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Delving into captivating crypto narratives, revealing breakthroughs in decentralization, and offering astute evaluations within the digital assets landscape.

Block.one CEO Brendan Blumer criticizes Bitcoin for its “huge scaling limitations”

Brendan Blumer, one of the executives behind EOS, criticized Bitcoinโ€™s slow transaction times, low transactions per second, and high costs per transaction (when inflation is considered). Brendan Blumer, the 32-year-old CEO of Block.oneโ€”a Cayman Islands-registered firm that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps)โ€”called Bitcoin โ€œfundamentally transformativeโ€ in […]

Block.one CEO Brendan Blumer criticizes Bitcoin for its “huge scaling limitations”

Data shows bitcoin most overbought since 2017: parabolic phase or impending crash?

Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicatorโ€”a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territoryโ€”suggesting it could be entering a “parabolic phase,” or be prepared for another downturn. GTI Global Strength Indicator Warns About Bitcoin’s Massive Rally After a […]

Data shows bitcoin most overbought since 2017: parabolic phase or impending crash?