Monthly Archives: November 2020

Ethereum 2.0 begins launch process as deposit contract goes live

The first day of December is likely to be the launch date. Ethereum 2.0 Phase 0 has now been formalized for launch at some time around Dec. 1. The deposit contract is live and can collect the necessary funds to trigger staking. An update by the Ethereum Foundation released on Wednesday explains how the genesis process is expected to happen. Prospective stakers will now be able to deposit their 32 Ether (ETH) deposits to the contract via the dedicated launchpad and get ready for the launch. The […]

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Bitcoin price: Why $14K looks eerily similar to $700 during the 2016 election

Both the 2016 and 2020 U.S. elections have seen little volatility in the price of Bitcoin, but the major multi-year resistance at $14K may finally break if history repeats itself. While most investors and traders anticipated massive volatility to occur through the election hours, little has happened. Bitcoin’s price is still relatively stable and hovering under the crucial resistance of $14,000. At the same time, Bitcoin’s price has been moving in tandem with equity markets over the past 24 hours. Bitcoin still can’t break the $14,000 resistance BTC/USD 1-week […]

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DeFi on Polkadot: An alt chain with interoperability on the horizon

Polkadot’s DeFi ecosystem is expanding, but will its interoperability prove to be the Ethereum-killer? The Polkadot blockchain platform only launched its mainnet in May, but it is already pushing to become a major competitive force in the sector. In late August, following a DOT token redenomination, Polkadot smashed into the top 10 cryptocurrencies, overtaking established altcoins such as EOS, Litecoin (LTC) and others.  Kelvin Koh from Asian crypto fund Spartan Black previously said that Polkadot could rank in the top three blockchains. Elsewhere, Dan Morehead from Pantera […]

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US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst

Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin (BTC) is actually part of a sustained rally since the ‘Covid capitulation’ event back in March. “Since then we’ve seen nothing but bullish signals appear one after another,” McDonaugh said, in thoughts shared with news.Bitcoin.com “We’ve seen four straight ‘higher lows’ […]

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Bitcoin sees record 100 days above $10K as one analyst eyes ‘parabolic’ 2021

A fresh record for BTC price action on U.S. election day means that $100,000 could now form a price target, historical data suggests. Bitcoin (BTC) has officially beaten a new record as BTC/USD trades above $10,000 for 100 days, and major gains should come next. As voting in the United States’ presidential election ended on Nov. 3, Bitcoin saw a landmark moment of its own — 100 days straight trading in five figures. Bitcoin sees record stretch above $10,000 The achievement is not just impressive as a […]

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Binance takes credit for thwarting an attempted exit scam on its blockchain

The centralized part of “CeDeFi” did not seem to help though. Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB). Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct. 13. Within an hour of the launch, it had amassed $345,000 in funds which were promptly pulled from the platform by the creators of Wine Swap. The funds were then spread across several directions in […]

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China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card

The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants. Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card. Danal’s crypto wallet Paycoin, and its crypto token of the same name, will be the interface for the new, prepaid mobile card. Paycoin has indicated that users will be able to use the card, and Paycoin, to pay for goods and services […]

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PayPal Causes Bitcoin Explosion – Only 10% Of Clients Have Access

only 10% of clients have access to crypto services leaving 90% remaining to buy. 2021 will lead to 28 million vendors accepting the bitcoin payments and much more expansion to come Social Media: Support Me On Patreon: https://www.patreon.com/mrsotkogaming Follow me on Twitch: http://www.twitch.tv/mrsotko Follow me on Twitter: https://twitter.com/MrSotkoGaming Follow me on Instagram: https://www.instagram.com/mrsotko/ Discord: https://discord.gg/r2Yf8Ae Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG BAT Donation Address: 0xC868a8322A714Bd506aB27768a3DDb9D4d2228Cd mrsotko@gmail.com #bitcoin #crypto #cryptocurrency Powered by WPeMatico

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AP News publishes US presidential election results on the blockchain

Using blockchain-based technologies provides a secure and unhackable record of the state-by-state results as they come in. The Associated Press news agency has been publishing incoming results from the Nov. 3 United States presidential election onto the Ethereum and EOS blockchains. As noted on the developer webpage detailing how to access its AP Elections API, results are being immutably written to blockchain by Everipedia’s OraQle software. While the results are naturally also being published on the AP website, using the blockchain-based Everipedia provides an unhackable and permanent record of […]

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Socios to launch fan token for major Ukrainian esports organization

Navi aims to expand fan engagement with a blockchain-based token. Natus Vincere, a Ukrainian multi-game organization, has announced plans to launch a fan token on blockchain-based platform Socios. According to a Nov. 4 announcement, the token will enable a number of new fan engagement opportunities, including the right to vote in polls as well as the chance to earn unique rewards linked to the organization. The maximum supply of fan tokens will be capped at 5 million coins, with a limited number of tokens available at a […]

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