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Bitcoin rises, Satoshi discovers and Google enters the race

May 31, 2020

It was a strange week for BTC as we entered our new era of mining rewards. The price ends the week lower, but a late rally has delayed it to $ 9,000. Technical analysts believe that Bitcoin will continue to grow due to the liquidation spread of short positions, a discussion of cryptocurrencies on demand from Goldman Sachs customers, and lack of funding on the futures market. On the other hand, If the rating agency Weiss is right, there may now be over 21 million bitcoins in circulation. The agency, known for its controversial views, blames the agencies for their leverage.

However, Google’s entry into the blockchain space could help absorb some of this additional offer, if any. Blockchain company Theta Labs has partnered with Google Cloud to allow users to deploy and run nodes. Google Cloud will also act as a validator in the service of Europe. On the other hand, Google’s Chrome faces strong competition from Brave with cryptocurrency technology. The browser now offers video calls, even if the telegram messaging service seals the exit from the open telegram network. TON now stands for “The Open Network”.

While Google is preparing the validation, other Bitcoin owners have carried out the validation. They used 145 addresses to be the man who claims Satoshi Craig, Wright, “a liar and a fraudster”.. Wright had said he had checked the instructions. Maybe they should have asked Wright if he had a Mac. Laszlo Hanyecz, the “kind of Bitcoin pizza” that worked with Satoshi to develop Bitcoin, said Satoshi only works on Windows. Kenneth Blanco, Director of the U.S. Financial Crime Compliance Network (FinCEN), In an interview with Chainalysis, he warned of bad actors as well as dishonest nations that threaten blockchain technology.

Bitcoin rises, Satoshi discovers and Google enters the raceBitcoin rises, Satoshi discovers and Google enters the race

However, a cryptocurrency enthusiast could soon become the Fed candidate. Control President Trump for the Board of Governors of the U.S. Federal Reserve. UNITED STATES, Judy Shelton spoke of a return to the gold standard with a cryptocurrency site. Other national banks seem to be doing the same. The Bank of Lithuania has completed the investigation of its LBChain blockchain project. The House of Representatives of Antigua and Barbuda has passed a law to make the region a digitally friendly place. China also appears to be ready to promote its DCEP digital currency, which is supported by the country’s central bank, as a rival to the US dollar.

The private sector also continues to favor blockchain. Household goods manufacturer LG has joined Hedera Hashgraph’s government council. Hedera wants to build a blockchain platform at company level that benefits companies and consumers. Coinbase buys the Tagomi brokerage to take advantage of the rise in hedge funds and cryptocurrency macro investors. In the world of online entertainment, Dapper Labs, the manufacturer of CryptoKitties, swaps cute digital cats for collectible digital basketball cards under a contract with the NBA. PornVisory wants to give users tokens to watch porn (!) And Minecraft is giving cryptocurrencies a new way of mining. With the EnjinCraft plug-in, players can now integrate blockchain-based Minecraft assets. This is a completely different kind of mining reward.

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Joel Comm He is an internet pioneer, best-selling author of the New York Times, futuristic speaker and co-moderator of the Bad Crypto podcast. It’s a fancy way of saying that spells out words, says things, and likes to play with crypto.

The views, thoughts and opinions expressed here are only those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.