Somehow, someway, the price of Bitcoin has continued to show resilience after March 12’s capitulation event, decisively retaking $7,300 just minutes ago after trying an failing to surmount this level multiple times over the past few days. As of the time of this article’s writing, BTC is trading at $7,295, up 8% from the session open and up over 20% since last week’s lows under $5,900. Bitcoin’s latest bout of strength comes as the stock market has managed to mount a strong comeback, despite the coronavirus outbreak and economic…
Day: April 6, 2020
What’s Next For Bitcoin Price After It Just Reclaimed $7,300?
Somehow, someway, the price of Bitcoin has continued to show resilience after March 12’s capitulation event, decisively retaking $7,300 just minutes ago after trying an failing to surmount this level multiple times over the past few days. As of the time of this article’s writing, BTC is trading at $7,295, up 8% from the session open and up over 20% since last week’s lows under $5,900. Bitcoin’s latest bout of strength comes as the stock market has managed to mount a strong comeback, despite the coronavirus outbreak and economic…
Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow
One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article was extremely popular and translated into multiple languages. However, skeptics believe the S2F model is faulty and it’s most prominent supporter has said S2F is not entirely accurate, but “an order of magnitude right.” Also…
Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow
One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article was extremely popular and translated into multiple languages. However, skeptics believe the S2F model is faulty and it’s most prominent supporter has said S2F is not entirely accurate, but “an order of magnitude right.” Also…
Vonage Co-Founder Launches Decentralized Videochat App to Battle Zoom
Jeff Pulver, a Voice Over Internet Protocol (VoIP) pioneer and the co-founder of Vonage, has launched a decentralized application (dApp) that claims to provide the “most secure end-to-end business communications network” available. The move follows reports last week that rival videochat app Zoom exposed personally identifiable information and private conversations on the open web. Centralized data storage provides a centralized point of failure According to Pulver, the problem with existing communication solutions is that they route all business and personal data through one central point. This creates a huge security…
Slush Pool Creators Improving Bitcoin Mining Security with New Software
Braiins, the creators of Slush Pool, has integrated new software into its BOSminer software suite, which is the first working implementation of the Stratum V2 protocol. The firm says the new software will improve the security and efficiency of mining pools, according to reports on April 6, 2020. Braiins Improving Bitcoin Mining Security Due to Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News Original
Bitcoin How To MASTER The Game [2020]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin – how to master the game – these are the tips you need to help give you an edge in investing! CRYPTOCURRENCY EXPLAINED BEGINNER … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin
Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Take Free Government Money and Buy Bitcoin The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small business owners on…
European Commission Backed Blockchain Organisation INATBA Joins WEF COVID Action Platform to Address Global Challenges
The Brussels-based International Association for Trusted Blockchain Applications (INATBA) has joined the World Economic Forum’s COVID Action Platform which brings together the World Health Organization (WHO), corporate CEOs and top experts from leading global organisations to coordinate multi-stakeholder contributions into the fight to combat the global spread of coronavirus. According to a post from INATBA director Marc Taverner: “This is an excellent example of how INATBA’s members collaborate and leverage their combined skills and expertise from multiple sectors to support public-private efforts to address the diverse set of challenges facing…
Blockchain-Fueled Company Mateon Develops Phase 3 Clinical Drug Candidate, Against COVID-19 – OT-101
Blockchain company Mateon Therapeutics (OTCQB:MATN) has delivered the requisite testing results to Golden Mountain Partners (GMP) confirming the applicability and potential use of OT-101 for the treatment of COVID-19. Amit Shah, CFO of Mateon stated: “I am excited about the potential use of OT-101 against COVID-19. I congratulate the Mateon team on achieving this important milestone and I look forward to working with GMP to bring this important therapeutic to fight against the current COVID-19 epidemic and future epidemics.” Mateon claims that OT-101, a TGF-β antisense drug candidate, exhibited potent…