Blockchain

An American crypto investor by the name of Keith Johnson has filed a $258 billion lawsuit against Elon Musk at the federal court in Manhattan. He claimed that Elon Musk has used his influence as the world’s richest man to push and promote Dogecoin when it has no value. He alleged that Dogecoin is a […]

Workers at Terraform Labs were said to have been prohibited from traveling out of South Korea while probing is ongoing. This ban was imposed on Terraform workers by Prosecutor’s investigation team from Southern Seoul. The purpose of the ban was to prevent notable Terraform workers from eluding investigation. It was also gathered that the company’s […]

Since the 15th of May, after the steep price crash, Ripple has been struggling; as its price action ranges sideways. Between the 10th to the 13th of June, we witnessed a slight, daily consecutive drop in price From $0.40857 to $0.31056. SUPPORT LEVEL: $0.3328, $0.29560, $0.28164 RESISTANCE LEVELS: $0.41653, $0.45513, $0.44444 Readings From Indicators The […]

The president of El Salvador: Bukele, has been under the attack from critics, as Bitcoin falls deeper below $23,000. However, Bitcoin hasn’t fallen this far since last month of 2020. This undesirable occurrence started at the beginning of Tokyo Trading period on Monday this week. Bitcoin became vulnerable after the publication of US inflation data; […]

Billy: inventor of Dogecoin shared his opinion on the belief that crypto can function as a protection against inflation. He opined that such beliefs are just marketing and that the reason why people possess crypto is due to its very volatile nature. This story surrounding crypto came up some months ago. At that time, cryptocurrency […]

Rapstan is an Ethereum experimental network (testnet). It was created to afford Ethereum Network an opportunity for a safe future transition from Proof-Of-Work to Proof-Of-Stake. Initially, Ethereum is operating on proof-of-work to mine new coin. PoW has a lot of problems attached to it, and that is why innovators came up with a new design […]

One of the challenges of cryptocurrencies is the consumption of a high amount of electric power. Powerful computer systems need a high amount of electrical power for mining new coins. Proof-of-work came into existence in 1993. It was created to solve the problem of spam emails. Proof-of-work was adopted by Satoshi Nakomoto (the founder of […]

New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]

NFT developers just got a new building tool as the bear market rages on. According to NFbarter project founder, Mr. Leo Viturin: “Our team has just launched what the company bills as a web3 marketplace protocol for safely and efficiently buying and selling NFTs. The protocol will allow for a more varied and specific NFT […]

It is going to almost a month now as BTC/USD seems to be unable to break away from the $30,000 area. After the incident of BTC’s crash in May, the price action appears to be performing on a sideway pattern. The consolidation is around the $30,000 area. As at the time of writing this analysis, the price action is at […]