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Chainlink (LINK) Surges 100% Since September as the Heavy Hitters Back Its Technology

Chainlink, a decentralized oracle system, is making significant strides to push the adoption of its technology. The firm recently announced a number of partnerships that show the intrinsic value behind its native cryptocurrency, LINK. Continue reading Chainlink (LINK) Surges 100% Since September as the Heavy Hitters Back Its Technology

Bitcoin’s Difficulty Falls As Miners Capitulate

On Monday, bitcoin’s mining difficulty adjusted itself down by 7%, making it easier for miners to solve algorithms, and thus mine blocks. As to why this occurred, it appears to be in conjunction with bitcoin’s recent price drop. Mining difficulty is set to reconfigure itself every 2016 blocks, or roughly every two weeks. Difficulty modulates based on how long it took for miners to discover the previous 2016 blocks. If it takes longer than two weeks, the difficulty is tuned down, and vice versa. Continue reading Bitcoin’s Difficulty Falls As Miners Capitulate

Stellar Dumps Nearly 10% As FOMO Rears Its Ugly Head

On Monday, the Stellar Development Foundation announced that it burned more than half of the Lumens in circulation. Supply went from around 105 billion to 50 billion. From a basic supply and demand standpoint, the reduction of coins in circulation should be extremely bullish for the cryptocurrency. Continue reading Stellar Dumps Nearly 10% As FOMO Rears Its Ugly Head

Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%

Peter Schiff is not afraid to make extremely bearish calls on bitcoin. It appears that the chairman of SchiffGold sees the cryptocurrency as a competitor of gold. Recently, the gold bug took to Twitter to share his gloom and doom prediction on bitcoin. Continue reading Crypto Trader Slams Critic Peter Schiff as Bitcoin Outshines Gold by 83,300%

Bitcoin Has Proven Itself as the Best Store of Value Over the Last Decade

Since 2010, bitcoin has died 377 times at the hands of experts and popular media outlets. At the height of the bear market in 2018, bitcoin was declared dead a total of 90 times. We are hurtling towards the end of 2019 and bitcoin is doing so well that it managed to carve a niche in today’s financial system. We talked to crypto traders, blockchain executives and researchers and they all agree that the cryptocurrency offers a strong value proposition. This unique quality enables the digital coin to overcome a number of its shortcomings. Continue reading Bitcoin Has Proven Itself as the Best Store of Value Over the Last Decade