Month: January 2022

Bitcoin Whales Were Active on Coinbase Amid a Quiet Holiday Week

But following the big buys, both large buy and sell orders for bitcoin were placed on Coinbase right before the expiry of bitcoin’s options contract on Dec. 31. On Jan. 1, on the other hand, sell orders with more than five bitcoin dominated Coinbase’s BTC/USD trading pair volume. These large trades, however, did not cause any spikes in Coinbase’s spot market share, according to Kaiko’s Medalie, meaning that similar activity was taking place on other exchanges over the same time period. Source

Bitcoin Whales Were Active on Coinbase Amidst a Quiet Holiday Week

But following the big buys, both large buy and sell orders for bitcoin were placed on Coinbase right before the expiry of bitcoin’s options contract on Dec. 31. On Jan. 1, on the other hand, sell orders with more than five bitcoin dominated Coinbase’s BTC/USD trading pair volume. These large trades, however, did not cause any spikes in Coinbase’s spot market share, according to Kaiko’s Medalie, meaning that similar activity was taking place on other exchanges over the same time period. CryptoX Portal

Cardano became the most developed crypto on Github in 2021 — Santiment

boss

According to data compiled by CryptoRank and Santiment, Cardano (ADA) was the most developed crypto on Github in 2021, with over 140,000 events.  Rounding out the top three were Kusama and Polkadot at second and third places, respectively, with roughly the same number of events over the year. Cardano beat Ethereum’s development activity by a wide margin, with the latter coming in at fourth place. Santiment defines a Github event as either creating an issue, creating a pull request, commenting on an issue or pull request, and forking/starring/watching a code…

DeFi Startup Earnity Accused of IP Fraud in Cred Bankruptcy

In a motion to compel filed last week with the U.S. Bankruptcy Court for the District of Delaware, the trust acting in the interest of Cred lenders said that former Cred executives “secretly conspired” to form Earnity. The new DeFi company, under its beneficial owner Dominic Carosa, then purchased Cred’s electronics, computers and other assets from the trust without disclosing its ties to Cred. Source

VeChain Foundation Announces New Stablecoin, Fresh Demand For VET?

boss

The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll be “something special (…). Something that will allow us to take VeChainThor to the next level in multiple ways”. The stablecoin VeUSD will be a tool to “unleash” DeFi capabilities for the VeChain ecosystem. The…

As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls – Economics Bitcoin News

boss

U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on Corporate Greed, Monopolistic Behavior America is dealing with the worst inflation in over four decades and the White House thinks that tougher anti-monopoly policy could fix the situation. Furthermore, a few congressional leaders want to…

Why is Web3 So Crucial for Avalanche Dapps?

boss

With the rapid pace of progress and innovation, blurred together with at least as much buzz-word saturated hype, it can become easy to get lost in the growing wave of news, advertisements, and social media blasts around the next big thing. Two of these buzzwords driving conversation are “Web3” and “Dapp”.  What makes it more difficult is that you can’t just dismiss the news on either term.  There are genuinely world-changing innovations that are being developed, and entire ecosystems are growing so rapidly that they feel like they are appearing…

Samsung uses blockchain technology to address climate change

Samsung Electronics America announced Monday at the CES tech conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. Veritree uses blockchain technology to manage the reforestation process and verify each tree that is planted. The tree-planting initiative is part of Samsung’s nature-based action plan on environmental sustainability, specifically to capture and sequester carbon dioxide (CO2) from the atmosphere. The goal is to restore roughly 200 hectares of land and sequester roughly 1 billion…

The Year The Secular Bitcoin Bull Run Could End

boss

When the December 31, 2021 candle came to a close in Bitcoin, it didn’t just begin a new calendar year – it triggered a sell setup of epic proportions. Here is why the secular bull run in cryptocurrency could come to an end this year, and the first true bear market emerge. Bitcoin Yearly Chart Triggers First Ever Sell Setup You wouldn’t know it based on the recently bearish price action, but Bitcoin has been in an ongoing bull market since the second the genesis block was generated exactly thirteen…

SPACE to Lead the Way in the Social Commerce Arena

boss

The Metaverse is changing the way we interact with one another, turning the two-dimensional world of the internet into a 3-D world where we can meet, communicate, engage, and even play games together. SPACE has taken this one step further with their own virtual world, which propels the user into colorful and friendly environments to meet, exhibit art, and hold our global conference. SPACE is set to become one of the biggest names in Metaverse technology, powered by their latest fundraising round. The innovative company has raised $7 million from…