The cryptocurrency market shot up over $10 billion in the past 24 hours on strong volume.
Is this the beginning of a recovery?
Dash has released Evolution 0.13, a massive update that greatly increases its functionality. One of the primary new features is InstantSend, enabling instantaneous transactions.
Will this update be enough to breathe life into the struggling cryptocurrency?
The Bitcoin Cash hash war mentioned in a previous blog post is largely over. Bitcoin Cash’s hard fork variants have failed to destroy each other, although they still vow to fight to the death. Nonetheless a winner has been declared. Roger Ver’s Bitcoin Cash ABC has claimed the title of Bitcoin Cash. Craig Wright’s version has been relegated to the name Bitcoin Cash Satoshi’s Vision (BCHSV), and is traded on less exchanges than Bitcoin Cash (ABC).
Coinbase has launched their innovative program Coinbase Earn, which pays you to learn about cryptocurrency. Pay me to learn about crypto, you say? Where do I sign up!?
To learn more read on…
Things are looking pretty grim in the crypto sphere right now! Bitcoin has dropped from $6,500 to a low of around $3,450.
As of writing this article bitcoin is now at $4,166, so it bounced a little from the support level at $3,600.
I’m still nervous though. This price decrease was caused largely by a hash war on the bitcoin cash hard fork, which has no end in sight.
MultiVac, a blockchain platform similar to Ethereum, has announced that they may have solved the scalability issues plaguing blockchain technology.
Multivac states that their network has achieved a whopping 30,784 transactions per second. In comparison, bitcoin has about 5 and Ethereum has 10 transactions per second.
If this is true, this announcement is a game changer.
Have you ever dreamed of setting up a computer program that makes money for you? That is exactly what a cryptocurrency trading bot is. It’s a program designed to trade for you and generate passive income over time.
Sounds pretty appealing, right? However the truth is that many of these cryptocurrency trading bots lose you money, or break even.
Here are three that actually work:
Medici Ventures (a subsidiary of Overstock) has invested in a decentralized competitor of Facebook named Minds.
The total amount invested in series A is over $6 million. Minds is an extremely innovative social network that pays its users to participate.
When it comes to the blockchain and cryptos, our co-founder Will Salisbury pretty much lives and breaths it. Recently, he had the opportunity to join another podcast as a guest to give a bit of a “cryptocurrency 101” crash course. The Podcast is called PayPod: The Payments Industry Podcast, and is hosted by Soar Payments LLC.
Will joined host Scott Hawksworth (yes, the other co-founder of Blockchain Decrypted) to give a bit of a 101 course on cryptos for payments industry professionals. While many in payments have been aware of bitcoin, widespread adoption is something that’s still forthcoming. Will’s championing of cryptos makes a fantastic case!
The blockchain manufacturing market is expected to be worth $30 million by 2020, according to a recent market report. By 2025, the report states that the blockchain manufacturing sector will be worth over 560 million dollars.
This is an absolutely staggering level of growth. That’s almost a twenty fold increase in value in just seven years. Logistics and supply chain management applications will be what causes a large portion of the growth.
What does this level of growth mean for the average person looking for a job in the blockchain industry?