Home / 2018 / April

Monthly Archives: April 2018

Verge (XVG), Stellar (XLM), Cardano (ADA)

The crypto market is back in the green today – for the most part. Verge (XVG), Stellar (XLM), and Cardano (ADA) are on the rise, so what’s happening? Verge (XVG) Verge (XVG) is currently selling for $.065921, which puts the coin up 8.77% in the past 24 hours. Source: CoinMarketCap Last week, Verge announced its partnership with Pornhub and it generated a mixed bag of reactions. XVG’s price rose above $.10 leading up to the announcement, but it has since winnowed out. Were investors getting cold feet? The Pornhub partnership may not be all that Verge had up its sleeve. There are twitterings of a few other partnerships around the corner – will these ones be more acceptable to people? Let’s dig in. The Verge team itself has been relatively quiet since the Pornhub announcement, so a lot of this comes down to fan whispers – so take it with a grain of salt. Originally, people thought that Verge’s mystery partner was going to be TokenPay. While this didn’t happen on April 17th, that doesn’t mean that it’s never going to happen. The hope is that Verge will pair with TokenPay to create a crypto debit card that incorporates XVG, and …

Read More »

Venezuela Certifies 16 Cryptocurrency Exchanges

Finance The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified 16 crypto exchanges he hopes will start listing his country’s new currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 16 Crypto Exchanges Certified According to Venezuelan newspaper with government backing Correo del Orinoco, Maduro has “authorized the certification of 16 exchange houses for cryptocurrencies,” which will facilitate Petro transactions in the international market. Maduro was quoted saying during the inauguration of Venezuela Power Expo 2018 in Caracas: The certification of these 16 exchanges is a demonstration of confidence in the system of the Petro, as a cryptocurrency, and will allow liquidity and solid transactional volume. The news follows the announcement of Venezuela’s major crackdown on crypto exchanges and remittance businesses dubbed Operation Paper Hands. Maduro talking at Venezuela Power Expo 2018. The certified 16 exchanges are “Criptoexchainge, Criptocapital, Asesoría Financiaera CA, Italcambio, Amberes Coin, Cave Blockchainge, Valoratta Casa de Bolsa, Coinsecure.ve, Critiaechainge, Criptolago, Criptoventraige CA, Criptoactivo Menets CA, Criptoactivo Bancar CA, Criptomundo Casa de Intercambio CA, Inversiones Financieras 1444 …

Read More »

Let’s Talk Bitcoin! #364 The Internet Of Money Five Years Later, Live & Uncut!

Published on April 29th, 2018 by adam Click to download audio version On Today’s Episode of Let’s Talk Bitcoin… Andreas Antonopoulos, Stephanie Murphy, Jonathan Mohan join Adam B. Levine to celebrate five years of Let’s Talk Bitcoin! with a wide-ranging, in-person and uncut episode recorded live at the Music Box Theater in Chicago, IL along with 700 of our closest friends. This episode is not to be missed.# Let’s Talk Bitcoin! #354 was made possible by Pamela Morgan, MK Lords, Conrad, Paul, Jessica, Erica, along with all the other volunteers… This production was supported by Andreas.events, Blockchain.wtf, Bitcoin Open Blockchain Meetup Group, EasyDNS.com, ProofOfShirts.com and Tokenly.com. This episode was recorded live at the Music Box Theater in Chicago IL, and featured content from Stephanie Murphy, Jonathan Mohan, Andreas Antonopoulos and Adam B. Levine, along with all the member of the audience who asked questions. This episode featured music by Jared Rubens and was a hell of a time. Any questions or comments? email [email protected] See you next time Views: 2,252 Source link

Read More »

Bitcoin Cash Price | Brian Kelly Shows His Confidence in the Coin

Bitcoin Cash Price: Bitcoin Cash (BCH), which was spun out from Bitcoin (BTC) last year is continuing to receive strong support from traders since it announced an improvement in its blockchain technology. The coin generated an impressive 100% gain during the latest bull-run, pushing its price to the highest level in three months at the beginning of this week. Bullish analysts bet on Bitcoin Cash price has also contributed significantly to the price upsurge. Brian Kelly, the cryptocurrency fund manager, showed his confidence on altcoins, particularly on Bitcoin Cash.  He said, “Bitcoin cash has been left for dead… but it’s not dead yet,” Kelly told CNBC on Fast Money on Tuesday, The upcoming hard fork event on May 15, which will enhance its block size from 8MB to 32MB, has been adding to traders sentiments. The upgrade in its blockchain infrastructure will improve transaction processing times and size. But Thomas Lee Favors Bitcoin over Bitcoin Cash Thomas Lee, co-founder of Fundstrat Global, who previously predicted the end of the bearish market for altcoins – now believe bitcoin is in a better position to offer safe returns than Bitcoin Cash. He said, “I prefer not to pick winners and losers when …

Read More »

This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag

The Weekly Over the past few days we learned about how Amazon wants to track your bitcoin transactions, why TD Ameritrade planted its flag in the blockchain, and even how close to reality are flying cars. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. Also Read: Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018 Snatching Blockchain, Tracking Bitcoin On Monday we reported that online retail giant, Amazon, has obtained a bitcoin tracking patent. The company thinks that by collecting data from multiple sources and finding a correlation with transactions it can link a specific bitcoin address with a shipping address, an IP, an email, a bank account, or a social media profile. And the patent specifically notes that police forces may be interested in receiving such data. Meanwhile, Amazon’s main brick-and-mortar competitor, Walmart, has gotten its own blockchain patents. The company plans a vendor payment sharing system that will automatically process payments for products and services, and encrypt the transactions on a blockchain. Wary Giants, Eager Dwarfs When highly centralized political entities try to limit the spread of a popular product or technology it is …

Read More »

Approved 20MW Solar Farm Set to Power Crypto Mining in Rural Australia

Mining Reports have indicated that planning approval has been granted for a 20-megawatt solar farm that will be used to power cryptocurrency mining and a data center in Collie, Western Australia. Also Read: Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge  20MW Solar Farm to Power Cryptocurrency Mining in Western Australia The application for the solar farm has been made a by Hadouken Pty Ltd, which is owned by Australian Ben Tan. Mr. Tan previously co-founded Nasdaq-listed international solar power company, Vivopower International PLC. The solar park will be used to power cryptocurrency mining activities and a data center. Approval for the farm was recommended by the Southern Development Assessment Panel. The site of the expected solar farm is approximately 2 kilometers (approximately 1.25 miles) north of Collie – a rural town situated 213 kilometers (approximately 132 miles) south of the Perth, the state’s capital. Collie is home to Western Australia’s largest power generator, Muja – a coal-fired power station capable of generating 854 megawatts of electricity. Hadouken’s application indicated that the company intends to install a battery storage system positioned in ten shipping containers in future, with the solar facility set to be constructed …

Read More »

Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges

Finance The Chilean Minister of Economy has voiced his support for cryptocurrencies after the country’s anti-monopoly court ordered major banks to re-open the accounts of crypto operators. Three banks out of the 10 sued by local cryptocurrency exchange Buda have been ordered to re-open crypto exchange accounts. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Minister of Economy Supports Crypto José Ramón Valente, Chile’s Minister of Economy, Development, and Tourism, “gave a signal of support to cryptocurrencies and those who operate them in Chile,” Diario Financiero reported on Friday and quoted him saying: What interests us with cryptocurrencies is basically giving them the opportunity [to develop] because they are an important innovation that is happening in the world…You have to give them a chance. José Ramón Valente. “We cannot stay out of these innovations” or “outside of this economy of the future,” he emphasized, adding that by giving them a chance, “we are not the ones who artificially put a lock on them so they cannot happen,” the news outlet conveyed. While advocating for giving cryptocurrencies a chance “so that they demonstrate their value,” he clarified that he does not support any parties involved in the conflict …

Read More »

Bitcoin Cash Price | Remains Range Bound, But Stellar is Flourishing

The bull-run in Bitcoin Cash (BCH) price lost the momentum after hitting a three-month-high at the beginning of the week. BCH coin trades in a narrow range of $1,350 over the last two days. Although it is in the green today, several other altcoins are outperforming BCH in regards to price gains today. Stellar (XLM) and IOTA (MIOTA) are the prominent gainers among the top ten cryptocurrencies.    Bitcoin Cash price jumped more than 100% last week to the highest level in the previous three months. However, the overbought conditions and traders profit taking strategy helped bears in hindering the stunning BCH coin bull-run.    Thomas Lee comments in favor of Bitcoin (BTC) over Bitcoin Cash added to bears stance. He said, “I prefer not to pick winners and losers when we’re looking at cryptocurrencies like bitcoin/Bitcoin Cash. I think both have merits. But if I were putting new money to work today, so a fresh dollar, I would be a lot more interested in buying a laggard that could attract inflows rather than something that’s already potentially overbought.” Market pundits, however, remains bullish on the upside potential for Bitcoin Cash price. They expect the approaching hark fork event and traders increasing confidence …

Read More »

Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge

News When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were decidedly bearish on the asset class. The firm recently surveyed a small group of institutional investors, and they appear to see cryptocurrencies poised for a breakout year. To help such investors make informed choices in that regard, the company also created five new crypto indices. Also read: Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee Inflows of Big Money into Crypto Fundstrat’s co-founder, Thomas Lee, tweeted how his company “hosted a small group of institutional investors” recently. It was a “mix of crypto and traditional macro [hedge funds] long-only.” It was a chance to informally survey basic sentiment about the market shortly after the end of tax season for the United States. Of the nine questions, they included: if cryptos will rise during a recession (65% Yes), if bitcoin core had bottomed (82% Yes), bitcoin core’s year-end …

Read More »

Bitcoin Price | Faces Resistance to Breach $10K Despite Bullish Trend

Bitcoin price today: Bitcoin price (BTC) is moving in the tight range of $9,000 over the last couple of days albeit strengthening trader’s sentiments. The largest coin has hit $9,700 level on Wednesday before falling back to $8,800 in the next couple of hours. Bulls are facing stiff resistance from bears in breaching the psychological $10K mark –which will set its path to hit $11,000 without a long delay analyst say.   Source Image: coinmarketcap.com Bitcoin price increased slightly 5% today, up almost 50% since the start of this month. The rest of the digital currencies are also making small sideways moves today. Ripple (XRP) and Ethereum (ETH) are in the green today after spending the majority of time in the red in the last two days. The data shows that the 17 millionth bitcoin was mined on Thursday, leaving only 4 million coins to be mined in the coming years. Almost 1800 bitcoins are mined on a day by day basis or a bitcoin block of 12.5 bitcoin in every 10 minutes. The 17 millionth milestone highlights the fact that the coins supplies are reducing, which could support its value in the day to come. John Pfeffer, the partner at Pfeffer Capital, predicts …

Read More »