Author: NewsBTC
Ross Nicoll, a Dogecoin core developer, has announced his intention to back away from the meme-based cryptocurrency. His justifications? The coin-making process was too stressful for him, and he has no desire to be associated with a potential conflict of interest in the job. Dogecoin fell nearly 4% to $0.14 shortly after the news. For the uninformed, the Dogecoin Foundation is a not-for-profit organization dedicated to the growth of the meme coin. The foundation was re-formed in August after being created in 2014 but became inactive over time. Vitalik Buterin, co-founder of Ethereum, is a consultant at DF. Goodbye, Dogecoin Core Developer…
The way bitcoin holders move the BTC in and out of their wallets can often be a strong indicator of where the market might be headed next. Not just the movements of the asset, but where they are being moved to. An example of this is when more investors are moving their holdings to exchanges, which means that sell sentiment has risen and investors are dumping their coins, and vice versa. In this same line, looking at the liquid and illiquid supply of bitcoin can also be another strong indicator. And this time around, the percentage of bitcoin supply that…
Small-time bitcoin miners are making headlines for essentially hitting the jackpot by mining full blocks all on their own. In what has become a modern-day ‘gold rush’, bitcoin enthusiasts are now taking to booting up small USB miners will tiny hash rates to try their luck in what is eerily similar to buying lottery tickets. Among the miners who have rushed to this, a few have hit the ultimate prize. Solo Bitcoin Miner Gets Full Block The miner who is part of a mining pool that allows solo miners pool their hash rates together to increasing their chances of solving…
Cardano (ADA) has followed the general trend in the market and records losses across the board. The seventh crypto by market cap trades at $1.22 with a 2.2% and 10% loss in the past 24 hours and 7 days, respectively. However, Cardano continues to be one of the most active ecosystems in the crypto industry. This won it the title for most active project on GitHub in 2021 as developers rushed in to explode its smart contract and interoperable capabilities. As the Marketing and Communications Director for Input Output Global (IOG) Tim Harrison reported, the Cardano project has over 67…
The world’s largest cryptocurrency has been seesawing around $46,000 after multiple failures of breaking $47,000. On Wednesday, it even plunged to $43,000, breaking several moving averages. Bitcoin is finally making some big moves and we can expect the next few days to be highly volatile. Since late 2020, institutional investors have raced into the crypto markets and contributed to the boom of cryptos in 2021. According to the latest data of CryptoQuant, the “exchange whale ratio”, an indicator that measures the amount of top 10 transactions compared with the total inflows of exchanges, has reached 0.9. This indicates that the…
RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations, when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation. However, in recent years, big box presence has dwindled, and RadioShack has been largely seen as a legacy brand that failed to shift to consumer demand – investing in brick and mortar without optimizing their online shopping experience. Could the century-old consumer goods brand keep it’s heart pumping through… DeFi? RadioShack Is Now…