Hashrate recovery reduces Bitcoin miners’ selling pressure in July

A new mobile “multi-blockchain” game, supporting a whole range of different cryptocurrencies, is ready to be launched in late November 2018. Estonian game-developer Ether Dale, created Glitch Goons, a player versus player (PvP) automatic fighting game where users can buy special items during their presale to customize and upgrade their characters.Features of the gameEther Dale…

Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world's largest cryptocurrency, sources told Cointelegraph. "Since early on, Satoshi predicted that layers being built on top of the Bitcoin blockchain would enable Bitcoin to…

Bitcoin (BTC) continued to bounce off $31,000 support during Friday as fresh data reinforced the importance of current price levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo trip to $42,000?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly testing but, so far, not breaking through $31,000 on Friday.A late surge to near $32,000 then entered as…

For those of us involved in the cryptocurrency space, we've gotten used to the fast-paced nature of this rapidly growing industry. New technology quickly becomes old, bright shiny projects lose their luster, and what started out as a few privacy advocates sending “magic internet money” to one another has mushroomed into a whole new asset…

Cryptocurrency market data platform CoinMarketCap has added a new metric to their site for measuring the fundamentals of cryptocurrency projects.The new rating system dubbed the Fundamental Crypto Asset Score (FCAS) measures cryptocurrency projects “health” by considering user activity, developer behavior, and market maturity. Basically, the service provides insight into the growth and development of a…

DAO: Decentralized. Autonomous. Organization.“The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine.Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’ is only…

The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs. 80 Total views 18 Total shares While decentralized finance (DeFi) token prices may be going down, new forms of utility like liquid staking are on the rise and some believe that more people…

The Japanese broker that acquired the hacked cryptocurrency exchange Coincheck in April 2018 has announced major changes in its management structure. The news was revealed in a press release published on March 27.The current representative executive officer and president of Monex group, Oki Matsumoto, will now also be the representative director and chairman of Monex,…