The popular opinion worldwide is Bitcoin trading cannot be stopped even by the very rigid censorship of the Chinese Government and the People’s Bank of China on crypto currencies.
Bitcoin exchanges have introduced unique procedures such as “Know your Customers” as well as put off withdrawals a month ago even before China’s central bank issued new…
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Bitcoin markets continue being under strong selling pressure as trading volumes have kept going up while prices drop. Sell offs are becoming more significant through time with prices dropping well below $1100 levels through today’s trading session. This mood of overall pessimism is apparently taking bitcoin markets by storm in the last few hours.
Major Signals…
Sergio Demian Lerner is chief scientist at Rootstock Software, manufacturer of potent Cloud ERP Solutions. He disclosed a new scaling solution for Bitcoin known as Lumino. A whitepaper about this solution came out to introduce the Lumino Transaction Compression Protocol (LTCP).
Lumino refers to a hub-and-spoke network utilizing off-chain payments like the Lightning Network (SegWit) with…
Bitcoin prices apparently had a hard time staying above $1200 price levels after recent developments. While trading volumes remain considerably high, selling pressure is making a return. Bitcoin prices did break below $1200 on several occasions and large sell orders even pushed prices down to $1100 through the today’s trading session.
Major Signals
BTC/USD rates…
Bitcoin just came out with its version 0.14. The release includes noteworthy improvements in terms of performance particularly in building of nodes. At the same time, there is a change in Mempool size which refers to aggregate size of transactions that require confirmation. This helps users to increase transaction fees in retrospect.
Improvements and Tweaks
Bitcoin Core…
During the last couple of years, Bitcoin has mostly served genuine purposes, as around 95% of current trading volumes are completely legal, and do not involve fraud, or illegal activities. However, as the public isn’t yet entirely educated about the dangers that are associated with the digital currency, it is understandable that the regional police…
Here is a practical guide on how to create an Ethereum Mining Rig for beginners. It normally takes one week or more to put everything together and one day to work with the configurations. The two major stages are obtaining resources and actual development.
Hardware
Mother Board and Graphics Card
The Mother Board is the foundation of the…
At this moment in time, one of the main arguments expressed by governments against Bitcoin is that the digital currency can be used for terrorism financing and money laundering purposes, due to its trait of anonymity.
According to recent reports, members of the European Parliament, also referred to as the MEP have just published a draft…
Bitcoin markets saw prices reach $1250 in the current trading session as back to back buy orders were filled, pushing the price up. Recent hours have support being very limited while bullish orders try to break through resistance levels. The market’s overall sentiment went into being slightly more bullish in the last few hours as…
In addition, there is something that we must keep in mind, and that not every altcoin necessarily a competitor to bitcoin; a mistake that is, sadly, too often made.
There is little argument that bitcoin is on a fast road to glory. However, for many, that road isn’t fast enough – they’d prefer that bitcoin and…
