After forming a support base above the USD 8,850 level, bitcoin price climbed above the USD 9,000 pivot level. BTC/USD even surpassed the USD 9,100 level and it might continue to rise steadily towards USD 9,280 and USD 9,450 in the near term. Similarly, most major altcoins are gaining bullish momentum, including ethereum, XRP, litecoin,…
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Today’s Ethereum developer call lasted three hours, during which a tentative decision to reintroduce ProgPow as Ethash 2.0 was made despite lacking unanimous consensus. The Ethereum (ETH) All Core Devs call to decide on the fate of ProgPow was held on March 6. Despite a tentative decision to reformulate the mining algorithm as “Ethash 2.0,”…
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Litecoin (LTC), the cryptocurrency created by Charlie Lee as a near-identical copy of bitcoin (BTC) in 2011, is once again gaining interest from investors as the price bounced off a key technical support level, while developers reveal that a testnet with new privacy features can be expected by the end of the summer. As of…
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Unstoppable Domains, a San Francisco-based company that’s building blockchain domain names, has launched a Google Chrome web browser extension, saying it wants to bring censorship-resistant websites, based on the Ethereum network, to its users. Google Chrome is currently the most-used web browser in the world, with hundreds of millions of people using it, given that…
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Another day of heavy losses on traditional markets has yet to impact Bitcoin, which has held onto $9,000 after retaking the level on Thursday. Bitcoin (BTC) price held $9,000 on March 6 as the spread of coronavirus played havoc with traditional markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin turns $9K from resistance into support…
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Source: iStock/Bychykhin_Olexandr Following warnings in January that “unforeseen incidents” may occur and potentially affect bitcoin (BTC) price, the Chief Commercial Officer (CCO) of major crypto payment processor BitPay, Sonny Singh, now says that the Coronavirus could be such an incident. However, according to him, it’s too early to tell whether it’s time to revise his…
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Venezuela’s biometric authentication-powered crypto payment system is still down, over two months after it went offline, causing havoc for traders across the country. The Biopago platform was the brainchild of the central Bank of Venezuela and allowed citizens to make payments in the petro (PTR), the country’s oil-backed, state-issued token, using fingerprint sensor Read more…
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In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms…
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Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s user base. Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base. In a series of tweets on March 4, Armstrong illustrated how the…
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Vitalik Buterin. Ethereum (ETH) has a plan to fix its well-known scaling issue, and co-founder Vitalik Buterin says the solutions will start rolling out soon. In an interview with BLOCKTV this week, he said that scaling, a major Ethereum problem that’s been pointed out many times, is something the team will be dealing with in…
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