Another reason, according to Ben McMillan, founder of IDX Digital Assets, is leveraged long positions, which exacerbated the sell-off into the Asian open on Friday. “This is nearly always the case with bitcoin,” said McMillan, who said that “$40,000 was an important support which has now turned into a resistance level and we could certainly see more downside over the … [Read more...] about Here’s Why Bitcoin Tumbled 11% in 24 Hours
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What Is Web 3? Here’s How Future Polkadot Founder Gavin Wood Explained It in 2014
The protocols and technologies on the web, and even at large the internet, served as a great technology preview. The workhorses of SMTP, FTP, HTTP(S), PHP, HTML and Javascript each helped contribute to the sort of rich cloud-based applications we see today such as Google’s Drive, Facebook and Twitter, not to mention the countless other applications ranging through games, … [Read more...] about What Is Web 3? Here’s How Future Polkadot Founder Gavin Wood Explained It in 2014
Here’s Bitcoiner Eric Wall’s 27 predictions for 2022
In a series of tweets, and answers to follow-up questions, Bitcoiner Eric Wall, a.k.a. “the alt-coin slayer,” predicts what will happen in crypto in 2022. A few of these predictions stand out more than others, for example, Eric Wall doesn’t believe the Bitcoin upgrade “Taproot” will amass more than 20 percent adoption during 2022.“Taproots improvements are not really … [Read more...] about Here’s Bitcoiner Eric Wall’s 27 predictions for 2022
Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200 million Web 3.0 social media initiative up to integrating with Opera's web browser to make its … [Read more...] about Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal
Crypto CEOs Hit Capitol Hill: Here’s What to Expect
LIVE COVERAGE: Tune into our live blog coverage by global policy and regulations managing editor Nikhilesh De.Digital assets will take center stage in front of Congress on Wednesday.The full House Financial Services Committee is set to meet this morning to discuss cryptocurrencies and stablecoins with Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian … [Read more...] about Crypto CEOs Hit Capitol Hill: Here’s What to Expect