Day: July 14, 2019

Trying the Hardware Wallet Backed by Binance Labs

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SafePal S1 Review: Inside the Crypto Hardware Wallet Backed by Binance Labs July 14, 2019 by William Peaster Some in the cryptoeconomy have argued QR code functionality is the best way to undertake airgapping in a cryptocurrency hardware wallet. The Binance Labs-backed SafePal team has put that argument into action with their new S1 wallet. Let’s see how the device stacks up against the competition. Also read: Donald Trump Is ‘Not a Fan of Bitcoin’ … or Facebook’s Libra Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts…

Top 5 Crypto Performers: BTC, LINK, XMR, BNB, XLM

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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. The market data is provided by the HitBTC exchange. Update: OKB, which was a sponsored coin in this section, has been removed. The total market capitalization of cryptocurrencies has dipped below $300 billion from over $380 billion on June 26. This shows that the sharp recovery from the lows is taking a…

Bitcoin Falls Under $10,400 as Major Altcoins See Double-Digit Losses

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Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 7.23%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $24.8 billion. The…

Wiki’s Co-Founder Larry Sanger on Internet, Blockchain and Knowledge

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Intellectual of the innovative industry, innovator of the concept of intellectuality, experimentator with technologies and educator by dedication, before co-founding Wikipedia in 2001, Larry Sanger studied and taught philosophy, being interested especially in epistemology — i.e., the science of knowledge.  It was in college that he started thinking of the internet as a potential way of decentralizing knowledge. His early project in this regard was a web forum for discussions between tutors and students, who could thus communicate outside the usual academic environment. Sanger explained: “The thing that drives me…

Defining Blockchain: US Senate Approves the Blockchain Promotion Act

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The United States Senate Committee of Commerce, Science and Transportation has approved the Blockchain Promotion Act. The bill moves the U.S. closer to a clear blockchain definition at a federal level. Bitcoin is a decade old now. The world is still struggling to accept its importance and potential. The denial by global regulators has left them unable to deal with the regulations and standards that the blockchain industry needs for a fairer and safer market. Providing a definition for blockchain is an important step in establishing what constitutes as a…

Japanese Crypto Exchange Bitpoint Loses $32 Million in a Hack and Ceases Operations

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When it comes to cyber-attacks on cryptocurrency service providers such as crypto exchanges, trading platforms, wallet service providers, etc. Japan has been quite prolific. Recently, another Japanese crypto exchange, Bitpoint, stopped its trading services due to a major cryptocurrency hack resulting in a loss of about 3.5 billion Japanese Yen ($32 million) worth of cryptocurrency, which includes popular cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ripple (XRP), etc. On July 11th, Bloomberg reported that the Japanese crypto exchange and trading service provider Bitpoint ceased all operations after losing $32…

The Winklevoss Brothers Recommend Zuckerberg to Cooperate with the Feds

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Despite their rocky relationship with Facebook CEO Mark Zuckerberg, the Winklevoss twins believe in Facebook’s bet on cryptocurrency, the two said in an interview with CNBC. They have always been vocal in their support of crypto and now they’ve come out in support of Facebook’s Libra. ″[Libra] is very positive for crypto, a company the stature of Facebook talking about crypto currencies demystifies the word and makes people feel a lot more comfortable,” said Tyler Winklevoss. The two brothers reportedly also had discussions with Facebook before the release of Libra…

Bitcoin (BTC) Price Weekly Forecast: Risk of Extended Drop To $8,880

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There was a major drop in bitcoin price after it broke the $12,000 support against the US Dollar. The price is currently holding the key $10,800 support area, but it remains at a risk of more losses. There was a break below a key bullish trend line with support at $12,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses towards the $8,880 level if there is a successful break below $10,800. Bitcoin price is holding the key $10,800 support area against…

Should Bitcoin Fall to $10,600, a Move Under $10,000 is Likely

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Bitcoin Price Outlook Hours ago, Bitcoin was trading at $10,800, down over 5% on the day as a result of overwhelming sell-side pressure. But, all of a sudden, the cryptocurrency bounced, gaining around 4% in minutes. And as of the time of writing this, BTC sits at $11,300, down 2% in the past 24 hours. What levels should investors be watching out for? Well, according to Jacob Canfield, a popular trader, all eyes should be in and around $10,600 right now. This level is where Bitcoin’s 200 exponential moving average (EMA) meets…

Ethereum Price (ETH) Holding Crucial Support: Next Key Break Nearby

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ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to recover as long as it is trading above the key $260 support area. Ethereum price is struggling to recover after a massive decline against the US Dollar and bitcoin. ETH…