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What are crypto whale trackers and how do they work?
There are dedicated solutions to track the actions of crypto whales. These solutions can provide analytics on whale actions and, in some instances, can also make investment/trading decisions for the user. Crypto traders and investors constantly track the amount of cryptocurrencies going in and out of exchanges. When a cryptocurrency like Bitcoin or Ether (ETH) is moved in large quantities into an exchange, it is expected to see some sell action resulting in a fall in price. Conversely, if cryptocurrencies flow out of exchanges into wallets, it is considered a precursor to a rise in price. This is because when exchanges have a high net outflow of cryptocurrencies, they have reduced supply resulting in an increase in price. Oftentimes, a whale could buy cryptocurrencies on an exchange and mo...
Twitter Users Can Soon Get Blue Check for $7.99 Monthly Fee
Twitter has announced a subscription service for $7.99 a month that includes a blue check now given only to verified accounts as new owner Elon Musk works to overhaul the platform’s verification system just ahead of U.S. midterm elections. In an update to Apple iOS devices available in the U.S., Canada, Australia, New Zealand and the U.K., Twitter said users who “sign up now” for the new “Twitter Blue with verification” can receive the blue check next to their names “just like the celebrities, companies and politicians you already follow.” But Twitter employee Esther Crawford tweeted Saturday (Nov. 5) that the “new Blue isn’t live yet — the sprint to our launch continues but some folks may see us making updates because we are testing and pushing changes in real-time.” Verified accounts did...
‘Unconditional friend’: Meet the man shadowing Manchin
He leveraged his connections with Manchin to enter the federal lobbying scene for the first time last year, a move that put large energy companies within earshot of Manchin as he was molding President Joe Biden’s historic climate bill to include prizes for the fossil fuel industry. The kinship sheds new light on Manchin’s closeness to the industry, at a time when oil and gas companies are facing legal attacks and criticism from congressional Democrats over their role in global warming. Puccio’s ascent into federal lobbying came just before Manchin diluted, or jettisoned, some of the strongest provisions Biden’s allies had proposed to reduce the power sector’s greenhouse gas emissions. When asked if he and Puccio had discussed certain details of the climate and energy bills, Manchin said, “...
U.S.-China global influence battle takes center stage at COP27
Biden’s task: Restore U.S. credibility on climate action to counter China’scourting of developing countries grappling with existential risks posed by a warming world. At the same time, he’ll be working to restore some level of China-U.S. cooperation on climate, after Chinese President Xi Jinping suspended a bilateral effort following House Speaker Nancy Pelosi’s trip to Taiwan in August. “There is no solution to the problem of climate change without China,” White House climate envoy John Kerry said on Wednesday. “We stand ready to sit down with China on the climate issue and work together to solve what is not a bilateral issue, but what is a universal, global, existential issue.” That’s ambitious given that Kerry admitted last month that meaningful dialogue with his Chinese counterpart, Xi...
5 tensions that could derail the climate conference
“The geopolitical context may not be conducive to ambition,” said Alden Meyer, a senior associate at E3G. “Yet the world expects governments to cooperate on three big issues: climate impacts, accelerating mitigation ambition and delivering greatly scaled up climate finance.” The Egyptian hosts of the summit have prioritized action over new pledges. That suggests that tangible responses to climate impacts will be a pillar of the negotiations like never before. And that means coming up with money — billions and billions of dollars. President Joe Biden will make an appearance Nov. 11, about half-way through the two-week conference, along with a pared-down U.S. delegation. Two new leaders, British Prime Minister Rishi Sunak and Brazil’s incoming president, Luiz Inácio Lula da Silva, will use t...
Future of Web3 security with Immunefi and Brave CEOs: The Bug House 2022
Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community. In a panel hosted by Cointelegraph, editor-in-chief Kristina Lucrezia Cornèr sat with Mitchell Amador, founder and CEO at Immunefi, and Brendan Eich, founder and CEO of Brave browser, to discuss the evolution of Web3 and its future trajectory. (From left to right) Kristina Cornèr, Mitchell Amador and Brendan Eich during The Bug House. Source: Cointelegraph “There’s a lot of Web2 in Web3. That’s a problem right now,” began Eich when asked about the ongoing Web2 to Web3 transition. From using trusted servers to sub-custody wallets, Amador believed that such Web2 site...
SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX
Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX. Swedish researcher Eric Wall shared an official letter from the SEC dated Nov. 1, which was addressed to influencers. It read: “We believe that you may possess documents and data that are relevant to an ongoing investigation being conducted by the staff of the United States Securities and Exchange Commission.” The letter was accompanied by a subpoena that was issued as part of the investigation, which demanded the influencers in ques...
Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes
Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.” Hayes: Bitcoiners and banks stand against CBDC “dystopia” CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they imply total government control over everyone’s money and purchasing power — “a full-frontal assault on our ability to have sovereignty over honest transactions between ourselves,” says Hayes. Among opponents of CBDCs are not only Bitcoiners, however. Sharing the cause will likely be the commercial banks ...
NFT pricing strategy: How to price your NFTs?
Early in 2021, markets for nonfungible tokens (NFTs) started to gain some notoriety, and by the end of March 2021, this new market for digital assets had a total lifetime traded volume of about $550 million. Any digital asset can be an NFT including collectibles, artwork, video game characters, virtual world objects and digitized sports. A blockchain, often one on the Ethereum network, is where an NFT’s ownership is recorded. However, the sale of this digital asset will result in ownership transfers and the blockchain recording of the crypto payment received. This isn’t to say that NFTs and cryptocurrencies are the same. In general, one of the fundamental properties of cryptocurrencies and fiat money is fungibility or interchangeability, whereas the nonfungibility characteristic of N...
Traders expect 200% upside from MATIC, but does Polygon network data support that?
In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price up nearly 200%. In addition to partnerships, blockchain adoption through network usage is important to analyze. Blockchain adoption can be analyzed by looking into daily active users of the blockchain, protocols using the technology, number of transactions and total locked value. Total value locked on Polygon rises above $1B Total value locked (TVL) is one cryptocurrency indicator used to assess the market’s sentiment towards a particular blockchain. TVL on Polygon requires utilizing the MATIC blockchain and locking ...
Joe Biden unhappy with Elon Musk for buying a platform that “spews lies”
The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (rebranded later to Meta), which was accused of manipulating information based on user demographics. Twitter, which was recently acquired by Elon Musk, got the short end of the stick as US President Joe Biden accused the website of spewing lies. Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter. He stated: “Now what are we all worried about? Elon Musk goes out and buys an outfit that sends and spews lies all across the world.” While the Biden administration has previously clarified its stance to promote the suppression of hate speech and misinformation on social media platforms, the president highlighte...
Bitcoin could become the foundation of DeFi with more single-sided liquidity pools
For many years, Ethereum reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recently, however, DeFi projects have started to crop up across multiple ecosystems, challenging Ethereum’s hegemony. And, as we look to a future in which the technical problem of interoperability is solved, one unlikely contender for the role of DeFi power player emerges — Bitcoin (BTC). In that future, Bitcoin plays potentially the most important role in DeFi — and not in a triumphalist, maximalist sense. Rather, Bitcoin can complement the rest of crypto as the centerpiece of multichain DeFi. The key to this is connecting it all together so that Bitco...
