Crypto World Analysis

2021-08-15 21:41:00 EIP-1559 has increased deflation in Ethereum, but it is still an overall inflationary asset. To get a gauge of how burning base fees impact Ether’s circulating supply, the report compares last year’s data to create a hypothetical scenario where the London hard fork was activated in 2020. The calculation implies the present burn rate of 3.81 Ether per minute, which assumes that everything remains constant.

This resulted in a burned supply of 3 million Ether, approximately 17% of the total inflation per year. This is a significant reduction in inflation, which is projected to increase the scarcity of Ether in the long term.

At the current market price, this equates to approximately $10 billion worth of Ether burned since January 2020. Given the current $378-billion market cap of Ether, this is a sizable 3% of Ether’s supply value removed from circulation.

@DeFi_Updates Open / Comment

2021-08-14 17:55:12 ​​Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report

U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure.

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2021-08-13 16:58:07 Crypto World Analysis pinned a photo Open / Comment

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2021-08-12 17:56:31 ​​S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bull Is Not Over and $64K Was Not the Top’

Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.”

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2021-08-11 11:46:59 ​​Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Outlaw Cryptocurrency

The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies.

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2021-08-10 08:39:19 ​​Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests.

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2021-08-09 16:15:32 Crypto World Analysis pinned a video Open / Comment

2021-08-09 15:04:21 Decentralized Businesses is turning into Reality

$GMCoin built on Tron Blockchain finally launched today. Supported by a decade old Turkey based ISO/IEC 27001 Accredited company GM Informatic JSC.

Mehmet Ali Demirci - Founder of GMC says "$GMCoin will tokenize almost all parts of the actual trade companies", "With the creation of $GMCoin - companies will be able to implement blockchain processes into their businesses. Moreover, multiple investing platforms will be served by us that investors will be able to invest in kickstarter projects, buy real world stocks and commodities, buy tokenized real world real estates and get rent from it!" he added.

GMCoin Tokenomics

Symbol: GMCoin
Total Supply: 80,000,000 GMCoin
Network:Tron (TRC10)
Development Team Token: 8,000,000 GMCoin
Marketing Activities: 6.000.000 GMCoin
Internal Sales Distribution: 4,000,000 GMCoin
Treasury: 8,000,000 GMCoin
Sales: 54,000,000 GMCoin

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2021-08-07 16:02:12 ​BTC Accumulation Continues & Signs Point to Bullish Sentiment

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