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Bitcoin (BTC) Price May Skyrocket Right After Halving

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#1
Bitcoin (BTC) Price May Skyrocket Right After Halving
twitter
 Published Today
Bitcoin (BTC) Price May Skyrocket Right After Halving 
Preston Pysh, Founder of The Investor's Podcast Network and Buffet's Books, argued that the Bitcoin halving itself will boost the profits for efficient miners. As a result, they won't be interested in selling their Bitcoins (BTC) because the price may grow. At the same time, speculators will be active and try to make the price go through the roof in the face of decreased supply and greed-powered demand. Thus, the activity of speculators hand in hand with the confidence of miners may catapult the price of the flagship cryptocurrency to a new ATH. Read Full on twitter

bitcoincryptoblockchain
Central Bank Of China Explains Digital Yuan
cointelegraph
 Published Few hours ago
Central Bank Of China Explains Digital Yuan 
The People's Bank of China responded with an official explanation of the proposed digital Yuan and how it would work. The bank has completed the top layer of design, with the digital currency adopting a two-layer architecture and two-tier delivery system. If the payment functions of online banking and payment platforms were to go down due to poor network signals, Digital Yuan will work as effectively as the paper Yuan. They claim Digital Yuan is not tied to any bank account and is free from the control of the traditional banking system. Read Full on cointelegraph

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Binance Completes 11th BNB Burn,Erasing 10% of BNB's supply
theblockcrypto
 Published Few hours ago
Binance Completes 11th BNB Burn,Erasing 10% of BNB's supply 
According to Binance’s official announcement, the exchange was able to burn $52.5 million worth of BNB in its 11th quarterly burn, a 35.2% increase from $38.8 million in Q4 of 2019. Binance burns more BNB tokens if there is more trading volume on the Exchange. Binance Claims despite the recent Coronavirus pandemic, Binance still managed to see higher trading volumes and user visits. According to Binance, the exchange is seeing 5x more traffic. Read Full on theblockcrypto

binancebnb
Singapore New Tax Guidance Exempts Miners From Tax
cointelegraph
 Published Few hours ago
Singapore New Tax Guidance Exempts Miners From Tax 
The Inland Revenue Authority of Singapore, or IRAS, issued updated tax guidance for digital tokens on April 17. The guidelines concern payment tokens, utility tokens, security tokens, and tokens issued through initial coin offerings, or ICOs. Fluctuations in the value tokens held by miners, ICO issuers, businesses, and individuals are not taxable or deductible unless realized. Miners may perform mining as a hobby or to hold the tokens mined as a long-term investment. If so, the disposal gains/ losses of the payment tokens are not taxable. Read Full on cointelegraph

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IOTA Coordicide Aims to Scale 1,000 TPS
BTCMANAGER
 Published Today
IOTA Coordicide Aims to Scale 1,000 TPS 
Darcy Camargo, a member of the IOTA research team, noted the next step in IOTA’s journey toward becoming fully decentralized is to kill the Coordinator. He told, transition from the Coordinator to the fabled Coordicide will essentially allow the IOTA Foundation to work from scratch to make the network fast, secure, scalable, and fully decentralized. He added that the Coordicide’s initial target will be to scale up to 1,000 TPS, while eventually the Coordicide will practically be able to scale unlimited in the long-term. Read Full on BTCMANAGER

iotablockchain
Crypto Subreddit Hits Million-Subscriber Milestone With Bitcoin Giveaway
Decrypt
 Published Today
Crypto Subreddit Hits Million-Subscriber Milestone With Bitcoin Giveaway 
The landmark occasion for the subreddit took seven years, and it still lags behind r/Bitcoin. It’s running a competition to celebrate. The prime subreddit for cryptocurrency memes, guerrilla reporting and price speculation, r/CryptoCurrency, today surpassed 1 million subscribers, making it the 299th most popular subreddit on the 14-year-old

 social network site. To celebrate the landmark occasion /CryptoCurrency is giving away close to 1.5 million satoshis. The competition will run until the end of April 22. Read Full on Decrypt

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VC Explained the Reasons of ETH 2.0 Being the Largest Economic Shift Ever
Twitter
 Published Today
VC Explained the Reasons of ETH 2.0 Being the Largest Economic Shift Ever 
Partner at Metacartel Ventures, Adam Cochran, has taken a deep dive into the economic potential of Ethereum and how the next iteration of the platform could be a game-changer. Cochran cites the following reasons for growth: #1 Rent Seekers, #2 Secondary Rounds, #3 Retail FOMO, #4 Actual demand, #5 Whale Cycle Buying, #6 Over Reaching (rounding), #7 Free Burning. Ethereum could play a key role in the inevitable paradigm shift that must be made in order for the global economy to survive. Read Full on Twitter

etheremcrypto
Messari CEO Says $3 Billion in Stablecoin are Ready to Enter Crypto Market
Twitter
 Published Today
Messari CEO Says $3 Billion in Stablecoin are Ready to Enter Crypto Market 
Founder of blockchain database startup Messari, Ryan Selkis says there’s a huge amount of crypto capital sitting on the sidelines, ready to move into Bitcoin, Ethereum, XRP and the greater altcoin markets. He says, “There’s now $3 billion++ of stablecoins sitting on exchanges. If investors wanted to cash out of crypto completely, they would have withdrawn funds to banks. Instead, we’ve got more dry powder held in the crypto economy than ever before. In both real and market cap % terms.” Read Full on Twitter

cryptobitcoinstablecoin
Spanish Researchers Working to Curb Coronavirus Spread With Blockchain
CoinDesk
 Published 1 Day ago
Spanish Researchers Working to Curb Coronavirus Spread With Blockchain 
Researchers from the Institute of Biomedical Research of Salamanca, the University of Salamanca and the Artificial Intelligence Research Institute are developing a smartphone app that leverages blockchain technology and artificial intelligence to help stop the COVID-19 pandemic. Blockchain will enables the app to give each participant a "digital identity" controlled by a private key that brings access a digital version of paper certificates issued by the government. These allow the confirmed healthy to leave home to buy food or to work. Read Full on CoinDesk

blockchainspain
Mark Cuban Acknowledged That Bitcoin Could Rival Gold As A Store Of Value
Decrypt
 Published 1 Day ago
Mark Cuban Acknowledged That Bitcoin Could Rival Gold As A Store Of Value 
Billionaire tech entrepreneur Mark Cuban acknowledged that Bitcoin could have the potential to become an alternative to gold. There’s just one catch though, the traditional economy needs to go down the pan for it to happen, according to Cuban. In his opinion, the main barrier that Bitcoin needs to overcome in order to challenge gold is its approachability. He said, it has to be completely friction-free and understandable by everybody first, and then you can say it's an alternative to gold as a store of value. Read Full on Decrypt

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#2
This will be a great news for those who will buy low now

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