Daily Bitcoin News' Daily Cryptonews Picks : January 3, 2018
Welcome to Daily Bitcoin News' Daily picks of cryptonews we've featured today, January 3, 2018.
Below are featured news articles (linked) that we've posted on our website. Clicking on the link will take you to read the rest of the article.
Aside from featured articles we have on the front page a news aggregate that updates once an hour. This feature is available 24/7.
Today's featured news:
Bitcoin Price Rallies from $12,000 to $15,000 After Pullback
While mainstream media has gone back to its normally slightly bearish news cycle on cryptocurrency, bitcoin has held steady, after losing ground from its all-time high of $19,666.
December was an eventful month for bitcoin, with investors for the first time being able to access bitcoin indirectly through futures and options made available through CME and CBOE.
New Opera Browser Setting Blocks Unauthorized Cryptocurrency Mining
Cryptocurrency mining on a standard computer generates a return so low that it often isn’t worth the electricity that it consumes. But this is not a problem if you have hundreds, if not thousands, of computers mining.
Ethereum Foundation to Offer Millions in Grants for Scalability Solutions
The Ethereum Foundation will offer grants to qualified teams interested in developing blockchain scalability solutions, Vitalik Buterin, co-founder of Ethereum, announced in a recent blog post. This will become a specialized program alongside a more general grant program the Ethereum Foundation will soon release. Subsidy amounts of $50,000 to $1 million will be available, with possibly more for successful projects.
“Bitcoin is Un-Islamic”, says Egypt’s Grand Mufti as He Welcomes Ban
Egypt's Grand Mufti has issued a fatwa saying that Bitcoin's use is prohibited according to Islamic principles because it isn't managed by competent authorities.
LocalBitcoins Implements SegWit, Expects 50% Fee Cut
Finland-based peer-to-peer bitcoin exchange LocalBitcoins has announced its wallets are now segregated witness (SegWit) compatible. The popular buying and selling platform joins the likes of Bitwala and Wikileaks, who undertook similar steps in December 2017.
Chinese Central Bank Pushing to Curb Bitcoin Mining
The authorities are planning to limit the mining business by restricting the electricity usage of miners.
After successfully banning ICOs and then all cryptocurrency exchanges within the country’s borders, the eyes of the Chinese authorities are now on the Bitcoin mining industry.
Bitcoin Fees Are Falling Amidst Greater Segwit Adoption
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption.
Monero Hardware Wallet Prototype Release Date Announced at 34c3 Congress
After earlier attempts to integrate with Trezor and Ledger Nano, Monero may finally find a hardware home. The privacy-centric crypto team set in motion the development back in August 2017 after raising 996 XMR and have finally released more information at the 34c3 Congress, which commenced December 27-30, 2017.
ICOs, Crypto Contracts, Identity Theft Are Top Emerging Investor Threats For 2018
Pennsylvania’s Secretary of Banking and Securities Robin L. Wiessmann released a list of emerging threats facing investors in 2018.
Crypto Boom Fuels New Australian Exchanges
Australia is a crypto-friendly region, with new exchanges coming on board soon.
The Altcoin Rally: What Happens This Time?
The altcoin rally in July unraveled and brought many digital assets to new lows. Will this time be different?
$180,000 Salaries: Blockchain Developers in High Demand in Switzerland
Blockchain developers in Switzerland are in high demand, with many on salaries amounting to as much as $180,000 a year.
It seems that having the necessary skills in the technology is where the money is at. So much so, that according to Thomas Bertani, the CEO of Swiss-based Eidoo, developers can demand as much as $10,000 to $15,000 a month in the country, amounting to $120,000 and $180,000 a year, reports the Business Insider.
Date Fixed for South Korea’s Ban on Anonymous Cryptocurrency Trade
Local South Korean media reports that the ban on anonymous crypto trading will be put into effect in mid-to-late January.
Malaysia Will Not Ban Bitcoin Trading, Confirms Finance Minister
Malaysia will not enforce a blanket ban on the trading of cryptocurrencies like bitcoin, the country’s second finance minister revealed.
Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot
Investor Peter Thiel has reportedly made an all-in, rather giant, bet on bitcoin. Mainstream financial press is reporting his venture capital fund purchased and held the digital asset through last year’s thousand percent-plus gains, making the decentralized currency one of his firm’s most valuable investments.
Cats Went Crypto First, Now It's Time for Consumers
I admittedly wasn't investing in any cryptocurrency in the early 2010s.
By this time last year, I was reading CoinDesk's 2016 Year in Review, just starting to fully grasp what the power of distributed ledgers and decentralized networks could mean for our future and our society. And despite all that, I am now standing alongside a team who are pioneering entrepreneurship and innovation in the blockchain space.
Thanks a bunch for reading today's picks and clicking the links.
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