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Friday 31 May 2019
SBI wants a single resolution professional for RCom, subsidiaries
from Stocks-Markets-Economic Times http://bit.ly/2IcOwoX
Street bets on poll dividend, and midcaps get the bounce
Cabinet okays Rs 13,343 crore to bear full cost of livestock vaccination
from Moneycontrol Latest News http://bit.ly/2IeVsBW
Two leaders of Samajwadi Party shot dead in Uttar Pradesh
from Moneycontrol Latest News http://bit.ly/2EMcrdQ
Silver prices to rally on account of global recession fears
from Moneycontrol Latest News http://bit.ly/2XmgvsS
US President Donald Trump to formally announce re-election bid on June 18
from Moneycontrol Latest News http://bit.ly/2ENxbCl
Wall Street skids, jolted by Trump#39;s surprise tariff threat on Mexico
from Moneycontrol Global Markets http://bit.ly/2IaoBOU
Nifty@12K: A historical month for D-St; 80 stocks rose 10-30% in BSE500 in May
from Moneycontrol Latest News http://bit.ly/2WjOw0r
Don#39;t worry about BJP#39;s return to power: AIMIM president Asaduddin Owaisi to Muslims
from Moneycontrol Latest News http://bit.ly/2Ic5N1B
As defence minister, major challenges await Rajnath Singh
from Moneycontrol Latest News http://bit.ly/2ELKTWm
Committed to ensure women empowerment, children welfare: Smriti Irani
from Moneycontrol Latest News http://bit.ly/2IbQQfU
From the history books: Evolution of the Cricket World Cup
from Moneycontrol Latest News http://bit.ly/2QAVgkl
Heads up! Market could trade in a range till Budget despite euphoria
from Moneycontrol Latest News http://bit.ly/2WgZELA
Wall Street skids, jolted by Trump#39;s surprise tariff threat on Mexico
from Moneycontrol Latest News http://bit.ly/2IaoBOU
Cloudbet Announces 30 BTC Cricket World Cup Airdrop
Cloudbet, the leading bitcoin casino and sportsbook, has announced one of its biggest ever promotions. To honour the 12th edition of the ICC Cricket World Cup, and a huge upgrade to their cricket product, they are offering new customers the chance to share a 30 BTC prize pool. Join in the action now.
Any new customer signing up during the Cricket World Cup will be placed in a daily ballot. Just 500 each day will be selected and be given 1mBTC in bonus funds to use on six selected cricket matches during the tournament; anyone who wins all six bets walks away with their balance.
A Cloudbet spokesperson said, “With the end of Crypto winter in sight, this is a great opportunity for bitcoin bettors to increase their stack. We can’t wait to see plenty of punters walking away with some serious gains.”
During the Cricket World Cup, users can trade in-play with 0% commission and place wagers on the widest range of markets at Cloudbet. There’s nowhere better to bet with bitcoin.
About Cloudbet
Established in 2013, Cloudbet is the world’s leading bitcoin sportsbook and bitcoin casino platform, fully licensed and regulated with satisfied customers in over 100 countries.
Cloudbet offers exceptional value odds and unrivalled bitcoin betting limits, while new customers also receive a generous 100% deposit bonus up to 5 BTC/BCH.
Follow this link to visit the Cloudbet website: www.cloudbet.com
For more information contact: press@cloudbet.com
Follow us on Twitter for latest news and promotions: @Cloudbet
Disclosure: This is a sponsored press release
The post Cloudbet Announces 30 BTC Cricket World Cup Airdrop appeared first on The Merkle Hash.
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Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption
The CEO of the firm developing the Bahamas’ central bank digital currency said that startups will be key to its adoption
from Cointelegraph.com News http://bit.ly/2MiuvT7
Top 3 Reasons why This Weekend’s Bitcoin Price Outlook is Bearish
A lot of people have very high hopes of seeing a major Bitcoin price rebound over the course of the weekend. While that is always one possible scenario, it seems rather unlikely any real action will occur. Despite hitting just over $9,000 earlier in the week, the negative pressure may continue for at least a few more days.
Support Levels Turned Into Resistance
Even people who are not familiar with the concept of technical analysis, it is not hard to see how the current Bitcoin chart is performing. More specifically, Bitcoin broke through $8,400 a few days ago, pushed for $8,700 and straight up shot to just over $9,0000. It was a very interesting week in that regard, albeit it quickly became apparent that uptrend could not be sustained for too long. The expected correction kicked in shortly after and drove the price down to nearly $8,000 a few hours later.
Ever since, Bitcoin has struggled to note any real momentum to speak of. While there is a very healthy uptrend between $8,000 and the $8,400 range right now, it seems unlikely the Bitcoin price will go much higher over the course of the weekend. With current resistance levels at $8.394 and $8,524, there is a lot of room to bounce. However, no successful break of the $8,394 level has materialized as of yet, thus it seems that might be as high as the price can go, for now. A drop to $8,306 is not out of the question either, unfortunately.
Second Correction Wave is in Place
A few weeks ago, we mentioned how the Bitcoin price could potentially go through a five-wave correction stage prior to setting a new all-time high. As the first wave came to an end as soon as Bitcoin surpassed $8,600, it is evident the second wave kicked in almost immediately after. This is not entirely unlike the price trend which materialized back in 2017, thus there is no real reason for concern as of yet.
Based on our expectations several weeks ago, correction wave 2 would be short but very violent. A $1,000 Bitcoin price drop is certainly on the violent side of the spectrum, yet one has to wonder how long it will last. Back in 2017, it lasted around a week and a few hours, but this trend may end up being entirely different from the previous one. Even so, history is repeating itself in an intriguing manner, which is well worth keeping an eye on.
Mining Difficulty is a Mystery Factor
Earlier today, it became apparent the Bitcoin mining difficulty noted a new all-time high. While no one knows for sure what is driving this particular development, one has to wonder if this change will impact the Bitcoin price over the course of this weekend. Both aspects are correlated in some ways, albeit it remains uncertain which facet influences the other and why.
Several potential outcomes are at play in this regard. The current Bitcoin price may reduce the additional hashpower which came online earlier in the week. At the same time, it may spark a frenzy of miners who are firing their rigs back up. That latter scenario will strengthen the Bitcoin network, but it may also trigger more selling pressure on the open markets. For now, it is anyone’s guess as to what comes next.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.
Image(s): Shutterstock.com
The post Top 3 Reasons why This Weekend’s Bitcoin Price Outlook is Bearish appeared first on The Merkle Hash.
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Why All Bitcoin and Crypto Investors Should Consider U2F Security Keys
The Chief Information Security Officer at Coinbase, Philip Martin, has revealed that the firm has enabled its Coinbase and Coinbase Pro accounts to support securing Bitcoin and other crypto assets using U2F Security Keys – a safer, and somewhat ironclad alternative to SMS-based two-factor protection of accounts.
With SIM-based hacks picking up in pace and severity, and with crypto being so attractive to cyber criminals due to the pseudo-anonymity and general unfamiliarity associated with it, U2F protection via Security Keys are likely to become a necessary investment for any and all crypto investors who care about the safety of their assets.
Coinbase: Secure Your Bitcoin With U2F Security Keys
This week, San Francisco-based crypto giant Coinbase revealed that its customers can now secure their crypto assets and Bitcoin using Security Keys and WebAuthN.
Coinbase now supports security keys! Really excited to get this out the door and in the hands of our customers. https://t.co/4fpEb0z3WW
— Philip Martin (@SecurityGuyPhil) May 30, 2019
In a blog post shared by Chief Information Security Officer Philip Martin, the firm revealed that support for U2F (Universal 2nd Factor) has now been enabled. The completely optional feature arms crypto investors with the highest level of personal asset security – far safer and secure than traditional SMS-based two-factor authentication, and even safer than authenticator apps like Google Authenticator or Authy.
Related Reading | Google U2F Security Expert: Crypto is Like Catnip for Cyber Criminals
Coinbase calls Security Keys the “gold standard of modern account security,” and recommends users secure additional accounts using Security Keys, such as Twitter, Dropbox, Youtube, Instagram or Gmail – which oftentimes is tied to the login of crypto exchange accounts and acts as another backdoor for cyber criminals to access.
Why Crypto Investors Need To Consider U2F Security Keys
The emergence of Bitcoin ten years ago brought with it the creation of an entire new asset class in crypto. The young, budding financial technology has the potential to completely transform money as we know it. Bitcoin and most cryptocurrencies that came after it were designed to be decentralized, and borderless, with no controlling party that can intervene in transactions, freeze assets, and more the same way governments can govern the fiat currencies held by its citizens. But putting complete control, ownership, and therefore responsibility over significant wealth in the hands of the average person, is a recipe for disaster.
Even Coinbase concludes the”vast majority of theft is due to human error.”
In a recent Medium post entitled The Most Expensive Lesson Of My Life: Details of SIM Port Hack, the author, Sean Coonce, Engineering Leadership at BitGo – the self-proclaimed “leader in the storage of digital assets” – details an account where the developer had his entire crypto accounts drained in a SIM port hack.
Related Reading | Pro League of Legends Gamer Robbed of $200K in Crypto in Sim-Hack
SIM port hacks are an emerging trend where cyber criminals gain unauthorized access to a user’s phone number, which is then used to receive SMS-based two-factor codes allowing the hackers to access sensitive financial accounts and steal all of the crypto assets held there.
In this example, even a crypto industry developer working for the “leader” in the storage of crypto had his assets stolen right out from under his nose while he slept – it’s foolish to think it couldn’t happen to you.
By investing in a U2F Security Key, cyber criminals would need access to the physical Security Key to be able to access accounts secured using this method, bringing the highest level of protection possible. The downside is that the user will experience a minor inconvenience each time they need to log into an account, or may be locked out themselves if they don’t have immediate physical access to the Security Key. But it’s an inconvenience worth experiencing for the added safety and security.
Pro tip: The Ledger Nano S doubles as a security key, and can be used to secure even Gmail accounts.
The post Why All Bitcoin and Crypto Investors Should Consider U2F Security Keys appeared first on NewsBTC.
from NewsBTC http://bit.ly/2JP8BoE
Crypto Markets Show Signs of Recovery, While Oil Prices Slump
Digital currencies have shown gains on the day following yesterday’s correction
from Cointelegraph.com News http://bit.ly/2Qzb9I7
Redmi Note 7S Review
from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com http://bit.ly/2KeM3gg
Oppo A1k Review
from RSS Feeds : RSS REVIEWS Feed - NDTV Gadgets360.com http://bit.ly/2Kd7heM
G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments
The FSB urges regulators to stay on top of risk management policies for the rapidly-changing cryptocurrency space
from Cointelegraph.com News http://bit.ly/2Z1WuIl
Ethereum: Despite Recent Bearishness, ETH Still Has Incredibly Strong Fundamentals
The aggregated crypto markets have been incurring significant amounts of downwards pressure over the past couple of days as a result of Bitcoin’s inability to climb past $9,000. This has led Ethereum to face considerable selling pressure that has led its price to drop significantly from its recent highs.
Despite this latest drop, it is important to note that recent data suggests that ETH is incurring significant fundamental strength, which may ultimately allow it to surge higher.
Ethereum Finds Support Around $250 After Plunging
At the time of writing, Ethereum is trading down nearly 8% at its current price of $258, down significantly from its 24-hour highs of nearly $290.
ETH’s plunge coincided closely with Bitcoin’s drop, as it ran to highs of nearly $290 as Bitcoin surged to $9,000, and then subsequently plunged to lows of $250 right as BTC dropped to lows of roughly $8,100.
Although Ethereum has since recovered slightly from these lows and is now expressing some stability at its current price levels, it is important to note that some analysts believe it could face further downwards pressure in the near-future.
DonAlt, a popular cryptocurrency trader on Twitter, expressed a bearish sentiment regarding the cryptocurrency in a recent tweet, noting that he believes it may plunge as low as $200 before finding significant support.
“$ETH Entered a short here, looks very much like a top to me. Target just above 200. If I get stopped out, I’ll flip long and take it to $400 with everyone else,” he noted.
Entered a short here, looks very much like a top to me.
Target just above 200.
If I get stopped out, I'll flip long and take it to $400 with everyone else. pic.twitter.com/iSCyNPXnru— DonAlt (@CryptoDonAlt) May 31, 2019
Although it remains unclear as to whether or not this sentiment is valid based on ETH’s ability to recover slightly from its recent lows, it is highly likely that where it goes next will be at least partially based on how Bitcoin trades in the near-future.
ETH Still Has Strong Fundamentals
While looking away from Ethereum’s price, it is clear that the cryptocurrency still has incredibly strong fundamentals that are significantly improving, and recently released data may lay out a bullish case for ETH’s future.
Binance Research, the research and analytics arm of the popular cryptocurrency exchange Binance, recently elucidated a few key data points regarding Ethereum from a fundamental perspective, noting that its chain is currently seeing a massive surge in active addresses and on-chain transactions.
“A brief look into the Ethereum $ETH chain: Active addresses reaching 10 month high. Daily on-chain transactions reaching 12 month high. Marketcap approaching 8 month high. Can ETH return to its former glory?” They explained in a recent tweet while referencing the below charts.
A brief look into the Ethereum $ETH chain
– Active addresses reaching 10 month high
– Daily on-chain transactions reaching 12 month high
– Marketcap approaching 8 month high
Can ETH return to its former glory? pic.twitter.com/MDK6etAtLj
— Binance Research (@BinanceResearch) May 30, 2019
Although Ethereum’s near-term price action is likely somewhat dependent on that of Bitcoin, its improving fundamentals signal that the markets are recovering from both a price perspective and a fundamental perspective, which may mean that further price gains are imminent.
Featured image from Shutterstock.
The post Ethereum: Despite Recent Bearishness, ETH Still Has Incredibly Strong Fundamentals appeared first on NewsBTC.
from NewsBTC http://bit.ly/2Wh1I6h
PC Jeweller posts Rs 376.8 crore net loss in Q4 last fiscal
Share market update: Telecom shares mixed; Tata Teleservices surges over 9%
BJP chief strategist Amit Shah no novice in market intelligence
Share market update: BSE Power index down; Suzlon Energy slumps over 4%
Top hedge funds bank on India, show little love for China
Asian Paints hits over 3-week high; chart points to more upside
Top intraday trading ideas for afternoon trade for Friday 31 May 2019
Share market update: OMCs trade in the green; HPCL gains over 2%
Stock market update: 37 stocks hit 52-week lows on NSE
Stock market update: Realty shares mixed; DLF down over 1%
Share market update: Bank shares rise; HDFC Bank up nearly 1%
ONGC rangebound after Q4 result; here's what analysts say
This hotel stock defied odds in bad times, should outshine now
Share market update: FMCG shares trade higher; Godrej Industries jumps 3%
Coal India jumps 4%; brokerages laud Q4 numbers
Wall Street steadies after sell-off, but gains muted
from Moneycontrol Global Markets http://bit.ly/2EVQZDF
Asia stocks sunk as Trump fires new trade salvo
from Moneycontrol Global Markets http://bit.ly/2XiOpP1
How to Check Bitcoin Cash Transactions With a Block Explorer
A block explorer is a tool that enables cryptocurrency users to search addresses, balances, blocks, and transactions so they can verify all activities on the network. Bitcoin.com offers a BCH explorer, helping you to keep track of your coins.
Also Read: Wallet and Card App Crypto.com Adds Bitcoin Cash Support
Learn to Use Bitcoin.com’s Block Explorer
The bitcoin cash explorer homepage displays the latest mined BCH blocks and transactions that have been broadcast to the network, and it also lets you investigate any address, block hash or transaction. To check up on a transaction, just insert its ID into the search bar and you can immediately access all the details pertaining to it. You will learn when a transaction was initiated and how many confirmations it has, if any, as well as other important details such as inputs, outputs, fees, byte size, scripts, and OPcodes.
The BCH block explorer can be viewed in eight languages including Russian, Spanish, Japanese, English, Chinese, Swedish, Indian, and Korean. The platform can also display monetary values in a number of fiat currencies such as the USD, EUR, AUD, RUB, INR, JPY, and CNY.
To learn more about using Bitcoin.com’s block explorer you can consult this helpful guide. And if you want to check out an alternative, the popular cryptocurrency wallet provider Blockchain.com has recently launched its own Bitcoin Cash explorer.
What do you think about using a block explorer for checking transactions? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.
The post How to Check Bitcoin Cash Transactions With a Block Explorer appeared first on Bitcoin News.
from Bitcoin News http://bit.ly/2WeEgXj
Top 6 Countries Showing an Increasing Demand for Bitcoin in 2019
It has been a very interesting year for the cryptocurrency industry so far. Albeit there is still some uncertainty in terms of price movement, it seems Bitcoin has become a lot more popular once again. The following countries all note an increasing demand for Bitcoin, primarily through the LocalBitcoins platform. It is a great solution to gain exposure to the world’s leading cryptocurrency.
Argentina is on a Tear
South American countries tend to show a keen demand for Bitcoin all year long. In the case of Argentina, that demand was relatively low until early 2017. Despite falling off again in 2018, the overall uptrend has continued this year. In recent weeks, new records in terms of trading volume have been recorded, as the 11.2 million Peso level has been surpassed successfully. A notable increase compared to a few weeks ago, and it will be interesting to see how high the overall volume can get if this price increase continues.
Colombia Creates a new Peak
Another South American country facing some financial hardship comes in the form of Colombia. It is a pretty interesting country for many different reasons, although it also shows a growing demand for Bitcoin over the past year and a half. Similar to Argentina, it seems the demand had fallen a bit throughout 2018, but the LocalBitcoins volume is picking up once again. With over 10 billion Colombian Peso in weekly trades, the market looks healthier than it ever has.
Kazakhstan is Good Bitcoin Country
While not too much seems to happen in Kazakhstan when it comes to Bitcoin and other cryptocurrencies, the demand for this new form of money is certainly present. According to the LocalBitcoins volume charts, the demand for Bitcoin in this country has begun spiking again in recent months. The average Kazakhstani Tenge volume has now surpassed 50 million, which is a more than respectable figure, all things considered. It is odd to see this country note such growth, whereas its neighboring countries all remain relatively flat where LocalBitcoins volume is concerned.
Peru has an Insatiable Demand for Bitcoin
One would not necessarily expect it, but Peruvians have shown a very genuine interest in Bitcoin throughout 2018 and 2018. It seems the lower Bitcoin prices have sparked a lot more trading volume on LocalBitcoins, albeit there could be other factors at play as well. With the weekly trading volume setting a new all-time high this month, it would appear local traders firmly expect the value of Bitcoin to surge in the months ahead. Converting the Peruvian Sol to Bitcoin through LocalBitcoins is something plenty of users engage in these days.
South Korea is Pushing Hard
Most cryptocurrency users know all too well South Korea has become a genuine powerhouse in terms of Bitcoin trading lately. As such, it is not too surprising to see the country’s demand for Bitcoin is still increasing. LocalBitcoins has never been too popular in this country, albeit things have definitely improved throughout 2019. This month, a new all-time high KRW trading volume was noted on LocalBitcoins, as 218 million Korean Won worth of BTC changed hands. Very impressive numbers, especially given the broad access to more mainstream exchange solutions in the country.
Venezuela Continues to Impress
Given all of the financial concerns in Venezuela these days, it would be more surprising if users did not show demand for Bitcoin or other cryptocurrencies. Through LocalBitcoins, it seems plenty of people are converting their Venezuelan Bolivar to and from Bitcoin these days. A few weeks ago, that volume surpassed 40.9 billion Bolivar for the very first time. An interesting turn of events, especially when considering how the country has its own Petro cryptocurrency. That particular project is still subjected to a lot of scrutiny these days, however.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.
Image(s): Shutterstock.com
The post Top 6 Countries Showing an Increasing Demand for Bitcoin in 2019 appeared first on The Merkle Hash.
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