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Arshad
@Arshad
Crypto Enthusiast, providing news that affects the market and giving my personal analysis.
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Report: Cryptocurrency miners are entering diversified fields such as AI
JPMorgan Chase said in a recent research report that Bitcoin miners are entering new business areas, including providing high-performance computing (HPC) services for the fast-growing artificial intelligence (AI) market to reduce dependence on cryptocurrencies.
Part of the cost of the new investment was provided by miners who sold tokens in recent quarters, the report said. Some bitcoin mining companies have changed their names to reflect the diversification, after Hive Blockchain Technologies
Part of the cost of the new investment was provided by miners who sold tokens in recent quarters, the report said. Some bitcoin mining companies have changed their names to reflect the diversification, after Hive Blockchain Technologies
Binance Labs invests in zkWAS infrastructure provider Delphinus Labs.
Binance Labs invested in zkWASM infrastructure provider Delphinus Lab. The goal of Delphinus Lab is to grow the ecosystem of Web3 DApps by building a dedicated application-specific rollup service on zkWASM. The company has implemented the first known open-source zkWASM virtual machine, enabling trustless computing and an application SDK.
The funding will be used for the continued development of zkWASM Hub, Delphinus Labs’ zkWASM-based application aggregation platform, which provides automated validation and batching services for Web3 application development.
#Binance #bitcoin #news
$BTC $ETH $BNB
Binance Labs invested in zkWASM infrastructure provider Delphinus Lab. The goal of Delphinus Lab is to grow the ecosystem of Web3 DApps by building a dedicated application-specific rollup service on zkWASM. The company has implemented the first known open-source zkWASM virtual machine, enabling trustless computing and an application SDK.
The funding will be used for the continued development of zkWASM Hub, Delphinus Labs’ zkWASM-based application aggregation platform, which provides automated validation and batching services for Web3 application development.
#Binance #bitcoin #news
$BTC $ETH $BNB
Bitcoin mining company GDA opens new data center in Sweden.
Mining and data center company Genesis Digital Assets Limited (GDA) has opened a new data center in Sweden. Abdumalik Mirakhmedov, executive president and founder of GDA, said that the total capacity of the data center is about 8MW, and the estimated hash rate is about 155PH/s. GDA’s Porjus data center deployed 1,900 bitcoin mining machines.
#bitcoin #Binance #Ethereum #market
$BTC
Mining and data center company Genesis Digital Assets Limited (GDA) has opened a new data center in Sweden. Abdumalik Mirakhmedov, executive president and founder of GDA, said that the total capacity of the data center is about 8MW, and the estimated hash rate is about 155PH/s. GDA’s Porjus data center deployed 1,900 bitcoin mining machines.
#bitcoin #Binance #Ethereum #market
$BTC
Matrixport: The US SEC may approve several bitcoin spot ETFs to trigger the next rises
Encryption service provider Matrixport said in a report on Thursday that the U.S. Securities and Exchange Commission (SEC) is likely to approve several bitcoin spot ETFs in a row, triggering the next rise in bitcoin. Next week, the SEC will respond to Grayscale’s GBTC filing and ARK 21Shares’ Bitcoin ETF resubmission. Regulators are expected to respond to seven other bitcoin ETF applications during the first week of September.
“Physical Bitcoin ETFs could charge a management fee of 0.7-1 percen
“Physical Bitcoin ETFs could charge a management fee of 0.7-1 percen
‼ ‼ ️️️️‼️ ️️
Antonyms for low-priced coins and high-priced coins are
Its market value and plate are not that big, and few institutions will participate. The market is still bright and everyone has a chance.
Currently, many savvy investors are investing in niche coins.
Looking at the years of Bitcoin, the market value of Bitcoin accounts for 38% of the total market value of cryptocurrencies. What is this concept? The combined market capitalization of Bitcoin and Ethereum accounts for more than half of all cryptocurrencies.
So think how many whale manipulators you have in your face?
So you think about how many whales there are in Bitcoin?
#BinanceTournament #bitcoin #analysis #Ethereum
$BTC $BNB $ETH
Antonyms for low-priced coins and high-priced coins are
Its market value and plate are not that big, and few institutions will participate. The market is still bright and everyone has a chance.
Currently, many savvy investors are investing in niche coins.
Looking at the years of Bitcoin, the market value of Bitcoin accounts for 38% of the total market value of cryptocurrencies. What is this concept? The combined market capitalization of Bitcoin and Ethereum accounts for more than half of all cryptocurrencies.
So think how many whale manipulators you have in your face?
So you think about how many whales there are in Bitcoin?
#BinanceTournament #bitcoin #analysis #Ethereum
$BTC $BNB $ETH
DeFi platform Liquid Crypto completed a new round of financing
Liquid Crypto, an Australian decentralized financial platform, announced the completion of a new round of financing. Baboon VC, a Hong Kong encryption venture capital company, participated in the investment. The specific amount has not been disclosed yet. It is reported that the new funds will accelerate the development of its partners and application Liquid+. Liquid Crypto mainly provides DeFi digital asset purchase, sale and exchange services. Its cross-chain transaction service currently supp
Maple Finance’s Tokenized Treasury Bills Open to U.S. Investors
Blockchain-based credit marketplace Maple Finance said Wednesday it has opened up its cash management pool backed by tokenized Treasury bills (T-bills) to U.S. investors.
Maple is exempt from Section 506(c) of Regulation D (RegD) of the U.S. Securities and Exchange Commission (SEC). Prior to this, only non-US entities could access the Maple pool.
Cash management pools on Maple allow accredited investors, corporations, DAOs to park their idle USDC and USDT stablecoins in one-month U.S. Treasury
Maple is exempt from Section 506(c) of Regulation D (RegD) of the U.S. Securities and Exchange Commission (SEC). Prior to this, only non-US entities could access the Maple pool.
Cash management pools on Maple allow accredited investors, corporations, DAOs to park their idle USDC and USDT stablecoins in one-month U.S. Treasury
Matter Labs will make important changes to how timestamps, numbers, and hashes behave on the zkSync
Important changes are being made to how block.timestamp, block.number, and blockhash behave on the zkSync Era, Matter Labs developer relations engineer Antonio said on Github. Currently block.timestamp, block.number and blockhash return the timestamp, number and hash value of the L1 batch respectively. After this update is completed, the timestamp, number and hash value of the L2 block will be returned respectively.
Antonio said that many applications require higher temporal fidelity, which can
Antonio said that many applications require higher temporal fidelity, which can
👊👊👊Bitcoin was little changed at $29,100 with weekly options implied volatility of 25%.
The biggest pain point for the expiring bitcoin options contract worth $500 million was $29,500, indicating the level at which losses will be generated.
The put/call ratio at Friday's expiration is 0.38, which means long positions are paying for short positions.
Bitcoin prices are at six-week lows as $530 million worth of BTC options contracts expire on Friday. The price at which the biggest pain point or contract caused the highest financial loss was $29,500.
🍉🍉🍉Interestingly, the notional value of Bitcoin options contracts expiring on August 4 is well below last week’s $2.09 billion.
.
#binancefamily #bitcoin #crypto2023 #Ethereum
$BTC $ETH $BNB
The biggest pain point for the expiring bitcoin options contract worth $500 million was $29,500, indicating the level at which losses will be generated.
The put/call ratio at Friday's expiration is 0.38, which means long positions are paying for short positions.
Bitcoin prices are at six-week lows as $530 million worth of BTC options contracts expire on Friday. The price at which the biggest pain point or contract caused the highest financial loss was $29,500.
🍉🍉🍉Interestingly, the notional value of Bitcoin options contracts expiring on August 4 is well below last week’s $2.09 billion.
.
#binancefamily #bitcoin #crypto2023 #Ethereum
$BTC $ETH $BNB
USDT
Tether's dollar-pegged cryptocurrency USDT has been the most popular and widely used stablecoin since its inception. As the stablecoin with the highest market capitalization ($83.1 billion) and trading volume ($82 billion in the last 24 hours), USDT is available on most digital asset exchanges and has a large share of decentralized finance protocols. It is also the number one stablecoin in the world.
Tether was established in 2014, formerly known as "Realcoin", whose name comes from the project
Tether was established in 2014, formerly known as "Realcoin", whose name comes from the project
Revolut will suspend cryptocurrency services in the United States
UK-based fintech firm Revolut has announced the suspension of its cryptocurrency services in the US. The decision, which is affected by the changing regulatory environment and uncertainties in the U.S. cryptocurrency market, will take effect on September 2, 2023, after which time U.S. customers will no longer be able to purchase cryptocurrencies on the Revolut platform. Revolut will implement more comprehensive restrictions starting October 3, 2023, when U.S. customers will be completely prohibi
MARKET UPDATE: Binance (4H)
1) Open Interest
2) Top Trader Long/Short Ratio (Accounts)
➖➖➖➖➖➖➖
#binancefamily #bitcoin #Worldcoin #Ethereum
$BTC $ETH $BNB
1) Open Interest
2) Top Trader Long/Short Ratio (Accounts)
➖➖➖➖➖➖➖
#binancefamily #bitcoin #Worldcoin #Ethereum
$BTC $ETH $BNB
CRYPTO market RSI heatmap.
#rsi_heatmap #bitcoin #binancefamily #crypto2023 #Ethereum
$BTC $ETH $BNB
#rsi_heatmap #bitcoin #binancefamily #crypto2023 #Ethereum
$BTC $ETH $BNB
BNB Chain releases mainnet v1.2.9, introducing Plato and Hertz hard forks
BNB Chain released the v1.2.9 version of the main network, which introduced the Plato and Hertz hard forks, which have been fully tested on the test network and are ready to be deployed on the main network. Plato is expected to deploy on August 10, and Hertz is expected to deploy on August 30.
BNB Chain stated that all validator nodes and full node operators of the mainnet must switch their software version to v1.2.9 by August 10, 2023.
$BNB #binancefamily #ElonMusk #X #Worldcoin $BTC $SOL
BNB Chain stated that all validator nodes and full node operators of the mainnet must switch their software version to v1.2.9 by August 10, 2023.
$BNB #binancefamily #ElonMusk #X #Worldcoin $BTC $SOL
Digital lender Toss Bank raises $150 million at a $2.1 billion valuation
South Korean digital lender and neobank Toss Bank completed a $153 million funding round in March 2023 and is about to raise another $154 million (200 billion won) at a $2.1 billion (2.7 trillion won) valuation, people familiar with the matter said. ) equity. In addition, the company has plans to raise another US$150 million by the end of the year. Toss Bank has raised more than $1.2 billion since its inception in 2021.
The new $154 million financing is expected to close by the end of the third
The new $154 million financing is expected to close by the end of the third
Crossover cooperates with Cboe Digital to launch an encrypted asset liquidation solution #binancefamily
Institutional-oriented digital asset firm Crossover Markets Group has announced a partnership with Cboe Digital, the digital arm of the Chicago Board Options Exchange, to provide it with clearing solutions for spot and futures trades on multiple digital asset execution platforms.
Crossover's flagship product is CROSSx, an electronic communications network for institutional clients. CROSSx will work with Cboe Clear Digital, the clearing arm of Cboe Digital Exchange.
#bitcoin #crypto2023 #arsh
$BTC $ETH $BNB
Institutional-oriented digital asset firm Crossover Markets Group has announced a partnership with Cboe Digital, the digital arm of the Chicago Board Options Exchange, to provide it with clearing solutions for spot and futures trades on multiple digital asset execution platforms.
Crossover's flagship product is CROSSx, an electronic communications network for institutional clients. CROSSx will work with Cboe Clear Digital, the clearing arm of Cboe Digital Exchange.
#bitcoin #crypto2023 #arsh
$BTC $ETH $BNB
BlackRock CEO: Recognizes Bitcoin as a "global asset" and advises traders to switch from gold to Bitcoin as a hedge against inflation
BlackRock CEO Larry Fink now endorses Bitcoin as a "global asset" and suggested traders switch from gold to Bitcoin as a hedge against inflation, boosting confidence in cryptocurrencies. Fink's transformation from skeptic to believer has had a constructive impact on bitcoin's value because of his influence in the currency world and his large fortune under BlackRock's management. This progress was acknowledged by Galaxy Digital CEO Mike Novogratz, which further cemented the bullish sentiment for Bitcoin. Therefore, BTC/USD is currently experiencing an upside momentum.
#binancefamily #Worldcoin #X #ElonMusk #ICO $BTC $ETH $BNB
BlackRock CEO Larry Fink now endorses Bitcoin as a "global asset" and suggested traders switch from gold to Bitcoin as a hedge against inflation, boosting confidence in cryptocurrencies. Fink's transformation from skeptic to believer has had a constructive impact on bitcoin's value because of his influence in the currency world and his large fortune under BlackRock's management. This progress was acknowledged by Galaxy Digital CEO Mike Novogratz, which further cemented the bullish sentiment for Bitcoin. Therefore, BTC/USD is currently experiencing an upside momentum.
#binancefamily #Worldcoin #X #ElonMusk #ICO $BTC $ETH $BNB
The Fed's rate forecasts point to no rate cuts until 2023, in sharp contrast to some market expectations ahead of today's data. Federal Reserve Chairman Jerome Powell said we would not consider a rate cut until the committee is certain that inflation is on a sustained decline to 2%. "#binancefamily #Worldcoin #X #ElonMusk #ICO
Crypto firm Ripple focuses on regulated markets, including Asia, after partial U.S. victory to allow XRP to be sold on exchanges
XRP blockchain developer says committed to markets with clear regulatory frameworks like Singapore and Hong Kong
Partial U.S. court victory clears way for retail investors to trade XRP cryptocurrency, pushing price up more than 75%
$XRP
XRP blockchain developer says committed to markets with clear regulatory frameworks like Singapore and Hong Kong
Partial U.S. court victory clears way for retail investors to trade XRP cryptocurrency, pushing price up more than 75%
$XRP