ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

founder Joseph Lubin is responding to employee complaints about how shares in the ethereum venture studio are doled out, sources say.
Source: worldnewsoffice
ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

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ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

founder Joseph Lubin is responding to employee complaints about how shares in the ethereum venture studio are doled out, sources say.
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ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

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Bitcoin finally gets an ‘A’ from Weiss Ratings

Bitcoin finally gets an ‘A’ from Weiss Ratings submitted by /u/Chrysalisair
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: BTC
Bitcoin finally gets an ‘A’ from Weiss Ratings

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Bitcoin Finally Gets an ‘A’ From Weiss Ratings

Bitcoin is top rated

Bitcoin is currently ranked top by Weiss Ratings with a grade of A, making it the most technologically and economically advanced of all the cryptocurrencies.


Bitcoin Attains Top Grade on Weiss Rating for

On the Weiss crypto website, bitcoin currently holds the top spot with an A grade. This latest grade marks BTC’s highest ever score on the rankings.

For the first few iterations of the rankings, bitcoin stayed outside the top ten with the agency assigning a score of C+ back in January 2018.

Bitcoin Get A- on Weiss Rating

Only a month ago did bitcoin move from a B to a B on the log supplied by the independent rating agency. In a letter from Martin D. Weiss, founder of Weiss Ratings, quoted by Forklog, Weiss declared:

After touching bottom in December, Bitcoin quadrupled in value in less 190 days. And today, the reward it delivers investors outweighs the risks. Its technology has been upgraded. Its network is back to normal.

Bitcoin’s ascent to the top of the Weiss ranking is in many ways a representation of the renaissance undergone within the technology itself.

Upgrades SegWit and transaction batching have helped to unclog the blockchain. Since the start of the year, Weiss Ratings has even issued positive remarks BTC.

Back in January 2019, the independent rating agency forecasted that bitcoin will reach all-time high and that top-ranked crypto would experience massive adoption. By the end of Q1 2019, Weiss Rating upped the ante proclaiming BTC to best positioned to become a popular store of value.

Technically and Fundamentally Superior

A breakdown of the current rating for BTC sees its tech/adoption and risk/reward grades at ‘A’ and ‘B” respectively. This places bitcoin is the most technically and fundamentally superior of all the cryptocurrencies.

Since experiencing a hash rate drop back in December 2018, the computing power utilized to protect the network has risen sharply to a new ATH above 60 quintillion hashes per second.

These massively improving fundamentals form part of the bull case for BTC as expressed by several commentators in the last few months.

On the price side, bitcoin has more than tripled over the course of the year, up by over 230%. There are commentators who forecast a new price ATH between $28,000 and $40,000 by the end of the year.

Analysts expect these fundamentals to continue to improve given the block reward halving that occurs in mid-2020.

At what price level do you think the Weiss Rating for BTC will reach a solid ‘A’? Let us know in the comments below.


Images via Weiss crypto and Twitter @BinanceResearch

The post Bitcoin Finally Gets an ‘A’ From Weiss Ratings appeared first on Bitcoinist.com.


Source: bitcoinist
Bitcoin Finally Gets an ‘A’ From Weiss Ratings

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finally got a wallet

Hey, This is actually very post on reddit, been a long lurker.
I just have to share my joy of finally transferring my Bitcoins from coinbase to a !
Got a spooked by a happening in Norway. Where the Norwegian trader, Bitcoins Norway, allegedly got hacked.
Anyways, Hodl on guys and gals!

submitted by /u/K0lnesen
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: BTC
finally got a wallet

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Finally after 3 years I got a proper hardware wallet!

Finally after 3 years I got a proper hardware wallet! submitted by /u/Honev
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Finally after 3 years I got a proper hardware wallet!

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Dogecoin Finally Listed on Binance — DOGE Price Up 30%

Today, will be on major exchange Binance


Source: cointelegraph
Dogecoin Finally Listed on Binance — DOGE Price Up 30%

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Prominent Analyst Shares His Reasoning For $40,000 Bitcoin By 2019

Since April this , significant moves by Bitcoin has seen the price pump from $4,100 to almost $14,000. Once again, cryptocurrencies are gracing the home pages of mainstream media outlets, and public interest is duly peaked.

Sentiment on whether crypto is indeed over still divides opinion, but Fundstrat’s Thomas Lee continues to push a bullish narrative. As long ago as May, following Consensus 2019, Lee cited 13 signs that a recovery is well underway. And in a recent interview, he calls a Bitcoin year- price of $40k.

Bitcoin Expectations

With numerous factors in play right now, from CFTC futures approvals to the influence of Facebook’s Libra, to speculation on the SEC finally giving Bitcoin ETFs the green , the rest of 2019 promises to be eventful.

And following recent price action, market anticipation of an extended bull-run is high. Indeed, fueled by growing institutional involvement, and a burgeoning realization that BTV isn’t going away, the expectation of blowing past $20,000 is immense.

In a recent interview, Lee presented his analysis of BTC and shared his reasoning by saying:

“This year has been a cascade of things that have reinforced that crypto winter is over. I think the first, most important thing was Bitcoin reattained its 200 day moving average. And in its 10 year history, whenever it’s above its 200 day, its price return is ten times better than when it’s below its 200 day… And then we had the golden cross, right, so the 50 day crossed above the 200 day.

And in a further acknowledgment of bullishness, Lee drew attention to the phenomenon of $10k FOMO. He said:

“I think that one of the key levels this year, something we’ve been writing about, was ten thousand, because that represented a price that Bitcoin’s only traded at in 3% of its history. So if you look at the prior , anytime Bitcoin gets into that rare range. Like when its only traded, in 3% of its history, a type of FOMO kicks in. And I think we saw that dynamic, because as as broke about ten, we almost went straight to fourteen thousand.”

Bitcoin Year-end Price Prediction

Price volatility and likely profit saw an end to the euphoria, as Bitcoin pulled back from $14,000. At present, Bitcoin/USD is showing an upward trend since July the 2nd. But, on a shorter timeframe, this morning saw the MACD cross back under the signal line, indicating a fall in BTC price in the short term. While RSI is heading towards the oversold territory.

Bitcoin price remains stable

All the same, when it comes to BTC price, crypto advocates expect a roller coaster ride. And in the case of Jimmy Song, volatility is simply a byproduct that comes with being decentralized and sovereign.

Regardless of the current slump, Lee remains undeterred in his outlook. And when piecing together his train of , he makes his end of year prediction by saying:

“I think now, in people’s minds they have to think back to those past cycles. That once you break above that 3%, Bitcoin likely goes up two-hundred to four-hundred percent within the next four months. Which means it could be as high as forty thousand, before the end of the year.”

Featured image from Unsplash

The post Prominent Analyst Shares His Reasoning For $40,000 Bitcoin By 2019 appeared first on NewsBTC.


Source: newsbtc
Prominent Analyst Shares His Reasoning For ,000 Bitcoin By 2019

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Crypto Ambitions Rise in Cuba to Curb Economic Crisis

The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets.

Cuba Going Crypto

As part of a of measures to boost its economy the Cuban government said that it was looking into the use of cryptocurrencies. The move comes amid a deepening crisis exacerbated by US sanctions which appear to be spreading across the globe as president Trump deepens his economic embargoes.

The island nation’s state run economy is crumbling due to a decline in Venezuelan aid, lower exports, and tightening of sanctions according to a Reuters report. President Miguel Diaz-Canel announced the measures on state-run TV this week which will also raise income for around a quarter of the population and deepen market reforms.

Economy Alejandro Gil Fernandez said:

“We are studying the potential use of cryptocurrency … in our national and international commercial transactions, and we are working on that together with academics,”

There were no further details or specifics on whether Cuba would be developing its own state crypto, similar to Venezuala’s Petro, or would be looking towards existing digital currencies.

Venezuela is facing a similar problem as hyperinflation is devaluing the national on a daily basis. Just last week the Banco Central de Venezuela printed more new notes in 10,000, 20,000 and 50,000 bolivar denominations. The state announced the launch of a new re-denominated Bolivar which shaved five zeros off the national during last year’s monetary reform.

Venezuelans has flocked to Bitcoin as an alternative hedge according to Coin Dance. have surged to all-time highs of over 46 billion in recent weeks as bitcoin new highs for fifteen months.

McAfee to the Rescue

Crypto warlord John McAfee was quick to his services to the Cuba government if and when it proceeds with its crypto ambitions.

“Cuba is planning to use Cryptocurrency to get around the 63 years of economic strangulation imposed upon 14 million Cuban people by the insanity of the US Government. Finally, a large scale, real world application for Cryptocurrencies. If Cuba wants my help, I am here.”

McAfee is currently holed up somewhere in Havana, on the run from the far reaching tendrils of the US tax department. US are still wary of nations attempting to evade sanctions by using crypto currencies and may well look unfavorably upon them at home.

As president Trump to flex his economic muscles the number of nations looking to distance themselves from America and its dollar is growing. Cuba is the latest and it joins the ranks of Russia, Venezuela, Iran and China in the ever list of sanctioned countries.

 from Shutterstock

The post Crypto Ambitions Rise in Cuba to Curb Economic Crisis appeared first on NewsBTC.


Source: newsbtc
Crypto Ambitions Rise in Cuba to Curb Economic Crisis

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My dad finally came around after 3 years of telling him about Bitcoin!!

My dad finally came around after 3 years of telling him about Bitcoin!! submitted by /u/TheRealXmo
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My dad finally came around after 3 years of telling him about Bitcoin!!

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