📰 Vitalik Buterin has penned a new proposal that could lay the foundation for resolving one of the ethereum network's biggest outstanding questions - whether a limit on the amount of ether that could be created would ever be set.
In a new ethereum improvement proposal (EIP) authored April 1, the cryptocurrency's creator issued his latest thoughts on the matter, posing to developers and software users that the maximum supply of ether, the network's cryptocurrency, be set at 120,204,432, "or exactly 2x the amount of ether" sold in its original sale in 2014 in a forthcoming software change.
In a new ethereum improvement proposal (EIP) authored April 1, the cryptocurrency's creator issued his latest thoughts on the matter, posing to developers and software users that the maximum supply of ether, the network's cryptocurrency, be set at 120,204,432, "or exactly 2x the amount of ether" sold in its original sale in 2014 in a forthcoming software change.
📰 Chinese petrochemical giant Sinochem Group has succeeded in utilizing blockchain technology to carry out a gasoline export.
The trial shipment was completed by the group's subsidiary, Sinochem Energy Technology, and traveled from the Chinese city of Quanzhou to Singapore.
The technology is seen as a way to simplify complex and lengthy transactions in energy trading and reduce costs by digitalising key documents. Digital bills of lading and smart contracts could streamline crude oil transactions, "optimizing 20-30 percent of financing costs."
The trial shipment was completed by the group's subsidiary, Sinochem Energy Technology, and traveled from the Chinese city of Quanzhou to Singapore.
The technology is seen as a way to simplify complex and lengthy transactions in energy trading and reduce costs by digitalising key documents. Digital bills of lading and smart contracts could streamline crude oil transactions, "optimizing 20-30 percent of financing costs."
#bitcoin
OUTLOOK: Cautiously bullish
Bull RSI div and a breach of falling trendline cud yield rally to $7.9K.
4H 50MA and 10DMA are biased bearish. So, need to be cautious.
Only break below $6,890 wud abort the bull view.
OUTLOOK: Cautiously bullish
Bull RSI div and a breach of falling trendline cud yield rally to $7.9K.
4H 50MA and 10DMA are biased bearish. So, need to be cautious.
Only break below $6,890 wud abort the bull view.
🎓 This week the cryptocurrency exchange Huobi’s educational subsidiary ‘Huobi Research’ conducted a survey with close to 2,000 individuals from 23 different countries to get a visual of what cryptocurrency sentiment looks like today.
As cryptocurrencies have slid in value over the past three months according to the report, 77.9% of those polled were still bullish over the next three years. 55.6% of the voters believed that the total market value of cryptocurrency would increase in April.
As cryptocurrencies have slid in value over the past three months according to the report, 77.9% of those polled were still bullish over the next three years. 55.6% of the voters believed that the total market value of cryptocurrency would increase in April.
#BTC hourly chart shows higher highs and higher lows, bull 50MA & 100MA cross, a break above resistance at $7,269.
Looks set to extend gains after bout of consolidation around the hourly 200MA
Looks set to extend gains after bout of consolidation around the hourly 200MA
📰 Japan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen.
Bitmain Confirms Release of First-Ever Ethereum ASIC Miners
Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech.
The Antminer E3 is set to ship this July, according to Bitmain's website, at a price of $800 per unit. According to statements, the company is limiting orders to "one unit per user" with restrictions on shipping to China and Taiwan.
Bitcoin mining hardware firm Bitmain unveiled its long-rumored ethereum mining tech.
The Antminer E3 is set to ship this July, according to Bitmain's website, at a price of $800 per unit. According to statements, the company is limiting orders to "one unit per user" with restrictions on shipping to China and Taiwan.
Crypto Exchanges Charging Up To $3 Million To List Tokens
Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.
“The market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” explained the authors of the report.
Tokens become more attractive if buyers know they can trade them easily, meaning the success of an ICO often comes down to getting the listing on an exchange.
Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.
“The market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” explained the authors of the report.
Tokens become more attractive if buyers know they can trade them easily, meaning the success of an ICO often comes down to getting the listing on an exchange.
📰 Mexico Tests Blockchain to Track Bids for Public Contracts
The technology would eliminate the "easily corruptible" human element and introduce transparency to the public tender process. Martinez also pointed out that the blockchain would store records of the bidding process, allowing for audits after the fact.
The technology would eliminate the "easily corruptible" human element and introduce transparency to the public tender process. Martinez also pointed out that the blockchain would store records of the bidding process, allowing for audits after the fact.
For nearly half a year, India’s crypto enthusiasts have been searching for the cryptocurrency ethereum (ETH) over bitcoin (BTC).
Search volume is a leading indicator of what has momentum and is showing signs of growth. It may not correspond to people buying more ethereum, but there’s certainly a lot more interest.
Search volume is a leading indicator of what has momentum and is showing signs of growth. It may not correspond to people buying more ethereum, but there’s certainly a lot more interest.
#VergeCoin Daily Snapshot
OUTLOOK: Bull breakout confirmed on Tuesday, but #btc drop played a spoil sport.
Still, outlook remains bullish as indicated by bull flag breakout on hourly chart.
Could test $0.096-$0.10 in short-run.
Break below $0.032 to abort bull view.
OUTLOOK: Bull breakout confirmed on Tuesday, but #btc drop played a spoil sport.
Still, outlook remains bullish as indicated by bull flag breakout on hourly chart.
Could test $0.096-$0.10 in short-run.
Break below $0.032 to abort bull view.
📰 India Bans Banks from Processing Cryptocurrency Purchases
Indian residents can no longer purchase cryptocurrency through their bank accounts, according to new measures adopted by the country’s central bank.
Indian residents can no longer purchase cryptocurrency through their bank accounts, according to new measures adopted by the country’s central bank.