Paper Bitcoin On The Rise: Is This The Reason Behind BTC’s Crash?
Data shows that ‘paper’ Bitcoin has observed a notable surge recently while the cryptocurrency’s spot price has plunged down. Paper Bitcoin Has Been Rising While Spot BTC Has Stayed Stale In a new thread on X, analyst Willy Woo has talked about the state of the Bitcoin market. BTC has been seeing a bearish trend […]
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Cryptocurrencies (abbreviated 'cryptos') have been having a great day - most of their values are up. Out of the top ten cryptos (measured in market cap), Quark is up the most in the last 24 hours with a 73% rise in value, Dogecoin the second most at 58%, followed by Peercoin at 39%. Almost all of the top 11 cryptocurrencies have been on the rise in the past 24 hours. What's causing the sudden spike? There are numerous theories as to why cryptos are on the rise. Some (mainly in the Dogecoin community) jokingly say it's due to the lunar eclipse two nights ago - the eclipse powered the moon,....
Last night I watched and enjoyed The Rise And Rise of Bitcoin. I recommend the film to everyone, to Bitcoin experts and enthusiasts as a useful historical recap and motivation booster, and to newcomers as a good first introduction (newcomers should also read the book "Bitcoin and the Future of Money"). I watched the film with my wife, who isn't into Bitcoin and technology. She found it informative, entertaining and understandable, and gave it a 4 out of 5. I think she gets Bitcoin now. The film is narrated from the point of view of the filmmaker and Bitcoin enthusiast Daniel Mross, and....
Bitcoin is barely recovering from a bloody weekend. Trading at $56,767 with 2.8% profit in the daily chart and a 5.6% loss in the weekly chart, BTC’s price outlook might seem bearish. However, investor Nik Yaremchuck shared a fractal comparing Bitcoin’s worse period in 2020 and the weekend’s flash crash. As can be seen below, […]
In the digital age, it seems strange that people all around the world still use paper to vote. Of course, given bitcoin's promise to remove paper from the financial system, many in the industry are beginning to ask if the same block chain technology can be applied to help modernize the democratic process. There's good reason, as the traditional paper voting system has its flaws. In 2012, when the last US election occurred, one in every eight voter registrations was invalid or inaccurate, and 2.7 million voters were registered in multiple states. That's a terrible statistic in a system used....
Blockchains in space? According to one research paper published by an Indian government official, the idea isn’t so far-fetched. Dr Kartik Hegadekatti of India’s Ministry of Railways posits in a new paper, entitled “Extra-Terrestrial Applications of blockchains and Cryptocurrencies”, that the tech could provide the basis for a space-based money in lieu of paper money or physical coins. Hegadekatti works for the ministry's Commercial Department. Hegadekatti has written about cryptocurrencies in the past, exploring how a ‘NationCoin’ could be issued by a country in a paper from August. The....