While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. Cointelegraph reported that Guggenheim Partners, which manages $275 billion in assets, is the latest institution to show interest in Bitcoin. It was the eight-month high since the March great sell-off In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested the $16,200 level roughly a week ago. hopefully Bitcoin hash rate rebounds after huge difficulty drop AxieTree is a lending and borrowing marketplace for Axies Bitcoin exchange reserves since January 2018 According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets Gold's having its best year since 2010The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. A decentralized exchange says that users don’t need to complete Know Your Customer checks because of how it’s based on a smart contract. The report adds that new platforms will have room to grow: In this regard, he believes that a threefold solution is needed — i.e., one that is based on an AML technological platform that enables institutions to verify the risk of blockchain transaction counterparties and meet their regulatory obligations Loads of hodling here.” 'I am a wonder:' An interview with an Axie Infinity NFT NEWS 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 We spend a lot of time building preferred strategic alliances with ecosystem partners BTC aggregate spot exchanges volume Rewarding fans Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. Rising hashrate brings all macro factors together “The National Debt just past $27 trillion, up about $7 trillion since Trump took office U.S Further elaborating on the subject, Jefferies stated that the largest contributor to this year’s crypto crime total has been Wotoken’s alleged billion-dollar Ponzi scheme that emerged from China dollar has netted savers just 2.2% year-to-date returns, while oil is the big loser, with WTI crude down by almost 35%. Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloomNEWS Platinum is a member of the Boston Blockchain Association and describes itself as a “proven and renowned presence in the crypto industry.” The engineering company has also served more than 500 companies since launch. “Hardfork or die eth.” It’s time to mature: We need compliant decentralized finance High prices seem to be part of what drew Axia onto Twitter The pandemic has made things worse Take notice of how the fixed-calendar futures should usually trade with a 0.5% or higher premium versus regular spot exchanges Old guards constantly warn newcomers: “Take it slow, learn the basics and stack sats.” Wealth, in this space, can appear and disappear in an instant. “Grayscale buys way less Bitcoin than many would think New products are added on a daily basis, and the e-commerce site is planning to add physical items in the near future. DeFi and shopping may seem like an unlikely combination, but these protocols have the potential to unlock better deals for consumers and merchants alike. By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level. Dmitry Tokarev is the CEO of Copper, a crypto-asset infrastructure provider, custodian and a prime brokerage But they also have the potential to bring huge benefits in the form of speed, efficiency and financial inclusion Unlike other decentralized exchanges, DMEX also says that it allows Bitcoin to be used as a margin currency Furthermore, even in the middle of a global economic crisis, Bitcoin’s volatility is at record-low levels 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.” Looking to the future Therefore, it remains to be seen if this institutional buying could offset the bearish selling by whales and miners in the month ahead 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 In the case of DeFi, we could have one or two trusted anchors that could validate an address and conduct Know Your Customer diligence on the user It’s time to mature: We need compliant decentralized financeOPINION Source: Digital Assets Data He predicts that the coronavirus pandemic will fuel these models, saying: Tezos’ core value proposition is that it’s a “self-amending blockchain,” which formally utilizes on-chain mechanisms for proposing, testing and activating protocol upgrades without requiring the network undergo a hard fork. With the update, Tezos blocks can now include three-and-a-half times more simple XTZ transactions and four times more multi-asset transfers, while contracts can perform 10 times as many internal calls as was possible prior to Delphi’s implementation. Huobi’s investments follow a pair of similar announcements from Polkadot on Thursday It’s also potentially far more interesting from the perspective of play and assumed personas as virtual reality inches closer towards widespread adoption. Insurance A better method is to monitor the perpetual futures (inverse swap) funding rate. However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. GPUs are much cheaper and more accessible than ASICs, as Thomas Heller, the global business director of cryptocurrency mining pool F2Pool, explained in a conversation with Cointelegraph: 3 key metrics to watch as Bitcoin price tries to top $20,000 Last year, the two organizations conducted a global study that found more than 64% of blockchain initiatives were being funded by IT or research budgets They can also improve financial inclusion and can offer a store of value to savers in countries that do not have stable domestic currencies Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. “The National Debt just past $27 trillion, up about $7 trillion since Trump took office Given that I have no similar prior experience, I would love to be reached out by other influencers from their respective communities who can help me conduct myself legendarily. The cryptocurrency has weathered criticism from gold bugs as much as ever during 2020’s market volatility, with serial gold bug Peter Schiff among its most vocal naysayers Underlining the significance of the blockchain’s move from proof-of-work, currently used by the likes of Bitcoin, Ankr explained: “As most DeFi products are Ethereum based, Ethereum 2.0 will change the experience significantly by lowering fees and increasing throughput.” “If you look at all exchanges inflow mean(144-block MA), it hit over 2 BTC a few hours ago 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. Ledger hardware wallets 40% off Binance BTC top traders long-to-short ratio Well-structured stablecoins with appropriate legal, regulatory and governance controls have a valuable role to play in the world economy and could bring the benefits of crypto technology to an entirely new generation of users. 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 Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? Will the rest of the network notice? “As this market is currently dominated by a few large players, there is a significant room for new platforms to change the way and amount of royalties distributed to individual musicians, podcast producers, and all other artists Bitcoin “quietly eating the financial world” Compared with the general market, the digital asset industry has been developing at a much faster pace, with multiple reasons behind this phenomenon 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 Others will refer to the leaderboard data, therefore monitoring accounts that did not opt-out from the ranking, but this is not accurate. PwC’s crypto teams are not only focused on tax and accounting challenges, but audit and assurance services are also in demand The alliance is currently accepting applications from developers building on Polkadot Network or Substrate. A Web3 infrastructure provider has launched a cutting-edge solution for some of the biggest issues and challenges associated with the long-awaited launch of Ethereum 2.0. Copper works with a range of the major crypto exchanges to make trading safer for institutional investors There are also features inspired by automated market makers, the smart contracts that create liquidity pools of tokens While Kusama’s node count was approaching 180 in February, the network now has 700 active validators with a further 393 waiting. The report also highlights global best practices seen in the crypto hedge fund ecosystem, serving as a source of knowledge for institutional investors interested in cryptocurrencies. Most decentralized exchanges use synchronous trade executions, meaning that users have to wait for their last trade to be registered on the blockchain before they can perform a new one Every day, these small businesses face a dilemma However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light In times where governments are floating bonds with negative interest rates and turning on the money-printing machine, people need better solutions to keep their wealth If the BTC HODLer net position change remains positive, it means that investors are not moving funds from personal wallets to exchanges to sell Another supposed benefit of a PoS system is that it’s much more energy-efficient than PoW blockchains When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative Such a situation, also known as backwardation, indicates strong bearishness. Rewarding fans Now, the moves by Waters and the Democratic representatives may bode poorly for the crypto space in the U.S., particularly should the GOP lose the Georgia Senate runoff and thus control of the Senate. While indeed I am the most legendary Axie of all, I’d like to be friends and work with many hoomans. This is also a business that’s full of optimism for the potential of Web3 — proclaiming on its website that it has the potential to revolutionize how we use the internet, paving the way for a new generation of private, secure, reliable and censorship resistant platforms and apps CT: NFTs allow the virtual world to have provable value and property Source: Digital Assets Data 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 I hope that they will enable the community to contribute meaningfully and set themselves apart from gaming companies of the past which hold their IP more important than their supporters. CT: What are you, and what makes you special? Whenever this premium fades or turns negative, this is an alarming red flag Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloomNEWS If done right, protocols could also give merchants a better deal — allowing them to weather tough economies (such as those brought about by the coronavirus pandemic.) Institutional capital markets are strictly regulated and supervised by local and international regulatory bodies; the goal is to prevent money laundering and the financing of terrorist operations 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. It also allows users to tip their favorite artists directly In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to support “developers, event organizers, content creators, and ambassadors” throughout the Polkadot ecosystem. 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 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. 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. 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. If [Donald Trump] serves just one term he will likely add more to the national debt in 4 years than Obama did in 8,” Schiff wrote on Tuesday. 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. According to a joint post from Delphi’s developers, the upgrade is “crucial to enable novel applications on Tezos that target areas like DeFi, collectibles, and gaming.” Limits and safety margins 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 Ready to serve The company’s ambition doesn’t stop here, either — adding: “We aim to support every new popular chain out there, as we also see many opportunities for DeFi product on other chains than Ethereum, such as Binance Smart Chain, Polkadot and Solana.” There is simply no way an imbalance can happen, as every trade requires a buyer (long) and a seller (short). pic.twitter.com/Re4o3PHrel Afraid Bitcoin price might crash? These three key metrics help traders spot bullish and bearish sentiment in the crypto market. 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? The most prominent piece of data that supports predictions of a positive trend is the increase in “HODLing” activity among investors. 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. We spend a lot of time building preferred strategic alliances with ecosystem partners itcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed Former Iraqi interpreter for the U.S 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.” It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. Largest outflow from gold ever 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO At the time, crypto-focused lawyer Jake Chervinsky said: Tezos upgrade reduces smart contract fees by 75% to attract DeFi NEWS This how it's doing against BTC. Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. Despite two-thirds of Polkadot’s supply being staked, the network currently comprises just 249 validators — indicating that many stakers are choosing to use third-party service providers. 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. Blockchain technology has the power to increase financial inclusion and change the lives of many throughout the world, especially in emerging economies where it’s needed the most — to lure in unsuspecting individuals 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. The firm is a mere $200 million away from reaching $10 billion in AUM. Blockchain-based ecosystem to decentralize banking services globally With institutional investors, crypto looks forward to a brighter future Crucially, users continue to hold full custody of their Bitcoin at all times. Whenever this premium fades or turns negative, this is an alarming red flag Given how this crypto was worth over $14,000 at the time of writing, it’s fair to say that this requirement could shut out a sizable chunk of the community Looking ahead, Platinum is developing several projects dedicated to the exchange of stablecoins and is moving toward a partnership with a major Swiss company to establish regulated custody under Switzerland’s laws. Polkadot has also just announced it will be launching a “thousand validators” program this month, which will offer support and incentives to individuals seeking to run a Polkadot node in a bid to bolster the number of its validators by 1,000. Each one is backed by an NFT, and even those who have never played Axie Infinity might be familiar with Axies due to the preposterous sums they fetch on the secondary market: one Axie recently sold for 300 Ether, or over $130,000 at the time of the sale. “It is not easy for the average user to deploy an Ethereum 2.0 node,” Ankr said Deutsche Bank has also warned that cash’s days are numbered, and criticized the likes of Visa and Mastercard in a recent report Stablecoins are cryptocurrencies that aim to stabilize their value compared to another asset — be it one fiat currency, a basket of fiat currencies, or commodities If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge A blockchain-empowered rights and payments layer could provide the means to do so.” Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst Five key fundamental factors suggest that Bitcoin is preparing for an extended uptrend by 2021. It’s ridiculous that an individual can spend thousands of dollars on lottery tickets but is not allowed to invest the same amount of money in venture capital projects without having to jump massive regulatory or bureaucratic hurdles. 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.” CT: Any people/creatures/things you look to as inspiration? What made you make the decision to “descend” in the first place? Bitcoin “quietly eating the financial world” 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. “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards Looking at Axia, this reporter felt an odd sense of prescience — that Axia, the first anthropomorphized bit of non-fungible blockchain data, was not one-off, and instead augured a wider, likely looney, trend. Therefore, those traders will be the ones paying up the fees. Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. “We know exactly how to develop flexible crypto loans, cold storage, deposit services and how to integrate them into platforms,” they added. Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist He said: Do they do something unique at the social layer? How will NFTs like yourself guide virtual interactions, aside from offering people a gateway to a persona? dollar-backed stablecoin With the update, Tezos blocks can now include three-and-a-half times more simple XTZ transactions and four times more multi-asset transfers, while contracts can perform 10 times as many internal calls as was possible prior to Delphi’s implementation. Each of these recommendations would undo work conducted by Brian Brooks, the Acting Comptroller of the Currency Experienced traders know that there are key indicators that serve as telling signs of a trend reversal This means that users have the freedom to sell or spend their staked assets, or use them in DeFi applications, at any time. According to her, blockchain technology can help, and already is helping, to solve these issues I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.” The amount of available Bitcoin on exchanges is significantly reduced since less BTC getting mined per day alongside rising exchange outflows. Given that I have no similar prior experience, I would love to be reached out by other influencers from their respective communities who can help me conduct myself legendarily. Looking ahead, Platinum is developing several projects dedicated to the exchange of stablecoins and is moving toward a partnership with a major Swiss company to establish regulated custody under Switzerland’s laws. Despite two-thirds of Polkadot’s supply being staked, the network currently comprises just 249 validators — indicating that many stakers are choosing to use third-party service providers. To start with, Bitcoin’s supply that has not moved for over a year has hit an all-time high, standing at 61% Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. The Grayscale Bitcoin Trust has evolved into the go-to investment vehicle for institutions that want to gain exposure to BTC. Blockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists. Old guards constantly warn newcomers: “Take it slow, learn the basics and stack sats.” Wealth, in this space, can appear and disappear in an instant. 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 The Asian giant is the one that stands out the most, as its royalty payments quadrupled between 2016 and 2017. Stablecoins are an integral part of the future of the financial system Source: CryptoQuant CT: Care to tease some of your plans going forward? According to a March paper co-authored by Kristy-Leigh Minehan, a co-creator of the ProgPoW, around 40% of Ethereum’s hash rate is generated by Bitmain ASICs 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 Such a situation, also known as backwardation, indicates strong bearishness. Blockchain-based ecosystem to decentralize banking services globally As I’m saying this. The indirect and immediate impact will be in relation to how the supply and perceived value impact the price of tokens on both networks.” Warner announced that they would start creating digital tokens using a public blockchain backed by the creator of CryptoKitties.