Bitcoin traders were waiting for the price to drop to the support at $9,500 but this was not to be. Instead of dropping further, the price stabilized at the $9,800 level and continued its upward momentum. However, the next hurdle is the $10,400 area where Bitcoin currently finds resistance.

Miners now keep running the remaining old machines since a high bitcoin price at the moment (above $10,000 since the weekend) keeps such operations profitable, while waiting for new models to be delivered. While most mining farms remain open during the Chinese New Year, there have been incidents where mining farms were shut by local governments due to the Wuhan Coronavirus outbreak.

Sharding to Scale Ethereum 2.0 which is a database scaling solution. There are two reasons for which a database might need scaling. Too much load and too much data. In these cases, the database can be sharded.

Litecoin Foundation revealed that they entered into a strategic partnership with Cred to offer interests on LTC held as collateral. With this move, Cred clients get the chance to freeze up their holdings with Cred.

As more people and industry stakeholders will discover $CHZ in the next few days/weeks, it is time for a recap thread courtesy of Alexander Dreyfus.
What exactly is Chiliz CHZ?

References:

Bitcoin Price Rebounds Strongly
https://cointelegraph.com/news/bought-the-dip-bitcoin-price-rebounds-strongly-with-11-000-in-sight
Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment
https://finance.yahoo.com/news/bitcoin-mining-difficulty-stagnates-coronavirus-050000757.html
https://www.aljazeera.com/ajimpact/crypto-boss-sees-bitcoin-mining-shift-china-americas-200211192800474.html
Ethereum Price Explodes, Now Up 100% in 50 Days. 100K Validators Flock to Stress Test Lighthouse Ethereum 2.0 Testnet
https://cryptopotato.com/100k-validators-flock-to-stress-test-lighthouse-ethereum-2-0-testnet/
Litecoin Collaborates with Cred
https://www.altcoinbuzz.io/cryptocurrency-news/partnerships/litecoin-collaborates-with-cred/
Cliliz Founder Alex Dreyfus Recaps Chiliz and is getting excited about next ‘announcement’?

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27 COMMENTS

  1. 2020 has started with a not-so-bad note and very recently, Bitcoin surpassed $10,000. Bitcoin has increased other crypto assets surging as well. After 7000 worth of BTC got hacked in Binance, the cryptosphere is not in high spirits. But Wences Casares, the CEO of Xapo and a board member of PayPal has been an ardent supporter of Bitcoin and has recently said that Bitcoin value might surge by atleast 250X in the near future. It looks like the bull run has already started and this time it's not going to stop. everybody should buy more and join the gain, for me i advice you multiply the little you have with frank's strategy i was able to make 5btc with 1.5btc in 3 weeks with the same strategy, You can reach him on Franktrading99@gmail. com or via telegram +1 (661) 372-0157

  2. Lisk is the biggest coin to make the most… I will tell you why….. Anybody with limited knowledge can build on its blockchain because it uses Java. In the future like years others will thrive but for now JAVA is solid …

  3. I hope you guys realize that according to the charts on longer time scales we're in a tightening zone, we will probably hit $11k but get rejected. At some point after more tightening were going to hit a fork in the road and we'll either break up (which would be confirmation for a genuine bull run) or break down possibly retesting $6k.

  4. lol bull run my ass, after it tanks 800 this week and youll make another title saying "bull trap? heres why. how many times have these crypto yters pull this crap.

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