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Bitcoin is set to undergo a major network upgrade, Taproot, in nearly two days, i.e., on Nov. 14 or 255 blocks later, as per data from Taproot.watch. This is the first significant upgrade since the Segregated Witness (SegWit), which eventually culminated in the development and launch of the Lightning Network
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Taproot, the long-anticipated Bitcoin upgrade, will activate this weekend at block 709,632, opening the door for developers to integrate new features that will improve privacy, scalability and security on the network.The upgrade locked in back in June, when over 90% of miners chose to “signal” their support. A programmed waiting
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In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered one of the largest
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“Bitcoin’s chart has likely become too noisy to remain a reliable indicator of the crypto market, conceding that role to ether,” Alex Kuptsikevich, an analyst at FxPro, wrote in an email to CryptoX. “If so, a break of this strong uptrend could prove to be the first signal of a
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Finally, in November, when Bitcoin reaches a specified "block height" (Bitcoin block 709,632), Taproot will activate; that is, the Bitcoin Improvement Proposals (BIPs) relevant to Taproot and contained in Bitcoin Core 0.21.1 will automatically kick in. At that point, all upgraded nodes and devices will be able to recognize and
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Options traders are overwhelmingly bullish on ether after the cryptocurrency reached an all-time price high around $4,800 on Wednesday. The chart below shows the largest amount of open interest at the $5,000 ETH strike price, followed by $10,000 and $15,000. Source
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Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network. In the next seven days, the Bitcoin protocol will undergo a soft fork in the name of Taproot upgrade, which aims to improve the network’s privacy, efficiency
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In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021.During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart
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The protocol currently offers fixed-rate borrowing of USD coin (USDC) and DAI for up to one year, and wrapped bitcoin (wBTC) and ether (ETH) borrowing for up to six months. It has received three independent audits from ABDK Consulting, Certora and Code Arena, according to a press release. Source
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The price of Ethereum (ETH) has bounced to a new all time high (ATH) today as it hit $4,400.97 at around 1:02 am UTC, according to the ETH/USD price indexs on Coinbase and Coinmarketcap.At the time of writing, ETH is currently priced at $4,380, with the asset surging around 46.6%
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