The US Government is now accepting public comments regarding the Responsible Development of Digital Assets
submitted by /u/Banana___Hammock [link] [comments]
submitted by /u/Banana___Hammock [link] [comments]
Alex Tapscott’s new book breaks down key DeFi concepts for business leaders.
submitted by /u/Livid_Yam [link] [comments]
submitted by /u/ryuubishira [link] [comments]
Any way to reserve space on specific blocks into the future? On eth or any chain? Example I am an oracle and want to guarantee that I have space on every block ending in 000 or something like that. Impossible on eth, right? Also, if possible, implications for mev? submitted by /u/minimumopinium [link]…
Read more
Bitcoin had lost its footing above $20,000 at the start of the week, sparking uncertainty among investors who had previously believed that the price of bitcoin was in a recovery trend. This decline saw more sell-offs in the space, albeit to a lesser extent than previously recorded. With the digital asset now starting on another recovery trend though, traders who had bet against its ability to move upward are finding themselves in very unpleasant situations. Bitcoin Short Traders Suffer Losses Bitcoin had begun to recover just after the CPI had shown that the United States inflation rate had hit a new 40-year high. At 9.1%, it was the highest number ever recorded since 1981 and this had prompted investors to look to other alternatives for protecting their wealth from being eaten into by inflation. The result had been an influx of new money into the bitcoin market. Related Reading | Bitcoin Price Spends Four Weeks At 2017 Peak Prices, What Comes Next? The recovery had seen a lot of traders who had bet against bitcoin suffering losses. Data from Coinglass shows that in the last 24 hours, almost $200 million in liquidations have been recorded and the majority of the liquidations had been from short traders. In total, there have been more than 57,800 traders liquidated and at a percentage of 83.91%, more than 48,000 traders who were betting against the crypto market’s recovery have suffered losses. BTC price recovers above $20,000 | Source: BTCUSD on TradingView.com Even as time has gone on, the liquidations have not subsided. In the last 12 hours alone, the liquidation numbers have come out to more than 54 million. At the time of writing this, the last four hours had seen liquidations of $21 million and this is expected to ramp up as the recovery continues. Ethereum Takes The Lead In most cases, when the market liquidations are calculated, bitcoin always takes the lead. However, that is not the case this time as another has taken the lead in liquidations. Ethereum’s recovery over the last day had been just as dramatic as that of bitcoin and short traders were caught in the wave. Related Reading | Mid Cap Crypto Coins Lead In July, Best Way To Weather The Winter? The second-largest cryptocurrency by market cap accounts for the majority of the liquidations recorded in the last day. It has seen more than 72.64K ETH liquidated, amounting to more than $90 million. Bitcoin which usually leads the pack has only seen half the value of liquidations in the same time period. ETH liquidations ramp up | Source: Coinglass The same is the case on a 12-hour basis, although bitcoin is catching up in this regard. Ethereum continues to lead but by a much smaller margin. Other cryptocurrencies that have recorded high liquidations in the last day include MATIC, SOL, and AAVE with $8.52 million, $5.93 million, and $2.81 million respectively. Featured image from Financial Times, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
PRESS RELEASE. The HUMAN Protocol Foundation is delighted to announce that HMT is now listed on Probit. Probit joins other exchanges, Bitfinex, FTX and Gate.io in offering our community the opportunity to buy, sell, and trade HMT. About HMT HMT is the native cryptocurrency of HUMAN Protocol. In practice, Requesters – who want to launch […]
Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions.
In the last 24 hours, Ethereum (ETH) has risen 12.76 percent, pushing it beyond the $1,200 mark. One of Ethereum’s final tests before the Merge was successfully tested by Ethereum core developers yesterday, which is most likely to blame for Ethereum’s optimistic price increase. In August, the actual event is expected to take place. Highly…
Read more
Doing your research is the single most important thing in the crypto space, as there are soooooooo many scams and shady projects out there. Remember: Knowledge is power! I will start with some general sources about crpyto knowledge and get more and more specific through this post. Getting into crypto is pretty difficult at first…
Read more