WHAT’S Nakamoto-Greshams Law, And SO HOW EXACTLY DOES It Pertain To Bitcoin?
Bitcoin is money. That means it’s openly competing with the incumbent fiat monetary regime. A co-circulation of two types of money isn’t unprecedented, and the economic principle that describes the outcome is known as Gresham’s law. Applying Gresham’s insight to the bitcoin-fiat dynamic, we find that HODLing is economically rational under current conditions. The Hierarchy…
JUST HOW MUCH More Loss May The Bitcoin Marketplace Sustain?
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In today’s Daily Dive, we’re covering the state of realized losses and profit in the market and an update…
How 2021 Became PROBABLY THE MOST Surprising, Formative Years Inside Bitcoin Mining
2021 was a major year for Bitcoin mining. The third halving in May 2020 brought broader attention to mining at large, and the growing interest has never subsided. In 2021, favorable economics made mining profitable for almost all participants, drawing in more and more participants. The emergence of flare-gas mining, Elon Musk’s comments about Bitcoin’s…
Bitcoin and Ethereum Battle to Break Level of resistance, LUNA Dives
Bitcoin price failed to stay above the USD 38,000 resistance.Ethereum struggled near USD 2,650, XRP settled below USD 0.60.AVAX, MATIC, and LUNA are down 8%-13%.Bitcoin price attempted a close above the USD 38,000 resistance zone, but failed and dropped below USD 37,000 in a few hours today. It is currently (04:21 UTC) trying to recover…
Crypto Tech Tendencies in 2022: UX, Scalability, Metaverse Programs, and Bitcoin Integrations
Source: Adobe/maciek905_________”In 2022, the crypto ecosystem has to finally deliver a compelling user experience.””It will take a lot of bridging technology, as well as other approaches, to make Web 3 feel connected again.”Scalability will remain one of the big technological trends this year too.Expect “more clever ways to integrate with it or leverage BTC positions…
Low Real INTEREST LEVELS Support Asset Costs, But Risks Growing for Market
Source: Adobe/scottyc89Nassira Abbas is a deputy division chief in the Global Markets Monitoring and Analysis Division of the Monetary and Capital Markets Department at the International Monetary Fund (IMF). Tobias Adrian is the Financial Counsellor and Director of the IMF’s Monetary and Capital Markets Department._____Supply disruptions coupled with strong demand for goods, rising wages, and…
Internet Computer plans to roll out BTC and ETH integrations by year-end
The slated integrations with Bitcoin and Ethereum would displace the need to use a bridge, which can open the network up to malicious actors…
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperability
MULTI, SYN and CELR saw a substantial boost in price as the crypto ecosystem focused on integrating cross-chain interoperability as a new fundamental component in DeFi…
Clever NFT investors exploit cryptos unregulated scenery by wash investing on LooksRare
LooksRare aims to be an alternative to OpenSea, but the amount of wash trading on the platform raises questions on whether users really view it as a viable competitor…
Best 5 cryptocurrencies to view this week: BTC, Hyperlink, HNT, FLOW, ONE
BTC is attempting to form a bottom while LINK, HNT, FLOW and ONE are showing early signs of accumulation…