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On Sunday Ethereum price ramped up an amazing 12%+ upside move. Does this mean Feb 5th drop to $100 was the 2019 bottom for Ethereum? Ethereum Price: Market Overview On Sunday Ethereum (ETH) 00 shifted into beast mode and steamrolled past the $125 and $130 resistance levels and onto new monthly highs. Analysts will probably … Continue reading Ethereum Price Analysis: Bulls Make Their Move
Paxful CEO Ray Youssef plans on building 100 schools in Africa. Two schools have already been built in Rwanda, while a third is currently in development. Paxful is a peer-to-peer Bitcoin marketplace that directly connects those looking to buy with those looking to sell, with a special focus on the unbanked and underserved world. The platform’s … Continue reading Paxful Investing in Young African Leaders by Building Schools With Bitcoin
Spain’s Central Bank, Banco de España (BDE), has published a report stating that Bitcoin is inefficient as a payment system. It may, however, have slightly missed the boat, as it does ignore second layer protocols such as Lightning Network. Good Title, Shame About The Rest The author of the report, BDE’s Deputy General Director of Financial … Continue reading Spain’s Central Bank: Bitcoin Inefficient As Large-Scale Payment System
Venture capitalist and ex-Bitcoin Foundation director Brock Pierce thinks his plan to take over the Mt. Gox rehabilitation process “demonstrates the power of open source.” Avoiding Crypto ‘Lehman Brothers’ Speaking on the latest edition of the Keiser Report February 16, Pierce, who has gained mixed reactions to his ‘Gox Rising’ scheme, said community action was … Continue reading Brock Pierce: My Mt. Gox Redemption Plan ‘Shows Power Of Bitcoin’
In a packed conference room on a chilly day in Seattle, where NEO will be opening up their next NGD location, a community of blockchain enthusiasts, international media, and developers gathered together to hear about NEO’s upcoming plans–specifically, what’s going on with NEO 3.0–and when. The Goal of NEO 3.0 NEO co-founder, Erik Zhang, couldn’t … Continue reading Live From NEO DevCon: Top 5 New Features of NEO 3.0
On Feb 13, 2019, Ripple officially announced the release of XRP Ledger version 1.2.0. The newest version of the ‘decentralized’ peer-to-peer (P2P) cryptographic ledger for XRP storage will boast the automatic detection of censorship attempts in addition to the automatic issuance of warnings. Explains the official announcement: One of the major benefits of decentralized blockchain technologies, … Continue reading XRP Ledger Version 1.2.0 Announced Following JPM Coin FUD Storm
Ethereum founder Vitalik Buterin is well-known for dismissing blockchain projects that claim high transaction speeds as “centralized” and unworthy. Long Vuong, founder of TomoChain (TOMO) has fired back with some criticism of his own. TomoChain Offers 1,000TPS Compared to Ethereum’s Double Digits The TomoChain network aims at being a public EVM-compatible blockchain with faster and … Continue reading TomoChain Founder Hits Back at Vitalik – Says Ethereum in for a Tough Year
Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. Fees-Us Christ According to sources, the increases will firstly affect interchange fees, which merchants pay their banks when accepting a … Continue reading Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t
Now is the time when people typically start assessing what the year ahead is likely to bring for various topics and industries. Bitcoin is no different. Investors and enthusiasts will likely notice several trends becoming prominent. Here are four of them. 1. Bitcoin-Compatible ATMs Become Widely Available Reports indicate 2019 will be the year that … Continue reading 4 Bitcoin Trends Likely to Dominate 2019
Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11.72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market. Sale of Cryptocurrency Mining Chips Plummet The U.S. … Continue reading Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’