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Bitcoin Developers Discuss The Most Significant Technical Developments Of 2018

One of the most interesting parts of the Unconfiscatable Conference in Las Vegas over the weekend was the Bitcoin development panel, which was moderated by Programming Blockchain instructor Jimmy Song and featured applied cryptography consultant Peter Todd, Mempool Partners founder Johnny Dilley, and Braiins Systems CEO Jan Čapek. At the beginning of the panel discussion, Song asked the participants for their thoughts on the most significant technical Bitcoin developments of 2018. MimbleWimble or the Lightning Network? Dilley was the first to respond to this question, pointing to MimbleWimble as his preferred technical improvement from 2018. “I’d probably say MimbleWimble,” stated...

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Are China To Blame For Nvidia’s Bitcoin Mining Losses?

A report published yesterday by VentureBeat says that stock for the US GPU manufacturer Nvidia fell by more than 15 percent on Monday over concerns regarding the firm's poor performance in the crypto mining industry in recent months. The company has revised its fourth quarter 2018 revenue estimate, which is now worth $2.20 billion compared to the previous estimate of $2.70 billion. Mining crypto As many of you will know, the recent months of the crypto markets have faced the major brunt of the ongoing pessimistic market. With the bear market continuing into 2019, many miners have been forced to...

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Bitcoin (BTC) Crash, Chinese New Year And Seasonality

Bitcoin (BTC) follows market cycles same as every other market. It is thus no stranger to seasonality and as we have seen in the past, BTC/USD has a way of rising and falling around certain times. One of such periods is the weeks before and after the Chinese New Year. Considering that we have a solid seasonality pattern that has been following year after year, it is surprising to see that very few people are talking about it. Even those talking about it are analyzing it in the wrong light trying to deduce whether Bitcoin (BTC) falls or rises before...

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Iran In Talks With EU To Discuss Crypto Transactions

The country of Iran is holding talks with major nations on Europe as well as Russia, Bosnia and South Africa to discuss further trade through crypto transactions. This news comes from a short report by the Tehran Times which says: “Starting a new chapter in its international monetary transactions to circumvent U.S.-led sanctions, Iran is in negotiating the use of cryptocurrency in its financial transactions with eight countries, the acting head of Iran’s Trade Promotion Organization (TPO) told Tasnim news agency on Monday. Representatives from Switzerland, South Africa, France, England, Russia, Austria, Germany and Bosnia have visited Iran to hold...

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Bitcoin Dominance Makes Its Way Into NYC With BATMs

Cryptocurrency ATMs are on the rise and more are seemingly cropping up every day. There are more than 4,000 ATMs in both New York and Chicago which are showing continued US dominance for crypto. Now, the big apple offers the public the purchase Bitcoin using their regular credit cards at machines installed around the city supplied by ATM provider LibertyX. There are now selected ATMs across the city able to provide the new service. The firm has been installing crypto ATMs across the United States since it initially opened up in Boston in 2014. There are even ATMs at some...

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