Chainlink Is Building a Token Infrastructure for SWIFT
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https://open.spotify.com/episode/6q2UhcEUaeNXB5FcdaI20R?si=1cjSpW9ZTgO7t9ahzIpZyA submitted by /u/coindesk [link] [comments]
Anyone else have worries about sharding's effect on composability? Composability being one of the most valuable parts of L1s – that anyone can write and deploy any piece of software onto Ethereum and anyone else can build on top of that permissonlessly (money legos). If everything is broken down into shards- it will make communicating…
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On the 3rd of January 2009, The Times published a front page article with the heading "Chancellor on brink of second bailout for banks". These words were stamped in the Genesis block of the Bitcoin blockchain. While Nakamoto never clearly stated the meaning of the message, many have interpreted it as a reference to why…
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Hello fellow redditor! You have been invited to make someone's day, or completely obliterate it with a few heavy words of judgement! This is also your opportunity to see your nft fawned over or annihilated with Gordon Ramsay style comments! Who ever wants to get his nft rated just has to pick it from the…
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Bitcoin gains for the month of September have been less than encouraging for investors. The month has historically been bearish for the digital asset, which makes it no surprise when multiple dips had begun to rock it. Now, as the month draws to a close, it continues to follow the trend for most of the month. This means that it is likely not to be any significant recovery, and single-digit gains may be the best it can do. September Proves To Be Deadly The month of September has not been kind to the digital assets that currently play in the crypto market. From the beginning of the month to the present day, the crypto market has been wracked by dips and crashes, which has left most assets barely holding their heads above others. Related Reading: Investors Cash Out $5M From 7-Week Bull Run On Short Bitcoin For Bitcoin, the effects of the September trend have been quite pronounced. Data shows that for the entirety of the month, the digital asset has only seen low single-digit gains. At this point, the gains of the cryptocurrency sit at 1%, but with the price continuing to succumb to the bear trend, it is possible that bitcoin may dip below this level. BTC suffers in September | Source: Arcane Research Bitcoin is also not the only cryptocurrency to suffer such dreary fates. Other indexes, such as the Large and Small Cap Indexes, have all come out even worse. The Small Cap index was slightly below bitcoin in the fact that it was down -1% for the month of September, while the Large Cap Index had seen losses of -2%. The Mid Cap Index was the only one to see some form of encouraging return. It did about 300% better than bitcoin, with gains of 4% this month, making it the best performer so far. Bitcoin Doesn’t Get Better September has been historically bearish, and the events that took place this month did nothing but drive that point further home. With the CPI data release and the FOMC meeting ending with another hike in interest rates, the short-term future does not look too bright for bitcoin. BTC remains volatile | Source: BTCUSD on TradingView.com The present single-digit gains that the digital asset is seeing have been much more than anticipated. Even with this, the likelihood that the price of the digital asset would close in the red remains quite high, especially given the sell-offs that have been rocking the market. Related Reading: Solana Clears 100 Billion Transaction Count As NFTs Gain Prominence Presently, bitcoin is barely holding above $19,000 but is seeing significant resistance at this point. The BTC dominance over the past week has been up, which could lead to a rise in the value. However, even with this, it is unlikely that bitcoin finishes the month with anything more than single-digit gains, if at all. Featured image from Analytics Insight, charts from Arcane Research and TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
Cryptocurrency guidelines released by the Biden administration this month show that officials are considering the benefits of crypto. That’s a step in the right direction.
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto […]
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