Bitcoiners can now swap BTC for Monero‘s (XMR) privacy coins without the need for a trusted intermediary, thanks to atomic swaps developed by an Australian team. The tools developed by CoBloX, a five-member blockchain research team based in Sydney’s Northern Beaches, allow strangers who don’t trust each other to safely swap their Monero tokens for Bitcoin and vice versa. In simple terms, the funds are locked away cryptographically and if both parties don’t complete the… Source link

Ethereum Ethereum rose by 4.69% on Sunday. Reversing a 5.49% loss from Saturday, Ethereum ended the week up by 13.72% to $2,387.66. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,182.2 before making a move. Steering clear of the first major support level at $2,134, Ethereum rallied to a late morning intraday high $2,480.69. Falling short of the first major resistance level at $2,501, Ethereum eased back to sub-$2,400 levels. At the time of writing, Ethereum was… Source link

Australia-based COMIT Network, a research and development (R&D) workgroup, recently announced that “trustless” atomic swaps between Monero (XMR) and Bitcoin (BTC) are currently live on Mainnet. According to a release, this allows users to trade XMR for BTC without having to trust a third-party or intermediary (or even the trading counterparty). Users are able to seamlessly conduct trades globally without using a “regulated” financial institution. The XMR digital currency is… Source link

Cardano and Ethereum will both make big leaps forward this year. Once you’ve dipped your toe in the crypto waters, you’ll discover that Bitcoin (BTC) and Ethereum (ETH) are only the tip of the iceberg. They may be the biggest and most well-known cryptocurrencies, but they’re not perfect. Both face two big issues: high carbon footprints and slow transactions. And while it is possible to layer solutions onto these coins, there are newer, cheaper, and faster cryptocurrencies that consume a… Source link

Benzinga AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat… Source link

Getty/John Phillips Vitalik Buterin used a medieval scientific theory as inspiration for the name of the ethereum network. The blockchain’s naming origins are detailed in Camilla Russo’s book, The Infinite Machine. Ether is the disproved concept that there’s a subtle material that fills space and carries all light waves. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Vitalik Buterin was inspired by a medieval scientific theory when he came up with the… Source link

But lobbyists face an uphill battle that has gotten even tougher after dramatic price swings in recent days, with Bitcoin plunging nearly 40 percent since early May. The investor risks are building on broader concerns about whether cryptocurrency fuels money laundering, aids tax evaders and could threaten the safety of the financial markets themselves if broadly adopted. “Our country needs to take a deeper dive on how to deal with cryptocurrency before any regulations are put in,” Sen…. Source link

Bitcoin is currently one of the top-performing cryptocurrencies due to its bull run. It also has found implementation in the public sector as well as different business sectors thanks to blockchain technology. When it comes to the future milestones of Bitcoin, it’s essential to get a better grasp of the current position of the cryptocurrency, which also affects its future records and impact in the global financial markets.   Future Value Bitcoin currently… Source link

Bitcoin, ethereum and most major cryptocurrencies have fallen sharply over the last week as the crypto market roller coaster rolls on. The bitcoin price has fallen almost 10% since last weekend despite rallying earlier this week amid a slew of positive bitcoin and crypto headlines emanating from the annual Consensus conference. Ethereum, the second-largest cryptocurrency after bitcoin, has lost 50% of its value in two weeks after surging to an all-time high in mid-May. Now, as bitcoin… Source link

Litecoin doesn’t get as much attention as more high-profile coins, but does it deliver better returns? Released in 2011, Litecoin was one of the earliest altcoins, which is the term for cryptocurrencies other than Bitcoin. Although it’s similar to Bitcoin technically, it drastically improved transaction times. Litecoin transactions process about four times faster than Bitcoin transactions. Crypto enthusiasts often call Litecoin the silver to Bitcoin’s gold, and that’s certainly true in terms… Source link