AMBCrypto: Ethereum [ETH/USD] Technical Analysis: Coin enjoys the bull ride ahead of Constantinople hard fork
1 take place on block #7080000 around January 16, 2019, and recently gained the support from Binance, one of the top cryptocurrency exchange platforms in the world. According to CoinMarketCap, at press time, Ethereum was trading at $155.31, with a market cap of $16.81 billion. The cryptocurrency records a trade volume of $2.89 billion and […] The post Ethereum [ETH/USD] Technical Analysis: Coin enjoys the bull ride ahead of Constantinople hard fork appeared first on AMBCrypto.
There are a number of crypto bill pay services available. Their fees range from mild to wild. Which one offers you the best value? Learn more here. The post Crypto Bill Pay Services: Shop Wisely and Watch Out appeared first on CoinCentral.
CoinTelegraph: Crypto Is Tightening Up Its Anti-Money Laundering Game, While Banks Are Still Being Fined for Non-Compliance
Morgan Stanley fine reveals that it’s the financial industry that has a problem with money laundering, not crypto
Bitcoin (BTC) is waiting for direction as the bear market has finally come to an end. It may still take a long time for the price to recover, but the downtrend seems to be over for now. The S&P 500 (SPX) points to a similar situation in the stock market. Trade war tension between US and China is beginning to alleviate and the market seems ready for a buy back season. That being said, the recent decline in Apple’s stock has sparked a new wave of fear in the market and investors seem more convinced than ever that the market is close to topping out. The stock market has not seen a major decline since the last financial crisis. However, it is quite close to seeing one if things remain the same. The most likely scenario at this point is that the stock market will begin to rally in the months ahead but it will be a very slow and boring rally. Most investors are likely to flock to cryptocurrencies to ride the waves and interest in traditional stocks, bonds and indices is going to decline. That being said, the S&P 500 is expected to end the year above 3,000 which means there is still plenty of room for growth. With the market turning bullish again, investors will feel more confident buying cryptocurrencies in the months ahead. The S&P 500 points to a rally till mid-2020. This will be the time when we should see interest in Bitcoin (BTC) and other cryptocurrencies at its highest. Chart for BNC:BLX – Brave New Coin Liquid Index For Bitcoin (1M) It is interesting to see that Bitcoin (BTC) and the S&P 500 have exhibited a strong correlation at key turning points. However, as the cryptocurrency market matures, we are likely to see that correlation fade away. If the cryptocurrency market crosses a trillion dollars in combined market cap, we are very likely to see it behave as a less dependent market. This means that we could see investors turning to cryptocurrencies in the hopes of making higher returns on investment. As the market matures and big tech giants like Facebook, Google and Apple continue to face problems, we are going to see a shift from centralized markets to decentralized markets. A large number of social media users are not satisfied with how the likes of Google and Facebook use their data. We have seen top executives of both of these companies having to answer tough questions in the last few months. There is a clear trend that people are ready to move from centralized technology to decentralized technology. If the blockchain industry can come up with an alternative Facebook and an alternative Google that values the privacy of their users as well as entitles them to have their say in the future direction of the service they use, Google and Facebook would die their own death. We do not yet what is going to trigger the next financial crisis but one cannot help but think that these few big tech companies that have become too big to fail have their tentacles deep in the stock market. If something seriously goes wrong with one of them, it could be a strong catalyst to trigger the next downtrend. This is why we need more decentralized projects to replace centralized companies that have enslaved us for years.
China’s new interbank blockchain platform to be sponsored in part by the United Nations Development Bank
According to the recent press release from Coingeek, Bitcoin SV (BSV) has mined the largest block in terms of size in the history of cryptocurrency. Bitcoin [...] The post Bitcoin SV (BSV) Becomes the First Public Blockchain to Cross 100 MB Blocksize Threshold appeared first on Coingape.
The ongoing debate about whether or not Bitcoin can scale sufficiently on its path to mass adoption has led many people to question if it will ever reach that point at all. The scaling debate often leads back to the same discussion regarding Bitcoin’s block size and how it needs to be expanded in order for more transactions to fit in each block. Bitcoin Cash, the result of an August 2017 hard fork, was a product of split opinions throughout the Bitcoin community about this very subject.Proponents for the block size increase hard fork argued that this will allow for quicker transaction processing and cheaper transaction fees, while opponents argued that the tradeoffs weren’t worth the risks. They believed that the concern over transaction fees and processing time would be solved by deploying scaling layers on top of the base protocol. These are the beliefs that Bitcoin has continued to follow to this day and for good reasons.The Bitcoin protocol’s main focus is providing security in transactions. It prevents double-spending by making it incredibly difficult to reverse a transaction because of the energy spent verifying these transactions. It only releases a set number of bitcoins into the world — and it does so very slowly. It is meant to be simple in purpose but highly secure in practice. When all of these feats are achieved, it eventually obtains the characteristics of a store of value, and that is all Bitcoin needs to be. The scaling opportunities in Bitcoin lie in the additional protocol layers that will be built on top of it, such as the Lightning Network.Bitcoin is a low-level protocol that can be used in conjunction with other protocols. As many have come to realize, it is these other protocols that can help to solve many of bitcoin’s scaling issues without having to alter bitcoin’s set block size limit. The idea, as bitcoin began to grow, is that layers will be built on top of it.Second-layer TechnologiesPeriods of very high network activity on Bitcoin do not allow for practical uses such as buying coffee or transacting in small amounts due to the high transaction fees that come with high network usage. Solutions to this problem have come in the form of second-layer technologies, like Lightning. Lightning is a layer built on top of Bitcoin that allows for near-instant micropayments by settling transactions off-chain.As a second layer scaling solution to Bitcoin, Lightning is computer code which gives you a mathematical guarantee to claim the funds being transacted with. The Lightning Network is perhaps the most promising (but not the only) second-layer technology being developed that will make this possible. Certainly there will be many more use cases we may not have even imagined yet. This article originally appeared on Bitcoin Magazine.
This week in crypto: Overstock continues crypto push, Ethereum shines, and Colorado pulls a regulation double reverse. Read about it in our weekly round-up. The post This Week in Cryptocurrency: January 4, 2019 appeared first on CoinCentral.
Relative strength comparisons can help you determine the best times to deploy cash into Bitcoin. Learn more about this important market study! The post Bitcoin vs. Tech Stocks: A Relative Strength Comparison appeared first on CoinCentral.
NiceHash has become one of the most popular ways to mine Ethereum (ETH). Whether you’re new to mining or an experienced miner looking to use NiceHash, here are a few things you should know about using this cloud mining software. The post How to Mine Ethereum with NiceHash appeared first on CoinCentral.