Cryptocurrency Highlights, News, Use Cases And Other Reckonings : #164 (2018-12-06)

in #cryptocurrency5 years ago

Bitcoin is 43% More Profitable to Mine Than Craig Wright’s ‘Miner-Friendly’ BCH Fork: Josiah Wilmoth


When Craig Wright formed an alliance with CoinGeek founder Calvin Ayre to launch a hostile takeover of the Bitcoin Cash (BCH) network, the two men predicted that their BCH implementation — Bitcoin SV (BSV) — would quickly accrue near universal support among m…

Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst: Benjamin Pirus


On the back of a grueling quarter, the bitcoin price could still see tougher times ahead. One analyst over at Bloomberg sees the flagship cryptocurrency possibly heading toward $1,500. Indeed, bitcoin had a dismal November, as part of a difficult year overall…

MIT: Crypto Pump-and-Dumps See $7 Million in Volume Every Day: Joseph Young


According to the Massachusetts Institute of Technology (MIT) Technology Review, two researchers at the prestigious Imperial College London have utilized artificial intelligence (AI) and machine learning to analyze hundreds of crypto pump-and-dump schemes to f…

State #29: Robinhood Brings Zero-Fee Crypto Trading to Illinois: Mark Emem


Residents of the 6th most populous U.S. state, Illinois, can now access the cryptocurrency trading services of Robinhood. In a tweeted statement, the trading app disclosed that Robinhood Crypto was now available in the prairie state, making it the 29th state …

First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018: Josiah Wilmoth


Ten years ago, consumer electronics manufacturer HTC made history when it released the HTC Dream, the first commercial device to utilize the Android operating system. A few months later, another monumental event took place, when Bitcoin creator Satoshi Nakamo…

Bitcoin Price Looking to Retest Yearly Low at $3,455 as Bears Gain Foothold: Yashu Gola


The bitcoin price on Wednesday plunged as much as 4.3 percent as the market continued to erase gains made during the weekend trading session. The BTC/USD index on Coinbase today established an intraday low at 3663-fiat after the 50-period moving average on th…

Ripple: R3 Corda’s New Settlement Layer Now Supports XRP: P. H. Madore


R3, the distributed ledger development company which introduced its first enterprise/open source product, Corda, in 2016, has released a new element of that software suite. A “universal settler” called Corda Settler, a “Cordapp” or Corda application, that aim…

World’s Largest Financial Institutions are Still Placing Big Bets on Crypto: Joseph Young


Sequoia, Baidu, Nasdaq, and Fidelity are amongst some of the largest VCs, technology conglomerates, and financial institutions to make big bets on crypto in the past week. Despite the bear market which has led major cryptocurrencies to lose about 80 to 90 per…

Crypto Downturn Claims Another Victim: Ethereum Classic Dev. Team ETCDEV Shuts Down: Samantha Chang


The crypto industry has the urge to purge amid the prolonged bear market. The latest victim is ETCDEV, a major Ethereum Classic development team that launched in 2016. Igor Artamonov, the founder and chief technology officer of ETCDEV, announced that the grou…

Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High: Josiah Wilmoth


Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end pri…

Ripple, NEM and others Launch EU Blockchain Association: Jimmy Aki


Ripple and three other blockchain based companies have formed a lobbying association that would represent their interest in Europe, according to their press release. Dubbed ‘Blockchain for Europe,’ the lobbying group would aim to create a credible and unified…

7 Major EU Countries to Go Big on Blockchain: What It Means for Crypto: Joseph Young


On December 4, seven EU countries led by Malta and France have established a group called the “Mediterranean seven” to encourage and promote the usage of blockchain technology. In the months to come, the seven countries that include France, Italy, Spain, Malt…

Binance Coin (BNB) Grows 8.5% after Decentralized Exchange Demo Video Release: Yashu Gola


Binance Coin on Wednesday surged as high as 8.5 percent against the US Dollar after the company released a demo video of its decentralized exchange. The BNB/USD is now trading at 6.33-fiat, down 1.89% from its intraday high at 6.45-fiat. The pair is moving in…

Roger Ver Remains Positive on his Cryptocurrency Outlook: Jimmy Aki


The market is still in the red and it seems it would be staying that way for a while. With the latest “fall” in the crypto market, skeptics have been speculating on whether Bitcoin and its compatriots could mount a quick comeback and shake off this bearish ru…

Vertcoin Hit by 51% Attack, Allegedly Lost $100,000 in Double Spending: Yashu Gola


A bitcoin-replica launched with an aim to discourage miners from forming pools and gain a monopoly over its network has been compromised. Mark Nesbitt, a security expert, revealed that the blockchain of Vertcoin, a peer-to-peer PoW cryptocurrency, is under a …

Bettium Going Live on BTCEXA Exchange: Press Release


This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to c…

EOS Gambling dApp Receives Gaming License in Curaçao: David Hundeyin


EOS Gambling dApp EOSBet has announced that Curacao’s online gambling industry regulator Curaçao eGaming has granted it a gaming license. In an announcement posted on its official blog, EOSBet revealed that the accreditation will enable it to offer all existi…

Crypto Market Rebounds But No Major Recovery in Sight: Factors and Trends: Joseph Young


Throughout the past 24 hours, the crypto market has slightly rebounded by around $3 billion, from $123 billion to $125 billion. Bitcoin (BTC) has avoided a potential decline to the low region of $3,600, as it stabilized at around $3,850. It reached its daily …

Uncle Sam Wants to Snoop on Your Monero Transactions: David Hundeyin


The United States Department of Homeland Security has announced its intention to develop a monitoring framework to effectively track Zcash and Monero transactions through enhanced forensic analytics capabilities. In a newly released document, the DHS reveals …

Bitcoin ‘Nuclear Winter’ Doesn’t Scare Billionaire Crypto Bull Jim Breyer: David Hundeyin


Billionaire investor and venture capitalist Jim Breyer stated that despite a prolonged crypto “nuclear winter,” he still believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements. Speaking …

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