The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe that Bitcoin (BTC) was overdue for a bounce, given how deeply oversold some of its technical indicators had become. … Read more
Miner Extractable Value. That phrase is essentially one of the biggest fundamental risk spaces that exist for blockchain based systems. The original conception of a blockchain included incentives for miners (or other consensus participants deciding transaction ordering) to earn revenue based on whatever initial block subsidy is entered into circulation each block in addition to … Read more
The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe that Bitcoin (BTC) was overdue for a bounce, given how deeply oversold some of its technical indicators had become. … Read more
Trump-owned company DTTM Operations filed for trademarks on Feb. 24 for the word ‘TRUMP’ in connection with a metaverse and NFT marketplace built around the US President’s brand. In this Trump-themed virtual world, users would be able to shop for physical and virtual goods, dine in a Trump restaurant, enjoy simulated transport by limousine, aircraft, … Read more
Billions Network has launched a digital identification platform that doesn’t require users to hand over their biometric data, a move the company says preserves privacy and goes against the grain of competing projects like Sam Altman’s World. According to a Feb. 28 announcement, Billions Network has created a universally accessible verification platform for humans and … Read more
States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York. “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. … Read more
The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In 2018-2019, tossing the idea of a $100,000 Bitcoin price was considered so absurd that renowned economists took offense and condemned the mere thoughts of … Read more
The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In 2018-2019, tossing the idea of a $100,000 Bitcoin price was considered so absurd that renowned economists took offense and condemned the mere thoughts of … Read more
Dominic Williams, the founder and chief scientist at the Dfinity Foundation — a nonprofit organization that maintains and facilitates the development of the Internet Computer Protocol (ICP) — recently told Cointelegraph that applications should be fully onchain to prevent the user interface compromise seen in the recent Bybit hack. According to Williams, most decentralized applications … Read more
Financial markets are sending mixed signals as uncertainty reaches new highs. On Feb. 25, the US debt ceiling was raised from $36.1 trillion to $40.1 trillion, marking another massive expansion in government borrowing. Following a historical pattern, the benchmark 10-year Treasury yield reacted to the news by dropping from 4.4% to 4.29%. While this may … Read more