How Bitcoin Set Itself Up for This Sell-Off

Ever since the massive rally culminating in the all-time high of $68,990.90 on Nov. 10, prices came down and stayed south of $60,000 over for the most recent couple of weeks. Some of the hype, it seems, was related to the bitcoin futures exchange-traded fund (ETF) launch, and the subsequent letdown seems likewise to reflect a market that doesn’t know what to do next. Original

Inside the blockchain developer’s mind: Blockchain consensus, Part 1

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the “crises” that are holding back blockchain adoption: upgradeability, scalability, and governance. This series is focused on the consensus algorithm: part one is about proof-of-work, part two is about proof-of-stake and part three is about proof-of-burn. …

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns – Mining Bitcoin News

Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s. Bitcoin’s Hashrate Climbs Higher Following Difficulty Decrease Following the price drop under the $50K zone, Bitcoin’s (BTC) hashrate remains strong and has increased more than 7% higher during the last week. At the time of writing, BTC’s hashrate on Sunday is 181.59 EH/s as…

Bitcoin stabilizes at $49,000 after Friday’s overnight plunge

The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953 around 9:15 a.m. Sunday on Wall Street, according to data from Coin Metrics. The move towards the $50,000 mark comes after bitcoin dropped to a low near $43,000 on Saturday, after trading around $57,000 on Friday. Bitcoin’s sharp tumble follows…

6 Questions for Mati Greenspan of Quantum Economics – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Mati Greenspan, a crypto analyst and the founder and CEO of Quantum Economics, an investment analysis and consulting firm for the cryptocurrency space. Mati is the former senior market analyst at eToro and a licensed money manager in the European Union. He’s the co-author of the e-book The Complete Guide to Fintech…

Crypto Conference DeFiCon 2021 to Be Hosted on December 18-19 in Brooklyn, NYC – Press release Bitcoin News

press release PRESS RELEASE. The next crypto conference lighting up the season is DeFiCon 2021, hosted on December 18-19 in Brooklyn, NYC. As a nonprofit conference, DeFiCon steers away from the typical corporate and for-profit conference model. All of DeFiCon’s net proceeds will be donated to charity. The event is also engages civic leaders and activists. Featured keynote speakers are Stani Kulechov, the Founder and CEO of AAVE, Jaz Gulati, the Co-Founder founder of Ren Labs, and Kieran Mesquita, Chief Scientist at RAILGUN. As a crypto native event, DeFiCon tickets…

The Innovation at the Heart of the Global Crypto Transformation

This episode is sponsored by NYDIG. Download this episode This week’s Long Reads Sunday is a reading of Dan Jeffries’ “The Future of Money: A History.” “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: KTSDESIGN/Science Photo Library/Getty…