Day: March 4, 2020

Credits Project Launches New Mainnet Release

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On February 27, 2020, Credits launched a new release of the blockchain platform. The new version of the network has been made available for public installation and is open for use by all validators and users. The Credits project has launched its new Mainnet version to sustain the growing demand for its infrastructure services and to update the existing system. More than 120 nodes run by validators are currently maintaining the operability of the Credits blockchain network. The new Mainnet version of the network includes a number of advantages over…

Dow Jones Won’t Recover Until Trump Steps Up for Wall Street

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The Dow Jones has fallen almost 13% since February highs as coronavirus panic grips the market. The Federal Reserve emergency rate cut wasn’t enough to stop the bleeding on Tuesday. Only Trump can turn things around with a wave of fiscal policies to support the economy. We learnt one thing in yesterday’s brutal selloff. This is a crisis the Federal Reserve can’t solve. Despite an emergency rate cut – the first since the 2008 financial crisis – the Dow Jones fell almost 1,000 points. It’s obvious now that central bank…

“Rocket Fuel” Catalysts Can Boost Bitcoin in Short-Term, Analysts Say

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Bitcoin plunged on Tuesday, dropping by $157, to circa $8,757. But there could be profits as more traders view the benchmark cryptocurrency as safety against ultralow interest rates, according to popular market analyst Ivan Liljeqvist. The Stockholm-based blockchain influencer said the central banks are blowing the global economy unsustainably via artificial money printing and unnecessary rate cut programs. He called their attempts to safeguard the economy since the 2008 financial crisis “desperate,” adding that it would serve as “rocket fuel” for bitcoin. “[Central banks] really don’t have a lot of tools in…

P2P Cryptocurrency Exchange Development with Escrow Services

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It sounds quite important and unique when we get to know about both the peer-to-peer combining escrow services. As it resembles, it means the P2P cryptocurrency exchange with escrow services. You will be aware of the P2P crypto exchange platform that furnishes bitcoin escrow services. In that way, here we will discuss in detail about the Peer to Peer crypto exchange with escrow services in it. Before getting to know about P2P escrow, let us have a look in separate about the peer to peer crypto exchange and what is…

How to Earn Bitcoin (BTC) Really Fast Even in a Bear Market?

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2019 is a year full of mixed feelings for crypto traders. The bitcoin price started from $3,689 and once went to the moon at $13,879 but finally ended at $7,179 on the last day. Bitcoin gave so many chances for spot traders or futures traders. The compound annual growth rate of +94.61% makes bitcoin one of the most valuable investment assets of the world. However, the Bitcoin prices have gone down to $8,500 from $10,000 two weeks ago. Is it a bear market? How to make money quickly through the…

Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst

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A report by Marcus Aurelius Value, an analysis organization, argues that the Nasdaq-listed ASIC manufacturer Canaan (NASDAQ: CAN) misrepresented its potential revenue for 2020. At least one of its clients is an alleged related party who is unable to honor the $150 million purchase contract. Aurelius Value also considers Canaan’s AvalonMiner series to be uncompetitive within the ASIC market, noting that the manufacturer’s R&D budget is vastly inferior to competitors like Bitmain. Following the Feb. 20 report, the analysts have deemed the company’s stock to be uninvestable and revealed that…

Sony’s Iconic PlayStation 2 Anniversary Will Make You Feel Old

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The PlayStation 2 was released on March 4, 2000. It remains to this day the best selling console of all time. The PS2 was the first home of many of today’s biggest franchises. Sony’s PlayStation 2 console released twenty years ago today on March 4, 2000. Has it been that long? The PlayStation 2 Is Twenty Years Old Today Many will fondly remember the console’s blocky aesthetic. The ethereal quality of the gentle synth stab and floating orbs of that no iconic boot-up sequence are etched in many a player’s…

Bitcoin Hitting $135K This Bull Cycle Is ‘Common Sense’ — Willy Woo

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Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed. Speaking to RT financial news show the Keiser Report on March 3, Willy Woo said that described BTC/USD hitting $135,000 as a “common-sense prediction.” Woo to Keiser: BTC could soon clinch $250K Woo highlighted the cumulative average Bitcoin price as a particularly effective metric for forecasting future gains.  “You go could 35 times the cumulative average of the price — and that’s actually picked every single…

Viral TikTok ‘Skull-Breaker’ Challenge is the Internet Hitting Peak Stupid

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Social media has provided many memorable moments, including planking, the ice-bucket challenge, and the cinnamon challenge. The latest challenge has to be the dumbest we’ve seen yet, resulting in not just head injuries but also broken bones and even Seizures. There have been two arrests thus far, but it’s unlikely they’ll be the last if this ridiculous fad continues. It was only a matter of time. The reaction to the TikTok skull breaker challenge is anything but shock. No one is surprised by this latest ridiculous internet fail that’s doing…

It’s a ‘Historic Day’ for Crypto in India

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Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country.  A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’ services to crypto-related firms was unconstitutional. Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon, which first broke news of the ruling — shared his analysis of the likely impact of today’s judgment. “Positivity for the entire ecosystem” RBI first issued its ban on banks’ dealings with crypto businesses back in…