Month: September 2017

NEOUSD TECHNICAL ANALYSIS It is becoming apparent that price couldn’t climb higher past the immediate ceiling at $35. After what appeared to be a perfect breakout trade on 27.09.2017, volumes are dwindling and prices are dipping with some signals indicating that this was indeed a fake breakout. To start with, we can refer to BB-price action relationship. As a technical indicator used to measure volatility, price action points to overextension on the upside because 28.09.2017 candlestick closed above the upper Read more …

The first industrial revolution, the transition to new manufacturing processes, and the second industrial revolution, the technological revolution, both started in Great Britain and then spread through Europe before reaching the US and beyond. Both changed the world deeply, at its roots. The next industrial revolution is happening now, in the cradle of Europe, and it will change our world more than we can imagine. End of centralization The world of financial technology is changing. The world itself is changing. Read more …

Omaha-based Alpha BTC recently opened a its second bitcoin ATM and the first in Lincoln at The Mill Coffee and Tea in Lincoln’s Haymarket. The company’s first machine is located in Omaha at Jones Bros Cupcakes in Aksarben Village. “We’re currently at about $50,000 per month on the Omaha machine. We’re hoping to grow Lincoln to a comparable amount,” said Edward Weniger, co-founder of Alpha BTC. Bitcoin values have been heavily discussed lately, but Weniger isn’t swayed by the talk. Read more …

Featured The Satoshi Revolution: A Revolution of Rising Expectations, Chapter 1 (part 1).by Wendy McElroy Section One: The Trusted Third Party ProblemChapter One: Listening to the Past “The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer Read more …

Imagine using a highly touted security feature, only to see it backfire in the most spectacular way, causing you to lose more than just time but also money. Now imagine it happening to a Bitcoin wallet that you’ve carefully guarded for the past few months or years. It surely isn’t a pleasant thought. More than just a scary thought experiment, the above is actually a very real threat for many owners of Bitcoin wallets. Basically, anyone who has enabled two-factor Read more …

Technological innovations with Blockchain technology are popping up all the time. From real estate to data services, these applications are excellent use cases for how Blockchain technology will reshape the face of digital information. A recent development in the Blockchain technology space may be used to put an end to DDoS (Distributed Denial of Service) attacks, according to Inc.com. These attacks use mass requests to render a website useless to its intended users, and cause affected sites to be knocked offline. Centralized vs. decentralized Current Read more …

“A myth,” that’s what one developer called it. At a meeting of the team behind the monero cryptocurrency last week, suspicion was high about a new item on the roadmap – so-called “zk-starks.” Described as a “trustless” solution to a problem that’s long prevented anonymous blockchains, to some of the developers assembled it sounded like fantasy. But while the blockchain industry is certainly no stranger to outlandish claims, the cryptographic technique is perhaps setting records in the levels of eyebrow-raising Read more …

Bitcoin’s valuation is soaring – up 322% since the start of the year – but plenty of critics are throwing shade at the dazzling cryptocurrency. Most prominently, JPMorgan Chase (JPM) CEO Jamie Dimon earlier this month called the digital currency a “fraud” and described it as “worse than tulip bulbs.” Unsatisfied with his sick burns, he came back a few days later and dismissed Bitcoin as “a novelty…worth nothing.” And though the haters are going to hate and view Bitcoin Read more …

Yet more figures from the world of investment and venture capital are speaking up about cryptocurrency. This time it’s the turn of Fred Wilson a prominent investor, and co-founder of Union Square Ventures. In a lengthy post on his blog, he warned of an impending crash in the space. He writes,  “I am certain the big crash will happen. I don’t know when it will happen and I think it may be some time before it does,” he posts. “I Read more …

Regulation On September 29th 2017, the U.S. Securities Exchange Commission (SEC) charged an Initial Coin Offering (ICO) operator with fraud. The ICO project in question, REcoin, claimed their token was the “first ever cryptocurrency backed by real estate,” and that they also invested the company’s assets in diamond reserves. Also read: Bitcoin Software Wars: The Case Against Replay Attack Protection SEC Charges the ICO REcoin for Promising Sizeable Returns from Fraudulent Operations Over the past two months, U.S. Read more …