Receive all Bitcoinist news in Telegram! To title this week dramatic in the cryptocurrency space would be an understatement. BTC has seen a price surge with renewed interest from big names like Goldman Sachs while altcoins have major events on the horizon. This is a very exciting period for altcoins cost of mining 1 bitcoin to euro BTC, ZCL, ENJ, and DGB.
What a Week It Has Been, What a Week It Will Be The cryptocurrency markets have finally broken out of a multi-month bear slump in brute force. Goldman Sachs announced earlier this week they would begin futures trading of BTC and also were considering a trading desk. This was confirmed on Thursday, May 3, 2018, with the likely pursuit of similar operations by other Wall Street Banks. A recent announcement by the Anonymous Bitcoin team revealed that BTC and ZCL will both be receiving a forked coin on September 10, 2018. This past week a new dev team announced on CNBC they would be forking ZCL with BTC, creating Anonymous Bitcoin. This was the first televised fork announcement by a major broadcaster like CNBC.
This would allow individuals to be incentivized to hold their Anonymous Bitcoin vs actively trade it. This fork was officially announced April 28, 2018. 40 before conflicting news was announced by prior ZCL dev teams regarding the inauthenticity of the fork. The Anonymous Bitcoin team has defended their position and remained completely transparent regarding their methods for forking ZCL while being present and doing interviews at the last two cryptocurrency conventions in Miami and Los Angeles. The Founder of the project, Jake Greenbaum, will be going to Consensus to continue to network, interview, and share the philosophy behind why forks create better technology at little to no cost to the crypto community. 22 with new advisors to be announced in the near future, the executive summary to be released in the next week, and the white paper to be released by June 1st. At a bare minimum, the next few weeks will be exciting to watch the charts of ZCL.
Unity is a cross-platform game engine that is used to develop video games for all consoles and mobile devices. This week is important for ENJ because they are speaking and having booths at Unity’s event in Tokyo and next week’s event in Beijing. ENJ is attempting to integrate its currency into multiple gaming platforms and where better to demonstrate their capabilities than at Unite Tokyo and Unite Beijing? If ENJ’s presentations and exposure in Asia is viewed positively this numbers should trend upward. True in Game Ownership of Digital Assets. Blockchain Based Open Authentication Protocol Service May 11One of the biggest concerns of individuals actively participating in the cryptocurrency space is the possibility of being hacked. Managing a handful of passwords that conceal what could amount to thousands of dollars is a frightening prospect.
May 11, 2018, maybe a revolutionary day for passwords and that irritating 2FA authentication. If this is correct this will relieve much of the irritation associated with logging into an exchange or accessing a wallet. However, if a hack occurs their entire platform could come crumbling down. With one of their biggest developments to date being released May 11, this should be a very exciting week for DGB. The price of DGB will gauge the market’s reaction. DGB blocks occur on the network every 15 seconds making DGB the fastest UTXO blockchain in the world.
DGB has focused on security and speed and this week releases their authentication protocol that very well may revolutionize how passwords and usernames are used as a means of verification. Bulls Retaking the Reigns This has been an exciting week for many as their portfolios have risen nicely and major projects have started back up in the crypto space. Summer should be a period where enthusiasm is rebuilt and the BTC train begins to build major momentum again. Do you agree with this week’s picks? Bannon predicts that Bitcoin and other cryptocurrencies will disrupt the banking system. Moreover, according to The New York Times, he wants to help entrepreneurs and countries to create and issue their own cryptocurrencies.
Bitcoin For many, Bannon was a major actor in masterminding the 2016 U. Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments. Better Than Credit Cards Currently sitting on the Board of Directors of Overstock. Receive all Bitcoinist news in Telegram! To title this week dramatic in the cryptocurrency space would be an understatement.