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Is Proof-of-Work a Major Problem for Bitcoin’s Future?

Bitcoin is a very energy-inefficient project as of right now. The proof-of-work aspect has been discussed many times over. It seems community members are now advocating to change this algorithm altogether. With mining centralization becoming a real problem, such a change is not necessarily a bad thing. The Proof-of-Work SituationGenerating new Bitcoins requires dedicated hardware. This hardware is

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Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure

After seeing a rally to the $11,000s, bitcoin has managed to pull back to the $9,000 range and has left many bullish investors confused. The initial bullish rally seemed promising as it broke the macro, descending channel that governed much of the market over the last two months:Figure 1: BTC-USD, 6-Hour Candles, Descending ChannelThe breakout of the descending channel (red dotted channel) gave ho

Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged

Featured Venezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency, the petro. Union leaders are outraged by the suggestion, calling the petro a scam, accusing Maduro of abusing his power, and declaring the idea unconstitutional.Also read: Indians Look to

An Ethereum Classic Fork Snapshot Is Coming Next Week

Altcoins Next week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000 and ETC holders will receive a 1:1 ratio of CLO coins.Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Medi

Altcoin Analysis: NEO, EOS, LTC, IOT and Lumens

Apart from this LTC explosion, most altcoins especially NEO and EOS are moving lower. Our IOTA ceiling at $2.2 is proving significant and keeping buyers away.In my view and sticking strictly with price action, our buy views remain valid as long as key support levels repulse bears in the coming sessions.In that case, I will be watching $130 and $110 in NEO chart and $8.5 at EOS to see if there will

Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review, Feb. 10 – 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTCexchange.Both equities and cryptocurrency markets rallied together last week, as each recovered prior losses. Investor

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Wendy McElroy’s TSR: Privacy Prevents Violence and Crime

Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 2 : The Moral Imperative of PrivacyChapter 6: Privacy is a Prerequisite of Human Rightsby Wendy McElroy(Crypto) Privacy Prevents Violence and Crime (Chapter 6, Segment 1)Unlike the communities traditionally associated with the word “anarchy”, in a crypto-anarchy the gove

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTCexchange.After a massive sell-off earlier this year, the cryptocurrencies are trying to pull back. Among the top coins

Altcoin Analysis: NEO, EOS, LTC, NEM and Lumens

Besides EOS/USD, most high cap altcoins are trading above the middle BB-a level which is important in our analysis.Even though we saw a general slowdown in bullish momentum, we expect prices to bounce back today or tomorrow and with every low these alt coins make, buyers should take advantage of the free discount and load up their longs when a stochastics buy signal prints preferably in the 4HR ch

Altcoin Analysis: NEO, EOS, LTC, NEM and Lumens

Unexpectedly, altcoins inched higher yesterday even after bears seem to be driving prices lower.From the charts, we can see that LTC pair is moving along the middle BB and finding it hard to breach and close above $170 which from our analysis remain a strong resistance level and a buy trigger.Let’s have a look at these charts:XLM/USDXLMUSD Daily Chart for February 13, 2018From yesterday’s pric

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