The reality is that Swift, and most artists, don’t need to share earnings with their fans, because why would you pay a TSA dog? They’re doing their job well. They’re happy. They’re very, very loyal. In fact there’s an overabundance of loyalty that, in an artist’s view, is unlikely to become scarce in the near future. Why fix it if ain’t broke, right? Source
After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls’ dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant. Total crypto market cap, USD billion. Source: TradingView The worsening conditions are not exclusive to crypto markets. The price of WTI oil ceded 3.6% on Aug. 22, down 28% from the $122 peak seen on June 8. The United StatesTreasuries 5-year yield, which bottomed on Aug. 1 at 2.61%, reverted the…
Bitcoin’s current reading, while slightly above 30, indicates that BTC is undervalued, although the recent price moves have come on lower-than-average, trading volume.. Lower-than-average trading volume can imply a lack of conviction in a trade both now and in the near future. As markets await Fed Chair Powell’s symposium comments on Friday, BTC will likely trade relatively flat on lower volume in the coming days. Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #google #crypto #dogecoin #ada #cardano #eos #bitcoin #cryptowendyo 00:00 Welcome back to the stream babes xox 01:40 The entire crypto market 02:17 #btc daily 03:40 #eth, 12h & 45m 05:00 Google/Alphabet invests $1.5b into #blockchain industry 08:45 Britain inflation rate highest in 40 years 11:10 Analysts fear FED minutes will affect 2023 easing 12:55 kraken CEO slams Tornado Cash sanctions 15:30 Joe Biden signs inflation reduction act into law 16:15 Defining #inflation 21:30 What is the lightning network? 24:00 What is #dogechain…
On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little as 15 wrapped Ether (wETH) worth $23,715 to pay back lenders. Approximately 15,000 ETH was lent using the mechanism. To save the protocol from a credit crisis, the Bend Dao dev team suggested that the liquidation threshold for collateral would be constrained to 70% of the loan value, down from 85%. Next,…
Blockchain technology has entered the culture and entertainment industry, a sector in CoinDesk Indices DACS. It represents a wide array of digital assets including the Metaverse. Source
Digitization refers to the transformation of publicly verifiable ownership, identity, and immutability enabled by blockchain technology. With the growth of the digital economy and crypto native ecosystems, participants increasingly need a way to express their digital identity to facilitate fast, verifiable and censorship-resistant transactions on the blockchain. Although Digitization is currently the smallest sector in DACS, it has a wide range of use cases, including helping brands establish digital identity, accept crypto payments directly, and allow patients to digitize their medical records to enable faster exchange of information without loss…
Digitization refers to the transformation of publicly verifiable ownership, identity, and immutability enabled by blockchain technology. With the growth of the digital economy and crypto native ecosystems, participants increasingly need a way to express their digital identity to facilitate fast, verifiable and censorship-resistant transactions on the blockchain. Although Digitization is currently the smallest sector in DACS, it has a wide range of use cases, including helping brands establish digital identity, accept crypto payments directly, and allow patients to digitize their medical records to enable faster exchange of information without loss…
Last week, the United States Federal Reserve Board turned its eye to banks and crypto, making (or promising to make) several clarifications, one of them pretty long-awaited. It announced that the final version of guidelines for reserve banks to access Reserve Bank master accounts and services is ready. For crypto, these guidelines hold a prospect of “the most stringent review,” to which non-federally insured institutions that do not have a holding company subject to Fed oversight would be exposed. It is still unclear whether the crypto banks will finally get…
2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close to being ready to let up. Crumbling crypto prices also equate to diminishing profits for Bitcoin miners and this week’s regulatory action by the United States lawmakers requesting energy consumption data from four major BTC mining companies is bound to exert a bit more pressure on an already fragile situation. Despite the increasingly bearish climate, most of the Bitcoin miners…