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Showing posts from April, 2020

Ethereum Rally Seems Unstoppable: Here’s Why It Could Test $250

Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels. Ethereum is surging and it recently broke the $215 and $220 resistance levels. The price is now trading well above the $200 pivot level and the 100-day simple moving average. There was a break above a major bearish trend line with resistance near $200 on the daily chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher towards the $240 and $250 resistance levels. Ethereum Price Primary Target Hit Yesterday, we discussed the chances of a strong rise in Ethereum above the $200 resistance against the US Dollar. ETH price did gain bullish momentum above $200 and surged more than 12%. Bitcoin also rallied more than 15% above $8,000 and $8,500. It sparked more upsides in Ether above the $210 level and the price tested the first bullish target of $220 (as discussed in yesterday’s post). During the ri

Peter Brandt likens Tether to 'Nigerian Trinkets'

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Trading veteren Peter Brandt has taken aim at Tether, advising traders not to ‘hold it overnight’ as it was riskier than ‘the Nigerian Trinket’. Renowned veteran trader Peter Brandt has compared holding Tether (USDT) to the risk of holding ‘the Nigerian Trinket’. In a tweet earlier today, Brandt took aim at the controversial stablecoin, calling people “fools” for holding Tether “even overnight”. “It is a joke when people condemn USD as fiat, yet hold Tether,” he said. To be fair to Nigeria, their currency is actually called the ‘naira’ — not the trinket — and inflation there is around 18%, which isn’t good, but also isn’t terrible compared to countries with hyper-infation like Venezuela.  Brandt’s point appears to be that Tether is neither reputable nor well regulated, which makes it a risky asset in which to park funds: “Tether holders -- sleep well. Your wealth will sit overnight with a patch-work of exchanges not subject to regulatory authorities and for whose financial stre

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Telegram is delaying the launch of its TON blockchain for a second time, and offered to repay investors up to 72 percent of their funds back after losing an initial court fight with the from CoinDesk https://ift.tt/2KNHqsW

WEE DID IT GUYS!!!!

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Ladies and Gentlemen, it is time...

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HEY WHALES!!!

push it to 9000 please, I want the internet to break. thanks submitted by /u/nashtccri [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2yTupv1

Bitcoin Roars Past $9,000 as Frantic FOMO on Binance & Coinbase Continues

The past 24 hours have been explosive for the Bitcoin market. Ever since breaking past $7,800 on Wednesday morning, the cryptocurrency has been in a nearly unstoppable uptrend, rallying past resistance after resistance in the $7,000s, $8,000s, then most recently, the ever-important $9,000 level. This steep uptrend comes on the back of an influx of buying volume on retail exchanges such as Coinbase, which temporarily crashed on Wednesday due to the influx of buying activity. Binance, too, saw an influx of volume, with the exchange registering $11 billion worth of trading activity in 24 hours.  Just minutes ago as of the time of this article’s writing, BTC has hit $9,200 — more than 17% higher than it was just 24 hours ago. This is the highest the cryptocurrency has traded since the first week of March, just prior to the capitulation event that took Bitcoin to $3,700. Chart from TradingView.com Although few shorts were liquidated during this latest leg higher from $8,800 to $9,200, Skew.

Bitcoin Rallies 15% And It’s Now And Primed To Hit $9.5k: Technicals Show

Bitcoin is up more than 15% in a pre-halving rally against the US Dollar. BTC broke the key $8,000 resistance and the 100-day simple moving average to open the doors for $9,500 or $10,000. Bitcoin is surging and it settled nicely above the $8,000 resistance pivot level against the US Dollar. The price is gaining momentum above the 100-day simple moving average and it could test $9,500. There is a major bullish trend line forming with support at $7,400 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair could correct in the short term, but dips remain well bid near $8,000. Bitcoin Price Surging Towards $9,500 and $10,000 Yesterday, we discussed how bitcoin price could start a pre halving rally against the US Dollar. BTC price broke a few important resistance levels near the $8,000 zone to move into a strong uptrend. The bulls gained strength above the $8,000 level and the 100-day simple moving average. There was a break above the 61.8% Fib retracement level of the l

BTC’s Tops $9,000, Recovery Leaves Stock Market in the Dust

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Bitcoin just breached $9,000, boasting a staggering recovery that puts the stock market in the shade. Bitcoin ( BTC ) just broke past $9,000 at 3.30am UTC. The price recovery far outpaces the Dow Jones Industrial Average, or Dow, one of the mainstream market's key barometers.  Since its bottom near $3,850 on March 13, Bitcoin has pumped more than 130% in price, according to TradingView.com chart data . At its recent high near $24,750, the Dow has only risen approximately 36% since its March 23 low near $18,210. Bitcoin is once again the best performing asset in 2020. It's official. #Bitcoin is the best performing asset of the year (& decade) 😉 Bitcoin (orange) Gold (yellow) US10Y (black) S&P500 (blue) pic.twitter.com/skFp93FulF — Alex Saunders 🇦🇺👨‍🔬 (@AlexSaundersAU) April 29, 2020 All markets fell in March surrounding coronavirus fears U.S. coronavirus prevention measures took over during the first half of March as businesses closed and citizens st

Blockchain Platform Waves Launches New COVID-19 Betting Market

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Waves is allowing users to place bets on whether the number of new weekly COVID-19 cases peaked earlier this month. Blockchain platform Waves has launched a new betting market allowing users to speculate on whether the spread of the coronavirus pandemic has passed its peak. Customers can now purchase ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20’ tokens to bet on whether the number of new weekly cases worldwide will exceed April 4 - 10’s record of 595,802 confirmed infections before September. Waves’ tokens are purchased in exchange for the stablecoin, Neutrino Dollar (USDN). All USDN used to buy the tokens are locked in escrow until September, and then distributed among the winners. The campaign will ostensibly contribute to coronavirus charity initiatives. Making waves with their new markets At the start of April, Waves launched predictive betting markets allowing users to speculate on whether the number of globally confirmed COVID-19 cases would increase or decrease on a week-over-

Uber AI plays any Atari 2600 game with 'superhuman' skill

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DeepMind isn’t the only one with an Atari-savvy AI. A team of Uber AI researchers has developed a set of algorithms, Go-Explore, that reportedly beats any Atari 2600 game with “superhuman” scores, including ones where AI previously had trouble besting its organic rivals. The key is a system that takes care to remember promising states and returns to those states before it sets out exploring. Go-Explore saw improvement by “orders of magnitude” in some games. It was the first to beat every level in Montezuma’s Revenge , and got a “near-perfect” Pitfall score — both of these are particularly challenging for reinforcement learning systems like this. DeepMind’s Agent57 reached a similar benchmark, according to the team’s Jeff Clune, but through “entirely different methods.” That gives developers a “diversity” of approaches to the same tasks. from E-Crypto News https://ift.tt/3aR7g9I

Relive Bitcoin's bumpy ride from $150 in 2015 to $9000 today [1:57]

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I bought at today high and have stopped the upward trend.

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Artist Vesa Kivinen: Crypto Art Has the Potential to Go Parabolic

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The creator of Art For Crypto sells his pieces for only 1 BTC, but thinks crypto art is an investment with just as much potential as coins. Speaking at Virtual Blockchain Week in front of one of his colorful yet hypnotic canvas pieces, Vesa Kivinen, the creator of Art For Crypto, suggested crypto art could be just as much of an investment as any other digital asset. Passionately extolling some of philosophical benefits of crypto art, Kivinen was just as eager to explain the business side of the coin: “[Digital art] has many similarities to, let’s say, the very, very early Bitcoin. Those opportunities of holding on to the first 10x, and the 100x, and the 1000x … they’re now going on in crypto art in these unique limited edition assets.” Crypto artist Vesa Kivinen. Screenshot from Virtual Blockchain Week Kivinen creates three copies of individual canvas pieces, like the large hypnotic one that hung behind him during his Virtual Blockchain Week talk — called “Red Eye” and pictu

Roger Ver: 'End Lockdown, It's a Matter of Economic Freedom'

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Bitcoin.com chairman Roger Ver has called for an immediate end to the enforced coronavirus lockdown, on the grounds of economic and personal freedom. Speaking at Virtual Blockchain Week , Bitcoin.com chairman Roger Ver (also known as “Bitcoin Jesus”) has called for an immediate end to the enforced coronavirus lockdown on the grounds that it violates economic and personal freedom. "I think the lockdown needs to come to an end, right now, today," he said. "If you want to lock yourself down, more power to you, feel free, have at it. But for the rest of us that want to live our lives, we should be able to do that too.” Ver joins another high-profile tech figure, Tesla's Elon Musk, in calling for an end to lockdowns. On Wednesday, Musk called the extension of lockdowns "fascist" and an "outrage"  that was "forcibly imprisoning people in their own homes against all their constitutional rights.” Lockdowns cause more deaths Ver spoke to Cointe

Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle

Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative – but not to give him back the title. from CoinDesk https://ift.tt/2YuyBML

Maciek Miloch Floral ‘Feast’ Compositions

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An intriguing floral still life series, photographer Maciek Miloch introduced to us his latest project “Feast” reinterpreting the classic still life compositions that celebrates the beauty of flowers and fruits. Be in touch with us here to [Submit] your projects to Trendland. From the artist “Feast” is collaborative project between photographer Maciek Miloch and Floral Designer CosmosPlantea . Photographs are interpretation of classic still life compositions that celebrates beauty of flowers and fruits. Composition are a mix of different plants that don’t necessarily appear together in nature, combining exotic with local. Delicate subject of nature was juxtaposed with raw materials, revealing their unexpected beauty.” www.miloch.com @mmiloch from E-Crypto News https://ift.tt/2YeYXlH

Go! Johnny Go!

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Binance Sees Record High Trading Volume as Investors Flood into Crypto

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The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown. The significance of today’s price action extends far beyond just boosting the market’s technical strength, as it has also revitalized investors – an occurrence indicated by trading volume on crypto exchange Binance hitting a fresh all-time high today. This comes as the benchmark cryptocurrency’s fundamental undercurrent grows stronger, with the influx of new retail investors into BTC suggesting that there may be a shifting market dynamic that ultimately allows it to continue climbing higher. Crypto Market Volatility Surges, Sending Trading Volume on Binance to an All-Time High Bitcoin and the entire crypto market saw intense bull-favoring volatility this morning that came about when BTC pushed from lows of $7,700 to highs of nearly $9,000, at which

Bitcoin Price Nearly Tops $9,000 Before Dropping to a Key Support Level

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Bitcoin’s 14.5% rally set an important higher high and has placed the digital asset in position to tackle the $9,000 level. On Wednesday Bitcoin ( BTC ) price blasted through a series of key resistance levels as traders ponied up and set their target on the $9K mark. According to data from Cointelegraph Markets and CoinMarketCap the BTC/USD pair has rallied approximately 14.5%, notching a $1,123 gain.  With the block reward halving just 13 days away, bullish investors are hopeful that a push above $9,000 will lead to a pre-halving price of $10,000. Let’s take a brief look at the charts to see what Bitcoin is up to.  Crypto market daily price chart. Source: Coin360 Today’s $1,123 surge allowed Bitcoin price to clear a number of crucial levels of concern. Among them were the: resistance at $8,000, the 61.% Fibonacci retracement, the 100 and 200-day moving average and expected resistance at $8,500.  The move above $8,000 was much needed as the yearly pivot was cleared at $8,100 a

Accessible Bitcoin wallet for the blind?

Hello, I'm totally blind and interested in getting a secure hardware Bitcoin wallet. The Electrum GUI isn't accessible to my screen reader , but I can use command-line tools if they work with hardware wallets. The more audio feedback the wallet gives (beeps, etc), the better, and I'd prefer physical buttons over a touchscreen (I'd need to memorize menus/on-screen prompts as presumably the wallet wouldn't speak). I also like the idea of the wallet functioning as a u2f key to protect access to exchanges. Any suggestions? submitted by /u/CactoHelado [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2SlggO0

Bitcoin now outperforming S&P 500 for the first time since equity sell-off

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Morning coffee never tasted better

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Google is killing its experimental social network Shoelace

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Google’s experimental Area 120 unit launched Shoelace in mid-2019 as a way to help people get together in real life. Unfortunately, the fledgling social network won’t make it out of the experimental phase — the tech giant has announced that Shoelace is shutting down on May 12th. The service was geared towards people looking for group activities with other locals who share the same interests. Say, people interested in photography who want to meet up for a shoot or those looking for buddies to see concerts with. It was only ever available for iOS users in NYC, though, and never quite made its way to other regions. from E-Crypto News https://ift.tt/2yUBUSk

When you search bitcoin on YT and filter within the hour... I hope you like scams.

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Ethereum Highly Bullish And Primed To Surge Towards $220

Ethereum is trading in a bullish zone above the $195 level against the US Dollar. ETH will most likely clear the $200 resistance for a run towards the $220 level. Ethereum is showing a lot of positive signs above the $195 support zone. The price is currently attempting an upside break above the $200 resistance area. There was a break above a major contracting triangle with resistance near $197 on the hourly chart of ETH/USD (data feed via Kraken). The pair could surge above the $200 barrier and test the next hurdle at $220. Ethereum Price Likely to Rally Further In the past few sessions, Ethereum price remained in a broad range above the $190 level against the US Dollar. ETH bears made a couple of attempts to push the price below the $190 and $188 support levels, but they failed. The last swing low was formed near $188 before the price regained bullish momentum. It climbed back above the $190 level and the 100 hourly simple moving average. The bulls were able to clear the $195 hurdle f

Millionaire Arrested for Wife’s Murder in $10M Monero Ransom Kidnap Case

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Norwegian Police suspect millionaire Tom Hagen murdered his missing wife, which calls into question ‘$10M in Monero’ ransom note. When Norwegian millionaire Tom Hagen reported that his wife had been kidnapped in October 2018, included was a ransom note demanding $10 million worth of the cryptocurrency Monero. Now, after Hagen’s arrest by local authorities on April 28 on suspicion for the murder of Anne-Elisabeth Hagen, it seems as if the ransom demand could have simply been a way to cover up the crime. The case has gripped the nation and Reuters reported on April 29 that Police Lawyer Aase Kjustad Eriksson told a news conference that, after an 18 month investigation, the police have now had “reason to suspect Tom Hagen of murder or conspiracy for murder”. He has not yet been charged with the crime. However, Police Inspector Tommy Broeske said: "there was no kidnapping, no real negotiating counterpart or real negotiations. There are indications of a will [sic] to sidetrack [t

New Zealand invests NZ$15m into rural broadband upgrades for COVID-19 efforts

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The New Zealand government announced on Wednesday it would invest an additional NZ$15 million into upgrading rural network capacity to help the economy of remote communities recover from the effects of COVID-19. The additional funding will be allocated towards upgrading some existing rural mobile towers, upgrading wireless backhaul that connects remote sites to central networks, and installing external antennae on households to improved coverage.  The NZ$15 million was taken from savings in the Ultra-Fast Broadband (UFB) initiative, the government said. Minister for Government Digital Services Kris Faafoi said that improved rural network coverage would also allow for households with school-age children that live in these isolated regions to gain access to internet access for remote learning. “The government’s aim is to provide access to around 99.8% of New Zealanders. However, while that work continues, some households in isolated regions require reliable access to broadband serv

Bitcoin Q&A: How will the EARN IT Act Affect Bitcoin? - Andreas Antonopoulos

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Silencing and heat Dragonmint T1 and Ant S9

I have a little home experimenting going on. Built a silencer for two antminers. Igloocooler 4 inch insulated flexitubing with exhaust out the window, not quite sealed on the inside, which I want to work on. Does wonders for the noise. The powersupply is not in the box, so it is ambient at 75ish. S9 is running at 96-106 C T1 Dragon mint 68-77 C Bitmain says 65-115 is good. 135 is max. Any ideas is great. submitted by /u/Samsonlp [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2KIUM9D

Cryptoconomy: Read_387 - Anatomy of the State - Part 2 [Murray N. Rothbard]

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Bitcoin Breaking This Single Level Will Spark a Pre-Halving Rally

Bitcoin is showing bullish signs above the $7,700 level against the US Dollar. BTC could start a strong pre-halving rally if it breaks the $8,000 resistance and the 100-day simple moving average. Bitcoin is following a positive path above the $7,500 pivot level against the US Dollar. The price is now facing a major hurdle near $8,000 and the 100-day simple moving average. There is a key bullish trend line forming with support at $7,200 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair could either surge above the $8,000 resistance or retest the bullish trend line. Bitcoin Price is Approaching Key Hurdle After forming a major swing low, bitcoin started a steady rise above the $6,500 and $7,500 resistance levels against the US Dollar. BTC price even settled above the $7,500 pivot zone to move into a bullish zone. During the rise, it surpassed the 50% Fib retracement level of the main drop from the $10,497 high to $3,930 swing low. The current price action is positi

Bitcoin SV Rivals VISA for Transactions Claims Bitcoin Association

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Annual report from Bitcoin SV’s The Bitcoin Association, claims BSV now rivals VISA for transactions per second, and offers BSV miners “better returns” than BTC. The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) receive “better returns” than on BTC. In its first annual report, the Bitcoin Association (BA) said the Bitcoin SV  scaling test network had “consistently sustained 1,300 transactions per second for a prolonged period, in addition to handling a peak load of 6,400 transactions per second” “To put the transaction capacity in perspective, the VISA network, which has long been viewed as the gold-standard for payment processors, handles an average of 1,700 transactions per second.” It said the test network has processed blocks of almost 2GB in size, containing 7.877 million transactions. Bitcoin SV and Bitcoin Cash emerged out o

Lenovo will start offering ThinkPads with Linux pre-installed

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In context: The world’s biggest PC company in terms of shipments has decided to offer a few select models with Linux pre-installed. In doing so, it joins the existing club that includes Dell and other smaller players like Purism, ZaReason, and System76. If Linux has a special place in your heart, you will want to know Lenovo is partnering with the Fedora Project to give you your dream machine in the form of ThinkPad laptops that make it easy even for a newcomer to get started with Fedora. This is supposed to be a pilot program dubbed Linux Community Series – Fedora Edition, which will include the ThinkPad P1 Gen2, ThinkPad X1 Gen8, ThinkPad P53, with the possibility that the company will expand the selection in the near future if it sees enough demand. These models will come with the newly released Fedora 32 Workstation Linux pre-installed, and will presumably be certified to play nice with it while only using first party repositories. That means the ThinkPad P53 and ThinkPad P1 G

Notter Nuts Embodies Health Goodness

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Notter Nuts is a food company specializing in healthy nut snacks. Sourced carefully and baked at low temperatures, the brand zooms on the quality of its products. Teaming up with a Singapore-based studio Fabe , Notter Nuts can boast a minimalist, elegant visual identity consisting of sans-serif typography and pastel tones. It was applied onto sustainable packaging, devoid of any abundant elements in order to reflect products’ natural qualities. www.notternuts.com www.fable.sg from E-Crypto News https://ift.tt/35cglJe

One currency to rule them all

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$12 Million on BitMEX Liquidated as Bitcoin Prints Nasty “Darth Maul” Candle

After trading below $7.800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.2% — within the span of two minutes. Chart from TradingView.com Unfortunately for bulls, as fast as the cryptocurrency rallied, it reversed. After hitting $7,870, the highest price BTC has traded at since the March 12th crash, “Black Thursday,” it tanked to $7,720. Analysts know this sort of price action as a “Darth Maul” candle, whereas prices rapidly rally out of a consolidation pattern to only be smacked down by bears, often resulting in a red candle that looks much like the lightsaber of Star Wars’ Darth Maul. While the move in the Bitcoin price was relatively small in that it only encompassed around $150, the effects on the derivatives market were strong. Per data from Skew.com, approximately $12 million worth of Bitcoin positions open on BitMEX — both long and short p

Alyze Sam: Stablecoins Are the “Gateway to Decentralization”

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The CEO of GIVE Nation sees stablecoins as a gateway for companies like Facebook and JP Morgan to decentralized assets. Speaking to attendees at Virtual Blockchain Week from her home in Kansas, Alyze Sam, co-author of a major guide to stablecoins , suggested stablecoins could be the key for big companies like Facebook and JP Morgan accepting decentralized assets as payment.  Her midwestern charm matched her deep knowledge of stablecoins, and Sam sees these digital assets as having a place in the crypto world for the long haul.  “They don’t have that decentralization. They don’t fill that freedom that we all want to experience. But stablecoins offer the benefits of a cryptocurrency, including cryptographic security and the ability to transfer assets digitally with speedy transactions.” Screenshot from Virtual Blockchain Week Though some stablecoins like Tether are mired in controversy (Tether was at one point backed only 74% by fiat currency), Sam says that as larger compani