According to OPUS’ study, given the novelty of introducing blockchain to the digital music streaming services market, they see great potential growth. At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system In 2019, Cointelegraph reported several use cases of blockchain applied in the music industry such as the global media giant Warner Music 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. Until the next halving in 2024, 900 BTC will be mined per day. In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC 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. Monitoring volume is key Accenture is also working closely with the WEF on regular blockchain reports 2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Moreover, he added that exchange reserves are not declining as they did throughout mid-2020 The open interest of buyers and sellers of perpetual contracts is matched at all times in any futures contract Such a situation, also known as backwardation, indicates strong bearishness. 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.” Sudden shifts to the negative range indicate a strong willingness to keep short positions open She wrote: According to Rafael Schultze-Kraft, the chief technical officer at Glassnode, various HODLing data shows a rise in investor confidence 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: Stablecoins are an entirely different kettle of fish In September, the firm bought another $175 million worth of BTC, bringing its BTC holdings to about 38,000 BTC There is simply no way an imbalance can happen, as every trade requires a buyer (long) and a seller (short). As is the case with many things, the distribution of royalties to artists resembles a Pareto chart where a very small percentage of artists account for the majority of music streams and thus royalty earnings. 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 CONNOR BLENKINSOP This dampens the volatility and increases the market’s liquidity Blockchain technology, streaming and royalties While the advent of the internet — followed by streaming platforms such as Napster, Soundcloud and now Spotify — has changed this to a degree, blockchain technology seems to be the next step when it comes to giving power back to creators and their listeners. “Auditing, like regulatory clarity, provides confidence to all stakeholders that companies are operating transparently and adhering to expected industry standards They could have profound implications for existing financial systems if consumers and savers seek to hold these currencies as opposed to their own domestic currencies 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: However, data from Blockchain.com shows that the hashrate of Bitcoin has recovered close to pre-halving levels Brooks was recently nominated to serve a full five-year term by Trump. It can also help shift the control currently held by third-party intermediaries such as labels and platforms, which have considerable influence over what music gets to be heard by the general public. ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoSANALYSIS He predicts that the coronavirus pandemic will fuel these models, saying: Now, anyone can become a merchant — and once exotic products can be delivered to your doorstep in a matter of hours Unlike other decentralized exchanges, DMEX also says that it allows Bitcoin to be used as a margin currency Related: Financial literacy will make the digital asset industry sustainable for the future 3 Such a situation, also known as backwardation, indicates strong bearishness. 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. 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. Rising hashrate brings all macro factors together The numbers would appear to speak for themselves 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. 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 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 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. Her Majesty's Treasury, the United Kingdom’s treasury department, plans to issue draft regulations for stablecoins and CBDCs soon. Facebook’s Diem stablecoin is an existential threat to traditional bankingOPINION I descended to begin such efforts in the world of Axies. According to a Reuters report from Oct It’s also potentially far more interesting from the perspective of play and assumed personas as virtual reality inches closer towards widespread adoption. — Willy Woo (@woonomic) October 6, 2020 This article does not contain investment advice or recommendations “We are not a product company, but rather we engage with clients to choose a platform that best suits their specific needs The launch of Stkr is the latest milestone for Ankr, which was founded in 2017 at Berkeley University of California The 7-day average hashrate of Bitcoin recovered from 106 million terahash per second (TH/s) to 126 million TH/S between Nov Until the next halving in 2024, 900 BTC will be mined per day. 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 total debt has now passed $27 trillion for the first time in history, according to the U.S He said: ‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw its largest weekly outflow in history. “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. The world's first social media-managed NFT shares its views and plans with Cointelegraph Another country of interest is Venezuela, as OPUS states that there is a growing adoption by blockchain technology. hopefully Will we find out whether XRP is a security? 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. Arslanian noted that PwC recently published their 2020 Crypto Hedge Fund report, which shows the total assets under management of crypto hedge funds globally increased to over $2 billion in 2019, as compared to $1 billion from the previous year Treasurys, have been providing minimal yields in recent years BTC aggregate spot exchanges volume Shultze-Kraft said: Huobi Global looks to become key player in Polkadot ecosystemNEWS 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 time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO Across the board, these partnerships with product and platform providers allow us to bring the right answers to our clients.” 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 The program draws on the same program that was launched on Polkadot’s sister network and parachain Kusama in February Blockchain is already improving the way artists, especially independent ones, are paid and increasing the amount they get to keep while also streamlining the process of copyrighting and distributing the work, which doesn’t just end there 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. This time around, the block reward halving was met with relatively low selling pressure. A better method is to monitor the perpetual futures (inverse swap) funding rate. Source: Binance Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. We will be sharing more details in the coming weeks, but I’m excited to announce that we will be launching v1 of our platform on Dec It’s also potentially far more interesting from the perspective of play and assumed personas as virtual reality inches closer towards widespread adoption. The good news about the slowness of this transition is that DApps and DeFi platforms will be able to move over at their leisure based on real-world evidence of viability, security and adoption 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. One of the major altcoins that might benefit from PoW miners leaving Ethereum is Ethereum Classic (ETC), a more conservative version of the blockchain that reportedly has no PoS-related plans Ripple Files Final Motion to Dismiss Class-Action Securities LawsuitNEWS 3 key metrics to watch as Bitcoin price tries to top $20,000HOW TO CRYPTO 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 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. Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors Funding rates ensure there are no exchange risk imbalances DeFi needs real-world adoption, not just disruptive pioneering On Nov First, the $18,500 area is critical to ensure that the bullish market structure of BTC holds Indeed, Ethereum will move away from mining in the future When sellers (shorts) are the ones demanding more leverage, the funding rate goes negative It also allows users to tip their favorite artists directly An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. BTC perpetual futures weekly funding rates Further upgrades building on Delphi’s new features are expected to be proposed by Nomadic Labs before early December. While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied 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.” I hope that the wider Axie community will shower me with love In March 2020, the price of Bitcoin dropped below $3,600 on several major futures exchanges Because institutional investors are seasoned investors with vast money-market experience, they follow the above practices to limit their risks and maximize their returns And the less volatile an asset is, the lower the risks are for investors. Ripple Files Final Motion to Dismiss Class-Action Securities Lawsuit Bitcoin vs He said: Delphi was proposed on Sept 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: She wrote: U.S In 2018, many newcomers got their first taste of what a crypto winter feels like Blockchain-based music streaming platforms are trying to tackle this very problem “As you begin to carry out the mandate given to you by the American people to restore trust in the federal government, I would like to highlight several areas where you and your team should immediately reverse the actions of your predecessors,” she wrote. By promoting developer best practices for DeFi protocols, the Polkadot ecosystem can become stronger than ever.” For example, KPMG offers a number of blockchain-based software solutions Each time a G1 candle appeared, Bitcoin saw a prolonged upsurge for several years 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 The infrastructure and ecological investments come after Polkadot creator Gavin Wood argued on Thursday that Polkadot and Ethereum can co-exist By subscribing, you agree to our Uquid Thus, they are an integral part of the online drugs trade.” 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. Related: Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist Independent and upcoming artists are often on the receiving end of a strong sense of community, which translates into a constant stream of financial support from fans The sharp increase in AUM suggests a similarly accelerating demand from institutional investors. Other platforms such as Mediachain, Musiclife, eMusic and others focus on the same royalties issue and use similar technology to provide independent artists with a bigger piece of the pie they are effectively creating 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. “As you begin to carry out the mandate given to you by the American people to restore trust in the federal government, I would like to highlight several areas where you and your team should immediately reverse the actions of your predecessors,” she wrote. As such, Philip Swift, the creator of cryptocurrency market data platform lookintobitcoin.com, stated: “Such high levels of HODLing have been present at the start of previous Bitcoin bull runs.” Source: Digital Assets Data 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 A handful of negative indicators will not precede every dip, but there are some signs of weakness more often than not 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility of parole for using the darknet to sell fentanyl 4, Ripple argues that the plaintiffs’ case is contradictory and “self-defeating.” Alongside a reiteration of previous arguments, the company now also claims that, even if XRP were a security, the statute of repose had passed before the lawsuit was brought to court. He said: As Cointelegraph reported in August, the suit gained traction this summer when Sostack appealed to SEC guidelines. By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level. And Facebook’s Diem, formerly Libra, is part of that future. Additionally, the Web3 Foundation announced the launch of the “Thousand Validators Programme,” which will provide education, support, and funding aimed at increasing the number of network validators for the platform. It’s a joint undertaking from Nomadic Labs, Metastatic, and Gabriel Algour intended to “help individuals developing smart contracts on Tezos.” But, given that the amount of BTC held by whales did not increase, it suggests the BTC market became less concentrated with new entrants. As is the case with many things, the distribution of royalties to artists resembles a Pareto chart where a very small percentage of artists account for the majority of music streams and thus royalty earnings. XTZ is currently trading for $2.06 each. By measuring how much more expensive futures are versus the regular spot market, a trader can gauge their bullishness level. 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. CT: How do you see your role? There have been many branded social channels for companies in the past, but you might be the first-ever branded NFT He told Cointelegraph that as per his company’s own research and analysis, the volume of crypto funds stolen within the first quarter of 2020 may actually be closer to the $2 billion mark, highlighting: I hope that the wider Axie community will shower me with love Instead, it’s a sign of the natural development that all new markets go through as they enter into the mass adoption phase, which will result in a more mature, more stable, less volatile cryptocurrency sector. This indicates that traders anticipate large price swings and potentially steep sell-offs to occur. This dampens the volatility and increases the market’s liquidity 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 Below $18,500, the next major macro support area is the $16,000 to $16,500 range, which BTC tested on Nov If whales think the price will go up, they'll withdraw $BTC a lot It’s time to mature: We need compliant decentralized finance With institutional investors, crypto looks forward to a brighter future The trader also said: “A Green 1 candle signals the start of an upward trend total debt has now passed $27 trillion for the first time in history, according to the U.S Therefore, those traders will be the ones paying up the fees. Professor Talis Putnins, co-author of an influential University of Technology Sydney report on cryptocurrency and illegal drugs, had this to say about cryptocurrencies: The Big Four Are Gearing Up to Become Crypto and Blockchain Auditorsn companies The firm is a mere $200 million away from reaching $10 billion in AUM. 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. A handful of negative indicators will not precede every dip, but there are some signs of weakness more often than not “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. With institutional investors, crypto looks forward to a brighter future “Chainlink is excited to help steer the direction of Polkadot's growing ecosystem of decentralized financial applications At the start of October, the derivatives exchange was charged with operating an unregistered trading platform and violating anti-money laundering regulations. Futures contracts should not trade below spot exchanges A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level Raoul Pal, the CEO of Real Vision Group, said: Perhaps we will see a shake up when it comes to the players included in the Big Four.” 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. A pseudonymous trader known as “CryptoGainz” believes that the ideal entry point for Bitcoin traders is now above the $19,500 resistance level pic.twitter.com/Re4o3PHrel A better method is to monitor the perpetual futures (inverse swap) funding rate. Blockchain-backed projects can also create monetary incentives for music fans, making the whole experience more interactive and rewarding The six month candle will close today as a G1 BTC saw a severe sell-off every time this area was tested in the past week. Want to stake ETH but don’t have $14K? This protocol can help 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 In this instance, the music industry, which has too often been dominated by gatekeepers, will go under the microscope While some platforms such as eMusic reward fans through exclusive content and lower prices, other methods are also being applied The open interest of buyers and sellers of perpetual contracts is matched at all times in any futures contract Sudden shifts to the negative range indicate a strong willingness to keep short positions open And the second important piece was an anonymous or private way of making digital payments that was difficult to trace by authorities Axia: I don’t ever see myself marrying a hooman, but I think the world between hoomans and NFTs will definitely bridge With that said, this will drive interest in cryptocurrencies until the global economy advances to a phase where traditional assets start performing well again Shopping mining means that new tokens or coins are generated every time a customer buys an item — and smart contracts are used to ensure that these assets can be put toward other purchases in the future Fresh off its second-best quarterly close on record, Bitcoin is up almost 50% in 2020, while gold has managed just half of that at 25.6%. 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