ফোরামের অনেক সদস্য আছে যারা শুধুমাত্র নিজের রেংক আপ করার জন্য ফোরামের রুলস অমান্য করে পোস্ট করে থাকে। যাতে করে আমি মনে করি আমাদের ফোরামের ভারসাম্য নষ্ট হয়ে থাকে। তাই আপনি যেভাবে পোস্ট করতে বলেছেন সেভাবে যদি প্রশ্ন করা হয় তাহলে আমি মনে করি আমাদের এই ফোরাম অনেক দূর এগিয়ে যাবে। তাই সকল ইউজারদের প্রতি আমার একটাই অনুরোধ দয়া করে আপনারা ফোরামের রুলস মেনে পোস্ট করার চেষ্টা করবেন।

DOT Price   $35.38
Market Cap   $36,233,202,711
Market Cap Dominance   1.53%
Trading Volume   $1,824,188,313
Volume / Market Cap   0.0512
24h Low / 24h High   $32.30 / $35.78
7d Low / 7d High   $29.48 / $37.29
Market Cap Rank   #8
All-Time High   $49.35 -30.5%
May 15, 2021 (5 months)
All-Time Low   $2.70 1171.0%
Aug 20, 2020 (about 1 year)source

Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years.

Coinbase received 755 complaints from 2017 through April 2021, according to the Massachusetts Student Public Interest Research Group (MASSPIRG), the consumer research and consumer advocacy group that reviewed complaints filed with the Consumer Financial Protection Bureau (CFPB). The CFPB first began receiving complaints about digital wallets in 2017.
Complaints against Coinbase and other cryptocurrency exchanges have been rising steadily. Coinbase received the most complaints among the top crypto exchanges in the U.S., with 1,060 overall over a year-long period starting in May 2020, including those about its digital wallet and domestic and international money transfers. The rise in complaints has dovetailed with Coinbase’s rapid growth. The company now has over 68 million verified users.
Coinbase did not respond to a request for comment as of press time.
The U.S. House of Representatives Committee on Financial Services cited the MASSPIRG report in a memorandum for an Oct. 14 hearing on the impact of the cashless economy on underserved communities.
The MASSPIRG report found that the three most common complaints against firms with digital wallets concerned opening, closing or otherwise managing accounts; frauds and scams; and executing transactions, including unauthorized transactions.
Payment service providers PayPal and Square had the most complaints, receiving 4,431 and 1,202 complaints, respectively. PNC Bank and JPMorgan Chase came in fourth and fifth place with 594 and 324 complaints, respectively.source

The price of Ether (ETH) is lagging Bitcoin's (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve the high gas fees issue.

Pro traders are unfazed by the recent price stagnation
To determine whether professional traders are leaning bearish, one should start by analyzing the futures premium — also known as the basis rate. This indicator measures the price gap between futures contract prices and the regular spot market.

Ether's quarterly futures are the preferred instruments of whales and arbitrage desks. These derivatives might seem complicated for retail traders due to their settlement date and price difference from spot markets, but their most significant advantage is the lack of a fluctuating funding rate.


Ether three-month futures basis rate. Source: Laevitas.ch
The three-month futures typically trade with a 5% to 15% annualized premium that follows the stablecoin lending rate. By postponing settlement, sellers demand a higher price, and this causes the price difference.

As depicted above, Ether's failure to break the $3,600 resistance has not caused a shift in pro traders' sentiment because the basis rate remains at a healthy 13%. This shows that there is no excessive optimism at the moment.more

Global digital exchange, Gate.io, recently launched their new range of OpenPunks NFTs, a community-driven NFT collection aimed at inspiring users and creators alike. The company has officially started releasing the first 5,000 OpenPunks NFTs on the dedicated NFT Magic Box marketplace.

“We are always excited to bring new products to market. The first 150 OpenPunks mystery boxes sold out within 2 minutes, indicating users’ increasing appetite for NFTs. Users will be able to pick the OpenPunks they like most based on attributes such as type, role, skin tone and hair colour and purchase the ones with the combination they like best,”
said Marie Tatibouet, Chief Marketing Officer at Gate.io.

The first 5,000 OpenPunks NFTs will be released in batches between October 11th and October 20th in the form of Mystery Boxes and live Auctions. Different batches of OpenPunks NFTs will unlock daily at 01:00 am (UTC) and 06:00 am (UTC) respectively on Gate.io’s dedicated NFT Magic Box marketplace.

Inspired by the likes of Loot, OpenPunks are an entirely attribute-based series of NFTs where users can provide their own design based on the attributes that their OpenPunks feature. Attributes include type, role, skin tone and hair colour and come with a dedicated rarity badge that allows users to establish how rare each NFT is.

Despite being introduced in 2015, it wasn’t until 2021 that NFTs started going mainstream. According to data from market tracker DappRadar, the global NFT market saw over $10.7 billion in sales during Q3 2021, a staggering 704% increase over the preceding quarter. This surge has been driven as interest in NFTs has reached an all-time high.

Popular blockchain gaming platform, Axie Infinity, broke records with over $2 billion in NFT trades being performed by users. Similarly, one of the leading NFT collections, CryptoPunks, has seen over $1.6 billion in sales, while others such as Bored Apes, Pudgy Penguins, CovidPunks and more continue to grow.

OpenPunks were created in order to inspire both users and creators alike, while promoting growth in the global NFT ecosystem. Users are invited to let their creativity run wild while purchasing, creating and trading different OpenPunks on the platform.source

Name” of campaign:
BTT username: AlviNess
Link to BTT: https://www.altcoinstalks.com/index.php?action=profile;u=78475
Telegram username: @AlviNess
Bitgame Account ID (the one with numbers): 275137221

Activity in the crypto market and DeFi has taken a hit as prices either dump or trade sideways. When it comes to the Ethereum network, gas prices have fallen to early DeFi summer levels, a mere 10 gwie which skyrocketed to 2,000 gwei for a brief period in May. Amidst this, the total stablecoin supply has reached nearly $108 billion, adding more than $47 billion in just the last three months. trader CL of eGirl Capital said,

“The rate of USDC minting concerns me, the more money-seeking yield in crypto, the more alpha decay in futures curve. The pool of yield-seeking money only gets bigger, leverage traders seem to perpetually lose money. 1 day we might never see quarterlies above 20% again.”
While “good for price… it will make speculation way more competitive,” he added. In the meantime, this growth in stablecoins supply is crypto market participants looking for risk-off yield farming opportunities or even traditional market participants bypassing directly investing in crypto. Glassnode noted,
“Among the bearish sentiment, liquidity remains strong on-chain as core DeFi participants seek out the highest yields in stablecoins, accumulate governance tokens, and continue to hold spot ETH.”
https://twitter.com/wilburforce_/status/1407875281122119686 However, yields have already started to contract as demand for leverage slows. With funding on perpetual contracts normalizing and going negative, yield in DeFi is bound to go down even more as well. Meanwhile, the low volatility interest rates have arisen, giving stablecoin farmers and short-sellers access to cheap borrowed capital. Glassnode says,
“As long as liquidity stays strong and demand for borrow lessens, yields will continue to stay low in borrow/lend markets.”
The latest sell-off in the market saw Bitcoin crashing 55% from its all-time high and Ether experiencing a drawdown of over 66%. But while short-term ETH holders see their unrealized gains evaporate as the loss enters the capitulation zone, long-term holds remain firmly in profit. Unlike previous times of capitulation, this time, these long-term holders have the opportunity to deploy their assets in DeFi. Fiskantes said,
“One of the reasons this down cycle could be shorter than 2018-2020. Money don't have a reason to leave if they can stay in stables -> compressed yields -> higher yield seekers increase risk appetite -> buy pressure for “productive assets.”
https://twitter.com/AndreCronjeTech/status/1407686500825841670 As we reported, both the lending protocols Aave and Compound have seen over $4 billion in outstanding deposits. These protocols allow ETH holders to borrow stablecoins against their deposited crypto asset, which can be used for attractive risk-off yields or speculate on token prices and gain governance tokens, stablecoin balances, and crypto assets by buying the dips, all the while keeping their exposure to ETH. “Stablecoin yield farmers remain healthy profiteers during downturns,” states Glassnode, noting the competition is waging on in the Curve Finance ecosystem as Yearn, Convex Finance, and Stake DAO compete for deposit dominance.source

During his June 25 CNBC appearance, Guggenheim CIO Scott Minerd said that $10,000 would be Bitcoin’s “real bottom” based on the current technical picture.   

However, he concedes that such an uber-bearish price target would be “a little extreme,” thus settling with a more conservative $15,000 price call:

The real bottom, when you look at the technicals, $10,000 would be the real bottom.  You know, that's probably a little extreme, so I would say $15,000.

No hurry
Bitcoin’s quick recovery to the $35,000 level ended up being a bull trap. The cryptocurrency has now slid below $32,000, with bears seemingly having the ball in their court.         

Minerd claims that investors who want to get into the flagship cryptocurrency shouldn’t be in a hurry:

I don't think people need to be anxious to be putting money in bitcoin right now.   

The largest cryptocurrency would need to correct another 68 percent in order to reach Minerd’s most pessimistic target.
BTCsource