Analysts at CoinMetrics note that the USDC stablecoin is used especially actively during business hours in the US, while the preference for USDT is noticeable during the open markets of Europe and Asia.
Читать полностью…⚡️ The NFT platform OpenSea announced a staff reduction of approximately 20 percent.
Читать полностью…One of the scariest One of the scariest charts. Judging by it, we recently passed the peak of this bubble of charts. Judging by it, we recently passed the peak of this bubble 😱📉
Читать полностью…TOP15 Bitcoin wallets (including exchange wallets).
Curious balance changes on wallets.🤨
Miners support Taproot has reached ~ 70% of the network hashrate. To activate the Taproot soft fork in November 2021, you need to get 90% by August.
Taproot is a path to greater scalability and allows developers to build new technologies on top of Bitcoin. With Schnorr signatures, Taproot adds smart contract capabilities to Bitcoin that enhance privacy. It could also improve the privacy of the Lightning Network by making channels look like regular Bitcoin transactions if Lightning implementations decide to use Taproot.
The hashrate of Bitcoin - that is, the sum of all the computing power in the cryptocurrency network - is heading back to its all-time high. The recent drawdown is a thing of the past.
Читать полностью…Bitcoin: Reserve Risk
Another indicator indicating that we are still far from the peak values of this cycle.
As you can see, the previous Bitcoin price peaks were accompanied by an impressive increase in this indicator (reaching the red zone). Today, “reserve risk” is far from historic highs.
> Reserve risk allows us to visualize the confidence of long-term bitcoin HODLers regarding the bitcoin price at a given point in time.
> When confidence is high and price is low, then the risk / reward of investing in bitcoin is attractive (green area). When confidence is low and price is high, the risk / reward is not attractive (red zone). Investing in bitcoin during periods when reserve risk is in the green will generate large returns over time.
The hashrate of the Bitcoin network continues to recover from the recent drawdown. Now he is heading towards a new historic high.
Читать полностью…Steklo testnet launched to test ETH1 and ETH2 merger method
Steklo testnet launched to test the method of merging ETH1 and ETH2 Ethereum developers launched the Steklo testnet to demonstrate one method of merging two iterations of the network and explore a new way to execute and complete transactions.
As part of the ETH Global Scaling Hackathon project called Rayonism, developers from several Ethereum software labs have launched a testnet with ETH1 and ETH2 clients. One researcher called this network "the post-merger ETH1-ETH2 super experimental testnet."
The Steklo testnet aims to explore a new way of executing and completing transactions. The original idea of the main Ethereum developers was to keep adding updates to Ethereum 2.0 until the current version of the network is replaced.
Rayonism's new approach - if adopted - will support and merge two different chains. Transactions will take place on the current network, while consensus or completion of those transactions will take place on Ethereum 2.0. But for proof of concept, developers will first need a Steklo testnet.
The network launch work involved the collaboration of three ETH1 clients - Geth, Besu and Nethermind, as well as ETH2 clients - Teku, Prysm, Lighthouse and Nimbus. Besu Senior Product Manager Sajida Zouarhi said this is all part of the process of developing a better network:
> “We look forward to learning Ethereum scaling techniques at the Rayonism hackathon. Specifically, what do we need to move to Ethereum 2.0 in terms of specs, performance and development. So we are experimenting with ETH1-ETH2 fusion and sharding testnets to figure it out. ”
Nevertheless, according to Zuarchi, "the Steklo test network will not work for long - no more than a day." Ethereum Foundation researcher Diederik Loerakker said a longer testnet is due to launch next week.
> “Steklo is just the first of many steps towards ETH2,” Zuarchi said.
As a reminder, Ethereum 2.0 has recently reached a new milestone - the number of ETH blocked in the network's deposit contract has reached 4 million coins. This amount has more than quadrupled since the start of the signal chain in December.
This week the number of active addresses on the Ethereum network set a new record. The indicator was 771 thousand units, according to CoinMetrics. The previous maximum at the level of 739 thousand active addresses was held since November 2020.
Читать полностью…🔥 The number of transactions on the Binance Smart Chain reaches 6 million.
The daily number of transactions on the BSC network has grown by 1600% since the beginning of the year, while Ethereum has grown by only 30%. 😮
The number of transactions on the Ethereum network per day set a new maximum of 1.342 million units. This is more of the January 2018 results. Moreover, it is important to note that now the commissions on the network are 12 times higher.
This means that the demand for ETH is really huge.
Analysts at The Tie decided to compare existing blockchains. To do this, they took into account not only the throughput indicator - that is, the number of transactions that the network can handle per second - but also the finality, security and stability of the network.
Here are the results.
📈 Glassnode: The total amount of $ETH contributed to the 2.0 contract has already exceeded 13M ETH, representing 10.9% of the total turnover.
Читать полностью…If anything, today the new Terra LUNA is priced at $ 1.94 - and this is as much as 90 percent lower than the record that was set just 27 days ago. Here is a "wonderful" cryptocurrency chart.
Looks like Do Kwon's reputation can't be helped anymore.
The low price attracted new buyers, according to Glassnode. The company records new owners outside of the known address clusters on the Bitcoin blockchain.
Читать полностью…According to analysts at Glassnode, most of the recent bitcoin sales have been from investors who have bought the cryptocurrency within the last 3-6 months. It seems that they simply did not have time to get used to such leaps in rates.
Читать полностью…⚠️ When Markets are going down, it's time for smart decisions ⚠️
🚀 Drone (DRN) is launching its IDO Now! 🚀
🛸 Why Drone Cryptocurrency? 🛸
Drone is entering the market by targeting the most expanding and sustainable businesses, the Hospitality industry, the Hookah industry, the Aviation industry and the E-Commerce business. With is scope of those businesses combined, Drone will tilt the crypto market attention to its huge potential and targeted vision.
🕑 Starting Date : 20.05.2021 at 2:00 AM GMT
🕥 Ending Date : 07.06.2021 at 10:30 PM GMT
🪙 Price: 1 BNB = 37,500,000 DRN
📱 Smart-contract: 0xf6162756e5fc15cfacde2f9a3d3bacd1f51b1bf4
🔽 For more information
🔹Buy Drone: dronecoin.finance/#BUYDRONE
🔹Website: dronecoin.finance
🔹Twitter: twitter.com/dronecoins
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👀 Dogecoin creator Billy Markus was asked if he took green energy into account when developing cryptocurrency.
“I made doge in like 2 hours I didn't consider anything,” Marcus wrote.
Ethereum fees have never been so high. According to the BitInfoCharts platform, yesterday a transaction with the ETH blockchain cost the equivalent of $ 65 on average. Against this background, the February high of $ 38 seems like a pretty good option.
Читать полностью…The Wall Street Journal has published an article on Bitcoin and cryptocurrencies in general. Moreover, they began the material with the phrase "Have fun being poor", that is, "good luck to remain a beggar."
Usually, this meme phrase is used in conversations with non-cryptocurrency lovers who consider blockchain assets to be a scam.
Taking over the world, in general.
In 2021, 8.5 million tweets have already been written about Bitcoin this year.
In 2021 it was:
- 2 million more tweets than in 2018;
-5.7 million more tweets than in 2019;
-5.3 million more tweets than in 2020.
The largest online e-commerce marketplace in Latin America, MercadoLibre, now accepts bitcoins in its real estate sector. Excellent.
Читать полностью…🚀 While the cue ball is marking time, the ether has renewed its maximum of $ 2562.
Читать полностью…✅ Altseason is in full swing and 48 coins from the top 50 have already shown better profitability than BTC over the past 3 months.
Against this background, the share of bitcoin in the market fell below 51%.
Top 10 asset returns by market cap since the beginning of this year.
🔥 Binance Coin - 1408%
⚡️ Ripple - 713%
🤑 Cardano - 709%
Not bad, not bad