes from — as high as 90%. Bitcoin remains too volatile, something clearly highlighted by last month’s price action. These guys aren't going into ripples.” Looking at Axia, this reporter felt an odd sense of prescience — that Axia, the first anthropomorphized bit of non-fungible blockchain data, was not one-off, and instead augured a wider, likely looney, trend. The Bitcoin HODL Wave and BTC price correlation Until the next halving in 2024, 900 BTC will be mined per day. Related: On the Darknet Side: The Role of Crypto as a Means of Exchange The program draws on the same program that was launched on Polkadot’s sister network and parachain Kusama in February Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient Therefore significant price changes should be accompanied by robust trading volume. 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. “First, the obvious one: 61% (!) of Bitcoin supply that hasn’t moved in over a year — that’s an all-time high pic.twitter.com/Re4o3PHrel 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.” Furthermore, even in the middle of a global economic crisis, Bitcoin’s volatility is at record-low levels 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 Such a situation, also known as backwardation, indicates strong bearishness. Raoul Pal, the CEO of Real Vision Group, said: Other founding members include layer-two technology provider Plasm Network, decentralized insurance market Tidal Finance, and non-custodial automated market maker Polkaswap 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? This company demystifies blockchain development for enterprisesSPONSORED The short-term bearish case First, Bitcoin could see a more sustained uptrend that has emerged since September First, the $18,500 area is critical to ensure that the bullish market structure of BTC holds The public company first announced its purchase of $250 million worth of BTC on Aug Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. Platinum has been developing enterprise-level blockchains and software since 2015 — counting mobile banking applications, bounty platforms, stablecoin ecosystems, DeFi protocols and yield farming services among its achievements. Why are regulators and central banks so concerned about stablecoins? And is there a role for them? On the flip side, a more mature market also means the potential gains from crypto investments will also decrease The state of the world economy has pushed institutional investors to look for alternative methods of investment The Asian giant is the one that stands out the most, as its royalty payments quadrupled between 2016 and 2017. A better method is to monitor the perpetual futures (inverse swap) funding rate. I descended to begin such efforts in the world of Axies. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice. It is a pleasure. Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin 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 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 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. Based on the past month of data, the volume will be a fundamental metric to watch as traders attempt to push Bitcoin price through the $20,000 level. “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 Disclaimer Bitcoin supply activity The alliance is currently accepting applications from developers building on Polkadot Network or Substrate. Bitcoin still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade. Insurance High prices seem to be part of what drew Axia onto Twitter It’s important to also be clear that competition, in our space, is done on various levels; some require collaboration, some don’t The S&P 500, an index with which Bitcoin has shown considerable correlation, is just 5.5% higher than at the start of January Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental FactorsFOLLOW UP 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 OKEx BTC top traders long-to-short ratio In time, it is hoped that these smart contracts will allow merchants and shoppers to connect without an intermediary — reducing costs for everyone 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 Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. All that will change is the consensus mechanism, so DApps and users shouldn’t notice any change.” And now, they are coming to the industry in great numbers. XTZ is currently trading for $2.06 each. dollar has netted savers just 2.2% year-to-date returns, while oil is the big loser, with WTI crude down by almost 35%. Data points to institutions accumulating Bitcoin rally keeps stalling at $19,500 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 There are hundreds and thousands of Axies being unused by many players in the Axie Ecosystem 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 DMEX says it offers perpetual contracts on all of its trading pairs, with up to 100x leverage — delivering funding rates that are comparable to industry stands, and trading fees that can be as low as 0.05% depending on order sizes. “At present, the profit of ETH mining is not high, and the management threshold and cost of GPU devices are higher than that of Asic devices dollar and the state of the country’s economic debt. To mine or not to mine? 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 Many retailers have their own systems, leaving shoppers with little choice but to individually register to each one 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. Marzio Schena, the co-founder and CEO of ANote Music, explained to Cointelegraph at the time: “Our goal is to unlock the hidden value in music for both investors and artists by creating a stock-exchange platform for music investments.” To help users get the hang of the DMEX interface, demo trading accounts are available where strategies can be put through their paces using test funds. “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.” How can liquidity pools help you save money at the till? But scratch a little deeper and some compelling use cases for DeFi emerge Marine. The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. He said: itcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed As for now, it is clear that there shouldn’t be a shortage of Ethereum block validators 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 People in crypto often think that institutional investors will be the main facilitators of the next Bitcoin boom Full transparency There is a worldwide crisis when it comes to generating returns from the traditional market’s safe assets Stay tuned Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade With so much fear of missing out, hype and fraud as well as so many cyber threats, speculation was the main force driving the initial-coin-offering craze and extreme bull market. And now, they are coming to the industry in great numbers. 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 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 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 patent for a blockchain-based method designed to increase trust in AI data management practices 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 While it’s a good way to fight deflation, negative and low interest rates discourage people from investing in safe assets Platinum’s founders, Anton Dzyatkovskii and Dan Khomenko, say the company has an extensive team of engineers on hand to develop projects of all sizes — with a collective skillset that stretches across DevOps, mobile app development, software testing, quality assurance, blockchain and enterprise software development, and DeFi Moreover, professional services providers have released a number of detailed reports on blockchain and digital assets The Asian giant is the one that stands out the most, as its royalty payments quadrupled between 2016 and 2017. Movies were made about them “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.” But, in the near term, on-chain analysts say that BTC could be braced for a deeper drop. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental FactorsFOLLOW UP Realized volatility of Bitcoin hit a yearly low on June 24 CT: What are you, and what makes you special? DMEX addresses this by using a state-of-the-art matching engine that monitors account balances while the confirmation is taking place — allowing multiple trades to take place simultaneously If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge At the same time, the gold market has seen large outflows in recent weeks Platinum projects Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-Breaker 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 hash rate rebounds after huge difficulty drop Blockchain technology already allows musicians to tap into another key category for independent artist revenue: highly engaged communities. High prices seem to be part of what drew Axia onto Twitter $1 Bitcoin investment beats gold and stocks despite 2020 gainsMARKETS NEWS Every trader has their own system, and some will only act if three or more bearish conditions are met, but there is no set rule for knowing when to buy or sell. According to an article published by Forbes, Warner Music has joined an $11.2 million investment in a new blockchain network called Flow, which was created by Dapper Labs Larger mining pools for ETH are left with similar options The performance of BTC over the next several weeks could hint at its price trend throughout the year’s end. More than 100 organizations and 4,000 individuals now use its services globally, and over 8,000 nodes have now been deployed by customers. Second, fund managers say that this could make Bitcoin even more dominant in the cryptocurrency market Smart contracts, smarter shopping I would say lots of people are employing a strategy like this.” By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. This is not retail AxieTree’s marketplace will reward lenders while helping bring many new players to the Axie ecosystem via borrowing Bitcoin has seen strong momentum throughout the past three months, barely seeing major corrections. The rainy season caused electricity rates to drop, reducing the cost of mining BTC According to data from Digiconomist, the cryptocurrency’s annualized total footprint is 59.31 terawatts per hour, which is comparable to the power consumption of the entire country of Greece Withdrawals from DMEX can be made as soon as trades are recorded on the blockchain — and the platform says confirmations normally take no longer than 30 seconds. 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 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. Stay tuned The process is automatic and immediate, delivering much-needed enhancements that eliminate some of the flaws associated with loyalty schemes right now. 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 Cointelegraph reported that Guggenheim Partners, which manages $275 billion in assets, is the latest institution to show interest in Bitcoin. 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. 3 key metrics to watch as Bitcoin price tries to top $20,000 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. I dont own anything else (except some bond calls and some $'s) This way, all hosting fees associated with streaming are virtually removed. $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC minedMARKET ANALYSIS Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities sale of its XRP tokens. “Retail investors should be wary of any company that uses hyperbolic statements and promises of extraordinary returns to lure them into participating 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 DeFining loyalty Deutsche Bank has also warned that cash’s days are numbered, and criticized the likes of Visa and Mastercard in a recent report Through this portal, students can access basic, intermediate and expert-level courses designed by fintech experts. patent for a blockchain-based method designed to increase trust in AI data management practices 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. In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. “I can’t imagine how much of a dork I would be if I found a five-year lease with $0.04 power, and I was mining ETH and I decided to sell everything and just keep paying my lease so I could stake ETH as a replacement.” While legendary, I cannot tell the future 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. 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. Fewer risks and good returns make Bitcoin an attractive alternative investment for institutions Scammers have continued to evolve their methodologies Instead, it’s a sign of the natural development that all new markets go through as they enter into the mass adoption phase, which will result in a more mature, more stable, less volatile cryptocurrency sector. This company demystifies blockchain development for enterprises Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, noted that Bitcoin falling under $18,500 would likely mean retesting the $16,000 support area 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 According to Rafael Schultze-Kraft, the chief technical officer at Glassnode, various HODLing data shows a rise in investor confidence dollar is showing signs of a possible recovery. The pandemic has made things worse The Ethereum consensus is currently based on the PoW system, which is similar to that of Bitcoin (BTC) 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.” While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied 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. Axia: First - I am a big believer in value-add efforts 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 Top traders long-to-short ratio can anticipate price changes The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California While the skewed distribution is unlikely to be fully addressable, improving conditions for emerging artists can make a huge difference and result in a more diverse market However, blockchain technology is also becoming an easy and streamlined way for independent artists to deal with other facets of the industry that can often be challenging for upcoming artists Movies were made about them 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. $1 of Bitcoin purchased even one year ago would have netted its owner $0.31 profit, while gold would have gotten $0.27 Related: Corporate disclosure is the only way to get crypto institutionalized However, blockchain technology is also becoming an easy and streamlined way for independent artists to deal with other facets of the industry that can often be challenging for upcoming artists 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. Axia: First - I am a big believer in value-add efforts dollar and the state of the country’s economic debt. Below $18,500, the next major macro support area is the $16,000 to $16,500 range, which BTC tested on Nov “First, the obvious one: 61% (!) of Bitcoin supply that hasn’t moved in over a year — that’s an all-time high Institutional investors won’t save crypto, but they will help it grow However, five major fundamental factors still point toward a prolonged uptrend by 2021. Historically, bull runs in the cryptocurrency market coincided with an increase in HODL activity Since their equipment will become obsolete, they will be forced to start mining altcoins, or recertify as ETH stakers 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 Over the long run, strong macro factors suggest BTC is on track for a firm recovery The bullish case for Bitcoin in the near term 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. Ripple Files Final Motion to Dismiss Class-Action Securities Lawsuit Since then, PwC has formed “crypto teams” in 20 countries, consisting of 200 people in total that work on crypto-related projects According to OPUS’ study, given the novelty of introducing blockchain to the digital music streaming services market, they see great potential growth. Over the past three years, the company has made the transition from securing startup funding in an ICO to a respected brand with compelling products and a diverse range of customers. So, their hash rate is much higher, and energy efficiency is better than the previous generation Despite its increasing strength, the U.S Perhaps we will see a shake up when it comes to the players included in the Big Four.” “The connection is that it will all be composable and compatible with the Ethereum ecosystem and that tokens from the first network can be burned and replaced with tokens from the second network The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. 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 He explained: Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst Secure but unclear future An even bleaker picture was painted by Pawel Aleksander, the co-founder and chief information officer of CoinFirm — a blockchain analytics company If done right, protocols could also give merchants a better deal — allowing them to weather tough economies (such as those brought about by the coronavirus pandemic.) However, five major fundamental factors still point toward a prolonged uptrend by 2021. 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 This is a relatively new area in blockchain, but there are projects that are tackling risk management through decentralized insurance “Businesses need to adapt to the digital age by adopting agile and flexible solutions that will allow them to realign their customer experience program to constantly changing customer expectations and needs,” Deloitte added. However, it’s still unclear when the launch of Ethereum 2.0 will take place, as numerous bugs and management problems are reportedly delaying the process 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility of parole for using the darknet to sell fentanyl Looking at Axia, this reporter felt an odd sense of prescience — that Axia, the first anthropomorphized bit of non-fungible blockchain data, was not one-off, and instead augured a wider, likely looney, trend. This aggressive accumulation trend seen in the Bitcoin market shows that investors anticipate a prolonged post-halving uptrend. 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. A system like this could also enable individuals and entities who are excluded from traditional banking, savings and trading ecosystems due to geopolitical reasons to invest in yield-bearing products, alternatives to lending and high-interest accounts These regulations are welcome Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot The crypto space is an incredible, albeit risky, learning environment From March to July of that year, BTC rose from around $4,000 to $14,000. Cointelegraph does not endorse any content or product on this page Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you XTZ is currently trading for $2.06 each. The company’s global head of business development, Dan Kochis, said: There are often discrepancies between exchanges' methodology, so readers should monitor changes instead of absolute figures. Another project from the United States, the Open Music Initiative, uses blockchain technology to identify music rights holders and has already drawn the likes of Soundcloud, Sony, YouTube, Spotify and Netflix as members, showcasing just how impactful the technology can be. 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 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. Related: Stablecoins, Explained Binance estimated leverage ratio A former Barclays investment banker who now serves as an independent blockchain business development professional, Tegan Kline, told Cointelegraph that the Big Four firms in particular have a unique opportunity to dominate accounting in the blockchain space Cointelegraph: Hi there, Axia 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. Ghosh mentioned that this is an important development for KPMG, as it demonstrates how critical the convergence of AI and blockchain is to enable trusted artificial intelligence 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.” And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities The app also delivers a wealth of functionality, including card-to-card transfers, Know Your Customer checks and a comprehensive transaction history This dampens the volatility and increases the market’s liquidity This is why global regulators are so concerned. However, five major fundamental factors still point toward a prolonged uptrend by 2021. 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. However, he saw fast growth, which drove the company’s Hong Kong firm to start accepting Bitcoin payments from clients two years ago Education as a key factor to raise awareness Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds 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. A match made in heaven? It is now a matter of when, not if The short-term bearish case $1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures. But the rise of these e-commerce platforms has created some new problems, and exacerbated old ones. Analysts at CryptoQuant found that open interest on Binance Futures is rising while the estimated leverage ratio is declining, which suggests that traders are becoming increasingly cautious and uncertain about Bitcoin's next move Bitcoin hash rate 7-day average Furthermore, even in the middle of a global economic crisis, Bitcoin’s volatility is at record-low levels KPMG United States blockchain audit leader, Erich Braun, further told Cointelegraph that an organization’s blockchain system should be developed with the intent to meet both operational and accounting needs to comply with accounting standards and other regulatory requirements: It also allows users to tip their favorite artists directly Is this enough? I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.” 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. However, this latest filing adds the argument that, even if XRP were a security, then the plaintiff’s claim would not be admissible, because the statute of repose only allows claims to be made within three years of the security being offered to the public Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist Meanwhile, MicroStrategy, the $3 billion business intelligence conglomerate, has just bought an additional $50 million in Bitcoin at the current price level, which yet another optimistic factor for Bitcoin Structured and regulated appropriately, stablecoins have the potential to bring cryptocurrencies to an entirely new generation of users. Dmitry Tokarev is the CEO of Copper, a crypto-asset infrastructure provider, custodian and a prime brokerage Once the user has been validated, all other projects within the same trust channel — i.e., a group of virtual asset service providers, or VASPs, that have agreed to follow the same set of rules and to collaborate within a well-delineated platform — can give that user access to products and services without having to redo the entire KYC process Insurance “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.” They could even have implications for a country’s monetary policy and, ultimately, economic growth The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple 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. Structured and regulated appropriately, stablecoins have the potential to bring cryptocurrencies to an entirely new generation of users. OKEx BTC top traders long-to-short ratio 25th as a Chrismas gift to the crypto and Axie community. But, in the near term, on-chain analysts say that BTC could be braced for a deeper drop. So, their hash rate is much higher, and energy efficiency is better than the previous generation The AUM of Grayscale is a decent metric to gauge institutional activity $1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures. ProgPoW has not been integrated into Ethereum yet, and it is unclear when it will eventually happen — in March, core Ethereum developers were debating whether ProgPoW would actually benefit the network for almost two hours and failed to reach a consensus Since miners have been mining 900 BTC daily after the May 11 halving, 900 BTC times 30 days equals 27,000 BTC. Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. 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. This is a net positive for the Ethereum ecosystem.” 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 I’m a little concerned that my owner will never sell me, hence making my true price discovery impossible This payment discrepancy is due to many factors, including an artist’s music genre and country of origin Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. 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 An even bleaker picture was painted by Pawel Aleksander, the co-founder and chief information officer of CoinFirm — a blockchain analytics company Simply put, DeFi projects should guarantee resilience. With that said, monitoring the funding rate, spot volumes, and the top traders’ long-to-short ratio provides a much clearer view of the market than simply reading candlestick patterns and general oscillators like the Relative Strength Index and Moving Average Convergence Divergence. 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 Axia: I am very excited to announce that I have been working with some interesting hoomans (@jl2fa @cshaotweets @dan_m_truong @iOShean @jack_dille @qwqiao) to launch a new crypto project, called @AxieTree. Before moving to Canada, he served as vice president and legal counsel for an oil and gas company based in Mexico City Losing $18,500 = likely $16K tests.” ASIC DeFi needs real-world adoption, not just disruptive pioneering This company demystifies blockchain development for enterprises 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. Scammers have continued to evolve their methodologies Bull run ahead?” Rising hashrate brings all macro factors together 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 Based on my interactions with my creators, they have a strong vision for the world they want to create Source: Coinmarketcap At the time, crypto-focused lawyer Jake Chervinsky said: Warner announced that they would start creating digital tokens using a public blockchain backed by the creator of CryptoKitties. Axia: First - I am a big believer in value-add efforts The class-action lawsuit has been a constant back-and-forth between the plaintiffs and Ripple “They wield significant power to set prices, which is not great news for retailers or consumers,” the German financial giant wrote. “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards 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 Fees for the use of intellectual property increased at an annual rate of 8.99% in 2017 and 5.81% in 2019. Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 In 2018, many newcomers got their first taste of what a crypto winter feels like 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. All that will change is the consensus mechanism, so DApps and users shouldn’t notice any change.” Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin This aggressive accumulation trend seen in the Bitcoin market shows that investors anticipate a prolonged post-halving uptrend. 15 to Nov Empowering artists He seems to be growing more obsessed with me — Jefferies told Cointelegraph that as per his company’s latest research, cryptocurrencies are considerably cleaner than their reputation would suggest: The DeMark system shows the daily chart of Bitcoin is on track for a record 13 consecutive positive candles. I suppose that in a sense, NFTs such as myself can serve as a status symbol In the near term, this could mean that Bitcoin could face weeks of sideways consolidation or a deeper correction, according to Ki CT: What are you, and what makes you special? 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 This article does not contain investment advice or recommendations 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. That means that those manufacturers have spent a lot of money to research and develop it OKEx BTC top traders long-to-short ratio It also includes independent verification of financial records against public blockchain data. It’s time to mature: We need compliant decentralized finance 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 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: GDPR and blockchain: Is the new EU data protection regulation a threat or an incentive? 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.” Altana Digital Currency Fund chief investment officer Alistair Milne suggested that if this drop could not shake investor confidence, there are not many factors that could in the future Largest outflow from gold ever Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. Consequently, miners have less incentive to sell large amounts of BTC in the near-term to cover costs This means that users have the freedom to sell or spend their staked assets, or use them in DeFi applications, at any time. Once Ethereum runs fully on the PoS rails, miners will have two options All of this can help make loyalty programs clearer and more transparent 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 It’s important to note that MicroStrategy’s case with Bitcoin bears great significance, considering that the firm is a publicly traded company listed on the Nasdaq stock exchange. 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 DEX offers margin trading, anonymity, fast withdrawals and no KYCSPONSORED To help users get the hang of the DMEX interface, demo trading accounts are available where strategies can be put through their paces using test funds. 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. Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst Will we find out whether XRP is a security? 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. Secure but unclear future Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum Bitcoin exchange reserves since January 2018 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. It’s also potentially far more interesting from the perspective of play and assumed personas as virtual reality inches closer towards widespread adoption. 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) Concerts and merchandise are also known to represent a large portion of revenue, but blockchain technology now provides new ways to explore this even further. 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. This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. The firm is a mere $200 million away from reaching $10 billion in AUM. Want to stake ETH but don’t have $14K? This protocol can help The team behind this decentralized exchange previously operated a large, centralized exchange that specialized in trading Bitcoin — giving them first-hand experience of the improvements that need to be made to centralized platforms in order to provide a stable and secure trading environment. The Inmusik platform has a similar system that rewards users with Sound Coins ($OUND) to curate artist rankings. 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. 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 This is problematic because purchasing 3 Axies can be too expensive and scholarships are a very manual process. Until the next halving in 2024, 900 BTC will be mined per day. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. You should conduct your own research when making a decision. The future of blockchain in music Not a single one squarely addresses whether XRP is an unregistered security.” Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors As a result, crypto has become a maturing industry that has a history of providing excellent returns to investors In February, KPMG announced a new U.S Platinum Software Development Company, which describes itself as a leader in DeFi and blockchain software development, says its goal is to deliver complex products for businesses of all sizes. Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. This dampens the volatility and increases the market’s liquidity Sponsors are also reportedly granted an invite to Huobi’s annual conference, as well as to other offline events. Naturally, scammers have recognized this fact and are trying to seize this opportunity by devising novel ploys — promising high returns on various crypto-related offerings such as binary options, trust trading, etc To help users get the hang of the DMEX interface, demo trading accounts are available where strategies can be put through their paces using test funds. BTC aggregate spot exchanges volume 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? Another supposed benefit of a PoS system is that it’s much more energy-efficient than PoW blockchains Whenever this premium fades or turns negative, this is an alarming red flag 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. Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds 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%?” Ujo, a New York-based company, provides a decentralized database of music ownership where artists can not only upload their works and earn 100% of their sales and tips with no fees but also automatically split payments with collaborators of each project At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake The growing hash rate of the Bitcoin blockchain is another potential catalyst for BTC heading into 2021. CONNOR BLENKINSOP Bitcoin rally keeps stalling at $19,500 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. 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. If whales think the price will go up, they'll withdraw $BTC a lot Is this enough? Institutional investors won’t save crypto, but they will help it growOPINION Source: Binance “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.” 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.” Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges. Withdrawals from DMEX can be made as soon as trades are recorded on the blockchain — and the platform says confirmations normally take no longer than 30 seconds. However, there is still a major difference between these processes The process is automatic and immediate, delivering much-needed enhancements that eliminate some of the flaws associated with loyalty schemes right now. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019 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. “Knowing the amounts related to the various fraud happening as a whole has its importance but the most important aspect is addressing how to solve them and providing entities with the tools and solutions to do so.” blockchain lead, told Cointelegraph that the firm saw a marked increase in revenue coming from blockchain initiatives last year. Former Iraqi interpreter for the U.S “The reality is that criminal use of Bitcoin and other cryptocurrencies is very low, less than 0.2% of the funds accepted by exchanges is directly from criminal sources.” 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 Nevertheless, the Ethereum network is not entirely immune to ASIC miners — at least, in its current state