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Day: May 14, 2020
Spotify-like Subscription Model Proposed For Collateral Payments
A new blockchain protocol funded by Web 3.0 Foundation promises to reduce collateral requirements in DeFi and cross-chain applications. Interlay received a grant from the foundation to build a bridge between Polkadot and Bitcoin (BTC). The latest paper to come out from this project, “Promise: Leveraging Future Gains for Collateral Reduction”, proposes a new protocol . Alice & Bob engage in ongoing relationship The easiest way to explain how Promise works is through an example. Let’s say, Alice engages Bob as a service provider for a series of tasks, and…
Ethereum about to trigger Altcoin BULLRUN?! Bitcoin Price Analysis! Bitcoin News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today I discover a hidden bullish trend on Ethereum that could trigger an Altcoin Bullrun! Is an Altcoin Bullrun Possible? Well Altcoins have been tanking recently so it could be nothing more than a relief rally but I AM GOING LONG ON ETH! Also today i analyse the price of bitcoin and tell you where i think the key levels for bitcoin trading are! Today i analyse bitcoin price and do bitcoin analysis & ethereum analysis today.i also look at how the…
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate the same, but withdrawals are only affecting certain exchanges. Crypto Exchange Bitcoin Withdrawals Grew Before the Halving, While Tether Rises Just recently, the BTC blockchain experienced its reward halving and a number of observers are…