Day: May 1, 2022

Bitcoin Halving Model Suggests $24,000 Bottom Before Year’s End

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Some analysts say that Bitcoinโ€™s current price action aligns with the Bitcoin halving model, leading them to expect a $24000 bottom before year-end.ย  The topic of Bitcoinโ€™s four-year halving cycle and its effects on BTCโ€™s long-term price is one that has been highly debated within the crypto community.ย  Related Reading | Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low Crypto analysts predicted that the price of Bitcoin would reach $100,000 by 2021. However, it did not get to this level, and now analysts wonder what will…

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant โ€“ News Bitcoin News

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Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoinโ€™s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesnโ€™t change to a proof-of-stake (PoS) consensus algorithm. Other organizations have also attacked bitcoin, hinting at this same change as a possible solution for what are considered drawbacks by some. Solana Creator Believes Bitcoinโ€™s Proof-of-Work Consensus Algorithm Will Affect Its Usage Anatoly Yakovenko, one of the co-founders of Solana, the PoS consensus-based…

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Smartphone text prediction guesses crypto hodlerโ€™s seed phrase

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Seed phrases, a random combination of words from the BIP 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a userโ€™s crypto holdings. But what happens when your โ€˜smartโ€™ phoneโ€™s predictive typing remembers and suggests the words next time you try to access your digital wallet? Andre, a 33-year-old IT professional from Germany, recently posted on the r/CryptoCurrency subreddit after discovering his mobile phoneโ€™s ability to predict the entire recovery seed phrase as soon as he typed down the first word.…

Money Man – Blockchain #SLOWED

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India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister โ€“ Regulation Bitcoin News

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The Indian government is exploring โ€œseveral commercial use purposes and not just financial inclusionโ€ for its central bank digital currency. Indiaโ€™s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. Indiaโ€™s Finance Minister on RBI-Backed Digital Currency Indian Finance Minister Nirmala Sitharaman talked about the countryโ€™s central bank digital currency (CBDC), the digital rupee, this week at a business roundtable on โ€œInvesting in Indiaโ€™s Digital Revolutionโ€ in San Francisco. The event was…

ETHEREUM: Ecco l'unica cosa da fare in questo momento – Analisi Criptovalute

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Fight for Crypto & Dominate the Cyberpunk Metaverse

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Play2Earn games are the future of gamingะฑ all because they completely turned the idea of โ€‹โ€‹โ€‹โ€‹the mechanics of earning crypto and in-game assets ownership. Today you can earn cryptocurrencies just by playing games. One of the most promising P2E games is called CyberCity. We decided to go behind the scenes and find out what makes the game so remarkable and how users can earn money in it. The fight for resources and power: reveal the storyline of the game Cyber โ€‹City Inc is a new game with an open Play-to-Earn…