Bolt-A-Thon, a Virtual Lightning Network Event, Invites Borderless Progress

Bolt-A-Thon, a unique kind of Lightning Network hackathon and conference kicks off today, April 5, 2019, to help gather contributors from all over the world and propel Bitcoin’s vital Layer 2 solution. But rather than host the event in person, the organizers adopted a core tenet of the Lightning Network itself into the very fabric of Bolt-A-Thon. “The Lightning Network was built around the idea of financial inclusivity,” explained Andrew Yang, the COO at BlockFuse and an event organizer. “Anyone in the world can pay and it can be done…

Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

A court in Toronto, Canada, has ruled that a 30-year old drug dealer must forfeit CA$1.88 million (US$1.41 million) in bitcoin used in illegal activities on the dark web. On Wednesday, Superior Court Justice Jane Kelly ordered Matthew Phan to hand over 281.41 bitcoins to the Ministry of the Attorney General, according to a report from The Toronto Star. The funds will go to the province of Toronto. Phan reportedly pleaded guilty last December to attempting to import a gun and possessing cocaine and other drugs for trafficking that prosecutors said were brought…

If Bitcoin (BTC) Prices Are In a “Virtuous Cycle”, Is $12,000 Near?

Bitcoin prices on an uptrend, add 23.9 percent Analysts confirm Bitcoin whales ramping up Sid Shekhar of TokenAnalyst now confirms that indeed Apr 2 momentum shifting bull bar was fueled by heavyweights. With that, bulls are back, and Bitcoin (BTC) is firm above $4,500, adding 23.9 percent from last week’s close. Bitcoin Price Analysis Fundamentals True, Apr 2 bull bar did rouse participation, and we can authoritatively say the spike did shift market sentiment. However, the inexplicable surge is what remains mysterious to many. Before this, the Bitcoin and cryptocurrency…

Bitcoin Ridiculously Overbought – One Trader Says it Will Still Go Parabolic

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Now that the bitcoin price has broken above the $5,000 mark to set a new 2019 high, crypto traders are anxiously watching the charts to discern whether the flagship cryptocurrency…

Barclays, RBS Join 40-Strong R3 Blockchain Real Estate Trial

Two major United Kingdom banks — Barclays and Royal Bank of Scotland (RBS) — have joined a trial using blockchain to streamline real estate purchasing after rethinking the technology’s potential, Bloomberg reported on April 4. The trial, which involved a total of 40 participants, used a tool from Instant Property Network (IPN), a startup using enterprise blockchain group R3’s Corda platform. Introducing blockchain into the real estate exchange arena worldwide could result in savings of $160 billion, IPN told Bloomberg, with the previously skeptical banks appearing to warm to this…

Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense

Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. Of course, this is an oversimplification of the Bitcoin community. Crypto Twitter, which is the main hub of online cryptocurrency conversations these days, does not make up anywhere near the entire Bitcoin user base. When people talk about the Bitcoin community being toxic, they’re mostly complaining that some Bitcoin…

Data Shows Bitcoin Price Could Maximize Its Bull Momentum

Bitcoin price could be looking to extend its bullish momentum sentiment further, hinted Willy Woo’s indicator. The market analyst shared a chart reflecting upon the asset’s price action’s relationship with its NVT Signal Ratio. In retrospective, NVT Signal Ratio stands for Network Value to Transactions Ratio. It defines the 90-Day moving average on daily transactional volume passing through the Bitcoin blockchain against its total market capitalization. First introduced by Willy Woo, a cryptocurrency economy specialist, NVT Ratio gained adoption among the bitcoin analysts for its high relevance in spotting bubbles…

Saudi Arabia Pushing USD to the Brink is Good for Bitcoin, Here’s Why

The bitcoin price must have woken the world with its giant bullish movements. But a more optimistic case for the cryptocurrency is building up outside its realm. Saudi Arabia threatened to conduct its oil trades in currencies other than the US dollar if Washington passes the NOPEC bill. According to Reuters’ sources, Riyadh was annoyed with its Washington counterparts over NOPEC, a bill that will expose OPEC nations to be sued under US antitrust law. The sources said that the Saudi energy officials were discussing the matter internally and a proposal…

Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s…

Coinbase Tops JPMorgan in LinkedIn List of Most Popular Employers

Cryptocurrency exchange Coinbase has ranked above investment banking giant JPMorgan in LinkedIn’s top 50 U.S. employers list for 2019. The networking platform for professionals published the list on Wednesday, ranking Coinbase at number 35, 9 spots ahead of JPMorgan at number 44. No other cryptocurrency or blockchain firm made the list. Coinbase has predominantly hired staff in engineering, IT and human resources roles in the recent past, and has a current headcount of about 600 employees in the U.S., the report indicated. The exchange’s employees can choose to be paid partially or…