Abstract: We make a brief comparison between some of Bitcoin’s supposed “layer 2” systems, such as Lightning, Ethereum (WBTC), Blackrock’s $IBIT and a sidechain called CoreDAO. We argue that a critical factor to consider is whether the system is non-custodial or not. CoreDAO has non-custodial Bitcoin staking, however, we conclude by claiming that it was…
A follow-up regarding my attack on the “we-fund-you” prop industry – Peter Brandt – Factor Trading Scroll to top Source link
Shiba Inu (SHIB) is again catching the attention of crypto whales as on-chain data shows a 240% spike in this crucial metric. Thanks to the surge in this on-chain metric, a massive price rally for the second-largest meme coin by market cap might be on the horizon. Shiba Inu Records 240% Surge In Large Transactions…
Re: TPI & CRT Regarding TPI, it went sideways after you guys jinxed it. But anyway, I think I can see a right angled triangle formed since 18-8-05, with price target now 4.60. Annual results are due to be announced this Wednesday, so interesting to watch. One of the company’s businesses is to sell reprocessed…
According to Lookonchain, a major cryptocurrency investor has sold 594,000 Solana (SOL) tokens this year. These large investors in the world of crypto are commonly known as whales. The value of these total SOL tokens is approximately $86 million. Since January 15, 2024, this whale has been regularly selling SOL by depositing it into major…
Peter Brandt, a veteran trader and respected chartist, says gold is poised for a massive chart breakout with targets of $2,800 and then $3,200, based on an inverse head and shoulders pattern indicating a bullish trend. This outlook aligns with recent bullish forecasts from various analysts and economists. Gold Poised for Major Breakout, Says Trader…
Roman Didkivskyi By Jennifer Nash Wholesale inflation cooled more than expected last month. Here is the latest news release from the Bureau of Labor Statistics. The producer price index for final demand increased 0.1% month-over-month (s.a.), less than the expected 0.2% growth. On a non-seasonally adjusted annual basis, headline PPI decelerated from 2.7% in June…
Apibara: open-source data platform Apibara This project aims to add Ethereum data (Execution + Consensus Layer) to Apibara, an open-source data platform. Apibara allows developers and researchers to synchronize any onchain data to a target database or API. Currently, we provide support for PostgreSQL, MongoDB, Parquet, and webhooks. It is easy to add support for…
The latest insights from Glassnode’s “Week Onchain” newsletter reveals a major shift in Bitcoin market dynamics as long-term holders (LTHs) and large investors appear to be resuming a pattern of accumulation. This trend marks a departure from the extensive distribution observed earlier this year, offering a potential bullish outlook for Bitcoin, despite the broader market’s…
by Calculated Risk on 8/13/2024 07:14:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, The Consumer Price Index for July from the BLS. The consensus is…