Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Summary: Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scam The latest accusation is that the Chainlink team has been dumping LINK on Binance since last summer Zeus Capital highlights a Chainlink address holding 90k LINK and claims it once had 34.5 million tokens According to Zeus, the address sold 1M LINK per month and soon graduated to 1.5M tokens per week Zeus Capital is once again on the offensive against the Chainlink team. In a recent Twitter thread, Zeus Capital claims that the…

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117k Bitcoin Quarterly Options Expire this Friday, March 26th

Summary: 117k Bitcoin Options expire this Friday, March 26th The maximum pain point for the expiry is $44k according to the team at Deribit Insights Bitcoin has lost the $55k support zone with $53k the level to watch moving forward A drop to $49k seems likely Bitcoin will undergo a big quarterly expiry of options this Friday, March 26th. According to data from the team at Skew, a total of 117,000 BTC in Bitcoin options expire on this date. The team shared their observation through the following Tweet with an…

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Ethereum Blocks are Consistently Full Due to DeFi – Report

Summary: Ethereum blocks are consistently full since the rise of DeFi in mid-2020 The majority of Ethereum blocks are at 95% or more Blocks can only include a specific amount of transactions and users are consistently paying higher fees to get their transaction processed quicker Transaction fees now make up 50% of Ethereum miner revenue Blocks on the Ethereum network are consistently processing transactions at near full capacity. This is according to data from CoinMetrics’ 95th issue of ‘the State of the Network Report’ which explains the phenomenon as a…

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Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official

Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid Tax Evasion and Finance Terrorism During an interview with the Securities Times, Ma Changchun told the 2021 China Development Forum that a fully anonymous central bank digital currency (CBDC) is impossible. The reason, said the official, is that the government needs to…

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Top Seven Reasons to Buy Cryptocurrency in 2021

You may have heard of Bitcoin back in 2017, when it gained international attention as it rose in value. It dropped back down in 2018, and people thought that the craze was over. However, it began to gain traction again in 2020. Bitcoin is a unique asset that is based on blockchain technology, and it appears to be here for the long run. Once people learn how to buy Bitcoin, they are eagerly jumping in with both feet. Take a look at the following seven reasons to buy cryptocurrency in…

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Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report

Consistently full blocks are the primary reason that gas prices have reached all-time highs. A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem. According to the Ethereum Gas Report by Coin Metrics, median fees on Ethereum have been consistently over $10 for most of 2021. Comparatively, the average Ethereum transaction fee reached just $5.70 at the height of the 2017/2018 bull run.…

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