I think it have nothing to with your address in my opinion. but I think the reason there is economic decision in real world government usually the United States but after I look at https://www.dailyfx.com/economic-calendar#last-seven-days it seem regular movement no inflation rate or rates decision so it is something else We are talking about the pump on bitcoin that occurred on April 26. This was certainly not very closely related to a decision from uncle Jerome. This was a whale that used the pump as exit liquidity hehehe. Also, if it the Federal Reserve's decisions really affected bitcoin, why is bitcoin going up from $15k? This is almost 100% from the lowest price of 2022. |
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@bettercrypto. However, we already know what China is planning. They want to be the leader in information technology and blockchain. I speculate that China will be again become the biggest mover in the cryptospace market when they open their country again. This will begin in Shanghai, I reckon. I am not quite certain if this is real, however, this is a commemorative NFT rumored to be created by the Shanghai Data Exchange under the direction of the Chinese government. This is issued in Ethereum. https://launchtower.cryptonatty.io/ |
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@Abiky. Also, if CZ and Binance evade much of these regulations and to continue what they have been doing, it would also imply that the laws the regulators use have become limited in managing the cryptospace.
I shake my head because it was Bittrex that wanted to be regulatory compliant and they delisted much of the ICOs in the exchange on 2017. This caused Binance to become the exchange for maybe more than 80% of the market for ICO coins and tokens. However, what did it bring Bittrex for following the rules? Presently other exchanges are learning from CZ hehehe.
Regulations are there to protect investors against malpractices from crypto exchange companies. But too much regulations, will cause a mass exodus by said companies to other countries that are much more flexible. The US is trying to do the right thing by eliminating as much illegal activity as possible on the crypto industry. It's just that it's doing everything the wrong way. Congress needs to devise a proper regulatory framework to bring clarity to the crypto industry in the region. The first step would be to remove SEC chairman Gary Gensler from office. That would provide a sign of relief among crypto exchanges and investors alike. I was surprised to have read about Bittrex leaving the US when it was always striving to comply with regulations. Maybe there's something else behind that made Bittrex take such a decision? Now Coinbase threatened to leave the US, so things will get interesting in the following months. Let's hope there's "light at the end of the tunnel" for the crypto industry to thrive within the US. Just my opinion  is only the reason being used to impose regulations and maybe in the beginning it might have been the real reason, however, the real rulers of any country who back politicians and put them in their positions in government are being used to create regulations to control different types of industries and maintain their dominance. This is why many people think regulators end in doing too much. The government does not work for you, it works for the real rulers. Also, do you know who gives their banks a bailout during a crisis? It is you the tax payer hehehehe. |
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@The0xJuan on twitter has made a thread that explains what the BRC20 standard is and what are the potential uses of this in the cryptospace. This is a long thread. I will copy only the important information and leave the parts where he talks about bitcoin maximalists. Go to the source if you want to read all of it. Ordinals brought a brand new sense of non-fungibility to the Bitcoin network. Sats that have numismatic value.
Ordinals inscriptions create digital artifacts that are immutable. BRC-20 standard brings fungibility to Ordinals inscriptions in the form of tokens
Yes, the BRC-20 standard can be used to create new tokens. Yes, something like $PEPE, but no quite if you’re comparing to a smart contract.
The trick is leveraging JSON data in the form of Ordinal inscriptions. JSON is an open standard file format and data interchange format.
This is where it’s interesting and differs from ERC-20
In a EVM chain, you create smart contracts that manage the token. The smart contract runs the show.
In the BRC-20 standard you store a script file in the Bitcoin network. That file attributes tokens to satoshis. This lets you transfer the tokens to other users
So instead of running a smart contract, the BRC-20 leverages on JSON data inscribed in a Ordinal. This script, with its limitations compared with a smart contract, can be used to create, mint, and transfer tokens.
All in the base layer.
This is a testament to the use cases that Ordinals theory is bringing. You can store more than JPEGs in a sat. You can store a script file to create and transfer tokens.Source https://twitter.com/The0xJuan/status/1650970535570931712 |
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@YuginKadoya. I reckon if Conor joins bare knuckle fighting, this will certainly help increase their viewer ratings and also increase their viewership on pay per view. This will imply good business and more money hehehe. Presently there is low interest on Conor in MMA after his losses. The UFC might not anymore want him to be a main event in a pay per view and Conor does not accept fights where he is not the main event. I speculate Conor to sign in BKFC and in 1 year, he will hold shares and become part owner of this organization hehehe. Also, One FC might sign Francis Ngannou according to this article. ONE Championship CEO Chatri Sityodtong has shared interest in signing Ngannou and revealed on the The MMA Hour with Ariel Helwani on April 26 that they will meet in Los Angeles on April 29.Source https://www.mmanews.com/news/one-championship-ceo-chatri-sityodtong-reveals-hes-meeting-with-francis-ngannou-this-weekend |
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It seemed to me like it was just traders trying to get ahead of the MtGox situation. Whatever it was, it seems like that volume was swallowed up by buyers as it has nearly recovered all the way back to $30K. That shows there is still a ton of demand for Bitcoin at these levels so I wouldn’t call an end to this rally just yet.
The volume seems to be picking up as well, which is always a good sign. Yes it was the false Arkham alert. Basically saying that the USG and MtGox coins are being dumped on the markets.
Arkham denies it saying the alert was sent when the market was already 6% down. I'm sure this could be verified if we know the exact time it was sent. They also say that there was no error in that alert and that it was accurate. https://cryptoslate.com/intelligence-platform-arkham-sent-incorrect-bitcoin-alert-coinciding-with-6-crash/https://twitter.com/ArkhamIntel/status/1651366459547713537 Agreed. It appears I also made a mistake. I thought the fake alerts were released 6 minutes after the big dump. It was really after 1 hour after the big dump hehehehe which makes this mistake worse from the perspective of Arkham Intelligence. They should remove Intelligence and call themselves just Arkham.The flash crash now clearly was caused by traders who were pumping on leverage then were used as exit liquidity by sellers hehehe. There was a rumor that one of the big sellers was Jump Capital. |
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It appears much of the people who were waiting for their payments in bitcoin had to wait for 2 days before it arrived in their wallets? I was also waiting for a payment and it arrived after 48 hours of waiting. It was not an important transaction, however, there might be other people who need their payments more quickly and might be forced to pay a higher fee. In any case, this news article mentions the cause of the high fees. If there is profit in these activities, I speculate this might begin the transformation of bitcoin into something similar to Ethereum.  Ordinals notched a new record on Saturday as the protocol used for inscribing digital assets on Bitcoin—producing assets comparable to Ethereum-based NFTs—had its busiest day yet.
In April alone, the daily record for inscriptions made was shattered four other times. That included roughly 72,000 inscriptions on April 2 and 193,000 inscriptions on April 23, according to the Dune dashboard.Source https://decrypt.co/138438/bitcoin-transactions-soar-as-ordinals-barrell-past-2-5-million-notch-daily-record |
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Does that mean China is utilizing this negative situation in the US on crypto to its favour or they are just testing the possibilities in order to regulate it. Do remember this is how China became the 2nd larget economy in just 20 years.
They might be, however, China's President Xi has already mentioned some years ago that he wants China to become a leader on different internet technologies including blockchain. Hong Kong might only be the beginning and to test different regulations and observe what they can use in IT economic zones of Shanghai. This news was published on 2019. Xi Jinping, President of the People’s Republic of China and General Secretary of the Communist Party of China, said the country needs to “seize the opportunity” afforded by blockchain technology.
Speaking as part of the 18th collective study of the Political Bureau of the Central Committee on Thursday in Beijing, Xi said blockchain technology has a wide array of applications within China, listing topics ranging from financing businesses to mass transit and poverty alleviation.Source https://www.coindesk.com/markets/2019/10/25/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain/ |
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Fans of countertrading Jim Cramer should presently be in fear. According to @Watcherguru, our favorite uncle Jim has declared that the banking crisis has ended after the collapse of First Republic Bank. This might be a warning sign, it might only be the beginning of the banking crisis hehehehe.  JUST IN: Jim Cramer says the collapse of First Republic Bank $FRC could mark the end of the banking crisis.Source https://twitter.com/WatcherGuru/status/1652102581999550466 |
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It appears the real news behind the bank runs of Silvergate, Silicon Valley Bank and Signature Bank will be exposed in due time. This article mentions that the crypto exposure for these banks are not very large and what really caused the bank runs is only the fear that these banks might have a large exposure on crypto. I reckon that more real news on the cryptospace will begin to be published as more data about what really occured will be gathered. This will certainly be very head scratching for grandma Warren's anticrypto army campaign because it will certainly blow up on her own face.  A report by the Congressional Research Service (CRS) has outlined the role of cryptocurrency in the failures of banks Silvergate, Silicon Valley, and Signature, stating that while the banks’ exposure to crypto was minimal, the perception of risk “may have driven non-crypto firms/individuals to make significant withdrawals.”
Analyst Paul Tierno from CRS, a nonpartisan agency that serves to inform Congress, concluded in their report that “volatility in crypto markets may expose banks to liquidity risks that could ultimately lead to fatal losses,” but contrary to beliefs, the banks’ exposure to crypto “was somewhat limited.” Dwindling deposits from crypto firms led banks to sell securities at a loss, which exacerbated liquidity issues and solvency.Source https://protos.com/congressional-report-says-crypto-didnt-cause-bank-runs-fear-of-exposure-did/ |
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It will be interesting to see how Bryce Young performs in his first season. It's always a crapshoot with rookies but I read a lot of good things about him. Same goes for CJ Stroud although he's gonna have a lot less to work with than Young on the Panthers.
We can certainly assume that Bryce will have a better performance than Super Cam Newton's second time with the Panthers hehhehe. |
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I had hoped that this news was genuine, but it turns out to be fake according to Wu Blockchain. Positive news about cryptocurrency is always welcomed, while fake news can have a detrimental effect on the market in the long run. Nevertheless, I cannot completely dismiss the possibility of good news, especially since Hong Kong is currently attempting to regulate crypto licenses. China and Taiwan have a strained relationship, and Taiwan may not want to miss out on the potential economic benefits of crypto. This might be the article Wu Blockchain mentioned, where the fake news started. It does not appear to be saying that their commission on financial regulations will allow their banks to offer payments and services to the cryptospace. This is a translated paragraph from Chinese to English. Currently not considering listing domestic cryptocurrency exchanges.
Regarding the possibility of listing the 27 domestic cryptocurrency exchanges that are currently under the guidance of the Financial Supervisory Commission, Huang Tianmu said that he has not considered it at present and should proceed step by step.Source https://www.blocktempo.com/huang-tien-mu-promises-not-to-let-similar-incidents-as-ftx-happen-in-taiwan-again/ |
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@ChiBitCTy. On the Lions' pick, I am not quite certain why this was bad, I need to learn more about this game hehe. However, it might be because the Lions might trade D’Andre Swift or David Montgomery later before the preseason?
In any case, @everyone. We were 10 teams during the previous season. I reckon this year our league should have 12 teams? Should we find 2 more entrants?
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@death69. I reckon the people in the american football thread would certainly disagree with you on Tom Brady. His last good season was on 2020 and won the superbowl, however, on 2022 he is old without the other words you mentioned hehe. Decentralized finance in bitcoin will never be supported because the culture in the bitcoin community is to be cautious in development which causes the developers to take the safer decisions and be unadventurous. Nothing wrong with this, I reckon. The cryptospace needs a solid foundation. There is this rollkit being developed for bitcoin, however. Even as the crypto community grapples with the launch of NFT-like storage on the Bitcoin blockchain, more innovations are rolling in.
Rollkit is a new framework developed by Celestia, a project looking to modularize the different components of a blockchain. Rollkit, which enables developers to deploy rollups, which are scaling solutions which process transactions off a Layer 1 chain to minimize transaction costs, was introduced by Celestia on Feb. 21.
Rollkit allows developers to customize and choose their data availability layer, which serves as a source for blockchain data, as well as the execution layer, where transactions are processed. Source https://thedefiant.io/celestia-bitcoin-rollups |
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@Abiky. Also, if CZ and Binance evade much of these regulations and to continue what they have been doing, it would also imply that the laws the regulators use have become limited in managing the cryptospace.
I shake my head because it was Bittrex that wanted to be regulatory compliant and they delisted much of the ICOs in the exchange on 2017. This caused Binance to become the exchange for maybe more than 80% of the market for ICO coins and tokens. However, what did it bring Bittrex for following the rules? Presently other exchanges are learning from CZ hehehe.
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@Abiky. There was a case when the SEC sued someone but the judge made a decision that ruled against the SEC, citing that there was no clear regulatory structure to use as guidelines for the projects in the cryptospace. I have posted about it, however, it did not have the attention of the readers. I will find it and share it later. In any case, news update. Coinbase sues the SEC heheheheheh. Coinbase is suing the Securities and Exchange Commission.
The lawsuit follows on a petition for a rulemaking that the company filed with the SEC last summer, requesting the commission draft and approve a rule specific to digital assets. The lawsuit aims to force the agency to provide a yes or no to Coinbase's ask.
Since that request by Coinbase, the SEC has reopened custody and exchange rules to explicitly say that they apply to digital assets, but has not engaged in drafting a rule specific to digital assets.Source https://www.theblock.co/post/228047/coinbase-sues-the-sec-for-answer-on-rule-specific-to-digital-assetsI don't know what the outcome will be, but this is a move that I think is quite wise by Coinbase as the US law so far has not clearly regulated the crypto market. The SEC is just abusing its power to attack the industry, they don't have any strong evidence against us. I hope other companies and exchanges will do the same as Coinbase to fight the SEC. That would be an interesting situation as many US politicians are also unhappy with what the SEC is doing with cryptocurrencies. Similar to what I mentioned in @rdbase's thread, this might only be the beginning. We might witness more exchanges and services in the cryptospace join the war against Gensler. Kraken's chief legal officer has already shared that they have begun fighting behind the scenes against the regulators. Who will be next? I speculate Binance.us, however, CZ likes to use decentralization to evade regulations hehehehe. On Decrypt’s gm podcast, Marco Santori also said that the San Francisco-based firm was “fighting the fight” behind the scenes to get connected to the same FedNow network that all other big financial institutions use to settle transactions.
Kraken has been in hot water with regulators this year. T—he U.S. Securities and Exchange Commission hit the San Francisco-based digital asset exchange with a $30 million fine for violating securities laws back in February.
The regulator alleged that Kraken failed to register the offer and sale of their crypto asset staking-as-a-service program.Source https://decrypt.co/138097/kraken-fighting-the-fight-behind-the-scenes-with-regulators |
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@ChiBitCTy. This is good news and it appears the Ravens had the contract extension in their desk ready to be shown to Lamar on draft day hehehe. The team might have thought Lamar could be forced to agree to sign the previous offer hehe. I reckon this new contract will reawaken Lamar 2019 hehehehe.
In any case, I am sorry. The Texans drafted Will Anderson. They have been aggressive in this draft trading for the 3rd pick to draft him. The also drafted quarterback CJ Stroud on the 2nd pick. It appears after Deshaun Watson the Texans are taking this next season more serious?
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@Boafeng, @bisdak40. Is there a rematch clause for Fulton and Inoue? It appears that this has not been made clear in the news. I cannot find anything that mentions a rematch clause in my hard 10 seconds of searching hehehe. I will do more searching on google later, however, this should be easy to find but is not.
It would also be good for the division if there was no rematch clause. Tapales vs. Akhmadaliev had none and Tapales does not have any mandatory defenses. This implies that he will be given the freedom to fight for a unification against either Fulton or Inoue.
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@ChiBitCTy. My hope is the Panthers make their pick on quarterback Bryce Young a certainty before the draft begins. This would imply that the Texans, another team that wants Bryce, can use their no.2 pick on the first round to bargain a trade for Lamar Jackson heheheh.
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