Blockchain

Digital Assets update

MicroStrategy Liquidates $103M Worth Bitcoin Alongside Bitcoin’s drop under $25,000, it is important to recall MicroStrategy’s CFO’s comments. The comments were regarding the possibility of getting a margin call at $21,000 on the company’s huge BTC holdings. On the May 3 earnings call, Phon Le, the firm’s new Chief Financial Officer, described the collateralization method …

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CRYPTO WEEKLY MARKET UPDATE

Twitter and Stripe roll out USDC payout program for creators via Polygon On Friday, Twitter (NYSE:TWTR) and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able to receive their earnings on the platform in the form of …

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Crypto weekly headlines

The world’s largest investment company BlackRock will allow clients to invest in cryptocurrencies The world’s largest financial asset management company BlackRock is preparing to offer customers products for trading cryptocurrencies. This writes CoinDesk, citing sources. ? The company, which manages more than $10 trillion in assets for institutional investors, intends to enter the cryptocurrency space …

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Crypto Stats and news for beginning 2022

The trading volume on decentralized Ethereum exchanges exceeded $1 trillion in 2021. The segment leader Uniswap accounted for more than 64% ($686 billion). SushiSwap exceeded $156 billion, Curve – $84 billion. The year 2021 opened a lot of L2 solutions to the cryptocurrency community to scale Ethereum. The total blocked liquidity in such protocols exceeded …

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Bitcoin’s death has been announced 42 times this year vs. 124 times in 2017

? The cryptocurrency market has seen high volatility in recent days. And the price of Bitcoin has crossed the psychological level below $50k this month. ? If you consider the current time of cryptocurrency market, the number of times Bitcoin was “seen off” was 42 times, which is 3 times more than the entire year …

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How exchanges created the last week crypto market crash

The owner of exchanges don’t really care the price. THey are doing business to print profit/revenue in every month/quarter. Binance is a big player in all exchanges. The last crash at last Saturday was definitely created by Binance. Open Interest was swept out bigly. In the eyes of traders, this was crash/market bloody/nightmare/Fear but in …

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Crypto update, Ethereum and Florida

Ethereum (ETH) Average Gas Down 50% in Six Weeks Ethereum (ETH), the second cryptocurrency, is often criticized for high transactional fees (gas). At the same time, on average, transactional fees are plunging for six weeks in a row. Ethereum average gas fee lost 50% in less than two months. According to data shared by third-party …

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ETHEREUM is well on its way to becoming one of the most productive assets in the world

The Ethereum blockchain began in 2015, offering 72M $ETH to over 10,000 #Bitcoin  addresses who participated in the ICO. Fast forward to today, there is now 118M $ETH from block rewards across 135,734,686 recorded wallet addresses. Of the initial ICO participants: -81% of these wallets have only 1% of their initial balances or less -9.5% …

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European Central Bank (ECB) to step up oversight of cryptocurrency payments

The governing council of the European Central Bank (ECB) approved expanding oversight of electronic payments to cover cryptocurrency transfers and digital token payments. ? According to a press release issued by the ECB on Monday, the new policy is part of the central bank’s updated framework for Eurosystem electronic payment instruments, schemes and mechanisms (PISA). …

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