Day: July 25, 2022

The lasting agony of 3AC: Law Decoded, July 18-25

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The late spring and summer months of 2022 would be remembered not only for their extreme temperatures across the globe but also for a crushing streak of large crypto companies falling apart. Terra Lab in May, Celsius in June and now, the lasting agony of a Singapore-based crypto hedge fund Three Arrows Capital (3AC). Technically, 3AC was ordered for liquidation by a court in the British Virgin Islands on June 27, but it was last week, which has seen some further developments around the firm.  The liquidators of 3AC are…

Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T

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The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded flat near $22,400 and Ether (ETH) faced a 0.5% correction to $1,560. Total crypto market cap, USD billion. Source: TradingView The total crypto capitalization closed July 24 at $1.03 trillion, a modest 0.5% negative seven-day movement. The apparent stability is biased toward the flat performance of BTC and Ether and the $150 billion value of stablecoins. The broader data hides…

Introducing CoinDesk’s Sports Week

Projects like Socios – arguably just a turbo-charged loyalty rewards scheme – are just a glimpse of what’s possible. More ambitious are decentralized autonomous organizations (DAO) for sports that could give fans a say over club management, player recruitment, the styling of sportswear and even ownership. Though DAOs haven’t yet bought a major pro sports team, there have been attempts (notably in the case of the National Football League’s Denver Broncos), and, as Jeff Wilser details in a new feature, games like golf and yachting all have prominent DAO projects.…

MİNİNG YAPARAK 8000TL NASIL KAZANIYORUM? HANGİ EKRAN KARTI NE KADAR KAZANDIYOR? MİNİNG NASIL YAPILIR

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► KRİPTO PARA KALDIRAÇLI İŞLEM VE SPOT İŞLEM EĞİTİM VİDEOLARIM: ►Telegrama gel: ►ayrıcalıklardan ve çekilişlerden yararlanmak için 5 lira ve üstüne üye ol: ByNoGame BAĞIŞ LİNKİ ; Sosyal Medya: Instagram ► Twitter ► Merhaba arkadaşlar öncelikle iyisinizdir umarım. Hergün siz kardeşlerim için saygı çerçevesini bozmadan ev hali içinde ve internet üzerinden ücretsiz şekilde detaylı bilgisayar toplama rehberliği yapmaktayım ve sizlere pc toplama hakkında bir kaç eğitim vermekteyim. Umarım kanal hoşunuza gitmiştir iyi seyirler dostlar! 🙂 Sevebileceğiniz videolarıma aşağıdaki listeden ulaşabilirsiniz: ➤ En…

Bitcoin Puell Multiple Lifts Off From Buy Zone, Bull Momentum To Follow?

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On-chain data shows the Bitcoin puell multiple has started to leave the “buy” zone, a sign that the crypto may be heading towards bullish momentum. Bitcoin Puell Multiple Has Gone Up In Value During Recent Days As pointed out by an analyst in a CryptoQuant post, the BTC puell multiple is currently breaking out of the historic buy zone. The “puell multiple” is an indicator that measures the ratio between the daily miner revenues (in USD) and the 365-day moving average of the same. What this metric’s value tells is…

Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition – Economics Bitcoin News

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After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite the fact that two negative GDPs have always been considered a recession in the eyes of economists worldwide for years. Furthermore, U.S. treasury secretary Janet Yellen now insists that two declining GDPs is “not the technical definition.” White House Claims Two Consecutive Quarters of Falling GDP…

The Games and Economics of Tomorrow

Eventually, several chains that are dedicated to gaming will become dominant, with easy ways for video games companies to pay into the pool while generating a larger swath of rewards to give away in-game, which will move games beyond siloed one-off, single game currencies that nobody wants. Just as nobody wants to buy celery in the grocery store with celery coin and then switch to bread coin to buy a ciabatta roll, nobody will want World of Warcraft coin when you’ve got a general purpose coin that easily works across…

Is Ethereum Stronger Than Macro Factors? ETH Will Be Tested This Week

Ethereum has lost bullish momentum over the weekend and hints at a pullback in the short term. The cryptocurrency is still leading the current crypto market recovery with a 14% profit over the past week but might be negatively impacted by macroeconomic factors. Related Reading | Bitcoin Bulls Try To Recoup As BTC Dislodged From $22,000 Level At the time of writing, Ethereum (ETH) trades at $1,530 with a 5% loss in the last 24 hours. ETH’s price moving sideways on the 4-hour chart. Source: ETHUSDT Tradingview According to a senior…

Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan

Given the sharp drop in share prices, JPMorgan expects Coinbase and Robinhood to lower employee equity grants via RSUs, though it still expects “share creep from RSU issuance will drive dilution to a still substantial 7% pace annually in coming years.” The bank estimates if that 7% pace were to persist for five straight years, it could reduce the value of each company to existing shareholders by 30%. Source