Dan Larimer has left his position as CTO of Block.one, the software company responsible for developing EOS. Larimer made the announcement on Hive yesterday, saying he doesn’t know what he wants to do next. However, he did say that he remains committed to his mission of creating free-market solutions. “I am leaning toward building more…
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Bitcoin logged its worst plunge since March in the previous three sessions, stoking concerns among traders that its overheated price rally is beginning to lose steam. The flagship cryptocurrency plunged 5.18 percent during the weekend and extended its correction by an additional 7.29 percent to $35,388 by 0916 GMT on Monday. At its intraday low,…
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Ripple started a strong decline after it failed near $0.3700 against the US Dollar. XRP price is currently testing a major support near $0.2600 and the 100 SMA (H4). Ripple is down over 20% and it broke a couple of major supports at $0.3000 against the US dollar. The price tested the $0.2600 support zone…
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Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average. Ethereum failed to stay above the $1,200 support and declined heavily below $1,150. The price is down 20%, and it is approaching the…
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Bitcoin price started a downside correction after it broke $39,000 against the US Dollar. BTC tested the key $35,000 support and it is currently consolidating losses. Bitcoin started a downside correction below the $39,000 and $38,000 support levels. The price is now trading well below $38,000 and the 100 hourly simple moving average. There was…
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Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one. Block.one made history when it raised $4 billion worth of cryptocurrency for the initial coin offering of EOS, a blockchain that was built to compete with Ethereum and other smart contract networks. Block.one’s main project is EOS. Prior…
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Bitcoin plunged as low as $34,500 on Bitstamp just minutes ago as buying pressure finally began to subside heading into the weekend. After peaking at $42,000 late last week, the cryptocurrency’s price action began to taper off heading into the weekend. This culminated in a strong flush lower over the past few hours that brought…
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Bitcoin has seen some turbulence throughout the day as a result of its break below $40,000 This level has long held as support, but the lack of intense buying pressure throughout the day has allowed bears to push it below this level Bitcoin is now sliding lower, with bulls being unable to grasp firm control…
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Bitcoin plunged as low as $34,500 on top spot exchanges last hour as selling pressure picked up ahead of the weekly close. The cryptocurrency fell as low as $35,000 on futures exchanges as well, though spot sellers were leading the correction. While some began to fear that a deeper correction was in store, buyers stepped…
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Gather Network offers users new streams of income as the world is forced to live online The continued grip of CoronaVirus has seen the majority of the world’s population locked down at least once in the last year. As 2021 gets underway, we are more reliant on a stable internet connection than ever before to…
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