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Golden Morning Post | The total circulation of Ethereum’s stablecoins exceeded 50 billion US dollars and hit a record high




▌Ethereum Stablecoin Total Issuance Exceeds $50 Billion, Hitting a Record High

On April 20th, according to DeBank data, the total circulation of Ethereum stablecoins has exceeded 50 billion US dollars and hit a record high, reaching 50.32 billion US dollars at the time of writing. The Ethereum stablecoin is a legal currency used in the Ethereum blockchain network. It is usually riveted with the price of the legal currency, audited by a third party, and has real US dollars as a reserve or a complex algorithm to guarantee its price. Calculated by circulation, the top three Ethereum stablecoins are: 1. USDT ($24,416,047,048) 2. USDC ($12,813,557,094) 3. BUSD ($6,636,882,979).


As of press time, according to Huobi global data:

BTC's recent transaction price was US$56,366, with an intraday increase and decrease of +1.87%;

The latest transaction price of ETH is 2326 US dollars, with an intraday increase and decrease of +6.37%;

The latest transaction price of BCH is 944.53 US dollars, with an intraday increase and decrease of +0.17%;

Golden Morning News | Overview of important overnight news on December 14: 21:00-7:00 Keywords: Europe, options, Fan Yifei, Filecoin

1. European Central Bank Governing Council: If the digital euro is introduced, a "new business model" may emerge;

2. The trading volume of Ethereum options in November reached a record high of 1.76 billion US dollars

3. Reuters: The U.S. Treasury Department was hacked by a foreign government-backed attack;

4. Fan Yifei: Improving the level of financial technology and accelerating digital development;

5. Opinion: British investors are investing in BTC due to Brexit panic and weak pound;

6. Eight scammers involved in the OneCoin case were arrested by the Argentine police;

7. Analyst PlanB: Bitcoin may rise to $300,000 by the end of 2021;

8. Binance stopped the withdrawal of Filecoin for more than 24 hours without making an announcement. The reason is unknown. [2020/12/14 15:06:22]

BSV’s recent transaction price was $303, with an intraday increase and decrease of +1.18%;

The most recent transaction price of EOS is $6.7, with an intraday increase and decrease of +1.74%;

The latest transaction price of LTC is 261 US dollars, with an intraday increase and decrease of +3.00%;

Golden Noon News | June 26 at noon list of important developments: 7:00-12:00 Keywords: Huawei, Bitcoin options, CSW, Compound

1. The cumulative number of confirmed cases of new coronary pneumonia in the United States exceeds 2.5 million.

2. Huawei released a blockchain insurance fraud prevention solution.

3. $1 billion in bitcoin options trades expired today.

4. Compound governance proposal 010 has been passed and can be implemented in two days.

5. In order to prompt the judge to dismiss Kleiman's accusation, CSW claimed to have "autism".

6. The SEC reached a settlement with Telegram, which will pay $18.5 million in civil fines.

7. CySEC blacklists five companies that are not authorized to partially provide cryptocurrency-related services. [2020/6/26]

DOT's recent transaction price was US$35.44, with an intraday increase and decrease of +3.52%.


▌UK sets up task force to study "digital pound"

On April 20th, according to foreign media reports, on Monday local time, British Chancellor of the Exchequer Sunak officially announced the establishment of a special task force with the Bank of England to collaborate on the study of British digital currency, aiming to deal with the challenges posed by cryptocurrencies such as Bitcoin. .

Analysis | Golden disk: EOS adjustment is not over yet Short-term stay on the sidelines: Comprehensive analysis of the golden disk: EOS has gone out of a 5-wave rising pattern in the 6-hour K-line chart. At present, there is a high probability that it is in the 4-wave adjustment, and MACD shows a downward trend. In the short term, investors are advised to pay attention to controlling risks. [2018/9/5]

▌South Korea plans to restrict the flow of funds overseas by regulating encryption-related international remittances

The South Korean government is negotiating plans to regulate overseas remittances and banks linked to crypto exchanges, amid concerns that money is flowing out of the country in the form of buying crypto assets. Some South Korean investors appear to be trying to take advantage of the “kimchi premium” to move fiat overseas, buying cryptocurrencies from off-market sellers in China and elsewhere, local media reported. These traders then sell the tokens on the domestic market. Media reports said that the Financial Supervisory Authority is currently "studying plans to develop guidelines" and is in "consultations" with various government ministries, including the Ministry of Economy and Finance. The regulator also "convened the heads of foreign exchange departments of commercial banks" in an effort to reach consensus on guidelines. According to the guidelines, banks are likely to work with regulators as they have done on anti-money laundering (AML) issues. Banks will be told to flag or suspend overseas money transfer requests they deem suspicious. These situations may include sudden requests to send large sums of money overseas by customers with no history of overseas remittances, or remittances to non-Koreans overseas for unknown reasons. Yet many banks have said they are "confused" about their responsibilities in relation to cryptocurrencies. Commercial banks say they are concerned this means they will ultimately be held liable in cases of breaches of anti-money laundering rules.

Quotes | Golden Disk: STORJ Bottom Sideways Volume: Gold Disk analysts said: Old Demon Coin STORJ bottom sideways volume, a little green among thousands of flowers in the Huobi USDT area, may come out of an independent market in the near future. [2018/8/3]


▌Jingdezhen Customs applies "Blockchain + Authentication and Traceability" to the customs supervision practice of art exhibitions

The exhibition "Pop Images - Andy Warhol's 1961-1987" kicked off at Taoxichuan Art Museum in Jingdezhen. For the first time, Jingdezhen Customs applied the "blockchain + authentication and traceability" technology to the customs supervision practice of art exhibitions. By collecting the unique characteristics of artworks, namely "fingerprint information", uploading the blockchain storage, sharing and verification traceability in real time, ensuring The uniqueness of artworks in the domestic circulation process solves the problem that it is difficult for customs officials to distinguish the authenticity when inspecting artworks, and realizes the "smart" supervision of the entire process of artworks entry, display, and exit.


▌U.S. IRS: Investors will have taxable events when they gain control over forked coins

In a memo issued on April 9, 2021, the Internal Revenue Service (IRS) further clarified the issue of when cryptocurrency hard forks should be taxed. The memo specifically discusses the BTC and BCH hard fork that occurred in August 2017. According to the hard fork, those who hold BTC get the same amount of BCH. Although the hard fork occurred on August 1, 2017, not every BTC holder could use BCH at that time. For example, people using Coinbase had to wait until January 1, 2018 to spend their BCH. Users of other centralized exchanges also have to wait days or weeks to withdraw their newly received BCH. The memo explains that taxable events arise when investors gain dominion and control over assets received after the hard fork (the ability to transfer funds), not based on when the hard fork actually occurred. In previous news in October 2020, the US Internal Revenue Service stated that taxpayers must disclose cryptocurrencies obtained through airdrops or hard forks.

Jinse Finance Live Report EOS Alliance Wu Lang: Blockchain cannot have the advantages of high efficiency, security, and multi-centralization at the same time: Today, at the Huobi x 3 o’clock Supernode party held in Macau, EOS Alliance Wu Lang said: At present, we Positioning EOS as blockchain 3.0, the Ethereum network is very congested and has no scalability, and EOS is a more practical blockchain. The blockchain cannot have the advantages of high efficiency, security, and multi-centralization at the same time. If we blindly pursue high performance and security, it will affect the problem of multi-centralization. Through the DPOS mechanism, a balance point can be found among the three. EOS is a multi-centralized blockchain project. In order to realize real commercial applications based on the blockchain, it must meet the high-performance million-level computing requirements, otherwise It is impossible to generate a WeChat or Alipay on the blockchain, and the blockchain technology will always be a technology and cannot be derived. [2018/4/24]

▌The NFT game "Infinite Fleet" received an investment of 7.2 million US dollars

The Bitcoin-based NFT game Infinite Fleet has attracted more than $7.2 million in total investment to date. Earlier news in January, Infinite Fleet publisher launched STO, aiming to raise $8 million for blockchain online games.

▌Uniswap's weekly trading volume reached a record high of US$10 billion

Jinse Finance reported that the decentralized exchange Uniswap set a new weekly transaction volume record on Tuesday, with a cumulative transaction volume of more than 10 billion US dollars.

▌Three Ethereum ETFs have started trading on the Toronto Stock Exchange

Three ethereum ETFs have started trading on the Toronto Stock Exchange on Tuesday. They are the Ethereum ETF (ETHH) of asset management company Purpose Investments, the Ethereum ETF (ETHR) of Evolve, and the Ethereum ETF (ETHX) of CI Global. The three companies received approval from the Ontario Securities Commission last week.

▌Robinhood reduces the minimum order size of Dogecoin to 1

US stock brokerage Robinhood lowered the minimum order size for Dogecoin from 10 to 1.

▌Electronic music online store Beatport will accept Bitcoin payment and release NFT

Beatport, the world's largest electronic music online store, has partnered with cryptocurrency platform to begin accepting bitcoin payments in June this year. In addition, Beatport will also release its first A/V collection series NFT "Music for Future Dance Floors (Music for Future Dance Floors)" on April 23, which will include exclusive unreleased tracks from DJ/producers Sasha, CharlotteDeWitte, BoyzNoize, Pan-Pot, Fanciulli and Alec Monopoly's new collaboration track "Sold As Seen", along with tracks by Sama' Abdulhadi, will be on display alongside Leif Podhajsky's visual art.

▌Data: The locked-up volume (TVL) of Ethereum in the DeFi market exceeds 11 million US dollars

According to defipulse data, the Ethereum locked-up volume (TVL) in the DeFi market exceeds 11 million US dollars.

▌WeWork will accept Bitcoin, Ethereum and other payment methods

Shared office giant WeWork has announced partnerships with BitPay and Coinbase. Through BitPay, WeWork will accept Bitcoin (BTC), Ethereum (ETH), USDCoin (USDC), Paxos (PAX) and other cryptocurrencies as payment methods. WeWork will also keep the currency on its balance sheet. The company will pay landlords and third-party partners in cryptocurrency through Coinbase.

▌Deutsche Telekom invests in blockchain payment platform Celo

Deutsche Telekom said on Tuesday that it has invested in blockchain payment platform Celo, without disclosing the size of the investment. The Celo platform allows mobile phones to access decentralized financial projects, and users can bypass traditional financial companies. In addition, Deutsche Telekom purchased a certain amount of Celo digital tokens to be used on the platform. Deutsche Telekom said that given the size of the investment, any fluctuations in the value of its Celo token holdings would not have a noticeable impact on its performance.

Analysis of important economic dynamics

▌The three major U.S. stock indexes closed down

The Dow Jones Index closed down 257.12 points, or 0.75%, at 33820.51 points on April 20 (Tuesday); the S&P 500 index closed down 29.78 points, or 0.72%, at 4133.50 points on April 20 (Tuesday); Nasdaq On April 20 (Tuesday), the composite index closed down 128.50 points, or 0.92%, to 13786.27 points.

Golden Encyclopedia

Golden Encyclopedia | What is Ethereum Virtual Machine EVM

Ethereum Virtual Machine (EVM), EVM can execute code of arbitrary algorithmic complexity. In computer science terms, Ethereum is Turing complete. Developers can use a programming language (Solidity) that is syntactically similar to JavaScript and Python to create applications that run on the EVM.


How to participate in the PIPPI mining tutorial through SHIB assets on the HECO chain

Hoo, TokenPocket, and Pippi Finance reached a tripartite cooperation to launch SHIB-USDT liquidity mining-Pippi Finance opened the SHIB/USDT mining pool-TokenPocket.

Web 3.0: The coming sharing economy?

Paul Brody, blockchain leader at EY, said DeFi elegantly demonstrates how open protocols can be used to build “shared” businesses.In the past.

Golden Morning Post | US Senate Confirms Gary Gensler as SEC Chairman

Headline ▌U.S. Senate Confirms Gary Gensler as SEC ChairmanJinse Finance reported that the U.S. Senate confirmed Gary Gensler as chairman of the U.S. Securities and Exchange Commission (SEC). Gensler.

Golden Morning Post | The total circulation of Ethereum’s stablecoins exceeded 50 billion US dollars and hit a record high

Headline ▌Ethereum Stablecoin Total Issuance Exceeds $50 Billion, Hitting a Record HighOn April 20th, according to DeBank data.

First Release | "Ouyi Teach You to Learn the K-line" Section 10: What do you think of the target position of the double bottom pattern?

Jinse Finance and Ouyi OKEx launched K-line basic videos to users. Users will learn K-line related knowledge through videos.

The Oasis privacy computing track project has a chance to fluff

In 2021, the privacy track will enter the golden stage of development. Oasis Network is the world's first privacy-preserving and scalable blockchain platform for open finance and a responsible data economy. 1. Introdu.

Find New | Polkadex: A Decentralized Trading Platform on Polkadot

"Find New" is a blockchain project observation project launched by Jinse Finance. It covers the development of projects in various fields of the industry, and the specific design includes project overview.