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  • $225 million in long liquidations as BTC plunges to $6,400
    During Bitcoin's sell-off this morning, crypto exchange BitMEX saw a single liquidation of $104 million as price crashed down from its recent $8,400 high to around $6,400
    Bitcoin crashed to a low of $6,380 on BitMEX this morning as the original cryptocurrency lost over $10 billion in market cap during a period of flash liquidations on the exchange.

    BitMEX’s price index is formed using a 50:50 split of the Bitstamp and Coinbase Pro BTC/USD markets. The sell-off seems to have been triggered due to a massive amount of BTC being sold all at once on the crypto exchange Bitstamp.

    Bitcoin was trading comfortably above $7,800 before the sale of 3,600 BTC (worth around $28 million) wiped just over $1,500 off the price of the decentralised asset to trade at a low of $6,175.
    https://www.minds.com/newsfeed/976117808026664960
    BitMEX witnesses $225 million in long liquidations as BTC plunges to $6,400
    During Bitcoin's sell-off this morning, crypto exchange BitMEX saw a single liquidation of $104 million as price crashed down from its recent $8,400 high.
    WWW.MINDS.COM
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  • 6 Developments Potentially Triggering Bitcoin Price Volatility
    NullTX VOlatility Cryptos TOkens
    It has been a very turbulent night for Bitcoin and all of the alternative markets available today. With all markets losing as much as 10% of their value in quick succession, everyone is looking for a reason as to what happened. It appears there are a few interesting developments which can all influence the way these markets are moving. There is always much more to this industry compared to what is seen on the surface.

    Contents [hide]

    1 More Tether / Bitfinex “Drama”
    2 Blockport’s STO Fails to Raise Capital
    3 Prohashing Drops BCH ABC Mining (for now)
    4 Mounting Bitcoin Transaction Fees
    5 Binance Resumes Withdrawals Following Upgrade
    6 Poloniex Cracks Down on Potential Securities
    More Tether / Bitfinex “Drama”
    For quite some time now, a lot of cryptocurrency enthusiasts have claimed there is something amiss with Bitfinex and Tether. Both entities are suspected or artificially influencing the Bitcoin price, either for better or worse. These developments would then, in turn, affect all of the alternative markets as well, as they derive value from Bitcoin. In a new announcement, Bitfinex has scored a minor victory in terms of its legal proceedings. The New York Supreme Court agreed the injunction against Bitfinex was vague and overbroad. Because of this decision, both Bitfinex and Tether can continue their business as normal without any hindrances.

    However, there are always two sides to every story. As part of the proceedings yesterday, it seems Tether’s reserves can no longer be loaned to Bitfinex. Nor can Tether distribute funds from its reserves to its employees, executives, or anyone else who is not on the normal list of recipients. This new measure will remain in place for 90 days but will seemingly not cause any real problems. In fact, Tether seems more than happy with the new decision. A very interesting situation well worth keeping an eye on.

    Blockport’s STO Fails to Raise Capital
    Ever since ICOs have gone out of fashion, numerous companies have tried to raise funds through an STO, or Security Token Offering. While that model can be successful in many different ways, it is evident not everyone will be successful. Blockport, a company specializing in letting users buy Bitcoin with Euros, attempted to raise 1 million euro to keep its business moving forward.

    Since the cap was not reached, all investors will be reimbursed and no BPS tokens will be distributed. This also means the company needs to scale down significantly, and Blockport will be taken offline in late May of 2019. Although the company may restart in the future, the future remains somewhat unclear at this time. Users will be able to withdraw their funds accordingly, although further details will be provided over the coming weeks.

    Prohashing Drops BCH ABC Mining (for now)
    It has been an eventful week for the Bitcoin Cash community. Following some positive price moment, one would expect this ecosystem to note some big growth accordingly. A new hard for this week has caused a fair few problems. Especially the Prohashing mining pool saw an influx of orphaned blocks. Since no solution has been offered since, the company removed mining support through the Bitcoin Cash ABC Client. Instead, they now switched to Bitcoin Unlimited Cash. This doesn’t mean BCH support has been dropped altogether, but it is a peculiar development regardless.
    https://www.minds.com/newsfeed/976095822915854336
    6 Developments Potentially Triggering Bitcoin Price Volatility - NullTX
    It has been a very turbulent night for Bitcoin and all of the alternative markets available today. With all markets losing as much as 10% of their value in quick succession, everyone is looking for a reason as to what happened. It appears there are a few interesting developments which can all influence the way …
    WWW.MINDS.COM
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  • India's powerful NASSCOM tech lobby wants the Reserve Bank to give crypto a chance.
    Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
    Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry.

    NASSCOM, which represents the $154 billion Indian IT sector and is a powerful voice in the industry, is calling for the RBI to include crypto in its so-called ‘Draft Enabling Framework for Regulatory Sandbox’ after they shunned its inclusion in the official document on the framework, and excluded cryptocurrency, crypto trading and ICOs from testing.

    BITCOIN INCLUSION
    A NASSCOM spokesperson said including crypto in the framework would help the bank better understand the risks and opportunities presented by cryptocurrencies:
    https://www.minds.com/newsfeed/976047907171782656
    Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
    By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country's fintech industry. NASSCOM, which
    WWW.MINDS.COM
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  • Crypto Market Crashes, Bitcoin Down 9%, Ether - 7%
    The crypto market crashed on Friday morning (UTC time) suddenly, erasing almost all its gains this week, before rebounding somewhat.

    All major coins are in red now (04:14 UTC), while the absolute majority of tokens among the top 100 dropped by 10%-20% in the past 24 hours. The total market capitalization is down almost 10%, to USD 234 billion.

    Bitcoin dropped almost 10%, ether lost almost 7%, while XRP, Stellar and Cardano are the biggest losers among the top 10 coins.

    Top 10 coins by market capitalization:
    (04:14 UTC)
    According to Tuur Demeester, founder of Adamant Capital, a Bitcoin alpha hedge fund, and some other members of the cryptoverse, this flash crash was lead by selling on the Bitstamp exchange, where bitcoin price fell to as low as USD 6,178 before rebounding above USD 7,000 again.
    https://www.minds.com/newsfeed/976027671450144768
    Crypto Market Crashes, Bitcoin Down 9%, Ether - 7%
    The crypto market crashed on Friday morning (UTC time) suddenly, erasing almost all gains this week, before rebounding somewhat.
    WWW.MINDS.COM
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  • Amazon Crypto Patent Ignites Desperate Rumors of Bitcoin Integration
    For whatever reason, people believe that Amazon’s acceptance of Bitcoin or lack thereof will be a significant milestone for cryptocurrency. The company has never accepted it, which has given rise to several business models, including Purse.io and Moon’s recent browser extension.
    https://web.cbnt.io//amazon's-proof-of-work-crypto-patent-doesn't-mean-it's-accepting-bitcoin./15580746414688?action=referralRegister&code=kiboDo
    @Alidervash
    Amazon's proof-of-work crypto patent doesn't mean it's accepting bitcoin.
    Amazon Crypto Patent Ignites Desperate Rumors of Bitcoin IntegrationFor whatever reason, people beli
    WEB.CBNT.IO
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  • Trading Expert Suggests Bitcoin Cash Price Is on the Verge of a Breakout
    With BCH and ETH predicted to test new yearly highs, it seems very likely that a new altcoin season is just around the corner

    Bitcoin Cash turned out to be one of the best-gaining cryptocurrencies in the CoinMarketCap top 10 during the recent rally. Now, trading expert Luke Martin (better known as “Venture Coinist”) suggests that the BCH price is ready to move even higher.
    Bitcoin Cash dodged a bullet
    Bitcoin Cash was recently attacked by a bad actor who exploited an old bug in block template creation to prevent BCH users from transfering their funds. This attempt to wreak havoc with the BCH network coincided with a huge short position on Bitfinex (180,000 BCH). In such a way, the hacker wanted to sabotage BCH’s scheduled upgrade and tank its price, but the attempt turned to be unsuccessful.
    The price of Bitcoin Cash spiked by 9 percent after the upgrade that took place on May 15, which means that the person who created empty block probably lost a gargantuan amount of money once the short position had been liquidated.
    https://www.minds.com/newsfeed/975989326378483712
    Trading Expert Suggests Bitcoin Cash Price Is on the Verge of a Breakout
    With BCH and ETH predicted to test new yearly highs, it seems very likely that a new altcoin season is just around the corner
    WWW.MINDS.COM
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  • Top 4 Ways to Accelerate a Bitcoin Transaction in 2019
    bitcoin accepted here
    Anyone who has ever dealt with Bitcoin will acknowledge there are some drawbacks to the system. While it is not too inconvenient to use, the wait for transaction confirmations is often considered problematic. Thankfully, there are options to accelerate a Bitcoin transaction without too many problems. The following options all claim to provide this feature, albeit it is advised users conduct their own research.

    Contents [hide]

    1 Coinb.in Seems to Work Well
    2 ViaBTC Accelerates Numerous Currencies
    3 BTC.com can get the job Done
    4 One’s own Electrum Wallet
    Coinb.in Seems to Work Well
    When looking at the numerous service providers claiming to accelerate a Bitcoin transaction, Coinb.in seems to be mentioned on a regular basis. Their service is rather interesting to use, as it requires users to hex encode the Bitcoin TX they want to have accelerated. Behind the scenes, the service will sign transactions from within the browser. This also means the service operators never receive access to one’s private keys.

    Interestingly enough, anyone is capable of running a very similar service without any real problems. The Coinb.in source code is available on GitHub, which allows anyone in the world to effectively accelerate their Bitcoin transactions on their own accord. With such a solution in place, one has to wonder why any other solution needs to be tried. Even so, competition is a good thing in the cryptocurrency world.

    ViaBTC Accelerates Numerous Currencies
    When it comes to broadcasting Bitcoin and altcoin transactions, ViaBTC seems to offer a very interesting service. Their platform supports BTC, BCH, LTC, ETH, ETC, ZEC, DASH, BTM, XMR, and DCR at this time. This will undoubtedly please a lot of users who simply want to move funds across either of these networks at a quicker pace.

    In terms of accelerating transactions, it seems only Bitcoin is supported at this time. There are up to 100 free accelerations per hour, which means users might have to keep trying to get the desired result. There is also a paid service on the platform, albeit there doesn’t necessarily see, to be a reason to use that particular option to accelerate a Bitcoin transaction at this time.
    https://www.minds.com/newsfeed/975791237744791552
    Top 4 Ways to Accelerate a Bitcoin Transaction in 2019 - NullTX
    Anyone who has ever dealt with Bitcoin will acknowledge there are some drawbacks to the system. While it is not too inconvenient to use, the wait for transaction confirmations is often considered problematic. Thankfully, there are options to accelerate a Bitcoin transaction without too many problems. The following options all claim to provide this feature, …
    WWW.MINDS.COM
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  • XRP Price Prediction and Technical Analysis For May 16th
    xrp global market cap
    These are good times to be an active cryptocurrency trader. Even with the barest of knowledge, anyone can get a feel for how the markets are currently evolving and where things may head next. The recent XRP price momentum certainly took people by surprise, although the excitement might not necessarily be over just yet.

    Contents [hide]

    1 XRP Follows the Overall Trend
    2 XRP/USD Technical Analysis
    3 XRP/BTC Technical Analysis
    4 Special Mention: The Elder Ray Indicator
    XRP Follows the Overall Trend
    It is always difficult to pinpoint an exact reason as to why the value of any currency, token, or asset is moving up. Over the years, it has become apparent most markets follow Bitcoin’s overall trend in one way or another. When the world’s leading cryptocurrency continues to rise in value, there is a good chance all other markets will follow a very similar path.

    While most people would like to point at Ripple’s developments behind the scenes, it would appear that has little to do with this current price increase. It is good to see the parent company continue to forge ahead with its plans to revitalize the financial industry. However, that has very little to no impact on XRP’s price directly. More specifically, it won’t affect the public price of XRP, as Ripple’s partners are not buying this asset from places like Binance, Coinbase, or Poloniex.

    XRP/USD Technical Analysis
    On to the good stuff for today. For this chart, we are looking at the XRP/USD ratio on Bitstamp, which tells a rather interesting tale. All of the indicators on this Tradingview chart are free to use and will not require a paid subscription to plot. At the bottom of the chart, we have the MACD indicator with standard settings. On the price part, there are Bollinger Bands with standard settings, as well as the RSI Strategy indicator with its default settings. This latter indicator is a personal preference and can be substituted for any other of one’s choosing.
    https://www.minds.com/newsfeed/975782086006587392
    XRP Price Prediction and Technical Analysis For May 16th - NullTX
    These are good times to be an active cryptocurrency trader. Even with the barest of knowledge, anyone can get a feel for how the markets are currently evolving and where things may head next. The recent XRP price momentum certainly took people by surprise, although the excitement might not necessarily be over just yet. Contents1 …
    WWW.MINDS.COM
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  • CNBC Analyst on Bitcoin Price: “I Would Expect a Bit of a Pullback”
    With Bitcoin appearing at a crossroad, bulls and bears continue to play tug-of-war
    CNBC Analyst on Bitcoin Price: “I Would Expect a Bit of a Pullback”
    After Bitcoin surged above the $8,000 mark this week, CNBC expert predicts that its price might soon undergo a minor correction. The BTC price is currently struggling to make any upward moves, which signals an ebbing rally.
    Bulls spar with bears

    As the rally is gradually losing its steam, GRZ Energy’s Anthony Grisanti suggests that investors should brace themselves for a minor pullback.

    “Bitcoin has doubled in the last five months, so I would expect a bit of a pullback, and on the downside, there’s a very interesting gap there, from $6,870 to $6,425,” – Grisanti told CNBC’s r Seema Mody.

    At the time of writing, Bitcoin is trading at $8,011.62 after its price lost $300 in less than an hour. One trading earlier claimed that Bitcoin was severely oversold, which could result in another 80 percent drop.

    https://www.minds.com/newsfeed/975778467477770240
    CNBC Analyst on Bitcoin Price: “I Would Expect a Bit of a Pullback”
    With Bitcoin appearing at a crossroads, bulls and bears continue to play tug-of-war
    WWW.MINDS.COM
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  • BestCrypto starts ToTheMoon

    I do not know how quickly the rate of Bitcoin will grow. Most likely ToTheMoon will begin the nearest time. But for me another topic is much more important - the BestCrypto project is exactly starting its flight ToTheMoon.

    In this article I will not give any links, so as not to annoy anyone. But if you want to know how to find the BestCrypto, then it is very easy to do. On the Levelnaut website on the right side there are banners and there you can find a link to this group in Telegram.

    I already wrote about this project and talked about the fact that it appeared after a series of unsuccessful starts and explained the reasons for the failures. Unfortunately, today on the Internet there are just a huge number of offers that only discredit cryptocurrency, bitcoin and the idea of ​​the blockchain as a whole.

    Therefore, we decided to focus only on the best, most proven projects and set to work using the collective mind. We have selected everything that is the best and most effective in the crypto world today and started working as a team.

    Every day newcomers come to us. Yesterday, for example, CEO Markethive Thomas Prendergast joined us, who also liked the idea of ​​our project. He immediately shared with us the insider information and announced that very soon the possibility of investing btc and eth would appear in Markethive. Naturally, after such information there appeared an idea of ​​a more serious entering the Russian-language market, too.

    At the same time, thanks to a direct connection with the admins of OnTheTop and Ethereal, English-language versions of these projects are being prepared, which also gives excellent prospects for entering the international market.

    We expect very serious news from Telegram, which will soon launch its blockchain and Gram coin and many other projects.

    This news appears every day and it is very nice. But we are not a closed community or sect. We are ready to share insider information with all Internet users. Therefore, we invite you to join our group in Telegram.

    Boris Siomin,
    levelnaut.com
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