Bitcoin wallet orbiting the Earth
“Nobody on this earth is perfect. Everybody
has their flaws; everybody has their dark secrets and vices.” - Juice Wrld
In
today's newsletter, we will be covering: a Bitcoin wallet
currently orbiting the Earth at 5 miles per second Total Market Cap:
~$202.9 billion (~0.8%) BTC Price: ~$7,480 (~0.5%) 24-Hour Volume: ~$52.4
billion (~10%) BTC Dominance: ~66.7% (~0.15%) Notable movers: Algorand (ALGO)
(~11.4%) BTC is currently trading at ~$7,480, up ~0.8% over the weekend.
Over the weekend, BTC mostly bounced within a tight range of ~$7,440 and
~$7,610. On the daily chart, BTC is still trading below its 21-, 50- and
100-day EMA support lines, but is currently contesting the 100-day EMA line. RSI
is at ~43.6, indicative of moderate bearish momentum (although some bullish
momentum has been picking up). The MACD line has also recently crossed to the
upside of the signal line. BTC is still trading within its lower highs
and lower lows trading pattern/ channel/ zone it has been trading within since
late June this year.
A crypto wallet built by developers at SpaceChain has
been launched into the stratosphere on-board a Falcon 9 rocket on 7 Dec,
becoming the first active Bitcoin (BTC) node on the International Space Station
(ISS). For SpaceChain, the launch is a step forward in its mission of forging
a strong, decentralized blockchain infrastructure high above the Earth,
beyond any country's jurisdiction and above the reach of physical hardware
hacks.
The company regards its nodes as a "radical new way" to make
cryptocurrency transactions more secure, and the wallet "will play a small but
important part in that long-term goal." Upon installation by the astronauts
aboard the ISS, the node will operate for around 1 year getting multi-signature
transactions through the ISS data feed. Ethereum has successfully
implemented the "Istanbul" hard fork at block #9,069,000 in its 3rd
systemwide upgrade in 2019. "Istanbul" is the Ethereum network's
8th hard fork overall with the first code changes approved in June 2019.
The
main issues addressed by Istanbul's 6 Ethereum Improvement Proposals (EIPs) are
denial-of-service (DDoS) attack resilience (EIP 1344), interoperability
with equihash-based proof-of-work (PoW) cryptocurrencies like Zcash (EIP 152)
and gas costs (EIPs 1108, 2028, 2200). The EIPs enabled lower gas costs so as
to boost the blockchain's bandwidth and facilitate zero-knowledge privacy
technologies like zk-SNARKs. Microsoft's blockchain-enabled
cloud service Microsoft Azure announced new blockchain data and
tokenization management services in a published post on the official
Microsoft Azure blog on 6 Dec.
The Azure Blockchain Tokens
service seeks to simplify the "definition, creation and management of compliant
tokens built to industry standards" and offers pre-built templates for
common uses and hosts a gallery of templates created by partners that are
anticipated to be added in the future. Customers can now get an "end-to-end
experience of easily creating and managing tokens for physical or digital assets
via Azure Blockchain Tokens (preview)." The blockchain data
manager is a new Azure Blockchain Service feature meant to allow its
users to capture, transform and decrypt blockchain ledger data (if
encrypted), simplifying the "cumbersome task of integrating existing
applications with data that sits on a blockchain ledger." Ethereum's
Istanbul hard fork receives support from leading cryptocurrency exchanges after
its successful update.
The Italian Society of Authors and Publishers (SIAE)
has partnered with Algorand (ALGO) to develop a new blockchain ecosystem for
copyright management. ©️ The research arm of Asia-based Forkast, Forkast
Insights, reported that blockchain technology is quickly maturing in China.
Mining with remote processing power rented from companies operating outfits in
countries like Iceland, where the electricity is abundant and cost-efficient,
and the ambient temperature is cold year-round. Another term for this is mining
contract. TBA - Justin Sun's lunch with Warren Buffett "How much do you agree
with this statement: "I still enjoy reading this newsletter each day."" The
average vote was 7.9. 42.9% of y'all voted a '10'! Be understanding
Unsubscribe - Unsubscribe Preferences
“Nobody on this earth is perfect. Everybody
has their flaws; everybody has their dark secrets and vices.” - Juice Wrld
Intoday's newsletter, we will be covering: a Bitcoin wallet
currently orbiting the Earth at 5 miles per second Total Market Cap:
~$202.9 billion (~0.8%) BTC Price: ~$7,480 (~0.5%) 24-Hour Volume: ~$52.4
billion (~10%) BTC Dominance: ~66.7% (~0.15%) Notable movers: Algorand (ALGO)
(~11.4%) BTC is currently trading at ~$7,480, up ~0.8% over the weekend.
Over the weekend, BTC mostly bounced within a tight range of ~$7,440 and
~$7,610. On the daily chart, BTC is still trading below its 21-, 50- and
100-day EMA support lines, but is currently contesting the 100-day EMA line. RSI
is at ~43.6, indicative of moderate bearish momentum (although some bullish
momentum has been picking up). The MACD line has also recently crossed to the
upside of the signal line. BTC is still trading within its lower highs
and lower lows trading pattern/ channel/ zone it has been trading within since
late June this year.
A crypto wallet built by developers at SpaceChain hasbeen launched into the stratosphere on-board a Falcon 9 rocket on 7 Dec,
becoming the first active Bitcoin (BTC) node on the International Space Station
(ISS). For SpaceChain, the launch is a step forward in its mission of forging
a strong, decentralized blockchain infrastructure high above the Earth,
beyond any country's jurisdiction and above the reach of physical hardware
hacks.
The company regards its nodes as a "radical new way" to makecryptocurrency transactions more secure, and the wallet "will play a small but
important part in that long-term goal." Upon installation by the astronauts
aboard the ISS, the node will operate for around 1 year getting multi-signature
transactions through the ISS data feed. Ethereum has successfully
implemented the "Istanbul" hard fork at block #9,069,000 in its 3rd
systemwide upgrade in 2019. "Istanbul" is the Ethereum network's
8th hard fork overall with the first code changes approved in June 2019.
Themain issues addressed by Istanbul's 6 Ethereum Improvement Proposals (EIPs) are
denial-of-service (DDoS) attack resilience (EIP 1344), interoperability
with equihash-based proof-of-work (PoW) cryptocurrencies like Zcash (EIP 152)
and gas costs (EIPs 1108, 2028, 2200). The EIPs enabled lower gas costs so as
to boost the blockchain's bandwidth and facilitate zero-knowledge privacy
technologies like zk-SNARKs. Microsoft's blockchain-enabled
cloud service Microsoft Azure announced new blockchain data and
tokenization management services in a published post on the official
Microsoft Azure blog on 6 Dec.
The Azure Blockchain Tokensservice seeks to simplify the "definition, creation and management of compliant
tokens built to industry standards" and offers pre-built templates for
common uses and hosts a gallery of templates created by partners that are
anticipated to be added in the future. Customers can now get an "end-to-end
experience of easily creating and managing tokens for physical or digital assets
via Azure Blockchain Tokens (preview)." The blockchain data
manager is a new Azure Blockchain Service feature meant to allow its
users to capture, transform and decrypt blockchain ledger data (if
encrypted), simplifying the "cumbersome task of integrating existing
applications with data that sits on a blockchain ledger." Ethereum's
Istanbul hard fork receives support from leading cryptocurrency exchanges after
its successful update.
The Italian Society of Authors and Publishers (SIAE)has partnered with Algorand (ALGO) to develop a new blockchain ecosystem for
copyright management. ©️ The research arm of Asia-based Forkast, Forkast
Insights, reported that blockchain technology is quickly maturing in China.
Mining with remote processing power rented from companies operating outfits in
countries like Iceland, where the electricity is abundant and cost-efficient,
and the ambient temperature is cold year-round. Another term for this is mining
contract. TBA - Justin Sun's lunch with Warren Buffett "How much do you agree
with this statement: "I still enjoy reading this newsletter each day."" The
average vote was 7.9. 42.9% of y'all voted a '10'! Be understanding
Unsubscribe - Unsubscribe Preferences
