Today we are proud to officially announce the API3 Alliance - a collective of 125+ API providers making their services available to Web3 via Airnode.
#API3Alliance#Web3#FirstPartyOracles
https://t.co/DVdKSi6vFh
#BTC The not-so 💎🤲 established on the way down at $45k quickly folded yesterday, with the market struggling to find a clear footing amidst the volatility.
#BTC selloff postmortem: Leveraged longs established above $55k unwound. On way down first backstop established and remains at $50k. Existing hodlers at $47k stood firm. Reasonable backstop bid now establishing at $45k.
concepts you should learn before weighing in on the bitcoin energy debate
- carbon intensity / energy mix
- transmission loss
- Proof of Work
- curtailed/stranded energy
- settlement assurances
- deferred settlement
- energy vs electricity production
- payments v settlement
Since the reported electricity issues in Xinjiang at the weekend, #Bitcoin blocks are taking 30% longer to mine with no sign of recovery and next diff adjustment now not due until 04May instead of expected 29Apr. Until then, transaction fees remain expensive.
1) @OKExInsights has once again partnered with @Catallact in our latest research report. This time, we look at the emergence of the retail sector in contributing to the #BTC bull run.
On-chain data is showing that retail investors arrived in force in Q1.
Check out our latest research with the @OKExInsights team at @OKEx where we dig into various data sources to track retail activity in the #Bitcoin market.
Looks like #Bitcoin miners are at last managing to get more silicon online as blocks in this epoch are being mined at the fastest rate of 2021, leading to the largest upwards difficulty adjustment of the year so far, due in two days' time.
Currently seeing a large uptick in the amount of #Bitcoin being moved on-chain by multisig transactions, typically indicating another bulk treasury purchase using professional custody services.
There was no time for the market to express any opinion of #Bitcoin at current levels on the rapid way up to ATH. Current strongest on-chain signals, especially the continued reduction in volumes, are toward the strong conviction price point visible at $47k.
How does #Bitclout work and is it currently working or not? No one quite knows, but something's happened in #Bitcoin to the tune of $157mm so far... we think, maybe, maybe not
Over the last few sessions, particularly in eurotime, on-chain #Bitcoin volumes have reduced to levels not seen since the beginning of the current rally.
Do you own enough #Bitcoin? The vast majority (>95%) of on-chain #BTC are held in clips >1BTC/$55k, and there has been no noticeable redistribution yet to smaller holdings during the first two rounds of US stimulus.
Unsurprising that this #Bitcoin rally compared to 2017 sees similar increases in the number of address balances storing 0-10BTC, but the difference this time is the increase in balances holding 1,000-10,000BTC.