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Crypto Data

@RealVision Exchange #crypto portfolio weights and my Bot portfolio

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Crypto News

Bank of America: Bitcoin is Important, The Crypto Industry is Too Large To Ignore

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“Bank of America released a report analyzing the current state and perspectives of the cryptocurrency industry, which is now “too large to ignore”.

Bank of America has published its report “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy, providing an in-depth analysis of the current state of the blockchain industry from cryptocurrencies to DeFi and NFTs.

The report says that the industries of cryptocurrencies and decentralized finance services have grown to the point of being “too large to ignore.”

BofA’s researchers note that nearly 221 million users have exchanged cryptocurrencies or used a DeFi service, with steady growth. Similarly, the increased participation of institutional investors is a clear indication that cryptocurrencies are much more than a passing phenomenon driven by retailers.

Bank of America is Bullish About The Crypto Space Beyond Bitcoin

Bank of America highlights that during the first half of 2021, the DeFi ecosystem received close to $17 billion in funding from institutional investors; this contrasts with the $5.5 recorded during 2020. Similarly, mergers and acquisitions in the crypto space rose from $940 million in 2020 to $4.2 billion in 2021.”

“In an official PR, Alkesh Shah maintained an agnostic stance, asserting that there is more to cryptocurrencies than Bitcoin.

“Bitcoin is important, but the digital asset ecosystem is so much more. Our research aims to explore the implications across industries including finance, technology, supply chains, social media and gaming.”

“The team also asserts that the way we interact with the world could change radically with the advent of blockchain technologies:

“In the near future, you may use blockchain technology to unlock your phone; buy a stock, house or fraction of a Ferrari; receive a dividend; borrow, loan or save money; or even pay for gas or pizza,”

Bank of America also highlighted that the growth of NFTs was a surprise for everyone. Researchers emphasized their fear that the large valuations of some NFT pieces, such as fractionalized artworks or the NFTs from the crypto game Loot, could be a bubble that affects many investors who do not know the risks they are exposed to.” Cryptopotato

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

Top-Tier Blockchain platform Comparison

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

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Crypto Data

Cryptocurrency comparison table

Crypto Comparison Table by IG.com

Cryptocurrency comparison table

“The table below shows how the cryptocurrencies IG offers compare. Further down we explain how these factors may influence the cryptocurrencies’ valuations, and why they matter to traders.” IG

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto News

OpenSea Sees $1 Billion in Trading Volume in August

“Trading volume exceeded $1 billion.

Major non-fungible token (NFT) peer-to-peer marketplace OpenSea, has recorded a massive milestone, as its trading volume hit the $1 billion mark in August.

OpenSea’s Trading Volume Achieves Billion-Dollar Milestone

Tweeting on Tuesday (August 17th, 2021), OpenSea co-founder and CEO Devin Finzer announced the platform’s record trading volume. Earlier in August, the platform’s transaction volume saw a massive $95 million in 48 hours, which exceeded the entire volume registered in 2020.

Photo by ArtHouse Studio on Pexels.com

According to data from DappRadar, OpenSea has processed over 385,500 ETH worth $1.2 billion in trading volume in the last 30 days. This figure signals an astronomical increase of 932.68%.

Indeed, the $1 billion mark recorded on OpenSea is an indication of the growing use and adoption of NFTs. Celebrities, artists, sports clubs, musicians, among others continue to tap into the nascent industry by launching their various digital arts.ADVERTISEMENT

As reported by CryptoPotato earlier in August, New York-based American entertainment giant Marvel Entertainment unveiled the first set of NFTs of one of its comic superheroes, Spiderman, which sold out in under 24 hours. The company later launched the Captain America digital collection series.

Back in July, New York Knicks, an American professional basketball team partnered with enterprise NFT solution Sweet to launch five limited editions of 3D NFT Knicks tickets. The sector has also penetrated the government landscape, as Isreal’s new President received a digitalized copy of the original oath signed by the President’s father.” Cryptopotato

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

Top 50 Crypto Performance over the last year

Top 50 Crypto Performance over the last year Blockchaincenter

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Crypto Data

Bitcoin’s Energy Use Compared To Other Major Industries

“Let’s have a look at some data on all of the above.

How Much Energy Is Bitcoin Consuming?

For context, at time of writing, the Cambridge Bitcoin Energy Consumption Index (CBECI) estimates Bitcoin’s annual energy use at 79 terawatt hours (TWh)

Figure 17 from that report (page 27), shown below as figure One, demonstrates the typical energy sources for miners around the world.

The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure one: energy sources by region (source: Cambridge Centre For Alternative Finance).

China is now out of the picture, and fresh data from the Bitcoin Mining Council (BMC) (figure two) shows that over two-thirds of the membership, representing almost one-third of the network hash rate, is being powered by low-emissions energy sources, and that global Bitcoin mining is now estimated to receive 56% of its energy needs from sustainable sources (solar, wind, hydro, nuclear, geothermal and other “renewables”).

The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure two: Bitcoin energy mix (source: Bitcoin Mining Council)

To that end, I offer a new global mining profile and carbon intensity figure of 280 grams of CO2 per kWh, using my original methodology presented in this previous article (see section one on energy mix) based on the below assumed generation mix, and 50th percentile IPCC carbon intensity figures (see page 190). The dramatic drop is a result of moving a large proportion of the network from coal to gas, cutting the carbon intensity of Bitcoin by a third.

The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure three: Carbon intensity and energy mix comparative data, CBECI and BMC scenarios

As can be seen, since the Chinese exodus, Bitcoin’s carbon intensity has dropped by a third, from 419 to 280, mainly as a result of shifting away from coal to the much cleaner natural gas. Comparing Bitcoin to global primary energy production shows that Bitcoin is less than half as carbon intense, and when compared to the world’s grid, is over 40% less carbon intense.

So! Now that we know Bitcoin’s carbon intensity is 280 g of CO2 per kWh (or 0.28 megatonnes [Mt] of CO2 per TWh), and that Bitcoin uses 79 TWh per year, we can quickly arrive at an emissions figure of 22.1 Mt CO2 per year.

Bitcoin’s Energy Use Compared To Building And Construction

  • Non-residential buildings: 9,330 TWh
  • Residential buildings: 26,481 TWh
  • Construction: 5,833 TWh
  • Sector total energy use: 40,830 TWh
    • Bitcoin: 79TWh, or 0.19% of the building and construction industry
  • Sector total emissions: 12,735 MtCO2
    • Bitcoin: 22.1 Mt CO2 or 0.18% of the building and construction industry
  • Sector carbon intensity: 330.6 g per kWh (about 20% more intense than Bitcoin)
The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure five: Bitcoin versus buildings — yearly energy use, in TWh

Bitcoin’s Energy Use Compared To The Transportation Industry

Using the above ratios, and a total sector energy use of 118 quad BTU in 2020, or 34,582 TWh, we have the following:

  • Light-duty passenger road vehicles: 15,424 TWh (44.6%)
  • Air transportation: 4,046 TWh (11.7%)
  • Bus: 1,321 TWh (3.8%)
  • Other transportation: 859 TWh (2.5%)
  • Road freight vehicles (heavy vehicles and other trucks): 8,059 TWh (23.3%)
  • Marine shipping: 4,063 TWh (11.7%)
  • Rail: 793 TWh (2.3%)
  • Total energy use: 34,582 TWh
    • Bitcoin: 79 TWh, or 0.23% of the transportation industry
  • Sector carbon intensity: 234 g CO2 per kWh (about 16% less intense than Bitcoin, 50% less intense than the world grid)
The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure eight: Bitcoin versus transportation — yearly energy use, in TWh

It’s not a nice thing to acknowledge, but if you’re charging your Tesla on the U.S. natural-gas-powered grid, or the slightly-greener world average grid, or basically anything other than your own solar roof panels, you’d be doing 50% less damage to the environment by driving an internal combustion vehicle. We just calculated the carbon intensity of fossil-fuel-driven transport to be 234 g CO2 per kWh based on emissions and energy data from the EIA and IEA (I swear to God, they do that with their acronyms on purpose!). Here, the U.S. Environmental Protection Agency (EPA) shows that most petroleum products (including jet fuel, gasoline and diesel) have a carbon intensity of around 65 kg CO2 per mmBTU to 75 kg CO2 per mmBTU, or, about 222 g CO2 per kWh to 256 g CO2 per kWh — which gives us strong validation of our calculated transportation industry figure of 234 g CO2 per kWh.

Revisiting Bitcoin’s Energy Use Compared To Finance, Gold And The Military-Industrial Complex

Gold

As per my previous piece, the breakdown for the gold mining industry, excluding additional refining of gold for industrial use, is as follows:

  • Total energy use: 265 TWh
    • Bitcoin: 79 TWh, or 29.8% of the gold mining and jewelry industries
  • Total Emissions: 145 MtCO2
    • Bitcoin: 22.1 Mt CO2, or 15.2% of the gold mining and jewelry industries
  • Sector carbon intensity: 547 g per kWh (about 95% more intense than Bitcoin)

Finance And Insurance

As per my previous piece, we found that the finance sector emitted 1,368 Mt CO2 per year, using the help of the University of California, Berkeley’s (UCB) CoolClimate Network (CCN) model. While it doesn’t explicitly provide a figure for energy use, it provides a great breakup of where the emissions come from. As shown in figure 10 below, 80% of emissions came from transportation, with 20% going to facilities and procurement. Using the same approach we did with healthcare earlier, we will assume a carbon intensity of 250g CO2 per kWh for travel, and 487g CO2 per kWh (i.e., “the world grid”) for procurement and facilities.

The resulting energy breakdowns are as follows:

  • Transportation: 4,377 TWh (88.6%)
  • Facilities: 309 TWh (6.3%)
  • Procurement: 253 TWh (5.1%)
  • Total energy use: 4,939 TWh
    • Bitcoin: 79 TWh, or 1.6% of the finance and insurance industries
  • Total emissions: 1,368 MtCO2
    • Bitcoin: 22.1 Mt CO2, or 1.6% of the financial and insurance industries
  • Sector carbon intensity: 277 g per kWh (about 1% less intense than Bitcoin)

Military-Industrial Complex

The industrial and manufacturing sectors are far more procurement- and-facilities driven than the financial sector, which is predominantly human- and travel-driven. Transportation accounts for 80% of the financial industry’s energy use. In the manufacturing industry, it is closer to only 25%. Therefore, we have the following:

  • Military fuel/transportation use: 275 Mt CO2, 1,100 TWh
  • Military facilities use: 150 Mt CO2, 308 TWh
  • Military industry fuel/transportation use: 525 Mt CO2, 2,100 TWh
  • Military industry facilities and procurement use: 1,550 Mt CO2, 3,183 TWh
  • Total energy use: 6,691 TWh
    • Bitcoin: 79 TWh, or 1.18% of the military-industrial complex
  • Total emissions: 2,500 MtCO2
    • Bitcoin: 22.1 Mt CO2, or 0.88% of the military-industrial complex
  • Sector carbon intensity: 374 g CO2 per kWh (about 33% more intense than Bitcoin)

Conclusions

As always, the numbers speak for themselves, and I’ll let the below figure tell the story:

The data shows Bitcoin’s energy use would represent just a rounding error in the construction, transportation or healthcare industries.

Figure 11: Bitcoin versus other industries — yearly energy use, in TWh

The main takeaway should be that Bitcoin is a rounding error in the global scheme of things, and from a carbon-intensity point of view, has significantly less emissions per kilowatt than finance, construction, healthcare, industry or the military, and will only improve further in time. My prediction still stands: Bitcoin’s carbon intensity will go from 280 g CO2 per kWh today, to around 100 g in 2026, and zero by 2031, and maybe, finally, we’ll be done with this debate.”

This is a guest post by Hass McCook. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine

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Crypto Data

TOP Altcoin Picks 2021 Q3: SOLID Potential!! 💯

TOP Altcoin Picks 2021 Q3: SOLID Potential!! 💯

~~~~~ ⛓Pick 1⛓ My first crypto pick for the rest of 2021 is Ethereum, and ETH is a big part of my personal cryptocurrency portfolio 👨‍💻Pick 2👨‍💻 My second crypto pick for the rest of 2021 is Cardano, and ADA is also part of my personal cryptocurrency portfolio ☀Pick 3☀ My third crypto pick for the rest of 2021 is Solana, and SOL is a more recent addition to my personal cryptocurrency portfolio 📐Pick 4📐 My fourth crypto pick for the rest of 2021 is Polygon, and MATIC is one of the few cryptocurrencies that I regret not buying sooner Better late than never though, and that’s why I will be adding MATIC to my personal cryptocurrency portfolio 💱Pick 5💱 My fifth and final crypto pick for the rest of 2021 is Terra, and though I’m not currently planning on picking up any LUNA, I am seriously considering it 🕵️‍♂️Previous Pick Update: Monero🕵️‍♂️ Back then, XMR was around 130 dollars, and it reached a high of around 480 dollars in mid-May this year. That’s roughly a 3.5x, which is good, but not great 👨‍🏫Previous Pick Update: Algorand👨‍🏫 Back then, ALGO was around 30 dollars, and it reached a high of around a dollar 70 in early February. That’s roughly a 5.5x, which is better, but still far behind what other cryptos gained during that time 📺Previous Pick Update: Theta📺 Back then, Theta was around 70 cents, and hit an all time of over 14 dollars in mid-April this year. That’s a clean 20x move 📊Previous Pick Update: Injective Protocol📊 Back then, INJ was around 2 dollars, and it hit an all time high of over 24 dollars in mid-April this year. That’s a solid 12x move 🧱Previous Pick Update: BarnBridge🧱 BarnBridge is backed by DeFi giants like Aave and Synthetix, and it’s suite of DeFi services have seen hundred of millions of dollars in total value locked since its launch. ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Coin Bureau

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Crypto News

Makersplace.com : $30M Series A to Enable a Vibrant Future for Digital Creativity

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“We started MakersPlace in 2018 with the belief that there had to be a better way to empower digital creativity. For years, we saw first hand all the issues that plagued digital creators with their works being stolen, misappropriated and undervalued. Fast forward 3 years, and we’re ecstatic to see what we believe to be the biggest shift in the digital creator economy with the advent of blockchain and NFT technology. We couldn’t be more excited about the future ahead, and the role MakersPlace is playing.

2021 has been an incredible year for our community. The number of collectors using our platform grew over 10x, while we facilitated over $100M in transactions. We’ve also continued to empower thousands of the world’s most talented digital artists, offering the most trusted platform to protect and sell their digital art. Most notably, we helped catapult digital art and NFTs onto the global stage, with our historic partnership with Beeple and Christie’s, facilitating the $69.3M sale of Beeple’s EVERYDAYS: THE FIRST 5000 DAYS— the largest ever sale of a digital artwork. With this we saw a seismic shift in the appreciation for digital art and most importantly its impact to the overall creator community. “

“Today, we’re excited to announce that MakersPlace has raised $30M to further our mission of enabling a vibrant future for digital creativity. This funding was led by Bessemer Venture Partners and Pantera Captial, with participation from Uncork CapitalDraper Dragon Digital Assets9Yards CapitalCoinbase Ventures and Sony Music Entertainment. The funding also includes the following strategic investors: Acquavella Galleries, Sabrina Hahn and Bill Ruprechtin the arts; EminemPaul Rosenberg3LAU in music, Larry Fitzgerald and Shari Glazer in sports; Eric BakerJulia and Kevin HartzVinny Lingham and Tobias Lütke in tech, and many more. Every investor brings forward a strong conviction for our mission as well as their expertise and perspective across technology, blockchain, art and media.” Makerplace.com

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Blockchain Gaming Crypto News

Memenopoly Integrates Chainlink VRF to Secure Dice Rolls and Randomized NFT Packs

Memenopoly

“We’re excited to announce that Memenopoly — The meme themed yield generating blockchain game — has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to provide fair and transparent game play, as well as randomizing our NFT distribution. Ultimately this creates a more exciting, transparent, and fraud-proof gaming experience for our users and builds trust within the community.

Memenopoly is an evolution in gamified yield generation that combines the best of traditional yield farming, NFT yield farming and unique 3D gameplay to reward players with both instant and passive rewards. With NFTs at the core, players collect and stake properties to earn daily yields and collect rent from other players by rolling at least once a day. With token burns built into the game on a contract level and leveraging the power of Chainlink VRF, we set out to achieve our goal of releasing a transparent, fair and fun experience that pushes the limits of what’s been done so far on the blockchain!”

“In order to ensure each roll is fair and each NFT chosen is truly random, we need access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions using on-chain data like block hashes can be exploited by blockchain miners, while off-chain RNG solutions like traditional data providers are opaque and don’t provide users with definitive proof about the integrity of the process.

After reviewing various solutions, we selected Chainlink VRF because it’s based on cutting-edge academic research, supported by Chainlink’s time-tested oracle infrastructure, and secured through the generation and on-chain verification of cryptographic proofs that guarantee the integrity of each random number supplied to smart contracts.

Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The Memenopoly smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides our users with automated and verifiable assurances directly on-chain that Memenopoly is provably fair and cannot be tampered with by the oracle, outside entities, or the Memenopoly team.” Memenopoly

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Documentary

Bitcoin: The End of Money As We Know It | Cryptocurrencies | ENDEVR Documentary

Bitcoin: The End of Money As We Know It | Cryptocurrencies | ENDEVR Documentary ENDEVR

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Crypto News

Newegg Adds Litecoin As Payment Option Via BitPay

July 29, 2021 – Los Angeles, CA – Newegg Commerce, Inc. (NASDAQ: NEGG), one of the leading tech-focused e-retailers in North America, announces that it is expected to become the first major online shopping destination to accept Litecoin as payment on the BitPay platform starting this week. Customers shopping on Newegg.com will have the option of paying with Litecoin using the BitPay Wallet app. “Newegg has always been quick to offer its customers innovative new ways to pay, and we’re pleased to be the company’s partner in making that happen,” said Stephen Pair, CEO at BitPay. “As the enthusiasm and excitement around cryptocurrency continue to grow, Newegg demonstrates once again that it’s committed to making it easy for customers to shop their way with a growing array of payment options that cater to crypto fans.”

Litecoin Fundation

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Crypto News

UFC AND CRYPTO.COM ANNOUNCE HISTORIC PARTNERSHIP

ufc.com

Crypto.com Becomes First-Ever Global Official Fight Kit Partner of UFC

Crypto.com also Named First-Ever Official Cryptocurrency Platform Partner of UFC

HONG KONG & LAS VEGAS—July 7, 2021—UFC, the world’s premier mixed martial arts organization, and Crypto.com, the world’s fastest growing crypto platform, today announced a  historic long-term partnership that represents an evolutionary step in the branding of both companies and Crypto.com’s latest strategic move to connect with mainstream consumers.” ufc.com

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Interviews youtube

Bitcoin and Stocks vs the End the Fed? Robert Kiyosaki, Kim Kiyosaki and Robert Barnes

End the Fed? Robert Kiyosaki, Kim Kiyosaki and Robert Barnes] by The Rich Dad Channel

A very nice interview of youtuber Richdad Channel about the current situation of the cryptocurrencies and stocks markets.