Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own.
The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign up here.
While a lot of people would love to see the surface of the Moon up close and personal, that will not happen anytime soon. That is, not unless a lot of money is thrown at this research sooner rather than later. Commercial space travel remains a very intriguing concept, but turning a dream into reality is never easy.
Who is Footing the Moon Travel Bill?
As most people should know by now, NASA is looking into putting humans on the Moon by 2024.
The relationship between cryptocurrency exchanges and regulators have historically represented a precarious one. As the space continues to grow and mature, regulators are taking an increasingly active and firm approach to the compliance and cooperation of exchanges. Binance is the most recent player affected by this dynamic.
Early this morning, Binance announced that it would cease service to US users in 90 days.
Facebook’s GlobalCoin project, also known as Project Libra, may face significant hurdles as the social media giant works toward a prospective launch.
Despite reports that Facebook is gearing up to reveal its new cryptocurrency as early as next week, a source with knowledge of Facebook’s operations said the project’s software has a long way to go until it can be used.
The price of bitcoin (BTC) hit a 13-month high above $9,300 on Sunday.
The leading cryptocurrency by market capitalization rose to $9,381 at 05:55 UTC – the highest price since May 10, 2018, according to CoinDesk’s Bitcoin Price Index.
BTC was last seen trading at $9,250 representing 6.4 percent gains on the day. On a month-to-date basis, the cryptocurrency is up 8 percent.
A lot of cryptocurrency traders have high expectations for the many different altcoin markets. It is certainly true some interesting trends have become apparent, albeit it remains to be seen how things will play out. As far as the Litecoin price is concerned, reaching $150 is not out of the question, but it might not necessarily happen right away.
The Litecoin Price Uptrend
Over the past few weeks, there has been a rather steep uptrend as far as the silver to Bitcoin’s gold is concerned.
Bitcoin just passed an interesting milestone today, one we haven’t seen since November 27, 2017. According to CoinMetrics.io, there are now over a million daily active addresses, a number that is defined as the number of unique “from” or “to” addresses used per day.
Image via CoinMetrics
Kevin Rooke noticed the move and Tweeted:
When Bitcoin first broke 1 million active addresses (Nov 27, 2017), 1 BTC was $9,352 and the median tx fee was $3.
Crypterium – a financial technology startup based in Estonia — launched the Crypterium Card, the first crypto card available globally.
Prior to this launch, crypto cards, such as the Coinbase Card, were only accessible in specific countries or by region, according to the company. Coinbase recently announced it would roll out services to six additional European countries after being only available for users in the U.
Many bitcoiners thought it would be a cold day in hell when BHB Network co-founder Giacomo Zucco admitted that all tokens aren’t inherently scams.
But, as it turns out, all he needed were the right partners. What started as a client’s request for a more secure alternative to ethereum’s ERC-20 tokens will soon emerge as the first unique protocol for issuing tokens via bitcoin’s lightning network.
A better token-minting protocol, Zucco said, could be a game changer for entrepreneurs.
It has been at least a few months since the last condemning report involving Bitcoin mining was published. A new report published in Joule claims the emission of Bitcoin miners is getting out of hand rather quickly. So much even that it allegedly puts out as much CO2 per year as the entire Kansas City area. As is usually the case, these reports need to be taken with a few grains of salt.
Another Shot at Bitcoin Mining
Over the past few years, numerous reports have indicated how wasteful Bitcoin mining can be.
Cryptocurrency trading isn’t for the faint of heart, and unfortunately for one trader, he found this out too late. The trader took his life after he lost 2,000 bitcoins in a single trade. He had placed a bet with a 100x leverage, but the markets didn’t go his way.
The 42-year-old trader wasn’t new to crypto trading. On the contrary, he had been trading for years. He was one of the founders of BTE.TOP, a data analysis company and a crypto-related services provider. According to a report by Chinese crypto outlet 8btc, he had become renowned for making brilliant bets on the crypto market.
Google has tapped a startup token project, Chainlink, as an official Cloud Partner and the relationship suggests a deep and detailed interest in blockchain technology by the Mountain View giant.
The partnership, described in a detail Google Cloud blog post, aims to place BigQuery data on the blockchain using a “Chainlink oracle smart contract.
Facebook’s “crypto opportunity” comes with high expectations.
“We believe this may prove to be one of the most important initiatives in the history of the company to unlock new engagement and revenue streams,” RBC Capital Markets’ Mark Mahaney and Zachary Schwartzman said in a note on Thursday.
The Financial Supervisory Authority of Iceland (FME) has approved Reykjavik-based Monerium as its first electronic money institution.
The designation, announced Friday, means that Monerium has regulatory approval to provide fiat payment services on a blockchain and use it throughout the European Economic Area.
Nevada passed regulatory sandbox legislation aimed at continuing blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the “blockchain bills” on June 7 and 13.
These are parcel to a number of bills passed in the state that support the continued growth of financial technology and blockchain. In February of this year Nevada legislators introduced a suite of bills designed to promote blockchain adoption.
After revealing that his payments firm Square is building a small team to help with bitcoin and cryptocurrency development back in March, CEO Jack Dorsey has revealed more details about the project – even though it’s still early days.
In an interview with The Next Web, Dorsey, who is also CEO of Twitter, confirmed that he’d recently hired former Google director Steve Lee to lead the team.
Cryptocurrency exchange Bitfinex has announced a transparency initiative that will see it put on full view the buying back and “burning” of its LEO exchange token.
In an announcement Friday, the firm said as part of its token redemption process, the UNUS SED LEO Transparency Initiative will allow the public to see parent firm iFinex use its gross revenues to purchase circulating LEO tokens at market rates.
Two blockchain-focused startups are teaming up to enable Amazon purchases with ethereum.
In a press release published Friday, crypto payments firm CLIC Technology said it is collaborating with blockchain infrastructure provider and B2B platform Opporty to develop an app-like browser extension allowing Amazon customers to pay for items in the ether (ETH) token, even though Amazon itself does not accept cryptocurrencies.
Bitcoin has rallied more than 9 percent in the last nine days, but on low volumes – a sign of low investor confidence. As a result, the gains could be short lived.
The bearish volume divergence indicates BTC could dive out of a “rising wedge” bearish reversal pattern seen on the 4-hour chart.
A wedge breakdown, if confirmed, could see a return to $8,000 or lower.
If trading volumes pick up in the next 24 hours, prices may rise above $8,500 over the weekend, validating a bearish channel breakout witnessed earlier this week.
Facebook’s hiring spree for its upcoming cryptocurrency, reportedly called “GobalCoin,” continues with the addition of a senior bank lobbyist from Standard Chartered, according to the Financial Times.
In a report Friday, the FT said that the new hire, the bank’s managing director for group public and regulatory affairs, Edward Bowles, will join the social media giant in September.
Europol has revealed it’s developing a game aimed to teach law enforcement officers how to tackle crypto crime.
Announced at the sixth Cryptocurrency Conference hosted at Europol’s headquarters from June 12–14, the European crime fighting agency said the game will allow officers to get “hands-on training and advice on tracing cryptocurrencies in criminal investigations.
Not a day goes by in the medical world without some new discoveries or developments. In Russia, one scientist claims he will produce gene-edited children. As horrific as that may sound, he would not be the first individual to explore this option. Given the overall negative stance toward gene editing and CRISPR, this controversial research will spark some intriguing debates.
Gene-edited Babies on Demand?
While there may very well be some merit to CRISPR in human trials.
Binance.com, the world’s largest cryptocurrency exchange, is revamping its internal policies and cracking down on wayward users.
In an updated term of use agreement revised on June 14, the exchange’s general site notably stated that “Binance is unable to provide services to any U.
Кто знает подойдет ли этот кошелек для постоянного приема в сатоши? Я просто майнить не решился, но написал несколько ботов для того, чтобы они собирали с кранов монеты. Я так понял, что это веб-кошел...