I‘m working on an NFT project and it would be cool if I could create a merkle-tree-based whitelist. submitted by /u/VLADIMIROVIC_L [link] [comments]
We are seeing a big influx of new people lately and many of new guys and girls, rely on youtube and some even on instagram (??) or twitter.. or god forbid TikTok, to check what to invest into. Be aware that many influencers are simple pump and dumpers who buy their coin and pre-pump it,…
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Data shows that Bitcoin has increasingly behaved like a risk-on asset in the year 2021 as its price movements have reacted to the VIX volatility index. Bitcoin Cements Itself As A Risk-On Asset During The Year 2021 As per the latest weekly report from Arcane Research, BTC has behaved like a risk-on asset this year as the crypto’s price has seemed to follow VIX. “VIX” is the ticker symbol for the Chicago Board Options Exchange’s Volatility Index. This index tells us about the stock market’s expectations of the volatility based on S&P 500 index options. While the official name is the CBOE volatility index, the name “VIX” has caught on as the most popular way to refer to it. The VIX index is a real-time indicator that measures the expected volatility in the market for the coming thirty days. The index is also often referred to as the “fear gauge.” When the value of this metric is high, it means a greater volatility in the stock market may follow in the near future. On the other hand, low values of the index would suggest a period of low volatility might be there soon. Related Reading | Bitcoin Bearish Signal: Trend Is Again Shifting From Outflows To Inflows Now, here is a chart that shows the apparent relationship between the price of Bitcoin and the VIX index: Looks like BTC’s price has increasingly become related to the index over the past few years | Source: The Arcane Research Weekly Update – Week 51 As you can see in the above graph, during the year 2019, which is before COVID came around, Bitcoin didn’t seem to be affected by fear in the broader market. However, following the monetary and fiscal policies that were approved during the COVID era, institutional investors started getting interested in the coin. In 2020, the relationship between VIX and the Bitcoin price was still unclear. But from the data of the year 2021, it’s visible that there is now a correlation between the two metrics. Bitcoin has responded to fear in the stock market during 2021, showing that institutional investors for the most part consider the crypto to be a risk-on asset. Related Reading | Elon Musk Explains DOGE Edge Over Bitcoin, But Where Is He Wrong? The report notes that because of this, it could be worth keeping an eye on VIX as fear in the stock market may have implications for BTC’s price. BTC Price At the time of writing, Bitcoin’s price floats around $47.5k, down 2% in the last seven days. The below chart shows the trend in the price of the coin over the past five days. BTC’s price has plunged down in the last few days | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Arcane Research
submitted by /u/TradingAllIn [link] [comments]
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star.
https://etherscan.io/address/0x56eddb7aa87536c09ccc2793473599fd21a8b17f They just wiped out my entire portfolio. they gained access to my page through a link that was sent to my discord. the scammer matched the exact admin name, icons everything. They even created a website to look exactly like the nft project https://i.imgur.com/73eIPqO.png They are using https://collabvalidation.gq/index.php to gain access to your…
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submitted by /u/michaeldave25 [link] [comments]
I keep on reading that nobody in the crypto space is hacked and that all crypto thefts are scams that greedy people fall for. I get that this is probably an oversimplification and I probably shouldn’t believe everything I read. I also understand that private keys are hard to guess by brute force but hear…
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submitted by /u/OkMongoose7304 [link] [comments]
