Author: dfmines

The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will build” and “could morph into a systemic risk.” […]

Bitcoin price is struggling to clear the $60,000 resistance against the US Dollar. BTC is likely to start a strong decline if there is a close below the $57,000 support. Bitcoin failed to clear the $60,000 level and started a fresh decline below $59,000. The price is still well above $55,000 and the 100 simple […]

Nodes are the unsung heroes of any blockchain. They handle all of the janitorial duties of a network executing smart contract, supporting dapps, archiving the past, and so much more. Unfortunately most people focus on mining as running a blockchain, and while they are important they are not the network. First I want to break…
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submitted by /u/ImportantChemical [link] [comments]

On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects the cryptocurrency and […]

submitted by /u/Ma_Ruf [link] [comments]

I mean the hype is insane. And demand is so much higher than the inherent value of many NFTs. The greed is unprecedented, and gas fees only climb as everyone and their grandpa is minting useless Blender renders. If I'm not mistaken, when speculative hype exceeds the actual value of an asset, a bubble forms,…
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This post is an elaborate and long one. I always try to make a TL;DR for all posts I make but I request you to read all of this one. Because, We never know how, why and when our future self might get the best out of us. In crypto sphere, be your own bank…
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