Russian economist says Russia will begin transferring billion of USD in Bitcoin next month
Vladislav Ginko, a lecturer at Moscow?s Russian Presidential Academy of National Economy and Public Administration, anticipates new US sanctions will force the Kremlin into diversifying its cash reserves into Bitcoin. ?US sanctions may be mitigated only through Bitcoin use,? Said Mr. Ginko, speaking to Micky from Moscow. ?Because of US sanctions Russia?s elite is forced to dump US assets and US dollars and invest hugely into Bitcoins. ?Central bank of Russia sits on $466 billion of reserves and has to diversify in case there is limited opportunities to do it (in the future).? Micky has verified Mr Ginko?s identity and position at Russian Presidential Academy. This article was retrieved by us on January 08, 2019 5:34 AM. You may want to visit micky.com.au for more from this source.
Ether Markets Are Mimicking Bitcoin s 2015 Price Bottom
Past performance is no guarantee of future results, but when history repeats it can be difficult to ignore the potential implications. Such is the case with price chart of ether, the ethereum network?s native cryptocurrency. Since Sept. 2018, the price chart of the world?s second largest cryptocurrency has mimicked the market structure of bitcoin?s bear market bottom in 2015. In the world of technical analysis and trading, similar and repeating market structures are known as fractals, similar to the recurring patterns found in art, nature and mathematics. The two emotions of fear and greed are what drives price action in a market, so repeated investor behavior yielding similar results may not be that far-fetched, especially when those emotions create fractals in the cryptocurrency market. This entry was obtained by us on January 08, 2019 5:13 AM. See www.coindesk.com for additional posts.
Tron [TRX] becomes ninth-largest cryptocurrency after overtaking Bitcoin SV [BSV]
Tron [TRX] Technical Analysis: Token befriends bull in the bearish market Ethereum Classic [ETC] deep chain reorganization and double spend attack detected by Coinbase; ETC responds Bitcoin Cash [BCH] falls by 4%; Ethereum [ETH] and EOS down by over 3% Tron [TRX] weekly report: New projects in the pipeline as token aspires to outperform Ethereum [ETH] by end of 2019 Ethereum [ETH] Rinkeby Testnet hardfork will land on January 9, 2019, says core developer Ethereum [ETH] Rinkeby Testnet hardfork will land on January 9, 2019, says core developer Ripple and XRP would develop explosively in the future, says Japanese lawmaker and ex-banker This information was obtained by us on January 08, 2019 5:00 AM. Have a look at ambcrypto.com for more from this source.
Winklevoss Twins Confirm Commitment to Bitcoin ETF During Reddit AMA
Latest news About Crypto Currency Cameron Winklevoss stated that ?Bitcoin [BTC] is most likely the winner in the long term? during an Ask Me Anything (AMA) session on Reddit today, Jan. 7. Answering a question about whether or not Bitcoin will keep its number one position among cryptocurrencies, Cameron expressed his optimistic view of the coin, saying that ?Bitcoin is certainly the OG crypto! It?s hard to defeat network effects ? so in terms of ?hard money? (i.e., store of value) Bitcoin is most likely the winner in the long term.? The Winklevoss brothers also said in today?s AMA that they ?are committed as ever to making an ETF [exchange-traded fund] a reality!? This entry was retrieved by us on January 08, 2019 3:42 AM. Browse cryptonews24x7.net for additional posts.
Street artist hides $1,000 in Bitcoin inside a giant graffiti in Paris
Commemorating the 10th anniversary of the Bitcoin genesis block, Pascal Boyart, a graffiti and urban artist based in Paris has created an artwork loaded with more than $1,000 worth of Bitcoin, challenging the public to unlock its secrets to win the reward! On Jan 3, 2009, Satoshi Nakamoto, the enigmatic creator of Bitcoin, the world?s first cryptocurrency began mining the Bitcoin genesis block. Ten years after this date, many have celebrated Bitcoin?s first decade by looking back over its recent triumphs, including reaching more than $100 billion in market capitalization and achieving in excess of 10 million users worldwide. This posting was first found by us on January 08, 2019 2:48 AM. Browse beincrypto.com for complete listings from this source.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 7
As major institutional moves in the crypto industry loom on the horizon, we look at what the charts have to say short term. As the year kicks off with promises of major moves for institutional investors in crypto, let?s see what the charts say in the short term The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Will 2019 be a year of recovery for cryptocurrencies? One of the important events to watch out for is the launch of International Exchange?s (ICE) crypto trading platform Bakkt. While the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) currently offer Bitcoin futures trading, both of their products are settled in cash. This article was discovered by us on January 08, 2019 2:42 AM. Have a look at cointelegraph.com to find more similar content.
Bitcoin is Less Secure than Most People Think - Marginal REVOLUTION (applies to Monero AFAIK)
I spent part of the holidays poring over Eric Budish?s important paper, The Economic Limits of Bitcoin and the BlockChain. Using a few equilibrium conditions and some simulations, Budish shows that Bitcoin is vulnerable to a double spending attack. In a double spending attack, the attacker sells say bitcoin for dollars. The bitcoin transfer is registered on the blockchain and then, perhaps after some escrow period, the dollars are received by the attacker. As soon as the bitcoin transfer is registered in a block?call this block 1?the attacker starts to mine his own blocks which do not include the bitcoin transfer. Suppose there is no escrow period then the best case for the attacker is that they mine two blocks 1? and 2? before the honest nodes mine block 2. In this case, the attacker?s chain?0,1?,2??is the longest chain and so miners will add to this chain and not the 0,1? chain which becomes orphaned. The attacker?s chain does not include the bitcoin transfer so the attacker still has the bitcoins and they have the dollars! Also, remember, even though it is called a double-spend attack it?s actually an n-spend attack so the gains from attack could be very large. But what happens if the honest nodes mine a new block before the attacker mines 2?? Then the honest chain is 0,1,2 but the attacker still has block 1? mined and after some time they will have 2?, then they have another chance. If the attacker can mine 3? before the honest nodes mine block 3 then the new longest chain becomes 0,1?,2?,3? and the honest nodes start mining on this chain rather than on 0,1,2. It can take time for the attacker to produce the longest chain but if the attacker has more computational power than the honest nodes, even just a little more, then with probability 1 the attacker will end up producing the longest chain. This publication was first found by us on January 08, 2019 2:11 AM. You may want to visit marginalrevolution.com for more from this source.
The Altcoin Race for King Heats Up: XRP Community Blames CoinMarketCap - The Bitcoin News
In November 2018, everyone?s attention turned to the Bitcoin Cash hard fork. However, in the background, something just as notable was happening: XRP overtook Ethereum to become the most valuable altcoin in the world. Initially, the gap was just a few hundred thousand dollars. A month later, the gap had grown to an impressive $4 billion. The tables have turned again. Ethereum took its former position back after a sustained price rally. The currency gained 10 percent in 24 hours on 2nd January, adding $2.1 billion to its market capitalization. This hike was higher than XRP?s which gained 2.66 percent. The difference gave Ethereum a lead of $500,000. This has increased since then and currently, XRP?s market cap is $2.2 billion behind Ethereum?s. This item was obtained by us on January 08, 2019 2:02 AM. Browse thebitcoinnews.com for more from this source.
Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018 - The Bitcoin News
One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.S. penny in 10 months. The BCH network continues to truck along in 2019 and with it comes the cheap and lightning fast transactions supporters talk about all the time. Over the last 10 months, the median average for daily BCH miner fees has not risen above a penny. Typically, a transaction of 236 bytes or less costs the sender around $0.001 to $0.008 on the Bitcoin Cash blockchain. Fees were a touch higher during a three month period (December 2017, January and February 2018) when the BCH price touched record highs. However, this was before the BCH hard fork in May, which bumped the block size from 8MB to 32MB. During the BCH stress tests in the first week of last September, the Bitcoin Cash chain processed millions of transactions per day. This data was retrieved by us on January 08, 2019 2:02 AM. Browse thebitcoinnews.com to find more similar content.
FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto Trading
U.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly raided a technology campus over unauthorized cryptocurrency trading. Also Read: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London According to several media reports from Grand Rapids, Michigan, agents from the Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI) and the Internal Revenue Service (IRS) have raided a not-for-profit technological education group in the city, on Dec. 21, 2018. This article was first found by us on January 08, 2019 1:52 AM. Have a look at news.bitcoin.com for more from this source.
Seized Monero Up For Auction In UK First - The Bitcoin News
An auction house in Northern Ireland is holding the UK?s first live online auction of seized cryptocurrency. The sale, of 167.69 monero coins will start at midday tomorrow (GMT). Wilsons Auctions, of Newtownabbey, have arranged the sale, which will allow participants to view the live price and place bids online. While governments across the world have held similar sales, this is the first by an independent auction house. A UK law enforcement agency seized the coins under the Proceeds of Crime Act. The monero (XMR) 00 in the auction comes in 10 lots of 16.769 XMR, which each have a market value of around £670 (US$850). However the first lot also comes with a private key to claim various fork coins. These include 167 Monero Classic, 167 Monero Original, 167 Monero O, and 1670 Monero V This post was retrieved by us on January 08, 2019 1:51 AM. See thebitcoinnews.com for additional posts.
Bitcoin Price Between Holding Gains and Losing Gains as Breakout Waits
The bitcoin price held onto its gains this Monday as the trading session across the Asian and European markets expressed its calm. The bitcoin-to-dollar pair is trading at $4,009, down 1.93 percent from Monday?s high. The correction appears natural to an overperforming asset, and its significance should be weighed in when it extends as far as 10 percent from the recent peak. As bitcoin heads into an interim sideways trend, the asset has attempted to pierce below $4,000 on five separate occasions today. It seems that there is a decent upside sentiment near the level that is failing the bears. Fundamentally, bitcoin is in a strong month thanks to the upcoming launch of Bakkt, an ICE-backed bitcoin futures trading platform. The best we could see is a third scenario, in which bitcoin would keep consolidating sideways and breakout ahead of the Bakkt launch. That?s fairly optimistic. This publication was discovered by us on January 08, 2019 1:31 AM. Browse www.ccn.com for more similar content.
Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage
Hong Kong-based crypto exchange Coin Futures and Lending Exchange (CoinFLEX) has announced that it will be providing futures contracts for cryptocurrencies to Asian investors as from February 2019. CoinFLEX was launched in February 2018 as CoinfloorEX, a division of Coinfloor, the oldest British Bitcoin exchange. However, the venture has now announced that it will be breaking off from its former parent company. The new platform is co-owned by its parent company Coinfloor and notable industry investors such as Bitcoin Cash Evangelist Roger Ver, B2C2, Dragonfly Capital, Trading Technologies, Mike Komaransky, and others. This data was discovered by us on January 08, 2019 1:21 AM. Check out www.ccn.com to find more similar content.
Bitcoin Must Remain Above $4,000 Resistance Level In Order to Become Bullish According to This Analyst
This information was retrieved by us on January 08, 2019 1:04 AM. Browse www.mycoinrisk.com to find more similar content.
A Roger Ver-owned platform to allow trading of physically delivered Bitcoin futures
CoinFLEX, a cryptocurrency platform spun from a U.K cryptocurrency exchange, CoinfloorEX, has announced plans to start trading of physically delivered Bitcoin futures. Known in full as Coin Futures and Lending Exchange, CoinFLEX is owned by, among others, Roger ver who is among the early adopters of cryptocurrency especially Bitcoin. CoinfloorEX will also have a controlling stake in the new platform. Although CoinfloorEX is based in the United Kingdom, CoinFLEX will offer physically delivered Bitcoin futures from Hong Kong. According to Mark Lamb, the co-founder of Coinfloor, the offshore option was because: This article was obtained by us on January 08, 2019 12:35 AM. Browse www.cryptolinenews.com for more.
Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship
American talk show host Dave Rubin has announced he is turning to Bitcoin in lieu of the crowdfunding platform Patreon, in protest against the latter?s alleged censorship practices. American talk show host Dave Rubin has announced he is turning to Bitcoin in lieu of the crowdfunding platform Patreon, in protest against the latter?s alleged censorship practices American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter?s alleged censorship practices. Rubin made his announcement on Twitter Jan. 6. This item was discovered by us on January 08, 2019 12:32 AM. Have a look at cointelegraph.com for more from this source.
New Bitcoin Scam Promotion Features Former New Zealand Prime Minister
A Bitcoin scam advertisement features the false endorsement of John Key, the former prime minister of New Zealand. The frenzy of Bitcoin mania has abated quite a bit since the bear market took hold in early 2018. However, that doesn?t mean that a significant number of people still look to cryptocurrency as a means of quickly getting rich. Such gullible people can eventually find themselves to be a victim of a Bitcoin scam artist. One of the most popular ways to separate people from their money via a crypto scam is to use fake ads that feature a famous person endorsing the scam. The latest such scheme features the former prime minister of New Zealand, John Key. This information was retrieved by us on January 08, 2019 12:21 AM. Browse bitcoinerx.com for more from this source.
CashDB, 20,000 TX/sec on a 400 USD card for Bitcoin Cash
Software typically involves people The alpha version of CashDB has been released. CashDB is a fork and the successor of Terab which has unfortunately been discontinued. CashDB is an open source effort of Lokad to support the on-chain scaling of Bitcoin. It?s a blockchain-centric key-value store specifically tailored for the UTXO set of Bitcoin - the set of unspent transaction outputs. With a single Intel Optane 900P card - about 400 USD at time of writing - CashDB can process close to 20,000 transactions per second, which means that a 1GB Bitcoin block can be processed in 3 min 30 or so. Thus, CashDB, in its current form, is already scalable enough to process gigabyte blocks at peak network capacity. This entry was discovered by us on January 08, 2019 12:04 AM. You may want to visit blog.vermorel.com for additional posts.
KryptoCraze - HODLERS Clothing Store
We know how to take risk where others don't. But we also know how to dress in style & represent our dream of FREEDOM! As a true HODLer, you always must be ready for the next mission to MOON. Here at KryptoCraze we offer apparel ready for cryptonauts all over the world. We are in Cryptocurrency industry since 2013. We always felt that we are left behind in clothing industry that needs to represent us. So we decided to take a stance! For all Crypto HODLERS in the world UNITE! This share was first found by us on January 07, 2019 11:39 PM. Have a look at kryptocraze.net for additional posts.
Bitcoin surges above $4,000, Litecoin beats Stellar to grab 6th position
With today?s Stellar?s stunning market performance Bitcoin made it above $4,000.00. It did so after one whole week of battling sellers, the crypto-pioneer and leaders. In just around 30 minutes, the collective market cap climbed from $132.00 bln to $139.00 bln. The bulls are having their say as the industry is struck with a positive sentiment with Bitcoin counting 5.60% gain in the last 24-hours. Litecoin (LTC), without a doubt, is the one who is standing out strong for a couple of days. In only a week the crypto asset ranked 6th according to data on CoinMarketCap. It surged in price from $22.50 to $40.00 in only two weeks subsequent to Ethereum?s revival-run which took place upon closing-in to its Constantinople Hard Fork. This posting was first seen by us on January 07, 2019 11:32 PM. You may want to visit www.thecryptoupdates.com for additional posts.
A mesh is HIGHLY centralised but it has low centrality. Bitcoin has high centrality, but is (esp. at scale) a mandalla network - utterly distributed. This makes it NOTHING like these other networks. - CSW
Crypto Exchange Takes on Behemoths With Physical Bitcoin Futures
What's Happening With Bitcoin-Cash (BCH) Crypto Reaches $159.851 - Martin Business Telegraph
Taking a quick look at the latest trading data for Bitcoin-Cash (BCH), we note that the crypto has moved to $159.851. The market capitalization is currently 2809184091. Today?s traded volume clocks in at 327336394. There are many different cryptocurrencies to keep track of these days. Many investors are tracking the success of Bitcoin as it has led the way thus far. At its core, the Bitcoin protocol is mainly tasked with synchronizing a ledger of transactions between various participants in the network. Bitcoin combines the currency?s security with an incentive system that supports participants. The goal of a decentralized peer-to-peer system is to promote a higher level of security and stability as more resources are dedicated to the operation. This post was retrieved by us on January 07, 2019 11:02 PM. Visit martinbusinesstelegraph.com for more.
Bitcoin maintains its position above 4,000 USD
Bitcoin ended last week strongly with gains over the weekend, exceeding the level of 4,000 USD. Moreover, the cryptocurrency is still maintaining its position above the same level, although the bullish trend failed to break above 4,100 USD. Today the cryptocurrency is trading stable at price of 4,050 USD, recording minor losses of 1.5%, after a decent jump on Sunday. The 24-hour trading volume of the Bitcoin has increased considerably over the last few days ? from 4.5 billion USD on January 3 to the current 5.7 billion USD. The Christmas holidays are over and now the markets are returning to normal working conditions. The market cap has also corrected higher from 66 billion USD to 70 billion USD. This entry was first found by us on January 07, 2019 10:16 PM. See financeandmarkets.com for complete listings from this source.
Major Retail Store Announces Payment Of Taxes Using Bitcoin
Overstock, a major American retail store, announced their plans to begin paying part of their taxes in Ohio using Bitcoin (BTC). Ohio became one of the very first states in the US to allow for companies to pay their taxes using the most famous cryptocurrency through OhioCrypto.com, a site used to collect Bitcoins (BTC) to pay taxes, which subsequently pays the Treasure Secretary of State. Patrick Byrne, Overstock CEO, expressed his excitement to work with governments that were embracing new technologies, thinking about the future and opening up gates for new forms of payments, such as Ohio. Byrne also expressed his willingness to help current Treasurer, Josh Mandel, to develop the framework needed for the platform to become available throughout all states of the US, providing more trust to new technologies in the financial markets. This posting was obtained by us on January 07, 2019 9:23 PM. You may want to visit cryptocoin.news for complete listings from this source.
Japans financial watchdog could embrace ETFs that track the value of Bitcoin and similar digital asset classes.
-Bitcoin news, price, information & analysis Japan?s financial watchdog could embrace exchange-traded funds that track the value of Bitcoin and similar digital asset classes, Bloomberg reported. The Financial Services Agency (FSA), according to an anonymous source, has been exploring Bitcoin ETFs on the sidelines of its disapproval of the Bitcoin futures and Ethereum derivatives. The agency has clarified that it will not make modifications to Japan?s existing securities laws to cater for crypto assets. The decision came as a blow to the Bitcoin industry, which was looking to draw significant funds from the institutional markets after undergoing a very depressive year recently. This article was retrieved by us on January 07, 2019 8:53 PM. Have a look at www.newsbtc.com to find more similar content.
Bitcoin and Crypto Dont Need Futures Contracts, Adoption is Crucial
2018 was stomach wrenching for crypto investors. Prices of digital assets fell and with governments and their agencies coming down hard on crypto and related products as ICOs, the consequent diffusion cast a chilling effect and prices inevitably fell. However, there is a reprieve and while we recognize that the industry is exactly a decade old, recent exposure to new demographics might be what the industry needs. Perhaps we can even draw lessons from the Dojima Rice Exchange, the first Futures contract exchange birthed in Osaka Japan back in the 1700s with the express purpose of cushioning rice farmers from damaging fluctuations of rice prices during a period of bumper or poor harvests. Because rice was a crucial source of income for the Japanese and even a medium of exchange back in the day, crypto assets especially Bitcoin is indispensable for a new breed of libertarians and maximalists?not forgetting speculators. This entry was first found by us on January 07, 2019 8:44 PM. You may want to visit newconomy.media for more from this source.
Bitcoin Headed for a Big Boost from Chinese Demand
Bitcoin (BTC) might be struggling in the market from the growing competition from Altcoins but there is still hope that the coin will soon beat the $4,000 resistance hurdle. BTC has terribly missed the price support it anticipated in 2018 but a sparkle is in the horizon courtesy of Chinese demand. Expectations were high last year that a push from institutional investors would make the cryptoverse a better place to stake on, but that was a mirage. Investors have been eager to cash in on the institutional push due to Bitcoin adoption but their aspirations are still on hold. In a recent survey, China comes out as the current leader in Bitcoin and to a larger extent; altcoin interest. Many Chinese are ready to invest in Bitcoin now and in the coming future. This could come at a time when the coin has been struggling for the better part of 2018. This publication was found by us on January 07, 2019 8:39 PM. Check out newconomy.media for more similar content.
Yellow vest street art in Paris contains hidden Bitcoin puzzle
Paris-based artist Pascal Boyart has created a new piece of street art that contains a secret Bitcoin puzzle. The artwork was created as a celebration of the 10-year anniversary of Bitcoin?s genesis block. #StreetArt treasure hunt in Paris with a #Bitcoin puzzle For the 10th birthday of the genesis block, I painted this frescoe in Paris with a 0,26btc ($1000) puzzle in it. Here's the public key: 1NqPwPp7hEXZ3Atj77Ue11xAEMmXqAXwrQ Thanks to @alistairmilne for sponsoring this ? pic.twitter.com/F7aIkxmp6t ? Pascal Boyart (@pascalboyart) January 7, 2019 The puzzle is hidden somewhere inside the artwork, and Boyart is encouraging people to try and decipher the private key corresponding to a public address that has a 0.26 BTC balance. People who wish to swipe the $1,000 prize will therefore need to decrypt the 256-bit number that is hidden somewhere in the image. This share was obtained by us on January 07, 2019 8:37 PM. Have a look at coinrivet.com to find more similar content.
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