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Working for A Pioneering Incubator for Web3 Project in Vietnam - The BEES. My twitter: https://twitter.com/NaTran91
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DEPIN: OCTA vs RNDR#OCTA vs #RNDR Now I am returning to Research a Project Daily! Please Engage for More Content! I'm back again with my daily research on a new crypto project! 1/ What is OCTA? A decentralized cloud computing platform built on blockchain technology. Services: VPN, CPU, GPU, storage rental. Targets individuals and organizations for: machine learning, CGI rendering, digital image processing, data storage/distribution, VPN tech, other computing-heavy tasks. 2/ Uses 2 blockchains: L1 and L2 At the cor

DEPIN: OCTA vs RNDR

#OCTA vs #RNDR
Now I am returning to Research a Project Daily! Please Engage for More Content!
I'm back again with my daily research on a new crypto project!
1/ What is OCTA?
A decentralized cloud computing platform built on blockchain technology.
Services: VPN, CPU, GPU, storage rental.
Targets individuals and organizations for: machine learning, CGI rendering, digital image processing, data storage/distribution, VPN tech, other computing-heavy tasks.
2/ Uses 2 blockchains: L1 and L2
At the cor
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Bullish
Investors react positively to the fake Bitcoin ETF approval news. Over $250m record net inflow into stablecoin exchanges.$BTC $ETH
Investors react positively to the fake Bitcoin ETF approval news.
Over $250m record net inflow into stablecoin exchanges.$BTC $ETH
Crypto Weekly Report 2/10-9/101/ Bitcoin analysis Last week, BTC moved within the range of 27k to 28.5k. In terms of TA, BTC broke above the EMA50 and EMA200 and remained above them for over 9 days. There is a strong support level around 27k and of the two EMAs. As a result, it is expected that BTC will continue to hold above this level this week. 2/ Derivatives Data OI plummeted by over $400m, causing large long traders got REKT. The lack of a subsequent rally in OI suggests that majorly traders are closing their positions

Crypto Weekly Report 2/10-9/10

1/ Bitcoin analysis
Last week, BTC moved within the range of 27k to 28.5k. In terms of TA, BTC broke above the EMA50 and EMA200 and remained above them for over 9 days. There is a strong support level around 27k and of the two EMAs. As a result, it is expected that BTC will continue to hold above this level this week.

2/ Derivatives Data
OI plummeted by over $400m, causing large long traders got REKT. The lack of a subsequent rally in OI suggests that majorly traders are closing their positions
Decentralized Storage: The Backbone of BlockchainDecentralized Storage is an indispensable pillar of blockchain. Unlike blockchains, which struggle to store vast data, decentralized storage tackles limitations of centralized systems, boosting security, privacy, and cost-efficient data sharing.  So, Blockchains weren't built for large data storage. Storing data on-chain is costly and congests networks, driving up fees due to gas bidding wars. Decentralized storage steps in to solve this issue and unleash new possibilities. Decentralized storag

Decentralized Storage: The Backbone of Blockchain

Decentralized Storage is an indispensable pillar of blockchain. Unlike blockchains, which struggle to store vast data, decentralized storage tackles limitations of centralized systems, boosting security, privacy, and cost-efficient data sharing. 
So, Blockchains weren't built for large data storage. Storing data on-chain is costly and congests networks, driving up fees due to gas bidding wars. Decentralized storage steps in to solve this issue and unleash new possibilities.
Decentralized storag
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