Friday, January 24Your Daily Bitcoin & Altcoin News Portal

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Italian Winery Adopts Interactive Screw-Caps With Blockchain Verification

Italian Winery Adopts Interactive Screw-Caps With Blockchain Verification

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Please share if you find this article interesting. Italian Winery Adopts Interactive Screw-Caps With Blockchain Verification Piedmont winery, Vigneti Massa, is launching the 2018 vintage of its wines with near-field communication (NFC) and blockchain-enabled caps. As reported by The Drinks Business on Jan. 22, Vigneti Massa is the first winery in Europe, and the second globally, to adopt Guala Closures Nestgate technology. Guala developed the technology with Luxembourg-based software company, Compellio. By tapping an NFC-equipped smartphone against the bottle’s screw-cap, consumers can get information about the wine-growing region, the vineyard, and the vine that the wine came from. The platform also provides tasting notes and expert reviews. Additionally, the authenticity of the
What Is the Ideal Block Size and Fee Cost? – Bitcoin News

What Is the Ideal Block Size and Fee Cost? – Bitcoin News

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Please share if you find this article interesting. What Is the Ideal Block Size and Fee Cost? - Bitcoin News Many of the debates around block size in Bitcoin operate under the false premise that the question can even be properly answered by a central authority. But markets are better at deciding these questions and block sizes and fee costs should be worked out by miners and users, not development committees. Also read: How is Bitcoin Cash Different from Bitcoin Core? Price-fixing doesn’t work Dan Held writes in his latest Medium post: A decentralized economy complements the dispersed nature of information spread throughout society. Each company is an attempt to take the local knowledge that it has and create a good or service that ultimately is the correct capital allocation
US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year

US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year

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Please share if you find this article interesting. US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year The average budget deficit of the United States will “never” be less than $1 trillion per year in the future — or 4.5% of GDP, worrying data on the fiat economy shows.  Compiled by the U.S. Congressional Budget Office (CBO) and shared by crypto hedge fund manager Travis Kling on Jan. 21, statistics reveal that the annual deficit is set to hit $12.2 trillion for the entire 2020s. Deficit as GDP share up 55% in 50 years “Such deficits would be significantly larger than the 2.9 percent of GDP that deficits averaged over the past 50 years,” the CBO itself commented when it released the projections last September.  U.S. average budget deficit 1969-2029. Source: CBO $
Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020

Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020

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Please share if you find this article interesting. Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020 Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020. Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those firms to seek a public flotation: “In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re not going to be the last, but I expect us to be on the leading side… it’s a natural evolution for our company.” “Natural evolution” An IPO refers to the process of offering the shares of a private corporation to the public in
Ripple’s XRP Sales Saw a Historic Low in Fourth Quarter of 2019

Ripple’s XRP Sales Saw a Historic Low in Fourth Quarter of 2019

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Please share if you find this article interesting. Ripple’s XRP Sales Saw a Historic Low in Fourth Quarter of 2019 Ripple’s XRP sales continued to drop in the second half of 2019, with sales of the token reaching a historic low in Q4. According to a Jan. 22 blog post by Ripple — the firm behind the third largest crypto asset by market cap — total XRP sales in Q4 2019 accounted for $13.08 million, down more than 80% from the $66.24 million reported in Q3 2019. Ripple got rid of programmatic sales  The massive decline in XRP sales in 2019 does not appear to be unexpected though. Specifically, quarterly XRP sales were consecutively dropping in 2019 as Ripple initiated the pause of programmatic sales in mid-2019. Announcing the plans in June, Ripple was expecting that XRP sales would
Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support

Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support

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Please share if you find this article interesting. Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support After three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) at $8,200.  Earlier in the day John Bollinger, the creator of the popular Bollinger Bands indicator, tweeted that the recent pullback should not alarm investors. Bollinger said:  “This is a ‘logical place’ for $btcusd to find support, a pullback to a breakout level and the middle BB.”  Cryptocurrency market weekly overview. Source: Coin360 As mentioned in the previous analysis, many traders still anticipate that the price will drop to $8,200 where buyers looking to purc
Gift Bitcoin Cash for Chinese New Year With a Limited Edition Red Envelope Paper Wallet From Bitcoin.com – Bitcoin News

Gift Bitcoin Cash for Chinese New Year With a Limited Edition Red Envelope Paper Wallet From Bitcoin.com – Bitcoin News

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Please share if you find this article interesting. Gift Bitcoin Cash for Chinese New Year With a Limited Edition Red Envelope Paper Wallet From Bitcoin.com - Bitcoin News Giving red envelopes full of money to friends and family is a traditional way to celebrate the Lunar New Year in China and other Asian cultures. This year you can gift your loved ones bitcoin cash with a limited edition Red Envelope BCH paper wallet from Bitcoin.com. Also Read: Bitcoin Games Celebrates Lunar New Year 2020 With Introduction of Free Spins Say Happy Lunar New Year With Bitcoin Cash The Lunar New Year festivities will begin as a new moon appears on Saturday, 25th January 2020. To celebrate the holiday, Bitcoin.com has developed a limited-edition themed paper wallet for Asian BCH users to gift as a...
Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm

Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm

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Please share if you find this article interesting. Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point was driven home anew with the recent news that the Gemini crypto exchange has launched a captive insurance company, Nakamoto Ltd., to insure its Gemini Custody business for up to $200 million — reportedly the largest amount for any crypto custody service in the world.  This new insurer will help Gemini’s institutional clients to meet their regulatory requirements, Gemini’s head of risk, Yusuf Hussain, explained to Cointelegraph in a Jan. 16 story, and this “is consistent with Gemini’s approach of being a security-first, compliance-first,
Millennial and Male: 3 Crypto Card Issuers Profile Their Average User – Bitcoin News

Millennial and Male: 3 Crypto Card Issuers Profile Their Average User – Bitcoin News

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Please share if you find this article interesting. Millennial and Male: 3 Crypto Card Issuers Profile Their Average User - Bitcoin News Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a daily basis and what they like to buy. Also read: Crypto Debit Card Targets Generation Z With a Promise of Financial Freedom Highly Educated, Overachieving Foodies Three European companies with crypto card products shared what they know about their users with news.Bitcoin.com. Madrid-based fintech startup 2geth...
Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models – Bitcoin News

Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models – Bitcoin News

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Please share if you find this article interesting. Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models - Bitcoin News The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been accomplished with the Tether stablecoin USDT. Also Read: Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts Pornhub Turns to Tether as Payment Method Pornhub, part of the Canada, Montreal-headquartered online adult entertainment conglomerate Mindgeek, has announced that they have added three new payout methods for their mo...