Day: 3 April 2023

Bitcoin’s Rules Are Enforced By Physics

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[ad_1] The following article is an expanded, longer version of the original Medium article of the same name by the author, Tomer Strolight, in his series of articles on Bitcoin entitled “Why Bitcoin,” covering many aspects of Bitcoin, each with an average reading time of only three minutes. No Speed Limits Lead To Faster, Safer, More Reliable Cars. The German Autobahn highways have no legally-enforced speed limits. The laws of physics are the only limitations as to how fast automobiles can travel there. As such, Germans have figured out how…

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Litecoin price hits $400 all-time high, but LTC rally at risk of overheating

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[ad_1] Litecoin (LTC) has broken the $400 mark, reaching a new all-time high price of $414 on Bitstamp on Monday.  The problem with buying Litecoin is that it has become too expensive in a very little period. The world’s 10th-largest cryptocurrency by market capitalization is worth 215% more than it was at the beginning of this year, soaring from $124.42 to a new record high of $413.90. Its massive rally has beaten traditional markets on a year-to-date timeframe, with many independent analysts now predicting the move to extend toward $500.…

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Worldcoin Launches World ID, an AI Resistant, Iris Dependant ID Protocol

Worldcoin, a project co-founded by Sam Altman, who is also a co-founder of artificial intelligence (AI) startup Openai, announced the launch of World ID, a digital proof of personhood ID protocol. The protocol allows for an AI-resistant verification of humanness online, using a device called the orb to scan the iris of each person for verification. Worldcoin Launches Iris-Based World ID Humannness Verification System To Counter AI Worldcoin, a cryptocurrency token project that was co-founded by Sam Altman, co-founder of Openai, has launched World ID, an AI-resistant protocol that will…

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Who paid for Twitter Blue verification? Here’s how to find out

Under the direction of Elon Musk, Twitter rolled out the ‘Twitter Blue’ subscription as a means to discourage spam bots and fake accounts on the platform. Source – cointelegraph.com

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Bitcoin Back Above $28,000, But DXY Spoils Short-Term Outlook

The Bitcoin price plunged 2.2% at the beginning of the trading session in Asia, but managed to hold the important support at $27,700. However, a breakout of the US Dollar Index (DXY) could mean another pullback for the Bitcoin price in the short-term if the inverse correlation remains high. Triggering the sudden rise in the DXY (and the fall in the BTC price) was the surprise news from OPEC+ on Sunday that members of the oil alliance announced a 1 million barrel cut in oil production. Saudi Arabia, which plans…

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