Bitcoin price rebound may hit in 10 days as Fed liquidity ‘rips higher’
Bitcoin price behavior — including its run to all-time highs in March — is displaying an uncanny correlation to Fed liquidity.
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Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake
Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than 20%.In a press release, Hive describes the current moment as “an opportune time” to expand its ETH mining capacity. Hive’s Swedish facility is hydro-powered, and including hardware,…
How Did Basic Attention Token (BAT) Become the Most Used DeFi Token?
As Compound conquered the DeFi space and its COMP token rallied, Basic Attention Token saw an abnormal surge in its trading volume and price. 474 Total views 23 Total shares According to recent research from blockchain analytics firm Flipside Crypto, Brave’s Basic Attention Token (BAT) became the most used ERC-20 token in the decentralized finance…
UN blockchain tool aims to improve land registry in Afghanistan’s cities
The United Nations wants to tackle urban challenges like land grabbing and inefficient use of space with blockchain technology. 1180 Total views 7 Total shares The United Nations has released a blockchain-powered solution to help the Afghan government manage property ownership issues in the country's urban areas.According to a Dec. 2 announcement, the U.N. Human…
Bitcoin go up, Coinbase go down: Exchange outages and trader outrage
Coinbase has suffered multiple outages since March, often coinciding with volatile Bitcoin trading days. 976 Total views 8 Total shares Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers…
Almost All Top 100 Cryptocurrencies Solidly in Green, Dogecoin Skyrockets Over 40%
Saturday, September 1: crypto markets are multiplying recent gains today, with 97 out of the top 100 cryptocurrencies by market cap solidly in the green, as data from Coin360 shows.Market visualization from Coin360Bitcoin (BTC) continues to climb steadily over the $7,000 mark, seeing 2.52 percent gains over the past 24 hours, according to CoinMarketCap. Bitcoin…
‘This Will and Needs to Be Bitcoin’s Year’ Says Mike Novogratz
With vast swaths of the world markets in virtual lockdown amid the coronavirus pandemic, some predict that the shocks rippling through the global economy in early 2020 may yet come to dwarf the magnitude of the 2008 financial crash.Just as Bitcoin (BTC)’s creation is bound up with 2008 and the Great Recession, Galaxy Digital founder…
CFTC proposes reducing anonymity to manage risks
Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity. 419 Total views 8 Total shares Own this piece of history Collect this article as an NFTA commissioner of the United States Commodity Futures…
Decentralization First: Privacy Coin Monero Cuts Out ASIC Miners to Stay Independent
On March 9, Monero (XMR) network was successfully upgraded via a hard fork. The new code curbed application-specific integrated circuit (ASIC)-powered mining with a new proof-of-work (PoW) algorithm. Additionally, new dynamic block size algorithm and improved privacy — which is considered to be Monero’s key feature — were introduced.Once the ASIC miners were taken out…