Month: May 2019

Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers Thousands of Pre-Launch Signups

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On June 4, Bitcoin.com is gearing up to launch our peer-to-peer trading platform Local.Bitcoin.com. After the exchange was announced, the public were invited to create their accounts and place orders. So far the exchange has seen a huge swarm of interest, with over 4,500 signups to date. Also read: Bitcoin.com Celebrates 4 Million Wallets Created Local.Bitcoin.com Pre Launch Accounts Surpass 4,500 The development team behind Bitcoin.com’s Local.Bitcoin.com exchange has been very busy getting ready for the platform’s grand opening. In about a week’s time, on June 4, the peer-to-peer trading…

Litecoin Metrics & Price Are Strengthening but Is It Too Much, Too Fast?

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By CCN: As the bitcoin price barrels toward $9,000, the cryptocurrency community is riding high. Litecoin Creator Charlie Lee is among them, retweeting a meme from 2017 when the bitcoin price was nearing the $9K level for the first time ever. Now that bitcoin’s seemingly on its way back and beyond, other cryptocurrencies are also enjoying a bull run – including Lee’s Litecoin. LTC has added nearly 13% in the last 24 hours alone, bolstering the per-coin price to $115 on trading volume of roughly $7 billion. Litecoin Foundation Director…

China’s Cryptocurrency Rankings | EOS Comes Out on Top

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EOS still maintains the top spot in China’s cryptocurrency rankings list. The superpower updated its list last week, proving that EOS is still the favorite. Bitcoin has climbed up three places and now sits in 12th position. Considering Bitcoin is up 10% to press time and approaching the $9k mark, its a wonder why it hasn’t ranked higher on the list. Well here’s why: China’s Cryptocurrency Rankings The rankings list assesses three criteria: technology, application, and innovation. The top five were as follows: EOS, TRON, ETHEREUM, STEEM, and ONTOLOGY. Despite…

China’s Cryptocurrency Rankings | EOS Comes Out on Top

boss

EOS still maintains the top spot in China’s cryptocurrency rankings list. The superpower updated its list last week, proving that EOS is still the favorite. Bitcoin has climbed up three places and now sits in 12th position. Considering Bitcoin is up 10% to press time and approaching the $9k mark, its a wonder why it hasn’t ranked higher on the list. Well here’s why: China’s Cryptocurrency Rankings The rankings list assesses three criteria: technology, application, and innovation. The top five were as follows: EOS, TRON, ETHEREUM, STEEM, and ONTOLOGY. Despite…

China’s Cryptocurrency Rankings Crown EOS, As Entire Market In Green

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EOS still maintains the top spot in China’s cryptocurrency rankings list. The superpower updated its list last week, proving that EOS is still the favorite. Bitcoin has climbed up three places and now sits in 12th position. Considering Bitcoin is up 10% to press time and approaching the $9k mark, its a wonder why it hasn’t ranked higher on the list. Well here’s why: China’s Cryptocurrency Rankings The rankings list assesses three criteria: technology, application, and innovation. The top five were as follows: EOS, TRON, ETHEREUM, STEEM, and ONTOLOGY. Despite…

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

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Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24. According to the post, the bad code was in effect by August 2018, and was only recently patched out as of May 23. The live code on the website is reportedly supposed to be open source and audited on GitHub, but there were differences detected between the two. After…

Gram dApp Devs Reveal Details of Telegram’s Secretive Blockchain

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By CCN: Button Wallet is slated to be one of the first decentralized applications to launch on Telegram’s new blockchain, Telegram Open Network (TON). The secretive project recently opened to beta development, and Button published a blog post detailing how it works currently. https://t.co/6ATLfLAKq5 @telegram #ton #blockchain — BUTTON Wallet (@ButtonWallet) May 26, 2019 Telegram Developers Are “Really Good” The blog post, in part, compliments the TON development team: “Right now [the] developing experience is a bit challenging and unfriendly. Lite client is written on C++ and looks like it’s…

European Bank Official Discusses Potential Benefits of Central Bank Digital Currency

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A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27. Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his speech at the Reinventing Bretton Woods Committee conference “Managing the Soft Landing of the Global Economy.” Vasiliauskas specifically considered whether CBDCs should be wholesale, retail, or both. Vasiliauskas stressed that CBDCs should serve as…

Bitcoin (BTC) On Verge Of Full-On Bull Rally If Historical Signal Has Merit

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Bitcoin Ready To Run Bitcoin (BTC) has finally begun another leg higher. After failing to surmount $8,300 for two weeks, the cryptocurrency suddenly burst from $8,000 on Sunday, rocketing to $8,900 in under an hour. With this, Bitcoin’s weekly chart, a great gauge of medium to long-term price action, saw four weekly candles in a row that closed above the 50-week moving average. While this doesn’t sound significant, analyst Nunya Bizniz notes that this series of events has never failed to initiate a bull run in Bitcoin’s ten years as…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 27

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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. Bitcoin is back at doing what it does best, break out and rally on weekends. It again made a decisive move during the weekend and is pulling the crypto markets higher. The total market capitalization of cryptocurrencies has topped $278 billion and is on…