‘Something sure feels like it's about to break’ — 5 things to know in Bitcoin...
Bitcoin looks set for a fall as a surging U.S. dollar sparks suspicion based on an equally grim macro picture. Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems little to comfort bulls as the week gets underway — and Bitcoin is not done selling off yet.On the back of $4,000 in losses over the past four days alone, price targets....
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When things get more complicated, and layer upon layer of functions and interacting smart contracts are built, the average user will no longer be able to make sense of it all. Despite all of the focus on the Ethereum ecosystem right now, one of the questions waiting to be answered is when the first project making great use of this protocol will come to fruition. Gavin Andresen is waiting for that project as well, and he feels how Ethereum smart contracts could potentially cause issues. It is important to note Gavin Andresen is not hostile towards Ethereum by any means. During a recent AMA....
We all have what feels like an intrinsic understanding of value, though it is actually learned as we come to know our world. A gold bar has value, an empty soda can, not so much. When we encounter new things it's usually fairly easy to assess what kind of value they might hold, but Bitcoin is a different beast. Bitcoin is harder to define and understand, and for many beginning Bitcoiners the question of value is one of the most puzzling. So why does Bitcoin have value? To begin, we really need to understand why anything has value. Fans of post-apocalyptic fiction will often point out that....
Deloitte, one of the “Big Four” accounting firms is launching an exclusive blockchain lab in New York’s Wall Street district to research and develop financial blockchain-based solutions. Calling 2017 the ‘make-or-break’ year for blockchain technology, the lab’s focus will look toward creating “ready-to-integrate” solutions for Deloitte’s clients in the financial services industry. To aid in its effort to develop deployable blockchain solutions, the blockchain lab will see over 20 developers and designers staffed under its roof. The effort will be client-focused, Deloitte says, and will now....
Between the hackings and malicious cyberattacks that have been occurring globally over the past week, it almost feels as if no bitcoin, anywhere, is safe... Now, things have escalated even further, as two bitcoin ATMs in Amsterdam have turned up missing, and thievery is highly suspected. Over the weekend, a lack of activity was noticed from both ATMs through Coin ATM Radar, which took to Twitter to explain the news: "Two bitcoin ATMs have been stolen from @MRBitc0in in #Amsterdam @generalbytes @BitAccess So against Bitcoin spirit". So against bitcoin spirit indeed... This almost feels like....
Americans have had it good for a long time. Since the end of WWII, it has been a privilege to be an American. Since the United States took over the Global Reserve Currency from Britain in 1944 at Bretton Woods, life couldn't be better for an American. When you have a license to print money that everyone else in the world must use, you can do a lot of things the rest of the world can't do. You can create the biggest, baddest military in history. Your culture can flourish with the latest technology in automobiles, computers, sports, media, and Hollywood. You can create, in essence, the....