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Analytics Reading time: ~2 m 2022 has been a historic year for everyone. We have witnessed the collapse of several giants of the crypto industry, which has greatly affected the cryptosphere. Moreover, 2023 has just begun, but analysts are already predicting that the year will be filled with challenges and turning points for the global economy that could affect digital currencies. Identifying this year’s trends will allow you to get a clearer picture of the path that the crypto ecosystem will take, as well as recognize investment opportunities in the face of winter and volatility. 1. Regulation The recent collapse…

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Bitcoin Reading time: ~2 m On February 1, 2023, the Luxor mining pool mined the largest block number #774,628 that has ever existed in the bitcoin network. Its weight was approximately 3.96 MB. Pool representatives posted a message on Twitter (social network banned in Russia), which informed the crypto community about the find and revealed the reason for such a large block size. The tweet also contained a “Taproot Wizard” NFT image that was attached to the mined block. The Taproot feature, added to the Bitcoin network on November 12, 2021, was activated at block 709,632 and brought a number…

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Other Reading time: ~2 m Binance CEO Changpeng Zhao (CZ) revealed his recipe for time management, advising not to trade time for anything other than knowledge. A key skill for CZ is being able to say no. His credo is that what you don’t do is more important than what you do. He prefers to start any meetings with a warning about the limit of 15 minutes. Zhao agrees to them only if there is a subject for conversation. CZ does not participate in any chats – either personal or work. He has a limited social network, which has several…

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Altcoins Reading time: ~2 m Statistics showed that Cardano (ADA)-based stablecoin Djed (DJED) lost its peg to the value of the US dollar (USD) for some time. Fluctuations in prices for a new asset have caused concern among investors. However, experts dispelled them Things didn’t quite go according to plan, according to traders, as the virtual asset traded on decentralized exchanges like Bitrue, Minswap and SundaeSwap fell below $1 for a while. Its quotes reached $0.98, which was not a very good signal for an algorithmic stablecoin. However, according to some well-known members of the community, there was no need…

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Analytics Reading time: ~2 m The aggressive rally of Bitcoin (BTC) in January gave on-chain analysts new hope that the market has finally entered the long-awaited new bull cycle. BTC becomes profitable January has been the most profitable month for Bitcoin since October 2021. In this regard, BTC trader and founder of the Capriole Fund, Charles Edwards, recently stated that the market is likely to be at the beginning of a new bull cycle for the world’s main cryptocurrency, while remaining “inside the circle of volatility.” Edwards cites the number of BTC addresses in the profit zone as evidence. As…

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Blockchain Reading time: ~2 m The Lawyers Regulatory Authority for England and Wales (SRA) has released a report on the benefits of using blockchain, smart contracts and NFTs, as well as the risks of cryptocurrencies. The department’s specialists state that many law firms are already using blockchain technology and distributed ledger technology (DLT) for more transparent information exchange and secure documentation storage. Due to the immutability of data, the blockchain provides trust between network participants without the need for an intermediary. Smart contracts significantly speed up many legal transactions, SRA experts argue. Most often, blockchain is used by law firms…

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Bitcoin Reading time: ~2 m Businessman and author of the personal finance book Rich Dad Poor Dad Robert Kiyosaki once again spoke out in support of bitcoin (BTC), noting that the cryptocurrency can act as an alternative to the existing fiat system. Kiyosaki called bitcoin one of the three “biggest topics on earth” along with precious metals, all because of the deteriorating situation with the US dollar: The hottest topic on the market today is not real estate. These are gold, silver and, of course, bitcoin. And the reason they are the most talked about topic on earth is because…

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Mining Reading time: ~2 m NYDIG sent an important signal to the #1 cryptocurrency mining industry. Core Scientific has entered into a swap agreement under which the NYDIG lender waives a $38.6 million loan and interest payment requirement in exchange for Core Scientific providing the lender with 27,403 bitcoin miners. Thus, de facto NYDIG made a deal to buy mining equipment – this is another signalthat participants in the bitcoin ecosystem see excellent financial prospects in the production of the #1 cryptocurrency. It is noteworthy that according to materials the bankruptcy case pending in Texas, the monetary value of the…

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Altcoins Reading time: ~2 m The launch of the Shibarium blockchain project may be delayed again. This conclusion was made by U.Today experts. They studied the Twitter account of Shiba Inu (SHIB) key developer Shitoshi Kusama and came to exactly this conclusion. In their opinion, the release of the second-level (L2) blockchain protocol is likely to be delayed, as the creators did not have time to prepare the product for launch. Analysts noted that lead developer Shiba Inu’s latest Twitter activity demonstrated the clear possibility of such a scenario. They emphasized Shitoshi Kusama’s great “love” for cryptic messages and clues.…

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NFT Reading time: ~2 m Non-fungible token marketplace OpenSea has introduced a new feature that should prevent thieves from quickly reselling NFTs. NFT marketplace OpenSea will introduce a three-hour block on the resale of some digital collectibles to prevent attackers from quickly getting rid of stolen NFTs. Representatives of the project announced this on the site’s page on Twitter. Source: twitter.com According to OpenSea, three hours should be enough for the stolen NFT to be reported, and moderation to take action to block it. However, it’s not clear if the restricted trading feature will be rolled out to all NFTs,…

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