How long will Bitcoin's price consolidation last?
Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves.
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WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation…
CZ on Binance’s New Chinese Domain: ‘Let’s Focus on Tech First’
Binance, the world’s largest cryptocurrency exchange and owner of crypto pricing website CoinMarketCap, is getting closer to one of the most crypto-sceptical jurisdictions in the world, China. After leaving the country amid a nation-wide crypto ban in 2017, Binance has now officially registered a Chinese domain.Binance.cn, Binance’s new Chinese domain, has been registered with China’s…
Forecasting Bitcoin price using quantitative models, Part 2
This is Part Two of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — the rate of adoption, and Part Four — the hash rate and the estimated…
The blockchain trilemma: Can it ever be tackled?
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Ethereum tops $3.3K as analysts tip ETF approvals this week
ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.
Uniswap breaks $1T in volume — but has only been used by 3.9M addresses
Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month. 154 Total views 24 Total shares Decentralized exchange (DEX) Uniswap has topped $1 trillion in total trading volume since launching on Ethereum in late 2018. That comes from a relatively…
Multiverse secures $15M investment from Samsung Next, leading blockchain VCs
“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.” 203 Total views 2 Total shares Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some…
Maduro Announces Crypto Casino in Support of Petro and Public
Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A casino for reliefMaduro said Ávila National Park’s Hotel Humboldt will soon be home to an international casino that will operate with Petro (PTR), Venezuela’s state cryptocurrency, and that…