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The endorsement of blockchain by Chinese President Xi Jinping created a gargantuan knock-on effect that will dramatically increase the technology’s penetration in China, reports cryptocurrency investor and Primitive Ventures founding partner Dovey Wan. Blockchain goes mainstream in China On Friday, Oct. 25, Chinese state media outlets reported that President Xi called for the adoption of […]

The cryptocurrency industry experienced a large influx of capital over the last 48 hours with the market capitalization surging 37.50 percent. The sudden upswing appears to have been triggered after Chinese President Xi Jinping said that China would focus on blockchain development. Despite the bullish sentiment seen across the entire market, Ethereum, XRP and Litecoin […]

The incentivized testnet of Shelley, the next iteration of the Cardano blockchain, is set to roll out in November. Users on the incentivized testnet will be able to earn real ADA rewards from staking that will be moved to the mainnet once Shelley officially rolls out. Shelley’s complex PoS protocol requires serious testing After teasing […]

According to global markets analyst Alex Krüger, the bear trend of Bitcoin is technically over after its abrupt and massive rally. Krüger said: “Technically, BTC bear trend is over. Fundamentally, market changed in the last two months for the worse beyond just price. Miners implosion likely incoming. Impressive BAKKT volume spike (low base effect), now […]

Ryan Sean Adams, a crypto investor at Mythos Capital, believes Ethereum has a significantly better monetary policy than Bitcoin. In his Bankless newsletter, Adams argued that Bitcoin’s fixed supply means there will be fewer funds to subsidize security, while Ethereum’s minimum necessary issuance (MNI) means greater network security. Ethreum prioritizes network security over fixed cap […]

The Bitcoin price surged from $7,600 to $8,400 within a span of minutes on Oct. 25, almost immediately after Chinese President Xi Jinping said that China would focus on blockchain development. Is China a factor? Some investors anticipate that the rare release of a positive stance of the government of China on blockchain development could […]

On Oct. 21, 2019, representatives from Agoric, Tendermint, FOAM, and oscoin gathered at Full Node in Berlin, Germany, to discuss the blockchain space’s current need for interoperability protocols. Although technical in nature, hashing out an inter-blockchain communication standard is as critical as the TCP/IP model was for the Internet. Pundits of both IBC, Cosmos’ interoperability […]

Despite Bitcoin’s recent bearish condition and low market sentiment, the majority of Bitcoin holders are still in profit, according to data from the crypto analytics platform IntotheBlock. Just over 59 percent of addresses hold Bitcoin bought with an average purchase price below $7,470, putting them “in the money” on unrealized gains even after the cryptocurrency’s […]

According to a research team that focuses on DeFi (decentralized finance), the usage of Ethereum (ETH) on decentralized financial networks is on the rise. The DefiPulse team said: “Total ETH locked in DeFi (currently 2.311M) is approaching its all-time high of 2.332M, levels last seen in mid-April 2019. At the moment, ~2.13% of all ETH […]

In a recent interview with CNBC’s “Squawk Box,” CEO at Galaxy Digital Michael Novogratz stated that Facebook could have taken a different approach when it announced the creation of Libra. This would have allowed the project to be kept alive as it was meant to be. Novogratz said: “If Facebook would have come out originally saying […]