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Bitcoin Lightning Network Adoption Advanced by New Bitfury Product Suite

The lightning network is still under development but that hasn’t stopped the Bitfury Group from launching a new product suite designed to make the system easier for merchants and consumers to use. Wallets, eCommerce Software, Terminals and Nodes Lightning network has been hailed as the savior of Bitcoin, bringing its transaction speeds to equal or...

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Bitcoin Venezuela Develops Tiny Mesh Nodes For Off-Grid Transactions

Bitcoin venezuela mesh network

Mesh networks mesh [sorry] very well with the libertarian ethos of Bitcoin, freeing users from the tyranny of state-regulated ISPs. Necessity being the mother of invention, Bitcoin Venezuela are developing a mesh node little larger than an SD card. A Hot Mesh Mesh networks are a hot topic right now. They are able to provide robust, secure connectivity in areas where it would otherwise be impossible. Bitcoinist recently reported on the experiments of a Kiwi

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Crypto Market Wrap: Binance Coin Flips IOTA as Markets Slide

Market Wrap Crypto markets falling back again, Tron staying put but Ethereum , BCH and Iota sliding again. The tedium continues as crypto markets pull back again today in a slow downward slide. Total market capitalization has dropped back below $120 billion, and with no signs of bullish momentum further losses look likely. Bitcoin bounced...

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Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin price failed near key resistances at $3,600 and $3,620 against the US Dollar. This week’s followed key bearish trend line is in place with resistance near $3,570 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may continue to move down unless buyers gain strength above the $3,600 and...

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Crypto Market Update: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap tested the $117.50B resistance and later corrected lower. EOS price is currently correcting lower and it may test the $2.40 support level. Bitcoin cash price tested the $130 resistance and it is currently moving lower towards $126. Tron (TRX) price remains in an uptrend and it could accelerate towards the...

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7 Projects Working to Make Blockchain More Opaque for Enterprise

Public blockchains, in particular, don’t make sense for many businesses where privacy is required. Pseudonymous isn’t good enough, and generally speaking, modern databases are pretty good at what they do. However, some projects are making strides towards making data on the blockchain more opaque for enterprise.  Blockchain proponents claim the distributed technology behind bitcoin could improve supply chain management, quality assurance, accounting, smart contracts, improve trust in transactions, and potentially the voting process of shareholders.

The post 7 Projects Working to Make Blockchain More Opaque for Enterprise appeared first on Bitcoinist.com.

Ripple Price Analysis: XRP Could Dip and Rip Above $0.3200

Ripple price spiked above the $0.3210 level recently and later dipped below $0.3150 against the US dollar. There is a declining channel in place with support at $0.3130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip below the $0.3130 support before it may bounce back above $0.3160...

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Ethereum Price Analysis: ETH Remains A Sell Until It Breaks $120

ETH price tested the $119-120 resistance area and failed to gain strength against the US Dollar. There is a short term declining channel formed with resistance near $118 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently at a risk of more losses as long as it is trading below...

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.9 million). The “monstrously large” fund, as Twitter account loomd’rat described it in December, has accelerated its accumulation in recent months as the Bitcoin price

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Investors in Davos Separate Bitcoin and Blockchain, Claim BTC Will go to Zero

As the World Economic Forum (WEF) Continues in Davos, Switzerland, and the who’s-who of finance and politics enjoy $40 hot dogs, there is a significant amount of negative commentary coming from investors and analysts regarding Bitcoin (BTC) and cryptocurrencies. Most recently, one prominent investor drew a stark line between blockchain and Bitcoin, noting that he...

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