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Archive for December 2019

Is Everyone Prepared for Ethereum’s January 1 Hard Fork?

Ethereum (ETH) has chosen the year’s most inactive day to perform a hard fork. On January 1, the Muir Glacier hard fork, as it is known, is supposed to once again delay the difficulty time bomb. Difficulty Diffusion Simply Forgotten During Istanbul Hard Fork The reason for choosing that date is ignominious, as the developer…

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Sunday Digest: Bitcoin Price and Christmas

So apparently, it was Christmas this week… Did anybody get any bitcoin? Bitcoin Price So we didn’t really get much of a Christmas present when it came to bitcoin price this year. A push at the start of the week took us to $7.6k, but bulls failed to capitalize on that and prices dropped back…

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Backtesting Bitcoin’s Stock-to-Flow Model Confirms 2020 Rally

The end of the year is usually a good time to review some price predictions for bitcoin. One model that has grown in popularity this year has been stock to flow and further research indicates that BTC price patterns are accurate. Bitcoin S2F In Depth The model was originally proposed by market analyst ‘PlanB’ who…

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Bitcoin Ransom Demanded from Users of Ring Cameras

Reports emerged that hackers have demanded bitcoin as ransom from users of vulnerable cameras sold by Amazon and its subsidiary Ring.  Bitcoin is constantly being used as a means of extracting payment, blackmailing people, and demanding ransom in exchange for data. Ransomware attacks are ones, where hackers infect users’ devices, encrypt their files, and then…

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Looking at Crypto’s 2020 Outlook Through the Politico-Economic Lens

The impact of 2020’s economic and political events could have a lasting effect on the future of crypto assets, although it is unclear what the final result may be. Most people are likely aware of the massive potential impact that cryptocurrencies and blockchain technology can have on countless industries. Their ability to revolutionize the world…

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How Early Devs Got Rewarded With 12 Million ETH?

It is no secret that early Ethereum (ETH) ICO buyers later became whales and potential multi-millionaires. But the project also seemed extremely generous to its developers. Ethereum Devs Got Paid for Short-Term Involvement Ethereum, which went through multiple phases of pre-mining, actual mining, and as much as eight hard forks, has always been accompanied by…

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Why a Bitcoin Cash-Dash Merger Would Be Awful

Blockchains faced fierce competition in 2019, with only a handful of altcoins remaining in good condition. Now, a new proposal has been made, a hypothetical merger of Dash and Bitcoin Cash. Both Bitcoin Cash and DASH Brands Cause Resentment Bitcoin Cash (BCH) and Dash (DASH) were bandied about as two chains that could merge, producing…

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$1 Million BTC Will Not Happen, According to CSW

Craig Wright is back with his ‘priceless’ bitcoin comments. This time he chose Christmas to share his opinion on BTC’s future price action. Mr. Faketoshi thinks that bitcoin ‘is not gonna keep going up in value’. Since bitcoin started trading on various crypto exchanges and noticeably reached its all-time high in December, scores of analysts…

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Ethereum Wallet App MetaMask Banned from Google App Store

The MetaMask Ethereum wallet, one of the key entry points to crypto-based logins and distributed apps, has been suspended from the Google Apps Store. The reason cited was that MetaMask allowed phone-based mining, which the wallet provider denied. MetaMask Denied Offering Mobile Mining MetaMask denied its services involved mining, though the case is still being…

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