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Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position โ Bitcoin (BTC) โ despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s look at the charts. Ethereum pares YTD losses vs. Bitcoinย ETH/BTCย gained 5.5% between the May 9 low of 0.0720 and the May 10 high of 0.0759. ETH alsoย rebounded by almost 9.75% against the U.S. dollar, and Bitcoin underwent a similar upside retracement in the same period. ETH/BTC daily price chart. Source: TradingView…
The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT. Source
With the growing threat of climate change, many industries need precise weather forecasting every hour. Pluginโs blockchain solution provides decentralized, verifiable weather data. Problems with existing weather information technology Weather intelligence platforms collect weather-related information from distributed radar and satellite systems. While this is useful for gathering data from remote corners of the world, it limits the scope of weather forecasts to wider geographic regions, such as cities and states. These generic weather forecasts donโt provide details on how the weather will change in a specific street or neighborhood. But…
Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated. Source
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world as well.ย Psychedelics and longevity Paul Kohlhaas, co-founder and CEO of Molecule โ a platform for biotech decentralized autonomous organizations (DAOs) founded in 2019 โ spoke about pharmaceutical research and its funding on the Zima Red podcast in April. โWe…
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly. Source link
Prince Charles promised legislation on economic crime and financial services as he formally opened a new session of parliament. Source
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature. However, it has also encountered a few unique problems. From resource exhaustion to a halt in block confirmation, the Solana network has suffered a number of setbacks that resulted in repeated power outages, causing the network to shut down for hours on several occasions. The network went down on December 4, 2020, about three years after Solana was introduced, causing confusion in…
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