Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.”
Auto Added by WPeMatico
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.”
Bitcoin and most major altcoins are attempting a recovery, but they are likely to face strong resistance at higher levels.
It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting.
Bitcoin continues to encounter resistance near $60,000, but this hasn’t stopped altcoins from advancing on their previous all-time highs.
Bitcoin and most major altcoins rebounded off their strong support levels, but the real challenge for the bulls is to sustain the momentum and clear the $60,000 resistance level.
Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.
Brad Garlinghouse – CEO of Ripple – recently stated that Dogecoin might not be good for the crypto market. In the context of using cryptocurrencies as an inflation hedge, he…
Bitcoin and most major altcoins are struggling to find bullish momentum, a possible signal that prices could continue to erode.
Starting in 2013 with a supply limit of 100 billion coins, Dogecoin eventually switched to an uncapped supply.
Despite the problems, Ripple has not given up on its mission to become a significant player in the global payments industry, and even though things are not going so well…