Day: April 23, 2020

3 Ways Ethereum’s Bullish Structure May Prevent a Bitcoin Downtrend

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Ether price has rallied 114% since March 13 and the altcoin could be on the verge of rallying higher.  Increased activity on the Ethereum blockchain and the approaching ETH 2.0 launch appear to be bolstering Ether price and these factors could also benefit Bitcoin’s price action. Unlike Ether (ETH), the Bitcoin (BTC) price is seeing a technically bearish structure in the form of a lower high. This means the BTC daily candle closed at a lower point from where it was earlier this month. Typically, lower highs at a high…

Managing Crowds as Virus Restrictions Ease Will Take GUTS

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As more and more countries seek to ease strict lockdown restrictions, challenges lie ahead managing social distancing in public places to mitigate the risks of a second wave of infections. GUTS, a Dutch blockchain ticketing company, revealed on April 22 that it has devised a digital access system to regulate crowds and demographics in public spaces. The system is a modification of its existing system and app, which has been in use since 2016. The company said it can be up and running at new sites in as little as…

How To Evaluate A Mining Stock – Part 1

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How To Evaluate A Mining Stock: Rob Kientz of GoldSilverPros.com – Part 1 With the #FederalReserve printing at a hyperinflationary pace, #investors are … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Greenback 2.0 — the Digital Dollar

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On April 21, Cointelegraph hosted its first virtual Cointelegraph Talks meetup. The event consisted of two expert panels discussing major news and developments in the crypto world today, especially in light of the COVID-19 pandemic. What we heard on Greenback 2.0 The panel tackling the subject of a United States central bank-backed digital dollar, featured guests with backgrounds in crypto, software, finance, legal and monetary policy.  Morgan Ricks is a professor at Vanderbilt Law and lead author of a paper on FedAccounts for digital dollars that helped shape recent bills…

Stablecoin On-Chain Activity Grows 800% in a Year

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The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst. This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for all stablecoins ranks third in size behind Bitcoin (BTC) and Ether (ETH) and ahead of XRP (XRP).  Over the past year, $290 billion of stablecoins were moved on-chain — in March alone $50.9 billion in value was transferred versus $6.2 billion in April 2019. Source:  TokenAnalyst Dai is most DeFi Despite the growth…

Russia May Lift Telegram Ban Due to Coronavirus Outbreak

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After years of unsuccessful efforts to block Telegram in Russia, the country’s government is now considering lifting the ban due to the coronavirus outbreak. According to an April 22 report by Russian news agency Kommersant, two deputies at the State Duma have prepared a draft bill on terminating the ban of Telegram’s encrypted messenger app in Russia. If you can’t beat it, join it In the bill, the State Duma deputies reportedly argued that Telegram has become an “official service” used by state authorities to raise awareness about the measures…