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Gold Will Likely Retest Historic Highs Soon

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Fed Weighs September Rate Cut as Inflation Cools and Unemployment Rises

Fed Minutes Drop Today, But All Eyes Are on Powell’s Jackson Hole Speech

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US Trade Policy: Wide-ranging Tariff Increases Heighten Global Credit Risk

Austria: Higher-than-expected Fiscal Deficits Increase Pressure to Accelerate Structural Reforms

U.S. Retail Sales Surge 1.4% in March, Driven by 5.3% Jump in Auto Demand

Trump’s Tussle With Inflation: Could Tariffs and a Stable Cost of Living Coexist?

Jobless Claims Fall, but Weak Manufacturing and Housing Data Disappoint

Sovereign Credit: US Policy Shifts Point to Tariff-light, Trade-war, Economic-crisis Scenarios

Italy: US Tariffs and Slow EU-fund Absorption Weaken Near-term Growth

A Closer Look at Exness’ High-performing Partnership Models

BTCC Exchange Pioneers Bitcoin Donations at Successful Legends Golf Day Charity Event Hosted by Red Eagle Foundation

Case-Shiller: U.S. Home Prices Rise in February as Tight Supply Supports Market

JOLTs Job Openings Drop To 7.192 Million; SP500 Rebounds From Session Lows

China’s Manufacturing PMI Falls as Export Weakness Signals Strain; Hang Seng Dips

Physical Gold vs. Digital Gold: BTC Breaks Out as XAUUSD Reverses from $3,500

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AXI Celebrates AXI Selects’s Two $1Million Funded Traders in Sydney, Australia

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Natural Gas News: Futures at Crossroads—Will 200-Day MA Support Trigger Bullish Rebound?

April ADP Jobs Report Misses Forecasts with Just 62K Private Jobs Added

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EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Quiet in Early Wednesday Trading

Bitcoin Price Outlook – Bitcoin Continues to Consolidate in Tight Range

S&P500 and Nasdaq Index: Stock Market Drops as GDP Miss Sparks Bearish Sentiment

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Flat Core PCE, Rising Spending: Is the Fed Done Hiking Rates This Cycle?

Crude Oil Price Forecast – Crude Drops Again on Wednesday

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Natural Gas Price Outlook – Natural Gas at a Crossroads

S&P 500 Stock Market Analysis – Trust the Thrust

Crude Inventories Decline By 2.7 Million Barrels; WTI Oil Attempts To Rebound From Session Lows

PrimeXBT Launches Swap-Free Accounts on MT5, Offering Interest-Free Trading Solutions

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Bitcoin Price Forecast: BTC Could Surge to $140K After This Bullish Signal

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Shrinking Economy, Sliding Copper, and Gold’s Outlook

Solana Price Prediction: Make or Break Moment Could End Up Pushing SOL to $180

Gold, Silver, Platinum Forecasts – Gold Is Mostly Flat As Traders Focus On U.S. GDP Report

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Saudi Arabia Prepares For Low Prices

NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Rebound From Session Lows Despite Recession Worries

Natural Gas Price Forecast: Resistance at 20-Day Moving Average Halts Advance

Gold Price Forecast: Holds Support, Bearish Breakdown Risk Intensifies

XRP News Today: ETF Delay Stirs Settlement Rumors as XRP Retakes $2.20; BTC at $94k

Oil, Natural Gas, and US Dollar Technical Analysis: Oil Faces Sustained Selling Pressure

AUD/USD, NZD/USD, and USD/JPY Analysis: Supported by Trade Surplus and Inflation Data

US-China Trade War: China Gains Leverage as US GDP Contracts and Trade Tensions Mount

Natural Gas and Oil Forecast: OPEC+ Supply Shift and U.S. Contraction Shake Sentiment

Gold (XAUUSD) & Silver Price Forecast: $3,230 Holds as Bears Eye Break Below $3,200

U.S. Dollar Tops 100 as Markets Brace for Jobs and PMI Reports: Analysis For EUR/USD, GBP/USD

Nikkei 225 Rallies as Yen Falls to 144.27 vs Dollar on BoJ Growth Forecasts

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What is Groestlcoin?

Groestlcoin is a proof of work cryptocurrency created in 2014. Designed for everyday use, Groestlcoin features an average block time of one minute, as opposed to Bitcoin's ten. As a consequence, it has a maximum total supply that will cap out at 105 million coins, as opposed to the 21 million for Bitcoin. The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. This is a system that is independent of influence from centralized authorities.

How does it work?

Groestlcoin is mined using the Groestl algorithm. Groestl was chosen as one of the five finalists of the NIST hash function competition. It uses the same S-box as AES in a custom construction. The cryptocurrency operates as open source software on a peer-to-peer model (transactions take place directly between the payer and payee). This means that no trusted intermediary such a bank or PayPal is required to verify the details of the sender and receiver. Rather, the transactions are verified by nodes (the network of computers/users spread globally) and recorded in an open ledger.

What does it aim to solve?

With a shorter block period than Bitcoin, Groestlcoin aims to be more functional for everyday payments. Merchants don’t need to wait 10 minutes to confirm whether or not they have received their payment. The reduction in hashrate intensity also gave Groestlcoin an opportunity to be mined by individuals with less computing power. However, companies and teams have created ASICs for Groestlcoin, albeit at a higher cost than creating ASICs for Bitcoin. Rather than just a simple fork, Groestlcoin also works to adopt developments and additions inspired from discussions surrounding the Bitcoin network, and was actually one of the first adopters to several key features such as Segregated Witness (SegWit) and the Lightning Network.

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