In a chaotic market and social environment, it can be useful to think about Bitcoin from a first principles perspective.

Viewing things from a first principles perspective we can look at what’s possible and what’s impossible, based on core constraints such as the laws of physics or logic, and builds from there.

Elon Musk said it best when he stated: “I think it’s important to reason from first principles rather than by analogy. The normal way we conduct our lives is reasoning by analogy. We do this because it’s like something else that was done, or it is like what…

Philosophy aside, the currently commonplace model of centralized governance is highly flawed. The system has abundant loopholes that can be easily exploited for any number of malignant purposes ranging from base corruption to abuse of power.

The concept of centralization, best illustrated by democracy that relies on delegating one’s personal right to decide on critical issues to another is flawed at the core, considering that corruption and deceit for the purpose of gaining such delegated authority are often the underlying driving forces of election campaigns launched by candidates. …

In this week’s Glassnode on-chain Bitcoin analysis we will be looking at Bitcoins Realized HODL Ratio Indicator (HODLRI). The HODLRI has managed to successfully provide sell signals at every BTC top, and buy signals at every BTC bottom. The HODLRI is widely considered to be one of the top on-chain indicators. Firstly let’s run through how the indicator works.

In this week’s Glassnode on-chain Bitcoin analysis we will be looking at Bitcoins Realized HODL Ratio Indicator (HODLRI). The HODLRI has managed to successfully provide sell signals at every BTC top, and buy signals at every BTC bottom. The HODLRI is widely considered to be one of the top on-chain indicators. Firstly let’s run through how the indicator works.

Samoyedcoin is a project that aims to be a Solana Ambassador. Apart from helping with onboarding new people onto Solana, the goal is to build solutions that help existing projects building in the ecosystem. Samoyedcoin is nurturing the culture of open source and collaborations.

All of the released solutions like the Airdrop toolset and the Tipping app have been released for everyone to use, customise and have fun with. Samoyedcoin also demonstrates best practices when it comes to tokenomics. Multiple wallets were created for specific purposes to have fully transparent token movements. Excess funds, including team tokens, have been locked.

Long before Web 3.0 was a thing, or even before bitcoin was created, BitTorrent was pioneering decentralized computing architecture. The data and file-sharing operation was founded in 2001 by Bram Cohen, and since then it has grown into one of the most-popular decentralized applications. While there are many torrent file sharing applications available, BitTorrent is the world’s largest in terms of number of users, quality of service, and total size of all files stored.

In 2018, Tron bought BitTorrent for $140 million. A lucrative move which helped build considerable hype around the acquisition and Tron itself, further fuelling the blockchain…

In the modern trading environment, we can make a distinction between centralized and decentralized exchanges. The differentiation between the two types of exchanges is a totally new concept, pioneered by cryptocurrency trading.

But before we dig in to the difference between the two types of crypto exchanges, let’s take a quick tour around a traditional exchange so that we can truly appreciate the evolution of the way we trade assets.

How traditional exchanges work

In the traditional world of trading, think forex and stock markets, we are almost always talking about a centralised exchange: one company that has both buyers and sellers on board…

Ripple is a technology company using crypto and blockchain technologies to provide solutions to send money globally. XRP is a digital asset native to the XRP ledger created to streamline cross-border transactions and has for a long time ranked in the top 10 cryptocurrencies by market cap.

Despite recent troubles with the SEC, XRP has kept up with the bull run of the last few months and Ripple as a company continues to evolve its services and secure new partnerships, banking on its brand image as a reliable partner.

Ripple explained

Ripple’s blockchain-based global payments network RippleNet helps financial institutions conduct transactions…

What is the Puell Multiple?

The Puell Multiple indicator focuses on the supply dimension of Bitcoin. Rather it focuses on Bitcoin miners and their revenue. Miners need to sell their BTC in order to keep their businesses running. This is due to electricity, mining hardware, A-C repair costs etc.

However, there are times when miners look to sell and times to HODL their BTC. The PM indicator is based around the revenue generation from BTC miners. For example, in the green zones revenue generation for BTC miners is low. However in the red zones revenue generation is high.

How is the PM calculated?

The Puell Multiple (PM) works by dividing…

Once again, we find ourselves in confusing times and the media is not making it any better.

Over the past few weeks, we’ve seen Bitcoin miners in China shutting down their mining rigs. According to an article in the Global Times, 90% of all miners in China have shut shop, bringing the hashrate down to a six-month low. At the same time, El Salvador is in the process of adopting Bitcoin as legal tender.

It might be difficult to understand why China is banning banks from facilitating conversions between fiat and crypto, what the motive could be behind shutting down…

AAX

The world’s first crypto exchange powered by LSEG Technology.

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