The long term positive coherence relationship observed between online metrics and price may be the result of another factor which we hypothesise could be technical progress. As a project makes technical progress, it is likely to have a community form around it over time, increasing online activity and also demand, and hence price, of the particular cryptocurrency. An interesting avenue of future work would be to consider the coherence between price and technical progress (via looking at each projects source code repository—these are available as cryptocurrency projects are generally open-source).
“Volatility is as old as the hills, and it’s not going anywhere,” Noble says. “It’s something you have to deal with.”
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RENO, Nev. (AP) — A former school teacher has sued the CEO of a major cryptocurrency company that wants to build a smart city in the Nevada desert, accusing him and his wife of sexually harassing her and creating a hostile workplace at their Lake Tahoe home where she worked as a nanny, tutor and assistant...
LifestyleMoneyWhy is crypto down today? Cryptocurrency market crash, China ban - prices of Bitcoin, Shiba Inu and Ethereum
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Among those who called it, hedge fund manager Mark Dow wrote almost exactly a year ago about his decision to short bitcoin after future trading on it first began:
Musk reaffirmed his belief that cryptocurrency has a “promising future” but that it “cannot come at great cost to the environment”, in his Twitter post.
US-based digital payments major Visa, and Metaverse - a new generation online virtual reality space have come together in buying their first crypto asset.
With the V2 upgrade, SafeMoon contracts will have additional use-cases, driving the token’s adoption higher.
A layer-one smart contract platform, Fantom, is another take on smart blockchain commonly represented by Ethereum, Solana and the likes. However, its compatibility with the ERC20 standard ensures that users can purchase an Ethereum-compatible FTM token, which can be converted to a native FTM compatible token once they initiate a transfer to their wallet.
Cryptocurrency’s technical foundations date back to the early 1980s when an American cryptographer named David Chaum invented a “blinding” algorithm that remains central to modern web-based encryption.
Tokens, on the other hand, are not representative of any physical thing. They can be used to purchase from the dApps and can be used to get discounted fees and voting fees making them increasingly popular. This is similar to the decoupling of fiat currencies from the gold standard.
It seems all too fitting that Facebook’s plans to launch a digital coin were leaked in the second-to-last week of a year that saw the tech giant’s reputation pummeled and cryptocurrencies crash and burn. It’s like grilling a shit sandwich over a dumpster fire.
The surge in Bitcoin’s value in recent weeks follows the much anticipated first Bitcoin ETF debuting on the New York Stock Exchange, and a record-breaking October for the stock market in general.
Bitcoin price has spent roughly two weeks consolidating around a psychological barrier and shows no affinity to move higher or lower. This indecision indicates reduced volatility and that an explosive move is on its way. Read full analysis Pulse Bomber Launched with a Low Market Cap and Big Future Potential Bybit - Could remittances be the next major use-case for cryptocurrencies?
If you invest in crypto and blockchain projects, this is the essential app for you to track their health and activity. Get descriptions, charts – including candlestick charts, daily historical OHLCV data – and links to each project in the same place. Get only the latest and greatest!
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