Tag: altcoins
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To stay relevant, Solana Co-Founder believes Bitcoin should switch to Proof-of-Stake consensus.
Anatoly Yakovenko, one of the co-founders of Solana, a proof-of-stake blockchain with smart contracts, has made a number of statements criticizing bitcoin’s consensus algorithm. In an interview with CNBC, Yakovenko stated that if bitcoin does not switch to a proof-of-stake (PoS) consensus algorithm, it will lose popularity. Other organizations have also attacked bitcoin, implying that…
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Binance: Official Launch of 2.0 Platform with Margin Trading
Binance, the world’s largest cryptocurrency exchange by daily trading volume, has launched its 2.0 margin trading platform to increase trading potentials in order to meet the traders’ needs. In their release statement, Binance asserted that margin trading (which is an effort to push the industry towards the freedom of money by letting traders borrow funds…
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BTC Below $7,000 As Crypto Markets See Modest Downward Trend
April 5: Bitcoin (BTC) has dropped slightly below $7,000 today, following on the heels of a weak second quarter start for the traditional markets. BTC is currently trading for around $6,811, down almost 4 percent over a 24 hour period to press time. This week had seen BTC’s price consistently above $7,000, so today’s lower price could be…
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Altcoins Steal the Spotlight as Bitcoin Reaches New Highs
Bitcoin, the world’s leading digital currency, has started the new month by surpassing $1,500 per coin to reach a new all-time high. Bitcoin managed to keep its positive momentum after rallying in April to peak at $1,441.39following the news that Japan has officially recognized bitcoin as a legal payment method and that Russia’s lawmakers are…