Crypto Morning News - May 18th, 2021

in #morningnews3 years ago (edited)

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Today's panic and greed index is 21, and the level has changed to extreme panic again

Today's panic and greed index is 21 (yesterday's 27), the degree of panic has increased, and the level has changed to extreme panic.

Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin in the entire market Proportion (10%) + Google Hot Word Analysis (10%).

Prime Experiences, a luxury yacht company, accepts Bitcoin and will provide network and mobile services based on blockchain technology

According to Cointelegraph, the luxury yacht company Prime Experiences announced that it will start accepting cryptocurrencies and expects Bitcoin payments to increase by 40% in the first year. In addition to accepting Bitcoin payments, the company also announced that it will provide network and mobile services based on blockchain technology, and said that blockchain technology provides transaction security higher than any other system.

Harvard Business Review: Bitcoin mining energy consumption is carbon-neutral, and part of the energy will be wasted if not involved in mining

According to the Harvard Business Review report, with the upcoming rainy season in Southwest China in 2021, Bitcoin mining will enter a wet period. In December 2019, 73% of Bitcoin's energy consumption was carbon neutral, and in September 2020, this One figure is 39%. This is mainly due to the abundance of hydroelectric power in major mining centers such as Southwest China and Scandinavia in Northern Europe.

It is reported that in the rainy season in Sichuan and Yunnan, a large amount of recycled water energy is wasted every year. In these areas, production capacity greatly exceeds local demand, and battery technology is far from advanced, so it is worth storing and transporting energy from these rural areas to urban centers that need energy. These regions are most likely to be the largest stranded energy resources on the planet. These provinces are China’s mining centers, accounting for nearly 10% of global bitcoin mining during the dry season, and 50% of bitcoin mining during the rainy season are effectively using these stranded Energy resources.
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Nearly 150,000 ETH moved out of unknown wallets, valued at approximately $521 million

According to Whale Alert data, at 15:22:37 on May 18th, 149,990 ETH (approximately $521 million) was transferred from an unknown wallet to an unknown wallet, and the transaction hash was b75e0ebc8da223ac8f98a2ddae7bbe1d634ebf72d452e95b8f6a0c6890a00408.

SushiSwap launches IDO distribution platform MISO

SushiSwap officially announced the launch of MISO, an IDO distribution platform. Prior to the news, SushiSwap announced that it will release the IDO issuance platform MISO on May 17. Currently, MISO offers three types of tokens, which can be selected according to needs. Once the token is issued or successfully listed on MISO, it can be distributed in other modules as required.

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Polkadot smart contract platform Clover Finance will launch Kusama Parachain Sakura

Polkadot smart contract platform Clover Finance (CLV) will launch the Kusama parachain Sakura. Clover Finance stated that Sakura is a Substrate-based candidate parachain built specifically for the cross-chain DeFi ecosystem on Kusama. It will exist as a sister network of Clover Finance and will eventually become a storage layer and smart contract built on Kusama. Parachain operating system at the layer, DeFi protocol layer and DApp layer. Sakura's subsequent plans are crowd loans, parachain auctions, Sakura distribution, and SKU unlocking. After the launch, 28% of the SKU will be unlocked for crowdfunding participants to use the Sakura platform immediately, and the remaining 72% of the supply will be unlocked linearly in 12 months. Regarding the Sakura token SKU token economic model, 10% will be allocated to the team, 10% will be allocated to early supporters, 12% will be allocated to the foundation, 35% will be allocated to ecological incentives and future parachains, and 20% will be allocated to the first year Parachain community participants.
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Uniswap V3 liquidity mining smart contract will be released soon

Uniswap founder Hayden Adams tweeted that Uniswap V3 liquidity mining smart contract will be released soon. The smart contract is funded by UNI Grant and created by the community.

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AAVE breaks through $650, a record high

AAVE broke through $650, and the current price is $646.29, which is a record high, with an increase of 29.24% in 24H.

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CryptoPunk 1190 sold for 400 ETH

According to official website data, CryptoPunk 1190 has been sold by 0xcf74e4 for 400 ETH (approximately $1.378 million) and the buyer is 0x43fb99.

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Grayscale increases its holdings of 3594 LTCs and 14,300 LINKs

According to OKLink data, Grayscale Investment has issued 13 single-asset trust funds with a total value of $41.665 billion on May 17th, a decrease of 12.22% from the previous day. In the same period, Grayscale increased its holdings of 3,594.38 LTC and 14,300 LINK, while the remaining currencies did not increase its holdings, the current negative premium rates of GBTC and ETHE are -15.10% and -4.52%, respectively.

Webster rating: Polygon may be what DeFi users are looking forward to

Webster Ratings tweeted yesterday that We are starting to see growing community support of Polygon, probably due to the cheap fees and the growing liquidity of its #DeFi ecosystem. #PolygonNetwork might be what many DeFi users were waiting for, and we could still be in the early stages of the next BIG thing in crypto.

Webster Ratings stated in a tweet sent on May 13 that users expect Uniswap to expand its business to the Polygon network, and its gas fee is only one thousandth of a cent.

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Grayscale CEO: someone stop me from buying more coin

Grayscale CEO Michael Sonnenshein tweeted: "someone stop me from buying more coin."

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Billionaire Chris Sacca claims to hold cryptocurrencies such as Bitcoin and Ethereum

Billionaire Chris Sacca said he owns many cryptocurrencies, including Bitcoin and Ethereum, and believes that its environmental costs will promote the development of clean energy solutions. It is reported that Chris Sacca is the founder of Lowercase Capital, an early investor in Bitcoin, and an early investor in Uber, Twitter and Instagram.



MARKET DATA - TOP 10 [ from CoinMarketCap ]

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