Circulating supply data signals XRP may be undervalued; analysts remain skeptical

It’s no secret that XRP has been one of the worst-performing cryptocurrencies throughout both 2019 and even 2020, incurring a significant 40 percent loss against USD last year while failing to catch the full momentum seen by its peers in the early part of 2020. This price action has been driven by a plethora of […]
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Parity Developer confirms Ethereum 2.0 “Schlesi” multiclient testnet is live

Afri Schoeden, one of the lead developers at Parity Technologies, confirmed via Twitter on April 27 the important “Schlesi” multiclient testnet for Ethereum is now running. An important step towards 2.0 The update marks a move closer to Ethereum’s much-awaited 2.0 protocol, implemented to move the cryptocurrency away from a Proof-of-Work to Proof-of-Stake consensus design. […]
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Analyst: Downside may be imminent for Chainlink and Tezos, April’s top crypto trades

Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. During that time, two altcoins managed to break the mold, rallying as the rest of the cryptocurrency market stagnated: Tezos (XTZ) and Chainlink (LINK), the […]
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Cardano (ADA) is looking to challenge subscription industry, launches African initiative

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region. The subscription industry could […]
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Craig Wright wants Bitcoin SV (BSV) to scale inside centralised data centres

Craig Wright, the self-proclaimed creator of Bitcoin and BSV pioneer, claims that the future of Bitcoin lies in big data centers as it was never envisioned as a payment system that works outside of the law. In his latest blog post, Wright explained that the network should be controlled and secured by a small number […]
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Ahead of halving, volatility metric shows Bitcoin is near recent “sell-off” levels

Bitcoin’s recent price rise is attributed to the much-awaited halving event on May 12, but one metric suggests a sell-off is due if past samples are considered.  Metric close to previous levels but not “holy grail” On-chain analytics provider Skew noted Bitcoin’s implied volatility indicator neared previous  “sell-off” zones — specific instances where certain levels […]
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China’s Bitcoin mining hub turns to hydropower to support the blockchain industry

Bitcoin mining operations in China will receive a boost as a local government is encouraging these industry players to help consume the city’s excessive hydropower. Cheaper electricity for crypto miners Bitcoin miners are widely considered as the backbone of the entire Bitcoin network. These specialized computers are collectively responsible for solving complex mathematical equations. Subsequently, […]
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