🥳 Only one thing today: enjoy the success of The Merge 🙏 For the next six months at least let’s wait and see 🤩 as always - patience is key 😎
Forwarded from Glassnode
Since the #Ethereum Merge, both the Mean and Median block interval have been a remarkably consistent 12-seconds
The transition from the probabilistic variability of PoW mining, to the engineered precision of PoS blocktime can be seen below.
Live Chart
The transition from the probabilistic variability of PoW mining, to the engineered precision of PoS blocktime can be seen below.
Live Chart
Forwarded from Glassnode
The #Ethereum Merge remains one of the most impressive engineering feats in the blockchain industry.
In this edition, we explore the Merge, as it happened, on-chain, and in derivatives markets, where traders paid over 1,200% funding rates to stay short.
Read more in The Week On-chain
In this edition, we explore the Merge, as it happened, on-chain, and in derivatives markets, where traders paid over 1,200% funding rates to stay short.
Read more in The Week On-chain
Between $19,000 and $14,000 I buy BTC as much as possible for long-term HODL.
I am very confident about Ethereum, in two years ETH is worth $5,000. However, that doesn't mean the low point is made now, we may very well go back to under $1,000. The effects of The Merge will come when the macro context calms down. It will come with a delay. We must not be disappointed.
--
@bnedeltchev 💙
I am very confident about Ethereum, in two years ETH is worth $5,000. However, that doesn't mean the low point is made now, we may very well go back to under $1,000. The effects of The Merge will come when the macro context calms down. It will come with a delay. We must not be disappointed.
--
@bnedeltchev 💙
Forwarded from Glassnode
Our latest Video Report is live, covering details about the #Ethereum Merge.
We analyze:
- Suite of new on-chain Proof-of-Stake metrics.
- Movement and stake distribution of validators.
- Post-Merge $ETH supply dynamics.
Watch our latest video report
We have also released two new #Ethereum Proof-of-Stake dashboards, including metric primitives, and custom Workbench charts, to track this new consensus mechanism.
PoS Consensus Dashboard
PoS Supply Dynamics Dashboard
We analyze:
- Suite of new on-chain Proof-of-Stake metrics.
- Movement and stake distribution of validators.
- Post-Merge $ETH supply dynamics.
Watch our latest video report
We have also released two new #Ethereum Proof-of-Stake dashboards, including metric primitives, and custom Workbench charts, to track this new consensus mechanism.
PoS Consensus Dashboard
PoS Supply Dynamics Dashboard
YouTube
The Week On-chain: The Ethereum Merge - Is ETH Supply Deflationary? (Ethereum Onchain Analysis)
This week saw the successful deployment of one of the most impressive feats of engineering in the blockchain industry: The Ethereum Merge. We explore it as it happened, on-chain.
📊 Metric of the Week: https://glassno.de/3BTev1J
📰 Written Newsletter: htt…
📊 Metric of the Week: https://glassno.de/3BTev1J
📰 Written Newsletter: htt…
📰 Hello everyone! I hope you are all doing well!
💶 The ECB has teamed up with five companies, including Amazon, to test its Euro-digital. Each of them will create an interface to simulate euro-numeric transactions.
📉 Last Friday, the price of gold fell to $1,654, its lowest level in two years and 19% below its March peak. At the time, when Russia had just invaded Ukraine, gold had emerged as a safe haven asset for investors during times of geopolitical uncertainty. Today, there are two main mechanisms at work:
▪️An extremely strong dollar has made gold more expensive in other currencies (gold is usually expressed in dollars) and has caused many commodity traders to move into other assets.
▪️Rising rates have increased the opportunity cost of holding gold.
With a third consecutive rate hike by the Fed approaching, holding gold could become even more expensive...
💳 Last week, the Consumer Financial Protection Bureau announced a draft regulation plan for BNPL (buy now pay later) companies like Klarna or PayPal. The cause: these may pose a risk to consumers by harvesting their data and encouraging over-borrowing without guaranteeing protection. BNPLs may have to add expensive safeguards and do more credit checks on their customers.
🤯 The triplex atop New York's Central Park Tower (the world's tallest residential building) has been listed for sale for $250 million. If sold at this price, it will be the most expensive housing sale in U.S. history.
🤖 According to the WSJ, industrial robot exports to China have risen 45% year-over-year to over 243,000 units in 2021, or just under 50% of the global total! At a time of rising labor costs, Chinese companies (who had been banking on a labor-intensive business) can count on the favorable savings rate to replace workers with robots.
🚗 In nine days, Porsche will go public. The subsidiary of the Volkswagen group is expected to be valued at between 70 and 75 billion euros, making it the largest listing in Europe in recent years. The purpose of this listing: to finance its investments in electric, connected and autonomous cars. This operation should bring him up to 9.4 billion euros.
🚔 South Korean authorities have asked Interpol to issue a red notice against Do Kwon, the founder Terraform (blockchain Luna), and the government to withdraw his passport. Kwon denies the fact that he is "on the run".
📉 Mark Zuckerberg's turn to the metaverse has cost him dearly: his fortune has been cut by more than half, dropping from $71 billion this year. The Meta CEO is the billionaire with the biggest loss, followed by Jeff Bezos who lost $41 billion in 2022. That puts him in 20th place among the wealthiest, his lowest ranking since 2014 according to the Bloomberg Billionaires Index.
🇹🇼 🇺🇸 Joe Biden said in an interview that U.S. forces would defend Taiwan in case of a Chinese invasion.
💳 American Express plans to hire 1,500 people by the end of the year to work in its growing technology business.
😲 21% of Millennials/Gen Z who opened an account on stock trading or buying platforms closed it this year. Fear of inflation is the main reason: according to an Ally survey, 38% of respondents sold out of fear of not being able to keep up with rising prices. Another 31% said they sold to avoid losing more in the current economic environment.
Have a nice day and see you tomorrow.
❤️
—
Source: https://linktr.ee/snowball.xyz
💶 The ECB has teamed up with five companies, including Amazon, to test its Euro-digital. Each of them will create an interface to simulate euro-numeric transactions.
📉 Last Friday, the price of gold fell to $1,654, its lowest level in two years and 19% below its March peak. At the time, when Russia had just invaded Ukraine, gold had emerged as a safe haven asset for investors during times of geopolitical uncertainty. Today, there are two main mechanisms at work:
▪️An extremely strong dollar has made gold more expensive in other currencies (gold is usually expressed in dollars) and has caused many commodity traders to move into other assets.
▪️Rising rates have increased the opportunity cost of holding gold.
With a third consecutive rate hike by the Fed approaching, holding gold could become even more expensive...
💳 Last week, the Consumer Financial Protection Bureau announced a draft regulation plan for BNPL (buy now pay later) companies like Klarna or PayPal. The cause: these may pose a risk to consumers by harvesting their data and encouraging over-borrowing without guaranteeing protection. BNPLs may have to add expensive safeguards and do more credit checks on their customers.
🤯 The triplex atop New York's Central Park Tower (the world's tallest residential building) has been listed for sale for $250 million. If sold at this price, it will be the most expensive housing sale in U.S. history.
🤖 According to the WSJ, industrial robot exports to China have risen 45% year-over-year to over 243,000 units in 2021, or just under 50% of the global total! At a time of rising labor costs, Chinese companies (who had been banking on a labor-intensive business) can count on the favorable savings rate to replace workers with robots.
🚗 In nine days, Porsche will go public. The subsidiary of the Volkswagen group is expected to be valued at between 70 and 75 billion euros, making it the largest listing in Europe in recent years. The purpose of this listing: to finance its investments in electric, connected and autonomous cars. This operation should bring him up to 9.4 billion euros.
🚔 South Korean authorities have asked Interpol to issue a red notice against Do Kwon, the founder Terraform (blockchain Luna), and the government to withdraw his passport. Kwon denies the fact that he is "on the run".
📉 Mark Zuckerberg's turn to the metaverse has cost him dearly: his fortune has been cut by more than half, dropping from $71 billion this year. The Meta CEO is the billionaire with the biggest loss, followed by Jeff Bezos who lost $41 billion in 2022. That puts him in 20th place among the wealthiest, his lowest ranking since 2014 according to the Bloomberg Billionaires Index.
🇹🇼 🇺🇸 Joe Biden said in an interview that U.S. forces would defend Taiwan in case of a Chinese invasion.
💳 American Express plans to hire 1,500 people by the end of the year to work in its growing technology business.
😲 21% of Millennials/Gen Z who opened an account on stock trading or buying platforms closed it this year. Fear of inflation is the main reason: according to an Ally survey, 38% of respondents sold out of fear of not being able to keep up with rising prices. Another 31% said they sold to avoid losing more in the current economic environment.
Have a nice day and see you tomorrow.
❤️
—
Source: https://linktr.ee/snowball.xyz
During the past eight months since December 26, 2021, the number of validators on the Beacon Chain has kept growing. To date, the total number of validators has exceeded 417,000, and ETH2 staking has exceeded 13.3 million ETH (about $22.3 billion).
According to BeaconScan, the total income of Beacon Chain validators in the past six months has reached approximately 270,000 ETH, and their average daily total income stands at about 1,621.89 ETH. The figure peaked at 2,681.77 ETH on August 23 last year and is now on a steady rise.
According to BeaconScan, the total income of Beacon Chain validators in the past six months has reached approximately 270,000 ETH, and their average daily total income stands at about 1,621.89 ETH. The figure peaked at 2,681.77 ETH on August 23 last year and is now on a steady rise.
Forwarded from ICO Analytics (StandWithUkraine 🇺🇦)
Updated: A short list of upcoming events and important development milestones you should know about.
📰 Good evening everyone. I hope the weekend is going better for you than it is for the Bank of Japan... Faced with a dollar that is only gaining value against the yen, it had to intervene by buying yen en masse to make sure its currency regains value against the dollar. Mission accomplished but for how long? This is the first intervention of the Bank of Japan on its currency since 1998!
🤯 33% of American TikTok users use the platform to get news, up from 22% in 2020.
👩 The stablecoin issuer, Tether, is being forced to be more transparent about how USDT is backed. As a reminder, a stablecoin is simply a crypto that tracks the price of a "traditional" currency (in this case the dollar). A New York judge has ordered the company to produce financial documents related to USDT's backing (how the company ensures that all USDT can be converted into dollars), as the company is accused of using this stablecoin to inflate the price of bitcoin.
🤑 The United States gained 2.5 million new millionaires last year. This is the largest annual increase in millionaires recorded for any country this century.
🪙 To diversify and increase profits, Coinbase hired Wall Street traders and explored the possibility of trading cryptos with the company's funds. A $100M "test" transaction was completed in early 2022. However, it seems Coinbase is denying this news.
🏦 Binance has obtained a license from the Dubai Virtual Assets Regulatory Authority. The world's largest crypto platform (by volume) is therefore offering Dubai residents the opportunity to open a domestic bank account, trade cryptos as well as payment and asset custody services.
🇯🇵 As mentioned in one of the latest Snow Reports, Japan will remove a series of Covid-related border controls starting October 11, a move that should boost the tourism sector.
✈️ Airbus has won a $4.8 billion contract. The European firm will supply 40 jets to Xiamen Airlines, owned by China Southern. This puts them ahead of Boeing, which was historically the supplier to the Chinese company.
😳 12 million. That's the number of online content creators who earned at least $100,000 last year. The survey, which was conducted by Aspire (an influencer marketing platform for e-commerce brands), indicates that it's mostly the size of the "middle class" of creators that has grown.
Have a nice evening and a great week-end !
❤️
—
Source: https://linktr.ee/snowball.xyz
🤯 33% of American TikTok users use the platform to get news, up from 22% in 2020.
👩 The stablecoin issuer, Tether, is being forced to be more transparent about how USDT is backed. As a reminder, a stablecoin is simply a crypto that tracks the price of a "traditional" currency (in this case the dollar). A New York judge has ordered the company to produce financial documents related to USDT's backing (how the company ensures that all USDT can be converted into dollars), as the company is accused of using this stablecoin to inflate the price of bitcoin.
🤑 The United States gained 2.5 million new millionaires last year. This is the largest annual increase in millionaires recorded for any country this century.
🪙 To diversify and increase profits, Coinbase hired Wall Street traders and explored the possibility of trading cryptos with the company's funds. A $100M "test" transaction was completed in early 2022. However, it seems Coinbase is denying this news.
🏦 Binance has obtained a license from the Dubai Virtual Assets Regulatory Authority. The world's largest crypto platform (by volume) is therefore offering Dubai residents the opportunity to open a domestic bank account, trade cryptos as well as payment and asset custody services.
🇯🇵 As mentioned in one of the latest Snow Reports, Japan will remove a series of Covid-related border controls starting October 11, a move that should boost the tourism sector.
✈️ Airbus has won a $4.8 billion contract. The European firm will supply 40 jets to Xiamen Airlines, owned by China Southern. This puts them ahead of Boeing, which was historically the supplier to the Chinese company.
😳 12 million. That's the number of online content creators who earned at least $100,000 last year. The survey, which was conducted by Aspire (an influencer marketing platform for e-commerce brands), indicates that it's mostly the size of the "middle class" of creators that has grown.
Have a nice evening and a great week-end !
❤️
—
Source: https://linktr.ee/snowball.xyz
Forwarded from Glassnode
#Bitcoin has once again rejected below the psychological $20k region, plunging Short-Term Holders into severe, unrealized loss.
However, #Bitcoin HODLers remain steadfast, with old coin spending approaching a full cycle detox.
Read our latest analysis in The Week On-chain
However, #Bitcoin HODLers remain steadfast, with old coin spending approaching a full cycle detox.
Read our latest analysis in The Week On-chain
Forwarded from Glassnode
The Week On-chain video report is now live!
In this edition, we cover:
- #Bitcoin on-chain activity momentum
- HODLer behaviour at all-time-highs
- Risks associated with Short-Term Holder $BTC
- Price/supply regions of interest
Watch our latest video report.
In this edition, we cover:
- #Bitcoin on-chain activity momentum
- HODLer behaviour at all-time-highs
- Risks associated with Short-Term Holder $BTC
- Price/supply regions of interest
Watch our latest video report.
Sept. 27 Summary of the Day
💸 Exchange FTX bought the assets of crypto-currency lender Voyager Digital for $1.42 billion.
🚔 Binance launches a global enforcement training program.
🕵️ Do Kwon reportedly withdrew 3,313 BTC from the Luna fund to exchanges outside South Korean jurisdiction immediately after being sought by South Korean authorities on September 14.
💡 U.S. Federal Reserve Chairman Jerome Powell gave another speech, with the main talking points concerning crypto.
🇺🇸 The U.S. House of Representatives has proposed restricting government officials and their immediate families from owning stocks, cryptos and other investment vehicles.
🇨🇳 A Chinese university will begin training meta-universe experts.
🕶 U.S. multinational Walmart has launched two strategic initiatives in the meta-universe.
⛔️ Celsius Network CEO Alex Maszynski has resigned.
--
Source: https://t.me/DeCenter/10795
💸 Exchange FTX bought the assets of crypto-currency lender Voyager Digital for $1.42 billion.
🚔 Binance launches a global enforcement training program.
🕵️ Do Kwon reportedly withdrew 3,313 BTC from the Luna fund to exchanges outside South Korean jurisdiction immediately after being sought by South Korean authorities on September 14.
💡 U.S. Federal Reserve Chairman Jerome Powell gave another speech, with the main talking points concerning crypto.
🇺🇸 The U.S. House of Representatives has proposed restricting government officials and their immediate families from owning stocks, cryptos and other investment vehicles.
🇨🇳 A Chinese university will begin training meta-universe experts.
🕶 U.S. multinational Walmart has launched two strategic initiatives in the meta-universe.
⛔️ Celsius Network CEO Alex Maszynski has resigned.
--
Source: https://t.me/DeCenter/10795