Solution to Blockchain Scalability Problem Proposed by Ex-Microsoft Worker

A public blockchain project called Asensys, led by an ex-Microsoft employee, has been proposed as a solution to the scalability issue of blockchain. A former Microsoft researcher has claimed to have solved the blockchain scalability problem. Asensys, a public blockchain project led by JiaPing Wang,...

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Bitcoin Price and Technical Market Analysis January 31st, 2020

Sellers’ attempt to change the situation by testing the mark $9120 failed. Buyers continue to fix over $9050-9350. Targets for February $10,500 and $13,070 remain unchanged. Yesterday’s trading on Bitcoin market ended with an update of the local high and exit from the range $9050-9350. As the...

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Ethereum Dev Virgil Griffith Pleads Not Guilty in North Korea Case

Former Ethereum developer Virgil Griffith has pleaded not guilty to conspiracy charges filed against him by the US Attorney’s office in relation to a speech he gave at a blockchain conference in North Korea in April 2019. Griffith was arrested on Thanksgiving at Los Angeles International Airport...

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Ethereum Price and Technical Market Analysis January 31st, 2020

Buyers managed to test the global price zone $180-190. The critical point of the local growth trend is around $177. In case Ethereum price will fix above $190, the next target is $220. Yesterday’s trading day on Ethereum market was marked by a test of a critical price zone $180-190. Buyers...

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Trending Bitcoin News and Market Sentiment January 31st, 2020: Crypto Loan Facilities in Great Demand Thanks to Rising Interest from Institutional Investors

Bitcoin touched a new monthly and yearly high at USD 9,633 during early Asian trading on Friday The crypto loaning industry is growing at an ever-increasing rate, with demand from institutional investors fueling the rise of crypto lending platforms   Bitcoin bulls are having a good day, registering...

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Bitcoin Futures CME Trading Generates $100 Billion in Volume Since 2017

One of the products that have become particularly important to the continued growth of the crypto industry is Bitcoin futures. The derivative product has become one of the most heavily traded crypto-based securities. Key Drivers The Chicago Mercantile Exchange (CME) revealed its actual figures with...

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PoS Crypto Rewards Launching on Binance US in February

Binance US will offer staking rewards for simply holding Algorand (ALGO) and Cosmos (ATOM) starting in February Binance US has announced that starting sometime in February users will be able to earn staking rewards for simply holding the cryptocurrencies Algorand (ALGO) and Cosmos (ATOM). Essentially,...

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A Mere 0.08% of Crypto Transactions are Associated With Illegal Activity

Chainalysis found that despite a surge of darknet crypto activity in 2019, illicit activity only accounts for a measly 0.08% of all crypto transactions Chainalysis performed a study which found that crypto activity connected to darknet markets surged 70% in 2019 to USD 790 million. However, despite...

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Swiss Municipality Accepts Bitcoin for Tax Payments

Residents of Zermatt can now pay their municipal taxes with Bitcoin The Swiss municipality of Zermatt and Bitcoin Suisse have teamed up to allow residents of Zermatt to pay their taxes with Bitcoin. This makes Zermatt the third municipality in Switzerland to accept crypto for tax payments, behind...

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Bakkt Bitcoin Options Trading Volume for Last Week was Just Zero

Bakkt, the highly touted cryptocurrency exchange founded by the Intercontinental Exchange, saw zero Bitcoin options traded last week as it continues its hugely underwhelming start to life. The Bitcoin futures exchange, governed by the company behind the New York Stock Exchange, was billed as a gateway...

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Bitcoin Price and Technical Market Analysis January 30th, 2020

The temporary stop of Bitcoin price is ongoing. Sellers’ attempts to counterattack are weak, passive and without volumes. In case of successful closing of Bitcoin monthly candle, the targets for February are $10,500 and $13,070. Today, the situation on Bitcoin market continues to be in favor...

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Over 93.5M Ripple (XRP) Moved Across Exchanges: Market Reaction

Over the past week or so, Ripple has been in the news after it emerged that the company is exploring the option of actually going for an initial public offering at some point. However, in a new development that might not please XRP fans, it has emerged that as many as 93.5 million tokens of the...

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Trending Bitcoin News and Market Sentiment January 30th, 2020: Cambridge Analytica Whistleblower Singles Out Blockchain As Data Protection Solution, Lloyd’s of London Insures Bittrex Cold Wallet Funds for $300 Million

A Bitcoin daily high so far of USD 9,432 ensures that consolidation continues Brittany Kaiser, the Cambridge Analytica whistleblower. says blockchain could address the crisis in data protection Bittrex obtains USD 300 million insurance for its cold wallet funds from Lloyd’s of London   Bitcoin...

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US Presidential Candidate Andrew Yang Praises Blockchain

2020 US presidential candidate Andrew Yang waxed lyrical about blockchain technology in a Bloomber interview Tech innovator and 2020 US presidential candidate Andrew Yang recently discussed blockchain technology and Bitcoin in an interview with Bloomberg. He talked about different aspects of the...

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Bitcoin Price and Technical Market Analysis January 29th, 2020

Buyers without correction started storming $9050-9350. Sellers are not yet willing to defend themselves. If buyers fix above $9350, the next their target will be $10,330. Effectively enough, buyers closed yesterday’s candle in Bitcoin market, entering the price range $9050-9350. Buyers closed...

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