The parabolic rise in Ether long positions has increased the risk of a violent crash, as uncertainty surrounding the launch of ETH 2.0 grows. With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last […]
Continue Reading
The United Nations has released a report to raise governmental and international awareness for blockchain’s application in the seafood value chain. Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains. The Food and Agriculture Organization […]
Continue Reading
While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
Continue Reading
Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
Continue Reading
With Bitcoin rallying to test $10,000, Cointelegraph reached out to several top crypto analysts to get their take on what the halving means for Bitcoin’s price. Ahead of Bitcoin’s third halving early next week, the markets have rallied to test the crucial $10,000 zone. While the halving has historically been seen as a catalyst for […]
Continue ReadingHas the upcoming halving already been factored into Bitcoin’s price, and can another pump be in the cards in the short term? On Thursday, Bitcoin (BTC) breached the $9,400 mark, thereby boasting a recovery that in many ways put the stock market’s performance during 2020 to shame. From a technical standpoint, Bitcoin’s market surge saw […]
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 ReadingThe founder of Quantum Economics sees Bitcoin and the S&P 500 more closely correlated than ever as a result of the coronavirus pandemic. Crypto analyst Mati Greenspan won the title of “father of the year” from the two hosts of Virtual Blockchain Week as he tended to his child while delivering a presentation to the […]
Continue ReadingCo-inventor of blockchain discusses the meaning behind the name “Satoshi Nakamoto” and why it isn’t him. Blockchain co-inventor, Scott Stornetta talks about the origins of the name “Satoshi Nakamoto” and why he isn’t him. The original Bitcoin (BTC) whitepaper references eight works. One of them is a general book on probability, the rest are foundational […]
Continue Reading
The COVID-19 pandemic has revealed Bitcoin’s most important value, and it’s not the price — but its decentralized nature. Born within a financial meltdown and crisis, Bitcoin (BTC) has found itself again in the role of a proto-savior for the current failings of fiat and national currencies. Those failings namely being that national fiat currencies […]
Continue Reading