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The value of bitcoin blocks just halved
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Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
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Latest Bitcoin News:
CME Bitcoin Options volume smashes record, but short-term rally might not transpire
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Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
Crypto enthusiasts witnessed the third Bitcoin halving this May 12 at 6.25 BTC per block. Bitcoin is the most wide-known type of cryptocurrency present today, being the first successful digital currency ever built.
But what is cryptocurrency? What role does it play in the advancement of financial technology? In this article, we will explain briefly cryptocurrency to guide beginners who are just new to the industry.
Cryptocurrency, in layman’s term, is a form of digital currency or virtual money. Even if they are a form of currency, it doesn’t physically exist.
Most cryptocurrency transactions run in blockchain technology, a recordkeeping technology or ledger that uses a network of computers to store a record of transactions such as date, time and amount, etc. Timestamps are added at the end of previous timestamps, thus, creating a “chain-like” flow making these records nearly impossible to get altered or change. This technology helps users confirm their cryptocurrency transactions without going through any central authority, making it decentralized and theoretically immune to government interference or manipulation.
Brief History
The idea of cryptocurrency has long existed since the 1980s but it was only in 2008 when a person or a team under the name Satoshi Nakamoto published a paper titled, “Bitcoin: A Peer-to-Peer Electronic Cash System” it was fully realized.
In the paper, Nakamoto emphasized two important ideas: “peer-to-peer transactions” and “digital currency.” Nakamoto found a way to make the digital currency transaction without going to any central authority — using cryptography and blockchain technology to make the transactions efficient and secure.
Kinds of Cryptocurrencies
Since the introduction of Bitcoin in 2008, thousands of cryptocurrencies emerged and each has its own specific function. At present, there are over 2,000 reported number of cryptocurrencies available. These thousands of cryptocurrencies fall under three categories: Bitcoins, Altcoins, and Tokens.
Bitcoin is the cryptocurrency that started the success of all the cryptocurrency available today. It runs on its own blockchain, with each transaction happens directly between users calling it a “peer-to-peer network.” This technology that Bitcoin introduced, paved the way to the success of the succeeding cryptocurrencies available in the market today.
Altcoins or “alternative” coins to be exact pertains to any coins other than Bitcoin. Like Bitcoin, these coins run its own blockchain network and operates separately and differently from Bitcoin.
Some of these coins run a very different use compared to Bitcoin. In the case of Ethereum (ETH), it is designed not to be used as a digital currency but to fuel the transactions for creating applications on its own blockchain. As stated on its website, in Ethereum, “you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.”
The third type of cryptocurrency is called Tokens. Unlike Bitcoin or Altcoin, Tokens do not have their own blockchain. Instead, they rely on using existing blockchains such as Ethereum or NEO.
Some developers create their own tokens to be used in their decentralized applications. In the case of Swipe, the Swipe Wallet and its native token Swipe Token (SXP) are tied and built into the Ethereum blockchain using its Wallet Smart Contracts and Time Lock Contracts that are open-sourced and available on its GitHub page.
So, what is the best cryptocurrency available to use? The answer to this question is really subjective as the choice depends on each user and their specific needs.
Why Use Cryptocurrencies?
Simple. Thanks to this modern discovery, people will have a better option for managing, sending, and investing their own funds.
Financial institutions take time to validate international settlements, and it usually comes with hefty transaction fees. Imagine a life where you can use, send, spend, or manage your money without going through the tedious process of going through any banks or any authority to do these transactions. Wouldn’t it be easier? That’s what cryptocurrency aims to bring on the table. Cryptocurrencies work around the traditional system with the use of blockchain technology.
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This blog entry is also posted at: https://sw.pe/blogunderstandcrypto
In a long time, there has been a rule in the cryptocurrency market: only virtual currency with security and high efficiency will be chased by players. Looking back at Bitcoin, Litecoin, Ethereum and many other old-fashioned currencies, we can easily find that they all have their own advantages, but no matter how many their own characteristics are, they will inevitably have the transaction security performance brought by the underlying technology. And a smoother trading experience brought about by technical optimization.
As a brand-new cryptocurrency, the ETX (EthereumX · NET) public chain has attracted the attention of many players at the beginning of the mainnet launch, and the community has been active. Among them, in addition to the recognition of some old players, there are also many new players. Admission. No matter from the technical level, or from the perspective of community activity, the ETX (EthereumX.NET) public chain is a digital currency worth looking forward to and paying attention to.
The ETX (EthereumX · NET) public chain system is aimed at industrial pain points. Based on the blockchain public chain technology, it provides innovative solutions for enterprises and application developers. It can build and develop system applications to serve the real economy. It is consistent with national policies in terms of combining industry, talent training, system open source, and industrial blockchain incubation accelerators, etc., so that related teams can use public chain systems more conveniently and at lower cost, and can freely choose modular application software platforms. ETX (EthereumX · NET) public chain is committed to building a public chain ecology, supporting the industry's on-chain needs through talents, funds, and communities.
According to the latest news from the ETX (EthereumX · NET) community team, the ETX (EthereumX · NET) public chain will be listed on 5 exchanges on May 9, 2020. This is the second time that ETX (EthereumX.NET) public chain will be listed on VinDAX. The next big move, this also means that ETX (EthereumX.NET) public chain has entered a period of rapid development. At the same time, the exchanges on the ETX (EthereumX · NET) public chain are some highly authoritative exchanges that are worthy of everyone's trust.
ETX will be listed on these 5 exchanges this time: FUBT exchange, QBTC exchange, EXX exchange, BiBull exchange and ZT exchange. The following is a brief introduction for everyone about these five exchanges.
FUBT Exchange: Hong Kong FUBT International Station, dedicated to creating the world's leading international one-stop trading service for blockchain assets. FUBT always advocates rational investment, adheres to forward-looking layout, international expansion, and market-oriented operation, takes the exploration and promotion of the value of high-quality digital assets as the guide, and strengthens the integration of technology, capital, and industry to promote the transformation of blockchain technology applications. Closely relying on professional technical operation and international financial advisory team, in-depth service to global digital asset developers and users, and comprehensively build a new industrial system with integrity and fairness, compliance and efficiency, and advancing with the times.
QBTC Exchange: QBTC is the Q network we often say. QBTC provides a variety of digital currency trading services such as Bitcoin, Ethereum, Litecoin, etc., and is a safe and reliable international station for digital currencies. QBTC uses multiple security protection technologies to create a financial-grade international station, providing digital currency enthusiasts with safe, high-quality, and fast transaction channels.
EXX Exchange: EXX is a world-renowned international platform for blockchain assets, providing blockchain asset trading services to global users, covering digital asset spot and derivatives trading and other fields. The EXX platform has been awarded by Korean investment agency S & H Global Co. Ltd. (referred to as SHG) wholly-owned acquisition.
BiBull Exchange: BiBull is a trading platform. Headquartered in Malaysia. The core members of BiBull come from experts in financial industries in different countries and fields such as Malaysia, Singapore and the United Kingdom. "Extreme service" is the value concept of BiBull. It provides in-depth services for the project party and accompanies the project party to thrive; it provides users with services of top assets, allowing users to easily select top assets in BiBull.
ZT Exchange: a platform that provides the highest quality digital asset trading services for users worldwide; it provides the safest and most reliable high-quality digital asset trading and derivatives services for millions of users in more than 150 countries and regions around the world. ZT Exchange has more than 100 security and bank-level risk control measures, a matching efficiency of 130,000 per second, convenient and fast OTC service, and it can provide you with a five-star trading experience in seconds. Taking "Users as the core, making transactions more convenient" as its mission, adhering to the service concept of "Users First", it is committed to providing safe, professional, honest and high-quality digital asset financial services to users worldwide.
Note: The above exchanges are ranked in no particular order.
The five exchanges that ETX (EthereumX · NET) public chain negotiated for launch this time are very powerful, both in terms of strength and from the perspective of the user group. Through this cooperation, it is expected that both parties can get further development.
If we stayed in place or moved like a snail when the huge waves swept in,, we will be greeted with only broken bones. The market changes rapidly, and the only way to save ourselves is capture the opportunity. (The market is risky, investment needs to be cautious, please do as your capability permits.)
DJIA -1315 From Yesterday’s High
POWELL Says, “No Neg Rates”
Today’s market was down from the start with PPI numbers and Jay Powell talking about the economy, negative rates, a slower than Trump promises recovery and just in general spooking anyone within the sound of his voice. The futures had been higher, but the rally in afterhours last night had pushed up the “fair value” to the point of a negative open. It only got worse throughout the day as the A/D and volume piled up on the downside finishing 8:1 down on the NYSE and 4:1 on the NAZ, but also on the NY the volume was a solid 7:1 down too. On the DJIA we had only one stock up, MRK, and only $ .74. The losers were spread around with UHN the biggest loser -70, GS -37, MMM -36 AND AXP -35 DPs. Financials, Energy, and Industrials were the weakest with Consumer staples and Utilities the “least weak.”
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/vm3CUCipzT0
SECTORS: The news from UBER / GRUB was that there would be no deal at 2.1 shares of UBER for GRUB, but it was disclosed that UBER was considering a ratio of just 1.9:1, so UBER moved up $ .62 while GRUB was lower by $2.25 (3.73%). The good news was that UBER said there were $300 million in cost efficiencies in the deal for them. Not much of a dent in the $2.9 Billion they lost this quarter, but I guess you have to start somewhere.
Cisco reported a beat after the close and the stock, down from a high yesterday of $44.30 had closed $41.95 - $1.27 rallied on the news to $44.45 but closed $42.94 +.99.
ASCO, the Cancer Society annual meeting is in 2 weeks, and Allogene (ALLO) published their findings on a new therapy and the stock shot up from its close of $30.98 -1.56 (4.79%) to trade as high as $46.57 before closing $39.50 + 8.52. There will be a steady stream of these type of announcements in the next 10 days.
FOOD SUPPLY: was MIXED with TSN -1.58, BGS +1.50, FLO +1.29, CAG +.18, MDLZ -.84, KHC -.16, CALM -.55, JJSF -.65, SAFM -.94, LANC +.63, GO -.61, UNFI +7.22 (46.55%) on preliminary reporting of their Q3 sales and several upgrades lead the group, and BYND +1.07.
BIOPHARMA: was LOWER with BIIB -4.81, ABBV -1.38, REGN +19.46, ISRG -13.93, GILD -.61, MYL -.53, TEVA -.37, VRTX +1.43, BHC -.64, INCY -.29, ICPT -2.37, LABU -2.69 and IBB $130.00 -1.05 (.80%).
CANNABIS: This group was LOWER with TLRY -.21, CGC -1.07, CRON -.28, GWPH -3.95, ACB -.56 (8.67%), PYX -.04, NBEV -.065, CURLF +.06, KERN -.02 and MJ $10.96 -.59 (5.11%).
DEFENSE: was LOWER with LMT -5.51, GD -.52, TXT -1.63, NOC -5.05, BWXT -1.69, TDY -5.90, RTX -2.07, and ITA $141.70 -4.37 (2.99%).
RETAIL was LOWER with M +.06, JWN -.66, KSS -.31, DDS -1.19, JCP +.035 (17.65%), WMT +.42, TGT +.27, TJX -.76, RL -.52, USS -.74, LULU -11.22, TPR -1.21, CPRI -.62, and XRT $36.04 -.96 (2.59%).
FAANG and Big Cap: were LOWER with GOOGL -20.28, AMZN +15.05, AAPL -2.91, FB -3.80, NFLX +7.79, NVDA +3.29, TSLA -9.62, BABA -.01, BIDU -1.17, CMG -24.73, CAT -.46, BA -2.32, DIS -1.07 and XLK $91.83 -1.61 (1.72%).
FINANCIALS were LOWER with GS -4.85, JPM -2.83, BAC -.87, MS -1.24, C -1.40, PNC -3.21, AIG -1.45, TRV -4.12, AXP -4.17, V -1.16 and XLF $20.66 -.63 (2.96%).
OIL, $26.68 -.65. Oil was another short-range day that gave no hint of direction to come as we finished down a bit. The contract was rolled forward so the price is slightly higher but still unable to make any headway against overhead supply. All the stocks on my list were lower with XLE $35.73 -1.70 (4.54%).
METALS, GOLD: $1,716.40 +9.60. After the recent gains, Gold broke below $1,700 yesterday but failed to follow-thru to the downside and closed higher. The 5 and 20-day MAs look like they may cross to the upside, But it was still unable to break the downtrend line at $1,726. We are long NEM.
BITCOIN: closed $9,270 +400. After breaking out over $7500 we have moved as high as just over $10,000 before gapping down overnight to trade as low as $8,400 earlier this week. We continue to recover higher prices and we added 350 shares of GBTC yesterday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $11.21 + .58 today.
Tomorrow is another day.
CAM
DJIA -1315 From Yesterday’s High
POWELL Says, “No Neg Rates”
Today’s market was down from the start with PPI numbers and Jay Powell talking about the economy, negative rates, a slower than Trump promises recovery and just in general spooking anyone within the sound of his voice. The futures had been higher, but the rally in afterhours last night had pushed up the “fair value” to the point of a negative open. It only got worse throughout the day as the A/D and volume piled up on the downside finishing 8:1 down on the NYSE and 4:1 on the NAZ, but also on the NY the volume was a solid 7:1 down too. On the DJIA we had only one stock up, MRK, and only $ .74. The losers were spread around with UHN the biggest loser -70, GS -37, MMM -36 AND AXP -35 DPs. Financials, Energy, and Industrials were the weakest with Consumer staples and Utilities the “least weak.”
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/vm3CUCipzT0
SECTORS: The news from UBER / GRUB was that there would be no deal at 2.1 shares of UBER for GRUB, but it was disclosed that UBER was considering a ratio of just 1.9:1, so UBER moved up $ .62 while GRUB was lower by $2.25 (3.73%). The good news was that UBER said there were $300 million in cost efficiencies in the deal for them. Not much of a dent in the $2.9 Billion they lost this quarter, but I guess you have to start somewhere.
Cisco reported a beat after the close and the stock, down from a high yesterday of $44.30 had closed $41.95 - $1.27 rallied on the news to $44.45 but closed $42.94 +.99.
ASCO, the Cancer Society annual meeting is in 2 weeks, and Allogene (ALLO) published their findings on a new therapy and the stock shot up from its close of $30.98 -1.56 (4.79%) to trade as high as $46.57 before closing $39.50 + 8.52. There will be a steady stream of these type of announcements in the next 10 days.
FOOD SUPPLY: was MIXED with TSN -1.58, BGS +1.50, FLO +1.29, CAG +.18, MDLZ -.84, KHC -.16, CALM -.55, JJSF -.65, SAFM -.94, LANC +.63, GO -.61, UNFI +7.22 (46.55%) on preliminary reporting of their Q3 sales and several upgrades lead the group, and BYND +1.07.
BIOPHARMA: was LOWER with BIIB -4.81, ABBV -1.38, REGN +19.46, ISRG -13.93, GILD -.61, MYL -.53, TEVA -.37, VRTX +1.43, BHC -.64, INCY -.29, ICPT -2.37, LABU -2.69 and IBB $130.00 -1.05 (.80%).
CANNABIS: This group was LOWER with TLRY -.21, CGC -1.07, CRON -.28, GWPH -3.95, ACB -.56 (8.67%), PYX -.04, NBEV -.065, CURLF +.06, KERN -.02 and MJ $10.96 -.59 (5.11%).
DEFENSE: was LOWER with LMT -5.51, GD -.52, TXT -1.63, NOC -5.05, BWXT -1.69, TDY -5.90, RTX -2.07, and ITA $141.70 -4.37 (2.99%).
RETAIL was LOWER with M +.06, JWN -.66, KSS -.31, DDS -1.19, JCP +.035 (17.65%), WMT +.42, TGT +.27, TJX -.76, RL -.52, USS -.74, LULU -11.22, TPR -1.21, CPRI -.62, and XRT $36.04 -.96 (2.59%).
FAANG and Big Cap: were LOWER with GOOGL -20.28, AMZN +15.05, AAPL -2.91, FB -3.80, NFLX +7.79, NVDA +3.29, TSLA -9.62, BABA -.01, BIDU -1.17, CMG -24.73, CAT -.46, BA -2.32, DIS -1.07 and XLK $91.83 -1.61 (1.72%).
FINANCIALS were LOWER with GS -4.85, JPM -2.83, BAC -.87, MS -1.24, C -1.40, PNC -3.21, AIG -1.45, TRV -4.12, AXP -4.17, V -1.16 and XLF $20.66 -.63 (2.96%).
OIL, $26.68 -.65. Oil was another short-range day that gave no hint of direction to come as we finished down a bit. The contract was rolled forward so the price is slightly higher but still unable to make any headway against overhead supply. All the stocks on my list were lower with XLE $35.73 -1.70 (4.54%).
METALS, GOLD: $1,716.40 +9.60. After the recent gains, Gold broke below $1,700 yesterday but failed to follow-thru to the downside and closed higher. The 5 and 20-day MAs look like they may cross to the upside, But it was still unable to break the downtrend line at $1,726. We are long NEM.
BITCOIN: closed $9,270 +400. After breaking out over $7500 we have moved as high as just over $10,000 before gapping down overnight to trade as low as $8,400 earlier this week. We continue to recover higher prices and we added 350 shares of GBTC yesterday @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $11.21 + .58 today.
Tomorrow is another day.
CAM
This is the best tl;dr I could make, original reduced by 53%. (I'm a bot)
Federal Reserve Chairman Jerome Powell said Wednesday that policymakers may have to use additional weapons to pull the country out of an economic mire that has cost at least 20 million jobs and caused "a level of pain that is hard to capture in words."
"While the economic response has been both timely and appropriately large, it may not be the final chapter, given that the path ahead is both highly uncertain and subject to significant downside risks," Powell said in prepared remarks for a webcast event with the Peterson Institute for International Economics.
Powell said the recovery is largely dependent on a number of questions surrounding the virus, such as how long it will take for treatments to arise, whether the end of social distancing will spur new outbreaks and when consumer and business confidence will return.
"The answers to these questions will go a long way toward setting the timing and pace of the economic recovery," he said.
While he indicated the Fed will continue to bring all of its power to bear on stabilizing the economy and financial markets, Powell indicated that the biggest future response may have to come from Congress.
"Additional fiscal support could be costly, but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery. This tradeoff is one for our elected representatives, who wield powers of taxation and spending," he said.
Summary Source | FAQ | Feedback | Top keywords: Powell#1 economic#2 recovery#3 While#4 both#5
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I have staked some CRO yesterday and have not used them for anything not even for bitcoin syndicate. I want to unstake and don't want to keep it i hold for next 180 days. Please guide anyone
📢 Let’s know about what is SegWit in detail and how it works. If you are new to cryptocurrency and first like to clear your concept about Bitcoin, read our beginner's guide to Bitcoin and blockchain. As soon as you grab the basic knowledge about Bitcoin and cryptocurrencies, you can read this article to know about Segwit. Read the article here 👉🏻https://bit.ly/2zvD6fx
One of the most significant events in the crypto world has occurred today.🎉🎉🎉
Bitcoin went through the third in its history Halving ⚡️ The block reward reduced from 12.5 BTC to 6.25 BTC.
Latest Bitcoin News:
Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
I've seen a lot of information on anonymous usage of bitcoin, including this. I'm wondering if it's not fairly safe, for a low-volume (maybe only once) buying model, to:
I'm newer to this, so be gentle... What are the holes I'm missing? Is this fairly anonymous? I'm running on Windows 10.
Bitcoin Core is allowed to download and utilize, however it will cost you some time, data transmission and hard-drive space. While the product bitcoin core itself is free, you'll need to pay exchange fee so as to send and get bitcoin. You do have the choice to set your own expenses on a sliding scale, in view of exchange priority.Once the download is finished, you should make a secret word for your wallet before sending bitcoin to it. You can either utilize Bitcoin Core's GUI or the order line to explore to "Settings" and pick "Encode Wallet". Next, pick a secret phrase.
It's suggested that you store your secret key disconnected in a safe area. In the event that you lose your secret phrase, you'll lose all entrance to your wallet and its substance, permanently.Bitcoin Core is in excess of a wallet, yet for ordinary clients, its wallet usefulness is such's important to comprehend. We'll cover the more profound usefulness in the remainder of this Bitcoin Core audit, however new clients ought not be concerned that we'll get excessively in fact complex.For customer support contact our Bitcoin Core Wallet Support Number +1(856) 254-3098.
