Month: September 2020

During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances of getting elected is favored by 61% over the incumbent Trump. Tuesday’s Presidential Debate was considered by many as one of the “worst debates” in the history of American leadership. However, many people still kept score on how each Read more …

Uniswap’s governance token – dubbed UNI – has been struggling to form a long-term bottom, as each rally results in it seeing significant selling pressure that stunts its growth and leads to further downside. This has led to the token seeing choppy price action, which has generally favored sellers. Bulls are now trying to slow the cryptocurrency’s descent and form a base of support around $4.00, but it remains unclear as to how long this level may hold strong. One Read more …

Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike in activity coming amidst bearish Read more …

The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors.  Despite this lack of bullish momentum, on-chain data reveals that new participants are joining the Bitcoin network at an alarming rate.   Although the price has failed to react to the sharp inflow of new participants, on-chain analyst Willy Woo believes that this is a strongly bullish sign. Sept. 30 Read more …

Dash Core Group, the entity responsible for developing the privacy-focused coin DASH, publicized fresh changes to the asset’s proof-of-stake network on Sept. 30.  “Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators,” said an announcement on Medium from Pasta, one of Dash Core Group’s Developers. “This is a major release and is a mandatory upgrade for all miners and masternodes.” The network update improves the DASH ecosystem in a number of ways, including methods Read more …

SBI esports, a subsidiary of Japanese financial services conglomerate SBI Group, announced that its esports players would receive salaries in Ripple (XRP) going forward as part of a sponsorship deal with venture capital firm, VC Trade. According to the official announcement, player salaries will be paid via crypto instead of fiat in order to strengthen the company’s presence among esports players who also use digital currencies. SBI esports, which is a long-time Ripple partner, said that this sponsorship deal is Read more …

The development of technology this much has caused Bitcoin technology to become very popular. Bitlouis Bitcoin Mining Company, one of the many companies competing in this field, reached the number of 30 thousand customers in the first half of 2020 and made a turnover of 300 million dollars. With this success, the company once again proved itself and the strength of its employees and became the star of 2020. Many customers preferred Bitlouis Bitcoin Mining Company for Bitcoin, the new Read more …

Chainlink has struggled to maintain its foothold above $10.00, which was lost when the token faced a massive influx of selling pressure that drove its price lower overnight. Bulls have since re-surmounted this level and are ardently attempting to establish it as support. An ability to do this could help create a strong base of support that leads LINK’s price higher in the days and weeks ahead. Where it trends in the near-term may depend largely on Bitcoin and the Read more …

This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! “Do not go where the path may lead. Go instead where there is no path and leave a trail.” — Ralph Waldo Emerson The key feature of Bitcoin is that it is free from control by any single entity or third-party authority. I think that one of its most important qualities is the Read more …

On Sep 30, DFINITY announced its final milestone release before the network’s public launch later this year. This release, called Sodium, represents a “feature complete” version of the network. The company also disclosed details about their governance system, called Network Nervous System, or NNS. NNS will use a proprietary token called ICP to facilitate operations on its “Internet Computer.” At launch, there will be 469,213,710 ICP tokens in existence — a number determined by the quantity of tokens previously issued Read more …

A Bitcoin circular economy is a closed-loop system that designs out all of the corruption and headache of dealing with central bank-issued money. As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. A Bitcoin circular economy requires ways to earn, save and spend bitcoin. Oftentimes, when anyone is making progress on talking about earning or spending Read more …

Q3 2020 was a period of exceptional growth for California-based SyncFab.  The manufacturing blockchain company added new partners and was recognized for its accomplishments on a global scale.   You want the latest news about Crypto? Then follow us on Google News! Per Aspera Ad Astra: Hard Work That Blurs All Boundaries Last month SyncFab officially joined Starburst Aerospace – the world’s leading aerospace and defense accelerator with the largest aerospace innovation partnership stakeholder network.  Earlier in August, former CEO of Read more …