RHETORIC: In a House Financial Services Committee hearing today, Treasury Secretary Steve Mnuchin said “we have full transparency” with regard to recipients of the SBA’s Paycheck Protection Program (PPP). Get Our Activist Investing Case Study! Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read […] [Read More...]
Ethereum Holds Strong at $225: A Strengthening Case for Upside
Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Ethereum is following a bullish path and it recently spiked above the $230 resistance level. The price could correct a few points, but the $228 and $225 levels are important supports. This week’s followed a crucial ascending channel is active with support near $228 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher towards $235 after a short-term downside correction. Ethereum Price is Showing Positive Signs In the past three days, Ethereum price followed a bullish path above the $220 pivot level against the US Dollar. ETH price gained … [Read More...]
ION, Microsoft’s Decentralized Identity System, Launches Beta On Bitcoin Mainnet
ION, a Microsoft-led decentralized identity system built on top of Bitcoin, has officially been moved to beta on Bitcoin’s mainnet today. The news was shared in a release by Casa, a Bitcoin self-custody provider and project collaborator. First announced in May 2019, the Layer 2 network features its own node structure and is being built as an open-source project. As described to Bitcoin Magazine then, the overarching vision for ION is to furnish users with a decentralized identifier (DID) that could replace the need for usernames. “This DID, like a private key when signing a transaction to the Bitcoin network, proves ownership,” Colin Harper reported. “Individual ION nodes on the secondary network will be responsible for keeping track of these DIDs and timestamping them onto … [Read More...]
Daily Discussion, July 02, 2020
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending
A standard way to transact Bitcoin could be vulnerable to double-spending and DoS attacks, ZenGo has found. [Read More...]
Ethereum’s Vitalik Buterin Believes Yield Farming Is Short-Termed
While several have been jumping on to the DeFi bandwagon to explore yield farming, Vitalik Buterin, the creator of Ethereum suggested that it wouldn’t last long. ‘Boring Apps Are The Most Valuable’ The Decentralized Finance [DeFi] space is undoubtedly the talk of the crypto town. The term “Yield Farming” has taken the crypto world by […] [Read More...]
Bitcoin Hesitates But Indicators Suggest BTC Could Surge Above $9,300
Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300. Bitcoin is showing a few positive signs above the $9,200 and $9,150 levels. The price revisited the $9,300 resistance and it is now trading well above the 100 hourly simple moving average. There is a significant bullish trend line forming with support at $9,180 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct a few points, but it is likely to break the $9,300 hurdle for more upsides. Bitcoin Price is Eyeing Upside Break After settling above the $9,000 level, bitcoin started a slow and steady rise against the … [Read More...]
If we approach 10k again in the coming days no one celebrate
I dont want to see that up meme or down meme until we break 20k. Or any other celebratory slap assing going on. Please and thanks. submitted by /u/zipatauontheripatang [link] [comments] [Read More...]
Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring
Equities show strength as bitcoin stays rangebound above $9,000. [Read More...]
Reddit Roundup – June 2020
Ladies and gentlemen, we bring you the first ever edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 50 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other one as well such as r/BitcoinMining. In this roundup there are 10 different categories each link falls under, and the categories are: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents), and last but not least Memes, Fun, And Other. Big shoutout to Sam Wouter, creator of BitcoinSnippets. From October 2016 to October 2019, he was creating these monthly link summaries to help everyone keep up to date with Bitcoin. He’s … [Read More...]
CryptoCoin.PRO Presents the Virtual Blockchain Summit 2020 – The World’s First Tokenized Event
Bitcoin Press Release: CryptoCoin.Pro have announced the world’s first tokenized blockchain event, the 2020 Virtual Blockchain Summit, which will run from June 11th – 12th. 8th June 2020, location – Blockchain is growing fast, so fast that just staying up to date with current events is a challenge in itself. The new global landscape of 2020 has only added to this challenge, making the physical attendance of such events a foregone conclusion. Despite these challenging obstacles, innovative people and companies will always find a way. In order to create something of value and magnitude, people of different backgrounds but with similar values must connect, gather and debate the hottest topics of today. CryptoCoin.PRO, organizers of the Virtual Blockchain Summit are proud to announce that they have successfully managed … [Read More...]
Court Excoriates ‘Copyright Troll’ Lawyer and Adds $100,000 in Sanctions
Over the past several years, photographers have filed thousands of lawsuits against companies that allegedly use their work without permission. The majority of these cases, which include prominent targets such as Yahoo.com, Verizon.com, MSN.com, MTV.com, Gawker.com, are handled by attorney Richard Liebowitz. We first spotted this emerging trend in 2016 and, at the time, Liebowitz […] [Read More...]
Libra Partner Bison Trails Just Announced Support for Ethereum 2.0
Over the past few weeks, Ethereum as a network has seen a spike in transactions and active users. Just days ago data from Santiment indicated that the number of daily active addresses passed a two year high. Simultaneously, the number of daily confirmed transactions ticked past 1,000,000, making many think back to the 2018 bubble. Fees, though, have responded in kind, reaching a multi-year high. Enter Ethereum 2.0, an upgrade slated to dramatically change how the network operates. Related Reading: A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App What is Ethereum 2.0? In short, Ethereum 2.0 is a new iteration of the blockchain that will cast aside Proof of Work (mining) and the current virtual machine for a new system. The new system will be … [Read More...]
The Human Rights Foundation Is Now Funding Bitcoin Privacy Development, Starting With CoinSwap
The Human Rights Foundation (HRF) was already promoting Bitcoin’s privacy features. Now, it will also fund the development of them. HRF, the New York-based nonprofit that promotes and protects human rights globally, has launched a fund to support Bitcoin developers who make the Bitcoin network more private, decentralized and resilient. The first grant, worth close to $50,000, has been gifted to London-based Bitcoin developer Chris Belcher to realize an implementation of his CoinSwap protocol. A second grant of the same size will be announced soon. “At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and surveillance on the rise in many countries,” said Alex Gladstein, chief strategy officer at the … [Read More...]
Craig needs to shut the fuck up
submitted by /u/MagoCrypto [link] [comments] [Read More...]
‘I Failed Terribly at Keeping My Identity Secret’: Scott Alexander on the Value of Pseudonymity
A New York Times decision to name Scott Alexander, the author of Slate Star Codex, raises questions about who deserves pseudonyms, journalism in 2020, and where we place value when it comes to news stories. [Read More...]
Ethereum Price Forecast: ETH/USD Hits A Wall At $230, Why $200 Is Still In The Picture?
Ethereum reverses from the resistance at $230; buyers seek support at $225. ETH/USD bulls must not underestimate the selling pressure because $200 is still within reach. The second-largest cryptocurrency is battling increased selling activities just like other major cryptocurrencies in the market including Bitcoin, Ripple and Bitcoin Cash. Last week, Ether rose significantly from the […] [Read More...]
Bitcoin Flirts with Posting a Bull Cross as Crucial Resistance Nears
Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period. There are a few crucial price regions within this trading range that could hold massive sway over the cryptocurrency’s near-term trend, and one analyst believes that the first level to watch exists just above BTC’s current price. He notes that a break above $9,260 could be all that is needed to boost the benchmark digital asset up towards $9,500. He does contend that the trend favors sellers as long as BTC is below $9,700. It is important to note that BTC is in the process of forming a coveted “bull cross” between its 8-day and 34-day … [Read More...]
Bitcoin Lightning Bartender? yes!
submitted by /u/agnjkafgh [link] [comments] [Read More...]
Bitcoin News Roundup for July 1, 2020
With a historically boring update to bitcoin’s mining difficulty and the digital dollar back in the news, CoinDesk’s Markets Daily is back for your bitcoin news roundup. [Read More...]
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