The news in the crypto space today from several angles.
• Satoshi BTCs postponed Mainnet Launch Date: The core blockchain development team for the popular Crypto mining platform Satoshi BTCs has announced the postponement of launching the mainnet from the second quarter to the third quarter of 2022.
CoreDAO team explained that the postponement will make them test the upgrade which they have identified and improve Satoshi plus consensus algorithm and make it more decentralised.
We identified a potential improvement to the Satoshi Plus consensus algorithm to make it more decentralized. Our planned 2Q release will be delayed in order to thoroughly test this upgrade. We feel 95% confident to release the MainNet in the third quarter this year. #CoreDAO pic.twitter.com/vctHIlM1Zs
— Core DAO (@Coredao_Org) June 21, 2022
However, some of the eager miners who have been expecting the launch of the mainnet this June end felt disappointed with the latest development.
• Bitcoin price recovers to $21,000: The yesterday trading section sees Bitcoin broke through the short-term resistance of $21,000 and since then still maintain an upward move giving some hopium for the investors.
• Elon Musk- "I have never said people should invest in crypto": Elon Musk stated this in an interview with Bloomberg News Editor-in-Chief John Michletwait today 21 June, at the Qatar Economic Forum.
He made this statement after he was sued alongside Tesla and SpaceX in a $258 billion lawsuit by a Dogecoin investor Keith Johnson who accused Musk of crypto Ponzi.
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