May 25, 2019

Bitcoin Prices May Surge But High Fees a Challenge

May 25, 2019 boss

Bitcoin up 9.5 percent High transaction fees will lead to financial exclusion In Jeff Garzik’s deduction, high Bitcoin fees, despite Lightning Network development, will, in the long run, slow down adoption. Meanwhile, Bitcoin is up 9.5 percent from last week’s close trading above $8,000. Bitcoin Price Analysis Fundamentals Jeff Garzik is one of Satoshi’s early collaborators. Together with Garvin, they are relentless in their advocacy for a trustless network. He diverged from Bitcoin and was an ardent supporter of Segwit2X, a scaling solution that failed to take off. Jeff now…

Bitcoin.com Launches Free Bitcoin Cash Register Platform for iOS Devices

May 25, 2019 boss

About a month ago, Bitcoin.com launched its free point-of-sale solution, Bitcoin Cash Register, for Android operating systems. This week our developers have released Bitcoin Cash Register for iOS mobile phones allowing any merchant with an Apple device to accept bitcoin cash payments. Also read: How to Use Bitcoin.com’s New Point-of-Sale Solution — Bitcoin Cash Merchant for Android Devices How to Set Up Bitcoin Cash Register for iOS Devices Bitcoin.com is all about spreading mass adoption of bitcoin cash (BCH). One way to bring the masses toward BCH is getting merchants…

Building XRP Use Cases, Will Stefan Thomas AMA Trigger a Ripple Rally?

May 25, 2019 boss

Ripple consolidating with caps at 40 cents After Kava and Switch, Stefan Thomas’ AMA may drive XRP prices Coil is a blogging platform monetize content, rewarding creators with XRP or USD. It is a creation of Stefan Thomas, a former employee of Ripple. In an AMA session, the community is waiting for gems that will probably spur participation, driving XRP above 40 cents. Ripple Price Analysis Fundamentals Stefan Thomas, the former Ripple Chief Technical Officer (CTO) and creator of the InterLedger Protocol, will hold an ask-me-anything (AMA) session on May…

EOS Developers Attempt 10% Buyback Ahead of Major Announcement

May 25, 2019 boss

Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while Michael Novogratz has already managed to secure a much more modest, though still profitable, 123% return. But why would Block.one buy its shares back in the first place? It appears that the startup’s executives are…

Major Swiss Telecoms Firm Swisscom to Distribute Tokenized Artwork

May 25, 2019 boss

Major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. The news was revealed in a press release published on May 22. Per the release, limited artworks — initially 100 works by 30 artists — from selected artists are exclusively available on the Swisscom TV box through the NOOW app. The app was developed by Swiss tokenization startup Dloop. The works have been chosen by Stefanie Marlene Wenger, who commented in the press release on the development: “This is about more than…

Crypto Market Remains Strong: Bitcoin Cash, BNB, EOS, TRX Price Analysis

May 25, 2019 boss

The total crypto market cap grinded higher and tested the $245.0B resistance area. Bitcoin price is currently consolidating near the $8,000 level. EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level. Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance. Bitcoin cash price is trading nicely above the $400 support area. Tron (TRX) price is slowly moving higher towards the $0.0292 and $0.0295 resistance levels. The crypto market cap is gaining bullish momentum, with positive moves in bitcoin (BTC) and…

Bitcoin Holds Over $8,000 as Top Altcoins See Minor Losses

May 25, 2019 boss

Saturday, May 25 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day. Market visualization courtesy of Coin360 Bitcoin is a fraction of a percent up on the day, trading at $8,025 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up about 9.4%. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap,…

Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?

May 25, 2019 boss

It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell for bitcoin? Will it steal its thunder or accelerate bitcoin adoption? Also read: Traders Are Now Banned From Using Localbitcoins Exchange in Iran Globalcoin: Coming Soon to a World Near You If Mark Zuckerberg had hoped to convince the world that he’s a normal guy, and not a…

Why the World’s Largest Bitcoin Exchange is Fighting a VC Behemoth

May 25, 2019 boss

Changpeng Zhao has filed a claim for compensation against Sequoia Capital (China) for unfairly preventing him from raising funds for Binance, which has since become the biggest crypto exchange in the global market. The chief executive blamed the venture capital firm for falsely accusing him of breaching exclusivity by initiating parallel discussions with a competition for equity. Zhao said that Sequoia received a December 2017 injunction order in an ex parte procedure without cautioning him, and consequently named him as a claimant in a notice for arbitration filed later in January 2018. 2/…

Why the World’s Largest Bitcoin Exchange is Fighting a VC Behemoth

May 25, 2019 boss