Did This Bitcoin Cycle’s FUD Phase Just Begin?

Bitcoin’s price history has followed Gartner Inc.’s “Hype Cycle” model, a branded geographical presentation of a 5-step process by the well-respected computer research firm, noted Zafar Khan, CEO of RPost, a provider of electronic communications, in a recent blog. This gives some legitimacy to the idea that bitcoin and blockchain are maturing and it might be a good time to consider investing in the technologies. The blog also goes into what Khan thinks is really new about blockchain — namely that it is an open source technology — something that is useful in some situations but not others.....

The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch. The South Korean central bank announced on Oct. 7 that it will begin the distribution phase of its central bank digital currency, or CBDC, pilot scheme next year.This will see the digital won enter circulation, with financial institutions getting involved in the distribution and transactions being recorded to the blockchain, according to an article in local media outlet The Korea Herald.As Cointelegraph reported, Bank of Korea's 22-month CBDC pilot scheme launched in....

Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […]

Storj is an open source project aiming to offer a completely decentralized, secure, and efficient cloud storage service that also serves as a peer-to-peer payment system like Bitcoin. Storj allows users to rent out their unused space to other participants. The network uses StorjcoinX (SJCX), as the currency for driving the network. In an effort to ensure a good performance, the Storj team has started a test phase for their network. The team is inviting users who want to participate and accurately deliver reliable and relevant feedback about the network operation. Storj nodes, or average....

The biggest update in Ethereum’s history will officially begin its first phase on December 1 when the Ethereum 2.0 Beacon chain goes live.