texscience.org – Bitcoin and Science

• CryptoUnity is a cryptocurrency exchange that seeks to make it easier for beginners to navigate the crypto ecosystem.
• The exchange stores users‘ funds with an independent, highly regulated custodian and provides comprehensive research and education resources.
• CUT is the utility token that powers the CryptoUnity ecosystem, providing holders with many different benefits and utility cases on the platform.

CryptoUnity Exchange Targets Beginners in the Crypto Ecosystem

User-Friendly Interface and Comprehensive Educational Resources

CryptoUnity is a Slovenian start-up that is building a beginner-focused crypto exchange. The cryptocurrency exchange seeks to close the gap for beginners in the ecosystem by providing a user-friendly interface and comprehensive educational resources for those new to cryptocurrencies.

Safety Measures Implemented

In addition to its user-friendly nature, CryptoUnity is also focusing on safety aspects of crypto. The crypto exchange has implemented cold wallet storage with an NFC card, providing users with a secure way of storing funds as well as passing audits by QuilAudits and CertiK.

CUT Token Powers CryptoUnity Ecosystem

CUT is the utility token that powers the CryptoUnity ecosystem. The token has a total supply of one billion and provides holders with many different benefits and utility cases on the CryptoUnity platform including lower fees, access to further education, holder rewards, and advantages on giveaways.

Partnership With Lenovo

The project also has partnered up with Lenovo, one of the leading tech companies in the world, as an additional positive for its services.

Conclusion

CryptoUnity’s goal is to make it easier for beginners to enter into cryptocurrency trading in order to close gaps in accessibility within this sector of finance. Through their user-friendly interface combined with their comprehensive educational resources, their partnership with tech giant Lenovo, as well as their implementation of safety measures such as cold wallet storage solutions – they are well on track towards achieving this goal.

• Bitcoin price dropped to lows of $19,569 on cryptocurrency exchange Bitstamp due to negative news.
• The selloff was largely fueled by the New York Attorney General suing KuCoin for offering unregistered securities and Ethereum being named as one of these securities.
• Other news that may have contributed to the selloff include Silvergate winding down, a potential US tax on Bitcoin mining, Huobi Token’s flash crash, and a security breach on Hedera.

Bitcoin Price Drops Below $20K

Bitcoin price has dropped below the psychological support zone of $20,000 for the first time since early January after experiencing its biggest dump since November 2022. On cryptocurrency exchange Bitstamp, Bitcoin fell to lows of $19,569 in the past 24 hours amid a broader selloff for cryptocurrencies.

What Caused The Crypto Bloodbath?

The crypto market took a hit following news that the New York Attorney General had sued KuCoin over offering unregistered securities with Ethereum named as one of them. This was compounded by reports that Silicon Valley bank Silvergate was winding down which sent their shares plummeting nearly 50%. Additionally, there were talks of a new US tax on Bitcoin mining, Huobi Token’s flash crash, and a security breach on Hedera which all contributed to the overall market bloodbath.

Selloff Pressure Intensifies

The selloff pressure intensified further as investors reacted negatively to this slew of unfavorable news with both stocks and cryptocurrencies shedding over $2 trillion in market cap over this period. Crypto analyst Miles Deutscher commented on this confluence of negative triggers noting “This is why many traders are getting out” before things get worse for crypto prices.

Analysts Forecast Further Losses

Analysts are expecting further losses for Bitcoin and other cryptocurrencies if these negative news trends persist or intensify in days ahead. As such, some investors are already bracing themselves against potential further downside by selling off their positions while others remain hopeful that BTC will regain momentum sooner rather than later.

Conclusion

Overall it remains too soon to tell how far BTC or other cryptos could drop yet it’s clear that today’s sudden crypto bloodbath is not likely done yet as long as negative news keeps coming in from all directions

• Tether and the City of Lugano have launched the Plan Business Hub to celebrate the first anniversary of The Plan Initiative.
• The Hub will house more than 300 blockchain experts and enthusiasts, serve as a global point of reference in Lugano and host a recreational space for meetups and workshops.
• It is designed to attract talent, encourage networking and knowledge sharing, ultimately making Lugano a center of excellence for blockchain technologies.

Tether & the City of Lugano Launch Plan Business Hub

The Plan Initiative was launched on March 03, 2022 with the main objective of scaling Lugano’s blockchain capabilities. To mark its first anniversary, Tether Operations Limited (Tether) and the City of Lugano have announced the launch of the Plan Business Hub.

Purpose & Features

The purpose behind launching this hub is to explore potential adoption of blockchain technology in businesses as well as long-term use of cryptocurrencies in European region. It will house more than 300 blockchain experts and enthusiasts along with serving as a global point of reference in Lugano. There is also provision for hosting recreational spaces such meeting points, workshops etc., which would help foster education & development among people. This hub aims to attract talented individuals from all across Europe by providing them with an opportunity to network & share their knowledge among like-minded people.

Acceptance Of Crypto In The Region

When The Plan was initially launched last year, it was announced that Bitcoin (BTC), Tether (USDT) & city’s own LVGA token would be accepted as payment options for taxes, parking tickets, tuition fees & public services within city limits. So far over 150 shops including Mcdonalds have started accepting USDT, BTC & LVGA apart from fiat currency as mode of payment for goods & services availed at these places.

Mayor’s Opinion On Development

Commenting on this collaboration between Tether & City Of Lugano , Mayor Michele Foletti said: “The goal of this collaboration is to make Lugano a center of excellence for blockchain technologies.“ He further added that they’ve seen growing interest in cryptocurrency within past 12 months which has put their city on world map alongside other destinations famous for similar advancements related to blockchain technology .

Conclusion

The successful completion of one year since launch has marked great progress towards achieving milestones set by The Plan Initiative . By launching this business hub , both parties aim to promote mass adoption cryptocurrency within European region along with helping create new opportunities related to education , development , networking etc .

• CoinShares data show crypto investment products recorded minor outflows of $2 million.
• Bitcoin saw a third straight week of outflows totaling $12 million.
• Short-bitcoin funds saw inflows of $10 million driven by US economic data.

CoinShares Data Show Crypto Investment Outflows

CoinShares asset manager reported that digital asset investment products recorded outflows this past week due to macro data weighing on investor sentiment. Total outflows across crypto-related products was a minor $2 million, with Bitcoin seeing a third consecutive week of outflows totaling $12 million.

Short-Bitcoin Funds See Inflow

In addition to the negative sentiment around BTC price, short bitcoin funds saw inflows of $10 million last week. According to CoinShares, the US Federal Reserve’s hawkish attitude and recent macroeconomic data increased fears amongst investors that led to the large inflows into short investment products. The Producer Consumer Expenditure (CPE) index suggested inflation was still a key headwind, leading Bitcoin price dropping to lows of $22,770 on the Bitstamp crypto exchange before rebounding above $23,400.

Highlights from CoinShares Report

According to CoinShares head of research James Butterfill: „Opinions remain polarised though, with the US seeing outflows totalling US$14m, where recent macro data has increased fears amongst investors that the US Federal Reserve (FED) will be more hawkish than expected.“

Negative Sentiment Drives Short Investing

The negative sentiment towards Bitcoin last week drove investors to bet huge on its price going down, leading to large inflows into short bitcoin funds and further losses for the cryptocurrency’s price. While weekly outflows across crypto-related products remained minor at just over two million dollars, it is clear that investor sentiment is heavily weighted against cryptocurrencies in general and Bitcoin in particular right now.

Conclusion

Investor sentiment towards cryptocurrencies remains largely bearish right now despite continued efforts from institutional players like Grayscale Investments and Fidelity Digital Assets Services LLC which are attempting to drive up demand for digital assets by launching new funds and services aimed at making it easier for investors to gain exposure to them. Despite this activity however, it appears that negative news surrounding economic data such as inflation has had an impact on investor confidence in cryptocurrencies overall leading many investors to bet against BTC specifically this past week through short investments resulting in further losses for the cryptocurrency’s price over time.

• Helium Network is set to migrate to the Solana blockchain in March, and will deploy oracles after migration.
• The HNT token has gained 14% since the news broke out and is currently trading at $2.87.
• The transition period will last 24-hours and rewards generated during this time can be claimed afterward.

Helium Set To Migrate To Solana

The Helium Network is set to migrate to the Solana blockchain next month on March 27, 2023 in order to increase reliability and scalability. This move was approved by the community on September 22 of last year through a HIP-70 proposal. A working group of volunteers has been formed to oversee the entire migration process.

Price Increase For HNT Token

Since news of the migration broke out, the price of the HNT token has increased by 14%, currently trading at $2.87 per coin at press time. It has seen steady growth for two days straight since February 17 when it was first confirmed that Helium would migrate to Solana.

24-Hour Transition Period

In order for this migration process to take place successfully, there will be a 24-hour transition period where no blocks can be created on the Helium blockchain. Data transfer and proof-of-coverage activities will remain unaffected during this time however, so any rewards generated by these activities prior to the transition can still be claimed afterwards in your wallet.

Hotspots & NFTs

Afterwards, Hotspots will be minted as non-fungible tokens (NFTs). HNT and MOBILE token holders do not need to do anything in order for them to participate in this process; all accounts and tokens will automatically migrate over when it begins.

Conclusion

Overall, Helium’s move towards Solana marks an exciting new chapter for their protocol as they seek greater scalability and reliability within their network architecture – which should come as good news for HNT token holders who are already reaping its rewards!

Summary

• In 2022, Bitcoin was 26X more volatile on a weekly basis than the euro, up from 19X in 2021 and 16X in 2020.
• The data suggests that while Bitcoin’s volatility has come down since 2015, it has not improved since then.
• Bitcoin’s average volatility is significantly greater than other assets such as the Nasdaq and individual stocks.

Analyzing Bitcoin Volatility

Bitcoin and its accompanying volatility have been likened to two leads in a rom-com. They may take some time apart intermittently, but you know that they will inevitably get back together before long. To assess whether this situation is getting better or worse, CoinJournal.net set out to analyze the realized volatility of Bitcoin over time.

Realised Volatility Analysis

The analysis began by charting the realised volatily of Bitcoin over a rolling 30-Day window – an assessment of the magnitude of the movement. The results showed that while Bitcoin was all over the place until 2015 – which is not surprising given its niche status at this point – its liquidity had decreased since then. A closer inspection revealed that while there may be signs of calming down during the latter half of 2021, 2022 and start of 2023, there has been no improvement in stability since 2015.

Comparing Returns with Other Assets

When compared with other assets such as Nasdaq or individual stocks, Bitcoin’s average volatility was significantly greater; 26X more than the euro last year alone. This highlights one major challenge hindering adoption: its excessive price swings are simply too dangerous for investors who want to protect their capital from significant losses.

• SingularityNET (AGIX) price has surged by more than 774% over the past month.
• AGIX is a blockchain-powered platform that allows users to create, share, and monetize AI services.
• The surge in AGIX price is attributed to the recent news of Microsoft investing $10 billion in OpenAI, the startup behind ChatGPT.

What is SingularityNET?

SingularityNET is a blockchain-powered platform that allows users to create, share, and monetize artificial intelligence (AI) services. AI developers can sell their AI tools and libraries while those interested in AI services can test and buy any AI service uploaded on the SingularityNET AI marketplace. Additionally, if a user wants a customized AI service, they can tap into the extensive SingularityNET community of AI specialists via the Request for AI portal (RFAI). Users use the platform’s native token, AGIX, to purchase the AI services. This means that developers earn AGIX tokens by selling their AI services or filling the RFAI requests. AGIX holders can also vote on changes to the SingularityNET network operations and also stake their tokens to earn some interest.

Why Microsoft Invested In OpenAI?

Microsoft recently announced plans to invest $10 billion in OpenAI, the startup behind ChatGPT – an artificial intelligence tool that has gained popularity since its launch. This investment was made with an aim of giving Microsoft access to cutting edge technology while enabling OpenAI to further develop its artificial intelligence capabilities which will help them stay ahead of their competition.

Why Is The Price Of AGIX On The Rise?

The news around ChatGPT has triggered a surge in demand for cryptocurrencies related to artificial intelligence such as AGIX token. Since Tuesday when Microsoft announced its investment plans in OpenAI, AGIX has shot up by 18% and maintained its bullish trend since then with today’s increase being 40%. Besides its price rising sharply, trading volume for AGIX has increased significantly as people flock towards this currency in anticipation of future gains from it.

Can You Profit From The Bull Run?

Yes! If you are looking for ways to profit from this bull run then you should consider investing in AGIX tokens as it offers several advantages over other cryptocurrencies such as lower transaction fees and faster transactions times due to its blockchain technology base. Additionally, holders of these tokens have voting rights within the network as well as staking benefits which allow them earn passive income from holding their coins for set periods of time without having to actively trade them on exchanges every day.

Conclusion

The recent news around ChatGPT coupled with Microsoft’s investment plans have resulted in a surge in demand for cryptocurrencies related to Artificial Intelligence such as SingularityNET (AGIX). With over 774% increase over the past month alone and 40% growth today alone there are lots of opportunities for investors who want take advantage of this bull run before it comes crashing down again- so make sure you don’t miss out!

• Cryptocurrencies, also known as digital currencies, have entirely changed the landscape of modern-day finance.
• Bitcoin and other digital assets use revolutionary blockchain technology.
• Cryptocurrency trading has also become a popular investment option, with millions turning to crypto markets to make money.

Cryptocurrencies have revolutionized the world of finance, with digital assets providing an alternative to traditional currency and payment systems. This innovative technology has changed the global financial system, as Bitcoin and other digital assets use revolutionary blockchain technology. Blockchain is a secure, public ledger that verifies any transactions, making it a safe and reliable way to facilitate transactions without the need for a third party.

Cryptocurrency trading has also become a popular investment option, with millions turning to crypto markets to make money. Of course, traditional markets such as forex and stocks still enjoy a significant market share. However, cryptocurrency trading has become an attractive way for people to make money. As more people learn about cryptocurrencies and blockchain technology, some countries have even begun using Bitcoin as legal tender. Western institutions are also investing in cryptocurrency, with multibillion-dollar companies and investors jumping on the bandwagon.

Analysts agree that Bitcoin and Ethereum will remain the two largest cryptocurrencies around the world. Bitcoin was the first cryptocurrency created in 2009, and it remains the largest and most well-known digital asset in the world. Ethereum is the second-largest cryptocurrency, and it is the leading platform for developing decentralized applications and smart contracts.

Cryptocurrencies are only outlawed in nine countries in the world, and they are becoming increasingly popular as a viable alternative to traditional currency and payment systems. As more people become aware of the potential of cryptocurrencies, it is likely that the global market will continue to grow.

• Cryptocurrencies, also known as digital currencies, have entirely changed the landscape of modern-day finance.
• Bitcoin and other digital assets use revolutionary blockchain technology, which is a secure and public ledger that verifies any transactions.
• Cryptocurrency trading has become a popular investment option with millions turning to crypto markets to make money.

Cryptocurrencies have revolutionized modern-day finance, allowing people to make money in entirely new ways. Digital currencies, as they are sometimes known, use blockchain technology to securely record and validate transactions. This technology creates a secure public ledger that cannot be interfered with or amended, providing users with a trustworthy way of completing transactions without the need for a third party, such as a central bank.

As more people become familiar with cryptocurrencies and blockchain technology, they are becoming an increasingly popular alternative to traditional currency and payment systems. In fact, some countries are now using Bitcoin as a form of legal tender, and many large, Western institutions are also investing in cryptocurrencies.

This has resulted in cryptocurrency trading becoming a lucrative investment option. While traditional markets such as forex and stocks still hold a large market share, crypto markets are quickly gaining traction as people look for new and innovative ways to make money.

Analysts agree that Bitcoin and Ethereum will likely remain the top two cryptocurrencies in the world for the foreseeable future. While many other digital assets are available, these two have established themselves as the most reliable and trustworthy, making them attractive investment options for those looking to get involved in the crypto space.

It is worth noting that cryptocurrencies are outlawed in only nine countries in the world. This means that, for the most part, crypto markets are open to investors from all over the globe. This has helped to fuel the growth of digital assets and is likely to continue doing so in the future.

All in all, cryptocurrencies have brought about a new age in finance. They have opened up exciting opportunities for investors to make money and have provided an alternative to traditional currencies and payment systems. With Bitcoin and Ethereum likely to remain atop the crypto space for some time, it looks like digital assets are here to stay.

• QuickNode, a blockchain infrastructure provider, raised $60 million in a Series B round led by 10T Holdings.
• The funding round also attracted investors from Seven Seven Six, Tiger Global, and QED Investors.
• The funds will be used to grow QuickNode’s team and scale its activities and tools to facilitate blockchain adoption.

QuickNode, a blockchain infrastructure provider, has achieved a major milestone in its mission to power Web3 growth. The company recently announced that it has raised $60 million in a Series B round. 10T Holdings, a digital assets-focused mid to late-stage equity fund, led the round. The funding round also attracted investors from Seven Seven Six, a venture capital fund co-founded by Alex Ohanian in 2020, as well as Tiger Global and QED Investors.

The funds raised in the series B round will be used to grow QuickNode’s team and scale its activities and tools to facilitate blockchain adoption. The company is also looking to increase its presence in the blockchain infrastructure market by adding new features and tools to its platform.

QuickNode’s mission is to enable businesses and developers to build faster, more secure, and more reliable blockchain applications. The company provides developers with the tools and software solutions necessary to develop and deploy decentralized applications on the blockchain. The company also offers a suite of services such as blockchain consulting and training, as well as blockchain support services.

The company has been successful in helping its customers build enterprise-grade blockchain applications. QuickNode provides customers with a secure, reliable, and cost-effective infrastructure for their blockchain projects. The company has also partnered with a number of established organizations to help promote blockchain adoption.

QuickNode’s latest funding round is a testament to the company’s success in helping businesses and developers build blockchain-based applications. The funding will enable the company to continue expanding its activities and tools to facilitate blockchain adoption. It will also help the company grow its team and increase its presence in the blockchain infrastructure market.

The company is making great strides in the blockchain space and is well-positioned to become a major player in the sector. With its latest funding round, QuickNode is set to further solidify its position as a leader in blockchain infrastructure and accelerate the growth of the Web3 ecosystem.