Saturday, January 19Your Daily Bitcoin & Altcoin News Portal
Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance – Bitcoin News

Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance – Bitcoin News

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Please share if you find this article interesting. Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance - Bitcoin News Market Updates Digital currency markets have seen some gains during the early morning trading sessions on Saturday. Since our last markets update, the entire cryptocurrency economy has gained $4 billion and a slew of the top digital assets are up between 2-6% over the last 24 hours. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy Top Markets Gain More Than 5% in Minutes For at least a week, most cryptocurrencies have been consolidating in value and shown very little signs of volatility. On Friday, Jan. 18, prices kicked up a notch as cryptocurrency bulls attempted to break resistance levels throughout mo
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The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue – Bitcoin News

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue – Bitcoin News

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Please share if you find this article interesting. The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue - Bitcoin News The Daily In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople before the rescheduled hard fork. Also read: Shapeshift Shares Compliance Requests, Grin Woos Bitcoin Maximalists Sapphire to Offer Video Card Designed to Mine Grin Hardware manufacturer Sapphire Technology has developed an exclusive version of its Radeon...
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Eastern European P2P Markets See Strongest Volume in Over 12 Months

Eastern European P2P Markets See Strongest Volume in Over 12 Months

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Please share if you find this article interesting. Eastern European P2P Markets See Strongest Volume in Over 12 Months Markets and Prices Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Russian P2P Markets Post Strongest Trade in 19 Months During the week of Dec. 29, 2018, approximately 4,565 BTC worth of trade occurred between bitcoin core and the Russian ruble (RUB) on Localbitcoins. This comprises the strongest seven days of trade activity since the week of May 6, 2017. When measured in fiat currency,
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Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation – Bitcoin News

Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation – Bitcoin News

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Please share if you find this article interesting. Chatter Report: Luke Says Segwit Harmful to BTC, Baker Explains Stablecoin Regulation - Bitcoin News News In today’s roundup of crypto chatter, Luke Dash Jr. voices concerns that segwit is bad for BTC because it leads to centralization. Also, Brad Mills shares his insight after using Cointext. Lastly, Lawson Baker, Blake Moore and Andreas Brekken discuss how regulation affects stablecoins. Also read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Luke Dash Jr. Reminds Users Not to Use Segwit Bitcoin Core developer Luke Dash Jr. took to Twitter recently to remind users not to use segwit for non-lightning wallets. Luke argued that segwit adds to the growing centralization of BTC because it enables
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Report: Bitcoin Use on Darknet Markets Doubled in 2018 – Bitcoin News

Report: Bitcoin Use on Darknet Markets Doubled in 2018 – Bitcoin News

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Please share if you find this article interesting. Report: Bitcoin Use on Darknet Markets Doubled in 2018 - Bitcoin News News Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also read: Dropgangs and Dead Drops: Report Highlights Evolving Darknet Market Opsec DNM Activity Rose Through 2018 A study released by data firm Chainalysis has revealed that bitcoin transactions on the darknet rose throughout 2018 to around $2 million daily, which is nearly double the activity measured at the start of the year, Reuters reports
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Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 – Bitcoin News

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 – Bitcoin News

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Please share if you find this article interesting. Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 - Bitcoin News News 2018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare and alternative research from other sources, media crypto narratives have evolved rapidly. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy The Top 5 Crypto Blogs According to Algorithmically Ranked Data Bitcoin, blockchain, and cryptocurrencies still made headlines in 2018 within the financial technology space. Last year, coverag
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Crypto Cards Are Legal in Russia, According to the Finance Ministry – Bitcoin News

Crypto Cards Are Legal in Russia, According to the Finance Ministry – Bitcoin News

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Please share if you find this article interesting. Crypto Cards Are Legal in Russia, According to the Finance Ministry - Bitcoin News Economy & Regulation Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.   Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Buying Coffee With Crypto Card Is Not Against the Law Alexei Moiseev The Russian Ministry of Finance receives a lot of queries about digital coins and their uses, Moiseev admitted during the Gaidar economic forum, an annual event that brings together politicians, academics and businessmen
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Demystifying Bitcoin Futures Trading – Bitcoin News

Demystifying Bitcoin Futures Trading – Bitcoin News

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Please share if you find this article interesting. Demystifying Bitcoin Futures Trading - Bitcoin News Markets and Prices Bitcoin is still a young and inefficient market, as evidenced by its many peculiarities. For example, contracts for bitcoin futures on the Chicago Board Options Exchange (CBOE) have been trading in backwardation, which means contracts with a later expiration are trading consecutively lower. This is not a bearish indicator for prices, however, analysts explain. Also Read: How Have Bitcoin Futures Performed One Year On? BTC Futures in Backwardation When CBOE launched CBOE BTC (XBT) futures on Dec. 17, 2017, many investors were excited believing this launch validated Bitcoin as an asset class. In early 2018, the bitcoin futures curve started out in contango,
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Openbazaar’s New Social Media Platform Aims to Foster Privacy – Bitcoin News

Openbazaar’s New Social Media Platform Aims to Foster Privacy – Bitcoin News

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Please share if you find this article interesting. Openbazaar's New Social Media Platform Aims to Foster Privacy - Bitcoin News News On Thursday, during the first day of the North American Bitcoin Conference (TNABC), Openbazaar founder and CEO Brian Hoffman announced a new service called Haven Privacy. The product is a multi-faceted application for Openbazaar’s mobile and full node clients allowing users to chat, shop, and send cryptocurrencies in a private fashion. Also read: Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy Openbazaar Plans to Launch Privacy-Centric Social Media App Decentralized ecommerce marketplace Openbazaar has announced a new feature called Haven Privacy, an application that will be implemented into the company’s fla
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Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy – Bitcoin News

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy – Bitcoin News

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Please share if you find this article interesting. Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy - Bitcoin News Op-Ed A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education. Also read: South Africa Wants to Mandate Registration of Crypto Service Providers Miscalculating Government Paralyzes Country’s Business Operations Mobile networks and internet service providers suspended web services on Jan. 15 under an order by the Minister of State in the President’s Office for National Security. The idea was to prevent social media platforms like Whatsapp, Twitter