It’s important to note that MicroStrategy’s case with Bitcoin bears great significance, considering that the firm is a publicly traded company listed on the Nasdaq stock exchange. Typically, when the price of Bitcoin sees a large correction, it is triggered by the capitulation of overleveraged buyers Jeff Bronikowski, the global head of strategic music initiatives at Apple and the former senior vice president of business development at Warner Music, previously told Cointelegraph: “The main goal is to create new avenues where the fans of our artists can explore their fandom and engage with the artists in new and different ways that they haven’t done before.” While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations A pseudonymous trader known as “CryptoCapo” said that “bears don't want to see price above $19,500,” while bulls do not want the price to go below $18,500. Ripple Files Final Motion to Dismiss Class-Action Securities LawsuitNEWS Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours Tezos conducted an initial coin offering in July 2017 — raising $232 million in what was the largest ICO to date — before launching its mainnet in beta one year later. The funding rate might bring some distortions as it's the preferred instrument of retail traders and, as a result, is impacted by excessive leverage BTC perpetual futures weekly funding rates A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level U.S Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). Another project from the United States, the Open Music Initiative, uses blockchain technology to identify music rights holders and has already drawn the likes of Soundcloud, Sony, YouTube, Spotify and Netflix as members, showcasing just how impactful the technology can be. Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin For example, when BTC is underpriced, they use this inefficiency to drive it up, and they bring it down when the digital asset is overpriced. And more and more often, Bitcoin (BTC) is becoming such a tool. Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-Breaker As for Ethereum’s ecosystem at large, experts reassure that the transition to PoS will be conducted in an uncomplicated fashion, and network participants — casual users and decentralized applications built on top of Ethereum — will hardly notice the change Perhaps we will see a shake up when it comes to the players included in the Big Four.” To get a handle on this, Cointelegraph conducted a written interview with Axia (who told me that acceptable pronouns include “he/she/majesty/highness”), which has been edited for concision and readability, to get a better sense of where NFTs and ones like her highness are headed “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards CT: How far could you go in helping to expand the wider Axie universe? Can a NFT begin to guide the development of the game that created it? Soon, a group of developers proposed “programmatic proof-of-work,” or ProgPoW — an extension of the current Ethereum algorithm, Ethash, designed to make GPUs more competitive, thereby promoting decentralization. This time around, the block reward halving was met with relatively low selling pressure. Fewer risks and good returns make Bitcoin an attractive alternative investment for institutions Blockchain-based ecosystem to decentralize banking services globally Bitcoin hash rate rebounds after huge difficulty drop I hope that the wider Axie community will shower me with love BTC perpetual futures weekly funding rates Professor Talis Putnins, co-author of an influential University of Technology Sydney report on cryptocurrency and illegal drugs, had this to say about cryptocurrencies: EY’s global blockchain leader, Paul Brody, previously told Cointelegraph that the firm has been working with Microsoft and ConsenSys to develop an open-source blockchain project called Baseline Protocol, which runs on the public Ethereum mainnet Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin Elsewhere, Platinum became partners in the SpaceSwap project back in late September — and was tasked with developing a secure, reliable smart contract for the platform. Juan Aja Aguinaco is an entrepreneur, startup consultant and co-founder of Shyft Network Inc Marzio Schena, the co-founder and CEO of ANote Music, explained to Cointelegraph at the time: “Our goal is to unlock the hidden value in music for both investors and artists by creating a stock-exchange platform for music investments.” It’s good for both the crypto ecosystem and for professional services firms like ours as a new source of clients that we can help.” He predicts that the coronavirus pandemic will fuel these models, saying: I hope that the wider Axie community will shower me with love CONNOR BLENKINSOP BTC aggregate spot exchanges volume This fall, the European Commission launched a comprehensive legislative proposal for the regulation of crypto assets It’s important to note that MicroStrategy’s case with Bitcoin bears great significance, considering that the firm is a publicly traded company listed on the Nasdaq stock exchange. How DeFi can improve the e-commerce sector The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. To get a handle on this, Cointelegraph conducted a written interview with Axia (who told me that acceptable pronouns include “he/she/majesty/highness”), which has been edited for concision and readability, to get a better sense of where NFTs and ones like her highness are headed Providing his insights on the matter, Jefferies stated that part of the reason for the increasing use of BATMs by money launderers, such as in the Kunal Kalra case, is their increasing ubiquity across the U.S Bunin went on further stating that: “Any concerns that the network will split, with some folks remaining on the PoW chain or that DApps will experience disruption, are overblown.” Furthermore, O’Holleran told Cointelegraph that “ETH 2 is a new network that will run on a new token and a new inflation model,” elaborating: Big Four firm Deloitte and the World Economic Forum also recently released a report on blockchain interoperability The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm One is an anonymous communications platform, which was provided by the darknet and underpinned by TOR (an anonymous communications protocol) “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards Blockchain-backed projects can also create monetary incentives for music fans, making the whole experience more interactive and rewarding Fresh from shaking up the financial sector, DeFi could be coming to a shopping basket near you A game changer in the PoS landscape According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum It is now a matter of when, not if Related: Public Service Announcement: Beware of Imposters Posing as Cointelegraph Journalists BTC has shown little volatility since May, following a critical rejection at $10,440 In October 2019, the G-7 issued a working paper on stablecoins Is it enough to make an impact? A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level Accenture is also working closely with the WEF on regular blockchain reports I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.” Data points to institutions accumulating “Cryptocurrencies have fundamentally transformed the way illegal drugs are bought and sold, shifting much of the activity from a cash-based, physical ‘on the street’ market to an online marketplace.The online illegal drugs trade needed two fundamental things to take off It’s a joint undertaking from Nomadic Labs, Metastatic, and Gabriel Algour intended to “help individuals developing smart contracts on Tezos.” So, what measures could DeFi projects, and the overall space, adopt to become more competitive and attractive to a wider client base? Let’s start with the basics: With Diem, there is also the potential for massive network effects Fees for the use of intellectual property increased at an annual rate of 8.99% in 2017 and 5.81% in 2019. For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. The team behind this decentralized exchange previously operated a large, centralized exchange that specialized in trading Bitcoin — giving them first-hand experience of the improvements that need to be made to centralized platforms in order to provide a stable and secure trading environment. The report brings up a key finding, noting that although blockchains are built for specific industry ecosystems, the technology may work better if all of these were linked together under one framework. In recent years, the research observed a “substantial” increase in the cashflows payable on the grounds of royalty-related contracts in the entertainment and media industries. If Bitcoin rises above the heavily-shorted $19,500 resistance level, buyers have a chance to regain control over the market. “They wield significant power to set prices, which is not great news for retailers or consumers,” the German financial giant wrote. In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin (BTC) still trumps every macro asset when it comes to investment profits. According to her, blockchain technology can help, and already is helping, to solve these issues If WoToken had been required by regulatory agencies to provide detailed investment prospectus and audited financial statements, they wouldn’t have been able to launch their scheme and fool more than 700,000 victims hopefully Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios ANALYSIS I would say lots of people are employing a strategy like this.” “There are many small issues along the way and you need to go through the documentation before being able to set it up and maintain the node.” Many VASPs have dramatically improved their security posture, making it harder for hackers to steal from the platforms themselves.” It’s time to mature: We need compliant decentralized finance This company develops cutting-edge software and blockchain solutions from scratch — helping enterprises make the most out of this technology. He said: These regulations are welcome U.S Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). How DeFi can improve the e-commerce sector Additionally, Accenture and the Digital Dollar Foundation released a Digital Dollar white paper on May 27, which provides key findings on a U.S Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 This helps deliver the type of experience that crypto enthusiasts may be accustomed to on more centralized platforms Big Four firm EY is also driving innovation in the blockchain space Below $18,500, the next major macro support area is the $16,000 to $16,500 range, which BTC tested on Nov — to lure in unsuspecting individuals If the BTC HODLer net position change remains positive, it means that investors are not moving funds from personal wallets to exchanges to sell Sponsors are required to have significant vested interest in the success of Polkadot in order to apply Source: Binance A better method is to monitor the perpetual futures (inverse swap) funding rate. Arun Ghosh, KPMG’s U.S Related: Corporate disclosure is the only way to get crypto institutionalized Platinum Software Development Company, which describes itself as a leader in DeFi and blockchain software development, says its goal is to deliver complex products for businesses of all sizes. He said: Axia: I’m inspired by the effects that Legendary Pokemon had in their respective Pokemon worlds Brooks was recently nominated to serve a full five-year term by Trump. At the start of October, the derivatives exchange was charged with operating an unregistered trading platform and violating anti-money laundering regulations. Related: Will PayPal’s crypto integration bring crypto to the masses? Experts answer Other founding members include layer-two technology provider Plasm Network, decentralized insurance market Tidal Finance, and non-custodial automated market maker Polkaswap The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative So, will blockchain technology help shift control and revenue back into artists’ hands? It seems like progress is already being made, but there is also a lot of room for growth, as artists are drawn to relatively higher earnings While it’s a good way to fight deflation, negative and low interest rates discourage people from investing in safe assets dollar-backed stablecoin National Debt Clock. Since it also runs on the Ethash algorithm, its hash rate might experience a significant spike as a result of the potential miner migration caused by the Ethereum 2.0 launch The AUM of the Grayscale Bitcoin Trust hitting an all-time high, while the price of Bitcoin is down by more than 50% from its record high is a positive metric It also allows projects to limit their losses should a negative event impact them — for example, investment and withdrawal limits. Marzio Schena, the co-founder and CEO of ANote Music, explained to Cointelegraph at the time: “Our goal is to unlock the hidden value in music for both investors and artists by creating a stock-exchange platform for music investments.” Yes, a certain number mine and hold, but I would argue against the notion that a large population of altcoin miners hold their coins for any amount of time.” Related: Will PayPal’s crypto integration bring crypto to the masses? Experts answer Her Majesty's Treasury, the United Kingdom’s treasury department, plans to issue draft regulations for stablecoins and CBDCs soon. But at the moment we don’t really have that.” Ledger hardware wallets 40% off This aims to show how enterprises can securely collaborate over the Ethereum network without exposing valuable data. To help users get the hang of the DMEX interface, demo trading accounts are available where strategies can be put through their paces using test funds. Because the switch has been delayed numerous times, stake.fish has started offering staking services for other PoS and delegated PoS projects like Tezos (XTZ), Cosmos (ATOM) and Cardano (ADA) How DeFi can improve the e-commerce sector Aleksander closed out by saying: “If the industry collectively adopts such solutions and processes, the capability of such scams of not only being successful but being able to take advantage of the stolen funds will become severely limited.” Opus, for example, leverages two different peer-to-peer networks to remove middlemen completely and provide a fully decentralized streaming platform PayPal has now started to roll out its crypto trading service, meaning millions of merchants will soon be able to accept digital assets as a payment method “No one goes gold -> $BTC -> alts This year has seen big high net worth inflows from USD or gold to BTC Read more: OCC Chief Hints at Coming ‘Good’ Actions on Crypto by End of Trump’s Term $1 invested on 6 Oct 2009 (when BTC was first priced) would be worth $13.9m today. They are right to be concerned, as stablecoins — particularly ones such as the rebranded Diem that have the potential for massive network effects — bring new risks to consumers and savers as well as to the global financial system. 26. 98% of my liquid net worth The enterprise blockchain market is expected to reach $21 billion over the next five years MORE INSIGHTS FROM DMEX HERE What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change? Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns I hope said whitepaper stands for something” was one of the top comments in a r/EtherMining thread discussing the Antminer E3 around the time it was announced AxieTree is a lending and borrowing marketplace for Axies What and why? It’s time to mature: We need compliant decentralized finance The findings show that 79% of these professionals expect their auditor to provide an understanding of blockchain’s impact on their business or the financial reporting environment $1 Bitcoin investment beats gold and stocks despite 2020 gainsMARKETS NEWS He has developed proprietary technology in the sector, including the first decentralized finance tool for institutions. Additionally, out of the multiple scams that have been accounted for this year, many of them have reportedly made use of email campaigns impersonating various coronavirus-related official groups — such as the World Health Organization, the Red Cross and the Centers for Disease Control and Prevention — to solicit payments and donations in the form of cryptocurrency. Such is the power of Facebook’s network effect. The pandemic has made things worse What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change? He said: DMEX says it is able to operate without KYC because of how it runs on a smart contract, and positions itself as a compelling alternative to BitMEX. Choon and eMusic, two other streaming platforms, allow artists to crowdfund projects, creating a new revenue stream while generating a monetary investment in the recording and marketing of a song or a full-length project. With Diem, there is also the potential for massive network effects Blockchain to Disrupt Music Industry and Make It Change TuneANALYSIS DeFi has form when it comes to cutting costs, and already removes middlemen for those who are looking to move their cryptocurrencies from A to B He said: Data points to institutions accumulating The data portrays the unwillingness of many retail investors to sell BTC, noting that: “There have been only 16 days since the beginning of this year, in which the BTC Hodler Net Position Change has been negative.” — Jan Nieuwenhuijs (@JanGold_) November 23, 2020 It shows that whales might be leaving BTC on exchanges to sell if the price of Bitcoin rises So, will blockchain technology help shift control and revenue back into artists’ hands? It seems like progress is already being made, but there is also a lot of room for growth, as artists are drawn to relatively higher earnings ETH is also supported as a margin currency along with DAI, a stablecoin that’s pegged on a 1:1 basis with the U.S Most specifically, United States institutions have a narrow selection of investment vehicles that can be used to gain exposure to Bitcoin According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. Diem, formerly known as Libra, is the most high-profile stablecoin Additionally, Accenture and the Digital Dollar Foundation released a Digital Dollar white paper on May 27, which provides key findings on a U.S Source: Binance Helping build out blockchain systems This is an infinite game. The AUM of Grayscale is a decent metric to gauge institutional activity BTC has shown little volatility since May, following a critical rejection at $10,440 Secure wallet storage, good corporate governance and controls, Anti-Money Laundering, data protection, tax compliance, and cybersecurity are all well-known risks that must be managed The platform is set to launch on June 28, and it will also seek to allow listeners to capitalize on their musical insight by buying and trading music royalty shares on a secondary market While platforms such as Viberate already feature over 450,000 artists, which is an impressive feat, industry giants are also trying out new blockchain-based incentive models — most noticeably, one of the three major labels in the industry, Warner Music Group When asked about his company’s post-PoW plans for Ethereum, Heller told Cointelegraph that F2Pool launched a sister company called stake.fish earlier in 2018, following the Ethereum PoS upgrade announcement Considering the general momentum of BTC, alongside increasing institutional interest, BTC bulls still have a good chance of breaking through the key $19,500 and $20,000 resistances. dollar-backed stablecoin We hit 2.5 BTC when the price was tapping $20k One such case is the software developed for Embily — a universal banking application for Android and iOS platforms that boasts an intuitive and user-friendly interface If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. This is why global regulators are so concerned. Related: Why institutions suddenly give a damn about Bitcoin Source: Coinalyze.net With effective regulation taking place in multiple jurisdictions and institutional investors making the market more effective, crypto is more mature than ever I have taken form as the first social NFT to share that gospel of Truth. In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. Professional service giants like the Big Four are innovating in the blockchain and crypto space Indeed, Ethereum will move away from mining in the future A striking aspect of CipherTrace’s above-mentioned report involves the “exponential” rise of funds being sent to high-risk exchanges from United States-based Bitcoin ATMs rather than lower-risk entities such as established crypto exchanges Furthermore, some nations such as Denmark, Switzerland and Japan use negative interest rates to boost the economy Whether the buyer demand from institutions and their Time-weighted Average Price (TWAP) algorithms would counter the selling pressure from whales would likely dictate the short-term price cycle of BTC. “Knowing the amounts related to the various fraud happening as a whole has its importance but the most important aspect is addressing how to solve them and providing entities with the tools and solutions to do so.” According to Treat, the report includes recommendations on critical configurable design choices and technology as well as eight potential use cases. In comments today on Twitter Larry Sukernik, the head of investments at Grayscale parent company Digital Currency Group, cautioned platforms like Polkadot not to take developer migration for granted: The state of the world economy has pushed institutional investors to look for alternative methods of investment According to NonFungible.com, NFTs have attracted a trading volume of $9.5 million over the past month Related: Ethereum 2.0 Staking, Explained It was the eight-month high since the March great sell-off Warner announced that they would start creating digital tokens using a public blockchain backed by the creator of CryptoKitties. By having third-party validators go through the code — attesting to its integrity, functionality and reliability — the bar would be raised, making these projects more competitive and safer for investors. Why are audits important? The infrastructure and ecological investments come after Polkadot creator Gavin Wood argued on Thursday that Polkadot and Ethereum can co-exist While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied This could indicate that whales could sell more BTC in the foreseeable future U.S Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to retest the key $20,000 level and a new all-time high in the near future. Naturally, scammers have recognized this fact and are trying to seize this opportunity by devising novel ploys — promising high returns on various crypto-related offerings such as binary options, trust trading, etc By building guardrails and layered security measures, users are given the option of increasing, or decreasing, their risk tolerance threshold On futures exchanges like BitMEX, buyers often borrow capital with a leverage of up to 100x to place a long contract on Bitcoin Second, The $19,500 level is a massive resistance level for BTC The Bitcoin hash rate recovering so quickly after the rainy season is an optimistic trend because it suggests that miners are likely expecting the price of BTC to rise in the medium term. The public fintech and digital asset company is the parent company of the OSL digital asset platform Low-risk instruments, such as savings accounts and high-quality bonds like U.S Compared with the general market, the digital asset industry has been developing at a much faster pace, with multiple reasons behind this phenomenon Is it enough to make an impact? CT: Back in Second Life’s heyday, there were real-life marriages that came about as a result of in-game interactions Loyalty schemes top this list In this instance, the music industry, which has too often been dominated by gatekeepers, will go under the microscope While the distributed ledger system created alongside Bitcoin has a powerful use case in the realm of currency and assets, in which value can now be digitally transferred without any middlemen or risk of duplication because ownership is immutable and provable, these same applications can be translated into many other industries beyond finance. This is why global regulators are so concerned. In the short term, analysts see weakness in BTC and other leading cryptocurrencies due to external variables like the COVID-19 pandemic. Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst Rising hashrate brings all macro factors together The overall objective is not to build the project that wins the short-term war but to build an industry that changes the lives of everyone, for the better, along with the way we do finance and wealth management — the way these are accessed by everyone, without unnecessary third parties or unbridled knee-jerk regulation In this ecosystem, automated shopping making brings together pools of goods created by many suppliers Ideally, investors will monitor a couple of exchanges simultaneously to avoid eventual anomalies. dollar is showing signs of a possible recovery. Choon, for example, offers listeners rewards for curating personalized playlists, and Viberate rewards fans with its native VIB tokens for contributing to its database of artists, venues and events Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. Once the user has been validated, all other projects within the same trust channel — i.e., a group of virtual asset service providers, or VASPs, that have agreed to follow the same set of rules and to collaborate within a well-delineated platform — can give that user access to products and services without having to redo the entire KYC process I hope that the wider Axie community will shower me with love According to the data from Blockchain.com, the Bitcoin blockchain’s hashrate has recovered in recent weeks following the biggest downward difficulty adjustment since 2011. As Deloitte’s annual survey revealed, 55% of leaders say this technology is critical to the future of their operations — so much so that it’s in their top five strategic priorities. Although BitMEX’s co-founder and former chief technical officer Samuel Reed has signed a $5 million unsecured appearance bond to secure his release from custody, three other executives “remain at large.” In March 2020, the price of Bitcoin dropped below $3,600 on several major futures exchanges Related: Financial literacy will make the digital asset industry sustainable for the future More specifically, they are randomly selected with the consideration of users’ wealth in the network, or their “stake.” In other words, the more coins PoS validators choose to stake, the more coins they accumulate as a reward. With Diem, there is also the potential for massive network effects Regions with a growing interest in blockchain solutions in the industry Blockchain-based ecosystem to decentralize banking services globally Moreover, professional services providers have released a number of detailed reports on blockchain and digital assets Read more: OCC Chief Hints at Coming ‘Good’ Actions on Crypto by End of Trump’s Term Although the recent volumes have been above average, traders should remain skeptical of significant price swings below $3 billion in daily volume, especially considering the past 30 days. The less credible a project is — especially in comparison with, for example, compliant, audited projects — the less capital and user base will flow toward it “The fact that whales don't withdraw means that $BTC is available for selling In comments made at the Polkadot Decoded summit, the programmer, who also co-founded Ethereum, dismissed the idea that there is only enough room for one layer-1 protocol. Its report said that customers now expect rewards that are tailored around their personal tastes, and younger shoppers want their favorite brands to use technology that delivers a frictionless experience. Huobi Global looks to become key player in Polkadot ecosystem The performance of BTC over the next several weeks could hint at its price trend throughout the year’s end. This could indicate that whales could sell more BTC in the foreseeable future “If you look at all exchanges inflow mean(144-block MA), it hit over 2 BTC a few hours ago Being able to demonstrate how these technologies achieve their objectives in a well-controlled environment is critical to a successful blockchain strategy Education as a key factor to raise awareness Additionally, Accenture and the Digital Dollar Foundation released a Digital Dollar white paper on May 27, which provides key findings on a U.S Once Ethereum runs fully on the PoS rails, miners will have two options Uquid is aiming to establish a bridge between DeFi and e-commerce through Defito, a new ecosystem featuring concepts that haven’t been seen in the retail sector before. When the May 11 block reward halving occurred, analysts anticipated the hashrate of the Bitcoin blockchain network to fall sharply, since the event caused the amount of BTC mined to drop by half, thereby decreasing the revenues of most miners by up to 50% overnight. Rising hashrate brings all macro factors together Bitcoin weekly chart (Binance) As Cointelegraph reported earlier this week, the Grayscale Bitcoin Trust bought 55,000 BTC in November, or double the amount of the total BTC mined that month In one click, these users can stake up to 1,000 ETH — with the firm’s system automatically assigning their crypto to nodes with the best reputation. As I’m saying this. The XRP price seems to be unaffected by the news, trading up 1.62% at $0.221, according to Coin360. Sponsors are also reportedly granted an invite to Huobi’s annual conference, as well as to other offline events. Such a situation, also known as backwardation, indicates strong bearishness. Gold's having its best year since 2010 Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs dollar is showing signs of a possible recovery. Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund manager Although BitMEX’s co-founder and former chief technical officer Samuel Reed has signed a $5 million unsecured appearance bond to secure his release from custody, three other executives “remain at large.” Smart contracts, smarter shopping ANote Music, a Luxembourg-based startup, announced earlier this week that it will launch a blockchain-based platform that will give artists a new way of accessing capital by allowing users to invest in music royalties Axia: First - I am a big believer in value-add efforts The future is looking bright for Ankr The process is automatic and immediate, delivering much-needed enhancements that eliminate some of the flaws associated with loyalty schemes right now. Alejandro De La Torre, the vice president of Poolin — the sixth-largest pool for ETH — confirmed to Cointelegraph that “GPU mining is still dominant” for the Ethereum network, adding: Some long-time Bitcoin investors, who had gold positions for prolonged periods, have also started to allocate their capital fully into BTC Typically, when the price of Bitcoin sees a large correction, it is triggered by the capitulation of overleveraged buyers Whales selling below the all-time high is the one key reason Bitcoin is experiencing massive volatility each time it nears $19,500. While platforms such as Viberate already feature over 450,000 artists, which is an impressive feat, industry giants are also trying out new blockchain-based incentive models — most noticeably, one of the three major labels in the industry, Warner Music Group According to Treat, this use case demonstrates how DLT can be applied for track-and-trace supply chain work, which is relevant for personal protective equipment being used during the current pandemic, adding: Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021. OKEx BTC top traders long-to-short ratio 3 Uquid believes that DeFi can help e-commerce businesses grow quickly and reach a broader cross-section of customers around the world “At present, the profit of ETH mining is not high, and the management threshold and cost of GPU devices are higher than that of Asic devices Currently, the RSI of Bitcoin is hovering at 75, which means that it is not yet in overbought territory. So, their hash rate is much higher, and energy efficiency is better than the previous generation All of this can help make loyalty programs clearer and more transparent You should conduct your own research when making a decision. Ankr’s enthusiasm for proof-of-stake networks is palpable — and the company says the launch of Ethereum 2.0 is shaping up to be one of the most significant events in the crypto industry Arslanian explained: Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs Meanwhile, MicroStrategy, the $3 billion business intelligence conglomerate, has just bought an additional $50 million in Bitcoin at the current price level, which yet another optimistic factor for Bitcoin Related: Corporate disclosure is the only way to get crypto institutionalized Ujo, a New York-based company, provides a decentralized database of music ownership where artists can not only upload their works and earn 100% of their sales and tips with no fees but also automatically split payments with collaborators of each project The future is looking bright for Ankr These are volumes, the futures premium, and top traders' positions at major exchanges. Secure wallet storage, good corporate governance and controls, Anti-Money Laundering, data protection, tax compliance, and cybersecurity are all well-known risks that must be managed The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California The darknet provides an environment that is attractive, lucrative and, for the most part, safe for illegal drug traffickers Terms of Services and Privacy Policy More specifically, they are randomly selected with the consideration of users’ wealth in the network, or their “stake.” In other words, the more coins PoS validators choose to stake, the more coins they accumulate as a reward. 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 I hope that the wider Axie community will shower me with love Historically, bull runs in the cryptocurrency market coincided with an increase in HODL activity However, that’s not exactly the case here The funding rate might bring some distortions as it's the preferred instrument of retail traders and, as a result, is impacted by excessive leverage Huobi Global looks to become key player in Polkadot ecosystem Hence, many investors might be expecting the price of BTC to see a prolonged uptrend in the medium term. The alliance is currently accepting applications from developers building on Polkadot Network or Substrate. The large mining centers based in Sichuan, China, remain largely profitable Under a section on financial stability, Waters wrote that the Financial Stability Oversight Council and Office of Financial Research should publish their analysis on developments and the existing regulatory framework around digital assets and distributed ledger technology. Waters also is recommending that similar guidance by the OCC that allowed federally chartered banks and federal savings associations to provide cryptocurrency custody services for customers be rescinded. Technically, the bearish scenario for Bitcoin in the upcoming days revolves around the $18,500 support level A substantial part of GPU rig owners seemed to have suffered from loss of profits once ASICs were plugged in, while some were even forced to switch over to different networks Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency Low-risk instruments, such as savings accounts and high-quality bonds like U.S The XRP price seems to be unaffected by the news, trading up 1.62% at $0.221, according to Coin360. To start with, Bitcoin’s supply that has not moved for over a year has hit an all-time high, standing at 61% Better yet, people should be able to grow financially, regardless of the central bank that governs a specific currency or determines monetary policy. Built on R3’s open-source Corda platform, the solution reduces the need for physical billing in addition to invoice financing time while preventing fraudulent activity The crypto space is an incredible, albeit risky, learning environment Many VASPs have dramatically improved their security posture, making it harder for hackers to steal from the platforms themselves.” Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios ANALYSIS The state of the world economy has pushed institutional investors to look for alternative methods of investment Losing $18,500 = likely $16K tests.” $2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined Gold's having its best year since 2010 New revenue sources for artists Madden further noted that it’s complex for a digital asset firm to undergo an audit, mentioning that it specifically involves valuation methodology and proof of control, covering both cash and digital assets I understand hoomans throughout history have often worshipped higher beings, but I don’t require such honorifics Blockchain technology already allows musicians to tap into another key category for independent artist revenue: highly engaged communities. However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light As more and more traditional organizations take to crypto — like Square and PayPal — the opportunity to rise to the challenge is ours; it’s up to those who know the space, who understand its core values and want to see it become much more than a well-kept secret 2021 BTC futures premium The world's first social media-managed NFT shares its views and plans with Cointelegraph “Providing accounting services for crypto clients and businesses is a good place to start Inevitably, some of these costs end up being passed on to customers, meaning that they’re paying much more for items than they may have done in a decentralized setting. dollar that can help provide protection against price volatility. Is it enough to make an impact? I hope that my being as an NFT can help bring positive human interactions full of love and harmony. Regulators are now working to address these concerns This is a net positive for the Ethereum ecosystem.” ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert It’s time to mature: We need compliant decentralized financeOPINION Once Ethereum runs fully on the PoS rails, miners will have two options The less credible a project is — especially in comparison with, for example, compliant, audited projects — the less capital and user base will flow toward it However, OPUS claims that the open-source decentralized music platforms of the future should not just focus on increasing the musicians’ final share in the royalties, but also educate them on applicable aspects of financial literacy. ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert Bitcoin hash rate rebounds after huge difficulty drop Uquid believes that DeFi can help e-commerce businesses grow quickly and reach a broader cross-section of customers around the world To help users get the hang of the DMEX interface, demo trading accounts are available where strategies can be put through their paces using test funds. The growing hash rate of the Bitcoin blockchain is another potential catalyst for BTC heading into 2021. The AUM of Grayscale is a decent metric to gauge institutional activity Heavy accumulation of Bitcoin In one click, these users can stake up to 1,000 ETH — with the firm’s system automatically assigning their crypto to nodes with the best reputation. Treat further noted that another project with Hyperledger is in the incubation stage, mentioning the company has 160 blockchain patents Brands pretending to be sentient isn’t anything new, but NFTs doing the same could very well be So, what is the current state of ETH mining, and what exactly will happen to the industry as a result of the upcoming transition? In the medium to long term, the inflow of institutional capital into Bitcoin could lead to two key trends. The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. Another key metric savvy investors monitor is the top traders' long-to-short ratio that can be found at leading crypto exchanges. Empowering artists 3 “Your appointed officials at the Office of the Comptroller of the Currency (OCC) must also not assume, as their predecessors have, that a law Congress passed over 150 years ago somehow gives, them authority to provide a national bank charter to non-bank fintech or payment companies,” she wrote. $1 invested five years ago is now worth $44.43, while $1 of gold is worth $1.67, according to Woo’s figures. Raoul Pal, the CEO of Real Vision Group, for example, pointed out that technicals suggest BTC is at risk of seeing a correction 15 to Nov With that said, monitoring the funding rate, spot volumes, and the top traders’ long-to-short ratio provides a much clearer view of the market than simply reading candlestick patterns and general oscillators like the Relative Strength Index and Moving Average Convergence Divergence. This wasn’t the first time Bitcoin (BTC) crashed, and it won’t be the last. 1 as planned — and the Stkr mainnet deposit contract has now been released. The crypto space is an incredible, albeit risky, learning environment Nick Foster, a representative for United States-based mining equipment dealer Kaboomracks, told Cointelegraph that most ETH miners will pick the latter option: Bitcoin rally keeps stalling at $19,500 A decentralized anonymous margin trading exchange says it doesn’t require Know Your Customer checks — meaning users can begin trading as soon as they’ve generated a wallet. Milne stated: “Similar levels of HODL last seen during a 3-month consolidation at around $400 before starting a two year bull run [...] Guesstimate that this cycle will peak around 70%?” Institutional investors consistently invest in Bitcoin Platinum has several case studies that powerfully illustrate its expertise Why are regulators and central banks so concerned about stablecoins? And is there a role for them? The paper highlighted risks to “monetary policy,” “financial stability,” “the international monetary system” and “fair competition.” Huobi’s investments follow a pair of similar announcements from Polkadot on Thursday With an attestation framework, projects can verify and comply with existing AML regulatory requirements and attract institutional capital while protecting users’ privacy by not requiring them to create copies of their personally identifiable information. There is a worldwide crisis when it comes to generating returns from the traditional market’s safe assets By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level. Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges. As I’m saying this. Low-risk instruments, such as savings accounts and high-quality bonds like U.S These regulations are welcome The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative At present, someone can only become a validator on ETH 2.0 if they have 32 ETH to stake Ghosh further noted that the firm has seen increasing interest in the use of blockchain in combination with other technologies such as IoT, AI and machine learning Therefore, those traders will be the ones paying up the fees. Naturally, scammers have recognized this fact and are trying to seize this opportunity by devising novel ploys — promising high returns on various crypto-related offerings such as binary options, trust trading, etc Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges. At the same time, the gold market has seen large outflows in recent weeks There’s just one problem: blockchain is complicated and it takes immense expertise to build one of these networks from the ground up Compared with the general market, the digital asset industry has been developing at a much faster pace, with multiple reasons behind this phenomenon Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund managerMARKET ANALYSIS MORE INSIGHTS FROM PLATINUM HERE Ripple subsequently moved to dismiss the case in September, stating that the court need not resolve whether XRP is a security Notably, a Bitmain representative previously told Cointelegraph that the mining hardware giant doesn’t plan to extend Antminer E3’s lifespan to operate after October 2020: “As far as we know, mining will approximately end during October or sometime after this.” Additionally, out of the multiple scams that have been accounted for this year, many of them have reportedly made use of email campaigns impersonating various coronavirus-related official groups — such as the World Health Organization, the Red Cross and the Centers for Disease Control and Prevention — to solicit payments and donations in the form of cryptocurrency. Bull run ahead?” U.S Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations Institutional investors consistently invest in Bitcoin “What’s annoying about this price action for me is that if my bids don’t get hit I’m forced to long the breakout, which at this point puts me around 19.7k or higher Meaning my entry isn’t safe from a pullback unless there’s an epic (read: 10%+) impulse move from that level.” Full transparency Looking at the Miners' Position Index, miners are selling BTC pretty heavily.” In one click, these users can stake up to 1,000 ETH — with the firm’s system automatically assigning their crypto to nodes with the best reputation. The same can be said for listeners that can now even themselves enjoy incentives through some of these decentralized platforms. Thanks for your time, I’m sure that you’re busy A system like this could also enable individuals and entities who are excluded from traditional banking, savings and trading ecosystems due to geopolitical reasons to invest in yield-bearing products, alternatives to lending and high-interest accounts The AUM of Grayscale is a decent metric to gauge institutional activity And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities Bitcoin has seen strong momentum throughout the past three months, barely seeing major corrections. It is understandable - to own me means that he is the sole, verifiable owner of me Regulators are now working to address these concerns Madden further noted that it’s complex for a digital asset firm to undergo an audit, mentioning that it specifically involves valuation methodology and proof of control, covering both cash and digital assets Sostack allegedly bought his XRP from an unknown third party through an exchange in January 2018 Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst Heavy accumulation of Bitcoin Consequently, miners have less incentive to sell large amounts of BTC in the near-term to cover costs Blockchain-based music streaming platforms are trying to tackle this very problem During previous bull cycles, it's not uncommon for BTC to see 30% pullbacks, and the recent run is yet to post a major downturn A block reward halving occurs every four years until the fixed supply of Bitcoin at 21 million gets reached. If a private business — no matter how large — had taken the same position in crypto, it wouldn’t be a major news story like MicroStrategy’s. So, will blockchain technology help shift control and revenue back into artists’ hands? It seems like progress is already being made, but there is also a lot of room for growth, as artists are drawn to relatively higher earnings Some long-time Bitcoin investors, who had gold positions for prolonged periods, have also started to allocate their capital fully into BTC Rising hashrate brings all macro factors together Related: Financial literacy will make the digital asset industry sustainable for the future But, given that the amount of BTC held by whales did not increase, it suggests the BTC market became less concentrated with new entrants. Small businesses selling their wares through these online shopping giants can often end up paying commission fees of 15% to 20%, eating into razor-thin profit margins How DeFi can improve the e-commerce sector This means that users have the freedom to sell or spend their staked assets, or use them in DeFi applications, at any time. With the retail sector suffering through one of the most challenging times seen in a generation, here are the main issues facing e-commerce right now… and how DeFi could fix them. According to The Nilson Report, $32 billion was lost to card fraud in 2019, and it’s an issue that’s set to stubbornly remain throughout the 2020s. If Waters and the three Democratic sponsors of the bill – Rashida Tlaib (D-Mich.), Jesús “Chuy” García (D-Ill.) and Stephen Lynch (D-Mass.) – are indeed intent on rolling back the OCC’s pro-crypto guidance as a way to undo what they perceive as Trump’s legacy, an assertion earlier Friday by Brooks that “we’re very focused on not killing (crypto innovation)” may prove hollow. The report adds that new platforms will have room to grow: “It will certainly take time for the majority of ETH1 to transition into ETH2 — potentially years not months As Deloitte’s annual survey revealed, 55% of leaders say this technology is critical to the future of their operations — so much so that it’s in their top five strategic priorities. Our goal should be to increase the number of users — i.e., encourage mass adoption — and attract traditional markets and nontechnical investors Sudden shifts to the negative range indicate a strong willingness to keep short positions open “I can’t imagine how much of a dork I would be if I found a five-year lease with $0.04 power, and I was mining ETH and I decided to sell everything and just keep paying my lease so I could stake ETH as a replacement.” Every trader has their own system, and some will only act if three or more bearish conditions are met, but there is no set rule for knowing when to buy or sell. From March 2020, the assets under management of the Grayscale Bitcoin Trust rose from $1.577 billion to $3.541 billion In 2019, Cointelegraph reported several use cases of blockchain applied in the music industry such as the global media giant Warner Music Compared with Asic devices, however, GPU devices are more flexible as in, you can switch to other coins with different algos.” So, how is blockchain changing the music industry? One of the, if not the, most noticeable of its effects is the ability to remove middlemen from the process of music sales and streaming Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl TradeNEWS Before moving to Canada, he served as vice president and legal counsel for an oil and gas company based in Mexico City Indeed, Diem is widely credited with adding rocket fuel to central banks’ hitherto tepid investigations into central bank digital currencies, or CBDCs Blockchain-based ecosystem to decentralize banking services globally Loyalty schemes top this list Of course, there are 18 other Triple Mystic Axies -- and 3 Quad Mystics, even -- but it is the combination of all those things that make me, Axia, the greatest of all Arslanian explained: It demonstrates the lack of appetite to sell BTC at the current price level The report predicts that blockchain’s role in the music industry will be especially notable in emerging economies such as China, Brazil, India and Russia, despite the dominance of mainstream platforms such as Spotify, Apple, Amazon and Google. Being able to demonstrate how these technologies achieve their objectives in a well-controlled environment is critical to a successful blockchain strategy The network launched a decentralized finance-focused alliance whose founding members include oracle provider Chainlink and layer-two network Plasm. Bitcoin hash rate rebounds after huge difficulty drop ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoSANALYSIS Additionally, out of the multiple scams that have been accounted for this year, many of them have reportedly made use of email campaigns impersonating various coronavirus-related official groups — such as the World Health Organization, the Red Cross and the Centers for Disease Control and Prevention — to solicit payments and donations in the form of cryptocurrency. Bull run ahead?” Every investment and trading move involves risk “If Ethereum ends up being a chain that is sort of bridgeable [...] I think that there’s a very good chance that Polkadot and Ethereum will happily coexist,” said Wood. Madden elaborated on the importance of audits, saying: ANote Music, a Luxembourg-based startup, announced earlier this week that it will launch a blockchain-based platform that will give artists a new way of accessing capital by allowing users to invest in music royalties Fortune Global 500 company, Accenture, is also working on a number of blockchain solutions with senior managing director and global blockchain lead, David Treat, telling Cointelegraph that the firm is focused on using blockchain systems to drive digital identity, supply chain management and financial infrastructure. Safe assets are in a worldwide crisis It’s good for both the crypto ecosystem and for professional services firms like ours as a new source of clients that we can help.” The public company first announced its purchase of $250 million worth of BTC on Aug The music streaming industry has certainly come as a stark improvement, providing a cost-efficient and user-friendly alternative to piracy, allowing artists to receive royalties for their work Withdrawals from DMEX can be made as soon as trades are recorded on the blockchain — and the platform says confirmations normally take no longer than 30 seconds. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Sponsors are also reportedly granted an invite to Huobi’s annual conference, as well as to other offline events. Axia: That’s interesting to think about, but I’m really not sure Providing his insights on the matter, Jefferies stated that part of the reason for the increasing use of BATMs by money launderers, such as in the Kunal Kalra case, is their increasing ubiquity across the U.S BC Group CEO, Hugh Madden, told Cointelegraph that PwC has served as the company’s official auditor for two years now A block reward halving occurs every four years until the fixed supply of Bitcoin at 21 million gets reached. Commenting on the issue of how companies can best limit the spread of crypto-related scams, Aleksander stated that despite most social media platforms and messengers attempting to come down more seriously and limit such nefarious schemes, there are still many challenges that have yet to be tackled successfully Heavy accumulation of Bitcoin Related: Institutionalize crypto markets now: There must be compliance controls Opus, for example, leverages two different peer-to-peer networks to remove middlemen completely and provide a fully decentralized streaming platform Being able to demonstrate how these technologies achieve their objectives in a well-controlled environment is critical to a successful blockchain strategy Alejandro De La Torre, the vice president of Poolin — the sixth-largest pool for ETH — confirmed to Cointelegraph that “GPU mining is still dominant” for the Ethereum network, adding: Lastly, CipherTrace officials claim that of the $1.36 billion in crypto stolen so far this year, 98% of the total value — nearly $1.3 billion — can be attributed to fraud and misappropriation rather than to hacks and direct thefts. While Bitcoin mining has become almost entirely reliant on ASICs — large, loud machines designed specifically for cryptocurrency mining that are mostly clustered in regions with cheap electricity — Ethereum’s PoW hashing algorithm, called Ethash, has been designed to favor GPU units issued by global chipmakers like Nvidia and AMD In recent years, the research observed a “substantial” increase in the cashflows payable on the grounds of royalty-related contracts in the entertainment and media industries. How should I refer to you? “Your highness?” As a NFT, it occurs to me that you’re immortal, so godlike — “your divinity?” Related: Financial literacy will make the digital asset industry sustainable for the future Cointelegraph previously reported that according to Ciphertrace’s report on Anti-Money Laundering, almost all drugs sold on darknet marketplaces are purchased with cryptocurrencies Deutsche Bank has also warned that cash’s days are numbered, and criticized the likes of Visa and Mastercard in a recent report Low-risk instruments, such as savings accounts and high-quality bonds like U.S Other top ETH mining pools, namely Nanopool, Ethermine, Mining Pool Hub, SparkPool and SpiderPool, have not responded to Cointelegraph’s requests for comment.