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2021.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. 10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
THE PROS AND CONS OF AUTOMATED CRYPTO TRADING SYSTEMSSEE MORE ONCOINIDOL.COM
DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. 10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
THE PROS AND CONS OF AUTOMATED CRYPTO TRADING SYSTEMSSEE MORE ONCOINIDOL.COM
DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 A variety of cryptocurrencies have registered bullish gains in May 2021. In the past 30 days, the entire crypto market cap shrunk from$2.184 trillion
US GAINS FROM CRYPTOCURRENCY MARKET ARE 3 TIMES AHEAD OF CHINA The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain andcryptocurrency.
CRYPTOCURRENCY REMAINS A SAFE HAVEN AMIDST GLOBAL ECONOMIC The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it isinflation-friendly.
CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UKRAINE WELCOMES CRYPTOCURRENCY DESPITE CAUTIOUSNESS FROM The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digital asset. BITCOIN HOLDS ABOVE $34,000 SUPPORT, POISES TO RECLAIM THE Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third time the bears will be attempting to break the $34,000 support. THE PROS AND CONS OF AUTOMATED CRYPTO TRADING SYSTEMS In a nutshell. There are a number of pros to automated trading and the cons are being improved by developers to create the systems that work flawlessly. Users can still trade through manual trading if they are not fully convinced about automated crypto trading systems or they can make the switch to start trading with bots. POLKADOT IN DOWNWARD CORRECTION, RISKS FURTHER DECLINE 14 hours ago · Polkadot (DOT) is consolidating above the $22 support or above the 21-day SMA. Before now the crypto had corrected upward to the high of $28. Buyers could not sustain the bullish momentum abovethe $28 high.
UNISWAP FAILS TO HOLD ABOVE $28 AFTER CORRECTION, REVISITS 15 hours ago · Uniswap's (UNI) price has been falling consistently on the downside. The crypto has fallen to a $20 low at the time of writing. It appears the market is declining to revisit the previouslow at $13.
BITCOIN SLUMPS AS BULLS DEFEND CRITICAL SUPPORT AT $34,000 Bitcoin's (BTC) price has been consolidating above the $35,000 support since June 5. The price levels have remained the same because the price action is characterized by small body indecisive candlesticks called Doji and Spinning tops. The candlesticks are indicating that buyers and sellers are undecided about the direction of Bitcoin. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 A variety of cryptocurrencies have registered bullish gains in May 2021. In the past 30 days, the entire crypto market cap shrunk from$2.184 trillion
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
3 REASONS WHY BITCOIN TRANSACTIONS ARE SLOW Bitcoin is not the only cryptocurrency but is probably the slowest one. As compared to the average transaction speed of 10 largest cryptocurrencies, Bitcoin takes the longest time for processing. Ethereum usually takes around 6 minutes whereas coins like Ripple (XRP) or Stellar (XLM) take less than 5 seconds. That is becauseRipple and Stellar
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbed CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 A variety of cryptocurrencies have registered bullish gains in May 2021. In the past 30 days, the entire crypto market cap shrunk from$2.184 trillion
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
3 REASONS WHY BITCOIN TRANSACTIONS ARE SLOW Bitcoin is not the only cryptocurrency but is probably the slowest one. As compared to the average transaction speed of 10 largest cryptocurrencies, Bitcoin takes the longest time for processing. Ethereum usually takes around 6 minutes whereas coins like Ripple (XRP) or Stellar (XLM) take less than 5 seconds. That is becauseRipple and Stellar
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbed CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 A variety of cryptocurrencies have registered bullish gains in May 2021. In the past 30 days, the entire crypto market cap shrunk from$2.184 trillion
MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
CRYPTOCURRENCY REMAINS A SAFE HAVEN AMIDST GLOBAL ECONOMIC The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it isinflation-friendly.
CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded THE FIRST PROOF OF STAKE BITCOIN: BITCOIN POS About BitcoinPoS. Bitcoin Proof of Stake (BTP) is a recently launched cryptocurrency that seeks to improve the Bitcoin core code through the introduction of a Proof of Stake consensus model. As the Bitcoin core is Proof of Work system, new coins are introduced into the market by mining, a process that involves validating new transactions by BITCOIN SLUMPS AS BULLS DEFEND CRITICAL SUPPORT AT $34,000 Bitcoin's (BTC) price has been consolidating above the $35,000 support since June 5. The price levels have remained the same because the price action is characterized by small body indecisive candlesticks called Doji and Spinning tops. The candlesticks are indicating that buyers and sellers are undecided about the direction of Bitcoin. UKRAINE WELCOMES CRYPTOCURRENCY DESPITE CAUTIOUSNESS FROM 1 day ago · The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digitalasset.
RIPPLE RECOVERS AND FINDS SUPPORT ABOVE $0.80, POISES FOR 15 hours ago · Ripple (XRP) has fallen to $0.86 low as price consolidates above the $0.80 support. For the past week, buyers and sellers appear to reach equilibrium above the current support. The price action is characterized by indecisive small body candlesticks called Doji and Spinning tops. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. 10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded BITCOIN HOLDS ABOVE $34,000 SUPPORT, POISES TO RECLAIM THE Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third time the bears will be attempting to break the $34,000 support. MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
LOST BITCOIN: 5 MAJORLY RIDICULOUS STORIES The probability of discovery of lost bitcoin Keys trends towards zero. Legends, parables and myths twist around the positions of the millions of Bitcoin (BTC) lost so far. Unmatched, however, is the Bitcoin prosperity of BTC developer Satoshi Nakamoto, seemingly ruined forever and a day. A quite short about the interests of cryptography. Satoshi has certainly taken security extremely seriously. CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded BITCOIN HOLDS ABOVE $34,000 SUPPORT, POISES TO RECLAIM THE Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third time the bears will be attempting to break the $34,000 support. MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
LOST BITCOIN: 5 MAJORLY RIDICULOUS STORIES The probability of discovery of lost bitcoin Keys trends towards zero. Legends, parables and myths twist around the positions of the millions of Bitcoin (BTC) lost so far. Unmatched, however, is the Bitcoin prosperity of BTC developer Satoshi Nakamoto, seemingly ruined forever and a day. A quite short about the interests of cryptography. Satoshi has certainly taken security extremely seriously. CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
CRYPTOCURRENCY REMAINS A SAFE HAVEN AMIDST GLOBAL ECONOMIC The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it isinflation-friendly.
CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 LOSERS OF MAY 2021 The month of May 2021 has been a rough trading period for most of the popular cryptocurrencies in the market. Some coins such as Bogged Finance (BOG) lost by 100%, DOTDOWN plunged by 99.26%, Bridge Oracle (BRG, 98.88%), Polar (POLARV3, 98.6%), and Zurcoin (ZUR, 98.47%). CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UKRAINE WELCOMES CRYPTOCURRENCY DESPITE CAUTIOUSNESS FROM 19 hours ago · The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digitalasset.
BITCOIN REBOUNDS SHARPLY BUT UNABLE TO SUSTAIN ABOVE 20 hours ago · Bitcoin's (BTC) price retraces after a successful rally to a $37,500 high. Previously, the crypto had earlier fallen to $31,075 support after surviving the recent bearish run. BITCOIN SLUMPS AS BULLS DEFEND CRITICAL SUPPORT AT $34,000 Bitcoin's (BTC) price has been consolidating above the $35,000 support since June 5. The price levels have remained the same because the price action is characterized by small body indecisive candlesticks called Doji and Spinning tops. The candlesticks are indicating that buyers and sellers are undecided about the direction of Bitcoin. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. UZBEKISTAN MAKING PARTNERSHIPS TO BOOST BLOCKCHAIN AND 18 hours ago · There are several efforts onboard aiming at developing the decentralized ledger technology (DLT), blockchain and cryptocurrency industry in a Central Asian state and former Soviet republic, Uzbekistan. CHAINLINK SLUMPS TO $26 LOW AFTER $30 REJECTION, UPTREND Chainlink has resumed a downward move after retesting the $30 high. The selling pressure has continued as a result of the upward correction at the high of $32. BINANCE COIN SLUMPS AS BULLS FAIL TO SUSTAIN RECENT 17 hours ago · Binance Coin (BNB) is retracing after retesting the $380 high. Today, crypto has fallen to the low at $367. The current downtrend may persist except buyers sustain a bullish momentum that will break the resistance at $430. BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. 10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded BITCOIN HOLDS ABOVE $34,000 SUPPORT, POISES TO RECLAIM THE Bitcoin Holds above $34,000 Support, Poises to Reclaim the $40,000 High. Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third time the bears will be attempting to break the $34,000 support. WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
LOST BITCOIN: 5 MAJORLY RIDICULOUS STORIES The probability of discovery of lost bitcoin Keys trends towards zero. Legends, parables and myths twist around the positions of the millions of Bitcoin (BTC) lost so far. Unmatched, however, is the Bitcoin prosperity of BTC developer Satoshi Nakamoto, seemingly ruined forever and a day. A quite short about the interests of cryptography. Satoshi has certainly taken security extremely seriously. CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. 10 STUPID QUESTIONS ABOUT BITCOIN AND CRYPTOCURRENCY Those people who invested in Bitcoin when it had just been launched made a lot of profits during the first cryptocurrency bubble in 2017. Initially, the value of Bitcoin was between $0.0008 to $0.08 per coin in around July 2010. Seven years later, BTC traded BITCOIN HOLDS ABOVE $34,000 SUPPORT, POISES TO RECLAIM THE Bitcoin Holds above $34,000 Support, Poises to Reclaim the $40,000 High. Bitcoin (BTC) survives bearish onslaught above the $34,000 support. Today, sellers pushed BTC's price to the $34,500 low and it rebounded above the current support. This will be the third time the bears will be attempting to break the $34,000 support. WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
DIGITAL DOLLAR WALLET TO EACH AMERICAN: USA PLANS TO Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency. Oct 02, 2020 at 13:29 // News. Author. Lana Smiley. It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC). UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
LOST BITCOIN: 5 MAJORLY RIDICULOUS STORIES The probability of discovery of lost bitcoin Keys trends towards zero. Legends, parables and myths twist around the positions of the millions of Bitcoin (BTC) lost so far. Unmatched, however, is the Bitcoin prosperity of BTC developer Satoshi Nakamoto, seemingly ruined forever and a day. A quite short about the interests of cryptography. Satoshi has certainly taken security extremely seriously. CRYPTOPIA USERS WILL FINALLY GET THEIR CRYPTOCURRENCY BACK Cryptopia Users Will Finally Get Their Cryptocurrency Back. The story of the notorious New Zealand-based Cryptopia exchange seems to have finally come to an end. On April 8, the High Court in Christchurch arrived at a verdict that all stolen funds are a property of the company’s customers. Thus, people might finally get their moneyback.
CRYPTOCURRENCY REMAINS A SAFE HAVEN AMIDST GLOBAL ECONOMIC The outbreak of COVID-19 has led to a significant decline in economic growth. The recent economic challenge is associated with inflation that was triggered by governments printing more money to offset the negative impacts of the pandemic. Probably, this is the reason for such striking interest in the crypto market as it isinflation-friendly.
US GAINS FROM CRYPTOCURRENCY MARKET ARE 3 TIMES AHEAD OF CHINA 1 day ago · The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency. MASTERCARD: THERE IS INCREASED USE OF DIGITAL PAYMENT According to the new research by MasterCard, it has been found that the use of digital payment technologies including mobile money (MoMo), Bitcoin and other cryptocurrencies have boosted especially during the Covid-19 pandemic. Purchases conducted globally via online platforms generated an extra of around $900 billion in the first quarter of2021.
WEEKLY PRICE ANALYSIS: CRYPTO MARKET GAINS 14% IN FIRST The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435trillion and
UKRAINE WELCOMES CRYPTOCURRENCY DESPITE CAUTIOUSNESS FROM 12 hours ago · The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digitalasset.
BINANCE COIN SLUMPS AS BULLS FAIL TO SUSTAIN RECENT 10 hours ago · Binance Coin (BNB) is retracing after retesting the $380 high. Today, crypto has fallen to the low at $367. The current downtrend may persist except buyers sustain a bullish momentum that will break the resistance at $430. BITCOIN SLUMPS AS BULLS DEFEND CRITICAL SUPPORT AT $34,000 Bitcoin's (BTC) price has been consolidating above the $35,000 support since June 5. The price levels have remained the same because the price action is characterized by small body indecisive candlesticks called Doji and Spinning tops. The candlesticks are indicating that buyers and sellers are undecided about the direction of Bitcoin. BITCOIN REBOUNDS SHARPLY BUT UNABLE TO SUSTAIN ABOVE 13 hours ago · Bitcoin's (BTC) price retraces after a successful rally to a $37,500 high. Previously, the crypto had earlier fallen to $31,075 support after surviving the recent bearish run. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. CHAINLINK SLUMPS TO $26 LOW AFTER $30 REJECTION, UPTREND Chainlink has resumed a downward move after retesting the $30 high. The selling pressure has continued as a result of the upward correction at the high of $32. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 In May, Cardano (ADA), a digital currency in Rank #5 by market cap, skyrocketed by about 31.99% making it to be the 5th best performer among the top 100 cryptos globally. ADA opened May with the price of $1.35 (with a market cap of $43.228B and 24h volume of $2.03B) and closed it with $1.74 (with a market cap of $55.678B and vol of$4.491B).
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbed CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 In May, Cardano (ADA), a digital currency in Rank #5 by market cap, skyrocketed by about 31.99% making it to be the 5th best performer among the top 100 cryptos globally. ADA opened May with the price of $1.35 (with a market cap of $43.228B and 24h volume of $2.03B) and closed it with $1.74 (with a market cap of $55.678B and vol of$4.491B).
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbedLATEST BITCOIN NEWS
In the past 24 hours, Bitcoin had recorded a low of $54,071 and Dogecoin touched a low of $0.4213. Bitcoin dropped about 5% overnight on Monday. Generally, the entire cryptocurrency market has started to bear down, but influence from a few popular billionaires is trying to recover the market again. May 11, 2021 at 13:00. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 LOSERS OF MAY 2021 The month of May 2021 has been a rough trading period for most of the popular cryptocurrencies in the market. Some coins such as Bogged Finance (BOG) lost by 100%, DOTDOWN plunged by 99.26%, Bridge Oracle (BRG, 98.88%), Polar (POLARV3, 98.6%), and Zurcoin (ZUR, 98.47%). US GAINS FROM CRYPTOCURRENCY MARKET ARE 3 TIMES AHEAD OF CHINA 16 hours ago · The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency. WEEKLY PRICE ANALYSIS: CRYPTO MARKET GAINS 14% IN FIRST The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435trillion and
BITCOIN CASH REACHES BEARISH EXHAUSTION, UPTREND LIKELY 17 hours ago · Bitcoin Cash (BCH) has continued its downward move as BCH slumped to a $548 low. As BCH fell to a $548 low, the crypto’s price resumed fluctuation between $548 and $600. CHAINLINK SLUMPS TO $26 LOW AFTER $30 REJECTION, UPTREND Chainlink has resumed a downward move after retesting the $30 high. The selling pressure has continued as a result of the upward correction at the high of $32. HOW THE TOP 4 SOCIAL MEDIA PLATFORMS TREAT BITCOIN AND 15 hours ago · Social media can cause digital currency price fluctuations, for better or worse. For instance, the trending news about a big cryptocurrency exchange hack can cause a massive fall in token value. CoinIdol, a world blockchain news outlet, researches how the top 4 social media treat cryptocurrency and blockchain. ETHEREUM IN MINOR RETRACEMENT, BATTLES RESISTANCE AT $2,900 Ethereum (ETH) faces rejection at the $2,900 resistance which resulted in a downward movement of the crypto. The biggest altcoin fell to the low at $2,550 as bulls bought the dips. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 1 day ago · Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. CARDANO FALLS, MAKES LOWER HIGHS AND LOWER LOWS, TARGETS 15 hours ago · Cardano's (ADA) price slumped to a $1.402 low as the price immediately corrected upward. The ultimate price target of Cardano is to break the $1.80 overhead resistance level. Buyers are yet to break the overhead resistance since May 19. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 In May, Cardano (ADA), a digital currency in Rank #5 by market cap, skyrocketed by about 31.99% making it to be the 5th best performer among the top 100 cryptos globally. ADA opened May with the price of $1.35 (with a market cap of $43.228B and 24h volume of $2.03B) and closed it with $1.74 (with a market cap of $55.678B and vol of$4.491B).
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbed CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 In May, Cardano (ADA), a digital currency in Rank #5 by market cap, skyrocketed by about 31.99% making it to be the 5th best performer among the top 100 cryptos globally. ADA opened May with the price of $1.35 (with a market cap of $43.228B and 24h volume of $2.03B) and closed it with $1.74 (with a market cap of $55.678B and vol of$4.491B).
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbedLATEST BITCOIN NEWS
In the past 24 hours, Bitcoin had recorded a low of $54,071 and Dogecoin touched a low of $0.4213. Bitcoin dropped about 5% overnight on Monday. Generally, the entire cryptocurrency market has started to bear down, but influence from a few popular billionaires is trying to recover the market again. May 11, 2021 at 13:00. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 LOSERS OF MAY 2021 The month of May 2021 has been a rough trading period for most of the popular cryptocurrencies in the market. Some coins such as Bogged Finance (BOG) lost by 100%, DOTDOWN plunged by 99.26%, Bridge Oracle (BRG, 98.88%), Polar (POLARV3, 98.6%), and Zurcoin (ZUR, 98.47%). US GAINS FROM CRYPTOCURRENCY MARKET ARE 3 TIMES AHEAD OF CHINA 16 hours ago · The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency. WEEKLY PRICE ANALYSIS: CRYPTO MARKET GAINS 14% IN FIRST The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435trillion and
BITCOIN CASH REACHES BEARISH EXHAUSTION, UPTREND LIKELY 17 hours ago · Bitcoin Cash (BCH) has continued its downward move as BCH slumped to a $548 low. As BCH fell to a $548 low, the crypto’s price resumed fluctuation between $548 and $600. CHAINLINK SLUMPS TO $26 LOW AFTER $30 REJECTION, UPTREND Chainlink has resumed a downward move after retesting the $30 high. The selling pressure has continued as a result of the upward correction at the high of $32. HOW THE TOP 4 SOCIAL MEDIA PLATFORMS TREAT BITCOIN AND 15 hours ago · Social media can cause digital currency price fluctuations, for better or worse. For instance, the trending news about a big cryptocurrency exchange hack can cause a massive fall in token value. CoinIdol, a world blockchain news outlet, researches how the top 4 social media treat cryptocurrency and blockchain. ETHEREUM IN MINOR RETRACEMENT, BATTLES RESISTANCE AT $2,900 Ethereum (ETH) faces rejection at the $2,900 resistance which resulted in a downward movement of the crypto. The biggest altcoin fell to the low at $2,550 as bulls bought the dips. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 1 day ago · Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. CARDANO FALLS, MAKES LOWER HIGHS AND LOWER LOWS, TARGETS 14 hours ago · Cardano's (ADA) price slumped to a $1.402 low as the price immediately corrected upward. The ultimate price target of Cardano is to break the $1.80 overhead resistance level. Buyers are yet to break the overhead resistance since May 19. BITCOIN PLUNGES BELOW $50K SUPPORT LEVEL AS BEARS THREATEN Bitcoin Plunges below $50K Support Level as Bears Threaten to Short to $44K Low. Bitcoin has plunged to $46,601 low and pulled back immediately. This sharp drop was a result of buyers failing to push BTC price above the $58,000 resistance level. The $58,000 support has been the crucial price level for the resumption of upside momentum. WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
3 REASONS WHY BITCOIN TRANSACTIONS ARE SLOW Bitcoin is not the only cryptocurrency but is probably the slowest one. As compared to the average transaction speed of 10 largest cryptocurrencies, Bitcoin takes the longest time for processing. Ethereum usually takes around 6 minutes whereas coins like Ripple (XRP) or Stellar (XLM) take less than 5 seconds. That is becauseRipple and Stellar
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
THE GAP BETWEEN TRADITIONAL BANKING & CRYPTO COULD BESEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbed CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 GAINERS OF MAY 2021 In May, Cardano (ADA), a digital currency in Rank #5 by market cap, skyrocketed by about 31.99% making it to be the 5th best performer among the top 100 cryptos globally. ADA opened May with the price of $1.35 (with a market cap of $43.228B and 24h volume of $2.03B) and closed it with $1.74 (with a market cap of $55.678B and vol of$4.491B).
WILL JOE BIDEN LAUNCH A DIGITAL DOLLAR TO MAKE RELIEF The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic. Besides using their traditional US dollar (USD), the government was also planning to use other alternatives including central bank digital currency (CBDC) known as digital dollar. UK LAW ENFORCEMENT PREPARES FOR A RISE IN CRYPTOCURRENCY SCAMS The head of the UK’s Crown Prosecution Service (CPS) recently made remarks saying they expect a rise in cryptocurrency sam cases in the UK. In an interview with Financial Times, Max Hill QC, a CPS director of public prosecution said the authority predicts an uptick in thenumber of scams.
CRYPTOCURRENCY MARKET ANALYSIS: 5 BIGGEST GAINERS OF MARCH The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world blockchain news outlet, analyzed the market to define five biggest gainers ofMarch 2021.
EARN MONEY ON HOLDING CRYPTOCURRENCY WITH E-WALLET.IO For the first 10 days the user receives 0.2% every day, from the 11th day the profit is 0.3%, from the 21st day the profit is 0.4%, from the 31st day - 0.5%, and from the 41st day - 1%. The longer the user keeps his/her coins in E-wallet.io, the greater is his/her profit, regardless of the amount of coins stored in the wallet. CRYPTOCURRENCY AND FOOTBALL: ANOTHER GIANT CLUB JUMPS TO With the increase in the global value of cryptocurrencies, more applications of crypto are coming up. In the football world, cryptocurrency came into existence around late 2019 with a bunch of clubs launching their own fan tokens. Football clubs already use other traditional payment mediums to give fans access to the club's premiumservices.
FIRST CRYPTO ETF TO ESTABLISH DASH MASTERNODE, DISTRIBUTE First Crypto ETF, the world’s first exchange-traded fund for cryptocurrencies, will establish a Dash masternode and distribute the rewards earned through the masternode to First Crypto ETF token holders. The masternode system is unique to Dash coin. As the second tier of the Dash network, masternodes validate the blockchain andprovide Dash
THE FIVE MOST ANTICIPATED ONGOING & UNDERWAY CRYPTOASSET Bakkt & BTC Futures. This is the most expected project next year because of very many clear reasons. Firstly, it was proclaimed that its launch will be in January, but according to other rumours, it could be suspended to February 2019. Secondly, it has to grant the entry of weighty capital from several institutional investors usingBitcoins (BTC).
ITALY TO USE BLOCKCHAIN AND IOT FOR DIGITAL IDENTITYSEE MORE ONCOINIDOL.COM
CBDC MAY THREATEN COMMERCIAL BANK EXISTENCE, FED REPORT SHOWS CBDC May Threaten Commercial Bank Existence, Fed Report Shows. It has been argued that central bank digital currencies (CBDC) could threaten the existence of commercial banks by eliminating deposits that are the source of loans. The latest report by the U.S. Federal Reserve of Philadelphia (FRB) research team claims in a detailed report dubbedLATEST BITCOIN NEWS
In the past 24 hours, Bitcoin had recorded a low of $54,071 and Dogecoin touched a low of $0.4213. Bitcoin dropped about 5% overnight on Monday. Generally, the entire cryptocurrency market has started to bear down, but influence from a few popular billionaires is trying to recover the market again. May 11, 2021 at 13:00. CRYPTOCURRENCY MARKET ANALYSIS: TOP 5 LOSERS OF MAY 2021 The month of May 2021 has been a rough trading period for most of the popular cryptocurrencies in the market. Some coins such as Bogged Finance (BOG) lost by 100%, DOTDOWN plunged by 99.26%, Bridge Oracle (BRG, 98.88%), Polar (POLARV3, 98.6%), and Zurcoin (ZUR, 98.47%). US GAINS FROM CRYPTOCURRENCY MARKET ARE 3 TIMES AHEAD OF CHINA 14 hours ago · The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency. WEEKLY PRICE ANALYSIS: CRYPTO MARKET GAINS 14% IN FIRST The first week of June saw the entire cryptocurrency market register bullish gains. The crypto market cap opened the week at $1.435trillion and
HOW THE TOP 4 SOCIAL MEDIA PLATFORMS TREAT BITCOIN AND 13 hours ago · Social media can cause digital currency price fluctuations, for better or worse. For instance, the trending news about a big cryptocurrency exchange hack can cause a massive fall in token value. CoinIdol, a world blockchain news outlet, researches how the top 4 social media treat cryptocurrency and blockchain. BITCOIN CASH REACHES BEARISH EXHAUSTION, UPTREND LIKELY 15 hours ago · Bitcoin Cash (BCH) has continued its downward move as BCH slumped to a $548 low. As BCH fell to a $548 low, the crypto’s price resumed fluctuation between $548 and $600. LITECOIN DECLINES AS BEARS RESUME SELLING PRESSURE BELOW $200 1 day ago · Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152. RIPPLE MAKES A SHARP FALL, UNABLE TO SUSTAIN ABOVE $1.10 Ripple (XRP) is falling as buyers find it increasingly difficult to sustain above the $1.10 resistance since June 1. The bulls were repelled twice before the eventual downward move. XRP is likely to fall to the previous low at $0.80. ETHEREUM IN MINOR RETRACEMENT, BATTLES RESISTANCE AT $2,900 Ethereum (ETH) faces rejection at the $2,900 resistance which resulted in a downward movement of the crypto. The biggest altcoin fell to the low at $2,550 as bulls bought the dips. CARDANO FALLS, MAKES LOWER HIGHS AND LOWER LOWS, TARGETS 13 hours ago · Cardano's (ADA) price slumped to a $1.402 low as the price immediately corrected upward. The ultimate price target of Cardano is to break the $1.80 overhead resistance level. Buyers are yet to break the overhead resistance since May 19.* News
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BARCELONA FOOTBALL CLUB LAUNCHES ITS OWN CRYPTOCURRENCY Feb 15, 2020 at 09:50 // NewsAuthor
Coin Idol
THE GIANT SPANISH FOOTBALL CLUB RECENTLY REVEALED IT IS BUILDING ITS OWN CRYPTOCURRENCY TO BE USED BY FANS TO ACCESS CLUB GOODIES. IN A RECENT PRESS RELEASE FC BARCELONA TEAM CAPTAIN LIONEL MESSI FEATURED ALONGSIDE THE CEO OF THE STARTUP WHO DEVELOPED THE CRYPTOCURRENCY TOLAUNCH THE PROJECT.
FC BARCELONA LAUNCHES OWN DIGITAL TOKEN Recently FC Barcelona announced the launch of its new digital currency platform developed by a team from a startup crypto firm. According to the team captain Lionel Messi, the platform would be used to get fans to become more involved in the club’s decision making processes including voting. During the announcement the club revealed that the token will go by the abbreviation BAR. The token will enable fans to earn rewards for their activities on the club’s official application. On the hand had the token will also be used to purchase merchandise and special offers. The club hopes to improve profitability using this newarrangement.
While speaking during the launch, Barcelona’s FC Board member Josep Pont revealed that the new platform will bring the club nearer to the fans. The board member also noted that the platform will help the club setup innovative marketing solutions with a specific focus on new digital technologies. UPCOMING BAR TOKEN SALE FC Barcelona announced bigger moves to launched a Fan Token Offering (FTO) a kind of Initial Coin Offering (ICO) for the new token. The club estimated that the tokens would sell for about 2 EUR during the initial sale period. There are about 40 million BAR tokens to be purchased by the general public globally. The club schedule the sale period during the second quarter of 2020. However, the club revealed that all fans intending to buy the new BAR tokens must first buy the token for the third party developer. Meanwhile some fans are concerned that it creates a useless hussle to buy the third party token yet fans could be able to buy tokens globally using Bitcoin, Ethereum or any other digital currency. This move by FC Barcelona follows the earlier move by Italian football Club juventus who developed a similar platform during the last quarterof 2019.
It seems, Badcelona has taken the lead of other giant football clubs like Juventus, Fiorentina etc and turned their attention to blockchain and cryptocurrency. As coinidol.com , a world blockchain news outlet, has previously reported, many sports clubsare issuing their
own tokens or accept existing cryptocurrencies as payment for ticketsand merch.
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Apr 16, 2019 at 12:05 News A New Era of Public Chain: Ultrain Launches its Mainnet Jan 13, 2019 at 12:53 News ICOBox Founder to Make His Company the Leader of the THE BLOCKCHAIN AND CONSENT TO GUARANTEE A SYSTEM OF TRANSITION Feb 17, 2020 at 08:34 // NewsAuthor
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BLOCKCHAIN TECHNOLOGY AND THEORY START FROM THIS POINT AND AIMS TO CREATE AN EQUIVALENT SYSTEM, WITHOUT THE EXISTENCE OF A CENTRAL CONTROLLER, OR INTERMEDIARY, FOR EXAMPLE BANKS OR INSURANCE COMPANIES. To do this, it introduces two concepts: the Distributed ledger technology (DLT), and consent. These two concepts underlying technology essentially serve to guarantee a system of transition from the Internet of information to the Internet of Value, not only of a monetary nature, but also in matters of certification, real estate, property, intellectual property and conservation of smart contracts, without an authority in the middle. What is the principle of the distributed ledger? Let's take an example: in order to verify the possession of assets, a bank checks on a single centralized and owned database. In this case there is only one entity in possession of the information. The idea of the distributed ledger is instead to distribute a copy of this register, which is updated quickly according to the operations, to all participants in the network, eliminating the central intermediary body. Thanks to the Internet and the concept of proximity, the blockchaincomes to life, a
tool that allows you to distribute information in a short time. The concept of local register can therefore be distributed and thereforeovercome.
It remains to overcome the concept of trust, that is, trust with respect to the next one, a question that arose also in Microsoft laboratories in the eighties, and passed by referring to the question of the Byzantine generals through the use of consent. Consent is the tool inserted in the blockchain to deal with the unreliability of the network, also known as majority or generalconsent.
Let's take a step back. The DLT can be considered as a public database, consisting of blocks, simultaneously maintained by a plurality of nodes, or rather PCs connected together in a network based on peer-to-peer technology , without a central unit. In particular, the operations that are recorded and managed in the digital register each constitute a block, information in digital version. Each block contains different information, both related to the operations that are recorded and to the parties involved, and elements called hashes and timestamp. These blocks are connected to each other and are created in chronological order, they are unchangeable, in fact the creation of a block must be validated by all the participating nodes through consent. Each block contains within it an exact copy of all the blocks, of the whole ledger. The chain is made up of participants, who can be simple users or supporters, called miners, in public blockchains. The evolution of consensus has led to the birth of Pow, Proof of Work, or the construction of a consensus mechanism based on a mathematical game that incentivizes miners, the participants with higher computational performance, to the blockchain to compete with each other for the processing of exchanges in exchange for a reward, a fee. Pow is in fact based on the concept of remuneration through the same currency on which the blockchain is based. This mechanism has meant that the blockchain, ten years after its birth, has not suffered any real fraud. In fact, thanks to the remuneration of the subjects who invest energy in elaborating the reliability of the network, it is the network itself that is maintained and elaborated. The blockchain is therefore a mechanism that allows you to create a reliable registration system in a network of people who do not trust each other, insured by the same people from the risk of fraud and which determines a remuneration to the participants for an exercise ,mining.
In the DLT protocol
, the
remuneration that is given is created on the spot. In the bitcoin network, for example, money is created with the participation of users. The blockchain is the first IT tool that creates valuable objects that do not represent an external value. A mechanism was therefore created to create coins that have intrinsic non-representative value, through the desire to create a system of transactions that did not have an intermediate authority. The blockchain also does not require users to register, granting a high level of anonymity. Consensus therefore determines the division of blockchains into two macro-categories: permissioned and permissionless, while it is the basis of public blockchains, in permissioned blockchains and takes asecondary role.
The so-called permissioned blockchain is also called private; its peculiarity consists in having a single validator, a single node to validate the new blocks and the possibility of downloading the software is restricted to a few; otherwise, we find the consortium blockchain, where a group of closed validators can validate, leaving behind the principle of general consent and embracing the principle of centralized consent. The issue of immutability is very strong in the public blockchain, in the context in which the same technological protocol is used by a controlled reality, the participants of the community can decide to alter the content. So in private blockchains consent can be by majority, if the majority or the owner of the DLT wants to alter a content, it can do so. USES OF THE BLOCKCHAIN: IMMUTABILITY AND DECENTRALIZATION In order to understand the various uses of the blockchain we must analyze some of its characteristics. Among the main ones, the first is immutability: what is imprinted, written, in the chain can nolonger be changed.
Another decidedly important feature is decentralization, because it is a decentralized system. The blockchain can be a tool to interact between parties without having an authority as a guarantee, but by distributing trust through the mechanisms of consent. A third characteristic is audit ability, transparency; in fact, the blockchain provides a register distributed among all users, unless you want to hide the content, the content tends to be accessible independently to all participants. The use of this technology is not limited only to the financial aspect, but proves particularly effective for the registration of goods, the certification of products, for the management of intellectual property rights, if there is therefore a need for anti-tampering, for record so as not to tamper with the information, create an interaction between subjects who do not trust, to historically trace the information, without a central subject, ofintermediation.
Among the various uses, one of the most striking examples is that of being able to trace the movements of ownership or possession of assets, for production certification, of the supply chain (e.g. carrefour with private blockchain). 5-POINT BLOCKCHAIN SECURITY The blockchain is a trustless trust system, trust is placed in the participating members. To get a clearer picture five key points:*
Going trustless: multiple validation nodes prevent Byzantine problems and ensure secure transactions;*
Deregulating authority: provides distributed mining for simultaneous validations guaranteed by game theory;*
Ubiquity: the tech are easily accessible thanks to an Internetconnection;
*
Highly-scalable P2P: the technology eliminates intermediation;*
Programmable and automable: decentralized authority through smart contract;Â automated P2P secured transactions.* 0
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Tags Blockchain Cryptocurrency Consent Intellectual PropertyMost Popular
Aug 24, 2019 at 12:20 News TradeSanta : Enhancement the Automatic Trading inCryptocurrenci
Sep 03, 2019 at 13:36 News Paycent Gears Up For the Biggest Trading Contest in theHistory of...
Nov 21, 2019 at 09:10 News Metaverse DNA To Leverage The Community For ItsBlockchain...
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