Most people reading this know all of these things. Sometimes with crypto it is easy to get sucked down the rabbit hole and forget some of the basics that you knew on day 1. Just a refresher. Greed can make you rich in crypto, but it more often makes you miss selling near the…
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submitted by /u/Crypto_Cat_69 [link] [comments]
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region.
I have been documenting the ongoings on SafeMoon for quite some time and posting to this sub. It was strange after my first post that users started complained that the sub went private as I've haven't had any issues accessing it. Regardless, it looks like the Safemoon show is finally over. The Safemoon whales have…
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Ok so the miners sold their eth in a large batch got it. But objectively there are a lot of positive things happening, hello fidelity digital assets! More money and activity happening than ever before So why is the price the lowest in a year? submitted by /u/ohsnapt [link] [comments]
I finally bit them bullet and got my own wallet. Yeah, yeah I know… Not your keys and all that. But after dabbling in crypto for a few years through exchanges, I decided to make this leap… and the Reddit Collectible Avatars was the final straw. Probably seems idiotic to some, but that’s where I…
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On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]
submitted by /u/Longjumping-Ideal-55 [link] [comments]
submitted by /u/coindesk [link] [comments]
In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value. This period lasted from January 2018 to December 2020. Currently, the crypto market is experiencing another chilly winter with its devastating effects felt on the top market player – Bitcoin. Despite the adoption and market dominance enjoyed by BTC: it still felt the crippling power of the bearish market cycle. Various predictions and speculations by experts relying on past market cycles are all over the place. Related Reading: AVAX Sheds 50% Over The Last 60 Days – More Losses Ahead? With the last crypto winter lasting almost three years: investors and traders are puzzled about the length of this current bearish market trend. The crypto world is affected by the devastating effects of global players on the political scene. The Russia – Ukraine conflict has increased the pressure on cryptocurrency globally. Igor Zakharov, CEO of DBX digital ecosystem: notes that high inflation has spiked interest rates in the United States. The U.S is the biggest promoter of crypto and a dominant force. Shift Of BTC Holdings By Whales And Big players Data obtained from Coinbase Pro shows that the big institutional players have transferred large amounts of their BTC holdings. The BTC volume pegged at 48,000 BTC is worth roughly $940 million. These bitcoin assets; were removed from long-term holding positions with a time frame of three to five years. Surprisingly, the smaller and medium addresses have increased their BTC holdings: according to Santiment. From recent data, BTC addresses with holdings in the range of 0.1 to 10 BTC now hold a record-breaking 15.9% of BTC’s total circulating supply. BTC price has been in constant flux. With its recent price struggles around the $20,000 range noted. It has left experts puzzled about the actual length of the crypto winter. Light At The End For Crypto But amid the uncertainty, Rayne Steinberg, CEO of digital assets investment firm Arca, is quite optimistic. He expressed his thoughts that the market is generally closer to the end of this dark period. However, he pointed out that macroeconomic factors made it difficult to go into specifics. With macroeconomic factors like inflation taking center stage worldwide, Steinberg opted to water down false hopes but encouraged optimism. Due to Bitcoin’s current connection with S&P 500, BTC price has taken a beating since the general market drawdown. This bitcoin sync with the equity market might favor the bears. Related Reading: Uniswap Coin’s Bullish Trajectory Sets UNI To Breach $7 Level – Time To Buy? Some experts’ predictions had the price of bitcoin nosediving by as much as 20% as its relationship with the S&P 500 continues. Relatively other altcoins are also experiencing the chilling effects of the dip. Uncertainty has now taken root in the crypto world. Forecasts and past price data are speculative as the big players gear up to weather the storm. Featured Image From Pixabay, Charts From Tradingview
