Monday, July 23Your Daily Bitcoin & Altcoin News Portal
Trezor Firmware Update Brings Shorter Addresses and Support for More Tokens – Bitcoin News

Trezor Firmware Update Brings Shorter Addresses and Support for More Tokens – Bitcoin News

BITCOIN
Please share if you find this article interesting. Trezor Firmware Update Brings Shorter Addresses and Support for More Tokens - Bitcoin News Reviews Popular cold storage wallet solution, Trezor, announced its latest firmware upgrade. Version 1.6.0 offers support for more tokens. It also implements support for segregated witness addresses, using Bech32 instead of the usual P2SH format, potentially saving block size on the Bitcoin network. As the first hard wallet to use Bech32, the company’s update might help in lowering bitcoin transaction costs along with freeing up mempool congestion especially if more wallets follow suit.      Also read: Only Big Broker Offering CME Bitcoin Futures Allows Whales to Short Trezor First Cold Storage Wallet to Embrace Bech32 “Long, at last,
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PR: Coinfi Announces ICO for Crypto Market Intelligence Platform – Bitcoin News

PR: Coinfi Announces ICO for Crypto Market Intelligence Platform – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: Coinfi Announces ICO for Crypto Market Intelligence Platform - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. HONG KONG/NEW YORK – CoinFi, the cryptocurrency market intelligence platform, today announced an initial coin offering (ICO) with a hard cap of $15 million to further expand its technology and hedge fund-caliber trading tools for real-time news, data, and analysis on the crypto markets. A portion of funds raised will also be used to compensate and l
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10 Bitcoin Apps That Everyone Should Have – Bitcoin News

10 Bitcoin Apps That Everyone Should Have – Bitcoin News

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Please share if you find this article interesting. 10 Bitcoin Apps That Everyone Should Have - Bitcoin News Featured Owning a smartphone, like owning bitcoin, is obligatory these days. All the cool kids are doing it, along with all the uncool kids who were hodling hard back when bitcoin was ripe for mockery. Not any more. Whether you’re a bitcoin veteran or are new enough to believe HODL means Hold On for Dear Life, you might find something interesting in this list of 10 great cryptocurrency apps. Also read: Getting Bitcoin on Grandma’s Android Phone: 3 Easy Steps Blockfolio The go-to portfolio checker for pretty much everyone, Blockfolio is clean and simple. You need to enter your cryptocurrency holdings manually, so it’s not great for day traders who are jumping from coin
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Up 50%: Ripple’s XRP Sets Price Record Amid Overstretched Rally

Up 50%: Ripple’s XRP Sets Price Record Amid Overstretched Rally

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Up 50%: Ripple's XRP Sets Price Record Amid Overstretched Rally Ripple's XRP cryptocurrency is scaling new heights today, but the rally looks overbought, according to price chart analysis. XRP was last seen trading at a record high of $0.70 on data source CoinMarketCap, and has gained over 50 percent in the last 24 hours. Further, its market capitalization has jumped to $23.63 billion, making it the fourth largest cryptocurrency globally. The token's six-month-long consolidation in the $0.15–$0.13 range ended with an upside break on Dec. 12 – seemingly due to increased demand for alternative cryptocurrencies as bitcoin passed over its recent record peak and started to appear overdone. Possibly boosting sentiment for the network w
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Despite Regulation, Russians Plan to Build Europe’s Largest Mining Farms – Bitcoin News

Despite Regulation, Russians Plan to Build Europe’s Largest Mining Farms – Bitcoin News

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Please share if you find this article interesting. Despite Regulation, Russians Plan to Build Europe's Largest Mining Farms - Bitcoin News Featured Undeterred by upcoming federal restrictions on Bitcoin, regional authorities in Moscow have announced intentions to attract European mining companies and investors. Cheap electricity and developed infrastructure will provide the incentives and more than 150 mining farms in the metro area are taking advantage of them already. A Russian company plans to set up one of the largest mining facilities in Europe and is now offering a token to finance the project. Also read: Hong Kong Company Set to Build Crypto Mining Farm and Museum on Russian Island Russia’s Trump Card – Cheap Energy “Electricity is cheaper here. European miners are re
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Ethereum Analysis December 15, 2017

Ethereum Analysis December 15, 2017

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Analysis December 15, 2017 ETH/USD Ethereum fell later in the day on Thursday, reaching down towards the $670 level. I think that the market looks likely to try and find support near the $650 level, and if it cannot find it there, we will see support at the $600 level. Be patient, and add to a position very slowly. ETH/BTC The 0.04 level has offered support in the ETH/BTC pair, but I think we may have a little bit more softness ahead of us. I think you can start to look at the BTC/USD pair for guidance, but quite frankly crypto currencies in general are softening a bit over the last couple of days, so you may want to avoid this pair as it tends to be a bit exaggerated with its moves at times. [embedded content] ...
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DASH and Litecoin Analysis December 15, 2017

DASH and Litecoin Analysis December 15, 2017

PRICE ANALYSIS
Please share if you find this article interesting. DASH and Litecoin Analysis December 15, 2017 DASH/USD DASH continues to be very volatile, as we have recently broken above the vital $800 level. As we pull back, I believe we are trying to form a bit of an uptrend in channel, eventually building up enough momentum to break above the vital $1000 level. Look for $800 to offer support. LTC/USD Litecoin has pulled back rather significantly, and quite frankly it has been overdone. However, on the hourly chart it looks as if we are starting to cross over in the oversold area, so we may see a bit of buying relatively soon. I believe that the $250 level is very interesting for a value proposition. [embedded content] Thanks for watching, I’ll see you tomorrow. Go to Source
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Israeli PM: Bitcoin Could Replace Banks

Israeli PM: Bitcoin Could Replace Banks

BITCOIN
Please share if you find this article interesting. Israeli PM: Bitcoin Could Replace Banks In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain technology and on Bitcoin’s continuous, notable growth this year. In the video, Netanyahu stated confidently that banks will eventually become outmoded and be replaced, though when and by what exactly remains to be seen: “Is the fate of banks that they will eventually disappear? Yes. The answer is yes. Does it need to happen tomorrow? And do we need to do it through Bitcoin? That’s a question mark.” The head of the Israeli state also spoke ab
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After Segwit2x Failed Jeff Garzik Reveals “United Bitcoin” – Bitcoin News

After Segwit2x Failed Jeff Garzik Reveals “United Bitcoin” – Bitcoin News

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Please share if you find this article interesting. After Segwit2x Failed Jeff Garzik Reveals “United Bitcoin” - Bitcoin News Altcoins A new bitcoin fork called United Bitcoin has been announced by a few prominent cryptocurrency luminaries that aims to improve the mechanics of the original bitcoin software. United Bitcoin was forked on December 12, 2017 at block height 498777 and the creators claim it will feature an 8MB block size, Lightning Network support, Segregated Witness, and the ability to process smart contracts. Also read: Howard Stern and Saturday Night Live Reference Bitcoin as Popularity Grows United Bitcoin: A Fork of a Different Color Plans to Find a Purpose for Lost and Inactive Wallets The ‘forking fever’ has been contagious these days as there seems to be a
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It’s Time for Governments to Embrace Blockchain

It’s Time for Governments to Embrace Blockchain

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. It's Time for Governments to Embrace Blockchain 3Marie Wieck is general manager at IBM Blockchain, where she focuses on driving ecosystem growth around the Hyperledger Project and delivering enterprise blockchain solutions. This article is an exclusive contribution to CoinDesk's 2017 in Review opinion series. Governments are custodians of their citizens' most precious information – their Social Security numbers, their tax information, their votes, their identities. Now, a new technology is emerging that supports open government initiatives focused on unleashing innovation in the public sector. Using blockchain, governments can address the dual challenges of trust and transparency, and the need for data protection and privacy. C