In a conversation on stage at Paris Blockchain Week Summit and in an exclusive interview afterwards, Nicolas Cary shared his insights on inflation, regulation and Web3.
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The […]
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“Plutus scripts don't get submitted on-chain until you're interacting with them, so ''every single time'' when you want to use a dApp you have to include the whole script as part of the transaction. This makes the transactions bigger. Larger transactions result in higher fees and decreased throughput. CIP 33 (Cardano improvement proposal) changes this.…
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Every single Reddit account that has posted on the SafeMoon sub in the last two hours is exactly 1 year old, some are just 362days old. That’s the birthday of r/safemoon and the token itself. Here is some coffee-zilla like research; they all have PostingBadges and UpvotingBadges from each other; three accounts that posted today…
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According to on-chain data, current Bitcoin SOPR trend suggests the market may be nowhere near the price bottom. Bitcoin SOPR Still Some Distance Above The “One” Level As pointed out by an analyst in a CryptoQuant post, the BTC SOPR hints there may be some ways to go still before a bottom forms. The “spent output profit ratio” (or SOPR in brief) is an indicator that tells us whether investors are selling at a profit or a loss right now. The metric works by evaluating the history of each coin on the chain to see which price it was last moved at. If this price was less than the current price (that is, the selling price), then the coin sold at a profit. On the other hand, the last price being more than the current one would imply the investor realized a loss on this coin. Related Reading | On-Chain Data: Bitcoin Whales Buy The Dip As BTC Drops To $39k When SOPR has a value more than one, it means the overall market is making a profit at the moment. While ratio values below the threshold imply a realization of losses. Now, here is a chart that shows the trend in the Bitcoin SOPR over the past few years: Looks like the indicator’s value is above 1 right now | Source: CryptoQuant In the above graph, the quant has marked the important points of trend. It seems like bottoms have historically formed whenever the Bitcoin SOPR has dipped below the value = 1 mark. The significance of this “one” level is that investors are just breaking even at this point. The value drops any further and they are selling at a loss. Relate Reading | TA: Bitcoin Recovers Losses But Here’s Why $41.5K Could Prevent Gains After capitulation, there aren’t many sellers left in the market normally, hence why a bottom forms during such periods. Now, looking at the current trend, it seems like the value of the Bitcoin SOPR is around 1.31 right now. This is still a bit above the 1 level, which could suggest there may be more downside in the store for the crypto before a new bottom formation takes place. However, it’s also possible the price may see a temporary rebound here, as it already did once earlier in the year around a similar SOPR value. BTC Price At the time of writing, Bitcoin’s price floats around $40.7k, up 1% in the last seven days. Over the past month, the crypto has lost 3% in value. The below chart shows the trend in the price of the coin over the last five days. BTC’s price looks to have surged up over the past twenty-four hours | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com
I needed to export latest transactions of a token/contract. They have a dumb function that let's us to export earliest transactions. submitted by /u/Gold-Skill-9599 [link] [comments]
Hello there, I am conducting a research about Marketing in NFT Art. The goal is to answer to the question: “In which ways artists can leverage Digital Marketing activities to sell & advertise their artworks in the NFT new paradigm"? The advancements around NFT artworks, blockchain technology, and crypto currencies have the potential to have…
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