Day: May 21, 2020

Blockchain Intelligence Firm Wants to Prove Tim Draper Wrong on DeFi

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The latest research from Flipside Crypto purports to disprove Tim Draper’s assumption that the advancements in DeFi will displace the U.S. dollar as the world’s reserve currency. The report starts off by quoting Draper: “The DeFi world is almost as technologically advanced as the dollar, and when it is, there will be no one who will want to accept politically manipulable currencies like dollars anymore.” Not fiat replacement The report focuses on two stablecoins: crypto-backed Dai (DAI) and fiat-backed USDC (USDC). It comes to the conclusion that stablecoin users are…

Here’s How Ethereum 2.0 Could Lead to Negative Annual Issuance

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The imminent launch of Ethereum 2.0 has long drawn the attention of cryptocurrency investors. Many investors have speculated that the blockchain’s transition to a Proof-of-Stake (PoS) consensus system will help onboard new investors due to its steaking incentives. It is also widely anticipated that the 2.0 version of the blockchain will help the cryptocurrency fix its scalability issues that have plagued it throughout the past few years, potentially allowing it to continue sustaining its massive utility growth rate. Analysts are now noting that the fee burn in ETH 2.0 could…

Several Chinese Media Outlets Setup a “Blockchain-Powered News” Department

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A group of 12 Chinese media organizations conformed by television stations, local newspapers, radio stations, and web media allied to create a “blockchain-powered news department” on May 21. According to the report published by China Email, the group is made up of media companies from all over the country. They use solutions based on 4.0 and advantage of blockchain technology in favor of the distribution and exchange of content through the network. The alliance, called “The National Department of Blockchain News Editing,” distributes more reliable and traceable news and media…

This Is the Number One Reason You Should Upgrade to a PlayStation 5 ASAP

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More details on the PlayStation 5 are here. We’ve learned just how much faster it is than the PlayStation 4. Paired with Unreal Engine 5, Sony’s machine is sure to be a beast. It’s not a surprise that Sony’s upcoming PlayStation 5 will be more powerful than the PlayStation 4 and its seven-year-old hardware. That was always a given, but we’ve just learned how much faster it is. And trust me, it’s a big difference. The PlayStation 5 will be 100 times faster than the current hardware. PlayStation 5 Is…

BISA DITINGGAL TIDUR!!! | CARA MINING BITCOIN DENGAN TERMUX MUDAH DAN CEPAT 2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BISA DITINGGAL TIDUR!!! | CARA MINING BITCOIN DENGAN TERMUX MUDAH DAN CEPAT 2020! untuk mining bitcoin di android kita akan menggunakan aplikasi tambahan yaitu termux, dan script untuk menjalankan script mining bitcoin, adapun aplikasi yang kita butuhkan seperti yang ada divideo, sebenarnya bukan hanya bitcoin saja yang bisa kita tambang dengan script ini, tetapi kita juga bisa menambang cyptocurrency lainya seperti lite coin, doge coin dan juga lite coin. Usahakan Tonton Dan simak videonya Sampai Akhir Karena Disini Ada Beberapa Langkah yang…

3 Key Reasons Why Bitcoin Has Further to Fall After Plunging Under $9,000

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Bitcoin hasn’t fared well over the past few hours. After holding the $9,800 support region for days on end, the cryptocurrency has plunged lower over the past 30 hours, reaching a low of $8,800 just minutes ago, according to TradingView.com data. This is the lowest Bitcoin has traded since May 13th, just two days after the block reward halving. Bitcoin price chart from TradingView.com This move caught many traders off guard. Skew.com indicates that since this move from $9,800, ~$80 million worth of BitMEX long positions has been liquidated. Bitcoin…

Albania Approves Europe’s Most Comprehensive Crypto Law Yet

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Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies. The law, “On Financial Markets Based on the Technology of Distributed Ledgers,” first appeared before the Committee of Economy in October 2019 and was approved today with 88 votes in favor, 16 against and 3 abstentions. Introduced by Albania’s Minister of Finance and Economy, the legislation looks to regulate the conditions for licensing all crypto activities in the country. Beyond digital tokens, the law looks to monitor all infrastructure where DLT technology operates.…

Here’s How Trump’s Big Mouth Bludgeoned the Dow Jones Today

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The Dow Jones bled lower on Thursday, reversing part of the previous day’s rally. Today’s jobless claims release revealed that almost 40 million Americans have filed for unemployment since the coronavirus pandemic began. Investors brushed off this data and appeared more interested in Donald Trump’s escalating war of words with China. The Dow Jones suffered a moderate setback on Thursday, but don’t blame it on another worse-than-expected jobless claims report. Although the data revealed that almost 40 million Americans had been laid off in the past nine weeks alone, it was…