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\"\" — Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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August 15, 2024

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\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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August 15, 2024

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ADVERTISEMENT

\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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November 24, 2024

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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Artificial Intelligence

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Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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August 15, 2024

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\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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December 3, 2024

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August 15, 2024

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\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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December 3, 2024

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August 15, 2024

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\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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August 15, 2024

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\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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November 24, 2024

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December 3, 2024

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August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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August 15, 2024

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\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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December 3, 2024

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August 15, 2024

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\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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November 24, 2024

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August 15, 2024

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\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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December 3, 2024

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August 15, 2024

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\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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November 24, 2024

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December 3, 2024

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August 15, 2024

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Follow The Distributed

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\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

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December 3, 2024

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August 15, 2024

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\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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November 24, 2024

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December 3, 2024

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August 15, 2024

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\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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August 15, 2024

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\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Follow The Distributed

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\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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August 15, 2024

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\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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August 15, 2024

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\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 61 62 63 64 65 … 85 Next

Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Artificial Intelligence

Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

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\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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\n
The research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Most Read

Adoption

Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

October 31, 2022 - Updated on April 10, 2023

Artificial Intelligence

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\n
Basics Of The Research<\/strong><\/h2>\n\n\n\n
The research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The major players of this trend include B2BinPay, Binance, Bitpay, Circle, Coingate, Coinpayments, Coinspaid, MoonPay, OpenNode, Paxful, Paypal, SpectroCoin, Utrust, Verifone, and Zebpay.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Major players, entrepreneurs, shareholders, and owners rely heavily on research as a source of information to develop new plans for the future and take action to strengthen their market position.<\/li><\/ul>\n\n\n\n
The major players of this trend include B2BinPay, Binance, Bitpay, Circle, Coingate, Coinpayments, Coinspaid, MoonPay, OpenNode, Paxful, Paypal, SpectroCoin, Utrust, Verifone, and Zebpay.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The market research report thoroughly analyzes the most important market segments, value chain analysis, significant business investment scenarios, regional environment, and competitive environment.<\/li><\/ul>\n\n\n\n
Major players, entrepreneurs, shareholders, and owners rely heavily on research as a source of information to develop new plans for the future and take action to strengthen their market position.<\/li><\/ul>\n\n\n\n
The major players of this trend include B2BinPay, Binance, Bitpay, Circle, Coingate, Coinpayments, Coinspaid, MoonPay, OpenNode, Paxful, Paypal, SpectroCoin, Utrust, Verifone, and Zebpay.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
In the report, the worldwide open banking market generated $13.9 billion in revenue in 2020 and is projected to reach $123.7 billion by 2031, showing a CAGR of 22.3% from 2022 to 2031.<\/li><\/ul>\n\n\n\n
The market research report thoroughly analyzes the most important market segments, value chain analysis, significant business investment scenarios, regional environment, and competitive environment.<\/li><\/ul>\n\n\n\n
Major players, entrepreneurs, shareholders, and owners rely heavily on research as a source of information to develop new plans for the future and take action to strengthen their market position.<\/li><\/ul>\n\n\n\n
The major players of this trend include B2BinPay, Binance, Bitpay, Circle, Coingate, Coinpayments, Coinspaid, MoonPay, OpenNode, Paxful, Paypal, SpectroCoin, Utrust, Verifone, and Zebpay.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research

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\n
According to the Allied Market Research report<\/a> released on October 24th, the worldwide Bitcoin (BTC) payments market will reach $3.7 billion by 2031.<\/p>\n\n\n\n
In the report, the worldwide open banking market generated $13.9 billion in revenue in 2020 and is projected to reach $123.7 billion by 2031, showing a CAGR of 22.3% from 2022 to 2031.<\/li><\/ul>\n\n\n\n
The market research report thoroughly analyzes the most important market segments, value chain analysis, significant business investment scenarios, regional environment, and competitive environment.<\/li><\/ul>\n\n\n\n
Major players, entrepreneurs, shareholders, and owners rely heavily on research as a source of information to develop new plans for the future and take action to strengthen their market position.<\/li><\/ul>\n\n\n\n
The major players of this trend include B2BinPay, Binance, Bitpay, Circle, Coingate, Coinpayments, Coinspaid, MoonPay, OpenNode, Paxful, Paypal, SpectroCoin, Utrust, Verifone, and Zebpay.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Basics Of The Research<\/strong><\/h2>\n\n\n\nThe research offers a thorough quantitative analysis of the market from 2022 to 2031. It directs investors in choosing where to put their money in this quickly changing sector.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The market for worldwide bitcoin payments is comprehensively segmented based on Keys, Components, Applications, and Regions.<\/li><\/ul>\n\n\n\n
It offers a thorough analysis of each segment and sub-segment in tables and figures so that customers may get knowledge of market trends.<\/div><\/div><\/li><\/ul>\n\n\n\n
The market study analysis helps businesses, investors, and entrepreneurs identify the sub-segments that need to be investigated to see rapid development over the next years.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> $28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath<\/a><\/p>\n","post_title":"Global Bitcoin Payments Anticipated To Exceed $3.7B By 2031, Research","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"global-bitcoin-payments-anticipated-to-exceed-3-7-billion-by-2031","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:44","post_modified_gmt":"2023-04-10 08:47:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7995","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7962,"post_author":"8","post_date":"2022-10-31 00:20:16","post_date_gmt":"2022-10-30 13:20:16","post_content":"\n
Akash Girimath<\/a>, a prominent crypto analyst and contributor to FxStreet<\/a> and FXScrypto<\/a>, explains the recent performance of Bitcoin price and its rational targets in his latest technical analysis report<\/a>.<\/p>\n\n\n\n
The price of bitcoin is responding favorably to the optimistic events occurring over the past few weeks. When seen through the prism of Bitcoin's historical performance in Q4s spanning the last decade, a recent breakout might represent the beginning of a sustained rise up. \u201cThe average return in Q4 is 27%, which is the highest after Q2\u2019s 21%,\u201d<\/em> he stated.
<\/li>
While past performance cannot be relied upon to foretell the future accurately, if the cycle repeats in 2022, investors may witness an abrupt move to the north over the following two months.
<\/li>
The $25,000 barrier is a significant turning point for BTC since it marks the middle of the 45% rise that took place between May and June. Indicating a positive revival and driving Bitcoin price to the next major area, extending between $28,000 and $29,000, will need to turn this resistance level into a support floor.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.<\/a><\/p>\n\n\n\n
$\"Akash$
Akash Girimath explains why the Bitcoin price may rationally hit $28,000 within the next couple of months. Source: FxStreet\/Crypto News<\/figcaption><\/figure>\n","post_title":"$28,000 Is A Sensible Target for Bitcoin (BTC), Crypto Analyst Akash Girimath","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"28000-is-a-sensible-target-for-bitcoin-btc-crypto-analyst-akash-girimath","to_ping":"","pinged":"","post_modified":"2023-04-10 18:47:54","post_modified_gmt":"2023-04-10 08:47:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7962","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7890,"post_author":"10","post_date":"2022-10-29 00:04:34","post_date_gmt":"2022-10-28 13:04:34","post_content":"\n
With its most recent collaboration with Astar Japan Labs<\/a>, the city of Fukuoka in Japan is looking to the future of Web3, intending to become the nations Web3 and crypto center.<\/p>\n\n\n\n
The city intends to make this possible by partnering with Aster Japan Labs, the creators of the Astar network, one of the most popular blockchains.<\/li><\/ul>\n\n\n\n
The partnership between the city and Astar Japan Labs will enable the development of new applications for Web3 technologies. Fukuoka joins the list of over 45 entities Astar Japan Labs partners with, such as Microsoft Japan and Amazon Japan.<\/li><\/ul>\n\n\n\n
The announcement <\/a>asserts that the city hopes to entice worldwide enterprises to the region. In cooperation with local governments, representatives from Astar will visit the city to give education and new use cases both there and throughout the nation.<\/li><\/ul>\n\n\n\n
The new development follows a rush of adjustments to the space around crypto and Web3 in Japan. The nation was known for having some of the strictest rules around cryptocurrencies, which might reduce their appeal. However, it has also recently relaxed a set of rules governing the launching of new currencies on recognized exchanges.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
The government of Japan has plans to make significant investments in Web3 and metaverse efforts, the prime minister of Japan said in a speech on October 3.<\/div><\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> Lazarus, The North Korean Hacker Group Involved In Recent Japanese Phishing Scam<\/a><\/p>\n","post_title":"Japanese Port City Aims To Be The Web3 Hub For The Country","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"japanese-port-city-aims-to-be-the-web3-hub-for-the-country","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:08","post_modified_gmt":"2023-04-10 08:48:08","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7879,"post_author":"10","post_date":"2022-10-28 23:51:17","post_date_gmt":"2022-10-28 12:51:17","post_content":"\n
The Australian federal law enforcement agency called the illegal usage of cryptocurrencies an \u201cemerging threat\u201d in Australia.<\/p>\n\n\n\n
Speaking to Cointelegraph, a spokesperson for the Australian Federal Police<\/a> (AFP) said there is an increase in criminals utilizing cryptocurrency for illegal activities. These criminals are also trying to disguise the ownership of assets.<\/li><\/ul>\n\n\n\n
Nevertheless, they acknowledged that the major difficulty for law enforcement is to \u201ccontinually improve\u201d its \u201ctools, techniques, and legal frameworks\u201d to keep up with criminals.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
The Steps Taken to Monitor Cryptocurrency Transactions In Australia<\/h2>\n\n\n\n
The AFP created a new cryptocurrency unit last month to keep track of crypto transactions.<\/div><\/div><\/div><\/li><\/ul>\n\n\n\n
Stefan Jerga, national manager of the AFP\u2019s criminal asset confiscation command, noted that since the AFP conducted its first cryptocurrency seizure in early 2018, the usage of cryptocurrencies in criminal activities has dramatically expanded.<\/span><\/div><\/li><\/ul>\n\n\n\n
The new unit\u2019s duties include disrupting the structure of criminal syndicates using forensic intelligence and combating crime. In addition, the team will focus on preventing fraud before it starts rather than trying to recover lost money.<\/div><\/div><\/li><\/ul>\n\n\n\n
According to a private investigator from Australia, the AFP has not yet concentrated on the \u201cprolific and lucrative\u201d cryptocurrency crime of online investment fraud.<\/div><\/div><\/li><\/ul>\n\n\n\n
The investigator added that law enforcement agencies need more training on how cryptocurrencies operate since certain law enforcement departments are still not completely prepared to handle instances of cybercrime.<\/div><\/div><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance<\/a><\/p>\n","post_title":"The Use Of Crypto For Crimes Is An \u2018Emerging Threat\u2019 Says Australian Police","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-use-of-crypto-for-crimes-an-emerging-threat-australian-police","to_ping":"","pinged":"","post_modified":"2022-10-30 01:48:11","post_modified_gmt":"2022-10-29 14:48:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7879","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7875,"post_author":"8","post_date":"2022-10-27 20:55:08","post_date_gmt":"2022-10-27 09:55:08","post_content":"\n
Zak Mir<\/a>, a senior UK-based stock and crypto analyst, has recently been interviewed by financial journalist Alessio Rastani<\/a>. In the interview<\/a><\/a><\/span>, Zak explained why Ethereum (ETH) is on the verge of entering a strong uptrend and the potential price levels to watch for possible bullish breakouts.<\/p>\n\n\n\n
Ethereum price has already exceeded the 12-day moving average following the rejection at the critical support near 1200. Currently, the price is testing the dynamic resistance at 50-SMA on the daily chart.
<\/li>
Zak expects ETH to extend the current bullish momentum and exceed the 50-day moving average. \"Let's say it breaks resistance at 1400 near the 50-day, I mean, it was quite simple, almost as simple as it can be, but for a 50-day moving average, it still may play as a strong resistance,\u201d he stated.
<\/li>
The price must exceed the 200-day moving average to extend the upside movement. Besides, market experts will closely watch how the price behaves near the upcoming resistance at 1750 and 2040.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision<\/a><\/p>\n\n\n\n
$\"\"$
Zak Mir (left) explains to Alessio Rastani (right) the critical resistance levels that Ethereum is about to test. Source: YouTube\/Alessio Rastani<\/figcaption><\/figure>\n","post_title":"Ethereum (ETH) Has A Significant Chance Of Making A Solid Bullish Move Ahead","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ethereum-eth-has-a-significant-chance-of-making-a-solid-bullish-move-ahead","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:24","post_modified_gmt":"2023-04-10 08:48:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7875","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7869,"post_author":"10","post_date":"2022-10-27 17:29:36","post_date_gmt":"2022-10-27 06:29:36","post_content":"\n
South Korea's Financial Service Commission will keep an eye on cryptocurrency \"whales\" with holdings worth more than KRW$100M (US$70,600) It aims to stop any illegal or money-laundering behaviour.<\/p>\n\n\n\n
The Financial Service Commission of South Korea has announced new regulations for the cryptocurrency market requiring the surveillance of owners of more than $100 million won in this asset class in cryptocurrency holdings. This is one of the measures the financial regulator is taking to implement AML and aims to prevent money laundering.<\/li><\/ul>\n\n\n\n
According to reports<\/a> by local media, the FSC stated that a greater percentage of digital assets and stablecoins<\/a> is associated with a higher risk of money laundering. Therefore, under the new Anti-Money Laundering guidelines, additional attention should be paid to monitoring crypto whales with substantial holdings of digital assets and stablecoins.<\/li><\/ul>\n\n\n\n
The report also indicated that stablecoins, particularly ones widely utilized by the general population, are more likely to be employed in criminal activity.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Binance Introduces New Law Enforcement Programs To Detect Crypto Crimes<\/a><\/p>\n\n\n\n
Crypto Whales Facing Extensive AML Rules<\/h2>\n\n\n\n
South Korea is renowned for its stringent enforcement of crypto-related rules, particularly in the aftermath<\/a> of the Terra ecosystem's collapse. Its financial authorities have intensified their work to safeguard investors and pass crypto law by the beginning of 2024.<\/span><\/li><\/ul>\n\n\n\n
The Financial Intelligence Unit (FIU) of South Korea recently completed a study on cryptocurrency exchanges focusing on AML breaches and requirements related to countering terrorist funding. FIU is an organization that works to stop money laundering and unauthorized financial transfers.<\/li><\/ul>\n\n\n\n
The agency concluded that there was not enough compliance with these standards. It has promised to report on illicit transactions and behaviors frequently. Additionally, it motivates exchanges to set up a suitable AML system.<\/span><\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"South Korean Watchdog Goes After Crypto Whales To Enforce AML Compliance","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"south-korean-watchdog-goes-after-crypto-whales-to-enforceaml-compliance","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/the-terrable-fate-of-ust-and-its-sister-coin-luna\/","post_modified":"2022-10-27 17:31:06","post_modified_gmt":"2022-10-27 06:31:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7869","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7770,"post_author":"8","post_date":"2022-10-23 17:36:05","post_date_gmt":"2022-10-23 06:36:05","post_content":"\n
Ali B<\/a>, a professional cryptocurrency analyst at Crypto News, has identified a critical price level that can work as solid support for Bitcoin. He also stated that the price might hike 15% to the north if BTC survives above the respective support zone.<\/p>\n\n\n\n
Ali recently published his latest technical analysis<\/a> on Bitcoin and Ethereum on cryptonews.com. \u201cOverall, Bitcoin has been trading with a bearish bias since the breakout of a symmetrical triangle pattern, and a breakout of a double-bottom support level of $18,950 will determine future market trends,\u201d<\/em> he stated.
<\/li>
On the plus side, the $19,300 support level may be hard for Bitcoin to breach and turn into a resistance level. If BTC cannot surpass this barrier, its price will surely decline. Keep an eye on $19,300 as a result; or above it. Purchasing option is still viable, up to $19,500 or $19,940.
<\/li>
BTC may push toward $18,700 if the $18,950 support level is breached. Upon a bullish breakout of $19,250\/$19,300, Bitcoin might increase by 15%.
<\/li>
According to the report, Ethereum is once again in a downtrend after being rejected at $1,309 and finding quick support close to the double-bottom region of $1,273.<\/li><\/ul>\n\n\n\nSee Related:<\/em><\/strong> There May be a Short-Term Relief for Bitcoin (BTC) And Ethereum (ETH) Ahead Of Fed\u2019s Rate Decision, Crypto Analyst G\u00fcnay Caymaz<\/a><\/p>\n\n\n\n
$\"Bitcoins$
Ali has illustrated the key event levels for Bitcoin's (BTC) price. Source: CryptoNews<\/figcaption><\/figure>\n","post_title":"Bitcoin Price May Rise By 15% If The Key Support Zone Is Held, Crypto Analyst Ali B.","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-price-may-rise-by-15-if-the-key-support-zone-is-held","to_ping":"","pinged":"","post_modified":"2023-04-10 18:48:35","post_modified_gmt":"2023-04-10 08:48:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7770","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7747,"post_author":"10","post_date":"2022-10-22 17:00:53","post_date_gmt":"2022-10-22 06:00:53","post_content":"\n
Data from the GitHub software source shows that Polkadot recognized more than 500 contributions daily in September, putting the multi-chain protocol at an all-time high.<\/p>\n\n\n\n
Polkadot's<\/a> XCM cross-consensus interoperability standard statistics reveal that 26,258 messages were transmitted between its parachains. On Polkadot's GitHub in August, 14,930 developer contributions were recorded.<\/li><\/ul>\n\n\n\n
66 blockchains are now operational on Polkadot and its parachain startup network Kusama, according to project developers. <\/li><\/ul>\n\n\n\n
Over 140,000 messages have been sent and received between chains across 135 messaging channels since the system's launch. Together, the Polkadot and Kusama Treasuries have distributed a total of 346,700 KSM and 9.6 million DOT ($72.8 million) to finance budgetary requests in the ecosystem.<\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Wanchain Deploys New Bridges Connecting Moonbeam, Moonriver, Polkadot and Wanchain<\/a><\/p>\n\n\n\n
What Are Polkadots Parachains?<\/h2>\n\n\n\n
Parachains are Individual layer-1 <\/a>blockchains tested on Kusama and operate in parallel on Polkadot. Parachains often support their tokens<\/a> and tailor their functionality to certain use cases. <\/li><\/ul>\n\n\n\n
Projects must participate in a parachain auction to be accepted as a parachain on Polkadot and Kusama. These auctions are the best equitable way to divide the available spaces. <\/li><\/ul>\n\n\n\n
Participants in the parachain auction are given a certain length of time to submit bids on the projects they would want to see get a parachain slot. The project that received the greatest support at a randomly chosen bidding process will typically be granted access to a parachain slot.<\/li><\/ul>\n\n\n\n
Crowd loans are used as the medium for auctioning off parachain slots, with the winning enterprise receiving the position. The first of its type happened in November of last year.<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>Polkadex\u2019s Crowdloan Campaign Raises 973,324 DOTs ($13.8M) To Secure The 16th Polkadot Parachain Slot<\/a><\/p>\n","post_title":"Polkadot's Development Activities Hit An All-time High","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"polkadots-development-activities-hit-an-all-time-high","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/polkadexs-crowdloan-campaign-raises-973324-dots-13-8m-to-secure-the-16th-polkadot-parachain-slot\/\nhttps:\/\/www.thedistributed.co\/wanchain-deploys-new-bridges-connecting-moonbeam-moonriver-polkadot-and-wanchain\/","post_modified":"2023-04-10 18:48:48","post_modified_gmt":"2023-04-10 08:48:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7749,"post_author":"10","post_date":"2022-10-21 09:12:21","post_date_gmt":"2022-10-20 22:12:21","post_content":"\n
The Bitcoin gaming firm ZEBEDEE<\/a> announced the release of No Big Deal (NDB), a non-profit focused on fostering open-source development for Bitcoin and the Lightning Network.<\/p>\n\n\n\n
NBD launched several projects that deal with \"hosted channels\" on the Lightning Network. This layer 2<\/a> network aids in making bitcoin transactions more affordable and swift. Hosted channels are connections to the network that do not demand users to pay bitcoins before using Lightning.<\/li><\/ul>\n\n\n\n
The NBD project enables more people to operate their own software, clients, and infrastructure instead of using for-profit services like ZEBEDEE.<\/li><\/ul>\n\n\n\n
Most of the company's efforts have been concentrated on the Lightning Network and hosted channel support. By eliminating the need to lock up cash, hosted channels make moving funds across Lightning simpler and less expensive. However, the drawback of locking up money makes it clear that bitcoin reserves are necessary. Yet, some users lack the liquidity<\/a> to maintain them.<\/li><\/ul>\n\n\n\n
See Related:<\/strong><\/em> El Salvador Introduced 44 Countries To Bitcoin And Lightning<\/a><\/p>\n\n\n\n
The Projects On ZEBEDEE's No Big Deal<\/h2>\n\n\n\n
The first four projects from NBD are focused on hosted channels. The company's open-source development initiatives will expand to include further Bitcoin features. <\/p>\n\n\n\n
Open Bitcoin Wallet, <\/a>the first project, is a cutting-edge non-custodial Lightning wallet that can enable hosted channels.<\/li><\/ul>\n\n\n\n
Poncho<\/a> is a Core Lightning (CLN) plugin that allows Lightning nodes to run and serve hosted channels for Lightning-compatible wallets. <\/li><\/ul>\n\n\n\n
Cliche <\/a>is a software program that lets developers create Lightning nodes with built-in support for hosted channels.<\/li><\/ul>\n\n\n\n
Immortan<\/a> allows wallet developers to add Lightning features to their wallets in a \"plug-and-play\" fashion. <\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino<\/a><\/p>\n","post_title":"ZEBEDEE Releases \"No Big Deal\" A Non-Profit, Open-Source Bitcoin Development Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"zebedee-releases-an-open-source-bitcoin-development-non-profit-project","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/el-salvador-introduced-44-countries-to-bitcoin\/\nhttps:\/\/www.thedistributed.co\/application-layer-protocols\/","post_modified":"2022-10-23 22:28:14","post_modified_gmt":"2022-10-23 11:28:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7749","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7714,"post_author":"8","post_date":"2022-10-20 22:23:24","post_date_gmt":"2022-10-20 11:23:24","post_content":"\n
Jason Pizzino<\/a>, an experienced crypto trader, and technical analyst, recently appeared on his youtube channel<\/a>, showing how close the Bitcoin price is to hitting the four-year cycle low and the possible outcome of such a major market event.<\/p>\n\n\n\n
Jason has examined the last 51 monthly bars of Bitcoin and revealed three major market bottoms formed every four years. According to his analysis, the support level at 13242.62 could be the latest major bottom for the crypto asset. He believes the price may rebound to a long-term uptrend if Bitcoin hits the respective support zone.<\/li><\/ul>\n\n\n\n
Bitcoin cycles begin with little to no market interest. However, asset prices often increase as interest and demand increase to keep up with the escalating demand. Prices eventually peak and begin to decline as supply exceeds demand and interest rates start to fall. Each cycle has an end and a beginning.<\/li><\/ul>\n\n\n\n
The price pulling back to the 4-year cycle low may unlock fresh opportunities to go long with Bitcoin. He said, \"you wait for the low to come in, and it bounces back to 17K, gives it's almost like the same price and your risk rewards about the same you've got some lower level prices for support.\"<\/em><\/li><\/ul>\n\n\n\n
See Related:<\/em><\/strong> Bitcoin May Hit Below 18K Following Upcoming Fed Data, Crypto Analyst Cameron Fous<\/a><\/p>\n\n\n\n
$\"\"$
Jason Pizzino is showing the probability of Bitcoin (BTC) price testing the four-year cycle low. Source: YouTube\/Jason Pizzino<\/figcaption><\/figure>\n","post_title":"What Could Be the Aftermath If Bitcoin Hits The 4-Year Cycle Low? Crypto Analyst And Trader, Jason Pizzino","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"what-could-be-the-aftermath-if-bitcoin-hits-the-4-year-cycle-low-crypto-analyst-and-trader-jason-pizzino","to_ping":"","pinged":"","post_modified":"2022-10-21 18:30:27","post_modified_gmt":"2022-10-21 07:30:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7714","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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