The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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The Phoenix is not supported by Coinbase.
Market cap
-
Volume (24h)
-
Circulating supply
-
All time high
$812.42
Price change (1h)
0%
Price change (24h)
0%
Price change (7d)
0%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The current price is $0.20 per FIRE. The Phoenix is 99.98% below the all time high of $812.42.
The current circulating supply is 0 FIRE.
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Phoenix community capital functions for its traders by leveraging joint trading capital, which gives them access to trading options that are unavailable to average traders. The platform seeks to enlist experienced and trusted trading advisors who look for novel opportunities and trends for the community trading portfolio.
According to the whitepaper, the community of Phoenix empowers experienced cryptocurrency traders as well as new ones by offering access to a varied portfolio of off-chain and on-chain trading services and products. The platform aims to focus on determining and eliminating the confusion and guesswork for community members and traders in the ever-changing landscape of cryptocurrency trading. Phoenix Community Capital has the vision to offer a solid base for every community member to benefit from contributing to an array of decentralized finance (DeFi) trading, liquidity pools, conventional crypto trading, real-world asset trading, and project incubators. The primary trading project of Phoenix Community Capital has been designed around a trading position known as a Nest. Nests are a kind of tool that enables traders to produce FIRE token rewards.
Phoenix Community Capital is the pre-deployed Certik-audited unit comprising a completely doxed team of leaders. The community members of Phoenix Community Capital are entitled to voting rights in the organization to remain integrally associated with all the significant events and maintain strong communication lines.
The native token of Phoenix Community Capital is FIRE, which functions on the Avalanche (AVAX) Network. The Avalanche network is an open and programmable smart contract forum for decentralized applications (dApp).
The FIRE token has been designed to produce high-yield rewards. The token utilizes a simple mechanism to reallocate the yield while backing the project’s growth. Users need 10 FIRE tokens for creating a Phoenix Nest. Once the Nest is built, rewards get generated. Out of 10 FIRE tokens, seven are moved to the reward pool, one FIRE token gets added up to the liquidity pool, and two of the tokens are moved to the treasury wallet.
The cofounders of the Phoenix are Luke Sullivan and Eric Marshall. Eric has more than 15 years of experience and has worked as a senior solutions architect in various organizations. Luke is an expert in NFT and blockchain technology, having numerous years of experience in the same sector.
The total supply of FIRE tokens is one million.
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Conversion Table
FIRE/CAD (Canadian Dollar)
CA$0.27
FIRE/JPY (Japanese Yen)
¥30.10
FIRE/INR (Indian Rupee)
₹16.78
FIRE/BRL (Real)
R$1.02
FIRE/EUR (Euro)
€0.19
FIRE/NGN (Nigerian Naira)
NGN 157.21
FIRE/KRW (South Korean Won)
₩271.64
The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
Read more
Decrypt • Sep 27, 23
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
The Lumerin Hashpower Marketplace creates a novel method for decentralizing Bitcoin's global hashrate and makes mining accessible to retail investors.
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Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on
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CoinDesk • Sep 27, 23
The Protocol: Google Pushes Deeper into Blockchain
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.
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CoinDesk • Sep 27, 23
With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)
There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.
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We update our The Phoenix to USD currency in real-time. Get the live price of The Phoenix on Coinbase.
The current market cap of The Phoenix is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of The Phoenix is $812.42. This all-time high is highest price paid for The Phoenix since it was launched.
Over the last 24 hours, the trading volume of The Phoenix is $0.00.
Assets that have a similar market cap to The Phoenix include Protectorate Protocol, Dao Space, TruthGPT (ETH), and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of The Phoenix is 0.
No, The Phoenix is not currently available on Coinbase, but you can sign up to get the latest news on The Phoenix and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.