Cryptocurrency Analysis and News Portal
Mongolian authorities have put the kibosh on cheap electricity for crypto miners, Venezuela is seeing healthy crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re
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The prediction market is getting a facelift through the power of technology by PlotX. The platform was conceived
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Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its
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Quick take:Bitcoin has bulldozed the $10K psychological price level before dropping back to $9,900. This move by Bitcoin had been predicted by Timothy Peterson of Cane Island Alternative Advisors. His prediction had set a mid-August date for Bitcoin breaking $10K.BTC has achieved this feat 3 weeks ahead of schedule. The VISA, Mastercard, Paypal
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Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28.According to an announcement posted to the platform’s website on June 29, Augur v2 will launch on the Ethereum (ETH) mainnet at
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The popular bitcoin analyst Willy Woo told his 132,000 Twitter followers that he’s working on a new pricing model that suggests a bull run is imminent. In fact, Woo says the model suggests bitcoin is close to “another bullish run” with “maybe another month to go.”The price of bitcoin
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Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector.Dubbed ‘Forecast’, Facebook’s new iOS app polls users on a variety of forward-facing issues, with respondents using in-app points to access surveys on the platform. Survey results
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As Bitcoin maintains its positive correlation with the S&P 500, a top analyst has predicted an all-time high for the U.S. benchmark.Research firm DataTrek published a note earlier this week that the S&P would rise by another 14 percent by the end of 2020.The prediction raised the possibilities of Bitcoin
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That Bitcoin “halving”–a pre-programmed on-chain event, affects prices is unfalsifiable. However, the Stock-to-Flow price (S2F) prediction model centered on this event draws more questions than answers because of its inconsistencies. This is the assessment of Vitalik Buterin, the co-founder of Ethereum, who on June 14, 2020, posted his view on
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The Dow Jones rallied to start the week despite a stunningly bearish Q2 GDP estimate from the Federal Reserve Bank of Atlanta. The Dow’s Unstoppable Climb Meets Its Match in Alarming Fed Prediction by CCN.com Source
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