Sunday, October 21Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Blockchain and Energy – Two Peas In a Pod

Blockchain and Energy – Two Peas In a Pod

BITCOIN
Please share if you find this article interesting. Blockchain and Energy - Two Peas In a Pod Blockchain technology is the underlying framework upon which most cryptocurrencies operate and it has become one of the most important technological advances in the 21st century. Simply put, a Blockchain is a secure system that stores information. This is typically done in individual blocks which are encrypted, together forming a chain of secure data. Bitcoin’s Blockchain pioneered the technology as a transactional system. Its Blockchain is an electronic accounting ledger, with each block holding a finite amount of transactions made with the cryptocurrency. It is completely decentralized, with transactions verified by a worldwide network of miners. Here is where the issue of energy enters
Stock Market Correction – Perspective For Crypto Market

Stock Market Correction – Perspective For Crypto Market

BITCOIN
Please share if you find this article interesting. Stock Market Correction - Perspective For Crypto Market It has been a sobering couple of days for the whole cryptocurrency market after the biggest sell off in recent memory. Bitcoin dipped below $7,000 for the first time since November marking a complete turnaround from the value that marked the start of a phenomenal bull run all the way up to $20,000. But after positive statements from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission Tuesday, the markets have had a complete turnaround. In the space of a week, the overall cryptocurrency market capitalization (according to Coinmarketcap data) had dropped to $276.8 bln, losing over $100 bln in value in that timeframe before seeing gains of o
CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report

CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report If bitcoin is in a bubble, it is one of the few in the history of finance – if not the first – that expanded with negligible use of credit. That's just one of the unique takeaways from CoinDesk's State of Blockchain 2018 report, the latest in the quarterly series setting out our in-depth research on the rapidly evolving world of cryptocurrencies and the technologies they've inspired. Released Wednesday, the report provides a 160-plus slide analysis of some of the data points propelling this story forward. The report covers public blockchains, DLT, consortium chains, initial coin offerings (ICOs), trading and investments, and regulation, and also features the results of
Ripple’s Global Financial Network Partners With China-Based Payment Provider

Ripple’s Global Financial Network Partners With China-Based Payment Provider

BITCOIN
Please share if you find this article interesting. Ripple’s Global Financial Network Partners With China-Based Payment Provider LianLian International, a China-based payment services provider, has partnered with RippleNet in order to offer faster and less expensive cross border transactions to their customers across the US, Europe, and China, according to a Feb. 7 announcement on Ripple’s blog. RippleNet is Ripple’s decentralized global network, made up of banks and other financial institutions, that handles the real-time confirmations of financial transactions. Brad Garlinghouse, CEO of Ripple, tweeted that Ripple “just opened the door to the largest e-commerce market in the world”: We just opened the door to the largest e-commerce market in the world for our #RippleNet partner
Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List

Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List

BITCOIN
Please share if you find this article interesting. Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6. The goal of publishing such a list, according to Forbes Editor Randall Lane, is to “[provide] a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as the favorite currency of drug dealers and into the adolescence of a legitimate asset class.” While compiling a list of the world’s traditional billionaires is a relatively straightforward task, calculating the exact amount of wealth of the world’s richest crypto tycoons is more difficult. Cryptocurrencies are by definition
What Reasons Are Left to Buy Bitcoin Today?

What Reasons Are Left to Buy Bitcoin Today?

BITCOIN
Please share if you find this article interesting. What Reasons Are Left to Buy Bitcoin Today? There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter. People thus flooded the market, entering for all the wrong reasons, really. However, this created a massive spike in interest and a massive spike in price. Things have changed somewhat now, with Bitcoin heading towards $6,000 rather than above $20,000, and this has caused a huge sell off as investors now flood out of the market. But what reasons remain today for people to buy Bitcoin? Get in for the right reasons The issue...
China Lines Up its KO Punch, Will it Work?

China Lines Up its KO Punch, Will it Work?

BITCOIN
Please share if you find this article interesting. China Lines Up its KO Punch, Will it Work? China has not had the steadiest relationship with Bitcoin. Once, it was the center of the cryptocurrency universe, until it got too big for its boots and starting drawing attention from the controlling government. The bans came, first for ICOs then for exchanges, yet, this only slowed rather than stopped the growth of Bitcoin in general, and cryptocurrencies as a whole, in the People’s Republic. The idea was to stamp out Bitcoin and its affiliates as the Chinese government took exception to this freedom of money and the movement of it over the borders. However, even though these bans were unprecedented and harsh, they never really laid the killing blow. Total Blackout The idea is now tha
Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank

Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank

BITCOIN
Please share if you find this article interesting. Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank The European Central Bank (ECB) has moderated its stance on cryptocurrency regulation Wednesday, Feb. 7, describing it as “not exactly very high on its to-do list” in a brief interview with CNBC. The ECB’s Chair of the Supervisory Board Daniele Nouy added that although she had “no clue” whether new regulatory moves on crypto would come from Europe in the future, involvement of ECB-regulated banks in the sphere was “very, very low”. “We scrutinize the issue in a regulatory perspective, we are ready to do something if it was needed, but so far it's not exactly very high on our to-do list,” she told the network. The comment come ahead of an increasingly-a
Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

BITCOIN
Please share if you find this article interesting. Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000 for the first time since November, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of all cryptocurrencies could reach $1 trillion and that BTC itself could hit $50,000 by the end of this year. Jamie Burke, CEO at Outlier Ventures, Europe’s first Blockchain-based incubator, told CNBC that the predicted bull run will be followed by a general settling down of the market: "We believe after February the market will likely go on a bull run comparative if not greater than last year
Startup Wants to Connect Thousands of 3D-printers in a Blockchain-based Network Hub

Startup Wants to Connect Thousands of 3D-printers in a Blockchain-based Network Hub

BITCOIN
Please share if you find this article interesting. Startup Wants to Connect Thousands of 3D-printers in a Blockchain-based Network Hub It might have started simple, printing small objects, but in the last couple of years, 3D printing technology has really outgrown itself. Now, it is both possible to 3D print tiny structures using living cells or print a whole house in 24 hours. The idea behind 3D manufacturing isn’t new, but 3D-TOKEN, a project of the Italian Politronica Srl startup wants to integrate it with Blockchain technology to create a ‘one of a kind’ glocal decentralized Just-In-Time Factory 4.0 matching the digital revolution of the 21st century. With steady growth, more than 278,000 desktops (under $5,000) 3D printers were available worldwide in 2015, according to the W