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Bitcoin Industry

Channel address: @bitcoin_industry
Categories: Cryptocurrencies
Language: English
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☄️ Publishing news from the crypto industry faster than anyone else ☄️
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The latest Messages 82

2021-11-12 20:30:00Bitcoin Miners See High Prices as 'Opportunity,' Become Sellers.

Bitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst.

According to the bitcoin data and research platform ByteTree, about 30% more BTC was sold than mined on Thursday, as more Bitcoin miners sent part of their holdings to the market.

The fresh round of selling from miners was also visible in data that tracks miner inventories. As of Friday at 13:03 UTC, miners’ inventories fell to their lowest level since September 11 this year, with BTC 1,521,397 currently held by miners.

The current number represents a drop from a peak of BTC 1,523,766 reached on November 8, when the bitcoin price stood at around USD 45,000.

Worth noting, however, is that about BTC 1.5m were mined during the early days of bitcoin, and have never entered the market.

“The miners have been accumulating BTC since early September which has served them well,” Morris said. He added that “some have decided to take profits,” while noting that this is “not huge, but tells us sentiment is shifting.”

“Miners sell BTC every day as they have costs to pay and want to bank profits. Prices are high and so they see an opportunity,” Morris said.

And given that the bitcoin price earlier this week just barely managed to reach a new all-time high, Morris said that the selling could also be related to some miners who had bet on a higher price spike now finding themselves on the wrong side of that bet.
23.2K views17:30
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2021-11-12 19:01:01 ​ Have you ever thought of a crypto that unites both solidity and constant valuation of Real Estate with cryptocurrencies ?

We introduce you to the D¥NS!

D¥NS is a payment token with global acceptance and reference in the Real Estate Market, one of the safest investments available in the market. It is the only cryptocurrency that brings together the benefits of both the Crypto and Real Estate worlds.
The acquisition of ultra premium real estate assets offers a guarantee to the D¥NS holders and acts as a reference among the currencies in circulation in the market adding more stability to the token. In this way, the capital obtained from the rental of these real estate assets is used to repurchase D¥NS in the market and burn them through the buyback and burn mechanism. This generates more liquidity and scarcity for our token, consequently valuing the D¥NS price.

There are only 0,48% of the 21 millions of D¥NS released so far. So whoever positions themselves first will get a share !

So what are you waiting for to be part of this revolution ?

Come join us on this ride!

Telegram Group | Global: https://t.me/dynastygi

Telegram News Channel | Global : https://t.me/DynastyInvestmentsGlobalChannel
Website : https://dynastygi.com/
34.6K views16:01
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2021-11-12 13:01:22
DōKEN - The future of finance

DōKEN stands for Hokkaido-Ken, its one of the oldest six native Japanese splitz breeds.

Bitrise Audit Score 95% - https://bitriseaudits.com/project/110

Utilities
DOKEN SWAP WITH CHART FEATURE
DIVIDEND HUB = FREE FOR DEVELOPERS AT FIRST
DIVIDEND HUB = GIVES 'PLUG AND PLAY' ABILITY TO DEVELOPERS SO THEY CAN GET TO MARKET AND GET TO
FUNCTIONALITY QUICKLY WITHOUT DOING FROM SCRATCH
DAPPS API FOR DEVELOPERS - REDUCING TIME TO MARKET
DASHBOARD FOR REWARD CLAIMS

Dokenomics
8% BUSD Reflection
5% Dev & Marketing
2% Auto Liquidity
1% Buyback & Manual Burn
1% Max Buy & Max Sell Tx ( 10,000,000,000 DoKEN )
3% Additional Fees on Selling

#DOKENARMY
TG : https://t.me/DokenToken
Website : https://doken.exchange
Twitter : https://twitter.com/DoKenToken
Whitepaper: https://doken.exchange/assets/whitepaperv1.pdf
58.7K views10:01
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2021-11-12 12:30:00 ​​Study: 58% of video game developers are already using blockchain.

Games have been pay-to-play, but blockchain and NFTs are here to change that, Stratis CEO Chris Trew told Cointelegraph.

A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles.

Commissioned by blockchain platform Stratis and undertaken by insight agency Opinion, the new research surveyed 197 video game developers in the United States and the United Kingdom. The results showed that 58% of developers are beginning to use blockchain technology, and almost half of the respondents (47%) started incorporating nonfungible tokens (NFT).

The study indicates developers’ confidence in blockchain and NFTs, as two-thirds of studios expect blockchain to become prevalent in the gaming industry within the next two years. While 72% of respondents are considering using blockchain and NFTs in upcoming games, more than half (56%) plan to apply the new tech within 12 months.

Speaking to Cointelegraph, Stratis CEO Chris Trew explained that blockchain techn, tokens and NFTs are vital technologies for new digital worlds and gaming experiences. “They enable players to own a stake in the games they play by, for example, buying land within a metaverse game as an NFT or a car in a racing game,” he said.

“Historically, games have been pay-to-play, and the value accrued only to companies and platforms. Blockchain and NFTs turn this situation on its head,” Trew added.

The top three benefits of blockchain for the video game industry are innovative gameplay (61%), securing value for players by keeping money in the game (55%), and rewarding players with real-world value (54%), according to the study.

While indie game developers moved to the blockchain and NFT space first, with around 20 of them working with Stratis blockchain, Trew believes that major developers, also known as AAA companies, won’t be far behind. Big names such as Ubisoft and EA have already announced their interest in the technology, and Epic Games has welcomed blockchain games to its platform.
59.5K views09:30
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2021-11-11 20:00:42 So, what is Random Edge?

NFT’s best Auction Community

Lately we have seen an explosion across the board in "lottery" projects where people mint overhyped, overcrowded NFT's or throw darts at Uniswap meme listings hoping to hit the jackpot.

With regards to NFT's, people often hold before reveal hoping to land a rare one so that they can sell it for higher. Time and time again we have seen people mint something like a Fidenza at cost only to turn and sell it for life changing money down the road. More times than not, however, after reveal, participants end up with a common or "floor" NFT and rush to sell into fading liquidity. Just look at Mekaverse as an example.

In regards to Uniswap listings, participants often throw darts trying to nail the next $SHIBA, but more often than not they end up rugged or at a loss. We want a quick fix and we (for the most part) like the rush of hitting it big.

That's where Random Edge comes in. We've taken all of the unsavory actors and variables out of the equation. No insiders. No scammers. No pump and dumps. Just straight on-chain verifiably random results. Users purchase a ticket/tickets, receive a NFT representing their purchase, and then wait For the games to begin. Once the cap on the specific pool has been reached, we will call a contract function that uses chainlink to randomly select a ticket number that has been issued. If the cap isn't reached, we will use a specific timestamp to begin the process. The owner of the winning NFT will automatically receive a portion of the prize pool (we will announce specifics soon for each pool) in the form of $ETH For our first pool, we will offer our community a free mint -- you just pay gas. The prize pool will consist of 25 $ETH issued directly from us. Future pools will have a mint cost, which will go directly to creating the prize pool. The higher the mint cost, the higher the payout.

Ultimately, our goal is to enable an even playing field where influencers, insiders, etc. have no advantage. Hence our name, Random Edge. By leveraging chainlink VRF, we are able to create an even playing field for all those that participate. Stay tuned for website info, etc.

Join the fastest growing NFT Auction Community :

Telegram: https://t.me/randomedgenftplatform
Discord: https://discord.gg/XQh4CaaKAj
Twitter: https://twitter.com/RandomEdgeNFT
Instagram : https://www.Instagram.com/randomedgenft

Don’t miss out on our amazing Giveaways before Launch

FREE ETH, NFTS & MORE
10.6K views17:00
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2021-11-11 16:00:36
Join the OMEGA ALPHA ETH Frat House: A collection of 10k Party Beavers total party animals ready to bash!

In NFT Game token $LOGS airdrop for all Party Beavers - 100k per beaver

$100,000 in party prizes post 100% mint for all Party Beavers

Daily chances to win a Party Beaver as we run up to the 11.17.21 8PM EST Minting on our Discord:

https://discord.gg/VGm56s4NEu
19.3K views13:00
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2021-11-11 13:01:07
AMA Announcement

Bitcoin Industry will host an AMA Session with Fiatum Bank in Bitcoin Industry + Fiatum Bank chat.

START 1 PM UTC 12.11.2021

Prepare your best questions and be ready to participate in time, see you soon.

Please make sure to follow Telegram group @Fiatum_Bank and Telegram channel @fiatum

Website - https://www.fiatum.com/
19.3K views10:01
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2021-11-10 20:30:00 $WHIVE PROTOCOL: NEW COINMARKETCAP LISTING - ADD TO WATCHLIST

TELEGRAM CHAT: https://t.me/whiveio [Learn to Mine ]

COINMARKETCAP: https://coinmarketcap.com/currencies/the-whive-protocol/

: $WHIVE INTRO:

[WATCH & SHARE!]

WEBSITE: https://www.whive.io

CIRC SUPPLY: ~18,000,000 - MAX SUPPLY: 100,000,000 [PoW]
23.1K views17:30
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2021-11-10 16:00:38
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19.1K views13:00
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2021-11-10 15:01:11Altcoins Eclipse Combined Bitcoin, Ethereum Transaction Volumes on Coinbase.

The crypto exchange giant Coinbase says that altcoin transaction volume keeps increasing its share on the platform at the expense of bitcoin (BTC) and ethereum (ETH).

The firm released details in its financial year quarter three (FY2021 Q3) report and letter to shareholders, where it remarked that total retail trading volume tumbled to USD 93bn, for a decrease of 36% on Q2 figures. Institutional trading volume, which makes for the lion’s share of its business activity, also fell by 24% to USD 234bn. However, compared to the third quarter of 2020, retail trading volume jumped by 417%, while institutional trading volume increased by 767%.

But non-BTC/ETH coins had a strong quarter – at the expense of the world’s two biggest-cap coins. While this time last year, almost a third of all the transactions made on the platform were in BTC, that figure has now shrunk to just 19%. And while ETH accounted for over a quarter of total volume in Q2 2021, in Q3, the figure was a more modest 22%.

Altcoins, meanwhile, have never before represented more than half of total trading volume in Coinbase reporting history – but in Q3 broke through to 59%, also making up for 57% of total transaction revenue on this exchange.

In its report, Coinbase explained:

“The continued expansion of cryptoassets supported for trading provides greater choice for our users. [...] Bitcoin and ethereum constitute a larger share of institutional trading volume compared to retail although we are starting to see institutions increasingly diversify into other cryptosssets as well.”

The firm made forecasts about its retail Monthly Transacting Users (MTUs), of which it says it currently has 7.4m, noting that it expected a rise in both retail MTUs and total trading volume “in Q4 as compared to Q3.” The current figure is down from 8m reported at the end of summer this year.
12.9K views12:01
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