Statechains: Sending Keys, Not Coins, to Scale Bitcoin Off-Chain

Block space is limited: The Bitcoin blockchain can only process some 10 transactions per second, at most. To resolve this, Bitcoin’s technical community is developing second-layer protocols that process transactions “off-chain,” such as the Lightning Network and sidechains. Using clever cryptographic tricks, these transactions are batched to periodically settle on the Bitcoin blockchain as a …

Ethereum to Skyrocket by 70 Percent Against Bitcoin, Predicts Analyst

By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher …

Bitcoin Bulls Are Running Again

After over a week of consolidation, bitcoin price has started to move again as we enter the weekend. Many had anticipated a selloff and larger correction, which still may come, but at the moment the bulls are back in play as BTC breaks resistance. BTC/USD Breaks Resistance From an intraday low of around $8,200, bitcoin …

ChainLink-Google Deal Is An Approval, A Link Mega Rally in Waiting?

Link prices surge, up 38.4 percent The involvement of Google may cement ChainLink’s position Google’s interest is enough to propel Link’s prices to new highs. Consequently, ChainLink may end up dominating the Oracle market. Thanks to yesterday’s announcement, Link is up 38.4 percent. However, this appears to be the early stages of a possible mega …

Bitcoin Price Reclaims $8,200 as Trade War Intensifies Bullish Demand

By CCN Markets: In the past four days, the bitcoin price has increased from $7,630 to $8,240 by nearly eight percent against the U.S. dollar as other major crypto assets such as Ethereum and Litecoin recorded large gains. The bitcoin price has recovered strongly in the past four days, reclaiming $8,200 (source: coinmarketcap.com) As technical …

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on …

Jack Dorsey’s Square Makes First ‘Bitcoin Not Blockchain’ Hire

Following Jack Dorsey’s commitment to ‘give back’ to the Bitcoin ecosystem, Square Crypto has announced its first employee. Although not without a bit of good-natured trolling on Twitter first. Jack Dorsey’s Descent Into Bitcoin’s Rabbit Hole Twitter and Square CEO, Jack Dorsey, is a big fan of Bitcoin. We know this because a/ he doesn’t …

For First Time in 4 Years, Key Indicator May Signal Bitcoin Price Rally

By CCN Markets: According to technical analyst Eric Thies, a key technical indicator may signal strong long-term momentum for bitcoin for the first time since 2015. Key technical indicator for bitcoin about to signal an upside movement (source: King Thies) The last time the 1-month moving average convergence divergence (MACD) achieved a signal cross, the …