Participating member states can stage their testnet nodes on hardware with specs roughly equivalent to a PC gamer’s tower. Source link
EU Outlines Tech Specs for Nodes in Its Blockchain Services Testnet
Day: July 28, 2020
Is Bitcoin Mining Legal in India? Miners Still Don’t Know
When Anshul Dhir got a 400% return on bitcoin in 2016, the Noida-based entrepreneur jumped in joy and decided to enter the world of digital currency. He left his government job and incorporated a startup named Qadcore to provide commercial mining facilities. His parents were baffled: ”Is crypto mining legal? How are you earning money?” Fast forward to 2020, and “Is crypto mining legal?” is still a live question in India. The industry has been hamstrung by a lack of clarity from regulators and frequent clampdowns on mining operations. In…
A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers
Austria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. A1 Telekom Austria Group is a leading provider of digital services and communications solutions in Central and Eastern Europe. Listed on the Vienna Stock Exchange, the company has about 25 million customers and over 18,000 employees. It currently operates in seven countries: Austria, Bulgaria, Croatia, Belarus, Slovenia, North Macedonia, and Serbia. The group announced Monday that…
Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations
Only $133 million in futures were liquidated on BitMEX as bitcoin soared above $11,400. Original
Bitcoin Smashed $11,000, But These Technicals Spell Trouble
Bitcoin is back in the cryptocurrency market’s spotlight after smashing through the infamous $10,000 resistance barrier. Data from Glassnode reveals that more than 763 million Tether (USDT) flooded multiple cryptocurrency exchanges while buy orders began to pile up. The massive capital influx allowed the flagship cryptocurrency surge and reach a new yearly high of nearly $11,500. Tether Inflow to Crypto Exchanges. (Source: Glassnode) Despite the impressive price action that Bitcoin has enjoyed over the last few days, multiple bearish signals are popping up. These may indicate that BTC sits in…
Deribit Reports Daily Record $539M of Bitcoin Options Traded, More Than Double Prior High –
Daily volumes for bitcoin options hit a new all-time high on Deribit, the exchange that shows no signs of giving up its market leader position. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Original
A Comparative Guide For Bitcoin Cryptocurrency Forecasting In Period 2017-2020
Whenever someone refers to blockchain development, cryptocurrency is the term that first comes into the mind. It has been more than a decade now when the cryptocurrencies first paved its way into the market. Call it an accidental innovation, the cryptocurrencies are now shaping up the market in its own way. Bitcoin development is a venture that most of the businesses are looking into. There are multiple benefits associated with it that you will be informed in this article. Also, it gives you a forecast on how the market is…
Almost 95% of Bitcoin Supply Flips Profitable as BTC Price Hits $11.4K
The vast majority of the Bitcoin (BTC) supply is now in profit after its price bull run to $11,400, data shows. Tracked by on-chain monitoring resource Glassnode, as of July 27, almost 95% of the Bitcoin supply is now worth more than when it last moved. Bitcoin profitable days hit 97.7% Monday’s figure almost matches the previous high set in June 2019, at the height of Bitcoin’s price surge which topped out at $13,800. Bitcoin percent supply in profit 3-year chart. Source: Glassnode This time, however, multiple factors differentiate the…
China and US Must Learn From One Another and Collaborate on CBDC
Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee on Libra. Zuckerberg and members of Congress had much to disagree on. One consensus that did emerge, however, was concern regarding China’s digital currency project. Zuckerberg noted: “While we debate these issues, the rest of the world isn’t waiting. China is moving quickly to launch similar ideas in the coming months.” Building on this, the U.S. Senate Banking, Housing and…
HEIDI Solves Modern Capitalism Problems
Place/Date: Switzerland – July 28th, 2020 at 1:48 pm UTC · 3 min read Contact: HEIDI, Source: HEIDI HEIDI is a Swiss-based crypto payment and utility token created to act as a stable and safe currency of this new circular economy. Analysts are referring to HEIDI therefore as the currency of Capitalism 2.0. HEIDI is an investment grade cryptocurrency and the first Swiss-domiciled sustainability investment token, whose value is tethered to a sustainable circular ecosystem for payment and utilisation. Problems of Modern Capitalism Capitalism is an economic system of production…