Day: April 12, 2019

Lightning Torch Reaches Final Destination, Over 0.4 BTC Donated to Humanitarian Aid

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Charity-focused organization Bitcoin Venezuela tweeted on April 10 that the so-called Lightning Torch had reached its final destination, with all accumulated Bitcoin (BTC) donated to the group. By the time it got to the organization, the Lightning Torch had grown to exactly 0.4108021 BTC, which is currently equivalent to over $2,000. The Torch is an experiment first initiated by anonymous Twitter user Hodlnaut. The Lightning Torch is passed by sending the same BTC from user to user adding a little every time via the scalability solution, Lightning Network (LN). Bitcoin…

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 12

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The launch of the eagerly awaited platform Bakkt has been postponed a few times, but the firm has continued to focus on building its team. It recently hired a former engineering executive at PayPal and Google as its chief product officer. These appointments show…

Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

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How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the question explained that certain upcoming ethereum improvement proposals (EIPs) such as state rents would require multiple upgrades sequentially spaced out for full effect. Three months, however, in the eyes of Joseph Delong, senior software engineer at venture…

Tim Draper to Meet with Facebook to Discuss Investing in Rumored FB Coin

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Billionaire VC investor Tim Draper is planning to meet with Facebook execs to discuss investing in the social media’s rumored crypto project, Bloomberg reports April 12. According to the report, Draper revealed to Bloomberg that he is “interested to hear the story” around the project, claiming that he is ready to “see if it is a fit.” The move comes on the heels of recent news that the social media giant is reportedly seeking a $1 billion investment from various venture capital firms to develop its supposed cryptocurrency project. On…

Wikileaks’ Bitcoin Donations Soar After Arrest of Assange

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Wikileaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody. Also read: How Traditional Stock Markets Can Help Mainstream Cryptocurrency BTC Donations Reach $32,000 More than 6.3 BTC worth of donations to Wikileaks has been recorded from 272 transactions at the time of going to press. About $20,000 of donations poured in on April 11, when police dragged Assange out of the Ecuadorian embassy…

Wikileaks’ Bitcoin Donations Soar After Arrest of Assange

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Wikileaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody. Also read: How Traditional Stock Markets Can Help Mainstream Cryptocurrency BTC Donations Reach $32,000 More than 6.3 BTC worth of donations to Wikileaks has been recorded from 272 transactions at the time of going to press. About $20,000 of donations poured in on April 11, when police dragged Assange out of the Ecuadorian embassy…

No, Courts Cannot Force Changes, Ethereum (ETH) Bullish Above $170

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Ethereum prices up but bears may stage a comeback Decentralization effectively neutralizes threats Jimmy Song, a Bitcoin supporter, asked a question on matters touching decentralization and Vitalik answered him correctly. In a system with no attack vectors that to complete distribution, the will of the people wins. It may be why most projects launch their dApps from Ethereum (ETH) driving demand and prices. Ethereum Price Analysis Fundamentals Competition may be heating up. All the same, Ethereum is the indisputable king of smart contracts, and the native currency is the second…

Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

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Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment project MoneyTap on May 13, the bank announced on April 11. A subsidiary of Resona Group, the fifth largest banking group in Japan as of 2012, Resona Bank joined the project in October 2018, along with SBI Sumishin Net Bank and Suruga Bank. Launched on Oct. 3, MoneyTap payment service uses Ripple’s blockchain solution xCurrent, which claims to offer instant domestic bank-to-bank transfers. The project was co-developed by Japanese financial services giant SBI Holdings and blockchain firm Ripple, the firm…

Bitcoin (BTC) Analysts Split but Indicators Pointing at “Buy”

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Bitcoin prices stable above $5,000 Tyler Jenks of Lucid Investments thinks prices will drop towards $4,200 and even $1,000 Fundstrat’s Bitcoin Misery Index is at around three-year-highs meaning investors are loosening their money purses. Whether that will spur demand, driving Bitcoin (BTC) prices above $6,000 will largely depend on how prices react at $4,800 and $5,500. Bitcoin Price Analysis Fundamentals In a space brimming with FUD, scares, and hype, traders ought to be pragmatic and level-headed to avoid liquidating an undervalued asset at a discount. First, we should note that…

Ethereum’s Vitalik Buterin Parodies Himself in Bizarre Crypto Rap

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. At the Community Ethereum Development Conference (EDCON 2019) in Sydney, Australia, Vitalik Buterin set an interesting precedent for prominent crypto developers: he got on stage and rapped about Ethereum scaling.…