With over 32 eth does anyone stake with Lido for simplicity? What are the risks and could Lido crash to 0%? Should I stake all my eth? In case of Blackswan event is it over for eth? Considering stETH instead of Solo staking upkeep and potential user risk, like me slashing or doing other stupid…
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So with the upcoming Bitcoin halving on its way and the fact that prices are still low, we’ll alts at least.. What’s your strategy for the coming year? Are you buying btc? Etc? Or alt coins? Are you waiting for a dip or slowly buying in at a steady rate? Whatever your strategy is, please…
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BTC price targets extend down to $27,000 with Bitcoin in a state of “flux.”
I need some help. I reset my phone and after entering my seed phrases in MetaMask I got a completely different address which was empty. Creating new ones didn’t recreate my old one. I can still see all my funds in etherscan. What’s happening here? Can anyone help me to restore my original wallet access?…
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The public perception surrounding AI’s abilities is no match for the laws of physics.
A July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision which has already made significant waves in the space.
P2P lending is a way for individuals to lend money directly to other individuals without involving traditional financial institutions, such as banks.
Obviously this is more a theoretical questions, but I just randomly started thinking about this today…In theory if some hacker got access to 50%+ of private keys belonging to the wallets attached to validators, wouldn’t the Ethereum network be under risk? Would the attacker have complete control over those validators in that case? Is this…
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On-chain data shows that Bitcoin miners may have once again been participating in selling recently, something that could lead to the asset declining. Bitcoin Miner Reserve Has Been Declining In The Last Two Weeks As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve has been observing outflows recently. The “miner reserve” here refers to the total amount of Bitcoin that the miners as a whole are holding in their wallets right now. When the value of this metric goes up, it means that these chain validators are transferring coins into their addresses currently. This kind of trend can be a sign that the miners are accumulating, and hence, can be bullish for the price of the asset. On the other hand, the indicator trending down suggests the miners are taking BTC out of their wallets at the moment. Generally, these investors withdraw coins from their reserve for selling-related purposes, so such a trend can have bearish consequences for the cryptocurrency’s value. In the context of the current discussion, the miner reserve itself isn’t of interest, but rather its “rate of change” (ROC) is. This metric keeps track of the percentage changes in the miner reserve over a specific period. Here, the relevant period is the 14-day one. Related Reading: Bitcoin MVRV At Critical Level: Will A Break Happen? Now, below is a chart that shows the trend in the 14-day ROC of the Bitcoin miner reserves over the last few months: Looks like the value of the metric seems to have been negative in recent days | Source: CryptoQuant As shown in the above graph, the 14-day ROC of the miner reserve had been green last month as Bitcoin had rallied above the $30,000 level. These positive values of the indicator imply that the miner reserve had been rapidly going up. The timing of these positive ROC values could suggest that the accumulation from the miners might have provided support for the surge in the cryptocurrency’s price. Related Reading: Stablecoin Exchange Deposits Remain Low, What Does It Mean For Bitcoin? In the first week of this month, though, the metric turned negative, implying that the miner reserve started to decline. The miners look to have continued to withdraw coins from their wallets since then, as the indicator’s value has remained red. The Bitcoin price has been struggling in this period, as it hasn’t been able to mount up any significant moves. It would appear that this selling from the miners (if the withdrawals are indeed happening for selling) might be one of the factors behind the asset stalling in the past couple of weeks. Since the 14-day ROC of the miner reserve has continued to be at notable red values recently, it’s possible that these chain validators aren’t letting up their selling just yet. So far, the price has continued to hold on above the $30,000 level, implying that there may be enough demand in the market to absorb any selling from the miners for now. However, if the miners continue to sell into the near future, it’s possible the asset may buckle and the price could face a drawdown. BTC Price At the time of writing, Bitcoin is trading around $30,000, down 1% in the last week. BTC has been moving sideways recently | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com
For those of you that dont know, Chainlink has been attempting to do is bring Tradfi onto the blockchain with a number of products. One of those products is CCIP which has been in the works for years now. This will allow users to transfer assets from on chain to another chain which has been…
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