‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week

‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week June 23, 2019 by Jon Southurst A summit to discuss unified regulatory frameworks for the blockchain industry will run alongside this week’s G20 Summit in Osaka, Japan. The two-day “V20” conference on 28-29th June will include representatives from a number of blockchain trade organizations and digital asset exchanges. Also read: Facebook Disputes FT’s Claim that Libra is ‘Not a Proper Blockchain’ Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts V20 Blockchain Summit to Discuss…

‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week

‘V20′ Blockchain Summit to Coincide with G20 Leaders’ Meeting in Osaka This Week June 23, 2019 by Jon Southurst A summit to discuss unified regulatory frameworks for the blockchain industry will run alongside this week’s G20 Summit in Osaka, Japan. The two-day “V20” conference on 28-29th June will include representatives from a number of blockchain trade organizations and digital asset exchanges. Also read: Facebook Disputes FT’s Claim that Libra is ‘Not a Proper Blockchain’ Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts V20 Blockchain Summit to Discuss…

Bitcoin (BTC) to Find Resistance at $11,500, Analysts Suggest

Bitcoin Could Soon Stumble Into Resistance Bitcoin (BTC), as of the time of writing this report, has begun its next leg higher. The cryptocurrency sits at $11,200, finding itself up by 5% in the past 24 hours after entering a lull in the $10,600 range. Despite the continued bullish momentum, which many analysts have deemed a sign of “FOMO” influencing the crypto market, some believe that Bitcoin may soon run into some resistance. As pointed out by Nunya Bizniz, BTC is about to hit the ever-important 0.5 Fibonacci Retracement line,…

India’s Anti-Crypto Stance is Boosting its Bitcoin Trading Value

India is continuing its battle against cryptocurrencies. Nevertheless, after a supposed draft bill to ban cryptocurrency in India and up to ten years in jail for mining, holding, or using crypto, the government is not seeing the expected results. In fact, bitcoin is trading at a $500 premium on the largest local exchange, showing an increase in demand for the digital asset. Bitcoin at 500$ premium in India Indian exchanges have been unable to operate with local currency and banks are blocking all operations to purchase digital assets. Even exchange…

FOMO? Bitcoin Exchange BitMEX Saw Biggest Session Ever When BTC Broke $10,000

As much as “FOMO” is a meme in the Bitcoin (BTC) community, the fear of missing out seems to be an entirely real phenomenon. It’s been just a day since the cryptocurrency rocketed past $10,000, and data is already revealing that more money (and investors) are already flooding into these markets, ready to throw their hat into the crypto ring. Related Reading: Bitcoin: Analysts Call $11,500 Top For Latest BTC Surge, Will it Happen? This renewed interest is, in the eyes of some optimistic commentators, are a clear sign of…

Sharding, Explained | Cointelegraph

3. To explain sharding, let’s use the Ethereum blockchain as an example. The Ethereum blockchain is made up of thousands of computers, aka nodes — currently 8,622, according to ethernodes.org — each lending a certain amount of hash power to the network. It is this hash power that allows the Ethereum Virtual Machine (EVM) to function — i.e., to execute smart contracts and run decentralized applications (DApps). At the moment, Ethereum works on a sequential execution basis in which every single one of these nodes has to calculate every single…

Ethereum Co-Founder Criticizes Facebook’s Libra Token for Centralization

Ethereum co-founder Joseph Lubin said that Facebook’s Libra token is like “a centralized wolf in a decentralized sheep’s clothing” in an article published on tech news outlet Quartz on June 21. The social media giant released the white paper for a its cryptocurrency dubbed Libra earlier this month to mixed reviews from experts in the cryptocurrency and blockchain industries and concern from government regulators. In his article, Lubin notes that Libra’s white paper describes feelings common among many in the cryptocurrency community. It states that “sending money across the globe…

Bitcoin (BTC) Bull Run was Recently Validated by This Technical Signal

Sucker’s Rally or Bitcoin Bull Run? Earlier this week, legendary gold investor Peter Schiff claimed Bitcoin (BTC) has been experiencing a “sucker’s rally”. In an impassioned tweet, the hard money advocate — who has, for some reason, taken a disliking towards supply-capped and decentralized cryptocurrencies — postulated that due to the fact that the “bubble has already burst” for Bitcoin, this upswing is unlikely to continue. Others have also made similar suggestions, asking if BTC’s recent move past $10,000 was “one final pump” before the “Ponzi scheme” collapses. You see,…

Craig Wright Failed to Disclose Bitcoin Holdings in Court Case, Says Lawyer

The legal counsel for a plaintiff in a bitcoin (BTC) theft case involving Australian computer scientist Craig Wright, said that Wright — the defendant — failed to disclose his bitcoin holdings per court order. Devin Freedman of law firm Boies Schiller Flexner made his statements in a tweet on June 21. As Cointelegraph previously reported, in May a United States court ordered Wright to produce a list of his public bitcoin addresses as of Dec. 31, 2013. Freedman declared that, since he has not complied, “he remains under an order…

What Boosted Bitcoin (BTC) Past $10,000? These Analysts Think It’s Facebook Libra |

Over the past few weeks, Bitcoin (BTC) analysts have been wrestling with what has been pushing the cryptocurrency market higher. Some have said that this swing to the upside, marking the start of so-called “crypto spring”, was catalyzed by technical events; Others have looked to fundamentals. A recent analysis performed by The TIE, a crypto analytics provider, claims that BTC was, in fact, boosted by fundamental news. More specifically, the launch of Facebook’s digital asset purportedly boosted public sentiment regarding Bitcoin on a large scale. Related Reading: Bitcoin (BTC) Price…