Business

Vitalik Says He Has ‘Some Respect’ for How EOS Handles Governance

[ad_1] In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out.  "If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren't willing to take," Buterin said in a May 15 tweet referring to Bitcoin and Ethereum. Vitalik labeled EOS aspects
EXCHANGES

20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies

[ad_1] During the last few years, blockchain surveillance has increased a great deal and in the early days around 2013-14, there were only a handful of firms. Now there are more than 20 blockchain analysis companies that monitor addresses, transactions, and making sure addresses are AML/CFT compliant as well. The Rise of Blockchain Analysis Ventures In the early days before 2013-14, bitcoiners and cryptocurrency users didn’t really hear about blockchain
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Fractal Analysis: Bitcoin Looks 76% Like it Did Before Rallying to $20,000

[ad_1] After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 earlier Friday morning. Some fear that this hesitance around the key resistance of $10,000 is indicative of BTC returning to a bear trend. An analysis by a popular trader, however, indicates that the ongoing Bitcoin price action is looking much like it did prior to BTC rallying from $500
Business

Mexican Companies Launch Crypto Donation Platform For People Impacted by COVID-19

[ad_1] Mexican cryptocurrency exchange, Bitso, joined forces with the crowdfunding platform, Donadora, to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis.According to a report published by El Heraldo de México on May 15, each pantry delivered will be worth 150 Mexican pesos. They will have enough food to feed families of between four and
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What to Watch for Following Bitcoin’s Latest Rejection at $10,000

[ad_1] Bitcoin has seen some notable volatility throughout the past several hours, with Bitcoin rallying up to highs of $10,000 before facing a sharp rejection In the time since, it has been able to find some notable support despite struggling to gain enough buying pressure to extend its upwards momentum Analysts are now noting that BTC appears to be forming a fresh trading range, and there is one key level
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How Investors Are Presented With Bitcoin: ‘A New Decentralized Monetary Asset, Akin to Gold’

[ad_1] Bitcoin (BTC) is a compelling investment case “for patient, long-term investors” willing to spend the time to understand the top cryptocurrency, a new paper by Paradigm co-founder managing partner Matt Huang notes. The crypto entrepreneur places BTC besides gold, as a go-to store of value, amid unprecedented stimulus spending by governments during the Covid-19 crisis. “Bitcoin is likely to earn a place alongside gold as a sensible part of
BUY/SELL

Demand for Bitcoin Grows After Halving

[ad_1] Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to rise globally.Proof of increasing adoption is supported by the total number of functioning Bitcoin ATMs rising to 8,000, a more than 90% increase since 2019. Bitcoin ATM operator, Coinstar, also reported a 40% increase in
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Elon Musk Drops Bitcoin Bomb on J.K. Rowling: BTC Is “Solid” Compared to Fiat Money

[ad_1] For the third time in a few months, Tesla’s chief executive Elon Musk decided to name drop Bitcoin on Twitter. This time, Musk shocked the industry, writing that the leading cryptocurrency is looking “solid” compared to fiat money, which has been inflated away by governments in response to the economic impacts of the COVID-19 outbreak. Bitcoin Is Better Than Fiat? Elon Musk Weighs In Responding to “Harry Potter” author
Business

Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners

[ad_1] An amended class action complaint filed against Nvidia Corp has accused the firm of violating the Securities Exchange Act by downplaying the extent to which its gaming revenues relied on GPU sales to cryptocurrency miners.The complaint, filed May 14, claims that Nvidia issued deliberately misleading statements that understated more than $1 billion in GPU sales relating to crypto miners during 2017 and 2018. Claims estimate that sales to miners
Business

Dear JK Rowling: Bitcoin is Magic

[ad_1] As part of a recent tweet calling on all novelists to message her with their questions on Bitcoin, CoinDesk journalist Leigh Cuen publicized a tweeted response from none other than beloved Harry Potter author, J.K. Rowling.   "I don’t understand Bitcoin," Rowling said, adding, "Please explain it to me."Dear JK Rowling:The first thing you need to understand is that Bitcoin is magic. It allows you to exchange money with anyone