Day: April 8, 2021

ChainSwap raises $3M from investors including Alameda Research and NGC Ventures

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Cross-chain asset bridge and application hub ChainSwap has closed a $3 million strategic funding round with participation from some of the biggest names in decentralized finance and the crypto industry. In an April 7 announcement, ChainSwap stated that it raised the funds in order to accelerate its vision of creating a multi-chain and multi-asset application hub. Participants included some big names in crypto and DeFi such as Alameda Research, OKEx’s venture arm OK Block Dream Fund, NGC Ventures, Spark Digital Capital, Metaconstant Ventures, CMS Holdings, Rarestone Captial, SRC Capital, DAO…

What is Bitcoin and How to Invest?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BINANCE: Free Account Link: A short real time advice and strategies about bitcoin and how to invest. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

3X as many crypto figures make it onto Forbes 2021 billionaires list as last year

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Forbes released their annual billionaires list on April 6, with Amazon overlord Jeff Bezos and his $177 billion topping the list for a fourth consecutive year. Announcing Forbes’ 35th Annual World’s Billionaires List — The Richest in 2021 #ForbesBillionaires https://t.co/Sc7ie8JlQI pic.twitter.com/YniOjfZwSi — Forbes (@Forbes) April 6, 2021 The “digital gold rush” has seen nine new crypto billionaires join the Forbes list, pushing the total up to 12 (depending on whether you count the Winklevoss twins as one or two entries.) That’s up from just four in last year’s Forbes World’s…

Miners are hoarding Bitcoin from record daily earnings

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Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March. Data from on-chain analytics provider Glassnode shows that miners’ BTC balances have been increasing since late March, following heavy outflows throughout January and consistently reduced selling during February and earlier in March. Glassnode CTO Rafael Schultze-Kraft, notes several metrics pointing to recent miner accumulation — including flows from miner addresses, unspent BTC supply, and miner position net change. Glassnode’s data shows that unspent supply — BTC that has…

How Chainlink’s Pallet Aims to Deliver Greater Informational Access – Technology Bitcoin News

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As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama. Blistering Growth in Defi and Smart Contracts Beckon New Layer of Trust As the smart contract revolution continues to gain traction, the fissures and flaws in existing infrastructure that supports these transactional protocols are becoming more apparent. Among the chief issues facing smart contracts, costs and security are the main factors in the spotlight. To…

Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K

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Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling down on $400,000 Bitcoin’s price target. Sentiment nosedived following Bitcoin’s drop below $60,000 to its current price of $56,300 and Ethereum’s dip under $2,000 this week, according to Santiment. Ether is currently trading at $1,986 The crowd mood toward #Bitcoin and #Ethereum appears to have dropped to extreme negative territory after $BTC fell back under $60k & $ETH dipped back under $2k this week. Historically, buying during this…

Best BTC mining site 2021, New Free Btc Bitcoin mining site 2021 | Free btc earning site 2021

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Here’s Why Bitcoin Price Could Struggle To Gain Momentum Above $57.5K

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Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline towards the $55,500 level. The price is now trading well below the $57,500 support and the 100 hourly simple moving average. There was a break below a key contracting triangle with support near $57,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…

Kyber Network introduces Uber-style surge pricing for DeFi token swaps

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Decentralized exchange Kyber has launched a Dynamic Market Maker, or DMM, in what it claims is a world first. The new platform, which was announced on April 5, has been designed to optimize fees and enable extremely high capital efficiency for liquidity providers. One of the major differences between Kyber’s new platform and regular Automated Market Makers, or AMMs, is the fee generation system. While platforms such as Uniswap charge a fixed trading fee of 0.3%, the new DEX will calculate fees dynamically, increasing during times of high volatility and…

Top Cryptocurrency Market capitalization (2000 – 2021) – Discovering Data

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Top Best Cryptocurrencies Market Capitalization (2000 – 2021) We all know Bitcoin is the King of Crypto but what about the other currencies… Let’s have a look. Visualization of the evolution of various cryptocurrencies throughout the history of crypto according to their market caps. Data used includes all of the top 200 cryptocurrencies but only the top 20 are ever shown for clarity. ————————————- Subscribe to our Youtube Discovering Data channel here – ————————————- Source: ▶ Coinbase Website: Coinbase.com ▶ CEX Website:…