Whether you call it the “halving” or the “halvening,” one of the few things we can be sure of in crypto is that the conversation around bitcoin’s upcoming reduction in mining reward will intensify over the next six months.

Why? Because previous halvings have triggered bull runs. And who doesn’t like a bull run?

Many are convinced that the next halving will have the same market effect, and it’s not just a belief that history repeats itself – models have emerged to support this theory.

But if the bull run is expected, why hasn’t it already happened? Why isn’t the halving already priced in?

Because the halving is much more than an event – it is also a narrative, and an uncertain one at that.


more : https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-time

What and why

Ripple has been gaining in popularity recently and its latest partnership may be another boost to its reputation. Rumors are brewing that SWIFT, a popular money transmission system, will be replaced by Ripple.

Ripple recently attended the Sibos Conference, a SWIFT-organized event held in Sydney. Sibos is an opportunity for the most important exponents in the finance industry to discuss areas of development and the technology applied to the economy.

Ripple has maintained exponential growth and has established a strategic partnership with several banks, actions which are fueling replacement rumors. The announcement of xRapid’s launch and the fact that several global clients are already using it shows that Ripple is at a clear advantage. It is also important to recognize that neither Ripple nor SWIFT announced interest in working together.

SWIFT is also currently very interested in blockchain technology, which will increase the effectiveness of its performance. SWIFT’s interest in such technology is not new – in early 2015, the platform announced that it would provide financial support for Linux and the support led to the hyperledger project, a platform “sponsored” by SWIFT.

more : https://bitcoinexchangeguide.com/new-swift-and-ripple-partnership-insight-could-skyrocket-xrp-coin-price/

Binance may have taken another step toward launching a crypto exchange arm in South Korea.

Binance’s presence the Korean market was confirmed Friday by CoinDesk Korea, after the company registered Binance Co. Ltd. with local authorities on Oct 29.

The new arm – which has Binance CFO Wei Zhou as co-representative – comes on the heels of suggestions that Binance intends to open a Beijing office, complementing an office in Shanghai, though it’s not to be an exchange due to local regulatory restrictions.

Operating out of Malta, Binance has local entities in Singapore, Jersey and Uganda, as well as a partner entity in the United States. Binance CEO Changpeng “CZ” Zhao also told CoinDesk recently the firm has plans for expansion in Russia, though that may not involve a new exchange branch.

CoinDesk Korea reached out to Binance to confirm the acquisition of Binance Co. Ltd., a Korean entity opened this past spring by parent firm BXB Inc. The crypto exchange said: “Binance has incorporated corporations in several countries as part of its long-term business plan.”

This April, CZ told CoinDesk Korea that Binance was looking for a “clear signal” from Korean regulators before moving in. The following month, Korean corporation Binance LLC registered in the country with no known affiliation to the crypto exchange.

Two months later, the launch of a Korean arm seemed imminent after CZ confirmed conversations with BXB Inc. which was also eyeing the issuance of its own won-pegged stablecoin. At the time, Binance posted a job ad for a South Korean compliance officer.

With the acquisition, CoinDesk Korea says Binance will soon issue a won-stablecoin under its “Venus” project. The crypto exchange announced its stablecoin program in August.

source : https://www.coindesk.com/binance-enters-korean-market-with-new-business-entity

The race to make crypto as easy as a swipe of a card in the U.S. could be won by Revolut and Mastercard after the crypto-friendly fintech start-up launched its first debit card.

This foot in the U.S. is significant, especially after Coinbase, with the help of Visa, launched its own crypto debit card in the UK.

Coinbase stated in the launch of their card that it would initially be available in the UK, before being rolled out in Europe. U.S. regulations no doubt have had a role to play in the launch of such a major cryptocurrency card being resigned to Europe.

Revolut’s card is not exclusively cryptocurrency-based, however. In fact, the announcement from Mastercard makes no mention of cryptocurrency except when it describes the startup as having a ‘cryptocurrency exchange.’ This does position Revolut to potentially make crypto-card advancements in the U.S. down the line.

read more at: https://beincrypto.com/revolut-and-mastercard-crack-us-market-after-coinbase-and-visa-settled-on-uk/

Is this card from Revolut a big statement in the drive to spend cryptocurrencies as easily as cash? Do you think U.S. customers will see this as a big draw to get a Revolut account and attached card?

When Bitcoin was born ten years ago, the world was torn by financial crisis.

It was 2008.
Major governments had piled up massive debts.
Lehman Brothers failed, triggering a chain reaction of even greater failures in the banking system.
Governments responded by printing unlimited quantities of money.
And Bitcoin was born as Satoshi Nakamoto’s indignant response to the mess they created.

The dream: To create a peer-to-peer system of electronic cash, killing three birds with one stone:

One: Bitcoin would unshackle money from the control of those who created the financial crisis.

Two: It would replace their behind-the-scenes deliberations and manipulations with the first-ever form of money that has a built-in monetary policy.

Three: The monetary policy would be stable, predictable and completely transparent — visible to everyone.

That was the dream. But it has not been the reality.

Bitcoin will more closely resemble a store of wealth (like gold) than a system of electronic cash.
Here’s what actually happened ...
source: https://cryptonews.com/exclusives/bitcoin-investing-in-the-2020s-4895.htm

the article above is a piece of the past about bitcoin let's share opinions:
Will Bitcoin be many times more valuable by the end of the decade?
Or will it be mostly dead?
Will it be replaced by cryptocurrencies with more advanced technology?
If so, will those cryptocurrencies have begun to replace most fiat currencies?

Puerto Rico’s governor, Ricardo Roselló, has announced his resignation in light of mounting political pressure. He will officially step down from office on August 2, 2019.

Roselló’s announcement comes days after the release of leaked chat messages that contained offensive comments about his political opponents and victims of Hurricane Maria. The resignation, however, could threaten the future of the cryptocurrency asset class in the region as he was a major proponent of the technology.



source: https://beincrypto.com/puerto-rico-governors-resignation-could-put-a-halt-to-the-islands-cryptocurrency-future/

Do you think Puerto Rico will continue to be a safe haven for cryptocurrency investors and entrepreneurs?

A new research study published by cryptocurrency trading platform Strix Leviathan has revealed that cryptocurrency halving events do not necessarily result in the asset outperforming the market.

The report published on June 21 also showed that coins undergoing a halving did not experience “outsized” volatility before or after the event.

Halving Does Not Impact Performance of Cryptocurrencies
In its report, Strix Leviathan explained how the phenomenon of halving block rewards could result in a price rise. The logic behind this is that when miners earn less, selling pressure would decrease and the asset’s associated price would increase.

The report highlighted Litecoin (LTC) as one cryptocurrency that has an upcoming halving event and also experienced a rapid surge from $22 in December 2018 to $130 in July this year. According to the researchers, however, this event was a mere coincidence.

They analyzed 32 halving events spread across 24 cryptocurrencies and compared their market position six months pre and post halving. They eventually came to the conclusion that, in almost all circumstances, cryptocurrencies experienced very little volatility during these times.

The report showed that Litecoin dropped in value after its first halving, even though it outperformed the market leading up to the event. The report was further validated when Bitcoin (BTC) showed completely opposite behavior to Litecoin, displaying poor performance leading up to halving and then a stronger showing post-event.

source: https://beincrypto.com/research-shows-cryptocurrencies-dont-outperform-broader-market-before-or-after-halving/

While the cryptocurrency community considers halving events to be a stimulus for a bull market, Strix Leviathan’s researchers clearly suggest otherwise. Do you agree with their conclusion?

Cryptocurrency exchanges and hacks are two terms that appear to be synonymous with one another. The reality is that in 2019 alone, the blockchain community has already been accustomed to six major hacks, subsequently resulting in the cryptocurrency-equivalent of tens of millions of dollars in stolen funds.

It is also possible that others have occurred, much unbeknownst to the public eye.

Nevertheless, the latest of such attacks occurred just this month via Japanese third-party platform BitPoint. The hack is believed to have resulted in the hackers illegally extracting at least $30 million in customer funds.

The unfortunate fact that must be realized is that irrespective of the underlying safeguards employed by cryptocurrency exchanges, the means and methods of would-be criminals are getting smarter and smarter. As such, the focus must not only be on how exchanges are protecting customer funds, but how they react when the worst does happen.

complete at : https://beincrypto.com/another-day-another-hack-when-will-it-stop/