Day: September 7, 2022

Number of unique BAYC buyers plunged in August to second-lowest on record

boss

According to data from cryptoslam.io, the number of unique buyers for the nonfungible tokens (NFT) collection Bored Ape Yacht Club (BAYC) has fallen to 263 for the month of August, with 438 total transactions. These metrics were the second-lowest on record since the collection’s launch in April 2021.  Since crypto winter began earlier this year, the average transaction value of BAYC NFTs has fallen to $106,456, compared to a peak price of $312,101 per ape collectible in April 2022. In May 2021, the collection saw the peak number of buyers…

Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warning

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 relief bounce “still likely” says trader Data from Cryptox Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows coming in at $18,540 on Bitstamp. The pair put in its lowest levels since June 30, taking liquidity from the July floor and only marginally recovering on the day. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Downside…

Bitcoin Breaks Key Support Of $19,000 As Bulls Sweats, What Is Next?

The price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000, with the price stalling on the next movement. Despite so many expectations of the price having a short squeeze to a range of $21,600 before Bitcoin (BTC) next moves down, this wasn’t the case as the price broke below key support of $19,000. (Data from Binance) Bitcoin (BTC) Price Analysis On The Weekly Chart  Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.com The price of BTC has had difficulty…

ƏN ÇOX PUL QAZANDIRAN VƏ ÖDƏNİŞ EDƏN SAYT! / Bitcoin mining / İnternetdən pul qazanmaq

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hərkəsə salam. Bu videoda sizlərə hər zaman olduğu kimi internet üzərindən pul qazana biləcəyiniz yni bir sayt tanıtdım.Biz burada bitcoin mining edərək yksək qazanclar əldə edə bilərik.Yüzlərlə belə sayt və tətbiq var təbii ki , ancaq bu sayt ödənişimizi dəqiq edir və heç bir yalan yoxdur.Özünüz də videonu izləyib ətrafı məlumata sahib olub , buradan müxtəlif qazanclar əldə edə bilərsiz. Link – Əgər sizdə bu mövzularla maraqlanırsızsa və pul qazanmağın daha qısa yollarını axtarırsınızsa kanalımız tam sizə görədir.Abonə olaraq videolardan yararlanın və…

How high transaction fees are being tackled in the blockchain ecosystem

High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs. What are transaction fees? Transaction fees are fees that users pay to send a transaction or interact with a smart contract on a blockchain network. While gas fees can refer to transaction fees on any blockchain, the term is mainly used to describe the Ethereum network transaction fees. Transaction fees are paid in…

Why DeFi Insurance Needs a New Design

Technical insurance directly targets the potential of smart contract failures or attacks. Smart contract exploits are the best known form of technical risk in DeFi protocols. Nomad, Wormhole, Cream, Ronin, Badger DAO, Horizon bridge and Beanstalk have been some of the notable DeFi exploits of the last few months. These types of exploit are obviously unexpected and regularly result in irreversible losses in DeFi protocols. They are a natural candidate for insurance models. Source

NBA to Develop NFT-Based Fantasy Basketball Game With Sorare

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

‘Love Island’ Twins’ Crypto Instagram Posts Misled Viewers, UK Ad Authority Says

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

US Bank Watchdog Says He’s Not Budging on Crypto Distrust

Recent events have reinforced that position, he said Wednesday at a Clearing House and Bank Policy Institute conference – one of the largest annual events to discuss banking policy. Hsu cited the collapse of Terra and the LUNA token in May, which he said “sparked contagion across cryptocurrencies, resulting in several crypto platforms failing, forcing numerous exchanges to close, and driving large losses and reductions of staff at a number of publicly traded companies.” Source