Monthly Archives: May 2021

Why Bitcoin’s Rules Are Enforced By Physics

The laws which govern our physical realm are the foundation upon which Bitcoin is built, as immutability would require. The following article is an expanded, longer version of the original Medium article of the same name by the author, Tomer Strolight, in his series of articles on Bitcoin entitled “Why Bitcoin,” covering many aspects of Bitcoin, each with an average reading time of only three minutes. No Speed Limits Lead To Faster, Safer, More Reliable Cars. The German Autobahn highways have no legally-enforced speed limits. The laws […]

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Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years

Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in an “exponential way.” Morgan Creek’s CEO Sticks to His Six-Digit Bitcoin Prediction The founder of Morgan Creek is again reiterating his prediction that bitcoin (BTC) will surpass six digits in value within the next five years. In a May 6, 2020 interview, Yusko […]

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2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week

CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it’s even listed on major exchanges. Bull market cycles in the cryptocurrency market can be exhilarating for day traders and long-term investors alike, but the speed at which the prices move can make it a challenge for promising new projects that are looking to catch the momentum before the cycle plays itself out. This reality has led to some projects listed on exchanges […]

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Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000

The crypto exchange added that “all customer accounts and funds remain completely secure.” Major U.S.-based cryptocurrency exchange Gemini has experienced two service disruptions today and is now reporting degraded performance in its mobile app, web interface, and application programming interface. According to an update on the Gemini status page, the crypto exchange began investigating reports of potential service disruptions at 13:24 EST today. Though the exchange said it had restored all of its services only minutes later, Gemini reported another service disruption a few hours later, saying […]

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What Is The Ideal Bitcoin Culture?

It is up to us as Bitcoiners to decide what values we want to represent in the community and the industry. Teggy Altankhuyag is the COO and Co-Director of Coinfloor. This is a time of great change and great opportunity — both for the finance sector and, more widely, for society. We in the Bitcoin industry are actively participating in the evolution of money. There’s no denying that our current financial system has its benefits, such as affordable and fast banking and payment processes for some consumers, […]

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Ubisoft selects blockchain startup for its Entrepreneurs Lab

The theme of the sixth annual Entrepreneurs Lab is “blockchain and positive entertainment.” Aleph.im, a blockchain-based storage and computing startup, has been selected to participate in the sixth season of Ubisoft’s Entrepreneurs Lab, offering further exposure to the emerging blockchain industry.  The French video game developer has been running Entrepreneurs Lab for the past six years, offering startups and entrepreneurs the ability to access company resources and expertise as they scale up and commercialize their products. This season’s focus is “blockchain and positive entertainment.” In addition to […]

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Price analysis 5/10: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, BCH, LTC, LINK

Ethereum’s increasing dominance has kept traders focused on altcoins but Bitcoin’s struggle to hold above $59,000 could send the entire market tumbling. The astronomical rally in Ether (ETH) is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000 today, which also pushed the biggest altcoin’s market dominance to over 19%.  It is not only Ether that is witnessing sharp buying from traders. Litecoin (LTC) and Cardano (ADA) have also risen new all-time highs, suggesting a broad-based altcoin rally. However, Bitcoin […]

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HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies

Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property. Crypto mining firm HIVE Blockchain Technologies has sold one of its data centers in the Norwegian municipality of Narvik held since 2018. In an announcement today, HIVE said it had transferred all shares of the firm’s local subsidiary Kolos Norway AS to Narvik in addition to a $200,000 payment. The move came after the Norwegian Parliament approved a bill in November 2018 that would not provide […]

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Ethereum Skyrockets Past $4K Tapping a New ATH, Ether Dominance Jumps to 20%

The price of ethereum, the second-largest crypto asset in terms of market valuation, touched an all-time high (ATH) on Monday, capturing $4,246 per unit. Ethereum has been on a tear during the last year against the U.S. dollar, gaining a whopping 2,129% in 12 months. Ethereum Captures Fresh Price Highs, ‘Flippening’ Begins to Trend Ethereum (ETH) reached a new ATH this Monday, tapping $4,246 per ether. ETH is up over 6% during the last 24 hours and 21.9% over the course of the week. Against bitcoin (BTC), […]

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African crypto exchange registers $3.2B in transactions ahead of global expansion

After a successful run in Nigeria, Quidax announces global expansion plans and the launch of its native token, QDX. After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy. Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed Monday. The figures were published alongside an announcement that the exchange plans to further expand its crypto trading operations beyond Africa. In […]

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