Bitcoin News (BTC) - Page 26

Interim President of Venezuela Juan Guaidó Talked about Bitcoin in 2014, Called Petro a Scam
Thousands of people have taken to the streets in a massive protest against the authoritarian regime of Nicolas Maduro in Venezuela, the young Juan Guaidó who is the national assembly speaker proclaimed himself as the interim President of Venezuela in the streets of Caracas. The Trump administration officially recognized Juan Guaidó as the President of Venezuela, other countries like Canada, UK, EU, Colombia, Argentina, Brazil, Peru, etc have also shown support to Guaidó. But countries like Russia, Iran, Cuba, and Mexico are still in favor of Maduro who made fun of 35-year-old Guaidó. Due to corruption and socialist policies of the Maduro regime, the Venezuelan economy is in the ruins. The country?s currency Bolivar has inflated 13 Million Percent as estimated by the IMF. To combat the problem Maduro launched a Cryptocurrency called Petro which is supposed to be backed by the country?s oil reserves. Launched in February last year the Petro is nowhere to be seen in Venezuela according to reports from Reuters.
January 25, 2019 4:44 PM

VeChain (VET), Qtum (QTUM): Two Hidden Crypto in Top 30
443 total views, 400 views today Crypto coins, especially those in the top 30 got serial battering in the wake of the surges in 2018. Now, the market is getting some fresh breaths and VeChain (VET) and Qtum (QTUM) are taking the front seat to reclaim their mandates. These coins are not sleeping giants but seem hidden. However, they are bouncing back and the crypto community cannot help but grin at their impressive features. This is worth keeping an eye on. Qtum (QTUM) serves as the bridge that links the hitherto value transfer protocol (Bitcoin) to the modern blockchain architecture (Ethereum). Bitcoin?s solutions enable the transfer of value over the blockchain.
January 25, 2019 2:19 PM

Bitcoin and Decred as Store of Value investments
With the increase of institutional investment in cryptocurrencies, crypto with fundamental value will outperform. Utility tokens have less investment value because people are not incentivized to hold the coin, which doesn't help value to accrue. Investors should only invest in Store of Value cryptocurrencies. Bitcoin and Decred are the two best investment candidates. Before I explain where fundamental value lies in crypto, I would like to reiterate the potential upside of cryptocurrencies as a whole. Many investors are not aware that cryptocurrencies can be an excellent addition to a traditional portfolio with equities and fixed income. Apollo Capital showed that a portfolio with 2% allocation to crypto significantly outperformed a traditional portfolio.
January 25, 2019 2:19 PM

Bitcoin's Lightning Network Now Beating Altcoins At Their Own Game
Reading: Bitcoin?s Lightning Network Now Beating Altcoins At Their Own Game Emilio Janus | Jan 24, 2019 | 13:00 Emilio Janus | Jan 24, 2019 | 13:00 The raison d?être of many altcoins was to improve on Bitcoin?s transaction times and fees. But with Lightning Network performing much the same functions for Bitcoin, are these altcoins really necessary any more? Not so much, according to figures from online retailer Bitrefill. Bitrefill originally just sold mobile phone top-ups online, but added gift-vouchers for sale in July 2018. The range of vouchers available (from Amazon to Uber to meant shoppers could then purchase virtually anything with cryptocurrency.
January 25, 2019 7:44 AM

Why Ethereum 1
Ethereum 1.0 wouldn?t be undergoing a complete redesign unless it had major flaws. So how did we get here? And why did Bitcoin seem to fare much better? Two important factors are user experience and economics. At at minimum, for a product to succeed it needs to be a compelling alternative to an existing problem, and the transaction fee must not exceed the economic value of the actual transactions. Together these point to an upwards trajectory for Bitcoin and a downwards trajectory for Ethereum 1.0. There?s a saying that for one product to replace another with network effects, it needs to be ten times better. Specifically it must be good enough to justify the painful switching costs. Here we examine that first competitor and if those improvements could arguably be called a 10x better experience.
January 25, 2019 1:53 AM

Germany makes up a fifth of the world's Bitcoin nodes
Crypto Briefing exists to advocate for the safe and responsible integration of blockchain and cryptocurrency into mainstream life. We believe. Our goal is to grow the crypto community - to help new converts understand the basics, and to share our research with experienced enthusiasts. Our ICO reviews are independent, unpaid, and unsponsored. Contact us: editor AT Crypto Briefing - ICO and Cryptocurrency Analysis, News, Features, Ratings and Reviews - Cryptocurrency News, Digital Asset Analysis, & Blockchain Updates What Is Chainlink? Introduction to LINK Token What Is Monaco? Introduction to the MCO Token
January 23, 2019 8:22 PM

Bitcoin Lightning Network Payments Have Already Surpassed All Altcoins At This Retailer
Lightning bolt strike from a monsoon thunderstorm over Casa Grande, Arizona.Getty For many, the Lightning Network has been viewed as Bitcoin?s answer to altcoins focused low transaction fees. It has the potential to provide the best of both worlds to cryptocurrency users in terms of payment functionality and liquidity. There are solid reasons to believe the Lightning Network could completely replace the need for potentially-unsecure altcoins that allow for cheap on-chain transactions, and the first signs of this theory becoming reality have been found at online retailer Bitrefill (see this post for an explanation of the Lightning Network and how it may impact the altcoin market).
January 23, 2019 7:53 PM

BitFury announces tools to drive Bitcoin Lightning adoption
BitFury, one of the largest blockchain development and servicing firm in the world, has announced a suite of new tools for merchants and developers to push lightning network adoption. Most of the tools are currently in development, but a few them have already been released. Some of them include an open source lightning wallet, developer tools to develop payment processing app and a public lightning network known as ?Peach?. ?The product bundle is designed to make using the lightning network ?easier for vendors and consumers to use,? Bitfury said in an article by Coindesk. Lightning Peach has already received their first client, cryptocurrency exchange ? BTCBIT. BitFury is helping the exchange set up a Lightning-enabled cryptocurrency trading.
January 23, 2019 3:39 PM

Dutch bank ABN AMRO has unveiled cryptocurrency storage facilities which will see its clients able to deposit Bitcoin (BTC) alongside fiat currency
Dutch bank ABN AMRO has unveiled cryptocurrency storage facilities which will see its clients able to deposit Bitcoin (BTC) alongside fiat currency. In what appears to be a marked change of stance on the sector, officials confirmed a trial was underway with 500 account holders on social media January 22. According to marketing literature uploaded to Twitter, ABN AMRO aims to offer Bitcoin storage in the same online banking environment customers use for their day-to-day activities through a product called ?Wallie.? The move sees ABN first to provide direct Bitcoin tools out of the major Dutch banks, beating off competition from Rabobank, which had announced a similar project, ?Rabobit,? in February last year.
January 23, 2019 12:02 PM

The co-founder and former Chief Technology Officer of Blockstream Bitcoin Core , Gregory Maxwell is seeking legal relief against Bitcoin Cash proponent and the Chief Executive Officer of, Roger Ver, over a libel. The said legal relief will be sought by Maxwell on the grounds of the libelous accusation made by Roger Ver on Reddit, reported Coingeek. In the subreddit r/Bitcoin, Ver claimed that Maxwell ?may have been involved with the hacking and vote manipulation false flag ?attack??. Ver went ahead and called Maxwell ?a crook.? Maxwell did not take Ver?s statement lightly, and sent a response to Ver stating,
January 23, 2019 5:47 AM

Tyler Winklevoss Predicts That Bitcoin Could Exceed The $7 Trillion Market Cap
The owners of the US crypto exchange Gemini, the Winklevoss twins, are adamant in their bullish views of Bitcoin?s future despite the current bearish climate. Crypto guru Tyler Winklevoss, during an AMA session with Reddit, claimed that Bitcoin is well on its way to surpassing the $7 trillion market of gold. ?Our thesis around Bitcoin?s upside remains unchanged. We believe Bitcoin is better at being gold than gold. If we?re right, then over time the market cap of Bitcoin will surpass the ~$7 trillion market cap of gold.? Say this were to happen, one BTC would be worth as much $333,333 once Bitcoins total supply of 21 million tokens is in circulation.
January 22, 2019 9:21 PM

Bitcoin daily tx volume is greater than all other top 10 coins combined!
In the beginning, there was only Bitcoin. Now, there are thousands of altcoins vying for a spot on the frontpage of the crypto asset charts. However, none of these newcomers have been able to come close to Bitcoin in terms of practically any measurable data point. For example, Bitcoin still processes more US dollar-denominated transaction value per day than all of the other top ten crypto assets combined, according to Coin Metrics. Here are the 30-day averaged adjusted transaction volumes for the top ten crypto assets ranked by market cap as of January 16th: Combined, the non-Bitcoin crypto assets in the top ten process $1.19 billion worth of estimated transactions per day.
January 22, 2019 8:10 PM

VeChain (VET) Collaborates with Mlily, Official Global Partner for Manchester United
VeChain (VET) has announced a partnership deal with Healthcare Co. Ltd. (Mlily), an official global partner for Manchester United since 2016. Mlily is a China A-Shares listed Public Company and a Shanghai Stock Exchange Mainboard listed Company, DBA Mlily. It is the largest memory foam mattress and smart bedding product research, development and manufacturer in the whole of China. Aside that, Mlily is the maiden among its peers to go into healthcare-related industries utilizing its proprietary Smart Bedding products. The healthcare bedding firm has global recognition, operating in Canada, Japan, Ireland, UK, US and China.
January 21, 2019 4:28 PM

Academic Minds At Stanford Are Creating A Cryptocurrency With Better Speeds Than Bitcoin
The smartest academic minds in the USA are collectively joining forces and brain power in an effort to create a new cryptocurrency which will essentially do what Bitcoin has failed to do so far and that is process thousands of transactions per second. Professors from seven USA-based universities including Stanford, University of California, Berkeley and the Massachusetts Institute of Technology have teamed up to build a digital asset in hopes of achieving new speeds that Bitcoin and other crypto token users can have always dreamed of. Dubbed the Unit-e, it will be the first project of Distributed Technology Research, which is a non-profit foundation formed by the academics from the seven universities which is backed by Pantera Capital Management LP, a hedge fund.
January 21, 2019 12:29 PM

Bitcoin Shows the Sustained Growth for a Decade
Ethereum Constantinople Fork May Leave Chinese ASIC Producer Out of Business Bitmain Scales Down Operations in Netherlands Ethereum Constantinople Fork: How It Affects ETH Miners Jihan Wu?s Double Game. From Bitcoin Evangelist to Dictator The Reason Why Bitmain Lays Off 80% of Its Staff What Determines Bitcoin?s Value? How To Accept Bitcoin For Your Business? Being A New User On Lit: Mithril?s App How To Select Bitcoin Mining Hardware ? What Are The Differences Between Bitcoin And Fiat Currencies? Latest Features: the Addition to VeChainThor Mainnet How the ?Incentive Token? Could Change the Face of Crypto
January 21, 2019 11:26 AM

Aggregated knowledge base entries about Bitcoin (BTC) Titles not entered by Crypto.BI and are Copyright(C) their original authors.