Bitcoin News (BTC) - Page 80

Bitcoin Price Slips Below $3
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices. As of writing, BTC is changing hands at $3,780 on Bitstamp ? down 5 percent on a 24-hour basis ? having found offers above $4,000 at 06:00 UTC. Notably, the price drop is accompanied by a decline in the bullish bets. For instance, the BTC/USD long positions on the Bitfinex exchange fell to an eight-day low of 31,237 earlier today and are currently down 8 percent at 31,255 ? the biggest single-day drop since Dec. 19. Further, the long-short ratio has pulled back to 1.35 from the five-month high of 1.5 reached yesterday, indicating waning bullish sentiment.
January 10, 2019 2:23 PM

Trust Wallet adds support for Bitcoin, Litecoin, and Bitcoin Cash
Trust Wallet, a crypto wallet provider acquired by Binance last year, has announced that it has added support for Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH). Previously, Trust Wallet had added support for Bitcoin (BTC) on iOS. According to the latest announcement, the support for the top digital currency has also been added for Android users. ?After you update your Trust Wallet app to the latest version, you can enable the new assets by tapping on the plus sign in the upper right corner and tapping once more on the slide bar next to Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH),? Trust Wallet said.
January 10, 2019 1:48 PM

Combining the power of blockchain, AI, and crowdsourcing to end online counterfeiting once and for all
Combining the power of blockchain, AI, and crowdsourcing to end online counterfeiting once and for all. Research has shown that counterfeits pose a great threat to individuals, companies, industries and even world governments. With the technological advancement of the internet, the negative effects of counterfeiting have now been magnified and are causing a larger scale of damage. Most brands choose to invest a large amount of money into implementing NFC or RFID technologies into their products, but the results are still limited and the costs are still high. We will create a solution to this problem by establishing a platform with a built-in AI model and machine learning technology to identify counterfeits. Crowd-sourced participants will be incentivized to assist in verifying the unidentifiable items, while the information of the counterfeiters will be published on the blockchain, which is immutable and public for everybody to read. In addition, two major functions will be released along the way which will result in more parties joining the platform to complete the goal of the platform evolving into a self-governed ecosystem. By combining these cutting-edge technologies with new mechanisms to govern the platform by itself, our solution is able to solve this problem effectively on a large scale.
January 10, 2019 1:43 PM

PR: Bitbook Launches Online Gambling and Betting Platform
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. is not responsible for or liable for any content, accuracy or quality within the press release. The gambling and casino industry has been alert to the changes associated with modern technologies. Since its inception, it has relied on various inventions, whether a simple dice or a sophisticated blockchain betting platform. As advancements in technology speed up, the industry is transformed at a rapid pace as well to catch up with the reality of a highly digitalized world.
January 10, 2019 1:40 PM

Bitcoin at the Brink as Gauge Signals an Inflection Point
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January 10, 2019 1:14 PM

Crypto's Top 50 (Part Six): Bitcoin Gold (BTC), Quantum (QTM), OmiseGo (OMG), Crypto
This is the sixth part of a series that will cover all of the top 50 Cryptocurrencies and provide an introduction to what the coin does, why it matters, and any important highlights. The goal of the Top 50 series is to give readers a basic understanding of each coin that simplifies a thorough technical understanding down into a few easy to understand points. The ranking of coins changes on a day by day basis and may not always reflect the order in this article. Bitcoin Gold is a fork of Bitcoin that occurred in 2017. The main focus of the Bitcoin Gold fork was to eliminate the increasing dominance of ASIC miners, the specialized mining units that provide tremendously increased hashing power over GPUs and CPUs.
January 10, 2019 1:02 PM

Adoption: Bitcoin and Ethereum Sold at 24 French Tobacco Shops, 6500 More to go
French Fintech company KeplerK is getting local Tobacco shops to sell Cryptocurrency coupons for 50, 100 or 250 Euros which can later be redeemed on their website using the QR code. According to a statement from the French website 24 shops have already agreed to experiment and will quickly reach 100 by next week. Around 24,000 tobacco shops in France started selling other products such as cellphone credits and money transfer services in order to diversify their incomes, the local citizens trust these tobacco shops more than remote online websites hence it is a perfect fit for them to sell Bitcoin coupons.
January 10, 2019 12:59 PM

In homage to Hal Finney, I created a command-line tool for all kinds of Bitcoin things called "hal"
GitHub is home to over 28 million developers working together to host and review code, manage projects, and build software together. Use Git or checkout with SVN using the web URL. If nothing happens, download GitHub Desktop and try again. If nothing happens, download GitHub Desktop and try again. If nothing happens, download Xcode and try again. If nothing happens, download the GitHub extension for Visual Studio and try again. hal is a command line tool that provides all kinds of Bitcoin-related utilities.
January 10, 2019 12:58 PM

Bitcoin Trades Flat as Short Positions and Selling Volume Decline
-Bitcoin news, price, information & analysis Bitcoin bulls have been ardently defending the $4,000 price level over the past several days, although they have not gained enough upwards momentum to propel Bitcoin?s price any higher. Despite not maintaining any significant upwards momentum, it is important to note that short positions for the cryptocurrency have been on the decline, which may mean that bears are losing steam. Bitcoin?s recent lack of volatility has led the altcoin markets to trade relatively flat, with Tron being today?s best performing altcoin. Analysts have offered differing views with regards to where Bitcoin?s next level of resistance exists, but the general conclusion is that it will require significant buying pressure to climb above the $5,000 price level.
January 10, 2019 12:56 PM

The true value of bitcoin revealed
PhD Candidate in Finance, ESCP Europe Dejan Glavas does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. ESCP Europe provides funding as a member of The Conversation FR. Republish our articles for free, online or in print, under Creative Commons license. One of the hot questions regarding the bitcoin since the first ones were created in January 2009 is its real value. According to Warren Buffett, the most influential investor in the world, the answer to this question would be: not much.
January 10, 2019 12:35 PM

Are VeriBlock Transactions on the Bitcoin Network Helping or Harming BTC
-Bitcoin news, price, information & analysis According to reports from Bitcoin (BTC) developers, a startling amount of block space is being wasted on the Bitcoin network to secure the blockchains of other cryptos. A company called VeriBlock has been ?borrowing? the hashing power of the Bitcoin network to increase security on vulnerable altcoin chains and filling up BTC block space in the process. VeriBlock works on a process known of ?proof-of-proof? whereby the latter ?proof? is arrived at using the hash power of the Bitcoin network. According to Forbes, perhaps the most notable contributor to the VeriBlock project is former Bitcoin Core developer Jeff Garzik.
January 10, 2019 12:26 PM

Bitwise Files for New Bitcoin ETF With SEC - CoinDesk
Crypto startup Bitwise Asset Management has proposed a new bitcoin exchange-traded fund (ETF) that it says would address the regulatory concerns that doomed previous attempts. The company has filed an initial registration form proposing the Bitwise Bitcoin ETF Trust with the U.S. Securities and Exchange Commission (SEC). The fund would track the Bitwise Bitcoin Total Return Index, which measures the value of bitcoin plus any ?meaningful hard forks.? If the ETF is approved, its shares will be listed on NYSE Arca, which focuses on trading stocks and options (rather than large-cap stocks, which are traded on the New York Stock Exchange).
January 10, 2019 12:26 PM

The cryptocurrency exchange offering physical Bitcoin futures contracts - CryptoNewsReview
A Roger Ver-backed crypto exchange will provide physical futures contracts in Asia Backed by Roger Ver ? the so-called ?Bitcoin Jesus? ? a cryptocurrency exchange is set to offer physical Bitcoin futures contracts to investors in Asia in the coming month. Back in December, NASDAQ confirmed its own plans to launch Bitcoin futures in this coming year. However, no timeline has thus far been confirmed for that. On the other hand, Coin Futures and Lending Exchange, the exchange backed by Roger Ver, is already taking the initiative and pressing ahead. Based in Hong Kong, CoinFLEX is a former unit of UK Bitcoin exchange Coinfloor, and is owned by Roger Ver and Trading International Inc. The exchange will be headed by the co-founder of Coinfloor, Mark Lamb.
January 10, 2019 12:23 PM

Qtum, a blockchain platform that merges the strength of Bitcoin's blockchain with the Ethereum Virtual Machine to build decentralized applications, has completed its first atomic swap with Bitcoin on mainnet
Qtum, a blockchain platform that merges the strength of Bitcoin?s blockchain with the Ethereum Virtual Machine to build decentralized applications, has completed its first atomic swap with Bitcoin on mainnet. This is a big, first step for atomic swaps, a feature that allows for on-chain exchanges, or transactions, between cryptocurrencies on two separate blockchains without the need to rely on a third party. For Bitcoin, this is a big step forward in allowing interoperability between other blockchains and itself in a trustless manner. Atomic swaps are not an entirely new feature, as Bitcoin Magazine has reported on a Lightning Network ERC-20 swap with bitcoin just a few months ago.
January 10, 2019 12:20 PM

Luas Website Hacker Demands a Bitcoin Ransom
Bitcoin often gets a very bad reputation because of its association with criminal activity. While no one can deny criminals have shown a clear bias toward cryptocurrencies, there is much more to Bitcoin than just that. Even so, a recent cyber attack affected the Luas website shows hackers aren?t done with making Bitcoin ransom demands just yet. Every time a website is hacked and/or information is stolen in the process, there is a genuine chance Bitcoin will play a role of importance sooner or later. In most cases, the culprit simply demands a Bitcoin ransom to leave systems or data alone. In other instances, the stolen information is sold on the darknet in exchange for Bitcoin or potentially other cryptocurrencies.
January 10, 2019 12:12 PM

Decentralized Platform Qtum Introduces Bitcoin Atomic Swaps to Its Mainnets
by Cryptocurrency News Daily | Jan 10, 2019 | Cryptocurrency News | 0 comments Blockchain platform Qtum is introducing Bitcoin (BTC) atomic swaps to its mainnet infrastructure, according to a press release shared with Cointelegraph Jan. 9. Atomic swaps are a technology that enables the exchange of one cryptocurrency for another without the need for a trusted third party or centralized exchange infrastructure. The implementation of Qtum-to-BTC atomic swaps has been achieved with the use of the Hash Time-Locked Contracts (HTLCs) technology and is based on the code of the open-source cryptocurrency Decred. HTLC ? according to Qtum?s announcement ? are the most secure way of implementing the swaps.

Summary of day 7 of Tour de Satoshi: Bitcoin is on a winning streak
The tour from Bregenz to Riedlingen was memorable. But not in a good way! the pain of having frozen feet all day is now on the top of the list of things I will remember from this tour. But let me start from the beginning. The weather forecast had predicted light snow throughout the day which was something I knew I could do. However, as I started riding out of Bregenz, I already caught a glimpse of it coming, the first snowstorm out of four. Although the storms come in short waves, they are very strong and consume a lot of power to ride through. Therefore, the four snowstorms rattled me quite intensely. The rest of the day agreed with the forecast and it snowed continuously.
January 10, 2019 12:05 PM

Dark Overlord Group: Keep the Bitcoin flowing, We ll Keep the Truth Flowing
-Bitcoin news, price, information & analysis The Dark Overlord hacker group who last week grabbed headlines when it announced it was prepared to share 9/11 secrets in exchange for Bitcoin has released a second cache of information. The self-proclaimed ?financially motivated? cyber criminals have also stated that they will continue to release more ?layers? of information as they receive money from the public. Following the leak of the first group of documents from Dark Overlord, social media accounts associated with the hackers were shut down. Surprisingly, given the cryptocurrency community?s penchant for censorship resistance, one of these was blockchain-based social media application Steemit.
January 10, 2019 12:02 PM

Bitcoin Latest Update: How Experts Think Bitcoin (BTC) Will Fare This Year - BTC News Today - BTC/USD Price Today
Cryptocurrencies generally experienced soaring prices over the last year. In 2017, Bitcoin (BTC), the father of all digital currencies by market cap, rose to as high as $19,000 to record a new all-time high. However, the price of the digital asset collapsed to as low as $4000 in 2018 and has continued to plunge further down as of press time today. Bitcoin (BTC) has increasingly slumped in price alongside other digital currencies in the previous year, which ultimately gives a picture of an unattractive start for the crypto market in the New Year. Bitcoin (BTC) Price Today ? BTC / USD Let?s see what experts have predicted for Bitcoin (BTC) below:
January 10, 2019 11:51 AM

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