When one door closes, another opens. -Alexander Graham Bell In our previous article, we discussed the sad circumstances under which the Telegram Open Network was closed and how their blockchain was essentially blocked. Magic internet points are kind of Reddit’s thing, and unlike likes on Facebook and hearts on Instagram […]
Bitcoin’s now-concluded halving was the talk of the town in 2020. The May 12 event saw immense media spotlight and institutional interest in the broader cryptocurrency space. While some predicted an eventual drop in prices, others cite vastly changed economic and financial conditions than the past halving as a major differentiator. Finally a hedge Matt […]
Bitcoin has mounted a strong 6% comeback over the past 24 hours, but this hasn’t stopped XRP from underperforming, posting a gain of 1% in the same time frame. While a small difference, analysts think that this underperformance is a precursor to a strong drop in the price of the altcoin. Two analysts, in fact, expect for XRP to head towards the $0.125-0.13 moving forward. XRP Still Has a Harrowing Outlook In reference to the […]
The South-East Asian country of Cambodia is looking to a distributed ledger technology (DLT) network to reinvent their country’s payments and rid themselves of their US dollar reliance. While at the Consensus Distributed event, the assistant governor and director-general of the National Bank of Cambodia, Serey Chea, revealed the initial plans and set out the […]
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in an ongoing move to the psychological resistance of $9,000 and beyond. As of the time of this article’s writing, the cryptocurrency has pushed $9,100. Bitcoin’s strength comes as the stock market has seemingly [...]
Bitcoin, at press time, was trading around $8.8k on the immediate next day of the 3rd Bitcoin halving which happened on May 11, 2020. Bitcoin news has leveled up social media as well, as the world as they got ready for the major event—Bitcoin halving. Bitcoiners believe this block reward halving that happens every 4 …
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Bitcoin and the rest of the crypto market have been subject to strong reversals over the five days since last week’s highs. After reaching $10,000, the leading cryptocurrency plunged 20% in the span of 48 hours, crushed as over $1 billion worth of positions were liquidated on a number of crypto exchanges. This was reflected in altcoins, which posted similar, if not worse, losses than the market leader. This retracement has brought the crypto market […]
Bitcoin’s halving is finally here. After years of waiting, the long-awaited event has arrived that will see the number of coins issued per block cut in half — hence “halving — from 12.5 to 6.25. Although BTC investors on Twitter and other forums are claiming they’re over the moon about the halving, on-chain data paints […]
The Bitcoin block reward halving is nearly here. The event is happening in around 4 hours from now, meaning that BTC’s inflation rate will be cut in half from ~3.6% to ~1.8% — inflation lower than that of most fiat currencies and purportedly lower than that of gold. Data shows that as the halving has [...]