Bitcoin news

24 Mar, 2019
France’s central bank is unlikely to issue its own digital currency in the near future, according to Pauline Adam Kalfon, a blockchain and financial services partner at PwC. It may not be the best entity to drive forward such a digital currency project, which would sit within the prerogatives of the European Central Bank, Kalfon added. “Having said this, Banque de France could seize technological leadership by following European Central Bank guidance. It is clear that a European-level project would be very complex and challenging governance-wise, requiring alignment and the political consensus of all relevant stakeholders from each member state,” she told Forbes. An interesting option would be to leave the tokenization of fiat currencies to corporations such as Facebook and JPMorgan. “This The post France: Central bank could issue digital currency after corporation battle-testing appeared first on Coin Rivet.
“We are only beginning to see the benefits that blockchain technology will bring to our societies, including in our democratic processes. Concordium’s blockchain-based voting solution offers a means of voting that is trustworthy, quick, and cost-effective. I am pleased to be working with Concordium to make sure that every vote is counted.” Anders Fogh Rasmussen, former Secretary-General of NATO and former Prime Minister of Denmark and now Strategic Advisor to Concordium Almost every industry in modern society is mindbogglingly complex with many unseen layers, mostly so that the rent seekers can hide. And no, blockchain isn't the solution, sound money which encourages honest trade is. — Jimmy Song (송재준) (@jimmysong) March 18, 2019 “There are huge operational consequences for central The post The blockchain/crypto week in quotes appeared first on Coin Rivet.
Bitcoin is not the only challenger to our current neoliberal economic situation. Throughout history, in times of strife, people often look for alternatives. The hyperinflation of Weimar Germany, due to the massive reparations of the Versailles Treaty, led to the appeal of Nazism that Hitler was able to manipulate. The struggle of Tsarist Russia in World War One coupled with the high level of disapproval of the inept Tsar led to the Bolshevik revolution. The 2008 Financial Crisis has led to a populist rising in Hungary, Italy, Brazil and, most importantly, the USA. Even the situation with Brexit has links to 2008. Their solution to the economic woes of their citizens is to play the blame game. Immigration is the The post Alternatives to the modern financial system appeared first on Coin Rivet.
Coin Rivet: Tell us about Serve and the Serve token. SO: We’ve built a next-generation service-gig-economy and logistics platform and created a decentralised, frictionless marketplace connecting users, enterprises and providers. We are well on the way to fulfill our mission to tackle the most challenging problems facing the industry today. Our mission is to provide an intuitive, transparent, decentralised, and open source platform to increase efficiency and reduce costs for all parties in an open source global economy. The Serve tokens are used in the Serve platform to incentivise logistics providers to provide delivery and transportation services and the tokens do not comprise business or consumer delivery costs. The tokens are used to validate and verify services and quality of goods The post Serve’s Shahan Ohanessian: Blockchain can solve world problems appeared first on Coin Rivet.
Twerkgate refuses to die… Bitcoin SV cheerleader Calvin Ayre has continued to defend a controversial series of tweets involving a pool party, Cuban women and ‘booty dancing’.  This attempt to portray himself as a billionaire pirate living the high life overseas impressed a small minority of his followers but outraged far more. Their problem was with the ages of the Cuban girls who appeared in the tweets. Cue various people claiming that they were reporting him to the likes of Twitter, Interpol, the police and child abuse charities. John McAfee also got involved, warning Ayre that he was heading down a dark path. Last week, in reply to an article by Coin Rivet he insisted that everyone at said pool The post Calvin Ayre just won’t let ‘twerkgate’ go appeared first on Coin Rivet.
So, earlier this week Jack Dorsey had the following to say about the crazy world of crypto. I love this technology and community. I’ve found it to be deeply principled, purpose-driven, edgy, and…really weird. Just like the early internet! I’m excited to get to learn more directly. — jack (@jack) March 20, 2019 Yes, Jack, it can be really weird at times, this is true. The Twitter boss made the comment as he announced that his PayTech venture Square was recruiting crypto staff and was offering to pay them in Bitcoin. He said that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to the Bitcoin/crypto ecosystem. Work from anywhere, report directly to The post Weird and wonderful: Jack Dorsey pretty much sums up the crypto space appeared first on Coin Rivet.
Crypto exchange ShapeShift tried to get its hands on some Domino’s pizza using the Bitcoin Lightning Network. And it didn’t go so well. Soooo @ShapeShift_io just tried to order 18 pizzas for lunch via Bitcoin Lightning network with @LN_Pizza and max apparently is two pizzas ='( Perhaps we should measure layer two scaling in pepperoni's per second (PPS)? — Erik Voorhees (@ErikVoorhees) March 20, 2019 Hilarity ensued as you will see by checking the responses to Erik Voorhees’ tweet. Lightning Pizza’s website says that it “enables you to order Domino’s pizza using the Lightning Network at a discount. Every order is 5% off,
23 Mar, 2019
Bitcoin will smash the $10,000 mark by the end of the year, according to Arthur Hayes, Co-founder and CEO, BitMEX. In the BitMEX Crypto Trader Digest, dated 22nd March, he says: “The first quarter of 2019 witnessed depressed volumes, volatility, and price. The local lows of late 2018 have not been retested; however the market chop makes me feel like I’m at the Saudi embassy.” The repair of crypto investors’ balance sheets is not done yet, he adds. “Losses must be digested, and the unlucky masses must wage cuck a bit longer to get back in the game.” Green shoots will appear towards year end. “The mighty central bank printing presses paused for a while, but economic sophists could not resist The post Bitcoin set for strong gains in Q4 2019, says BitMEX boss appeared first on Coin Rivet.
Last week, tech magnate and crypto advocate John McAfee warned Bitcoin SV cheerleader Calvin Ayre that he was heading down a dark path, following a controversial series of tweets involving a pool party, Cuban women and twerking.  Ayre chose to ignore the advice, opting instead to make light of said tweets and to dredge up unproven accusations against McAfee. To which the latter replied: “I’m giving you 12 hours to correct this lie publicly Calvin. If you do not I promise you that at the end of my libel suit everything you own will be mine”. And now Ayre has called McAfee a moron after SkyCoin severed ties with him for ‘irresponsible tweets’ about whales. hahaha….what a Moron this guy is: The post Calvin Ayre steps up war of words with John McAfee appeared first on Coin Rivet.
Crypto exchange ShapeShift boss Erik Voorhees took to Twitter this morning to hit out at Wall Street Journal (WSJ) reporter Paul Vigna. Mr @paulvigna your work on crypto may not age well. Might I suggest sticking to your better talent of authoring books on The Walking Dead… itself a fitting label for the banks and financial institutions sponsoring and patronizing the @wsj #factsmatter — Erik Voorhees (@ErikVoorhees) March 23, 2019 Last year, the newspaper ran an article entitled “How Dirty Money Disappears Into the Black Hole of Cryptocurrency.’ This claimed that ShapeShift had facilitated at least $9 million worth of money laundering over several years with “a parade of suspected criminals.” At ShapeShift’s request, CipherBlade carried out a review The post Your crypto work won’t age well, Erik Voorhees tells WSJ journo appeared first on Coin Rivet.
Bitcoin mining is one of the most popular points of attack from critics. Proof-of-Work is extremely energy inefficient, meaning that a lot of electricity is needed to keep Bitcoin running. Whilst this leads to complaints about modern-day issues such as global warming, there could be a positive aspect that might arise. Through solar power, Bitcoin mining can be cheaper and more environmentally friendly. Some of the cheapest energy sources currently available today are renewables. Solar power prices have dropped in recent years, and it makes perfect sense to begin using excess solar power to mine Bitcoin. Through this, the energy worries that arise from Bitcoin mining would diminish. On top of this, due to the cheaper nature of solar power, The post Bitcoin and the push towards renewable energy such as solar power appeared first on Coin Rivet.
Swiss online retailer Digitec-Galaxus is now accepting Bitcoin as a means of payment. Other altcoins that can be used include Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), TRON (TRX), OmiseGo (OMG), and NEO (NEO). “Cryptocurrencies are fascinating and could become a relevant means of payment in e-commerce. We would like to support this development,” says Digitec Co-Founder Oliver Herren and Chief Innovation Officer. “We have wanted to do this for a long time, but it was too complicated until now.” The company insists that price volatility will not be a problem, as all transactions are processed by third-party payment processor Coinify and immediately converted to Swiss francs. The new option will only The post Cryptocurrencies are fascinating, says Digitec-Galaxus appeared first on Coin Rivet.
22 Mar, 2019
Crypto market is seeing positive price action as investors choose to bet of further support and growth of bulls rather than bears which seem highly supported from fundamental perspective.
A majority of bitcoin trading volume is artificially created by unregulated exchanges, according to a Bitwise Asset Management report cited by The Wall Street Journal.The post Bitwise: Nearly 95% of reported bitcoin trading volume are artificially created by unregulated exchanges appeared first on The Block.
Today the price of Bitcoin is US$4,055.53; Ripple is US$0.314155; Ethereum is US$138.42; EOS is US$3.68; Litecoin is US$60.11. These are the Top 5 cryptocurrencies by market capitalisation. About the Top 5 cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange's civil rehabilitation.
Enterprise blockchain – or ‘private blockchains’ – are on the rise. In fact, Deloitte’s 2018 global blockchain survey found 95% of companies across different industries were investing in blockchain tech projects. And while there is criticism across the spectrum – for and against enterprise blockchain as well as whether companies should even invest into it – almost every industry is making a concerted effort to weave it into its infrastructure. Financial industry With the birth of Bitcoin, the earliest form of cryptocurrency and an example of the first practical use-case for blockchain, it comes as no surprise that the financial industry is paving the way for blockchain innovation. Given the sheer volume of transactions that take place on a daily basis, The post A journey through enterprise blockchain appeared first on Coin Rivet.
Bitcoin's short-term outlook will remain bullish as long as prices hold above key support at $3,920.
tZERO plans to launch its own mobile trading app for buying and selling bitcoin and, possibly, ether.
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