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“The only institutions that are fully on-chain that could generate organic demand for these derivatives products are DAOs, which have a need to deploy tokens strategically to maximize their longevity,” Chitra said in an interview. “DAOs have this capital, so it’s about starting a flywheel where they send allocations to
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Spun out of the private, ad-free search engine Neeva, nxyz aims to create fast, reliable and scalable blockchain indexing and data infrastructure, taking real-time data directly from the chains and their associated applications. The platform will provide developers with an application programming interface (API) suite to utilize that collected data. Source
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Bitcoin bulls continue to feel the pinch as the currency has dropped 8.17 percent in value over the past seven days. BTC
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“It’s important to note that data on the blockchain is unchangeable, and therefore it doesn’t lie,” the post said. “However, this data doesn’t always mean the same for each dapp. Furthermore, blockchain data doesn’t always paint the entire picture.” Original Source
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One Michigan-based driver sold his car for $7,000 more than what he would have at his local dealer just by using data gathered by DIMO, an open-source, decentralized project that aims to connect drivers and their data with developers and manufacturers. As DIMO sees it, car data can provide valuable
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A snap unemployment report sparks an instant risk asset sell-off,
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The Ethereum whale investors have maintained an influence on ETH price. This is because they use their holdings to create their desired
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On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the
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"Bitcoin has returned exactly 0.0%, on average, on NFP days in 2022. So, traders might conclude that NFP days are non-events," Markus Thielen, head of research and strategy at crypto services provider Matrixport, said. "However, traders should be careful as the picture changes one week later." Source
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