New Tools To Measure Prices In Bitcoin
The St. Louis Federal Reserve released a blog post with customizable graphs to allow anyone to measure the price of commodities against the bitcoin price.The below is a direct excerpt of Marty's Bent Issue #1222: “The Fed is officially scared of bitcoin (or quietly trying to endorse it)” Sign up for the newsletter here. via the St. Louis Fed via the St. Louis Fed via the St. Louis Fed The comedians over at the St. Louis Federal Reserve dropped a blog post earlier today that compared the fluctuation of eggs prices in U.S. dollars and sats from the beginning of 2021 through April 2022. It....
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How far does $20 get you these days? Not very far. If you have noticed that your shopping cart is getting emptier each year, then feel at ease because it is not all in your head. There is a way to measure these things, and that is through the Consumer Price Index. If you have ever wondered how they can determine the inflation rate in the country, it is through the CPI. Using CPI to determine changes in price. The CPI is defined as a "measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To measure the index, we....
Updated with additional comment from Tim Swanson. As many as 70% of all bitcoins in circulation have not moved in at least six months, according to data provided by Reddit user John Ratcliff. Ratcliff, a principal engineer at NVIDIA who in his spare time uses 3D tools to visualize blockchain analytics, published the new charts to provide the community with a better idea of how and when bitcoins have moved in recent months. Describing one of the charts, he said: "This graph shows, I believe, a reasonable measure of 'liquidity', in other words a measure of all bitcoins in existence, how many....
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects the DeFi community by providing a decentralized trust score for all DeFi. The launch of the DYP Tools V1 is a significant milestone for the yield farming protocol, and the dashboard tool is equipped with extensive features. Some of these include UniSwap Watchman, Pool Explorer, Unique Community....
As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital. As Russia attacked Ukraine, cryptocurrency prices fell sharply. On Thursday morning, Bitcoin prices declined to more than 8%, to settle at $34,702.18, marking its lowest level in around a month. Ether fell more than 8% to trade around $2,407.47. Related Reading | Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles That’s A Lot Of Money Economists have approximated that the U.S.....
As the resurgence of the EARN IT Act shows, we’re all in need of tools for communicating privately online — particularly Bitcoiners.