Number tõuse! Aga miks?

November 4, 2021by Mark Murdock

4. november 2021 / Unchained Daily / Laura Shin

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Igapäevased bitid ✍️✍️✍️

• The interagency “crypto sprint” has sõlmitud, says the acting US comptroller.

• 10% of China’s population has avatud a digital yuan wallet.

• A report from JPMorgan shows that firms could save $100 billion in cross-border costs if they were to use CBDC.

• Binance on arvestades blacklisting addresses associated with the Squid Game token.

• Coinbase users can now laenama $1 million using bitcoin as collateral; Coinbase is also testimine a subscription service, Coinbase One, that would give users access to features like zero-fee trading.

• Bitcoin mining revenue for October was the teisel kohalkunagi.

• Krüpto laenuandja Celsius omandatud GK8, a cybersecurity company, for $115 million.

• The Commonwealth Bank of Australia will soon pakkuma retail customers crypto trading capabilities.

• Data shows that people from lower-income jobs are loobumine due to the performance of their crypto investments.

• BitMEX nõuete it is now carbon neutral.

• Lower trading volatility could mean the crypto market is maturing, according to CoinDesk.

• The EOS Foundation CEO ütles that “EOS, as it stands, is a failure” in a speech on Wednesday.

• Bitcoin mining firms are experiencing viivitusi in receiving equipment due to a global supply chain crisis.

• A single SHIB holder kolis $2.9 billion worth of tokens from their wallet yesterday.

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Mida meemeerite?

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Mis on Poppin?

The Bull Run Round-up

The total cryptocurrency market is less than a 5% increase from hitting $3 trillion, according to data from Coin Gecko. For context, as an asset class, crypto was less than $1 trillion on January 1, 2021. Bitcoin, Ethereum, Solana, Polkadot, Shiba Inu, and Terra, or 60% of the top 10 tokens by market cap (non-stablecoins), have reached a new all-time high in the last 30 days.

With such an exuberant market, it seems like today would be an excellent time to take a look back and try to digest the stream of events that have led to the latest crypto bull run.

Bitcoin Futures ETF

The bull market got a fresh wind when the ProShares’ Bitcoin Strategy (BITO), the first SEC-approved US bitcoin (futures) ETF, began trading on Tuesday, October 19th. Bloomberg’s Eric Balchunas teatatud that the ETF held over $1 billion after just two days of trading, becoming the second-fastest ETF to hit such a landmark — outpacing $GLD. Notably, Bitcoin hit its all-time high, $67,276.79, on BITO’s second day of trading,

While not a spot bitcoin ETF, the ProShares’ managed futures ETF was the first such product to be approved by the SEC. Subsequently, Valkyrie and VanEck also launched futures-based ETFs.

Meta Is Good for the Metaverse

Facebook ümber kujundatud to Meta last Friday in an effort to rebrand the social media giant as a metaverse company. While much of Meta’s focus appears to be on augmented and virtual reality products, CEO Mark Zuckerberg did hint at NFTs, or virtual goods, playing a hefty role in Meta’s vision.

Since Meta’s decision, metaverse-based tokens have exploded in popularity. The Metaverssi indeks from Index Coop, a DeFi protocol offering tokenized indices, rose 76% over the past seven days on the backs of tokens like $SAND, $ILV, $MANA, $AXS, and $ENJ.

Solana — An NFT Pump?

Solana’s native token, $SOL, reached a new all-time high yesterday, breaking across $240 for the first time. In the past week, $SOL climbed into the top five of tokens by market capitalization, flipping Cardano’s $ADA. Solana now has a market cap over $70 billion.

While the reason for Solana’s jump in price is harder to pinpoint, Messari’s Mason Nystrom märkida that Solana’s NFT ecosystem has seen “formidable growth,” with total secondary sales reaching $500 million in the past three months.

The Ethereum Supply Shift

Ethereum hit a new all-time high yesterday above $4,600.

Why? Well, as covered on Facebook Bulletin, Ethereum changed its supply schedule in August by implementing Ethereum Improvement Proposal 1559 (EIP-1559), which resulted in a mechanism that burned ETH when network demand increases over a certain level.

Aasta andmetel Plokk, Ethereum has actually begun burning more ETH than it issues. Since October 26th, Ethereum’s net issuance is approximately negative 8,900 ETH, or -$3.96 billion. Essentially, Ethereum is becoming a deflationary asset, making ETH more and more scarce with each day of negative issuance.

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Soovitatavad lugemised

• @CroissantEth on NFT use cases:

•  Representative Tom Emmer and Representative Darren Soto on why it doesn’t make sense for bitcoin futures ETFs to be traded while bitcoin spot ETFs are not:

• Spartan Group’s Jason Choi on getting rich in crypto:

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Podis…

Tor Bair of Secret teemal, miks erasektori nutikad lepingud on olulised

Secret Network on privaatsusele keskenduv lubadeta 1. kihi plokiahel, mis on loodud arvutusliku privaatsuse tagamiseks. Secret Networki arendaja Secret Foundationi asutaja Tor Bair arutleb selle üle, mis teeb Secret Networki ainulaadseks, sealhulgas nutika lepingu privaatsus, NFT-de privaatsed metaandmed ja kuidas regulaatorid peaksid privaatsustehnoloogiat plokiahelas kohtlema. Kuva esiletõstmised:

• kuidas Tor krüptojänese august alla kukkus
• mis on salavõrk ja kuidas see plokiahelasse privaatsust toob
• miks avalikud plokiahelad on problemaatilised
• mille poolest erineb Secret Network Monerost või Zcash'ist
• kuidas Secret Network töötab tehnilisest vaatenurgast
• mis tüüpi rakendusi Secret Network toetab, mida avalikud plokiahelad ei suuda
• miks plokiahela hääletamine on ilmselt halb mõte (praegu)
• millised ründevektorid on seotud Secret Networkiga
• kuidas salavõrgu sõlmed töötavad ja miks neid on ainult 50
• kuidas Secret Network parandab kaevandaja ekstraheeritava väärtuse (MEV)
• millised DeFi rakendused on salavõrgus võimalikud
• mille poolest erinevad salavõrgu NFT-d avalikest plokiahela NFT-dest
• kuidas reguleerivad asutused peaksid salavõrku kohtlema

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Raamatu värskendus

Saate seda osta siit: http://bit.ly/cryptopians