Post from: rubikkav.nft

Arbitrum is currently rivaling Ethereum in daily transactions, while significantly outperforming Optimism.
#Arbitrum #Ethereum #dailytransactions #significantly #outperforming

https://social.wubits.io/share/6464fb23f0752b19bcf3b97b?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#BRC20 #tokens #Bitcoin #transactions #marketshare

BRC-20 tokens represent 47% of all Bitcoin transactions since the beginning of May.

On May 7th, BRC-20 tokens peaked at a 65% market share, surpassing non-BRC-20 Ordinal transactions by a margin.


https://social.wubits.io/share/64663a36c52bf955f3bc3fce?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#vault #smartcontract #wallets #security #biometric

#Ethereum has two account types: externally owned accounts (EOAs) and contract accounts.

EOAs are analogous to a vault with a single, physical key. The key allows for quick and cheap access to the vault, but it lacks any ...

https://social.wubits.io/share/6466422fc52bf955f3bc4b88?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#Stablecoins #CryptoIndustry #2023 #FiatTrading #Regulation

Stablecoins have never been more important for the crypto industry than in 2023. Stablecoin’s share of volumes rose from 60% in 2022 to 76% now, as fiat trading begins to die out.

Harsh regulation in the U.S as wel...

https://social.wubits.io/share/646643d3c52bf955f3bc4bac?rid=63dffbc796acc11510f0903b&utm_source=telegram

From: rubikkav.nft

$BTC volatility reaches historically significant lows, acording to IntoTheBlock. #BTC #volatility #IntoTheBlock #pricegain #crashes

📉60-day annualized volatility has fallen below 40% for the 8th time in the past 5 years.

💰On average $BTC vol remains below this level for 5...

https://social.wubits.io/share/64666fa3f97bed626a7c65c3?rid=63dffbc796acc11510f0903b&utm_source=telegram

From: rubikkav.nft

#USDT #trading #stablecoin #centralizedexchanges #BUSD

As far as trading pairs go, USDT offers traders exponentially more options as a stablecoin to trade against, mainly thanks to its abundance of pairs on centralized exchanges.

As of today, USDT is the quote asset for 3,...

https://social.wubits.io/share/646671f5f97bed626a7c6788?rid=63dffbc796acc11510f0903b&utm_source=telegram

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto

Senators Elizabeth Warren and Roger Marshall are pushing the Digital Asset Anti-Money Laundering Act, which aims to close loopholes for money laundering through crypto assets. However, the legislation treats software developers and transaction validators as financial institutions, potentially rendering crypto useless. Proponents argue that money laundering is a significant issue in the crypto space, but law enforcement has successfully identified and charged those using crypto for such purposes. The legislation may do more harm than good, as requiring developers and validators to register as financial institutions could collapse the crypto economy. Instead, Congress could create a federal money transmission license, institute a supervisory regime for digital currency exchanges, or increase penalties for money laundering to address the issue without undermining crypto and blockchain technology.

#ConsensusMagazine #opinion #Opinion #MoneyLaundering #ElizaabethWarren #Rogermarshall #Crypto #News

Twitter partnership created a ‘symbiosis,’ says eToro CEO | Bitcoin Miami 2023

eToro and Twitter have partnered to enable users to trade cryptocurrencies and stocks on the social network platform. The collaboration aligns with former Twitter CEO Elon Musk's vision of making Twitter the world's largest financial institution. eToro CEO Lule Demmissie believes the integration of a social network and social trading platform is a logical step, allowing users to practice, engage, and trade while obtaining financial news and updates. Twitter's "cashtags" have already received half a billion search hits. Demmissie emphasizes the importance of diversification and the transformative nature of digital assets. However, she also highlights the need for better self-regulation practices as digital assets become more accessible.

#Cryptocurrencies #Twitter #eToro #SocialMedia #Crypto #News

According to data from the International Monetary Fund, the U.S. dollar now accounts for just over 58% of global foreign exchange reserves, a considerable decrease from the 71% share it had in 2001.

As an example of this de-dollarization taking place, the Chinese yuan has recently overtaken the U.S. dollar as China’s most used cross-border currency according to Bloomberg, increasing to a high of 48% of transactions after it made up nearly 0% in 2010. - Source.

BTC and ETH options traders are bearish and Ethereum's implied volatility has declined to a record low.

Read More 👈🏻

Decentralized storage is cheaper than centralized storage by around 78.6% on average.

This means that with just $497.04, you can theoretically preserve the existing Naruto, One Piece, and Detective Conan episodes on Filecoin for the next century.

Source: https://buff.ly/42QLf73

In March, both centralized and decentralized exchanges saw an increase in crypto derivatives volume for the third consecutive month.

#March #centralized #decentralized #exchanges #crypto_derivatives

Source: https://buff.ly/45jqQJe

Liquidity US banks are parking at the FED right now is record high.

2.277 Trillion USD are waiting to get back into the market.

#Liquidity #USBanks #FED #InterestRates #Market

Source: https://buff.ly/3ItT1eS

#Tether #ProPublica #lobbying #stablecoins #USDT

According to public interest outlet ProPublica, Tether has spent around $600,000 since the beginning of 2022, with a quarterly spend of $120,000 for lobbying the U.S. Senate and House of Representatives.

Source: https://buff.ly/3IPeqPZ

Bitcoin Hits Key Support Again As Traders Wait For Inflection Point For Trend Reversal - #Bitcoin #KeySupport #TrendReversal #Gold #USDollarIndex

Bitcoin’s gains above $27,000 happened while gold traded down 2.5% from May 15 to May 18, reaching its lowest level in 45 days at $1,970.

Read More: https://buff.ly/45eNHFY

We Put Google’s New AI Writing Assistant to the Test

Google's new AI writing assistant, Duet AI, offers a glimpse into the future of productivity apps, but it has its limitations. The Help Me Write feature, launched in March, is a step beyond Gmail's Smart Reply and Smart Compose tools, generating full drafts of emails based on brief denoscriptions. However, Duet's writing can be stiff and sometimes includes gender stereotypes and inaccurate information. Despite these issues, the system is likely to be widely adopted by Gmail and Google Docs users. Google plans to improve the text generator by allowing it to draw on information from past emails in the same thread. The company is also considering "multi-turn experiences," similar to OpenAI's ChatGPT, to perfect the output.

#Business #BusinessArtificialIntelligence #Wired #TechNews #News

From: rubikkav.nft

#USDT #DEXs #stablecoin #marketcap #bankingcrisis

On DEXs, USDT accounts for just 20% of non-stablecoin swap volume, an increase since the start of the year, but not necessarily enough to explain the more than $15bn increase in market cap over the same time period.

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Based on the daily negotiations, we can intuit that the #Bitcoin price is being supported by the EMA500D1 with an exact price of $26647.09.

However, a break of this support may lead to another touch of the EMA100D1 at exactly $26,376.51, and so the bears will celebrate seeing the price very close to the EMA300D1 at approximately $25,361.24, with the possibility of touching the exact liquidation region at $24,964.95.

Read More: https://buff.ly/3OxAMZC

From: rubikkav.nft

#Bitcoin #correlation #coefficient #Nasdaq #techshares

Bitcoin's correlation coefficient with Nasdaq lowest since November 2021, with tech shares rising while Bitcoin idles.

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