Co-founder Jeff Garzik says the insistence on one currency to one blockchain introduces unnecessary risk for token holders.
CoinDesk
Bridging the Gap Between Bitcoin and Global Regulators
We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin’ichirio Matsuo.
CoinDesk
Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year
With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $ 4,000 and $ 6,000 for a few more months.
Bitcoin, the largest cryptocurrency by market capitalization, soared 20 percent to break $ 5,000 for the first time since November on April 2, 2019. The rise also marked its best one-day gain since April 2018. Bitcoin is trading at $ 5,252 as of press time, up 1.77 percent over the past 24 hours, according to data from CoinMarketCap.
Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet
The Bitcoin.com Wallet is a simple cryptocurrency light client that supports bitcoin cash (BCH) and bitcoin core (BTC). Since the initial release of the software, there have been 3.7 million noncustodial wallets created and climbing. Now, the latest version of the Bitcoin.com Wallet not only allows users to manage digital assets, but also provides the ability to switch between the BTC and BCH.
Also read: This Version of Lode Runner Is Fueled by BCH-Powered SLP Tokens
What’s The Difference Between Trump’s Immigration Compromise And a Communist Police State?
Donald Trump’s big announcement Saturday wouldn’t be the first time the word “compromise” was used as a euphemism for the government. Stealing even more of your money to pay for both big corporate political parties’ wish lists and all their friends and corporate sponsors. The big compromise is: Donald Trump gets to spend five billion
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Sideshift App Demonstrates a Trade Between Lightning Network BTC and Tether
Back in October news.Bitcoin.com reported on the influx of development tied to Drivechain, a project initiated by software developer Paul Sztorc. At the time we also covered the project’s extension applications coded by the programmer Andreas Brekken. One of those applications Brekken conceived allowed any Drivenet coins to be swapped between any blockchain protocol. On Friday, an application called Sideshift.ai was used to demonstrate a bitcoin core (BTC) to tether (USDT) swap using the Lightning Network.
Also Read: A Look at Some of the ‘Next Generation’ Bitcoin Mining Rigs Available Today
Tensions Emerge Between Hyperledger Blockchain’s Biggest Supporters
More than a potential competition between blockchain platforms, tensions between IBM and Intel point to bigger questions around governance.
CoinDesk
Syncing Data Between Bitcoin Nodes Is About to Get Easier
Minisketch is a new solution that’s trying to solve an old problem.
Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node.
“Set reconciliation, in short, is the problem of trying to figure out what the differences are between two sets stored on different computers, while minimizing how much data needs to be exchanged between them. In particular, it’s trying to do so while sending less data than the entire set of data,” Wuille told Bitcoin Magazine
Tom Lee: Bitcoin’s (BTC) Fair Value Is Between $13,800 and $14,800
Tom Lee, the co-founder of market strategy firm Fundstrat Global and serial CNBC contributor, believes that the fair value of Bitcoin (BTC) is between $ 13,800 and $ 14,800, or roughly 4.2x higher than its current value. As detailed in a recent report by Bloomberg, Lee published a letter to investors on Thursday stating that the number of active wallet addresses, […]
SludgeFeed
The Difference Between Custodial and Noncustodial Cryptocurrency Services
Since the Bitcoin Cash (BCH) fork occurred recently, it’s a good time to discuss the difference between custodial and noncustodial cryptocurrency services. Newcomers to the digital asset economy often get confused when they hear about a blockchain split and may wonder how they should handle the outcome. Individuals should note that the best solution depends greatly on how they prefer to store their cryptocurrencies – in a custodial or noncustodial wallet.
Also read: Follow This Branch: A Guide to Splitting BCH and BSV
Bancor’s Cross-Chain DEX Between Ethereum and EOS is Now Live
Bancor, a popular decentralized exchange (DEX) protocol on the Ethereum blockchain announced in September that they’d build a bridge to the EOS network. The new platform, called BancorX, is now live. BancorX enables token conversions between 110+ Ethereum and EOS-based assets. Projects launching on the platform include Everipedia, eosBLACK, BetDice, MEET.ONE, KARMA, Prochain, and Chaince.
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Bitcoin (BTC) Fractal Analysis Shows Striking Similarities Between 2014 And 2018
Bitcoin (BTC) has entered a consolidation phase. The price has been trading in very narrow range for the past few weeks. However, this is not happening for the first time. As explained in our previous analyses, we believe that Bitcoin (BTC) completed one full cycle between 2014 and 2018. The next cycle is expected to last half the duration of the previous cycle i.e. a total of two years from 2018 to 2020. Some might readily agree with this considering BTC/USD just completed its recent correction in half the duration of its previous correction. However, others may disagree with this view which is why we will highlight the similarities between 2014 and 2018 with the help of fractal analysis.
Strong Correlation Between Bitcoin (BTC) And The S&P 500
Bitcoin (BTC) and the S&P 500 have been known to exhibit strong correlation in the past. However, this correlation is even more pronounced at critical points. For instance, when the S&P 500 started to rally back in late 2016, BTC/USD started to rally in early 2017. Similarly, when Bitcoin (BTC) topped out in late 2017, the S&P 500 topped out as well. Unlike BTC/USD, the SPX500 did not go through a very long correction. However, the correction was as intense in terms of magnitude. Both the S&P 500 and Bitcoin (BTC) are now at a long term trend line and are expected to rise from current levels. The S&P 500 is bounced off its long term trend line. Bitcoin (BTC) has done the same, and just like the S&P 500, it is likely to close the week in green.
New Protocol ‘Teleports’ Tokens Between the Ethereum and EOS Blockchains
shEOS, a block producer for the EOS (EOS) network, recently unveiled the EOS21 protocol, which will enable seamless cross-chain token movement from Ethereum (ETH) to EOS. Announcing the #EOS21 Protocol: Teleport Your ERC20 Tokens to #EOS. A step toward #blockchain interoperability. https://t.co/DLpo1dbg4l @EOS_io @ethereum #developers #dapp #blockproducer #womeninblockchain — shEOS (sheos21sheos) (@sheos_org) October 11, 2018 According […]
SludgeFeed
Cross Chain Transactions Now Available Between Bitcoin & Ethereum
Listen Here – https://soundcloud.com/cryptodaily/cross-chain-transactions-now-available-between-bitcoin-ethereum
Bitcoin and Ethereum are notorious as the top two cryptocurrencies by market capitalisation. Many do consider that Bitcoin and Ethereum are in direct competition, however this competition does not exist outside of the race for the highest market capitalisation. Bitcoin and Ethereum exist on different networks for different reasons, Bitcoin and Ethereum do very different jobs to each other and therefore, they can exist in harmony.
This sense of harmony is something that has been picked up on by iBitcome.
The Healthy Competition Between ETH & TRX
There’s always competition happening every day, whether it’s in a football game or similar. Blockchain projects should use the same competitive attitude to push the boundaries on what they could achieve.
As enthusiasts of the industry, we can be guilty of being biased towards blockchain projects and certain coins. I think we can all admit we’ve been a little tribal as described by Michael Casey from CoinDesk. We want crypto projects and coins alike to thrive at the expense of one another. Ethereum and TRON are great examples of a classic rivalry which is actually healthier than you thought. ETH vs TRX is a good rivalry between some of the biggest and brightest minds.
Similarities And Differences Between Currencies & Equities
Different asset classes have got very similar aspects of them. This means it’s important to trade the asset class that you understand best to provide you with the best chance of successfully investing in the capital markets. Furthermore, with the basics that move both the crypto and equity markets, it’s important to understand the differences in how stable they both are in order to get the most out of them with each asset class.
Differences between currencies and equities
One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap Between Tokens
Singapore-based cryptocurrency exchange Huobi Global today introduced an all-in-one stablecoin program called HUSD, which will allow traders to convert between four USD-pegged cryptocurrency tokens. HUSD: Huobi’s All-in-One Stablecoin Solution According to the announcement, the HUSD solution aims to reduce the need to choose between multiple stablecoins, as well as to cut down transaction costs incurred … Continued
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Spread between BTC/USD and BTC/USDT Crosses $300
The imbalanced peg between the US Dollar and Tether LLC’s USDT has resulted in a $ 300-spread in Bitcoin price. At the press time, the aggregated Bitcoin-to-dollar exchange rate on non-Tether exchanges is approximately 6430-fiat. Meanwhile, on Tether exchanges like BitFinex, the same forex rate is above 6700-fiat. The strange trading activity, which started surfacing on
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‘Partnership’ Between TRON (TRX) and Baidu Has Nothing to Do With the Blockchain
There has been a considerable amount of speculation regarding last week’s mysterious announcement by TRON (TRX) CEO Justin Sun, where he claimed the project had secured a partnership with an industry giant valued at tens of billions of USD. One prevailing theory, which was first floated by Coiness after claiming that it had a conversation with TRON, is that the […]
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