Posts by Alfredo Showtimer
Watching Network Activity Can Help Predict Bitcoin Price
Determining Bitcoin’s value and its trend is not an easy task. However, some experts and crypto traders believe that by analyzing BTC’s network activity, they can establish the cryptocurrency’s value. Travis Kling: “Network value should be a function of network activity.” Stock analyst and traders have at their disposal various indicators originated from financial statements,…
Read MoreIs Lightning Network Suitable For Bitcoin Deposits, Withdrawals?
A Twitter poll by bitcoin evangelist Pierre Rochard discussed whether the Lightning Network is a suitable tool for BTC transactions on crypto exchanges. Poll Signals to Lightning Network Curiosity Should Bitcoin exchanges enable Lightning deposits and withdrawals? — Pierre Rochard (@pierre_rochard) October 14, 2019 Proponents of LN believe it would be a good fit for…
Read MoreBitcoin’s Smallest Unit ‘Satoshi’ Gets Added To Oxford Dictionary
It’s official – Satoshi, the smallest divisible unit of bitcoin, is now an English word. While it has been used for years among the crypto community, the Oxford English Dictionary (OED) added the term earlier this month. Now It’s Satoshi’s Turn to Refresh English Language The crypto community requires new words to explain different aspects…
Read MoreBitcoin Miners Prepare For 18 Millionth Coin As Just 14% Of Supply Remains
Bitcoin miners will mine the 18 millionth BTC this week, leaving just 3 million left to release before mining stops in the distant year 2140. 3 Million BTC, 120 Years Data from monitoring resource Blockchain confirmed that the total Bitcoin 00 supply had reached 17.92 million as of October 14. According to block calculations, the…
Read MoreFacebook Seeking Central Bank Boss to Manage Libra?
Facebook appears to be unfazed by the unrelenting criticism and pressure that is piling on to its crypto domination aspirations. As the US Treasury Secretary waded in with more threats, another Libra Association partner bailed out, and the consortium concluded its first official meeting. Any New Takers For Libra? The Libra Association had its first…
Read MoreBinance CEO Eyes BNB Prospects After ETP Launch on SIX
Switzerland’s main stock exchange SIX has chosen to increase its cryptocurrency portfolio by trading a product based solely on Binance Coin. Binance Coin ETP Goes Live On SIX In a blog post issued on October 15, Binance Coin’s issuer, cryptocurrency exchange Binance confirmed it was launching a dedicated exchange-traded product (ETP) on SIX. Trading will…
Read MoreCrypto Community Turns Bullish on XRP as Ripple Token Surges
Bitcoin (BTC) has spent another day consolidating with further failures to top resistance. Its lethargy and another dominance dip are good news for altcoins which are having a bit of a revival today. Ripple’s XRP, which has been on the floor for most of 2019, is going up strong as is Stellar Lumens, 0x and…
Read MoreGrayscale Wins First US Approval For Cryptocurrency-Based Security
A pivotal US self-regulatory organization has formally licensed the country’s first public security based on cryptocurrency markets. Large Cap Fund Gets FINRA Say-So Shares of Grayscale’s Digital Large Cap Fund (DLC) received the green light from the Financial Industry Regulatory Authority (FINRA) this week, a press release confirmed on October 14. Grayscale, currently the world’s…
Read MoreBitcoin (BTC) Whale Just Moved $900M in Single Transaction
The Bitcoin network once again carried a stunning amount of value in a single transaction. Recent tracking showed the movement of more than 107,848 BTC, worth nearly $900 million at the time of tracking. The Whale Turns Out to Be Bitstamp The transaction follows a previous unknown whale that moved more than $1 billion and…
Read MoreBayern Munich Partners with Stryking for Blockchain-Based Collectibles
Bayern Munich, Germany’s most successful football club, has partnered with the blockchain-oriented venture of fan engagement firm, Stryking Entertainment. Blockchain-Based Collectibles on Bayern Players According to the agreement, Stryking, which is itself a subsidiary of Hong Kong-based Animoca Brands – a mobile games developer, will issue and distribute digital collectibles based on Bayern players. Thus,…
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