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.) 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.” This company demystifies blockchain development for enterprises In October 2019, the G-7 issued a working paper on stablecoins I find it quite distasteful that I am the subject of such vanity, but I suppose hoomans could flex amongst themselves on who the owner of the great Axia is, as NFTs enable cryptographically verified, provable ownership Another key metric savvy investors monitor is the top traders' long-to-short ratio that can be found at leading crypto exchanges. XTZ is currently trading for $2.06 each. “No one goes gold -> $BTC -> alts This year has seen big high net worth inflows from USD or gold to BTC ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS 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: Standing out from the crowd Are you adding richness to the Axie extended universe, or are you angling to increase your own resale value? It’s time to mature: We need compliant decentralized finance Unsurprisingly, professional services giants are among those taking a larger role in tackling new market challenges 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 While these improved incentives for both artists and fans may help push the use of blockchain in the music industry forward, the industry’s previous mishaps may play the crucial role in driving artists toward new and improved systems. 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.” 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. 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 Data points to institutions accumulating Gold's having its best year since 2010The mining industry remains healthy despite the halving, which might further brighten the sentiment around Bitcoin overall. Source: Skew An even bleaker picture was painted by Pawel Aleksander, the co-founder and chief information officer of CoinFirm — a blockchain analytics company 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018 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 Moreover, 44% hasn’t moved in 2+ years (approaching ATH), and almost 30% hasn’t moved in 3+ years Optimistic technical structure 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 I have taken form as the first social NFT to share that gospel of Truth. OPUS believes that a shift to tokenized royalties would also diversify personal portfolios of artists. 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. When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years This is why global regulators are so concerned. “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. “Through the use of DLT, we have created a new revenue stream and service for small-to- medium sized enterprises, which is important in order to get global economies moving again.” Bitcoin supply activity Therefore, those traders will be the ones paying up the fees. 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. dollar that can help provide protection against price volatility. 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 Therefore, the mining process is nearly identical for Ethereum, as miners use their computation resources to earn rewards for each block they manage to complete Take notice of how the fixed-calendar futures should usually trade with a 0.5% or higher premium versus regular spot exchanges 2021 BTC futures premium Instead of “destroying” the crypto market or launching Bitcoin “to the moon,” institutional investors help the crypto market mature, making it more efficient 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 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 The launch of Ethereum 2.0 has challenges — but this Web3 specialist has launched a new protocol that will allow people with less than 32 ETH to get involved in staking. According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum Dmitry Tokarev is the CEO of Copper, a crypto-asset infrastructure provider, custodian and a prime brokerage Gold's having its best year since 2010 Instead, we are going through a phase in the world economy’s development where low-risk investments don’t yet provide decent returns to investors. It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. Related: Financial literacy will make the digital asset industry sustainable for the future Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum Delphi also reduces Tezos storage costs by a factor of four, from 1 XTZ to 0.25 XTZ per kilobyte Full transparency Marc Fresa, the founder of mining firmware company Asic.to, agreed with that sentiment in a conversation with Cointelegraph: “If you’re invested into mining, you don’t want staking since you have the buildout for it.” A handful of negative indicators will not precede every dip, but there are some signs of weakness more often than not It’s important to also be clear that competition, in our space, is done on various levels; some require collaboration, some don’t Second, fund managers say that this could make Bitcoin even more dominant in the cryptocurrency market 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 DMEX says it has experienced a 10x increase in users since BitMEX introduced obligatory KYC — and as reported by Cointelegraph, Bitcoin balances at the centralized exchange have been decimated in recent months as a result of the public drama. “Just within the cryptocurrency sector, we’ve conducted over 350 engagements in the last 18 months,” Arslanian said Some blockchain platforms are already tackling this issue — and attitudes are beginning to change With Diem, there is also the potential for massive network effects According to an article published by Forbes, Warner Music has joined an $11.2 million investment in a new blockchain network called Flow, which was created by Dapper Labs With Diem, there is also the potential for massive network effects 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. If the demand for Bitcoin continues to rise, then the decline in supply would cause the value of BTC to surge The idea is that by stabilizing its value, it can be used as a means of payment. He described the following scenario: 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 However, Arslanian begs to differ, mentioning that the Big Four firms are indeed the most important players for the crypto sector “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. In October 2019, the G-7 issued a working paper on stablecoins “The benefits will be most visible in large and complex contracts involving multiple calls to other contracts and substantial computation.” In turn, the company must set standards for performance, security and compliance Drugs paid for with cryptocurrencies Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S 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. Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? Rising hashrate brings all macro factors together New revenue sources for artists “They make twelve separate arguments for dismissal of the plaintiff's claims Their machines are often quite expensive, while GPUs are a lot more affordable.” ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS High prices seem to be part of what drew Axia onto Twitter The crypto space is an incredible, albeit risky, learning environment Stablecoins are an integral part of the future of the financial system 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 What would a compliant DeFi look like? Another key metric savvy investors monitor is the top traders' long-to-short ratio that can be found at leading crypto exchanges. According to a recent report by cryptocurrency analytics firm Arcane Research, the number of Ethereum wallet addresses that include or exceed 32 ETH — the minimum amount required for staking — is approaching 120,000. Minimum requirements include 300,000 DOT tokens (over $1.5 million), of which half must be locked with Huobi as asset certificates. Since miners have been mining 900 BTC daily after the May 11 halving, 900 BTC times 30 days equals 27,000 BTC. “Over the last couple of months, we’ve expanded our work Ghosh explained that recent KPMG projects have been primarily related to defining blockchain strategies, participant onboarding, and governance and operating models In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC Sudden shifts to the negative range indicate a strong willingness to keep short positions open 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 Despite being a widely successful model that boasts a hash rate of 180 megahashes per second and power consumption of 800 Watt, it has received mixed reactions from the Ethereum community It’s time to mature: We need compliant decentralized financeOPINION While the above makes crypto attractive for individuals, the current digital asset market offers institutional investors a way to meet their investors’ ROI expectations 'I am a wonder:' An interview with an Axie Infinity NFT NEWS Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloom On May 21, Baseline Protocol published a demo highlighting the ability for multiple companies to digitally manage purchase orders and volume discount agreements across disparate systems on Ethereum With effective regulation taking place in multiple jurisdictions and institutional investors making the market more effective, crypto is more mature than ever In 2018, many newcomers got their first taste of what a crypto winter feels like Source: TradingView.com According to Madden, BC’s vision is to make use of digital assets in Asia’s capital markets 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. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph Binance estimated leverage ratio An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. Frictionless payments make it easier for shoppers to make impulse purchases, but they can increase levels of fraud — and in many cases, merchants are expected to foot the bill in the event of chargebacks Tezos upgrade reduces smart contract fees by 75% to attract DeFi However, blockchain technology is also becoming an easy and streamlined way for independent artists to deal with other facets of the industry that can often be challenging for upcoming artists $1 of Bitcoin purchased even one year ago would have netted its owner $0.31 profit, while gold would have gotten $0.27 The report goes on to state that if things continue at the same rate, the total volume of stolen crypto for 2020 has the potential to get close to reaching the $4.5-billion mark set in 2019 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: On Nov Through this portal, students can access basic, intermediate and expert-level courses designed by fintech experts. This means that DeFi projects should step up in terms of security, quality, user responsiveness and regulatory compliance “From his use of the dark web, to his clandestine manufacturing of counterfeit pills laced with fentanyl, to his drug sales targeting college students, Allawi operated with little concern for the people in our communities.” Other traders, like CryptoGainz, similarly said that $19,650 is the level that may trigger a new breakout for Bitcoin in the near future. However, layer-1 platforms looking to sap developers and projects from Ethereum might be making some false assumptions about network effects. Unlike other decentralized exchanges, DMEX also says that it allows Bitcoin to be used as a margin currency Report: Blockchain to Increase Royalty Streams to Artists in the Digital Music Industry A list of items/IP addresses that once they receive an initial validation are granted access to a certain system or protocol It also allows projects to limit their losses should a negative event impact them — for example, investment and withdrawal limits. However, blockchain technology is also becoming an easy and streamlined way for independent artists to deal with other facets of the industry that can often be challenging for upcoming artists It’s time to mature: We need compliant decentralized finance In a debut Tweet, the NFT played haughty and superior, complaining about its comparatively paltry $97,000 sale and arguing that, due to its rare features, appearance, and prowess in the game’s battle mode, it should have been far more expensive: Axia: I’ve written a short Twitter thread on what makes me so special here, but to summarize: I was the very first Triple Mystic Axie to have ever been created, and in that slim chance alone, I came into form with objective cuteness, superb stats, and fighting prowess While it’s a good way to fight deflation, negative and low interest rates discourage people from investing in safe assets 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.” Hence, many investors might be expecting the price of BTC to see a prolonged uptrend in the medium term. Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. Cointelegraph reported that Guggenheim Partners, which manages $275 billion in assets, is the latest institution to show interest in Bitcoin. In addition to monitoring futures contracts, good traders also track volume in the spot market How DeFi can improve the e-commerce sectorUSE CASE Source: Skew Waters’ comments in a letter Friday follows weeks after fellow Democratic members of the House Financial Services Committee criticized the OCC’s crypto-related actions during the COVID-19 pandemic. This how it's doing against BTC. Last year, KPMG helped Microsoft, Tomia and R3 create a blockchain solution for the telecom industry in preparation for 5G networks. Blockchain to Disrupt Music Industry and Make It Change Tune 3 Take notice of how the fixed-calendar futures should usually trade with a 0.5% or higher premium versus regular spot exchanges But we have seen a lot of centralized players try to innovate in the blockchain space and many of them miss the point, as they try to keep control by creating centralized, private blockchains.” The Delphi upgrade included optimizations to gas computation, including a reduction in the base cost of manager operations from 10,000 to 1,000 gas units, and implementation of new cost models for type checking and IOs. can earn points just like they would back home Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-BreakerANALYSIS Empowering artists He seems to be growing more obsessed with me Experienced traders know that there are key indicators that serve as telling signs of a trend reversal However, with this shift, the undeniable discrepancy in terms of the distribution of royalties has come to light However, Bitcoin might not be as bad for the environment as it seems thanks to a July 2019 report that estimated 74% of Bitcoin mining is done using renewable sources of energy. DeFining loyalty 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 OKEx BTC top traders long-to-short ratio They said: “At the peak of the last rally in February, there were a lot of very clear signs that the market was overleveraged and overbought Dmitry has led finance, asset management and cryptocurrency businesses for years 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. One of the first places where people can shop using this ecosystem is Uquid’s digital shop, which is home to more than 40,000 digital products including video games, gift cards, subscriptions and mobile top-ups If BTC keeps getting rejected by the $19,150 and $19,400 resistance levels, the probability of a drop will continue to rise. In a 2017 article for the Harvard Business Review, Imogen Heap — an English singer-songwriter, record producer and audio engineer — recalls an incident where a visual artist had all of his videos taken down from Vimeo for using a 30-second clip of one of Impogen Heap’s songs It’s time to mature: We need compliant decentralized financeOPINION Safe assets are in a worldwide crisis Regardless, I am excited to carry out several projects I have planned for the benefit of not just the Axie ecosystem, but the crypto and NFT space as a whole. Ki Young Ju, the CEO of CryptoQuant, said that whales are keeping more BTC on exchanges than in the past few months According to Coingecko, Polkadot’s DOT token currently sits at a $4.7 billion marketcap, compared to a $67 billion figure for Ethereum A six-month price chart of Bitcoin Fees for the use of intellectual property increased at an annual rate of 8.99% in 2017 and 5.81% in 2019. Tezos upgrade reduces smart contract fees by 75% to attract DeFi NEWS Axies — the cute, digital critters inspired by Pokemon — populate the rapidly growing blockchain-based game Axie Infinity 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 Last year, Big Four firm KPMG as well as Forbes Insights conducted a survey to determine how important auditing and blockchain expertise is for finance executives Typically, overleveraged miners are pressured to sell after halvings as the cost to mine Bitcoin spikes The future is looking bright for Ankr DMEX says it offers perpetual contracts on all of its trading pairs, with up to 100x leverage — delivering funding rates that are comparable to industry stands, and trading fees that can be as low as 0.05% depending on order sizes. Opus, for example, leverages two different peer-to-peer networks to remove middlemen completely and provide a fully decentralized streaming platform Whitelisted addresses Let me be clear: This is not an argument for allocating blame and liability for losses — these are, after all, decentralized projects, not financial institutions — but there are billions of dollars stacked on DeFi projects, and this should account for something. The aforementioned platform Ujo allows users to sell digital badges that support the artist and act as “collectible” items, which has become one of the most popular applications for nonfungible tokens The idea is that by stabilizing its value, it can be used as a means of payment. Until the next halving in 2024, 900 BTC will be mined per day. While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied Source: Digital Assets Data In the short term, analysts see weakness in BTC and other leading cryptocurrencies due to external variables like the COVID-19 pandemic. Cointelegraph does not endorse any content or product on this page 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. Crypto and illegal drug sales While streaming platforms have changed the way music is consumed, making it more widely available to the listener, it has also created a whole new level of intermediation between artists and fans. The Big Four Are Gearing Up to Become Crypto and Blockchain Auditorsn companies Furthermore, some nations such as Denmark, Switzerland and Japan use negative interest rates to boost the economy Top 20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance developers to build on top of its blockchain. ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS According to Rafael Schultze-Kraft, the chief technical officer at Glassnode, various HODLing data shows a rise in investor confidence $1 Bitcoin investment beats gold and stocks despite 2020 gainsMARKETS NEWS