Day: June 26, 2019

Brave Teases Bitcoin Cash & New Crypto Funding for Browser Wallet

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Brave, the only notable browser with an associated Ethereum token, will soon support Bitcoin Cash and more. Co-founder and CEO Brendan Eich promised as much via Twitter. BCH and other funding choices coming in @Brave 0.68 (following up on https://t.co/XSSkZh1o2B). pic.twitter.com/KtZ6VwdVA2 — BrendanEich (@BrendanEich) June 22, 2019 Brave Expands Funding Options The funding option is apparently in demand, as Bitcoin Cash proponents want to see their choice everywhere Bitcoin is. Eich says it will be available in the upcoming 0.68 release. Eich had noted that BCH is coming in response…

Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims

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Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange, court documents filed on May 19 show. Joseph Jones and Peter Steinmetz have accused the ex-CEO of fraudulently and negligently misrepresenting the exchange. The pair also allege that McCaleb was aware of “serious security risks” back in late 2010 or early 2011 — more than three years before 850,000 bitcoin (BTC) was stolen in an audacious hack. Their complaint adds: “Rather than secure the exchange, McCaleb sold a large portion of his interest in…

Why The Current Bitcoin (BTC) Recovery is 3x Faster Than Last Crypto Cycle

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Five months ago, no one expected that Bitcoin (BTC) would be past $10,000. But here we are, on the verge of a potentially shocking, jaw-dropping bull run, marked by parabolic increases in crypto assets across the board. Related Reading: Bitcoin: After Pushing Past $11k, Analysts Believe BTC Could Climb Significantly Higher; Here’s Why Since bottoming at $3,150, the leading cryptocurrency has gained 250%, outpacing any other asset class known to man. This massive upswing is, according to some analysts, coming to fruition at a record pace. Yassine Elmandjra, the resident…

‘Future is Here’ Declares CEO as Binance Transfers $1.2 Billion For Under 2 Cents

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On June 26, about $1.2 billion in binance coin (BNB) has been transferred in 1.1 seconds with a $0.015 fee on the binance chain, reveals data published on WhaleAlert, a platform tracking significant transactions. Earlier today, CEO of major cryptocurrency exchange Binace, Changpeng Zhao, warned that big transactions should be expected. He explained that the exchange intended to split its BNB cold wallet in multiple addresses. After the transaction took place, Zhao cited some data about its cost and speed: “This transaction: cost $0.015 USD in fees, took 1.1 seconds,…

Opera Releases iOS Version of its ‘Blockchain-Ready’ Mobile Web Browser

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Norway-based internet browser company Opera has launched the iOS version of its mobile web browser, Opera Touch, according to a press release shared with Cointelegraph. Opera Touch reportedly supports the Ethereum (ETH) protocol and the Ethereum Web3 application programming interface (API). This means that the browser accommodates Ethereum-based decentralized applications (DApps) and all ERC-20 tokens, stablecoins, and non-fungible tokens (NFTs). The browser also is said to feature a cryptocurrency wallet for storing Ether, the “Opera Crypto Wallet.” Opera released the Android version of its mobile browser at the end of…

Focus on Bitcoin, Not Blockchain, Crypto Entrepreneur Proclaims

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Blockchain is misunderstood and focus should shift to bitcoin (BTC), the CEO of crypto microinvestment startup Amber wrote in an article for SmartCompany on June 25. In the article, Aleksandar Svetski argued that many corporations are embracing blockchain to look “hip,” even though the technology doesn’t deliver on the supposed promise of eliminating middlemen while providing security and immutability. He dismissed many of the so-called blockchain innovations unveiled by big businesses as advancements in data storage and business processes — and warned few of these improvements “will ever trickle down to benefit anyone other…

Ethereum Price Could Reach $900, Predicts Elliott Wave Analyst

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Benjamin Blunts, a popular crypto trader and Elliott Wave technical analyst has compared Ethereum movement in 2017 and now and found a striking resemblance between price actions. He believes that a new long-lasting bull cycle has begun. Lately, the top crypto Bitcoin has been enjoying incredibly rapid growth. In the last 24 hours, Bitcoin price has increased by over 11% and currently makes up $ 12,612 per coin, with $ 224,2 billion market cap. While many hope that BTC price surge indicates the beginning of a new long-lasting bull cycle,…

U.S. CFTC Greenlights LedgerX Bitcoin Derivatives Contracts

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The U.S. Commodity Futures Trading Commission (CFTC) on June 25, 2019, approved LedgerX LLC’s application seeking to establish itself as a designated contract market that would offer retail investors spot and physically-settled derivatives contracts that pay out in bitcoin (BTC). Bitcoin Paying Derivatives to Debut in July The U.S.-based regulated Bitcoin derivatives exchange and clearinghouse, LedgerX has earned the approval from the U.S. CFTC to offer retail investors Bitcoin paying derivatives contracts, including options and futures. Per sources close to the matter, the newly approved BTC derivatives contracts could make…

Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run

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The bitcoin price roared to a new 2019 high in the early hours of Wednesday, briefly touching $13,000 on the Huobi exchange. Bitcoin is now at levels not seen since January 2018 with a market capitalization of $224.7 billion. But where is the money coming from? Data from CoinLib reveals that BTC’s latest rally is […] The post Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run appeared first on CCN Markets Source link

6 Surprising Takeaways From Bitcoin’s 2019 Bull Run

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Bitcoin (BTC) rising above $10,000, $11,000 and $12,000 surprised everyone in 2019 – but the takeaways from this year’s surge makes for unbelievable reading. As Cointelegraph reported, this year’s bitcoin price action has little in common with 2017 – the last time a parabolic advance occurred. Instead, the current cycle is giving investors serious reasons to celebrate. 1. Bitcoin Already Quadrupled From its Bear Market ‘Floor’ Since November 2018, when turbulence from the bitcoin cash (BCH) hard fork hit markets, BTC/USD has recovered three times over.  At the time, the…