Cryptocurrency

Chainlink present OCR system upgrade, minimizing gas expenses significantly

Chainlink (LINK) has launched a major upgrade for its oracle network, dubbed Off-Chain Reporting, or OCR. The upgrade was announced on Wednesday, though the implementation has been live for some time already. OCR changes how data across multiple sources is joined together by the oracle network. Previously, the process of aggregating different readings of the same desired input, for example…

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Cryptocurrency

Bitcoin Investors With Less Money Than Elon Musk Ought To ‘Watch Out’ Said Bill Gates

Bill Gates is not bullish on bitcoin because of the massive energy the cryptocurrency uses. The billionaire philanthropist said that during a recent interview and also warned people who have less money than Elon Musk to be wary of potential financial losses if invested in BTC. Gates on Musk and BTC Ever since news broke that Elon Musk’s electric vehicle…

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Cryptocurrency

Ethereum Cost Analysis: 30% Correction in 2 Days However is the Worst Over for ETH?

ETH/USD – Market Falls Of Out Rising Pirce Channel Key Support Levels: $1465, $1425, $1358. Key Resistance Levels: $1600, $1681, $1700. Yesterday, Ethereum dropped to $1550 but quickly recovered by the end of the day to close the daily candle just beneath $1800. Today, the market tumbled again and declined by another 10% to reach the current $1550 level. Ethereum…

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Cryptocurrency

Charles Hoskinson Exposes Significant Updates for Cardano (ADA) as Price Efforts Healing

The decentralized open-source project running a public blockchain platform for smart contracts, Cardano, plans to implement several significant upgrades in the upcoming few months. During a recent interview, the project’s founder, Charles Hoskinson, also noted that Cardano has been negotiating potential partnerships with many industry names such as Celsius, Fireblocks, and Prime Trust. Significant Updates Coming for Cardano The 33-year-old…

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Cryptocurrency

Apron Network Launches Node Service Product on Huobi’s ECO Chain

[PRESS RELEASE – Please Read Disclaimer] Apron Network has successfully developed a set of node services and successfully launched them on Huobi’s Eco Chain. This is intended to fill the gap of the Heco ecosystem node services while also providing free tools for developers. Apron Network has successfully completed its private sale round. It saw participation by companies such as…

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Cryptocurrency

NFT Platform Ethernity to Release IDO on Polkastarter

Ethernity, the digital platform building an NFT ecosystem, has announced plans to launch on the decentralized fundraising platform Polkastarter. The team will conduct a public sale of its ERN token on the permissionless DEX for cross-chain pools and auctions to enable its community to participate in the ongoing NFT craze. Ethernity To Go For a Polkastarter Launch Ethernity is a…

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Cryptocurrency

Bitcoin prints biggest hourly candle light in history after BTC rebounds highly to $54K.

Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin loses $6,000 in minutes Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400. After reversing…

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Cryptocurrency

Soccer fan tokens on the march as Poland’s biggest club embraces crypto

The spread of blockchain-based soccer fan tokens across Europe continued on Feb. 22, as Poland’s most successful soccer club partnered with sports fintech firm, Chiliz. Legia Warsaw, which holds the record for the most number of Polish league championship wins, will launch a token on the fan engagement and rewards platform, Socios. The $LEG fan token is expected to launch…

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Cryptocurrency

Fuel for a wider Bitcoin rally? BTC dip fills futures space, liquidating $1 billion

An important  Chicago Mercantile Exchange (CME) Bitcoin (BTC) futures gap closed as BTC/USD suddenly dropped below $54,000 on Feb. 22.  A CME gap forms when the price of Bitcoin moves either up or down after the CME closes during the weekend or holidays in the U.S.  Unlike most cryptocurrency exchanges, since the CME Bitcoin futures exchange is not open at…

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