Day: August 27, 2020

What if Satoshi Nakamoto was Satoshi Nakamoto all along?

boss

Leah McGrath Goodman, the Newsweek journalist who named Japanese-American man Dorian Satoshi Nakamoto as Bitcoin’s founder in 2014, is doubling down on her claim. In an Aug. 25 episode of the Pomp Podcast with Anthony Pompliano, McGrath Goodman revealed details of the research regarding her original Newsweek story including her written correspondence with Dorian Nakamoto. The journalist took Pomp through her investigation, saying that it had been relatively simple to contact some of the “top ten” Bitcoin pioneers over email prior to publication of the March 2014 story. Gavin Andresen…

‘No strings-attached grants’ to prevent DeFi debacles

boss

A new project called Fair Launch Capital claims to be offering a new way for founders to fund crypto networks. According to an Aug. 26 tweet from Fair Launch Capital (FLC), the project will provide access to capital for founders to fund their crypto networks and projects. On a website so basic, it makes Curve’s DOS-style interface look like 4K game graphics, FLC said it is not a venture capital fund and will make a “no-strings-attached grant” to cover a project’s initial audit and launch costs. “The primary barrier for…

Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World

boss

The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when it comes to the crypto economy, but finding reliable information about the subject is “not very easy to find,” researchers stress. It’s safe to say that Russia is one of the regions in the world where cryptocurrency adoption is booming, but it’s hard to…

This Unique Perspective Makes It Clear Bitcoin Cycles Are Lengthening

boss

Bitcoin breaking through resistance at $10,000 was a pivotal moment for the cryptocurrency. At the same time, it also breached a long-term downtrend line and top of a symmetrical triangle formation dating back from all-time high. All signs point to the new uptrend beginning. Halving-based cycle theories point to a new peak by the end of next year. Targets reach as high as $325,000 at the peak. But what if Bitcoin cycles, as analysts on the other side of the argument claim, are lengthening? A new, unique perspective on Bitcoin…

Major crypto firm expects Polkadot (DOT) to become a top 3 blockchain

boss

Spartan Black, a major cryptocurrency fund based in Asia, believes Polkadot (DOT) has more fuel left in the tank and could soar in the top-10 list of biggest cryptocurrencies by market capitalization. Since listing on Binance eight days ago, the price of DOT soared by more than 200% and many analysts believe the price could rise significantly higher.  DOT/USDT daily chart. Source: TradingView.com There are several favorable factors buoying the sentiment around DOT. The protocol does not directly compete against the Ethereum Network, it scales rapidly, and as a result,…

Join us Friday for a livestream about crypto in the music industry

boss

What are you doing Friday afternoon? Cointelegraph is hosting the latest edition of its Cointelegraph Talks series this Friday, August 28, at 3 PM Eastern / 12 PM Pacific on our YouTube channel. We’ll have three entrepreneurs active at the intersection of music and crypto joining us to discuss blockchain’s implications for the music business. Daniel Dewar is founder of media fintech company Paperchain. Jesse Grushack is co-founder of Ujo Music, an Ethereum-based platform for connecting artists with their fans. And Roneil Rumburg co-founded Audius as an artist-centric music streaming platform.…

Tezos is “Flirting with Doom” as It Trades Above Critical Support Level

boss

Tezos is currently in a precarious situation, as it is trading just a hair above a crucial trendline that has been supporting its price and guiding its recent mid-term uptrend. This level was briefly broken below earlier today when XTZ faced a massive influx of selling pressure, but buyers have since been able to step up and guard against any further near-term losses. One analyst is noting that the horizontal support at this trendline is rather weak, which could indicate that further downside is imminent before it can garner any…