Saturday, June 6Your Daily Bitcoin & Altcoin News Portal
Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution On Medium

Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution On Medium

BITCOIN
Please share if you find this article interesting. Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution On Medium As the world awaits Ethereum (ETH) 2.0 staking implementation, someone operating under the pseudonym "heyheeyheeey" posted a Medium article with a solution based on the protocol.   The concept is a "design for an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or skills can join from the beginning," the author wrote on June 2. Argent is a crypto wallet solution with elements of decentralized finance, or DeFi compatibility.  ETH 2.0 is on its way  A big topic of discussion in 2020 so far, Ethereum 2.0 is essentially an upgrade to the Ethereum network, aimed at scalability. The upgrade brings in Proo
The Escobars Believe They’ve Found the Real Satoshi

The Escobars Believe They’ve Found the Real Satoshi

BITCOIN
Please share if you find this article interesting. The Escobars Believe They’ve Found the Real Satoshi A new theory regarding the true identity of anonymous Bitcoin creator Satoshi Nakamoto has emerged from an extremely unlikely source. Enter the Escobar family and their story about Yasutaka Nakamoto. The story goes like this: Yasutaka Nakamoto was a high-ranking engineer for Pacific West Airlines who worked for Colombian drug lord Pablo Escobar, smuggling drugs into the US from South America. Yasutaka disappeared completely from public view in 1992 after surviving an assassination attempt by his former employer. He then resurfaced years later to create and launch Bitcoin. He is also supposedly the brother of Dorian Satoshi Nakamoto. At least that’s the story told to Cointelegrap
Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?

BITCOIN
Please share if you find this article interesting. Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted? The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias. Is such a bias shift warranted in the current structure of the market? Altcoins have been continuing their upwards momentum since the drop with some demonstrating significant rallies. Crypto market daily performance. Source: Coin360 Bitcoin shows a harsh rejection at $10,000 BTC/USD 1-day chart. Source: TradingView The daily chart of Bitcoin is showing a harsh rejection of the $10,000 barrier. Thi
$90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000

$90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000

BITCOIN
Please share if you find this article interesting. $90M Daily? What Would It Mean to Sustain Bitcoin Price at $100,000 Industry executives and famed technical analysts including Morgan Creek CEO Mark Yusko and trader Peter Brandt predict Bitcoin (BTC) to reach $100,000 in the long-term. For that to happen, the top cryptocurrency needs to see consistent accumulation. According to options trader Theta Seek, for the price of Bitcoin to remain stable at that price point, investors need to invest $90 million in BTC every day. Is $90 million inflow into Bitcoin on a daily basis realistic? The $90 million figure is derived from the total amount of BTC that miners can mine per day. After the 2020 halving, miners can generate up to 900 BTC every day. If the price of Bitcoin reaches $100,0...
Bonus Army, Occupiers, 2020 Uprising: Bitcoin’s Peaceful Protest Is Pure Civil Disobedience | Op-Ed Bitcoin News

Bonus Army, Occupiers, 2020 Uprising: Bitcoin’s Peaceful Protest Is Pure Civil Disobedience | Op-Ed Bitcoin News

BITCOIN
Please share if you find this article interesting. Bonus Army, Occupiers, 2020 Uprising: Bitcoin's Peaceful Protest Is Pure Civil Disobedience | Op-Ed Bitcoin News For twelve days straight, American citizens and a number of countries around the world have been protesting the oligarchs and police brutality. The restlessness from the uprising has slowed down some, but continues in various cities across the nation. On June 3, 2020, a reporter from Los Angeles talked to a man about the protests and he said the powers that be are not listening to people, and the best form of protest is to purchase bitcoin. Henry David Thoreau: ‘That Government Is Best Which Governs Least’ The United States is suffering and what it’s like in 2020, is a far cry from the country’s initial days in 1
$1M Bitcoin Will Force JPMorgan to Wyoming for Safety — Caitlin Long

$1M Bitcoin Will Force JPMorgan to Wyoming for Safety — Caitlin Long

BITCOIN
Please share if you find this article interesting. $1M Bitcoin Will Force JPMorgan to Wyoming for Safety — Caitlin Long JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one of the United States’ most successful legislators has warned. Speaking on financial news show the Keiser Report on June 6, Caitlin Long argued that Wyoming was now far ahead of New York on Bitcoin support. Long: $1M BTC will spark lawsuits In the future, she told host Max Keiser, Bitcoin may cost $1 million, which will bring new forms of legal problems for owners and financial institutions. “There are people now finally starting to put leads on Bitcoin because Bitcoin is being lent out and that’s what lenders do — they put leads on collateral,” she said. “We’re skati
Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act

Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act

BITCOIN
Please share if you find this article interesting. Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded its cryptocurrency services through the introduction of crypto custody and trading. The private bank first announced its crypto initiatives in 2019 by extending business account services to blockchain companies. Thanks to regulatory approval from the Swiss Financial Market Supervisory Authority, Maerki Baumann will initially offer trading and custody services on five major cryptos including Bitcoin, Ether, XRP, Bitcoin Cash and Li
Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency | Press release Bitcoin News

Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency | Press release Bitcoin News

BITCOIN
Please share if you find this article interesting. Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency | Press release Bitcoin News Instantly add cash to your Crypto Dispensers account with Green Dot @ the Register Chicago, IL – Virtual Assets, LLC is pleased to announce that it has entered into an agreement with Green Dot Corporation (NYSE:GDOT) to enable customers to purchase cryptocurrency with cash. This new service leverages Green Dot’s mobile and web-enabled barcode generation system and thousands of Green Dot retail locations to provide a new cash-loading option for purchasing major cryptocurrencies. Through this integration, users will now be able to securely and conveniently add cash to their Crypto Dispensers accounts at thousands
A Digital Art Project Might Have an Answer to the Woes of Staking Centralization

A Digital Art Project Might Have an Answer to the Woes of Staking Centralization

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. A Digital Art Project Might Have an Answer to the Woes of Staking Centralization What if better behavior on blockchains could be encouraged with fun rather than value? Josh Lee and Tony Yun of Chainapsis built a staking demo at the Cross-Chain Hackathon to increase network participation – essentially by distributing digital crayons. Lee and Yun created AstroCanvas, a game that gave stakers the ability to draw tiny amounts on one large digital canvas. Stakers could receive different colors to use on the canvas if they spread their stakes across staking pools of different sizes. “When you have a very little amount of entities controlling such a big amount of stake, it fundamentally reduces the robustness of a network,” Lee told
Years-Old Cybersecurity Vulnerably Exposed in Blockfolio

Years-Old Cybersecurity Vulnerably Exposed in Blockfolio

BITCOIN
Please share if you find this article interesting. Years-Old Cybersecurity Vulnerably Exposed in Blockfolio As of April 22, there are approximately 5,400 cryptocurrencies being traded with a market value of $201 billion United States dollars. The 24-hour daily trading volume has recently been hovering around $100 billion, a key indicator of the sector’s ongoing growth and active investor participation. It is a well-known fact that cryptocurrencies are among the most fickle assets available, making it virtually impossible to monitor their fluctuations on a continuous basis. Fortunately, we have seen a number of cryptocurrency portfolio trackers being developed and accepted into the market since 2017. Cryptocurrency portfolios represent any set of investments held by traders across