The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people committing ransom attacks usually demand payment in?’ The answer is crypto.” Bank of England’s Governor Warns About Cryptocurrency Bank of […]
Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
Read more
submitted by /u/Mars_chego [link] [comments]
Since at least 2019, Web3 projects have been incentivizing their communities to provide liquidity on decentralized exchanges. Liquidity is the lifeblood of any protocol and facilitating that liquidity in one way or another is a basic prerequisite for a successful project. When Uniswap V2 and Sushiswap were the dominant DEXes, liquidity mining was relatively straightforward.…
Read more
What would be the pros and cons? Is this the future that all chat apps will move to chat dapps? With the lack of censorship how would you stop harassment? submitted by /u/Remarkable-Tough-326 [link] [comments]
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology. The play-to-earn revolution has catalyzed global change in blockchain and cryptocurrency markets, with over 750,000 individual blockchain wallets now participating in play-to-earn and NFT-based games on a daily basis. With […]
Bitcoin exchange traded products (ETPs) have had a good month in March. BTC assets under management had grown exponentially in this one-month period to touch a new all-time high. This is propelled forward by the inflows that have categorized these ETPs in the last month. This has made March one of the most successful months for bitcoin ETPs as all BTC products have marked positive net flows over this time period. Bitcoin AUM At New All-Time High The total bitcoin AUM had gone up dramatically in March. Looking at the numbers show this movement to be one of the highest growth trends ever recorded in this regard. The previous one was the jump that was recorded back in November of 2021. By February, the total asset under management had been sitting at 190,165 BTC. However, by the end of March, this number had grown as high as 202,437 BTC. This constituted a new record for BTC under management. Related Reading | Bitcoin Retail Reaches Second-Highest Buying Rate In History. Good Or Bad? The net inflows for March were a big addition to this. In total, there were 12,727 BTC that flowed into ETPs last month alone. This had helped the digital asset mark its strongest month in terms of ETP inflows since November. Inflows were recorded all across the board and across all regions. BTC ETPs hit a record high in March | Source: Arcane Research An example of this was the Canadian ETFs which recorded one of the sharpest growth in its history last month. They had been able to increase their total AUM by a total of 6,066 BTC in this time period. Additionally, ProShares also recorded positive inflows. For the rolling period of March 20th to March 25th, it had been able to break out of the low momentum that had plagued it in previous months which were attributed to the associated rolling costs. This had also resonated through Europe. The region which had been recording net outflows for the last three months had seen a switch-up. This reversal had seen substantial amounts of inflows come in during the month of March. BTC loses footing, causing it to fall to low $44,000 | Source: BTCUSD on TradingView.com Most of these inflows are being attributed to the bitcoin recovery in recent times. During the rolling week in March, Bitcoin had seen more strength on the backdrop of the LFG’s Bitcoin Reserve Strategy. Not only had this translated to a higher value for the digital asset, but it had also seen inflows into ETPs grow exponentially. Related Reading | Bitcoin Monthly Outflows Reach Historically High Value Overall, the month of March has been a good one for BTC ETPs. It is obvious that demands for the digital asset are on the rise. Not only do retail investors want a bigger piece of the pie but legacy markets have been demanding greater exposure to the cryptocurrency according to this recent trend. Featured image from FXLeaders, chart from TradingView.com
submitted by /u/Feodal_lord [link] [comments]
Kevin O'Leary gave a keynote at the Bitcoin Conference today in Miami and had tons of amazing things to say. I definitely recommend listening to the whole thing. Check it out here: https://www.youtube.com/watch?v=UgoZGn6Y74g First part of his speech: Thank you everybody, i want to talk about indexing for a moment. Bow many of you know…
Read more
