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.
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.
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 , the community of Phoenix empowers experienced 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 trading, , 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 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 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 , and two of the tokens are moved to the treasury .
The 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 and technology, having numerous years of experience in the same sector.
The total supply of FIRE tokens is one million.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
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.
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.
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