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03.06.2019
22:02 Yahoo.com BusinessBitMEX Ventures provides funding to Philippine cryptocurrency exchange PDAX

BitMEX Ventures has announced it has invested in Philippine Digital Asset Exchange (PDAX). The cryptocurrency exchange offers access to financial services that might be otherwise not available to those living in the Philippines.The post BitMEX Ventures provides funding to Philippine cryptocurrency exchange PDAX appeared first on The Block.

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21:50 CryptoCoinsNews.comTron CEO’s Childish Warren Buffett Stunt Batters BTT Cryptocurrency

By CCN: The BitTorrent cryptocurrency price tanked over 6% in Monday trading after Tron CEO Justin Sun’s latest announcement stunt flopped in hilarious fashion. Tron Founder Will Pitch Crypto to Bitcoin Hater Warren Buffett It turns out Sun was the mystery bidder who won a charity lunch auction to dine with investing oracle Warren Buffett. This year is the 20th anniversary of Buffett’s annual charity “power lunch” auction, and a record-setting bid of $4.5 million for the lunch date made headlines Friday. The previous record was $3.45 million in 2016. Shortly after the news broke, Justin Sun took to Twitter
The post Tron CEO’s Childish Warren Buffett Stunt Batters BTT Cryptocurrency appeared first on CCN

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21:09 Financial TimesCrypto currency founder revealed as winner of Buffett lunch

Tron and BitTorrent chief Justin Sun pays $4.6m at auction to dine with the Oracle of Omaha

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21:02 Yahoo.com BusinessWinklevoss Bro Wants You to ‘Book Your Seat’ on the Bitcoin Rocket

By CCN: The most common argument Bitcoin increasing in value is its potential disruption of the haven gold market. One of the loudest evangelists of this belief, Cameron Winklevoss, was again urging people on Twitter not to miss out on this game-changing capital transfer because of a lack of imagination. We talk about going to Mars all the time. We have no limits to our imagination when it comes to space travel. But when it comes to the future of money, curiously many suffer from an acute failure of imagination. The Bitcoin rocket ship is fueling up, make sure to

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21:01 CoinDesk.comJohn McAfee Says He Is Launching His Own ‘Freedom’ Cryptocurrency

Like Seinfeld, the McAfee Freedom Coin is a token about nothing.

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20:49 CryptoCoinsNews.comWinklevoss Bro Wants You to ‘Book Your Seat’ on the Bitcoin Rocket

By CCN: The most common argument Bitcoin increasing in value is its potential disruption of the haven gold market. One of the loudest evangelists of this belief, Cameron Winklevoss, was again urging people on Twitter not to miss out on this game-changing capital transfer because of a lack of imagination. We talk about going to Mars all the time. We have no limits to our imagination when it comes to space travel. But when it comes to the future of money, curiously many suffer from an acute failure of imagination. The Bitcoin rocket ship is fueling up, make sure to
The post Winklevoss Bro Wants You to ‘Book Your Seat’ on the Bitcoin Rocket appeared first on CCN

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19:49 Yahoo.com BusinessBullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020

By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price will surpass $50,000 by this time next year, which would reflect an increase of roughly 150% versus

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19:37 CryptoCoinsNews.comBullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020

By CCN: Now that the bitcoin price has momentum on its side, the bulls are placing bullish bets again. The most aggressive trades are seemingly happening in the crypto derivatives market where the risk/reward profile differs vs. the spot market. Now that the bitcoin price has generated returns of approximately 130% year-to-date, derivatives traders are willing to put it on the line once again. One bullish trade that has resurfaced in the crypto call options market is a bet that the bitcoin price will surpass $50,000 by this time next year, which would reflect an increase of roughly 150% versus
The post Bullish LedgerX Crypto Options Bets Resurface: Bitcoin $50K by 2020 appeared first on CCN

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19:25 InvestorPlace.com5 Funds to Consider for Bitcoin’s Resurgence

InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Many investors would love to invest in cryptocurrency ETFs, but the SEC is no hurry. Here are 5 funds involved with bitcoin in the mean time.
The post 5 Funds to Consider for Bitcoin’s Resurgence appeared first on InvestorPlace.
4 CBD Stocks to Buy for Mainstream Marijuana Profits

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19:12 BitcoinMagazine.comOp Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
The key characteristic of a Ponzi scheme is that returns promised to early investors in a nonexistent enterprise are paid out with money put into the scheme by later investors. These sorts of scams fall apart when there are simply no new people to scam into “investing” in the project. At that point, the early investors stop receiving a return on their initial investment and it becomes clear the whole scheme was based on lies and deceit

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18:25 Yahoo.com BusinessOpen Bets On CME’s Bitcoin Futures Hit Record High

CME Bitcoin Futures have hit a record high in open interest at 5,190, up seven percent on the week prior, data from the CFTC shows.

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18:12 Yahoo.com BusinessWill Ethereum Surge Back to $1,000? Experts Weigh In

By CCN: Ethereum has had a fantastic – if expected – turn-around the past few weeks, launching the second-largest cryptocurrency above $250. In the glory days of the ICO run, when transaction fees were high – and demand for Ether was also high – the ETH price sailed over $1,000. What are the odds of that happening now, or soon? Ethereum: Can ETH Join Bitcoin in Four-Figure Territory? Ethereum has faced stiff competition from other smart contract platforms, notably Tron and EOS. In the “enterprise” space, there are also several competitors, including NEO, Aelf, and more. Virtually any alternative which

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18:12 Yahoo.com BusinessCryptocurrency market update: Bitcoin and alts climbing upwards

At the time of writing, the positive momentum in the crypto markets is still present. Much like the two previous weekends, the entire market has consolidated nicely, despite a bumpy start to Monday. Bitcoin has broken past the $6,000, $7,000, and $8,000 levels with ease. Since then, we touched the $9,000 level for a brief moment, before returning to the $8,500 area soon after. As I mentioned last week, the pump could be linked to the Consensus conference that took place in NY last month, as we’ve seen similar movements prior to this crypto conference in previous years. Also, as we saw during most talks and speeches, loads of crypto enthusiasts clearly see BTC as a store of value. Bitcoin The post Cryptocurrency market update: Bitcoin and alts climbing upwards appeared first on Coin Rivet.

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18:12 InvestorPlace.comTrump Wakes the Gold and Bitcoin Bugs

InvestorPlace - Stock Market News, Stock Advice & Trading Tips
If you trust gold, you must trust your vault owner to move around with it. If you trust bitcoin, you must trust the exchange you trade with. Both carry risk
The post Trump Wakes the Gold and Bitcoin Bugs appeared first on InvestorPlace.
More From InvestorPlace 4 Top American Penny Pot Stocks (Buy Before June 21) 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right 7 Bank Stocks to Leave in the Vault 7 Stocks for You to Profit From (Legal) Insider Trading

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18:11 CryptoCoinsNews.com$100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss

By CCN: Just months ago, Japanese tech behemoth Softbank was on top of the world, and CEO Masayoshi Son added $5 billion to his net worth following a well-timed stock buyback program. But fortunes have turned for Softbank and Mr. Son. Softbank stock has slumped nearly 20 percent since its April highs, its Uber investment is looking shaky, and new fundraising efforts are failing. Meanwhile, Mr. Son revealed his monstrous losses from a disastrous bitcoin bet. Softbank Founder Suffers Bitcoin Blues In April CCN reported on Son’s brief but regrettable investment in bitcoin, writing that: “It is not known exactly
The post $100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss appeared first on CCN

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17:59 CryptoCoinsNews.comWill Ethereum Surge Back to $1,000? Experts Weigh In

By CCN: Ethereum has had a fantastic – if expected – turn-around the past few weeks, launching the second-largest cryptocurrency above $250. In the glory days of the ICO run, when transaction fees were high – and demand for Ether was also high – the ETH price sailed over $1,000. What are the odds of that happening now, or soon? Ethereum: Can ETH Join Bitcoin in Four-Figure Territory? Ethereum has faced stiff competition from other smart contract platforms, notably Tron and EOS. In the “enterprise” space, there are also several competitors, including NEO, Aelf, and more. Virtually any alternative which
The post Will Ethereum Surge Back to $1,000? Experts Weigh In appeared first on CCN

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17:37 TheNextWeb.comBitcoin is the ‘King of the Asset Class Hill’ in 2019, analysts say

Bitcoin’s price rose more than 60 percent in May — the highest monthly return in over a year and a half. This means the world’s most popular cryptocurrency has performed better than almost any global asset in 2019. Boutique analysis firm Delphi Digital even labeled Bitcoin the “King of the Asset Class Hill” in its latest market commentary, after it posted four consecutive months of solid returns. “The acceleration in BTC’s performance comes at a time when conventional risk assets, notably global equity markets, continue to see selling pressure […],” said Delphi Digital. “May’s outperformance has been especially important given the broader… This story continues at The Next WebOr just read more coverage about: Bitcoin

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17:36 Yahoo.com BusinessBrazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

A Brazilian state-owned bank is reportedly funding a documentary film through its own ether-based stablecoin, Cointelegraph Brazil reports on June 3. Brazil’s National Bank for Economic and Social Development (BNDES) will finance the production of a documentary in collaboration with local cinema producer Elo Company, whose movie “The Boy and the World” by Alê Abreu was nominated for an Oscar in 2016. According to the report, the funding for the project will be carried out through the national bank’s own cryptocurrency, BNDES token, a Brazilian real (BRL)-backed stablecoin that has been under development since 2018.

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17:35 CoinDesk.comOpen Bets On CME’s Bitcoin Futures Hit Record High

CME Bitcoin Futures have hit a record high in open interest at 5,190, up seven percent on the week prior, data from the CFTC shows.

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17:11 CoinDesk.comEncrypted Email Service Launches on Blockstack With Bitcoin Features

An Egyptian web firm is building Dmail on Blockstack to bring bitcoin-friendly privacy tech to the Middle East.

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16:20 CryptoCoinsNews.comBitcoin Bulls Rage in Key Indicator Despite $11 Billion Crypto Drop

By CCN: In an overnight pullback, the bitcoin price has dropped by around 2.3 percent from $8,700 to $8,500, leaving major crypto assets such as Ethereum, Bitcoin Cash, XRP, and EOS with 3 to 8 percent losses against the U.S. dollar. As the bitcoin price endured a minor correction, the valuation of the crypto market has dropped by nearly $11 billion from $279 billion to $268 billion. Still, despite the short-term correction of bitcoin and the likelihood of a pullback extending throughout the upcoming days, a key technical indicator suggests that the dominant crypto asset has entered into a bull
The post Bitcoin Bulls Rage in Key Indicator Despite $11 Billion Crypto Drop appeared first on CCN

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16:09 Yahoo.com BusinessHow to win a free Bitcoin

Browse the internet and you will see numerous sites and opportunities to win a free Bitcoin. However, it is unlikely that any of them are real. They are most likely scams trying to steal your money by offering you the chance of further riches. For those who perhaps missed out on the cheaper cost of Bitcoin and want to gain a holding without purchasing it directly, then trying to get free Bitcoin can be very tempting. Let’s have a look and see whether there are any legitimate chances to win a free Bitcoin on the world wide web. Coin Rivet competition A legitimate chance to win a free Bitcoin took place on this very website as a promotion to celebrate The post How to win a free Bitcoin appeared first on Coin Rivet.

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15:44 Yahoo.com BusinessSamourai Wallet Raises First Funding Round in Fight Against Bitcoin Surveillance

The team behind the privacy-centric Samourai Wallet has received a $100,000 investment to expand its offerings.

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15:07 Yahoo.com BusinessBitfinex launches peer-to-peer OTC trading on Ethereum-based partner platform

Crypto exchange Bitfinex has had a busy month, fighting legal battles and media scrutiny about the stability of its stablecoin, Tether.The post Bitfinex launches peer-to-peer OTC trading on Ethereum-based partner platform appeared first on The Block.

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15:06 CoinDesk.comSamourai Wallet Raises First Funding Round in Fight Against Bitcoin Surveillance

The team behind the privacy-centric Samourai Wallet has received a $100,000 investment to expand its offerings.

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14:44 TheNextWeb.com‘Crypto-Twitter’ is explaining Bitcoin in 280 characters or less

Self-professed cypherpunk Jameson Lopp has set the cryptocurrency community a seemingly impossible task: efficiently explain Bitcoin in less than 280 characters. A global, neutral payment network that allows anyone on earth to transact a huge or tiny amount of value with anyone else within minutes, without needing to ask permission from a government, without disclosing one’s personal information, and without the possibility of censorship. — Alex Gladstein (@gladstein) June 2, 2019 While some responses, like the one above, were overtly genuine, others were more sarcastic. “Bitcoin is free Internet money that will make everyone rich, automatically solve ethics without any… This story continues at The Next WebOr just read more coverage about: Bitcoin,Twitter

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14:43 Yahoo.com BusinessBitcoin Faces Price Pullback as Signs of Longer-Term Bull Exhaustion Emerge

Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.

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14:20 TheNextWeb.comThese designers want to hide a cryptocurrency mining farm in a skyscraper water park

The cryptocurrency and blockchain industry has thrown out its fair share of zany ideas over the last few years. But a group of designers is taking wild blockchain concepts to new heights with their plans for a cryptocurrency mining facility hidden in a skyscraper water park in Tehran, Iran. Yeah, I don’t know where to start either. But let’s try. The plans show a cryptocurrency mining farm, swimming pools, shopping mall, food court, and a spa all wrapped around each other, blurring the lines between form and true function. The idea is to create an off-grid, glass-encased water park that… This story continues at The Next Web

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14:06 CoinDesk.comBitcoin Faces Price Pullback as Signs of Longer-Term Bull Exhaustion Emerge

Bitcoin could revisit sub-$8,000 levels in the short-term, as a longer-duration chart is flashing signs of bull exhaustion for the first time in 2019.

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13:31 TheNextWeb.comBig banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token

The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades with its own “Bitcoin-like” token. The 14 firms – including Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group – have registered a new entity to control the devleopment of the token, dubbed ‘utility settlement coin’ (or USC for short), The Wall Street Journal reports. The financial giants have poured over $60 million into the new company, called Fnality International. The token, which has been… This story continues at The Next WebOr just read more coverage about: Bitcoin

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13:30 Yahoo.com BusinessBitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why

By CCN: Price of Bitcoin SV (BSV) is climbing higher despite carrying the most unfavourable fundamentals on its shoulders. The BSV-to-dollar exchange rate today rose 19-percent and established a fresh intraday high at $194.90 on Huobi. That took the pair’s net 23-day rise to more than 260-percent, adjusting its year-to-date gains to more than 160-percent on the whole. The past 24 hours alone witnessed BSV posting 11.57-percent gains against the US dollar. At the same time, the digital asset appreciated by more than 13-percent against bitcoin, its main rival, as the latter underwent a downside correction. Meanwhile, the cryptocurrency’s market

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13:18 Yahoo.com BusinessLatest Bitcoin price and analysis (BTC to USD)

Following Bitcoin’s momentary breach of $9,000 last week, the market quickly reversed and price fell almost $1,000 to a low of just over $8,000. Since then, the market found support above $8,400 to trade up to a weekend high of $8,800. Since that local high, Bitcoin again started to sell off over the last 12 hours to retest and find support again around the $8,400 level. This level is historically key as the 2017 support found here helped propel Bitcoin’s parabolic rise up to an eventual high of $20,000. Bitcoin/USD If price can find support following this morning’s fall, then it looks like it may be consolidating inside a potential rising wedge formation. At the time of writing, it looks The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.

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13:17 CryptoCoinsNews.comBitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why

By CCN: Price of Bitcoin SV (BSV) is climbing higher despite carrying the most unfavourable fundamentals on its shoulders. The BSV-to-dollar exchange rate today rose 19-percent and established a fresh intraday high at $194.90 on Huobi. That took the pair’s net 23-day rise to more than 260-percent, adjusting its year-to-date gains to more than 160-percent on the whole. The past 24 hours alone witnessed BSV posting 11.57-percent gains against the US dollar. At the same time, the digital asset appreciated by more than 13-percent against bitcoin, its main rival, as the latter underwent a downside correction. Meanwhile, the cryptocurrency’s market
The post Bitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why appeared first on CCN

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11:41 TheNextWeb.comMoonday Mornings: Bitcoin flash-crashed to $75, SIM-swapping on the rise, and more

It’s time for another edition of Moonday Mornings! If you’re new around here, this is Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines that you shouldn’t miss. Let’s get to it. 1. For about five minutes over the weekend, the Bitcoin and Canadian dollars trading pair flash-crashed down from around CAD$11,000 ($8,000) to CAD$101 ($75) per Bitcoin on the cryptocurrency exchange Kraken, according to a Twitter user. Some Redditors spotted that one user sold 1,155 BTC for CAD$101 each, bad times. Kraken is yet to comment on the incident. 2. Over the weekend, numerous members of the… This story continues at The Next WebOr just read more coverage about: Bitcoin

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11:16 Yahoo.com BusinessCoinbase makes EOS cryptocurrency announcement

Coinbase has added EOS cryptocurrency support for its retail customers. In a blog post, it says that the option will be available on Coinbase.com and in its Android and iOS apps. “EOS will be available for customers in most jurisdictions, but not initially for residents of the United Kingdom or the state of New York. Additional jurisdictions may be added at a later date,” the post notes. It adds: “EOS is a cryptocurrency designed to support large-scale decentralised applications. There are no fees to send or receive EOS. Instead, the protocol requires EOS to use resources like RAM, CPU, and network bandwidth. It also rewards the entities that run the network periodically with new EOS, effectively substituting inflation for transaction fees.” The post Coinbase makes EOS cryptocurrency announcement appeared first

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09:51 Yahoo.com BusinessBitcoin’s First Public Mining Pool Is Rebranding

The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding.

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09:50 CryptoCoinsNews.comHow to Get Your Girlfriend Interested in Cryptocurrency

By CCN: Forget the debate about whether we need more women in blockchain. This article isn’t about that. Follow these steps to get your girlfriend interested in cryptocurrency for your self-interest. Step 1: Get Her Attention Chances are if you’ve been together long, your girlfriend has heard you ramble about cryptocurrency. She’s probably even learned to tune you out at the first mention of blockchain. To stop her from zoning out this time, tell her directly – this is important to you. Wife: Wat r u doin on ur phone? Me: This guy Craig said he was satoshi but he’s not and he
The post How to Get Your Girlfriend Interested in Cryptocurrency appeared first on CCN

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09:26 Yahoo.com BusinessForget Overhyped Billion-Dollar Tech Unicorns, Bitcoin Is the Best Startup Ever

By CCN: 2019 has been the year of the hot tech IPO. Already, Uber, Lyft, Pinterest, and Beyond Meat have headlined the group of new companies coming to market. That’s not all. WeWork, AirBnb, and Slack are among other hot tech companies that are rumored to be listing their shares later this year. Some of the world’s most innovative tech companies were finally an investible proposition for young investors. But there’s a dark side to this tech bonanza. Insiders are cashing out with huge profits while dumping risky, high-priced stock to average joes. In many cases, these insiders include filthy

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09:15 Yahoo.com BusinessBitcoin tycoon Alex Johnson breaks silence on death of model

US Bitcoin millionaire Alex Johnson and his wife, Luna, have spoken about the night that teenage model, Ivana Smit, plunged to her death from their apartment in Malaysia. In their first interview since they went in to hiding, the pair told MailOnline about a threesome with Smit, 18, but insisted they had nothing to do with her demise in December 2017. They were arrested when Smit’s naked body was found 200ft beneath their apartment and spent two weeks in custody, suspected of drug use and breaching immigration rules. They were released without charge as blood tests showed no trace of drugs and their visas checked out. However, a post-mortem revealed Smit had taken cocaine and alcohol and had high levels of PMMA. “The Johnsons The post Bitcoin tycoon Alex Johnson breaks silence on death of model

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09:14 CoinDesk.comBitcoin’s First Public Mining Pool Is Rebranding

The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is perhaps less well-known than Slush Pool, one of the largest bitcoin mining pools as it makes up more than 9 percent of the cryptocurrency’s hashrate today. Yet Braiins has been operating it […]

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09:02 CryptoCoinsNews.comForget Overhyped Billion-Dollar Tech Unicorns, Bitcoin Is the Best Startup Ever

By CCN: 2019 has been the year of the hot tech IPO. Already, Uber, Lyft, Pinterest, and Beyond Meat have headlined the group of new companies coming to market. That’s not all. WeWork, AirBnb, and Slack are among other hot tech companies that are rumored to be listing their shares later this year. Some of the world’s most innovative tech companies were finally an investible proposition for young investors. But there’s a dark side to this tech bonanza. Insiders are cashing out with huge profits while dumping risky, high-priced stock to average joes. In many cases, these insiders include filthy
The post Forget Overhyped Billion-Dollar Tech Unicorns, Bitcoin Is the Best Startup Ever appeared first on CCN

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07:51 Yahoo.com BusinessWhy Bitcoin’s ‘Culture War’ Matters

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. Let’s talk about bitcoin, toxicity and inclusiveness. (Boy, my Twitter feed is going to have fun over the next few days.) To start with, let me take a position: I stand with those […]

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07:03 CoinDesk.comWhy Bitcoin’s ‘Culture War’ Matters

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. Let’s talk about bitcoin, toxicity and inclusiveness. (Boy, my Twitter feed is going to have fun over the next few days.) To start with, let me take a position: I stand with those […]

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06:16 CoinDesk.comFacebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report

Facebook has started discussion with the U.S. CFTC over potential regulatory issues over the social media giant's crypto stablecoin initiative.

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04:41 Zdnet.comWave of SIM swapping attacks hit US cryptocurrency users

Something strange happened last week, with tens of US-based cryptocurrency users seeing SIM swapping attacks.

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02:58 Yahoo.com BusinessBitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar

By CCN: Bitcoin is a worthless sham that’s only useful for facilitating crime, and the public must be warned about the full spectrum of the crypto-sphere’s sleaziness. That’s the opinion of attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division. In a damning Law 360 column, Stark says the Securities and Exchange Commission will soon crack down on initial exchange offerings (IEO), which he called an “unregulated crypto-casino fundraising mutation.” Moreover, Stark underscored that bitcoin is a con, and he advised investors to steer clear of it before they lose their money

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02:34 CryptoCoinsNews.comBitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar

By CCN: Bitcoin is a worthless sham that’s only useful for facilitating crime, and the public must be warned about the full spectrum of the crypto-sphere’s sleaziness. That’s the opinion of attorney John Reed Stark, a cybersecurity expert who worked for 20 years at the SEC’s enforcement division. In a damning Law 360 column, Stark says the Securities and Exchange Commission will soon crack down on initial exchange offerings (IEO), which he called an “unregulated crypto-casino fundraising mutation.” Moreover, Stark underscored that bitcoin is a con, and he advised investors to steer clear of it before they lose their money
The post Bitcoin ‘Crypto-Casino’ is a Terrorist Playground: Ex-SEC Crime Czar appeared first on CCN

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02.06.2019
19:18 Yahoo.com BusinessBitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery

By CCN: Within the past three days, since May 31, the bitcoin price has climbed from $8,000 to $8,800, demonstrating a strong sign of recovery in a 9.5 percent rally and pushing the rest of the crypto market to the upside. On major regulated crypto asset exchanges like Bitstamp, the bitcoin price dropped to as low as $8,000 on last Friday, sparking fears of a potential decline below $7,000 in an anticipated pullback. The dominant crypto asset showed immediate recovery beyond $8,200, a support level many technical analysts have emphasized as crucial for the near-term sustainability of bitcoin. Traders more

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18:54 CryptoCoinsNews.comBitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery

By CCN: Within the past three days, since May 31, the bitcoin price has climbed from $8,000 to $8,800, demonstrating a strong sign of recovery in a 9.5 percent rally and pushing the rest of the crypto market to the upside. On major regulated crypto asset exchanges like Bitstamp, the bitcoin price dropped to as low as $8,000 on last Friday, sparking fears of a potential decline below $7,000 in an anticipated pullback. The dominant crypto asset showed immediate recovery beyond $8,200, a support level many technical analysts have emphasized as crucial for the near-term sustainability of bitcoin. Traders more
The post Bitcoin Price Rallies to $8,800, Surges 9% in 3-Day Recovery appeared first on CCN

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16:57 Yahoo.com BusinessBitcoin is for Suckers – Fight Me

By CCN: There are countless reasons why bitcoin and cryptocurrencies rank among the biggest bubbles in history and the dumbest places to put your hard-earned money. Bitcoin Investors Don’t Consider Volatility Bitcoin return or cryptocurrency return compared to stock market return means nothing unless one considers volatility. Volatility is risk. The fatal mistake investors make is that they look at bitcoin, cryptocurrency, or stock market performance in a vacuum, when they must always be viewed in context with risk. This is a chart comparing 1-year volatility percentages across all investments (and I wouldn’t call cryptocurrency an “investment.” I call it gambling).

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16:32 CryptoCoinsNews.comBitcoin is for Suckers – Fight Me

By CCN: There are countless reasons why bitcoin and cryptocurrencies rank among the biggest bubbles in history and the dumbest places to put your hard-earned money. Bitcoin Investors Don’t Consider Volatility Bitcoin return or cryptocurrency return compared to stock market return means nothing unless one considers volatility. Volatility is risk. The fatal mistake investors make is that they look at bitcoin, cryptocurrency, or stock market performance in a vacuum, when they must always be viewed in context with risk. This is a chart comparing 1-year volatility percentages across all investments (and I wouldn’t call cryptocurrency an “investment.” I call it gambling).
The post Bitcoin is for Suckers – Fight Me appeared first on CCN

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16:20 Yahoo.com BusinessBitcoin s Overnight Crash Doesn t Stop Experts From Remaining Macro Bullish

The drop of bitcoin to $8,000 was not visible on charts of market data providers like CoinMarketCap because the movement occurred in a short time frame. Bitcoin’s price immediately recovered to $8,300 following its abrupt decline, relieving some of the pressure from the rest of the crypto market and continues to rise in price as of press time. Ether, bitcoin cash, litecoin, XRP and other large market cap crypto assets closed that day with a 9% drop against the United States dollar, while the timely recovery of bitcoin allowed the dominant crypto asset to minimize its drop to about 5%.

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15:55 CryptoCoinsNews.comBitcoin Price Boom Boosts AMD Rally While Semiconductor Stocks Crash

By CCN: While other semiconductor companies were struggling, AMD stocks continued to surge in May; a price movement likely fueled by the bitcoin bull market. AMD Stocks Surging by 99% Advanced Micro’s stocks are booming, gaining as much as 99 percent in the last 12 months. AMD continued its surge even in May when other semi stocks had crashed. Last month, the semiconductor ETF SMH and Intel lost 14-14 percent with Nvidia being one of the biggest losers of the month with a 25 percent price decline. “AMD is definitely the star that shines within the SMH group. Analysts are
The post Bitcoin Price Boom Boosts AMD Rally While Semiconductor Stocks Crash appeared first on CCN

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15:20 Yahoo.com BusinessCan Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

A bar in Japan is teaming up with a locally-based lightning startup to let customers pay using the experimental payments network.

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14:55 CryptoCoinsNews.comBitcoin Whales Are the Smart Money. Don’t Be the Dumb Money

By CCN: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018. It appears whales now control 25% of all BTC. Is this good or bad for bitcoin? Whales are smart money These private, non-institutional buyers decided an 85 percent decline was a buying opportunity. The market sent BTC prices higher. Now they hold bitcoin, hoping to exploit the law of supply and demand. By hoarding coins, liquidity dries up, theoretically forcing prices higher. Been here before This is the same tactic used by DeBeers, the UK-based diamond cartel to control prices in the
The post Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money appeared first on CCN

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14:43 CoinDesk.comCan Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

A bar in Japan is teaming up with a locally-based lightning startup to let customers pay using the experimental payments network.

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14:19 Yahoo.com BusinessMaxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth

A new paper outlines a proposed protocol that seeks to boost the bandwidth for bitcoin nodes.

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13:42 CoinDesk.comMaxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth

A new paper outlines a proposed protocol that seeks to boost the bandwidth for bitcoin nodes.

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02:48 Yahoo.com BusinessBitcoin Millionaire Admits Steamy Sex Affair, Denies Model’s Grisly Murder

By CCN: Bitcoin tycoon and Everus World founder Alex Johnson and his wife engaged in a threesome that ended with the mysterious death of a Dutch model in December 2017. Ever since, the couple has been living as outcasts, moving from one city to another while hiding from the anger and threats of vigilantes. Now, after 18 months, the Johnsons have broken the silence, claiming their innocence in the grisly murder case and calling for an end to their “witch hunt.” While they denied their involvement in her death, the couple confessed that they had sex with the model on

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02:36 CryptoCoinsNews.comBitcoin Millionaire Admits Steamy Sex Affair, Denies Model’s Grisly Murder

By CCN: Bitcoin tycoon and Everus World founder Alex Johnson and his wife engaged in a threesome that ended with the mysterious death of a Dutch model in December 2017. Ever since, the couple has been living as outcasts, moving from one city to another while hiding from the anger and threats of vigilantes. Now, after 18 months, the Johnsons have broken the silence, claiming their innocence in the grisly murder case and calling for an end to their “witch hunt.” While they denied their involvement in her death, the couple confessed that they had sex with the model on
The post Bitcoin Millionaire Admits Steamy Sex Affair, Denies Model’s Grisly Murder appeared first on CCN

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01.06.2019
23:06 CryptoCoinsNews.comBooming Bitcoin Cash Price Will Rip to $1,200 in 2019

  By CCN: The long crypto winter left virtually every cryptocurrency reeling, but few assets suffered as much carnage as bitcoin cash. The bitcoin fork endured such a brutal beating that it plunged from an all-time high of $4,000 on December 20, 2017 down to $73.60 less than one year later. The vicious downtrend pushed bitcoin cash to the brink of extinction as it lost over 98 percent of its value. Nevertheless, the last few months have been kind to BCH. Bulls have finally returned to this beleaguered market, and they are beginning to flex their muscles. If current technical
The post Booming Bitcoin Cash Price Will Rip to $1,200 in 2019 appeared first on CCN

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22:33 Yahoo.com BusinessBitcoin Price Approaches $8,600 as Top Cryptos See Slight Gains

Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark. Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Recently released research from United States-based blockchain intelligence firm Chainalysis indicates that only 1.3% of economic transactions for bitcoin came from merchants in the first four months of 2019.

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18:26 Yahoo.com BusinessSBI Ripple Asia announces MoneyTap powered in-store payments trial

SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, is testing out in-store payments using its MoneyTap app. The money transfer app will be used for live payments at affiliated merchants, kicking off at a restaurant at SBI Group’s headquarters in Roppongi, Tokyo. A public launch is scheduled “within the year,” a press release notes. Available for both iOS and Android devices, MoneyTap allows funds to be sent using recipients’ telephone numbers or a QR code, and taps biometrics for security. It launched last year and bypasses domestic payment rails to allow settlement of payment flows over the RippleNet blockchain network using the latter’s xCurrent product. The post SBI Ripple Asia announces MoneyTap powered in-store payments trial appeared first on Coin Rivet.

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18:25 CryptoCoinsNews.comEveryone’s Hodling Bitcoin: Only 1.3% of Transactions are Payments in 2019

By CCN: Research by Chainalysis finds that only 1.3% of bitcoin transactions so far in 2019 came from merchants. The remaining 98.7% of volume is all on the exchanges. That means almost no one is using bitcoin to buy things. The bitcoin economy is still mostly about speculation, not a global payments system. The figures are based on data from New York-based blockchain researcher Chainalysis Inc. and are based on the first four months of 2019. In an email to Bloomberg, Kim Grauer, senior economist at Chainalysis, says: “Bitcoin economic activity continues to be dominated by exchange trading. This suggests
The post Everyone’s Hodling Bitcoin: Only 1.3% of Transactions are Payments in 2019 appeared first on CCN

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14:29 CryptoCoinsNews.comBitcoin Price Still Massive 75% Away From Next Bull Peak, Squeals Analyst

By CCN: Since December 2018, within 168 days, the bitcoin price has increased by more than 130 percent year-to-date against the U.S. dollar, engaging in a powerful recovery following its crash to $3,150. Based on the historical performance of bitcoin and the length of bull markets throughout the past eight years, cryptocurrency trader Josh Rager suggested the likelihood of the bitcoin rally being sustained throughout the next two years. $BTC Bull Market Cycles As you look at the historical cycles on the Bitcoin chart, you will notice that each bull market cycle exceeds the length of the previous uptrend Don't
The post Bitcoin Price Still Massive 75% Away From Next Bull Peak, Squeals Analyst appeared first on CCN

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13:57 ArsTechnica.comCryptocurrency firms renew push to break free from SEC rules

Kik has started a crowdfunding campaign to support its legal battle.

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13:19 CryptoCoinsNews.comCrypto Boss Blows $100,000 in Ethereum on Official ‘Virtual’ F1 Race Car

By CCN: As part of the new F1 Delta Time game, which is an officially recognized blockchain collectible game from Formula 1 racing, some recently bought a car for $100,000. The virtual vehicle is powered to the max and will, therefore, provide a significant advantage in the game. Single Car Token: Over $100,000 Bidding takes place in Wrapped Ether. The most recent sale ended for 415.9 Ether – nearly $110,000 at current prices. The car sold is a one-of-a-kind. The auction lays to rest any notions that there aren’t people who value digital property. What blockchain brings to gaming is
The post Crypto Boss Blows $100,000 in Ethereum on Official ‘Virtual’ F1 Race Car appeared first on CCN

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13:07 CoinDesk.comBitcoin SV Was the Best Performing Cryptocurrency in May – And it Wasn’t Close

The cryptocurrency markets saw rapid growth in May, with quite a few tokens – including bitcoin SV – outshining bitcoin.

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11:56 Yahoo.com BusinessBitcoin Cash – ABC, Litecoin and Ripple Daily Analysis – 01/06/19

It’s a mixed start to the day for the majors. A move back through morning highs would signal a bullish start to the month.

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05:57 Yahoo.com BusinessVinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon

By CCN: The bitcoin price is trading higher headed into the weekend and is currently hovering at $8,572, up 2.7%. After the recent spike beyond $9,000 and dramatic fall back to Earth, the market clearly is doing its best to go higher. Just ask Vinny Lingham, who is at the helm of blockchain-fueled ID startup Civic and a general partner at Multicoin Capital. Lingham, who has only recently turned bullish on the bitcoin price, tweeted: “This BTC action looks aggressive. Makes me think that we may blow through 10k and test $12k very soon; but $12k is a very heavy resistance

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05:32 CryptoCoinsNews.comVinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon

By CCN: The bitcoin price is trading higher headed into the weekend and is currently hovering at $8,572, up 2.7%. After the recent spike beyond $9,000 and dramatic fall back to Earth, the market clearly is doing its best to go higher. Just ask Vinny Lingham, who is at the helm of blockchain-fueled ID startup Civic and a general partner at Multicoin Capital. Lingham, who has only recently turned bullish on the bitcoin price, tweeted: “This BTC action looks aggressive. Makes me think that we may blow through 10k and test $12k very soon; but $12k is a very heavy resistance
The post Vinny Lingham Says Bitcoin May Blow Through $10K, Test $12K Soon appeared first on CCN

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04:32 Yahoo.com BusinessBahamas National Cryptocurrency Developer Says Startups Essential for Adoption

The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31. Project Sand Dollar is an initiative to tokenize the Central Bank of the Bahamas’ (CBOB) fiat currency as a central bank digital currency (CBDC), which is supposed to launch in the Bahamian district Exuma this year.

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04:16 CryptoCoinsNews.comBillionaires Are ‘Scouring the Market’ to Own 25% of Bitcoin in Circulation

By CCN: The appetite among billionaires for bitcoin is huge as ever, according to Eleesa Dadian, an art dealer and head of a secretive network for billionaire investors called the Dadiani Syndicate, in Forbes. The company has reportedly been instructed to purchase a jaw-dropping 25% of all available bitcoin in the market. Too bad that isn’t likely to happen. An office in Mayfair, west London – this is home to The Dadiani Syndicate, the brainchild of art dealer Eleese Dadiani. Her gallery, Dadiani Fine Art, was the first to accept cryptocurrency payments, back in 2017.Read more: https://t.co/uPxPOcVjdc pic.twitter.com/Mh8wivIQeY — Cryptos
The post Billionaires Are ‘Scouring the Market’ to Own 25% of Bitcoin in Circulation appeared first on CCN

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03:12 Yahoo.com BusinessCraig Wright Says Bitcoin Is Going to Zero, Vows to Find Fake Satoshis

By CCN: Australian entrepreneur Craig Wright, the self-proclaimed inventor of bitcoin, has anointed himself the new sheriff of Crypto Town. And his first task is to hunt down “fake” Satoshis to prove once and for all that he’s the real deal. Moreover, Wright — who claims Bitcoin SV (Satoshi Vision) is the one, true bitcoin — predicts that BTC will eventually crash to zero. And its proponents will soon choke on the bitter fruit of regret. Wright: I Can Prove I’m Satoshi Nakamoto In a 3,ooo-word follow-up to his recent Bitcoin Manifesto, Wright promises to “clean out the cryptocurrency space

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02:47 CryptoCoinsNews.comCraig Wright Says Bitcoin Is Going to Zero, Vows to Find Fake Satoshis

By CCN: Australian entrepreneur Craig Wright, the self-proclaimed inventor of bitcoin, has anointed himself the new sheriff of Crypto Town. And his first task is to hunt down “fake” Satoshis to prove once and for all that he’s the real deal. Moreover, Wright — who claims Bitcoin SV (Satoshi Vision) is the one, true bitcoin — predicts that BTC will eventually crash to zero. And its proponents will soon choke on the bitter fruit of regret. Wright: I Can Prove I’m Satoshi Nakamoto In a 3,ooo-word follow-up to his recent Bitcoin Manifesto, Wright promises to “clean out the cryptocurrency space
The post Craig Wright Says Bitcoin Is Going to Zero, Vows to Find Fake Satoshis appeared first on CCN

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01:47 FinExtra.comThe damage that cryptocurrency trading bots could be doing to exchanges

Trading software and trading algorithms are not a new addition to today’s markets, especially if you...

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01:12 Yahoo.com BusinessAn overview of Erlay, a proposal to improve the bandwidth usage of Bitcoin nodes

Bitcoin’s network security is reliant on the connectivity of its nodes. And while past efforts like FIBRE have been developed to help improve block relay, transaction relay has received limited research attention.The post An overview of Erlay, a proposal to improve the bandwidth usage of Bitcoin nodes appeared first on The Block.

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00:48 Yahoo.com Business$8 Million: ‘Crypto Genius’ Reveals His Craziest Bitcoin Prediction Yet

James Altucher has been preaching what he knows about money since long before the Bitcoin gold rush of 2017, in which mainstream celebrities tried to get crypto rich and pumped the price. | Source: Pretty much every website crypto investors visited in 2017.

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00:47 ValueWalk.comJames Altucher: Bitcoin At $1 Million By 2020 Still Possible

Former hedge fund manager James Altucher is not backing down from his $1-million-dollar bitcoin call. Presented without comment…… Bitcoin At $1 Million By 2020 Is Still Possible And Might Be A Discount Says James Altucher [REITs] Q1 hedge fund letters, […]
The post James Altucher: Bitcoin At $1 Million By 2020 Still Possible appeared first on ValueWalk.

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00:24 CryptoCoinsNews.comLittle-Known Cryptocurrency Surges 80% While Bitcoin Flounders

By CCN: Monacoin bills itself as Japan’s first cryptocurrency, and it’s gained significantly during the recent bull market activity. The cat meme cryptocurrency surged more than 80% in just 24 hours, leaving it with a per-token value of more than $2. Previously, Monacoin’s price was closer to $1. The rally came even as the Bitcoin price struggled to regain momentum after a sizable sell-off. Japanese Crypto Traders Drive Demand for Monacoin Nice $MONA pump today after its listing on @coincheckjp #Monacoin is not listed on @binance and many other big international exchanges, except @BittrexExchange Japanese investors don’t care as the
The post Little-Known Cryptocurrency Surges 80% While Bitcoin Flounders appeared first on CCN

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00:12 BitcoinMagazine.comBitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off

Summary:

Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact.We are currently failing to hold support in the $8,500s for our intraday market structure. As we test the failed support we have yet to confirm if it has new found resistance. If we fail to regain the level we can expect to see an intraday retest of our weekly support level in the $8,100s.If the $8,100 level fails, it is entirely possible that we will be visiting the mid $6,000s before buying pressure picks up to push the price. However, if we can sustain support on our weekly $8,100 level, we could ultimately see a test of our monthly and weekly resistance in the low $9,000 level before any meaningful, macro

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00:01 Yahoo.com BusinessErnst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively

83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at Big Four audit firm EY, spoke about developments in the blockchain and digital asset industries during a Fintech Forum hosted by the United States’ Securities and Exchange Commission’s (SEC) on May 31. The event was organized by the SEC’s Strategic Hub for Innovation and Financial Technology (Finhub, which) launched in October 2018 to facilitate the commission’s engagement in the fintech space, including distributed ledger technology (DLT) and digital assets, among others.

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31.05.2019
23:49 Yahoo ScienceErnst & Young Exec: Most Ethereum Decentralized Apps Not Used Productively

83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at Big Four audit firm EY, spoke about developments in the blockchain and digital asset industries during a Fintech Forum hosted by the United States’ Securities and Exchange Commission’s (SEC) on May 31. The event was organized by the SEC’s Strategic Hub for Innovation and Financial Technology (Finhub, which) launched in October 2018 to facilitate the commission’s engagement in the fintech space, including distributed ledger technology (DLT) and digital assets, among others.

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23:00 CryptoCoinsNews.com$8 Million: ‘Crypto Genius’ Reveals His Craziest Bitcoin Prediction Yet

By CCN: A quick way to crypto fame is to use whatever influence you have and make an insane call about the future Bitcoin price. You don’t have to be right. You can be consistently wrong. But if you’re bullish and the market starts to move, people will listen to you. Crypto Celebrities Keep Saying the Craziest Things James Altucher has been preaching what he knows about money since long before the Bitcoin gold rush of 2017, in which mainstream celebrities tried to get crypto rich and pumped the price. The semi-viral financial star is joining the $1 million club,
The post $8 Million: ‘Crypto Genius’ Reveals His Craziest Bitcoin Prediction Yet appeared first on CCN

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22:11 BitcoinMagazine.comOp Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?

These and many more such statements exist across the internet. All these statements are true. But, despite all the benefits that Bitcoin is expected to bring to African countries, adoption levels in Africa continue to be the lowest globally.
Which begs the question, “If Bitcoin is to help Africa catch up with the rest of the world, what is preventing Africans from adopting the cryptocurrency?”
Why Is Africa Lagging in Bitcoin Adoption? Africans are interested in bitcoin and other cryptocurrencies. Nigerians account for the highest number of searches for the keyword “Bitcoin.” However, this peak in interest does not appear to be translating to increased adoption rates.
Why is this?
One of the main factors limiting bitcoin adoption in Africa is the availability or lack of regulations. African governments either have introduced

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22:00 Yahoo.com BusinessBitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Bitcoin SV, Stellar, Cardano: Price Analysis May 31

Bitcoin has seen a massive run in 2019. When the price is appreciating so much, it is unlikely that many people would spend their Bitcoin. Research by Chainalysis suggests that only 1.3% of economic transactions for Bitcoin came from merchants in this year.

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21:48 Yahoo.com BusinessJapan Hardens Rules for Cryptocurrency Storage and Trading

The Japanese government is creating new – and potentially expensive – rules for all cryptocurrency companies.

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21:10 CoinDesk.comJapan Hardens Rules for Cryptocurrency Storage and Trading

The Japanese government is creating new – and potentially expensive – rules for all cryptocurrency companies.

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20:58 CryptoCoinsNews.comRival Bitcoin Copyright Claim Muddles Craig Wright’s Satoshi Gambit

By CCN: It seems Craig Wright has launched a trend of people laying claim to the copyrights on the Bitcoin whitepaper and early code. While anyone can do it, the works belong to Satoshi Nakamoto – whoever he, she, or they may be. Other than potentially being one way to prove one’s self as Satoshi in a court of law, the copyrights don’t provide much power. How Far Will Craig Wright Go to ‘Prove’ He Created Bitcoin? Bitcoin and other cryptocurrencies are mainly open source. Open source implies that a software license already governs the modification and distribution of the
The post Rival Bitcoin Copyright Claim Muddles Craig Wright’s Satoshi Gambit appeared first on CCN

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20:46 CryptoCoinsNews.comTim Draper Says Ethereum’s Issuance Rate of 2%-4% ETH Worries Him

By CCN: Billionaire venture capitalist Tim Draper is one of the biggest advocates of the cryptocurrency space. He is famous for his bullish $250,000 bitcoin price prediction, which would reflect a 5% market share around the world in the coming years. Draper supports competition in the space and in addition to bitcoin is also a fan of smart contract technology, other blockchains including Ethereum, artificial intelligence, and big data. But something he reportedly takes an issue with is Ethereum economics, particularly the issuance of between 2% and 4% of ETH supply each year. In an interview with Ethereum Classic Labs,
The post Tim Draper Says Ethereum’s Issuance Rate of 2%-4% ETH Worries Him appeared first on CCN

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20:46 CoinDesk.comBitcoin Shines Amid Wall Street Losses

Bitcoin decoupled from traditional markets in the month of May, rising more than $3,000.

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19:58 BitcoinMagazine.comAustralian Government Publishes Update on Cryptocurrency and ICO Rules

The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).
In this guideline, the financial regulator outlines requirements that need to be followed for cryptocurrency businesses to be compliant with the ASIC Act.
This update is noteworthy as the country continues to battle crypto scams, losing almost $4.3 million in 2018.
Going forward, companies issuing crypto assets deemed to be financial products will be required by law to procure an Australian Financial Services (AFS) license. On the flipside, for crypto assets which aren’t financial products, promoters must ensure that they don’t engage in any form of deceptive advertising.
According to the Corporations Act, an ICO could be a financial product if it's a

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19:10 Yahoo.com BusinessInsane 550% Gains Makes Binance Coin (BNB) 2019’s Most-Profitable Cryptocurrency

By CCN: Binance is one of the world’s largest cryptocurrency exchanges and also the scene of a $40 million bitcoin theft. But that has not deterred the firm’s native token, Binance Coin (BNB), from becoming the 2019’s best performing digital asset. The BNB-to-dollar exchange rate established its year-to-date (YTD) high at $38.646 as on May 26, 2019. That took its profits this year to about 550-percent, including an approx 116-percent rise in May alone. In comparison, Bitcoin, the leading cryptocurrency, recorded a dwarfed 145-percent YTD gain. In truth, every digital asset in the top-10 failed to come closer to Binance

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18:46 Yahoo.com BusinessBitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Or

The bitcoin (BTC) market is in a somewhat similar position. A considerable population of traditional finance folks, who can't wrap their heads around the need and use of bitcoin, are happy to point at inconsistencies in the market to back their "I told you so" declarations about how they believe bitcoin is a farce. In the case of bitcoin, the lag time is not only true for the press, but also for regulators and traditional finance professionals.

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18:46 Yahoo.com BusinessBitcoin Analyst Bets $250,000 BTC Plunges 75%: Here’s Why He’ll Lose

By CCN: Several months ago, Tone Vays, a polarizing figure in the crypto community, laid down the gauntlet on Twitter. Doubling down on his gloomy short-term bitcoin price forecast, Vays challenged his critics to take on a bet that’s worth $250,000. Analyst: Bitcoin Price Will Crash Below $2,000 The terms are simple: if the bitcoin price drops below $2,000 before the 2024 halving, Vays wins, and the loser sends him 100 BTC (worth $200,000 that day). On the other hand, if bitcoin does not fall below $2,000 in five years, Vays sends $250,000 or 1 bitcoin, whichever is worth more.

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18:45 CryptoCoinsNews.comInsane 550% Gains Makes Binance Coin (BNB) 2019’s Most-Profitable Cryptocurrency

By CCN: Binance is one of the world’s largest cryptocurrency exchanges and also the scene of a $40 million bitcoin theft. But that has not deterred the firm’s native token, Binance Coin (BNB), from becoming the 2019’s best performing digital asset. The BNB-to-dollar exchange rate established its year-to-date (YTD) high at $38.646 as on May 26, 2019. That took its profits this year to about 550-percent, including an approx 116-percent rise in May alone. In comparison, Bitcoin, the leading cryptocurrency, recorded a dwarfed 145-percent YTD gain. In truth, every digital asset in the top-10 failed to come closer to Binance
The post Insane 550% Gains Makes Binance Coin (BNB) 2019’s Most-Profitable Cryptocurrency appeared first on CCN

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18:33 CryptoCoinsNews.comBitcoin Analyst Bets $250,000 BTC Plunges 75%: Here’s Why He’ll Lose

By CCN: Several months ago, Tone Vays, a polarizing figure in the crypto community, laid down the gauntlet on Twitter. Doubling down on his gloomy short-term bitcoin price forecast, Vays challenged his critics to take on a bet that’s worth $250,000. Analyst: Bitcoin Price Will Crash Below $2,000 The terms are simple: if the bitcoin price drops below $2,000 before the 2024 halving, Vays wins, and the loser sends him 100 BTC (worth $200,000 that day). On the other hand, if bitcoin does not fall below $2,000 in five years, Vays sends $250,000 or 1 bitcoin, whichever is worth more.
The post Bitcoin Analyst Bets $250,000 BTC Plunges 75%: Here’s Why He’ll Lose appeared first on CCN

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18:22 Yahoo.com BusinessEY Open-Sources ‘Nightfall’ Code for Private Transactions on Ethereum

One of the world's largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain.

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17:33 CoinDesk.comEY Open-Sources ‘Nightfall’ Code for Private Transactions on Ethereum

One of the world's largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain.

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17:21 CryptoCoinsNews.comCoinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack

By CCN: Coinbase researchers have released their own investigative findings into the recent Bitcoin Cash 51% attack controversy, and their conclusions might upset many Bitcoin maximalists. When Bitcoin Cash came under attack during a scheduled hardfork in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. The Bitcoin Cash camp came under heavy fire for this move by BTC supporters. But Friday’s blog post by Coinbase suggests the global cryptocurrency platform ultimately saw good sense in the decision. Bitcoin Cash 51% Attack: Why It Matters The Bitcoin Cash upgrade was
The post Coinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack appeared first on CCN

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