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The sharp price movements that characterize Bitcoin’s trend have left different price gaps in the Chicago Mercantile Exchange (CME) Group Bitcoin futures contracts. These gaps tend to get filled later on as the price of BTC develops. The recent 15 percent drop that Bitcoin experienced, in fact, filled a price gap that dates back to […]

If you solved a really complicated math problem all by yourself, you’d obviously want credit for it. This is the central idea behind “proof of work,” the consensus mechanism that powers Bitcoin and a number of other assorted cryptocurrencies. Crypto miners around the world run computer systems that process transactions on these decentralized networks, performing […]

London has beaten New York to become the world’s most active fintech hub by the number of fundraising deals in 2019, collecting $2.1 billion in funding from 114 deals in the first eight months of the year, CNBC reported. While San Francisco—a longtime venture capital powerhouse home to six of the ten largest tech companies […]

On Sept. 25, the crypto market experienced one of its steepest falls in recent years as the bitcoin price abruptly dropped by more than $1,500 in merely hours, sending many cryptocurrency investors to Tether. Tether, a stablecoin said to be run by iFinex, the parent company of a major cryptocurrency exchange in Bitfinex, has often […]

Bitcoin has stabilized around the $8,600-mark hours after a ferocious sell-off led on BitMEX saw price decline more than 13 percent, liquidating more than six hundred million long contracts on the Seychelles-based exchange, according to data on Datamish.com. The decline, Bitcoin’s largest intraday plunge in months, saw the largest cryptocurrency by market capitalization shed 13.5 […]

Kristy-Leigh Minehan, the author of ProgPOW, stepped down as CTO of Core Scientific to focus on ensuring the disputed algorithm gets implemented on Ethereum. Core Scientific loses its CTO, ProgPOW gains a leader Hours ago, Kristy-Leigh Minehan announced she was stepping down as CTO to focus on ensuring the ProgPOW algorithm is implemented on Ethereum. […]

Securitize, a blockchain-based digital securities platform, raised $14 million in its latest funding round. The company secured investments from some of the biggest financial institutions in the world, including Santander and MUFG. Securitize completes $14 million investment round A regulated platform for issuing tokens on the blockchain, Securitize, has completed its latest funding round, raising […]

In the last three hours, the BTC price dropped 15 percent breaking out to the downside of a technical pattern that predicts a further decline to $6,500. The drop coincides with a Bitcoin hashrate drop of over 30 percent and a ruling on the Bitfinex Tether investigation. Bitcoin technical analysis Since June 26, after peaking […]

Miners have expanded the gas limit on Ethereum by 20 percent over the last 10 days, helping address congestion and highlighting an innovative network capability. Over the last quarter, Ethereum has been plagued with congestion as network utilization began to regularly exceed 90 percent. As a result, average transaction fees, in dollar figures, have more […]

NEO joined the Microsoft-created .NET Foundation as a member, the first blockchain organization to do so. It seems the project’s newest executive, Microsoft veteran John deVadoss, is making good use of his connections. It appears NEO’s newest executives are flexing their connections at Microsoft. John deVadoss, the current head of NEO’s Seattle-based development push, was […]