Where do things stand with the tech overhaul of the world’s second-largest blockchain? We took the question to ethereum creator Vitalik Buterin at ETHDenver last weekend. Here’s what he had to say: Eth 2.0 is the next iteration of the ethereum blockchain, incorporating novel protocol designs such as proof-of-stake (PoS) and sharding. Last December, Buterin released a blog post on ways to speed up the launch of Eth 2.0, which has been in the works for years. PoS consensus algorithms reward cryptocurrency investors for holding the network’s native currency. Holding…
Day: February 20, 2020
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform. After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has launched the product to settle select United States-listed equity trades between the two broker-dealers, Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet, according to a Feb. 20 announcement. Paxos to apply with the SEC for clearing agency registration later in 2020 As reported, Paxos Settlement Service is being launched under no-action relief from the U.S. major financial…
Kylie Jenner Is on a Reckless Trademark Rampage and Must Be Stopped
Kylie Jenner is in a trademark war over her baby’s name. In this case, the company opposing Jenner’s trademark application for “Stormi Couture” may be in the wrong. But something must be done about Kylie’s manic trademark obsession. Kylie Jenner has run into legal opposition as she schemes to trademark the entire English language. Okay, maybe she’s not taking it that far. But she is taking it to absurd levels. She’s even tried to trademark “Rise and shine,” for goodness’ sake. The youngest sibling of the Jenner-Kardashian reality television dynasty…
Watch Chartist Dan McDermitt Debate Analyst Ronnie Moas on Why Trading Can Beat Hodling
This week, technical analyst Dan McDermitt of The Chart Guys educational platform debates Standpoint Research founder Ronnie Moas on trading versus holding. Can traders really outperform a simple buy and hold Bitcoin investment strategy? McDermitt sees trading as a profitable route. “Had I just bought and held, I would be doing a lot more poorly than my current trading,” he said. McDermitt said trading over the past two and a half years has netted him between 3,000% and 5,000% in profits, whereas simply buying and holding Ethereum would have only…
This 90-Year-Old Indicator Says Bitcoin Uptrend Is Just Getting Started
The moment all crypto investors have been waiting for may finally be upon us: Bitcoin is about to enter a new bull market. And while market participants have been saying it for some time now, this indicator first developed in the 1930s and still popular today points to Bitcoin’s new uptrend only just noq beginning, despite an already over 40% return year-to-date. 90-Year-Old Technical Analysis Indicator Signals Buy on Weekly Timeframes Using technical analysis to chart across multiple timeframes is common practice for all types of traders, crypto, Bitcoin, or…
Top Cryptocurrencies Are Exponentially More Liquid Than Ever Before
With increasing speculation in the crypto community that cryptocurrency markets are on the cusp of the next major bull season, it can be easy to lose sight of the maturation that the crypto ecosystem has undergone to get to the present moment. When comparing the current crypto markets against the climate preceding the previous bull run, many top markets have seen volume gains by a factor of multiple thousands, evidencing a significant expansion in market liquidity. Daily BTC trade up 519 times since 2017 As of Feb. 15, 2017, Bitcoin…
Meghan Markle & Prince Harry’s Shameful Brand Plot Hits a Royal Hurdle
Prince Harry and Meghan Markle stepped away from royal duties due to privacy concerns. Or so they claimed. Harry’s $1 million JPMorgan speech signaled the “coming out” party for Meghan and Harry’s new brand. Their plans have been disrupted by the Queen ordering them to stop using the Sussex Royal tag in their branding. It was all going so well. Meghan Markle and her real-life Prince Charming managed to negotiate their way out of royal life and the stresses that come with it. Not only that, they’d done so while…
Fidelity Is Still Looking for Bitcoin Mining Engineers
The Fidelity Center for Applied Technology (FCAT) is looking to find Bitcoin Mining Engineers for a “new business opportunity.” The proposal is coming from the team behind Fidelity Digital Asset Services (FDAS), the crypto trading arm of the financial giant. The recruit will support Fidelity’s mining operations, likely in reference to its partnership with Blockstream. The company was reported in June of 2019 to have leased two data centers from the Bitcoin (BTC) developers. Job description The company is seeking for a person with three to five years of experience…
Pop Smoke’s Death Reveals This Sick Fact About America
Rapper Pop Smoke was murdered this week. The American public is more interested in his death than his music. America’s recurring interest in death and suffering points to a fundamental sickness at the heart of modern society. Pop Smoke is dead. Shot in what appears to be a targeted hit, the 20-year-old rapper became the latest musician to die well before their time. His demise is a personal tragedy for all who knew him and a loss for rap music, no doubt. But the main lesson of his death isn’t…
Pop Smoke’s Death Reveals This Sick Fact About America
Rapper Pop Smoke was murdered this week. The American public is more interested in his death than his music. America’s recurring interest in death and suffering points to a fundamental sickness at the heart of modern society. Pop Smoke is dead. Shot in what appears to be a targeted hit, the 20-year-old rapper became the latest musician to die well before their time. His demise is a personal tragedy for all who knew him and a loss for rap music, no doubt. But the main lesson of his death isn’t…