▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Donald Trump issues an executive order preparing companies to get ready to mine on the moon for further space exploration. Merch – Podcast available on iTunes and Spotify, coming soon to all podcast platforms! ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Day: May 5, 2020
Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” The cryptocurrency entrepreneur analyzed bitcoin’s year-to-date performance against gold, oil, and private equity financing. He forecasts that BTC will continue to gain against other asset classes, post-halving, as fiat depreciates from stimulus packages. Morehead noted…
OMG, UH OH! 2 DAYS LEFT FOR XRP/RIPPLE & BITCOIN? SIGNS OF WEAKNESS | WHAT THIS MEANS FOR US
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I don’t accept donations, use that money to invest in yourself instead! If you want to support me, use any of the affiliate links below, also leave a like & SUBSCRIBE, that’s completely free. Thank you very much! Giveaway: DueDEX | Short & Leverage Bitcoin: $10 in BTC for signup $50 for first-time deposit of 0.1 BTC $100 FOR first-time deposit of 0.2 BTC Gain Access To All My Crypto Charts & Me Personally. Keep Your Crypto Safe! With the Ledger Nano…
Bitcoin’s Halving Incentivizes Miners to Sell for Double, Decred Co-Founder Says
Decred co-founder and project lead Jake Yocom-Piatt predicts that the coming reduction in Bitcoin’s (BTC) mining payout will have miners upping prices. “Since the Bitcoin halving means that miners will receive half as many Bitcoins for the same amount of work, this doubles the unforgeable costliness of creating Bitcoin,” Yocom-Piatt told Cryptox in a May 1 email, adding: “Miners’ costs are effectively fixed, so to maintain the same profit margins, they are incentivized to double the price at which they sell their Bitcoin. I expect this supply shock will drive the Bitcoin price up by moving…
Bitcoin’s Halving Incentivizes Miners to Sell for Double, Decred Co-Founder Says
Decred co-founder and project lead Jake Yocom-Piatt predicts that the coming reduction in Bitcoin’s (BTC) mining payout will have miners upping prices. “Since the Bitcoin halving means that miners will receive half as many Bitcoins for the same amount of work, this doubles the unforgeable costliness of creating Bitcoin,” Yocom-Piatt told Cointelegraph in a May 1 email, adding: “Miners’ costs are effectively fixed, so to maintain the same profit margins, they are incentivized to double the price at which they sell their Bitcoin. I expect this supply shock will drive the Bitcoin price up by moving…
COVID-19 Charity Concert Goes Live
Lockdown shouldn’t mean pop and lock-down. That’s just one takeaway from today’s free electronic dance music concert organized by The Giving Block and Multiplied to benefit charities on the front lines of the COVID-19 pandemic. The concert is live streamed on May 5th from 6 pm – 10 pm Eastern Time (10 pm – 2 am GMT) and features some of the most popular EDM artists in the club world — including blockchain advocate 3LAU, Grammy award-winner RAC, Kill Paris, and ill.Gates. 3LAU has remixed artists such as Rihanna, Katy…
Blockstream Satellite 2.0 Allows Users to Synchronize Bitcoin Node Without Internet Connection
Blockstream, the Canada-based distributed ledger technology (DLT) project dedicated to improving the Bitcoin (BTC) network, has announced the launch of Blockstream Satellite 2.0. The team says the latest upgrade comes with a standards-based transmission protocol, additional bandwidth, and coverage areas, while also allowing users to synchronize the entire Bitcoin node without an Internet connection, according to a blog post on May 4, 2020. Blockstream Bitcoin Satellite Gets Even Better Building upon the success of Blockstream Satellite 1.0, a first-of-its-kind satellite designed to provide over four billion people across the globe…
European Central Bank Calls for Proactive Stablecoin Regulation
In a recent in-depth report on global stablecoins, the European Central Bank, or ECB, pushed for clear regulatory parameters for stablecoins, citing risks as well as gaps in current regulations. “In order to reap the potential benefits of global stablecoins, a robust regulatory framework needs to be put in place in order to address these risks before such arrangements are allowed to operate,” the ECB wrote in its May 5 report. The deep dive sees potential, but not without risks The ECB’s report noted several benefits around international stablecoins, including…
Quant Network and Blockchain Interoperability | Feat. Ethereum, Cosmos, Komodo, Ripple, Ren
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io FIVE Key ingerdients for interoperability for enterprise. 1. We need integration with existing systems 2. We need to be able to initiate transactions on other networks and ‘rails’ 3. We need to be able to transact interchain with solutions on other technologies 4. We need to be able to transact intrachain with solutions on different deployments of the same technology 5. And we need to reduce buyer’s remorse by making it easy to interchange one underlying platform for another. For example: Imagine…
5 Reasons Why Institutional Investors Refuse to Join the Crypto Sector
For the past two years, crypto-media outlets and Bitcoin (BTC) advocates have placed heavy emphasis on the need for institutional investors to embrace the cryptocurrency sector. The oft-stated belief was that institutional inflow would lead to mass adoption and an incredible spike in the value of crypto-assets as a whole. Fast forward to the present, and the total cryptocurrency market capitalization has yet to reach the $750 billion all-time high seen in late 2017. The slow recovery of crypto prices raises a few hard to answer questions. If institutional funds…