TCOIN News (TCN) - Page 1

Mastercard is backing bitcoin
Mastercard is backing bitcoin   In the United Kingdom there are nearly 50 million MasterCard users for 16 years. However, there is currently a class action lawsuit seeking fines and damages of over $ 15 billion. In this case, it is legally asserted that MasterCard charged retailers with too much fees. This meant that retailers were forced to raise prices for their products. MasterCard has fought in this class action lawsuit, saying, "We have objected to the grounds of the lawsuit, and UK consumers have benefited from services such as the company's security and convenience services for fees."   Traditional financial systems have failed many times. Bitcoin is a distributed system and can not be tampered with, so hacking is impossible. In fact, transaction fees are very transparent and there are also sites for providing that information.   Currently, Bitcoin transaction fees are unstable. In the bull market in 2017, the confirmation time was longer, resulting in higher fees.   The bearish market conditions eased the pressure on the system. The developers were able to build an infrastructure with enough scalability to perform the function of a global reserve currency.
April 24, 2019 7:54 AM

medium.com

Awesome panel discussion - Bitcoin or/and Gold - Mallorca Blockchain Days (Moderator: Tone Vays)
Bitcoin or/and Gold - Gold Panel - Mallorca Blockchain Days (Moderator: Tone Vays) Dennis Koray: Bitcoin Informant (https://bit.ly/2DqJTGf) Joshua Scigala: CEO Vaultoro (https://www.vaultoro.com/) Reinhard Bochem: Inner Circle Aaron Koenig: Bitfilm (https://www.bitfilm.com/) Moderator: Tone Vays - Content Creator, Derivatives Trader & Consultant (https://tonevays.com/) https://mallorcablockchaindays.com https://mallorcablockchain.com Twitter: https://twitter.com/MallorcaBCDays
April 23, 2019 7:23 PM

www.youtube.com

5 Big Reasons Why Bitcoin Can Never Be Banned!
Reading: 5 Big Reasons Why Bitcoin Can Never Be Banned Christina Comben | Apr 23, 2019 | 13:00 Christina Comben | Apr 23, 2019 | 13:00 Most countries around the world are scrambling to regulate Bitcoin. Some, like Bolivia, Egypt, and Saudi Arabia, have even tried to outright ban it. The problem is, no matter what regulators say, there are four major reasons why Bitcoin is unbannable. There?s a saying in the Bitcoin community that you still hear from time to time: You can take your country out of bitcoin, but you can?t take bitcoin out of your country. Why? Because it is actually impossible to write laws against a protocol vastly superior to the human subjective legal system. Governments may ?ban bitcoin,? but their people will continue to use it.
April 23, 2019 3:46 PM

bitcoinist.com

Bitcoin scores a golden cross and now everyone is bullish
Published: Apr 23, 2019 1:17 p.m. ET ?Those that have the patience to stick around will be rewarded handsomely,? says bitcoin fund manager Once beaten down, bitcoin aficionados are growing louder by the day. On Tuesday, the best-known digital currency surged through $5,500, trading at a five-month high and homing in on key resistance around $6,000. And as momentum picks up, a closely watched bullish indicator suggests further gains are in sight. ?The technical picture for is looking increasingly bullish on the daily charts with the fabled bullish ?golden cross? slowly coming into play,? said Lukman Otunuga, research analyst in a Tuesday note.
April 23, 2019 2:32 PM

www.marketwatch.com

Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year
Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world?s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year. Also read: Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings The South Korean news outlet Arirang Daily News revealed the results of a new survey conducted by the Korea Financial Investment Association (KOFIA). The self-regulatory organization?s poll surveyed 2,500 South Korean residents who invested in cryptocurrencies like BCH, ETH, and BTC. Surveys help bolster KOFIA?s goal of ensuring fair trading practices are taking place and enables them to monitor South Korea?s capital market and financial investments. The results of the survey stemmed from a poll taken in December 2018 and the examination reveals 7.4% of the 2,500 individuals surveyed said they own digital currencies. Moreover, South Koreans between 25 and 64 years old who had purchased cryptocurrencies over the last year invested more than $6,000 on average.
April 23, 2019 2:18 PM

news.bitcoin.com

Bitcoin Price Sees First Golden Crossover Since 2015
With bitcoin?s (BTC) move to five-month highs Tuesday, a notable bull cross of key moving averages has formed for the first time in nearly four years. The crypto market leader jumped to $5,627 on Bitstamp earlier today ? the highest level since Nov. 18 ? having revived the short-term bullish case with a repeated defense of key support at $5,170 last week. Meanwhile, the 50-day moving average (MA) has crossed the 200-day MA from below, confirming a long-term bullish pattern known as a ?golden crossover? in technical parlance. This is the first golden crossover since October 28, 2015. Many analysts consider the indicator an advanced warning of stronger price gains in the long term.
April 23, 2019 1:47 PM

taklimakan.network



This Key Part Of Bitcoin's History Is What Separates It From Competitors
There are thousands of different cryptocurrencies in existence today, but bitcoin is still king. In addition to a community ethos that prioritizes stability and soundness over implementing experimental new features, there is one particular event in Bitcoin?s history that clearly illustrates why it is still viewed as the gold standard of cryptocurrencies. In 2016, code that was intended to lead to the activation of a Bitcoin improvement known as Segregated Witness (SegWit) was made available via a new release of Bitcoin Core. At the time, this was mainly viewed as nothing more than a technical upgrade (although there was some disagreement regarding how the upgrade should be implemented) that would bring a variety of benefits to the network, including laying the foundation for layer-two payment protocols like the Lightning Network.
April 23, 2019 11:39 AM

www.forbes.com

Prolific sim-swapper gets 10 years for stealing $7.5M worth of Bitcoin
TNW uses cookies to personalize content and ads to make our site easier for you to use. We do also share that information with third parties for advertising & analytics. Blockchain, cryptocurrencies, and insider stories by TNW. Joel Ortiz was a prolific SIM swapper A 21-year-old man in the US, who is credited with being one of the first people in the country to be convicted of stealing cryptocurrency by hacking a victim?s mobile phone, has been sentenced to 10 years in jail. Joel Ortiz, who stole over $7.5 million from at least 40 people, pleaded guilty without contest to 10 felony charges on January 24, 2019.
April 23, 2019 10:44 AM

thenextweb.com

Now that there is a standard for Signing a message using legacy/segwit/bech32 address, can we have an ETA of when we will be able to sign message in ledger live
GitHub is home to over 31 million developers working together to host and review code, manage projects, and build software together. This document describes a signature format for signing messages with Bitcoin private keys. The specification is intended to describe the standard for signatures of messages that can be signed and verfied between different clients that exist in the field today. Note: that a new signature format has been defined which has a number of advantages over this BIP, but to be backwards compatible with existing implementations this BIP will be useful. See BIP 322 for full details on the new signature scheme.
April 23, 2019 10:41 AM

github.com


Filecoin and Ethereum Foundation partnering to research VDFs
Protocol Labs, the creators of the Filecoin (FIL) decentralized storage network, are partnering with the Ethereum Foundation. The goal is to develop ?at least one secure, efficient, and usable Verifiable Delay Function (VDF) construction.? According to a blog from the two groups, a VDF is: ?A function that takes at least some amount of time, the ?delay,? to generate an output (even if you throw a bunch of processors at it), but whose output can be verified quickly and easily. For those who are interested in diving deeper, here is a succinct written explanation and here is a video describing VDFs and some candidate constructions.?
April 23, 2019 7:39 AM

insidebitcoins.com


Bitcoin Price Sees first Golden Crossover since 2015
With bitcoin?s (BTC) move to five-month highs Tuesday, a notable bull cross of key moving averages has formed for the first time in nearly four years. The crypto market leader jumped to $5,627 on Bitstamp earlier today ? the highest level since Nov. 18 ? having revived the short-term bullish case with a repeated defense of key support at $5,170 last week. Meanwhile, the 50-day moving average (MA) has crossed the 200-day MA from below, confirming a long-term bullish pattern known as a ?golden crossover? in technical parlance. This is the first golden crossover since October 28, 2015. Many analysts consider the indicator an advanced warning of stronger price gains in the long term.
April 23, 2019 7:11 AM

www.coindesk.com

Will Schnorr and Taproot Be as Difficult for Bitcoin to Activate as SegWit
During the recent Understanding Bitcoin conference in Malta, the opening panel on day two focused on potential upcoming improvements for Bitcoin. The panel featured Blockstream CEO Adam Back, Blockstream Chief Architect Lawrence Nahum, and Blockstream Researcher Christian Decker. BHB Network Director Giacomo Zucco moderated the panel. Schnorr signatures, Taproot, and Sighash Noinput are three of the most well known Bitcoin improvements that appear to be on their way into the protocol, but Zucco asked the panel if it?s possible there could be some hiccups in terms of the activation process for these changes.
April 23, 2019 6:30 AM

coinjournal.net

Bitcoin jumps to a six-month high as 2019 rally grows
LONDON, April 23 (Reuters) - Bitcoin jumped on Tuesday to its highest in six months, pulling smaller cryptocurrencies up with it in a move that traders and analysts ascribed to technical forces with no apparent news catalysts at play. The original and biggest virtual coin climbed as much as 4.5 percent in early trading to top $5,600 briefly, touching its highest since Nov. 18. Other major cryptocurrencies that tend be correlated to bitcoin such as ethereum and Ripple?s XRP also gained. Bitcoin was last up 3.1 percent. It has gained more than 35 percent in April, due largely to a 20 percent jump that caused puzzlement among traders and underscored flaws in cryptocurrency markets. (Reporting by Tom Wilson; Editing by Saikat Chatterjee)
April 23, 2019 5:47 AM

www.reuters.com

Rothschild-Linked Oil Tycoon Makes Waves in Bitcoin Mining Pool
Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: ?CCN+Hacked?. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: ?CCN+Hacked?. Sign up here. By CCN: A big shakeup at Argo Blockchain, the beleaguered bitcoin mining company that owns Argo Mining, has revealed that a Rothschild-linked London oil tycoon with a shadowy past just did the cannonball dive into the deep end of the crypto mining pool.
April 23, 2019 4:55 AM

coinresponse.com

@Bitcoin Twitter account under the threat of being banned by BTC supporters
@Bitcoin Twitter account is in the limelight these days due to a controversy over its account being banned from Twitter. The Bitcoin network forked in 2017 to create a separate chain Bitcoin Cash (BCH) intended to solve the high fees problem through onchain scaling, Since then the @Bitcoin account decided to support BCH. The account tweets about BCH and condemns the BTC network. This evident shift in the twitter account?s support for BCH has enraged some individuals who have reported the account to Twitter administration. Jack Dorsey, the CEO of Twitter has often been tagged by the haters in their tweets to ban the account.
April 23, 2019 3:44 AM

blockmanity.com

Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC] can now be used on Amazon
Binance?s decentralized exchange all set to trade ChangeNOW?s latest token Cardano : It is definitely not my responsibility to appreciate ADA?s value, says Charles Hoskinson French multinational investment bank issues security tokens based on Ethereum blockchain Bitcoin could ?absolutely? be priced between $300,000 ? $400,000, says Morgan Creek CEO Bitcoin will have to break 50-week Moving Average to breach $6,000 mark, claims Tone Vays Cobra on Bitcoin?s biggest threat, Bet on Game of Thrones using Bitcoin, and more Ripple?s role is to be a technology service provider, says Ripple?s Senior VP of Marketing
April 23, 2019 2:35 AM

ambcrypto.com

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