Author: dfmines

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

UPDATE: A bug in the smart contracts for Community Points distribution was found that we have fixed. Every month, 50% of Moons burned are meant to be reintroduced in the following distribution, but because of a bug in the contract this has not been happening as expected. We have deployed an update to the smart…
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Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, as the cryptocurrency displays a high correlation with the U.S. stock market. Related Reading | Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC As of press time, BTC trades at $38,301 with a 2.3% profit in 24-hours. Data presented by Joe Orsini, Director of Research for Eaglebrook Advisors, Bitcoin has historically experienced a positive performance in terms of percentage on FOMC announcement days. As seen below, the current FED Chair Jerome Powell’s administration has boosted the price of BTC as much as 20% during these days. In addition, the chart shows that the BTC percentage change in the daily chart it’s typically moderate during these events. Probably due to the market already pricing in any potential announcements. With the exception of April 2020, every FOMC meeting is followed by moderate price swings on these timeframes with the largest downside change near 5%. If Bitcoin remains on its current trend, it could score yet another bullish post FOMC trading day. However, when the current Bitcoin drawdown is compared to that of April 2020, and July 2021, BTC seems ready for further losses. On the latter periods, BTC dropped below 60% and 50% before a significant price reversion. On the contrary, it only briefly recovered when it failed to drop below the aforementioned percentage. This suggests more downside after a dead cat bounce probably to the $40,000 area. Bears Ready Ammunition? Bitcoin Reacts To Macro-Factors During the current price action, investment firm QCP Capital has seen an increase in selling pressure for the spot market. In addition, short terms option contracts have experienced “aggressive buying” as large investors hedge their positions. Related Reading | Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy BTC QCP Capital has seen more confidence in the market as BTC recovers, but the firm is “not sure” if the market has seen the lows and will resume its full bullish trend. The firm compared the change in At-the-money options volumes for BTC and ETH when its price crashed in May 2021, and today. 10/ While front-end vols spiked hard with BTC 1-week from 70% to 100% and ETH 1-week from 85% to over 120%, the longer end of the vol curve remained relatively tame. The curve from March onward moved higher by only 5-6% to a very modest 75% level. pic.twitter.com/f2smBbl4dB — QCP Capital (@QCPCapital) January 26, 2022 At that time, the metric recorded a spike of up to 250% for ETH while current volumes remained “relatively tame”. In other words, the options sector seems to suggest BTC could be in for more blood. The firm added: Does this mean that the market has yet to reach it’s true point of pain? Below 30,000 level in BTC perhaps? A lot of the short-term price action is going to depend on the Fed statement later today (…). Given the bloodshed in equities, chances are that we’ll get a fairly neutral statement and mkt will take that as an excuse to rally. A short squeeze across the board is likely.

ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that No Longer […]

If it passes in its origin form it hands Janet yellen the power to unilaterally ban all forms of payments and remittances that provide any sort of anonymity. This obviously targets ALL cryptos and anyone who thinks otherwise is kidding themselves. US people need to write to their representatives IMMEDIATELY about this. The treasury may…
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So as many of you have heard the "America Competes Act" can potentially be problematic for crypto in the U.S. This proposition will allow a sole individual to ban exchanges and other financial institutions from engaging in cryptocurrency transactions. The individual that could potentially hold these unchecked powers is none other than the U.S. Secretary…
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Someone on discord has shown me the Midas investments website for staking Ethereum and they are giving up to 23% APY. Has anyone used this? Is it legit? I would love any feedback. Thank you submitted by /u/Driabelyk [link] [comments]

The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry. Valkyrie’s Proposed ETF Targets the Bitcoin Mining Industry […]

If I use tornado cash multiple times to make a private transaction from contract A to contract B, wouldn't it be possible for an attacker to figure out my private address just by checking if an address repeatedly withdraw ether after address A made a transaction. Even if I wait a decent time to withdraw…
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