Over the past week, the cost of the Ethereum Classic altcoin has increased by 40%, representatives of the crypto community associate this dynamics with several events in the crypto world. Over the past 7 days, the Ethereum Classic has risen from approximately $ 5.50 to $ 7.30. ETC currently ranks 16th in terms of market capitalization, following the Dash altcoin. It is assumed that one of the triggers for the growth of the Ethereum Classic rate is Atlantis hard fork, which is scheduled for September 13 at block 8,772,000. Hard fork aims to improve the security of the ETC network,…
Author: BlockchainJournal
CoinDesk Markets analysts concluded that the Bitcoin dominance index has already peaked and the so-called “altcoin season” will soon come. In particular, experts found on the chart of market capitalization a doji candle with a long upper shadow, which is also called “Tombstone”. The appearance of such a pattern after an uptrend can mean a future change in trend. #Altcoin #altcoinseason here … # BTC #dominancerate is looking […]
At least three Libra members have decided to leave the project due to pressure from regulators and politicians. Representatives of the Financial Times said on the eve that companies that previously planned to invest in Libra are considering ways to refuse to participate in the project. It was assumed that 28 members of the Libra Association will invest in Libra, among them: Visa, Mastercard, PayPal, as well as Uber and Spotify. It was assumed that each participant in the innovation project invests $ 10 million in Libra. Regulators' close attention to the Libra project raises concerns among some partners, some…
Dominance Bitcoin – a leading market share in relation to the cryptocurrency altkoinam. This figure ranged between a maximum of 96% in November 2013 and a minimum of 33.4% in January 2018, during the so-called altcoin season. After the Bitcoin run in 2019, dominance from 51% at the beginning of the year rose to the current 70%. Nevertheless, a new study shows that the real dominance of Bitcoin is approximately 90%, which is much more than the values indicated now. To get a percentage on each coin, the turnover must be multiplied by the price of the coin, and then…
Sergey Prilutsky, a well-known blockchain expert, head of the research department at MixBytes and the SmartZ project during the Telegram Eventing shared detailed information about the TON project of Pavel Durov. The data was obtained after studying classified information about the current state of TON development and will be interesting not only to specialists, but also to a wide range of potential investors. Public Information Funding for the development of the TON project was collected during two rounds of closed ICOs. Thanks to this, it was possible to raise $ 1.7 billion of investments, the minimum size of the stake…
At least three Libra members are considering leaving the project from the largest social network Facebook, according to the Financial Times. According to the publication, two members of the Libra Association are discussing what should be the "next right steps." A third unnamed member of the association is seriously concerned about possible problems and excessive oversight by regulators. In a conversation with the Financial Times, one of the partners stated, […]
According to the technical indicator of Bitcoin Days Destroyed (BDD), the price of Bitcoin (BTC) should rise much higher in the current market cycle. This is written by Hans Hauge, an analyst with the Ikigai cryptocurrency fund. According to Hauge, the current mood in the Bitcoin market is similar to the mood in early 2017, that is, just a few months before the cryptocurrency reached its historic maximum of $ 20,000. On his Twitter, he wrote : Bitcoin bubble tops are clearly identified with a dark red cluster of Adjusted Binary BDD. Until that happens, we're not at the top.…
The Tech Week platform brings together the best entrepreneurs from different parts of the Russian Federation and abroad twice a year. At the autumn meeting, the organizers plan to gather 2,000 people. The conference will bring together more than 200 speakers, among which 5 leading foreign entrepreneurs are scheduled to speak. Traditionally, an exhibition of smart projects to solve business problems will function during the event. Promo video of the event : [embedded content] Tech Week 19 is a four-day applied conference and exhibition on innovative technologies for business. Unlike other events, Tech Week is a huge educational hub where…
After 10 years, the world will move into a new era – the era of big data. Instead of a weather widget on the smartphone screen, he himself will tell you what is best to wear. At breakfast, the phone will show the road along which you will quickly get to work and when you need to leave. Under the influence of Big Data, everything that a person does not touch will change. We will figure out what it is, and also consider the real application and prospects of the technology. What is Big data? Big data is an information…
A well-known Bitcoin supporter, Patrick Byrne, has announced his resignation as executive director of retail giant Overstock, the company he founded and led for 20 years. As official reasons for such a decision, Patrick Byrne calls investors “certain issues related to the government” in today's letter, making it clear that it is directly related to the recent recognition in […]