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Day: February 14, 2022
Bitcoin Holds Above $41K as Hashrate Surged to All-Time High
Hashrate levels hit all time highs of 248.11 million terahashes per second on Saturday. Original
The Role of Blockchain Technology on Restructuring The Gaming Industry
Gaming has become an integral part of our daily lives worldwide. The gaming industry is raking in billions of dollars year after year, attesting to its profitability and widespread adoption. According to Statista, more than 3.24 billion gamers worldwide were actively or passively involved in gaming last year. Despite the massive size of the gaming industry, gamers have expressed concerns about the traditional model of gaming, which is the โpay-to-winโ model. Traditional gaming requires players to acquire in-game assets to rank up and achieve particular goals, which can strain the…
Ethereum Prints Bearish Technical Pattern, Why It Could Revisit $2.5K
Ethereum settled below the $3,000 support zone against the US Dollar. ETH price could continue to move down if it stays below the $3,000 pivot level. Ethereum started a downside correction after it failed to stay above the $3,200 level. The price is now trading below $3,000 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline if there is a clear move below the $2,800 support…
LBank Exchange Integrates Chainlink Price Feeds for Secure Perpetual Futures Prices โ Press release Bitcoin News
press release PRESS RELEASE. Lbank excited to announce that LBank Exchangeโthe world-class digital asset trading platformโhas integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds needed to help secure perpetual futures trading on the platform. This will provide our users with stronger assurances that LBank futures contracts are using reliable, high-quality market data for asset prices. Chainlink was chosen as the go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps…
Ethereum (ETH) Options Analysis Through Bitcoin's (BTC) Eyes | Market Update Livestream
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Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain โ Blockchain Bitcoin News
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorganโs JPM Coin. The test fulfills the central bankโs goal of creating safe and efficient settlement solutions for customers. Eliminating Inefficiencies in the Cross-Border Payment Arena With CBDCs Bahrainโs central bank recently said it had piloted its first cross border funds transfer using the JPMorgan blockchain. The transfer, which was carried out in partnership with Bank ABC, is the latest step taken by the CBB…
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Crypto Is No Match for Well-Designed Central Bank Digital Currencies โ Regulation Bitcoin News
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). โIf CBDCs are designed prudently, they can potentially offer more resilience, more safety, greater availability, and lower costs than private forms of digital money,โ she said. IMF on Crypto, Stablecoins, and CBDCs IMF Managing Director Kristalina Georgieva gave a speech last week at the Atlantic Council in Washington D.C. regarding the future of money, cryptocurrency, and central bank digital currencies (CBDCs). Noting that…