Jump to content

All Activity

This stream auto-updates     

  1. Past hour
  2. The Initial Exchange Offering has galvanized the crypto markets – but until a few days ago Bitfinex, which has endured a tumultuous few weeks, was surprisingly quiet on the subject. While Binance launched Matic and Celer, Bittrex canceled RAID, and exchanges across the globe hopped on a rapidly-accelerating bandwagon, innovation specialist iFinex was uncharacteristically silent. That all changed with the announcement that Bitfinex itself raised a quick billion dollars in a 10-day private sale, before releasing their pidgin Latin Unus Sed Leo tokens to a mildly-bewildered mass audience. But since Bitfinex appears to thrive on pressure (and that-whole-Tether-thing apparently isn’t enough) the crypto exchange is creating an entire IEO platform to launch other projects. Tokinex is the new initiative, and in many ways it follows a formula that is becoming familiar throughout the crypto space. The exchange will offer projects that meet certain vetting criteria to customers who successfully pass KYC (in this case, via the Blockpass mobile app) and those customers can then purchase tokens ready for “frictionless trading on the secondary market”. If you saw it before, you’ll love it when you see it again… but the déjà vu isn’t yet complete. Like competitors including Binance Launchpad, Huobi Prime, and KuCoin Spotlight, Bitfinex is committed to providing virtually instant liquidity within a massive pool – and for contributors, that means no long wait for the wheel to spin. If the project is a hit, they’ll know almost instantly. They can fund their successful application for tokens directly from their own BTC wallets. Never one to mince words, Bitfinex CEO Jean Louis van der Velde explained that “Tokinex brings the opportunity for anyone to participate in quality token sales in a fair environment, and for tokens to gain exposure to Bitfinex and Ethfinex users with no upfront cost.” Aha! There it is. Nestled away at the end of that sentence is – finally – a significant differentiator, and it is important. While *some* exchanges have been charging for access to their IEO platforms, the iFinex family doesn’t plan to do so. And that may mean that the projects listed on Bitfinex / Ethfinex have a more democratic selection process, possibly depending less on the cash reserves of the business and more on its value to potential customers. It may mean that. We hope it means that. The true nature of Tokinex will be revealed later this week, when its first IEO project is announced on May 23rd for a June sale. That should help to clear up whether Tokinex intends to be the Simba of IEO platforms – or the Scar. The post Bitfinex Announces Tokinex, An IEO Platform With One Key Distinction appeared first on Crypto Briefing. View the full article
  3. By CCN: The number of U.S. hedge funds betting on more stock market volatility has reached lows not seen in months. Hedge funds and other investors speculate on volatility by purchasing Volatility Index options (VIX) from the Chicago Board Options Exchange (CBOE). Ironically the Volatility Index is looking pretty volatile itself. VIX flew up the chart last December. The Volatility Index peaked at 36 on the worst Christmas Eve in the stock market’s history. But the index has spent most of 2019 in the low teens. Volatility and a decline in markets usually go hand in hand. So the decline The post Bullish Hedge Funds Speculate on US Stock Market with an Insane Bet appeared first on CCN View the full article
  4. The Bitcoin (BTC) bulls have done it. They have entirely shaken off last week’s flash crash, which saw BTC plummet to $6,100 on Bitstamp and $6,500 on other major exchanges. With this strong rebound, which came after a period of ranging between $7,000 and $7,300, analysts have adjusted their outlook to the new conditions. Related Reading: Analysts Expect Bitcoin to Drop Towards $7,300 After Failing to Stabilize Above $8,000 And, despite news that the U.S. Securities and Exchange Commission (SEC) has delayed its verdict on Bitwise’s Bitcoin exchange-traded fund (ETF) application, analysts and traders are bullish. Bitcoin Poised To Continue Higher At long last, the cryptocurrency market has seemingly settled, with BTC trading between a relatively tight range of $7,800 and $8,100 for the past 24 hours. However, some analysts suggest that Bitcoin may soon break out, potentially rallying to new year-to-date highs. Financial Survivalism, a popular trader and subscriber to the Hyperwave theory, recently noted that Bitcoin’s four-hour chart is forming an inverse head and shoulders pattern, which is itself contained in a broadening wedge. Although such a technical pattern is normally a sign of an impending reversal, Survivalism notes that a bullish continuation is entirely possible. 1 /2 $BTC is forming an inverse head & shoulders on the 4h. Many call for this as a reversal pattern but I far prefer it as a continuation. There is a trendline below for added support. Measured move from ih&s is in line w next area of horizontal resistance. #waitforconfirmation pic.twitter.com/neuSJHUhQl — Financial Survivalism (@Sawcruhteez) May 21, 2019 He depicts that if Bitcoin decisively breaks above $8,300, a key level of resistance in the short-term, a move to $9,500 would be entirely possible, as there is little stopping the cryptocurrency from rallying between the two levels. $9,500, for those unaware, is where BTC topped out in April of 2018, during which many wistfully suggested that the cryptocurrency market was trying to break out of a bear market. Survivalism, who is now coming to the conclusion that the bear market is over after looking to sub-$2,000 levels, isn’t the first to have pointed towards the fact that Bitcoin’s chance to rallying to $9,600 is improving day-over-day. Renowned analyst Josh Rager, whose work NewsBTC has often covered, also states that if BTC manages to close above $8,300 on the weekly or daily resolution, a move to $9,600 wouldn’t be out of the realm of possibility. And the technicals and historical trends seem to be backing such a move, which many believe would be the final nail in the coffin for current cryptocurrency bears. Survivalism explains that the 50 and 200 exponential moving averages on the 15-minute and one-hour resolutions have begun to turn bullish (head higher) after a short stagnation last week. This implies that the trend is likely bullish and that a move higher from here is far from off the table. What’s more, BTC’s daily chart recently saw a four candle pattern (Rising Three Methods, as pointed out by Josh of Brave New Coin) that is bullish and was seen prior to 2013’s parabolic rally, which catapulted the leading cryptocurrency into the quadruple digits for the first time. As popular trader Nebraskan Gooner looks to, the current one-day chart formation is what BTC experienced prior to 2013’s rally from $200 to $1,200. If history is of any indication, Bitcoin could move higher by 600% from here, moving to $50,000 in a short period of time. Sure, this may sound illogical, but the cryptocurrency market is cyclical and rife with patterns after all. I'm usually pretty conservative on my #bitcoin views But… There is a a potetnail that we see something similar to what happened in 2013 I have reasoning which I can share either in a video or a thread at a later time Don't be the person trying to short this the whole way up pic.twitter.com/VeiEMtzdGc — NebraskanGooner (@nebraskangooner) May 19, 2019 At Last, Crypto Winter Is Over No matter where BTC heads in the short-term, whether it’s to revisit the region around its cycle lows as Tone Vays has suggested or to breach its $20,000 high in months’ time, many have concluded that the “crypto winter” is no longer. According to Thomas Lee of Fundstrat, there are upwards of thirteen reasons why winter for this fledgling ecosystem is long gone. Some of these important reasons include the fact that Bitcoin quickly returned to $8,000 after the $1,700 dump on Bitstamp; the Bitcoin Misery Index passing above 89, a sign only seen in bull markets; a grow in on-chain activity and volumes, which historically have preceded rallies; and the fact that Bitcoin’s chart recently saw a bullish “golden cross” pattern” while BTC moved above its 200-day moving average in spectacular fashion. And most recently, Lee noted that the fact that Bitcoin futures contracts on BitMEX for June and September have begun to trade well above spot prices is the fourteenth sign that winter is over. The fact of the matter is, the underlying ecosystem, in the eyes of many, is much more mature than it was before, giving credence to the theory that the market is ready for a bull run. As Misir Mahmudov notes, since the market top of 2017, Bitcoin’s hash rate has swelled, the Lightning Network has seen a flurry of development, Fidelity has forayed into the Bitcoin infrastructural space, and there have been a series of positive technical developments. This might just make the “bull run even wilder”. Since top of the previous bull market: – Bitcoin’s hash rate grew by 240% – LN grew from 0 to 1000 BTC – Bitcoin’s dominance grew from 34% to 57% – Cash App started selling BTC – Fidelity bitcoin custody & trading – Multisig (Unchained, Casa) Next bull run will be even wilder. — Misir Mahmudov (@misir_mahmudov) May 20, 2019 Featured Image from Shutterstock The post Bitcoin Rebounds To $7,900, Why Analysts Expect Bullish Continuation appeared first on NewsBTC. View the full article
  5. hemendrasingh

    Is there a good time to buy cryptocurrency?

    There’s no right time to make an investment. You only have to consider your profit after investment, if you can get a profit of $10000 even after buying Bitcoin at $3000. what’s wrong with that? Don’t check the current price, see the potential Bitcoin has in upcoming years. This is the last year’s Bitcoin graph, 300% return. That time people were worried about buying BTC at $500, now they regret their decision of not buying Bitcoins at that time. Bitcoin will only go up from here! That being said, invest only if you can afford to lose that amount. Don’t sell your house to buy bItcoins.Bitcoin won’t disappoint you in the long term! Interested in buying Bitcoins, buy it from Coinbase.Coinbase is available in 32 countries. You can also buy cryptocurrencies using a credit card on Coinbase.
  6. By CCN: United Kingdom’s financial regulator, Financial Conduct Authority and the reporting center for scams and cybercrime, Action Fraud, have issued a warning following a surge in online Bitcoin and forex investment scams. Per the two bodies, Britons lost more than £27 million ($34.2 million) to fraudsters during the 2018/19 period. In 2018, reports on bitcoin and forex investment scams more than tripled to reach over 1,800 cases. The average loss for each victim during the 2018/19 period was £14,600 ($18,532). The scammers are employing social media platforms to promote these investment schemes. Typically, they are promising excessively high returns The post Lambo-Lusting Britons Lose $34 Million to Forex, Bitcoin Investment Scams appeared first on CCN View the full article
  7. Properly

    Properly - Algo & Prop trading

    Two weeks ago, we had a lossy week, and last week's capital curve is almost perfect. This shows that we have to look at trading only in the long term. A small part of the history can disrupt the true picture of the strategy.
  8. A fintech research institute established by China's central bank has posted several new job openings for blockchain talent View the full article
  9. thebutcher66

    LOCUS CHAIN

    So it means in this case we no need to register in any exchange ?
  10. Today
  11. A 33-year-old Australian IT contractor has been charged after he allegedly mined cryptocurrency on government computer systems. View the full article
  12. There was a glimmer of hope that the VanEck Bitcoin ETF would make history gaining SEC approval. Alas, that can got kicked down the road again until Aug 19 and the SEC wants its questions answered. VanEck Bitcoin ETF Decision Delayed as Expected To be fair, it was a pretty tenuous optimism that the VanEck Bitcoin EFT decision would be the first to be approved by the SEC. Pretty much the entire community was expecting it to be delayed. Industry-known attorney Jake Chervinsky tweeted out on Sunday night how minimal chances of approval were: 17/ So, heading into Monday, here's how I view the probabilities: – Delay: 75.0% – Denial: 24.9% – Approval: 0.1% I'll keep you updated as the process plays out. [end] — Jake Chervinsky (@jchervinsky) May 19, 2019 But then the Bitwise ETF proposal got delayed and there was no news on VanEck. People started to question what it meant. After all, this was not typical behavior from the SEC. All delays are usually bundled together. Moreover, SEC Commissioner Hester Pierce (fondly known as ‘Crypto Mom’) was speaking at Consensus, and major industry players announced their entry in the market. Could it mean the time was finally right? As expected, the SEC has delayed the VanEck bitcoin ETF proposal. Read the order here: https://t.co/OB3TBgVGwg. VanEck's new deadline is August 19. The SEC can & likely will delay one more time for a final deadline of October 18. Looks like this ended up the right explanation: https://t.co/bkzeVRt1Hg — Jake Chervinsky (@jchervinsky) May 20, 2019 Sadly not. It appears that it simply takes time for a bunch of bureaucrats in an office to type up a lengthy document. As Chervinsky stated: To be fair, the fact that the SEC delayed Bitwise and stayed silent on VanEck could mean nothing at all. However, there’s still some cause for celebration. After all, a delay is not a denial. And this time around, the SEC is actively taking steps to better understand the nature of what they’re regulating. The SEC Has Questions for VanEck The delayed decision has thrown up a lot of questions–14 to be precise–that have until mid-summer to be answered. Although, it’s actually more like 14 sections with sub-questions. Check out the full document to see the extent of the issue the SEC has over the VanEck Bitcoin ETF. There’s something like three or four additional questions in each section. In summary? It pretty much all comes back to the SEC’s fears of market manipulation. In fact, the words ‘manipulation’ or ‘manipulative’ appear no less than 18 times throughout the document. This seems to be the main concern, along with trading volumes and the viable size of the market. The SEC also wants to know how VanEck can be sure that bitcoin OTC exchanges are sufficiently regulated and transparent. What are commenters’ views on the extent to which each of these OTC platforms is regulated? What are commenters’ views on the extent to which each of these OTC platforms can, or does, conduct surveillance of bitcoin trading activity? It also has concerns over whether broker-dealers may offer fractional shares to retail traders: What are commenters’ views regarding whether brokerdealers are likely to offer fractional shares in the Trust to retail investors, permitting retail investment with a smaller financial commitment? The Takeaway? SEC Still Suspicious of Bitcoin The SEC is still suspicious of Bitcoin. In particular, its vulnerability to market manipulation. Whether these questions will generate approval or more questions and more delays is anybody’s guess. But the fact that the dialog is here is, at least, encouraging. As usual (and as expected), we’ll have to wait and see. Will the SEC eventually approve a bitcoin ETF? Share your thoughts below! Images via Shutterstock The post SEC Wants These Questions Answered After Delaying Another Bitcoin ETF appeared first on Bitcoinist.com. View the full article
  13. ruliafreelancer

    Bitcoin-exchange - обменник криптовалюты

    Уважаемые пользователи! На сервисе bitcoin-exchange.one вы можете проводить обмены вашей крипто и электронной валюты в различных направлениях по топовым курсам. А так же приглашаем всех желающих в ряды постоянных клиентов, которых мы всегда готовы поощрить скидками и индивидуальными условиями сотрудничества. Анонимность и удобные условия сотрудничества идут по умолчанию всем!
  14. rata_for

    WEENZEE

    ANNOUNCEMENT: WEBINAR IN ITALIAN ON MAY 21! The leaders of WEENZEE in Italy are back in business! A representative of the company Maurizio Pilloni holds regular webinars for all those who are interested in profitable and innovative projects. On May 21, the topic of the online lecture will be the psychological aspect of investing. read more https://weenzee.com/news/article-204
  15. By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency on the modified machine. The 33-year old IT contractor allegedly tweaked the federal government computers to optimize them for bitcoin mining. If found guilty, he faces a maximum of ten years in prison. Mining bitcoin at work In the months previous, police raided the man’s house, confiscating a laptop, smartphone, employee ID cards, and various computer files. The Australian Federal Police (AFP) say he took advantage of his trusted position The post Aussie Bitcoin Miner Retrofits Government Computers, Faces 10 Years in Prison appeared first on CCN View the full article
  16. A research institute at the Chinese central bank has just announced 29 job openings – three of which specifically focus on blockchain-related expertise. View the full article
  17. Elingtone

    BETTING, BITCOIN, SPORT, LUCK

    For the most part it is up to you. The fact is that a sports prediction can easily be true if you are based on the analysis of sports games, the behavior of teams in game seasons and things like that. Any bookmaker provides you with such information. See for yourself https://1xbet.gb.net/ .The only question is how you will dispose of this information. From this will depend on your winnings.
  18. US bitcoin and crypto exchange Kraken has raised over $6.5 million in a matter of days as part of a new equity sale, data has revealed. Kraken Fundraiser Hits $6.55M According to a fundraising page on BnkToTheFuture, which Kraken is using to gather the funds, investors have already contributed €5.87 million ($6.55 million) of the total €9.13 million ($10.2 million) target. In doing so, Kraken has thus passed its minimum threshold of €5,552,073 as of May 21. “We are always looking for ways to democratize access to our equity, allowing more of our valued clients to become valued investors,” officials commented on social media. “To that end, we partnered with (BnkToTheFuture) to create an opportunity to invest in Kraken[.]” CEO Jesse Powell, who was responsible for the BnkToTheFuture pitch, described Kraken as one of the top 5 exchange platforms worldwide for “legitimate” volume, with a client base of around 4 million. Its trade volume in 2018 – a bearish year for cryptocurrency overall – totalled $85 billion, while Kraken is “consistently ranked” as the most secure exchange, he added. A Bitcoin Exchange Renaissance The move comes as various major exchanges have begun performing fundraising activities of their own, albeit in varying formats. As Bitcoinist reported, Bitfinex, which lost control of funds worth $850 million last year, since opted to conduct a so-called ‘initial exchange offering’ (‘IEO’), during which it sold its new LEO tokens to private investors. Despite criticism about its operations and an associated legal case, Bitfinex was also easily able to hit its target, hitting $1 billion in investments in a matter of days. Elsewhere, corporate moves are also netting significant capital for the exchange sector. Last month, a Japanese blockchain fund invested $200 million in the operator of South Korean exchange Bithumb. Meanwhile, Bitstamp and fellow South Korean platform Korbit could soon come under the direct ownership of Disney Corp. should a separate equity deal involving a giant $13.2 billion sum go ahead. The enthusiasm is unsurprising amid the turning tide on cryptocurrency markets in 2019. While 2018 even produced losses for some exchanges – such as that operated by Japan’s GMO Internet – record on-chain volume in May provides ample opportunity for industry players to expand their profile. In February, when Bitcoin price 00 still lingered around $3500, statistics nonetheless revealed that the deposits on the five biggest exchanges combined still equalled less than 1 percent of those in JPMorgan Chase. What do you think about Kraken’s equity fundraiser? Let us know in the comments below! Images via Shutterstock, Bitcoinist archives The post Bitcoin Exchange Kraken Raises $6M Equity Funding In 2 Days appeared first on Bitcoinist.com. View the full article
  19. Demdor

    BETTING, BITCOIN, SPORT, LUCK

    I am a completely unlucky person. That is why I earn everything by hard work. With luck, I am clearly not lucky in this life.
  20. September

    BETTING, BITCOIN, SPORT, LUCK

    Betting, bitcoin, sport, luck ... How often do you get lucky in this?
  21. By CCN: Game Of Thrones is over. Chances are the emotion you are feeling is frustration and betrayal. Here are the five things biggest things that made the GoT Finale the worst disappointment in TV history, 1. Drogon Should Have Killed Jon Snow In Jon’s final moments with Dani, the elephant in the room was a dragon. Why would the extremely emotional fire-breather take out his rage on the castle wall and an inanimate iron throne after sniffing the dagger and realizing its owner was Snow? Yes, he can’t burn him, but he has 100 different ways to squash or The post 5 Reasons Game Of Thrones Finale was the Worst Letdown In TV History appeared first on CCN View the full article
  22. Fundstrat Global Advisors’ Tom Lee is on a world tour. No, he isn’t pumping out pop songs or signing books. The Wall Street analyst is touting the good word of Bitcoin, and why the cryptocurrency market is ready to be catapulted into its next bull run, expected to be the biggest yet. Most recently, Lee, who became prominent in the digital asset space after becoming the poster child for Bitcoin optimism in 2017, appeared on Yahoo Finance to elaborate on why BTC is and will do so well. This is the umpteenth time he has made a Bitcoin-related appearance on mainstream media in the past six weeks. Behind The Recent Bitcoin Boom During a Monday segment of “On The Move”, Lee sat down, clad in his navy-blue suit, to try and reason why Bitcoin has been outperforming traditional assets as of late. He suggests that much of the recent move has a lot to do with uncertainty on the geopolitical and macroeconomic stage, which has recently been slammed by the ongoing U.S.-China trade war, Brexit, and the financial collapses of Venezuela, Argentina, and other nations. The Fundstrat co-founder notes that Bitcoin is acting much like “digital gold”, giving investors a chance to hedge their bets against crisis with a revolutionary asset that is digital through scarce. He isn’t the first to have suggested that the recently geopolitical trends have been a tailwind for Bitcoin and its ilk. A report from the South China Morning Post recently pointed out that after Donald Trump, the president of the U.S., announced tariff changes on Chinese imports, BTC began to rally. Simultaneously, the yuan purportedly fell to its lowest level in six months, as China looked to move against Trump. Garrick Hileman of Blockchain.com told the outlet that the Yuan has traded inversely to Bitcoin in the past. And most recently, Barry Silbert, the chief executive of industry conglomerate Digital Currency Group, told Fortune’s “Balancing The Ledger” that in this trade war, Bitcoin is acting as a “non-correlated asset”. He looks to Brexit news correlating with movements in the BTC market to further illustrate his point that this move may have much to do with geopolitical and macroeconomic tensions. Lee’s points, along with those made by his colleagues, can be contrasted to those made by Erik Voorhees, the chief executive of ShapeShift. Last week, we reported that Voorhees suggested to Bloomberg TV that the recent move is a result of investors across the board coming to the conclusion that the bottom is finally in, and have begun to scale into the market as a unit. Why Is Crypto Winter Over? Let’s say that the geopolitical strains die down, does that mean BTC will return lower again? According to Lee, likely not. In fact, he asserted that by many measures, “crypto winter” is over, no questions asked. In a recent Twitter post, the Fundstrat representative gave 13 reasons why the bear market is over. Some of these important reasons include the fact that Bitcoin quickly returned to $8,000 after the $1,700 dump on Bitstamp; the Bitcoin Misery Index passing above 89, a sign only seen in bull markets; a grow in on-chain activity and volumes, which historically have preceded rallies; and the fact that Bitcoin’s chart recently saw a bullish “golden cross” pattern” while BTC moved above its 200-day moving average in spectacular fashion. After a disturbing pullback to ~$6,200, #Bitcoin back >$8,000 further cementing positive trend intact. As we said a few weeks ago, Consensus 2019 @coindesk was to prove whether crypto winter is over… …confirmed pic.twitter.com/M8ni4g2YvX — Thomas Lee (@fundstrat) May 19, 2019 And most recently, Lee noted that the fact that Bitcoin futures contracts on BitMEX for June and September have begun to trade well above spot prices is the fourteenth sign that winter is over. And from here, the analyst expects for BTC to post new all-time highs by 2020. The post Fundstrat’s Tom Lee Takes Victory Lap, Claims Bitcoin Bull Run Could Be Biggest Yet appeared first on Blockonomi. View the full article
  23. Bitcoin has been getting all the attention recently as it has doubled in price since early April. The big move has shifted total market capitalization over $250 billion for the first time in ten months. Ethereum has been a little slow to catch up but it has finally done so and is now approaching a critical point. Which way will ETH go? Ethereum’s Bull Pennant ETH has been in a steady uptrend for the past four months, over doubling from a February low of just over $100 to its current price. It did stall at around $170 for the best part of April, however, as Bitcoin roared away with all the gains, increasing its dominance to a 17 month high of 60 percent. For the past ten days or so Ethereum has finally lifted off breaking through that resistance at $180 and surging to a 2019 high of $270 on Thursday last week. Daily volume spike to an all-time high of almost $19 billion and ETH trade was roaring. Last week Coinbase recorded the highest weekly Ethereum trading volume since 2017. In the exchanges’s two most popular ETH markets (ETH/BTC and ETH/USD) a combined total of 3,675,570 units of ETH was traded from May 13 to 19, which at current market prices around $250 has a notional value of over $918 million; its highest total in a week since mid-December 2017. Since last week ETH has remained over $230 and has pushed back up to $250 where it has been trading for the past couple of days. The difference this time is that Ethereum is not being used for ICO investment but being accumulated by investors. Long time crypto trader ‘CryptoFibonacci’ has been looking at the charts noticing the formation of a bull pennant; $ETH Daily Chart. Bull pennant. Stay tuned.#ETH pic.twitter.com/OVATRLX7n1 — CryptoFibonacci (@CryptoFib) May 21, 2019 A break out usually occurs when the end of this triangle is reached and looking at the longer term trend it is likely to be to the upside. The bigger picture, however, shows ETH at the top of a rising wedge which indicates heavy resistance at this level. What About Fundamentals? Rival projects such as EOS and Tron, in addition to Bitcoin maximalists, like to constantly bash Ethereum. In the opposing corner are altcoin aficionados such as ‘Ambroid’ who recently updated a tweet pointing out; “Updating thread after 5 months. A total of 187623 $ETH Token Contracts found. That’s an 18% increase from 158265. Slowing down in %, but the absolute numbers are still massive. Uncontested leader.” Updating thread after 5 months. A total of 187623 $ETH Token Contracts found That's an 18% increase from 158265. Slowing down in %, but the absolute numbers are still massive. Uncontested leader.https://t.co/tBhB1Xaayt DappRadar lists 1487 Dappshttps://t.co/39Gn7AlmK8 https://t.co/up2OpH04Sc — Ambroid (@anambroid) May 20, 2019 Scalability has been an issue for the Ethereum network but that will all be addressed in the Serenity upgrade which will bring in sharding, proof of stake, and a new virtual machine. The phased update will begin later this year according to the roadmap. #ETHSerenity is around the corner. Check out #Ethereum's past and its upcoming upgrades on the road to Serenity. https://t.co/VGK9chyXvu pic.twitter.com/AVCVWiPkGV — ConsenSys (@ConsenSys) May 20, 2019 Ethereum prices are unlikely to remain this low for long, especially when considering what is in store for the project technically. Image from Shutterstock The post Ethereum Still Bullish With Record Trading Volumes and Solid Fundamentals appeared first on NewsBTC. View the full article
  24. additude

    Starter Coins for Beginners

    Taking into account the BOINC REC Scheduler, depending on circumstances it can take as few as 11 days and up to 21 days for the Scheduler to balance out the projects work load. Those circumstances are time, how many attached projects, the percentage/severity of change between projects. If you have one project attached, you should have consistent reliable results in a week to 10 days. Don't forget, first you have to finish the work unit and send it back to the project server where its results need to be compared to it's twin and then credit awarded by the project server and then the Gridcoin Pool or Solo needs to record those credit rewards... So it can "be a process" to receive the rewards and that process can add an undetermined amount of time from starting on a work unit until the time that you are actually rewarded for it and have results that you can see.
  25. Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA. View the full article
  26. Despite the fact that Bitcoin (BTC) is seemingly out of a bear market, the underlying cryptocurrency industry has still been susceptible to bad news. Just weeks ago, Binance was revealed to have lost $40 million worth of BTC and iFinex, the parent company of Bitfinex and Tether, came under legal fire. And most recently, the U.S. Securities and Exchange Commission (SEC) has revealed it will not be approving a Bitcoin exchange-traded fund (ETF) proposal from VanEck and SolidX, and will instead by delaying its verdict. Although this news would have killed the vibe in 2017 and 2018, the market has been widely unfazed by what some call a “non-event.” Verdict Delayed On VanEck’s Bitcoin ETF In a document filed by the SEC on Monday, the agency revealed that it will be exercising its right to delay its decision on the VanEck proposal by 90 days, setting the next deadline to August 19th. The agency cited concerns such as there being not enough infrastructure to prevent “fraudulent and manipulative acts and practices”. No specific examples were given, but the SEC was likely triggered to deny such an application after seemingly one entity triggered a $1,700 flash crash last week, and after Bitfinex was revealed to potentially be illiquid. This news comes just a few days after the SEC issued a similar verdict on a similar application from Bitwise, which is also looking for a regulatory stamp of approval on its crypto-backed fund. As expected, the SEC has delayed the VanEck bitcoin ETF proposal. Read the order here: https://t.co/OB3TBgVGwg. VanEck's new deadline is August 19. The SEC can & likely will delay one more time for a final deadline of October 18. Looks like this ended up the right explanation: https://t.co/bkzeVRt1Hg — Jake Chervinsky (@jchervinsky) May 20, 2019 Harrowing as it may seem though, these regulatory maneuvers were entirely expected. Jake Chervinsky, a crypto-specializing lawyer formerly of Kobre & Kim, explained this weekend that the cryptocurrency market isn’t ready for a regulated product. He points to the fact that in the order delaying the Bitwise verdict, SEC staffers mentioned the nature, efficiency, and manipulative susceptibility of the Bitcoin market, hinting that the fact that it is far from amicable towards current conditions. The document then goes on to reference the Bitwise report that 95% of all spot Bitcoin volumes are fake, which was meant to comfort the SEC, not irk it. Long story short, the SEC wasn’t expected to be ready to delve headfirst into cryptocurrency, despite the developments that have been made in terms of custody, surveillance, and overall market maturity. These cynical expectations have allowed the space as a whole to shrug off this recent news, almost as if nothing has happened at all. Sentiment is still running high, in other words. Gabor Gurbacs, a digital asset strategist at VanEck, said that his firm’s push towards creating “better-regulated, safer, and more liquid” digital asset markets will not cease with this news. Others simply pointed out that BTC has actually rallied by 5% since the SEC’s latest comment, accentuating that this news hasn’t hampered this market in any way. as trader “Mr. TA” writes, “Now that the ETF nonsense is out of the way, I think the markets are free to move up again.” The VanEck SolidX #Bitcoin #ETF decision has been postponed by the SEC. We continue the hard work towards better-regulated, safer and more liquid digital assets markets. Bitcoin is too big to ignore. Vires in numeris! Public document and timelines: https://t.co/F9cV95CHKN pic.twitter.com/hgyhVE0nJr — Gabor Gurbacs (@gaborgurbacs) May 20, 2019 Do We Even Need An ETF? This begs the question — do we even need a Bitcoin ETF at this point? Likely not. The thing is, the cryptocurrency market is getting financialized with or without an ETF. As popular commentator “The Don” draws attention to, soon, millions of common consumers will be able to purchase Bitcoin and other digital currencies directly from their TD Ameritrade and E*Trade accounts, barring that the rumors are false of course. They can delay our ETF, but they can't delay the progress we've made in the last 6 months. Soon millions of folks will be able to buy directly from their Ameritrade account. $BTC — The Don (@DonnyCrypto) May 20, 2019 More importantly, Bakkt, the cryptocurrency play backed by the NYSE’s owner, is expected to launch its physically-backed Bitcoin futures contract in July. While this isn’t an ETF per se, many expect for this product to have a similar positive effect on the underlying cryptocurrency market as an ETF. There is still hope for an ETF though. As reported by Decrypt Media, SEC Commissioner Hester Peirce told conference-goers at Consensus, New York that now, or even one year ago, is the right time for an ETF. The fact that the cryptocurrency ecosystem has an “inside woman” does bode well for ETFs, just give it some time. The post Crypto Community Unfazed By Delay Of VanEck’s Bitcoin ETF appeared first on Blockonomi. View the full article
  1. Load more activity

Cryptocurrenytalk Logo

 

News, information, and discussions about cryptocurrencies, blockchains, technology, and events. Blockchaintalk is your source for advice on what to mine, technical details, new launch announcements, and advice from trusted members of the community. Cryptocurrencytalk is your source for everything crypto. We love discussing the world of cryptocurrencies.

 

   
×
×
  • Create New...

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.