New COVID-19 Lockdown Proposal Poses Unique Threat to Bitcoin’s Ongoing Momentum

A new and wildly unusual COVID-19 lockdown strategy proposal for slowly reopening the economy has many investors and financial analysts scratching their heads, and it could impact Bitcoin‘s recent bullish momentum. Bitcoin And Other High-Risk Assets Like Stocks Remain Exposed to Another Collapse Fear, uncertainty, and doubt. FUD is among the most commonly used terms in the crypto space, as those three powerful emotions have the potential to cause massive, panic-induced selloffs. The fear of the novel coronavirus in early Q1 2020 and uncertainty over how it would impact the…

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Monster 369MB Block Processed on Bitcoin SV

Blockchain service provider TAAL has processed the largest block to date on Bitcoin SV — 369MB in size and containing 1.3 million transactions. TAAL announced the milestone on Twitter. The block is an order of magnitude larger than anything currently achievable on Bitcoin (BTC) or Bitcoin Cash (BCH). Speaking to Cointelegraph, Jerry Chan, Chief Executive Officer (CEO) of TAAL, said the transactions were primarily processed by users of an application out of China, who competed with each other to see who could create the most transactions in a contest designed…

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