Miners, Gaps and a Giant Short: 5 Things to Know for Bitcoin Price Now
A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week. Go to Source Powered by WPeMatico
DIGIT
Stablecoins Can Transfer Value Across Blockchains, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Go to Source Powered by WPeMatico
This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.” However, today’s system, that’s currently practiced in the U.S. and many other … Read more
Blockchain to Play Crucial Role in VR-Powered Social Media
Blockchain will play a fundamental role in the convergence of social media and virtual reality, say experts Go to Source Powered by WPeMatico
Africa Is Experiencing a Crypto Renaissance
Crypto use and adoption is beginning to see significant growth across Africa Go to Source Powered by WPeMatico
BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24
Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht. Go to Source Powered by WPeMatico
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial real estate markets. Massive Declines … Read more
China’s Congress Proposes Blockchain Development Fund
NPC, China’s parliament suggests a government backed blockchain development fund to build a better governance system. Go to Source Powered by WPeMatico
Binance Backs Controversial Steem Fork Despite Earlier Promises
The ongoing drama involving the Steem project is seemingly not coming to an end just yet. Binance’s involvement in this entire matter is also raising a lot of eyebrows, and may hurt the company’s reputation in the long run. It is evident that Steem underwent yet another hard fork. Binance Gets its Share of Steem … Read more
Bitcoin Price Drops to $8,840 — Key Metrics Signal BTC May Correct Further
As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019. Go to Source Powered by WPeMatico
