Number Go Up! De miért?

November 4, 2021by Mark Murdock

4. november 2021. / Unchained Daily / Laura Shin

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Daily Bits ✍️✍️✍️

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

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

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

• Binance az figyelembe véve blacklisting addresses associated with the Squid Game token.

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

• Bitcoin mining revenue for October was the második legmagasabbvalaha.

• Celsius kriptokölcsönző szerzett GK8, a cybersecurity company, for $115 million.

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

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

• BitMEX követelések it is now carbon neutral.

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

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

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

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

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Mit mémelsz?

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Mi az a 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 jelentett 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 márkanevet 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 Metaverzum index 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 neves 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.

A A háztömb, 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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Ajánlott olvasmányok

• @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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On The Pod…

Tor Bair of Secret arról, hogy miért fontosak az intelligens magánszerződések

A Secret Network egy adatvédelem előtt álló, engedély nélküli 1. rétegű blokklánc, amely a számítási adatvédelem érdekében készült. Tor Bair, a Secret Foundation alapítója, a Secret Network fejlesztője megvitatja, mitől egyedi a Secret Network, ideértve az intelligens szerződéses adatvédelmet, az NFT-k privát metaadatait, és azt, hogy a szabályozóknak hogyan kell kezelniük az adatvédelmi technológiát a blokkláncban. Fénypontok megjelenítése:

• hogyan zuhant le Tor a kriptonyúl-lyukba
• mi az a titkos hálózat, és hogyan viszi fel a titkosságot a blokkláncba
• miért problematikusak a nyilvános blokkláncok
• miben más a Secret Network, mint a Monero vagy a Zcash
• hogyan működik a Secret Network technikai szempontból
• a Secret Network milyen típusú alkalmazásokat támogat, amelyeket a nyilvános blokkláncok nem
• miért rossz ötlet a blockchain szavazás (egyelőre)
• milyen támadási vektorok léteznek a titkos hálózattal kapcsolatban
• hogyan működnek a titkos hálózati csomópontok, és miért csak 50 van belőlük
• hogyan javítja a Secret Network a bányász kivonható értéket (MEV)
• milyen DeFi alkalmazások lehetségesek a titkos hálózaton
• miben különböznek a titkos hálózaton található NFT-k a nyilvános blokklánc NFT-ktől
• hogyan kezeljék a szabályozók a titkos hálózatot

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Könyvfrissítés

Itt vásárolhatod meg: http://bit.ly/cryptopians