Day: April 22, 2020

Alleged Reinstatement Guru Explains YouTube Crypto Bans

boss

YouTube has banned a number of crypto channels recently, often restoring them shortly after. Adam Charles, senior communications manager for DeFi solution, Kava, said he has been working to help these channels get back online.  Charles stated that he works with multiple Telegram influencer groups to get these YouTube accounts back up. “We have developed a series of motions to cycle through when one’s channel comes under fire,” Charles told Cointelegraph. Charles added: “The first of which is to enter one of the Influencer telegram groups and ask if the…

The Stablecoins Movement — Toward Stability in Crypto Assets

boss

Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the first wave of crypto assets — of which Bitcoin is the most popular — is failing as a reliable means of payment or store of value in several ways. They are susceptible to complicated user interfaces, highly volatile prices, issues in governance and regulation, and limits to scalability, among other challenges. Thus, instead of serving as a means of payment, cryptocurrencies…

Privacy Altcoin Beam to Execute Second Hard Fork in June 2020

boss

Privacy-focused altcoin, Beam (BEAM), will soon execute its second hard fork. This fork will upgrade its Proof-of-Work (PoW) algorithm and activate new network features. According to an April 22 blog post, Beam’s second fork will occur at block 777,777, shifting the network’s PoW algorithm from BeamHash II to BeamHash III. The new PoW algorithm is expected to be a major improvement to the Beam mining network, and will enable fuller GPU card capabilities. Additionally, the firm said that the hard fork is designed to unlock some new features like confidential…

Industries Turn to Blockchain to Track Carbon Emissions

boss

As the world celebrates the 50th anniversary of Earth Day, a number of industries appear to be looking toward blockchain to address one of today’s largest global threats: climate change. The Paris Agreement, which was signed into effect in 2016, addressed the long-term goal to keep a global temperature rise to less than two degrees Celsius before the end of the century. According to a recent U.N. Environment Program report, annual emissions have to be reduced by 29–32 gigatonnes of equivalent carbon dioxide by 2030 in order for the Paris…

Bitcoin Is Setting Up For 2017-Like Bull Run

boss

A recent Bloomberg report states that Bitcoin (BTC) is preparing for a massive bull run. Even the report’s name is bullish — “Bitcoin Maturation Leap”. The report mentions a number of reasons that the Bitcoin market is maturing, and that it is due for a bull run. It also affirms that “Bitcoin is gaining relative fuel as stocks reset, if history is a guide”. Bitcoin becoming digital gold Furthermore, Bloomberg says that Bitcoin and gold, both considered hedge assets, are expected to win the most from the recent COVID-19 induced…

Bitcoin Price Breaks $7,000 as US Stock Market Sees Minor Uptick

boss

Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time this week. Market visualization courtesy of Coin360 Bitcoin price is currently up by 3.72% on the day, trading at around $7,079 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 5%. Bitcoin 7-day price chart. Source: Coin360 The total market capitalization of all cryptocurrencies at time of…