Ocean Nodes Incentive Program delayed for back-end improvements
Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29, complete backend updates and enhancements.
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$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade.In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin still trumps…
Bitcoin markets record deepest retracement since Black Thursday: Raoul Pal
With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce. 248 Total views 5 Total shares Investment strategist Raoul Pal has identified that Bitcoin’s fortnightly relative-strength indicator, or RSI, recently fell to levels not seen since the “Black Thursday” crash…
Bitcoin is a ‘wild card’ set to outperform —Bloomberg analyst
The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets. 654 Total views 38 Total shares Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out. In a Sept.7 post on Linkedin and Twitter, McGlone explained…
Meaningless and weak: Debunking the ‘Bitcoiners are psychopaths’ study
A study claiming that psychopaths and others with ‘Dark Tetrad’ personality traits are drawn to crypto has been criticized as "meaningless" for showing very weak correlativity by a psychology expert from The University of Otago.Researchers with backgrounds predominately in marketing and advertising from the Queensland University of Technology (QUT) surveyed 566 people on their attitudes…
SEC and Binance.US to negotiate deal avoiding total asset freeze
U.S. District Judge Amy Berman Jackson has ordered the two entities to work toward a compromise. 1052 Total views 3 Total shares Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets.On June 14, Bloomberg reported that U.S.…
Forecasting Bitcoin price using quantitative models, Part 3
This is Part Three 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…
Uzbekistan blocks access to foreign crypto exchanges over unregistered trading
The national regulator urges the industry players to comply with the local legislation. 48 Total views 3 Total shares The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed…
Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry
Democratic 2020 presidential candidate Andrew Yang has outlined how he plans to regulate the cryptocurrency industry.Promise to promote legislation on cryptocurrenciesOn Nov. 14, Yang, an entrepreneur, lawyer, philanthropist and a Democratic candidate in the 2020 United States presidential election, wrote in a Nov. 14 blog post on the tech industry that cryptocurrencies experience the levels…