Ethereum Classic: Hidden Gem or Has-Been?

It would be an understatement to say 2020 has been a rough year for Ethereum Classic (ETC). Just over a year ago, ETC was comfortably positioned in the Top 25 cryptocurrencies on CoinMarketCap. In the early months of 2020, it even managed to push its way into the Top 10 as the price exploded. Now the original Ethereum project currently sits at #37 on CoinMarketCap. Ouch! The primary cause for such a drop? Three back-to-back 51% attacks against the Ethereum Classic network. Within a month following the network attacks in…

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Bitcoin SV Technical Standards Committee opens first proposed standard for public review

ZUG, Switzerland – November 25, 2020 –  Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that the first proposed standard from the Bitcoin SV Technical Standards Committee has reached the public review phase. The proposal, a standard data format for Merkle inclusion proofs, is the first to reach the public review phase as part of a pilot programme for the Bitcoin SV Technical Standards Committee and its processes.  Merkle proofs are vital to all uses of Simplified Payment Verification…

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True peer-to-peer functionality on the Bitcoin network restored and enhanced with latest update to Bitcoin SV Node software

ZUG, Switzerland – November 17, 2020 – Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the release of three software packages designed to both restore, and enhance, true peer-to-peer functionality on the Bitcoin network. The three releases, Bitcoin SV Node software v1.0.6, mAPI v1.2.0, and SPV Channels CE v1.0.0, collectively provide all of the tools required to implement client-side peer-to-peer and Simplified Payment Verification (SPV) workflows. These enable participants on the Bitcoin network to transact with each other directly…

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Square and Grayscale Accumulated $2.3b Worth of Bitcoin Over Q3

Bitcoin has undergone a strong surge over the past few months. Data indicates that this rally is a result of mass accumulation by both retail and institutional players through venues like Square and Grayscale. Square and Grayscale alone have accumulated $2.3 billion worth of Bitcoin in the past quarter. For context, Bitcoin miners brought in around $1 billion worth of BTC over the course of the past quarter. Institutions Accumulate Bitcoin En-Masse: Data Bitcoin has undergone a strong surge over the past few months in the face of the worst…

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InvestLite Review: A Full-Featured, All-In-One Trading Solution

There are scores of trading platforms available for users nowadays. The fierce competition breeds excellence at every turn, making it even more challenging to select the right platform.   However, one platform takes the ‘heavy’ lifting’ out of choosing an all-in-one solution. InvestLite is a mobile and web-based trading platform offering professional trading tools and CFDs on over 350 trading instruments all under one roof.  This review will fully explain why InvestLite is a stand-out selection in a sea of trading platforms out there. 350+ CFDs: Stocks, Crypto, Commodities, Forex, Metals,…

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Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market

A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs Already, as a consequence of using the AMM, Uniswap’s September traded volume topped $15.4 billion, a figure nearly $2 billion ahead than that of Coinbase’s. Prior to the surge in the use of AMMs, order-books…

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Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings

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 the table This will undoubtedly slow its ascent if they continue selling at a rapid…

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Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move

Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their multi-month descent, and there’s a possibility that further upside will follow One trader is also…

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Ethereum Surges to $470 Amid ETH2 Launch and DeFi Rally

Ethereum has undergone a strong rally over the past few days, pushing as high as $470. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded. Analysts remain bullish on Ethereum and altcoins. Ethereum Explodes Up, and It Has Room to Move Even Higher: Analysts Ethereum has undergone a strong rally over the past two days despite strong weakness over the past few weeks. The price of the leading cryptocurrency currently is $460, slightly below…

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The Patented QFS Blockchain Secure Voting System by United States Postal Service

The application is reported as filed on February 7, 2020, and the invention is described as, “A voting system that can use the security of blockchain and the mail to provide a reliable voting system“. A registered voter receives a computer readable code in the mail and confirms identity and confirms correct ballot information in an election. The system separates voter identification and votes to ensure vote anonymity, and stores votes on a distributed ledger in a blockchain.” The Patent is filed under Patent Number 20200258338 and claims: 1. A…

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