Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the launch. Decentralized application (DApp) platform Matic Network (MATIC) has successfully launched its mainnet following two and a half years of development. A June 1 blog post published […]
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Crypto miners based in the United States will greatly benefit from the falling electricity prices worldwide, says Andreas Antonopoulos. Bitcoin educator Andreas Antonopoulos sees the recent downturn in oil prices as a net positive for crypto miners worldwide, particularly those at the Bitmain mining facility in Texas. In a video he posted to his YouTube […]
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Updating its popular BTC price model, crypto analyst PlanB predicts the cryptocurrency could see a rally to $100K by 2021. Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun. PlanB confirmed on Twitter on May 31 that […]
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Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has […]
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Amid this current crisis, the Bitcoin halving highlights core differences between fiat and crypto monetary systems and the distribution of power in both. One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption […]
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Check out this week’s Bad Crypto News It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, […]
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South Korean tech titan names Woong Ah-yoon as the head of their blockchain division. Although the company made no official announcement, South Korean tech conglomerate Samsung Electronics seems to have been appointed a new Vice President in its AI PM Group / Blockchain Dev Group. Woong Ah-yoon, a former chief architect of Blockchain Solutions for […]
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The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year? The post-halving reality of Bitcoin’s network may soon change shape, some industry insiders argue. The reason is quite simple, and, surprisingly, it has nothing to do with crypto itself: The wet season has arrived in […]
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Search patterns head lower, indicating that the halving is no longer driving interest in Bitcoin as price action centers on $9,500. Bitcoin (BTC) interest is hitting levels that last appeared during its March crash recovery as hype over the halving finally fades. According to the latest data from Google Trends, as of May 30, search […]
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A new DeFi and enterprise blockchain app protocol, AVA Labs, will distribute 2 million tokens in a final testnet before mainnet launch in summer. AVA Labs, a blockchain protocol founded by Cornell’s Emin Gün Sirer, is planning to distribute 2 million tokens in its final testnet before the project’s full launch in summer. The so-called […]
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