Day: July 26, 2019

Price Analysis 26/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

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A few altcoins are showing first signs of a turnaround. Can the recovery last or will it fizzle out at higher levels? 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. A new study by digital asset management fund Grayscale Investments shows that 83% of American investors are likely to invest in Bitcoin.…

MIT Fellow and NYU Math Professor Says Libra Copied Off Co-Authored Paper

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Alexander Lipton, a connection science fellow at the Massachusetts Institute of Technology (MIT) and adjunct professor of mathematics at New York University (NYU), has claimed that Libra’s white paper copied concepts for a coin proposed in his academic work.  Lipton co-authored the paper “Digital trade coin: towards a more stable digital currency” in 2018. In a July 26 interview with CoinDesk, Lipton said: “Without being particularly obnoxious, I can tell you that the actual structure of Libra is pretty much lifted verbatim from the paper which Sandy Pentland and Thomas…

Binance Coin (BNB) Uptrend Is Solid, Prices May Rally Ahead of WINk IEO

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Binance Coin is down 2.1 percent in 24 hours WINk, previous TRONbet, will be crowdfunding from the Binance Launchpad The integration of the Kyber Network liquidity protocol with the Trust wallet is a bullish signal for investors. Furthermore, the crowdfunding of WINk from the Binance Launchpad will draw demand for BNB. At the time of writing, the coin is stable but down 2.1 percent in 24 hours Binance Coin Price Analysis Fundamentals Months after acquiring the non-custodial Trust Wallet, Binance, the world’s largest exchange by adjusted trading volumes, is now…

Cardano’s Development on Track, ADA Revival Could See Prices Rally to 10 Cents

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Cardano (ADA) prices are oscillating below 10 cents Shelly is the Reward Era. Cardano is right on track, building towards Voltaire Shifting from Byron to Shelly, Cardano is firm on their roadmap. Promising to be efficient, the migration of blockchain projects from competing platforms to Cardano will draw demand for ADA. In that case, ADA will likely print higher above 10 cents. Cardano Price Analysis Fundamentals Blockchain is said to be the base of the next revolution. Complementing other developments as machine learning and artificial intelligence, it will mastermind the…

Biggest University in Western Australia Accepts Bitcoin for PhD Program

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Curtin University, the largest university in Western Australia with over 58,00 students, announced the launch of a cryptocurrency PhD program on July 23, 2019.  Curtin University Accepts Bitcoin, Ethereum The Cryptocurrency PhD Scholarship Fund will allow companies and individuals to help PhD students studying  blockchain, cybersecurity and data analytics through cryptocurrency funding.  Focused on cryptocurrency and blockchain technology, the higher education program will be entirely funded through bitcoin or ethereum, which school officials say will help popularize cryptocurrencies as a payment method.  Curtin University Associate Deputy Vice-Chancellor Research Excellence Professor…

Bitcoin (BTC) Price Drops 7% Due to Weak Technicals, Intensifying Sell Pressure

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Bitcoin (BTC) is down 7.7 percent from last week’s close. Steven Mnuchin, the U.S. Secretary of Treasury, is calling for unity amongst regulators. The U.S. Attorney’s Office of the Southern District of New York has charged Jon Barry Thompson of Volantis Escrow Platform LLC, for lying and stealing $7 million from clients. Meanwhile, BTC prices are consolidating above $9,500. Bitcoin Price Analysis Fundamentals The principal owner of Volantis Escrow Platform LLC, Jon Barry Thompson, has been charged by the U.S. Attorney’s Office of the Southern District of New York for…

Fresh Out of Jail, John McAfee Now Wants Boris Johnson’s Job

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After two arrests in one week, John McAfee says he wants to run for President of the United States and Prime Minister of the United Kingdom simultaneously. McAfee: ‘I am one of the few’ On July 26, the same day when McAfee revealed his “record” second arrest in a week, the U.S. presidential candidate expressed his intention to run for UK Prime Minister too, stressing that he is one of the few people still alive who could qualify. The well-known Bitcoin (BTC) bull and cybersecurity pioneer tweeted: “Can a person…

Novogratz Predicts $20K Bitcoin in 2019 as Galaxy Digital Gets IPO Nod

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Galaxy Digital CEO Mike Novogratz argued that institutional interest would push Bitcoin (BTC) price back to its all-time highs of $20,000 before the end of 2019. Novogratz delivered his comments in an interview with Bloomberg on July 25.   Speaking about where Bitcoin price will be going by the end of the year, Novogratz recalled the coin’s significant move from $4,000 to almost $13,500, further projecting that the price will likely consolidate in the range between $10,000 and $14,000. Novogratz thus reiterated the prediction he made in late June. He said…

Investors Inexplicably Keep Throwing Cash at Elon Musk

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Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in his Boring Company. Elon Musk Distracted by Boring Company Why is Elon Musk using Tesla shareholder time on The Boring Company and SpaceX? And why aren’t those shareholders complaining? Even worse, guess where that $120 million partially came from? Steve Jurvetson, who has a seat on…

Newegg Extends Bitcoin Payment Option To More Countries

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Tech-focused e-retailer Newegg extended the Bitcoin (BTC) payment option for its online customers in 73 additional Newegg country-specific stores. Newegg has been offering this facility to its customers in the U.S. and Canada for the past five years in partnership with Bitcoin payment processor BitPay. The retailer has a reach of more than 80 countries in Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers consumer electronics, entertainment, smart home and gaming products for online purchase. In July 2014, Newegg partnered with BitPay to facilitate…