Bitcoin Price Bull Run May Last 3 Years With $45K Top, Says Tone Vays

Today popular market analyst and Cointelegraph contributor filbfilb joined veteran trader Tone Vays on his YouTube trading channel. During the discussion, each trader discussed their long and short-term vision of Bitcoin’s price (BTC) action, along with the various trading indicators and styles they use.  According to Vays, Bitcoin’s price action on the weekly time frame remains strongly bullish as Bitcoin broke through multiple levels of resistance and is still on six on the TD Sequential indicator, which is favored by Vays.  BTC USD weekly chart. Source: TradingView Vays also pointed…

Does Blockstack Really Have 1 Million Verified Users?

Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that some in the community did not believe. Cointelegraph conducted an analysis of blockchain data to see if this claim could be confirmed. The importance of the milestone The Blockstack initial coin offering (ICO) was conducted in November 2017 through the CoinList platform. It was notable for being “SEC-qualified,” meaning that it had stronger reporting obligations…

Dow Faces Headwinds After Boeing Suffers Another Brutal Blow

Risk sentiment soured in the U.S. stock market ahead of a long weekend as more lawmakers claimed China is losing control of the coronavirus outbreak. Boeing stock added to the Dow Jones’ troubles as United Airlines pushed back the return of the 737 MAX to September. Troubling industrial production data is likely to only get worse, according to ING. The Dow Jones fell 100 points on Friday after Boeing (NYSE: BA) stock suffered another brutal blow. United Airlines announced that the 737 MAX would not return to their lineup until…

For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs

Bitcoin investors speculate the upcoming halving could send prices skyrocketing to $90,000 or higher.  To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs. In a new report, the crypto-focused research firm TradeBlock estimates the average cost to mine a single bitcoin (BTC) could jump to $12,525 after the halving, expected in May. That’s nearly double the average cost of $6,851 now. Essentially, miners will have to run twice the number of computations, with a corresponding increase in electricity…

Hedera’s Token Price Spikes Prematurely After Google Cloud Joins the Network’s Governing Council

After Hedera Hashgraph announced that Google Cloud would be joining its governing council on Tuesday, the price of the network’s native token HBAR rose above 5 cents for the first time since the network’s launch and above 2 cents for the first time in a month. As part of the body of advisors who oversee software changes for the network and ensure the hashgraph’s decentralization, Google Cloud will run a node and make hashgraph analytics available alongside Google’s other public DLT datasets, Google Cloud developer advocate Allen Day wrote in…

The Top Narratives Driving Crypto Market Growth, feat. Travis Kling

The halving? Coronavirus and volatility? Fed action? Listeners vote on what’s driving crypto growth. There’s no denying 2020 is off to a roaring start. From prices to volume to social media, sentiment is up, up, up. But what’s driving it? On this special Valentine’s Day episode, @nlw reacts to listeners’ votes about which narratives are driving the shift in energy, discussing:  The episode finishes with some hot takes on what is driving the markets and what we should be most concerned about and most excited for, with Ikigai Asset Management’s chief…

Lady Gaga’s Valentine’s Day Stunt Makes Her the Queen of the Incels

Lady Gaga just proposed to herself for Valentine’s Day. But don’t think the pop music superstar was “born this way.” Music, movies, and television taught us to be this selfish. Lady Gaga proposed to herself for Valentine’s Day. The entertainment media are covering the stunt like it’s bold and edgy, but it’s exactly the sort of antic we would expect from her. Stefani is always trying a little bit too hard to be “unique.” It’s just a brand. Has Stefani ever had an original idea in her life? She copied…

Google Partnership with Hedera Hashgraph Can Generate $1.9B by 2024

Independent research firm Fundstrat predicts that Hedera Hashgraph, the enterprise-grade public distributed ledger platform, could generate $1.9 billion in value across its network by 2024. Fundstart’s predictions are highlighted in their latest report, which analyzes Hedera’s recent growth.  The report shows that Hedera’s platform has handled over 36 million transactions since September 2019 when the network became publicly available for anyone to build, test and deploy applications on it. Hedera’s distributed ledger technology is currently being used by companies such as Acoer to help track the spread of the deadly…

Lord of the Rings Is Better Off Without Daedalic Entertainment

Daedalic Entertainment, the developer behind the Edna & Harvey series, appears to be experiencing some financial difficulties. They recently abandoned A Year of Rain, and other financial woes put the release of The Lord of the Rings Gollum into question. This might be the best thing to happen to The Lord of the Rings franchise in a long time. The Lord of the Rings has desperately needed some breathing room for a long time. No matter how many times they try, gaming companies have struggled – and mostly failed – to…

IOHK Opens Cardano Research Lab at University of Wyoming Following $500K Donation

The Cardano blockchain’s lead development firm has established a new research center at the University of Wyoming (UW), after making a $500,000 donation in the ADA cryptocurrency. IOHK announced Friday that its new research and authentication center would form part of UW’s Blockchain Research and Development Lab and would promote the company’s academic approach to blockchain development and engineering. The center will feature a new Plutus development facility, providing blockchain developers with an applied laboratory for writing code in cardano’s smart-contract language, as well as tools and resources to experiment…