Day: April 17, 2020

Crypto Telegram and Tweet Numbers Are Down, But There’s Hope Yet

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Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around. Joshua Frank, from analytics and finance management startup The Tie, told Cointelegraph nearly all cryptocurrencies saw a reduction in related Tweet volume from January 2018 to April 2020: “In January of 2018, Bitcoin’s 30-day average tweet volume peaked at just over 80,500 tweets per day. It has fallen 66% since that all-time high. That said, the majority of…

Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York

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Bitcoin (BTC) mining firm Riot Blockchain has entered into a deal to relocate a portion of its mining operations to a facility in New York operated by Coinmint. Riot claims to have assessed the risks associated with operating in New York amid the COVID-19 pandemic and determined that Coinmint’s “plug and play” infrastructure mitigates many of the concerns pertaining to coronavirus. The partnership comes amid thin profit margins for many United States-based mining companies resulting from the mid-March crypto market crash. Riot Blockchain relocates S17s to New York In a…

How Stablecoins are Harmful to the Price of Bitcoin (BTC)

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In brief: Stablecoin market capitalization has reached a whopping $8 Billion.  This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC).  With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the crypto market cap of stablecoins has reached a whopping $8 Billion further providing fuel to the question of whether such tokens/coins are harmful to the long term value of Bitcoin. Tether (USDT) alone, has a…

First Loan Ever Issued With Ethereum Domain Name as Collateral

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Rocket LP DAO, a 4-month-old loan provider that uses non-fungible tokens (NFTs) as collateral, issued a $1,000 loan this week, backed by only one Ethereum domain name — brantly.eth. The loan was issued for 90 days with a 15% interest rate and is the first loan to ever be issued with only an Ethereum name service domain name for collateral. Tweet: Rocket signs off the first ever domain name backed loan ⌨️🚀 – @ensdomains x @RocketNFT Loan– $1,000 of ETH loaned to @BrantlyMillegan– “Brantly.eth” is the collateral, also the loanee…

Researchers Highlight Privacy Issues With Lightning Network

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Researchers from the Norwegian University and the University of Luxembourg have published a research paper detailing an attack that can deanonymize transactions broadcast across Bitcoin’s Lightning Network.  The Lightning Network emerged as a controversial compromise from the Bitcoin (BTC) block limit and scalability debate. It’s a second layer solution that facilitates near-instant, low-cost Bitcoin transactions. Proponents claim it offers privacy by implementing segregated witness (SegWit). University students crack Lightning channel balances Four researchers from universities in Norway and Luxembourg including Bitcoin, along with Lightning community developer Ren Pickhardt, contributed to…

Ripple (XRP) Seems Ready For Another Leg Higher Over $0.19

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Ripple rallied recently above $0.1900 and $0.1910 against the US Dollar. XRP price is currently correcting gains, but it is likely to climb back above $0.1900 in the near term. Ripple price is showing a lot of positive signs above the $0.1840 support against the US dollar. A new weekly high is formed near $0.1935 and the price is currently correcting lower. There is a major bullish trend line forming with support near $0.1850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start…

Download Bitcoin mining software

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch a video – how to download and withdraw immediate 1 – Get daily on 4 Bitcoin 2 – It was updated until 2023 3 – easy to use 4 … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Spanish Researchers Try to ‘Flatten the Curve’ with Blockchain App

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A Spanish research team of more than 100 people is developing an app that uses AI and blockchain to predict the evolution of the COVID-19 pandemic and to help manage lockdown measures. The app, which has the support of the Institute of Biomedical Research of Salamanca and the Artificial Intelligent Research Institute, is currently at proof-of-concept phase. It uses blockchain to store and verify digital identities and licenses for individuals to perform certain tasks, such as returning to work or going to the supermarket during the lockdown period. Each identity…