Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Ethereum (ETH) core developers have delayed the decision to implement Application-Specific Integrated Circuit (ASIC)-resistant proof-of-work (PoW) algorithm ProgPoW. According to an Ethereum core developer meeting on Feb. 1, the team wants to wait until the algorithm is audited by a third party.Ethereum core developer Hudson Jameson declared during the call that “there is a group…

Iran's government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months. 4782 Total views 6 Total shares The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer.According to a report by Bloomberg,…

Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.

US traders have one more place where they can place bets on the future price of BTC. 1634 Total views 39 Total shares It’s becoming a little more common for exchanges to have the government’s blessing to trade BTC derivatives.Bitnomial Exchange is the latest to join this mostly private party, having received a so-called “order…

In recent weeks, various central banks have indicated that they are exploring the possibility of issuing their own central bank digital currency, or CBDC. From Tunisia, which was at the center of false reports about the imminent launch of its own “e-Dinar” but confirmed it was studying the issue, to China, whose central bank appears…

Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18.USD Coin — an ECR20 token first announced this May and released in September — is one of a swathe of new stablecoins notionally collateralized 1:1 by a major…

Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption.However, critics are warning that the blockchain payments integrated with messenger apps may undermine many of the core values underpinning cryptocurrency.  They predict…