Month: March 2020

Ethereum Breaking This Single Level Will Spark a Strong Rally

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Ethereum is still struggling to clear the main $135 resistance area against the US Dollar. ETH price must break the $135 hurdle to start a strong rally in the coming sessions. Ethereum is currently consolidating below the main $135 resistance against the US Dollar. The price is likely to find a decent support near the $130 region. There was a break below a connecting bullish trend line with support near $133 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct a few points towards $130…

‘Can You Imagine BTC Price if it Had Scaled?’

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American Institute for Economic Research editorial director Jeffrey Tucker reignited the long-running Bitcoin scaling debate with a tweet earlier today. The economist — who has long been a proponent of Bitcoin (BTC) — suggested the current price is much lower than it otherwise would have been because the underlying technology has not been “properly scaled”. On March 31, Tucker tweeted: I’m not unimpressed by a $6K price of BTC. I was blown away when the thing reached $30.00. But can you imagine the price today if the thing had properly…

GTA 6 Won’t Be a Next-Gen Launch Title, but It Will Come Shortly After

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GTA 6 might release shortly after the Xbox Series X and PlayStation 5. It probably won’t be a launch title, but a 2021 release is looking more and more likely. GTA 6 is bound to take advantage of new hardware, unlike GTA 5’s “remaster.” Grand Theft Auto 6 might release sooner than you think. A group of financial analysts from Intrepid Capital Funds predicts the title will launch shortly after the launch of next-generation consoles. For once, we have some GTA 6 news that isn’t a baseless rumor. This claim…

Proof of Stake Vs. Proof of Work: Which One Is ‘Fairer’?

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This is the first of two articles providing a deeper dive into the eternal debate between the Proof of Stake (PoS) and Proof of Work (PoW) consensus algorithms. This part will focus on the basics, while also discussing the issue of wealth concentration and inequality, which is often at the center of any community argument. Bitcoin (BTC) and many of the original cryptocurrencies were born as pure PoW systems.  Proof of Stake was first pioneered in 2013 by Peercoin, a project that exists to this day.  Peercoin’s contribution to the…

Trump Predicts ‘3 Weeks Like We’ve Never Seen’ – Tries to Dodge the Blame

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Donald Trump’s coronavirus briefing on Tuesday was the most sobering yet. He said the U.S. is in for a “very, very painful two weeks.” Trump is a large reason why these upcoming weeks will be so painful. Donald Trump and his regime have completed a full heel-turn on their coronavirus outlook. First, he called the outbreak a “hoax.” After the first U.S. death, he downplayed the threat, repeating that “it’s only 22 cases.” But he finally seems to be grasping the magnitude of the situation. During a White House press…

Australian Startup Offers New Spin on Tokenized Gold Trading

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Australian startup Meld Gold will launch a blockchain-based platform for tokenized gold trading in the third quarter of 2020. Meld Gold said the platform will offer a digital method to buy and sell physical gold that is more efficient and transparent than traditional gold markets. Unlike other gold-backed tokens, the issuer doesn’t have a stash of gold in its own custody — rather each token represents one gram of gold held across different companies in the network, including the Melbourne Mint. Meld Gold to launch platform on Algorand The original…

Virtual Blockchain Week Is A Virus-Proof Crypto Conference

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It’s just the kind of event that these sequestered, hunkered-down times call for. With COVID-19 still wreaking havoc on any plans to get more than ten people in a room together, Virtual Blockchain Week is a weeklong conference taking place completely online, and it just so happens that Cointelegraph is the primary media partner for the event. Virtual Blockchain Week attendees simply tune into the appropriate webcast to participate. The agenda kicks off the evening of April 26 and features a full lineup of huge blockchain names giving presentations and…

COVID-19 Unit Nurse Says Hospital Forbade Her to Wear N95 Mask

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A Chicago-area nurse quit her job after the hospital forbade her from wearing an N95 mask. Other nurses have dealt with similar problems. Hospitals across the nation are trying to silence their distraught workers. Amid a troubling mask shortage, a Chicago-area nurse says she bought her own N95 mask to bring to work. But she alleges the hospital told her she wasn’t allowed to wear it. Not even while caring for a COVID-19 patient in a designated COVID-19 unit. In a tearful Instagram video, Imarís Vera, RN, explained she felt…

In a Few Hours, a Crucial Bitcoin Candle Will Close: What To Watch For

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In just over 120 minutes as of the time of this article’s publishing, Bitcoin’s one-month and three-month candles will close. A number of analysts have remarked that the upcoming close will be crucial for the crypto market’s directionality moving forward. Related Reading: This Key Metric Suggests the Crypto Market’s Downturn Will Be Shortlived Levels to Watch For According to analyst Crypto Birb, Bitcoin closing above $6,425 when the monthly candle closes in the very near future would be one of the feasible best-case scenarios for the cryptocurrency: “Bitcoin monthly close…

Binance Futures Hosts Trading Competition With Prize Pool Worth $1M

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Cryptocurrency exchange Binance announced on March 25 that it will be hosting a trading tournament where participants could compete in teams and win a prize pool of up to $1 million in BNB tokens. According to the announcement, the tournament will take place between April 10 and April 25, and will take place in two ways: daily ROI and overall USDT team profit tournaments. Binance explains that all teams that trade in perpetual contracts on Binance Futures during the competition period will be ranked based on the total USDT profit of the…