NFT 'art change': Beeple on his 5040 day labor of love
NFT 'art change': Beeple on his 5040 day labor of love Title: NFT ‘art revolution’: Beeple on his 5040 day labor of love Sourced From: cointelegraph.com/magazine/2021/02/16/nft-artist-beeples-mammoth-5040-day-artwork Published Date: Tue, 16 Feb 2021 23:14:52 +0000 2021's Most Anticipated Growth Wealth-Building Opportunity Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Clint Lewis Clint Lewis –Business I am Clint Lewis I have finished my four-year college education in English writing and I hold a master’s degree in Business from Stanford University. Writing about business and finance is in great interest. I have great command overwriting due to my five-year experience which incorporates articles, web... Read the latest cryptocurrency news here https://allthetopnews.com NFT ‘art revolution’: Beeple on his 5040 day labor of love https://www.scoop.it/u/all-the-top-news Title: NFT ‘art revolution’: Beeple on his 5040 day labor of love Sourced From: cointelegraph.com/magazine/2021/02/16/nft-artist-beeples-mammoth-5040-day-artwork Published Date: Tue, 16 Feb 2021 23:14:52 +0000 2021's Most Anticipated Growth Wealth-Building Opportunity Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Clint Lewis Clint Lewis –Business I am Clint Lewis I have finished my four-year college education in English writing and I hold a master’s degree in Business from Stanford University. Writing about business and finance is in great interest. I have great command overwriting due to my five-year experience which incorporates articles, web substances, and web journals. I generally love to play with work, in both my profession and education. I additionally had teaching experience of 2 years at the eminent college to show business and specialized composition and presently, I am working as an educator and preparing writer and creator. I am unimaginably social, and I love to travel and investigate the world. Watch more of our crypto news videos here: https://www.youtube.com/channel/UCDY5ELIhng2g0PzrEgxRJfQ #cryptonews #cryptocurrency #cryptomarkets Check out these cryptocurrency videos Exactly How are the fees on the Ethereum network computed? Crypto And Ether https://vimeo.com/beessocial/ethereumfees What is Cryptocurrency and Decentralized Finance? https://vimeo.com/508106986 Source: https://allthetopnews.com/nft-art-revolution-beeple-on-his-5040-day-labor-of-love/ https://www.youtube.com/watch?v=WImG-OlGr0Q NFT 'art change': Beeple on his 5040 day labor of love was originally published here https://allthetopnews.blogspot.com/2021/02/nft-art-change-beeple-on-his-5040-day.html NFT 'art change': Beeple on his 5040 day labor of love was originally published here https://aliciagainey.blogspot.com/2021/02/nft-art-change-beeple-on-his-5040-day.html
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Is a retail frenzy triggering the Bitcoin futures markets' too much take advantage of?
Is a retail frenzy triggering the Bitcoin futures markets' too much take advantage of? Bitcoin (BTC) breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this apparent incongruence. Options skew remained neutral-to-positive When analyzing options, the 25% delta skew is the single-most relevant gauge. This indicator compares similar call (buy) and put (sell) options side by side. It will turn negative when the put options premium is higher than similar-risk call options.... Take a look at the latest cryptocurrency news reports here https://allthetopnews.com Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? https://www.scoop.it/topic/cryptocurrency-news-by-all-the-top-news Bitcoin (BTC) breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this apparent incongruence. Options skew remained neutral-to-positive When analyzing options, the 25% delta skew is the single-most relevant gauge. This indicator compares similar call (buy) and put (sell) options side by side. It will turn negative when the put options premium is higher than similar-risk call options. A negative skew translates to a higher cost of downside protection, indicating bullishness. The opposite holds when market makers are bearish, causing the 25% delta skew indicator to gain positive ground. Deribit 30-day BTC options 25% delta skew. Source: laevitas.ch A skew indicator between -10% (slightly bullish) and +10% (somewhat bearish) is considered normal. Over the past three months, there hasn’t been a single occurrence of a 10% or higher 30-day skew, which is usually considered a bearish event. This data is very encouraging, considering that Bitcoin saw a 24% correction on Jan. 11, in addition to a 19% sell-off 10 days later. Yet, there is no evidence that options traders demanded more significant premiums for downside protection. Futures premium held excessive-optimistic levels By measuring the expense gap between futures and the regular spot market, a trader can gauge the level of bullishness in the market. The three-month futures usually trade with a 6% to 20% annualized premium (basis) versus regular spot exchanges. Whenever this indicator fades or turns negative, this is an alarming red flag. This situation is known as “backwardation” and indicates that the market is turning bearish. On the other hand, a sustainable basis above 20% signals excessive leverage from buyers, creating the potential for massive liquidations and eventual market crashes. March 2021 BTC futures premium. Source: NYDIG Digital Assets Data The above chart shows that the indicator bottomed at 1.5% on Jan. 27 but later reverted to 4.5% and higher as Bitcoin rebounded above $35,000. Even during its darkest periods, the futures premium held above 10% annualized rate, indicating optimism from professional traders. Meanwhile, the current 5.5% level, equivalent to a 50% annualized rate, indicates excessive buyers’ leverage. Perpetual futures (inverse swaps) could be the root of this issue, and retail traders more widely use those contracts. Weekly BTC perpetual futures funding rate. Source: NYDIG Digital Assets Data Take notice as the funding rate has exceeded 2.5% per week, thus more than compensating the 50% annualized premium of the March contracts. Therefore, arbitrage desks and market makers are likely happy to pay such a hefty premium on fixed-month contracts while simultaneously shorting the perpetual future and profit from the rate difference. To conclude, this movement perfectly explains why options markets are relatively neutral while futures markets show excessive buyers’ leverage. While institutional clients and whales dominate options volumes, retail traders seem to be the root of such a mismatch. author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Title: Is a retail frenzy causing the Bitcoin futures... https://www.youtube.com/watch?v=OPPNg_THaoo Is a retail frenzy triggering the Bitcoin futures markets' too much take advantage of? was originally published here https://allthetopnews.blogspot.com/2021/02/is-retail-frenzy-triggering-bitcoin.html Is a retail frenzy triggering the Bitcoin futures markets' too much take advantage of? was originally published here https://aliciagainey.blogspot.com/2021/02/is-retail-frenzy-triggering-bitcoin.html
Ledger Nano X Reviews - The Top Cryptocurrency Hardware Wallet With Bluetooth Security
Ledger Nano X Reviews - The Top Cryptocurrency Hardware Wallet With Bluetooth Security Ledger Nano X Reviews - Easiest to Use Crypto Hardware Wallet - Secure and Manage Your Bitcoin, Ethereum, ERC Crypto https://link.ws/crypto2 Slick and basic, very easy to use, great value and shipping was extremely quickly. The first hardware Wallet i purchased, it is worth the money. It little look just like a typical usb Easy to use, very security, just you own your private key. Regrettably the ledger live app does not support the ADA wallet yet. Hopefully it will upgrade quickly. Ledger Nano X Reviews - Simplest Cryptocurrency Hardware Wallet - Secure and Manage Your Bitcoin, ERC Crypto https://storage.googleapis.com/cryptocurrencywallets/index.html Finest way to keep cryptos safe in your own hands off the network. Ledger Nano X fasted to transfer my bitcoin, Ethereum, and bitcoin money. took a little while to establish but that is simply me. I feel much better not having my crypto on an exchange or the web in general. Ledger Nanon X Security functions are excellent. The mobile app is easy to use too, I likewise utilize a mac desktop. Never ever required tech support. Fantastic device for storing bitcoin and other online assets. It is tedious to establish initially, however this is to secure you and what could be a big quantity of cash with Ledger Nano X. I have actually never ever had any problems receiving or sending coins. Its only challenging to utilize if you cant take the time to read a little handbook for the Ledger Nano. Crypto News https://dailynewssheet.com/category/cryptocurrency-news/ Click on this link to register for our totally free Beginners Crypto Lessons http://CryptoLessons.live https://www.youtube.com/playlist?list=PLN-1P-BvLgAiALVg-Gc9wb7I0hK6Wso6Z #cryptocurrency #cryptohardwarewallet What Is BEES.Social https://vimeopro.com/beessocial/cryptocurrency-course/video/508116498 Cryptocurrency wallet Enjoy genuine ownership and control over your crypto with the security of our Hardware Wallet Journal Hardware wallet integrated with Ledger Live enables you to secure and manage all your crypto. Owning crypto has never ever been so easy and safe. Watch more Cryptocurrency Hardware Wallet Reviews: https://www.youtube.com/watch?v=PIaEg1EqNYk As an Amazon and Ledger Partner I make from qualifying purchases. Thank you for supporting us. Watch Video Ledger Nano X Reviews - The Top Cryptocurrency Hardware Wallet With Bluetooth Security was originally published here https://allthetopnews.blogspot.com/2021/02/ledger-nano-x-reviews-top.html Ledger Nano X Reviews - The Top Cryptocurrency Hardware Wallet With Bluetooth Security was originally published here https://aliciagainey.blogspot.com/2021/02/ledger-nano-x-reviews-top.html
Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches
Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches The price of Cosmos’ ATOM has increased 240% since the beginning of February as excitement builds for the approaching Stargate upgrade on Feb. 18 that will help connect all Cosmos-based chains together using Inter-Blockchain Communication (IBC). Data from Cointelegraph Markets and TradingView shows that ATOM was trading at a price of $7.83 on Feb. 1 before a series of positive announcements, including the ability to stake ATOM on Binance, helped lift the token to a new all-time high of $26.68 on Feb. 16.
Stargate has been a much-anticipated upgrade for the Cosmos community, as the introduction of IBC will enable the exchange of transactions of value and data across compatible chains. Cosmos-based blockchains are currently siloed and unable to communicate or interact in a secure way. IBC is expected to help bring the separate chains together into the new Cosmos network ecosystem. Other features included in the upgrade are the Protobuf migration, which helps accelerate front-end development and improve overall blockchain performance, and state sync, which helps new nodes synchronize 200 times faster and participate in consensus in just minutes rather than days. Optimism grows following the delayed release of StargateExcitement for Stargate’s release has been building for months while ATOM price traded flat. Price action began to pick up on Jan. 15 when it was announced that the Stargate launch, which was originally scheduled for Jan. 28, would be postponed until Feb. 18. In the past few days, meanwhile, VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ATOM, prior to the recent price rise. The VORTECS™ score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
As seen in the chart above, the VORTECS™ score began rising from a low of 55 on Feb. 11 to a peak score of 82 on Feb. 14. During that time, ATOM price traded sideways and experienced a brief drop, just as the VORTECS™ score was peaking. The dip was short lived, however, and the price soon began an 80% rally to its new all-time high of $26.68 on Feb. 16. The launch of Stargate represents an important milestone on the Cosmos development roadmap. But the IBC integration is also expected to be followed by separate Tendermint-based projects like Band Protocol and Kava joining the Cosmos network for greater blockchain interoperability. Title: Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches was originally published here https://allthetopnews.blogspot.com/2021/02/cosmos-price-spikes-to-new-all-time.html Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches was originally published here https://aliciagainey.blogspot.com/2021/02/cosmos-price-spikes-to-new-all-time.html
NFT ‘art revolution’: Beeple on his 5040 day labor of love
NFT ‘art revolution’: Beeple on his 5040 day labor of love NFT ‘art revolution’: Beeple on his 5040 day labor of love
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together NFT ‘art revolution’: Beeple on his 5040 day labor of love NFT ‘art revolution’: Beeple on his 5040 day labor of love was originally published here https://allthetopnews.blogspot.com/2021/02/nft-art-revolution-beeple-on-his-5040.html NFT ‘art revolution’: Beeple on his 5040 day labor of love was originally published here https://aliciagainey.blogspot.com/2021/02/nft-art-revolution-beeple-on-his-5040.html
Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage?
Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? Bitcoin (BTC) breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations. Meanwhile, futures and options indicators are misaligned, signaling excessive buyers’ leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this apparent incongruence. Options skew remained neutral-to-positiveWhen analyzing options, the 25% delta skew is the single-most relevant gauge. This indicator compares similar call (buy) and put (sell) options side by side. It will turn negative when the put options premium is higher than similar-risk call options. A negative skew translates to a higher cost of downside protection, indicating bullishness. The opposite holds when market makers are bearish, causing the 25% delta skew indicator to gain positive ground.
A skew indicator between -10% (slightly bullish) and +10% (somewhat bearish) is considered normal. Over the past three months, there hasn’t been a single occurrence of a 10% or higher 30-day skew, which is usually considered a bearish event. This data is very encouraging, considering that Bitcoin saw a 24% correction on Jan. 11, in addition to a 19% sell-off 10 days later. Yet, there is no evidence that options traders demanded more significant premiums for downside protection. Futures premium held excessive-optimistic levelsBy measuring the expense gap between futures and the regular spot market, a trader can gauge the level of bullishness in the market. The three-month futures usually trade with a 6% to 20% annualized premium (basis) versus regular spot exchanges. Whenever this indicator fades or turns negative, this is an alarming red flag. This situation is known as “backwardation” and indicates that the market is turning bearish. On the other hand, a sustainable basis above 20% signals excessive leverage from buyers, creating the potential for massive liquidations and eventual market crashes.
The above chart shows that the indicator bottomed at 1.5% on Jan. 27 but later reverted to 4.5% and higher as Bitcoin rebounded above $35,000. Even during its darkest periods, the futures premium held above 10% annualized rate, indicating optimism from professional traders. Meanwhile, the current 5.5% level, equivalent to a 50% annualized rate, indicates excessive buyers’ leverage. Perpetual futures (inverse swaps) could be the root of this issue, and retail traders more widely use those contracts.
Take notice as the funding rate has exceeded 2.5% per week, thus more than compensating the 50% annualized premium of the March contracts. Therefore, arbitrage desks and market makers are likely happy to pay such a hefty premium on fixed-month contracts while simultaneously shorting the perpetual future and profit from the rate difference. To conclude, this movement perfectly explains why options markets are relatively neutral while futures markets show excessive buyers’ leverage. While institutional clients and whales dominate options volumes, retail traders seem to be the root of such a mismatch. author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Title: Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage?
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? was originally published here https://allthetopnews.blogspot.com/2021/02/is-retail-frenzy-causing-bitcoin.html Is a retail frenzy causing the Bitcoin futures markets’ excessive leverage? was originally published here https://aliciagainey.blogspot.com/2021/02/is-retail-frenzy-causing-bitcoin.html
Ethereum basics signify $2,000 ETH cost is closer than it seems
Ethereum basics signify $2,000 ETH cost is closer than it seems In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might have undermined investors’ confidence. Nevertheless, the fundamentals behind Ethereum remain solid, indicating ETH price should promptly recover from eventual dips. Ethereum median transaction fee, USD. Source: BitInfoCharts Even though the above metric might be interpreted positively, not every user can afford a $12 fee.... Take a look at the latest crypto news here https://allthetopnews.com/category/cryptocurrency Ethereum fundamentals signal $2,000 ETH price is closer than it seems https://www.scoop.it/topic/cryptocurrency-news-by-all-the-top-news In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might have undermined investors’ confidence. Nevertheless, the fundamentals behind Ethereum remain solid, indicating ETH price should promptly recover from eventual dips. Ethereum median transaction fee, USD. Source: BitInfoCharts Even though the above metric might be interpreted positively, not every user can afford a $12 fee. A simple token swap on decentralized exchanges (DEX) can cost hundreds of dollars in gas fees, leaving small traders no choice but to abandon the network. Multiple proponents are testing sharding and layer-two solutions to circumvent this issue, including Skale and Optimistic Network. Eth2 will use sharding to split the blockchain into several parts and increase the number of transactions the network can process at once. Total value locked remains in an uptrend The phenomenal growth of total value locked (TVL) in decentralized finance projects can’t be disregarded. The adjusted metric attempts to clean readings from ETH price increases, therefore providing more reliable data. Adjusted total value locked, USD. Source: DappRadar As depicted above, the 34% increase over the past 30 days falls in line with ETH’s 38% gain in February. Regardless of the transaction fees, there is still value created by automated market-making pools and staking mechanisms. To better understand whether the recent crash reflects a potential local top and subsequent downtrend movement, one needs further data. Besides price action and technical analysis, investors should also gauge on-chain metrics such as network use. An excellent place to start is analyzing transactions and transfer value. ETH/USD price (line) vs. transactions and transfers (area). Source: Coin Metrics Coin Metrics data shows the 14-day average transactions and transfers rallying above $9 billion in daily transactions, a 32% increase from the previous month. This significant increase in transaction and transfer value signals strength and suggests that Ether’s price is sustainable at the current levels. Exchange withdrawals indicate long-term holding Although there is no consensus among analysts on the short-term price impact of exchange withdrawals, its effect is either neutral or bullish. The opposite movement, large continuous inflows, is the only bearish scenario, as it indicates holders’ willingness to sell. ETH/USD price (black) vs. exchanges ETH reserve (red). Source: CryptoQuant From Jan. 1 to Feb. 15, roughly 600,000 ETH was withdrawn from exchanges. Regardless of if whales are transferring to cold wallets or putting Ether into the DeFi ecosystem, those coins are less likely to be sold in the short term. Considering this movement happened while Ethereum made a $1,870 all-time high, the indicator indicates holders’ confidence. To conclude, based on both on-chain metrics and trading perspective, there are encouraging signals that $2,000 is within reach and that dips are being bought up aggressively. author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Title: Ethereum fundamentals signal $2,000 ETH price is closer than it seems Sourced From: cointelegraph.com/news/ethereum-fundam... https://www.youtube.com/watch?v=tsfvddo3C9Y Ethereum basics signify $2,000 ETH cost is closer than it seems was originally published here https://allthetopnews.blogspot.com/2021/02/ethereum-basics-signify-2000-eth-cost.html Ethereum basics signify $2,000 ETH cost is closer than it seems was originally published here https://aliciagainey.blogspot.com/2021/02/ethereum-basics-signify-2000-eth-cost.html
Bitcoin hits $50,000 a new historic milestone for BTC price
Bitcoin hits $50,000 a new historic milestone for BTC price Bitcoin hits $50,000 a new historic milestone for BTC price Bitcoin (BTC) surged to new all-time highs on Feb. 16 following a week of bullish news including Tesla accepting BTC and MicroStrategy planning to raise another $600 million to buy Bitcoin.
BTC price breaks historical recordData from Cointelegraph Markets and TradingView showed BTC/USD climb over 5% in hours on Tuesday days after BNY Mellon confirmed that it would store crypto for asset management clients and rumors also swirled around Morgan Stanley. The move put Bitcoin on course to hit the psychologically significant $50,000 mark once again after several days of sideways movement as a tussle between whales emerged. Bulls had initially taken control of BTC after Tesla’s $1.5 billion Bitcoin buy-in which it revealed on Feb. 8. At the same time, the European Central Bank was among the naysayers who claimed that central banks as a whole would not interact with Bitcoin in future. More headaches for bearsIn an update, analysts at derivatives platform Deribit noted that the BNY Mellon news had already managed to reshape investor perspectives. “While BTC pulled back 10% from ATH, Feb Implied Vol pruned, suggesting gamma impacted players flat-long post-Tesla news,” they stated. “Options volumes exploded in Asian hours: Calls unwound, buyers near-OTM Puts x3k, bearish bias as BTC46k.” Sellers were lined up between $49,500 and $50,000, according to orderbook data from major exchange Binance, with increasing support at $46,500.
In analysis this week, Cointelegraph Markets’ Michaël van de Poppe highlighted other factors contributing to the bull case for Bitcoin in the short term. n inevitable achievement Bitcoin had shown signs that its overall momentum would not be halted throughout this month. With Tesla and then Mastercard as catalysts, market participants were already convinced of the strength of its current bull run. Last week, Cointelegraph Markets contributor filbfilb gave a short-term target of $63,000 for BTC/USD, being checked by a possible consolidation at around $52,000. Tesla’s buy and Mastercard’s acceptance announcement was made public days after MicroStrategy’s dedicated Bitcoin for Corporations summit attracted an audience of around 8,000 executives. While Tesla made arrangements months previously, the implications of the event were clear — companies wanted and planned to add Bitcoin to their balance sheets. Even formerly skeptical mainstream commentators were more and more in favor of Bitcoin outperforming cash as a treasury asset in the long term. “I think it’s almost irresponsible not to include it — every treasurer should be going to boards of directors and saying, ‘Should we put a small portion of our cash in Bitcoin?’” CNBC host Jim Cramer said last week. In private comments, Simon Peters, cryptoasset analyst at multi-asset investment platform eToro, forecast $70,000 hitting in 2021. “While we may see short-term upside in the price of bitcoin and other cryptoassets as a result of this, Mastercard’s announcement – coming so soon after Tesla’s own comments earlier this week – has real long-term implications for bitcoin and its peers,” he said. “Bitcoin and its peers are, quite simply, going to be part of the mainstream financial universe sooner rather than later. I expect demand to surge and see bitcoin prices hitting at least $70,000 by the end of this year.”Title: Bitcoin hits $50,000 a new historic milestone for BTC price
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Bitcoin hits $50,000 a new historic milestone for BTC price Bitcoin hits $50,000 a new historic milestone for BTC price was originally published here https://allthetopnews.blogspot.com/2021/02/bitcoin-hits-50000-new-historic.html Bitcoin hits $50,000 a new historic milestone for BTC price was originally published here https://aliciagainey.blogspot.com/2021/02/bitcoin-hits-50000-new-historic.html
Love & coordination at the frontier of governance: How Yearn minted $300 million
Love & coordination at the frontier of governance: How Yearn minted $300 million Title: Love coordination at the frontier of governance: How Yearn minted $300 million Sourced From: cointelegraph.com/magazine/2021/02/15/love-coordination-at-the-frontier-of-governance-how-yearn-minted-300-million Published Date: Mon, 15 Feb 2021 16:34:44 +0000 2021's Most Anticipated Growth Wealth-Building Opportunity Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Clint Lewis Clint Lewis –Business I am Clint Lewis I have finished my four-year college education in English writing and I hold a master’s degree in Business from Stanford University. Writing about business and finance is in great interest. I have great command overwriting due to my five-year experience which incorporates articles,... Read the latest crypto news reports here https://allthetopnews.com/category/cryptocurrency Love & coordination at the frontier of governance: How Yearn minted $300 million https://www.scoop.it/u/all-the-top-news Title: Love coordination at the frontier of governance: How Yearn minted $300 million Sourced From: cointelegraph.com/magazine/2021/02/15/love-coordination-at-the-frontier-of-governance-how-yearn-minted-300-million Published Date: Mon, 15 Feb 2021 16:34:44 +0000 2021's Most Anticipated Growth Wealth-Building Opportunity Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Clint Lewis Clint Lewis –Business I am Clint Lewis I have finished my four-year college education in English writing and I hold a master’s degree in Business from Stanford University. Writing about business and finance is in great interest. I have great command overwriting due to my five-year experience which incorporates articles, web substances, and web journals. I generally love to play with work, in both my profession and education. I additionally had teaching experience of 2 years at the eminent college to show business and specialized composition and presently, I am working as an educator and preparing writer and creator. I am unimaginably social, and I love to travel and investigate the world. Watch more of our crypto news videos here: https://www.youtube.com/channel/UCDY5ELIhng2g0PzrEgxRJfQ #cryptonews #cryptocurrency #cryptoprices You might also like these cryptocurrency videos Cryptocurrency Training https://vimeo.com/channels/cryptocurrency/508919331 Free Crypto Lessons https://vimeopro.com/beessocial/cryptocurrency-course/video/506181956 Source: https://allthetopnews.com/love-coordination-at-the-frontier-of-governance-how-yearn-minted-300-million/ https://www.youtube.com/watch?v=IOlFyUPS990 Love & coordination at the frontier of governance: How Yearn minted $300 million was originally published here https://allthetopnews.blogspot.com/2021/02/love-coordination-at-frontier-of_16.html Love & coordination at the frontier of governance: How Yearn minted $300 million was originally published here https://aliciagainey.blogspot.com/2021/02/love-coordination-at-frontier-of_16.html
Ethereum fundamentals signal $2,000 ETH price is closer than it seems
Ethereum fundamentals signal $2,000 ETH price is closer than it seems Ethereum fundamentals signal $2,000 ETH price is closer than it seems In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding CME’s ETH futures launch on Feb. 8 seems to have faded, sustained excessive transaction fees might have undermined investors’ confidence. Nevertheless, the fundamentals behind Ethereum remain solid, indicating ETH price should promptly recover from eventual dips.
Even though the above metric might be interpreted positively, not every user can afford a $12 fee. A simple token swap on decentralized exchanges (DEX) can cost hundreds of dollars in gas fees, leaving small traders no choice but to abandon the network. Multiple proponents are testing sharding and layer-two solutions to circumvent this issue, including Skale and Optimistic Network. Eth2 will use sharding to split the blockchain into several parts and increase the number of transactions the network can process at once. Total value locked remains in an uptrendThe phenomenal growth of total value locked (TVL) in decentralized finance projects can’t be disregarded. The adjusted metric attempts to clean readings from ETH price increases, therefore providing more reliable data.
As depicted above, the 34% increase over the past 30 days falls in line with ETH’s 38% gain in February. Regardless of the transaction fees, there is still value created by automated market-making pools and staking mechanisms. To better understand whether the recent crash reflects a potential local top and subsequent downtrend movement, one needs further data. Besides price action and technical analysis, investors should also gauge on-chain metrics such as network use. An excellent place to start is analyzing transactions and transfer value.
Coin Metrics data shows the 14-day average transactions and transfers rallying above $9 billion in daily transactions, a 32% increase from the previous month. This significant increase in transaction and transfer value signals strength and suggests that Ether’s price is sustainable at the current levels. Exchange withdrawals indicate long-term holdingAlthough there is no consensus among analysts on the short-term price impact of exchange withdrawals, its effect is either neutral or bullish. The opposite movement, large continuous inflows, is the only bearish scenario, as it indicates holders’ willingness to sell.
From Jan. 1 to Feb. 15, roughly 600,000 ETH was withdrawn from exchanges. Regardless of if whales are transferring to cold wallets or putting Ether into the DeFi ecosystem, those coins are less likely to be sold in the short term. Considering this movement happened while Ethereum made a $1,870 all-time high, the indicator indicates holders’ confidence. To conclude, based on both on-chain metrics and trading perspective, there are encouraging signals that $2,000 is within reach and that dips are being bought up aggressively. author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Title: Ethereum fundamentals signal $2,000 ETH price is closer than it seems
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Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together Ethereum fundamentals signal $2,000 ETH price is closer than it seems Ethereum fundamentals signal $2,000 ETH price is closer than it seems was originally published here https://allthetopnews.blogspot.com/2021/02/ethereum-fundamentals-signal-2000-eth.html Ethereum fundamentals signal $2,000 ETH price is closer than it seems was originally published here https://aliciagainey.blogspot.com/2021/02/ethereum-fundamentals-signal-2000-eth.html |
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My name is Alicia Gainey, and I am 31 years of age who is an industrialist rather than a writer. I need to grab the eye of my group of readers without sounding excessively dry and boring. I am that kind of individual who treasures his extra time by composing my contemplations and thoughts for my group of readers. My writing areas of interests are not kept to a particular field, I composed on numerous themes, however, technology and business articles are forever my top pick. I love to communicate through inventive modes, for example, drawing, singing, and composing. I love to invest my relaxation time with my adored cat, rest or by playing my preferred computer games. ArchivesNo Archives Categories |