World’s Best Crypto suggestions

Hello All Bitcoin Enthusiasts, With this current pandemic situation and me having to work from home all the time, I was saving up on travel time to office and using that time to invest some money in cryptocurrencies. I have been reading a lot about cryptocurrencies and wanted some clarification on a question I have. " Why is the value of cryptocurrency compared to marketcap?". This makes no sense to me. USD has its own value and so does Bitcoin. Why compare it to fiat currency and make everyone think that it cannot reach new heights. Agreed marketcap is a thing but cryptocurrency has its own value. Am I missing a point here. Please help me get out of this confusion. Thanks in advance. submitted by /u/sriramakrishnakota [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Mk7FYp

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Kingdom Trust, a regulated custodian managing over $13 billion in assets, wants to tokenize the more than 20,000 assets that it currently custodies. Kingdom Trust, a South Dakota-based custodian managing more than $13 billion assets, is closely eying the tokenization sector. Speaking to Cointelegraph, Kingdom Trust chief executive, Ryan Radloff, revealed that the firm wants to tokenize the more than 20,000 alternative, crypto, and legacy assets that it currently offers custody services for. He said: “If you look beyond just Bitcoin, at the clash of alternative assets like [real estate investment trusts] REITs, gold, land, and other things that Kingdom custodies, this is a prime environment for the clash between blockchain technology, tokenization of assets, and the 20000 assets that we currently hold.” Asset custodian is uniquely suited to target tokenization As an established custodian with a six-figure user base over 20,000 supported assets, Radloff asserts that Kingdom Trus

Bitflyer showed 2019 losses, blockchain startup LayerX raised millions, and more headlined news from Japan this past week. This week’s headlines from Japan included GMO Coin exchange polling customers on their view of digital assets, Lisk opening a base in Japan, Bitflyer showing 2019 net losses, blockchain startup LayerX securing significant funding, and two entities reported successful collaborative blockchain-based securities experiments.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan . GMO Coin users pick Bitcoin over XRP GMO Coin, a crypto exchange under Japanese tech outfit GMO, conducted a poll , asking users which crypto asset they think holds the most promising future.  Out of 1,578 polled exchange users, 47% put Bitcoin as their top choice. XRP and Ethereum came in second and third respectively. Similar polling from 2019 found XRP as the asset of choice regarding future expectations. Roughly 70% of customers a

One of the interesting elements of this profession is dealing with how the processor companies have changed their attitudes towards marketing their products over the past couple of decades. After years of bland boxing and sub-standard coolers, there have been recent efforts to produce something eye-catching to users casually browsing shelves, especially in an effort to draw attention to the high-end products. While ultimately the packaging has little-to-no value after unboxing the product, beyond perhaps the background in a gaming stream, it does mark a change in attitudes, especially when product packaging can accelerate the hype around a product. One of the recent product packaging efforts from Intel was the dodecahedral packaging for its halo desktop product, the Core i9-9900K. While AMD has focused special packaging for high-end desktop, Intel it seems prefers to point it into the desktop product line. This packaging is a transparent blue dodecahedron, with the CPU at the center.

BTC supporter here since 2014. When my son was 1 year old back in late 2016, I used up all his birthday money to buy bitcoin for him. Put it on a ledger and kept it away since. My wife told me to sell at $5000, at $10000 and $18000, but i hold it ever since, now she already know I will keep my promise to just give it to him when it is time (probably not at 18, because most youngsters are still retarded at that age) Anyway, I am so anxious to see his reaction when I tell him he has a certain amount of btc :D and that his 'old fashioned' dad was good for something :P I hope it will make him instantly financially stable/independent. Or maybe I will get to hear why I didn't sold at $18000 back in 2017! You should have listened to mum! submitted by /u/inhodel [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3gHATPh

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The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry. China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow for the development of a blockchain-based platform, which will target a number of different use cases. According to local media , the platform will allow buyers, sellers, logistic companies, banks, customs, and tax officials to conduct contactless digital export and import transactions. The companies will promote an in-depth integration of blockchain technology in the port industry. Their goal is to become the world’s first blockchain-based digital port with an open collaboration network. Implementing blockchain technology within the port business model The report details that the port is a core node connecting the international commercial trading and logistics indust

While Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation. After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this range. Though a popular trader says that Bitcoin is currently showing signs it will soon rocket higher. The sign cited is a fractal the asset has tracked for the past three years. Related Reading: Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining Bitcoin Is Preparing to Rally to $20,000: Fractal Markets seemingly move without rhyme or reason, but this isn’t always the case. Due to the psychology of investors, there are technical formations called fractals that show price action can repeat at different times and for different assets. As Investopedia explains: “Fractals also refer to a recurring pattern that occurs amid larger more chaotic pri

Gemini, the crypto asset exchange founded by the Winklevoss Twins, has become the first exchange to partner with Samsung, the companies announced on Thursday. Samsung will be integrating Gemini in the Samsung Blockchain Wallet, allowing users to transfer their holdings from gemini into self-custody. Gemini Announces Collaboration With Samsung Blockchain Wallet When Samsung revealed that its newest Galaxy Series will come with integrated cryptocurrency support, many saw this as a major move for the industry. With one of the largest smartphone manufacturers in the world providing devices to millions of people that come equipped to store digital assets, the industry was anticipating a massive rise in usage. However, while there is still a long way to go for every Samsung user to become an avid digital asset supporter, the company is surely turning more and more towards facilitating digital asset usage. This culminated when the tech giant revealed that it is collaborating with Gemini, a cr

Just a day after Goldman Sachs came out with a scathing presentation on Bitcoin, the asset is rallying. Investors are clearly shaking off the “FUD” the multinational bank through the cryptocurrency market’s way. Just minutes ago as of the time of this article’s writing, BTC shot higher to cross $9,600. It reached a local high of $9,625. This is the highest price Bitcoin has traded at in the past seven days. Though, prices remain a few percentage points shy of the May highs of $10,000. Bitcoin price chart from TradingView.com While the move is still ongoing and volatility is present, prices are primed to close above the $9,500 resistance. This is notable for bulls on a short-term time frame. Demonstrating the short-term strength of bulls is the liquidation events on exchanges like BitMEX. According to crypto derivatives tracker Skew.com, approximately $40 million worth of BitMEX shorts has been liquidated over the past 36 hours. Adding to this, BitMEX has begun to trade over the BTC spo

The Kleiman estate's legal team has seized upon this week's revelation that 145 Bitcoin addresses claimed by Craig Wright are controlled by someone else. The Kleiman estate's legal team has entered into evidence this week's revelation that 145 addresses claimed by Craig Wright are not controlled by him . They filed a notice of supplementary evidence supporting their motion for sanctions against Wright earlier this morning, adding to their laundry list of complaints against the Satoshi-claimant. They said the new evidence further proves the “CSW Filed List” is not a list of Wright’s  Bitcoin public addresses but is instead a “purposeful fabrication” by him.  The Kleiman estate is suing Wright over the Bitcoin he allegedly mined in a partnership with the late Dave Kleiman.  ‘Liar and a fraud’ On May 24 2020 an unknown actor posted a message, signed with the private keys to the addresses on the CSW Filed List saying: "Craig Steven Wright is a liar and a frau

Ren, a decentralized finance protocol friendly to Ethereum that enables inter-blockchain liquidity, has announced the launch of the RenVM mainnet. The company said that RenVM will bring cross-chain assets to the Ethereum ecosystem. This will begin first with the introduction of BTC, BCH, and ZEC, and later with other digital assets. Non-Custodial Bitcoin Coming to Ethereum With RenVM Interacting with other blockchain networks has been one of the longest-prevailing problems the Ethereum decentralized finance space has had to deal with. And while the smooth transitions between public blockchains are still a long way ahead, the goal has become a bit more attainable thanks to the launch of Ren Protocol’s core product. The inter-blockchain liquidity provider has announced the mainnet launch of the Ren Virtual Machine (RenVM), a decentralized custody solution that allows the seamless movement of assets between blockchains. While the Ren Protocol currently allows users to tokenize Bitcoin, Bi

The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins. After spiking a week ago to levels last seen in February 2018, the average Bitcoin ( BTC ) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee decreased by nearly 54% from $6.65 on May 20 to $3.07 on May 25. The median — or most common —  fee peaked at $3.91, but has now fallen to $1.65. Bitcoin Cash proponent Hayden Otto told Cointelegraph that if network congestion continues, it will push users to altcoins. He believes this happened in 2017: “When BTC is operating at capacity with a huge black log of transactions, it will slowly [lose users to altcoins] again. [...] I'm sure most people trying to move funds around would convert to another coin before withdrawing from exchanges.” Bitcoin median and average transaction fee May 20-May 25 chart. Source: BitInfoCharts Altcoins capitalize on

A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets Data.  “I believe a major crypto bull cycle is inevitable,” CEO Mike Alfred told Cointelegraph.  Coronavirus shakes up the global economy Several months of coronavirus prevention measures , including business closures and stay-at-home orders, have wounded the global economy. High unemployment numbers means less spending as people look to meet their budgetary needs.  Extended periods of reduced revenue also foreshadow businesses closures . Meanwhile, mainstream financial markets have rallied amid trillion-dollar U.S. government efforts . Several other nations have pushed similar plans forward.  Such government action, matched with improved crypto infrastructure, could boost prices in the crypto

The events seen within the crypto market on March 12th – a day now known as “Black Thursday” – were extreme and have sparked a lasting shift in dynamics amongst Bitcoin investors. One of the most prominent changes brought about by this recent meltdown can be seen while looking at the balance of BTC on exchanges, which has been diving in recent times. Data shows that over 310,000 Bitcoin has been removed from exchanges in the time following March 12th. It is probable that this crypto has been moved into cold storage solutions, signaling that investors are planning to hold their BTC over a longer time frame. It also appears that investors’ trust in centralized platforms may have been severely degraded by the events that led this meltdown to occur. Investors Have Moved Over 310,000 Bitcoin Away from Exchanges Over Past Two Months  March 12th will forever be a day burned into the minds of crypto investors, as the market witnessed an intense selloff sparked by a cascade of liquidations on B

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The price of Bitcoin dropped to $8,800 over the weekend and data shows miners and retail investors led the correction. On May 24, the price of Bitcoin ( BTC ) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk of a bigger pullback. The initial drop of Bitcoin below $9,000 coincided with a massive inflow of BTC into exchanges and Bitcoin on-chain data indicates key players were selling over the weekend. According to data, miners, exchanges and retail investors may have led to the decline in the price of Bitcoin over the past three days. Who is selling Bitcoin? As cryptocurrency investor Willy Woo previously explained, the role of an exchange is to match orders between sellers and buyers. As an example, if a buyer is purchasing Bitcoin at $9,000, a seller has to be selling BTC at the same price for the trade to come through. Woo said : When we say traders are ‘buying’ or ‘selling’

The Louisiana BitLicense is closer than you might think. The state of Louisiana might soon pass a bill to offer licenses for crypto businesses to operate legally, according to a May 25 report. The bill was filed earlier this year with the goal of helping crypto businesses get official licensure and bring more crypto-related business to the state.  The new bill is backed by state representative Mark Weight. If the bill passes, the state would then have a crypto framework to operate from, defining a number of crypto-related terms. The new bill got unanimous initial approval from Louisiana’s House of Representatives last week, but there is still a long road ahead. The bill next goes to the State Senate, and then to the Committee on Commerce, Consumer Protection, and International Affairs for further approval. Conducting legitimate crypto business in the US is risky because the country is invested in preventing cryptocurrency from being used illegally. That’s why most of these compa

Stock markets are floundering in the wake of the coronavirus (COVID-19) pandemic, and while many are stuck assessing its long-term effects  —  loads of tech executives have dumped their shares for major profit. In fact, insiders at US tech companies  — from fintech to cloud services  —  collectively unloaded at least $3.6 billion worth of company shares in May, with top executives from big players like Facebook, General Electric, Cloudflare, and Activision all selling small fortunes worth of stock. [Read: Bezos and Zuckerberg worth $60B more in two months, thanks to COVID-19] To digest the loin-thumping wealth recently generated by stock sales, Hard Fork built the visualisation below using the SEC data collated by FinViz. Click on each company to discover exactly who sold how many shares. For example, navigating to the Mastercard block will show the company‘s CEO Ajay Banga selling $23.4 million worth of company stock. You’ll also see that the company‘s general counsel, Timothy

Just a week ago, Bitcoin was trading just dollars shy from $10,000. But after rumors (since disproven) spread about Satoshi Nakamoto selling his stash of BTC, the cryptocurrency has collapsed to $8,700. Some have deemed this move a “healthy” retracement, but a key indicator suggests that Bitcoin bulls have further losses ahead of themselves. Related Reading: Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining Bitcoin Is About to Print a Hash Ribbons Crossover Due to the block reward halving that transpired two weeks ago, the revenue that Bitcoin miners earn was effectively cut in half overnight. Miners operating with tight margins due to high electricity costs and older mining machines have been forced to turn off their machines in the wake of this halving. As a result, Bitcoin’s hash rate — the amount of computational power securing the network — has fallen, dipping over 20% from the all-time highs. It’s a decline that is about to be made apparent by

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I've been interested in bitcoin for sometime now and have invested over the past two years.. I'm now doing my part to support the network by setting up a full bitcoin node. However, I feel like I'm lacking on my understanding of bitcoin. I need suggestions to get an depth understanding of bitcoin technologies like blockchain, nodes, and lightning network. I prefer books to pdf but anything will do. Thanks for any help guys and gals! submitted by /u/FishRelatedCrimes [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3gjfCew

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Since NewsBTC’s last market update, the Bitcoin market has continued to flash signs of weakness. After managing to temporarily reclaim $9,000, the cryptocurrency started to plunge just minutes ago, falling as low as $8,675 — 4% lower than where BTC started the day and about 15% below the May highs. Bitcoin price chart from TradingView.com This latest leg lower has resulted in a liquidation event on margin-enabled exchanges, with this rapid drop catching most traders off guard. According to Skew.com — a website tracking crypto derivatives — just shy of $20 million worth of long positions have been liquidated over the past hour, adding to the millions more liquidated earlier today. May Get Worse for Bitcoin Bulls Unfortunately, Bitcoin is prepared to fall even lower after this move, analysts say. One prominent trader shared the chart below, which shows that Bitcoin’s weekly chart is printing a textbook “tweezers” top on the weekly chart, marked by two similar candles in succession. Add a

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As the title states, last year my goal was to have 1 BTC. To everyone who are working on their way to a full BTC, just be patient and you will accomplish your goal. The problem is that once you have one BTC you'll want more lol. As of right now I have more than one and still keep buying. My goal is to have at least 5 BTC before we go over $20k. It will be hard to accomplish that goal but I will be fine if I don't achieve it. Good luck to everyone and make sure you place your BTC on a ledger. Do not leave it in exchanges. $HODLTHATBTC My goal last year! submitted by /u/Mari0805 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2WVf2vy

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Hey quick question for anyone who knows, does fiat have to be physically moved between banks and locations when you do things like online bank transfers and what not? And thats an advantage of bitcoin is that the thing that holds value within itself can be transmitted through the airwaves whereas fiat being sent over the web or something is just like placeholder? and the physical cash has to be moved around also? submitted by /u/CharliePrograms12 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/3ebrRb1

Wanted to introduce Bulltardia, a graphic novel I've been working on. It follows the story of a honey badger. Well, not just any honey badger... THE honey badger, the punk that doesn't care. Right now, he really needs to go to the moon. Do you want to know why? It's available on Webtoon , free to read and there's even a hidden Bitcoin treasure in the story. Cheers, hodl. Bit the Honey badger submitted by /u/legeugre [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/36wMvjd

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Tyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss , predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi , during a recent interview with The Defiant’s Camila Russo. However, despite his optimistic outlook for DeFi, the Gemini co-founder asserted that the crypto industry currently does not offer a killer app that is driving adoption from outside of the virtual currency community. Inter-stablecoin competition hasn’t even began In an interview with The Defiant, Tyler Winklevoss predicted that the real race between stablecoins will not take form until Wall Street takes an interest in DeFi: “When Wall Street wants to start investing in decentralized finance, they'll need a currency. When a decentralized [Real Estate Investment Trust] pays off a dividend or a stock, is it goi

It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%. But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming. Ethereum is a perfect case in point, which has rallied 10% against BTC over the past nine days. Chart from TradingView.com of ETHBTC’s price action over the past few weeks. The trading pair is up 10% in the past nine days or so. Analysts say this is a precursor is a performance to even greater gains, though there still exists a risk of a medium to a long-term decline in the broader altcoin market, which would likely threaten ETH. Ethereum Poised to Rally Against Bitcoin, Analysts Say Luke “Venture Coinist” Martin — a prominent cryptocurrency trader and podcaster — suggested this week that ETHBTC is subject to rally even further in the coming days. He shared the chart below, which indicates that amid the recent bre

Bitcoin saw a 6% negative mining difficulty adjustment this week, which ensures that the cryptocurrency will continue mining blocks every ten minutes. This indicates that the cryptocurrency is rapidly seeing a reduction in the number of miners vying to validate transactions, suggesting that the implications of the recent mining rewards halving event are starting to take ahold of the cryptocurrency. The latest mining difficulty adjustment has come about concurrently with a significant decline in the benchmark cryptocurrency’s hash rate, which has continued sliding lower in the weeks since the mining rewards halving occurred. It is important to note, however, that Bitcoin was able to avoid the “miner-death-spiral” that some analysts had predicted it would see. Bitcoin Sees Sliding Hash Rate as Smaller Miners Shut Their Rigs Off  Bitcoin’s hash rate has declined quite significantly in recent times. While looking towards the below chart, the hash rate reached fresh all-time highs just befo

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Everyone (bitcoin haters) loves to talk about how stupid it was for someone to spend 10K bitcoin on 2 pizzas, but only bitcoin enthusiasts love to talk about how stupid it is that we used to spend a few dollars on 2 pizzas and now we spend $15-$20 on them. submitted by /u/chrismckong [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2A0Km3e

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A Daegu-based university has made a deal with the Korea Artificial Intelligence Association to build a blockchain campus. South Korea’s Suseong University reached a deal on May 22 with the Korea Artificial Intelligence Association, or KORAIA, to create a blockchain and AI campus in Daegu. According to the announcement published by local media outlet Money Today, the Daegu-based university plans to teach about AI, big data, and cloud-based technology in the brand-new department. They intend to begin accepting students by 2021. COVID-19 crisis as a potential for blockchain adoption growing Kim Kun-woo, director of the Planning and Coordination Division of the university, praised the announcement. He stated that the world is “rapidly” changing to a blockchain and AI-based society due to the global COVID-19 crisis. The announcement also says that several Daegu-based blockchain companies have agreed to provide training and work experience programs within the campus. The university w

Spanish designer and illustrator Borja Bonaque graduated from the Polytechnic University of Valencia with a degree in Fine Arts. In 2009, he was named ‘Graduate of the Year’ by Wallpaper* magazine which opened relationships with future clients such as Financial Times, Wallpaper*, Washington Post and Converse. His work encompasses both graphic design, advertising and editorial illustration which he develops in his own studio in Valencia. www.borjabonaque.com from E-Crypto News https://ift.tt/2zfEwuS