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“# ‘Bull market distribution has begun’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute. A week of sideways BTC price action came to an end just in…
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, LINK, VET, AXS ” Bitcoin’s (BTC) bullish sentiment received a minor setback on Nov. 12 afte the Securities and Exchange Commission (SEC) rejected VanEck’s Bitcoin exchange-traded product that planned to track Bitcoin’s spot price. However, this negative development was followed by the successful activation of…
“# Without quantum security, our blockchain future is uncertain ” News that two teams of Chinese scientists have achieved quantum advantage — a technical term for when a computer can perform functions beyond that of a classical computer — may be the signal that we have truly entered a new era. While Google’s 54-qubit quantum…
“# Bitcoin sets up nail-biting weekly close after Taproot goes live ” Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView What ETF rejection? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding…
“# BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade ” The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading…
“# Bitcoin Taproot upgrade improves the network as BTC price impact may be limited ” 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…
“# Bitcoin halts losses amid criticism ETF rejections have cost investors ‘12,700% gains’ ” Bitcoin (BTC) tapered losses on Nov. 13 as the market showed little interest in U.S. regulators refusing to allow a spot exchange-traded fund (ETF). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETF rejection causes few market headaches Data from Cointelegraph Markets…
“# Chinese provincial official expelled for violating crypto mining ban ” The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power. The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese…
“# Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0 ” The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem. As time…
“# Pew Research Center: at least 16% of Americans have owned crypto ” A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18-29, and even higher to 43% for specifically males…