Leading crypto traders lay out both bearish and bullish scenarios for Bitcoin as the halving approaches. The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000. All key […]
Continue ReadingDevelopers were challenged to create a Bitcoin sidechain with the privacy features of ZCash, using Drivechain technology. Developers are competing to bring ZCash privacy functionality to a Bitcoin sidechain. To do this, they’re using the Drivechain technology created by decentralized prediction market pioneer, Paul Sztorc. As an added incentive, Sztorc has announced a prize fund […]
Continue ReadingBlockchain co-inventor may have crossed paths with Satoshi in pre-Bitcoin days. Blockchain co-inventor, Scott Stornetta, profiles Satoshi Nakamoto for Cointelegraph. In a recent Cointelegraph interview, Stornetta explained why he could not have been Satoshi Nakamoto, or part of Bitcoin’s creation. He also ruled out Craig Wright as a possible candidate. Although he may not know the […]
Continue ReadingChina has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create? Could China take over the Bitcoin (BTC) ecosystem? It’s a very real possibility, and it could happen very quickly because China controls more than half of the world’s Bitcoin mining operations — upward of 65% of the […]
Continue ReadingOne analyst suggests staking may trigger a bull run for ETH, but how likely is ETH 2.0 to generate this amount of demand? Ethereum 2.0 has dragged its feet. But when it does finally ship, it could provide the “largest economic shift in society” — or so it’s believed. The launch of ETH 2.0 is […]
Continue ReadingBTC gets propelled over the $9,000 mark but fails to immediately cement the level as support in volatile Friday trading. Bitcoin (BTC) was back on May 1 as the largest cryptocurrency regained $9,000 after climbing 7% in less than 24 hours. Cryptocurrency market daily overview. Source: Coin360 BTC price shoots for fresh $9K support Data […]
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Traditional finances could be dramatically changed in the near future, and central bank-issued digital currency is the first step. Once a niche enthusiasm with the launch of Bitcoin (BTC), digital money powered by blockchain technology has matured rapidly in just a few short years. The market is now highly diverse. For example, audited stablecoins, along […]
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active […]
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During Virtual Blockchain Week, Justin Sun recounted his version of the events surrounding Hive’s controversial fork away from Steem. Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s “partnership” with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away […]
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Promises of unlimited money-printing lead the world’s largest crypto asset manager to sound the alarm to investors, promoting Bitcoin as a solution. Bitcoin (BTC) is now investors’ best bet against central bank money printing, a new report from asset manager Grayscale concludes. In the document, titled “Quantitative Tightening,” the world’s largest digital currency asset manager […]
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