Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars

Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price movements, and shares some suggestions as to where the market might be headed next. Also read: Film Reveals Never-Before-Seen Information About the Silk Road Case Bitcoin Analysis Without the Noise There are few advantages to being locked up in a maximum security facility, but one unexpected…

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Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments has been growing, new data from the Apennines shows. Also read: New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments Positive Statistics Reveal Northern Italy Leads in Adoption Figures published recently by market…

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CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto

On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but the company closed their account because they sell CBD infused goods. Aaron notes that bitcoin cash is quite helpful because of its censorship-resistant benefits by removing the middleman from the equation. Also Read: The Coolest Jobs in Crypto When CBD…

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Op Ed: Quantum Computing, Crypto Agility and Future Readiness

Over the past few decades, we have seen almost unimaginable progress in computation speed and power. A watch today is a more powerful computer than the first Macintosh that my parents bought me in 1984 (I was very lucky). The weakest and lightest laptop today is more powerful than the computers that I programmed on during my undergraduate studies in university. Do you remember the days of computers with 64 kilobytes of RAM? Now we count in gigabytes and, soon, terabytes.  Yes, I know that I’m old (but at least…

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Nayuta Launches Hybrid Full Node/SPV Mobile Bitcoin Wallet

On December 9, 2019, Nayuta announced the launch of what it claims is the first application to enable a “Bitcoin full node and SPV [simplified payment verification] node” on mobile devices.  The Japanese company, best known for releasing the fourth Lightning Network client which operates on the grounds of the BOLT protocol, Ptarmigan, has published the installation kit for its new wallet on GitHub. All Android phone owners should be able to download and install Nayuta’s wallet software, and the full validating node will automatically get pruned according to storage…

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Accused Onecoin Co-Conspirators Fight Criminal Charges in the US

The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time to process an acquittal motion. Additionally, according to testimony from Onecoin cofounder Konstantin Ignatov, the owner of the Phoenix Thoroughbreds was accused of stealing €100 million from the Onecoin Ponzi. Also read: Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles Accused…

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The Coolest Jobs in Crypto

Meme Lord. Street artist. Unique startup founder. Feeder of the hungry. There’s no end to the amount of cool jobs in crypto, and new uses for decentralized, peer-to-peer cash are limited only by the bounds of one’s imagination. Whether finding new and innovative solutions for longstanding societal or technological problems, just having fun, or both, those receiving a paycheck in digital currencies aren’t always day traders or suits doing desk work at a big firm. Also Read: Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto Cool Money Crypto is…

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Blockchain Spending to See a Huge Increase in the Near Future

Blockchain spending will increase tenfold in the next few years. Governments, companies and organizations are all investing money in blockchain technology because of the solutions it offers. Investors have learned their lesson and are putting heavy emphasis on innovative technology. Many people were slow to pick up on the Internet, but in a little over 20 years, it’s become an inseparable part of our daily lives. Crytocurrencies have already created billions of dollars for the combined market value. The firm International Data Corporation published in a research that blockchain spending…

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Bakkt Launches Bitcoin Options in US, Futures in Asia

Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: SEC Approves Bitcoin Futures Fund 2 New Regulated Products Bakkt, a digital asset platform powered by Intercontinental Exchange Inc. (ICE), the parent company of the New York Stock Exchange (NYSE), announced Monday that its two…

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China Releases Year-End Crypto Rankings

China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Year-End Crypto Rankings The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 15th update of its crypto project rankings on Friday. While the hype for blockchain technology initiated by President Xi…

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