Bitcoin Price Achieves Stability: Why It Will Continue
The current rise in bitcoin’s price is more stable than its previous price changes, according to Martin Tillier, a financial advisor writing in Nasdaq, a provider of exchange technology, trading, information and public company services across six continents. Tillier says bitcoin’s previous price hikes were mysterious, but the current one is due to the devaluation of China’s currency. Because this is a logical reason for the price surge, the market is acting with a forward discounting mechanism and some degree of appreciation is now built into the price. In addition, the interest from....
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If Bitcoin achieves stability or further bullishness in the sessions ahead, it could help its rival asset Chainlink (LINK) add more value to its market capitalization.
Bitcoin is unusually stable. Bitcoin has been dancing around the $450 mark for the past month or so. Markets are asking questions about where the value is going as well as asking why the price is showing such a level of stability. Bitcoin is a volatile currency and evidence of growing stability has to be viewed positively, especially in light of the hardening of stance this week from the PBOC. The cryptocurrency is now in a place where external factors are causing fewer and fewer unexpected changes to the bitcoin price. We are, as a community, seeing the Bitcoin price gain stability and....
The Free TON community declares achieving sufficient decentralization and mainnet status as a consequence on December 22, 2020. One of the Most Decentralized PoS Networks in the World Free TON was launched May 7, 2020 as a true community-driven, decentralized blockchain network. No ICO. No entity. No funding. No token sale. TON Crystals are distributed on the basis of merit. Bring something, get something. Tangible contributions to the network via contests or collaboration proposals, coupled with diverse use cases, are used as token dissemination triggers. To date, over 100 contests have....
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Decentralized finance lending and stablecoin protocol MakerDAO has adjusted stability fees across a wide range of crypto assets used as collateral on the platform.The move comes as the demand for DAI and other stablecoins has cooled amid the recent crypto market retracement, with Maker hoping to drive up demand for DAI minting through the reduction in fees.⚠️Maker Protocol Changes ⚠️ (1/5) ETH-A Stability Fee: 5.5% → 3.5% ETH-B Stability Fee: 10% → 9% ETH-C Stability Fee: 3% → 1% WBTC-A Stability Fee: 4.5% →....
The Nvidia GTX 750 Ti has come up trumps in a comparison of mining GPUs. Just when we all thought that AMD is king of the hill, along comes a Nvidia contender powered by their heavily plugged Maxwell chip - and knocks the R7 for 1st place. A recent comparison test done by Tom's Hardware reveals the facts: More Speed For Less Power. The GeForce GTX 750 Ti achieves 245 kh/s which is almost 40 kh/s faster than its nearest AMD rival, the R7 260 X which outputs 206 kh/s. The GTX 750 Ti achieves the hash rate by consuming only 60W of power compared to the R7 260 X's 130W. Although the Nvidia....