Day: December 10, 2021

Bitcoin Core developer Samuel Dobson decides it is ‘time to go’

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Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as I approach the end of my Ph.D.” I am officially stepping down as a maintainer of Bitcoin Core. Serving as the wallet maintainer for the past three years has been an absolute privilege, and I want to thank my incredibly generous sponsor John Pfeffer (@jlppfeffer) for his support throughout. /1 — Samuel Dobson (@meshcollider) December…

Bitcoin Active Addresses Recovers Above 1 Million

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The number of bitcoin active addresses had declined following the September market crash but promptly picked up again in October. At the beginning of December, another dip rocked the market that sent addresses plummeting once more. The number had dropped well below the one million mark for the majority of November and stayed low during the bull rally. Despite the red trends recorded by the market, the first week of December has proven to be good for the market. The number of bitcoin addresses rose significantly in the last seven…

Indian PM calls for cryptocurrencies to ’empower’ democracy at global summit

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Cryptocurrency made an appearance at a global online summit for world leaders in a speech from Indian Prime Minister Narendra Modi. At Friday’s events for the Summit for Democracy hosted by U.S. President Joe Biden, Modi said India would be willing to offer other countries “innovative digital solutions” to facilitate free and fair elections and governance. In addition, the Prime Minister called for a global standard on cryptocurrencies and major social media platforms, likely referring to the impact some have had on politics in India as well as many other…

Point of no return? Crypto investment products could be key to mass adoption

The first Bitcoin (BTC) futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various markets. That first ETF, the ProShares Bitcoin Strategy ETF, quickly became one of the top ETFs of all time by trading volume on its debut, and soon after, several other Bitcoin futures ETFs were launched in the United States, providing investors with different investment options. To Martha Reyes, head of research at cryptocurrency trading platform Bequant, these…

Why the world’s largest museum is embracing NFT technology

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Eventually, all museums will build their digital copy in the metaverse, according to Dmitry Ozerkov, the head of the contemporary art department at the State Hermitage Museum.  Ozerkov is currently developing the “Celestial Hermitage”, a digital version of the iconic Russian museum, which will be exhibiting nonfungible (NFT) art.  “We are all moving into the digital era and our digital twin will be following us everywhere”, Ozerkov told Cointelegraph in an exclusive interview.  The State Hermitage in Saint Peterburg, Russia, is the largest museum in the world by gallery space…

Sifchain Partners with Nervos as Part of Omni-EVM Movement

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Sifchain is committed to creating a blockchain and cryptocurrency world where any asset across the globe can move freely between different blockchains and do so quickly and at the cheapest price possible. Thanks to the project’s new partnership with Nervos, that reality is getting closer and closer. The Nervos Network aims to create an all-encompassing build architecture that allows dApp developers to build once and reach all of the users, everywhere. What the Partnership between Sifchain and Nervos Means for Blockchain Users If there is one thing that has become…

Trader who called 2017 Bitcoin price crash raises concerns over ‘double top’

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Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017.  The bubble has been popped. Bull market in $BTC over for some time. For analog look at Gold chart from 2011 on wards pic.twitter.com/AUSiGH0eCg — Peter Brandt (@PeterLBrandt) December 22, 2017 The Factor LLC CEO recalled Bitcoin’s inability to extend its price rally above its previous all-time high near $65,000 after a second…

Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation – Regulation Bitcoin News

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A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector. All options are being discussed including full and partial regulation as well as a complete ban and a partial ban. Indian Crypto Regulation to Be Decided by Prime Minister Modi Indian Prime Minister Narendra Modi will take a final decision on the country’s cryptocurrency regulation, the Economic Times reported Friday, citing two people familiar with the development. A high-level meeting…