Category: Crypto

Bitcoin Signal

 Aave’s reaction to Jack Dorsey’s new plan: Build Twitter on the Ethereum blockchain

In a proposal, the founder of Aave asked his development team to create an Ethereym version of the Twitter network. Stani Kulechov made the remarks in response to Jack Dorsey’s new plan for a Bitcoin-focused financial services development platform. The founder of Aave unveiled his social media plans Kulechov is interested in decentralized social media,…
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The integration of blockchain staking and DeFi was made possible by the Unifi protocol

The Unifi protocol is the first decentralized financial platform to integrate two DeFi network staking nodes It has been blocked. In this method, the nodes in the six main blockchains are combined with seven Unifi networks. Blockchain authentication is a large industry and will be further developed in the future by adopting a stock proof…
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China’s first carbon offset blockchain launched in Tianjin

Tianjin, famous for its vast oil refineries, launched China’s first carbon offset blockchain. This coincided with the development of the country’s carbon trading platform. A carbon offset is a reduction in the emission of carbon dioxide or other greenhouse gases. The announcement was made by the Tianjin City Pollutant Control Center at a news conference…
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Sixteenth burning token event had no effect on BNB price

Token burning is one of the most notable events among users that occurs once every three months. In the 16th phase of this process, Binance burned about $ 400 million in BNB tokens. Token burning means the permanent removal of a number of coins or tokens circulating within the network of a currency code. This…
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Opening of the Bitcoin Mining Museum in Venezuela

Venezuela re-registers its name in the books. The first country to develop the CBDC central currency digital currency: the failed Petra project. Now the country wants to open the world’s first bitcoin mining museum. Although only twelve years have passed since the life of the bitcoin, everything has happened so fast that it seems as…
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Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate

Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it’s still the new entrants who are selling, while the hodlers continue accumulating. James Butterfill, Investment…
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Number of Bitcoin Holders Shoots to Record High, Data Shows

The number of bitcoin (BTC, -4.55%) addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a record for the seventh consecutive day on Monday, taking the total to 545,115, according to…
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‘Extreme Fear’ Grips Bitcoin Market After Price Plunge, Sentiment Gauge Shows

The drop in market sentiment follows the past week’s bitcoin price plunge, according to Arcane Research. The Crypto Fear and Greed Index, a metric that measures the current sentiment in the bitcoin market, has fallen to “extreme fear” levels not seen since April 2020, a report Tuesday showed.   The drop in market sentiment follows…
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SEC Warns Mutual Fund Investors of Bitcoin Futures Risks

The U.S. Securities and Exchange Commission (SEC) warned investors in mutual funds that invest in bitcoin (BTC, +1.02%) futures products to monitor risks around the digital asset and the funds investing in the sector.   Bitcoin is a “highly speculative” asset, the staff statement, published Tuesday, said. The note warned that investors may be taking…
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Goldman Sachs Offering Bitcoin Derivatives to Investors

The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades. Goldman Sachs is offering investors access to non-deliverable forwards (NDFs), a derivative tied to bitcoin’s price that pays out in cash, according to a Bloomberg report. When reached by CoinDesk, the investment bank confirmed the news. The…
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