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Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-3-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 3, 2020 2:19 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Is Blockchain Necessary? An Unbiased Perspective

Source Node: https://cointelegraph.com/news/is-blockchain-necessary-an-unbiased-perspective
Time Stamp: April 3, 2020 3:42 AM - Modified On: May 21, 2021 - Published By:
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Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The government, as usual, will be indecisive.Both are overly eager in their opinions, and both are unfortunately wrong. Blockchain is wonderful and revolutionary, no doubt there. But it has some very serious cons that are underplayed

Is Decentralized ASIC Production Possible?

Source Node: https://medium.com/coinmonks/is-decentralized-asic-production-possible-eb5caece672c?source=rss-------8-----------------cryptocurrency
Time Stamp: April 2, 2020 7:07 PM - Modified On: August 29, 2021 - Published By:
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The news about ASICs for Nervos CKB came out recently, as the time of writing, there are four ASICs announced, the Toddminer C1, Toddminer C1 Pro, Bitmain K5 and PA miner — the first batch of C1 was delivered on March 9, K5 and PA Miner are expected to be delivered in April and C1 Pro in May.Since mainnet launch, the total hashrate on CKB mainnet has been around 200TH/S on average, it is now gradually picking up (at the time of writing at ~500TH/S) with ASICs. Toddminer says C1+C1

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

Source Node: https://cointelegraph.com/news/remaining-anonymous-which-crypto-privacy-solution-works-best
Time Stamp: April 2, 2020 9:44 AM - Modified On: August 29, 2021 - Published By:
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The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Source Node: https://medium.com/datadriveninvestor/evolution-of-payments-will-bolster-next-generation-businesses-f670ff793f80?source=rss-------8-----------------cryptocurrency
Time Stamp: April 1, 2020 9:36 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to