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Bitcoin DeFi protocol Sovryn introduces hackathon offering $500,000 in financial assistance to blockchain developers.
Major cryptocurrencies suffered double-digit declines as volatility extended into the weekend. At Consensus 2021, investors pondered whether the sell-offs signal the end of this bull cycle. They also shared how bitcoin can live up to Hal Finney's historic $10 million price prediction. It was the kind of volatility that keeps investors' eyes glued to the screen. As last week's wild fluctuations extended into the weekend, none of the major cryptocurrencies was spared from double-digit declines. Bitcoin and ether tumbled as low as $31,384 and $1,758 on Sunday before rebounding to around $39,00...
May 13, 2021 12:46 GMTCrypto News Bitcoin price slid roughly $7,000 on Wednesday after Elon Musk tweeted that Tesla will not accept BTC. Ethereum price dropped only $270 and is in recovery mode. Ripple eyes a dip into the demand zone ranging from $0.941 to $1.156 before it attempts to rise higher. The recent Bitcoin price crash seen on Wednesday is comparable to the one in late April. However, unlike the last time, this drop was not due to rumors of new tax proposals. While many altcoins are recovering quickly, DeFi coins seem to be making a faster comeback. Tesla drops plans of accepting B...
May 6, 2021 This deep dive explores what problems plague our modern monies, and how bitcoin cures these issues. “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” -Abraham Lincoln To understand the implications of a paradigm changing technology, one must intimately understand the problem that is being addressed. If we do not understand the problem at a granular level, how can we ever determine what may be a suitable solution? Bitcoin has been obtuse to many, the reason being that most simply do not understand the problem of money; if you are one of...
Ethereum (ETH) Price Set New Record High of $3,450 3 hours ago by Steve Muchoki · 3 min read Photo: Shutterstock You have successfully joined our subscriber list. The spike in Ethereum price rejuvenated the cryptocurrency bulls after the entire market consolidated for around two weeks. After adding over 16% on Monday and closing the day trading at $3,431, Ethereum (ETH) price continued to push higher and did set a new record of slightly above $3,450 according to Binance-backed CoinMarketCap. Meanwhile, the asset was trading around $3,373.45, up approximately 9.04% in respect to yesterday...